On2 Technologies Announces Financial Results for Second Quarter of 2008Revenue of $3.3 million in the second quarter of 2008 increased 38% year-over-year

TARRYTOWN, N.Y., Aug. 14 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. , a leader in video compression solutions, today announced financial results for the second quarter of 2008. Revenue in the second quarter of 2008 was $3.3 million, an increase of 38% from the second quarter of 2007. On a GAAP basis, net loss was ($7.2) million, or ($0.04) per share, compared to a net loss of ($3.0) million, or ($0.03) per share, in the second quarter of 2007. In the second quarter, On2 incurred $1.8 million in non-recurring legal, audit and consultancy expenses related to an internal investigation and the subsequent restatement of the Company's previously issued financial statements for the first and second quarters of 2007.

Matt Frost, Chief Operating Officer and interim Chief Executive Officer of On2 Technologies said, "While it is not fully reflected in our quarterly financials, On2 made important progress in the second quarter. We have had very positive reception to the unique capabilities offered by the combination of Hantro's and On2's technologies, and our involvement in exploratory and commercial discussions on innovative applications going forward is broader than ever. However, with the extended sales lead times these kinds of developments involve, we continue to see lumpy revenue in the short-term, as the timing of large deals impacts our quarterly revenue. Our sales pipeline nevertheless remains at a healthy level. Furthermore, we are pleased to see that royalty income has remained a significant revenue contributor."

Frost continued, "With our planned cost containment initiatives, we anticipate a more streamlined expense structure going forward that will nevertheless allow us to continue investing in future growth. We anticipate that those initiatives should result in approximately $1.2 million in quarterly savings off of our budgeted expenses -- and a significantly higher amount off of our recent expenses -- once they have fully taken effect. This expense management combined with our strong sales pipeline will help position On2 to progress toward profitability."

Recent Business Highlights

-- Royalties represented 21% of revenue in Q2, compared with 16% in the second quarter of 2007 and 21% of revenue in the first quarter of 2008.

-- In the second quarter of 2008, On2 had over 60 new customers, excluding online sales, and recognized revenues from 9 significant transactions sized at over $50,000 each.

-- On2 announced an agreement with CCTV.com, the official internet and mobile phone broadcaster in China of the 2008 Beijing Olympic Games. CCTV.com will use On2's Flix Engine to encode video-on-demand to China's internet users while reducing bandwidth requirements for CCTV.com by up to 40% from prior solutions.

Conference Call

Management will hold a conference call to discuss its results for the second quarter of 2008 at 5:00pm ET on August 14, 2008.

To access the live webcast, visit http://www.on2.com/index.php?480. The webcast replay will be available until August 14, 2009. If you prefer to dial-in to the call, the information is as follows: Live Call: (877) 407-9210, domestic (201) 689-8049, international Replay: (877) 660-6853 (201) 612-7415 Replay Passcodes: Account #: 286 Conference ID #: 292793 About On2

On2 creates advanced video compression technologies for desktop and wireless environments. Powering the video in many of today's leading web and mobile applications and devices, On2's technology is used by customers including: Nokia, Infineon, MediaTek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit http://www.on2.com/.

All trademarks mentioned in this document are the property of their respective owners.

Forward-Looking and Cautionary Statements

Except for the historical information and discussions contained herein, statements contained in this release may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. These forward-looking statements that could cause actual results to differ materially, include, among others, longer than expected delays in On2's completion of its financial statements and Annual Report on Form 10-K, which could result in longer than expected delays in the filing of the Company's Annual Report on Form 10-K, changes in On2's results of operations which could result in changes to Safeguard's consolidated results of operations for 2007 as compared to 2006, and certain other factors described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.

On2 Technologies, Inc. Condensed Consolidated Balance Sheets ASSETS June 30, 2008 December 31, 2007 (unaudited) Current assets: Cash and cash equivalents $7,998,000 $9,573,000 Short-term investments 131,000 5,521,000 Accounts receivable 4,079,000 7,513,000 Prepaid expenses and other current assets 1,502,000 1,492,000 Total current assets 13,710,000 24,099,000 Property and equipment, net 1,176,000 751,000 Acquired software, net 9,847,000 10,333,000 Other acquired intangibles, net 7,249,000 7,144,000 Goodwill 39,695,000 37,023,000 Other assets 170,000 175,000 Total assets $71,847,000 $79,525,000 LIABILITIES AND STOCKHOLDERS EQUITY Current liabilities: Accounts payable $1,552,000 $1,433,000 Accrued expenses 4,420,000 4,820,000 Deferred revenue 3,723,000 1,887,000 Short-term borrowings - 2,198,000 Current portion of long-term debt 526,000 491,000 Capital lease obligation 182,000 24,000 Total current liabilities 10,403,000 10,853,000 Long-term debt 3,171,000 3,082,000 Capital lease obligation, excluding current portion 225,000 18,000 Total liabilities 13,799,000 13,953,000 Commitments and contingencies Stockholders' equity 58,048,000 65,572,000 Total liabilities and stockholders' equity $71,847,000 $79,525,000 On2 Technologies, Inc. Unaudited Condensed Consolidated Statements of Operations Three months ended June 30, Six months ended June 30, 2008 2007 2008 2007 Revenue $3,265,000 $2,369,000 $7,717,000 $5,184,000 Operating expenses: Cost of revenue(1) 1,194,000 389,000 2,624,000 812,000 Research and development(2) 3,009,000 562,000 5,817,000 1,055,000 Sales and marketing(2) 1,875,000 614,000 3,764,000 1,210,000 General and administrative(2) 3,926,000 983,000 6,694,000 1,946,000 Equity-based compensation: Research and development 105,000 19,000 224,000 20,000 Sales and marketing 74,000 27,000 112,000 54,000 General and administrative 258,000 108,000 471,000 228,000 Total operating expenses 10,441,000 2,702,000 19,706,000 5,325,000 Loss from operations (7,176,000) (333,000) (11,989,000) (141,000) Other income (expense), net 1,000 (2,672,000) 75,000 (3,585,000) Net loss (7,175,000) (3,005,000) (11,914,000) (3,726,000) Convertible preferred stock 8% dividend (18,000) - (71,000) Net loss attributable to common shareholders $(7,175,000) $(3,023,000) $(11,914,000) $(3,797,000) Basic and diluted net loss attributable to common shareholders per common share $(0.04) $(0.03) $(0.07) $(0.04) Weighted average basic and diluted common shares outstanding: 170,971,000 111,752,000 170,729,000 107,698,000 (1) Includes equity-based compensation of $79,000 and $162,000 for the three and six months ended June 30, 2008 Includes equity-based compensation of $14,000 and $15,000 for the three and six months ended June 30, 2007 (2) Excludes equity-based compensation, which is presented separately

On2 Technologies, Inc.

CONTACT: Garo Toomajanian of ICR, Inc., invest@on2.com, +1-518-881-4299

Web site: http://www.on2.com/
http://www.on2.com/index.php?480

TRX Reports Second Quarter 2008 Results

ATLANTA, Aug. 14 /PRNewswire-FirstCall/ -- TRX, Inc. , a global technology company that develops and hosts software applications to process data records and automate manual processes, today reported financial results for the quarter ended 30 June 2008.

Total revenues excluding client reimbursements for the second quarter of 2008 were $37.5 million compared with $24.5 million in the second quarter of 2007. Net income for the second quarter was $13.1 million compared with net loss of ($0.4) million in the second quarter of 2007. Net income per diluted share was $0.71 compared to net loss per diluted share of ($0.02) for the second quarter of 2007.

Revenues from transaction processing services for the second quarter of 2008 decreased to $16.5 million from $17.7 million in the second quarter of 2007. Revenues from data reporting services were $21.0 million, compared with $6.8 million in the prior year.

Adjusted revenues for the second quarter of 2008 were $27.6 million compared with $24.5 million in the second quarter of 2007. Adjusted revenues from data reporting services were $11.0 million, compared with $6.8 million in the second quarter of 2007. Adjusted revenues exclude $10.0 million of recurring data reporting services provided to Citibank which were required to be deferred under US GAAP until the Company's sale of a non-exclusive DATATRAX license. The license sale occurred on April 30, 2008. Adjusted EBITDA was $6.0 million for the quarter, compared with $2.7 million in the second quarter of 2007.

"Our business is delivering as expected thus far in 2008," said TRX President & CEO Trip Davis. "Our team did a great job assisting Citibank in migrating their platform this quarter, delivering $4.5 million for our stakeholders. The Citibank relationship continues to be an important one for us, and this new phase is off to a good start. Organic volumes in transaction processing are moderating in this tough economic environment, as we expected, and we continue to project that data reporting and new client additions will largely offset those challenges this year."

Based upon its expectations, TRX reiterated its guidance for fiscal 2008, inclusive of the $4.5 million DATATRAX license sale referred to above:

-- Adjusted revenues of $92 to $95 million, of which $20 to $23 million is from data reporting. -- Adjusted EBITDA of $8 to $10 million. -- Capital expenditures of $7 to $8 million. Use of Non-GAAP Financial Measures

TRX provides financial measures and terms not calculated in accordance with accounting principles generally accepted in the United States (GAAP). Presentation of non-GAAP measures such as Adjusted Revenue, Adjusted Data Reporting Revenue, EBITDA and Adjusted EBITDA provide investors with an alternative method for assessing our operating results in a manner that enables investors to more thoroughly evaluate our performance. These non-GAAP measures provide a baseline for assessing the company's future earnings expectations. TRX management uses these non-GAAP measures for the same purpose. The non-GAAP measures included in this release are provided to give investors access to the types of measures that we use in analyzing our results.

Adjusted Revenue and Adjusted Data Reporting Revenue consist of GAAP transaction and other revenues, adjusted for the revenue earned from Citibank for providing routine services, which was required under US GAAP to be deferred until the sale of a software license to Citibank was complete, which occurred on April 30, 2008. The deferral of revenue recognition was required in the absence of vendor-specific objective evidence of the fair value of the license. Management uses Adjusted Revenue and Adjusted Data Reporting Revenue as additional measures for evaluating the performance of the business, because the pricing for and level of routine services currently being provided to Citibank are equivalent to those provided to Citibank before the arrangement to sell a license was consummated in July 2007.

EBITDA consists of GAAP net income (loss) adjusted for the items included in the accompanying reconciliation. EBITDA provides useful information to investors about the Company's performance because it eliminates the effects of period to period changes in the cost associated with capital investments and interest expense. Adjusted EBITDA consists of EBITDA adjusted for the items included in the accompanying reconciliation. EBITDA and Adjusted EBITDA do not give effect to the cash the Company must use to service its debt or pay its income taxes and thus do not reflect the funds generated from operations or actually available for capital expenditures.

TRX's calculation of Adjusted Revenue, Adjusted Data Reporting Revenue, EBITDA and Adjusted EBITDA is not necessarily comparable to similarly titled measures reported by other companies. These non-GAAP measures may be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP results. Schedules that reconcile Adjusted Revenue, EBITDA and Adjusted EBITDA to GAAP net income (loss) are included with this release.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may constitute "forward-looking" statements as defined in Section 27A of the Securities Act of 1933 (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), or in releases made by the Securities and Exchange Commission, all as may be amended from time to time. Statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of the PSLRA. Any such forward-looking statements reflect our beliefs and assumptions and are based on information currently available to us and are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to, the loss of key clients, volatility in the number of transactions we service, failure or interruptions of our software, hardware and other systems, industry declines, competitive pressures and other risks, including those discussed under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2007.

Forward-looking statements are predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. These cautionary statements are being made pursuant to the Securities Act, the Exchange Act and the PSLRA with the intention of obtaining the benefits of the "safe harbor" provisions of such laws. TRX, Inc. cautions investors that any forward-looking statements we make are not guarantees or indicative of future performance.

Conference Call Information

The Company will hold a Webcast of its conference call to discuss these results on Friday, August 15 at 9:00 a.m. Eastern Time from http://www.trx.com/. To register for the event, please go to the Investors tab in the Company section of the website at least fifteen minutes early to register, download, and install any necessary audio software. Dial-in information for the call is:

US Participants: (800) 753-9057 International Participants: (913) 312-1304

For those who cannot listen to the live broadcast, the TRX.com site will host an archived Webcast shortly after the conclusion of the call, which will remain available on the TRX Website at http://www.trx.com/ for 90 days.

About TRX

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

TRX, INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Three Months Six Months Ended June 30, Ended June 30, 2008 2007 2008 2007 REVENUES: Transaction processing $16,550 $17,729 $34,197 $36,258 Data reporting 20,994 6,758 25,222 13,482 Transaction and other revenues 37,544 24,487 59,419 49,740 Client reimbursements 147 113 274 735 Total revenues 37,691 24,600 59,693 50,475 EXPENSES: Operating 13,180 13,785 27,400 28,557 Selling, general and administrative 4,784 4,598 9,235 8,859 Technology development 3,724 3,602 7,594 6,623 Client reimbursements 147 113 274 735 Depreciation and amortization 2,636 2,832 5,305 5,620 Total expenses 24,471 24,930 49,808 50,394 OPERATING INCOME (LOSS) 13,220 (330) 9,885 81 INTEREST (EXPENSE) INCOME: Interest income 18 84 67 236 Interest expense (128) (159) (225) (299) Total interest (expense) income, net (110) (75) (158) (63) NET INCOME (LOSS) $13,110 $(405) $9,727 $18 Net Income (Loss) per Share Basic and diluted $0.71 $(0.02) $0.53 $0.00 Weighted Average Shares Outstanding Basic 18,340 18,273 18,330 18,244 Diluted 18,340 18,273 18,347 18,247 Other Data: Adjusted revenues $27,562 $24,487 $52,914 $49,740 Adjusted EBITDA $6,001 $2,736 $8,916 $6,154 Adjusted data reporting revenues $11,012 $6,758 $18,717 $13,482 Capital expenditures $2,322 $2,018 $4,487 $3,386 Transaction processing volumes 22,323 22,018 46,857 45,009 As of June 30, As of December 31, 2008 2007 Consolidated Balance Sheet Data: Cash and cash equivalents $11,645 $8,879 Total shareholders' equity 47,139 37,019 TRX, INC. AND SUBSIDIARIES UNAUDITED RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES (In thousands) Reconciliation of Transaction and Other Revenues to Adjusted Revenues and Net Income (Loss) to Adjusted EBITDA Three Months Six Months Ended June 30, Ended June 30, 2008 2007 2008 2007 Transaction and other revenues $37,544 $24,487 $59,419 $49,740 Deferred data reporting revenues (1) (9,982) - (6,505) - Adjusted revenues 27,562 24,487 52,914 49,740 Net income (loss) 13,110 (405) 9,727 18 Depreciation and amortization 2,636 2,832 5,305 5,620 Interest expense, net 110 75 158 63 EBITDA 15,856 2,502 15,190 5,701 Stock compensation expense 127 234 231 453 Deferred data reporting revenues (1) (9,982) - (6,505) - Adjusted EBITDA $6,001 $2,736 $8,916 $6,154 Reconciliation of Data Reporting Revenues to Adjusted Data Reporting Revenues Three Months Six Months Ended June 30, Ended June 30, 2008 2007 2008 2007 Data reporting revenues $20,994 $6,758 $25,222 $13,482 Deferred data reporting revenues (1) (9,982) - (6,505) - Adjusted data reporting revenues $11,012 $6,758 $18,717 $13,482 (1) Data reporting services provided to Citibank which were required to be deferred under US GAAP until the Company's sale of a non-exclusive DATATRAX license, which occurred on April 30, 2008.

TRX, Inc.

CONTACT: Investors, David Cathcart, Chief Financial Officer of TRX,
+1-404-929-6154, or Media, Kira Perdue, of Trevelino-Keller Communications
Group for TRX, +1-404-214-0722, extension 101

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

Integral Vision, Inc. Announces second Quarter 2008 ResultsNet Revenues and Gross Margins Improve Sequentially and Year-Over-Year

WIXOM, Mich., Aug. 14 /PRNewswire-FirstCall/ -- Integral Vision, Inc. (OTC Bulletin Board: INVI), a leading global supplier of automated display inspection technology, today announced financial results for the second quarter ending June 30, 2008.

Second Quarter 2008 Business Highlights -- Integral Vision's largest customer has completed test specifications for their new Taiwan plant. The Company has completed quotations based on these specifications, and orders are expected before the end of the third quarter. The planned production of MEMS displays in this facility is anticipated to be very significant for Integral Vision. The Company noted that shipments are expected to begin before the end of this year, and production is expected to continue increasing for several years. -- A major computer manufacturer has specified Integral Vision's SharpEye(TM) system to all of its LCD panel suppliers. A deadline has been given to these suppliers that requires installation of the Company's systems before the end of 2008. -- Integral Vision has shipped its first e-paper inspection system, and additional system orders from this customer are expected. In addition, the Company has had considerable interest from other e-paper manufacturers. Second Quarter 2008 Financial Highlights -- Net revenues for the second quarter of 2008 were $470,000. This represents an increase of $461,000 over first quarter 2008, and an increase of $376,000 over second quarter 2007. -- Second quarter gross margin of 53 percent substantially improved on both a sequential and year-over-year basis. -- The resulting second quarter loss of $649,000 decreased $197,000 from the first quarter of 2008, and $217,000 from the second quarter of 2007.

Charles J. Drake, Chairman and CEO of Integral Vision, Inc., commented, "Our improved financial results for the quarter reflect significant sales penetration with both LCD manufacturers and emerging technology display customers. Our confidence that 2008 will be a breakout year for the Company remains high. Interest is strong in our technology and product offerings. Bookings and quote activity have substantially accelerated and we expect that shipments will continue to be significantly stronger as the year progresses."

Drake concluded, "Over the next several years, we expect a continuous ramping up of sales due to the new supplier inspection requirements imposed on display manufacturers by our computer manufacturing customer; and the emergence of new display technologies, in particular MEMS, e-paper and OLED displays, all of which constitute growth markets."

TO ACCESS THE LIVE CONFERENCE CALL

Integral Vision will host a live conference call at 4:30 p.m. (ET) on Thursday, August 14, 2008. To access the conference call, please call 303-262-2138 or 800-240-4186 approximately 5 to 10 minutes prior to the scheduled start time.

TO ACCESS A REPLAY OF THE CONFERENCE CALL

If you are unable to listen to the live conference call, it will be archived for replay. Shortly after the call, a telephonic replay will be available through Saturday, August 16, 2008, by dialing 303-590-3000 or 800-405-2236. The confirmation code 11117895 is required for the telephonic replay.

COMPANY'S INVESTOR E-MAIL LIST

To be added to Integral Visions investor email list, please contact Laura Guerrant-Oiye of Guerrant Associates atlguerrant@guerrantir.com.

ABOUT INTEGRAL VISION

Integral Vision, Inc. (BULLETIN BOARD: INVI) , an ISO 9001 registered firm, offers display inspection technology that provides analysis of functional and cosmetic defects in the display to assure quality in the manufacturing process as well as verification of the final product. Integral Vision has been inspecting displays since 1992 and is an industry leader committed to providing automated solutions to the quality issues Microdisplay, OLED and LCD manufacturers face in today's competitive marketplace. More information can be found at Website: http://www.iv-usa.com/

"SAFE-HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such factors and uncertainties include, but are not limited to: competitive conditions in the Company's markets and the effect of competitive products and pricing; technological development by the Company, its customers and its competition; the Company's available cash and access to debt and equity financing; and general economic conditions and conditions in the specific industries in which the company has significant customers. As a result, the Company's results may fluctuate. Additional information concerning risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are contained in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's best estimates as of the date of this press release. The Company assumes no obligation to update such estimates except as required by the rules and regulations of the Securities and Exchange Commission.

FINANCIAL INFORMATION

The summary financial information contained in this press release, including the following information in tabular form, should be read in conjunction with the more detailed information contained in the Company's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2008, and Company's Annual Report on Form 10-KSB filed with the Securities and Exchange Commission on March 31, 2008.

-Tables follow- Balance Sheet Integral Vision, Inc. June 30, 2008 June 30, December 31, 2008 2007 (Unaudited) (in thousands) Assets Current assets: Cash $86 $11 Accounts receivable 139 75 Inventories - Note B 379 265 Other 64 97 Total current assets 668 448 Property and equipment: Building Improvements 4 4 Production and engineering equipment 234 234 Furniture and fixtures 80 80 Computer equipment 188 190 Marketing/demonstration equipment 139 139 645 647 Less accumulated depreciation (462) (431) Net property and equipment 183 216 Other assets - net of accumulated amortization of $1,499,000 ($1,493,000 for 2007) 57 34 $908 $698 Liabilities and Stockholders' Deficit: Current liabilities: Notes payable $4,437 $3,342 Accounts payable 84 75 Customer deposits 270 - Accrued compensation and related costs 297 298 Accrued interest 416 196 Accrued product warranty 83 82 Other accrued liabilities 64 40 Total current liabilities 5,651 4,033 Long-term debt - - Total liabilities 5,651 4,033 Stockholders' deficit: Preferred stock, 400,000 shares authorized; none issued - - Common stock, without par value, stated value $.20 per share; 70,000,000 shares authorized; 29,566,409 shares issued and outstanding 5,913 5,913 Additional paid-in capital 39,494 39,407 Accumulated deficit (50,150) (48,655) Total stockholders' deficit (4,743) (3,335) $908 $698 Statements of Operations Integral Vision, Inc. (in thousands, except per share data) (unaudited) Six Months Quarter Ended Ended June 30, March 31, June 30, June 30, June 30, 2008 2008 2007 2008 2007 Revenue: Net product sales $445 $9 $94 $455 $410 Net revenue from product development agreements 25 - - 25 - Total revenues (See Note-B) 470 9 94 480 410 Costs of sales: Costs of sales for products 215 43 81 259 336 Depreciation and amortization 4 4 4 8 10 Total costs of sales 219 47 85 267 346 Gross margin 251 (38) 9 213 64 Other costs and expenses: Marketing 191 148 163 339 312 General and administrative - net 340 332 361 672 679 Engineering and development - net 228 232 264 460 580 Total other costs and expenses 759 712 788 1,471 1,571 Operating loss (508) (750) (779) (1,258) (1,507) Other income 1 (2) - - 5 Interest expense (142) (94) (87) (237) (111) Net loss $(649) $(846) $(866) $(1,495) $(1,613) Basic and diluted loss per share: Net loss $(0.02) $(0.03) $(0.03) $(0.05) $(0.05) Weighted average number of shares of common stock and common stock equivalents, where applicable 29,566 29,566 29,511 29,566 29,509

Integral Vision, Inc.

CONTACT: Charles J. Drake, Integral Vision, Inc., +1-248-668-9230,
cdrake@iv-usa.com; Investors and Media, Laura Guerrant-Oiye, Guerrant
Associates, +1-808-882-1467, lguerrant@guerrantir.com

Web site: http://www.iv-usa.com/

Autodesk Reports Record Revenue of $620 Million in its Second Quarter of Fiscal 2009

SAN RAFAEL, Calif., Aug. 14 /PRNewswire-FirstCall/ -- Autodesk, Inc. today reported revenue of $620 million for the second quarter of fiscal 2009, an increase of 18 percent over the second quarter of fiscal 2008. GAAP diluted earnings per share in the second quarter increased 3 percent to $0.39, compared to $0.38 per diluted share in the second quarter last year. Non-GAAP diluted earnings per share in the second quarter increased 27 percent to $0.56, compared to $0.44 per diluted share in the second quarter last year. A reconciliation between GAAP and non-GAAP results is provided at the end of this press release.

"We're very pleased that Autodesk was able to achieve another quarter of record revenue results," said Carl Bass, Autodesk president and CEO. "Our ability to serve diverse business segments globally with leading software design and engineering solutions drove our strong performance. The combination of a strong market position, industry and geographic diversification, a strong balance sheet, and excellent cash flow, positions Autodesk for continued success."

Operational Highlights

In addition to favorable currency exchange rates, Autodesk's performance in the second quarter of fiscal 2009 was driven by continued revenue growth of model-based 3D design solutions, 2D vertical products, emerging economies, as well as total upgrade and maintenance revenue growth.

Combined revenue from the Company's model-based 3D solutions, which includes Inventor, Revit, Civil 3D, NavisWorks, Robobat, and Moldflow, increased 36 percent over the second quarter of fiscal 2008 to $166 million and comprised 27 percent of total revenue for the quarter. Excluding Moldflow, which was acquired during the quarter, model-based 3D solutions grew 31 percent to $159 million. Autodesk shipped approximately 36,000 commercial seats of its model-based 3D design products, including approximately 10,000 commercial seats of Inventor and 26,000 seats of its Architecture Engineering and Construction products -- Revit, Civil 3D, NavisWorks, and Robobat. In addition, revenue from 2D vertical products increased 16 percent compared to the second quarter of fiscal 2008.

Revenue from the emerging economies increased 40 percent over the second quarter of fiscal 2008 to $114 million and represented 18 percent of total revenue. EMEA revenue was $267 million, an increase of 31 percent as reported over the second quarter of fiscal 2008, and 15 percent at constant currency. Revenue in Asia Pacific was $150 million, an increase of 18 percent as reported year-over-year, and 11 percent at constant currency. Revenue in the Americas increased 4 percent over the second quarter of fiscal 2008 to $203 million, despite continued economic headwinds.

Upgrade revenue and maintenance revenue combined increased 34 percent over the second quarter of fiscal 2008 to $238 million. Maintenance revenue increased 36 percent compared to the second quarter of fiscal 2008 to $180 million, or 29 percent of total revenue. Deferred maintenance revenue increased $14 million sequentially and $132 million compared to the second quarter of fiscal 2008. Total upgrade revenue increased 27 percent compared to the second quarter of fiscal 2008.

Business Outlook

The following statements are forward-looking statements which are based on current expectations and which involve risks and uncertainties some of which are set forth below.

Third Quarter Fiscal 2009

Net revenue for the third quarter of fiscal 2009 is expected to be in the range of $625 million and $635 million. GAAP earnings per diluted share are expected to be in the range of $0.40 and $0.42. Non-GAAP earnings per diluted share are expected to be in the range of $0.54 and $0.56 and exclude $0.07 related to stock-based compensation expense and $0.07 for the amortization of acquisition related intangibles.

Fourth Quarter Fiscal 2009

Net revenue for the fourth quarter of fiscal 2009 is expected to be in the range of $660 million and $680 million. GAAP earnings per diluted share are expected to be in the range of $0.52 and $0.56. Non-GAAP earnings per diluted share are expected to be in the range of $0.64 and $0.68 and exclude $0.08 related to stock-based compensation expense and $0.04 for the amortization of acquisition related intangibles.

Full Year Fiscal 2009

For fiscal year 2009, net revenue is expected to be in the range of $2.50 billion and $2.53 billion. Full year GAAP earnings per diluted share are now expected to be in the range of $1.72 and $1.78. Non-GAAP earnings per diluted share are still expected to be in the range of $2.24 and $2.30 and exclude $0.29 related to stock-based compensation expense and $0.23 for the amortization of acquisition related intangibles and in-process research and development expense.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties, including statements in the paragraphs under "Business Outlook" above, statements regarding anticipated market trends and other statements regarding our expected performance and results. Other factors that could cause actual results to differ materially include the following: general market and business conditions, our performance in particular geographies, including emerging economies, difficulties encountered in integrating new or acquired businesses and technologies, the inability to identify and realize the anticipated benefits of acquisitions, fluctuation in foreign currency exchange rates, unexpected fluctuations in our tax rate, the timing and degree of expected investments in growth opportunities, slowing momentum in maintenance revenues, failure to achieve sufficient sell-through in our channels for new or existing products, pricing pressure, failure to achieve continued cost reductions and productivity increases, failure to achieve continued migration from 2D products to 3D products, changes in the timing of product releases and retirements, failure of key new applications to achieve anticipated levels of customer acceptance, failure to achieve continued success in technology advancements, the financial and business condition of our reseller and distribution channels, interruptions or terminations in the business of the Company's consultants or third party developers, and unanticipated impact of accounting for technology acquisitions.

Further information on potential factors that could affect the financial results of Autodesk are included in the Company's reports on Form 10-K for the year ended January 31, 2008 and our Form 10-Q for the quarter ended April 30, 2008, which are on file with the Securities and Exchange Commission. Autodesk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

Earnings Conference Call and Webcast

Autodesk will host its second quarter conference call today at 5:00 p.m. EDT. The live announcement may be accessed at http://www.autodesk.com/investors or by dialing 866-700-7477 or 617-213-8840 (passcode: 68223258). An audio webcast or podcast of the call will be available at 7:00 pm EDT at http://www.autodesk.com/investors. This replay will be maintained on our website for at least twelve months. An audio replay will also be available for one month beginning at 7:00 pm EDT by dialing 888-286-8010 or 617-801-6888 (passcode: 93009896).

About Autodesk

Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.

Note: AutoCAD, Autodesk, Civil 3D, Inventor, Revit, NavisWorks, and Robobat are either registered trademarks or trademarks of Autodesk, Inc., in the US and/or other countries. All other brand names, product names or trademarks belong to their respective holders.

Investors: David Gennarelli, david.gennarelli@autodesk.com, 415-507-6033 Katie Blanchard, katherine.blanchard@autodesk.com, 415-507-6034 Press: Pam Pollace, pam.pollace@autodesk.com, 415-547-2441 Colleen Rubart, colleen.rubart@autodesk.com, 415-547-2368 Autodesk, Inc. Consolidated Statements of Income (In millions, except per share data) Three Months Ended Six Months Ended July 31, July 31, 2008 2007 2008 2007 (Unaudited) (Unaudited) Net revenue: License and other $440.2 $393.6 $872.4 $776.7 Maintenance 179.3 132.3 345.9 257.7 Total net revenue 619.5 525.9 1,218.3 1,034.4 Cost of license and other revenue 57.4 49.6 113.2 100.1 Cost of maintenance revenue 2.1 2.3 4.1 4.4 Total cost of revenue 59.5 51.9 117.3 104.5 Gross margin 560.0 474.0 1,101.0 929.9 Operating Expenses: Marketing and sales 228.8 198.8 452.7 391.3 Research and development 153.2 114.9 296.9 229.6 General and administrative 59.2 45.8 112.7 93.1 Total operating expenses 441.2 359.5 862.3 714.0 Income from operations 118.8 114.5 238.7 215.9 Interest and other income, net 6.3 3.4 13.2 13.2 Income before income taxes 125.1 117.9 251.9 229.1 Provision for income taxes (35.3) (26.3) (67.5) (54.2) Net income $89.8 $91.6 $184.4 $174.9 Basic net income per share $0.40 $0.40 $0.82 $0.76 Diluted net income per share $0.39 $0.38 $0.80 $0.72 Shares used in computing basic net income per share 224.2 230.3 225.2 230.8 Shares used in computing diluted net income per share 231.1 243.0 232.1 243.7 Autodesk, Inc. Condensed Consolidated Balance Sheets (In millions) July 31, January 31, 2008 2008 (Unaudited) ASSETS: Current assets: Cash and cash equivalents $929.6 $917.9 Marketable securities 32.6 31.4 Accounts receivable, net 325.2 386.5 Deferred income taxes 58.2 98.1 Prepaid expenses and other current assets 56.9 47.9 Total current assets 1,402.5 1,481.8 Marketable securities 8.3 8.4 Computer equipment, software, furniture and leasehold improvements, net 109.2 80.2 Purchased technologies, net 106.2 64.4 Goodwill 626.9 443.4 Deferred income taxes, net 67.5 54.6 Other assets 122.9 79.4 $2,443.5 $2,212.2 LIABILITIES AND STOCKHOLDERS' EQUITY: Current liabilities: Accounts payable $78.1 $79.3 Accrued compensation 108.0 146.2 Accrued income taxes 21.2 14.4 Deferred revenue 440.7 400.7 Borrowings under line of credit 120.0 - Other accrued liabilities 101.0 89.7 Total current liabilities 869.0 730.3 Deferred revenue 121.9 105.4 Long term income taxes payable 101.4 86.5 Long term deferred income taxes 29.2 3.3 Other liabilities 62.1 56.2 Commitments and contingencies Stockholders' equity: Preferred stock - - Common stock and additional paid-in capital 997.6 998.3 Accumulated other comprehensive income 19.9 13.8 Retained earnings 242.4 218.4 Total stockholders' equity 1,259.9 1,230.5 $2,443.5 $2,212.2 Autodesk, Inc. Condensed Consolidated Statements of Cash Flows (In millions) Six Months Ended July 31, 2008 2007 (Unaudited) Operating Activities Net income $184.4 $174.9 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 39.1 28.6 Stock-based compensation expense 48.4 35.9 Charge for acquired in-process research and development 16.8 1.0 Changes in operating assets and liabilities, net of business combinations 105.1 87.8 Net cash provided by operating activities 393.8 328.2 Investing Activities Purchases of available-for-sale marketable securities (5.6) (705.7) Sales of available-for-sale marketable securities 4.7 765.7 Business combinations, net of cash acquired (257.5) (21.3) Capital and other expenditures (39.9) (18.2) Net cash provided by (used in) investing activities (298.3) 20.5 Financing activities Proceeds from issuance of common stock, net of issuance costs 50.1 83.8 Draws on line of credit 690.0 - Repayments of line of credit (570.0) - Repurchases of common stock (256.5) (325.1) Net cash used in financing activities (86.4) (241.3) Effect of exchange rate changes on cash and cash equivalents 2.6 1.6 Net increase in cash and cash equivalents 11.7 109.0 Cash and cash equivalents at beginning of fiscal year 917.9 665.9 Cash and cash equivalents at end of period $929.6 $774.9 Autodesk, Inc. Reconciliation of GAAP financial measures to non-GAAP financial measures (In millions, except per share data) To supplement our consolidated financial statements presented on a GAAP basis, Autodesk provides investors with certain non-GAAP measures including non-GAAP net income, non-GAAP net income per share, non-GAAP cost of license and other revenue, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP interest and other income, net and non-GAAP provision for income taxes. These non-GAAP financial measures are adjusted to exclude certain costs, expenses, gains and losses, including stock-based compensation expense, employee tax reimbursements related to our stock option review, litigation expenses, in-process research and development expenses, restructuring expenses, amortization of purchased intangibles, investment impairment and income tax expenses. See our reconciliation of GAAP financial measures to non-GAAP financial measures herein. We believe these exclusions are appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future, as well as to facilitate comparisons with our historical operating results. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of Autodesk's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside our core operating results. In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for our planning and forecasting of future periods. There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States. Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release. The following table shows Autodesk's non-GAAP results reconciled to GAAP results included in this release. Three Months Ended Six Months Ended July 31, July 31, 2008 2007 2008 2007 (Unaudited) (Unaudited) GAAP cost of license and other revenue $57.4 $49.6 $113.2 $100.1 SFAS 123R stock-based compensation expense (1.1) (1.1) (2.1) (1.7) Amortization of developed technology (5.3) (2.1) (8.8) (4.2) Employee tax reimbursements related to stock option review - - - (1.1) Non-GAAP cost of license and other revenue $51.0 $46.4 $102.3 $93.1 GAAP gross margin $560.0 $474.0 $1,101.0 $929.9 SFAS 123R stock-based compensation expense 1.1 1.1 2.1 1.7 Amortization of developed technology 5.3 2.1 8.8 4.2 Employee tax reimbursements related to stock option review - - - 1.1 Non-GAAP gross margin $566.4 $477.2 $1,111.9 $936.9 GAAP marketing and sales $228.8 $198.8 $452.7 $391.3 SFAS 123R stock-based compensation expense (10.0) (9.0) (20.5) (15.2) Employee tax reimbursements related to stock option review - - - (4.8) Non-GAAP marketing and sales $218.8 $189.8 $432.2 $371.3 GAAP research and development $153.2 $114.9 $296.9 $229.6 SFAS 123R stock-based compensation expense (7.7) (6.5) (16.1) (11.3) In-process research and development (16.8) (1.0) (16.8) (1.0) Employee tax reimbursements related to stock option review - - - (4.4) Non-GAAP research and development $128.7 $107.4 $264.0 $212.9 GAAP general and administrative $59.2 $45.8 $112.7 $93.1 SFAS 123R stock-based compensation expense (4.4) (4.5) (9.7) (7.7) Amortization of customer relationships and trademarks (6.4) (2.0) (9.3) (3.9) Employee tax reimbursements related to stock option review - - - (1.7) Non-GAAP general and administrative $48.4 $39.3 $93.7 $79.8 GAAP operating expenses $441.2 $359.5 $862.3 $714.0 SFAS 123R stock-based compensation expense (22.1) (20.0) (46.3) (34.2) Employee tax reimbursements related to stock option review - - - (10.9) Amortization of customer relationships and trademarks (6.4) (2.0) (9.3) (3.9) In-process research and development (16.8) (1.0) (16.8) (1.0) Non-GAAP operating expenses $395.9 $336.5 $789.9 $664.0 GAAP income from operations $118.8 $114.5 $238.7 $215.9 SFAS 123R stock-based compensation expense 23.2 21.1 48.4 35.9 Employee tax reimbursements related to stock option review - - - 12.0 Amortization of developed technology 5.3 2.1 8.8 4.2 Amortization of customer relationships and trademarks 6.4 2.0 9.3 3.9 In-process research and development 16.8 1.0 16.8 1.0 Non-GAAP income from operations $170.5 $140.7 $322.0 $272.9 GAAP provision for income taxes $(35.3) $(26.3) $(67.5) $(54.2) Income tax effect on difference between GAAP and non-GAAP total costs and expenses at a normalized rate (11.2) (9.4) (20.3) (16.7) Non-GAAP provision for income taxes $(46.5) $(35.7) $(87.8) $(70.9) GAAP net income $89.8 $91.6 $184.4 $174.9 SFAS 123R stock-based compensation expense 23.2 21.1 48.4 35.9 Employee tax reimbursements related to stock option review - - - 12.0 Amortization of developed technology 5.3 2.1 8.8 4.2 Amortization of customer relationships and trademarks 6.4 2.0 9.3 3.9 In-process research and development 16.8 1.0 16.8 1.0 Income tax effect on difference between GAAP and non-GAAP total costs and expenses at a normalized rate (11.2) (9.4) (20.3) (16.7) Non-GAAP net income $130.3 $108.4 $247.4 $215.2 GAAP diluted net income per share $0.39 $0.38 $0.80 $0.72 SFAS 123R stock-based compensation expense 0.10 0.09 0.21 0.15 In-process research and development 0.07 - 0.07 - Employee tax reimbursements related to stock option review - - - 0.05 Amortization of developed technology 0.02 0.01 0.03 0.02 Amortization of customer relationships and trademarks 0.03 - 0.04 0.01 Income tax effect on difference between GAAP and non-GAAP total costs and expenses at a normalized rate (0.05) (0.04) (0.09) (0.07) Non-GAAP diluted net income per share $0.56 $0.44 $1.06 $0.88 GAAP diluted shares used in per share calculation 231.1 243.0 232.1 243.7 Impact of SFAS 123R on diluted shares 0.8 1.3 0.5 1.3 Non-GAAP diluted shares used in per share calculation 231.9 244.3 232.6 245.0 Other Supplemental Financial Information (1) Fiscal Year 2009 QTR 1 QTR 2 QTR 3 QTR 4 YTD 2009 Financial Statistics (in millions, except per share data): Total net revenue $599 $620 $1,218 License and other revenue $432 $440 $872 Maintenance revenue $167 $180 $346 Gross Margin - GAAP 90% 90% 90% Gross Margin - Non-GAAP 91% 91% 91% GAAP Operating Expenses $421 $441 $862 GAAP Operating Margin 20% 19% 20% GAAP Net Income $95 $90 $184 GAAP Diluted Net Income Per Share $0.41 $0.39 $0.80 Non-GAAP Operating Expenses (2)(3) $394 $396 $790 Non-GAAP Operating Margin (2)(4) 25% 28% 26% Non-GAAP Net Income (2)(5) $117 $130 $247 Non-GAAP Diluted Net Income Per Share (2)(6) $0.50 $0.56 $1.06 Total Cash and Marketable Securities $950 $970 $970 Days Sales Outstanding 51 48 48 Capital Expenditures $14 $26 $40 Cash from Operations $185 $209 $394 GAAP Depreciation and Amortization $17 $22 $39 Deferred Maintenance Revenue Balance $474 $488 $488 Revenue by Geography (in millions): Americas $191 $203 $394 Europe $259 $267 $526 Asia/Pacific $149 $150 $298 Revenue by Segment (in millions): Platform Solutions and Emerging Business and Other $278 $270 $548 Architecture, Engineering and Construction $129 $144 $273 Manufacturing Solutions $119 $131 $250 Media and Entertainment $67 $69 $136 Other $6 $6 $11 Other Revenue Statistics: % of Total Rev from AutoCAD and AutoCAD LT 41% 35% 38% % of Total Rev from 3D design products 24% 26% 25% % of Total Rev from Emerging Economies 17% 18% 18% Upgrade Revenue (in millions) $61 $58 $119 Favorable (Unfavorable) Impact of U.S. Dollar Translation Relative to Foreign Currencies Compared to Comparable Prior Year Period (in millions): FX Impact on Total Net Revenue $41 $42 $83 FX Impact on Total Operating Expenses $(14) $(11) $(25) FX Impact on Total Net Income $27 $31 $58 Gross Margin by Segment (in millions): Platform Solutions and Emerging Business and Other $263 $255 $518 Architecture, Engineering and Construction $119 $133 $252 Manufacturing Solutions $110 $122 $232 Media and Entertainment $50 $52 $102 Unallocated amounts $(1) $(2) $(3) Common Stock Statistics: GAAP Shares Outstanding 223,616,000 224,528,000 224,528,000 GAAP Fully Diluted Weighted Average Shares Outstanding 232,607,000 231,078,000 232,097,000 Shares Repurchased 8,001,000 - 8,001,000 Installed Base Statistics: Total AutoCAD-based Installed Base 4,377,000 4,436,000 4,436,000 Total Inventor Installed Base 794,000 819,000 819,000 Total Maintenance Installed Base 1,587,000 1,644,000 1,644,000 (1) Totals may not agree with the sum of the components due to rounding. (2) To supplement our consolidated financial statements presented on a GAAP basis, Autodesk provides investors with certain non-GAAP measures including non-GAAP net income, non-GAAP net income per share, non-GAAP cost of license and other revenue, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP interest and other income, net and non-GAAP provision for income taxes. These non-GAAP financial measures are adjusted to exclude certain costs, expenses, gains and losses, including stock-based compensation expense, employee tax reimbursements related to our stock option review, litigation expenses, in-process research and development expenses, restructuring expenses, amortization of purchased intangibles, investment impairment and income tax expenses. See our reconciliation of GAAP financial measures to non-GAAP financial measures herein. We believe these exclusions are appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future, as well as to facilitate comparisons with our historical operating results. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of Autodesk's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside our core operating results. In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for our planning and forecasting of future periods. There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States. Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release. Fiscal Year 2009 QTR 1 QTR 2 QTR 3 QTR 4 YTD 2009 (3) GAAP Operating Expenses $421 $441 $862 Stock-based compensation expense (24) (22) (46) Amortization of customer relationships and trademarks (3) (6) (9) In-process research and development - (17) (17) Non-GAAP Operating Expenses $394 $396 $790 (4) GAAP Operating Margin 20% 19% 20% Stock-based compensation expense 4% 4% 4% Amortization of developed technology 1% 1% 0% Amortization of customer relationships and trademarks 1% 1% 1% In-process research and development 0% 3% 1% Non-GAAP Operating Margin 25% 28% 26% (5) GAAP Net Income $95 $90 $184 Stock-based compensation expense 25 23 48 Amortization of developed technology 4 5 9 Amortization of customer relationships and trademarks 3 6 9 In-process research and development - 17 17 Income tax effect on difference between GAAP and non-GAAP total costs and expenses at a normalized rate (9) (11) (20) Non-GAAP Net Income $117 $130 $247 (6) GAAP Diluted Net Income Per Share $0.41 $0.39 $0.80 Stock-based compensation expense 0.11 0.10 0.21 Amortization of developed technology 0.01 0.02 0.03 Amortization of customer relationships and trademarks 0.01 0.03 0.04 In-process research and development - 0.07 0.07 Income tax effect on difference between GAAP and non-GAAP total costs and expenses at a normalized rate (0.04) (0.05) (0.09) Non-GAAP Diluted Net Income Per Share $0.50 $0.56 $1.06

Autodesk, Inc.

CONTACT: investors, David Gennarelli, +1-415-507-6033,
david.gennarelli@autodesk.com, or Katie Blanchard, +1-415-507-6034,
katherine.blanchard@autodesk.com, or press, Pam Pollace, +1-415-547-2441,
pam.pollace@autodesk.com, or Colleen Rubart, +1-415-547-2368,
colleen.rubart@autodesk.com, all of Autodesk, Inc.

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

Towerstream Appoints Bruce Grinnell as Chief Operations OfficerOperations veteran to help organize company systems through expansion

MIDDLETOWN, R.I., Aug. 14 /PRNewswire-FirstCall/ -- Towerstream , a leading fixed WiMAX service provider, today announced that Bruce Grinnell has joined the Company as Chief Operations Officer. This addition is further proof of Towerstream's dedication to building an experienced and strong management team and continuing to execute on its growth strategy.

"Bruce will be a valuable asset as we fine tune our processes in support of our continued expansion," said Jeff Thompson, President and CEO of Towerstream. "Bruce has gained an impressive amount of experience managing the operations of successful companies, knowledge that will be valuable and translate well in his position at Towerstream. I welcome Bruce to the Towerstream team and look forward to working with him as we continue to execute on our plans."

As Towerstream's Chief Operations Officer -- a newly created position for the Company -- Grinnell will be responsible for Network Engineering, Information Technology, Network Operations and Customer Care. In addition, Grinnell will be tasked with laying out a growth strategy that will support Towerstream's commitment to quality, customer satisfaction, network reliability and increases in average revenue per user (ARPU).

Prior to joining Towerstream, Grinnell served as Chief Operating Officer and Vice President of Operations for VBS, Inc., a provider of equipment, logistics, and management services for Fortune 500 companies. Previously, he held senior operational and management positions with various organizations in Virginia, including the Government Services division of Perot Systems, a technology-based business solutions provider. Grinnell also completed a twenty year career as Commander in the U.S. Coast Guard, where he held senior leadership roles in operations, engineering and information systems.

Towerstream's customers have a range of bandwidth options to choose from, including T1, T3, 100 and 1000 Mbps connections as well as service reliability backed by an industry-leading Service Level Agreement (SLA) and a no-risk, money-back guarantee. Towerstream's fixed wireless broadband network delivers high-speed Internet access supporting VoIP, bandwidth on demand, wireless redundancy, VPNs, disaster recovery, bundled data, and video services. Companies utilizing multiple appliances simultaneously, such as streaming video and VoIP, can prioritize their bandwidth to secure mission-critical activities. Towerstream currently serves businesses of all sizes in New York, Chicago, Los Angeles, Seattle, Boston, San Francisco, Miami, Dallas-Fort Worth and Providence/Newport. Towerstream also offers a Rapid Installation Program which guarantees installation within 48 hours.

For a map of the regions covered by Towerstream's service, please visit: http://www.towerstream.com/. For sales inquiries, please call 866-848-5848; or visit: http://www.towerstream.com/index.asp?ref=support.

About Towerstream Corporation

Towerstream is a leading fixed WiMAX service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the Company has established networks in nine markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay Area, Miami, Seattle, Dallas-Fort Worth, and the greater Providence area where the Company is based. The Company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability.

Safe Harbor

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

Towerstream

CONTACT: Investors, Terry McGovern of Vision Advisors for Towerstream,
+1-415-902-3001, mcgovern@visionadvisors.net; or media, Amanda Lordy,
Amanda@dukaspr.com, or Todd Barrish, todd@dukaspr.com, both of Dukas Public
Relations for Towerstream, +1-212-704-7385

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

ProLink Holdings Corp. Reports 2008 Record Second Quarter ResultsCompany Records Best Quarterly Results in its HistoryRevenue Increases 22%; 23% Increase in Gross Margin Percentage; Adjusted EBITDA of $394,859, an improvement of $1.75 Million

CHANDLER, Ariz., Aug. 14 /PRNewswire-FirstCall/ -- ProLink Holdings Corp. (BULLETIN BOARD: PLKH) , the world's largest provider of digital advertising screens for the golf course market and Global Positioning golf course management systems, today announced financial results for its second quarter ended June 30, 2008.

Some of the highlights of the second quarter include:

Record Operating Results -- The Company generated EBITDA plus adjustment for non-cash 123R compensation of $394,859 (a non-GAAP measure) which compares favorably to a Loss before Interest, Taxes, Depreciation and Amortization plus adjustment for non-cash stock-based compensation of negative ($1.3 million) in the 2007 second quarter.

-- Total revenue for the 2008 second quarter of $6.7 million increased 22.1% compared to $5.5 million in the 2007 second quarter. -- Record revenue from Domestic System sales and Refinances -- 71.0% increase to $5.2 million, as compared to $3.1 million in the year-earlier period. -- Service Revenue continued to grow, increasing 16.4% to $775,000 versus $666,000 for the 2007 second quarter. -- Gross Margin improved by $1.1 million increasing to $3.3 million in the 2008 second quarter, from $2.2 million in the year-earlier period. -- Operating expenses declined $733,000 or 17.9% to $3.4 million (including $250,000 of litigation expense related to the collection efforts of a Company receivable and actions to protect patents) from $4.1 million in the 2007 second quarter.

"The Company's second quarter results demonstrate the continued momentum we are generating in the domestic market, as reflected by another quarter of strong domestic sales," said Danny Lam, President of ProLink Solutions. "Despite a challenging economic environment, customers in the United States continue to recognize the value that the ProLink System provides, as reflected by Domestic new system sales growth of 30%. This follows a strong 2008 first quarter. Refinances grew at an impressive 185%, continuing to demonstrate our customers' commitment to our systems as a key revenue center at the golf course. We have begun to work with our new international distributors generating approximately $600,000 in sales outside of the U.S. market sales during the second quarter and we believe that we will begin to see an increase in international revenue during the second half of the year as our organizations gain more time and momentum working together. Our cost reduction program launched in mid-2007 has begun to show results with an 18% reduction in operating expenses for the 2008 second quarter which has helped to reduce operating loss by $1.8 million. Second quarter operating expenses declined to 50.6% of revenue from 75.2% during the 2007 second quarter. We continue to seek ways to further reduce costs through operating efficiencies."

"While we are pleased by the strength in our domestic operations, we continue to focus on several additional areas that have the potential to bring the Company to profitability," said Lawrence Bain, ProLink's Chief Executive Officer. "We continue to seek new distributors in other international markets that will grow sales and support our customer base in foreign countries. We also have in place the people and relationships to drive advertising revenue. While we are disappointed the economic downturn has adversely impacted advertisers in several of our key target markets, we are still on track with our long-term business strategy. The migration of media spending to new and more effective digital platforms like ProLink's remains intact, although growth will not happen in a linear manner. We have taken important steps to expand and improve the quality and quantity of our digital network and have created new relationships with new clients. This is evidenced by the recent announcement that one of the world's largest telecommunications companies, AT&T, has elected to advertise in the ProLink Network Research Program as part of a category exclusive three-month advertising campaign. Advertisers like this one are key building blocks of a successful future for our Company as new digital mediums like the ProLink Network becomes an increasingly important part of the media marketplace. With interest in these Programs high, we expect advertising to become an increasingly significant component of revenue in the coming quarters."

The Company reported second quarter revenue of $6.7 million compared to $5.5 million in the second quarter of 2007. Second quarter revenue from New Domestic System sales and refinancing of $5.2 million compared to $3.1 million in the 2007 second quarter, a 71% increase. International System Revenue declined from $1.6 million to $0.6 million, as a result of the termination by the Company of its largest international distributor during the fourth quarter of 2007. Advertising revenue remained relatively flat at $0.1 million when compared to the year earlier period. Service revenue increased from $0.7 million to $0.8 million. Gross margin for the 2008 second quarter was approximately 49.4%, compared to 40.1% in the 2007 second quarter.

For the 2008 second quarter, operating expenses were $3.4 million, compared to the 2007 second quarter of $4.1 million. Sales and Marketing expenses were $0.7 million, compared to $0.9 million in the three months ended June 30, 2007. General and Administrative costs were $1.9 million compared to the year-earlier period of $2.2 million. The 2008 second quarter results also include approximately $250,000 in legal expense related to the Company's lawsuit against two competitors alleging patent infringement, and collection litigation against one of the Company's former distributors.

Net Income (Loss) -- Second Quarter

The net income (loss) applicable to common stockholders for the three months ended June 30, 2008 was $(0.5) million or $(0.01) per share, compared to $(1.9) million or $(0.05) per share in the same period in 2007.

For the six months ended June 30, 2008, ProLink had revenue of $12.4 million compared to $12.2 million in the six months ended June 30, 2007. Domestic System sales during the first half of 2008 were $9.7 million, a 74% growth over the first six months of 2007. Gross margins as a percentage of revenues for this period were 47.2% which represented a 5% growth over the first half of 2007. Operating Expenses fell, from 2007 levels by 17% to $7.0 million. ProLink had a loss before depreciation, amortization, interest expense and stock-based compensation of $(0.4) million, compared to a loss of $(2.2) million in the year earlier period. ProLink had a net loss of $(2.1) million, or $(0.04) per share for the six months ended June 30, 2008, compared to $(7.7) million or $(0.20) per share in the six months ended June 30, 2007. Litigation expense was approximately $400,000 year to date.

(dollars in 000's) For the Three Months Ended June 30, June 30, Change 2008 2007 $ % REVENUES: New System Installation Revenue $5,456 $4,658 $797 17.1% Service Revenue 776 666 109 16.4% Finance Revenue, net 316 - 316 n/a Advertising Revenue 117 134 (17) -12.9% Total Revenue 6,664 5,459 1,205 22.1% Cost of Revenue 3,369 3,269 99 3.0% Gross Margin 3,295 2,190 1,106 50.5% Gross Margin Percentage 49.4% 40.1% 91.8% Operating Expenses 3,372 4,105 (733) -17.9% Income (Loss) from Operations (77) (1,915) 1,838 -96.0% Other (Income) Expense 469 196 273 139.0% Net Loss (546) (2,112) 1,565 -74.1% Dividends on Series C Preferred Shares - 180 (180) Net Loss Applicable to Common Shareholders $(546) $(1,932) $1,386 -71.7% Basic Loss per Common Share $(0.01) $(0.05) $0.04 Diluted Loss per Common Share $(0.01) $(0.05) $0.04 For the Six Months Ended June 30, June 30, Change 2008 2007 $ % REVENUES: New System Installation Revenue $10,335 $9,860 $474 4.8% Service Revenue 1,365 1,197 168 14.0% Finance Revenue, net 530 982 (452) -46.0% Advertising Revenue 173 154 19 12.6% Total Revenue 12,402 12,193 209 1.7% Cost of Revenue 6,544 7,040 (495) -7.0% Gross Margin 5,858 5,153 705 13.7% Gross Margin Percentage 47.2% 42.3% 336.5% Operating Expenses 7,026 8,486 (1,460) -17.2% Income (Loss) from Operations (1,168) (3,333) 2,165 -64.9% Other (Income) Expense 964 653 311 47.6% Net Loss (2,132) (3,986) 1,854 -46.5% Dividends on Series C Preferred Shares - (3,721) 3,721 Net Loss Applicable to Common Shareholders $(2,132) $(7,707) $5,575 -72.3% Basic Loss per Common Share $(0.04) $(0.20) $0.16 Diluted Loss per Common Share $(0.04) $(0.20) $0.16 Consolidated Balance Sheets (dollars in 000's) As of 06/30/08 12/31/07 Cash and cash equivalents $2,450 $2,829 Other current assets 8,011 8,390 Total current assets 10,461 11,220 Other assets 12,034 10,118 Total assets $22,496 $21,338 Total current liabilities 13,017 12,842 Long-term liabilities 6,284 4,632 Stockholders' equity 3,195 3,864 Total liabilities and stockholders' equity $22,496 $21,338 For the Three For the Six (dollars in 000's) Months Ended Months Ended June 30, June 30, June 30, June 30, Adjusted EBITDA calculation: 2008 2007 2008 2007 Net Loss $(546) $(2,112) $(2,132) $(3,986) Deduct: Interest Expense (341) (319) (660) (325) Interest Expense - Warrant Expense (184) (181) (365) (360) Depr & Amort (214) (210) (425) (369) EBITDA 193 (1,402) (682) (2,931) FAS 123R (202) (214) (483) (701) Adjusted EBITDA $395 $(1,188) $(199) $(2,229) EBITDA and Adjusted EBITDA

Earnings Before Interest, Taxes, Depreciation and Amortization, (EBITDA), Adjusted EDITDA and Adjusted EBITDA margin are not financial measures calculated in accordance with generally accepted accounting principles (GAAP) in the United States. EBITDA represents NET income (loss) before depreciation and amortization expense, Interest expense depreciation and amortization. Adjusted EBITDA excludes from EBITDA other non-cash expenses that may appear from time to time, share based payment costs and deferred stock compensation. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by total revenue. These non-GAAP financial measures are used by management to evaluate operating performance and to forecast future results. The Company believes these are important supplemental measures of operating performance because they eliminate items that have less bearing on its operating performance and so highlight trends in its core business that may not otherwise be apparent when relying solely on GAAP financial measures. The Company believes the presentation of these measures is relevant and useful for investors because it enables them to view performance in a manner similar to the method used by the Company's management, helps improve their ability to understand the Company's operating performance and makes it easier to compare the Company's results with other companies that may have different depreciation and amortization policies, non-cash share based compensation programs, net interest or tax rates. A limitation of these measures, however, is that they exclude depreciation and amortization, which represent the periodic costs of certain capitalized tangible and intangible assets used in generating revenues in the Company's business. In addition, Adjusted EBITDA has the limitation of not reflecting the effect of the Company's non-cash expenses, share based payment costs and deferred stock compensation. EBITDA or Adjusted EBITDA should not be regarded as an alternative to operating income, net income or as indicators of operating performance, nor should they be considered in isolation of, or as substitutes for financial measures prepared in accordance with GAAP. The Company believes that operating income is the most directly comparable GAAP financial measure to EBITDA and Adjusted EBITDA. Because not all companies use identical calculations, these presentations may not be comparable to other similarly titled measures of other companies.

Conference Call

The conference call will take place at 4:30 p.m. eastern time today. 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.

Safe Harbor

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about ProLink Holdings Corp. (ProLink). Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of ProLink's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements which are set forth in greater detail in the Company's filings with the Securities and Exchange Commission from time to time. The information set forth herein should be read in light of such risks. ProLink does not assume any obligation to update the information contained in this press release.

For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2337 or email info@goprolink.com.

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

ProLink Holdings Corp.

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

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

Solar EnerTech Announces Fiscal 2008 Third Quarter Financial Results

-- Fiscal 3Q08 Revenue Increases 577% to $10.3 Million Compared to 3Q07 -- -- 3Q08 Sequential Revenue Increases 194% from 2Q08 --

MENLO PARK, Calif., Aug. 14 /Xinhua-PRNewswire-FirstCall/ -- Solar EnerTech Corp. (BULLETIN BOARD: SOEN) (the "Company") today announced results for the third quarter of fiscal year 2008.

For the fiscal 2008 third quarter ended June 30, 2008, total revenue increased 577% to $10.3 million compared to $1.5 million in the third quarter of the prior year period. This performance also exceeded the Company's original third quarter 2008 guidance of $8.5 million to $9.5 million published on April 25, 2008. On a quarterly sequential basis, fiscal third quarter revenue increased 194%, or $6.8 million to $10.3 million, compared to $3.5 million in the fiscal 2008 second quarter period. Revenue for the fiscal 2008 third quarter was comprised of approximately $9 million of sales of the Company's solar modules and approximately $1.3 million of contract manufacturing revenue. For the contract manufacturing arrangement, silicon wafers were provided by the customer and Solar EnerTech produced solar modules based on the customer's specifications.

The Company recorded a gross margin of $37,000 for the third quarter 2008 compared to $10,000 in the same quarter 2007. The increase in gross margin in the third quarter 2008 was primarily attributable to sales of the Company's solar modules compared to the prior year period when gross margin primarily resulted from the resale of raw materials.

Selling, general and administrative expense for the three months ended June 30, 2008 decreased 43% to $1.6 million from $2.8 million for the three months ended June 30, 2007. The selling, general and administrative expense included stock-based compensation expense related to employee options of $0.5 million and $2.1 million for the three months ended June 30, 2008 and 2007, respectively. Excluding stock-based compensation expense, our selling, general & administrative costs increased by approximately $0.4 million largely from increases in professional fees, the number of employees added as we grow our business, and increased sales and marketing activities.

Total operating expense for the fiscal 2008 third quarter was $3.3 million compared to $2.8 million in the prior year period. In the 2008 third quarter, the Company incurred $2.1 million in non-cash expenses which consisted of a non-cash loss on debt extinguishment of $1.5 million related to the conversion of convertible notes into common stock and a $0.6 million non-cash stock-based compensation expense as described above. Non-cash stock compensation charges for the third quarter of 2007 were $2.1 million. Excluding these non-cash charges of $2.1 million in both the fiscal third quarter of 2008 and 2007, operating expense on a non-GAAP basis, for the third quarter of 2008 was $1.2 million, or 12% of sales, compared to $0.7 million, or 47% of sales, in the prior year third quarter period.

The Company incurred interest expense charges of $238,000 in the third fiscal quarter of 2008, primarily associated with Series A and B convertible notes. It also recorded gains of $107,000 on the change in fair market value of warrant liability.

Net loss for the fiscal 2008 third quarter was $3.5 million. Diluted earnings per share for the third quarter of both 2008 and 2007 showed a loss of ($0.03).

As of June 30, 2008, the Company had $2.7 million in cash, $2.6 million of accounts receivables, $5.0 million of prepayments primarily for purchase of raw materials, as well as $9.3 million of inventories on hand. Additionally, the Company had $2.3 million of accounts payable and accrued liabilities and $4 million of accounts payable and accrued liabilities due to related parties.

Mr. Leo Young, Chief Executive Officer of Solar EnerTech commented, ''We continue to make steady progress in our business and are pleased with the better than expected increase in revenues during our fiscal third quarter. We saw strong demand from our key customer 'Sky Solar' during the quarter. Other customers we shipped to during the quarter were in Australia, Germany, Belgium, Holland and Switzerland. Ongoing margin improvement remains a high priority for our business. Our gross margin was positive this quarter and we believe we can continue to show improvement in this area of our operations. During the third quarter of 2008, approximately 36% of our solar cell modules were manufactured using internally produced solar cells which improved our margin performance, but still resulted in higher manufacturing costs due to relatively low manufacturing volume. For our upcoming fiscal fourth quarter, we expect to produce nearly all of our modules using our own cells further increasing our manufacturing volume and improving our gross margin.

We continue to focus on the highest quality of solar cell and module products for growing our customer base and view this as a differentiating factor for our company. In fact, one of our largest customers recently commented on the superiority of our branded SolarE products compared to the other vendors they use. Our product quality has benefitted significantly from our research & development effort as well as from the experienced individuals we have brought on board over the past year.

As part of our efforts to improve the quality and reputation of our solar cell products, we were also pleased to have recently secured our VDE certification which allows us to develop additional new business opportunities in the European marketplace. We plan to continue to enhance our profile and further expand our international presence by securing additional certifications, including UL and CSA certifications. As we enter into the second half of the calendar year, we remain on plan with our goal to complete our second cell production line by year end. Doing so will allow us to double our solar cell production capacity to 50MW. We also are in ongoing discussions with various suppliers in China and abroad regarding a long-term polysilicon supply contract. We expect doing so will allow us to reduce our short term polysilicon supply contracts, eliminate our need for spot market purchases and thus beneficially impact our overall margin performance. Increased global demand for highly efficient, state-of-the-art solar cells and modules continues to provide our business with very compelling growth opportunity ahead. We are encouraged with our opportunities and believe our fiscal fourth quarter revenue results have the ability to exceed our third quarter performance and believe that our gross margin will continue to show steady improvement,'' concluded Young.

About Solar EnerTech Corp.

Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated 63,000 square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. Currently, the Company is capable of producing 25MW of solar cells from its existing production line and the company is in the process of completing its second 25 MW production line to better utilize capacity and meet expected future customer demand.

Solar EnerTech has also established a Joint R&D Lab at Shanghai University to research and develop higher efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.

Safe Harbor Statement

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. Solar EnerTech undertakes no obligation to update publicly any forward-looking statements.

(Unaudited Financial Statements Follow) Solar EnerTech Corp. Consolidated Statements of Operations (Unaudited) Three Months Ended June 30, Nine Months Ended June 30, 2008 2007 2008 2007 Net sales $10,272,000 $1,517,000 $18,582,000 $1,520,000 Cost of sales (10,235,000) (1,507,000) (19,680,000) (1,513,000) Gross profit (loss) 37,000 10,000 (1,098,000) 7,000 Operating expenses: Selling, general & administrative 1,606,000 2,798,000 8,185,000 7,733,000 Research & development 198,000 7,000 483,000 113,000 Loss on debt extinguishment 1,529,000 -- 3,996,000 -- Total operating expenses 3,333,000 2,805,000 12,664,000 7,846,000 Operating loss (3,296,000) (2,795,000) (13,762,000) (7,839,000) Other income (expense): Interest income 24,000 27,000 80,000 40,000 Interest expense (238,000) (280,000) (814,000) (334,000) Loss on issuance of Convertible notes -- -- -- (15,209,000) Gain (loss) on change in fair market value of compound embedded derivative (22,000) 7,100,000 12,267,000 (5,500,000) Gain (loss) on change in fair market value of warrant liability 107,000 4,532,000 11,030,000 (5,427,000) Other expense (107,000) (267,000) (435,000) (267,000) Net income (loss) $(3,532,000) $8,317,000 $8,366,000 $(34,536,000) Net income (loss) per share - basic $(0.03) $0.11 $0.09 $(0.44) Net income (loss) per share - diluted $(0.03) $(0.03) $(0.10) $(0.44) Weighted average shares outstanding - basic 104,528,145 78,807,012 97,518,130 78,257,561 Weighted average shares outstanding - diluted 104,528,145 119,343,005 120,531,481 78,257,561 Solar EnerTech Corp. Consolidated Balance Sheet June 30, September 30, 2008 2007 (Unaudited) (Audited) ASSETS Current assets: Cash and cash equivalents $ 2,681,000 $ 3,908,000 Accounts receivable 2,568,000 913,000 Advance payments and other 4,955,000 6,500,000 Inventories, net 9,312,000 5,708,000 VAT taxes receivable 2,601,000 -- Other receivable 1,438,000 590,000 Total current assets 23,555,000 17,619,000 Fixed assets, net of accumulated depreciation 8,300,000 3,215,000 Deferred financing costs, net of accumulated amortization 1,860,000 2,540,000 Deposits 3,105,000 1,741,000 Total assets $ 36,820,000 $ 25,115,000 LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT) Current liabilities: Accounts payable $ 589,000 $ 2,891,000 Customer advance payment 1,184,000 1,603,000 Accrued interest expense -- 615,000 Accrued expenses 485,000 507,000 Accounts payable and accrued liabilities, related parties 3,969,000 3,969,000 Demand note payable to a related party -- 450,000 Demand notes payable -- 700,000 Derivative liabilities 2,500,000 16,800,000 Warrant liabilities 6,360,000 17,390,000 Total current liabilities 15,087,000 44,925,000 Convertible notes, net of discount 55,000 7,000 Total liabilities 15,142,000 44,932,000 STOCKHOLDER'S EQUITY (DEFICIT): Common stock - 200,000,000 shares authorized at $0.001 par value 111,616,855 and 78,827,012 shares issued and outstanding at June 30, 2008 and September 30, 2007, respectively 112,000 79,000 Additional paid in capital 70,519,000 39,192,000 Other comprehensive income 2,361,000 592,000 Accumulated deficit (51,314,000) (59,680,000) Total stockholders' equity (deficit) 21,678,000 (19,817,000) Total liabilities and stockholders' equity (deficit) $ 36,820,000 $ 25,115,000

Solar EnerTech Corp.

Contact: Bill Zima of ICR Inc. for Solar EnerTech Corp., +1-203-682-8200
(Investor Relations)

Diguang International Announces Results for Second-Quarter 2008

SHENZHEN, China, Aug. 14 /Xinhua-PRNewswire-FirstCall/ -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) (''Diguang'') today announced financial results for the second quarter, ended June 30, 2008, of the Company's 2008 fiscal year.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO ) -- Net revenue in Q2-2008 increased 89.9% to $16.9 million, compared to $8.9 million in Q2-2007; -- Gross profit in Q2-2008 was $2.2 million, advancing 71.8% from the $1.3 million recorded in Q2-2007; gross margin in Q2-2008 was 12.9%, compared to 14.3% in Q2-2007; -- The Company realized net income to common shareholders of $134,788 in Q2-2008, compared to a net loss of $660,591 in Q2-2007; -- Sales to international customers increased 79.7% to $12.9 million in Q2-2008, compared to $7.2 million in Q2-2007; sales to domestic customers increased 133.3% to $4.0 million from $1.7 million in Q2-2007; -- The sale of CCFL products increased 122.6% in Q2-2008, to $10.7 million, compared to $4.8 million in Q2-2007; the sale of LED products increased 34.2% to $5.5 million in Q2-2008, compared to $4.1 million in Q2-2007 LED sales; -- The Company earned revenues from new and recently introduced products, including Liquid Crystal Modules (''LCM'') and LED general lighting products, which accounted for $621,000 and $87,000, respectively.

Revenue for the second quarter advanced 89.9% to $16.9 million, from $8.9 million in the second quarter last year. The increase was primarily attributed to accelerated orders from Taiwanese and Korean customers to capture more market share in a slowing global market; continued large deliveries of mid size CCFL products to our key Korean customer; the significant shift from mid size CCFL to LED backlights as their recognition of our low cost solution, and the additional delivery of LCD module (''LCM'') assemblies, including LCD panel and backlight units.

International sales totaled $12.9 million for the quarter ended June 30, 2008, an increase of 79.7%, compared to $7.2 million in international sales for the quarter ended June 30, 2007. The increase was primarily driven by the increased demand for backlights by our customers, as well as for LCM assemblies using both CCFL and LED technologies.

Sales to domestic (China) customers were $4.0 million in the second quarter of 2008, a 133.3% increase from the $1.7 million reported in the second quarter of 2007. The increase in domestic sales was primarily attributed to the sales of mid-size LED products delivered to a new domestic customer.

Cost of sales was $14.7 million in the second quarter of 2008, up 93.0% from $7.6 million in the second quarter of 2007. The increase was primarily attributed to increased sales volumes and higher costs for the raw materials used in backlight production.

Gross margin for the second quarter of 2008 totaled 12.9%, a slight decline from 14.3% in the second quarter of 2007. The decline was primarily due to continuing pressure on prices due to competitive factors; an inability to transfer the pricing pressure to suppliers; the impact on average gross margin resulting from increased sales of CCFL LCD products; and pricing initiatives aimed at maintaining and capturing market share, as well as facilitating new products' market penetration.

Total operating expenses for the second quarter of 2008 were $1.82 million, or 10.8% of sales, compared to $2.0 million, or 22.9% of sales in the second quarter of 2007. The decrease in operating expenses was mainly attributable to a 15.2% decrease in research and development expenses and a 14.6% decrease in general and administrative expenses, offset by an 11.3% increase in selling expenses.

Share-based compensation amounted to approximately $146,000 during the second quarter of 2008, a decrease of $12,000, or 7.6%, compared with $158,000 for the second quarter of 2007.

GAAP net income was $134,788, compared with a net loss of $661,000 for the quarter ended June 30, 2007. Both basic and diluted weighted average GAAP earnings per share were $0.01 for the second quarter of 2008, compared with a loss of $0.03 for both basic and diluted weighted average EPS in the second quarter of 2007. On a non-GAAP basis adjusted for stock-based compensation, net income was $278,915, or $0.01 per share.

Earnings before interest, taxes, depreciation, and amortization (''EBITDA'') (after adjusting for the items set forth in the reconciliation table below) for the second quarter of year 2008 was $859,556, or 5.1% of net revenue, compared to negative $210,727, or negative 2.4% of net revenue, in the second quarter of 2007. The increase in EBITDA for this quarter primarily resulted from management's efforts to increase revenue and reduce expenditures. The Company computes EBITDA by adding minority interest, depreciation and amortization, non-cash stock-based compensation expense, interest expense, and provision for income taxes to its GAAP reported net income.

As of June 30, 2008, cash and equivalents were $7.6 million, plus short- term deposits of $1.5 million, compared with cash and equivalents of $16.3 million at December 31, 2007. The reduction in cash and equivalents is primarily attributable to an increase in accounts receivable because of the higher volumes of products shipped, increases in inventories, and capital expenditures for expanded manufacturing capacity. The Company has no long- term debt.

''The market for LCD backlights, especially in medium size units, has become extremely competitive in the weakening global economy,'' observed Henry Song, President and Chief Executive Officer of Diguang. ''Nonetheless, we were able to achieve record quarterly revenues as display manufacturers increasingly embrace our technology solutions and our value proposition. Some of our success derives from the strategic initiatives implemented late last year in restructuring our company into distinct business units. Not only does this structure nurture better operating efficiencies, but our ability to quickly shift labor, capital and material resources between and among the units provides us with a high degree of operational flexibility, allowing us to quickly respond to market opportunities.

''I am excited about the future,'' Song continued. ''Diguang's LCD backlight business continues to grow and it is strengthened by the value added we offer our customers with liquid crystal module assembly and technology integration services. In addition, we received our first revenues from the LED general lighting initiative announced this past April. The energy savings and emissions reductions to customers adopting LED technology in general lighting are important business opportunities for us, but their implementation are also important opportunities for the Chinese people to improve our quality of life.''

''Diguang today is a much stronger company than a year ago,'' Song concluded. ''We have more customers. We have more products addressing an increased array of market opportunities. We have proven that we can earn a profit in challenging macroeconomic times. And with our LCM and LED general lighting initiatives, we have important and potentially significant sources of new business revenues in large, addressable markets that can benefit from our solutions.''

Highlights for the six months ended June 30, 2008

Net revenue was approximately $33.1 million for the six months ended June 30, 2008, an increase of $17.4 million, or 111.4%, compared to $15.7 million for the same period of the prior year.

Cost of sales was $28.3 million for the six months ended June 30, 2008, an increase of $15.3 million, or 117.5%, compared to $13.0 million for the same period of the prior year.

Overall gross margin for the six months ended June 30, 2008 was 14.6%, compared to 17.0% for the six months ended June 30, 2007.

The Company's net profit during the six months ended June 30, 2008 was $303,518, compared to a net loss of $1.7 million for the six months ended June 30, 2007.

The diluted weighted average earnings per share was $0.01 for the six months ended June 30, 2008, compared to a loss of eight cents ($0.08) per share for the six months ended June 30, 2007. EBITDA for the first six months of year 2008 was $2.0 million, or $0.09 per share, compared to negative $356,671, or negative $0.02 per share for the six months ended June 30, 2007.

Reconciliation of GAAP Net Income and EBITDA to Net (Loss) Income RECONCILIATION OF EBITDA TO NET (LOSS) INCOME Three Months Ended June 30, 2007 2008 (Unaudited) (Unaudited) Numerator: Reported (loss) income $ -660,591 134,788 Minority interest 110,116 59,871 Depreciation and Amortization 264,282 464,959 Stock based compensation 157,872 144,127 Interest expenses (net) -101,855 64,028 Income tax provision 19,449 -8,217 EBITDA $-210,727 859,556 Basic EBITDA per share $ -0.01 0.04 Diluted EBITDA per share $ -0.01 0.04 RECONCILIATION OF EBITDA TO NET (LOSS) INCOME Six Months Ended June 30, 2007 2008 (Unaudited) (Unaudited) Numerator: Reported (loss) income $-1,709,919 303,518 Minority interest 136,367 189,951 Depreciation and amortisation 503,415 964,979 Stock based compensation 785,020 283,252 Interest expenses (net) -91,003 122,454 Income tax provision 19,449 124,768 EBITDA $ -356,671 1,988,922 Basic EBITDA per share $ -0.02 0.09 Diluted EBITDA per share $ -0.02 0.09 Recent Developments

In July 2008, the Company participated in the fifth China International Solid State Lighting Exhibition (''CHINASSL''), the largest and most influential LED and solid state lighting event in China, in the Shenzhen Convention and Exhibition Center. Diguang has created a new Strategic Business Unit for LED lighting, organized to address market segments in government lighting, commercial lighting and household lighting. The Company introduced a variety of its energy-saving, environmentally friendly LED lighting products in that conference.

Teleconference and Webcast Information

Management will conduct a conference call and webcast to discuss 2008 second quarter financial results, ended June 30, 2008. The conference call and webcast will take place at 9:00 a.m. Eastern U.S. time on Friday, August 15, 2008. Anyone interested in participating should call 866-272-9941 if calling from within the United States, or 617-213-8895 if calling internationally; the passcode is 16400803.

There will be a replay available until August 22, 2008. To listen to the playback, please call 888-286-8010 if calling within the United States, or 617-801-6888 if calling internationally. Please use passcode 12087772 for the replay.

The event will also be webcast live through a link on the Company's web site at http://www.diguangintl.com/ , where a webcast archive will be available for 90 days, and is being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://www.earnings.com/ , Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents ( http://www.streetevents.com/ ), a password-protected event management site.

Use of Non-GAAP Financial Measures

Effective January 1, 2006, the Company adopted Statement of Financial Accounting Standards (SFAS) No. 123(R), which requires the Company to begin recognizing compensation expense relating to stock-based payment transactions. To supplement the Company's condensed consolidated financial statements presented on a GAAP basis, the Company provides non-GAAP financial information. The Company's management believes that these non-GAAP measures provide investors with a better understanding of how the results relate to the Company's historical performance. The additional non-GAAP information is not meant to be considered in isolation or as a substitute for GAAP financials. The non-GAAP financial information that the Company provides also may differ from the non-GAAP information provided by other companies.

About Diguang International Development Co., Ltd.

Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights, backlight technologies and LED general lighting products. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. LED general lighting represents a new product initiative for Diguang, leveraging its core technology to offer business and consumers energy savings, as well as significant environmental advantages over currently used incandescent and fluorescent lighting technologies. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.

Safe Harbor Statements

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: performance of Diguang International's web site, business conditions in China, weather and natural disasters, changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of backlights; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.

(financial tables follow) DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD. CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME(LOSS) (In US Dollars) Six Months Ended Three Months Ended June 30, June 30, 2007 2008 2007 2008 (Unaudited) (Unaudited) (Unaudited)(Unaudited) Revenues: Revenues, net $15,658,508 $33,096,769 $8,896,421 $16,897,178 Cost of sales 13,002,302 28,276,106 7,626,714 14,715,749 Gross profit 2,656,206 4,820,663 1,269,707 2,181,429 Selling expense 962,741 782,981 337,193 375,415 Research and development costs 558,347 651,603 393,849 333,869 General and administrative expenses 3,114,642 2,461,218 1,302,389 1,111,965 Income(loss) from operations (1,979,524) 924,861 (763,724) 360,180 Interest income (expense), net 91,003 (122,454) 101,855 (64,028) Investment income (loss) 87,050 29,179 87,050 249 Other income 247,368 (213,349) 43,793 (109,959) Income(loss) before income taxes (1,554,103) 618,237 (531,026) 186,442 Income tax provision 19,449 124,768 19,449 (8,217) Net income(loss) before minority interest (1,573,552) 493,469 (550,475) 194,659 Minority interests 136,367 189,951 110,116 59,871 Net income(loss) to common shareholders $(1,709,919) $303,518 $(660,591) $134,788 Weighted average common shares outstanding - basic 22,593,000 22,300,646 22,593,000 22,274,485 Earnings per share - basic (0.08) 0.01 (0.03) 0.01 Weighted average common shares outstanding - diluted 22,593,000 22,300,646 22,593,000 22,274,485 Earning per shares - diluted (0.08) 0.01 (0.03) 0.01 Other comprehensive income: Net income (1,709,919) 303,518 (660,591) 134,788 Translation adjustment 487,199 1,859,372 319,473 721,189 Other comprehensive income(loss) $(1,222,720) $2,162,890 $(341,118) $855,977 DIGUANG International DEVELOPMENT CO., LTD. CONSOLIDATED BALANCE SHEETS (In US Dollars) December 31, June 30, 2007 2008 ASSETS (Unaudited) Current assets: Cash and cash equivalents $ 16,250,727 $ 7,635,851 Short term investment in marketable securities -- 1,501,655 Accounts receivable, net of allowance for doubtful accounts $680,784 and $702,539 12,713,705 21,764,677 Inventories, net of provision $841,518 and $950,269 7,499,768 11,788,520 Other receivables, net of provision $102,574 and $109,086 389,764 390,745 VAT recoverable 407,376 89,550 Advance to suppliers 904,203 1,628,603 Deferred tax asset 86,572 86,572 Total current assets 38,252,115 44,886,173 Investment, net of impairment $622,194 and $622,194 877,806 877,806 Property and equipment, net 17,449,871 18,479,851 Construction in progress -- 22,114 Total assets $ 56,579,792 $ 64,265,944 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 18,855,416 $ 25,388,240 Advance from customers 464,281 565,856 Accruals and other payables 3,358,199 2,316,262 Accrued payroll and related expense 795,690 652,227 Income tax payable 428,217 450,756 Amount due to related parties 1,465,790 876,122 Amount due to stockholders - current 1,100,000 1,650,000 Total current liabilities 26,467,593 31,899,463 Research funding advanced 245,730 261,332 Amount due to stockholders 1,100,000 -- Total non-current liabilities 1,345,730 261,332 Total liabilities 27,813,323 32,160,795 Minority interest 1,475,361 2,505,939 Stockholders' equity: Common stock, par value $0.001 per share, 50million shares authorized, 22,593,000 shares and 22,593,000 issued, 22,340,700 shares and 22,220,150 outstanding 22,593 22,593 Additional paid-in capital 20,028,955 20,312,207 Treasury stock at cost (429,295) (567,336) Appropriated earnings 1,949,839 2,047,477 Retained earnings 3,127,110 3,332,990 Translation adjustment 2,591,906 4,451,279 Total stockholders' equity 27,291,108 29,599,210 Total liabilities and stockholders' equity $ 56,579,792 $ 64,265,944 DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD. CONSOLIDATED STATEMENTS OF CASH FLOWS Increase (Decrease) in Cash and Cash Equivalents (In US Dollars) Six Months Ended June 30, 2007 2008 (Unaudited) (Unaudited) Cash flows from operating activities: Net income (loss) $(1,709,919) $303,518 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Minority interest 136,367 189,951 Depreciation 503,415 964,979 Inventory provision -- 55,321 Share-based compensation 785,020 283,252 Changes in operating assets and liabilities: Accounts receivable (4,597,189) (8,697,643) Inventory (2,144,828) (4,136,591) Other receivables (221,198) (3,663) VAT recoverable 152,877 315,060 Prepayments and other assets 893,008 (896,937) Accounts payable 2,567,994 6,366,846 Accruals and other payable 359,851 (1,124,691) Advance from customers 319,810 93,650 Taxes payable 18,921 22,817 Net cash provided by (used in) operating activities (2,935,871) (6,264,131) Cash flows from investing activities: Purchase of fixed assets (4,285,521) (1,788,752) Disposal (purchase) of marketable securities -- (1,501,655) Cash paid for an acquisition transaction (1,977,864) -- Net cash used in investing activities (6,263,385) (3,290,407) Cash flows from financing activities: Stock repurchase -- (138,041) Due to related parties 67,213 (1,093,119) Capital infused by minority interest in North Diamond -- 737,500 Net cash provided by financing activities 67,213 (493,660) Effect of changes in foreign exchange rates 289,165 1,433,322 Net increase (decrease) in cash and cash equivalents (8,842,878) (8,614,876) Cash and cash equivalents, beginning of the period 20,550,032 16,250,727 Cash and cash equivalents, end of the period $11,707,154 $7,635,851 For more information, please contact: Company Contact: Viola Tse Diguang International Development Co., Ltd. Tel: +1-626-593-5486 Investor Relations Contact: Sean Collins, Senior Partner CCG Elite Tel: +1-310-477-9800 x202 Web: http://www.ccgelite.com/

Photo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 Diguang International Development Co., Ltd.

CONTACT: Viola Tse, Investor Relations of Diguang International
Development Co., Ltd., +1-626-593-5486; Investor Relations Contact, Sean
Collins, Senior Partner at CCG Elite, +1-310-477-9800 x202, for Diguang

Web site: http://www.diguang.com/
http://www.diguangintl.com/
http://www.earnings.com/
http://www.streetevents.com/
http://www.ccgir.com/

Zilog to Present at Security Research Associates 4th Annual Summer Technology Conference August 18, 2008 at the Omni Hotel in San Francisco.

SAN JOSE, Calif., Aug. 14 /PRNewswire-FirstCall/ -- Zilog , a leading supplier of embedded system-on-chip (SoC) solutions for consumer and industrial applications, and an industry leader in remote control and universal IR database solutions announced that its chief financial officer (CFO), Perry Grace, will present at the 4th Annual Summer Technology Conference hosted by Security Research Associates (SRA). The conference will be held on Monday, August 18, 2008 at the Omni Hotel in San Francisco and Grace will present on behalf of Zilog at 11:00 a.m.

Conference attendees will include a select group of institutional portfolio managers and analysts, and will feature CEO's and CFO's from some of the fastest growing companies in the technology sector. SRA has arranged for webcasting of company presentations during this event. To access the lobby page for the webcast of presenting companies please go to: http://www.wsw.com/webcast/sra7/.

About Zilog:

Zilog is a global supplier of application specific, embedded system-on-chip (SoC) solutions for secured transactions, consumer electronics and industrial application and an industry leader in remote control and universal IR database solutions. From its roots as an award-winning architect in the microprocessor and microcontroller industry, Zilog has evolved to become a leader in production-ready and custom-built SoC solution sets. Zilog is headquartered in San Jose, California, and employs approximately 500 people around the world, with sales offices in Asia, Europe, and North America. For more information about Zilog and its products, visit http://www.zilog.com/.

About Security Research Associates, Inc.:

Security Research Associates, Inc. (SRA) was founded in San Francisco in 1980 and, today, offers investment banking and M&A services as well as institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information about SRA see our web site at http://www.sracap.com/ or call us at 415-925-0346.

NOTE: Zilog is a registered trademark of Zilog, Inc. in the United States and in other countries. Other product and or service names mentioned herein may be trademarks of the companies with which they are associated.

Contact: Stew Chalmers Ph: 818-681-3588 E-mail: stew@positio.com

Zilog

CONTACT: Stew Chalmers, +1-818-681-3588, stew@positio.com, for Zilog

Web site: http://www.zilog.com/
http://www.sracap.com/

eCollege, DeVry University Announce Contract RenewalExtended agreement gives DeVry students continued access to convenient, flexible learning programs with eCollege

DENVER, Aug. 14 /PRNewswire-FirstCall/ -- eCollege today announced another contract renewal in its 11-year partnership with DeVry Inc., one of the largest publicly-held higher education companies in North America. Under the terms of the three-year agreement, eCollege and DeVry will continue their partnership to provide online courses to undergraduate and graduate students in the U.S. and Canada.

eCollege provides a comprehensive course management system and associated services to power DeVry Inc.'s fully online courses and blended learning courses (using both on-campus and online tools). DeVry uses the eCollege solution for DeVry University, including its Keller Graduate School of Management, Chamberlain College of Nursing, Ross University and Becker Professional Review.

"DeVry is extending our 11-year partnership with eCollege because they continue to lead the market with outstanding products, services and performance," said Steve P. Riehs, Vice President and General Manager, DeVry Online. "eCollege provides a reliable, high-quality online learning experience that is always available when our students are ready to learn."

DeVry University offers associate, bachelor's and master's degree programs in business, technology and management. In addition to 90+ locations, DeVry University students can earn their degrees completely online or through blended learning models of on-campus classes with online supplements. The university enjoys significant student success. Since 1975, DeVry University has graduated more than 230,000 undergraduate students. Of those in the active job market, 90.2% were employed in career-related positions within six months of graduation. DeVry University has been regionally accredited by the Higher Learning Commission of the North Central Association since 1981.

"DeVry University is a nationally recognized leader in online and distance education with a proven track record of meeting the growing and diverse needs of their students," said Matt Leavy, Chief Executive Officer at eCollege. "eCollege and DeVry are continuing this most productive partnership, which in the end, will offer students greater access to education and lifetime achievement."

About eCollege

eCollege, a Pearson company , is a leading provider of a comprehensive course management system and associated services to postsecondary institutions and K-12 education. The company provides an on-demand eLearning solution that supports many of the most successful, fully online degree, certificate/diploma and professional development programs in the country, and increasingly, around the world. Pearson, the international media company, is the global leader in educational publishing, assessment, information and services, helping people of all ages to learn at their own pace, in their own way. In addition to Education, Pearson's primary operations include the Financial Times Group and the Penguin Group. For more information, visit http://www.ecollege.com/ or http://www.pearson.com/.

About DeVry Inc.

DeVry Inc. is the parent organization of DeVry University, Advanced Academics, Ross University, Chamberlain College of Nursing and Becker Professional Review. DeVry University, which includes Keller Graduate School of Management, offers associate, bachelor's and master's degree programs in technology, healthcare technology, business and management. Advanced Academics provides online secondary education to school districts throughout the U.S. Ross University offers doctoral degree programs through its schools of Medicine and Veterinary Medicine. Chamberlain College of Nursing offers associate and bachelor's degree programs in nursing. Becker Professional Review, which includes Becker CPA Review and Stalla Review for the CFA Exams, provides professional education and exam review for accounting and finance professionals. For more information, visit http://www.devryinc.com/.

Pearson

CONTACT: Susan Aspey of Pearson, +1-347-421-2473,
Susan.aspey@pearson.com; or Joan Bates of DeVry Inc., +1-630-574-1949,
jbates@devry.com

Web site: http://www.pearsoned.com/
http://www.ecollege.com/
http://www.pearson.com/
http://www.devryinc.com/

TNT!! - It's Dyn-O-mite! Kyocera's Newest Handset to Join Virgin Mobile USA's No-Contract Lineup Perfect for Talkers 'n Texters AlikeAffordable New Flip Phone Joins Stable of 2008 Handset All-Stars

WARREN, N.J. and SAN DIEGO, Aug. 14 /PRNewswire-FirstCall/ -- These days it's hard to get anything -- from a pizza pie to petroleum at the pump -- for just 20 bucks. Virgin Mobile USA is about to change all that with the introduction of its newest handset, the TNT! by Kyocera Wireless. A stylish Talk N' Text (get it?) phone in a flip form factor, the TNT! is perfect for consumers who like the simple things in phones. The TNT! is now available at major retailers nationwide including Wal-Mart, Target, Best Buy and Radio Shack, and will be available at http://www.virginmobileusa.com/ beginning August 20.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE)

The TNT! has a soft-to-the-touch feel but also conveys style and a sense of durability, a perfect on-the-go accessory, all at the powerful price point of $20.

According to Matias Monges, Virgin Mobile USA's director of mobile devices, the TNT! is designed for consumers who need a reliable and attractive phone, without blowing up their wallets. "At Virgin Mobile USA we are committed to giving our customers value, service and choice they can't find anywhere else. The TNT! is a perfect embodiment of that philosophy, and shows that we can deliver it all -- from robust gear like the Wild Card from Kyocera to less expensive devices that still excel at getting the job done with style."

This affordable mobile phone brings yet another cost-effective and attractive product to Virgin Mobile USA's lineup, again offering customers a desirable handset that comes with flexible monthly plans and no annual contract. Virgin Mobile USA customers have access to a variety of calling and messaging plans without annual contracts, including the recently introduced Totally Unlimited voice plan that provides unlimited calling for $79.99 without roaming charges, activation fees or a two-year commitment.

"When it comes to style, features and performance, people are getting more than their money's worth with the TNT!" said Tom Maguire, divisional vice president of global marketing at Kyocera Wireless Corp. "Virgin Mobile USA's commitment to providing its customers incredible value extends beyond just its service plans and into its handset lineup as well. The TNT! is the latest in a long line of Kyocera phones at Virgin Mobile that deliver on this promise."

Here are a few features of the TNT! handset:

-- Sleek and small, this flip phone measures 3.5" x 1.8" x 0.6" -- all at less than 3 ounces and about the size of half a candy bar, the phone fits perfectly in the palm of the hand.

-- Designed by Kyocera Wireless and includes an external display with illuminating external caller ID

-- Comes preloaded with an array of playful games, along with downloadable animated and Real Music ringtones.

-- Sports the powerful Virgin Mobile USA user interface and Virgin XL, which means it works as great as it looks.

-- Up to 200 minutes of talk time and 5 days of standby time on a single charge, plus room for 250 contacts ensures you'll be as connected as you can possibly need to be.

About Kyocera Wireless Corp.

Kyocera Wireless Corp. is a leading supplier of innovative, feature-rich wireless devices and accessories for customers worldwide. The company is a wholly owned subsidiary of Kyocera International Inc., which acquired QUALCOMM Incorporated's consumer wireless phone business in February 2000. Based in San Diego, Kyocera Wireless leverages Japan's history of creating advanced consumer technologies around humanism and respect for the environment and blending them with a Western entrepreneurialism and style, resulting in a unique design language and a natural, user-friendly interface. For more information, please visit http://www.kyocera-wireless.com/.

Kyocera Corporation , the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of telecommunications equipment, laser printers, copiers, solar energy systems, semiconductor packages, electronic components, and industrial ceramics. During the year ended March 31, 2008, Kyocera Corporation's consolidated net sales totaled approximately US$12.9 billion (JP 1,290,436 million yen) with net income of approximately US$1.0 billion (JP 107,244 million yen).

About Virgin Mobile USA, Inc.

Virgin Mobile USA , through its operating company Virgin Mobile USA, L.P., offers millions of customers control, flexibility and choice through monthly Plans Without Annual Contracts, with national coverage powered by the Sprint PCS network. Virgin Mobile USA's full slate of smart, stylish and affordable handsets, including the Wild Card, Slash and Flare, are available at approximately 40,000 top retailers nationwide and online at http://www.virginmobileusa.com/, with Top-Up cards available at more than 140,000 locations. Virgin Mobile USA, known for its award-winning customer service, was recently rated the best prepaid wireless service for the second year in a row in the Annual PC Magazine Readers' Choice Survey, with 90% of its own customers reporting satisfaction with its service.

Virgin Mobile USA allows customers to earn free minutes in exchange for viewing advertising content online through the innovative Sugar Mama program and contributes a portion of profits from downloadable content to The RE*Generation, its pro-social initiative.

(C) 2008 Kyocera Wireless Corp. All rights reserved. Kyocera is a registered

trademark of Kyocera Corporation. VIRGIN and the Virgin Signature logo are registered trademarks of Virgin Enterprise Limited and are used under license.

All other product or service names mentioned herein are the trademarks or

service marks of their respective owners.

Photo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Virgin Mobile USA

CONTACT: Corinne Nosal of Virgin Mobile USA, +1-908-607-4234,
Corrine.nosal@virginmobileusa.com; or Andy Pray of Ruder Finn for Virgin
Mobile USA, +1-415-348-2732, praya@ruderfinn.com; or John Chier of Kyocera
Wireless Corp., +1-858-882-3543, jchier@kyocera-wireless.com; or Melody
Parrette of LPI Communications for Kyocera, +1-858-361-9731,
melody@lpicommunications.com

Web site: http://www.virginmobileusa.com/
http://www.kyocera-wireless.com/

/C O R R E C T I O N -- Cimetrix, Incorporated/In the news release, Cimetrix, Incorporated (OTC Bulletin Board: CMXX) Announces Second Quarter Financial Results, issued earlier today by Cimetrix, Incorporated over PR Newswire, we are advised by the company that in the Consolidated Condensed Statement of Operations, the income (loss) per common share, basic and diluted should be $(0.00) rather than $(0.01) for the three months ended June 30, 2007, as originally issued inadvertently. The numbers in the text of the press release, 3rd paragraph, are correct. Complete, corrected release follows:Cimetrix Announces Second Quarter Financial Results

SALT LAKE CITY, Aug. 14 /PRNewswire-FirstCall/ -- Cimetrix, Incorporated (BULLETIN BOARD: CMXX) , a leading provider of factory automation and tool control software and solutions for the global semiconductor and electronics industries, reported today financial results for its second quarter ended June 30, 2008.

Total revenues for the second quarter decreased 39% year-over-year to $995,000 from $1,621,000. The revenue mix included $700,000 in software sales and $295,000 in professional services. Total software revenues decreased 9% year-over-year. Services revenues, however, decreased 65% as many customers delayed spending plans on new projects until market conditions improve.

The Company reported a net loss of $440,000, or $0.01 per basic and diluted share, in the second quarter, compared to a net loss of $221,000, or $0.00 per basic and diluted share in the second quarter of 2008.

"As reported earlier, we had a number of budgeted projects with new customers scheduled to start earlier in the year that were delayed due to industry and economic conditions. This caused a significant decrease in revenues associated with professional services for the second quarter," said Bob Reback, president and CEO. "In April, we made appropriate adjustments to bring our cost structure in-line with anticipated lower quarterly revenues. These modifications allowed us to generate positive cash from operations during the second quarter."

Six Month Results

Six-month revenue decreased 26% to $2,350,000 from $3,177,000 in the same period last year. Software revenues increased slightly to $1,689,000 from $1,660,000, while services revenues declined to $661,000 from $1,517,000. Total operating costs and expenses decreased 14% to $3,108,000 from $3,597,000. Cimetrix reported a net loss of $819,000, or $0.03 per basic and diluted share, versus a net loss of $453,000, or $0.01 per basic and diluted share, in the same period last year. Included in the net loss was $108,000 in non-cash depreciation and amortization, $229,000 in non-cash charges associated with the Company's adoption of SFAS 123R, share-based compensation, and $62,000 in interest expense.

Highlights

-- Increase in Software Revenues. In spite of the severe year-over-year decline in semiconductor capital equipment expenditures, Cimetrix's software revenues for the first six months were up year-over-year. This increase can be attributed to the growing base of equipment suppliers using Cimetrix products.

-- Successful delivery of CIMControlFramework(TM). Cimetrix announced the availability of a new and innovative next generation tool control solution, CIMControlFramework, which is the result of a joint development project with Axcelis Technologies. Axcelis will ship its new Integra RS tool with CIMControlFramework in the third quarter.

-- First shipments to Photovoltaic market. The photovoltaic market continues to grow, attempting to harness solar power into cost-effective alternative energy. The related processes contain silicon or thin film based substrates similar to semiconductor manufacturing. Over a year ago, Cimetrix began investigating the applicability of its products in the photovoltaic market and has since taken an active role in the connectivity standards meetings. This quarter, the Company is pleased to announce the successful implementation and use of its connectivity products by a customer in this new market.

About Cimetrix Incorporated

Cimetrix designs, develops, markets, and supports factory automation and tool control software for the global semiconductor and electronics industries. A leading participant in SEMI standards development, Cimetrix's connectivity software allows for quick implementation of the SECS/GEM, GEM 300 and EDA standards. The Company's products can be found on virtually every tool type in nearly every 300mm factory worldwide. The added-value of Cimetrix's passionate support and professional services creates the industry's only complete software solution. Key products include, CIMControlFramework, CIMConnect(TM), CIM300(TM), CIMPortal and CODE(TM) (Cimetrix Open Development Environment). For more information, please visit http://www.cimetrix.com/.

Safe Harbor Statement:

The matters discussed in this news release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements about the Company's prospects for future growth and results of operations are forward-looking statements. The comments made by the Company's senior management in regards to future revenue and results are based on current expectations and involve risks and uncertainties that may adversely affect expected results including but not limited to reductions or delays in capital expenditures by semiconductor chip manufacturers, the economic climate in the markets in which the Company's products are sold, the ability of the Company to control its costs associated with providing products and services, market acceptance of the Company's products, the timing and degree of adoption of Interface A by the semiconductor industry, and other risks discussed more fully in filings by the Company with the Securities and Exchange Commission. Many of these factors are beyond the control of the Company. Reference is made to the Company's most recent filings on Forms 10-K and 10-Q, which further details such risk factors.

CIMETRIX INCORPORATED AND SUBSIDIARIES Consolidated Condensed Statements of Operations (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 Revenues: New software licenses $456,000 $504,000 $1,146,000 $1,110,000 Software license updates and product support 244,000 266,000 543,000 550,000 Total software revenues 700,000 770,000 1,689,000 1,660,000 Professional services 295,000 851,000 661,000 1,517,000 Total revenues 995,000 1,621,000 2,350,000 3,177,000 Operating costs and expenses: Cost of revenues 438,000 752,000 438,000 1,432,000 Sales and marketing 269,000 298,000 269,000 588,000 Research and development 231,000 249,000 231,000 506,000 General and administrative 402,000 411,000 402,000 845,000 Depreciation and amortization 54,000 113,000 54,000 226,000 Total operating costs and expenses 1,394,000 1,823,000 3,108,000 3,597,000 Income (loss) from operations (399,000) (202,000) (758,000) (420,000) Other income (expense): Interest income 3,000 1,000 7,000 Interest expense (41,000) (22,000) (62,000) (40,000) Total other expense, net (41,000) (19,000) (61,000) (33,000) Income (loss) before income taxes (440,000) (221,000) (819,000) (453,000) Provision for income taxes - - - - Net income (loss) $(440,000) $(221,000) $(819,000) $(453,000) Income (loss) per common share: Basic $(0.01) $(0.00) $(0.03) $(0.01) Diluted $(0.01) $(0.00) $(0.03) $(0.01) Weighted average number of shares outstanding: Basic 31,927,000 31,927,000 32,228,000 31,927,000 Diluted 31,927,000 31,927,000 32,228,000 31,927,000 CIMETRIX INCORPORATED AND SUBSIDIARIES Consolidated Condensed Balance Sheets June 30, December 31, 2008 2007 ASSETS (Unaudited) Current assets: Cash and cash equivalents $82,000 $339,000 Accounts receivable, net 586,000 1,035,000 Inventories 7,000 8,000 Prepaid expenses and other current assets 51,000 52,000 Total current assets 726,000 1,434,000 Property and equipment, net 132,000 165,000 Intangible assets, net 225,000 284,000 Goodwill 64,000 64,000 Other assets 29,000 29,000 $1,176,000 $1,976,000 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities: Accounts payable $150,000 $438,000 Accrued expenses 189,000 602,000 Deferred revenue 421,000 328,000 Notes payable - related parties, net 163,000 163,000 Current portion of notes payable and capital lease obligations 734,000 543,000 Total current liabilities 1,657,000 2,074,000 Long-term liabilities: Long-term portion of notes payable and capital lease obligations 38,000 38,000 Total long-term liabilities 38,000 38,000 Total liabilities 1,695,000 2,112,000 Commitments and contingencies Stockholders' equity: Common stock; $.0001 par value, 100,000,000 shares authorized, 31,952,432 shares issued 3,000 3,000 Additional paid-in capital 32,440,000 32,004,000 Treasury stock, at cost (49,000) (49,000) Accumulated deficit (32,913,000) (32,094,000) Total Stockholders' Deficit (519,000) (136,000) $1,176,000 $1,976,000

Cimetrix Incorporated

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

AT&T Hosts 'Kids Day at PETCO Park' for 1,000 San Diego Area KidsOuting Is the First Trip to the Ballpark for Many; 25 Local Organizations Come Together to Enjoy the Game

SAN DIEGO, Aug. 14 /PRNewswire-FirstCall/ -- More than 1,000 kids from the San Diego area are being treated to today's Padres game during "Kids Day at PETCO Park," courtesy of AT&T Inc. . For many of the children, who represent 25 local organizations from throughout San Diego County, this will be their first visit ever to a ballpark.

In addition to free tickets to the Padres vs. Brewers game, AT&T provided T-shirts and coupons for a free hot dog and soda to the children who attended. This is the second year AT&T has hosted San Diego youths at a Padres game.

"We are grateful that AT&T has again stepped up to the plate and provided this special opportunity to so many area children," said Ray King, CEO, Urban League of San Diego County. "Many of these kids are passionate about baseball but have never had an opportunity to go to a game. For many, this opportunity has been a dream come true."

Children and representatives from 25 San Diego-area organizations attended Thursday's game. They are: Boys and Girls Club of East County; Stoney's Kids / City of El Cajon Recreation Dept.; La Jolla Youth Inc., Girls Softball; Kumeyaay Kids; Boys and Girls Club of Greater San Diego; International Rescue Committee - San Diego; North San Diego County NAACP; Mottino Family YMCA; South Bay Family YMCA; Athletes For Education; National City Boys and Girls Club; Border View YMCA; Chula Vista Boys and Girls Club; Imperial Beach Little League; Imperial Beach Girls Softball; Barrio Logan College Institute; Sherman Heights Community Center; Jackie Robinson YMCA; Bayview Charities; Urban League of San Diego County; After School All-Stars; MAAC Community Charter School; Border View YMCA; City Heights Community Development Corporation; Nativity Prep Academy.

"We are delighted to host today's event, which is all about young deserving people enjoying a great day out at the game," said Mark Leslie, vice president of External Affairs for AT&T in San Diego. "Investing in the local community is a key focus for AT&T, and today's initiative is another example of our commitment to organizations that serve our region's youth."

About AT&T

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

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

AT&T Inc.

CONTACT: H. Gordon Diamond of AT&T Inc., +1-415-778-1230,
hgdiamond@att.com

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

NVIDIA is First to Ship OpenGL 3.0Beta drivers for OpenGL 3.0 API and GLSL 1.30 shading language now available

LOS ANGELES, Aug. 14 /PRNewswire-FirstCall/ -- SIGGRAPH -- Yesterday, just two days after the Khronos Group announced the new OpenGL(R) 3.0 standard, NVIDIA Corporation released beta drivers for the cross-platform, 3D graphics standard. The new drivers implement the OpenGL 3.0 API and the GLSL 1.30 shading language for both Windows XP and Windows Vista on selected GeForce(R) and Quadro(R) boards. With these drivers any developer can now explore the capabilities of the new OpenGL 3.0 specification. NVIDIA will be releasing production drivers for OpenGL 3.0 as a part of its regular driver development program. More information and the drivers are available free of charge at http://developer.nvidia.com/object/opengl_3_driver.html.

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

The OpenGL specification provides software developers a broad set of programmable 3D and 2D graphics rendering, visualization, and hardware acceleration functions, allowing a program to run on a wide variety of hardware platforms. An open, vendor-neutral standard, OpenGL is the industry's most widely used and supported programming interface and is available on major computer platforms, including Windows, Linux, and Mac OS.

"OpenGL 3.0 is a significant advance for graphics standard and we're proud that NVIDIA has played a major role in developing it," said Barthold Lichtenbelt, Manager, Core OpenGL Software at NVIDIA and chair of the OpenGL working group at Khronos. "OpenGL 3.0 will be a first-class API on both GeForce and Quadro boards. Shipping drivers two days after this new specification is released demonstrates our strong commitment to the OpenGL developer community and our partners who rely on the standard."

OpenGL is controlled by the Khronos Group and the new 3.0 version introduces dozens of new features to increase the functionality, flexibility, and performance of the open, cross-platform standard for 3D graphics acceleration. The new functionality includes: vertex array objects, enhanced vertex buffer objects, 32-bit floating-point textures, render and depth buffers, new texture compression schemes, sRGB frame buffers, and an upgraded shading language. More information on the OpenGL 3.0 specification is at http://www.khronos.org/opengl/.

About The Khronos Group

The Khronos Group is an industry consortium creating open standards to enable the authoring and acceleration of graphics and dynamic media on a wide variety of platforms and devices. Khronos standards include OpenGL and OpenGL ES. All Khronos members are able to contribute to the development of Khronos specifications, are empowered to vote at various stages before public deployment, and can accelerate the delivery of their cutting-edge media platforms and applications through early access to specification drafts and conformance tests. More information is available at http://www.khronos.org/.

About NVIDIA

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

Certain statements in this press release including, but not limited to, statements as to: the beta drivers for the new OpenGL 3.0 API; the benefits and features, of the OpenGL 3.0 API; and our release of production drivers for the OpenGL 3.0 API; are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: the impact of technological development and competition; changes in consumer preferences and demands; software defects; customer adoption of different standards or competitor's products; changes in industry standards and interfaces as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward- looking statements to reflect future events or circumstances.

(C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, GeForce, and Quadro are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.

Note to editors: If you are interested in viewing additional information on NVIDIA, please visit the NVIDIA Press Room at http://www.nvidia.com/page/press_room.html

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

CONTACT: Kelly Dove of NVIDIA Corporation, +1-512-560-9360,
kdove@nvidia.com

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

LandAmerica Expands KnowYourClosing.com with Spanish Language Translation of Website

RICHMOND, Va., Aug. 14 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. , has expanded its KnowYourClosing.com website to include a Spanish language translation of the site's explanation of the entire real estate transaction process to homebuyers. KnowYourClosing.com empowers homebuyers by providing them a beginning-to-end reference of what's involved and what to expect with home purchases and closing requirements. The site's information, which includes a glossary of terms and detailed definitions, is written in everyday language making it easily understood by the greater public.

"The American Dream of home ownership unites people of all backgrounds and strengthens our nation's sense of community," said Kate Hall, Vice President -- LandAmerica. "Making the vital information found on KnowYourClosing.com available in Spanish is an important step in seeing this dream come true for the growing Hispanic homebuying population."

Hall added including a Spanish language translation of the site reflects the LandAmerica commitment to give each customer superior service, and helps the company pursue its goal of being the premier provider of real estate transaction services.

About LandAmerica Financial Group, Inc.

LandAmerica Financial Group, Inc. is a leading provider of real estate transaction services with over 650 offices and a network of more than 8,500 active agents. LandAmerica serves agent, residential, commercial and lender customers throughout the United States, Mexico, Canada, the Caribbean, Latin America, Europe and Asia. LandAmerica has been ranked Number One in the Mortgage Services Industry on Fortune's(R) 2007 and 2008 lists of America's Most Admired Companies.

LandAmerica Financial Group, Inc.

CONTACT: Pamela Pastor, Investor Relations Specialist, +1-804-267-8043,
ppastor@landam.com, or Peter Habenicht, VP - Corporate Communications,
+1-804-267-8723, phabenicht@landam.com, both of LandAmerica Financial Group,
Inc.

Web site: http://www.landam.com/
http://www.knowyourclosing.com/

PAY88 Reports Second Quarter 2008 Results Reflecting Company's Rapid Growth in China's Online Gaming Market

BARNSTEAD, N.H. and CHONGQING, China, Aug. 14 /Xinhua-PRNewswire- FirstCall/ -- Pay88 Inc. (BULLETIN BOARD: PAYI) , a rapidly growing reseller of online multiplayer game cards and Internet game time in China, today reported that net sales for the Company's second quarter, ended June 30, 2008, rose to $4,682,489. This is nearly a 277 per cent increase over $1,242,455 achieved for the same period in 2007. The gross profit for the 2008 quarter more than doubled that of the 2007 quarter, rising to $96,755 for the three months in 2008 from $30,055 for the same quarter in 2007.

For the six months ended June 30, 2008, the Company reported net sales of $10,186,569, an increase of approximately 334 per cent over $2,345,236 reported for the same quarter in 2007. Gross profit for the six months rose to $228,851, up from $45,462 for the same period in 2007.

The Company attributed this growth to its expanding distribution network beyond its operational base in Chongqing, the largest and most populous provincial-level municipality in China with a population of more than 31 million people. Having captured more than 80 per cent of the Chongqing market, mainly through servicing retail kiosks and internet cafes, Pay88 has expanded to marketing highly popular game cards in Sichuan Province, Yunnan Province, and Guizhou Province.

Recently the Company announced plans to invest 1 million Yuan (about $150,000) in the Ziva Company, a major information technology company located in Hangzhou, to develop a state-of-the-art online gaming platform. Pay88 also renewed its exclusive retail agreement with Kingsoft Corp. Ltd., a leading Chinese entertainment and business software developer, distributor and service provider, which is listed on the Hong Kong exchange under the symbol 3888.HK.

Guo Fan, President and CEO of Pay88, said, "We are very pleased with the increase in our sales and profits for the first half of our Fiscal Year 2008. This is the result from our careful targeting of new and growing markets in western China and our choice to distribute the best and most popular games enjoyed in these regions. Over the next 12 months, we intend to continue growing our sales force, developing more internet distribution Web sites and expanding our product lines. As our revenues and profits grow, we look forward to bringing increased returns to our shareholders."

About Pay88, Inc.

Pay88, Inc. (BULLETIN BOARD: PAYI) , through its wholly owned subsidiary Chongqing Qianbao Technology, Ltd., is a leading reseller of online multiplayer game time in China in more than 20 cities. The Company has successfully captured the leading market share of online multiplayer game time in Chongqing, a municipality of more than 31 million people that is the third fastest-growing economy in China and the gateway to central and western China. Pay88 leverages such consumer establishments as retail kiosks and internet cafes to increase its distribution of highly popular games for an increasing number of gaming companies. Over the next year, the Company will continue to develop and improve its Internet gaming platform, expand its distribution Web sites, and increase its overall product line, as well as expand into many additional cities in China.

Pay88 was incorporated in March 2005 in the State of New Hampshire, where it continues to maintain its executive headquarters, and subsequently reincorporated in Nevada in July 2005.

For additional information, visit http://www.iamseller.com/English/Index.aspx . Forward Looking Statements

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

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

Contact: Consulting for Strategic Growth 1 Investor Relations Stanley Wunderlich, CEO Tel: +1-800-625-2236 Fax: +1-646-205-7771 Email: info@cfsg1.com Website: http://www.cfsg1.com/ Media Relations Daniel Stepanek, EVP Tel: +1-646-205-7767 Fax: +1-646-205-7771 Email: dstepanek@cfsg1.com PAY88 CONDENSED CONSOLIDATED STATEMENT OF INCOME FOR THE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 2008, FOLLOWS For Three Months Ended June 30, 2008 June 30, 2007 Net Sales $4,682,489 $1,242,455 Cost of Sales 4,585,734 1,212,400 Gross Profit 96,755 30,055 Operating Expenses: Payroll and related expenses 94,976 70,701 Professional fees 80,818 15,228 Selling expenses 4,285 8,797 Website development cost -- 13,598 Other general and administrative expenses 71,643 46,850 Total Operating Expenses 251,722 155,174 Loss From Operations (154,967) (125,119) Other Income (Expenses): Interest income 586 181 Interest expense (569,162) -- Interest expense - related parties (7,881) (12,250) Total Other Income (Expense) (576,457) (12,069) Net Loss Before Income Tax (731,424) (137,188) Provision for income tax 2,519 521 Net Loss $(733,943) $(137,709) Net loss per share - basic and diluted $(0.02) $(0.01) Weighted average shares outstanding - basic and diluted 31,730,523 10,100,000 Comprehensive Loss: Net loss $(733,943) $(137,709) Other comprehensive income 56,404 4,271 Comprehensive Loss $ (677,539) $ (133,438) For Six Months Ended June 30, 2008 June 30, 2007 Net Sales $10,186,569 $2,345,236 Cost of Sales 9,957,718 2,299,774 Gross Profit 228,851 45,462 Operating Expenses: Payroll and related expenses 188,785 116,628 Professional fees 150,147 43,586 Selling expenses 6,226 12,609 Website development cost -- 27,196 Other general and administrative expenses 125,782 100,975 Total Operating Expenses 470,940 300,994 Loss From Operations (242,089) (255,532) Other Income (Expenses): Interest income 1,065 259 Interest expense (1,153,359) -- Interest expense - related parties (18,512) (15,843) Total Other Income (Expense) (1,170,806) (15,584) Net Loss Before Income Tax (1,412,895) (271,116) Provision for income tax 6,027 1,421 Net Loss $(1,418,922) $(272,537) Net loss per share - basic and diluted $(0.05) $(0.03) Weighted average shares outstanding - basic and diluted 31,259,234 10,100,000 Comprehensive Loss: Net loss $(1,418,922) $(272,537) Other comprehensive income 133,612 8,821 Comprehensive Loss $ (1,285,310) $ (263,716)

Pay88, Inc.

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

Web site: http://www.cfsg1.com/
http://www.iamseller.com/English/Index.aspx

General Dynamics Awarded $21 Million for Abrams Tank System Technical Support

STERLING HEIGHTS, Mich., Aug. 14 /PRNewswire-FirstCall/ -- The U.S. Army TACOM Life Cycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics , a $20.9 million contract for Abrams Tank Systems Technical Support (STS).

The award will fund engineering studies on Abrams main battle tanks to identify improvements and replace obsolete parts to maintain the tanks at high operational readiness rates. The work will be performed by existing General Dynamics Land Systems employees in Sterling Heights, Michigan. It is expected to be completed by December 31, 2011.

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,600 people worldwide and anticipates 2008 revenues of approximately $29.5 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at http://www.generaldynamics.com/.

General Dynamics Land Systems

CONTACT: Robin L. Porter of General Dynamics Land Systems,
+1-586-825-7141, Cell: +1-586-219-2274, porterr@gdls.com

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

LSI Industries Inc. Schedules Fourth Quarter Conference Call

CINCINNATI, Aug. 14 /PRNewswire-FirstCall/ -- LSI Industries Inc. today announced that it will conduct a conference call at 3:00 p.m. Eastern Time, Thursday, August 21, 2008 to discuss the fourth quarter and 2008 fiscal year end operating results. Individuals interested in participating in this conference call hosted by Bob Ready should call 800-270-2092. The conference call will be webcast live, with audio and supporting visual materials presented, with access through the LSI web site at http://www.lsi-industries.com/ and a replay of the call will be available after 5:00 p.m. at the same site. The Company anticipates releasing fourth quarter 2008 earnings prior to the opening of the market on Thursday, August 21, 2008.

About the Company

LSI Industries is an Image Solutions company, dedicated to advancing solid-state LED technology in lighting and graphics applications. We combine integrated technology, design, and manufacturing to supply high quality, environmentally friendly lighting fixtures and graphics elements for commercial, retail and specialty niche market applications. LSI is a U.S. manufacturer and is expanding its product offering to the international markets.

Building upon its success with the Crossover(TM) LED canopy fixture, LSI's Lighting Segment is committed to producing affordable, high performance, energy efficient lighting products, including solid-state LED light fixtures, for indoor and outdoor use. The Graphics Segment designs, produces, markets and manages a wide array of custom indoor and outdoor graphics programs including signage, menu board systems, decorative fixturing, LED displays and digital signage, and large format billboard and sports screens using solid-state LED technology. In addition, we provide design support, engineering, installation and project management for custom rollout programs for today's retail environment. The Company's technology R&D operation located in Montreal, Canada designs, produces and supports high performance light engines and large format billboard, sports and entertainment video screens using solid-state LED technology.

LSI's major markets are the commercial / industrial lighting, petroleum / convenience store, multi-site retail (including automobile dealerships, restaurants and national retail accounts), sports and entertainment markets. LSI employs approximately 1600 people in fourteen facilities located in Ohio, California, New York, North Carolina, Kansas, Kentucky, Rhode Island, Tennessee, Texas and Montreal, Canada. The Company's common shares are traded on the NASDAQ Global Select Market under the symbol LYTS.

For further information, contact either Bob Ready, Chief Executive Officer and President, or Ron Stowell, Vice President, Chief Financial Officer, and Treasurer at (513) 793-3200.

Additional note: Today's news release, along with past releases from LSI Industries, are available on the Company's internet site at http://www.lsi-industries.com/ or by fax, by calling the Investor Relations Department at (513) 793-3200.

LSI Industries Inc.

CONTACT: Bob Ready or Ron Stowell of LSI Industries Inc.,
+1-513-793-3200

Web site: http://www.lsi-industries.com/

Wireless Phone Users in Livingston County, Kentucky, Now Experience Even Clearer Reception and Fewer Dropped CallsVerizon Wireless Activates New Cell Site in Smithland

SMITHLAND, Ky., Aug. 14 /PRNewswire/ -- Verizon Wireless has activated a new cell site in Smithland that expands network coverage, enabling more customers to use their wireless phones concurrently to make voice calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site improves Verizon Wireless' voice and data network coverage in Smithland and along:

-- U.S. Route 60 in southeast Livingston County -- State Road 453 and State Road 70 in southeast Livingston County

"Our customers choose Verizon Wireless and stay with us because we deliver on our commitment to provide the most reliable network," said Greg Haller, president - Kentucky/Indiana/Michigan Region, Verizon Wireless. "We'll continue investing in our network here in Kentucky as well as across the nation so that our customers can rely on their wireless phones everywhere they go."

This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Kentucky and throughout the country. Verizon Wireless has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $250 million of this investment has been spent in Kentucky since 2000. In 2007, the company invested more than $38 million in Kentucky network improvements.

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: Michelle Gilbert of Verizon Wireless, +1-248-915-3680,
michelle.gilbert@verizonwireless.com, or Ashley Schaffner of Guthrie Mayes,
for Verizon Wireless, +1-502-625-1636, Ashley@guthriemayes.com

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

Author of 'The Obama Nation,' Dr. Jerome Corsi to Appear on 'Corporate Strategies with Tim Connolly' on August 15, 2008 at 9:30 a.m. ET

HOUSTON, Aug. 14 /PRNewswire-FirstCall/ -- Dr. Jerome Corsi, author of "The Obama Nation," will appear on "Corporate Strategies with Tim Connolly", Friday, August 15, 2008 at 9:30 am ET. The book researches democratic presidential candidate Barack Obama's personal history and political background. Dr. Corsi also authored "Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry." "The Obama Nation" is currently a number one New York Times bestseller.

The second hour of Corporate Strategies will discuss high dividend paying stocks, including Enterprise Products (EPD), GE, Dow, Harvest Energy (HTE), and Penn West Energy Trust (PWE).

Listeners may call in with questions live and toll free at 800-336-2225. Previous guests of the show have included CNBC "Mad Money" Host Jim Cramer, U.S. Senator John McCain, former SEC Chairman Arthur Levitt, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. Natural Nutrition, Inc. (OTCBB: NTNI) (http://www.naturalnutritioninc.com/) and Corporate Strategies Merchant Bankers are the lead sponsors of the Corporate Strategies Radio Show, (http://www.corporate-strategies.net/).

Corporate Strategies may be heard on over 400 affiliate stations nationwide listed at CRN1 http://www.cableradionetwork.com/ , or on the internet at http://www.corporate-strategies.net/radio . This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (http://www.corporate-strategies.net/). Noted Economist Mike King of Princeton Research provides live technical analysis for the show, and futures trader Oscar Carbone is a frequent commentator.

"Corporate Strategies with Tim Connolly" is live talk radio...with the Titans of Business who move financial markets! The show is hosted by Tim Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The Executive Producer of the show is broadcast news veteran Jan Carson, an award winning journalist with more than 20 years experience as a top rated television news anchor and reporter for NBC, ABC and CBS network affiliates. "Corporate Strategies with Tim Connolly" features financial experts from across the nation providing the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies.

Corporate Strategies, Inc.

CONTACT: Marcy Dorotik, Corporate Strategies, Inc., +1-713-337-3717,
news@corporate-strategies.net

Web site: http://www.corporate-strategies.net/
http://www.naturalnutritioninc.com/
http://www.cableradionetwork.com/
http://www.corporate-strategies.net/radio

Wireless Phone Users in Johnson County Now Experience Even Clearer Reception and Fewer Dropped CallsVerizon Wireless Activates Cell Site in Shawnee

SHAWNEE, Kan., Aug. 14 /PRNewswire/ -- Verizon Wireless, the only major carrier with a 30-day network test-drive pledge that pays for calls if a customer isn't satisfied and switches to another carrier, has activated a new cell site in Shawnee that expands network coverage and increases capacity, enabling more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; and download games and ringtones while enjoying clearer reception and fewer dropped calls.

This new cell site improves Verizon Wireless' voice and data network in and around Shawnee. Specifically, Verizon Wireless customers will experience better coverage in an area bordered by Lackman Road in the east to Nieman Road in the west, and from 61st Street in the south to Oak Grove Road in the north.

"This network enhancement reflects our ongoing commitment to meet the growing needs of our customers and to provide them with the reliable, high quality service they expect from Verizon Wireless," said Lou Sigillo, president-Kansas/Missouri Region, Verizon Wireless.

Reliable service is fundamental to customer loyalty, and Verizon Wireless boasts the highest customer loyalty in the industry, as measured by the company's low percent of customer turnover.

"The value we offer our customers is closely tied to our industry-leading customer retention," Sigillo said. "Wireless consumers today understand that value is not defined by price alone. A major reason our customers choose Verizon Wireless and stay with us is because we offer the nation's most reliable network."

This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Kansas and throughout the country. Verizon Wireless has invested $44 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services.

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: Cheryl Bini Armbrecht, Cheryl.Bini@verizonwireless.com, or
Brenda Hill, Brenda.Hill@verizonwireless.com, both of Verizon Wireless,
+1-314-920-4444; or Jessica Gardner, +1-913-660-9638,
jgardner@morningstarcomm.com, for Verizon Wireless

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

Wireless Phone Users in Hardin and Dexter, Kentucky, Now Experience Even Clearer Reception and Fewer Dropped CallsVerizon Wireless Activates New Cell Site in Hardin

HARDIN, Ky., Aug. 14 /PRNewswire/ -- Verizon Wireless has activated a new cell site in Hardin that expands network coverage, enabling more customers to use their wireless phones concurrently to make voice calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site improves Verizon Wireless' voice and data network coverage in Hardin and Dexter and along:

-- U.S. Route 641 between Almo Road and the U.S. Route 641 Bypass/Main Street split

-- State Road 80 between State Road 1949 (Wadesboro Road) and State Road 962 (Old Olive Road)

"Our customers choose Verizon Wireless and stay with us because we deliver on our commitment to provide the most reliable network," said Greg Haller, president-Kentucky/Indiana/Michigan Region, Verizon Wireless. "We'll continue investing in our network here in Kentucky as well as across the nation so that our customers can rely on their wireless phones everywhere they go."

This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Kentucky and throughout the country. Verizon Wireless has invested more than $45 billion since it was formed - $5.5 billion on average every year - to increase the coverage and capacity of its national network and to add new services. More than $250 million of this investment has been spent in Kentucky since 2000. In 2007, the company invested more than $38 million in Kentucky network improvements.

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: Michelle Gilbert of Verizon Wireless, +1-248-915-3680,
michelle.gilbert@verizonwireless.com; or Ashley Schaffner for Verizon
Wireless, +1-502-625-1636, Ashley@guthriemayes.com

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

Novellus Announces Availability and Timing of Mid-Quarter Update Conference Call Webcast for Third Quarter 2008

SAN JOSE, Calif., Aug. 14 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. , today announced that it will provide its mid-quarter update for the third quarter 2008 in a conference call to be held Thursday, August 28, 2008, beginning at 1:30 p.m. PDT. The call will be available via an audio webcast that can be accessed on Novellus' Investor Relations home page, located at http://www.novellus.com/. A replay of the webcast will be available for seven days following the conference call.

About Novellus:

Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information please visit http://www.novellus.com/.

Novellus Systems, Inc.

CONTACT: Robin S. Yim, Investor Relations of Novellus Systems, Inc.,
+1-408-943-9700

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

Today's Panasonic Plasma TVs Might Outlast Owners2008 Panasonic VIERA 1080p Plasma Line Rated To Last Up To 100,000 Viewing Hours Until Half BrightnessCould Take Approximately 42 Years to Reach Half-Brightness Based on the U.S. Daily Viewing Average of Six and a Half Hours

NEW YORK, Aug. 14 /PRNewswire/ -- Panasonic, the market leader in Plasma HDTVs and the Official HDTV of the Olympic Games, announced that its entire best-selling 2008 line of 1080p VIERA Plasma HDTVs is rated to last 100,000 hours before reaching half its original brightness. Based upon the U.S. average daily viewing time of six and a half hours, Panasonic 1080p Plasma HDTVs could on average take more than 42 years to reach half of their original brightness level.

"There has been a lot of misinformation circulating about Plasma HDTVs and longevity, and we're happy to once again set the record straight on the durability of Panasonic Plasma," said Robert Perry, Senior Vice President, Panasonic Display Products Company. "Quite simply, our Plasma TVs are built to last a very long time -- as much as 100,000 hours to half their brightness."

As recently reported in the J.D. Power and Associates and Market Force Information 2008 Television Retail Insights Report(SM), a "high proportion of recommendations of LCD sets is primarily due to retail salespersons' lack of knowledge regarding recent improvements in plasma technology."

"Plasma HDTVs have a very strong track record of exceptional durability and lifespan," said Perry. "Panasonic Plasmas have consistently been rated among the best HDTVs available by many of the most respected publications in our industry. Despite what consumers may hear from misinformed sources, Plasma is the right choice for educated consumers looking for stunning picture quality and the ultimate big-screen viewing experience."

In addition to its 1080p line of VIERA Plasma HDTVs, Panasonic's current line of two 720p VIERA Plasma HDTVs is rated to last 60,000 hours to half brightness or 25 years at six and a half hours per day.

Panasonic's VIERA Plasma line features five distinct series (PZ850; PZ800; PZ85; PZ80; PX80), all of which feature new panels, increased contrast ratios, SD Memory Card slots, Game Mode, HDMI connections, increased luminous efficiency and VIERA Link(TM) -- which allows for one-touch, single-remote integration of Panasonic components with the HDTV. New for 2008, Game Mode enhances the gaming experience by increasing responsiveness when displaying video games, making big-screen Panasonic VIERA Plasma the ideal way to enjoy video gaming.

"With the digital transition on the horizon and an increased awareness among consumers about high definition, consumers now demand blacker blacks, faster response times and the billions of colors that Panasonic Plasma is known for worldwide," said Perry. "When you also consider the tremendous customer support system behind all of our HDTVs through our exclusive VIERA Concierge program and added features like a Tuf Display glass panel that can withstand strong impacts, a VIERA Plasma HDTV is a partner you'll be able to count on for the long haul."

About Panasonic Consumer Electronics Company

Based in Secaucus, N.J., Panasonic Consumer Electronics Company (PCEC), a market and technology leader in high definition television, is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Matsushita Electric Industrial Co. Ltd. and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. Panasonic's exclusive Panasonic VIERA Concierge program is administered through its Virginia-based Call Center, recognized as a Certified "Center of Excellence" by the Center for Customer-Driven Quality(TM) at Purdue University. Panasonic is proud to support the Olympic Movement - which is aimed at promoting world peace through sports - as an Official Worldwide Olympic Partner in the Video and Audio Equipment category for more than 20 years. Information about Panasonic products is available at http://www.panasonic.com/. Additional company information for journalists is available at http://www.panasonic.com/pressroom.

Panasonic

CONTACT: Chris De Maria, +1-201-348-7182, demariac@us.panasonic.com, or
Jeff Samuels, +1-201-392-4571, samuelsj@us.panasonic.com, both of Panasonic;
or Blayne Murphy of Cohn & Wolfe, +1-212-798-9763,
blayne.murphy@cohnwolfe.com, for Panasonic

Web site: http://www.panasonic.com/
http://www.panasonic.com/pressroom
http://www.cohnwolfe.com/

Simclar, Inc. Announces Delay in Filing of Second Quarter Form 10-Q

HIALEAH, Fla., Aug. 14 /PRNewswire-FirstCall/ -- Simclar, Inc. , a multi-plant electronics contract manufacturer, announced today that it will be unable to timely file its quarterly report on Form 10-Q for the quarter ended June 30, 2008, due to potentially significant problems arising as a result of the implementation of a new ERP software system within its Mexican subsidiary. While the Company's investigation of the matter is continuing, it is confident that the problems are confined to the second quarter and do not materially affect the results reported for any previous accounting period. The Company's efforts to identify and address these problems have necessarily affected its ability to prepare and file on a timely basis its Report on 10-Q for the quarter ended June 30, 2008, both because of the diversion of the time and effort of its management to the identification and correction of the problems, and because such corrections may affect the preparation of its financial statements for the second quarter.

Statements in this news release, which relate to other than strictly historical facts, such as statements about the Company's plans and strategies, expectations for future financial performance, and markets for the Company's products and services are forward-looking statements. The words "believe," "expect," "anticipate," "estimate," "project," and similar expressions identify forward-looking statements that speak only as of the date hereof. Investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors including, but not limited to, the Company's customer concentration, debt covenants, competition, and other risks detailed in the Company's most recent Annual Report on Form 10-K and other Securities and Exchange Commission filings. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

Visit Simclar, Inc. at its website, http://www.simclar.com/ for more information about the Company.

Simclar, Inc.

CONTACT: Stephen P. Donnelly of Simclar, Inc., +1-305-556-9210

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

1-800-THE-INFO's 'Rock My Room' Promo Gives College Students a Chance to Win Ultimate Digital Gear and Other PrizesStudents and All Other Callers to Free Business Directory Assistance Service Are EligibleGrand Prize Consists of iPod Touch, Bose SoundDock Digital Music System, Flat Screen TV, Laptop Personal Computer and $500 American Express Gift Card

NEW YORK, Aug. 14 /PRNewswire/ -- The free business directory assistance service 1-800-THE-INFO will launch Friday (Aug. 15) Rock My Room -- a six-week promotion geared to students heading to college in the fall. All callers will get a chance to win great prizes when they call 1-800-THE-INFO now through Sept. 30.

"We know that 1-800-THE-INFO offers the kind of free business search options people want, and college students preparing for school or settling in can make great use of it," said Kitty Linder, president of Verizon LiveSource and Public Communications. "Storing 1-800-THE-INFO (1-800-843-4636) on their cell phones can help them quickly find a nearby business -- and they can get a text message with the number and street address, too."

Callers to 1-800-THE-INFO can use the service as many times as they want, and one call each day from the same phone number can be entered in the contest between now and 11:59 p.m. Eastern time on Sept. 30. When using 1-800-THE-INFO, callers should follow the voice prompts to enter the Rock My Room contest.

The prizes, to be awarded in October, are: -- Grand Prize - iPod Touch w/Bose SoundDock digital music system, 32-inch flat screen TV, laptop computer and a $500 American Express gift card -- 1st place - $500 Target gift card -- 2nd place - $250 Target gift card -- 3rd place - iHome clock radio for iPod -- 4th place - $75 gift certificate to iTunes -- 5th place - $50 American Express gift card

1-800-THE-INFO launched its free voice-activated local business directory assistance search in March. Callers hear a brief advertisement and then are able to use the automated voice recognition search of Verizon's national directory database. The search function is backed up by live operators so that callers are assured of immediate and accurate results for their requests.

For more information on the service or the Rock My Room contest rules, visit http://www.800theinfo.com/.

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: Ellen Yu of Verizon, +1-908-559-3496, ellen.yu@verizon.com

Web site: http://www.verizon.com/
http://www.800theinfo.com/

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

Interact Holdings Group, Inc. Names New President

SAN DIEGO, Aug. 14 /PRNewswire-FirstCall/ -- Interact Holdings Group, Inc. (Pink Sheets: IHGR) today announced that it has name Mr. William Yates as President of the Company.

Interact Holdings Group, Inc. is proud to announce the appointment of Mr. William Yates as President of the company. Mr. Yates has over 21 years of experience in the Information Technology Industry, with the last 10 years being in the Residential Technology marketplace. Mr. Yates has a Bachelors Degree in Mechanical Engineering, with a minor in Computer Science, was a Warrant Officer in the U.S. Marines where he managed crews of specialists who maintained and installed lightweight search radar technology.

"I am proud to accept the position of President of Interact Holdings Group, Inc. After much discussion it has been decided that the company will continue with its proven revenue earning business of providing customized information management systems solutions. As an adjunct we will be exploring other avenues that will enable us to increase our holdings portfolio. These new ventures will be thoroughly researched before any decisions are made, but we will be looking mostly at those things which are a good fit with the company and can show the potential for creating long term recurring revenue streams. Announcements will be forthcoming as we decide on what works well within our existing infrastructure," said Mr. Yates.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Interact Holdings Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Interact Holdings Group, Inc.

CONTACT: William Yates, Interact Holdings Group, Inc., +1-678-369-7677,
Info@InteractHoldings.com

J.D. Power and Associates Ranks Verizon Wireless Highest in Nation for Customer Care

BASKING RIDGE, N.J., Aug. 14 /PRNewswire/ -- Verizon Wireless, the leader in customer loyalty among wireless carriers, has been recognized for providing the industry's highest ranking customer care by J.D. Power and Associates in its 2008 Wireless Customer Care Performance Study(SM) -- Volume 2, released today.

The study, based on responses from more than 11,000 wireless subscribers who contacted customer care by phone, in stores or online within the past 12 months, provides a detailed report card on a semi-annual basis of wireless provider customer care performance. Based on the study's responses, Verizon Wireless ranked highest in overall customer care performance.

"We are pleased that this latest study agrees with our belief that Verizon Wireless offers the best customer experience in wireless. We know that our customers expect an outstanding experience when they call us, walk into one of our stores or deal with us online," said Jack Plating, executive vice president and chief operating officer. "We will continue to work to deliver the best customer service in the industry and to not only meet our customers' expectations, but to exceed them."

Verizon Wireless continues to enhance and expand its customer service capabilities to serve its growing customer base. In 2007, the company opened new state-of-the-art customer service centers in Lincoln, Neb., and Huntsville, Ala. Over the past three years, Verizon Wireless has opened new customer service centers in Albuquerque, N.M.; Hanover, Md.; Charleston, S.C.; Wilmington, N.C.; and Chandler, Ariz., and expanded its centers in Columbia, S.C.; Atlanta; Southfield, Mich.; and Dublin, Ohio. Verizon Wireless has also introduced an evolutionary design in new and some existing company-owned and - operated Communications Stores, offering consumers a high-tech, hands-on experience with wireless voice, data, music and video services. The stores, featuring the company's line of more than 30 wireless handsets and devices, integrate a number of innovative displays, systems and operational enhancements designed to streamline the sales process and enhance the customer experience.

Verizon Wireless is the wireless leader in customer loyalty based on customer retention and turnover rates published by the largest providers. For the past 15 quarters, Verizon Wireless had the industry's lowest customer churn rate -- the percentage of customers who disconnect their service -- an important indicator of customer loyalty.

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

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

Verizon Wireless

CONTACT: Brenda Boyd Raney, Verizon Wireless, +1-908-559-7518,
Brenda.Raney@verizonwireless.com

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

Verizon Invests $1.2 Million in Literacy, Education, Health and Safety Initiatives Across MassachusettsCompany Also Announces a Partnership to Provide Teacher Training to Use Free Educational Resources on Thinkfinity.org

BOSTON, Aug. 14 /PRNewswire/ -- Verizon continues to focus on the quality of life for Massachusetts residents by investing in a wide range of programs that strengthen literacy and education, raise awareness of domestic violence, and improve health care through the use of technology.

In the first half of 2008, the Verizon Foundation -- the philanthropic arm of Verizon Communications -- invested $1.2 million in grants that enable more than 100 nonprofit groups in Massachusetts to deliver critical services to residents.

Recently, Verizon awarded a grant to Lesley University, which, in partnership with the Massachusetts Department of Education, is creating a Massachusetts network of trainers to teach educators statewide to use free online educational resources available through Thinkfinity.org. The training will be provided on site and online, and align Thinkfinity resources with the Massachusetts Curriculum Frameworks.

Thinkfinity.org is the Verizon Foundation's comprehensive program and online portal to 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.

"Verizon believes it's important to be a leader in strengthening our communities," said Donna Cupelo, region president of Verizon Massachusetts and Rhode Island. "We serve customers in every corner of Massachusetts, and are committed to using technology to make a difference in the neighborhoods in which they live and work. By supporting organizations that are making a difference every day, together we are improving lives while contributing to the future well-being of the Commonwealth."

Among the grants awarded by Verizon in the first half of 2008 are:

-- Boys and Girls Club of Metrowest - for its Technology for All after-school program for economically disadvantaged youth. The program focuses on strengthening academic and technology skills to better prepare the children and teens to succeed in higher education and a technology-based workforce and global economy.

-- Brockton Public Schools - for its the See the Math! Intervention project that prepares second- through sixth-graders for word problems on the Massachusetts Curriculum Assessment System (MCAS) test.

-- Children's Trust Fund (CTF) - for CTF's One Tough Job Campaign, an innovative use of technology to support parents and strengthen families. Launched in April 2006, the One Tough Job Campaign (http://www.onetoughjob.org/) offers yet another resource for CTF to serve and educate all parents by providing online tips on raising their children.

-- First Literacy - to enable this adult literacy education provider to expand the LearnerWeb, an innovative Internet and telephone-based portal for distance learning, to more programs at literacy nonprofits and libraries in the Greater Boston area.

-- Junior Achievement of Eastern Massachusetts - for an innovative, interactive program called JA Titan, designed to improve students' decision-making skills while educating them about the different aspects of running a business in a competitive, technology-driven marketplace.

-- New England Area Conference of NAACP - to expand a family literacy program that engages parents to ensure that their children achieve the reading skills they need to succeed in school.

-- Northern Essex Community College - to support the HEALTHY Notes project, which will transform the college's clinical laboratories into dynamic, realistic health care settings in which students not only interact with patient simulators, but also have an opportunity to document their therapeutic and diagnostic activities by using an electronic medical record system.

-- West Springfield Public Schools - to implement a program that uses interactive whiteboard technology to help teachers reach students with a wide range of interactive and multi-media resources.

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.

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: Media contacts, Philip Santoro, +1-617-7843-4760,
philip.g.santoro@verizon.com, or Stephanie Lee, +1-617-743-5440,
stephanie.s.lee@verizon.com, both of Verizon

Web site: http://www.verizon.com/
http://www.verizon.com/foundation
http://www.thinkfinity.org/

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

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News archive of November 2009
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