3SBio Inc. to Hold Annual General Meeting

SHENYANG, China, Aug. 20 /Xinhua-PRNewswire-FirstCall/ -- 3SBio Inc. , a leading China-based biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, today announced that the 2008 Annual General Meeting of Shareholders of 3SBio Inc. will be held on September 12, 2008 (Friday) at 10:00 a.m. (Beijing time) at No.3 A1, Road 10, Shenyang Economy & Technology Development Zone, Shenyang 110027, People's Republic of China.

Further information is available on the 3SBio Inc. website at http://www.3sbio.com/ under the heading "Investors", and additional information about 3SBio Inc. is available in its annual report on Form 20-F for the year ending December 31, 2007 filed with the U.S. Securities and Exchange Commission, which can be accessed at the following link: http://bbs.3sbio.com/en/News/ShowInfo_n16.aspx?ID=30 .

About 3SBio Inc.

3SBio Inc. is a leading, fully integrated biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, primarily in China.

For more information, please visit 3SBio on the web at http://www.3sbio.com/ .

For further information, please contact: Investor Contact: Kevin Teo, CFO 3SBio Inc. Tel: +86-24-2581-1820 Investor Relations (US): Mahmoud Siddig Taylor Rafferty Tel: +1-212-889-4350 Investor Relations (HK): Ruby Yim Taylor Rafferty Tel: +852-3196-3712 Media Contact: Jason Marshall Taylor Rafferty Tel: +1-212-889-4350

3SBio Inc.

CONTACT: For Investor Contact, Kevin Teo, CFO of 3SBio Inc., +86-24-2581-
1820; for Investor Relations in US, Mahmoud Siddig of Taylor Rafferty, +1-212-
889-4350; for Investor Relations in HK, Ruby Yim of Taylor Rafferty, +852-
3196-3712; for Media Contact, Jason Marshall of Taylor Rafferty, +1-212-889-
4350. All for 3SBio Inc.

Web site: http://www.3sbio.com/

Salesforce.com Announces Record Fiscal Second Quarter ResultsFirst Ever Software as a Service Company to Exceed $1 Billion Annual Revenue Run Rate- Record Revenue of $263 Million, up 49% Year-Over-Year- Operating Cash Flow of $53 Million, up 53% Year-Over-Year- GAAP EPS of $0.08, up 167% Year-Over-Year- Record 4,100 New Customer Additions; Total Customers Now 47,700- Total Cash and Marketable Securities Increases $326 Million Year-Over-Year to $823 Million- Company Announces Strategic Acquisition of InStranet, Inc. to Accelerate Growth in Salesforce CRM Customer Service and Support- Company Raises FY09 Revenue Guidance to $1.070 - $1.075 Billion

SAN FRANCISCO, Aug. 20 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in Software as a Service (SaaS) and Platform as a Service (PaaS), today announced results for its fiscal second quarter ended July 31, 2008.

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"By becoming the first ever Software as a Service company to achieve an annualized revenue run rate of one billion dollars, our second quarter performance is a milestone for salesforce.com, and for the cloud computing industry, " said Marc Benioff, Chairman and CEO. "Our largest customers are increasingly becoming the best examples of what is possible using the power of our growing portfolio of Software as a Service applications and our emerging Platform as a Service."

Salesforce.com delivered the following results for its second quarter fiscal year 2009:

Revenue: Total Q2 revenue was $263.1 million, an increase of 49% on a year-over-year basis and an increase of 6% on a quarter-over-quarter basis. Subscription and support revenues were $239.7 million, an increase of 50% on a year-over-year basis and an increase of 6% on a quarter-over-quarter basis. Professional services and other revenues were $23.4 million, an increase of 41% on a year-over-year basis and an increase of 5% on a quarter-over-quarter basis.

Earnings per Share: Q2 GAAP diluted earnings per share were approximately $0.08, including approximately $19 million in stock based compensation and approximately $1.3 million in amortization of purchased intangibles related to previously announced acquisitions. For the basis of Q2 GAAP EPS calculations, there was an average of approximately 126 million diluted shares outstanding during the quarter.

Cash: Cash from operations for the fiscal second quarter was approximately $53 million, up 53% year-over-year, and seasonally down 37% from Q1. Total cash, cash equivalents and marketable securities finished the quarter at approximately $823 million, an increase of approximately $73 million from Q1 and up approximately $326 million from July 31, 2007.

Deferred Revenue: Deferred revenue was approximately $480 million as of July 31, 2008, an increase of 49% on a year-over-year basis and up 2% on a quarter-over-quarter basis.

Customers Additions: During the quarter net paying customers rose approximately 4,100, a company record, to approximately 47,700. Compared with the year ago quarter, net paying customers have grown by approximately 12,400.

InStranet Acquisition: Earlier today, salesforce.com announced the acquisition of InStranet, the leading provider of knowledge management technology for business to consumer call centers. The addition of this innovative technology will increase the momentum of Salesforce CRM Customer Service and Support in a growing market, which is currently estimated at $3.4 billion by Gartner (Gartner, Market Trends: CRM Software, Worldwide, 2007- 2012, March 31, 2008). Salesforce.com's acquisition of InStranet closed on August 4, 2008, for approximately $31.5 million, which includes the assumption of $4.2 million in cash on InStranet's balance sheet.

Guidance: As of August 20, 2008, salesforce.com is initiating guidance for its third quarter, fiscal year 2009. In addition, the company is updating its revenue and earnings per share guidance for its full fiscal year 2009.

Q3 FY09: Revenue for the company's third fiscal quarter is projected to be in the range of approximately $273 million to approximately $274 million. Excluding the effect of the InStranet acquisition, the company's EPS outlook is $0.08 to $0.09. Including the effect of the InStranet acquisition, estimated at $0.02 for the third quarter, the company is issuing guidance that its GAAP fully diluted EPS will be in the range of $0.06 to $0.07. The GAAP EPS estimate also includes the effects of stock based compensation and the amortization of purchased intangibles. For the third fiscal quarter, stock based compensation expense is expected to be approximately $20 million, and the expense associated with amortization of purchased intangibles, including that associated with the acquisition of InStranet, is expected to be approximately $2.0 million. For purposes of the Q3 GAAP fully diluted EPS calculation, the company is expecting an average diluted shares count of approximately 127 million shares, and a GAAP tax rate of 48%.

Fiscal FY09: The company is raising its full year revenue guidance it provided on May 21, 2008, with revenue now expected to be in the range of approximately $1.070 billion to approximately $1.075 billion. Excluding the effect of the InStranet acquisition the company's EPS outlook has improved to $0.34 to $0.35, from its prior guidance of $0.33 to $0.34. Including the effect of the InStranet acquisition, estimated at $0.05 for the full year, the company is updating its fiscal FY09 GAAP fully diluted EPS guidance to be in the range of $0.29 to $0.30. The GAAP EPS estimate includes the effects of stock based compensation and the amortization of purchased intangibles. For the full fiscal year 2009, stock based compensation expense is expected to be approximately $83 million, and the expense associated with the amortization of purchased intangibles, including that associated with InStranet, is currently expected to be approximately $6.6 million. For purposes of the fiscal year 2009 GAAP fully diluted EPS calculation, the company is expecting an average diluted share count of approximately 126 million shares, and a GAAP tax rate of 48%.

Quarterly Conference Call

Salesforce.com will host a conference call to discuss its second quarter fiscal 2009 results today at 2:00 p.m. Pacific Time. A live audio webcast of the conference call, together with detailed financial information, can be accessed through the company's Investor Relations Web site at http://www.salesforce.com/investor. In addition, an archive of the webcast can be accessed through the same link. Participants who choose to call in to the conference call can do so by dialing domestically 866-901-SFDC or 866-901-7332 and internationally 706-902-1764. A replay will be available at (800) 642-1687 or (706) 645-9291, passcode 59172236, until midnight Eastern Time September 5, 2008.

About salesforce.com

Salesforce.com is the market and technology leader in Software as a Service (SaaS) and Platform as a Service (PaaS). The company's portfolio of SaaS applications, including its award-winning CRM, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet. The company's Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com/, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace available at http://www.salesforce.com/appexchange/.

As of July 31, 2008, salesforce.com manages customer information for approximately 47,700 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.

"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements about expected revenue and GAAP earnings per share for the third fiscal quarter of 2009 and the full fiscal year 2009, and our expected tax rate, stock based compensation expense, amortization rate, and shares outstanding, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.

The risks and uncertainties referred to above include -- but are not limited to -- risks associated with possible fluctuations in our financial and operating results, rate of growth and anticipated revenue run rate; errors, interruptions or delays in our service or our Web hosting; breaches of our security measures; the financial impact the acquisition of InStranet and any future acquisitions; the nature of our business model; our ability to continue to release, and gain customer acceptance of, new and improved versions of our service; successful customer deployment and utilization of our existing and future services; competition; various financial aspects of our subscription model; the emerging market in which we operate; our ability to hire, retain and motivate our employees and manage our growth; changes in our customer base; technological developments; regulatory developments; unanticipated changes in our effective tax rate; and fluctuations in the number of shares we have outstanding, the price of such shares, foreign currency exchange rates and interest rates.

Further information on these and other factors that could affect our financial results is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings we make with the Securities and Exchange Commission from time to time, including our Form 10-Q that will be filed for the quarter ended July 31, 2008 and our Form 10-K for the fiscal year ended January 31, 2008. These documents are or will be available on the SEC Filings section of the Investor Information section of our website at http://www.salesforce.com/investor.

Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Copyright (c) 2008 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.

salesforce.com, inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (Unaudited) Three Months Ended Six Months Ended July 31, July 31, 2008 2007 2008 2007 Revenues: Subscription and support $239,720 $159,998 $465,061 $307,688 Professional services and other 23,357 16,581 45,638 31,303 Total revenues 263,077 176,579 510,699 338,991 Cost of revenues (1): Subscription and support 30,668 22,375 59,378 42,559 Professional services and other 23,423 19,037 46,011 38,020 Total cost of revenues 54,091 41,412 105,389 80,579 Gross profit 208,986 135,167 405,310 258,412 Operating expenses (1): Research and development 24,033 15,096 43,800 29,217 Marketing and sales 130,774 90,216 253,478 174,141 General and administrative 38,081 26,508 76,513 51,593 Total operating expenses 192,888 131,820 373,791 254,951 Income from operations 16,098 3,347 31,519 3,461 Interest, net 6,708 5,615 13,430 10,622 Other income (expense) (840) 280 (1,603) 449 Income before provision for income taxes and minority interest 21,966 9,242 43,346 14,532 Provision for income taxes (10,558) (4,653) (20,869) (8,495) Income before minority interest 11,408 4,589 22,477 6,037 Minority interest in consolidated joint venture (1,412) (854) (2,926) (1,572) Net income $9,996 $3,735 $19,551 $4,465 Basic net income per share $0.08 $0.03 $0.16 $0.04 Diluted net income per share $0.08 $0.03 $0.16 $0.04 Shares used in computing basic net income per share 120,863 116,294 120,321 115,637 Shares used in computing diluted net income per share 125,626 121,333 125,091 120,993 (1) Amounts include stock-based expenses, as follows: Cost of revenues $2,657 $1,965 $5,332 $3,739 Research and development 2,259 1,510 4,358 2,787 Marketing and sales 8,749 6,265 16,870 11,884 General and administrative 5,219 3,691 10,389 7,033 Total stock-based expenses $18,884 $13,431 $36,949 $25,443 salesforce.com, inc. Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended July 31, July 31, 2008 2007 2008 2007 Revenues: Subscription and support 91% 91% 91% 91% Professional services and other 9 9 9 9 Total revenues 100 100 100 100 Cost of revenues: Subscription and support 12 12 12 13 Professional services and other 9 11 9 11 Total cost of revenues 21 23 21 24 Gross profit 79 77 79 76 Operating expenses: Research and development 9 9 8 9 Marketing and sales 50 51 50 51 General and administrative 14 15 15 15 Total operating expenses 73 75 73 75 Income from operations 6 2 6 1 Interest, net 2 3 2 3 Other income (expense) 0 0 0 0 Income before provision for income taxes and minority interest 8 5 8 4 Provision for income taxes (3) (2) (3) (2) Income before minority interest 5 3 5 2 Minority interest in consolidated joint venture (1) (1) (1) (1) Net income 4% 2% 4% 1% Stock-based expenses as a percentage of total revenues, as follows: Cost of revenues 1% 1% 1% 1% Research and development 1 1 1 1 Marketing and sales 3 4 3 4 General and administrative 2 2 2 2 Total stock-based expenses 7% 8% 7% 8% salesforce.com, inc. Condensed Consolidated Balance Sheets (in thousands) July 31, January 31, 2008 2008 unaudited Assets Current assets: Cash and cash equivalents $427,043 $279,095 Short-term marketable securities 151,298 171,748 Accounts receivable, net 146,982 220,061 Deferred commissions 35,751 35,679 Deferred income taxes 7,906 7,173 Prepaid expenses and other current assets 33,148 27,055 Total current assets 802,128 740,811 Marketable securities, noncurrent 245,076 218,957 Fixed assets, net 56,643 41,380 Deferred commissions, noncurrent 14,615 16,435 Deferred income taxes, noncurrent 34,989 26,512 Capitalized software, net 24,218 23,061 Goodwill 8,556 8,556 Other assets, net 17,318 13,881 Total assets $1,203,543 $1,089,593 Liabilities and stockholders' equity Current liabilities: Accounts payable $14,428 $7,478 Accrued expenses and other current liabilities 117,180 125,996 Income taxes payable 1,269 3,622 Deferred revenue 466,948 468,821 Total current liabilities 599,825 605,917 Income taxes payable, noncurrent 10,289 8,465 Long-term lease abandonment liability and other 2,986 2,136 Deferred revenue, noncurrent 12,598 12,073 Minority interest 11,869 8,943 Total liabilities 637,567 637,534 Stockholders' equity: Common stock 121 119 Additional paid-in capital 568,078 471,802 Accumulated other comprehensive loss (4,188) (2,276) Retained earnings (deficit) 1,965 (17,586) Total stockholders' equity 565,976 452,059 Total liabilities and stockholders' equity $1,203,543 $1,089,593 salesforce.com, inc. Condensed Consolidated Statements of Cash Flows (in thousands) (Unaudited) Three Months Ended Six Months Ended July 31, July 31, 2008 2007 2008 2007 Operating activities: Net income $9,996 $3,735 $19,551 $4,465 Adjustments to reconcile net income to net cash provided by operating activities: Minority interest 1,412 854 2,926 1,572 Depreciation and amortization 8,870 6,045 17,028 10,893 Amortization of deferred commissions 13,907 9,644 28,630 18,683 Expenses related to stock-based awards 18,884 13,431 36,949 25,443 Excess tax benefits from employee stock plans (11,843) (8,920) (24,541) (15,206) Changes in assets and liabilities 11,849 9,865 56,364 25,634 Net cash provided by operating activities 53,075 34,654 136,907 71,484 Investing activities: Changes in marketable securities (25,118) (13,735) (8,578) (47,947) Capital expenditures (13,036) (10,104) (37,213) (26,061) Net cash provided by investing activities (38,154) (23,839) (45,791) (74,008) Financing activities: Proceeds from the exercise of stock options and warrants 22,525 15,404 34,010 23,704 Excess tax benefits from employee stock plans 11,843 8,920 24,541 15,206 Principal payments on capital lease obligations (6) (5) (163) Net cash provided by financing activities 34,368 24,318 58,546 38,747 Effect of exchange rate changes (794) 324 (1,714) 118 Net increase in cash and cash equivalents 48,495 35,457 147,948 36,341 Cash and cash equivalents, beginning of period 378,548 87,492 279,095 86,608 Cash and cash equivalents, end of period $427,043 $122,949 $427,043 $122,949 salesforce.com, inc. Additional Metrics (Unaudited) Jul 31, Apr 30, Jan 31, Oct 31, Jul 31, Apr 30, 2008 2008 2008 2007 2007 2007 Full Time Equivalent Headcount 3,046 2,864 2,606 2,461 2,302 2,243 Financial data (in thousands): Cash, cash equivalents and marketable securities $823,417 $750,633 $669,800 $571,003 $497,191 $448,071 Deferred revenue, current and non-current $479,546 $470,297 $480,894 $340,808 $321,852 $295,672 Three Months Ended Six Months Ended July 31, July 31, 2008 2007 2008 2007 Revenues by geography (in thousands): Americas $188,563 $133,343 $366,934 $257,795 Europe 49,356 29,160 94,520 54,734 Asia Pacific 25,158 14,076 49,245 26,462 $263,077 $176,579 $510,699 $338,991 As a percentage of total revenues: Revenues by geography: Americas 72% 76% 72% 76% Europe 19 16 19 16 Asia Pacific 9 8 9 8 100% 100% 100% 100%

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CONTACT: David Havlek, Investor Relations, +1-415-536-2171,
dhavlek@salesforce.com, or Jane Hynes, Public Relations, +1-415-901-5079,
jhynes@salesforce.com, both of salesforce.com

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

Bally Technologies, Inc. Announces Record Earnings for the Fiscal Year Ended June 30, 2008 on Record Revenues of $900 Million- REPORTS $1.85 FISCAL YEAR DILUTED EPS VERSUS $0.40 LAST YEAR AND FISCAL YEAR OPERATING MARGIN OF 22 PERCENT VERSUS 10 PERCENT LAST YEAR- SYSTEMS REVENUE UP 54 PERCENT TO RECORD $206 MILLION- GAMING OPERATIONS REVENUE UP 34 PERCENT TO RECORD $236 MILLION- FISCAL 2009 DILUTED EPS GUIDANCE REAFFIRMED AT $2.10 TO $2.50- BOARD AUTHORIZES STOCK REPURCHASE PLAN UP TO $100 MILLION

LAS VEGAS, Aug. 20 /PRNewswire-FirstCall/ -- Bally Technologies, Inc. , a leader in slots, video machines, casino management systems, and networked solutions for the global gaming industry, announced today record diluted earnings per share ("Diluted EPS") of $0.54 and $1.85 and record revenue of $247 million and $900 million, for the three and twelve months ended June 30, 2008, respectively. Diluted EPS adjusted for share-based compensation ("Adjusted EPS") for the three and twelve months ended June 30, 2008 was $0.57 and $2.00, respectively.

"Our record fiscal year confirms that we are continuing to execute on our strategy to deliver industry-leading technology and games that perform and provide value for our customers," said Richard M. Haddrill, the Company's Chief Executive Officer. "The steady increase in our gaming operations install base and our growing foundation of systems customers continues to drive our recurring revenues and is helping to deliver greater shareholder value. We are executing very well on innovation and delivery across all product lines."

"We are pleased with our continued strength in North American ship share and are well-positioned in this challenging replacement cycle because of our improved suite of products and our customer-centric team," said Gavin Isaacs, the Company's Chief Operating Officer. "Our growing market share reflects the continued demand for Bally games and the strength of our Alpha-based products."

Fourth Quarter Fiscal 2008 Highlights Three Months Ended June 30, Year Ended June 30, 2008 2007 2008 2007 (dollars in millions, except per share amounts) Revenues: Bally Gaming and Systems $236.3 $190.8 $852.4 $634.6 Casino Operations 11.1 11.6 47.3 47.7 Total revenue $247.4 $202.4 $899.7 $682.3 Net income $31.3 $18.5 $107.2 $22.3 Adjusted EBITDA $75.2 $52.3 $271.8 $138.5 Diluted EPS $0.54 $0.33 $1.85 $0.40

Three Months Ended June 30, 2008 Compared with Three Months Ended June 30, 2007

-- Total revenues increased 22 percent to $247.4 million as compared with $202.4 million in the same period last year.

-- Operating income increased by 63 percent to $56.4 million as compared with $34.6 million in the same period last year.

-- Operating margin was 23 percent in the three months ended June 30, 2008 as compared with 17 percent in the same period last year.

-- Net income increased by 69 percent to $31.3 million, as compared with $18.5 million in the same period last year.

-- Adjusted EBITDA was $75.2 million, a 44-percent increase as compared with the same period last year.

-- Selling, general and administrative ("SG&A") expenses declined to 27 percent of total revenue from 28 percent for the same period last year.

Year Ended June 30, 2008 Compared with Year Ended June 30, 2007

-- Total revenues increased 32 percent to $899.7 million as compared with $682.3 million in the same period last year.

-- Operating income increased by 197 percent to $199.2 million as compared with $67.0 million in the same period last year.

-- Operating margin was 22 percent in the year ended June 30, 2008 as compared with 10 percent in the same period last year.

-- Net income increased by 380 percent to $107.2 million, as compared with $22.3 million in the same period last year.

-- Adjusted EBITDA was $271.8 million, a 96-percent increase as compared with the same period last year.

-- SG&A expenses declined to 27 percent of total revenue from 30 percent for the same period last year.

Summary financial information for the Bally Gaming Equipment and Systems segment for the three and twelve months ended June 30, 2008 and 2007 is presented below:

Three Months Ended June 30, % % 2008 Rev 2007 Rev (dollars in millions) Revenues: Gaming Equipment (1) $113.7 48% $104.7 55% Gaming Operations 68.8 29% 50.6 26% Systems (1) 53.8 23% 35.4 19% Total revenues $236.3 100% $190.7 100% Gross Margin: Gaming Equipment $50.7 45% $43.0 41% Gaming Operations 46.9 68% 32.1 63% Systems 40.2 75% 27.1 77% Total gross margin $137.8 58% $102.2 54% Selling, general and administrative $55.0 23% $45.0 24% Research and development costs 17.7 7% 13.5 7% Depreciation and amortization 3.7 2% 4.3 2% Operating income $61.4 26% $39.4 21% Year Ended June 30, % % 2008 Rev 2007 Rev (dollars in millions) Revenues: Gaming Equipment (1) $410.1 48% $324.1 51% Gaming Operations 236.0 28% 176.4 28% Systems (1) 206.3 24% 134.1 21% Total revenues $852.4 100% $634.6 100% Gross Margin: Gaming Equipment $182.8 45% $117.8 36% Gaming Operations 155.6 66% 104.6 59% Systems 151.3 73% 96.4 72% Total gross margin $489.7 57% $318.8 50% Selling, general and administrative $198.6 23% $169.0 27% Research and development costs 60.8 7% 51.9 8% Depreciation and amortization 14.8 2% 18.1 3% Operating income $215.5 25% $79.8 13% (1) Gross Margin from Gaming Equipment and Systems excludes amortization related to certain intangibles, including core technology and license rights, which is included in depreciation and amortization. Three Months Ended Year Ended June 30, June 30, 2008 2007 2008 2007 Operating Statistics: New gaming devices sold 7,360 7,241 26,397 21,372 Original Equipment Manufacturer ("OEM") units sold - - - 1,605 New unit Average Selling Price ("ASP") $13,329 $12,596 $13,294 $12,617 End-of-period installed base: Wide-area and local-area progressive systems 1,289 1,343 Rental and daily-fee games (1) 13,938 7,126 Lottery systems 8,008 7,791 Centrally determined systems (1) (2) 44,229 34,799 (1) Certain devices previously included in centrally determined systems that were converted to standalone devices have been reclassified to rental and daily-fee games. (2) Daily-fee revenue from approximately 6,900 units included in the centrally determined systems end-of-period installed base total as of June 30, 2008 is currently being deferred based upon the completion of certain contractual commitments necessary to recognize revenue under the Company's revenue-recognition policy. There were no similar deferrals as of June 30, 2007. Highlights of Certain Results for the Three Months Ended June 30, 2008 Gaming Equipment

-- Revenues increased nine percent to approximately $113.7 million as compared with the same period last year.

-- New gaming device sales increased to 7,360 units as compared with 7,241 units in the same period last year.

-- ASP of new gaming devices, excluding OEM sales, increased six percent primarily as a result of product mix.

-- Gross margin increased from 41 percent in the same period last year to 45 percent, primarily due to the increase in ASP discussed above and improved purchasing and manufacturing efficiencies due to increased volumes and lower manufacturing costs due to the standardization of game platforms.

Gaming Operations

-- Revenues increased 36 percent to approximately $68.8 million as compared with the same period last year.

-- Gross margin increased to 68 percent from 63 percent for the same period last year, principally due to increases in certain participation and rental revenue with a relatively fixed cost of operating expenses and a reduction in royalty expense related to the removal of third-party games.

-- Revenue and gross margin in fiscal 2007 included daily fees that relate to certain contracts which have been deferred in fiscal 2008. Approximately $3.0 million in daily fees generated during the fourth quarter of fiscal 2008 were deferred pending delivery of certain contractual commitments.

Systems

-- Revenues increased 52 percent to approximately $53.8 million as compared with the same period last year, primarily as a result of continued acceptance of the Company's products including the Company's iVIEW(TM) player-communication devices and Power Bonusing(TM) software.

-- Gross margin of 75 percent reflected a slight decline from 77 percent for the same period last year as a result of product mix.

-- Maintenance revenues increased to approximately $11.5 million from approximately $9.4 million in the same period last year.

-- As of June 30, 2008, the total number of iVIEW player-communication devices purchased and committed to be purchased was approximately 120,000 units.

Highlights of Certain Results for the Year Ended June 30, 2008 Gaming Equipment

-- Revenues increased 27 percent to approximately $410.1 million as compared with the same period last year.

-- New gaming device sales increased 24 percent to 26,397 units as compared with 21,372 units in the same period last year.

-- ASP of new gaming devices, excluding OEM sales, increased five percent primarily due to product mix and price increases during the period.

-- Gross margin increased to 45 percent from 36 percent in the same period last year, primarily due to the increase in ASP discussed above and improved purchasing and manufacturing efficiencies due to increased volumes and lower manufacturing costs due to the standardization of game platforms.

Gaming Operations

-- Revenues increased 34 percent to approximately $236.0 million as compared with the same period last year.

-- Gross margin increased to 66 percent from 59 percent for the same period last year principally due to increases in certain participation and rental revenue with a relatively fixed cost of operating expenses and a reduction in royalty expense related to the removal of third-party games.

-- Revenue and gross margin in fiscal 2007 included daily fees that relate to certain contracts which have been deferred in fiscal 2008. Approximately $12.5 million in daily fees generated during the year ended June 30, 2008 were deferred pending delivery of certain contractual commitments.

Systems

-- Revenues increased 54 percent to approximately $206.3 million as compared with the same period last year primarily as a result of continued acceptance of the Company's products including its iVIEW player-communication devices and Power Bonusing software.

-- Gross margin increased to 73 percent from 72 percent in the same period last year primarily as a result of product mix.

-- Maintenance revenues increased to approximately $41.8 million from approximately $34.3 million in the same period last year.

Share Repurchase Program

During the fourth quarter of fiscal 2008, the Company repurchased 156,200 shares of its common stock, at prices between $39.41 and $42.71, for total consideration of $6.4 million. During fiscal 2008, the Company repurchased a total of 436,200 shares of its common stock under its share repurchase plan for total consideration of $17.1 million.

On August 12, 2008, the Company's Board of Directors reset its existing share repurchase authorization to purchase up to $100.0 million worth of common stock.

During fiscal 2008, the Company repurchased a total of 585,453 shares of its common stock for consideration of $23.1, which included 149,253 shares purchased outside its repurchase plan.

Business Update - Fiscal 2009

Robert Caller, the Company's Chief Financial Officer, said, "Reflecting continued strong demand for our products and services across all business lines despite the current economic environment, we are reaffirming our fiscal 2009 earnings per share guidance which represents estimated growth of 14 to 35 percent over fiscal 2008 diluted earnings per share."

The Company reaffirmed its fiscal 2009 guidance for Diluted EPS of $2.10 to $2.50 and Adjusted EPS between $2.27 to $2.67.

As previously disclosed, the Company's fiscal 2009 Diluted EPS guidance anticipates continued year-over-year growth in each of game sales, gaming operations, and system revenues. The Company continues to forecast an increase in the placement of premium daily-fee games and rental games, a modest increase in the number of gaming devices sold with continued margin improvements on game sales, and continued growth in its system business. The Company also expects its selling, general and administrative expenses as a percentage of revenue to be lower in fiscal 2009 as compared with fiscal 2008 and expects improved operating margin in fiscal 2009 as compared with fiscal 2008.

The Company has provided this broad range of earnings guidance for fiscal 2009 to give investors general information on the overall direction of its business at this time. The guidance provided is subject to numerous uncertainties, including, among others, overall economic conditions, the market for gaming devices and systems, competitive product introductions, complex revenue-recognition rules related to the Company's business, and assumptions about the Company's new product introductions and regulatory approvals. The Company may update this fiscal 2009 guidance from time to time as the year progresses.

Non-GAAP Financial Measures

The following table reconciles the Company's net income, as determined in accordance with generally accepted accounting principles ("GAAP"), to Adjusted EBITDA:

Three Months Ended Year Ended June 30, June 30, 2008 2007 2008 2007 (in 000s) Net income $31,260 $18,486 $107,207 $22,328 Interest expense, net 5,054 6,811 23,051 30,584 Income tax expense 19,510 8,169 66,793 10,975 Depreciation and amortization 16,394 14,856 61,733 59,528 Share-based compensation 2,997 3,980 13,017 15,070 Adjusted EBITDA $75,215 $52,302 $271,801 $138,485

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization and share-based compensation) is a supplemental non-GAAP financial measure used by the Company's management and is commonly used by industry analysts to evaluate the Company's financial performance. Adjusted EBITDA provides additional information about the Company's ability to service debt and is frequently used by investors and financial analysts in the gaming industry in measuring and comparing Bally's leverage, liquidity, and operating performance to other gaming companies. Adjusted EBITDA should not be considered an alternative to operating income or net cash from operations as determined in accordance with GAAP. Not all companies calculate Adjusted EBITDA the same way and the Company's presentation may be different from those presented by other companies.

The following table reconciles the Company's Diluted EPS, as determined in accordance with GAAP, to Adjusted EPS:

Three Year Months Ended Ended June 30, June 30, Fiscal 2009 Range 2008 2008 Low High Diluted EPS $0.54 $1.85 $2.10 $2.50 Share-based compensation, net of income tax benefit 0.03 0.15 0.17 0.17 Adjusted EPS $0.57 $2.00 $2.27 $2.67

The Company provides Adjusted EPS for the three months and the year ended June 30, 2008 and the estimated range of Adjusted EPS for fiscal 2009 in this press release as additional information regarding the Company's operating results for the three months and the year ended June 30, 2008 and expected operating results for fiscal 2009. Adjusted EPS adds back the impact of stock-based compensation, net of tax, to Diluted EPS as determined in accordance with GAAP. The Company believes that this presentation of Adjusted EPS facilitates investors' understanding of Bally's historical operating trends because it provides important supplemental information in evaluating the operating results of the business. Adjusted EPS is not an alternative to Diluted EPS as determined in accordance with GAAP.

Earnings Conference Call and Webcast

As previously announced, the Company is hosting a conference call and webcast today at 4:30 p.m. EDT (1:30 p.m. PDT). The conference-call dial-in number is 866-270-6057 or 617-213-8891 (passcode: Bally) and the webcast can be accessed by visiting http://www.ballytech.com/ and selecting "Investor Relations." Interested parties should initiate the call and webcast process at least five minutes prior to the beginning of the presentation. For those who miss this event, an archived version will be available at http://www.ballytech.com/ until September 20, 2008.

About Bally Technologies, Inc.

With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally's product line includes reel-spinning slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. As the world's No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates the Rainbow Casino in Vicksburg, Miss. Additional Company information, including the Company's investor presentations, can be found at http://www.ballytech.com/.

This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today's date.

- BALLY TECHNOLOGIES, INC. - Investor Contact: Robert Caller Media Contact: Laura Olson-Reyes (702) 584-7982 (702) 584-7742 rcaller@ballytech.com lolson-reyes@ballytech.com BALLY TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS Three Months Ended Year Ended June 30, June 30, 2008 2007 2008 2007 (in 000s) Revenues: Gaming equipment and systems $167,520 $140,123 $616,409 $458,231 Gaming operations 68,746 50,642 235,983 176,412 Casino operations 11,134 11,624 47,299 47,675 247,400 202,389 899,691 682,318 Costs and expenses: Cost of gaming equipment and systems (1) 76,528 70,039 282,248 244,040 Cost of gaming operations 21,887 18,527 80,394 71,838 Direct cost of casino operations 4,515 4,463 18,847 18,046 Selling, general and administrative 65,592 55,953 239,271 207,103 Research and development costs 17,766 13,513 60,825 51,912 Depreciation and amortization 4,738 5,265 18,913 22,376 191,026 167,760 700,498 615,315 Operating income 56,374 34,629 199,193 67,003 Other income (expense): Interest income 1,008 953 3,844 2,957 Interest expense (6,062) (7,764) (26,895) (33,541) Other, net 200 541 2,474 1,687 Income before income taxes and minority interest 51,520 28,359 178,616 38,106 Income tax expense (19,510) (8,169) (66,793) (10,975) Minority interest (750) (1,704) (4,616) (4,803) Net income $31,260 $18,486 $107,207 $22,328 Basic and diluted earnings per share: Basic earnings per share $0.57 $0.35 $1.97 $0.42 Diluted earnings per share $0.54 $0.33 $1.85 $0.40 Weighted average shares outstanding: Basic 54,706 53,581 54,428 53,190 Diluted 58,288 56,434 58,157 55,543 (1) Cost of gaming equipment and systems excludes amortization related to certain intangibles, including core technology and license rights, which are included in depreciation and amortization.

Bally Technologies, Inc.

CONTACT: investors, Robert Caller, +1-702-584-7982,
rcaller@ballytech.com, or media, Laura Olson-Reyes, +1-702-584-7742,
lolson-reyes@ballytech.com, both of Bally Technologies, Inc.

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

Synopsys Posts Financial Results for Third Quarter Fiscal Year 2008

MOUNTAIN VIEW, Calif., Aug. 20 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today reported results for its third quarter ended July 31, 2008.

For the third quarter, Synopsys reported revenue of $344.1 million, a 13.2 percent increase compared to $304.1 million for the third quarter of fiscal 2007.

"Our technology and product pipeline are strong throughout our broad portfolio, and we are seeing good competitive momentum," said Aart de Geus, chairman and CEO of Synopsys. "Even at a time of increased customer caution around spending, Synopsys continues to perform well."

GAAP Results

On a generally accepted accounting principles (GAAP) basis, net income for the third quarter of fiscal 2008 was $57.7 million, or $0.39 per share, compared to $24.9 million, or $0.17 per share for the third quarter of fiscal 2007. GAAP earnings per share included a $17.3 million tax benefit associated with the settlement of an IRS tax issue for fiscal years 2000 and 2001.

Non-GAAP Results

On a non-GAAP basis, net income for the third quarter of fiscal 2008 was $64.5 million, or $0.44 per share, compared to non-GAAP net income of $47.7 million, or $0.32 per share, for the third quarter of fiscal 2007.

Non-GAAP net income consists of GAAP net income excluding employee share- based compensation expense calculated in accordance with FAS 123(R) and, to the extent incurred in a particular quarter or period, amortization of intangible assets (which could include in-process research and development charges), facilities realignment charges, and other significant items, including a tax benefit from a settlement with the IRS in the third quarter, and the related tax-effect of each, which, in the opinion of management, are infrequent or non-recurring. See "GAAP Reconciliation" below.

Financial Targets

Synopsys also provided its operating model targets for the fourth quarter and full fiscal year 2008. These targets constitute forward-looking information and are based on current expectations. For a discussion of factors that could cause actual results to differ materially from these targets, see "Forward-Looking Statements" below.

Fourth Quarter of Fiscal Year 2008 Targets: -- Revenue: $348 million - $356 million -- GAAP expenses: $295 million - $310 million -- Non-GAAP expenses: $273 million - $283 million -- Other income and expense: $0 - $3 million -- Tax rate applied in non-GAAP net income calculations: approximately 27 percent -- Fully diluted outstanding shares: 147 million - 152 million -- GAAP earnings per share: $0.23 - $0.29 -- Non-GAAP earnings per share: $0.36 - $0.39 -- Revenue from backlog: greater than 90 percent Full Fiscal Year 2008 Targets: -- Revenue: $1.332 billion - $1.340 billion -- Tax rate applied in non-GAAP net income calculations: approximately 26 percent -- Fully diluted outstanding shares: 147 million - 150 million -- GAAP earnings per share: $1.20 - $1.26 -- Non-GAAP earnings per share: $1.65 - $1.68 -- Cash flow from operations: $300 million - $325 million GAAP Reconciliation

Synopsys' management evaluates and makes decisions about the Company's business operations primarily based on the bookings, revenue, and direct, ongoing and recurring costs of those operations. Management does not believe amortization of intangible assets (including in-process research and development charges), facilities realignment charges and other significant infrequent items, including a tax benefit from a settlement with the IRS, are ongoing and recurring operating costs of its core software, intellectual property and service business operations. In addition, while employee share-based compensation expense calculated in accordance with FAS 123(R) constitutes an ongoing and recurring expense of the Company, such expense is excluded from non-GAAP results because it is not an expense that requires cash settlement by the Company and because such expense is not used by management to assess the core performance of the Company's business operations. Therefore, management excludes such costs, to the extent incurred in a particular quarter, from the following historical and targeted GAAP financial measures included in this earnings release: total cost of revenue, gross margin, total operating expenses, operating income, income before provision (benefit) for income taxes, provision (benefit) for income taxes, net income and net income per share.

For each such measure, excluding these costs provides management with more consistent, comparable information about the Company's core performance. For example, the Company does not undertake significant restructuring or realignments on a regular basis, and, as a result, excludes associated charges in order to enable better and more consistent evaluations of the Company's operating expenses before and after such actions are taken. Management also uses these measures to help it make budgeting decisions, for example, as between product support expenses (which affect cost of revenue and gross margin) and research and development, sales and marketing and general and administrative expenses (which affect operating expenses and operating margin). Finally, the availability of such information helps management track performance to both internal and externally communicated financial targets and to its competitors' operating results.

Management recognizes that the use of these non-GAAP measures has certain limitations, including the fact that management must exercise judgment in determining whether certain types of charges, such as those relating to workforce reductions executed in the ordinary course, should be excluded from non-GAAP results. However, management believes that, although it is important for investors to understand GAAP measures, providing investors with these non- GAAP measures gives them additional important information to enable them to assess, in a way management assesses, Synopsys' current and future continuing operations.

Reconciliation of Third Quarter Results

The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP net income and earnings per share for periods indicated below:

GAAP to Non-GAAP Reconciliation of Third Quarter Results (in thousands, except per share amounts) Income Statement Reconciliation Three Months Ended Nine Months Ended July 31, July 31, 2008 2007 2008 2007 GAAP net income $57,749 $24,855 $143,581 $89,477 Adjustments: Amortization of intangible assets 10,810 12,186 34,841 37,393 Share-based compensation 17,321 16,110 50,806 46,674 In-process research and development 4,800 2,100 4,800 2,100 Litigation settlement - - - (12,500) Facilities realignment charge - - - (645) Tax benefit from IRS settlement (17,253) - (17,253) - Tax effect (8,923) (7,552) (26,595) (17,634) Non-GAAP net income $64,504 $47,699 $190,180 $144,865 Three Months Ended Nine Months Ended July 31, July 31, 2008 2007 2008 2007 GAAP earnings per share $0.39 $0.17 $0.97 $0.60 Adjustments: Amortization of intangible assets 0.07 0.08 0.24 0.25 Share-based compensation 0.12 0.11 0.34 0.32 In-process research and development 0.03 0.01 0.03 0.01 Litigation settlement - - - (0.08) Facilities realignment charge - - - (0.01) Tax benefit from IRS settlement (0.12) - (0.12) - Tax effect (0.05) (0.05) (0.17) (0.12) Non-GAAP earnings per share $0.44 $0.32 $1.29 $0.97 Shares used in calculation 147,486 149,709 147,760 149,283 Reconciliation of Target Operating Results

The following tables reconcile the specific items excluded from GAAP in the calculation of target non-GAAP operating results for the periods indicated below:

GAAP to non-GAAP Reconciliation of Fourth Quarter Fiscal Year 2008 Targets (in thousands, except per share amounts) Range for Three Months Ending October 31, 2008 Low High Target GAAP expenses $295,000 $310,000 Adjustment: Estimated impact of amortization of intangible assets (9,000) (12,000) Estimated impact of share-based compensation (13,000) (15,000) Target non-GAAP expenses $273,000 $283,000 Range for Three Months Ending October 31, 2008 Low High Target GAAP earnings per share $0.23 $0.29 Adjustment: Estimated impact of amortization of intangible assets 0.08 0.06 Estimated impact of share-based compensation 0.10 0.08 Net non-GAAP tax effect (0.05) (0.04) Target non-GAAP earnings per share $0.36 $0.39 Shares used in non-GAAP calculation (midpoint of target range) 149,500 149,500 GAAP to Non-GAAP Reconciliation of Fiscal Year 2008 Targets Range for Fiscal Year Ending October 31, 2008 Low High Target GAAP earnings per share $1.20 $1.26 Adjustment: Estimated impact of amortization of intangible assets 0.32 0.30 Estimated impact of share-based compensation 0.44 0.43 In-process research and development 0.03 0.03 Tax benefit from IRS settlement (0.12) (0.12) Net non-GAAP tax effect (0.22) (0.22) Target non-GAAP earnings per share $1.65 $1.68 Shares used in non-GAAP calculation (midpoint of target range) 148,500 148,500 Earnings Call Open to Investors

Synopsys will hold a conference call for financial analysts and investors today at 2:00 p.m., Pacific Time. A live webcast of the call will be available at Synopsys' corporate website at http://www.synopsys.com/corporate/invest/invest.html. A recording of the call will be available by calling +1-800-475-6701 (+1-320-365-3844 for international callers), access code 956118, beginning at 4:00 p.m. Pacific Time today. A webcast replay will also be available on the website from approximately 5:30 p.m. Pacific Time today through the time Synopsys announces its results for the fourth quarter and full fiscal 2008 in December. Synopsys will also post copies of the prepared remarks of Aart de Geus, chairman and chief executive officer, and Brian Beattie, chief financial officer, on its website following the call. In addition, Synopsys makes additional financial information available in a financial supplement posted at Synopsys' corporate website at http://www.synopsys.com/corporate/invest/invest.html.

Effectiveness of Information

The targets included in this release, the statements made during the earnings conference call and the information contained in the financial supplement represent Synopsys' expectations and beliefs as of the date of this release only. Although this press release, copies of the prepared remarks of the chief executive officer and chief financial officer made during the call and the financial supplement will remain available on Synopsys' website through the date of the fourth quarter earnings call in December 2008, their continued availability through such date does not mean that Synopsys is reaffirming or confirming their continued validity. Synopsys does not currently intend to report on its progress during the fourth quarter of fiscal 2008 or comment to analysts or investors on, or otherwise update, the targets given in this earnings release.

Availability of Final Financial Statements

Synopsys will include final financial statements for the third quarter of fiscal 2008 in its quarterly report on Form 10-Q to be filed by September 11, 2008.

About Synopsys

Synopsys, Inc. is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, system-to- silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com/.

Forward-Looking Statements

The statements made in this press release regarding projected financial results in the sections entitled "Financial Targets," and "Reconciliation of Target Operating Results" and certain statements made in the earnings conference call are forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those described by these statements due to a number of uncertainties, including, but not limited to:

-- weakness or continued budgetary caution in the semiconductor or electronics industries; -- lower-than-expected research and development spending by semiconductor and electronic systems companies; -- competition in the market for Synopsys' products and services; -- lower-than-anticipated new IC design starts; -- lower-than-anticipated purchases or delays in purchases of software or consulting services by Synopsys' customers, including delays in the renewal, or non-renewal, of Synopsys' license arrangements with major customers; -- failure of customers to pay license fees as scheduled; -- changes in the mix of time-based licenses and upfront licenses; -- lower-than-expected bookings; -- failure of Synopsys' cost control efforts, including recent efforts to outsource certain internal functions, to result in the anticipated savings; -- failure to successfully develop additional intellectual property blocks for its IP business; and -- difficulties in the integration of the products and operations of acquired companies or assets into Synopsys' products and operations.

In addition, Synopsys' actual expenses and earnings per share on a GAAP and non-GAAP basis for the fiscal quarter ending October 31, 2008 and actual expenses, earnings per share and operating cash flow on a GAAP and non-GAAP basis for fiscal year 2008 could differ materially from the targets stated under "Financial Targets" above for a number of reasons, including, but not limited to, (i) a determination by Synopsys that any portion of its goodwill or intangible assets have become impaired, (ii) application of the actual consolidated GAAP and non-GAAP tax rates for such periods, or judgment by management, based upon the status of pending audits to increase or decrease an income tax asset or liability, (iii) integration and other acquisition-related expenses including amortization of additional intangible assets associated with future acquisitions, if any, (iv) changes in the anticipated amount of employee share-based compensation expense recognized on Synopsys' financial statements, (v) actual change in the fair value of Synopsys' non-qualified deferred compensation plan obligations, (vi) increases or decreases to estimated capital expenditures, (vii) changes driven by new accounting rules, regulations, interpretations or pronouncements, (viii) general economic conditions, and (ix), other risks as detailed in our SEC filings, including those described in the "Risk Factors" section in our Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008. Furthermore, Synopsys' actual tax rates applied to income for the fourth quarter and fiscal year 2008 could differ from the targets given in this press release as a result of a number of factors, including the actual geographic mix of revenue during the quarter. Finally, Synopsys' targets for outstanding shares in the fourth quarter and fiscal year 2008 could differ from the targets given in this press release as a result of higher than expected employee stock plan issuances or stock option exercises, acquisitions and the extent of Synopsys' stock repurchase activity.

Synopsys is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the financial supplement whether as a result of new information, future events or otherwise, unless otherwise required by law.

Synopsys is a registered trademark of Synopsys, Inc. Any other trademarks mentioned in this release are the property of their respective owners.

INVESTOR CONTACT: Lisa L. Ewbank Synopsys, Inc. 650-584-1901 EDITORIAL CONTACT: Yvette Huygen Synopsys, Inc. 650-584-4547 yvetteh@synopsys.com SYNOPSYS, INC. Unaudited Condensed Consolidated Statements of Operations (1) (in thousands, except per share amounts) Three Months Ended Nine Months Ended July 31, July 31, 2008 2007 2008 2007 Revenue: Time-based license $289,250 $251,389 $835,330 $746,091 Upfront license 20,558 18,981 45,293 47,108 Maintenance and service 34,320 33,728 103,523 104,037 Total revenue 344,128 304,098 984,146 897,236 Cost of revenue: License 44,654 37,092 126,761 107,269 Maintenance and service 16,110 15,763 48,156 47,459 Amortization of intangible assets 6,262 5,536 17,111 17,455 Total cost of revenue 67,026 58,391 192,028 172,183 Gross margin 277,102 245,707 792,118 725,053 Operating expenses: Research and development 104,394 94,365 292,183 282,205 Sales and marketing 86,816 95,417 247,073 264,237 General and administrative 26,512 24,177 76,524 76,405 In-process research and development 4,800 2,100 4,800 2,100 Amortization of intangible assets 4,548 6,650 17,730 19,938 Total operating expenses 227,070 222,709 638,310 644,885 Operating income 50,032 22,998 153,808 80,168 Other income, net 2,947 10,829 9,428 38,431 Income before income taxes 52,979 33,827 163,236 118,599 (Benefit) provision for income taxes (4,770) 8,972 19,655 29,122 Net income $57,749 $24,855 $143,581 $89,477 Net income per share: Basic $0.41 $0.17 $1.00 $0.62 Diluted $0.39 $0.17 $0.97 $0.60 Shares used in computing per share amounts: Basic 142,536 143,820 143,450 143,626 Diluted 147,486 149,709 147,760 149,283 (1) Synopsys' third quarter ended on August 2, 2008 and August 4, 2007, respectively. For presentation purposes, the Unaudited Condensed Consolidated Statements of Operations refer to a calendar month end. SYNOPSYS, INC. Unaudited Condensed Consolidated Balance Sheets (1) (in thousands, except par value amounts) July 31, 2008 October 31, 2007 ASSETS: Current assets: Cash and cash equivalents $545,489 $579,327 Short-term investments 331,598 405,126 Total cash, cash equivalents and short-term investments 877,087 984,453 Accounts receivable, net 143,613 123,900 Deferred income taxes 121,424 123,165 Income taxes receivable 51,233 42,525 Prepaid expenses and other current assets 60,814 53,496 Total current assets 1,254,171 1,327,539 Property and equipment, net 130,511 131,866 Goodwill 896,574 767,087 Intangible assets, net 123,972 78,792 Long-term deferred income taxes 151,077 216,642 Other assets 102,552 95,411 Total assets $2,658,857 $2,617,337 LIABILITIES AND STOCKHOLDERS' EQUITY: Current liabilities: Accounts payable and accrued liabilities $240,676 $246,209 Accrued income taxes 1,896 207,572 Deferred revenue 603,525 577,295 Total current liabilities 846,097 1,031,076 Deferred compensation and other liabilities 105,513 84,648 Accrued income taxes 123,236 - Long-term deferred revenue 53,607 65,220 Total liabilities 1,128,453 1,180,944 Stockholders' equity: Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding - - Common stock, $0.01 par value: 400,000 shares authorized; 142,844 and 146,365 shares outstanding, respectively 1,428 1,464 Capital in excess of par value 1,457,282 1,401,965 Retained earnings 395,378 263,977 Treasury stock, at cost: 14,423 and 10,867 shares, respectively (323,885) (234,918) Accumulated other comprehensive income (loss) 201 3,905 Total stockholders' equity 1,530,404 1,436,393 Total liabilities and stockholders' equity $2,658,857 $2,617,337 (1) Synopsys' third quarter ended on August 2, 2008, and its 2007 fiscal year ended on November 3, 2007. For presentation purposes, the Unaudited Condensed Consolidated Balance Sheets refer to a calendar month end. SYNOPSYS, INC. Unaudited Condensed Consolidated Statements of Cash Flows (1) (in thousands) Nine Months Ended July 31, 2008 2007 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $143,581 $89,477 Adjustments to reconcile net income to net cash provided by operating activities: Amortization and depreciation 73,535 77,844 Share-based compensation 50,807 46,674 Allowance for doubtful accounts 429 (330) (Gain) loss on sale of investments (1,347) 8 (Gain) on sale of land - (4,284) Deferred income taxes 18,852 14,966 Net change in deferred gains and losses on cash flow hedges 5,169 1,661 In-process research and development 4,800 2,100 Net changes in operating assets and liabilities, net of acquired assets and liabilities: Accounts receivable (8,761) (80,511) Prepaid expenses and other current assets (11,277) (13,498) Other assets 458 317 Accounts payable and accrued liabilities (26,767) (8,255) Accrued income taxes (33,974) (3,313) Deferred revenue 2,626 135,279 Deferred compensation and other liabilities (2,928) 254 Net cash provided by operating activities 215,203 258,389 CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sales and maturities of short-term investments 512,797 209,167 Purchases of short-term investments (436,144) (326,476) Proceeds from sales of long-term investments 77 - Purchases of long-term investments (7,694) (4,620) Purchases of property and equipment (26,500) (36,429) Proceeds from sale of land - 26,298 Cash paid for acquisitions and intangible assets, net of cash acquired (181,018) (34,120) Capitalization of software development costs (2,114) (2,106) Net cash used in investing activities (140,596) (168,286) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on lease obligations (1,453) - Issuances of common stock 56,600 151,653 Purchases of common stock (170,052) (140,789) Net cash (used in) provided by financing activities (114,905) 10,864 Effect of exchange rate changes on cash and cash equivalents 6,460 4,128 Net change in cash and cash equivalents (33,838) 105,095 Cash and cash equivalents, beginning of period 579,327 330,759 Cash and cash equivalents, end of period $545,489 $435,854 (1) Synopsys' third quarter ended on August 2, 2008 and August 4, 2007, respectively. For presentation purposes, the Unaudited Condensed Consolidated Statements of Cash Flows refer to a calendar month end.

Synopsys, Inc.

CONTACT: Investors, Lisa L. Ewbank, +1-650-584-1901, or Editorial,
Yvette Huygen, +1-650-584-4547, yvetteh@synopsys.com, both of Synopsys, Inc.

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

DISH Network(R) Introduces More Affordable Solutions for the Digital Transition$9.99 Programming Package and $40 Coupon-Eligible Converter Box Now Available

ENGLEWOOD, Colo., Aug. 20 /PRNewswire-FirstCall/ -- DISH Network Corporation , the digital transition leader, today announced two more affordable solutions for consumers affected by the upcoming digital transition. The TR-40 CRA by DISH Network, an entry-level, digital-to-analog converter box, is now available for sale nationwide at http://www.tr40cra.com/, by calling 1-888-638-9912 or via participating DISH Network retailers. Additionally, consumers may opt to sign up for DISH Network's recently-introduced American or Latino Welcome Packs, featuring 20 popular channels for less than $10 per month.

The TR-40 CRA qualifies for the National Telecommunications and Information Administration's TV Converter Box Coupon Program; coupons may be ordered by visiting http://www.dtv2009.gov/. The box, available for a limited time only while supplies last, is priced at $40 and is free when a government coupon is applied.*

"We made a commitment to sell a $40 coupon-eligible converter box -- making it free when a government coupon is applied -- and are delivering on that commitment with our entry-level TR-40 CRA," said Tom Stingley, executive vice president of Sales and Distribution for DISH Network. "Our digital-to-analog converter boxes, along with the $9.99 programming package solutions, are additional ways DISH Network is making high quality TV more accessible to consumers nationwide."

The TR-40 CRA adds to DISH Network's lineup of digital-to-analog converter boxes, and features a unique analog pass-through feature; an easy-to-follow setup wizard; an electronic program guide with up to seven days of program listings; parental controls; program search; auto tune timers for program recording on a connected VCR; closed caption support; a remote control; and signal strength screen pop-ups that can troubleshoot lost signals.

Consumers can also prepare for the digital transition by subscribing to pay television. DISH Network offers numerous programming packages to suit a variety of preferences and budgets, including the lowest all-digital price every day and premium, high-quality products at non-premium prices. The new DISH Network American and Latino Welcome Packs boast a line-up of 20 top-rated channels and are affordably priced at $9.99 per month ($14.99 with local channels where available). Or for as little as $19.99 per month (additional $5 for local channels), DISH Network customers can subscribe to the DishFAMILY package and receive over 40 popular channels, plus free installation and activation.

Those looking for the best high definition programming and service in the industry will enjoy DISH Network's new TurboHD programming packages, the only all-HD packages on the market, starting at $24.99 per month. TurboHD is available in three separate tiers and includes special "turbo-charged" features and benefits such as DISH Network's award-winning and industry-leading technology, the highest quality HD available including 1080p resolution where available, and the most-watched HD channels that may be viewed on any TV -- analog, digital or high definition.

For more information about DISH Network, visit http://www.dishnetwork.com/ or call 1-800-333-DISH (3474). To learn more about the TR-40 CRA, visit http://www.tr40cra.com/ or call 1-888-638-9912.

* Does not include shipping or taxes About DISH Network Corporation

DISH Network Corporation , the nation's third largest pay-TV provider and the leader in digital television, provides approximately 13.79 million satellite TV customers as of June 30, 2008 with industry-leading customer satisfaction which has surpassed major cable TV providers for eight consecutive years. DISH Network also provides customers with award-winning HD and DVR technology including the ViP722(TM) HD DVR, which received the Editors' Choice awards from both CNET and PC Magazine. In addition, subscribers enjoy access to hundreds of video and audio channels, the most International channels in the U.S., industry-leading Interactive TV applications, Latino programming, and the best sports and movies in HD. DISH Network offers a variety of package and price options including the lowest all-digital price in America, the DishDVR Advantage Package, high-speed Internet service, and a free upgrade to the best HD DVR in the industry. DISH Network is included in the Nasdaq-100 Index (NDX) and is a Fortune 300 company. Visit http://www.dishnetwork.com/aboutus or call 1-800-333-DISH (3474) for more information.

DISH Network Corporation

CONTACT: Francie Bauer, +1-720-514-5351, press@echostar.com, for DISH
Network Corporation

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

California Micro Devices présentera l'architecture des contrôleurs d'écran MIPI(TM) destinés aux appareils Internet mobile Intel à l'occasion de l'Intel Developer Forum

SAN FRANCISCO, August 20 /PRNewswire/ --

Intel Developer Forum, CMD stand no 832 -- California Micro Devices (Nasdaq : CAMD) a annoncé qu'elle mettait actuellement au point des contrôleurs d'écran fondés sur la norme de l'alliance Mobile Industry Processor Interface (MIPI(TM)) destinés aux interfaces sérielles pour écran haute vitesse. Ces contrôleurs d'écran seront utilisés par les appareils Internet mobiles Intel (MID) de la prochaine génération et sont actuellement présentés dans la MID Ecosystem Community de l'Intel Developer Forum, qui se déroule à San Francisco, en Californie, du 19 au 21 août 2008.

CMD prévoit de fournir des contrôleurs d'interfaces sérielles pour écran novateurs qui permettront la création de modules d'affichage MIPI(TM) économiques dotés d'un nombre réduit de signaux d'interface, consommant moins d'énergie et émettant moins d'interférences électromagnétiques (EMI) par rapport aux interfaces pour écrans traditionnels. La collaboration de California Micro Devices et d'Intel illustre l'engagement de la société pour ce qui est de travailler avec les leaders de l'industrie dans le but de mettre au point une technologie de pointe et d'offrir des produits novateurs.

<< California Micro Devices est heureuse de travailler avec Intel à la création de solutions technologiques novatrices qui permettront aux gens de profiter d'une expérience Internet mobile améliorée >>, a fait remarquer Kyle Baker, vice-président du marketing pour CMD. << Notre participation active à des événements comme l'Intel Developer Forum nous permet de promouvoir nos capacités et d'interagir avec l'ensemble de l'écosystème des fournisseurs de solutions et des clients. >>

<< Les appareils Internet mobiles (MID) représentent un segment de marché émergent et intéressant qui permet aux gens de profiter de la meilleure expérience Internet mobile possible >>, a déclaré Pankaj Kedia, directeur des programmes Global Ecosystem pour le groupe Ultra Mobility d'Intel Corporation. << L'innovation d'Intel dans les technologies à faible puissance, l'expérience de CMD et ses compétences dans le domaine de la création de contrôleurs d'interfaces sérielles pour écran devraient permettre aux décideurs d'offrir des appareils Internet mobiles dans des formats plus minces et plus petits. >>

À propos de California Micro Devices

California Micro Devices Corporation est un fournisseur de premier plan de semi-conducteurs analogues et à signaux mixtes spécifiques aux applications destinées aux combinés mobiles, aux produits de consommation électroniques numériques ainsi qu'aux marchés des ordinateurs personnels. Parmi leurs principaux produits, on retrouve les dispositifs de protection pour les combinés mobiles, les produits de consommation électroniques numériques tels que les téléviseurs numériques et les ordinateurs personnels, ainsi que les circuits intégrés analogues et à signaux mixtes pour les écrans de combinés mobiles. Pour obtenir des renseignements détaillés sur la société et les produits, veuillez consulter le http://www.cmd.com.

Outre les énoncés de nature rétrospective, tous les énoncés contenus dans le présent communiqué de presse sont des énoncés prospectifs au sens des clauses de la règle refuge de la Private Securities Litigation Reform Act of 1995. Ces énoncés ne constituent en aucun cas des garanties en ce qui a trait au rendement ou aux événements futurs. Au contraire, ils sont basés sur nos attentes, estimations, convictions, hypothèses, buts et objectifs, et sont assujettis à des incertitudes qui sont difficiles à prévoir. Par conséquent, il pourrait y avoir un écart considérable entre nos résultats réels et ceux exprimés par lesdits énoncés. Souvent, de tels énoncés peuvent être identifiés grâce à des mots tels que vouloir, s'attendre à, planifier, croire, anticiper et estimer. Les énoncés prospectifs contenus dans le présent communiqué incluent les énoncés soutenant que CMD réussira à mettre au point des contrôleurs pour écran conformes à la norme de l'alliance Mobile Industry Processor Interface (MIPI(TM)) pour les interfaces sériels pour écran haute vitesse ; que de tels contrôleurs seront utilisés dans la prochaine génération d'appareils Internet mobiles Intel ; que de tels contrôleurs permettront la création de modules d'affichage MIPI économiques dotés d'un nombre réduit de signaux d'interface, consommant moins d'énergie et émettant moins d'interférences électromagnétiques (EMI) comparativement aux interfaces pour écran traditionnels ; et que ces contrôleurs et modules permettront aux fabricants d'appareils Internet mobiles d'offrir leurs produits dans des formats plus minces et plus petits. Ces énoncés prospectifs sont basés sur nos hypothèses et notre évaluation en ce qui concerne l'avenir. Ces facteurs peuvent se concrétiser ou non, et impliquent certains risques et incertitudes qui incluent, mais sans s'y limiter, la possibilité que CMD soit confrontée à des difficultés techniques lors du processus de création, de mise au point ou d'impartition de la fabrication d'un tel contrôleur à un tiers ; la possibilité que le contrôleur réel soit doté des fonctions décrites et permette la création d'appareils Internet mobiles plus petits ; la possibilité que les fabricants choisissent de lancer des appareils Internet mobiles Intel ; et la possibilité que ces contrôleurs et modules soient intéressants pour les fabricants d'appareils Internet mobiles, ainsi que les facteurs de risque détaillés dans les formulaires 8K, 10K et 10Q que la société a déposés auprès de la Securities and Exchange Commission. Ces risques et plusieurs autres, les événements futurs et les résultats futurs réels de la société pourraient se révéler considérablement différents de ceux discutés ci-dessus. Ces énoncés prospectifs ne sont valables qu'à la date de publication du présent communiqué et, sauf si la loi l'exige, la société rejette toute obligation de mettre à jour ou de réviser publiquement ces énoncés en cas de nouveaux renseignements, d'événements futurs ou autres.

Toutes les marques de commerce appartiennent à leurs propriétaires respectifs.

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

California Micro Devices

Médias, Richard Haas, +1-408-934-3108, richardh@cmd.com, ou Investisseurs, Kevin Berry, +1-408-934-3144, kevinb@cmd.com, tous deux de California Micro Devices

Microsoft et Novell élargissent leur collaboration réussie en matière d'interopérabilité

WALTHAM, Massachusetts, August 20 /PRNewswire/ --

- Des ressources, de la formation et des investissements supplémentaires pour répondre à la demande croissante de la clientèle.

Microsoft Corp et Novell Inc annoncent un investissement différentiel dans leur relation afin de répondre à la demande croissante de la clientèle pour leur solution de modèle commercial, conçue pour combler le fossé entre les logiciels open source et brevetés dans le but d'offrir interopérabilité ainsi que tranquillité d'esprit en matière de propriété intellectuelle (PI) aux organisations travaillant dans des environnements informatiques de sources mixtes.

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

Cet investissement met l'emphase sur des programmes améliorés de Novell dans le but de proposer des outils, du soutien, de la formation et des ressources aux clients recherchant une plate-forme Linux* de classe entreprise et, plus précisément, une solution d'interopérabilité optimale entre Microsoft Windows Server et SUSE(R) Linux Enterprise Server de Novell(R). L'investissement comprend également l'engagement de Microsoft pour ce qui est d'acheter jusqu'à 100 millions USD en certificats que ces clients peuvent racheter afin d'obtenir davantage de soutien auprès de Novell, dont le soutien pour SUSE Linux Enterprise Server et le soutien pour la transition vers une plate-forme Linux de classe entreprise. Ces investissements entreront en vigueur dès le 1er novembre 2008 et, d'ici là, Microsoft et Novell demanderont l'opinion des clients afin d'être en mesure d'identifier les aspects des programmes de soutien qui seront les plus utiles aux organisations exploitant des environnements de sources mixtes.

Depuis les débuts du modèle Microsoft-Novell en novembre 2006, la réponse de la clientèle a été considérable. Dans le cadre de l'entente initiale de partenariat, d'une durée de cinq ans, Microsoft a acheté 240 millions USD en certificats Novell dans le but de les vendre aux clients. En 18 mois, Novell a enregistré plus de 157 millions USD de revenu en certificats, soit 65 pour cent de l'allocation initiale. Parmi les clients qui ont déjà bénéficié de cette occasion pour exploiter de façon transparente Windows Server et SUSE Linux Enterprise Server, on compte Wal-Mart Stores Inc, HSBC Holdings, Renault, Southwest Airlines Co, BMW et plusieurs autres sociétés de premier plan dans le monde entier.

<< La collaboration entre Microsoft et Novell a été créée grâce à notre désir de répondre aux exigences informatiques quotidiennes de nos clients et de donner la possibilité à nos partenaires d'offrir un éventail plus large de solutions >>, a déclaré Kevin Turner, directeur de l'exploitation chez Microsoft. << Certains clients nous ont dit qu'ils souhaitaient être en mesure d'exploiter Windows Server et Linux ensemble de manière transparente. Cependant, plusieurs d'entre eux ont besoin d'aide pour effectuer la transition des autres environnements Linux vers SUSE Linux Enterprise Server. Notre investissement accru dans cette relation avec Novell a pour but de permettre à ces clients ainsi qu'à nos partenaires d'avoir accès à la meilleure solution d'interopérabilité Windows-Linux possible tout en élargissant leurs investissements Windows Server existants et en les aidant à garder l'esprit tranquille en matière de PI. >>

<< L'interopérabilité multiplateforme est une chose que nous voulons tous et que nous devons réussir. Il est toutefois difficile d'y parvenir >>, a affirmé Ulrich Koch, chef des License Management T-Systems Enterprise Services. << L'approche pragmatique que Microsoft et Novell utilisent pour surmonter ce défi complexe, incluant l'assurance PI, consiste à utiliser l'ingénierie et à offrir des programmes de soutien et de formation tangibles. De ce fait, elle nous permettra d'aller de l'avant plus facilement. >>

<< Le partenariat stratégique entre nos sociétés continue à attirer des clients puisqu'il permet de combler le fossé entre les logiciels brevetés et open source >>, a déclaré Ron Hovsepian, président et PDG de Novell. << L'interopérabilité offerte par Microsoft et Novell a engendré une très forte demande de la clientèle et des partenaires intermédiaires pour SUSE Linux Enterprise, ce qui confirme encore davantage la stratégie Linux de Novell. >>

Grâce à l'annonce d'aujourd'hui au sujet de la relation améliorée, les clients continueront à obtenir un choix et une flexibilité inégalés pour ce qui est d'exploiter à la fois SUSE Linux Enterprise Server et Windows Server tout en ayant confiance que les deux systèmes d'exploitation fonctionneront ensemble de manière transparente dans le centre de traitement. Par l'entremise de leur laboratoire d'interopérabilité conjoint de Cambridge, au Massachusetts, ainsi que d'autres initiatives, Novell et Microsoft poursuivront leur étroite collaboration technique en ce qui a trait à une importante gamme de solutions, qui incluent la virtualisation, la gestion des systèmes, la fédération de répertoires et d'identités, la compatibilité des formats de document, la technologie d'accessibilité et le cadre multimédia Moonlight.

Pour obtenir de plus amples renseignements au sujet de l'entente entre Microsoft et Novell, veuillez consulter le http://www.moreinterop.com.

À propos de Novell

Novell, Inc (Nasdaq : NOVL) offre la plate-forme Linux la mieux conçue et la plus interopérable sur le marché, ainsi qu'un portefeuille de logiciels intégrés de gestion informatique qui aide ses clients du monde entier à réduire coûts, complexité et risques. Grâce à son logiciel d'infrastructure et à son écosystème de partenariats, Novell intègre harmonieusement des environnements informatiques mixtes, ce qui permet aux gens et aux technologies de ne faire qu'un. Pour de plus amples renseignements, veuillez visiter le http://www.novell.com.

À propos de Microsoft

Fondée en 1975, Microsoft (Nasdaq : MSFT) est le leader mondial des logiciels, des services et des solutions qui aident les particuliers ainsi que les entreprises à réaliser leur plein potentiel.

À propos de Microsoft EMEA (Europe, Moyen-Orient et Afrique)

Microsoft est présent dans l'EMEA depuis 1982. Microsoft emploie dans la région plus de 16 000 personnes au sein de plus de 64 filiales, en fournissant des produits et des services dans plus de 139 pays et territoires.

Le présent document est fourni exclusivement à titre indicatif. Microsoft Corp rejette toutes les garanties et les conditions concernant l'utilisation du présent document à d'autres fins. Microsoft Corp ne pourra, à aucun moment, être tenue responsable des dommages directs, indirects, particuliers ou consécutifs, ayant été occasionnés au cours d'une action contractuelle, d'une négligence, ou de toute autre action découlant de l'utilisation ou du rendement du présent document, ou qui y est liée. Aucun élément du présent communiqué ne peut être interprété comme une garantie.

Novell et SUSE sont des marques de commerce déposées de Novell Inc aux Etats-Unis et dans d'autres pays.

*Linux est une marque de commerce enregistrée de Linus Torvalds.

Les noms d'entreprises et de produits cités dans le présent document peuvent être des marques de commerce de leurs propriétaires respectifs.

Site Web : http://www.microsoft.com http://www.novell.com

Microsoft Corp

Ian Bruce de Novell, +1-781-464-8034, ibruce@novell.com ; ou Équipe de réponse rapide de Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, pour Microsoft ; NOTE AUX RÉDACTEURS : Si vous êtes intéressés à obtenir de plus amples renseignements sur les activités de Microsoft dans l'EMEA, veuillez consulter le http://www.microsoft.com/emea ou le Centre de presse de l'EMEA au http://www.microsoft.com/emea/presscentre. Les liens hypertextes, les numéros de téléphone et les titres étaient exacts au moment de la publication, mais peuvent avoir changé depuis. Pour obtenir de l'aide, les journalistes et les analystes peuvent contacter les personnes dont le nom figure au http://www.microsoft.com/emea/presscentre/contactus.mspx. Si vous êtes intéressés à obtenir de plus amples renseignements au sujet de Microsoft Corp, veuillez visiter le site Web de Microsoft au http://www.microsoft.com/presspass dans les pages contenant des renseignements d'entreprise de Microsoft. Photo : NewsCom : http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Aon Construction Services Group Hires Senior Vice President

MINNEAPOLIS, Aug. 20 /PRNewswire-FirstCall/ -- Aon Corporation , the leading provider of global risk management services, today announced that Karen Reutter has joined Aon Construction Services Group in a newly created position. Based in Minneapolis, Reutter is one of a number of strategic hires employed by Aon Construction Services Group to develop innovative products and services and create unmatched teams.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)

"Karen brings unparalleled market relationships and national sales experience," said Peter Arkley, chief executive officer of Aon Construction Services Group. "Her focus on product and market creation will provide a new level of value for our clients and broaden Aon's presence in the construction industry's various segments."

Reutter has a long tenure in the construction insurance and risk management field, having started her career in Dallas working for the International Risk Management Institute. She developed significant expertise in casualty underwriting, product development and alternative risk financing during her years at St. Paul Construction and Zurich Construction. Prior to joining Aon, Karen was employed with Willis where she specialized in large accounts and national homebuilders.

Karen holds Bachelor's and Master's of Business Administration degrees from the University of North Texas and has her Chartered Property & Casualty and Associated in Risk Management designations.

About Aon Construction Services Group

Aon Construction Services Group employs over 540 employees dedicated to the construction industry in 25 offices across the country. Backed by broad resources, industry knowledge and technical expertise, Aon professionals understand every major sector of the construction industry and help a wide range of clients develop effective risk management and workforce productivity solutions.

About Aon Corporation

Aon Corporation is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was named the world's best broker by Euromoney magazine's 2008 Insurance Survey. In 2008, Aon ranked highest on the Business Insurance ranking of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues. Aon also was ranked by A.M. Best as the number one insurance broker based on brokerage revenues in 2007 and 2008, and was voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 and 2008 by the readers of Business Insurance.

Media Contact Daniel Ohman 312.755.3549, Daniel.Ohman@kemperlesnik.com

Photo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Aon Corporation

CONTACT: Daniel Ohman, +1-312-755-3549, Daniel.Ohman@kemperlesnik.com,
for Aon Corporation

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

Xilinx Virtex-5 FXT FPGAs, MicroBlaze Processor and Development Tools Named as Finalists in 2008 EDN China Innovation and EEPW Top 10 Award CompetitionsCompany recognized for innovation throughout multiple categories including Digital IC, Development Tools, MCU and DSP

BEIJING, Aug. 20 /PRNewswire/ -- Xilinx, Inc. , the world's leading supplier of programmable solutions, today announced that its Virtex(R)-5 FXT platform is among several Xilinx solutions honored as finalists in both the 2008 EDN China Innovation and 2008 Electronic Engineering & Product World (EEPW) Top 10 China Influential Embedded System Editor Recommended award competitions. In addition to its industry-leading Virtex-5 FXT platform, Xilinx ISE(R) 10.1 design suite, MicroBlaze(TM) embedded processor, and AccelDSP(TM) synthesis tool are among the finalists. Finalists for the EDN China Innovation Award were chosen by committee while readers determined the EEPW Top 10 finalists via online voting.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)

Online voting for finalists of the EDN Innovation Awards will continue through September 10 at http://award.ednchina.com/vote/categoryvote.aspx. Winners will be announced at events in September (EEPW) and November (EDN). "We're honored to have so many of our products represented in such a wide range of categories," said Fai Yeung, vice president of Xilinx Asia Pacific Sales. "These awards underscore our continued evolution from a silicon provider to a complete solutions supplier."

"EDN China is pleased to recognize Xilinx Virtex -5 FXT FPGAs and ISE design suite among our 2008 Innovation Award finalists," commented EDN China Associate Publisher John Mu. "Our panel of judges, consisting of technology managers from leading OEMs and well-known researchers and professors, selected Xilinx silicon and development tools among hundreds of competing companies with breakthrough technologies."

"Each year EEPW awards the industry's most innovative products in the embedded system area," said EEPW Chief Editor Wang Ying. "The active voting from our online communities demonstrates the adoption of Xilinx solutions by design engineers throughout China."

Xilinx Finalists by Category -- EDN China Product of the Year, Digital IC and PLD, Virtex-5 FXT FPGA -- EDN China Product of the Year, Development Tools & Software, ISE 10.1 Design Tools -- EEPW Top 10 Influential Embedded System, FPGA/DSP, Virtex-5 FXT FPGA -- EEPW Top 10 Influential Embedded System, FPGA/MCU, MicroBlaze Embedded Processor -- EEPW Top 10 Influential Embedded System, Development Tools, AccelDSP Synthesis Tool About Xilinx

Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com/.

#0870c

XILINX, the Xilinx Logo, Virtex, Spartan, ISE and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.

Editorial Contact: Melissa Zhang Xilinx, Inc. 8610-6268 2899-809 Melissa.zhang@xilinx.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Xilinx, Inc.

CONTACT: Melissa Zhang of Xilinx, Inc., 8610-6268 2899-809,
Melissa.zhang@xilinx.com

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

Lockheed Martin Awarded $5.8M Contract to Maintain Pentagon Electronic Messaging SystemsCompany to Continue Supporting Official and Unofficial Message Traffic

MANASSAS, Va., Aug. 20 /PRNewswire/ -- Lockheed Martin has been selected to operate and maintain the message routing infrastructure for the Pentagon's command messaging systems in support of the Pentagon Telecommunications Center, an organization of the Army Information Technology Agency. In this capacity, Lockheed Martin will support the Center's official and unofficial message (email) traffic. This $5.8M, two year contract was awarded via the NETCENTS contract vehicle.

"The Pentagon Telecommunications Center's mission is critical -- any disruption of service to the decision makers in the Pentagon has the potential to impact mission operations worldwide," said Gerry Fasano, vice president of C4ISR Solutions for Lockheed Martin's Information Systems & Global Services - Mission & Combat Support Solutions. "Lockheed Martin has been supporting the Center for more than 10 years and we are proud to continue helping them plan for the future."

The Pentagon Telecommunications Center provides Defense Messaging System (DMS) services to the U.S. Department of Defense (DoD). DMS is the "official" record traffic system mandated for use throughout the DoD. In addition to providing messaging services at the Unclassified, Secret and Top Secret levels, the Lockheed Martin team also provides virus and spam protection as well as directory, security and configuration management support.

Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.

For additional information, visit our website: http://www.lockheedmartin.com/

Lockheed Martin

CONTACT: Suzanne Smith of Lockheed Martin, +1-303-932-5230,
suzanne.m.smith@lmco.com

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

California Micro Devices to Showcase MIPI(TM) Display Controller Architecture for Intel-Based Mobile Internet Devices at Intel Developer Forum

SAN FRANCISCO, August 20 /PRNewswire/ --

Intel Developer Forum, CMD Booth # 832 -- California Micro Devices (Nasdaq: CAMD) announced that it is developing display controllers based upon the Mobile Industry Processor Interface (MIPI(TM)) alliance standard for high speed serial display interfaces. These display controllers will be used in next generation Intel-based Mobile Internet Devices (MIDs) and are being showcased in the MID Ecosystem Community at the Intel Developer Forum in San Francisco, California, from August 19 through 21, 2008.

CMD plans to provide innovative serial interface display controllers that enable the design of low cost MIPI(TM) based display modules featuring a reduced number of interface signals, lower power consumption and reduced electromagnetic interference (EMI) when compared to legacy display interfaces. California Micro Devices' collaboration with Intel reflects the company's focus on working with industry leaders to develop leading-edge technology and deliver innovative products.

"California Micro Devices is pleased to be working with Intel on innovative technology solutions that provide people with an improved mobile internet device experience," commented Kyle Baker, CMD's vice president of marketing. "Active participation in events such as the Intel Developer Forum allows us to showcase our capabilities and interact with the broader ecosystem of solution providers and customers."

"MIDs represent an emerging and exciting growth market segment that enables people to enjoy the best mobile Internet device experience," said Pankaj Kedia, director of Global Ecosystem Programs for Intel Corporation's Ultra Mobility Group. "Intel's innovation in low power technologies, combined with CMD's experience and capabilities in serial interface display controller design, should enable device makers to bring MIDs in sleeker and smaller form factors."

About California Micro Devices

California Micro Devices Corporation is a leading supplier of application specific analog and mixed signal semiconductor products for the mobile handset, digital consumer electronics and personal computer markets. Key products include protection devices for mobile handsets, digital consumer electronics products such as digital TVs and personal computers as well as analog and mixed signal ICs for mobile handset displays. Detailed corporate and product information may be accessed at http://www.cmd.com.

All statements contained in this press release that are not historical facts are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. They are not guarantees of future performance or events. Rather, they are based on current expectations, estimates, beliefs, assumptions, and goals and objectives and are subject to uncertainties that are difficult to predict. As a result, our actual results may differ materially from the statements made. Often such statements can be identified by their use of words such as will, intends, expects, plans, believes, anticipates, and estimates. Forward-looking statements made in this release include that CMD will be successful in developing display controllers based upon the Mobile Industry Processor Interface (MIPI(TM)) alliance standard for high speed serial display interfaces; that such controllers will be used in next generation Intel-based Mobile Internet Devices (MIDs); that such controllers will enable the design of low cost MIPI based display modules featuring a reduced number of interface signals, lower power consumption and reduced electromagnetic interference (EMI) when compared to legacy display interfaces; and that these controllers and modules will enable device makers to bring MIDs in sleeker and smaller form factors. These forward-looking statements are based upon our assumptions about and assessment of the future, which may or may not prove true, and involve a number of risks and uncertainties including, but not limited to whether CMD encounters technical difficulties in designing, developing or having a third party manufacture such a controller; whether the actual controller will have the designed features and will enable smaller MIDs; whether manufacturers will choose to release Intel-based MIDs; and whether such controllers and modules will be of interest to manufacturers of MIDs as well as the risk factors detailed in the company's Form 8K, 10K, and 10Q filings with the Securities and Exchange Commission. Due to these and other risks, future events and the company's future actual results could differ materially from those discussed above. These forward-looking statements speak only as to the date of this release, and, except as required by law, we undertake no obligation to publicly release updates or revisions to these statements whether as a result of new information, future events, or otherwise.

All trademarks are property of their respective owners.

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

California Micro Devices

Media, Richard Haas, +1-408-934-3108, richardh@cmd.com, or Investors, Kevin Berry, +1-408-934-3144, kevinb@cmd.com, both of California Micro Devices

Air Products' Skychain Inventory Monitoring Technology Helps Customers Offset Soaring Delivery Costs

LEHIGH VALLEY, Pa., Aug. 20 /PRNewswire-FirstCall/ -- As gasoline prices continue to challenge everyone, Skychain -- a wholly-owned subsidiary of Air Products -- offers a way for chemical and lubricant manufacturers and distributors to offset some of those costs. Skychain's web-based inventory monitoring technology accesses real-time data so users can automate forecasting, optimize production and delivery, and reduce the risk of inventory depletion to lower distribution costs through a more effectively managed supply chain.

"As gas prices continue to soar, users can reap even greater value through Skychain's ability to provide them with the right data at the right time so they can schedule fewer, more timely deliveries to customers," says Patrick Kuchevar, vice president at Skychain. "With little to no upfront equipment fees and user-friendly tools for remote electronic management of customer inventory levels, Skychain technology is one key way to drive costs from the supply chain and improve revenue."

Based on telemetry that Air Products has been successfully using within its liquid gas bulk supply business for more than 12 years, Skychain is now making this technology available to the chemical industry. The technology uses a sensor to monitor product levels in a customer's tank or other container, taking readings every hour and transferring information to the user twice a day. Skychain provides, installs, and supports the equipment, including sensors, computer software, communications tools, and the information technology infrastructure that allows users to go on-line -- or into their own Enterprise Resource Planning systems -- to review inventory and production operations data.

Skychain's remote monitoring solution has provided Rowell Chemical Corporation, based in Hinsdale, Ill., a means to achieve significant cost reductions in the distribution of its products. "Skychain has enabled us to evolve our ability to manage our inventories from being a reactive supplier to a proactive partner," said Kip K. Coco, marketing manager at Rowell. "By having an extra set of eyes on our customers' storage, we have been able to reduce freight costs, eliminate emergency shipments, and execute our customer focus objectives."

Skychain's forecasting modules predict future needs based on actual usage patterns and proven mathematical algorithms. With this knowledge, users can more effectively manage the replenishment process for customers by arriving at the optimum time when the most product can be delivered. The forecasting modules also enable users to make better decisions around purchasing raw materials and planning production at their own facilities based on actual customer use.

"Skychain gives Rowell a sustainable advantage in the chemical marketplace and provides another instance where we can differentiate ourselves from competitors," Coco adds. "It's clear and concise. It's simple, yet adaptable to our customers. Skychain has taken the complexities out of inventory management and created applicable solutions to a demanding market."

For more information about Skychain, visit http://www.skychain.com/.

Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of $10 billion, operations in over 40 countries, and 22,000 employees around the globe. For more information, visit http://www.airproducts.com/.

***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products

CONTACT: Media, Debbie Bauer, +1-610-481-8061, bauerda@airproducts.com;
or Investors, Nelson Squires, +1-610-481-7461, squirenj@airproducts.com, both
of Air Products

Web site: http://www.airproducts.com/
http://www.skychain.com/

California Micro Devices to Showcase MIPI(TM) Display Controller Architecture for Intel-Based Mobile Internet Devices at Intel Developer Forum

SAN FRANCISCO, Aug. 20 /PRNewswire-FirstCall/ -- Intel Developer Forum, CMD Booth # 832 -- California Micro Devices announced that it is developing display controllers based upon the Mobile Industry Processor Interface (MIPI(TM)) alliance standard for high speed serial display interfaces. These display controllers will be used in next generation Intel-based Mobile Internet Devices (MIDs) and are being showcased in the MID Ecosystem Community at the Intel Developer Forum in San Francisco, California, from August 19 through 21, 2008.

CMD plans to provide innovative serial interface display controllers that enable the design of low cost MIPI(TM) based display modules featuring a reduced number of interface signals, lower power consumption and reduced electromagnetic interference (EMI) when compared to legacy display interfaces. California Micro Devices' collaboration with Intel reflects the company's focus on working with industry leaders to develop leading-edge technology and deliver innovative products.

"California Micro Devices is pleased to be working with Intel on innovative technology solutions that provide people with an improved mobile internet device experience," commented Kyle Baker, CMD's vice president of marketing. "Active participation in events such as the Intel Developer Forum allows us to showcase our capabilities and interact with the broader ecosystem of solution providers and customers."

"MIDs represent an emerging and exciting growth market segment that enables people to enjoy the best mobile Internet device experience," said Pankaj Kedia, director of Global Ecosystem Programs for Intel Corporation's Ultra Mobility Group. "Intel's innovation in low power technologies, combined with CMD's experience and capabilities in serial interface display controller design, should enable device makers to bring MIDs in sleeker and smaller form factors."

About California Micro Devices

California Micro Devices Corporation is a leading supplier of application specific analog and mixed signal semiconductor products for the mobile handset, digital consumer electronics and personal computer markets. Key products include protection devices for mobile handsets, digital consumer electronics products such as digital TVs and personal computers as well as analog and mixed signal ICs for mobile handset displays. Detailed corporate and product information may be accessed at http://www.cmd.com/.

All statements contained in this press release that are not historical facts are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. They are not guarantees of future performance or events. Rather, they are based on current expectations, estimates, beliefs, assumptions, and goals and objectives and are subject to uncertainties that are difficult to predict. As a result, our actual results may differ materially from the statements made. Often such statements can be identified by their use of words such as will, intends, expects, plans, believes, anticipates, and estimates. Forward-looking statements made in this release include that CMD will be successful in developing display controllers based upon the Mobile Industry Processor Interface (MIPI(TM)) alliance standard for high speed serial display interfaces; that such controllers will be used in next generation Intel-based Mobile Internet Devices (MIDs); that such controllers will enable the design of low cost MIPI based display modules featuring a reduced number of interface signals, lower power consumption and reduced electromagnetic interference (EMI) when compared to legacy display interfaces; and that these controllers and modules will enable device makers to bring MIDs in sleeker and smaller form factors. These forward-looking statements are based upon our assumptions about and assessment of the future, which may or may not prove true, and involve a number of risks and uncertainties including, but not limited to whether CMD encounters technical difficulties in designing, developing or having a third party manufacture such a controller; whether the actual controller will have the designed features and will enable smaller MIDs; whether manufacturers will choose to release Intel-based MIDs; and whether such controllers and modules will be of interest to manufacturers of MIDs as well as the risk factors detailed in the company's Form 8K, 10K, and 10Q filings with the Securities and Exchange Commission. Due to these and other risks, future events and the company's future actual results could differ materially from those discussed above. These forward-looking statements speak only as to the date of this release, and, except as required by law, we undertake no obligation to publicly release updates or revisions to these statements whether as a result of new information, future events, or otherwise.

All trademarks are property of their respective owners.

California Micro Devices

CONTACT: Media, Richard Haas, +1-408-934-3108, richardh@cmd.com, or
Investors, Kevin Berry, +1-408-934-3144, kevinb@cmd.com, both of California
Micro Devices

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

Debt Resolve to Launch iSettleNow(TM) Which Will Give Consumers Direct Access to the Company's Patented Online Bidding SystemDebt Resolve Creates Alliance With Major Creditors; Schedules Conference For SeptemberDebt Resolve Reports A Major Expansion Of Its Business Strategy; And Q2 Financial Results

WHITE PLAINS, N.Y., Aug. 20 /PRNewswire-FirstCall/ -- Debt Resolve, Inc. ("Debt Resolve") announced today that it has developed a revolutionary consumer driven debt settlement Internet site to be know as iSettleNow. Go to http://www.isettlenow.com/ to see how consumers will be empowered to resolve their debt online and avoid the usual intrusive collection phone calls and letters. The Company is launching iSettleNow.com in response to consumer demand, the increased costs of collection, impaired settlement rates and with the knowledge of a dramatic increase in online banking and general Internet usage.

Debt Resolve also announced that it has established an Online Debt Resolution Alliance and will hold a conference for creditors on September 26, 2008 at 9AM at the Cornell Club located at 6 East 44th Street in New York City to discuss the potential of the technology and establish industry standards to maximize the effectiveness of iSettleNow. All inquires should be directed to kmontgomery@debtresolve.com.

With consumer debt dramatically increasing, default rates rising and Internet usage becoming the norm in every facet of life, iSettleNow is the perfect solution for both creditors and consumers. According to the Federal Reserve, Americans carry $13.825 trillion in debt. The average household's credit card debt is $8,565, up almost 15% since 2000. The average college student graduates with over $20,000 in educational debt. Consumers are frustrated with traditional collection methods and are ready to use the Internet to resolve their debt. According to a survey by FiSite Research, 84% of respondents were favorable to the idea of online collection services, 83% preferred an online system, and 78% believed an online would reduce emotional stress.

James Burchetta, the Company's Chairman, stated, "The Board of Directors has unanimously approved this dramatic expansion of the Company's business model. It is the consumer that has moved every industry to the Internet. Once consumers choose a channel like iSettleNow, it says to the industry 'change or get out of our way.' We believe iSettleNow will be a prime catalyst to moving collections online. Just as consumers pushed the banking world to online banking, they will also push for online debt resolution. It is natural to want to settle your debts online. The Company's Board has complete faith in management to execute this exciting new online debt resolution tool while continuing to offer products directly to the collection industry. The time is ripe for iSettleNow. There is a perfect storm of more and more debt worldwide and the realization that it will is technology, like iSettleNow, that will lowers costs, improve collections and allow consumers to 'Bid For Financial Freedom(TM).'"

Kenneth Montgomery, the Company's Chief Executive Officer, stated, "We have expanded our business model to connect directly with consumers. We will continue to allow creditors, agencies and debt buyers to use our system, but we expect that full adoption of online collections will be consumer driven, just as it was with ATMs and online banking. According to 2006 study by Forrester, by 2011 76% of online households will bank online. In preparation for our launch in early 2009, we are inviting major creditors in every vertical market, credit card, phone, utilities, health care, student loans and mortgages, to a conference to learn more about iSettleNow and form an alliance to fully utilize the iSettleNow technology. We have been meeting with industry leaders and have received overwhelming encouragement and excitement about iSettleNow, the 'ebay of debt.' As a pure Internet model we continue to control expenses and expect to be cash flow positive in the middle of 2009."

David Rainey, President and Chief Financial Officer, of the Company, said, "In preparation for the launch of iSettleNow we have drastically reduced are operating costs from $500k per month a year ago to $180k per month. We phased out our off line collection businesses FPC, which incubated iSettleNow, to concentrate on our new consumer site. As we focus on the online consumer model, iSettleNow, we are able to generate revenue without the expenses associated with traditional businesses."

Revenue for the second quarter of 2008 was $46,819, compared to $12,507 in the second quarter of 2007. Net loss for the second quarter of 2008 was ($4,238,148) compared to a loss of ($5,303,731) in the second quarter of 2007. The net loss for these months ended June 30, 2008 includes $553,411 in non-cash stock-based compensation expense and $1,631,505 in other non-cash charges. On a per share basis, the net loss of ($0.48) was less than the net loss of ($0.69) in the second quarter of 2007, primarily due to lower non-cash expenses and an increased number of shares outstanding. The Company's financial statements for the years ended December 31, 2007 and 2006, and the three months ended June 30, 2008 and 2007 were prepared on a going concern basis, which contemplates the continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. Since the Company may not have sufficient cash to fund its operations for the next twelve months, there exists substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

DEBT RESOLVE, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 Revenues $46,819 $12,507 $130,997 $33,128 Costs and expenses: General and administrative expenses 2,014,030 2,930,906 3,890,490 4,550,123 Depreciation and amortization expense 14,433 14,380 28,970 28,178 Total expenses 2,028,463 2,945,286 3,919,460 4,578,301 Loss from operations (1,981,644) (2,932,779) (3,788,463) (4,545,173) Other (expense) income: Interest income -- 4,840 190 41,610 Interest expense (33,498) -- (58,692) (70) Interest expense - related parties (34,071) (7,633) (65,008) (7,635) Amortization of deferred debt discount (45,781) -- (547,454) -- Other income (337) -- (338) 10,080 Total other (expense) income (113,687) (2,793) (671,302) 43,985 Loss from continuing operations (2,095,331) (2,935,572) (4,459,765) (4,501,188) Loss from discontinued operations (2,142,817) (2,368,159) (2,650,619) (2,916,683) Net loss $(4,238,148) $(5,303,731) $(7,110,384) $(7,417,871) Net loss per common share: basic and diluted (See Note 2) Continuing operations $(0.24) $(0.38) $(0.51) $(0.58) Discontinued operations $(0.24) $(0.31) $(0.30) $(0.38) Total $(0.48) $(0.69) $(0.81) $(0.96) Basic and diluted weighted average number of common shares outstanding (See Note 2) 8,848,045 7,707,668 8,768,924 7,689,168 DEBT RESOLVE, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets ASSETS June 30, 2008 (Unaudited) December 31, 2007 Current assets: Cash $ 27,489 $ -- Restricted cash 30,191 67,818 Accounts receivable 103,950 84,013 Other receivable 4,712 200,000 Prepaid expenses and other current assets 63,446 108,189 Total current assets 229,788 460,020 Fixed assets, net 128,487 283,095 Other assets: Deposits and other assets 108,780 108,780 Intangible assets, net -- 208,848 Total other assets 108,780 317,628 Total assets $ 467,055 $ 1,060,743 LIABILITIES AND STOCKHOLDERS' DEFICIENCY Current liabilities: Accounts payable and accrued liabilities $2,503,794 $1,444,764 Accrued professional fees 1,255,473 1,003,550 Accrued closing costs - FPC 1,364,458 -- Collections payable 28,960 42,606 Short term notes (net of deferred debt discount of $0 and $29,400, respectively) 380,000 70,600 Short term note - related party 142,202 -- Lines of credit - related parties 1,037,121 1,011,000 Total current liabilities 6,712,008 3,572,520 Notes payable (net of deferred debt discount of $211,631 and $70,975, 611,369 254,025 respectively) Total liabilities 7,323,377 3,826,545 Commitments and contingencies Stockholders' deficiency: Preferred stock, 10,000,000 shares authorized, $0.001 par value, none -- -- issued and outstanding Common stock, 100,000,000 shares 8,962 8,474 authorized, $0.001 par value, 8,961,864 and 8,474,363 shares issued and outstanding Additional paid-in capital 45,521,033 42,501,655 Accumulated deficit (52,386,317) (45,275,931) Total stockholders' deficiency (6,856,322) (2,765,802) Total liabilities and stockholders' deficiency $467,055 $1,060,743 About iSettleNow and Debt Resolve, Inc.

iSettleNow is a trademarked product of Debt Resolve allowing the consumer to initiate the settlement process by making bids using Debt Resolve's patented online dispute resolution system. Debt Resolve provides lenders, collection agencies, debt buyers and utilities with a patent-based online bidding system for the resolution and settlement of consumer debt and a collections and skip tracing solution that is effective at every stage of collection and recovery. The stock of Debt Resolve is traded on the American Stock Exchange. Debt Resolve is headquartered in White Plains, New York. For more information, please visit our websites at http://www.debtresolve.com/ and http://www.isettlenow.com/.

Forward-Looking Statements and Disclaimer

Certain statements in this press release and elsewhere by management of the Company that are neither reported financial results nor other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the Company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the Company's operations, or the performance or achievements of the Company, or industry results, to differ materially from those expressed or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere in this press release, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied by the forward-looking statements include, but are not limited to, events or circumstances which affect the ability of Debt Resolve to realize improvements in operating earnings expected from the acquisition of First Performance; competitive pricing for the Company's products and services; fluctuations in demand for the Company's products or services; changes to economic growth in the United States and international economies; government policies and regulations, including, but not limited to those affecting the collection of consumer debt; adverse results in current or future litigation; currency movements; and other risk factors discussed in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2007, and in other filings made from time to time with the SEC. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Investors are advised, however, to consult any further disclosures made on related subjects in the Company's reports filed with the SEC.

Debt Resolve, Inc.

CONTACT: Ken Montgomery, Debt Resolve, Inc.,
kmontgomery@debtresolve.com, mailto: jburchetta@debtresolve.com,
+1-914-949-5500, ext. 222

Web site: http://www.debtresolve.com/
http://www.isettlenow.com/

Weight Loss and Fitness Information Site iNutrition.com Gives Away Third Nintendo Wii and Wii Fit

HOUSTON and OTTAWA, Aug. 20 /PRNewswire-FirstCall/ -- iNutrition, a weight loss, fat loss, fitness tips, and information portal, announced today the third winner of the "Summer of Fit" sweepstakes, featuring a free Nintendo Wii and Wii Fit system. The Winner of the third drawing is Ron Miller of Fair Haven, Michigan. iNutrition sweepstakes winner Ron Miller said, "Did I really? My son is going to be so excited." He then told his son who responded with, "Are you serious?! And a Wii Fit! That's awesome!"

iNutrition will be giving away a free Nintendo Wii and Wii Fit system on the first and fifteenth of the month in August, September, until October 1, 2008. For your chance at winning a Nintendo Wii and Wii Fit System, just go to http://www.inutrition.com/, and sign up now, or to check out iNutrition's newest products, go to http://www.fissionbars.com/

About iNutrition.com

"iNutrition.com is all about you. Our mission at iNutrition.com is to provide you the very latest sports, lifestyle, and nutrition secrets for a long, healthy life. iNutrition.com members not only have access to the latest in nutrition news and independent research, but soon you will also be able to post your research, nutrition secrets, and product ideas on our unique idea exchange, iNutrition Answers. If iNutrition.com adopts your product idea or an original article you have submitted, you will receive both recognition on our website and cash credits to buy our energy, weight loss, sports, and lifestyle supplements. You may even have an opportunity to become directly involved in the sales and marketing of iNutrition.com products, so that you can become both physically and fiscally fit. After all, iNutrition.com is all about you!"

About Natural Nutrition Inc.

iNutrition.com and InterACTIVE Nutrition International Inc. ( http://www.interactivenutrition.com/ ) are wholly owned subsidiaries of Natural Nutrition, Inc. (BULLETIN BOARD: NTNI) and were previously minority owned by Corporate Strategies Merchant Bankers. InterACTIVE Nutrition is a manufacturer and international leader in sports and nutritional supplements backed by over 12 years of research, development and sales of sports nutrition products in over twenty countries throughout the world.

This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Natural Nutrition's expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Natural Nutrition's filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Natural Nutrition today.

Natural Nutrition Inc.

CONTACT: Sean Connolly, Natural Nutrition, Inc., +1-713-337-3706,
sean@inutrition.com

Web site: http://www.inutrition/
http://www.interactivenutrition.com/
http://www.www.fissionbars.com/

TV Choice and Competition Arrive for Consumers in Nine More New Jersey CommunitiesVerizon Brings FiOS TV to Parts of Salem County, the City of Camden and the City of PatersonCable Can't Compete With Ultimate Home-Entertainment Experience From Verizon; Promotion Offers Free High-Def Digital Video Recorder for 12 Months and Free Month of HBO/Cinemax

NEWARK, N.J., Aug. 20 /PRNewswire/ -- Consumers in nine more New Jersey cities and towns have the ultimate choice in home entertainment now that Verizon has again expanded its FiOS TV service, making a broad range of programming choices and superior picture quality available to thousands of additional New Jersey households.

FiOS TV and broadband services are now available to consumers in the city of Camden, the city of Paterson, Salem and Elsinboro in Salem County, Leonia in Bergen County, Hainesport in Burlington County, Secaucus in Hudson County, and North Plainfield and Watchung in Somerset County. The latest expansion brings to 304 the number of New Jersey cities and towns where FiOS services are available, delivered over the nation's most advanced all-fiber network.

"FiOS TV gives consumers in these New Jersey communities an outstanding and superior alternative for their video entertainment," said Mark Adams, marketing director for Verizon's New Jersey region. "Customers who liked what FiOS did for their Internet connection will love what it does for their TV. We've harnessed the vast capacity of our advanced fiber-optic network to deliver a revolutionary, new entertainment experience."

To make the offer even sweeter, new customers who subscribe to FiOS TV between now and Oct. 4 will receive their choice of a year's free use of either a high-definition (HD) digital video recorder (DVR) or an HD Home Media DVR. With Verizon's unique Home Media DVR, customers can use one DVR to record programming that can be watched on up to six other TV sets in the home. This includes viewing up to three separately recorded programs simultaneously on different TV sets, and the ability to pause recorded programming on one set and continue watching it on another. FiOS TV's Home Media DVR is bundled with Media Manager, a feature that allows customers to access photos and music from their personal computers and play them on their TV.

Verizon is also offering new FiOS TV customers, or existing customers who upgrade to a bundled package, one free month of HBO and Cinemax, which includes more than 25 premium channels and access to hundreds of additional video-on-demand titles. New customers who take advantage of this offer will save between $200 and $260 the first year, depending upon the DVR customers choose.

New Jersey residents who are FiOS TV-eligible now have the option to trim their monthly bills by bundling FiOS TV service, FiOS Internet service and the Verizon Freedom Essentials unlimited calling plan, all for as low as $99.99 a month.

Service highlights include:

-- More than 400 all-digital channels grouped by genres such as entertainment, sports, news, shopping, movies and family, making it easy for audiences to find their favorite programming.

-- A total of 100 high-definition channels for customers in Northern New Jersey, with extraordinary clarity and theater-quality sound. Verizon will soon significantly add to its HD channel lineup in the southern part of the state as well.

-- An industry-leading library of more than 11,000 video-on-demand titles each month, 70 percent of which are free. In addition, Verizon offers an increasing number of VOD titles in high definition, with plans for 1,000 HD VOD titles per month by the end of the year.

-- An easy-to-use interactive media guide that integrates HD programming, video-on-demand content and the digital video recorder along with broadcast television into a seamless user experience.

-- Set-top boxes ranging from a standard-definition box to the HD Home Media DVR.

Programming choices for Hispanic, African-American, Asian, Russian and other multicultural audiences are available in every market, making FiOS TV an outlet for emerging and independent networks to showcase their diverse programming.

Information on packages and prices is available at http://www.verizon.com/fiostv. New Jersey customers also can call 1-888-GET-FIOS to see if they qualify to order FiOS TV.

FiOS TV is designed to be a formidable competitor to cable and satellite. Verizon's fiber-to-the-premises (FTTP) network has industry-leading quality and reliability and is the largest of its kind in the country. It directly connects millions of homes and businesses and is currently under construction in more than half the states where the company offers landline communications services.

Fiber delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. It also delivers Internet download speeds of up to 50 Mbps (megabits per second) and upload speeds of up to 20 Mbps as well as high-quality voice services.

The value of FiOS TV extends to the installation and customer support. Specially trained Verizon technicians will install the service and acquaint subscribers with FiOS TV features and services. Verizon is waiving the installation fee for up to three existing TV outlets, and there is no charge to install a needed optical network terminal at the subscriber's home. Charges for other installation services, such as additional outlets, may apply. Verizon provides 24 x 7 technical assistance by phone from its Fiber Solutions Centers in Freehold and other cities around the nation.

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: Rich Young of Verizon, +1-973-649-2279,
richard.j.young@verizon.com

Web Site: http://www.verizon.com/fiostv
http://www.verizon.com/news

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

TOTVS and Datasul Union Will Create the World's 9th Largest ERP Software Company with More than 21,000 Active Clients

SAO PAULO, Brazil, Aug. 20 /PRNewswire-FirstCall/ -- TOTVS S.A. (Bovespa: TOTS3) and Datasul S.A. (Bovespa: DSUL3) hereby announce that the proposed corporate restructuring announced on July 23 was approved by the shareholders of both the companies at the Extraordinary General Meetings (EGM) held yesterday simultaneously at the respective company head offices in Sao Paulo (SP) and Joinville (SC). More than 2/3 (two thirds) of the companies' shareholders attended the meetings and approved the merger, by which Datasul's shareholder base will be merged with TOTVS' base, resulting in the world's 9th largest ERP software company, and reinforcing TOTVS' position as the leading ERP software company in the emerging markets.

In the 12 months ended March 2008, TOTVS and Datasul together posted pro-forma unaudited gross revenues of R$ 778 million and EBITDA of R$ 155 million, with EBITDA margin of more than 22%. The merger, while strengthening their operations in Brazil, increases their capability to serve the foreign markets since TOTVS and Datasul operations will be complementary in more than 18 countries.

Consequent to the merger, the new TOTVS will have more than 21,000 clients, 270 distribution channels and 9,000 employees, including franchises. The two companies believe there will be other advantages for their clients, shareholders and employees when the operations are integrated: sharing of the best management practices, expansion of the product and service offering, gains in synergy, aggregation of talent, potential for operational growth, and financial and operational solidity.

IR Contacts: Jose Rogerio Luiz Vice President, CFO and IRO TOTVS S.A. Gilsomar Maia and Bruno Salem Brasil Investor Relations Tel.: +55 (11) 3981-7097 ri@totvs.com http://www.totvs.com/ir Monica Hojaij Carvalho Molina IRO DATASUL S.A. Tel.: +55 (11) 2101-1111 ri@datasul.com.br http://www.datasul.com.br/ir

TOTVS S.A.; Datasul S.A.

CONTACT: IR Contacts: Jose Rogerio Luiz, Vice President, CFO and IRO,
TOTVS S.A., or Gilsomar Maia or Bruno Salem Brasil, Investor Relations, TOTVS
S.A., +011-5511-3981-7097, ri@totvs.com; or Monica Hojaij Carvalho Molina,
IRO, DATASUL S.A., +011-5511-2101-1111, ri@datasul.com.br

Nickelodeon Hits the Campaign Trail With Election-Themed Content, Leading Up to October Kids' VoteNick's Kids Pick The President Election Connection Team -- Featuring Lily Collins, Lil' JJ and Pick Boy -- To Report From Conventions For On-Air and Online CoverageTwo New Nick News with Linda Ellerbee Election Specials to Premiere in August and October

NEW YORK, Aug. 20 /PRNewswire/ -- Nickelodeon is throwing its splat into the political ring with a fall season's worth of presidential and election-themed content, all gearing up for its renowned kids' vote in October. From Aug. 24 to Oct. 12, the network will air new interstitial content about the U.S. presidential campaign, along with two brand-new Nick News specials. Additionally, Lily Collins, Lil' JJ and Pick Boy -- Nickelodeon's Kids Pick the President Election Connection Team -- will follow the campaign trail by providing kids with an insider point-of-view at the Democratic and Republican National Conventions.

All this leads up to the Kids Pick the President kids' vote which begins Oct. 12. Historically, kids have correctly chosen the next U.S. president four out of five presidential elections. This election year's vote follows Nickelodeon's first-ever kids' primary, held earlier this year, where kids correctly forecasted this year's candidates: Senators John McCain and Barack Obama.

"This presidential election has ignited so many young people to become more involved," said Marva Smalls, Executive Vice President of Public Affairs for Nickelodeon/MTVN Kids and Family Group. "We want to connect our audiences to the process -- the candidates and issues. Kids -- although not legal voters -- don't want to be on the sidelines."

A series of educational and humorous spots featuring the Kids Pick the President Election Connection Team will be introduced on-air and online in conjunction with the Democratic National Convention, on Aug. 25. The Election Connection Team will report from the conventions, profile the candidates, and get out the word about the Kids Pick the President kids' vote. Lil' JJ will also serve as blogger-extraordinaire on nick.com with up-to-the minute details of his experiences at the conventions.

Leading up to the Kids Pick the President online vote, where kids can choose their presidential candidate of choice, the Emmy Award-winning Linda Ellerbee will host two new half-hour Nick News specials. In "Tales from the Trail," premiering Aug. 24, at 9 p.m. (ET/PT), Nick News will follow kids who are rooting for, and actively campaigning for, Senator Barack Obama and Senator John McCain. The special will provide a glimpse into what will take place at the Democratic and Republican Conventions. In the final Kids Pick the President special, which premieres in October, Nick News will take kids' questions to the presidential candidates and then encourage kids to go online to http://www.nick.com/kpp and vote for the next U.S. President.

Teachers can also find Nickelodeon's Cable in the Classroom program's election-themed lesson plans online at http://www.teachers.nick.com/.

Nickelodeon, now in its 29th year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The company includes television programming and production in the United States and around the world, plus consumer products, online, recreation, books, magazines and feature films. Nickelodeon's U.S. television network is seen in more than 96 million households and has been the number-one-rated basic cable network for 14 consecutive years. Nickelodeon and all related titles, characters and logos are trademarks of Viacom Inc. .

Nickelodeon

CONTACT: Joanna Roses, +1-212-846-7326, joanna.roses@nick.com, or Thamar
Romero, +1-212-846-7491, thamar.romero@nick.com, or Jodi Davis,
+1-212-846-5981, jodi.davis@nick.com, all of Nickelodeon

Web Site: http://www.nick.com/kpp
http://www.teachers.nick.com/

Veridigm Closes Purchase of Digital Media Distributer: MediaPal Inc.

LONDON, Aug. 20 /PRNewswire-FirstCall/ -- Veridigm, Inc. (Pink Sheets: VRGD) (VRGD.F - Frankfurt, VRGDSG - Stuttgart, VRGD.DE - XETRA Level1) an Anglo American public investment company today announced the closing of a definitive acquisition agreement between Veridigm Inc. and MediaPal Inc. The terms of the acquisition are undisclosed.

Gary Freeman, President commented, "This acquisition secures our foundation to disrupt and consolidate targeted media distribution with a competitive superior technology and a highly economical digital media business application. Mediapal Inc. is the exclusive global license holder of a proprietary digital content e-commerce platform, including management, delivery, fulfillment, reporting, and tracking functions as further described in much greater detail below,"

Bryan Lenett, CEO of MediaPal, commented, "This acquisition and the addition of Veridigm management to our business supports our long-term strategic plans to extend our scale and reach into new media business, application areas and markets."

MediaPal is the direct-to-consumer solution for the entertainment and media industries. MediaPal is the best-in-class of content management, online sales, product publishing, and promotion solutions for the entertainment industry. MediaPal's proven content management platform, retailer portals, affiliate system, "Portable" publishing system, and direct-to-consumer infrastructure provides content owners and business to business partners a turn-key solution to sell and manage digital, mobile, ticketing, and physical products. The direct-to-consumer infrastructure enables content owners and business to business partners to enter the Internet media markets with zero barriers to entry. MediaPal's content management and publishing system manages every aspect of an online transaction, from the presentation of a portal or commerce "buy button" to a consumer purchase transaction, product fulfillment management, and customer service.

MediaPal Inc. operates the proprietary digital and mobile Content Management System ("CMS Platform") that enables the distribution of any type of paid and/or promotional media from any Internet property, portal, or service. The CMS Platform allows for the sale or distribution of digital media products via the Internet to be completely portable and flexible, while maintaining the Owner's or Distributor's branding and distribution controls.

The CMS Platform combines robust content management services, digital rights management, portable content distribution services, promotional capabilities, and global micro-payment processing into an easy to use and deploy system focusing on the fulfillment of any form of digital media or product. MediaPal provides Owners and Distributors from major record labels, major media distributers, major search engines, independent producers and all other Internet users with all of the resources and infrastructure required to distribute and manage digital, mobile, and physical content directly from any Internet property or service. The CMS Platform places its clients in total control of their content distribution and media management while seamlessly working "behind the scenes" to make consumers feel they are making their purchase and/or receiving product directly from the Owner or Brand Distributors.

MediaPal competes across five markets: -- Enterprise Powering music, sports, and entertainment companies' direct-to-consumer Internet infrastructure and strategies. The Platform currently powers digital, mobile, physical, ticketing, and package product bundles. -- Affiliate Platform and Modules MediaPal operates a sophisticated affiliate management system. Record labels, entertainment companies, and content owners can easily create and populate unlimited affiliate websites to other Internet properties such as partners and high traffic portals. -- Independent / Consumer Enabling independent content owners to sell and promote content and products. Enabling Social Network apps for record labels and entertainment companies. Enabling Social Network apps to enable independent content owners to sell and promote content and products. -- B2B MediaPal platform is built on .NET Web Services. We have developed web services to power high traffic portals and B2B and B2C services such as search engines to promote and sell digital, mobile, and physical products transparently to their consumers. -- Promotion MediaPal has many promotion components and services within. From download/promotion cards to promotional materials with Pin IDS for customer rewards, we have implemented dozens of proven models. For more information please go to MediaPal.com About Veridigm Inc.

Veridigm, an Anglo American investment company that provides merchant banking services to niche private and specific microcap public companies seeking debt and equity capital and/or to be part of a diversified, equitable, resource sharing, business combination. Specifically, the Company identifies specific private and public companies and assists them with managerial, accounting and financial advice and assists in refinance and/or raise adequate capital by introducing potential investors and lenders. The Company's policy is to calculate its voting capacity on a fully diluted basis. The Company at all times will conduct its activities in such a way that it will not be deemed an "investment company" subject to regulation under the 1940 Act.

About MediaPal Inc.

MediaPal Inc., through an exclusive global license; operates a digital and mobile Content Management System ("CMS Platform") that enables the distribution of any type of paid and/or promotional media from any Internet property, portal, or service. The CMS Platform allows for the sale or distribution of digital media products via the Internet to be completely portable and flexible, while maintaining the Owner's or Distributor's branding and distribution controls. The CMS Platform combines robust content management services, digital rights management, portable content distribution services, promotional capabilities, and global micro-payment processing into an easy to use and deploy system focusing on the fulfillment of any form of digital media or product. MediaPal provides Owners and Distributors from major record labels, major media distributers, major search engines, independent producers and all other Internet users, with all of the resources and infrastructure required to distribute and manage digital, mobile, and physical content directly from any Internet property or service. The CMS Platform places its clients in total control of their content distribution and media management while seamlessly working "behind the scenes" to make consumers feel they are making their purchase and /or receiving product directly from the Owner or Brand Distributors.

Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,' 'expect' and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

Veridigm, Inc.

CONTACT: Andrew Wilcox, 1-888-646-5670, Veridigm@gmail.com, for
Veridigm, Inc.

AT&T Delivers Live and On-Demand Performances From Outside Lands Music & Arts Festival Across Three ScreensAT&T blue room Webcast to Feature Performances From Primus, Ben Harper & The Innocent Criminals, Andrew Bird, Galactic and Many, Many More

DALLAS, Aug. 20 /PRNewswire-FirstCall/ -- Summer may be winding down but some of today's top musicians will be heating up the stages of San Francisco's Outside Lands Music & Arts Festival (http://www.sfoutsidelands.com/) this weekend.

AT&T Inc. announced today that the company will deliver the excitement of the inaugural Outside Lands Music & Arts Festival over the PC, TV and wireless device. Select performances from artists like Primus, Ben Harper & The Innocent Criminals, Andrew Bird, Galactic and many, many more will be available daily Aug. 22-24 via a free webcast on the AT&T blue room (http://www.attblueroom.com/). A complete performance lineup will soon be available at http://www.attblueroom.com/music.

"We're excited to once again merge fan fervor with AT&T's best-in-class technology," said Dan York, executive vice president of programming, AT&T. "By teaming up with the first Outside Lands Festival, we're able to give music lovers the exclusive content they want whenever and however they want to view it -- over the TV, PC or wireless device."

Joey Schultz, vice president of AT&T Consumer Marketing, added: "Through the blue room, we are able to share the sights and sounds of Outside Lands with even more music fans across the country -- extending the festival into a nationwide event and creating a platform for AT&T to introduce our products and services to consumers."

In addition to the live webcast, archived footage of select performances will also be made available on blue room, to AT&T U-verse(SM) TV subscribers and through Cellular Video(1) on AT&T wireless devices in the weeks following the festival.

The Outside Lands Music & Arts Festival will take place in San Francisco's historic Golden Gate Park on Aug. 22-24. The event will feature more than 60 of today's top acts across six stages. From singer-songwriters to DJs, jazz acts to cutting-edge rock bands, all major music movements will be celebrated alongside a host of local musicians, a food and wine festival, innovative technology elements and visual arts representing San Francisco's vibrant cultural community.

AT&T blue room is an online music and sports destination that helps fuel the sales of the company's core offerings -- high speed Internet, wireless, voice and video -- while building an affinity for the AT&T brand in the entertainment space. The blue room will conclude the summer festival season with a webcast of Austin City Limits Music Festival on Sept. 26-28. For the complete array of AT&T offerings, visit http://www.att.com/.

(1) Requires 3G, CV and MEdia(TM) Net functionality. About AT&T

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

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

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

AT&T Inc.

CONTACT: Sean Lashley of AT&T Inc., +1-314-982-1746, or wireless,
+1-618-444-0707, slashley@attnews.us

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

Novellus Announces Availability of the Webcast of its Presentation at Citigroup's 15th Annual Global Technology Conference

SAN JOSE, Calif., Aug. 20 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. , today announced that the company will present on Wednesday, September 3, 2008, at Citigroup's 15th Annual Global Technology Conference. The presentation will begin at 9:50 a.m. EDT and will be made available over the Internet via a live webcast.

The live webcast presentation may be accessed via Novellus' Investor Relations home page at http://www.novellus.com/. A replay of the webcast will be available for seven days following the conference.

About Novellus:

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

Novellus Systems, Inc.

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

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

City Telecom Announces Extension of Expiration Date of Its Cash Tender Offer and Consent Solicitation

HONG KONG, Aug. 20 /PRNewswire-FirstCall/ -- City Telecom (H.K.) Limited (the "Company", SEHK: 1137, Nasdaq: CTEL), a corporation incorporated under the laws of Hong Kong, today announced that, in connection with its previously announced tender offer (the "Offer") to purchase for cash all of its outstanding 8.75% Senior Notes due 2015 (the "Notes") as well as the related consent solicitation (the "Consent Solicitation") to amend the indenture governing the Notes, it is extending the expiration date of the Offer to 8:00 a.m., New York City time on October 1, 2008, unless further extended or earlier terminated.

On July 25, 2008, the Company announced it had received tenders and consents from holders of a majority in aggregate principal amount of the Company's outstanding Notes.

HSBC Securities (USA) Inc. is acting as Dealer Manager for the Offer and as the Solicitation Agent for the Consent Solicitation and can be contacted in New York at (888) HSBC-4LM (toll-free) or +1 (212) 525-5552 (collect), in Hong Kong at +852 2822-3071, in London at +44 (20) 7991-5874 or via e-mail at liability.management@hsbcib.com. D.F. King & Co., Inc. is the Information Agent and can be contacted at +1 (212) 269-5550 (for banks and brokers only) or (800) 628-8532 (toll free). Copies of the Offer to Purchase and Consent Solicitation Statement and other related documents may be obtained from the Information Agent.

The Offer to Purchase and Consent Solicitation are being made solely on the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement. This communication is for informational purposes only and is qualified by reference to the Offer to Purchase and Consent Solicitation Statement. Under no circumstances shall this press release constitute an offer to buy or the solicitation of an offer to sell any securities of the Company. This press release also is not a solicitation of consents to the proposed amendments to the indenture.

About City Telecom (H.K.) Limited

Established in 1992, City Telecom (H.K.) Limited provides integrated telecommunications services in Hong Kong. City Telecom's wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN), is in the process of expanding its Next Generation Network from approximately 1.4mn to 2.0mn homes pass. HKBN has achieved an aggregate Voice, Broadband (symmetric 25Mbps up to 1Gbps), IP-TV and Corporate data services base in excess of 726,000 subscriptions. Additional information on City Telecom can be found at http://www.ctigroup.com.hk/.

City Telecom (H.K.) Limited

CONTACT: Corporate Communications, Jessie CHENG, +852-3145-4118, Fax,
+852-2199-8372, chengcm@ctihk.com, or Investors Relations, Peggy CHAN,
+852-3145-6068, Fax, +852-2199-8655, ir@ctihk.com

Web site: http://www.ctigroup.com.hk/

CareerBuilder.com and Inavero Institute to Release New Comprehensive Study on Staffing Industry Clients and Job Candidates

CHICAGO, Aug. 20 /PRNewswire/ -- CareerBuilder.com and the Inavero Institute for Service Research announced today they will release a first-of-its-kind, comprehensive staffing industry guide based on a nationwide survey spanning three years among more than 1,500 staffing industry clients and 8,800 job candidates. The study, scheduled to be published on September 26, 2008, will identify key opportunities and insights for staffing firms related to topics such as improving brand awareness, communication and the overall user experience.

A Guide to Staffing Industry Clients -- the study's first set of results focuses on perspectives from staffing industry clients across industries, regions and company sizes. Key takeaways include:

#1 Client Awareness of Staffing Firms

Staffing firms continue to face challenges in creating and maintaining high levels of brand awareness. Only two national staffing firms were able to achieve awareness with more than 50 percent of client participants in 2008, consistent with the previous two years.

"The staffing industry is very fragmented and often geographically or industry-focused," said Eric Gregg, managing partner of the Inavero Institute for Service Research. "The study findings signal the need for a greater investment in marketing and advertising to forge a recognizable and differentiated brand message."

#2 Capturing More Client Business

Fewer than 25 percent of companies nationwide currently utilize a staffing or recruiting firm to help with their human resources needs. While time savings and convenience ranked high for "pros" in working with staffing firms, clients pointed to candidate fit and personalization for opportunities to create an improved and differentiated service that garners more business.

#3 The Client Experience and Customer Retention

While the overall client experience with one's primary staffing firm continues to improve, 45 percent of clients have changed or seriously considered changing primary staffing firms in the past 12 months.

A Guide to Job Candidates -- the other half of the study details perceptions and opinions of the staffing industry through the eyes of job candidates. Key takeaways include:

#1 The Awareness and Perception Gap

Similar to staffing clients, staffing brand awareness is low among job candidates, as the average job candidate is only able to name one staffing or recruiting firm from memory. Additionally, 40 percent of job candidates can't name a single staffing or recruiting firm.

#2 The Staffing Firm Role in the Job Search

Only one-in-five job candidates utilizes a staffing or recruiting firm as part of their job search, though candidates typically put their energy into multiple resources, with the average job search consisting of four different resources.

#3 Through the Eyes of the Candidates -- Views of the Staffing Firm Experience

Job candidates indicate that there are several aspects that can be challenging when working with staffing or recruiting firms; more follow through and responsiveness to calls and emails ranked among the top ways for staffing firms to improve the user experience, according to respondents.

"Staffing firms deliver a great value to clients and candidates, especially critical in a time when companies are competing aggressively for high-skill labor and candidates are grappling with an uncertain job market," said Todd McCormick, president of CareerBuilder.com's Recruiter Business Unit.

"This guide is designed to identify opportunities to expand business and support the continued growth of staffing firms in the recruitment arena."

For more information on the study, to download a free executive summary or to get purchase details please visit: http://careerbuilder.com/staffingperceptions or call 800-960-5203.

Survey Methodology

The surveys were conducted online within the United States by the Inavero Institute for Service Research. The staffing industry client survey included 1,506 responses from professionals involved in their organization's staffing decisions. The study employed a random sampling methodology and was limited to organizations who had utilized a staffing or recruiting firm within the past 12 months. The study's confidence level is estimated at a 95% probability, with a sampling error of +/- 4.4%.

The staffing industry job candidate survey included 8,969 job candidates who reported being in the midst of a job search, or having completed a search within the past 12 months. The study involved two sources of respondents; an online panel, and CareerBuilder.com's internal database of job seekers. Where significant differences were found, the random sampling design of the online panel was utilized to eliminate potential bias from CareerBuilder.com's internal database. This study's confidence level is estimated at 95% probability, with a sampling error of +/- 1.1%.

About the Inavero Institute for Service Research

The Inavero Institute for Service Research is the staffing industry's premier client and employee satisfaction firm, analyzing feedback from more than 25,000 staffing industry clients and job candidates each year. The firm's client retention tools are utilized in more than 300 locations throughout North America and currently protect more than $2 billion in staffing industry revenue for their clients. For more information, visit http://www.inavero.com/.

About CareerBuilder.com

CareerBuilder.com is the nation's largest online job site with more than 23 million unique visitors and over 1.6 million jobs. Owned by Gannett Co., Inc. , Tribune Company, The McClatchy Company and Microsoft Corp. , the company offers a vast online and print network to help job seekers connect with employers. CareerBuilder.com powers the career centers for more than 1,600 partners, including 140 newspapers and leading portals such as AOL and MSN. More than 300,000 employers take advantage of CareerBuilder.com's easy job postings, 28 million-plus resumes, Diversity Channel and more. CareerBuilder.com and its subsidiaries operate in the U.S., Europe, Canada and Asia. For more information, visit http://www.careerbuilder.com/.

Media Contact CareerBuilder.com Allison Nawoj 773-527-2437 allison.nawoj@careerbuilder.com

CareerBuilder.com

CONTACT: Allison Nawoj of CareerBuilder.com, +1-773-527-2437,
allison.nawoj@careerbuilder.com

Web site: http://www.careerbuilder.com/
http://www.inavero.com/

Verizon Wireless Expands Wireless Broadband Service in Chautauqua, Cattaraugus, Delaware and Otsego Counties in New YorkWireless Customers Can Now Access the Internet at Broadband Speeds and Download Music, Videos and Games to Their Phones

ROCHESTER, N.Y., Aug. 20 /PRNewswire/ -- Verizon Wireless announced today it has introduced BroadbandAccess, its wireless broadband service, in Chautauqua and Otsego Counties for the first time and expanded its coverage in Cattaraugus and Delaware Counties, giving local customers access to the latest high-speed business and entertainment services on their wireless phones, laptop and desktop computers, and PDAs.

Customers living in and visiting these areas can now access their e-mail, corporate data, the Internet and more at broadband speeds -- in their homes or on the road. They can also view and download video clips on their phones, download music onto their handsets over-the-air, play 3D games, and send large data files at faster speeds as the company continues to expand the next generation of its high-speed wireless broadband network across Upstate New York.

The company has added CDMA 1x Evolution-Data Optimized (EV-DO) Revision A (Rev. A) technology to more than 50 cell sites in the following areas:

Chautauqua County: Jamestown Findley Lake Poland Dunkirk Portland Chautauqua Fredonia Westfield Silver Creek Mayville Cherry Creek Sherman Ripley Ellington Cattaraugus County: Salamanca Plato Killbuck Little Valley Napoli Ellicottville Dayton Franklinville Ashford Hollow Machias Gowanda Delaware County: Walton Cooks Falls Stamford Peakville Hancock Horton Fish's Eddy East Branch Otsego County: Oneonta Unadilla Cooperstown Milford Springfield East Hill Worcester Edmeston

"Verizon Wireless is focused on providing the best customer experience, and a major part of that commitment is making sure we continue to have the best, most reliable network," said Marquett Smith, president of Verizon Wireless' Upstate New York region. "Instead of merely offering wireless broadband service in metropolitan areas or near major airports, we're committed to giving our customers the ability to access the Internet, corporate data and premium entertainment content at broadband speeds throughout Upstate New York."

Verizon Wireless' wireless broadband network now stretches across Western, Central and Eastern New York from Lake Erie to the Hudson River Valley, including the cities of Buffalo, Rochester, Syracuse, Utica/Rome, Albany, Jamestown, Elmira/Corning, Ithaca, Binghamton, Watertown, Canton/Potsdam, Glens Falls, Poughkeepsie and into the New York City area, as well as hundreds of towns and villages across the state.

The entire Upstate New York EV-DO network is now Rev. A capable, meaning customers can enjoy even faster speeds than before when both downloading and sending large files on the company's broadband data network.

BroadbandAccess provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps, translating to being able to download a 1 Megabyte e-mail attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds.

"Our enhanced BroadbandAccess service gives our customers three key advantages in wireless communication: speed, mobility and security," said Smith. "With these advantages comes an increase in productivity and bottom-line business benefits."

The company's high-speed network also enables its V CAST multimedia services, offering customers the ability to download full-song tracks from V CAST Music with Rhapsody so customers can access a library of more than 5 million tunes, play cutting-edge 3D games and stream video clips straight to their handsets with top transmission speeds. With content updated daily, customers can watch dozens of on-demand videos, including breaking news, weather, sports highlights and the hottest entertainment clips.

BroadbandAccess is available for $39.99 monthly access for 50 MB of data usage, or $59.99 monthly access for 5 GB of data usage with a new one- or two-year agreement. BroadbandAccess service also is available as an integrated option on select notebook and laptop computers. For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

About Verizon Wireless

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

Verizon Wireless

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

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

012 Smile.Communications Announces Implementation of the Gronau Committee Recommendations

PETACH TIKVA, Israel, August 20 /PRNewswire-FirstCall/ -- Internet Gold (Nasdaq NMS and TASE: IGLD) reports that it's subsidiary 012 Smile.Communications (NASDAQ Global market and TASE: SMLC), a growth-oriented provider of communication services in Israel, today announced that Israel's Minister of Communications declared his decision to implement the recommendations of the Gronau Committee for the increased competition in the communication market. The declaration constitutes (among others) the following decisions:

1. Increase the competition within the Israel cellular communication market, by granting MVNO licenses.

2. Cellular operators will not be allowed to enter the international long distance market unless an international communication services provider will be granted an MVNO license, and subject to changes in the tariffs of the international calls made by cellular phone users.

3. Increase the competition within the landline communication services, by enforcing Local Loop Unbundling (LLU) of the infrastructure of Bezeq, The Israel Telecommunication Corp. Ltd., the incumbent local telephony provider in Israel. Following such LLU, Bezeq's subsidiaries will be allowed to offer bundled services, subject to several additional terms and conditions.

If fully implemented, these changes will allow 012 Smile.Communications to compete in the mobile market and in the IPTV sector and improve its competitive position in the domestic land lines market.

About Internet Gold

Internet Gold is one of Israel's leading communications groups with a major presence across all Internet-related sectors. Its 72.4% owned subsidiary, 012 Smile.Communications Ltd., is one of Israel's major Internet and international telephony service providers, and one of the largest providers of enterprise/IT integration services. Its 100% owned subsidiary, Smile.Media Ltd., manages a growing portfolio of Internet portals and e-Commerce sites.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in Company's filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

For further information, please contact: Mor Dagan - Investor Relations mor@km-ir.co.il / Tel: +972-3-516-7620 Ms. Idit Azulay, Internet Gold idita@co.smile.net.il / Tel: +972-72-200-3848

Internet Gold

CONTACT: For further information, please contact: Mor Dagan - Investor
Relations, mor@km-ir.co.il / Tel: +972-3-516-7620; Ms. Idit Azulay, Internet
Gold, idita@co.smile.net.il / Tel: +972-72-200-3848

012 Smile.Communications Announces Implementation of the Gronau Committee Recommendations

PETACH TIKVA, Israel, August 20 /PRNewswire-FirstCall/ -- 012 Smile.Communications , a growth-oriented provider of communication services in Israel, today announced that Israel's Minister of Communications declared his decision to implement the recommendations of the Gronau Committee for the increased competition in the communication market . The declaration constitutes (among others) the following decisions:

1. Increase the competition within the Israel cellular communication market, by granting MVNO licenses.

2. Cellular operators will not be allowed to enter the international long distance market unless an international communication services provider will be granted an MVNO license, and subject to changes in the tariffs of the international calls made by cellular phone users.

3. Increase the competition within the landline communication services, by enforcing Local Loop Unbundling (LLU) of the infrastructure of Bezeq, The Israel Telecommunication Corp. Ltd., the incumbent local telephony provider in Israel. Following such LLU, Bezeq's subsidiaries will be allowed to offer bundled services, subject to several additional terms and conditions.

If fully implemented, these changes will allow the Company to compete in the mobile market and in the IPTV sector and improve its competitive position in the domestic land lines market.

About 012 Smile.Communications:

012 Smile.Communications is a growth-oriented communication services provider in Israel with a leading market position, offering a wide range of broadband and traditional voice services. Its broadband services include broadband Internet access with a suite of value-added services, specialized data services and server hosting, as well as new innovative services such as local telephony via voice over broadband and a WiFi network of hotspots across Israel. Traditional voice services include outgoing and incoming international telephony, hubbing, roaming and signaling and calling card services. 012 Smile.Communications services residential and business customers, as well as Israeli cellular operators and international communication services providers through its integrated multipurpose network, which allows it to provide services to almost all of the homes and businesses in Israel.

012 Smile is a 72.4 % owned subsidiary of Internet Gold Golden Lines Ltd. one of Israel's leading communications groups with a major presence across all Internet-related sectors. In addition to 012 Smile, its 100% owned Smile.Media subsidiary manages a growing portfolio of Internet portals and e-Commerce sites. Internet Gold and 012 Smile are part of the Eurocom Communications Group. 012 Smile's shares trade on the NASDAQ Global Market and on the Tel Aviv Stock Exchange.

For additional information about 012 Smile.Communications Ltd., please visit the Company's investors' site at http://www.012.net/.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in 012 Smile.Communications' filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

For further information, please contact: Ms. Idit Azulay 012 Smile.Communications Ltd +972-72-2003848 i.azulay@smile.net.il

012 Smile.communications Ltd.

CONTACT: For further information, please contact: Ms. Idit Azulay, 012
Smile.Communications Ltd, +972-72-2003848, i.azulay@smile.net.il

ThermoEnergy Corp Reports Second Quarter 2008 Financial Results and Business Highlights- Strengthens CASTion Pipeline- Expands Infrastructure for Future Contracts- Additional Investment by Affiliate

LITTLE ROCK, Ark., Aug. 20 /PRNewswire-FirstCall/ -- ThermoEnergy Corporation (BULLETIN BOARD: TMEN) today announces the Company's second quarter 2008 financial results and provides a business update to shareholders.

Key Business Highlights and Corporate Developments

-- CASTion received a follow on order from long time client, General Metal Finishing for CASTion's ZLD and CAST system.

-- CASTion continues to expand the current pipeline for its industrial business, which now stands at approximately $8 million. CASTion defines their pipeline as order with a probability greater than 50% to be started in the next 12 months.

-- CASTion expects to close on approximately $1-3 million of the current pipeline in the second half of 2008.

-- ThermoEnergy is in contract discussions with two large internationally known Architect and Engineering Companies to provide the necessary construction and engineering services for the New York City 26th Ward ARP Wastewater project.

-- Discussions continue with Babcock Power, Inc. to form a symbiotic relationship utilizing the Company's proprietary TIPS process. The Memorandum of Understanding has been extended and the Company expects to enter into a joint venture agreement during the third quarter of 2008

-- Large Shareholder makes an additional investment as a bridge loan until the Quercus Trust $7 million commitment closes.

"The first half of 2008 has been a milestone building period for ThermoEnergy and our subsidiaries. We have continued to make strides in our contract negotiations with New York City and believe we are within 60-90 days of announcing the finalization of the contract for the 26th Ward ARP project. Additionally, we continue to move closer to a finalized agreement structure with Babcock Power, Inc. relating to our TIPS process. Finally, CASTion continues to excel at winning new business opportunities and should move towards break even on an annualized basis in the second half of 2008 as our backlog continues to grow to more than $8 million of which we expect to close $1-3 million by year end 2008," stated Dennis Cossey, CEO of ThermoEnergy Corporation.

Second Quarter and Six Month 2008 Financial Results

ThermoEnergy reported $776,000 in operating revenue for the second quarter of 2008 compared to $108,000 in the second quarter of 2007. The increase was the results of increasing demand for products in the CASTion water division. Gross profit for the second quarter was $54,000 or 6% gross margins as compared $72,000 or 66% in the prior year's comparable period. The margin compression is related to expenses related to the staffing and to improving customer relationships at CASTion. Management expects margins to improve in the second half of 2008.

Operating expenses for the second quarter increased to $3.6 million from $1.3 million in the second quarter of 2007. The majority of the increase in operating expenses relates to the expansion of the CASTion sales force, infrastructure expansion to support future large contracts and non-cash option and warrant expenses. Overall, the Company recognized a net loss of $(3.77) million or $(0.08) per share in the second quarter of 2008 as compared to a net loss of $(1.24) million or $(0.05) per share in the prior year period.

For the first six months of 2008, ThermoEnergy posted revenues of $1.18 million compared to $182,000 in the year ago period. Loss from operations increased to $(5.27) million as compared to $(2.03) million for the first six months of 2007. Through the first six months of 2008, ThermoEnergy has sustained a net loss of $(5.67) million as compared to $(2.02) million through the same period in 2007.

About ThermoEnergy:

Founded in 1988, ThermoEnergy is a diversified technologies company engaged in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies. The economic and environmental matrix of the Company's technologies represents a significant advancement in these key infrastructure industries. The Company currently has offices in Little Rock, AR, Worcester, MA, Hudson, MA, and New York, NY. Additional information on the Company and its technologies can be found on its website at http://www.thermoenergy.com/.

ABOUT CASTion: We are a fast growing developer and manufacturer of innovative wastewater treatment and recovery systems for industrial and municipal clients. Our systems are unique because they meet environmental regulations and provide a rapid rate of return on investment by recovering and reusing expensive feedstocks, reducing contaminated wastewater discharge and reusing wastewater in process operations. Our proprietary products CAST and RCAST are combined with off-the shelf technologies to provide systems that are inexpensive, easy to operate and reliable. Our wastewater treatment systems have application in aerospace, food processing, metal finishing, refineries, manufacturing and municipal wastewater. With recovery of feedstocks, avoidance of wastewater and contaminate discharge fees and the reuse of wastewater in your process our systems can deliver cost effective solutions to environmental problems. From our 20,000 square foot manufacturing facility in Worcester, Massachusetts we have the ability to assemble and ship our systems worldwide. Additional information on the Company and its technologies can be found on its website at http://www.castion.com/.

THIS PRESS RELEASE INCLUDES STATEMENTS THAT MAY CONSTITUTE "FORWARD LOOKING" STATEMENTS, USUALLY CONTAINING THE WORD "BELIEVE", "ESTIMATE", "PROJECT", "EXPECT" OR SIMILAR EXPRESSIONS. FORWARD LOOKING STATEMENTS INHERENTLY INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FORWARD LOOKING STATEMENTS. FACTORS THAT WOULD CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, CONTINUED ACCEPTANCE OF THE COMPANY'S PRODUCTS AND SERVICES IN THE MARKETPLACE, COMPETITIVE FACTORS, CHANGES IN REGULATORY ENVIRONMENTS AND OTHER RISKS DETAILED IN THE COMPANY'S PERIODIC REPORT FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. BY MAKING THESE FORWARD LOOKING STATEMENTS, THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS FOR REVISIONS OR CHANGES.

ThermoEnergy Corporation

CONTACT: Andrew Melton, CFO, ThermoEnergy Corporation,
+1-501-376-6477, amelton@thermoenergy.com; or Investors: Mark McPartland,
markmcp@allianceadvisors.net or Bryan Kobel, bkobel@allianceadvisors.net,
of Alliance Advisors, LLC, +1-212-398-3487

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

BeaconEquity.com Issues Trade Alerts on Computer System Stocks: HPQ, DELL, JAVA, IGT, SGMS, IBM

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BeaconEquity.com Disclosure

BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC. Please read our report and visit our website, BeaconEquity.com, for complete risks and disclosures.

Beacon Equity Research Jeff Bishop, (469)-252-3505 press@beaconequity.com

Reuben Sushman of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 1755680.

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BeaconEquity.com

CONTACT: Jeff Bishop of Beacon Equity Research, +1-469-252-3505,
press@beaconequity.com

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

Telekom Austria Group : les activités internationales demeurent le principal facteur de croissance

VIENNE, Autriche, August 20 /PRNewswire/ --

- Croissance des produits d'exploitation de 7,7 %, de 2353,8 millions d'euros à 2535,8 millions d'euros - Croissance du BAIIDA de 2,7 %, de 942,4 millions d'euros à 967,7 millions d'euros - La croissance continue des opérations internationales soutient le BAIIDA - Poursuite de la stabilisation des tendances nettes fixes alors que les offres groupées parviennent à ralentir la perte associée aux lignes d'accès - Le nombre d'abonnés dans le segment de la communication mobile croît de 52,5 % et atteint 16,5 millions de clients - Les perspectives pour l'exercice 2008 y compris un dividende par action d'au moins 0,75 euros sont réitérées

Telekom Austria Group (VSE : TKA, OTC US : TKAGY) a annoncé aujourd'hui ses résultats pour le premier semestre 2008 et le deuxième trimestre clos le 30 juin 2008.

Comparaison en cumul annuel :

Au cours du premier semestre 2008, les produits d'exploitation ont augmenté de 7,7 % pour atteindre 2535,8 millions d'euros, principalement imputables à la consolidation de Velcom en Biélorussie et aux contributions plus importantes des autres opérations internationales.

Le BAIIDA a augmenté de 2,7 % pour se situer à 967,7 millions d'euros comparé à 942,4 millions d'euros, suite à la croissance du BAIIDA des opérations internationales et à la consolidation de Velcom, ce qui a plus que compensé une contribution amoindrie du segment téléphonie fixe. Le BAIIDA inclut des dépenses exceptionnelles se chiffrant à 19,7 millions d'euros.

Le bénéfice d'exploitation a baissé de 4,9 %, de 410,2 millions d'euros à 389,9 millions d'euros, en raison de frais de dépréciation et d'amortissement plus élevés. Le bénéfice net a chuté de 18,6 % pour se situer à 226,0 millions d'euros en raison de charges d'intérêt plus élevées principalement suite à l'acquisition de Velcom.

Les dépenses en immobilisations pour les actifs incorporels et corporels ont baissé de 7,0 % pour représenter 350,3 millions en raison de la baisse des dépenses en immobilisations dans les deux segments. La dette nette est restée stable à 4402,1 millions d'euros à la fin juin 2008, comparé à la fin décembre 2007 et malgré le paiement du dividende.

Comparaison trimestrielle :

Les produits d'exploitation ont augmenté de 5,6 % et représentent 1276,2 millions d'euros au deuxième trimestre 2008, tandis que des produits plus élevés tirés des opérations internationales, notamment la consolidation de Velcom, ont surcompensé la baisse des produits d'exploitation du segment de téléphonie fixe et du segment de la téléphonie itinérante.

Les produits d'exploitation de la téléphonie itinérante ont subi l'impact d'un effet saisonnier au deuxième trimestre 2008, l'impact positif des vacances de Pâques sur l'itinérance ayant été enregistré au premier trimestre 2008, alors qu'en 2007 il l'avait été au deuxième trimestre. Cette saisonnalité a amplifié l'effet des prix d'itinérance plus faibles et a résulté dans des produits d'exploitation moindres pour ce segment.

Le BAIIDA a augmenté de 0,6 % pour atteindre 469,1 millions d'euros, étant donné que la consolidation de Velcom et les contributions plus élevées des opérations internationales établies ont compensé des contributions en baisse des opérations autrichiennes, lesquelles comprenaient des dépenses exceptionnelles d'un montant de 7,7 millions d'euros, ainsi que des coûts de start-up en Serbie et dans l'Ancienne République Yougoslave de Macédoine.

Le bénéfice d'exploitation a baissé de 11,8 % à 174,7 millions d'euros en raison de frais de dépréciation et d'amortissement plus élevés. Le bénéfice net a chuté de 26,3 % pour se situer à 96,3 millions d'euros au cours du deuxième trimestre 2008, principalement en raison de charges d'intérêt plus élevées suite à l'acquisition de Velcom. En conséquence, le bénéfice par action a baissé de 24,9 % et se situe à 0,22 euros.

Les dépenses en immobilisation pour les actifs corporels et incorporels ont baissé de 8,9 % et représentent 190,7 millions d'euros, en raison essentiellement d'investissements moins importants en Autriche et en Serbie, malgré la consolidation de Velcom.

Renseignements supplémentaires

Pour des renseignements détaillés au sujet du premier semestre 2008, veuillez consulter le rapport financier correspondant sur le site Internet de Telekom Austria Group au http://www.telekomaustria.com/interim_reports

Contacts: Elisabeth Mattes Porte-parole du Groupe Tél: +43-664-331-2730 E-mail: elisabeth.mattes@telekom.at Peter Zydek Responsable des relations avec les investisseurs Tél: +43(0)59059-1-19000 E-mail: peter.zydek@telekom.at

Telekom Austria Group

Contacts : Elisabeth Mattes, porte-parole du Groupe, Tél: +43-664-331-2730, E-mail: elisabeth.mattes@telekom.at ; Peter Zydek, responsable des relations avec les investisseurs, Tél: +43(0)59059-1-19000, E-mail : peter.zydek@telekom.at

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News archive of November 2009
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