Companies news

SANTA MONICA, Calif., Aug. 15 /PRNewswire-FirstCall/ -- Activision Blizzard, Inc. announced today that the record date for its previously announced two-for-one stock split will be August 25, 2008. The stock split will be effected by the issuance of a stock dividend of one additional share of our common stock for each share of our common stock issued and outstanding as of the close of business on August 25, 2008.

Upon completion of the split, the number of Activision Blizzard's common shares outstanding will be approximately 1.3 billion. The additional shares will be mailed or delivered on or about September 5, 2008, by the company's transfer agent, Continental Stock Transfer & Trust Company. Trading will begin on a split-adjusted basis on September 8, 2008.

Headquartered in Santa Monica, California, Activision Blizzard, Inc. is a worldwide pure-play online, PC and console game publisher with leading market positions across all categories of the rapidly growing interactive entertainment software industry. Activision Blizzard maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Romania, Australia, Chile, India, Japan China, South Korea and the region of Taiwan. More information about Activision Blizzard and its products can be found on the company's website, http://www.activisionblizzard.com/.

Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Blizzard's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Blizzard generally uses words such as "outlook", "will," "could," "would," "might," "remains," "to be," "plans," "believes", "may", "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to help identify forward-looking statements. Factors that could cause Activision Blizzard's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales of Activision Blizzard's titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision Blizzard's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Blizzard's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation against Activision Blizzard, maintenance of relationships with key personnel, customers, vendors and third-party developers, domestic and international economic, financial and political conditions and policies, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Blizzard's success in integrating the operations of Activision Publishing and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated. Other such factors include additional risk factors identified in Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Blizzard as of the date of this release, and Activision Blizzard assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

Activision Blizzard, Inc.

CONTACT: Kristin Southey, Vice President, Investor Relations &
Treasurer, +1-310-255-2635, ksouthey@activision.com, or Maryanne Lataif, Vice
President, Corporate Communciations, +1-310-255-2704, mlataif@activision.com,
both of Activision Blizzard, Inc.

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

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

YTB International Announces Financial Results for the Second Quarter of Fiscal 2008Total year-over-year quarterly revenue increases 36.5% to $44.8 million

WOOD RIVER, Ill., Aug. 15 /PRNewswire-FirstCall/ -- YTB International, Inc. (BULLETIN BOARD: YTBLA) ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, Bermuda, the Bahamas, the U.S. Virgin Islands, and Canada, today announced its financial results for the three and six month periods ended June 30, 2008.

Total revenue for the quarter ended June 30, 2008 increased 36.5% to $44.8 million, compared to $32.8 million for the second quarter last year. Total revenue for the six months ended June 30, 2008 increased 53.6% to $87.5 million, compared to $57.0 million for the same six-month period last year.

Scott Tomer, Chief Executive Officer of YTB, commented on the second quarter results, stating, "Our Company has experienced dramatic growth over the last 12 months, and we have witnessed an equally dramatic growth in the revenues achieved during that period. Like many rapidly growing companies, we have had to increase our spending to ensure that we have the proper infrastructure in place to support this growth, and to ensure that the quality of services that we provide does not suffer. We have worked to narrow our net loss on a sequential basis, and are committed to identifying areas for cost savings and improved efficiencies within our business."

Net loss for the second quarter of 2008 was $199,577, or $0.00 per diluted share, compared to net income of $1.7 million, or $0.02 per diluted share, for the second quarter of 2007. On a sequential basis, the Company significantly reduced its net loss from $3.5 million, or $0.03 per diluted share for the first quarter of 2008, compared to the second quarter of 2008. The loss in the second quarter of 2008 is primarily attributable to a change in the mix of marketing commissions, increased costs associated with infrastructure growth, as well as costs associated with the ongoing implementation of new business strategies company-wide.

Net loss for the six months ended June 30, 2008 was $3.7 million, or $0.04 per diluted share, compared to a net loss of $0.5 million, or $0.01 per diluted share, for the same period of 2007.

As of June 30, 2008, the Company had $0.6 million in cash and cash equivalents. Net cash provided by operating activities in the first half of 2008 was $4,694,635 as compared to cash provided by operating activities of $3,902,411 in the first half of 2007.

Mr. Tomer continued, "We are very proud to have once again been named as one of the country's leading travel agencies in Travel Weekly's 2008 Power List during the quarter, with the highest 2007 over 2006 percentage increase in travel booked of all companies on the list. Our improvement in travel bookings represented an 83.7 percent improvement, and this is a remarkable accomplishment. We understand that the rapid growth of our company is unsettling to many entrenched traditional travel industry companies, but we are also equally aware of the very real benefits of our business model. As we look to the coming quarters, we will continue to work diligently to increase shareholder value, and to ensure that we continue to provide the best products and services to the marketplace."

About YTB International

YTB International, Inc. was recognized as the 26th largest seller of travel in the U.S. in Travel Weekly's 2008 Power List, based on 2007 annual retail value of travel services booked. The Company provides Internet-based travel booking services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands.

The Company operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, provides online booking systems, collects travel commissions and pays travel commissions. Each RTA directs consumers to the YTB Internet-based travel website. The REZconnect Technologies division operates as a travel vendor relationship management company and host agency for traditional brick and mortar travel agencies. For more information, visit http://www.ytbi.com/investor.

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

(Tables Follow) This document is available on the KCSA Strategic Communications at http://www.kcsa.com/. YTB International, Inc. Condensed Consolidated Statements of Income Three months ended June 30, June 30, 2008 2007 Net revenues $44,774,310 $32,806,146 Operating expenses: Operating expenses (exclusive of depreciation and amortization shown below) 44,312,869 31,000,102 Depreciation and amortization 676,167 263,943 Total operating expenses 44,989,036 31,264,045 Income (loss) from operations (214,726) 1,542,101 Other income (expense) Interest and dividend income 82,891 131,018 Interest expense (37,074) (1,315) Foreign currency translation loss (17,148) - Total other income 28,669 129,703 Income (loss) before income tax provision (186,057) 1,671,804 Income tax provision 13,520 - Net income (loss) $(199,577) $1,671,804 Net income (loss) per share: Weighted-average shares outstanding - basic for Class A and Class B 103,183,276 96,529,578 Weighted-average shares outstanding - diluted for Class A and Class B 103,183,276 105,887,781 Net income (loss) per share - basic for Class A and Class B (amounts for Class A and Class B shares are the same under the two-class method.) $(0.00) $0.02 Net income (loss) per share - diluted for Class A and Class B (amounts for Class A and Class B shares are the same under the two-class method.) $(0.00) $0.02 YTB International, Inc. Condensed Consolidated Statements of Income Six months ended June 30, June 30, 2008 2007 Net revenues $87,501,877 $56,984,627 Operating expenses: Operating expenses (exclusive of depreciation and amortization shown below) 89,968,254 57,188,498 Depreciation and amortization 1,211,829 477,975 Total operating expenses 91,180,083 57,666,473 Loss from operations (3,678,206) (681,846) Other income (expense): Interest and dividend income 152,198 180,554 Interest expense (54,097) (3,926) Foreign currency translation loss (17,603) - Total other income 80,498 176,628 Loss before income tax provision (3,597,708) (505,218) Income tax provision 119,520 - Net loss $(3,717,228) $(505,218) Net loss per share: Weighted-average shares outstanding - basic for Class A and Class B 103,020,872 95,801,451 Weighted-average shares outstanding - diluted for Class A and Class B 103,020,872 95,801,451 Net loss per share - basic for Class A and Class B (amounts for Class A and Class B shares are the same under the two-class method.) $(0.04) $(0.01) Net loss per share - diluted for Class A and Class B (amounts for Class A and Class B shares are the same under the two-class method.) $(0.04) $(0.01) YTB International, Inc. Condensed Consolidated Balance Sheets June 30, December 31, 2008 2007 (Unaudited) ASSETS Current assets: Cash and cash equivalents $632,205 $1,730,570 Other current assets, net 33,119,185 39,039,546 Total current assets 33,751,390 40,770,116 Long-term investments, net 950,000 1,000,000 Property and equipment, net 20,727,692 15,432,502 Intangible assets, net 2,358,437 2,395,151 Goodwill 3,128,441 2,979,322 Other assets, net 100,443 316,895 TOTAL ASSETS $61,016,403 $62,893,986 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities $42,832,076 $44,417,965 Other long-term liabilities: Long-term debt, less current maturities 208,298 219,641 Other liabilities 925,281 947,946 Total other long-term liabilities 1,133,579 1,167,587 TOTAL LIABILITIES 43,965,655 45,585,552 TOTAL STOCKHOLDERS' EQUITY 17,050,748 17,308,434 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $61,016,403 $62,893,986 Investor Contacts: Yemi Rose / Garth Russell KCSA Strategic Communications 212-896-1233/ 212-896-1250

YTB International, Inc.

CONTACT: Investor Contacts: Yemi Rose, +1-212-896-1233, or Garth
Russell, +1-212-896-1250, both of KCSA Strategic Communications for YTB
International, Inc.

Web site: http://www.ytbi.com/investor

Onstream Media Corporation Fiscal Year 2008 Third Quarter Conference Call Recap

POMPANO BEACH, Fla., Aug. 15 /PRNewswire-FirstCall/ -- Onstream Media Corporation , a leading online service provider of live and on-demand digital media communications and applications, today provided a recap of the Company's conference call held on August 14, 2008. Fiscal year 2008 third quarter financial results and recent financial and business developments, as well as the outlook for the remainder of the fiscal year and the proposed Narrowstep acquisition, were discussed on the conference call.

Financial highlights of the management-led presentation included the following:

-- Quarterly revenue increased 18.7% year-over-year and Web Communications Services Group revenue increases 20.3% year-over-year. Total year-to-date revenue has increased by approximately $5.2 million, or 64.9%, to approximately $13.2 million compared to approximately $8 million last year.

-- The Webcasting division's revenues increased 25.3% year-to-date, reaching almost $4.5 million, compared to approximately $3.6 million last year. The DMSP and hosting division had year-to-date revenues of approximately $1.1 million, representing 113.3% growth.

-- Guidance was increased to a record breaking $17.5 million in revenues for the 2008 fiscal year, or 45% year-over-year revenue growth, including the contribution from Infinite Conferencing, up from previous guidance of approximately $17.0 million, or 40% growth. This guidance does not include key catalysts for growth including Qwest, the Auction Video initiatives and sales of iEncode, which are not expected to result in any meaningful revenue contribution for the remainder of fiscal 2008, although management expects them to positively impact 2009 revenues.

-- Organically, Onstream grew its revenues approximately 9% in the third quarter over the comparable prior year quarter, and has posted 16.7% organic revenue growth year-to-date. Management announced that it anticipates higher organic growth rates in fiscal 2009.

Business and product development highlights of the management-led presentation included the following:

-- The Narrowstep acquisition is anticipated to close during the first quarter of fiscal 2009 and is considered by Onstream's management to be one of, if not the last, key components of the finalization of the Digital Management Services Platform (DMSP). Research and development spending, which has recently affected operating performance, on the current projects is expected to be completed by March 31, 2009. Management indicated that a fully developed DMSP will be a complete solution for virtually any type or size customer to participate and use Internet video services to promote their products and services to targeted audiences via the web.

Randy Selman, Onstream's CEO, stated, "The overall growth in the digital media sector has been slower than analysts and management expected. However, the analysts continue to discuss and report on an expected migration of dollars being spent in the broadcasting media, which are expected to shift toward Internet-based video services. This is the wave of the future, and Onstream is at the forefront of this." He continued, "We believe the accelerating shift to Internet-based video services will soon result in a significant improvement in the overall sector's revenues. Our strong competitive position, including our large established customer base and the powerful, comprehensive offering we're creating, puts Onstream in a particularly strong competitive position as this market matures."

Elaborating on the role of the Narrowstep acquisition in Onstream's future plans, Mr. Selman responded, "Narrowstep's telvOS technology takes the DMSP platform to the next level. Integrating telvOS into the DMSP will not only provide the TV on the Web experience with all the quality, channels, and superb user experience, but also enables us to offer Web on the TV. Advertising insertion, pay per view, HD quality, playlist generator, digital rights management and advanced content management are all part of the telvOS technology. When the integration of telvOS and DMSP is completed, Onstream will have a single platform that will enable any creator of content to not only stream it on the web but make it also available to the next generation of set top boxes in the home."

-- In January, Onstream introduced iEncode(TM), a full-featured, turnkey, standalone webcasting solution. Onstream has delivered this product to key test customers and is making some adjustments to the user interface based on their feedback. Units have been shipped to several resellers and Onstream will soon launch joint sales and marketing programs with them. Negotiations with a key hardware manufacturer to joint market a combined product are underway.

-- For the more advanced users such as publishers, broadcasters and other more sophisticated content developers, Onstream will soon release the Streaming Publisher version of the DMSP. Streaming publisher provides additional features such as automated transcoding of video files, ability to define a player template, permissioning (which enables users to define access to content), secure streaming, and a reports portal.

A rebroadcast of the conference call, to be archived for one year, can be accessed online at http://www.visualwebcaster.com/event.asp?id=50412.

About Onstream Media:

Onstream Media Corporation is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.

Select Onstream Media customers include: AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Deutsche Bank, Disney, National Press Club, NHL, MGM, PR Newswire, Televisa, WireOne, Shareholder.com, and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com/ or call 954-917-6655.

Cautionary Note Regarding Forward Looking Statements

Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward-looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.

Additional Information and Where to Find It

Onstream intends to file with the SEC a Registration Statement on Form S-4, which will include a joint proxy statement/prospectus of Onstream and Narrowstep and other relevant materials in connection with the proposed transaction. THE JOINT PROXY STATEMENT/PROSPECTUS WILL BE MAILED TO THE STOCKHOLDERS OF ONSTREAM AND NARROWSTEP. INVESTORS AND SECURITY HOLDERS OF ONSTREAM AND NARROWSTEP ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND THE OTHER RELEVANT MATERIALS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ONSTREAM, NARROWSTEP AND THE PROPOSED TRANSACTION. The joint proxy statement/prospectus and other relevant materials (when they become available), and any other documents filed by Onstream or Narrowstep with the SEC, may be obtained free of charge at the SEC's web site at http://www.sec.gov/. Investors and security holders may obtain free copies of the documents filed with the SEC by Narrowstep at narrowstep.com or by contacting Narrowstep Investor Relations via telephone at (609) 945-1772. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Onstream at http://www.onstreammedia.com/ or by contacting Onstream's Investor Relations via telephone at 646-536-7331. Investors and security holders are urged to read the joint proxy statement/prospectus and the other relevant materials when they become available before making any voting or investment decision with respect to the proposed transaction.

Narrowstep and its respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Narrowstep and Onstream in favor of the proposed transaction. Information about the directors and executive officers of Narrowstep and their respective interests in the proposed transaction will be available in the joint proxy statement/prospectus.

Onstream and its respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Onstream and Narrowstep in favor of the proposed transaction. Information about the directors and executive officers of Onstream and their respective interests in the proposed transaction will be available in the joint proxy statement/prospectus

Media Relations: Chris Faust FastLane Communications 973-582-3498 cfaust@fast-lane.net Investor Relations: Brett Maas Hayden Communications 646-536-7331 brett@haydenir.com

Onstream Media Corporation

CONTACT: Media Relations: Chris Faust of FastLane Communications,
+1-973-582-3498, cfaust@fast-lane.net; or Investor Relations: Brett Maas, of
Hayden Communications, +1-646-536-7331, brett@haydenir.com

Web site: http://www.onstreammedia.com/
http://www.visualwebcaster.com/event.asp?id=50412

Interop(R) New York 2008 Introduces Energy Camp

SAN FRANCISCO, August 15 /PRNewswire/ --

- IBM's Jerry Cuomo to Kick-Off Keynote at the 'Unconference'

Interop(R), the leading business technology event, produced by TechWeb, today announced a keynote speaker for its Energy Camp unconference at Interop New York 2008. IBM's Gennaro (Jerry) Cuomo will launch this one-day, all-day program. The positive response from attendees at Interop Las Vegas 2008 led to bringing Energy Camp to the 2008 New York event. Energy Camp at Interop takes place at the Javits Convention Center in New York, September 16, 2008.

Cuomo is an IBM Fellow, VP and CTO for the WebSphere brand of products. He is one of the founding fathers of WebSphere and has spent 20 years at IBM in between the IBM Research and Software Groups. As a breakthrough innovator of solutions in the areas of high performance transactional systems, middleware appliances, enterprise application virtualization and web 2.0 technologies, Cuomo will kick-off Energy Camp -- a collaborative "unconference" dedicated to the reduction of IT's global carbon footprint. Audiences are invited to join this forum where industry stakeholders will gather together to discuss the growing impact of today's energy costs on IT's bottom line, and the overarching importance of energy conservation and utilizing greener IT solutions and methods.

"With information technology representing such a large and growing chunk of any company's budget, energy efficiency across the entire IT infrastructure isn't just an imperative for a sustainable Earth, it's an imperative for every company's bottom line," said David Berlind, Interop's Executive Conference Director and TechWeb blogger. "We're excited that IBM is participating in Energy Camp at Interop and look forward to a robust discussion with them about what IT companies can do to positively impact profits."

Following IBM's keynote address, the program will be led by James Governor. Governor is co-founder and principal analyst of RedMonk and author of the Greenmonk.net blog, a community dedicated to the use of open source and social software to improve the environment and encourage good behaviors. Sample discussions at the previous Energy Camp included 'Best Practices For Equating "Green IT" to Cost Savings,' 'Are Companies Ready to Consider Some 'Crazy' Ideas to Improve Data Center Energy Efficiency?,' 'Best Practices for Recycling and Refurbing Electronics,' and more. For more information visit: http://www.energycamp.org. To publish your thoughts and join in the discussion visit: http://www.energycamp.org/wiki/index.php/EnergyCamp.

About Interop(R)

Interop(R) drives the adoption of technology, providing knowledge and insight to help IT and corporate decision-makers achieve business success. Part of TechWeb's family of global brands, Interop is the leading business technology event series. Through in-depth educational programs, workshops, real-world demonstrations and live technology implementations in its unique InteropNet and InteropLabs programs, Interop provides the forum for the most powerful innovations and solutions the industry has to offer. As the meeting place for the global business technology community, upcoming Interop events include Interop Sao Paulo, August 12-14, 2008, Transamerica Expo Center, and Interop New York, September 15-19, 2008 Javits Convention Center, New York City. For more information visit: http://www.interop.com.

About TechWeb (formerly CMP)

TechWeb, the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3* million business technology professionals actively engage in our communities created around our global face-to-face events Interop, Web 2.0, Black Hat and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than US$2.5 billion.

*13.3 million business decision-makers: based on # of monthly connections

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

TechWeb

Natalia Wodecki, PR Manager of TechWeb, +1-415-947-6762, NWodecki@techweb.com

Enable Holdings, Inc. (Formerly uBid.com Holdings, Inc.) Announces Q2 Earnings Conference CallAsset Recovery Leader To Hold Q2 Conference Call August 18th

CHICAGO, Aug. 15 /PRNewswire-FirstCall/ -- Enable Holdings, Inc. (BULLETIN BOARD: ENAB) , the leading asset recovery solutions company for the world's most trusted brands, today announced it will hold it's Q2 Conference Call on Monday, August 18, 2008 at 4pm ET.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080814/AQTH536LOGO)

To participate in the conference call, please dial (866) 831-5605 (passcode 42422068) or follow the link for the webcast of the call at: http://phx.corporate-ir.net/playerlink.zhtml?c=73804&s=wm&e=1923207

For more information please visit http://www.enableholdings.com/. About Enable Holdings, Inc.

Enable Holdings, Inc. is the world's leading excess inventory solutions company that links brand name sellers with customers around the globe. Enable Holdings, Inc. does this through its multi-channel asset-recovery solution that includes an online auction platform located at http://www.ubid.com/, upcoming fixed-price commerce solution RedTag.com, offline excess inventory solution RedTag Live!, business-to-business solution Dibu Trading Company, and upcoming private auction software company Commerce Innovations. Brand name sellers are able to reduce excess inventory more efficiently and profitably than ever before. And however they choose to buy, shoppers now have an inside connection to the world's most trusted brands at prices far below retail. Enable Holdings, Inc. boasts more than 10 years experience in online commerce and is headquartered in Chicago, Illinois.

SEC Filings and Forward-Looking Statements

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

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080814/AQTH536LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Enable Holdings, Inc.

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

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

Mentor Graphics Responds to Cadence Announcement of Withdrawal of Acquisition Proposal

WILSONVILLE, Ore., Aug. 15 /PRNewswire-FirstCall/ -- Mentor Graphics acknowledged Cadence Design Systems' press release indicating that Cadence was withdrawing their proposal to acquire Mentor Graphics. Mentor Graphics notes that this withdrawal is inconsistent with both Cadence's recent public statements and recent communications between Mentor Graphics and Cadence. Mentor Graphics was aware that, as described in the Cadence press release, Cadence was facing challenges in obtaining financing for the transaction. Additionally, today the Federal Trade Commission (FTC) made a "second request" indicating that regulatory review of the previously proposed transaction would have been protracted.

Mentor Graphics has been working diligently to enhance shareholder value and will continue these efforts.

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world's most successful electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of over $850 million and employs approximately 4,200 people worldwide. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.

Contact: Ashley Zandy Brunswick Group 415-217-9988

Mentor Graphics

CONTACT: Ashley Zandy of Brunswick Group, +1-415-217-9988, for Mentor
Graphics

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

Interop(R) New York 2008 Introduces Energy CampIBM's Jerry Cuomo to Kick-Off Keynote at the 'Unconference'

SAN FRANCISCO, Aug. 15 /PRNewswire/ -- Interop(R), the leading business technology event, produced by TechWeb, today announced a keynote speaker for its Energy Camp unconference at Interop New York 2008. IBM's Gennaro (Jerry) Cuomo will launch this one-day, all-day program. The positive response from attendees at Interop Las Vegas 2008 led to bringing Energy Camp to the 2008 New York event. Energy Camp at Interop takes place at the Javits Convention Center in New York, September 16, 2008.

Following IBM's keynote address, the program will be led by James Governor. Governor is co-founder and principal analyst of RedMonk and author of the Greenmonk.net blog, a community dedicated to the use of open source and social software to improve the environment and encourage good behaviors. Sample discussions at the previous Energy Camp included 'Best Practices For Equating "Green IT" to Cost Savings,' 'Are Companies Ready to Consider Some 'Crazy' Ideas to Improve Data Center Energy Efficiency?,' 'Best Practices for Recycling and Refurbing Electronics,' and more. For more information visit: http://www.energycamp.org/. To publish your thoughts and join in the discussion visit: http://www.energycamp.org/wiki/index.php/EnergyCamp.

About Interop(R)

About TechWeb (formerly CMP)

*13.3 million business decision-makers: based on # of monthly connections

TechWeb

CONTACT: Natalia Wodecki, PR Manager of TechWeb, +1-415-947-6762,
NWodecki@techweb.com

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

Update: Honeywell to Present at Morgan Stanley Global Industrials CEOs Unplugged Conference

MORRIS TOWNSHIP, N.J., Aug. 15 /PRNewswire-FirstCall/ -- Honeywell today announced that Dave Anderson, Senior Vice President and Chief Financial Officer, will be presenting at the Morgan Stanley Global Industrials CEOs Unplugged Conference on Wednesday, September 10, 2008 from 12:20 to 1:00 p.m. PDT (3:20 to 4:00 p.m. EDT) in Laguna Niguel, CA.

A real-time audio webcast of the presentation and related presentation materials will be posted to http://www.honeywell.com/investor prior to the presentation. The presentation materials will be in Adobe Acrobat format. A replay of the webcast will be available following the presentation at the same link listed above for 30 days following the presentation.

Honeywell International is a $38 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit http://www.honeywell.com/.

Contacts: Media Investor Relations Robert C. Ferris Murray Grainger (973) 455-3388 (973) 455-2222 rob.ferris@honeywell.com murray.grainger@honeywell.com

Honeywell International

CONTACT: Media, Robert C. Ferris, +1-973-455-3388,
rob.ferris@honeywell.com, or Investor Relations, Murray Grainger,
+1-973-455-2222, murray.grainger@honeywell.com, both of Honeywell
International

Web Site: http://www.honeywell.com/
http://www.honeywell.com/investor

TAT Technologies Reports Second Quarter 2008 Results

GEDERA, Israel, Aug. 15 /PRNewswire-FirstCall/ -- TAT Technologies Limited , which is engaged in the manufacture, repair and overhaul of heat transfer equipment and other various accessories mainly in aircraft, reported today net income of $1,404,143 on revenues of $23,199,622 for the three months ended June 30, 2008 compared to net income of $1,923,020 on revenues of $23,064,471 for the three months ended June 30, 2007.

For the six months ended June 30, 2008 the Company reports net income of $2,903,101 derived from revenues of $45,442,969 compared to net income of $4,508,262 and revenues of $48,091,458 for the same period ended June 30, 2007.

The Company's $23,199,622 revenues for the three months ended June 30, 2008 are slightly higher compared to the $23,064,071 revenues for the three months ended June 30, 2007.

The 27% decrease in net income to $1,404,143 for the three months ended June 30, 2008 from $1,923,020 in net income for the three months ended June 30, 2007 was caused by: (i) the decrease in the net profit of our main subsidiary, Limco-Piedmont, from $1,565,000 last year (fully owned) to $624,000 this year (for our 62% ownership) which is due in part to an adjustment to inventory and a decrease in revenues which was primarily attributable to slower than anticipated parts sales which was offset by growth in MRO revenues, and (ii) a one time compensation charge of $460,000 arising from the previously announced retirement of certain managers. The quarterly results also reflect the positive addition to our net profit for the quarter of $434,000 of net income attributable to our new 37% owned subsidiary, Bental Industries Ltd.

About TAT Technologies Ltd.

TAT Technologies is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, pre-coolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition, the Company manufactures aircraft accessories and systems such as pumps, valves, power systems and turbines, and overhauls aircraft auxiliary power units (APUs), landing gear and propellers.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

TAT TECHNOLOGIES LTD. CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands U.S. dollars) (Unaudited) Three months ended Six months ended June 30, June 30, 2007 2008 2007 2008 Revenues 23,064 23,200 48,091 45,443 Gross profit 7,300 4,934 13,901 10,775 Income from operations before income taxes 3,197 1,379 6,271 3,650 Income taxes 1,274 168 1,763 557 Minority interest -- 240 -- 624 Net income 1,923 1,404 4,508 2,903 Basic income per share 0.29 0.21 0.7 0.44 Diluted income per share 0.29 0.21 0.69 0.44 Weighed average number of 6,542,671 6,542,671 6,403,782 6,542,671 basic shares outstanding Weighed average number of diluted shares outstanding 6,558,689 6,596,116 6,516,413 6,596,116

TAT Technologies Limited

CONTACT: Mr. Israel Ofen, Executive Vice-President and Chief Financial
Officer, +011-972-8-859-5411

Web site: http://www.tat.co.il/default.asp

Loud Technologies Chairman and CEO Jamie Engen to Step Down; Rodney Olson Named as Engen's Successor

WOODINVILLE, Wash., Aug. 15 /PRNewswire-FirstCall/ -- The board of directors of Loud Technologies, , a leading professional audio and music products company, today announced that Jamie Engen is stepping down from his position as chairman and chief executive officer effective immediately. The board has named Rodney Olson as the company's Chairman and CEO.

"Over the past ten years, Jamie has played a critical role in growing Loud Technologies into the industry leader that it is today. We appreciate his contributions and wish him the best," said Tom Taylor, the board member who led the search for Engen's successor. "We are fortunate to have a strong successor to take over the reins and continue our growth efforts."

Olson joins Loud Technologies after a decade with Cardinal Brands, a Kansas-based $170 million office products company, where he has served as CFO, president and, most recently, CEO for the past two years. Under Olson's leadership, the company's revenues grew 30 percent despite highly competitive market conditions. Prior to his time at Cardinal Brands, Olson served as CFO at Sabreliner Corporation, a $250 million aviation company, where he led the company's M&A activity and was integral in driving revenue and market share growth in the six years he was there.

"Rodney has a proven track record of success over his 20 years of experience in executive positions, and the board is confident he has the skills and expertise needed to lead Loud Technologies into the future," said Taylor. "His focus will be on integrating our recent acquisition of Martin Audio, while also overseeing sales and marketing to help Loud Technologies and our dealer partners drive our stable of well established brands."

About LOUD Technologies Inc.

LOUD Technologies Inc. ( http://www.loudtechinc.com/ ) is one of the world's largest manufacturers and distributors of professional audio and music products. As the corporate parent for world-recognized brands including Alvarez, Ampeg, Crate, EAW, Knilling, Mackie, Martin Audio, SIA and TAPCO, LOUD Technologies produces and distributes a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers, and orchestral string instruments. LOUD Technologies' brands can be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches and nightclubs, and retail locations and on major musical tours.

Forward-Looking Statements

Certain statements contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "intend," "will" and similar expressions are examples of words that identify forward-looking statements. These forward-looking statements include statements about the anticipated success of our management initiatives in driving future profitability, and are based on current expectations and assumptions based on information currently available to us. These forward-looking statements may be affected by the risks and uncertainties associated with our business and are qualified in their entirety by the cautionary statements and risk factor disclosure contained in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2005. We do not assume, and expressly disclaim, any obligation to update these forward-looking statements to conform them to actual results or changes in the Company's expectations.

LOUD Technologies Inc.

CONTACT: Tara Powers, tpowers@lambert-edwards.com, or Jeff Lambert, both
for LOUD Technologies Inc., +1-616-233-0500

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

New Authentidate Files Preliminary Proxy and Registration Statement on Form S-4

BERKELEY HEIGHTS, N.J. and BOULDER, Colo., Aug. 15 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. , a worldwide provider of secure workflow management software and web-based services, and Parascript, LLC, an image analysis and pattern recognition software provider, today announced that Authentidate has filed a joint proxy statement/prospectus with the Securities and Exchange Commission for the special meetings of Authentidate and Parascript to consider approval of the merger. The registration statement on Form S-4 also covers the shares to be issued in the proposed merger.

The S-4 was filed by AHC Group Inc., the new subsidiary formed by Authentidate to implement the agreement and plan of merger. Stockholders of Authentidate and unitholders of Parascript are encouraged to read the filing, which contains important information relating to the proposed merger and the companies' businesses and operations.

The registration statement has not yet become effective and the information contained in the filing is subject to change. After the registration statement has been declared effective, a definitive joint proxy statement/prospectus will be mailed to the shareholders of Authentidate and unitholders of Parascript.

Interested parties may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC's website (http://www.sec.gov/) filed under company name "AHC Group Inc." Interested parties may also obtain these documents, free of charge, from the Company's website (http://www.authentidate.com/) under the tab "Investor Relations" and then under the heading "SEC Filings."

Not a Proxy Statement

This press release is not a proxy statement or a solicitation of proxies from the holders of common stock of Authentidate or the unit holders of Parascript and does not constitute an offer of any securities of New Authentidate for sale. Any solicitation of proxies will be made only by the joint proxy statement/prospectus of New Authentidate, Authentidate and Parascript that will be mailed to all security holders promptly after it is declared effective by the SEC. The joint proxy statement/prospectus will contain important information on the transaction. Investors and security holders of Authentidate and Parascript are urged to read the joint proxy statement/prospectus and the relevant materials when they become available.

Proxy Solicitation

Authentidate and Parascript and their respective directors, executive officers and certain other members of management and employees may be soliciting proxies from Authentidate stockholders in favor of the merger. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Authentidate stockholders in connection with the proposed merger will be set forth in the joint proxy statement/prospectus filed with the SEC as described above. You can also find information about Authentidate's executive officers and directors in its definitive proxy statement filed with the SEC on March 28, 2008. Free copies of the March 28, 2008 definitive proxy statement are available from the SEC's web site at http://www.sec.gov/ and from Authentidate using the contact information above.

About Authentidate Holding Corp.

Authentidate Holding Corp. is a worldwide provider of secure workflow management software and web-based services. The company's automated and trusted workflow solutions enable enterprises and office professionals to employ rules-based electronic forms, intelligent routing and transaction management, electronic signing, content authentication, identity credentialing and verification and web and fax based communication capabilities. Customer benefits from the company's offerings include increased revenues, reduced costs, improved productivity and service levels, automated audit trails, enhanced compliance with regulatory requirements and the reduction of paper- based processes. The company has offices in the United States and Germany. In the United States we offer our patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM).

About Parascript

The Parascript image analysis suite extracts meaningful information from images. Employing patented digital image analysis and pattern recognition technologies, the Parascript image analysis suite automates costly data entry and improves decision quality in medical imaging, postal and payment automation, fraud detection and forms processing operations. Parascript software processes over 100 billion imaged documents per year. Fortune 500 companies, postal operators, major government and financial institutions rely on Parascript products. Organizations include the U.S. Postal Service, Bowe Bell & Howell, CheckFree -- now part of Fiserv, Elsag, Lockheed Martin, NCR, Siemens and Unisys.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. New Authentidate, Authentidate and Parascript desire to avail themselves of certain "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are therefore including this special note to enable them to do so. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of New Authentidate, Authentidate and Parascript are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. These risks and uncertainties include, but are not limited to, those set forth under "Risk Factors" in the joint proxy statement/prospectus. Such risks and uncertainties may be detailed from time to time in the reports filed with the SEC by New Authentidate and Authentidate. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by New Authentidate or Authentidate or any other person that the objectives and plans of New Authentidate or Authentidate will be achieved.

For: Authentidate Holding Corp. Investor Contacts: Media Contacts: Todd Fromer / Garth Russell Erika Kay KCSA Worldwide KCSA Worldwide 212-896-1215 / 212-896-1250 212-896-1208 tfromer@kcsa.com / grussell@kcsa.com ekay@kcsa.com For: Parascript, LLC Jeffrey Gilb Chief Executive Officer 303-381-3100 jeff.gilb@parascript.com

Authentidate Holding Corp.; Parascript, LLC

CONTACT: For Authentidate Holding Corp., Investors, Todd Fromer,
+1-212-896-1215, tfromer@kcsa.com or Garth Russell, +1-212-896-1250,
grussell@kcsa.com, or Media, Erika Kay, +1-212-896-1208, ekay@kcsa.com, all of
KCSA Worldwide; or for Parascript, LLC, Jeffrey Gilb, Chief Executive Officer,
+1-303-381-3100, jeff.gilb@parascript.com

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

Circuit City Offers Tips for Last-Minute Back-to-School Shoppers

RICHMOND, Va., Aug. 15 /PRNewswire-FirstCall/ -- Circuit City is offering last-minute shopping tips to help American families who are scrambling to prepare their students for college.

The U.S. Department of Education predicts almost 18.4 million students will be enrolled in the nation's colleges and universities this fall. A national survey commissioned by Circuit City shows most families with college-bound students have been engaged in back-to-school shopping for two months or more. But for families who are still working to prepare their students, there are strategies that can help get the job done.

College bound students are all about electronics ... they depend on their tech gear for work and for play.

-- Hands-down, students say the computer is the device they find most useful at college ... 79% of students told the Circuit City survey that the computer is THE most important tech tool they use (cell phones came in a distant second at 11%)

-- In our survey, six out of ten college students said their universities either require or recommend they bring their own computer to school

Do some homework ... it will save time later

-- Go to your student's college Web site and look for the technical requirements they've set for computers

-- Go online to look for bargains and determine which PCs meet your student's needs. You can even compare notes with other students and families at http://www.circuitcity.com/citycenter

-- Visit a store that carries leading brand-name computers ... so you can compare the models side by side

Save some money ...

-- This time of year is a great time for bargains on computers. Manufacturers are getting ready to introduce new models, so retailers are marking down existing inventory to make way for the new merchandise

Don't forget accessories ... -- Printer, ink, paper -- Ethernet cables -- Web cam

-- Powered speakers (your student probably uses the computer to store and play music)

-- Portable memory (such as thumb drives) Protect your investment ... -- Power strip with surge protector -- Cable lock to secure portable laptop computers

-- Security software -- all this month, Circuit City's firedog(SM) PC services unit is offering special back-to-school deals on installation of security software and computer optimization

In spite of all best efforts, you'll probably forget something ...

-- In our survey, HALF of students told us they had forgotten some important piece of tech gear once they got to school

-- Send your student to college with a gift card they can use for those last-minute needs. In fact, you can even e-mail a Circuit City gift card to your student, who can use it online or in one of our stores

More than 2,400 college students responded to the back to school survey, which was commissioned by Circuit City Stores, Inc. and conducted by independent research firm Decision Analyst, Inc. of Arlington, TX. The survey's margin of error is plus or minus two percentage points.

About Circuit City Stores, Inc.

Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. The domestic segment operates through 701 Superstores and 9 outlet locations in 158 U.S. markets. The international segment operates through approximately 800 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com/, http://www.thesource.ca/, and http://www.firedog.com/.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO )

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Circuit City Stores, Inc.

CONTACT: Jim Babb, +1-804-486-4003, jim_babb@circuitcity.com

Web site: http://www.circuitcity.com/
http://www.circuitcity.com/citycenter

comScore Media Metrix Ranks Top 50 U.S. Web Properties for July 2008Travel Sites Continue to See Strong Gains During Summer MonthsRetail, Movie and Entertainment News Sites Keep Americans Entertained During July

RESTON, Va., Aug. 15 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly analysis of U.S. consumer activity at the top online properties for July 2008 based on data from the comScore Media Metrix service. Continuing the summer trends in Web usage observed last month, leisure-oriented categories demonstrated gains in July, including travel, retail, tickets and entertainment news.

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

"The summer months tend to draw Americans to more leisure pursuits and that was certainly the case in July," commented Jack Flanagan, executive vice president of comScore Media Metrix. "Ground travel and cruise sites gained once again, as many Americans sought more budget-friendly ways to enjoy their summer vacations amid economic and fuel price concerns. Summer blockbusters and big celebrity news also provided a boost to the entertainment categories."

Traffic to Travel Sites Continues to Grow

Several travel categories gained in July as Americans left for summer vacations. The travel -- ground/cruise category jumped 10 percent to 12.7 million visitors, making it the top-gaining category for the month, while the travel-information category grew 7 percent to 47.6 million visitors.

The hotels/resorts category gained 6 percent to more than 34 million visitors. Some of the top-gainers in the category included Hotels.com (up 6 percent to 5.2 million), Choice Hotels International (up 8 percent to 3.2 million) and HolidayInn.com (up 11 percent to 2.7 million).

Certain Retail Categories Gain Despite Weak Economy

Despite a sluggish retail economy in the U.S., a handful of retail categories achieved traffic increases in July, possibly due to consumers shopping online instead of using expensive gasoline to drive to the store. Retail -- consumer goods sites rose 8 percent to 22.5 million visitors, including double-digit growth by Staples.com Sites (up 22 percent to 6.5 million visitors), Office Depot (up 12 percent to 4.8 million visitors), and DisneyShopping.com (up 32 percent to 1.6 million visitors).

Meanwhile, the retail - mall category increased 7 percent to 28 million visitors, led by AOL Shopping with 6.3 million visitors (up 19 percent), MSN Shopping with 5.8 million visitors and QVC Sites with 5 million visitors.

The Dark Knight and other Summer Movies Drive Traffic to Ticket Sites

With the release of several highly anticipated summer films, most prominently The Dark Knight, retail - ticket sites grew 5 percent to more than 44 million visitors as movie goers pre-purchased tickets to avoid long lines and sell outs at theaters. Moviefone led the category with 17.5 million visitors (up 12 percent), while Fandango posted a 29-percent gain to 9.3 million visitors and MovieTickets.com jumped 13 percent to 4.7 million visitors.

Hot Celebrity Gossip Stories Prompt Growth at Entertainment News Sites

July was packed with major celebrity stories including the birth of Angelina and Brad's twins and Christie Brinkley's public divorce, which helped boost the entertainment news category 5 percent to 52.7 million visitors. Gossip site omg! led the category with more than 16 million visitors, a 19-percent gain from June, followed by TMZ with 9.7 million visitors (up 9 percent) and People with 8.8 million visitors (up 4 percent).

Top 50 Properties

Google Sites maintained its #1 position in the Top Properties ranking, reaching 141.6 million Americans in July, while Yahoo! Sites captured the second spot with 140.3 million and Microsoft Sites ranked third with 120.2 million visitors. CBS Corporation jumped 27 spots to #10 due to its recent acquisition of CNET Networks, which resulted in an incremental gain of nearly 30 million visitors to the property. Ask Network moved up two positions in the top 10 to #7 with 58.6 million visitors.

Top 50 Ad Focus Ranking

Platform-A, which includes Advertising.com, Quigo and other ad networks, led the Ad Focus ranking in July, reaching 90 percent of the 189 million Americans online. Yahoo! Network (85 percent reach) ranked second, followed by Google Ad Network (81 percent reach), and Specific Media (81 percent reach).

TABLE 1 comScore Top 10 Gaining Properties by Percentage Change in Unique Visitors* (U.S.) July 2008 vs. June 2008 Total U.S. - Home, Work and University Locations Source: comScore Media Metrix Total Unique Visitors (000) Jun-08 Jul-08 % Change Rank by Unique Visitors Total Internet : Total Audience 189,873 189,134 0 N/A CBS Corporation 20,867 48,191 131 10 The Mozilla Organization 9,634 18,323 90 42 Infospace Network 9,840 13,467 37 69 General Mills 4,230 5,779 37 185 Nordstrom, Inc. 3,810 5,201 37 205 ABCNEWS DIGITAL 5,911 8,058 36 127 GSN Games Network 4,627 6,308 36 173 Vlaze Media Networks, Inc. 6,190 8,386 35 120 GAMEVANCE.COM 4,158 5,588 34 194 EVERSAVE.COM 5,398 7,192 33 145 *Ranking based on the top 250 properties in July 2008 TABLE 2 comScore Top 10 Gaining Categories by Percentage Change in Unique Visitors (U.S.) July 2008 vs. June 2008 Total U.S. - Home, Work and University Locations Source: comScore Media Metrix Total Unique Visitors (000) Jun-08 Jul-08 % Change Total Internet : Total Audience 189,873 189,134 0 Travel - Ground/Cruise 11,484 12,663 10 Retail - Consumer Goods 20,795 22,455 8 Retail - Mall 26,123 28,068 7 Retail - Movies 25,251 26,985 7 Travel - Information 44,631 47,569 7 Travel - Hotels/Resorts 32,282 34,095 6 Online Gambling 12,038 12,648 5 Retail - Tickets 42,166 44,228 5 Entertainment - News 50,315 52,735 5 Career Services and Development 59,031 61,544 4 TABLE 3 comScore Top 50 Properties (U.S.) July 2008 Total U.S. - Home, Work and University Locations Unique Visitors (000) Source: comScore Media Metrix Rank Property Unique Unique Visitors Rank Property Visitors (000) (000) Total Internet : Total Audience 189,134 1 Google Sites 141,579 26 Verizon Communications Corporation 28,508 2 Yahoo! Sites 140,302 27 Gorilla Nation 27,896 3 Microsoft Sites 120,173 28 Superpages.com Network 27,651 4 AOL LLC 111,396 29 Yellowpages.com Network 26,139 5 Fox Interactive Media 88,321 30 United Online, Inc 25,394 6 eBay 70,868 31 Expedia Inc 24,903 7 Ask Network 58,566 32 Photobucket.com LLC 24,721 8 Amazon Sites 58,462 33 Bank of America 23,933 9 Wikipedia Sites 53,129 34 CareerBuilder LLC 22,582 10 CBS Corporation 48,191 35 Real.com Network 21,877 11 Apple Inc. 46,080 36 Demand Media 21,604 12 New York Times Digital 43,853 37 Shopzilla.com Sites 21,446 13 Turner Network 43,570 38 WordPress 20,929 14 Glam Media 43,038 39 Monster Worldwide 20,496 15 Viacom Digital 42,547 40 Gannett Sites 19,484 16 FACEBOOK.COM 39,087 41 WhitePages 19,396 17 craigslist, inc. 34,157 42 The Mozilla Organization 18,323 18 Weather Channel, The 33,486 43 ESPN 18,101 19 Time Warner - Excluding AOL 31,989 44 Weatherbug Property 18,057 20 Wal-Mart 31,637 45 Travelport 17,748 21 Comcast Corporation 30,109 46 Experian Interactive 17,687 22 Disney Online 29,475 47 Cox Enterprises Inc. 17,650 23 Adobe Sites 29,403 48 iVillage.com: The Womens Network 17,412 24 AT&T, Inc. 29,306 49 Hearst Corporation 17,389 25 Target Corporation 28,542 50 WebMD Health 17,277 TABLE 4 comScore Ad Focus Ranking (U.S.) July 2008 Total U.S. - Home, Work and University Locations Unique Visitors (000) Source: comScore Media Metrix Unique Unique Visitors Reach Visitors Reach Rank Property (000) % Rank Property (000) % Total Internet : Total Audience 189,134 100% 1 Platform-A**+ 171,062 90% 26 Undertone Networks** 81,372 43% 2 Yahoo! Network** 160,355 85% 27 Centro 78,276 41% 3 Google Ad Network** 153,529 81% 28 MYSPACE.COM* 75,295 40% 4 Specific Media** 153,258 81% 29 Vibrant Media** 73,978 39% 5 ValueClick Networks** 148,401 78% 30 Ybrant - Oridian - ADdynamix Network** 73,461 39% 6 Tribal Fusion** 142,736 75% 31 YOUTUBE.COM 73,322 39% 7 Yahoo! 138,309 73% 32 NNN Total Newspapers: U.S. 69,184 37% 8 YuMe Video Network - Media Partners ++ 136,455 72% 33 Gorilla Nation Media 65,759 35% 9 Google 133,184 70% 34 Ask Network 58,566 31% 10 adconion media group** 130,155 69% 35 MSN.COM Home Page 57,585 30% 11 Casale Media Network** 129,944 69% 36 EBAY.COM 57,007 30% 12 Traffic Marketplace**127,758 68% 37 IAC Ad Solutions - Media Partners 54,639 29% 13 DRIVEpm** 125,312 66% 38 TattoMedia** 53,854 28% 14 Revenue Science** 123,381 65% 39 Kontera** 53,328 28% 15 interCLICK** 122,496 65% 40 AMAZON.COM 48,336 26% 16 24/7 Real Media** 120,359 64% 41 MapQuest 47,441 25% 17 AOL Media Network 111,396 59% 42 Vizi Inc** 47,408 25% 18 CPX Interactive**110,918 59% 43 NNN Top 25 47,178 25% 19 MSN-Windows Live 105,967 56% 44 Real Cities Network 47,075 25% 20 Tremor Media - Media Partners 104,687 55% 45 IB Local Network 47,029 25% 21 ADSDAQ by ContextWeb** 103,431 55% 46 PrecisionClick** 43,605 23% 22 Turn, Inc** 93,171 49% 47 AdOn Network** 42,655 23% 23 Burst Media** 91,054 48% 48 Epic Advertising (Azoogle Network Only)** 40,435 21% 24 Collective Media** 89,560 47% 49 FACEBOOK.COM 39,087 21% 25 AdBrite** 81,520 43% 50 EBAY.COM Home Page 38,732 20% Reach % denotes the percentage of the total Internet population that viewed a particular entity at least once in July. For instance, Yahoo! was seen by 73 percent of the 189 million Internet users in July. * Entity has assigned some portion of traffic to other syndicated entities. ** Denotes an advertising network. + The Platform A ad network is an aggregation of ad servers used by the following individual advertising network entities: Advertising.com, Tacoda, AOL, Quigo and Userplane. ++ comScore has verified that a legitimate business relationship exists between YuMe and Microsoft through documentation provided. Therefore the YuMe Video Network - Media Partners entity meets all current rules for inclusion as a custom entity in the Ad Focus category. About comScore Media Metrix

comScore Media Metrix provides industry-leading Internet audience measurement services that report details of online media usage, visitor demographics and online buying power for the home, work and university audiences across local U.S. markets and across the globe. comScore Media Metrix reports are used by financial analysts, advertising agencies, publishers and marketers. comScore Media Metrix syndicated ratings are based on industry-sanctioned sampling methodologies.

About comScore

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

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

CONTACT: Sarah Radwanick of comScore, Inc., +1-312-775-6538,
press@comscore.com

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

Gartner Rates Satyam as 'Positive' for Business Intelligence and Performance Management Services

HYDERABAD, India, Aug. 15 /PRNewswire-FirstCall/ -- Satyam Computer Services Ltd. , a leading global consulting and information technology services provider, announced today that it has been rated "Positive" in Gartner's "MarketScope for Business Intelligence (BI) and Performance Management (PM) Services, Western Europe, 2008."*

"Satyam provides innovative BI and PM solutions to customers in a broad range of industries and regions, with particular recent success in Europe, the Middle East and Africa," said Venkat Narayanan, Satyam's BI and PM Practice Head, EMEA**. "We are committed to helping our customers transform their organizations to solve complex business problems and achieve superior results, and we are pleased with Gartner's evaluation, which will enable us to continue on our path."

Satyam's BI and PM professionals provide end-to-end data warehousing, BI and analytics solutions that turn companies' voluminous data into a strategic asset. As a result, organizations can make fast, accurate decisions and serve their own customers more effectively.

"This ranking reinforces the efforts we are making in Europe to apply uncommon insight to our customers' businesses," said Sarvesh Kumar, Satyam's BI and PM Practice Head, Europe. "It also inspires our teams to collaborate with clients on deeper levels and continue to deliver superior solutions."

[*] Gartner "MarketScope Business Intelligence and Performance Management Services, Western Europe, 2008 by Susanne Karlsson, Neil Chandler, Alex Soejarto

[**] Europe, Middle East, Africa About Satyam

Satyam Computer Services Ltd. is a global IT consulting and services provider, offering a range of expertise aimed at helping customers re-engineer and re-invent their businesses to compete successfully in an ever-changing market. Nearly 52,000* highly-skilled professionals in Satyam work Onsite, Offsite, Offshore and Nearshore, to provide customized IT solutions for companies across several industries.

Satyam's ideas and products have resulted in technology-intensive transformations that have met the most stringent of international quality standards. Satyam Development Centers in India, the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, China, Japan and Australia serve 670* global companies, including more than one-third of Fortune 500. Satyam's presence spans 66* countries, across six continents. For more information, see http://www.satyam.com/.

Figures as of Jun 30, 2008 About the MarketScope

The MarketScope is copyrighted 2008 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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

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

Satyam Computer Services Ltd.

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

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

BOOMj.com has Record Month in July; Breaks Into the Top 1,200 Websites, Receives Over 1.36 Million Unique Users and Eclipses 8.5 Million Page Views

LAS VEGAS, Aug. 15 /PRNewswire-FirstCall/ -- BOOMj, Inc. (BULLETIN BOARD: BOMJ) http://www.boomj.com/, the leading social network for Baby Boomers and Generation Jonesers, garnered record unique visits and page views for the month of July. Based on Compete.com's data, an independent web company that tracks online traffic information and rating statistics, http://www.boomj.com/ broke into the top 1,200 most viewed websites, received over 1,360,000 unique visitors and eclipsed 8,500,000 million page views in the month of July.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070131/BOOMJLOGO)

"Since our launch in mid-2007, we have focused on enhancing our social network experience by adding useful content and networking tools designed specifically for our target demographic, the 35 and up Internet users," said Wendy Borow-Johnson, President of BOOMj, Inc. "We have seen steady traffic growth since the site's launch and as our community has coalesced we have continued to gain more of the Boomer market share. Our users have been very receptive to the site and these new traffic rankings confirm we are continuing to develop appealing offerings."

BOOMj offers Internet users over the age of 35 focused content and breaking news in health, finance, politics, technology, entertainment and lifestyle integrated with social networking tools and e-commerce on line shopping. BOOMj membership is free and active members are provided with reward points redeemable as cash in the BOOMj Store. BOOMj's leadership team has experience in media, retailing and e-commerce and is at the forefront of growing the premier destination for Baby Boomers and Generation Jones.

About BOOMj, Inc. (TM)

BOOMj, Inc. (TM) (BULLETIN BOARD: BOMJ) is the leading niche portal with social networking and e-commerce serving Baby Boomers and Generation Jonesers. http://www.boomj.com/ integrates content, social networking e-commerce and advertising in health, finance, politics, technology, entertainment, travel and lifestyle. For more information regarding the company, please visit: http://www.boomj.com/.

Safe Harbor Statement:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting BOOMj's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070131/BOOMJLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com BOOMj, Inc.

CONTACT: Stephanie Packard of BOOMj, Inc., +1-949-679-7000,
Stephanie@boomj.com

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

Verizon Wireless Rolls Out Evolutionary Store Design in Londonderry, New HampshireNew Nashua Road Location Provides Enhanced Hands-On Experience for Customers

LONDONDERRY, N.H., Aug. 15 /PRNewswire/ -- Verizon Wireless is breaking new ground in the U.S. wireless retail experience today with the introduction of its evolutionary store design in Londonderry, New Hampshire. The 4,100 square foot store, located at 68 Nashua Road, offers consumers a high-tech and hands-on experience with wireless voice, data, music and video services.

The store design -- incorporated in new Verizon Wireless stores around the country in 2008 -- features a bright new design and integrates a number of innovative systems and operational enhancements designed to streamline the sales process and enhance the customer experience, including:

-- Notebook computers demonstrating BroadbandAccess, the company's high-speed wireless Internet service geared toward mobile professionals, business customers, and on-the-go college students. Verizon Wireless cell sites in New Hampshire and across New England offer wireless broadband connectivity.

-- More than 55 working models of handsets, PC cards and other devices for customers to try.

-- A greeter kiosk that allows customers to check in once they enter the store and list their wireless needs, so representatives can quickly assist them.

-- A Bill Payment Kiosk that allows customers to make account payments quickly and easily using checks, cash or credit/debit cards.

-- Customer Service and Technical Support personnel, making it easy for customers to get account information, customer service and address technical issues from trained in-store staff.

-- A dedicated demo zone where customers can explore, experiment and learn using interactive touch-screens or be guided by product-savvy sales staff.

"The Londonderry location provides increased customer service and shopping convenience to area residents," said Verizon Wireless District Manager Larry Flynn. "Increasing demand for Verizon Wireless' products, such as wireless broadband Internet, is driving our network and store expansions across New England."

Verizon Wireless has invested more than $45 billion since it was formed to increase the coverage and capacity of its national network. Regionally the company has invested nearly $2.2 billion into its New England network, including over $292 million in 2007 alone.

The new Verizon Wireless Communications Store is open Monday through Saturday 9:00 a.m. to 9:00 p.m. and Sunday from 10:00 a.m. to 6:00 p.m., and can be reached at (603) 421-1784.

The new design has been introduced in more than 100 new locations around the country, including Nashua, New Hampshire and Boston, Massachusetts. The new design will be introduced in additional locations -- either new or existing -- throughout the rest of 2008.

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: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.murphy@verizonwireless.com; or David Thomson of Thomson Communications
for Verizon Wireless, +1-978-808-7700, David@thomsoncommunications.com

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

Sielox Reports Second Quarter Sales Growth of 82.5% and Significant Improvement in Financial Performance

RUNNEMEDE, N.J., Aug. 15 /PRNewswire-FirstCall/ -- Sielox, Inc. (BULLETIN BOARD: SLXN) , a developer, designer and distributor of security solution and industrial vision products, announced today its results for the second quarter and six month periods ended June 30, 2008. Total revenue reached $7.3 million for the second quarter and $13.9 million for the first six months of 2008, representing increases of 82.5% and 69.5%, respectively, when compared to the same periods in 2007. Operating income for the second quarter improved year-over-year by $212 thousand to $12 thousand. The Company's net loss for the second quarter improved year-over-year by $162 thousand to $(10) thousand.

Sam Cassetta, Chief Executive Officer of Sielox, stated, "I'm pleased to report significant improvement in Sielox's financial progress in the second quarter in which the addition of new products, an aggressive sales strategy and an improved sales force began yielding results. Sielox's innovative products and world-class support and service have made the Company the vendor of choice for several Fortune 500 companies who seek to invest in store security and surveillance."

He added, "The integration of Sielox's two divisions, Costar Video Systems and Sielox LLC, has generated cost efficiencies and synergies in sales to dealer clients. The Company anticipates further improvements in revenue growth as we launch new products and technologies for the security industry."

Sielox, Inc. develops designs and distributes a wide range of security solution products such as surveillance cameras, lenses, digital video recorders, high speed domes and access control systems. The Company also develops designs and distributes industrial vision products to observe repetitive production and assembly lines, thereby increasing efficiency by detecting faults in the production process. Founded in 1986 and headquartered in Runnemede, NJ, Sielox's shares trade on the OTC market under the ticker symbol "SLXN".

A complete copy of the Company's Form 10-Q for the quarterly period ended June 30, 2008 can be downloaded at http://www.sielox.com/ (click on the Company Information link, then click on the Investor Relations link) or at the SEC's web site at http://www.sec.gov/.

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). You can identify forward-looking statements by the use of the words "believe," "expect," "anticipate," "intend," "estimate," "assume" and other similar expressions which predict or indicate future events and trends and which do not relate to historical matters. You should not rely on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors, some of which are beyond our control. Our actual results could differ materially from those set forth in the forward-looking statements.

Forward-looking statements herein are based on information, plans and estimates at the date of this release, and we do not promise to update any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes.

CONTACT: Mel Brunt Chief Financial Officer Sielox, Inc. (856) 861-4579 SIELOX, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS ($ in thousands) June 30, 2008 December 31, 2007 (unaudited) (audited) ASSETS Current assets: Cash and cash equivalents $716 $1,422 Short-term Investments 405 889 Accounts receivable, net of allowance for doubtful accounts of $40 and $25 in 2008 and 2007, respectively 4,290 3,920 Inventory, net of reserve for obsolescence of $201 and $194 in 2008 and 2007, respectively 5,694 7,005 Prepaid expenses 401 484 Total current assets 11,506 13,720 Fixed assets, net 292 354 Goodwill 1,229 1,229 Trade Name - Costar 1,587 1,587 Trademark - Sielox, LLC 300 300 Distribution agreement, net 1,321 1,358 Customer relationships, net 1,066 1,198 Proprietary technology, net 443 474 Long-term prepaid expenses 361 347 Deposits 66 67 Total assets $18,171 $20,634 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $2,401 $3,664 Accrued expenses and other 363 527 Contingent purchase price, current portion 700 700 Line of credit 1,808 1,761 Total current liabilities 5,272 6,652 Long term liability, contingent purchase price 349 983 Total liabilities 5,621 7,635 Commitments and Contingencies Stockholders' equity: Common stock, $0.001 par value; 90,000,000 shares authorized; 42,016,924 shares issued and outstanding. 42 42 Additional paid-in capital 155,788 155,774 Accumulated other comprehensive income 260 260 Accumulated deficit (139,070) (138,607) 17,020 17,469 Less: Common stock held in treasury, at cost; 6,116,241 shares at June 30, 2008 and December 31, 2007 (4,470) (4,470) Total stockholders' equity 12,550 12,999 Total liabilities and stockholders' equity $18,171 $20,634 SIELOX, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in thousands, unaudited) Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 Net revenues $7,311 $3,975 $13,895 $8,183 Cost of revenues 5,126 3,122 9,917 6,450 Gross profit 2,185 853 3,978 1,733 Selling, general and administrative expenses 2,173 1,053 4,403 1,987 Income / (Loss) from Operations 12 (200) (425) (254) Other Income (expense) Interest income 9 47 25 82 Interest expense (31) (19) (63) (31) Total other income (expense), net (22) 28 (38) 51 Net Income / (Loss) $(10) $(172) $(463) $(203) Net loss per share: Basic $ - $(0.01) $(0.01) $(0.01) Diluted $ - $(0.01) $(0.01) $(0.01) Weighted average number of common shares outstanding: Basic and diluted 35,982 23,692 35,982 23,692 SIELOX, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ($ in thousands; unaudited) Six Months Ended June 30 2008 2007 CASH FLOWS FROM OPERATING ACTIVITIES: Net Loss $(463) $(203) Adjustments to reconcile net loss to net cash used in operating activities Stock based compensation 14 Depreciation and amortization 287 192 Provision for doubtful accounts 14 (1) Change in cash attributable to changes in operating assets and liabilities Accounts receivable, net (384) (325) Inventories, net 1,311 (535) Prepaid expense 83 (1) Long term prepaid expenses (14) 119 Accounts payable (1,263) 99 Accrued expense and other current liabilities (164) 31 Net cash used in operating activities (579) (624) CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sale of short term investments 484 Purchase of fixed assets (25) (60) Payment of earn out provision related to Southern Imaging (634) (542) Net cash used in investing activities (175) (602) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from line of credit 47 399 Deposits 1 Net cash provided by financing activities 48 399 NET DECREASE IN CASH AND CASH EQUIVALENTS (706) (827) CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,422 2,938 CASH AND CASH EQUIVALENTS, END OF PERIOD $716 $2,111 SUPPLEMENTAL DISCLOSURE CASH FLOW INFORMATION: Cash paid for interest $39 $33

Sielox, Inc.

CONTACT: Mel Brunt, Chief Financial Officer, Sielox, Inc.,
+1-856-861-4579

Honeywell to Present at Morgan Stanley Global Industrials CEOs Unplugged Conference

MORRIS TOWNSHIP, N.J., Aug. 15 Honeywell today announced that Dave Anderson, Senior Vice President and Chief Financial Officer, will be presenting at the Morgan Stanley Global Industrials CEOs Unplugged Conference on Wednesday, September 10, 2008 from 12:20 to 1:00 p.m. PDT (9:20 to 10:00 a.m. EDT) in Laguna Niguel, CA.

Contacts: Media Investor Relations Robert C. Ferris Murray Grainger (973) 455-3388 (973) 455-2222 rob.ferris@honeywell.com murray.grainger@honeywell.com

Honeywell International

CONTACT: Media, Robert C. Ferris, +1-973-455-3388,
rob.ferris@honeywell.com, or Investor Relations, Murray Grainger,
+1-973-455-2222, murray.grainger@honeywell.com, both of Honeywell
International

Web Site: http://www.honeywell.com/
http://www.honeywell.com/investor

AT&T Tees Up Calling Center Tents at Barclays 2008

PARAMUS, N.J., Aug. 15 /PRNewswire-FirstCall/ -- In anticipation of the crowds expected at Barclays 2008, AT&T Inc. will provide call center tents so spectators can make safe and courteous cell phone calls at the Ridgewood Country Club.

As part of their "Be Sensible" campaign launched in 2002, AT&T encourages the public to be safe and courteous when using wireless devices. Through friendly, thought-provoking programs the goal of Be Sensible is to ultimately generate a change in thinking and behavior among all wireless users. Elements include everything from Public Service announcements reminding patrons to silence their wireless phones that are produced by today's hottest film makers and aired in 1,200 theaters nationwide to a nationally recognized Teen Driving and Safety education campaign.

"AT&T is proud to be a sponsor of this prestigious sporting event. We're doing everything possible to make sure our customers have a great network experience when using AT&T devices appropriately during the tournament," said Tom DeVito, vice president and general manager for AT&T's wireless division in New Jersey and New York.

In the call center tents attendees will be able to place wireless calls, check e-mails on a variety of smart devices, and surf the Internet on laptops -- all on the AT&T third generation (3G) mobile broadband network. Plus spectators can also catch up on other sporting events such as the Olympics by checking Mobile TV.

According to data from leading third party researchers who specialize in testing mobile networks, AT&T has the nation's fastest 3G network providing the fastest downlink and uplink data speeds. The technology used by AT&T enables customers to simultaneously use voice and data features -- something not available with all carriers. The 3G network is available in more than 305 metropolitan areas including Bergen County and is expected to reach nearly 350 by year end. AT&T offers 3G data roaming in more than 60 countries and voice calling in more than 200. Customers can also use their wireless services aboard 120 cruise ships worldwide.

About AT&T

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

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

AT&T Inc.

CONTACT: Ellen Webner of AT&T Inc., Office, +1-973-775-1321, Mobile,
+1-201-532-7292, ellen.webner@att.com

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

Verizon Again Delivers One-of-a-Kind NFL Network Experience to Verizon Broadband and TV CustomersLive Webcasts of NFL Preseason Games Begin Aug. 17Verizon Broadband Connection Puts Fans in Virtual Control Booth; Choice of Camera Feeds - Plus Chat, Game Statistics, Highlights and More

NEW YORK, Aug. 15 /PRNewswire/ -- Football fans who subscribe to video and wireline broadband services with Verizon will enjoy the start of NFL Network Game Extra this weekend, as NFL Network kicks off its coverage of NFL preseason games.

NFL Network Game Extra, again available only to Verizon video and wireline broadband subscribers, puts viewers in a virtual control booth and enables them to watch live, online broadcasts of NFL Network preseason and Thursday Night Football games while selecting from among multiple camera feeds. This is the second year NFL Network has offered the service, which is made possible through a one-of-a-kind agreement between Verizon and NFL Network. The service is available online to Verizon subscribers through any broadband internet connection.

Viewers of the online broadcasts will have access to alternate camera angles and live audio feeds and have the ability to view one of four camera angles, or all four angles simultaneously.

Other features include: live online chats with other NFL Network Game Extra viewers during the live games; game statistics, highlights and drive-chart simulations during the games; on-demand video highlights of the games; and special events, such as college bowl games and college all-star games including the Insight Bowl, Texas Bowl and Senior Bowl.

"NFL Network Game Extra represents the kind of online, collaborative experience Verizon FiOS TV and broadband customers expect," said Bill Heilig, vice president Verizon consumer broadband product development. "Once again, access to NFL Network Game Extra will expand customers' already rich television viewing through a highly interactive, online experience that gives them unprecedented control over what they see and hear on the field, plus the ability to take the action with them wherever they go."

The NFL Network Game Extra service is available to consumers who subscribe to either Verizon FiOS or Verizon High Speed Internet service, plus either Verizon FiOS TV or DIRECTV through Verizon. Verizon is currently the only Internet service provider to deliver NFL Network programming over broadband.

NFL Network Game Extra viewers will enjoy live, online broadcasts of two preseason and eight regular-season, primetime Thursday Night Football games, beginning with the matchup between the New England Patriots and the Tampa Bay Buccaneers Sunday, Aug. 17.

Subscribers can view the series of online broadcasts anywhere in the world through any broadband-connected computer. Local team's games can still be viewed over the air, and local television blackout restrictions may apply.

During the 2008 NFL season, all Verizon FiOS and Verizon High Speed Internet subscribers can enjoy a variety of NFL-related and NFL Network programming, including segments from such shows as "NFL Total Access," fantasy football game updates from NFL.com, and "Playbook," the definitive show breaking down each week's match-ups, at verizon.net/nfl.

Verizon provides NFL Network TV channel to subscribers of the company's 200-channel all-digital FiOS TV Premier - Verizon's standard TV package -- on channel 72 in standard definition and channel 828 in high definition.

To access the new, online NFL Network programming and content, subscribers will log on to their Verizon consumer broadband accounts and visit verizon.net/nfl.

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: Christy Reap of Verizon, +1-202-515-2443, creap@verizon.com

Web Site: http://verizon.net/nfl
http://www.verizon.com/
http://www.verizon.com/news

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

ACL Semiconductors Announces Second Quarter ResultsRevenue improves by 42.6% Net Income increases 326.7%

HONG KONG, Aug. 15 /PRNewswire-FirstCall/ -- ACL Semiconductors, Inc. (BULLETIN BOARD: ACLO) , today announced its financial results for the quarter ending June 30, 2008.

The company reported sales for the quarter ending June 30, 2008 of $45.2 million compared with $31.7 million for the second quarter ending June 30, 2007, an increase of 42.6% over the comparable period. Gross profit improved to $1.4 million for the quarterly period an increase of 173.3% over the prior year. EBITDA for the second quarter was $0.7 million versus $0.1 million for the same period in 2007, an increase of 513.9%. The company reported a 326.7% increase in net income for the second quarter to $0.4 million compared with a loss of $0.2 million for the second quarter of 2007.

In announcing the results, Chairman and CEO Alan Yang stated, "The financial performance for the second quarter is our most successful second quarter report since we became a publicly traded company in 2003. Our triple digit gain in net profit over the prior years' quarterly results is a significant accomplishment and not only underscores the company's improvement in gross and net margins, but sets a trend of growth and profit that we expect to continue throughout the rest of the year."

About the ACL Semiconductors Inc.

ACL Semiconductors Inc. ("ACL") is a principal distributor of memory products including DRAM and Flash for Samsung Electronics Co. Ltd. in Hong Kong and Southern China since 1991. ACL is now one of the largest and most successful distributors for memory products in Asia. The company has achieved annual sales in excess of one hundred million dollars since 2004. ACL has been in business in Asia for the past 18 years and, during that time, has evolved as an integral part of southern China's development while serving the OEM and ODM manufacturing base for GPS, mobile phone, UMPC, ePC, Wi-Fi products, laptop computer, server, router, workstation, desktop computer, PDA, digital camera, MP3 player, USB drive and other consumer electronics worldwide. The company has more than 200 customers in Hong Kong and southern China. ACL trades on the OTCBB under the symbol, ACLO.

Safe Harbor Act Notice

This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, competitive factors, timing, and other risks described in the company's SEC reports and filings. Third-party statements contained herein and information contained on any third-party Web site are not endorsed by or adopted by ACL Semiconductors, nor have ACL Semiconductors or its affiliates verified their accuracy.

Contact: ACL Semiconductors, Inc. Kenneth Chan, 011-852-2246-9090 Kenneth@atlantic.com.hk

ACL Semiconductors, Inc.

CONTACT: Kenneth Chan for ACL Semiconductors, Inc., +011-852-2246-9090,
Kenneth@atlantic.com.hk

China Education Alliance, Inc. Announces Second Quarter 2008 Results

HARBIN, Heilongjiang, China, Aug. 15 /Xinhua-PRNewswire-FirstCall/ -- China Education Alliance, Inc. (BULLETIN BOARD: CEUA) ("China Education Alliance" or "the Company"), a leading distributor of educational resources, offering high-quality materials and training and tutoring services through both online networks and an on-site training center in China, today reported financial results for the second quarter ended June 30, 2008.

Second Quarter 2008 Highlights -- Net revenue was $4.5 million, an increase of 2.5% from 2007 -- Gross profit was $3.7 million, an increase of 6.2% from 2007; Gross margin improved to 83.5% from 80.5% for the second quarter of 2007 -- Operating income was $1.8 million, compared to $1.9 million in 2007 -- Other income was $16,354 versus other net expense of $322,629 in 2007 -- Net income was $1.7 million, an increase of 18.9% from $1.4 million in 2007 -- Fully diluted earnings per share was $0.07, equivalent to that of 2007 -- Purchased 70% of the issued share capital of World Exchanges Inc. ("World Exchanges"), which provides English training programs, English test preparation courses and overseas study and consulting services -- Invested in a joint venture company, Harbin New Discovery Media Co., Ltd. ("Harbin Media"), to gain an additional distribution channel for educational material Second Quarter 2008 Results

Revenue in the second quarter increased to $4.5 million, up 2.5% from $4.3 million in the prior year, which was primarily attributable to the online education business and the addition of several new programs for vocational studies and certification programs.

China Education Alliance provides exam-oriented education to 11-18 year olds, middle and senior high school students, including online downloadable materials and online classrooms, as well as famous instructors' face-to-face training and tutoring services in training centers. The Company also provides vocational education to students older than 18 years of age and adults, through both on-site and training center channels.

Online education represented 86.4% of total revenue for the second quarter of 2008 versus 85.5% in the same period of last year, while the training center business generated the remaining 13.6% of total revenue for the second quarter of 2008 versus 14.5% in the second quarter last year.

"We experienced a slight increase in our revenue in this quarter led by our online education business," commented Mr. Xiqun Yu, Chairman and CEO of China Education Alliance, Inc. "We continue to dominate the online education business in Heilongjiang Province and expand into surrounding provinces."

Online education revenue was $3.9 million for the second quarter, up 3.7% from $3.7 million in the second quarter of 2007. Training center revenue for the second quarter was $604,752, a decrease of 4.3% compared to $631,770 in the second quarter of last year.

Overall cost of sales decreased 12.9% to $737,692 in the second quarter of 2008, compared to $847,395 in the same period of 2007. Gross profit increased to $3.7 million in the second quarter, up 6.2% from $3.5 million in the same quarter of 2007. Gross margin for the quarter increased to 83.5% from 80.5% in the same quarter a year ago. The improved gross margin was due to the fact that on-line education costs are somewhat fixed and margins increase with volume and an increase in advertising revenue, which has no substantial costs associated with it. This was offset by more amortization of training center related intangible assets and decreased payments to lecturers. The online education gross margin increased to 87.5% in second quarter of 2008 from 83.3% in the same period of 2007. The training center gross margin decreased to 57.9% for the three months ended June 30, 2008 from 64% in the same period of last year.

Selling expenses increased 30% to $1.4 million, compared to $1.1 million in the second quarter of 2007, reflecting increased agency fees due to more sales of debit cards. General and administrative ("G&A") expenses decreased 27.3% to $318,543 from $438,003 in the second quarter of 2007, due primarily to decreased salaries, and a decrease in travel and telephone expenses.

Operating income in the second quarter was $1.8 million, compared to $1.9 million recorded in the same period a year ago. Operating margin was 39.7% in the second quarter of 2008 compared to 43% in the prior year.

Interest expense decreased 94.4% to $21,842 from $388,582 in the second quarter of 2007, which was related to a bridge loan made in September 2006.

Net income for the second quarter was $1.7 million, up 18.9% from $1.4 million in the year earlier period. Fully diluted earnings per share were $0.07 compared to $0.07 in the comparable period for 2007.

Six Months Financial Results

For the first six month of 2008, total revenue was $8.5 million, up 14.7%, from $7.4 million for the same period of the prior year. Online education revenue was $6.9 million, up 9.4% from $6.3 million for the first six months of 2007. The training center business contributed $1.6 million, up 45.5% from $1.1 million in the first six months of 2007. Cost of sales was $1.6 million for the six months ended June 30, 2008, a decrease of $171,382, or 9.9%, compared to $1.7 million for the same period of the prior year. Gross profit was $7.0 million, up 22.2% from gross profit of $5.7 million in the comparable period a year ago. Overall gross margin increased to 81.7% from 76.7% for the six months ended June 30, 2007. The Company's net profit during the six months ended June 30, 2008 increased 49% to $3.6 million from $2.4 million for the six months ended June 30, 2007. Fully diluted earnings per share were $0.14 for the six months ended June 30, 2008, compared to $0.12 per share for the six months ended June 30, 2007.

Financial Condition

As of June 30, 2008, China Education Alliance, Inc. had $19.4 million in cash and cash equivalents, $18.8 million in working capital, and no long-term debt. Shareholders' equity was $27.1 million up from $18.6 million at December 31, 2007. The company generated $1.7 million in cash flow from operating activities in the second quarter of 2008.

Recent Developments

In April 2008, China Education Alliance, Inc. purchased 70% of the entire issued share capital of World Exchanges Inc. (''World Exchanges''), which provides English training programs, English test preparation courses and overseas study and consulting services through its five existing branches in regions of Beijing, Yantai, Xiamen and Qingdao. World Exchanges will establish a Wholly Foreign Owned Enterprise ("WFOE") as its English education headquarters to operate World Exchanges College of Language ("WECL") English Education business. WECL works closely with local universities to promote its on-campus language instruction programs that create a total English language environment in Chinese universities to enhance practical English skills and English examination skills for students. In addition, WECL also provides part- time language training programs, test preparation programs as well as overseas study and consulting services for students.

In July 2008, the Company contributed approximately $430,000 cash to purchase a 49.02% equity interest in a joint venture company, Harbin New Discovery Media Co., Ltd. ("Harbin Media"), with Harbin Daily Newspaper Group ("Harbin Daily"). The Company will cooperate with Harbin Daily to run the newspaper, "Scientific Discovery," which has won strong brand recognition and a loyal readership in Heilongjiang province. The Company plans to publish this newspaper twice per week by targeting primary and middle school students and the general population to provide after-school tutorship materials and scientific knowledge of daily life.

"In this quarter, the operating results combined with first quarter results met our first half year expectations and plans and we remain confident that we can resume our growth trend in the latter half of 2008. We believe we can achieve our previously stated goals for $23 million in revenue and $8.5 to $11.0 million in net income," said Mr. Yu. "We will continue to provide exam- oriented education by primarily targeting the 10 million students in the northeast region of China, and to increase our market share in these areas. We believe that our language training business will create another major platform for growth beginning in the second half of this year. We will establish another ten WECL branches by the end of year 2008. We also believe our newly established educational media distribution platform will generate considerable revenues for us later this year, help us to promote the China Education Alliance brand, and facilitate our nationwide expansion with minimal advertising expenses."

Conference Call

The Company will host a conference call to discuss its second quarter 2008 results at 8:00 a.m. Eastern Time on Monday, August 18, 2008. The management team will be on the call to discuss quarterly results and highlights and to answer questions. The toll-free number for U.S. participants is 888-419-5570. International participants can dial 617-896-9871. Passcode 544 642 48.

The conference call will also be webcast live over the Internet and can be accessed by all interested parties by using the following link: http://phx.corporate-ir.net/playerlink.zhtml?c=178111&s=wm&e=1926674 . To listen to the call, please visit this link at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. For those unable to participate during the live webcast, it will be archived using the same link for 90 days.

If you are unable to participate in the call at this time, a replay will be available for fourteen days starting on Monday, August 18 at 10:00 a.m. Eastern Time. To access the replay, dial 888-286-8010, international callers should dial 617-801-6888, and enter the passcode 57138714.

About China Education Alliance, Inc.

The Company is a leading distributor of educational resources offering high-quality materials and training and tutoring services through both online networks and an on-site training center in China. The Company's online material products include on-line test preparation materials, researchers' materials, study guides, and audio recordings. The Company also provides educational services through online and on-site channels, including exam- oriented after-school tutoring services, vocational education, employment education and language training. The company is currently selling educational products and services to schools and universities, teachers and students. The Company's website is: http://www.chinaeducationalliance.com/ .

Safe Harbor Statement

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release, constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding our ability to prepare the company for growth, the Company's planned expansion in 2008 and predictions and guidance relating to the Company's future financial performance. We have based these forward- looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs and are not a guarantee of future performance but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the education industry, pricing and demand trends for the Company's products, changes to government regulations, risk associated with operation of the Company's new facilities, risk associated with large scale implementation of the company's business plan, the ability to attract new customers, ability to increase its product's applications, cost of raw materials, downturns in the Chinese economy, the adoption by consumers of its new game business, the unproven advertising model that is dependent on attracting a large game user base, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. Investors are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release, readers are cautioned not to place undue reliance on any of them and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

-- Financial tables below -- China Education Alliance, Inc. and Subsidiaries Consolidated Balance Sheet June 30, 2008 (Unaudited) June 30, December 31, 2008 2007 ASSETS (unaudited) Current Assets Cash and cash equivalents $ 19,377,514 $ 11,778,954 Advances to related parties -- 108,536 Other Receivable 477,094 -- Prepaid expenses 710,522 1,612,779 Total current assets 20,565,130 13,500,269 Long term investment 436,567 -- Property and equipment, net 6,137,680 6,186,824 Intangible, net 1,759,150 623,560 $ 28,898,527 $ 20,310,653 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses $ 456,895 $ 423,109 Deferred revenues 1,298,279 1,245,507 Total current liabilities 1,755,174 1,668,616 Stockholders' Equity Preferred stock ($0.001 par value, 20,000,000 shares authorized, 7,597,645 and 9,397,645 issued and outstanding, respectively, aggregate liquidation preference of $2,717,152 and $3,383,152, respectively) 3,010,144 3,677,944 Common stock ($0.001 par value, 150,000,000 shares authorized, 21,892,631 and 19,409,830, issued and outstanding, respectively) 21,893 19,410 Additional paid-in capital 10,642,986 6,378,110 Statutory reserve Accumulated other comprehensive income 2,575,382 1,243,541 Retained earnings 10,892,948 7,323,032 Total stockholders' equity 27,143,353 18,642,037 $ 28,898,527 $ 20,310,653 China Education Alliance, Inc. and Subsidiaries Condensed Consolidated Statements of Operations For the Three and Six Months Ended June 30, 2008 and 2007 (Unaudited) Three months ended Six months ended June 30, June 30, 2008 2007 2008 2007 Revenues Online education revenues $3,853,942 $3,717,985 $6,940,727 $6,344,653 Training center revenues 604,752 631,770 1,588,384 1,091,329 Total revenue 4,458,694 4,349,755 8,529,111 7,435,982 Cost of Goods Sold Online education costs 482,825 619,870 907,867 1,287,617 Training center costs 254,867 227,525 654,457 446,089 Total cost of goods sold 737,692 847,395 1,562,324 1,733,706 Gross Profit Online education gross profit 3,371,117 3,098,115 6,032,860 5,057,036 Training center gross profit 349,885 404,245 933,927 645,240 Total gross profit 3,721,002 3,502,360 6,966,787 5,702,276 Operating Expenses Selling expenses 1,415,683 1,088,728 2,613,018 1,839,166 Administrative 318,543 438,003 625,905 595,666 Depreciation and amortization 218,173 107,052 415,831 213,177 Total operating expenses 1,952,399 1,633,783 3,654,754 2,648,009 Other Income (Expense) Other Income 6,668 55,494 528,497 55,494 Interest income 31,528 10,459 56,436 16,086 Interest expense (21,842) (388,582) (21,842) (493,079) Total other income (expense) 16,354 (322,629) 563,091 (421,499) Net Income Before Provision for Income Tax 1,784,957 1,545,948 3,875,124 2,632,768 Provision for Income Taxes Current 128,964 152,838 305,208 236,745 Net Income $1,655,993 $1,393,110 $3,569,916 $2,396,023 Basic Earnings Per Share $0.08 $0.02 $0.17 $0.04 Basic Weighted Average Shares Outstanding 21,202,359 57,965,000 21,202,359 57,965,000 Diluted Earnings Per Share $0.07 $0.02 $0.14 $0.04 Diluted Weighted Average Shares Outstanding 24,818,668 60,917,777 24,818,668 60,917,777 The Components of Other Comprehensive Income Net Income $1,655,993 $1,393,110 $3,569,916 $2,396,023 Foreign currency translation adjustment 55,303 (210,170) 1,331,841 48,596 Comprehensive Income $1,711,296 $1,182,940 $4,901,757 $2,444,619 China Education Alliance, Inc. and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) Six Months Ended June 30, 2008 2007 Cash flows from operating activities Net Income $ 3,569,916 $ 2,396,023 Adjustments to reconcile net cash provided by operating activities Depreciation and amortization 673,059 383,734 Amortization of loan discount - warrants attached to loans -- 420,639 Warrants issued for services -- 12,371 Stock issued for services -- 15,900 Net change in assets and liabilities Other receivables (477,094) 54,723 Prepaid expenses and other 484,128 493,493 Advances from related parties 108,536 -- Accounts payable and accrued liabilities 33,786 236,875 Deferred revenue 52,772 848,425 Net cash provided by operating activities 4,445,103 4,862,183 Cash flows from investing activities Purchases of fixed assets (409,378) (500,732) Long-term investment (436,567) -- Net Cash (used in) investing activities (845,945) (500,732) Cash flows from financing activities Warrants exercised 2,667,559 2,067,447 Effect of exchange rate 1,331,841 48,596 Net increase in cash 7,598,558 6,477,494 Cash and cash equivalents at beginning of year 11,778,954 1,838,339 Cash and cash equivalents at end of year $ 19,377,514 $ 8,315,833 Supplemental disclosure of cash flow information Interest paid $ -- $ 59,588 Taxes paid $ 94,737 $ -- Value of warrants issued for services $ -- $ 12,371 Non-cash investing and financing activities Conversion of preferred stock to common $ 667,800 $ 339,076 For more information, please contact: Company Contact: Mr. Xiqun Yu Chairman and CEO China Education Alliance, Inc. Tel: +86-451-8233-5794 Email: yxq@edu-chn.com Web: http://www.chinaeducationalliance.com/ Investor Relations Contact: Mr. Crocker Coulson President CCG Investor Relations Tel: +1-646-213-1915 (NY Office) Email: crocker.coulson@ccgir.com Web: http://www.ccgir.com/

China Education Alliance, Inc.

CONTACT: Company Contact: Mr. Xiqun Yu, Chairman and CEO of China
Education Alliance, Inc., +86-451-8233-5794, or yxq@edu-chn.com; Investor
Relations Contact: Mr. Crocker Coulson, President of CCG Investor Relations,
+1-646-213-1915 (NY Office), or crocker.coulson@ccgir.com

Web site: http://www.chinaeducationalliance.com/
http://www.ccgir.com/

TeliPhone Achieves 2nd Consecutive EBITDA Positive Quarter, Increases Revenues by 108% over Same Period Last Year

MONTREAL, Aug. 15 /PRNewswire-FirstCall/ -- TeliPhone Corp. (NASD : TLPH). TeliPhone reports its third quarter results, with sales increasing to $381,397 for the three months ended June 30, 2008 compared with $183,630 for the same period last year. The increase in sales contributed to a nine-month accumulated gross profit of $332,777, an increase of 170% over last year. Earnings for the first 9 months of the year before Interest, Taxes, Depreciation and Amortization (EBITDA) were $28,659 compared with a loss of $78,559 for the same period last year.

The new customers acquired from Dialek Telecom and strong demand for its Internet-based (IP) services account for the strong growth that the company has recently been experiencing. The Company has begun to migrate Dialek customers' existing analog services to higher-profit Internet-based (IP) services. The acquisition of Dialek customers is a good indicator of the company's ability to acquire privately-held re-sellers of traditional telecom services and to leverage a higher value from the same level of revenues.

About TeliPhone Corp.

TeliPhone Corp. is an Internet-based digital telecommunications company employing its own technology. Customers of TeliPhone, primarily small and medium sized businesses, receive more value added services for lower cost when using TeliPhone. TeliPhone specializes in hosted business telephony systems that reduce customer capital equipment costs while offering global incoming and outgoing call services with best-of-breed call quality. For more information, visit the company website at http://www.teliphone.us/.

This news release contains forward-looking statements that are subject to various risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors that may be beyond the Company's control. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made, and the Company assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change.

Teliphone Corp.

CONTACT: TeliPhone Corp., (212) 738-0008,
investorrelations@teliphone.ca, http://www.teliphone.ca/investors; Source: TeliPhone
Corp.

Federal Signal Partners With Target Safe City to Enhance Safety, Security and Well-Being

UNIVERSITY PARK, Ill., Aug. 15 /PRNewswire-FirstCall/ -- Federal Signal Corporation's Safety and Security Systems Group, a leader in advancing security and well-being, today announced its partnership with the community-based Safe City initiative.

"We are excited to have Federal Signal as a corporate partner," said Steve Persian, Safe City national program manager at Target Corporation. "They offer an impressive mix of technology products and have a long standing and solid reputation as a leading provider of public safety and security solutions."

Safe City is a community-based initiative that unites law enforcement, businesses, residents and city officials. The initiative leverages partnerships and technology to maximize safeness and minimize theft and other crimes in communities. In turn, Safe City helps enable safer communities in which to live, work and shop.

Federal Signal provides Safe City communities with preferred pricing for its innovative technology, which includes automated license plate recognition capabilities, public safety software and mobile video systems, public safety wireless broadband networks, video surveillance systems, public warning systems and interoperable communications, alerting and notification systems.

Federal Signal's PIPS Technology automated license plate recognition (ALPR) system has already been deployed as part of Los Angeles County Sheriff Department's Advanced Surveillance and Protection (ASaP) Plan -- a Safe City project. During the initial test phase, with advanced technology from PIPS in place, two wanted felons were identified and later arrested based on the intelligence made available by the ALPR system.

"Federal Signal is extremely proud to partner with this group of leading companies, agencies and communities representing the Safe City initiative," said Michael K. Wons, vice president and general manager of Federal Signal Corporation's Public Safety Systems Division. "We are delighted to team with Safe City on this important initiative to reduce crime and promote safety to strengthen communities throughout our great country."

About Federal Signal

Federal Signal Corporation enhances the safety, security and well-being of communities and workplaces around the world. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and institutional customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates three groups: Safety and Security Systems, Environmental Solutions and Fire Rescue. For more information on Federal Signal, visit: http://www.federalsignal.com/.

Federal Signal Corporation's Safety and Security Systems Group

CONTACT: John Segvich of Federal Signal Corporation's Safety and
Security Systems Group, +1-708-587-3486, jsegvich@federalsignal.com

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

GameSpot Announces Winners of E3 2008 Editors' Choice AwardsAwards Based on GameSpot Editors' Extensive E3 Coverage, Including 550 Reports Viewed by 7.7 Million Visitors During the Week

SAN FRANCISCO, Aug. 15 /PRNewswire-FirstCall/ -- After almost non-stop reporting at the E3 Media and Business Summit, GameSpot (http://www.gamespot.com/), a leading source for trusted gaming information and a property of CBS Interactive today announced the winners of its 12th Annual GameSpot E3 2008 Editors' Choice Awards. In addition to "Game of the Show" winner, "Fable II," shown for the Microsoft Xbox 360, more than 25 category awards went to the most impressive and anticipated games out of the 1,000-plus titles that were on display at E3 (see below for winner list).

In record numbers, gamers across the globe sat up and took notice of GameSpot's E3 reporting this year. GameSpot's expert editorial team provided unparalleled show coverage during the whole week of E3. In fact, during E3 week more than ...

-- More than 7.7 million gamers visited GameSpot -- Almost 5 million videos were streamed -- More than 250 news and previews articles were posted -- More than 300 videos created and uploaded to the site -- 15 cases of Red Bull demolished by GameSpot staffers

"The selection of games at E3 this year showed off a diverse mix of titles that reflects the experience developers have gained from working on this generation of game hardware. Now that game creators have gotten a feel for what's possible, they're starting to push their creative limits along with the technology," commented Ricardo Torres, editor in chief of GameSpot. "The winners of the GameSpot E3 2008 Editors' Choice Awards represent some of the most promising and innovative new games our industry has to offer."

Because the majority of game titles previewed at E3 are still in development, the GameSpot editors evaluated games based on the features evident in the playable demos, and speculate on the promise and quality of the finished product. Therefore the most impressive game took the win as the best in its class. Finalists and winners for the GameSpot E3 awards must have appeared at E3 and been in a playable state. Games that appeared only as video trailers at press conferences did not qualify.

Following is a list of some of the top awards. To view all the 2008 finalists and winners, please access: http://www.gamespot.com/special_feature/editorschoicee308/special_achievement/

GAME OF THE SHOW: Fable II (Xbox 360) PLATFORM AWARDS Best Xbox 360 Game: Fable II Best Wii Game: Madworld Best PS3 Game: Little Big Planet Best PSP Game: Resistance Retribution Best Nintendo DS Game: Chrono Trigger DS Best PC Game: Left For Dead GENRE AWARDS Best Action Adventure: Mirror's Edge (all platforms) Best Fighting Game: StreetFighter IV (all platforms) Best Platform Game: Little Big Planet (PS3) Best Rhythm Game: Rockband 2 (all platforms) Best Role Playing Game: Fable II (Xbox360) Best Shooter Game: Left For Dead (PC/Xbox 360) Best Sports Game: UFC 2009 Undisputed (PS3/Xbox 360) Best Strategy Game: Spore (PC) Best Downloadable Game: Flower (PS3) Best Graphics: Flower (PS3) Best Stage Demo: Resident Evil 5 (PS3/Xbox360) About GameSpot

GameSpot's (http://www.gamespot.com/) expert editorial team provides more than a million daily visitors with comprehensive, engaging, and unbiased game information for console, PC, and portable platforms. The site's award-winning coverage includes previews and reviews on the hottest titles, breaking news, live Web casts, online tournaments, game downloads, videos, guides, hints, and more. GameSpot also has one of the most active online gaming communities. The GameSpot family also includes GameFAQs, Game Rankings, SportsGamer, and GameSpot Trax, the industry's best real-time market intelligence tool.

About CBS Interactive

CBS Interactive, a division of CBS Corporation, is the best online content network for information and entertainment. Its portfolio of leading brands, which include CNET, CBS.com, CBSSports.com, GameSpot, TV.com, BNET, and Last.fm span popular categories like technology, entertainment, sports, news, and business. With more than 150 million people visiting its properties each month, CBS Interactive is a top 10 web property globally.

CBS Interactive

CONTACT: Leslie Dotson Van Every, +1-415-344-2129,
leslie.vanevery@cnet.com

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

Company News On-Call: http://www.prnewswire.com/comp/185007.html

TV.com Announces Winners of the 2008 TV.com AwardsMillions of TV Fans Vote On TV.com's Irreverent Awards Celebrating the Best and Worst Programming of 2007/2008 TV season

SAN FRANCISCO, Aug. 15 /PRNewswire/ -- TV.com, a leading content and community site for TV fans and a property of CBS Interactive, today announced the winners of the first Annual TV.com Awards. The irreverent award categories -- which include everything from "Best Love Triangle" to "Axed Before Its Time" -- were chosen by the TV.com editorial staff, who also selected the nominees. Winners were then chosen by TV.com's active and engaged community of TV fans, who cast nearly 17,334,522 million votes on the site.

"The TV.com Awards are a true reflection of our television community," said Erin Geiger, site director of TV.com. "By allowing the 7.7 million TV.com users to vote for these awards, we know that the winners are truly fan favorites."

Following is a select list of TV.com award winners. For a complete list of winners, please go to: http://www.tv.com/tv-awards/.

Axed Before Its Time: "Moonlight" (CBS) Cast You'd Want to Find Your Killer: "Bones" (FOX) Best Trend: Show Imports Best School Clique "Degrassi, The Next Generation" (Nickelodeon) Best Special Effects "Battlestar Galactica" (SciFi) Recent Achievement Award "How I Met Your Mother" for Saving Britney (CBS) Most Unreal Reality Moment "Hell's Kitchen"- Gordon Ramsay, every episode (FOX) Most Scantily Clad Cast "The Girls Next Door" (E! Network) Best Guilty Pleasure "Gossip Girl" (CW) Worst Strike Replacement "American Gladiators" (NBC) Teen Shows That Should Unite Decades Later "One Tree Hill" (CW) Best Villain Ben Linus from "Lost" (ABC) Best Love Triangle Ned, Chuck, Olive from "Pushing Daisies" (ABC) Doctor You Want To Jumpstart Your Heart Dr. Gregory House from "House" (FOX) Best Brawl Jaime Sommers vs. Sarah Corvus, "Bionic Woman" (NBC) Character That Needs a Spin-off Stewie Griffin from "The Family Guy" (FOX) Favorite Character to Come to Your Rescue Dean and Sam Winchester from "Supernatural" (CW) Best Sidekick Bert 'Sock' Wysocki from "Reaper" (CW) Best Fake American Accent Jamie Bamber from "Battlestar Gallactica" (Sci Fi) So Bad, They're Good Sylar, "Heroes" (NBC) About TV.com

TV.com provides in-depth show summaries, episode guides and downloads, bios, photos, news, and more on nearly 19,000 TV series. This content is greatly enriched by an active, vocal community of TV fans who express themselves via show summaries, reviews, ratings, blogs, forums, polls, and videos. The site also features exclusive content such as live-event coverage, full episode streams, and behind-the-scenes footage, plus expert editorial like entertaining features and weekly podcasts.

TV.com

CONTACT: Leslie Dotson Van Every, +1-415-344-2129,
leslie.vanevery@cnet.com, for TV.com

Web Site: http://www.tv.com/
http://www.tv.com/tv-awards/

Company News On-Call: http://www.prnewswire.com/comp/965075.html

SEDONA Announces Second Quarter Operating ResultsSecond Quarter Revenues increased 54%

KING OF PRUSSIA, Pa., Aug. 15 /PRNewswire-FirstCall/ -- SEDONA(R) Corporation (BULLETIN BOARD: SDNA) (http://www.sedonacorp.com/), a leading provider of Customer and Member Relationship Management (CRM/MRM) solutions for the financial services market, today announced operating results for the three and six month periods ended June 30, 2008.

Second quarter revenues increased 54% to $470,000 compared to $305,000 in the comparable quarter a year ago. Product license revenue increased 146% to $263,000 compared to $107,000 reported in the quarter ended June 30, 2007. Services revenue increased 5% to $207,000 compared to $198,000 in the quarter ended June 30, 2007.

For the six month period ended June 30, 2008, total revenues increased 23% to $774,000 compared to $630,000 in the same period of 2007. Product license revenue increased 56% to $348,000 for the six months ended June 30, 2008 compared to $223,000 reported in the same period of 2007. Services revenue increased 5% to $426,000 compared to $407,000 for the six month period ended June 30, 2008. The increases in product license and services revenues are attributable to the Company's expanding customer base.

In addition, as of June 30, 2008, accounts receivable and deferred revenue from Software as a Service (SaaS) sales increased 35% to $676,000 compared to $503,000 reported as of June 30, 2007.

Gross profit reported for the second quarter was $431,000, or 92% of revenues, compared to $222,000, or 73% of revenues, in the second quarter 2007. For the six month period, gross profit was $687,000, or 89% of revenues, compared to $440,000, or 70% of revenues, a year ago. The increase is primarily due to the stability of the current version of SEDONA's CRM/MRM application as well as efficiencies in delivering services which resulted in lower cost of sales.

Operating expenses, excluding litigation costs, decreased 4% to $562,000 in the second quarter of 2008 compared to $587,000 in the quarter ended June 30, 2007. Litigation expenses increased from $95,000 to $279,000. For the six month period ending June 30, 2008, operating expenses, excluding litigation costs, decreased 2% to $1,213,000, compared to $1,234,000 reported in the same period in 2007.

For the three month period ended June 30, 2008, SEDONA reported a net loss, including litigation expenses, of $572,000, or ($0.01) per share, compared to a loss of $605,000, or ($0.01) per share in the quarter ended June 30, 2007. For the six month period ended June 30, 2008, SEDONA reported a net loss, including litigation expenses and a loss on extinguishment of debt, of $1,563,000 or ($0.02) per share, compared to $1,332,000 or ($0.01) per share, in the same quarter a year ago.

Recent announcements include:

-- Norristown Bell Credit Union selected SEDONA as its MRM technology and services provider

-- New extension to the partnership with CU ink, Inc. to deliver marketing services to Intarsia customers

-- Washington Trust Bank selected SEDONA's technology and services for its customer information management system. Washington Trust is the largest private commercial bank in the Northwest, with $3.7 billion in assets

-- Ascension Credit Union, based in Louisiana, selected SEDONA as its MRM technology and services provider

-- Mid-Illini Credit Union selected SEDONA MRM technology and services. Mid-Illini serves over 7,000 members and is based in Bloomington, Illinois, and

-- NE PA Community Federal Credit Union joined others by selecting SEDONA also for their MRM solution.

For more details concerning SEDONA's operating results, please consult the Company's form 10-Q filed with the Securities and Exchange Commission on August 14, 2008.

About SEDONA Corporation

SEDONA(R) Corporation (OTCBB: SDNA) provides multi-vertical Customer/Member Relationship Management (CRM/MRM) solutions and services specifically tailored to the financial services market. SEDONA's CRM/MRM solution, Intarsia(R), is designed and priced to support and meet the needs of the multiple lines of business of banks and credit unions. Intarsia provides the entire financial services institution with a complete and accurate view of their customers' and prospects' relationships and interactions. By utilizing SEDONA's CRM/MRM solution and services, SEDONA's clients effectively identify, acquire, foster, and retain loyal, profitable customers. For additional information, visit the SEDONA web site at http://www.sedonacorp.com/ or call 1-800-815-3307.

Forward-Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," or "expects," and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

SEDONA(R) and Intarsia(R) are registered trademarks of SEDONA Corporation. All other trade names are the property of their respective owners. This press release and prior releases are available on the SEDONA Corporation web site at http://www.sedonacorp.com/.

SEDONA Corporation

CONTACT: SEDONA Investor Contact: Steve Ficyk, +1-216-373-6856,
stevef@sedonacorp.com, or Sedona Media Contact: Michelle Brown,
+1-610-337-8400, michelleb@sedonacorp.com

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

T-Bay Holdings Reports First Quarter Net Profit up 146.1%

SHANGHAI, China, Aug. 15 /Xinhua-PRNewswire-FirstCall/ -- T-Bay Holdings, Inc. (BULLETIN BOARD: TBYH) , a leading mobile telecommunications device designer, today announced financial results for its first fiscal quarter ended June 30, 2008. Full details of the Company's year-end financial results are available in the Company's Form 10-Q at http://www.sec.gov/ .

For the three months ended June 30, 2008: -- Revenues totaled $11,133,000, an 83.8% increase from revenues of $6,058,000 for the same period in the previous fiscal year. -- Gross profit was $4,967,000, a 38.1% growth as compared with $3,597,000 during the same period in the previous fiscal year. -- Net income totaled $3,453,000, a 146.1% increase as compared with $1,403,000 for the same period in the previous fiscal year.

For the three months ended June 30, 2008, the 83.8% growth in revenue from $6,058,000 to $11,133,000 was mainly attributed to growth of sales of handsets and components. The revenue from sales of handsets and components was totaled $6,731,000 compared $2,025,000 for the same period of 2007, represented a 232.4% growth, accounted for 60.5% in total revenue, compared to 33.4% in the same period last year. The revenue from design services was up from $4,033,000 to $4,402,000, accounted for 39.5% of total revenue.

The growth of net profit also was attributed to decrease of G&A expense. In the first quarter 2007, we have made a provision for bad and doubtful debts of US$983,000 compared to US$138,000 in 2008.

Mr. Shi Jie, the CEO of T-Bay commented, "The feathered phone solution and low-ended phone solution sold well in the past few months. The growth of revenue is mainly due to more orders received for PCB and PCBA boards from our customers. In addition to the mobile phone design business, we expect our new business such as automobile wireless products and railway wireless system solutions would be other drives of our growth in the coming year." The company developed GSM-R device and system for railway network and GPS, Tire Pressure Monitor System (TPMS) sensors for local automobile manufactures.

About T-Bay Holdings Inc.

T-BAY conducts its mobile phone design business through its 95% owned subsidiary, Shanghai SunPlus Communication Technology Co., Ltd. ("SunPlus"). Established in October 2002, SunPlus is a Sino-foreign joint venture providing total solution and full-range design services to leading mobile handset brand owners in China. The broad spectrum of services that SunPlus provides include overall product design, mechanical design, module architecture design, software design, prototype production, product testing, manufacturing and after-sale technical support. The Company currently has a staff of 130, comprised mostly of engineers and software programmers.

SunPlus develops its mobile phone modules based mainly on the chipset platform provided by VIA, MTK, SKYWORKS, ANYKA, INFINEON. Historically, our customers included multinational brand names such as Motorola, NEC, Siemens, China Telecom, Panasonic and Alcatel. Our major customers in China include Shenzhen Naide Technology Co., Ltd., Shenzhen Henkai Co. Ltd., Shenzhen Xuanhua Electronic Technology Co. Ltd., Beijing Hocom Co., Ltd. and Shenzhen Noato Technology Co., Ltd.

Safe Harbor Statement

Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.

T-Bay Holdings Inc.

CONTACT: Jack Zeng of T-Bay Holdings Inc., +86-15921801456, or
zeng888888@hotmail.com

Live From NVISION 08 ... It's Diggnation!Weekly Tech, Web Culture Show Based on the Top Digg.com Social Bookmarking News Stories Will Appear at Visual Computing Mega-Event

SANTA CLARA, Calif., Aug. 15 /PRNewswire-FirstCall/ -- NVIDIA today announced that Diggnation will go live from NVISION(R) 08, the three-day visual computing mega-event. Diggnation is a weekly tech/web culture show based on the top digg.com social bookmarking news stories presented by co-hosts Alex Albrecht and Kevin Rose.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080815/AQF021) (Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)

Diggnation Live will be hosted on Tuesday, August 26th starting at 6:30 P.M. PDT at the Center of Performing Arts in San Jose, California. Attendance is first come, first served, and free for all Diggnation fans!

"With its tens of thousands of passionate fans Diggnation has become a phenomenon like no other on the web," said Rob Csongor, vice president of corporate marketing, NVIDIA. "We're excited to bring the passion of Diggnation to NVISION. In true Diggnation fashion, Alex and Kevin will talk about the biggest stories from the Internet, the real world, Hollywood culture, and the world of visual computing. We can't wait!"

About Diggnation

Diggnation is a weekly tech/web culture show based on the top digg.com social bookmarking news stories presented by co-hosts Alex Albrecht and Kevin Rose.

Alex Albrecht has participated in the entertainment industry for six years. He founded and directed the popular, Los Angeles-based improv comedy troupe, The Misfit Toys. The group was featured in Stuff Magazine and on MTV. Alex subsequently appeared in a number of national television commercials for companies such as Volkswagen, Domino's, and Dell. After a chance meeting with a TechTV producer at a wedding, Alex landed the co-hosting role on TechTV's The Screen Savers. It was at TechTV that he met Kevin Rose, and one of the most successful Internet television partnerships was born.

Kevin Rose is the founder and chief architect of Digg. He oversees all aspects of the management and development of the Web site. Kevin started Digg in September 2004 as a personal project. His initial idea was to conduct a social experiment in how masses of users could control and promote news and other content on the Web, without external editorial control. After a very short time, he realized the power of his idea, as Digg was becoming a resource for breaking news stories and developed a strong community following. Kevin is also a co-founder of Revision3, where, as a member of the board, he provides strategic direction to the company.

About NVISION 08

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

About NVIDIA

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

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

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080815/AQF021
NewsCom: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NVIDIA

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

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

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