FutureIT Announces Second Quarter 2008 Financial Results

LOD, Israel, Aug. 18 /PRNewswire-FirstCall/ -- FutureIT Inc. (OTC Bulletin Board: FITI), a leading provider of software solutions for the automated and effective management of Microsoft SQL servers, today announced its financial results for the second quarter of 2008.

Revenues for the second quarter of 2008 were $192,000, compared to $161,000 in the first quarter, and $22,000 in the second quarter of 2007.

Total operating expenses were $504,000, compared to $826,000 in the second quarter of 2007 and $391,000 in the first quarter of 2008. The decrease in operating expenses compared to the second quarter of 2007 is primarily attributable to a reduction in stock option compensation expenses, which totaled approximately $495,000 in 2007.

Operating loss for the quarter ended June 30, 2008 was $312,000, compared to operating loss of $230,000 and $804,000 in the first quarter of 2008 and the second quarter of 2007, respectively.

Net loss for the second quarter of 2008 was $334,000, or $0.01 per share. This compares to loss of $310,000 in the first quarter and $723,000 in the second quarter of 2007.

Nimrod Zahavi, the Company's Chief Executive Officer, commented, "The recent quarter showed marked improvement on a year over year basis, as we are witnessing growing acceptance of our products with both customers and resellers, who enjoy our all in one solution for SQL Server management. Our largest market penetration outside of Israel thus far has been in Europe and the United States, where we most recently received our first order from a major distributor, and we also have relationships with resellers in the Far East and Africa. We intend to continue to build on this quarter's momentum by increasing our marketing channels globally and heightening the market exposure to our products."

Mr. Zahavi added, "We have recently introduced a backup only focused solution called EZManage SQL Backup that brings to the market a backup, restoration and DRP capability for advanced databases. There has been a positive response to this product so far and we have already begun to receive orders.

"With a vast market of millions of servers globally, we feel confident in our ability to gain market share through our continued innovation and product upgrades, which will allow our customers to seamlessly manage their database systems in an efficient manner."

Total Revenues for the six months ended June 30, 2008 were $353,000, compared to $65,000 in the six months ended June 30, 2007. Total operating expenses for the period were $895,000 compared to $1.1 million in the first six months of 2007.

Operating loss for the six months ended June 30, 2008 was $542,000 compared with an operating loss of $1.0 million in the comparable period of 2007. Net loss for the first six months of 2008 was $645,000, or $0.03, per share compared to loss of $1.0 million for the first six months of 2007.

As of June 30, 2008, the Company had approximately $311,000 in cash and cash equivalents, compared to $1.0 million as of December 31, 2007.

About FutureIT

FutureIT is engaged in the development, marketing, sale and support of software products that provide easy-to-use comprehensive database management, backup and monitoring solutions for both small and medium sized enterprises, or SMEs, and larger enterprises, running different Microsoft Structured Query Language, or SQL servers, versions 2000, 2005 and 2008, as well as Microsoft SQL Server Desktop Engine, or MSDE and SQL Express.

Safe Harbor Statement

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the Company with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to publicly release updates to these forward-looking statements made to reflect new events or circumstances after the date hereof. Neither the Company nor its agents assume responsibility for the accuracy and completeness of the forward-looking statements.

Contacts: KCSA David Burke, 212-896-1258 dburke@kcsa.com Marybeth Csaby, 212-896-1236 mcsaby@kcsa.com FutureIT, Inc. Rod Zahavi, 972-8-925-8070 nimrodz@futureitsoft.com FINANCIAL TABLES CONDENSED CONSOLIDATED BALANCE SHEET June 30, December 31, 2008 2007 (U.S. dollars) (Unaudited) ASSETS Current assets Cash and cash equivalents $310,949 $1,020,767 Trade account receivable 43,875 58,442 Other receivables and prepaid expenses 33,545 4,506 Total current assets 388,369 1,083,715 Property and equipment Cost 51,790 49,255 Less - Accumulated depreciation and amortization (24,769) (18,086) Property and equipment, net 27,021 31,169 Other long lived assets 6,990 6,304 Total assets 422,380 1,121,188 LIABILITIES AND STOCKHOLDERS' DEFICIENCY Current liabilities Current maturities of long-term debt 466,667 191,678 Trade accounts payable 60,603 32,821 Other payables and accrued expenses 394,892 342,550 Deferred revenue 258,933 319,912 Total current liabilities 1,181,095 886,961 Long term loans Loan from bank 333,333 416,656 Loan from related party 350,000 541,666 Total long term loans 683,333 958,322 Accrued severance pay, net 6,415 5,151 Stockholders' deficiency Share Capital - Common Stock of $ 0.0001 par value: Authorized -35,000,000 as of December 31, 2007 and as of June 30, 2008; Issued and Outstanding - 23,840,000 as of December 31, 2007 and 23,840,000 as of June 30, 2008 2,384 2,384 Additional paid in capital 2,024,705 2,099,307 Accumulated deficiency (3,475,552) (2,830,937) Total Stockholders' deficiency (1,448,463) (729,246) Total liabilities and Stockholders' deficiency 422,380 1,121,188 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) Period of Six Months Ended June 30, 2008 2007 (Unaudited) (Unaudited) Cash flows from operating activities: Net loss $(644,615) $(999,942) Adjustments required to reconcile net loss to net cash used in operating activities: Depreciation 6,682 5,592 Amortization of deferred compensation 25,398 495,420 Increase in value of Long term deposits (686) - Accrued severance pay, net 1,264 (2,456) Decrease in trade receivables 14,567 27,111 Increase in other accounts receivable and prepaid expenses (29,038) (17,504) Increase (Decrease) in trade payables 52,339 49,092 Increase (Decrease) in other payables 27,785 134,566 Change in deferred revenues (60,979) 90,723 Net cash used in operating activities (607,283) (217,398) Cash flows from investing activities: Purchase of property and equipment (2,535) (16,699) Investment in subsidiary (100,000) - Long term Deposits - - Net cash used in investing activities (102,535) (16,699) Cash flows from financing activities: Increase (Decrease) in bank credit - (1,208) Loan from bank - - Issuance of Share Capital - 144 Loan from stockholders' - - Issuance of Share Capital in Private Placement - - Bridge loan received - 399,856 Bridge loan repayment - - Net cash provided by financing activities - 398,792 Increase (decrease) in cash and cash equivalents (709,818) 164,695 Cash and cash equivalents at the beginning of the period 1,020,767 6 Cash and cash equivalents at the end of the period 310,949 164,721 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) For the Three Months For the Six Months Ended June 30, Ended June 30, 2008 2007 2008 2007 Revenues $192,223 $22,061 $353,071 $65,205 Cost of revenues 24,949 19,606 67,502 50,016 Gross profit 167,274 2,455 285,569 15,189 Research and development expenses 58,822 16,825 112,628 53,833 Selling and marketing expenses 128,514 115,133 242,376 175,426 General and administrative 291,813 674,609 472,389 785,858 Operating loss before financial expenses, net (311,875) (804,112) (541,824) (999,928) Financial expenses (income), net 22,313 (85,384) 101,530 (4,562) Loss before taxes (334,188) (718,727) (643,354) (995,365) Taxes - 4,577 1,261 4,577 Loss for the period (334,188) (723,304) (644,615) (999,942) Basic and diluted net loss per share $(0.01) $(0.04) $(0.03) $(0.06) Number of shares used in computing basic and diluted net loss per share 23,840,000 16,460,000 23,840,000 16,460,000

FutureIT Inc.

CONTACT: KCSA, David Burke, +1-212-896-1258, dburke@kcsa.com, or
Marybeth Csaby, +1-212-896-1236, mcsaby@kcsa.com, for FutureIT; or Rod Zahavi,
FutureIT, Inc., +972-8-925-8070, nimrodz@futureitsoft.com

SAIC Awarded $410 Million Task Order by General Services Administration Federal Systems Integration and Management CenterCompany to Provide Information Technology Support to the U.S. Army Human Resources Command

SAN DIEGO and MCLEAN, Va., Aug. 18 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a task order by the General Services Administration (GSA) Federal Systems Integration and Management (FEDSIM) Center. The task order will provide Information Technology (IT) Support to the U.S. Army Human Resources Command (HRC). The task order has a one year base period of performance, four one year options and a ceiling value of $410 million. Work will initially be performed in Alexandria, Va. and St. Louis, Mo., but will eventually shift to Ft. Knox, Ky., due to Defense Base Closure and Realignment (BRAC) relocations. The task order was awarded under the Information Technology Enterprise Solutions -- 2 Services (ITES-2S) contract.

The HRC manages and directs the Army's personnel systems and human resources. Under the contract, SAIC will help HRC streamline its IT support by consolidating a number of related contracts and implementing a shared-resources approach to workforce management. SAIC will provide services including program and project management, system engineering and integration, enterprise architecture planning, information assurance, training, and help desk support.

"We look forward to expanding our current support for HRC as they meet the challenges of transformation while continuing their critical wartime mission," said Bev Seay, SAIC senior vice president and business unit general manager.

About SAIC

SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions(R)

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are

cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Contact: Melissa Koskovich Laura Luke (703) 676-6762 (703) 676-6533 Melissa.l.koskovich@saic.com laura.luke@saic.com

SAIC

CONTACT: Melissa Koskovich, +1-703-676-6762,
Melissa.l.koskovich@saic.com, or Laura Luke, +1-703-676-6533,
laura.luke@saic.com, both of SAIC

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

China Distance Education Holdings Limited Announces Fiscal Third Quarter 2008 Results

BEIJING, Aug. 18 /Xinhua-PRNewswire-FirstCall/ -- China Distance Education Holdings Limited ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, announced today its unaudited financial results for the fiscal third quarter ended June 30, 2008.

Business and Financial Highlights: -- Net revenues for the third fiscal quarter of 2008 were US$4.6 million, an increase of 34.8% over the third fiscal quarter of 2007. -- Net income for the third fiscal quarter of 2008 was US$0.5 million, a decrease of 68.6% as compared to the third fiscal quarter of 2007. Excluding share-based compensation (non-GAAP), net income for the third fiscal quarter 2008 was US$1.1 million, a decrease of 37.3% as compared to the third fiscal quarter 2007. -- Basic earnings per ADS and per share for the third fiscal quarter of 2008 were US$0.004 and US$0.001, respectively, a decrease of 92.3% over the same period last year. Excluding share-based compensation (non- GAAP), basic earnings per ADS for the third fiscal quarter of 2008 was US$0.024, compared to US$0.052 for the third fiscal quarter 2007. -- Total student enrollments in the third fiscal quarter of 2008 reached approximately 199,000, an increase of 37.9% from the third fiscal quarter of 2007. -- On July 30, 2008, China Distance Education Holdings Limited successfully listed on the NYSE Arca Exchange in an initial public offering of 35,000,000 shares, represented by 8,750,000 American Depositary Shares (ADSs), raising total gross proceeds of approximately US$61.3 million before underwriting discount and offering expenses.

For more information about the non-GAAP financial measures contained in this press release, please see "Use of Non-GAAP Financial Measures" below.

Mr. Zhengdong Zhu, Chairman and Chief Executive Officer of CDEL commented, "I am excited to announce our first quarterly earnings results since our successful listing on the NYSE Arca on July 30, 2008. Our listing represents a major milestone towards achieving our vision to be the best comprehensive online education provider in China. Our well-established brand, diversified and extensive course offerings, and high quality teaching and support services are the main drivers of our strategy to continue to penetrate the growing market for professional education in China and, as a result, we believe we are well-positioned for further growth."

Mrs. Ping Wei, Chief Financial Officer of CDEL commented, "We are pleased with our third quarter financial performance despite the impact from the Sichuan earthquake in May 2008. This result reflects the strong demand for our education services across our product lines as well as investments we made to support the growth of our businesses, such as increased headcount and spending on advertising and infrastructure as compared to the same period last year. These investments are designed to support the Company's growth plan to be the leading provider of online education in China".

Third Quarter 2008 Unaudited Financial Results

Total net revenues. Total net revenues for the third fiscal quarter of 2008 were US$4.6 million, representing a 34.8% increase compared to US$3.4 million in the third quarter of 2007.

Online education services net revenues for the third fiscal quarter of 2008 were US$3.9 million, an increase of 22.5% from US$3.2 million in the third fiscal quarter of 2007. The increase in online education services net revenues was mainly due to strong enrollment growth in various subject offerings such as accounting, health-care and self-taught learners. In addition, the Company's complementary businesses have been gaining traction with sales of books and reference materials growing by 63.0%. In addition, classroom training for our online students, as a supplement to our corporate contracts for online training, contributed to a quadrupling of other revenue over the third fiscal quarter in 2007. The increase in revenues was partially offset by a decrease in revenue from Elementary Level and Intermediate Level accounting professional qualification exam courses partially due to the May 12, 2008 major earthquake in China's Sichuan province directly resulted in the re- scheduling of the exam dates from May 2008 to September 2008. As a result deferred revenues generated from these two major accounting exams were not fully recognized as revenue by May 2008, but will instead be recognized in later quarters.

Cost of Sales. Cost of sales for the third fiscal quarter of 2008 was US$2.0 million, representing a 84.6% increase over the same period last year. Excluding share-based compensation (non-GAAP), cost of sales was US$1.7 million, a 59.0% increase from the same period last year. This was primarily due to the increased number of tutors to support the growth in the number of course participants, the increases in course production technicians to ensure the high quality audio-video course materials and other interactive features of online courses, and increases in lecturer fees as the Company's lecturers delivered classroom trainings for the major international accounting firms in the quarter, which revenues were included in "other revenues".

Gross Profit and Gross Margin. Gross profit for the third fiscal quarter of 2008 was US$2.6 million, representing a 12.1% year-over-year increase. Excluding share-based compensation (non-GAAP), gross profit was US$2.9 million, a 23.7% increase year over year. Gross margin for the third fiscal quarter of 2008 was 57.2%, down from 68.7% in the third fiscal quarter of 2007. Excluding share-based compensation (non-GAAP), gross margin for the third fiscal quarter of 2008 remained solid at 63.1%.

Operating Expenses. Total operating expenses for the third fiscal quarter of 2008 were US$1.9 million, representing an increase of 162.1% from US$0.7 million in the third fiscal quarter of 2007. Excluding share-based compensation (non-GAAP), total operating expenses were US$1.7 million, a 126.0% increase from the same period last year. The increase in operating expenses was primarily the result of increased headcount, more advertising and promotional expenses, and expanded office space to accommodate growth in the Company's business operations.

Selling expenses increased to US$0.9 million for the third fiscal quarter of 2008, up 146.0% from US$0.4 million in the third fiscal quarter of 2007. Excluding share-based compensation (non-GAAP), selling expenses were US$0.8 million, a 128.1% increase from the same period last year. This was primarily as a result of (i) expanding customer service headcount; (ii) increased advertising and promotional activities to draw traffic to the Company's websites, increase registrations and promote course offerings, and (iii) commissions to the Company's online agents for attracting registrations through their websites.

General and administrative expenses were US$1.0 million in the third fiscal quarter of 2008, representing a year-over-year increase of 177.5%. Excluding share-based compensation charge (non-GAAP), general and administrative expenses were US$0.8 million, a 123.9% increase from the same period last year. The significant increase was primarily the result of increased headcount of administrative staff as well as the lease of additional office space to support the expansion of the Company's business operations.

Income Tax Expense. Income tax expense for the third fiscal quarter of 2008 was US$30,000, compared with income tax benefit of US$0.1 million in the third fiscal quarter of 2007.

Net Income. Net income was US$0.5 million for the third fiscal quarter of 2008. Excluding share-based compensation (non-GAAP), net income for the third fiscal quarter 2008 was US$1.1 million, a decrease of 37.3% as compared to the third fiscal quarter of 2007. Net margin for the quarter was 11.8%. Excluding share-based compensation (non-GAAP), net margin for the quarter was 23.5%, as compared to 50.4% in the third fiscal quarter of 2007. Basic earnings per ADS and per share for the third fiscal quarter of 2008 were US$0.004 and US$0.001, respectively, a decrease of 92.3% over the same period of last year. Excluding share-based compensation (non-GAAP), basic earnings per ADS for the quarter was US$0.024, compared to US$0.052 for the third fiscal quarter of 2007.

Cash and Cash Equivalents. Cash and cash equivalents as of June 30, 2008 grew to US$8.1 million from US$7.8 million as of March 31, 2008. Net operating cash flow for the third fiscal quarter of 2008 was US$1.9 million.

Fiscal Fourth Quarter 2008 Guidance-CDEL expects to generate total net revenues for the fourth fiscal quarter of 2008 in the range of US$7.3 million to US$8.3 million. This represents the Company's current and preliminary view, which is subject to change. The Company's results of operations for the third fiscal quarter of 2008 are not necessarily indicative of the Company's operating results for any future periods.

Conference Call

China Distance Education Holdings Limited senior management will host a conference call at 8:00 am (Eastern) / 5:00 am (Pacific) / 8:00 pm (Beijing) on Tuesday, August 19, 2008 to discuss its 2008 third fiscal quarter financial results and recent business activity. The conference call may be accessed by calling +1-866-586-2813 (US), 800-965-808 (Hong Kong), 10-800-611-0127 (China, Northern Region), 10-800-361-0079 (China, Southern Region), or 0800-056-9662 (UK). A telephone replay will be available shortly after the call until August 26, 2008 at + 1-866-214-5335 (US), 800-901-596 (Hong Kong), 10-800-140- 0386 (China) or 0800-731-7846 (UK). Pass code 60142260.

A live webcast of the conference call and replay will be available on the investor relations page of China Distance Education Holdings Limited's website at http://www.cdeledu.com/versions/investor_en.html .

About China Distance Education Holdings Limited

China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, information technology and other industries. The Company also offers online test preparation courses to self- taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "may" "should," "potential," "continue," "expect," "anticipate," "future," "intend," "plan," "believe," "is/are likely to," "estimate" and similar statements. Among other things, the outlook for fourth fiscal quarter of fiscal year 2008 and quotations from management in this announcement, as well as the Company's strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and growth strategies; our future prospects and market acceptance of our online courses and other products and services; our future business development and results of operations; projected revenues, profits, earnings and other estimated financial information; projected enrollment numbers; our plans to expand and enhance our online courses and other products and services; competition in the online education and test preparation markets; and Chinese laws, regulations and policies, including those applicable to the Internet and Internet content providers, the education and telecommunications industries, mergers and acquisitions taxation and foreign exchange.

Further information regarding these and other risks is included in our registration statement on Form F-1 and other documents filed with the SEC. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release.

Statement Regarding Unaudited Financial Information

The unaudited financial information set forth above is preliminary and subject to adjustments. Adjustments to the financial statements may be identified when audit work is performed for the year-end audit, which could result in significant differences from this preliminary unaudited financial information.

Use of Non-GAAP Financial Measures

To supplement the Company's consolidated financial results presented in accordance with U.S. generally accepted accounting principles, or GAAP, the Company uses the following measures defined as non-GAAP financial measures by the U.S. Securities and Exchange Commission, or SEC: net income excluding share-based compensation expenses, operating income excluding share-based compensation expenses, gross profit excluding share-based compensation expenses, cost of sales excluding share-based compensation expenses, selling expenses excluding share-based compensation expenses, general and administrative expenses excluding share-based compensation expenses, net income margin excluding share-based compensation expenses, operating margin excluding share-based compensation expenses, gross profit margin excluding share-based compensation expenses and basic and diluted earnings per ADS and per share excluding share-based compensation expenses. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP to non-GAAP measures" set forth at the end of this release.

The Company believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based expenses that may not be indicative of its operating performance from a cash perspective. The Company believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to the Company's historical performance and liquidity. The Company computes its non-GAAP financial measures using the same consistent method from quarter to quarter. The Company believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of excluding share-based compensation expenses from the above-mentioned line items and presenting these non-GAAP measures is that share-based compensation charges will continue to be for the foreseeable future a significant recurring expense in our business. Management compensates for this limitation by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying table at the end of this release provides more detail on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

For more information, please contact: Ping Wei, CFO China Distance Education Holdings Limited Tel: +86-10-8233-3101 Email: IR@cdeledu.com Investor Relations (HK): Ruby Yim, Managing Director Taylor Rafferty Tel: +852-3196-3712 Email: cdel@taylor-rafferty.com Investor Relations (US): Mahmoud Siddig, Director Taylor Rafferty Tel: +1-212-889-4350 Email: cdel@taylor-rafferty.com Media Contact: John Dudzinsky, Director Taylor Rafferty Tel: +1-212-889-4350 Email: cdel@taylor-rafferty.com China Distance Education Holdings Limited Unaudited Interim Consolidated Balance Sheets (in thousands of US Dollars, except number of shares and per share data) September 30, June 30, 2007 2008 Assets: (audited) (unaudited) Current assets: Cash and cash equivalents 7,106 8,079 Accounts receivable 141 383 Inventories 119 161 Prepayment and other current assets 209 426 Deferred tax assets, current portion 1,412 2,009 Deferred cost - current portion -- 88 Total current assets 8,987 11,146 Non-current assets: Deferred cost - non current portion 215 718 Property, plant and equipment, net 4,828 6,892 Goodwill 4,119 5,303 Other intangible assets, net 870 1,317 Deposit for non-current assets (including related party amount of US$666 and US$nil as of September 30, 2007 and June 30, 2008, respectively) 833 6 Deferred tax assets, non current portion 8 303 Other non-current assets 68 228 Deferred initial public offering costs -- 2,427 Total non-current assets 10,941 17,194 Total assets 19,928 28,340 Liabilities and shareholders' equity: Current liabilities: Short-term bank borrowings 399 -- Long-term bank borrowings, current portion 47 70 Accrued expenses and other liabilities 965 2,845 Income tax payable 32 762 Deferred revenue 2,524 4,330 Refundable fees 1,907 3,495 Total current liabilities 5,874 11,502 Non-current liabilities: Long-term bank borrowings, non- current portion 367 341 Total non-current liabilities 367 341 Total liabilities 6,241 11,843 Commitments and contingencies Series A convertible contingently redeemable preferred shares (par value of US$0.0001 per share; Authorized - 20,000,000 shares at September 30, 2007 and June 30, 2008; Issued and outstanding - 12,996,000 shares at September 30, 2007 and June 30, 2008; At September 30, 2007, aggregate liquidation preference and redemption amounts were US$8,000 and US$8,903, respectively. At June 30, 2008, aggregate liquidation preference and redemption amounts were US$8,000 and US$10,104, respectively) 903 2,104 Shareholders' equity Ordinary shares (par value of US$0.0001 per share at September 30, 2007 and June 30, 2008, respectively; Authorized -480,000,000 shares at September 30, 2007 and June 30, 2008; Issued and outstanding - 91,877,000 shares at September 30, 2007 and June 30, 2008 9 9 Additional paid-in capital 12,606 13,148 Foreign currency translation 433 1,603 Cumulative deficits (264) (367) Total shareholders' equity 12,784 14,393 Total liabilities, preferred shares and shareholders' equity 19,928 28,340 China Distance Education Holdings Limited Unaudited Interim Consolidated Statements Of Income (in thousands of US dollars, except number of shares, per share and per ADS data) Three Months Ended June 30, 2007 2008 Sales, net of business tax, value- added tax and related surcharges: Online education services 3,181 3,898 Books and reference materials 162 264 Others 90 464 Total net revenues 3,433 4,626 Cost of sales Cost of services (948) (1,850) Cost of tangible goods sold (125) (131) Total cost of sales (1,073) (1,981) Gross profit 2,360 2,645 Operating expenses Selling expenses (359) (883) General and administrative expenses (including related party amounts of US$50 and US$nil for the three months ended June 30, 2007 and 2008, respectively) (377) (1,046) Total operating expenses (736) (1,929) Other expense -- (144) Operating income 1,624 572 Interest income 22 39 Interest expense (13) (8) Exchange loss -- (11) Equity in loss of an affiliated company -- (18) Income before income taxes 1,633 574 Income tax benefit (expense) 97 (30) Net income 1,730 544 Accretion of Series A convertible contingently redeemable preferred shares to redemption amount and accretion of beneficial conversion feature of Series A convertible contingently redeemable preferred shares (399) (399) Net income attributable to ordinary shareholders 1,331 145 Earnings per share Basic 0.013 0.001 Diluted 0.013 0.001 Earnings per ADS Basic 0.052 0.004 Diluted 0.052 0.004 Weighted average number of ordinary shares outstanding: Basic and diluted shares 91,877,000 91,877,000 China Distance Education Holdings Limited Reconciliation of GAAP to non-GAAP measures (In thousands of US Dollars, except number of shares, per share and per ADS data) Three Months Ended June 30, 2007 2008 (Unaudited) (Unaudited) Cost of sales 1,073 1,981 Share-based compensation expense in cost of sales -- 275 Non-GAAP cost of sales 1,073 1,706 Selling expenses 359 883 Share-based compensation expense in selling expenses -- 64 Non-GAAP selling expenses 359 819 General and administrative expenses 377 1,046 Share-based compensation expense in general and administrative expenses -- 202 Non-GAAP general and administrative expenses 377 844 Gross profit 2,360 2,645 Share-based compensation expenses -- 275 Non-GAAP gross profit 2,360 2,920 Gross profit margin 68.7% 57.2% Non-GAAP gross profit margin 68.7% 63.1% Operating income 1,624 572 Share-based compensation expenses -- 541 Non-GAAP operating income 1,624 1,113 Operating margin 47.3% 12.4% Non-GAAP operating margin 47.3% 24.1% Net income 1,730 544 Share-based compensation expense -- 541 Non-GAAP net income 1,730 1,085 Net income margin 50.4% 11.8% Non-GAAP net income margin 50.4% 23.5% Earnings per share-basic 0.013 0.001 Earnings per share-diluted 0.013 0.001 Non-GAAP earnings per share-basic 0.013 0.006 Non-GAAP earnings per share-diluted 0.013 0.006 Earnings per ADS-basic (note 1) 0.052 0.004 Earnings per ADS-diluted (note 1) 0.052 0.004 Non-GAAP earnings per ADS-basic (note 1) 0.052 0.024 Non-GAAP earnings per ADS-diluted (note 1) 0.052 0.024 Weighted average shares used in calculating basic earnings per share 91,877,000 91,877,000 Weighted average shares used in calculating diluted earnings per share 91,877,000 91,877,000 Note 1: Each ADS represents four ordinary shares

China Distance Education Holdings Limited

CONTACT: Investor Contact: Ping Wei, CFO of China Distance Education
Holdings Limited, +86-10-8233-3101, or IR@cdeledu.com; Or Investor Relations
(US): Mahmoud Siddig, Director of Taylor Rafferty, +1-212-889-4350, or
cdel@taylor-rafferty.com; Or Investor Relations (HK): Ruby Yim, Managing
Director of Taylor Rafferty, +852-3196-3712, or cdel@taylor-rafferty.com; Or
Media Contact: John Dudzinsky of Taylor Rafferty, +1-212-889-4350, or
cdel@taylor-rafferty.com

Web site: http://www.cdeledu.com/versions/investor_en.html

/C O R R E C T I O N -- TRM Corporation /In the news release, TRM Corporation (Pink Sheets: TRMM) Announces Second Quarter 2008 Financial Results, issued Aug. 14, by TRM Corporation over PR Newswire, we are advised by the company that in the Adjusted EBITDA Reconciliation table, the six months ended June 2007 column for the line item "Adjusted EBITDA - continuing operations" should read "$(3,875)" rather than "$3,875" as originally issued inadvertently. Complete, corrected release follows:TRM Corporation Announces Second Quarter 2008 Financial Results

PORTLAND, Ore., Aug. 14 /PRNewswire-FirstCall/ -- TRM Corporation (Pink Sheets: TRMM) today announced second quarter 2008 financial results. We intend to file our Form 10-Q for such quarter today.

Richard Stern, President and CEO of TRM Corporation, stated, "This has been an exciting quarter for TRM as we completed our acquisition of Access To Money and secured $11 million in financing from Lampe Conway. Our acquisition of Access To Money has assured that TRM will remain one of the largest independent ATM networks in the United States and the financing has put us on solid financial footing.

I am also pleased that our operational results are showing continued improvements. Our Q2 2008 adjusted EBITDA from continuing operations improved by 60% over Q1 to $836,000. This improvement would have been even more dramatic, but for certain one time non-recurring adjustments that were recorded in April. Moreover, while we reported a net loss of $3.7 million, $2.9 million of that was tied to non-cash stock compensation and loss from early debt redemption and another $380,000 due to the one time non-recurring items impacting EBITDA, as noted above. Furthermore, results for the quarter do not yet reflect many of the cost saving synergies that we anticipate from the Access To Money acquisition. We expect that those benefits will be partially realized in Q3 and fully implemented by Q4. We believe these financial and operational developments set the stage for an improved TRM as we focus on providing the best possible products and services to our customers."

($ millions) Q2 2008 Q2 2007 % Change Q1 2008 % Change Sales 23.9 23.5 1.7% 18.1 32.0% Discounts 14.9 14.7 1.4% 10.7 39.3% Net Sales 9.0 8.8 2.3% 7.4 21.6% Cost of Sales 5.2 6.0 (13.3)% 4.7 10.6% Gross Profit 3.8 2.8 35.7% 2.7 40.7% Gross Margin (% net sales) 43% 31% 37% Selling, General & Administrative 5.0 4.3 16.3% 2.9 72.4% Loss from Continuing Operations (3.7) (1.9) 94.7% (0.4) 825% Net Loss (3.7) (1.9) 94.7% (0.4) 825% Adjusted EBITDA from Continuing Operations 0.8 (1.4) 157.1% 0.5 60.0%

Adjusted EBITDA from continuing operations is a non-GAAP term. Please refer to the attached reconciliation between our GAAP net income and Adjusted EBITDA from continuing operations.

Second Quarter 2008 Financial Results

In the second quarter of 2008, net sales were $9.0 million compared to $8.8 million in the second quarter of 2007. On a sequential basis, net sales were $9.0 million compared to $7.4 million in the first quarter of 2008. Net sales performance reflects increased transactions compared to the second quarter of 2007, mainly due to the acquisition of Access To Money and the increase in the average number of transacting ATMs. The average number of withdrawals per ATM per month declined slightly and the average transaction- based sales per withdrawal was $2.36 per withdrawal in the second quarter of 2007 versus $2.34 in the second quarter of 2008. The average number of transacting ATMs was 11,823 during the second quarter of 2008 compared to an average of 10,473 during the second quarter of 2007.

Cost of sales in the second quarter of 2008 decreased 13.3% to $5.2 million from $6.0 million in the second quarter of 2007, and increased 10.6% from $4.7 million in the first quarter of 2008. In the second quarter of 2008, gross profit margin improved sequentially to 43% from 37% in the first quarter of 2008. The cost of vault cash decreased by $429,000 to $916,000 for the second quarter of 2008 from $1.3 million for the second quarter of 2007. In addition the number of ATMs for which we provide cash decreased by 4.4% year over year. This reduction was due to our determination that certain machines were no longer profitable to operate. The total amount of vault cash in our system has decreased by 3% to $69.1 million as of June 30, 2008. Our vault cash costs are based on a spread to the interest rates on asset-backed commercial paper issued by the lender. The interest rate on our vault cash facility decreased to 3.81% as of June 30, 2008 from 6.75% at June 30, 2007 due to decreased commercial paper interest rates. Our ATM processing, telecommunication and armored car costs also decreased by $194,000, mostly as a result of renegotiating many of those contracts.

In the second quarter of 2008, selling, general and administrative expense increased by $636,000 million to $5.0 million from $4.3 million in the second quarter of 2007. As a percentage of sales, selling, general and administrative expenses increased to 20.8% in the second quarter 2008 as compared to 18.4% in the comparable quarter of 2007. The increase in selling, general and administrative expenses is primarily attributable to a one time $1.4 million charge related to the accelerated vesting of stock options and restricted stock associated with the Access To Money transaction. Also affecting SG&A costs was a $404,000 increase in labor costs as a result of the Access To Money acquisition, temporary labor and recruiting costs. As we move through our integration of the operations of Access To Money, we expect our labor costs to reduce. The cost for outsourced services decreased by approximately $1 million primarily as a result of the eFunds settlement. Legal, accounting and consulting expenses decreased by $232,000.

In the second quarter 2008, we reported a net loss from continuing operations of ($3.7) million as compared to a net loss of ($1.9) million in the second quarter of 2007 and compared to a net loss of $400,000 in the first quarter of 2008.

We believe that adjusted EBITDA from continuing operations is the most accurate reflection of ongoing operations. For the second quarter 2008, adjusted EBITDA from continuing operations was $836,000 compared to ($1.4) million in the second quarter 2007 which reflects the positive effects of our restructuring efforts.

Balance Sheet

We had cash and restricted cash of $8.0 million at June 30, 2008, compared to $6.9 million at December 31, 2007.

Mr. Stern commented, "We continue to make substantial progress towards improving our financial condition. I am extremely encouraged by the results we announced today and expect that we will show further improvement as we continue along with our integration plan."

Highlights from the Quarter * On April 18, 2008 we borrowed $11 million at an interest rate of 13% payable semiannually and due in 2011. The loan requires us to maintain certain cash balances, to meet certain EBITDA targets and to maintain at least 10,250 ATMs (inclusive of the ATMs we acquired from Access To Money). Proceeds from this loan were used primarily to pay off the remaining balance of our Term Loan B, the $2.5 million settlement payment with eFunds Corporation and the cash portion of the purchase price of Access To Money. In addition, we issued warrants to the lender to purchase 12,500,000 shares in aggregate of our common stock. * On April 18, 2008 we acquired Access To Money, one of the nation's largest independent ATM deployers with approximately 4,248 transacting ATMs, for $4.2 million in cash, 3.6 million shares of common stock and a note payable to the owner for approximately $9.8 million. We are currently engaged in the integration of this acquisition. About TRM Corporation

TRM Corporation is a consumer services company that provides convenience ATM services in high-traffic consumer environments. TRM's ATM customer base is widespread, with retailers throughout the United States. TRM operates the second largest non-bank ATM network in the United States.

FORWARD LOOKING STATEMENTS

Statements made in this news release that are not historical facts are forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, such as consumer demand for our services; access to capital; changes in interest rates; maintaining satisfactory relationships with our banking partners; our ability to continue to reduce attrition in our existing ATM estate and to add new ATMs; technological change; our ability to control costs and expenses; competition and our ability to successfully implement our acquisition strategy. Additional information on these factors, which could affect our financial results, is included in our annual report on Form 10-K for the fiscal year ended December 31, 2007 and in our quarterly report on Form 10-Q for the quarters ended March 31 and June 30, 2008 under the caption "Risk Factors" and elsewhere in such reports. Finally, there may be other factors not mentioned above or included in our SEC filings that could cause actual results to differ materially from those contained in any forward-looking statement. Undue reliance should not be placed on any forward-looking statement, which reflects management's analysis only as of the date of the statement. We assume no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by applicable law.

- Attachments 1, 2 and 3 - Attachment 1 TRM CORPORATION Consolidated Results of Operations (in thousands, except per share data) (unaudited) Three months ended Six months ended June 30, June 30, 2007 2008 2007 2008 ----------------- ------------------ Sales $23,546 $23,872 $46,445 $41,937 Less discounts 14,749 14,896 29,017 25,523 -------- -------- -------- -------- Net sales 8,797 8,976 17,428 16,414 Cost of sales: Cost of vault cash 1,345 916 2,790 1,899 Other 4,684 4,244 9,126 7,960 -------- -------- -------- -------- Gross profit 2,768 3,816 5,512 6,556 Selling, general and administrative expense 4,324 4,960 9,625 7,873 Restructuring charges - - 963 - Loss on asset disposal 15 15 18 11 -------- -------- -------- -------- Operating income (loss) (1,571) (1,159) (5,094) (1,329) Interest expense: Interest expense and amortization of debt issuance costs 125 1,101 160 1,415 Loss on early extinguishment of debt 24 1,456 4,059 1,456 Other expense (income), net 213 (9) 351 (58) -------- -------- -------- -------- Loss from continuing operations (1,933) (3,707) (9,664) (4,142) Income (loss) from discontinued operations (280) - 5,220 - -------- -------- -------- -------- Net Loss $(2,213) $(3,707) $(4,444) $(4,142) ======== ======== ======== ======== BASIC AND DILUTED PER SHARE INFORMATION: Weighted average common shares outstanding 17,168 20,090 17,153 18,652 Basic and diluted net loss per share: Continuing operations (0.11) (0.18) (0.56) (0.22) Discontinued operations (0.02) - 0.30 - -------- -------- -------- -------- Net income (loss) (0.13) (0.18) (0.26) (0.22) ======== ======== ======== ======== Attachment 2 TRM Corporation Consolidated Balance Sheet (in thousands) (unaudited) December 31, June 30, 2007 2008 ------------ ---------- Assets Current assets: Cash $3,859 $5,162 Restricted cash 3,073 2,883 Accounts receivable, net 2,611 4,588 Leases receivable, net - 163 Inventories 50 350 Prepaid expenses and other 369 445 Deferred financing costs 172 2,128 Restricted cash - TRM Inventory Funding Trust 61,805 69,107 ------------ ---------- Total current assets 71,939 84,826 Property and Equipment, net 4,222 3,808 Non-current leases receivable, net - 806 Intangible assets, net 585 2,812 Goodwill 16,748 31,128 Deferred financing costs, long term - 3,831 Other assets 795 729 ------------ ---------- Total assets $94,289 $127,940 ============ ========== Liabilities, Minority Interest and Shareholders' Equity Current liabilities: Accounts payable $6,099 $8,399 Income taxes payable 36 25 Accrued and other expenses 7,637 6,178 Term loans 2,051 4,116 TRM Inventory Funding Trust note payable 58,505 67,020 ------------ ---------- Total current liabilities 74,328 85,738 Long Term liabilities: Term loans and other debt 5,301 21,036 Settlement agreement due after one year - 917 ------------ ---------- Total liabilities 79,629 107,691 Minority interest 1,500 1,500 ------------ ---------- Shareholders' equity: Common stock 136,181 145,912 Additional paid-in capital 63 63 Accumulated deficit (123,084) (127,226) ------------ ---------- Total shareholders' equity 13,160 18,749 ------------ ---------- Total liabilities, minority interest and shareholders' equity $94,289 $127,940 ============ ========== Attachment 3 TRM Corporation Adjusted EBITDA Reconciliation (in thousands - USD) (unaudited) Three months ended Six months ended June 30, June 30, 2007 2008 2007 2008 ----------------- ----------------- Continuing Operations: Loss from continuing operations $(1,933) $(3,707) $(9,664) $(4,142) Add: Interest expense 125 1,101 160 1,415 Depreciation and amortization 278 510 1,348 994 Loss on early extinguishment of debt 24 1,456 4,059 1,456 Non-cash stock compensation expense 123 1,461 204 1,619 Loss on asset disposal 15 15 18 11 -------- -------- -------- -------- Adjusted EBITDA - continuing operations $(1,368) $836 $(3,875) $1,353 ======== ======== ======== ======== Discontinued Operations: Gain (loss) from discontinued operations (280) - 5,220 - Add: Interest expense - - 1,289 - Impairment charges - - 2,701 - -------- -------- -------- -------- Adjusted EBITDA - discontinued operations $(280) $- $9,210 $- ======== ======== ======== ========

TRM Corporation

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

SCI Engineered Materials, Inc. Awarded Phase II Research Contract

COLUMBUS, Ohio, Aug. 18 /PRNewswire-FirstCall/ -- SCI Engineered Materials, Inc. (BULLETIN BOARD: SCIA) , a manufacturer of ceramics and metals for advanced applications such as photonics, solar, thin film batteries, and semiconductors for select growth markets in the physical vapor deposition industry, today announced that it has been awarded a two-year contract by the U.S. Department of Energy ("DOE") for Phase II of a Small Business Innovation Research (SBIR) project titled "Flux Pinning Additions to Increase Jc Performance in BSCCO-2212 Round Wire for Very High Field Magnets". The Company's proposal included a funding request for approximately $750,000. The final amount of the award is subject to the completion of financial negotiations with the DOE.

High Jc performance in BSCCO-2212 is currently the only superconducting material that has been successfully manufactured in round wire form that works successfully in high magnetic fields over 25Tesla.

The company previously received a $97,900 U.S. Department of Energy Financial Assistance Award for a Phase I SBIR that demonstrated that Jc performance can be increased with the addition of certain additives. The Phase I SBIR was successfully completed in the first half of 2008 which led to the Phase II application to conduct additional research.

Daniel Rooney, Chairman, President and Chief Executive Officer said, "We are pleased to receive this Phase II SBIR award. It reflects our demonstrated capabilities and ongoing interest in market applications for high temperature superconductor materials. This funded research draws upon SCI's core competencies and enables us to maintain and expand our technical capabilities".

About SCI Engineered Materials, Inc.

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

SCI Engineered Materials, Inc.

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

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

Next Generation Acura/ELS Premium Surround Debuts on 2009 Acura TL Luxury Performance SedanImproved sound system creates a premium audio experience for vehicle owner with an emphasis on quality, performance, luxury and style

NEW YORK, Aug. 18 /PRNewswire/ -- The 2009 Acura TL(R) features the next generation of the Acura/ELS Surround(R) Premium Audio System, reengineered to offer extended frequency range, lower distortion, enhanced clarity and transparency, and improved second row listening experience. Designed specifically to match the vehicle's interior acoustic characteristics, the next generation 2009 Acura/ELS Surround(R) audio system features a new titanium dome tweeter, redesigned woofer, higher output power and 10 speakers, including new 8-cm SDR rear door speakers.

Developed in collaboration with multi-Grammy(R) Award winning producer/engineer Elliot "Els" Scheiner, the ELS Surround system has proven itself with critics and customers alike. Through an emphasis on clarity and definition and the faithful reproduction of music from a variety of sources -- including CD, iPod, MP3, and DVD-A -- the ELS Surround system delivers a studio quality audio experience.

"The ELS systems are all based on authenticity and advancement; authenticity from working directly with Elliot who has extensive experience listening, creating, recording and mixing music in the studio," said Mat Hargett, Chief Engineer and Acura TL Project Leader. "Advancement is achieved through continuing to raise the bar on studio quality performance, and then achieving those goals. The system in the all-new TL advances Acura's premium audio to a new level."

The next generation ELS Surround system has nearly double the total power output of the first generation, from 225W to 440W and includes more powerful equalization capabilities and adjustable audio source settings. It also features new, high-quality speakers, including extended range tweeters and low distortion mid-range and bass drivers. Eight channels and 10 speakers, including speakers added to each rear door, created an enhanced listening environment for all passengers.

"It is always exciting to hear the results of a project which spans several years," said Elliot Scheiner, collaborator on Panasonic's ELS Surround audio system. "It is the same whether I'm working on automotive projects or with an artist in the studio. For the new Acura TL, the hours spent in the development process including the listening, tuning, driving on the test track and retuning were all worthwhile when I heard the production system. Our goal was to bring the studio sound experience to the vehicle, the new TL has achieved that and more."

Tom Dunn, Marketing Group Manager Panasonic Automotive, added: "Our relationship with Elliot and Acura continues to prosper based upon the mutual dedication to bringing new technologies and higher levels of system performance to each successive project. The ELS Surround premium audio system in the 2009 Acura TL is the latest example of this dedication."

Newly designed, 4-cm, hard dome Titanium-diaphragm tweeters (2) were selected to reduce distortion, resulting in a clear, transparent sound and stunning vocal realization. The units feature large-diameter voice coils for reduced Inter Modulation distortion and are integrated with the tweeter diaphragms to create an overlapping extension of high-end response down to 1kHz.

In contrast to the conventional speaker designs in the current TL, the 2009 Acura/ELS Surround premium audio system uses new, high-performance, Super Dynamic Range (SDR) specifications for the 17-cm and 8-cm midrange and mid-bass speakers. Capable of high-power operation, the rigid SDR drivers lower extraneous noise, saturation and distortion to reveal new details in mid-bass and midrange reproduction with their extended range and double press polyurethane (8-cm) and honeycomb (17-cm) cone construction.

Two 17-cm SDR drivers are mounted in the front doors, and two in the vehicle rear tray. The two 8-cm drivers have been added to the rear doors, and a single driver is located in the center of the instrument panel. These rear door additions provide improved front imaging for rear seat passengers, as well as enhancing the front seat listening experience, with highly accurate sound quality and no excessive bass.

The front door SDR drivers have extended low frequencies from the current 60Hz down to 40Hz. The 8-cm center and rear door speakers extend their low-frequency response from the current 150Hz down to 90Hz.

A new Super Low Distortion Driver (SLDD) subwoofer has been integrated and tuned with the structure of the rear package shelf to optimize the interaction of the speaker with the vehicle. It allows the system to obtain extended low frequency response -- a deep, powerful bass down to 20Hz -- yet minimizing spurious vibration and rattle.

The unit features a rigid SLDD dual-edge structure, lightweight damping cone, and a long-excursion voice coil that creates a quick response and a clear yet aggressive bass sound.

The Acura/ELS Surround Premium Audio System is also available the Acura MDX(R) luxury SUV, the Acura RDX(R) crossover SUV and all-new Acura TSX(R) sports sedan.

About Elliot Scheiner

After nearly 40 years in the music industry, Elliot Scheiner continues to be a highly sought-after producer and engineer. His career includes work with such music legends as The Eagles, Steely Dan, REM, Foo Fighters, Beck, Queen, Sting, Van Morrison and Eric Clapton. In addition to receiving his 23rd Grammy nomination for his work on the Deborah Cox release Destination Moon, Scheiner won his sixth Grammy Award for Donald Fagen's 2006 release of Morph The Cat. Scheiner's recent work includes mixing for The Eagles' multi-platinum release, Long Road Out of Eden, and the remixed release of Nirvana's MTV Unplugged in New York performance. His extensive industry accolades include an Emmy(R) Award for his work with The Eagles on their farewell tour broadcast and holds four Emmy Award nominations. A TEC Hall of Fame inductee, Scheiner is the inaugural recipient of the Surround Pioneer Award, which was created to honor individuals who have made significant, groundbreaking contributions to the art of surround music production. He holds an honorary Doctor of Music degree from the legendary Berklee College of Music and is also the only American to be awarded the lauded Master of Sound honor from the Japan Audio Society.

About Acura

Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The 2009 Acura lineup features five distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX sports sedan, the turbocharged RDX luxury crossover SUV and the award-winning MDX luxury sport utility vehicle. For additional information about Acura vehicles, please visit http://www.acura.com/ . For media inquiries, please visit http://www.acuranews.com/ .

About Panasonic Automotive Systems

Based in Peachtree City, Georgia, and with Detroit area operations located in Southfield, MI, Panasonic Automotive Systems Company of America is a division of Secaucus, New Jersey-based Panasonic Corporation of North America, the principal North American subsidiary of Matsushita Electric Industrial Co., Ltd. of Osaka, Japan, one of the world's leading developers and producers of innovative digital and other electronic products for consumer, business and industrial use. Panasonic Automotive Systems Company of America also acts as the North American operating company of Panasonic Automotive Systems Company, a division of Matsushita Electric Industrial Co., Ltd., which coordinates global automotive industry systems and components operations. For more information on Panasonic and Matsushita Electric, visit http://www.panasonic.com/ .

ELS Surround is the registered trademark of Panasonic Corporation of North America, all rights reserved;

Acura, Acura TL, RDX MDX and TSX are trademarks of Honda Motor Co., Ltd.;

GRAMMY is the trademark of the National Academy of Recording Arts & Sciences, Inc.; and

iPod is the registered trademark of Apple Computer, Inc.

Panasonic Automotive Systems

CONTACT: Jeff Samuels, Panasonic Automotive Systems, +1-201-392-4571,
samuelsj@us.panasonic.com; David Stoyka, Marx Layne & Co., +1-248-855-6777,
dstoyka@marxlayne.com

Web site: http://www.panasonic.com/
http://www.acura.com/
http://www.acuranews.com/

Vote Now for the 'Best of Citysearch' Restaurants CampaignCitysearch Launches Restaurant Campaign to Reveal the Best Eateries in the U.S.

WEST HOLLYWOOD, Calif., Aug. 18 /PRNewswire/ -- Citysearch, a leading online local guide and operating business of IAC , today opened polls for the crowd favorite, Restaurants campaign under its highly successful "Best of Citysearch" award series voted on by Citysearch users. From New York to Los Angeles and Atlanta to Las Vegas, users are encouraged to cast their votes for the best eateries in the country that keep their eyes, palates and stomachs satisfied.

Throughout the Restaurants campaign voting period, from August 18th - September 10th 2008, visitors to the Citysearch.com website are invited to vote for their favorite restaurants, including the best locations to enjoy a breakfast or lunch, dinner, dessert and all around comfort food spots. The complete list of national "Best of Citysearch" Restaurant nominees can be found at: http://national.citysearch.com/allcities. Winners will be served up on Citysearch.com September 18th, 2008.

Throughout the voting period, millions of users can cast their votes at http://www.citysearch.com/ in the following restaurant categories:

-- Best Fireside -- Best Group Dining -- Best People Watching -- Best BBQ -- Best Breakfast -- Best Steak -- Best Small Plates -- Best Vegetarian -- Best View -- Best Desserts About Citysearch

Citysearch is the essential urban companion for living bigger, better and smarter in your city. Combining in-the-know editorial recommendations, candid user comments, and expert advice from local businesses, we keep you connected to the most popular and undiscovered places wherever you are. Citysearch is an operating business of IAC . For more information, visit http://www.citysearch.com/.

Contact: Nicole Myden, Citysearch 310.360.4415 Nicole_Myden@citysearch.com

Citysearch

CONTACT: Nicole Myden of Citysearch, +1-310-360-4415,
Nicole_Myden@citysearch.com

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

Enhanced Care Initiatives (HC Innovations, Inc.) Contracts with HIP and GHI to Create a Medical Home Network Project with Support from the Commonwealth Fund

SHELTON, Conn., Aug. 18 /PRNewswire-FirstCall/ -- Enhanced Care Initiatives (ECI - HC Innovations, Inc., OTC Bulletin Board: HCNV) today announced that it has signed a two year contract with HIP Health Plans of New York to support the transformation of primary care practices into Medical Homes. The contract is part of the EmblemHealth Medical Home Project, which seeks to promote improved care for health plan members by developing a high performance network of physicians using electronic health records and office-based care management. Project evaluation is supported by a $460,000 grant from The Commonwealth Fund to the Ethel Donaghue Center for Translating Research into Practice and Policy (TRIPP) at the University of Connecticut.

In the Medical Home model, the physician office delivers patient-centered primary care and coordinates care with other providers for patients with chronic medical problems. Patients have enhanced access through advanced appointment systems and telephone and email communication, clinical decision support tools guide evidence-based practice, and patients receive support for self-care.

Under the contract, ECI will help participating physician offices transform into medical homes by providing consultative assistance for redesign around electronic health records and by embedding RN care managers into the office to assist the physician in population management, care planning, and patient self-management.

The TRIPP Center will compare the progress that practices make in becoming medical homes, and performance on quality, efficiency, and patient experience measures with similar parameters in a comparison group of practices. Practices have been randomly assigned to one of two groups: a Supported Group that receives the supplementary payment and ECI support and a Comparison Group that receives a stipend for participating in the project but does not get additional payment or ECI support. TRIPP will use the Physician Practice Connections-Patient-Centered Medical Home, a tool developed by the National Committee for Quality Assurance (NCQA), an independent, not-for-profit organization dedicated to measuring the quality of America's health care, to assess the extent to which medical practices adopt the principles of the medical home. "As a Center focused on moving evidence into community practice, we are excited to take the lead on this important randomized trial of a medical home model, as there are few, if any, randomized trials in this area," said Judith Fifield, PhD, Director of the TRIPP Center. At the end of the two-year study period, the TRIPP Center will independently compile, analyze, and publish project results.

"Care management must be integrated with the physician office. This groundbreaking program will redefine primary care. ECI will leverage our community based care management infrastructure to assist physicians in managing patients," said CEO David Chess, MD. ECI currently provides high touch relationship based care management for patients at home or in nursing homes.

ECI's methodology for providing support for Medical Home transformation was developed by William Rollow MD. Until recently Dr. Rollow was Director of the Quality Improvement Group at the Centers for Medicare and Medicaid Services (CMS) where he had responsibility for the development of the DOQ-IT program through which Medicare's Quality Improvement Organizations offered assistance to physicians in EHR adoption and process improvement. "ECI's approach enables physicians to make changes rapidly and effectively, while payers and patients get the immediate benefit of a nurse with expertise in care management," said Dr. Rollow.

"Physicians in our networks are important partners in the care that is provided to our members," said Dr. Aran Ron, GHI President. "In this project we are committing to helping groups of physicians transform their practices according to the patient-centered medical home concept that has been developed and endorsed by the primary care specialty societies."

About EmblemHealth

In 2006, HIP Health Plan of New York (HIP) and Group Health Incorporated (GHI) merged under a common parent, EmblemHealth, Inc. HIP and GHI serve more than four million members and provide access to nearly 92,000 physicians and other providers in 142,000 locations. For additional information about HIP visit http://www.hipusa.com/. For additional information about GHI, visit http://www.ghi.com/.

About HC Innovations, Inc.

HC Innovations, Inc. is the corporate entity operating Enhanced Care Initiatives (ECI). ECI creates value and cost savings for HMOs, nursing homes, and insurance companies (government and private) by identifying niche markets with high medical costs and implementing proprietary solutions. HC Innovations combines proprietary information systems with highly trained nurses and nurse practitioners to improve health conditions with hands-on care. The results are improved patient outcomes. ECI currently provides services for Medicare, Medicaid, sub-acute care and specialty-needs programs in Connecticut, New Jersey, New York, Alabama Tennessee, Texas, Florida, Illinois and Massachusetts. ECI has contracts with HIP/GHI, HealthSpring, Amerigroup, Aetna, Senior Whole Health, Alere/Tufts . For more information, visit http://www.hcinnovationsinc.com/.

SAFE HARBOR ACT DISCLAIMER NOTICE

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.

HC Innovations, Inc.

CONTACT: David Chess, MD, Chief Executive Officer, HC Innovations, Inc.,
+1-203-925-9600

Web site: http://www.hcinnovationsinc.com/
http://www.hipusa.com/
http://www.ghi.com/

Jackson Hewitt Showcases Tax School Through Free Nationwide Online SeminarInteractive Presentation Slated for Thursday, August 21, 2008 at 2:00 PM EDT

PARSIPPANY, N.J., Aug. 18 /PRNewswire-FirstCall/ -- Interested in learning about the dynamic world of tax preparation? Now you can -- at no cost, from the comfort of your own home or office. On Thursday, August 21, 2008 at 2:00 PM EDT, Jackson Hewitt Tax Service(R) will present a free, online seminar on the benefits of enrolling in Jackson Hewitt Tax School. Attendees will get a behind-the-scenes look at tax preparation, a short tax course demonstration and information on how to sign up for Tax School at their local Jackson Hewitt(R) office. To register for this free seminar, visit http://www.jacksonhewitt.com/ and click on the link "Want to know more about Tax School?" Participants are encouraged to pre-register, as space is limited to the first 1,000 registrants.

The online Tax School presentation is a 30-minute seminar that provides:

1. An overview of Jackson Hewitt Tax School and the three methods used to deliver tax courses -- Students can choose a traditional instructor-led classroom course, a computerized classroom course facilitated by an instructor, or an online course.

2. A Tax School course topic demonstration -- Students will get to see how the course is actually taught and the type of content they will be learning.

3. Information on how to enroll in tax courses at your local Jackson Hewitt office.

"Enrolling in this online session is an easy way for people across the country to learn about our Jackson Hewitt Tax School offerings," said Mark Steber, Vice President of Tax Resources at Jackson Hewitt Tax Service. "Individuals who complete the tax courses can acquire knowledge that can help them identify money-saving credits and deductions for their own tax situation."

In addition to learning to prepare their own taxes, many Tax School graduates acquire career-enhancing skills, which may enable them to pursue employment opportunities within the tax preparation industry.* It's a great way for stay-at-home parents, retirees, those looking to supplement their income from other jobs, or people looking for a new career challenge to learn how to prepare an individual tax return as well as gain an understanding of the latest tax laws. Students learn a number of valuable, transferable skills, which can be a great addition to any resume.

To learn more about the Jackson Hewitt Tax School nearest to you, call 1-800-234-1040.

About Jackson Hewitt Tax Service Inc.

Jackson Hewitt Tax Service Inc. , with approximately 6,800 franchised and company-owned offices throughout the United States during the 2008 tax season, is an industry leader providing full service individual federal and state income tax return preparation. Most offices are independently owned and operated. The Company is based in Parsippany, New Jersey. More information may be obtained at http://www.jacksonhewitt.com/. To locate the Jackson Hewitt Tax Service(R) office nearest to you, call 1-800-234-1040.

Contacts: Kristen Sharkey Ketchum (Public Relations) 646-935-3959 Kristen.sharkey@ketchum.com

* Enrollment in, or completion of course, is neither an offer nor a guarantee of employment. Additional training, experience or skills may be required. Most offices are independently owned and operated.

Jackson Hewitt Tax Service

CONTACT: Kristen Sharkey of Ketchum (Public Relations) for Jackson
Hewitt Tax Service, +1-646-935-3959, Kristen.sharkey@ketchum.com

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

Diebold End-to-End Solutions Extend Visibility, Enhance Service Delivery for Financial Resources Federal Credit UnionFinancial institution rejuvenates brand, increases customer convenience with Diebold ATM fleet upgrade

NORTH CANTON, Ohio, Aug. 18 /PRNewswire-FirstCall/ -- Diebold, Incorporated has provided Financial Resources Federal Credit Union with an all-encompassing, end-to-end services solution to help improve the financial institution's brand identity, service capabilities and customer perception.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO )

Financial Resources serves nearly 25,000 members and their families throughout the United States and was seeking a solution that would improve customer perception and service, while increasing customer convenience. The financial institution looked to Diebold to upgrade its technology, enhance service delivery and expand visibility to improve cost-efficiency and allow for more efficient management and control over its automated teller machine (ATM) network.

To achieve this, Diebold Integrated Services(R) proposed an end-to-end solution. Diebold's turnkey package included the installation of 27 Opteva(R) ATMs, consisting of advanced function and cash dispenser models; first- and second-line maintenance; cash handling and currency management; ATM and debit card processing; customized marketing screens; client services and governance reporting.

"From the very beginning when we signed the contract with Diebold and throughout the entire implementation -- everything went off like clockwork," said Anthony Mero, senior vice president and chief operating officer, Financial Resources Federal Credit Union. "This was perhaps one of the best conversions I've ever been through. Diebold worked seamlessly with us, as though they were part of our organization. I hold my standards very high, so that's saying a lot."

Many of the units were installed off-premises so, as an added opportunity to further establish Financial Resources' brand identity, Diebold customized every Financial Resources' ATM to feature a new look and feel. The new ATMs showcased a sleek design and custom purple colorization, thus expanding the financial institution's visibility and branding to drive ATM usage and increase transaction volume.

"Financial Resources Federal Credit Union approached Diebold for a cost-effective, efficient solution to meet its needs and eliminate multiple vendors," said Charles E. Ducey, Jr., senior vice president, global development and services, Diebold. "Through an end-to-end solution from Diebold Integrated Services, Financial Resources was able to not only meet, but exceed its expectations. Diebold will continue to provide the resources and tools needed to further expand the financial institution's network and enhance service functionality."

In looking to the future, the reduction in dependency on multiple vendors, an updated ATM appearance and a comprehensive ATM management solution will contribute to improved cost efficiency. By increasing network uptime and decreasing service calls and maintenance visits, Financial Resources is well-positioned for entrance into alternate delivery channels.

According to Mero, the partnership with Diebold has produced benefits far beyond an updated ATM appearance to single point of contact for all ATM network issues. "Diebold addressed any situation rapidly and we got exactly what we expected," Mero said. "As a result of the hard work from our team and the Diebold team, we are now able to look to the future with high expectations and endless possibilities. This partnership with Diebold has helped Financial Resources Federal Credit Union make a statement -- and we will deliver."

About Financial Resources Federal Credit Union

Financial Resources Federal Credit Union, formerly the Ethicon Employees Federal Credit Union, is a federally chartered credit union that offers a variety of financial products and services to its members, and business services for its member companies, organizations, and the communities of Flemington and the greater New Brunswick/Somerset area. Financial Resources is regulated by the National Credit Union Administration (NCUA), and savings are federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. Headquartered in Bridgewater, NJ, Financial Resources has almost 25,000 members and total assets over $300 million.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's Web site at http://www.diebold.com/ .

Photo: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Diebold, Incorporated

CONTACT: Media Relations: DeAnn Zackeroff, +1-330-490-5220,
deann.zackeroff@diebold.com, Investor Relations: Christopher Bast,
+1-330-490-6908, christopher.bast@diebold.com, both of Diebold, Incorporated

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

Wireless Age Announces Conference Call: Discussion of Q2 Results

TORONTO, Aug. 18 /PRNewswire-FirstCall/ -- John Simmonds, Chairman and CEO of Wireless Age Communications, Inc. (OTCBB: WLSA), announced today that he will be hosting an investor conference call to review Second Quarter results for the period ended June 30, 2008. The call is scheduled for Wednesday, August 20, 2008 at 4:15 p.m. EST.

Conference Call Access: Local participant: (416) 644-3419 Toll free participant: (800) 732-0232 Replay Access (available for one week): (877) 289-8525 Pass Code: 21281002 followed by the number sign. About Wireless Age

Wireless Age Communications, through its 99.7% owned subsidiary, Wireless Age Communications Ltd., is in the business of operating retail cellular and telecommunications outlets in cities in western Canada. Through its other wholly owned subsidiary, Wireless Source Distribution Ltd., the company distributes two-way radio products, prepaid phone cards, wireless accessories and various battery and ancillary electronics products in Canada.

Note: This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Wireless Age Communications, Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Wireless Age Communications, Inc. SEC filings. Wireless Age Communications, Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age Communications, Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Wireless Age Communications, Inc.'s SEC filings.

For more information, please contact Wireless Age Communications, Inc. John G. Simmonds Chairman & CEO (905) 833-2753 ext. 223 or Wireless Age Communications, Inc. Andrew Barwicki Investor Relations (516) 662-9461

CONTACT: Wireless Age Communications, Inc., John G. Simmonds, Chairman & CEO, (905) 833-2753 ext. 223 or Wireless Age Communications, Inc., Andrew Barwicki, Investor Relations, (516) 662-9461

Wireless Age Communications, Inc.

CONTACT: Wireless Age Communications, Inc., John G. Simmonds, Chairman &
CEO, (905) 833-2753 ext. 223 or Wireless Age Communications, Inc., Andrew
Barwicki, Investor Relations, (516) 662-9461

Award-winning Writer Josh Ozersky Joins Citysearch to Dish About Food and New York's Dynamic Restaurant SceneCitysearch Spices Up New York Food and Restaurant Coverage in Top Market

WEST HOLLYWOOD, Calif., Aug. 18 /PRNewswire/ -- Foodies of the world rejoice: Citysearch, a leading online local guide and operating business of IAC , introduces James Beard Award-winning food writer Josh Ozersky as the New York Senior Editor.

Most recently, Ozersky was the online food editor for New York Magazine, and the primary writer for New York Magazine's blog, Grub Street, which was nominated twice for a National Magazine Award. This year, Ozersky received the James Beard Award for Food Writing / Multimedia. Formerly the restaurant critic for Newsday, Ozersky has also written about food and restaurants for The New York Times, The New York Post, Saveur, American Way, The New York Law Journal, and many other publications. He's also the author of Meat Me In Manhattan: A Carnivore's Guide to New York (2003). His most recent book, The Hamburger: A History, was published earlier this year and received glowing reviews in The New York Times, USA Today, The Economist, Fortune and elsewhere.

In his role as New York Senior Editor, effective September 15, 2008, Ozersky will cook up daily extensive food and restaurant round-ups and provide the ultimate ins and outs on the best eateries the Big Apple has to offer. From features and blog posts, to videos, slideshows and other multimedia features, Ozersky will continually serve up New York's go-to spots, both hole-in-the-wall favorites and the latest talk-of-the-town restaurants, to the country's most insatiably curious public. Watch Citysearch New York's Restaurant section for many of Ozersky's reviews: (http://newyork.citysearch.com/find/section/newyork/restaurants.html).

"Josh is an incredibly established and respected writer and we are thrilled to add his personality, passion and writing style to our team," says Citysearch Vice President/Editor-in-Chief, Robert Moritz.

"I am exhilarated at the chance to work with Citysearch, and of using all my powers to help shape Citysearch's coverage of the New York restaurant scene," says Ozersky. "In addition to our restaurant reviews, we'll be adding much more aggressive, up-to-the-minute daily news coverage, as well as innovative videos, features and a new and richer editorial approach. Citysearch is one of the most well-established brands, and it's an honor to have a chance to influence the way it treats the most important restaurant city in the world. Something really good is about to happen."

About Citysearch

Citysearch is the essential urban companion for living bigger, better and smarter in your city. Combining in-the-know editorial recommendations, candid user comments, and expert advice from local businesses, we keep you connected to the most popular and undiscovered places wherever you are. Citysearch is an operating business of IAC . For more information, visit http://www.citysearch.com/.

Contact: Nicole Myden, Citysearch 310.360.4415 Nicole_Myden@citysearch.com

Citysearch

CONTACT: Nicole Myden of Citysearch, +1-310-360-4415,
Nicole_Myden@citysearch.com

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

CBSSports.com Loyalty Metrics Continue to ShineCBSSports.com users visit more often, spend more time28% traffic increase in July leads all sports sites; 170% year-over-year growth in community sign ups fuels engagement

FT. LAUDERDALE, Fla., Aug. 18 /PRNewswire/ -- CBSSports.com today announced that according to July traffic data from Nielsen//NetRatings, CBSSports.com is again dominating all major sports sites in the "loyalty metrics" - visits per person and time per person. July marked the third consecutive month that CBSSports.com has led all major sports sites in those two consumption metrics. CBSSports.com put together an even more impressive streak in 2007 when it led visits per person and time per person for more than half of the entire year.

Overall traffic to CBSSports.com saw healthy growth in July with a 28% rise over June, the largest monthly increase in the sports category.

Several factors contributed to the monthly traffic increase as well as continued leadership position in visits per person and time per person.

-- Focus on community: The CBSSports.com Community has seen tremendous growth with a 170% year-over-year increase in sign-ups. The highly engaged members of the CBSSports.com Community develop a "reputation" on the site by not only contributing to message boards, but also by connecting with other users, participating in fantasy games and by the overall frequency of their behavior. Select CBSSports.com Community members have the ability to create their very own sports blog on the site with their entries possibly being posted on the CBSSports.com homepage, alongside works by veteran sports writers such as Scott Miller (MLB), Dennis Dodd (CFB) and Pete Prisco (NFL).

-- Focus on SEO: Since the acquisition of CNET Networks, CBS Interactive properties have been refining their search engine optimization (SEO) techniques by tapping into CNET's expertise in SEO. In the month of July alone, CBSSports.com saw a 60% year-over-year increase in traffic from search engines via "natural" search results.

"This traffic growth is spectacular, especially in terms of engagement, as it comes during the normally slow summer months and just in time for football," said Jason Kint, Senior Vice President and General Manager of CBSSports.com. "I don't think you can underestimate the positive impact that the recent focus on SEO has had on our traffic. It's another clear example of the benefits of the CNET acquisition to CBSSports.com and CBS Interactive as a whole."

Loyalty Metrics for July 2008 (Nielsen//NetRatings, July 2008)

Time per Person: CBSSports.com led all major sports sites in Time per Person for the fourth consecutive month in July. Over the past four months, CBSSports.com users averaged an hour and 21 minutes of usage per month. To put that number in perspective in relation to our competitors, the next closest sports site averaged 38 minutes of consumption per month over that time period, 53% less than CBSSports.com.

Visits per Person: CBSSports.com led all major sports sites in Visits per Person for the third consecutive month in July. Over the past three months, CBSSports.com users averaged 8.7 visits per month. The next closest sports site averaged just 7.1 visits per month over that time period, 18% less than CBSSports.com.

*For purposes of this release, "major sports sites" include FoxSports.com, SI.com, Yahoo Sports, ESPN.com, AOL Sports, MLB.com, PGATOUR.com, NASCAR.com, NBA.com and NFL.com

About CBS Interactive

CBS Interactive, a division of CBS Corporation , is the premier 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, music and business. With more than 150 million people visiting its properties each month, CBS Interactive is a top 10 web property globally.

More information about CBS and its businesses is available at http://www.cbscorporation.com/

CBSSports.com

CONTACT: Alex Riethmiller of CBSSports.com, +1-954-489-4235,
ariethmiller@cbs.com

Web site: http://www.cbssports.com/
http://www.cbscorporation.com/

The Press-Enterprise Company Proves Interactive Leader- Unique Monthly Visitors Increase by 73%- The Press-Enterprise Company Now Reaches Audience of 1.23 million- PE.com Sees 352% Spike in Page Views of Its Blogs- PE.com Video Views up 69%

RIVERSIDE, Calif., Aug. 18 /PRNewswire/ -- The Press-Enterprise Company continues to be the No. 1 interactive media site serving the people of Inland Southern California.

July 2008 Omniture SiteCatalyst Web site report for PE.com shows a 65% increase in local online reach over last year at 31%. Unique visitors grew year over year by 73% to 900,179.

Combined with numbers from its print publication The Press Enterprise media publications serve a total weekly audience of more than 825,000 (Scarborough, April 2008), The Press-Enterprise Company now reaches 1.23 million in print and online monthly which represent a 20% increase over 2007.

"Our commitment to providing quality content with products that allow our community to connect with us using the media they select has resulted in a highly engaged readership," says Ginger Neal, Vice President Interactive and Business Development. "The Press Enterprise Company has realigned resources and has made a significant investment in tools to ensure we provide community driven products and that serve our audience needs."

PE.com also saw a 352% increase in page views on its blogs, from 81,267 in July 2007 to 285,896 in July 2008. Monthly video view in July 2008 is 40,481, 69% over last year.

PE.com weekly newsletter subscribers increased year over year by 84% to 53,835.

About the Press-Enterprise Company

The Press-Enterprise Company, a Riverside-based subsidiary of A H Belo Corp., is a multimedia company serving Inland Southern California. The company publishes news and information in print and online via The Press-Enterprise, the region's largest daily newspaper with 164,189 Monday through Friday circulation and 172,730 Sunday circulation; PE.com, the region's largest local online Web site; and, more than 30 micro-local community-based Web sites. Other print and online products include: The Business Press, a weekly business journal; La Prensa and El D, weekly Spanish-language newspapers serving the region's diverse Hispanic community; and the advertising publications PE.cars, PE.homes, WOW, PE.jobs and Savings Express.

About AH Belo Corporation

A H Belo Corporation headquartered in Dallas, Texas, is a distinguished news and information company that owns and operates four daily newspapers and 12 associated Web sites. A. H. Belo publishes The Dallas Morning News, Texas' leading newspaper and winner of eight Pulitzer Prizes since 1986; The Providence Journal, the oldest continuously published daily newspaper in the U.S. and winner of four Pulitzer Prizes; The Press-Enterprise (Riverside, Calif.), serving southern California's Inland Empire region and winner of one Pulitzer Prize; and the Denton Record-Chronicle. The Company publishes various specialty publications targeting niche audiences, young adults and the fast-growing Hispanic market. A. H. Belo also owns direct mail and commercial printing businesses. Additional information is available at http://www.ahbelo.com/ or by contacting Maribel Correa, director/Investor Relations, at 214-977-2702.

The Press-Enterprise Company

CONTACT: Art Bueno of The Press-Enterprise Company, +1-951-368-9600,
fax, +1-951-368-9020, abueno@pe.com

Web site: http://www.pe.com/
http://www.ahbelo.com/

Smithsonian Channel(TM) Programming Now Available on iTunes

NEW YORK, Aug. 18 /PRNewswire/ -- Smithsonian Channel(TM) today makes its award winning programming available on the iTunes Store ( http://www.itunes.com/ ), with initial offerings such as Stories from the Vaults, Remembering Vietnam: The Wall at 25, Day of the Kamikaze and Nature Tech. Smithsonian Networks programming celebrates the American experience with branded original content drawn largely from the assets of the Smithsonian Institution, the world's largest museum and research complex and features original documentaries, short-subject explorations and innovative and groundbreaking programs highlighting America's historical, cultural and scientific heritage.

The films, documentaries and limited series available on iTunes cover genres such as wildlife, technology, history, pop culture and children's programs and are available for purchase and download at $1.99 per episode.

The Tom Cavanagh-hosted Stories from the Vaults is a series of half-hour programs that showcase a variety of the Smithsonian's rarely-seen treasures. The series won a 2008 Gold Award from the Parents' Choice Foundation for excellence in child- and family-friendly programming. The original documentary, Remembering Vietnam: The Wall at 25 was nominated recently for a 2008 Emmy(R) award and was also awarded a Gold World Medal from the New York Festivals. Another Gold World Medal was awarded to Day of the Kamikaze, a fascinating docudrama recreating the Japanese suicide attacks against the Allied Fleet in 1945. Nature Tech, which received two 2008 Emmy(R) nominations, is a three-episode series that examines the new field of bio-mimetics, and was awarded Best Limited Series by the Jackson Hole Wildlife Film Festival.

"Our presence on the iTunes Store is great exposure for our new network and will allow a much broader audience the opportunity to sample our award winning original programming and builds and demonstrates the brand value of the Smithsonian name," said Tom Hayden, General Manager of Smithsonian Networks.

The network also has received recognition on a different level with five 2008 Parents' Choice Awards for excellence in its family and child-friendly programming. The annual awards, established in 1978 by the Parents' Choice Foundation -- the nation's oldest nonprofit guide to quality children's media and toys -- are bestowed at different levels. Smithsonian Channel won two Gold Awards, one Silver Honor, one Recommended and one Approved rating for its shows Nature Tech, Critter Quest, America's Treasures and Loose at the Zoo: Golden Lion Tamarins, as well as Stories From the Vaults: Season One.

ABOUT SMITHSONIAN NETWORKS:

Smithsonian Networks (SN) is a joint venture between Showtime Networks Inc. and the Smithsonian Institution. It was formed to create new channels to showcase scientific, cultural and historical programming based largely upon the assets of the Smithsonian Institution, the world's largest museum complex. Smithsonian Channel features original documentaries, short-subject explorations and innovative and groundbreaking programs highlighting America's historical, cultural and scientific heritage. Visit Smithsonian Networks on the internet at http://www.smithsonianchannel.com/

Smithsonian Networks

CONTACT: Stuart Zakim, +1-212-708-1590, stuart.zakim@showtime.net, for
Smithsonian Networks

Web site: http://www.smithsonianchannel.com/
http://www.itunes.com/

Comedy Icon Mitch Hedberg's New CD 'Do You Believe in Gosh? 'Released on COMEDY CENTRAL Records(R) Tuesday, September 9CD Package Includes Booklet of Never-Before-Seen Photos And Excerpts From Hedberg's Private Journals

NEW YORK, Aug. 18 /PRNewswire/ -- The long-awaited third album from the late comedy icon Mitch Hedberg, "Do You Believe in Gosh?" is set for release on COMEDY CENTRAL Records on Tuesday, September 9.

The CD was recorded two months prior to his death and contains nearly 40 minutes of previously unreleased stand-up material. "Do You Believe in Gosh?" captures most of the material Hedberg was working on for what would have been his next full-length album in a free-form show with a large amount of audience interaction. Listeners can expect the same bizarre one-liners like, "Is a hippopotamus a hippopotamus or just a really cool apoatmus?" delivered in the drawly, good-natured way only Hedberg could pull off. Hedberg gives his unique point of view on such topics as the headless horseman, Medusa, whom he refers to as the "snake-haired bitch" and squirrels on water skis. Also included in the CD package is a booklet including never-before-seen photos and excerpts from Hedberg's private journals. The CD pulses with Hedberg's unique wit and spirit and is a document of a comedy master.

Mitch Hedberg was one of the most beloved comedians and world renown for his off-kilter one-liners and inimitable style. He died in March of 2005 with nearly an album's worth of new material he was preparing to record later that October. While he never had the chance to record the album as he wanted, "Do You Believe In Gosh?" was taped live just prior to his passing and captures a large portion of his new jokes.

Previously released recordings by COMEDY CENTRAL Records include: Dane Cook's platinum-selling "Harmful If Swallowed" and double-platinum "Retaliation," Grammy Award-winning, "Lewis Black: The Carnegie Hall Performance," Grammy Award nominees' Steven Wright's "I Still Have A Pony" and George Lopez's "American's Mexican," Todd Barry's "From Heaven," Joe Rogan's "Shiny Happy Jihad," Christopher Titus's "Norman Rockwell is Bleeding" and "5th Annual End Of The World Tour," Norm Macdonald's "Ridiculous," Demetri Martin's "These Are Jokes," "Jim Gaffigan: Beyond The Pale," Mike Birbiglia's "My Secret Public Journal Live," D.L. Hughley's "Notes From The GED Section," Mitch Hedberg's "Mitch All Together" and "Strategic Grill Locations" and Dave Attell's "Skanks For The Memories."

COMEDY CENTRAL, the only all-comedy network, currently is seen in more than 95 million homes nationwide. COMEDY CENTRAL is owned by, and is a registered trademark of, Comedy Partners, a wholly-owned division of VIACOM Inc.'s MTV Networks. COMEDY CENTRAL's Internet address is http://www.comedycentral.com/. For up-to-the-minute and archival press information and photographs visit Press Central, COMEDY CENTRAL's press Web site at http://www.comedycentral.com/press.

MTV Networks, a unit of Viacom , is one of the world's leading creators of entertainment content, with brands that engage and connect diverse audiences across television, online, mobile, games, virtual worlds and consumer products. The company's portfolio spans more than 150 television channels and 350 digital media properties worldwide, and includes MTV, VH1, CMT, Logo, Harmonix, Nickelodeon, Nick at Nite, Noggin, The N, AddictingGames, Neopets, COMEDY CENTRAL, Spike TV, TV Land, Atom, Gametrailers and Xfire.

COMEDY CENTRAL Corporate Communications

CONTACT: Marie Raubicheck of COMEDY CENTRAL, +1-212-767-8561,
marie.raubicheck@comedycentral.com

Web Site: http://www.comedycentral.com/
http://www.comedycentral.com/press

Senator Sununu Visited Ezenia! Inc.

NASHUA, N.H., Aug. 18 /PRNewswire-FirstCall/ -- Ezenia!, Inc. (BULLETIN BOARD: EZEN) , a leading market provider of real-time collaboration solutions for corporate and government networks, was pleased to host Senator John E. Sununu (R-NH) to its corporate headquarters in Nashua on Thursday, August 07, 2008.

Senator Sununu was able to take time from his busy campaign schedule to meet and visit with Ezenia! staff, tour the facilities, and receive a demonstration of Ezenia!'s premier collaboration solution, InfoWorkSpace (IWS), used by the federal government and the private sector.

"We were privileged and honored that Senator Sununu offered us some of his valuable time to visit a local small business that is striving to make a difference," noted Khoa Nguyen, Ezenia!'s Chairman and Chief Executive Officer. "This visit not only allowed the Senator to see the good work we are doing with the federal government and in the private sector but, more importantly, it allowed him to meet with the hard working New Hampshire residents that keep Ezenia! moving."

Senator Sununu, a member of the Commerce, Science and Transportation Committee, Finance Committee, Foreign Relations Committee, Homeland Security and Governmental Affairs Committee, and Joint Economic Committee in the United States Senate, was pleased to see the progress Ezenia! is making in several product development areas and saw the value Ezenia! and InfoWorkSpace offer, particularly to federal agencies, including the Department of Defense and the Intelligence Community.

Ezenia!'s product demonstration, led by Keith Baron, Vice President for Customer Support and Field Services, Gene Wolf, Executive Vice President of Operations, and Ken Garofano, Chief Technology Officer, provided Senator Sununu a glimpse of how IWS is saving lives in the global military theatre and fostering much needed real-time collaboration and communications in everything from the military and intelligence agencies to the Department of Education to not-for-profit organizations.

"We hope and believe that Senator Sununu came away from this visit understanding why Ezenia! is important to the State of New Hampshire and, indeed, why it is important to the Nation. We look forward to working with the Senator in the future," concluded Mr. Nguyen.

About Ezenia! Inc.

Ezenia! Inc. (BULLETIN BOARD: EZEN) , founded in 1991, is a leading provider of real-time collaboration solutions, bringing new and valuable levels of interaction and collaboration to corporate networks and the Internet. By integrating voice, video and data collaboration, the Company's award-winning products enable groups to interact through a natural meeting experience regardless of geographic distance. Ezenia! products allow dispersed groups to work together in real-time using powerful capabilities such as instant messaging, white boarding, screen sharing and text chat. The ability to discuss projects, share information and modify documents allows users to significantly improve team communication and accelerate the decision-making process. More information about Ezenia! Inc. and its product offerings can be found at the company's Web site, http://www.ezenia.com/.

Note to Investors Regarding Forward-Looking Statements

Statements included herein that are not historical facts may be considered forward-looking statements. You can identify these forward-looking statements by use of the words "expects," "anticipates," "estimates," "believes," "projects," "intends," "plans," "will," "may," and similar words. Such forward-looking statements, including statements regarding our business and financial outlook, long-term strategy, improvements in our infrastructure, and proposed earnings per share growth targets, involve risks and uncertainties that could cause actual operating results to differ materially from those indicated by such forward-looking statements. These risks and uncertainties include the considerations that are discussed in the Company's 2007 Annual Report on Form 10-K for the year ended December 31, 2007, such as its dependence on the United States government as its largest customer, adverse changes in available funding and discretionary spending within the Department of Defense, its dependence on other major customers, the evolution of Ezenia!'s market, rapid technological change and competition within the collaborative software market, its reliance on third-party technology, protection of its propriety technology, acceptance of IWS in the commercial market, retention of key employees, stock price volatility, customer acceptance of Version 3.0 of InfoWorkSpace, its history of liquidity concerns and operating losses, and other considerations that are discussed further in such report. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to update forward-looking statements after the date of such statements.

Note: Ezenia! is a registered trademark of Ezenia! Inc., and the Ezenia! Logo and InfoWorkSpace are trademarks of Ezenia! Inc. Additional information on Ezenia! and its products is available at our website http://www.ezenia.com/.

Media contact: Khoa Nguyen Ezenia! Chairman and Chief Executive Officer 603-589-7602 knguyen@Ezenia.com

Ezenia! Inc.

CONTACT: Khoa Nguyen, Ezenia! Chairman and Chief Executive Officer,
+1-603-589-7602, knguyen@Ezenia.com

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

A Comprehensive Collection of the Most Preeminent Comedians in Stand-Up. 'The Best of COMEDY CENTRAL(R) Presents Vol. II: Uncensored' DVD Hits Stores on Tuesday, August 26Features Comedians Dave Attell, Mike Birbiglia, Frank Caliendo, Zach Galifianakis, Stephen Lynch, Patton Oswalt, Nick Swardson And Daniel Tosh

NEW YORK, Aug. 18 /PRNewswire/ -- "The Best of COMEDY CENTRAL Presents" is back with an all-new array of your favorite comedians, and they're totally UNCENSORED! Watch as they rant about proper concert etiquette, help you discover the true meaning of "time-travelling," and impersonate some of today's biggest stars. So, what does this all mean? Probably that you'll end up spending (wasting?) your precious day on the couch and giggling like a little schoolgirl. Released by COMEDY CENTRAL Home Entertainment and Paramount Home Entertainment, "The Best of COMEDY CENTRAL(R) Presents Vol. II: Uncensored" DVD arrives in stores nationwide on Tuesday, August 26 and will also be available at http://shop.comedycentral.com/.

"The Best of COMEDY CENTRAL(R) Presents Vol. II: Uncensored" DVD features original stand-up specials from Dave Attell, Mike Birbiglia, Frank Caliendo, Zach Galifianakis, Stephen Lynch, Patton Oswalt, Nick Swardson and Daniel Tosh.

"COMEDY CENTRAL Presents" provides one of the few remaining showcases for top stand-up talent. It is filmed in New York City and features today's best comics performing a half-hour of stand-up with a special set design to reflect each comedian's material and personality.

COMEDY CENTRAL, the only all-comedy network, currently is seen in more than 95 million homes nationwide. COMEDY CENTRAL is owned by, and is a registered trademark of, Comedy Partners, a wholly-owned division of VIACOM Inc.'s MTV Networks. COMEDY CENTRAL's Internet address is http://www.comedycentral.com/. For up-to-the-minute and archival press information and photographs visit Press Central, COMEDY CENTRAL's press Web site at http://www.comedycentral.com/press.

MTV Networks, a unit of Viacom , is one of the world's leading creators of entertainment content, with brands that engage and connect diverse audiences across television, online, mobile, games, virtual worlds and consumer products. The company's portfolio spans more than 150 television channels and 350 digital media properties worldwide, and includes MTV, VH1, CMT, Logo, Harmonix, Nickelodeon, Nick at Nite, Noggin, The N, AddictingGames, Neopets, COMEDY CENTRAL, Spike TV, TV Land, Atom, Gametrailers and Xfire.

COMEDY CENTRAL Corporate Communications

CONTACT: For COMEDY CENTRAL, Renata Luczak, +1-212-767-8661,
renata.luczak@comedycentral.com, or For Paramount Home Entertainment, Brenda
Ciccone, +1-323-956-8091, brenda_ciccone@paramount.com

Web Site: http://shop.comedycentral.com/
http://www.comedycentral.com/
http://www.comedycentral.com/press

AT&T Offers $10,000 Reward for Arrests and Convictions in Cable TheftSacramento Lawmakers Consider Legislation to Address Growing Problem

SAN FRANCISCO, Aug. 18 /PRNewswire-FirstCall/ -- AT&T California announced today the company is offering statewide rewards for information leading to the arrest and conviction of individuals who are cutting and stealing its telephone cable from utility poles throughout California.

AT&T is offering to pay up to $10,000 for information that helps identify and prosecute those responsible. Anyone with information can contact AT&T security at: 1-800-807-4205.

"Stopping copper cable theft has always been a priority, but now AT&T is stepping up its efforts," said Bill Chubb, AT&T vice president, Core Installation and Maintenance. "We're hoping a reward of up to $10,000 will motivate anyone with information to come forward. We intend to cooperate with law enforcement to make sure those responsible are apprehended and prosecuted."

Theft of copper and other metals has skyrocketed in recent years as the price for scrap copper and other metals has increased. The theft of utility copper is a significant issue for AT&T. Aside from the costs to the business for the loss of material and cost of repairs, utility copper thefts often disrupt service to customers including access to emergency services.

Elected officials in California are also addressing the problem. Assemblyman Tom Berryhill (R - AD 25) and Senator Ron Calderon (D - SD 30) have introduced legislation to tighten rules regarding the sale of and payment for scrap metal. AB 844 and SB 691 should be considered on the floor of the legislature in the coming weeks.

"The problem of metal theft has had a tremendous impact in rural areas of the state, from disruption of vital communications services to threatening the very livelihood of farmers in my district," said Assemblyman Tom Berryhill. Berryhill is the author of AB 844 and co-author of SB 691 introduced by Senator Calderon.

"The disruption of telephone service and the ability to access emergency services poses a threat wherever you live," said Senator Ron Calderon. "AT&T's statewide effort, and Assemblyman Berryhill's and my pending legislation, should give law enforcement throughout the state additional support to tackle this problem."

In addition to stepping up efforts to identify and prosecute those stealing copper cable, law enforcement officials are pursuing recyclers and their employees who break the law.

Just last month, an integrated law enforcement task force in San Diego led by the Sheriff's Department arrested four people at several scrap recycling businesses. The suspects face criminal prosecution and civil cases for "violating the law by knowingly receiving stolen property, or by failing to follow the requirements of the law of obtaining necessary documentation from those selling copper wire."

"Just as those of us in law enforcement attack drug dealers and drug users, we're aggressively prosecuting both the copper thieves and the recyclers who knowingly buy from them," said San Diego District Attorney Bonnie Dumanis. "These crimes have a ripple effect, threatening public safety in our community by interrupting utilities and the 911 call system."

To report information on copper cable theft incidents in California and possibly qualify for the reward, people should call AT&T Security at 1-800-807-4205. The reward is for information that leads to the arrest and successful prosecution of those responsible for stealing copper cable from AT&T. AT&T employees are not eligible for the reward.

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/.

AT&T Inc.

CONTACT: John Britton of AT&T Inc., +1-415-778-1350,
john.britton@att.com

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

Devcon International Corp. Announces Earnings Date & Investor Conference Call

BOCA RATON, Fla., Aug. 18 /PRNewswire-FirstCall/ -- Devcon International Corp. (BULLETIN BOARD: DEVC) , announced today the Company plans to release its financial results for the second quarter ended June 30, 2008 on Monday, August 18, 2008 after market close.

Management will host a conference call for investors on Tuesday, August 19, 2008 at 9:00AM EDT /6:00AM PDT. Parties interested in listening to the conference call should call 800-240-6709. International callers should dial 303-262-2140. A replay will be available for 30 days on the Company's website http://www.devcon-security.com/

About Devcon

Devcon International's wholly-owned subsidiary, Devcon Security (http://www.devcon-security.com/), is a leading provider of installation, monitoring and related electronic security services, currently serving more than 140,000 commercial and residential customers in Florida, New York City and Staten Island. Since February, 2005, Devcon has made 3 significant acquisitions of full-service electronic security services companies with significant concentrations throughout Florida and the New York Metropolitan region. Currently, Devcon Security Services Corp. is the second largest security monitoring and alarm company in Florida and the twelfth largest in the U.S.

Forward-Looking Statements

This press release may contain statements, which are not historical facts and are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements contain projections of Devcon's future results of operations, financial position or state other forward-looking information. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. You should not rely on forward-looking statements because Devcon's actual results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to: general economic and business conditions; our business strategy for expanding our presence in our industry; anticipated trends in our financial condition and results of operation; the impact of competition and technology change; existing and future regulations effecting our business, and other risks and uncertainties discussed under the heading "Item 1A -- Risk Factors" in Devcon's Annual Report on Form 10-K for the period ended December 31, 2007 as filed with the Securities and Exchange Commission, and other reports Devcon files from time to time with the Securities and Exchange Commission. Devcon does not intend to and undertakes no duty to update the information contained in this press release.

Devcon International Corp.

CONTACT: Investor Contact, Marilynn Meek of Financial Relations Board
for Devcon International Corp., +1-212-827-3773, mmeek@frbir.com

Web site: http://www.devcon-security.com/

Gameloft Releases Midnight Pool for WiiWare

NEW YORK, August 18 /PRNewswire-FirstCall/ -- Gameloft(R), a leading developer and publisher of console and mobile games, announced today the launch of Midnight Pool, an exciting and competitive pool simulation game that is made exclusively for Nintendo's downloadable games service: WiiWare(TM). Midnight Pool is based on Gameloft's popular Midnight Series and is the fourth title the company has developed for WiiWare. Midnight Pool is available now for 800 Wii Points(TM).

Set in the liveliest bar settings across America, Midnight Pool is the first complete pool game available on WiiWare and provides a deep billiards experience for Wii(TM) players of all ages and skill levels. The title cleverly uses the Wii Remote(TM) as a cue to aim, shoot and spin balls on the table.

Game Features: - Easily perform precise shots thanks to the Wii Remote's intuitive controls. - The friendly, feisty atmosphere of seven American pool bars: The Gator's Refuge, The Crazy Moose, and more. - Seven available characters with unique personalities, none of whom are at a loss for words! - Challenge mode to learn all the most amazing trick shots. - Local multiplayer mode to compete against friends like in a real tournament! - 3 sets of rules: 8-ball US, 8-ball UK and 9-ball. For more information, visit http://www.gameloft.com/

Nintendo trademarks are used under license. WiiWare is available only through the Wii console.

Gameloft

CONTACT: For further information, please contact: Sanette Chao--
+1-212-994-2495 - Sanette.chao@gameloft.com

Zix Corporation to Present at the Noble Financial Equity ConferenceNoble Financial M.A.D. MAX Equity Conference

DALLAS, Aug. 18 /PRNewswire-FirstCall/ -- Zix Corporation (ZixCorp(R)), , the leader in hosted services for email encryption and e-prescribing, announces that Zix Corporation's Chief Executive Officer, Rick Spurr, will present at the Fourth Annual Noble Financial Equity Conference at 8:00 a.m. (Pacific) on Tuesday, August 19, 2008 at the Loews Lake Las Vegas Resort, Nevada.

Mr. Spurr will give a 23-minute presentation regarding ZixCorp's market positioning, financial performance, and strategic direction. The presentation will be webcast LIVE featuring high-definition, streaming video and PowerPoint slides. Access is available by logging on to the conference website http://www.noblemadmax.com/ or by going to the Investor portion of the Company's website at http://investor.zixcorp.com/. It is recommended that interested parties register at least 15 minutes prior to the start of the presentation to ensure timely access.

About Noble Financial

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

About Zix Corporation

ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies. For more information, visit http://www.zixcorp.com/.

Zix Corporation

CONTACT: Public Relations, Farrah Corley, +1-214-370-2175,
publicrelations@zixcorp.com, or Investor Relations, Peter Wilensky,
+1-214-515-7357, invest@zixcorp.com, both of Zix Corporation

Web site: http://www.zixcorp.com/
http://www.noblemadmax.com/

Verizon Wireless Network Primed and Ready for Democratic Party ConventionCompany adds new cell sites, expands capacity of existing sites and maximizes all network elements in the Mile High City to handle anticipated landslide of calls and data connections

DENVER, Aug. 18 /PRNewswire/ -- From the call-to-order to the final gavel, Verizon Wireless expects to handle five million more calls and data transmissions than normal during the August 25-28 Democratic National Convention (DNC) in Denver. Verizon Wireless' network is ready. The operator of the nation's most reliable voice and data network just completed months of preparation and fine-tuning city wide.

"With the arrival of an estimated 5,000 delegates, 15,000 media members and thousands of other visitors to the city during the DNC, our customers will be talking, texting, navigating and e-mailing with their wireless phones and devices at a record-setting pace," said Melanie Braidich, regional president for Verizon Wireless. "In keeping with our commitment to providing the reliable, high-quality service customers expect from Verizon Wireless, we have taken extraordinary steps to deliver the best possible wireless experience at all convention locations."

A solid campaign strategy Verizon Wireless' preparations include:

1) Adding three new cell sites downtown and installing a fully functional, mobile "cell-on-wheels" (COW) near the convention location that will allow thousands of extra calls and data transmissions to take place at the same time. The COW is part of a fleet of mobile cell sites the company maintains not only to enhance service surrounding large-scale events like the DNC, but also in times of natural disasters.

2) Increasing voice and data capacity across the existing wireless network in Denver, with special emphasis in the downtown area. Recent software upgrades at specific cell sites in the city double the voice capacity while boosting the data handling capacity up to four-fold.

3) Enhancing in-building coverage with special signal boosters and repeaters in area hotels, parking garages and key convention sites.

4) Fully staffing and operating a dedicated network Emergency Operations Center (EOC) 24 hours-a-day during the course of the convention.

5) Providing back-up microwave facilities in the event of fiber-line interruption or other landline connection failure.

6) Checking and re-checking built-in network redundancy features including the battery back-up power at all facilities and generators installed at all switching facilities and many cell site locations.

Grass roots investment

The company's ongoing network investment now totals more than $700 million in Colorado and $45 billion nationally since 2000 when the company was formed. In 2007, Verizon Wireless invested $102 million to expand and enhance its wireless network in Colorado, including the addition of 19 new cell sites. Already this year, the company has installed 23 more sites in Colorado and completed the upgrade of its entire 3G network to Evolution-Data Optimized (EV-DO) Revision A (Rev. A).

The Rev. A data network allows customers the ability to wirelessly download and upload e-mail, corporate data, videos, access the Internet and more at even faster speeds than the previous broadband network.

A winning ticket

Verizon Wireless, the most widely used brand of service in wireless, continues to be the wireless leader in customer loyalty. For the 15th consecutive quarter, Verizon Wireless led the industry in customer loyalty according to data released by the nation's largest wireless carriers over the past three weeks. Verizon Wireless, the leading wireless company with the most reliable wireless voice and data network, reported the lowest customer churn (turnover) in the second quarter of 2008.

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: Bob Kelley of Verizon Wireless, +1-303-694-8990,
robert.kelley@verizonwireless.com

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

Wireless Phone Users Near Waco, Missouri Now Experience Even Clearer Reception and Fewer Dropped CallsVerizon Wireless Activates Cell Site in Joplin Area

JOPLIN, Mo., Aug. 18 /PRNewswire/ -- Verizon Wireless, the only major carrier with a 30-day network test-drive pledge that pays for calls if a customer isn't satisfied and switches to another carrier, has activated a new cell site near Waco that expands network coverage and increases capacity, enabling more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; and download games and ringtones while enjoying clearer reception and fewer dropped calls.

This new cell site improves Verizon Wireless' voice and data network in southwestern Missouri, supplying better coverage and capacity in the vicinity of Joplin. Specifically, Verizon Wireless customers will experience better coverage along Highway 171 north from Carl Junction to the cities of Waco and Asbury. Additionally, the improved coverage stretches from Northeast 118th Street east to County Road 270.

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

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

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

This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Missouri and throughout the country. Verizon Wireless has invested $44 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $26 million has been spent in Missouri in the first half 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: Cheryl Bini Armbrecht, Cheryl.Bini@verizonwireless.com, or
Brenda Hill, Brenda.Hill@verizonwireless.com, both of Verizon Wireless,
+1-314-920-4444; or Jessica Gardner, +1-913-660-9638,
jgardner@morningstarcomm.com, for Verizon Wireless

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

WinSonic Digital Media Group Signs Agreement With IT/IS Telecom Solutions to Develop Integrated Enterprise Plan and Provide Management Consulting ServicesGlobal Telecommunications consulting firm to assist in contract fulfillment and development with prominent media and telecommunications companies such as Sony, Rainysongs, iTunes, Paramount, Universal, Jump Start, Swagg Media, Cogent, Verizon, AT&T, WinSonic Home Services, and WinSonic Distribution Services.

ATLANTA, Aug. 18 /PRNewswire-FirstCall/ -- WinSonic Digital Media Group, Ltd. (BULLETIN BOARD: WDMG) announced they have entered into an agreement with IT/IS Telecom Solutions to provide consulting services to WinSonic. IT/IS will develop for WinSonic an integrated enterprise plan and provide consulting services during implementation. This is critical to the roll out of the digital distribution platform WinSonic will provide to Sony, Rainysongs, iTunes, Paramount, Universal, Jump Start, Swagg Media, Cogent, Verizon, AT&T, WinSonic Home Services, and WinSonic Distribution Services.

IT/IS consultants have supported over 75 communications-based companies in over 50 countries. The firm is comprised of senior industry professionals with extensive experience in every aspect of communications industry strategy, engineering and operations, and enterprise development. It also is deeply involved with mission-critical communications company network, process and system transformation.

"Our legacy is in strategy and operations; and, we are expert in NGN and NextGen BSS/OSS technologies and systems. Our global experience and focus on creating value optimally enables us to support a company like WinSonic through all the lifecycles of its various initiatives. We understand the company's forward-thinking integrated telecom and digital media business model; and, our team is excited about supporting company leadership as it takes these major steps forward," said Robert Hebert, CEO of IT/IS Telecom Solutions.

"Development stage companies often suffer from an inability to attract executive talent that's tried and tested over a long period of time. The IT/IS relationship enables us to access a team that has performed at the highest levels of the global communications industry. Also, IT/IS executives have a powerful legacy of performing critical 'Interim Executive' roles and missions for successful development stage companies. That experience will enable WinSonic to avoid many of the pitfalls young companies frequently fall prey to," said Winston Johnson, Chairman and CEO of WinSonic Digital Media Group, Ltd.

About IT/IS Telecom Solutions:

IT/IS integrates world-class telecommunications, information technology, and information systems subject matter expertise with deep and broad managerial and operational experience in the industry. Our expertise encompasses communications industry-focused organizational, technology, operational, systems and financial issues.

IT/IS team members bring a common mindset to work assignments, namely, helping client technology, process and systems initiatives achieve their intended business objectives. Our company philosophy is to remain committed to supporting clients with customized solutions throughout the entire lifecycle of an initiative -- from strategy thru implementation planning thru execution.

The vast majority of IT/IS team members have worked as communications industry operations managers. Our professionals average in excess of 30 years of experience -- working in senior executive, managerial and technical roles with companies such as AT&T, Verizon, Sprint, Lucent / Bell Labs, Lockheed, Siemens, HP and other major telecom companies.

As an illustration, the IT/IS team includes: -- former President of the AT&T Global Network Organization -- former EVP of AT&T Business Innovation and Reengineering -- former Manager of AT&T Capital Finance and Planning -- former AT&T Corporate Strategy executives and M&A team members -- former Directors supporting AT&T, Verizon and Sprint international activities -- former industry CTOs and CIOs About WinSonic Digital Media Group, Ltd.

WinSonic Digital Media Group, Ltd. is a facilities-based media distribution solutions company with a distinctive video transport concept that enables users to view, interact, and listen to all types of audio, online video, and digital TV, in full-screen format, at high speeds, superb quality, and greatly reduced costs, while reducing the need for expensive high-speed connections.

Certain statements in this press release which are not historical or current fact constitute 'forward-looking statements' within the meaning of such term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms 'may,' 'will,' 'potential,' 'opportunity,' 'believes,' 'belief,' 'expects,' 'intends,' 'estimates,' 'anticipates' or 'plans' to be uncertain and forward looking. Such forward-looking statements are based on our best estimates of future results, performance or achievements, current conditions and the most recent results of the company. The forward- looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission including, but not limited to, its report on form 10-KSB for December 31, 2007. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and there can be no assurance that the actual results anticipated by the company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the company or its business or operations.

WinSonic Digital Media Group, Ltd.

CONTACT: Winston Johnson, Chairman, CEO of WinSonic Digital Media Group,
Ltd., +1-404-230-5705, +1-800-332-2730

NAVTEQ Joins Autodesk's Data Initiative for Geospatial CustomersNew Website Offers NAVTEQ Map Data to Autodesk Users

CHICAGO, Aug. 18 /PRNewswire-FirstCall/ -- NAVTEQ, a leading global provider of digital map data for vehicle navigation and location-based solutions, today announced that it has joined Autodesk's Data Initiative, which provides Autodesk's geospatial customers with online access to NAVTEQ's accurate, high quality map data via a uniquely designed website, http://www.navteq.com/autodesk.

The co-branded website is managed by American Digital Cartography, Inc. (ADCi) and provides Autodesk customers with the ability to license single or multiple counties of NAVTEQ's vector, street, and centerline data online. Once an order has been placed online, ADCi fulfills the order within minutes by providing Autodesk customers with an email containing URL(s) for downloading the NAVTEQ(R) data.

"As the demand for easy access to high-quality map data grows, NAVTEQ is pleased to collaborate with Autodesk and ADCi to offer Autodesk customers online access to NAVTEQ map data," said Roy Kolstad, vice president and general manager - Enterprise Americas, NAVTEQ. "Customers using AutoCAD Map 3D and Autodesk MapGuide Enterprise will now be able to utilize this website to download the most up-to-date NAVTEQ map data for incorporation into a variety of location-based applications."

"More and more location-based information is being incorporated into key programs and applications developed by our customers across the utility, telecommunications and government markets," said Lisa Campbell, vice president of Autodesk's geospatial division. "NAVTEQ is not only a world leading provider of digital map data, they have also successfully collaborated with Autodesk for many years. It's a great value to our customers to have NAVTEQ on board as an Autodesk Data Initiative partner."

About American Digital Cartography, Inc. (ADCi)

ADCi has been a leading authorized distributor for NAVTEQ data since 2001. During that time, ADCi has successfully helped hundreds of satisfied customers, in virtually every market, secure the correct NAVTEQ data and license for their mapping application. Headquartered in Appleton, Wisconsin, ADCi has specialized in providing digital mapping products and services since 1988.

About Autodesk

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

About NAVTEQ

NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has more than 3,600 employees located in 187 offices and in 39 countries.

NAVTEQ is a trademark in the U.S. and other countries. All rights reserved.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NAVTEQ

CONTACT: Jennifer Schuh of NAVTEQ, +1-312-894-3913,
jennifer.schuh@navteq.com; or Bob Richter, +1-212-802-8588,
bob@richtermedia.com, for NAVTEQ

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

Mandarin Oriental Hyde Park Selects Agilysys Point-of-Sale Solution

BOCA RATON, Florida, August 18 /PRNewswire/ --

- London Hotel Implements InfoGenesis POS(TM) by Agilysys to Streamline Food and Beverage Operations

Agilysys, Inc. (Nasdaq: AGYS), a leading provider of innovative IT solutions, including specifically-designed hospitality software solutions, has announced that Mandarin Oriental Hyde Park in London has selected the InfoGenesis POS(TM) system from Agilysys to streamline food and beverage operations and enhance guest service at the award-winning 200-room property, which is owned and managed by Mandarin Oriental Hotel Group.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO )

"We've taken the stance of using only 'Best of Breed' solutions in our hotels, and, in our opinion, Agilysys provides the most advanced point-of-sale solution on the market," said Mandarin Oriental Hotel Group's Vice President of Hotel Information Systems Gary McCallum. "The InfoGenesis POS combines an accessible user interface with powerful configuration and reporting tools, which enables us to provide exceptional guest service. It's always exciting to introduce new staff to the system -- particularly if they've worked with other POS solutions -- and watch their eyes light up when they use it. Its performance and flexibility are unmatched in the industry."

The InfoGenesis POS system combines the performance, familiarity and ease-of-use of Windows software with a relational database to deliver a robust point-of-sale solution scalable enough for hospitality operations of all sizes. The InfoGenesis POS solution can manage any combination of dining, bar, room service and gift shop operations. Features of the system include:

-- Real-time reporting capabilities that enable properties to create customized reports and review guest spending patterns; -- Sorting, filtering and grouping options that enable staff to locate information quickly and easily; -- Organizational controls that allow staff to monitor configuration changes in the system; and -- Encryption tools that ensure the security of guest data.

"The InfoGenesis POS solution has a successful track record at many of the world's leading hotels and is ideally suited to the needs of Mandarin Oriental Hyde Park," said Tina Stehle, senior vice president and general manager of Agilysys Hospitality Solutions Group. "The system's flexibility and functionality not only will enable the property's food and beverage operations to run at peak efficiency, but also will allow the hotel to capitalize on revenue opportunities like never before."

With the tranquility of Hyde Park on one side and the sophistication of Knightsbridge on the other, the historic five-star Mandarin Oriental Hyde Park boasts London's most perfect location. Breathtaking views of the park are offered from many of the sumptuous suites, as well as from the hotel's award-winning restaurants, Foliage and The Park, while Mandarin Bar is the center of the city's nightlife. The Spa at Mandarin Oriental offers a haven of tranquility in the heart of Knightsbridge where East and West blend in harmony, and a series of tailor-made treatments known as 'Time Rituals' draw on exotic therapies and philosophies from around the world.

About Agilysys, Inc.

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

PR Contact: Maureen Morreale, Agilysys, Inc., +1-440-519-8161, maureen.morreale@agilysys.com

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

Agilysys, Inc.

Maureen Morreale of Agilysys, Inc., +1-440-519-8161, maureen.morreale@agilysys.com ; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Sapiens Announces Appointment of Industry Veteran Eyal Ben-Chelouche to Board of Directors

CARY, North Carolina, August 18 /PRNewswire-FirstCall/ -- Sapiens International Corporation N.V. , a member of the Emblaze/Formula Group , today announced the appointment of Mr. Eyal Ben-Chelouche to the Company's Board of Directors.

Mr. Ben-Chelouche served as the Commissioner of Capital Market Insurance and Savings at the Israeli Ministry of Finance from 2002 through 2005, where he was responsible for implementation of fundamental reforms in pension savings. Prior to that, he served as a Deputy Commissioner of Capital Market Insurance and Savings and as a Senior Foreign Exchange and Investment Manager in the Foreign Exchange Department of the Bank of Israel. He also served as an Investment Officer in the Foreign Exchange Department of the Bank of England, in London.

Mr. Ben-Chelouche serves as Chairman of the Board of Directors of the Shahar Group, Chairman of the Advisory Board of Directors of the Shekel Group and as a director of Matrix IT Ltd. Mr. Ben-Chelouche also serves as Chairman of the Advisory Board of the Caesarea Center for Capital Markets and Risk Management. In 2005, Mr. Ben-Chelouche served as a member of the Bachar Committee on Capital Market Reform in Israel.

Mr. Ben-Chelouche replaces Dr. Ido Schechter, CEO of Top Image Systems Ltd. (NASDAQ and TASE: TISA) who stepped down from the Board of Directors.

Roni Al-Dor, President and CEO, commented, "Sapiens is further strengthened by the addition of Mr. Ben-Chelouche to our Board of Directors. We will benefit from his great experience, knowledge and expertise in the insurance industry. We are delighted that he is joining us."

Mr. Al-Dor added, "I would like to take this opportunity to thank Dr. Schechter for his work as a director over the last 2 years".

Eli Reifman, Chairman of the Board of Directors, commented, "The entry of an industry expert of the calibre of Mr. Ben-Chelouche is a true benefit and a strong boost for Sapiens. I believe that Sapiens can benefit from Mr. Ben-Chelouche's guidance and experience as it further penetrates the insurance market."

About Sapiens International

Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a member of Formula Group , which is a member of the Emblaze Group is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations to adapt quickly to change. Sapiens' innovative solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific, and has partnerships with market leaders such as IBM and EDS. Sapiens' clients include AXA, ING, Liverpool Victoria, Menora Mivtachim, Norwich Union, Occidental Fire & Casualty, OneBeacon, Principal Financial Group, Santam and Texas Farm Bureau among others. For more information, please visit http://www.sapiens.com/.

(Any statements in this press release that may be considered forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Actual results may differ from such forward-looking statements due to the risk factors discussed in periodic reports filed by Sapiens with the Securities and Exchange Commission, which Sapiens urges investors to consider).

For additional information: Roni Giladi Chief Financial Officer Sapiens International Tel: +972-8-938-2721 E-mail: IR.Sapiens@sapiens.com Roni Al-Dor Chief Executive Officer Sapiens International Tel: +972-8-938-2721 E-mail: IR.Sapiens@sapiens.com

Sapiens International Corporation

CONTACT: For additional information: Roni Giladi, Chief Financial
Officer, Sapiens International, Tel: +972-8-938-2721, E-mail:
IR.Sapiens@sapiens.com. Roni Al-Dor, Chief Executive Officer, Sapiens
International, Tel: +972-8-938-2721, E-mail: IR.Sapiens@sapiens.com

Verizon Employees in Massachusetts Donate Supplies to Assist Area SchoolsNearly $300,000 Worth of Items Collected from Employees Companywide Through 'Tools for School' Campaign

BOSTON, Aug. 18 /PRNewswire/ -- Verizon employees from 19 work sites across Massachusetts collected supplies to donate to local schools and nonprofit organizations from Andover to Springfield during a recent Tools for School drive.

These employees were among Verizon employees at 372 company locations throughout the country who took part in the two-week campaign to collect new pens and pencils, rulers, crayons, backpacks, and other items children need to start the school year. In all, employees donated an estimated $300,000 worth of supplies to more than 300 schools and nonprofits across the U.S.

According to a study by Quality Education Data (QED) and the Heller Reports, K-12 teachers spend an average of $475 of their own money each year to buy classroom materials and supplies.

"Supporting education and literacy has long been a primary social cause for Verizon," said Donna Cupelo, Verizon region president for Massachusetts and Rhode Island. "Whether it's by providing interactive educational tools on Verizon's Thinkfinity.org Web site, or pencils and crayons for the classroom, Verizon will continue to support efforts to give parents, students and teachers the tools needed to help all children succeed."

Thinkfinity.org is the Verizon Foundation's comprehensive program and online portal to 55,000 standards-based, grade-specific, K-12 lesson plans and other educational resources provided in partnership with many of the nation's leading educational and literacy organizations.

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

For more information on the foundation, visit http://www.verizon.com/foundation.

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

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

Verizon

CONTACT: Stephanie Lee of Verizon, +1-617-743-5440,
stephanie.s.lee@verizon.com

Web Site: http://thinkfinity.org/
http://www.verizon.com/foundation
http://www.verizon.com/news

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

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News archive of November 2009
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