Companies news

ATLANTA, Aug. 8 /PRNewswire-FirstCall/ -- TRX, Inc. , a global technology company that develops and hosts software applications to process data records and automate manual processes, announced today that it will host a live conference call to discuss financial results for its second quarter ended 30 June 2008 on Friday, 15 August 2008, at 9:00 a.m. Eastern Time. TRX will issue a press release reporting its results prior to the earnings call.

Dial-in information for the call will be as follows: US Participants: (800) 753-9057 International Participants: (913) 312-1304

The press release, live Webcast, and replay will be available at http://www.trx.com/ under the Investors tab in the Company section of the website. The company expects to make replays of the conference call available for approximately 90 days after the call date.

About TRX

TRX is a global technology company. We develop and host software applications that process data records and automate manual processes, enabling our clients to optimize performance and control costs. We are a leading provider to the travel industry. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. TRX is headquartered in Atlanta with operations and associates in North America, Europe, and Asia.

Investor Contact: David Cathcart TRX, Chief Financial Officer (404) 929-6154 Media Contact: Kira Perdue Trevelino/Keller Communication Group for TRX (404) 214-0722, extension 101

TRX, Inc.

CONTACT: Investor Contact: David Cathcart, Chief Financial Officer of
TRX, +1-404-929-6154; Media Contact: Kira Perdue of Trevelino-Keller
Communication Group for TRX, +1-404-214-0722, extension 101

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

SCI Engineered Materials, Inc. Ticker Symbol Changes to 'SCIA'

COLUMBUS, Ohio, Aug. 8 /PRNewswire-FirstCall/ -- SCI Engineered Materials, Inc. (BULLETIN BOARD: SCIA) , a manufacturer of ceramics and metals for advanced applications such as photonics, solar, thin film batteries, and semiconductors for select growth markets in the physical vapor deposition industry, announced that its stock symbol changed to "SCIA" effective today. The common stock is traded on the Over-The-Counter Bulletin Board market.

This change was made in conjunction with the Company's new CUSIP number, which is 78402S 108, following shareholder approval of the corporate name change. The previous stock symbol was "SCCI."

About SCI Engineered Materials, Inc.

SCI Engineered Materials, Inc. manufactures ceramics and metals for advanced applications such as photonics solar, thin film batteries, and semiconductors. SCI Engineered Materials is a global materials supplier with clients in more than 40 countries. Additional information is available at http://www.sciengineeredmaterials.com/ .

SCI Engineered Materials, Inc.

CONTACT: Robert Lentz for SCI Engineered Materials, Inc.,
+1-614-876-2000

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

Verizon Voice Mail Upgrade Planned for Early Aug. 10

THOUSAND OAKS, Calif., Aug. 8 /PRNewswire/ -- Verizon's voice mail service in California will be unavailable for a short period early Sunday (Aug. 10) when technicians upgrade the system's software.

Work on the system will begin at 12:01 a.m. Sunday and will last between 45 minutes to 3 hours. During that time, callers will be unable to leave messages, and California voice mail subscribers (about 700,000 customers) will not be able to access their mailboxes. Normal telephone and Internet services will not be affected.

"We apologize for any inconvenience caused by this upgrade, which we will complete as quickly as possible," said Margaret Serjak, vice president of operations for Verizon's West Coast region. "We thank our customers for their patience as we make improvements needed to ensure continued reliable voice mail service."

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 69 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of more than 228,600 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Jon Davies of Verizon, +1-805-372-6969, jon.davies@verizon.com

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

Company News On-Call: http://www.prnewswire.com/comp/618232.html

Court Grants Limelight Networks' Motion to Dismiss in Shareholder Lawsuit

TEMPE, Ariz., Aug. 8 /PRNewswire-FirstCall/ -- Limelight Networks, Inc., today announced the United States District Court for the District of Arizona has granted the Company's motion to dismiss the consolidated class action complaint, in a case brought against the Company in August 2007.

The Court dismissed the claims under Section 12(2) of the Securities Act of 1933 with prejudice, and dismissed the claims under Section 11 and 15, giving plaintiffs the opportunity to file an amended complaint as to those.

About Limelight Networks, Inc.

Limelight Networks, Inc. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust our robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. Our architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light -- directly to the access networks that consumers use every day. Our proven network and passion for service provides our customers confidence that every object in their library will be delivered to every user, every time. For more information, visit http://www.limelightnetworks.com/.

Limelight Networks, Inc.

CONTACT: Paul Alfieri of Limelight Networks, Inc., +1-917-297-4241,
palfieri@llnw.com

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

Verizon Wireless to Celebrate Grand Opening of Newest Communications Store in WestfieldFeaturing Family Fun and a Chance to Win N.Y. Giants Pre-Season Tickets

WESTFIELD, N.J., Aug. 8 /PRNewswire/ -- In response to the growing demand for the company's voice and data products and services, Verizon Wireless will celebrate the grand opening of its newest Communications Store in South Plainfield next weekend.

The new store, located at 109 North Avenue West, is the fourth Verizon Wireless store in New Jersey to incorporate a new interactive retail design inviting consumers to experience wireless voice, data, music and video services in a sleek, full-service environment. Store hours are Monday through Saturday, 9:00 a.m. to 9:00 p.m. and Sunday 11:00 a.m. to 7:00 p.m. The store phone number is 908-789-1201.

Grand-opening festivities begin on Thursday, August 14, with a ribbon cutting ceremony and a presentation of a $1,000 HopeLine(R) donation to the YWCA of Eastern Union County's Project Protect, which offers a range of services to survivors of domestic violence and their children.

On Saturday, August 16, the celebration will continue with refreshments, family fun activities and a chance to win N.Y. Giants pre-season tickets from noon to 4:00 p.m. Family fun activities will continue on Sunday from noon to 4:00 p.m.

A recognized corporate leader for its commitment to preventing domestic violence and raising awareness of the issue, the Verizon Wireless donation was made possible through the company's HopeLine(R) phone recycling program.

"We are pleased to welcome Verizon Wireless to the Westfield community and thank them for their generous support," said Maria Tsitsiragos, treasurer of the board of directors of the YWCA of Eastern Union County. "In addition to financial support, the HopeLine program provides us with a unique opportunity to raise community awareness about the devastating impact of domestic violence."

Verizon Wireless' national HopeLine(R) phone recycling program collects used cell phones of any make or model, from any wireless carrier. Phones are recycled or sold and the proceeds are donated in the form of cash grants and pre-paid wireless handsets to advocacy groups for use by battered women.

Store Manager Pedro Valentin encourages local residents to stop by the store, join in the festivities and drop off their old, no-longer-used wireless phones and accessories.

"This small act can make a huge difference in the lives of women and children affected by violence in the home," he said. "HopeLine is an innovative approach that not only helps protect women and families at risk, but also protects the environment by keeping electronic waste out of our landfills."

Verizon Wireless was the first wireless carrier in the nation to collect and recycle old cell phones and has done so since January 1999, first in New Jersey and then across the U.S. Nationally, the Verizon Wireless HopeLine program has given more than $5 million in cash grants and more than 60,000 phones with airtime to domestic violence prevention organizations. Locally, HopeLine's direct and in-kind donations total nearly $1 million.

The new store features over 3,000 square feet of retail, technical support and customer service space and is staffed by knowledgeable wireless professionals. Verizon Wireless offers a broad range of equipment and service options including a new line-up of devices that combine V CAST music capabilities, mobile TV and full access to the Internet and VZ Navigator(Version 4.0) which adds traffic and gas station information to audible turn-by-turn directions.

The Westfield Communications Store is the sixth to open in Union County and one of more than 140 Verizon Wireless interactive retail locations in the New York Metro area. HopeLine phone donations are accepted at all Verizon Wireless Communications Stores in New Jersey and across the nation. For store locations and additional information, visit http://www.verizonwireless.com/hopeline.

About Verizon Wireless

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

Verizon Wireless

CONTACT: David Samberg of Verizon Wireless, +1-845-365-7212,
david.samberg@verizonwireless.com; or Kim Ancin for Verizon Wireless,
+1-845-429-3839, Kimberly.ancin@vivianipr.com

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

Sonic Foundry Named Finalist for Streaming Media Magazine Readers' Choice AwardsMediasite by Sonic Foundry again nominated for Best Webcasting Platform

MADISON, Wis., Aug. 8 /PRNewswire-FirstCall/ -- Sonic Foundry, Inc. , the recognized market leader for rich media webcasting and knowledge management, today announced the company's Mediasite platform is once again a finalist in the Best Webcasting Platform category in the second annual Streaming Media Magazine Readers' Choice Awards.

Streaming Media Magazine established the program to honor the success of streaming technology and services companies that are fueling industry growth. This year the publication identifies 20 categories and invites readers and end users to vote at http://www.streamingmedia.com/readerschoice. Voting is open until Monday, August 25, and winners will be announced at a reception during Streaming Media West (http://www.streamingmedia.com/west) in San Jose on September 23.

Last year, Sonic Foundry and Mediasite were chosen Best Webcasting Platform and Best Webcasting Appliance (http://www.sonicfoundry.com/readerschoice2007), singled out among 92 companies and 120 products and services nominated by customers and industry experts.

"This year's Readers' Choice Awards present more than 200 different products and services from more than 150 different companies from around the world. The fact that there's so much competition for these awards is a reflection of just how many competitive solutions are now available to consumers, enterprises and educational institutions looking for online video solutions. Regardless of who the ultimate winners are, that's something we can all celebrate," said Streaming Media Magazine editor Eric Schumacher-Rasmussen.

Since its introduction in 2003, Sonic Foundry's Mediasite has set the standard as a transformational communication medium for delivering critical information and sharing knowledge. Trusted by more than 1100 customers, the patented Mediasite webcasting and content management system quickly and cost-effectively automates the capture, management, delivery and search of rich media presentations that combine audio, video and accompanying graphics for live or on-demand viewing.

About Sonic Foundry(R), Inc.

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

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

Sonic Foundry, Inc.

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

Web site: http://www.sonicfoundry.com/
http://www.streamingmedia.com/readerschoice

Hillman Group Capital Trust Announces Cash Distribution on Trust Preferred Securities

CINCINNATI, Aug. 8 /PRNewswire-FirstCall/ -- The Hillman Companies, Inc. (the "Company" or "Hillman"), Max W. Hillman, Chief Executive Officer, announced today that a cash distribution has been declared by Hillman Group Capital Trust for the month of August 2008 in the amount of $.241667 for each Trust Preferred Security . The distribution will be payable September 1, 2008 to holders of record August 18, 2008.

Hillman sells to hardware stores, home centers, pet suppliers, mass merchants, and other retail outlets principally in the U.S., Canada, Mexico, and South America. Their product line includes thousands of small parts such as fasteners and related hardware items, keys, key duplication systems, and identification items, such as tags, letters, numbers and signs. Services offered include design and installation of merchandising systems and maintenance of appropriate in-store inventory levels.

For more information on the Company, please visit our website at http://www.hillmangroup.com/ or call Investor Relations at (513) 851-4900, ext. 2084

The Hillman Companies, Inc.

CONTACT: Investor Relations, The Hillman Companies, Inc.,
+1-513-851-4900, ext. 2084

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

Flextronics to Report Second Quarter Results and Host Analyst and Investor Meeting

SINGAPORE, Aug. 8 /PRNewswire-FirstCall/ -- Flextronics today announced that it will report second quarter results on Thursday, October 23, 2008 and will host its annual analyst and investor meeting on Tuesday, November 18, 2008 in New York City.

The earnings conference call, hosted by Flextronics's senior management, will be held on October 23, 2008 at 2:30 p.m. PDT to discuss the financial results of the Company for its second quarter ended September 26, 2008.

The analyst and investor meeting, hosted by Flextronics's senior management, will be held on November 18, 2008 to present the Company's key strategies and initiatives.

The earnings call and the analyst and investor presentations will be available via the Internet and may be accessed by logging on to the Company's Web site at http://www.flextronics.com/. A replay of the broadcasts will remain available on the Company's Web site after the earnings call and analyst and investor meeting.

Minimum requirements to listen to the broadcast are Microsoft Windows Media Player software (free download at http://www.microsoft.com/windows/windowsmedia/download/default.asp) and at least a 28.8 Kbps bandwidth connection to the Internet.

About Flextronics

Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer digital, industrial, infrastructure, medical and mobile OEMs. With the acquisition of Solectron, pro forma fiscal year 2008 revenues from continuing operations are more than US$33.6 billion. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit http://www.flextronics.com/.

Flextronics

CONTACT: Warren Ligan, Senior Vice President, Investor Relations,
+1-408-576-7722, investor_relations@flextronics.com; or Renee Brotherton, Vice
President, Corporate Communications, +1-408-576-7189,
renee.brotherton@flextronics.com, both of Flextronics

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

Favre Jets Jersey Sets Daily Record for NFLShop.com SalesOnline Record Established for Most NFL Single-Player Jerseys Sold in a Day

KING OF PRUSSIA, Pa., Aug. 8 /PRNewswire-FirstCall/ -- GSI Commerce Inc. , the National Football League's partner in managing and operating NFL Shop, which includes the league's e-commerce site located at http://www.nflshop.com/ and the NFL's official catalog, reported more than 6,500 Brett Favre New York Jets jerseys were sold online at NFLShop.com on Aug. 7.

This achievement marks a single-day sales record for an NFL player's jersey on NFLShop.com, breaking the previous record when nearly 900 Tony Romo jerseys were sold on November 11, 2007.

NFLShop.com went live with the Favre Jets jersey and other select Jets merchandise just after 6:00 AM on Thursday, less than five hours after the Green Bay Packers announced Favre's trade to the Jets on Wednesday, Aug. 6.

"Fans don't want to wait when something like this happens and NFLShop.com was and is one of the few places where fans can go immediately to order their new Favre Jets jersey," said Michael G. Rubin, chairman and CEO of GSI. "Orders remain very strong today (Friday) for Favre merchandise."

GSI Commerce, which has operated NFLShop.com since 2006, also provides marketing services for the NFLShop.com, including paid search, affiliate marketing, advertising with comparison shopping engines and e-mail marketing. In addition, GSI Commerce manages the production and mailing of the NFL Shop catalog and merchandise sales for NFL direct response television promotions on a national and regional basis. In addition to the NFL, GSI Commerce has e-commerce agreements to operate the online stores for major professional sports leagues in the United States, including Major League Baseball, the NHL, the NBA, NASCAR and Major League Soccer.

About GSI Commerce

GSI Commerce(R) (http://www.gsicommerce.com/) is a leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer (b2c) enterprises in the U.S. and internationally. We deliver customized e-commerce solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care. We offer each of the platform's components on a modular basis, or as part of an integrated, end-to-end solution. We also offer a full suite of interactive marketing services through two divisions, gsi interactive(sm) and e-Dialog Inc. (http://www.e-dialog.com/).

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.

Contacts: GSI Commerce, Inc. Corporate Marketing 610.491.7474 fax: 610.265.2866 news@gsicommerce.com

GSI Commerce Inc.

CONTACT: GSI Commerce, Inc., Corporate Marketing, +1-610-491-7474, or
Fax, +1-610-265-2866, or news@gsicommerce.com

Web site: http://www.gsicommerce.com/
http://www.nflshop.com/
http://www.e-dialog.com/

RiT Technologies Granted Temporary Exception For Continued Listing on Nasdaq

TEL AVIV, Israel, August 8 /PRNewswire-FirstCall/ -- RiT Technologies Ltd. announced today that a Nasdaq Hearings Panel determined that the Company is entitled to an extended period within which to regain compliance with the minimum bid price requirement of $1.00 per share set forth in Nasdaq Marketplace Rules.

The exception was issued by the Hearings Panel, which, at RiT's request, held a formal hearing regarding RiT's continued listing on July 24, 2008. On August 6, 2008, RiT was notified that the Hearings Panel granted RiT an exception to the requirement that it maintains a minimum bid price of $1.00 per share provided that, on or before November 13, 2008, the closing bid price of the Company's shares will be $1.00 or more for a minimum of 10 prior consecutive trading days. In order to comply with the terms of the exception, RiT must continue to comply with all other Nasdaq requirements for continued listing.

There can be no assurance that the Company will be able to regain compliance with the terms of the exception by November 13. At such time, the Company may decide to achieve compliance by effecting a reverse stock split of its shares, subject to obtaining the approval of shareholders in the upcoming annual general meeting scheduled for August 26, 2008.

About RiT Technologies

RiT is a leading provider of physical network infrastructure control and management solutions. Deployed in the networks of many of the world's largest carriers and enterprises, its pioneering, fast-ROI products have proven their ability to simplify service deployment and provisioning, enhance troubleshooting accuracy, reduce infrastructure maintenance costs, enhance physical layer security and enable cost-effective service qualification and verification.

For more information, please visit our website: http://www.rittech.com/ Safe Harbor Statement

In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate", "forecast", "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described under the heading "Risk Factors" in our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 20-F, which may be revised or supplemented in subsequent reports filed with the SEC. These factors include, but are not limited to, the following: our ability to raise additional financing, if required; our inability to satisfy Nasdaq's requirements for continued listing, the continued development of market trends in directions that benefit our sales; our ability to maintain and grow our revenues; our dependence upon independent distributors, representatives and strategic partners; our ability to develop new products and enhance our existing products; the availability of third-party components used in our products; the economic condition of our customers; the impact of government regulation; and the economic and political situation in Israel. Except as may be required by applicable law, we are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.

Company Contact: Simona Green VP Finance +972-3-766-4249 simonag@rit.co.il

RiTTechnologies Ltd

CONTACT: Company Contact: Simona Green, VP Finance, +972-3-766-4249,
simonag@rit.co.il

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

LAUREL, Md., Aug. 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for residents and visitors in Frederick County, Va., Verizon Wireless has expanded its network with a new cell site. The new cell site provides coverage along Route 7 and surrounding area including Blossom Drive, Triple J Road, Senseny Road, Greenwood Road, Burnt Factory Road, Woods Mill Road, Jordan Springs Road, Valley Mill Road, Hunter Run Road, and portions of Crum's Church Road and Sulphur Springs Road.

The network expansion is part of an aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. The company spent $300 million to enhance services and coverage throughout Virginia, Washington, DC and Maryland in 2007, bringing total network investment in the region to more than $1.8 billion since 2000.

Nationally, the company has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to offer customers the most reliable service available, including wireless data services such as picture messaging, text messaging, and the company's exclusive V CAST service. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones over Verizon Wireless' high-speed EV-DO network. Verizon Wireless' high-speed third generation wireless broadband network has been enhanced with EV-DO Rev. A technology.

This enhancement allows customers who use the company's flagship business data service, BroadbandAccess, to interact with Web-based applications, download music over-the-air, access to e-mail, everyday corporate data, the Internet, and more at speeds that are eight to nine times faster than before. For example, BroadbandAccess customers with Rev. A compatible devices can now expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps, which means 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.

Strong demand for Verizon Wireless services continued during the second quarter of 2008 as the company added 1.5 million net new customers. For the 15th consecutive quarter, Verizon Wireless also led the wireless industry in customer loyalty. The company posted a churn (customer turnover) rate of just 1.12%, below the rate reported by the other major wireless carriers.

Verizon Wireless tests its network and those of its competitors to ensure the Verizon Wireless network remains the nation's most reliable. Nationally, Verizon Wireless' real-life test men and women drive 91 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets in high-population areas, based upon U.S. Census counts, to determine if voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

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 Johnson of Verizon Wireless, +1-240-568-1429,
john.h.johnson@verizonwireless.com; or Sherri Cunningham for Verizon Wireless,
+1-202-364-5856

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

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

LAUREL, Md., Aug. 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for residents and visitors in Pulaski County, Va., Verizon Wireless has expanded its network with a new cell site. The new cell site improves coverage along I-81 and Routes 11 and 100 near the city of Dublin.

This network expansion is part of an aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. The company spent $300 million to enhance services and coverage throughout Virginia, Washington, DC and Maryland in 2007, bringing total network investment in the region to more than $1.8 billion since 2000.

Nationally, the company has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to offer customers the most reliable service available, including wireless data services such as picture messaging, text messaging, and the company's exclusive V CAST service. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones over Verizon Wireless' high-speed EV-DO network. Verizon Wireless's high-speed third generation wireless broadband network has been enhanced with EV-DO Rev. A technology.

About Verizon Wireless

Verizon Wireless

CONTACT: Sherri Cunningham for Verizon Wireless, +1-202-364-5856; or
John Johnson of Verizon Wireless, +1-240-568-1429,
john.h.johnson@verizonwireless.com

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

Smithsonian Institution Receives $100,000 Grant From Verizon to Update and Expand Smithsonian's Asian Pacific American ProgramVerizon Foundation Also Offering Free Educational Resources on Asia and Olympics on Thinkfinity.org

BASKING RIDGE, N.J., Aug. 8 /PRNewswire/ -- The Smithsonian Institute's Asian Pacific American Program has received a $100,000 grant from the Verizon Foundation to create an online "virtual village" where visitors can experience Asian Pacific American history and culture.

The virtual village will be accessible through the Smithsonian APA program's home page, http://www.apa.si.edu/. On the Web site, visitors will be able to view online exhibits, hear oral histories, attend virtual programs, and download video and audio podcasts of events.

"This grant will take us to the next level of innovative Web strategies to educate the general public about the history, culture and perspectives of Asian Pacific Americans," said Dr. Franklin S. Odo, director of the Smithsonian Asian Pacific American Program. "With APAs having the highest connectivity to the Internet, we expect the virtual village to be a great success."

Using technology to expand learning opportunities is a key mission of the Verizon Foundation. Through its signature education and literacy program, Thinkfinity.org, the Verizon Foundation offers more than 55,000 standards-based, grade-specific, K-12 lesson plans and other educational resources provided in partnership with many of the nation's leading educational and literacy organizations.

In conjunction with the 2008 Summer Olympic Games in Beijing, Verizon's Thinkfinity.org will offer on a special section of its home page a rich collection of educational resources and activities for teachers, parents and students.

"The Olympics present a tremendous teaching opportunity for parents and educators to share China's tremendous history and the history of the Olympic games," said Verizon Foundation president Patrick Gaston. "Through Thinkfinity.org, parents and students receive quick and free access to a wide array of educational resources to deepen their understanding of the Olympic games and Asia."

Content for Thinkfinity.org is provided through a partnership between the Verizon Foundation and 11 of the nation's leading organizations in the fields of education and literacy: the American Association for the Advancement of Science, International Reading Association, The John F. Kennedy Center for the Performing Arts, National Center for Family Literacy, National Council on Economic Education, National Endowment for the Humanities, National Council of Teachers of English, National Council of Teachers of Mathematics, National Geographic Society, ProLiteracy Worldwide and the Smithsonian National Museum of American History.

The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its signature program, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2007, the foundation awarded more than $67.4 million in grants to nonprofit agencies in the United States and abroad. The foundation also matched the charitable donations of Verizon employees and retirees, resulting in $25.1 million in combined contributions. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered more than 3 million hours of community service since Verizon's inception in 2000. For more information on the foundation, visit http://www.verizon.com/foundation.

About Verizon Communications

Verizon

CONTACT: Brian C. Malina of Verizon, +1-908-559-6434,
brian.c.malina@verizon.com

Web site: http://www.verizon.com/
http://www.apa.si.edu/
http://thinkfinity.org/
http://www.verizon.com/news
http://www.verizon.com/foundation

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

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

LAUREL, Md., Aug. 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for residents and visitors in Goochland County, Va., Verizon Wireless has expanded its network with a new cell site. The new cell site improves coverage along Route 288, Route 6, and Route 650 (River Rd) of Verizon Wireless' high-speed wireless data service, BroadBandAccess.

With BroadBandAccess, users can connect to the Internet, download music over-the-air, and access e-mail or corporate data at average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps. For example, 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.

This network enhancement is part of Verizon Wireless' aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for the company's voice and data services. Verizon Wireless spent $300 million to enhance services and coverage throughout Virginia, Washington, DC, and Maryland in 2007, bringing total network investment in the region to more than $1.8 billion since 2000.

About Verizon Wireless

Verizon Wireless

CONTACT: Sherri Cunningham for Verizon Wireless, +1-202-364-5856; or
John Johnson of Verizon Wireless, +1-240-568-1429,
john.h.johnson@verizonwireless.com

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

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

LAUREL, Md., Aug. 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for residents and visitors in Roanoke, Va., Verizon Wireless has expanded its network with a new cell site. The new cell site provides improved coverage in the area surrounding Patrick Henry High School on Brandon Ave.

Nationally, the company has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to offer customers the most reliable service available, including wireless data services such as picture messaging, text messaging, and the company's exclusive V CAST service. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones over Verizon Wireless' high-speed EV-DO network. Verizon Wireless's high-speed third generation wireless broadband network has been enhanced with EV-DO Rev. A technology.

About Verizon Wireless

Verizon Wireless

CONTACT: Sherri Cunningham for Verizon Wireless, +1-202-364-5856, or
John Johnson of Verizon Wireless, +1-240-568-1429,
john.h.johnson@verizonwireless.com

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

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

LAUREL, Md., Aug. 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for residents and visitors in Greenbrier County, West Virginia, Verizon Wireless has expanded its network with a new cell site. The new cell site located near downtown Lewisburg provides coverage along I-64 and Routes 219 and 60.

The network expansion is part of an aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. The company spent $300 million to enhance services and coverage throughout Washington, Baltimore and Virginia in 2007, bringing the network investment in the region to more than $1.8 billion since 2000.

Nationally, the company has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to offer customers the most reliable service available, including wireless data services such as picture messaging, text messaging, and the company's exclusive V CAST service. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones over Verizon Wireless' high-speed EV-DO network. Verizon Wireless's high-speed third generation wireless broadband network has been enhanced with EV-DO Rev. A technology.

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: Sherri Cunningham for Verizon Wireless, +1-202-364-5856; or
John Johnson of Verizon Wireless, +1-240 568-1429,
john.h.johnson@verizonwireless.com

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

Norfolk, VA Residents to Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access and Music

LAUREL, Md., Aug. 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for residents and visitors in Norfolk, Va., Verizon Wireless has expanded its network with a new cell site. The new cell site, located near Norfolk Naval Base, improves coverage of Verizon Wireless' high-speed wireless data service, BroadBandAccess, along West Little Creek Road, Hampton Boulevard and International Terminal Boulevard.

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: Sherri Cunningham for Verizon Wireless, +1-202-364-5856, or
John Johnson of Verizon Wireless, +1-240-568-1429,
john.h.johnson@verizonwireless.com

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

uBid.com Holdings, Inc. Renames Holdings Company 'Enable Holdings, Inc.'Asset Recovery Leader Completes Restructuring, Changes Name

CHICAGO, Aug. 8 /PRNewswire-FirstCall/ -- uBid.com Holdings Inc. (BULLETIN BOARD: UBHI) , the leading asset recovery solutions company for the world's most trusted brands, today officially changed the name of uBid.com Holdings, Inc. (the Company) to Enable Holdings, Inc. The Company's name change coincides with the restructuring project as part of its new business model of a comprehensive excess inventory solutions provider, consisting of multiple asset recovery channels. Major components of the Company's restructuring project are complete, with additional initiatives continuing through the balance of 2008 as the Company continues to execute implementation of its new strategy as Enable Holdings, Inc.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO)

uBid.com Holdings, Inc. is currently traded on the NASDAQ OTC Bulletin Board (UBHI.OB), but the Company has applied for a new ticker symbol with NASDAQ as Enable Holdings, Inc.

For more information please visit http://www.ubid.com/. About uBid.com Holdings, Inc.

uBid.com Holdings, Inc. is the world's leading excess inventory solutions company that links brand name sellers with customers around the globe. uBid.com Holdings, Inc. does this through its multi-channel asset-recovery solution that includes an online auction platform located at http://www.ubid.com/, physical facilities liquidation and a business-to-business selling platform. Brand name sellers are able to reduce excess inventory more efficiently and profitably than ever before. And however they choose to buy, shoppers now have an inside connection to the world's most trusted brands at prices far below retail. With more than 10 years experience in online commerce, uBid Holdings, Inc. is headquartered in Chicago, IL.

uBid.com Holdings, Inc. is publicly-traded on the NASDAQ OTC bulletin board (UBHI.OB).

SEC Filings and Forward-Looking Statements

Additional information about uBid.com is in the company's annual report on Form 10-K, filed with the Securities and Exchange Commission.

Certain statements made in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements using terminology such as "anticipate," "believe," "estimate," "expect," "intend," "may," "could," "possible," "plan," "project," "should," "will," "forecast," and similar words or expressions. uBid.com Holdings, Inc. intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of uBid.com Holdings, Inc. and the industries and markets in which uBid.com Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect the forward-looking statement identified above and uBid.com Holdings, Inc.'s business, financial condition and operating results generally include the effects of adverse changes in the economy, reductions in consumer spending, declines in the financial markets and the industries in which uBid.com Holdings, Inc. and its partners operate, adverse changes affecting the Internet and e-commerce, the ability of uBid.com Holdings, Inc. to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment or extension of its relationships with strategic partners, the ability of uBid.com Holdings, Inc. to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of uBid.com Holdings, Inc. to attract and retain qualified personnel, the ability of uBid.com Holdings, Inc. to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. uBid.com Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by uBid.com Holdings, Inc.

MEDIA CONTACTS: Ryan Calverley Press Officer uBid.com Holdings, Inc. (773) 272-4414 ryanc@ubid.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com uBid.com Holdings, Inc.

CONTACT: Ryan Calverley, Press Officer of uBid.com Holdings, Inc.,
+1-773-272-4414, ryanc@ubid.com

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

Tumbleweed Stockholders Approve Merger With Axway Inc.

REDWOOD CITY, Calif., Aug. 8 /PRNewswire-FirstCall/ -- Tumbleweed(R) Communications Corp. announced that at a special meeting of stockholders held today, the stockholders of Tumbleweed approved and adopted the Agreement and Plan of Merger, dated June 5, 2008, by and between Tumbleweed and Axway Inc., an indirect wholly owned subsidiary of Sopra Group SA. As previously announced, consummation of the transaction is expected during the third quarter, subject to the satisfaction of various other closing conditions, including the expiration of the review process under Exon-Florio.

Tumbleweed Relocates Headquarters Effective immediately, Tumbleweed has relocated its headquarters to: 1600 Seaport Blvd. Suite 400, South Building Redwood City, CA 94063 Telephone: 650-216-2000 Toll-free: 877-988-6253 Driving directions are available at http://www.tumbleweed.com/ About Tumbleweed

Tumbleweed Communications Corp. , an industry leader in managed file transfer, email security and identity validation, provides enterprise-class solutions to organizations of all sizes. Tumbleweed's innovative products enable organizations to effectively manage and protect business-critical Internet communications, with capabilities that span secure file transfer, encryption, data loss prevention, and email security. Tumbleweed has approximately 3,500 customers worldwide, including blue-chip companies across an array of industries such as Technology, Retail, Finance, Healthcare, Manufacturing, Consumer Packaged Goods, Telecom, Energy, and the U.S. Government. The world's most security conscious organizations rely upon Tumbleweed technology including Bank of America Securities, JP Morgan Chase & Co., the U.S. Food and Drug Administration, and the U.S. Department of Defense. Our award-winning products build on 15 years of R&D and 31 security patents in the U.S. alone -- many of which are licensed by other security vendors. More information can be found at http://www.tumbleweed.com/.

Tumbleweed, SecureTransport, Secure Messenger and MailGate are either registered trademarks or trademarks of Tumbleweed Communications Corp. in the United States and/or other countries. All other trademarks are the property of their respective owners.

Safe Harbor Statement

Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that could cause actual results to differ materially from those currently expected, particularly with respect to the consummation of the merger. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed's Proxy Statement for the 2008 Annual Meeting of Stockholders on Form 14A, the Form 10-K filed March 17, 2008 and such filings for the periods referred to above, to be filed subsequently. Tumbleweed assumes no obligation to update information contained in this press release. Although this release may remain available on Tumbleweed's website or elsewhere, its continued availability does not indicate that Tumbleweed is reaffirming or confirming any of the information contained herein as of a later date.

Contact: Tumbleweed Communications Corp. Matt Clawson 949-474-4300 (Investor Relations) matt@allencaron.com or SHIFT Communications Dan Gould, 415-591-8428 (Media Relations) dgould@shiftcomm.com

Tumbleweed Communications Corp.

CONTACT: Investor Relations, Matt Clawson of Tumbleweed Communications
Corp., +1-949-474-4300, matt@allencaron.com; or Media Relations, Dan Gould of
SHIFT Communications, +1-415-591-8428, dgould@shiftcomm.com, for Tumbleweed
Communications Corp.

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

Verizon Committed to Continuing to Negotiate

NEW YORK, Aug. 8 /PRNewswire/ -- The Communications Workers of America issued a press release earlier today, setting a bargaining deadline for completing contract negotiations with Verizon Communications . The following response should be attributed to Peter Thonis, Verizon's chief communications officer.

"We are very surprised, given the situation. We and the union leadership have been making consistent progress and have resolved most of the important issues. This has been a complex process involving several bargaining tables and a number of local matters, which we are respectfully addressing. Verizon is committed to continuing to negotiate for as long as it takes to complete the process."

Verizon

CONTACT: Peter Thonis of Verizon, +1-212-395-2355,
peter.thonis@verizon.com

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

Satyam Announces the Filing of Annual Report on Form 20-F for Fiscal 2008

HYDERABAD, India, Aug. 8 /PRNewswire-FirstCall/ -- Satyam Computer Services Limited ("Satyam"), a leading global business and information technology services provider, today announced that its annual report on Form 20-F for the fiscal year 2007-08, containing its annual consolidated financial statements for the fiscal year 2007-08 and the auditors' report thereon (the "Annual Report"), was filed with the Securities and Exchange Commission on August 8, 2008.

The Annual Report is available on the "Investors" page of Satyam's corporate website at http://www.satyam.com/. Shareholders may also obtain a hard copy of the Annual Report, free of charge, by sending a written request to the Company's registered office or by sending an e-mail to Investorservices@satyam.com, attention: Mr. G. Jayaraman, Global Head -- Corporate Governance & Company Secretary.

About Satyam

Satyam , a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 66* countries.

Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 51,643* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.

Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 670* clients, including more than one third of the Fortune 500. For more information, see http://www.satyam.com/.

*As of June 30, 2008 Satyam Contacts For clarifications, write to us at MediaRelations@Satyam.com Or contact our global Satyam PR representatives at: India Deepa Jayaraman deepa.jayaraman@ipan.com +91-981-980-8681 Ajit Henry ajit.henry@ipan.com +91-982-081-4870 US James Swords James_Swords@Satyam.com +1-703-877-2225 Europe Sandeep Thawani Sandeep_Thawani@Satyam.com +44-783-010-3838 Asia-Pacific Dan Bleakman Dan@howorth.com.au +61-439-408-484 Reshma Wad Jain Reshma@wer1.net +65-98-140-507 Safe Harbor

This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 6-K concerning the quarter ended June 30, 2008, furnished to the United States Securities and Exchange Commission on July 25, 2008, and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at http://www.sec.gov/.

Satyam Computer Services Limited

CONTACT: India: Deepa Jayaraman, +91-981-980-8681,
deepa.jayaraman@ipan.com, or Ajit Henry, +91-982-081-4870,
ajit.henry@ipan.com; or US: James Swords, +1-703-877-2225,
James_Swords@Satyam.com; Europe: Sandeep Thawani, +44-783-010-3838,
Sandeep_Thawani@Satyam.com; Asia-Pacific: Dan Bleakman, +61-439-408-484,
Dan@howorth.com.au, or Reshma Wad Jain, +65-98-140-507, Reshma@wer1.net, all
of Satyam Computer Services Ltd.

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

Phonetime to host second quarter conference call Tuesday, August 12, 2008 at 11:00 A.M. (ET)

MISSISSAUGA, ON, Aug. 8 /PRNewswire-FirstCall/ -- Phonetime Inc. (TSX: PHD), one of the world's fastest growing providers of international long-distance telecommunication services, announced today that it will host a conference call on Tuesday, August 12 at 11:00 a.m. (ET) to discuss its second quarter 2008 financial results. Phonetime will report its second quarter 2008 financial results via news release on Monday, August 11 following the close of markets.

To access the conference call by telephone, dial 416-915-5648 or 1-800-814-4853. Please connect approximately 15 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay until Tuesday, August 19, 2008 at midnight. To access the archived conference call, dial 416-640-1917 or 1-877-289-8525 and enter the reservation number 21280214 followed by the number sign.

A live audio webcast of the conference call will be available at http://www.phonetime.com/. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived at the above web site for 30Ã‚Â days.

About Phonetime Inc.

Established in 1994, Phonetime is a leading supplier of international wholesale long distance telecommunications services to carriers of all sizes around the globe. Phonetime also competitively markets a range of pre-paid and subscription-based long distance products and services to individual consumers and businesses across Canada. Phonetime has operations on six continents, including facilities in Canada, Europe, Africa and South East Asia. In Canada, Phonetime operates one of the country's largest private networks with 40Ã‚Â Points-of-Presence available locally to 85% of the population. Phonetime is registered as a Class A International Carrier with the CRTC and whose stock is publicly traded on the Toronto Stock Exchange (TSX: PHD). More information may be found on the Company's website - http://www.phonetime.com/.

Caution Regarding Forward Looking Information:

This press release contains forward-looking statements within the meaning of securities laws, including the "safe harbour" provisions of the Ontario Securities Act and the United States Private Securities Litigation Reform Act of 1995. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "believe", "expect", "plan", "intend", "forecast", "target", "project", "may", "will", "should", "could", "estimate", "predict" or similar words suggesting future outcomes or language suggesting an outlook.

Forward-looking statements and information are based on current beliefs as well as assumptions made by and information currently available to Phonetime concerning anticipated financial performance, business prospects, strategies and regulatory developments. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to: incorrect assessments of value when making acquisitions; increases in debt service charges; fluctuations in foreign currency and exchange rates; inadequate insurance coverage; changes in tax laws; and Phonetime's ability to access external sources of debt and equity capital.

The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Furthermore, the forward-looking statements contained in this press release are made as of the date of this press release, and Phonetime does not undertake any obligation to up-date publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Phonetime Inc.

CONTACT: Wayne Silver, Phonetime, President & C.E.O., (905) 361-8304,
wayne@phonetime.com; Rodney Franklin, Phonetime, Chairman & CFO, (905)
361-8305, rodney@phonetime.com; Joe Racanelli, Equicom Group, (416) 815-0700,
jracanelli@equicomgroup.com

[video] Stocks Covered on This Week's Episode of WallSt.net's News Magazine: FLWS, ARBA, ACTU, INTC, ADSK, INIX, VSHD, AIRN, COOL

NEW YORK, Aug. 8 /PRNewswire-FirstCall/ -- WallSt.net's News Magazine is a half-hour television program that is scheduled to air on Sundays at 5:30 p.m. EDT (2:30 p.m. PDT) on the Fox Business Network.

The show features compelling interviews with public company CEOs, informative trading strategies from investment professionals, and the latest headlines from public companies from around the world.

Episodes of WallSt.net's News Magazine can also be viewed in their entirety on the Web at: http://tv.wallst.net/news-magazine/news-magazine.php.

The following companies will be featured on this Sunday's program: -- 1-800-Flowers.com, Inc. -- Ariba, Inc. -- Actuate Corp. -- Intel Corp. -- Autodesk, Inc. -- iFinix Corp. (Pink Sheets: INIX) -- Vidshadow, Inc. (Pink Sheets: VSHD) -- Airspan Networks, Inc. -- Majesco Entertainment Co. About WallStreet Direct, Inc.

WallStreet Direct, Inc. owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video programming. WallStreet Direct, Inc. has received three thousand one hundred fifty dollars and two million five hundred thousand restricted shares of INIX from Ifinix Corporation for media and advertising services. Financial Filings Corp., our sister company, and another wholly-owned subsidiary of Financial Media Group, Inc. has received two million restricted shares of INIX from iFinix Corp. for services provided under a separate contract. WallStreet Direct, Inc. has received nine thousand nine hundred ninety five dollars and one hundred forty seven thousand fifty two restricted shares of VSHD from Vidshadow, Inc. for media and advertising services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact: WallStreet Direct, Inc. 800-4-WALL-ST

WallStreet Direct, Inc.; 1-800-Flowers.com, Inc.; Ariba, Inc.; Actuate

CONTACT: WallStreet Direct, Inc., 1-800-4-WALL-ST

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

Ozzy Osbourne to Headline Virtual OZZfest Lineup in Guitar Hero(R) World TourOZZFest Artists Metallica, System of a Down and Black Label Society - Featuring Zakk Wylde's Likeness - Coming to Guitar Hero World Tour

SANTA MONICA, Calif., Aug. 8 /PRNewswire/ -- After performing in countless sold-out arenas and amphitheatres throughout the world, rock's defining frontman Ozzy Osbourne -- who has sold over 100 million records worldwide in his four decade career -- will be playing to a new audience this fall as he makes his videogame debut in Activision Publishing, Inc.'s Guitar Hero(R) World Tour.

Budding rockstars around the world will have the opportunity to live out their ultimate fantasy on the virtual OZZFest stage, playing as Ozzy, or alongside him, as he wails to iconic rock track "Crazy Train" and "Mr. Crowley," both from his quintuple platinum debut solo album Blizzard of Ozz. OZZFest, now it its 13th year, has also been created digitally as an in-game venue exclusively for Guitar Hero World Tour to host the heavy metal rock legend.

Joining Ozzy in Guitar Hero World Tour as a playable character is his lead axe-shredder and founder of Black Label Society, Zakk Wylde, performing their hit track "Stillborn."

In addition to Metallica releasing their highly anticipated Death Magnetic album in its entirety as downloadable content in both Guitar Hero(R) III: Legends of Rock and Guitar Hero World Tour, the 2008 OZZFest performers and GRAMMY(R) winning recording artists will be appearing for their on-disc encore with "Trapped Under Ice." Finally, taking the Guitar Hero(R) stage for the first time is fellow OZZFest artist, System of a Down with their 2006 GRAMMY(R) for Best Hard Rock Performance winning single "B.Y.O.B."

When the house lights go down this fall, a new generation of guitarists, drummers and fearless frontmen will come together and rock with Guitar Hero World Tour. The latest installment in the #1 best-selling video game franchise of 2007, Guitar Hero World Tour transforms music gaming by expanding Guitar Hero's signature guitar gameplay into a cooperative band experience that combines the most advanced wireless instruments with new revolutionary online* and offline gameplay modes including Band Career and 8-player "Battle of the Bands," which allows two full bands to compete head-to-head online for the first time ever. The game features a slick newly redesigned guitar controller, drum kit controller and a microphone, as well as an innovative Music Studio music creator that lets players compose, record, edit and share their own rock 'n' roll anthems. Music creators will also be able to share their recordings with their friends online through GHTunes(SM) where other gamers can download and play an endless supply of unique creations.

Guitar Hero World Tour is being developed by Neversoft Entertainment for the Xbox 360(R) video game and entertainment system from Microsoft and PLAYSTATION(R)3 computer entertainment system. The Wii(TM) version is being developed by Vicarious Visions. The PlayStation(R)2 computer entertainment system version is being developed by Budcat. The game is rated "T" for Teen by the ESRB. For more information on Guitar Hero World Tour, please visit http://www.guitarhero.com/

About Activision Publishing, Inc.

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

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

Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook", "will," "could," "would," "might," "remains," "to be," "plans," "believes", "may", "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to help identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales of Activision Publishing's titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation against Activision Publishing, maintenance of relationships with key personnel, customers, vendors and third-party developers, domestic and international economic, financial and political conditions and policies, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Blizzard's success in integrating the operations of Activision Publishing and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated. Other such factors include additional risk factors identified in Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

* Online gameplay is only available for the Xbox 360(R) video game and entertainment system from Microsoft, PLAYSTATION(R)3 computer entertainment system and Wii(TM) and may require an additional subscription.

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

Activision Publishing, Inc.

CONTACT: Jordan Dodge of RedOctane, +1-650-930-1258,
jdodge@redoctane.com, for Activision Publishing, Inc.

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

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

SRS Labs to Present at Canaccord Adams 28th Global Growth Conference

SANTA ANA, Calif., Aug. 8 /PRNewswire-FirstCall/ -- SRS Labs, Inc. , the industry leader in surround sound, audio and voice technologies, has been invited to present at the 28th Annual Canaccord Adams Global Growth Conference to be held at the InterContinental Hotel in Boston, Mass., August 12-14, 2008.

Alan Kraemer, SRS Labs CTO and executive vice president, is scheduled to present on Tuesday, August 12 at 5:00 p.m. Kraemer will address the latest trends in the industry for sound, audio and voice technology, and provide an update for the company. He will also discuss how a major new investment in expanding SRS brand recognition and technology adoption resulted in signing nine new major customers in the second quarter of 2008, including VIZIO, iSkin, Sling Media, and Harman Consumer Group.

Now in its 28th year, the Canaccord Adams Global Growth Conference is one of the oldest and largest programs showcasing both publicly traded and privately held growth companies. The conference will introduce 250 of the world's most innovative small to mid-cap companies to the world's leading institutional investors. For three highly-productive days, the best of the growth universe will gather to share knowledge, discuss emerging trends, build relationships, identify opportunities and ignite global ideas for growth. To learn more about the conference, contact Nadine Miller at (617) 371-3842 or nadine.miller@canaccordadams.com.

About Canaccord Adams

Canaccord Adams is a leading independent financial services firm committed to fostering the entrepreneurial economy by bringing corporate and institutional clients a unique perspective on global investment opportunities. With operations in research, sales and trading, and investment banking, Canaccord Adams' 225 professionals seek out emerging opportunities in our key sectors -- Mining and Metals, Energy, Technology, Life Sciences, Real Estate, and Industrial Growth. Located in ten offices internationally, its experienced team generates focused, actionable ideas that identify opportunity and facilitate growth. Canaccord Adams, the international capital markets division of Canaccord Capital Inc., has operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco, Houston and Chicago. More information is available at http://www.canaccordadams.com/.

About SRS Labs, Inc.

Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics. Beginning with the audio technologies originally developed at Hughes Aircraft, SRS Labs holds over 150 worldwide patents and is recognized by the industry as the foremost authority in research and application of human auditory principals. Through partnerships with leading global CE companies, semiconductor manufacturers and software partners, SRS audio, surround sound and voice processing technologies have been included in over one billion electronic products sold worldwide including HDTVs, mobile phones, portable media devices, PCs and automotive entertainment. In fact, SRS Labs is the de-facto standard of HDTV audio processing with nine of the top ten name brand flat panel TVs featuring SRS technology. Additionally, SRS Labs surround sound solutions provide the professional broadcast and recording industries with high-performance production, back-haul, storage, and transmission capability. SRS Labs supports manufacturers worldwide with offices in the US, China, Europe, Japan, Korea and Taiwan. For more information, visit http://www.srslabs.com/.

Company Contacts: Ulrich Gottschling Chief Financial Officer SRS Labs, Inc. Tel 949-442-5596 ir@srslabs.com Matt Glover Investor Relations Liolios Group Tel 949-574-3860 info@liolios.com

SRS Labs, Inc.

CONTACT: Ulrich Gottschling, Chief Financial Officer of SRS Labs, Inc.,
+1-949-442-5596, ir@srslabs.com; or Investor Relations, Matt Glover of Liolios
Group, +1-949-574-3860, info@liolios.com, for SRS Labs, Inc.

Web site: http://www.srslabs.com/
http://www.canaccordadams.com/

Siemens PLM Software-Sponsored Roush Fenway Racing Driver Carl Edwards Wins Fourth 2008 NASCAR Sprint Cup Series RaceEdwards Jumps to Third Place in the NASCAR Sprint Cup Series Point Standings

PLANO, Texas, Aug. 8 /PRNewswire/ -- Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, announced that Carl Edwards, driver of Siemens PLM Software-sponsored Roush Fenway Racing -- whose cars are developed with the help of Siemens PLM Software technology -- won his fourth 2008 NASCAR Sprint Cup Series Race on Sunday.

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

Edwards' win at the Sunoco Red Cross Pennsylvania 500 at Pocono Raceway put him in third place in the NASCAR Sprint Cup Series point standings. Edwards previously won the Samsung 500 at Texas Motor Speedway and back-to- back Auto Club 500 and UAW-Dodge 400 races at California Speedway and Las Vegas Motor Speedway, respectively.

"Siemens PLM Software congratulates Carl Edwards and Roush Fenway Racing on the win and their continued success this season," said Dave Shirk, executive vice president of Global Marketing for Siemens PLM Software. "Siemens PLM Software is proud of our relationship with the racing teams and is pleased to know that our seamless, open solutions help the teams to put the best cars out on the race track to finish in the winners circle."

A Tradition of Technology and Tracks

Siemens PLM Software has a long tradition of providing NX(TM) software, Siemens' comprehensive digital product development solution, and Teamcenter(R) software, Siemens' digital lifecycle management solution and the world's most widely used PLM portfolio, through racing sponsorships. Hendrick Motorsports, winner of the 1995, 1996, 1997, 1998, 2001, 2006 and 2007 NASCAR Sprint Cup Championship; Joe Gibbs Racing, winner of the 2000, 2002 and 2005 NASCAR Sprint Cup Championship; Roush Fenway Racing, winner of the 2003 and 2004 NASCAR Sprint Cup Championship; and Andretti Green Racing, winner of the 2004, 2005 and 2007 Indy Racing League(R) (IRL) IndyCar(R) Series Championship; have been using Siemens PLM Software for many years to help develop their cars and improve their performance on the race track. KB Racing, winner of the 2003, 2004, 2005 and 2006 National Hot Rod Association(R)(NHRA(R)) Pro Stock Championship, began using Siemens PLM Software technology in 2005, and the Renault(R) F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using Tecnomatix(R) software, Siemens PLM Software's best-in-class digital manufacturing solution.

About Roush Fenway Racing

Roush Fenway Racing operates 13 full-time motorsports teams, five in NASCAR Sprint Cup with drivers Matt Kenseth, Jamie McMurray, Greg Biffle, Carl Edwards and David Ragan; four in the Nationwide Series with Kenseth, Biffle, Edwards, McMurray, Ragan, Erik Darnell and Colin Braun; three in the Craftsman Truck Series with Darnell, Braun, Kvapil, Bobby East and John Wes Townley; and one in the ARCA RE/MAX Series with Ricky Stenhouse, Jr.

About Siemens PLM Software

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

About the Siemens Industry Automation Division

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

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. NX, Teamcenter and Tecnomatix are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. Indy Racing League, IRL and IndyCar are trademarks or registered marks of Brickyard Trademarks Inc. or its subsidiaries in the United States and in other countries. NASCAR is a trademark or registered mark of National Association for Stock Car Auto Racing, Inc. or its subsidiaries in the United States and in other countries. Renault is a trademark or registered trademark of RENAULT s.a.s. or its subsidiaries in the United States and in other countries. National Hot Rod Association and NHRA are trademarks or registered trademarks of National Hot Rod Association or its subsidiaries in the United States and in other countries. Craftsman is a trademark or registered trademark of Sears Brands, LLC. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

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

CONTACT: Salim Rahimi, Siemens, +1-972-987-3206,
salim.rahimi@siemens.com

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

Paragon Technologies Announces Conference Call Webcast of 2008 Second Quarter and Six Months Results

EASTON, Pa., Aug. 8 /PRNewswire-FirstCall/ -- Paragon Technologies, Inc. , a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, will hold its quarterly conference call to discuss 2008 second quarter and six months results on Tuesday, August 12, 2008 at 11:00 a.m. Eastern Time.

This call is being webcast by Thomson/CCBN and can be accessed at Paragon's website at http://www.ptgamex.com/ , or call into 1-866-752-7147, Conference ID: Paragon.

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/ , Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (http://www.streetevents.com/).

About Paragon Technologies

Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Maybelline.

Media Contact: Len Yurkovic, Acting CEO 610-252-3205 610-252-3102 (Fax) http://www.ptgamex.com/

Paragon Technologies, Inc.

CONTACT: Len Yurkovic, Acting CEO of Paragon Technologies, Inc.,
+1-610-252-3205, +1-610-252-3102, Fax

Web site: http://www.ptgamex.com/
http://www.fulldisclosure.com/
http://www.streetevents.com/

ProLink Holdings Corp. to Announce 2008 Second Quarter Financial Results on Thursday, August 14thCompany to Hold Conference Call at 4:30 p.m. Eastern Time that day

CHANDLER, Ariz., Aug. 8 /PRNewswire-FirstCall/ -- ProLink Holdings Corp. (BULLETIN BOARD: PLKH) , the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and digital out-of-home on-course advertising, announced today that it will report second quarter results for the period ended June 30, 2008 on Thursday, August 14, 2008 after the market closes. The Company will host a conference call later that day.

The conference call will take place at 4:30 p.m. eastern time that day. Interested participants may dial (800) 289-0496 or (913) 312-0417. Please use passcode 7594724. The call will also be webcast and may be accessed at http://www.goprolink.com/investors.

A telephonic replay will also be available for 30 days by dialing (888) 203-1112 or (719) 457-0820. Please use passcode 7594724.

About ProLink Solutions

ProLink Solutions is the world's leading provider of GPS golf course management systems and revenue-generating on-course advertising. ProLink Solutions' core philosophy is to be a "Trusted Partner" to its golf-course customers. From enhancing golfers' overall experience and improving pace-of- play, to increasing current revenue streams and creating new profit centers for golf courses, ProLink Solutions' products and services have captured markets both nationally and globally. For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2325 or email info@goprolink.com.

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

ProLink Holdings Corp.

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

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

Magna annonce ses résultats du second trimestre et annuels jusqu'à ce jour

AURORA, Ontario, August 8 /PRNewswire/ -- Magna International Inc. (TSX: MG.A ; NYSE: MGA) a annoncé aujourd'hui ses résultats financiers pour le second trimestre et le semestre clos le 30 juin 2008.

------------------------------------------------------------------------ TRIMESTRE CLOS LE SEMESTRE CLOS LE 30 JUIN, 30 JUIN, ---------------------- -------------------- 2008 2007 2008 2007 ---- ---- ---- ---- Ventes 6 713 USD 6 731 USD 13 335 USD 13 154 USD Bénéfice d'exploitation 319 USD 377 USD 605 USD 682 USD Revenu net 227 USD 262 USD 434 USD 480 USD Résultat dilué par action 1,98 USD 2,35 USD 3,75 USD 4,32 USD -------------------------------------------------------------- ---------- Tous les résultats sont exprimés en millions de dollars américains, à l'exception des chiffres par action, lesquels sont exprimés en dollars américains. ------------------------------------------------------------------------

POUR LE TRIMESTRE CLOS LE 30 JUIN 2008

--------------------------------

Nous avons enregistré un chiffre d'affaires de 6,7 milliards USD pour le second trimestre se terminant le 30 juin 2008, pour l'essentiel inchangé par rapport au second trimestre 2007. Les augmentations des ventes de production en Europe et dans le reste du monde ont été compensées par des réductions des ventes de production, des ventes de véhicules complets, d'outillage, d'ingénierie et d'autres ventes en Amérique du Nord.

Au cours du second trimestre 2008, notre contenu moyen en dollar par véhicule a augmenté respectivement de 2 % et de 23 % en Amérique du Nord et en Europe par rapport au second trimestre 2007. De plus, au cours du deuxième trimestre de 2008, la production de véhicules en Amérique du Nord a baissé de 14 % alors que la production européenne est restée essentiellement inchangée, comparativement au deuxième trimestre de 2007.

Les ventes de véhicules complets ont diminué de 1 % à 1,054 milliards USD au cours du second trimestre 2008, comparées aux 1,064 milliards USD du second trimestre 2007, alors que les volumes de véhicules complets ont diminué de 28 %, à 39 726 unités, comparées au second trimestre 2007.

Au cours du second trimestre 2008, le bénéfice d'exploitation a atteint 319 millions USD, le revenu net, 227 millions USD et le résultat dilué par action, 1,98 USD. Le bénéfice d'exploitation a diminué de 58 millions USD, le revenu net, de 35 millions USD et le résultat dilué par action, de 0,37 USD, chacun comparé au second trimestre 2007.

Au cours des trois mois se terminant le 30 juin 2008, nous avons généré des liquidités à partir des activités avant transformation en actifs d'exploitation et engagements hors liquidité de 483 millions USD et investi 279 millions USD en actifs d'exploitation et engagements hors liquidité. Les activités totales d'investissement pour le second trimestre 2008 ont atteint 366 millions USD, dont 187 millions USD en ajouts d'immobilisations, 97 millions USD pour l'achat de filiales et une augmentation de 82 millions USD en investissements et autres actifs.

Au cours du second trimestre se terminant le 30 juin 2008, nous avons acheté à des fins d'annulation 1,9 million d'actions de classe A à droit de vote subalterne pour 134 millions USD, conformément aux termes de notre programme d'offre publique de rachat à cours normal.

POUR LE SEMESTRE CLOS LE 30 JUIN 2008

------------------------------

Nous avons fait état de 13,3 milliards USD pour les six mois se terminant le 30 juin 2008, en augmentation de 1 % par rapport six mois se terminant le 30 juin 2007. Les augmentations des ventes de production en Europe et dans le reste du monde ont été partiellement compensées par des réductions des ventes de production, des ventes de véhicules complets, d'outillage, d'ingénierie et d'autres ventes en Amérique du Nord.

Au cours des six mois se terminant le 30 juin 2008, le contenu moyen en dollars par véhicule a augmenté respectivement de 4 % et de 22 % en Amérique du Nord et en Europe sur la période comparable de six mois en 2007. Au cours des six mois se terminant le 30 juin 2008, la production de véhicules en Amérique du Nord et en Europe a décliné respectivement de 12 % et 1 %, sur la période comparable de six mois en 2007.

Les ventes de véhicules complets ont diminué de 1 % à 2,140 milliards USD pour les six mois se terminant le 30 juin 2008, comparées aux 2,168 milliards USD pour les six mois se terminant le 30 juin 2007, alors que les volumes de véhicules complets ont décliné de 28 %, à 83 272 unités, comparées aux six premiers mois de 2007.

Au cours des six derniers mois se terminant le 30 juin 2008, le bénéfice d'exploitation a atteint 605 millions USD, le revenu net, 434 millions USD et le résultat dilué par action, 3.75 USD. Le bénéfice d'exploitation a diminué de 77 millions USD, le revenu net, de 46 millions USD et le résultat dilué par action, de 0,57 USD, chacun comparé aux six premiers mois de 2007.

Au cours des six mois se terminant le 30 juin 2008, nous avons généré des liquidités à partir des activités avant transformation en actifs d'exploitation et engagements hors liquidité de 925 millions USD et investi 497 millions USD en actifs d'exploitation et engagements hors liquidité. Les activités totales d'investissement pour les six premiers mois de 2008 ont atteint 534 millions USD, dont 315 millions USD en ajouts d'immobilisations, 105 millions USD pour l'achat de filiales et une augmentation de 114 millions USD en investissements et autres actifs.

Au cours des six premiers mois de 2008, nous avons acheté à des fins d'annulation 3,5 million d'actions de classe A à droit de vote subalterne pour 247 millions USD, conformément aux termes de notre programme d'offre publique de rachat à cours normal.

Une discussion plus détaillée de nos résultats financiers consolidés pour le second trimestre et les six mois se terminant le 30 juin 2008 se trouve dans la discussion et l'analyse des résultats des activités et de la situation financière de la direction, et dans le rapport périodique non audité des états financiers consolidés ainsi que dans les notes s'y rapportant, lesquels sont joints à ce communiqué de presse.

DIVIDENDES

---------

Aujourd'hui, notre conseil d'administration a déclaré un dividende trimestriel conformément à nos actions de classe A à droit de vote subalterne et de classe B pour le trimestre se terminant le 30 juin 2008. Le dividende de 0,36 USD par action pour les Ã‰tats-Unis est payable à compter du 15 septembre 2008 aux actionnaires enregistrés au 29 aoÃ»t 2008.

PERSPECTIVES POUR 2008

------------

Nous avons considérablement revu à la baisse nos attentes concernant les volumes de production de véhicules légers en Amérique du Nord. Pour la totalité de l'année 2008, nous prévoyons désormais des volumes de production de véhicules légers d'environ 13,2 millions d'unités en Amérique du Nord et d'environ 15,6 millions d'unités en Europe. Par conséquent, nous nous attendons à des ventes consolidées comprises entre 24,3 milliards USD et 25,6 milliards USD pour l'ensemble de l'année 2008. Pour la totalité de l'année 2008, le contenu moyen en dollar par véhicule devrait se situer entre 850 USD et 880 USD en Amérique du Nord et entre 485 USD et 510 USD en Europe. Nous prévoyons, pour la totalité de l'année 2008, des ventes de véhicules complets comprises entre 3,5 milliards USD et 3,8 milliards USD.

De plus, nous prévoyons que les dépenses sur l'ensemble de l'année 2008 concernant les immobilisations seront comprises dans une plage entre 850 millions USD et 900 millions USD.

Dans nos perspectives pour 2008, nous n'avions pas prévu d'acquisition, de cession, ou d'interruption significative du travail sur nos principaux marchés. En outre, nous avons présumé que les taux de change des devises les plus courantes dans lesquelles nous exerçons notre activité par rapport à notre monnaie de présentation en dollars américains seront proches des taux actuels.

Nous sommes le fournisseur automobile international le plus diversifié. Nous concevons, développons et fabriquons des systèmes, des ensembles, des modules et des composants automobiles technologiquement avancés et nous concevons et assemblons des véhicules complets, principalement pour la vente à des fabricants d'équipements d'origine (<< équipementiers >>) de voitures et de véhicules utilitaires légers. Le design, l'ingénierie, les tests et la fabrication de systèmes automobiles internes, de systèmes de siège, de fermeture, de carrosserie et de châssis, de vision, de systèmes électroniques et extérieurs, de systèmes de transmission, de toits ainsi que la conception et le montage de véhicules complets font partie de nos capacités.

Nous comptons environ 82 000 employés dans 241 centres de fabrication et 62 centres de développement et de conception de produits dans 23 pays.

------------------------------------------------------------------------

Nous tiendrons une conférence téléphonique pour les analystes et les actionnaires intéressés afin de discuter nos résultats du second trimestre, le mercredi 6 aoÃ»t 2008, à 17 h 00 HAE. La conférence téléphonique sera présidée par Vincent J. Galifi, vice-président directeur et directeur financier. Le numéro à utiliser pour cette conférence téléphonique est le +1-800-734-8592. Le numéro d'appel depuis l'étranger est le +1-212-231-2900. Veuillez appeler 10 minutes avant le début de la conférence. Nous diffuserons aussi sur le Web la conférence téléphonique sur http://www.magna.com. Le diaporama de présentation accompagnant la conférence téléphonique sera disponible sur notre site Web mercredi après-midi avant la conférence. Pour de plus amples informations, veuillez contacter Louis Tonelli, vice-président pour les relations avec les investisseurs au +1-905-726-7035.

Pour toute question concernant la téléconférence, veuillez contacter Karin

Kaminski au +1-905-726-7103

------------------------------------------------------------------------

Ã‰NONCÃ‰S PROSPECTIFS

--------------------------

La discussion précédente peut contenir des énoncés qui, dans la mesure oÃ¹ ils ne représentent pas l'énumération de faits historiques, constituent des << énoncés prospectifs >> au sens des lois applicables sur les valeurs immobilières. Les énoncés prospectifs peuvent comprendre des prévisions financières et autres, ainsi que des énoncés concernant nos projets, nos objectifs ou notre rendement économiques futurs ou des hypothèese sous-jacentes concernant ce qui précède. Afin d'identifier des énoncés prospectifs, nous utilisons des mots tels que << pouvoir >>, << devoir >>, << pouvoir >>, << sera >>, << probable >>, << s'attendre à >>, << anticiper >>, << croire >>, << avoir l'intention >>, << projeter >>, << estimer >>, << prévoir >>, << estimer >> et des expressions similaires. De tels énoncés prospectifs sont basés sur des suppositions et sur des analyses que nous avons effectuées à la lumière de notre expérience et de notre perception des tendances historiques, des conditions actuelles et des développements futurs prévus ainsi que d'autres facteurs que nous estimons pertinents dans ces circonstances. Cependant, le fait que les résultats et le développement soient conformes à nos attentes et à nos prédictions est sujet à de nombreux risques, hypothèses et incertitudes. Ces risques, suppositions et incertitudes comprennent, mais sans s'y limiter : les parts de marché variables des équipementiers, le déclin des volumes de production et des modifications de la demande des consommateurs en véhicules, une réduction des volumes de production de certains véhicules, tels que certains camions légers, notre capacité à rivaliser avec des fournisseurs ayant des activités dans des pays à faible coÃ»t, notre capacité à compenser des concessions de prix demandées par nos clients, notre dépendance vis-à-vis de l'externalisation de nos clients, notre capacité à compenser les augmentations de coÃ»t des marchandises, tels que l'acier et les résines ainsi que les prix de l'énergie, les fluctuations par rapport aux valeurs des devises, des modifications de composition de nos revenus entre des juridictions ayant des taux d'imposition inférieurs et celles ayant des taux d'imposition supérieurs ainsi que notre capacité à bénéficier pleinement de perte fiscale, d'autres expositions fiscales potentielles, des difficultés financières de certains de nos fournisseurs et clients, l'incapacité de nos clients à faire face à leurs obligations financières vis-à-vis de nous, la résiliation ou le non renouvellement par nos clients de tout contrat matériel, notre capacité à recouvrir pleinement les dépenses de préproduction, les coÃ»ts de garantie et de rappel, les poursuites en responsabilité civile concernant les produits dépassant notre couverture d'assurance, les dépenses liées à la restructuration et à la rationalisation de certaines de nos activités, les frais de dégradation, notre capacité à parvenir à identifier, à effectuer et à intégrer des acquisitions, les risques associés au lancement de programmes, les poursuites judiciaires intentées contre nous, les risques liés à des activités commerciales dans des pays étrangers, parmi lesquels la Russie, les arrÃªts de travail et les conflits concernant les relations de travail, les modifications de lois et de réglementation gouvernementale, les coÃ»ts associés à la mise en conformité avec les lois et règlements environnementaux, le fait que nous puissions Ãªtre contrôlé de manière effective et indirecte par le Stronach Trust et OJSC Russian Machines (<< Russian Machines >>) pour autant que les arrangements de gouvernance demeurent en place entre eux, les conflits d'intérÃªts potentiels impliquant Stronach Trust et Russian Machines, le risque que les profits, les perspectives de croissance et les objectifs stratégiques attendus des investissements effectués par, et de l'alliance stratégique avec, Russian Machines ne soient pas pleinement réalisés, que leur réalisation prenne plus de temps que prévu ou qu'elle n'ait pas du tout lieu, la possibilité que les accords de gouvernance entre Stronach Trust et Russian Machines soient résiliés dans certaines circonstances, et d'autres facteurs définis dans notre formulaire d'informations annuel déposé auprès de la Commission des valeurs mobilières du Canada et dans notre rapport annuel sur formulaire 40-F déposé auprès de la Securities and Exchange Commission des Ã‰tats-Unis et dans d'autres dossiers. Lors de l'évaluation d'énoncés prospectifs, les lecteurs doivent essentiellement tenir compte des divers facteurs qui pourraient Ãªtre à l'origine d'une différence matérielle entre les événements ou les résultats réels et ceux spécifiés par lesdits énoncés prospectifs. Sauf si exigé par les lois applicables sur les actifs, nous n'avons pas l'intention et n'assumons aucune obligation quant à la mise à jour ou à la révision des énoncés prospectifs afin de refléter des informations, des événements, des résultats, des circonstances ultérieurs ou autres.

------------------------------------------------------------------------

Pour de plus amples informations à propos de Magna, veuillez consulter notre site Web à l'adresse www.magna.com. Des exemplaires des données financières et d'autres documents rendus publics sont disponibles sur Internet auprès du Système électronique de données, d'analyse et de recherche (SEDAR) des Autorités canadiennes en valeurs mobilières à l'adresse www.sedar.com et auprès de l'Electronic Data Gathering, Analysis and Retrieval System (EDGAR) de la Securities and Exchange Commission des Ã‰tats-Unis à l'adresse http://www.sec.gov.

------------------------------------------------------------------------

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

Pour de plus amples informations : Louis Tonelli, vice-président pour les relations avec les investisseurs au +1-905-726-7035 ; pour les questions de téléconférence, veuillez contacter Karin Kaminski au +1-905-726-7103

Magna International Inc.

page 1 page 2 page 3

News archive of November 2009
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

News Archives of August 2008
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Datasheet begin: 0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Distributors inventory: 0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z