Companies news

StartupNation and Microsoft Office Live Small Business Search for Nation's Top Home-Based Businesses for Second Annual 'Home-Based 100'Call for entries now open; ranking highlights the often unrecognized 16.5 million U.S. home-based businesses

SAN FRANCISCO and REDMOND, Wash., Aug. 20 /PRNewswire-FirstCall/ -- StartupNation (http://www.startupnation.com/) and Microsoft Office Live Small Business (http://www.smallbusiness.officelive.com/) have launched the second annual "Home-Based 100" to find the top home-based businesses in the country. Home-based businesses interested in making the list can submit their business profile at http://www.startupnation.com/homebased100, with results to be announced in November.

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According to the Small Business Administration, over half of all U.S. businesses are based out of an owner's home, and home-based businesses contribute more than $530 billion to the U.S. economy each year. With more than 19 million entrepreneurs currently running a business from home, most experts believe this trend is at an all-time high.

"2008 is the year of the home-based business. While home businesses have long been the backbone of the U.S. economy -- surpassing more than half of all businesses -- this year's economic pressures have accelerated this trend and fueled a new crop of home-based entrepreneurs," said Rich Sloan, co-founder of StartupNation LLC and one of the country's leading small-business experts. "Our 2008 ranking of home-based businesses will showcase these unsung heroes of entrepreneurship and demonstrate that home is not only where the heart is, but also where passion, drive and tomorrow's business success stories live."

The StartupNation Home-Based 100 is composed of 10 top-10 lists making it not just an ordinary business list. Including the grungiest, the most innovative and the best financial performers, the unique and diverse list highlights the home-based businesses that are often unrecognized, but which still play a vital role in the economy today. The 10 categories for 2008 follow:

-- Best Financial Performers -- Most Innovative -- Boomers Back in Business -- Greenest -- Yummiest -- Wackiest -- Grungiest -- Recession Busters -- Most Slacker-Friendly -- Most Glamorous

"Home-based businesses are a growing and vital force in the U.S. economy, and the Home-Based 100 has established itself as the leading voice for recognizing and encouraging home-based business success," said Michael Schultz, U.S. marketing lead for Microsoft Office Live Small Business. "Many of today's leading companies, including Microsoft Corp., claim 'home' as their birthplace, and we are proud to join with StartupNation to recognize the future of entrepreneurship."

New Category

This year, a new category called Recession Busters recognizes businesses that are overcoming the economic downturn. While 2008 has brought new business challenges, including tighter lending standards, higher prices for energy and weaker consumer spending, a home-based business can tap the advantage of an agile, cost-efficient framework. This unique category will highlight businesses that are not only surviving but also thriving in the current economy.

"Being included on the 2007 Home-Based 100 made my year," said Laura Faust, owner of Ciao Laura LLC. Winner in the Yummiest category for Home-Based 100 2007 (http://www.startupnation.com/home-based-100/83/8984/winner.htm), Ciao Laura provides travelers with a unique opportunity to learn to cook authentic Italian recipes through its culinary vacation packages in Italy. "The amount of attention and new business that my company received from this award is overwhelming -- from record-breaking Web traffic to skyrocketing sales. It is incredible being recognized for the work that I love and an honor to be featured in this list of outstanding businesses."

Contestants must be home-based and also have a business Web site to enter the contest. Sponsors of the Home-Based 100 ranking include Microsoft Office Live Small Business and FedEx Office.

About StartupNation

StartupNation (http://www.startupnation.com/) provides over 175,000 pages of business advice and networking for entrepreneurs and serves millions of entrepreneurs annually. StartupNation is a free service founded by entrepreneurs for entrepreneurs with the intention of providing a one-stop shop for entrepreneurial success, including blogs from a host of experts, podcasts, webcasts, eBooks, award-winning step-by-step advice, and more.

About StartupNation's Founders -- The Sloan Brothers

StartupNation co-founders and "chief startupologists," Rich and Jeff Sloan, are two of the country's leading small business experts and ran their business from home for eight years. They speak frequently at entrepreneurial forums and act as sources for top media venues nationwide. They are authors of StartupNation: Open for Business, published by Doubleday, and provide their insight online at http://www.startupnation.com/. The Sloans are regularly quoted and featured in media such as The New York Times, Wall Street Journal, Fortune Small Business, Entrepreneur Magazine, CNN, CNBC, MSNBC, FOX News and many others.

About Microsoft Office Live Small Business

Microsoft Office Live Small Business is the award-winning service that offers a complete, affordable set of easy-to-use Internet-based tools that help small business owners get online, attract customers and manage their businesses. Office Live Small Business has more than 1 million customers in five countries: U.S., U.K., France, Germany and Japan. More information is available at http://www.smallbusiness.officelive.com/.

About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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CONTACT: Emily Borders of Borders + Gratehouse, +1-415-963-4174,
emily@bordersgratehouse.com, for StartupNation; or Ana Tackett,
+1-425-638-7000, anat@waggeneredstrom.com, or Rapid Response Team,
+1-503-443-7070, rrt@waggeneredstrom.com, both of Waggener Edstrom Worldwide
for Microsoft

Web site: http://www.microsoft.com/
http://www.startupnation.com/

NICE Expands its Market Leading Interaction Analytics Platform With Packaged Business Solutions to Revolutionize how Organizations Improve Performance

RA'ANANA, Israel, August 20 /PRNewswire-FirstCall/ -- NICE Systems Ltd. , a leading global provider of advanced solutions that enable organizations to extract Insight from Interactions to drive performance today announced the availability of its Interaction Analytics Packaged Business Solutions offering to help organizations improve business performance and operational efficiency.

Michael Maoz, Research Vice President at leading analyst firm, Gartner Inc., commented, "A package of tailored business solutions that is based on analytics is essential if an enterprise is to retain customers. Namely, an understanding of the customer's intentions and analyzing the customer experience are often ignored as part of many CRM initiatives, but they cannot be avoided. Understanding and managing the customer's intentions, expectations and experience is the next generation in CRM. And providing such a package is a key element of achieving this goal."

The new NICE Interaction Analytics packaged business solutions provide organizations with an innovative approach and quick turnaround in tackling some of their most pressing business issues. These solutions offer highly valuable integration with the organization's existing business processes where organizations can automatically analyze customer interactions and perform root cause analysis identifying potential problems as well as deriving immediate insight into potential resolutions. The new business packages constitute end-to-end, out-of-the-box solutions that include comprehensive reports, dashboards, and workflows, that enable rapid deployment and provide an accelerated return on investment.

The first packages to be introduced by NICE are First Call Resolution Optimization, Average Handle Time Reduction, Decreasing Churn, and Improving Customer Satisfaction.

"We are excited to announce the availability of our new packaged solutions to our customers. The packages are based on extensive in-market field work with tier-1 global companies that have been using our Interaction Analytics solution to solve critical business challenges with great success," said Barak Eilam, President, Interaction Analytics at NICE.

About NICE Systems

NICE Systems is the leading provider of Insight from Interactions solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data - from telephony, web, email, radio, video, and other data sources. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 135 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com/

Trademark Note: Insight from Interactions(TM), 360degrees View(TM), Executive Connect(R), Executive Insight(TM)*, Freedom(R), Investigator(R), Mirra(R), Universe(R), My Universe(TM), NICE(R), NiceCall(R), NiceCall Focus(TM), NiceCLS(TM), NICE Learning(TM), eNiceLink(TM), NiceLog(R), Playback Organizer(TM), Renaissance(R), ScreenSense(TM), NiceScreen(TM), NICE SmartCenter(TM), NICE Storage Center(TM), NiceTrack(TM), NiceUniverse(R), NiceVision(R), NiceVision Analytics(TM), NiceVision ControlCenter(TM), NiceVision Digital(TM), NiceVision Harmony(TM), NiceVision Mobile(TM), NiceVision Net(TM), NiceVision Pro(TM), NiceVision NVSAT(TM), NiceVision Alto(TM), Scenario Replay(TM), Tienna(R), Wordnet(R), NICE Perform(R), NICE Inform(TM), NICE Analyzer(TM), Last Message Replay(TM), NiceUniverse Compact(TM), Customer Feedback(TM), Interaction Capture Unit(TM), Dispatcher Assessment(TM), Encoder(TM), Freedom Connect(R), FAST(R), FAST Alpha Silver(TM), FAST Alpha Blue(TM) and Alpha(R), Emvolve Performance Manager(TM), Performix Technologies(TM), IEX(R), TotalView(R) and other product names and services mentioned herein are trademarks and registered trademarks of NICE Systems Ltd. All other registered and unregistered trademarks are the property of their respective owners.

*in Australia only

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to changes in technology and market requirements, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel, loss of market share, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission.

Media Contact: Galit Belkind NICE Systems Galit.belkind@nice.com +1-877-245-7448 Investors Daphna Golden NICE Systems ir@nice.com +1-877-245-7449

NICE Systems Ltd.

CONTACT: Media Contact: Galit Belkind, NICE Systems,
Galit.belkind@nice.com, +1-877-245-7448; Investors Daphna Golden, NICE
Systems, ir@nice.com, +1-877-245-7449

RadioShack Corporation Names Phyllis Proffer Vice President - Investor Relations

FORT WORTH, Texas, Aug. 20 /PRNewswire-FirstCall/ -- RadioShack Corporation today announced that Phyllis Proffer has been named Vice President - Investor Relations. Proffer, who will oversee the company's investor relations function, earned her MBA from the Fuqua School of Business at Duke University in Durham, N.C. She most recently served as Vice President of Investor Relations and Corporate Communications of Longs Drug Stores Corporation in Walnut Creek, Calif.

About RadioShack Corporation

RadioShack Corporation is one of the nation's most experienced and trusted consumer electronics specialty retailers. Operating from convenient and comfortable neighborhood and mall locations, RadioShack stores deliver personalized product and service solutions within a few short minutes of where most Americans either live or work. The company has a presence through almost 6,000 company-operated stores and dealer outlets in the United States and nearly 700 wireless phone kiosks. RadioShack's dedicated force of knowledgeable and helpful sales associates has been consistently recognized by several independent groups as providing the best customer service in the consumer electronics and wireless industries. For more information on RadioShack Corporation, or to purchase items online, visit http://www.radioshack.com/.

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PRN Photo Desk, photodesk@prnewswire.com RadioShack Corporation

CONTACT: Charles Hodges, Director Media Relations of RadioShack
Corporation, +1-817-415-3300, Media.relations@radioshack.com

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

CareerBuilder.com Survey Shows How Astrology and Birth Order Factor Into Careers and Compensation

CHICAGO, Aug. 20 /PRNewswire/ -- Are middle children more likely to program computers or fight fires? Do Scorpios or Capricorns belong to a higher earning bracket? A new survey from CareerBuilder.com looks at profession, compensation and job satisfaction in relation to birth order and astrology sign. The survey of more than 8,700 workers was conducted nationwide across industries.

Birth Order Compensation

The survey found that a higher percentage of workers who were the first born in their families earned $100,000 or more annually compared to their siblings. The last born were the least likely to earn six figures. Comparing those who make $35,000 or less per year, more middle children identified themselves as part of this earning bracket.

Professions Workers Are More Likely Drawn to Than Their Siblings -- First Born -- government, engineering, pharmacy and science -- Middle Child -- nursing, law enforcement, fire-fighting and machine operation -- Last Born -- art/design, sales and information technology Job Level

Workers who were first born were more likely to report holding a vice president or senior management level position. Middle children were more likely to identify with professional/technical staff level positions while the last born were more likely to report holding administrative/clerical level positions.

Job Satisfaction

Middle children reported being the most satisfied with their current positions while the last born reported being the least satisfied.

Astrological Sign Compensation

Scorpio, Leo, Taurus and Cancer signs were among the most likely to earn $100,000 or more annually while Aquarius and Capricorn signs were among the most likely to earn $35,000 or less.

Professions That Draw Different Signs -- Aquarius -- sales, military, engineering, mechanic, food preparation, facilities management and transportation -- Pisces -- social work, personal care, IT, facilities management and mechanic -- Aries -- government, construction, hotel /recreation, IT, education and transportation -- Taurus -- nursing, engineering, attorney/judge, marketing/public relations and higher education -- Gemini -- art/design/architecture, nursing and personal care, sales, law enforcement, firefighter and machine operation -- Cancer -- government, legal services, advertising, higher education, machine operation, transportation and military -- Leo -- government, legal services, art/design/architecture, engineering, entertainment, real estate and education -- Virgo -- social work, sales, hotel/recreation, editing/writing and food preparation -- Libra -- social work, government, advertising, machine operation, law enforcement, firefighter, sales and education -- Scorpio -- legal services, engineering, science, education, construction and skilled trades -- Sagittarius -- editing/writing, marketing/public relations, entertainment, hotel/recreation, IT and military -- Capricorn -- art/design/architecture, nursing, science, IT, sales, farming and food preparation Job Satisfaction

Pisces, Sagittarius and Capricorn signs reported being the most satisfied with their current jobs while Gemini and Cancer signs reported being the least satisfied.

Survey Methodology

This survey was conducted online within the U.S. by Harris Interactive(R) on behalf of CareerBuilder.com among 8,785 US employees (employed full-time; not self-employed) between May 22 and June 13, 2008. Percentages for some questions are based on a subset of responses to certain questions. With a pure probability sample of 8,785 one could say with a 95 percent probability that the overall results have a sampling error of +/- 1.0 percentage points. Sampling error for data from sub-samples is higher and varies.

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 Jennifer Grasz 773-527-1164 Jennifer.Grasz@careerbuilder.com

CareerBuilder.com

CONTACT: Jennifer Grasz of CareerBuilder.com, +1-773-527-1164,
Jennifer.Grasz@careerbuilder.com

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

Motorola Powers the First WiMAX Network in East MalaysiaThe new wireless broadband network enables REDtone to quickly and cost- effectively expand its services in the region

KOTA KINABALU, Malaysia, Aug. 20 /PRNewswire-FirstCall/ -- Motorola, Inc. announced today that REDtone, Malaysia's leading alternative communications, multimedia innovator and service provider, has launched East Malaysia's first WiMAX broadband services, powered by Motorola technology. The first phase of the WiMAX network covers Kota Kinabalu business district, enabling high speed Internet access as well as data applications for enterprises.

In an effort to expand its broadband services offerings in East Malaysia, REDtone decided to establish a new network using WiMAX technology which ensures quick deployment at a lower cost compared to fixed line solutions. Motorola is working with REDtone to supply and deploy WiMAX 2.3GHz equipment at base sites and install customer premises equipment (CPE) to provide broadband services in major business districts in the first phase of the plan.

"The next generation wireless broadband network expands our service offerings. We are now able to meet our customers' growing demand for high speed Internet connection and advanced data applications," said Zainal Amanshah, group chief executive officer of REDtone International Berhad.

"We selected Motorola for this WiMAX project after a thorough evaluation and several field trials. Motorola has extensive WiMAX experience, its system is easy to set up and requires minimum installation footprint, which in the process helps reduce deployment time and lowers overall operational cost," Zainal added. "We are also impressed by Motorola's ability to provide advanced features like MIMO-B in a live system. These features will ensure a smooth network upgrade when we need to increase system capacity in the future."

"We are pleased to work with REDtone in the supply and deployment of a high performance, reliable and scalable WiMAX network for enhanced Internet services and advanced applications. The commercial launch of REDtone's WiMAX services reinforces our leadership in providing state-of-the-art WiMAX solutions to operators worldwide, enabling fixed and mobile WiMAX experience," said Eric Starnes, vice president, sales of Asia, Motorola Home & Networks Mobility. "With our expertise in media mobility, Motorola is confident of assisting REDtone in their long term planning of wireless broadband services."

Besides providing broadband services to enterprise customers, REDtone is also planning to work with service providers based in Sabah and Sarawak to provide broadband services to the general public. The lack of capacity is causing slow Internet connection during peak period. The new WiMAX network will bring additional bandwidth to the areas and improve overall user experiences, generating more business opportunities for REDtone and local service providers.

Motorola now has 21 contracts for commercial WiMAX networks in 17 countries around the world. For more information about Motorola wi4 WiMAX solutions, please visit: http://www.motorola.com/wimax.

About REDtone International Berhad

REDtone was listed on the Malaysian Exchange of Securities Dealing & Automated Quotations (MESDAQ) in January 2004. The Multimedia Super Corridor (MSC) status company aims to be a leading alternative communications and multimedia innovator and service provider in all the markets it serves. Its four core services are Data, Mobile, Voice (i.e. discounted calls) and Content.

REDtone has a lion's share of 35% of the discounted call market in Malaysia.

It has successfully replicated its proven discounted call business model in China, Pakistan and Singapore. The company is known for its in-house R & D capabilities and its home-grown technological innovations have won many awards in Malaysia and abroad.

More about REDtone available at http://www.redtone.com/ About Motorola

Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.

MOTOROLA and the stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.

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http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
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PRN Photo Desk, photodesk@prnewswire.com Motorola

CONTACT: Tham Mei Ling of Motorola Malaysia, +603 7800 7026,
meilingtham@motorola.com, or Cordia So of Motorola, Asia Pacific,
+852 2966 3840, cordia.so@motorola.com; or Walter Lee of Fleishman-Hillard
Hong Kong, +852 2111 3574, walter.lee@fleishman.com, for Motorola

Web site: http://www.motorola.com/
http://www.redtone.com/

Report on 2nd Quarter/1st Half of 2008: Sustained Growth - Wirecard Raises EBIT Forecast

GRASBRUNN, Germany, August 20 /PRNewswire/ -- In the second quarter and first half of 2008, Wirecard AG once again succeeded in recording a sustained level of growth in its operations.

Consolidated sales revenues were up by 59 percent in the second quarter of 2008, from EUR 29.9 million to EUR 47.4 million. Earnings before interest and taxes (EBIT) improved by 67 percent on the previous-year quarter, from 7.3 million to 12.2 million euros.

In the first six months of the financial year, Group sales revenues were up by 56 percent year-on-year, to 88.3 million euros, with earnings before interest and taxes (EBIT) increasing by 67 percent, to 22.2 million euros. The EBIT margin in the period under review amounted to 25.1 percent, up from 23.5 percent recorded a year earlier.

Consolidated after-tax earnings increased from 9.6 million euros by 96 percent, to 18.8 million euros. Earnings per share rose from EUR 0.12 to EUR 0.23.

All market trends of relevance to our further positive business development, ranging from outsourcing efforts on the part of companies all the way to relocating consumption from the offline to the online community, have proved to be stable. Accordingly, Wirecard AG does not expect a trend reversal, even if the general economic situation should change.

Dr. Markus Braun, CEO of Wirecard AG: "We expect the positive trend in our operating business to continue in the second half of the year."

As a result, the Board of Management has decided to raise its EBIT forecast from more than 45 percent to a range of 45 to 60 percent for fiscal 2008.

The half-year and quarterly reports for 2008 are available in PDF format for download with immediate effect from our website http://ir.wirecard.com under the heading "Financial reports".

Wirecard Media Contact:

About Wirecard AG:

Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, Wirecard supports over 9,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG provides account and credit card services both for business and private customers and is a Principal Member of VISA, MasterCard and JCB. The Internet payment service Wirecard enables consumers to make secure payments at millions of MasterCard acceptance outlets worldwide. In addition, registered users can send or receive money orders to each other on a real-time basis. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).

http://www.wirecard.com

http://www.wirecardbank.de

http://www.mywirecard.com

Wirecard AG Iris StÃ¶ckl Bretonischer Ring 4 D-85630 Grasbrunn / Munich Germany Ph: +49(0)89-4424-0424 Fax: +49(0)89-4424-0524 e-mail: iris.stoeckl@wirecard.com Internet: http://www.wirecard.com

Wirecard AG

Wirecard AG, Iris StÃ¶ckl, Bretonischer Ring 4, D-85630 Grasbrunn / Munich, Germany, Ph: +49(0)89-4424-0424, Fax: +49(0)89-4424-0524, e-mail: iris.stoeckl@wirecard.com

Elbit Systems' Subsidiary, Cyclone, to Supply Boeing F-15 Components, Valued at $31 Million

HAIFA, Israel, August 20 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. announced that its subsidiary, Cyclone Aviation Products Ltd. (Cyclone), has been awarded a contract by The Boeing Company valued at approx. US$31 million to supply structural components for its F-15 fighter jets.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )

The contract calls for the supply of external fuel tanks, pylons, horizontal stabilizers and gun access doors. Deliveries are scheduled between 2009 and 2011.

Yoram Shmuely, Co-General Manager of Elbit Systems Aerospace Division said: "We are proud to be selected by Boeing to supply key elements for the F15. This contract win reflects the trust and recognition we have established among major aviation manufacturers such as Boeing."

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation:scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others;differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.

Contacts: Company Contact: IR Contact: Joseph Gaspar, Executive VP & CFO Ehud Helft / Kenny Green Dalia Rosen, Head of Corporate Communications G.K. Investor Relations Elbit Systems Ltd Tel: 1-646-201-9246 Tel: +972-4-8316663 E-mail: info@gkir.com Fax: +972-4-8316944 E-mail: gspr@elbit.co.il daliarosen@elbit.co.il

Photo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 Elbit Systems Ltd

CONTACT: Company Contact: Joseph Gaspar, Executive VP & CFO, Dalia
Rosen, Head of Corporate Communications, Elbit Systems Ltd, Tel:
+972-4-8316663, Fax: +972-4-8316944, E-mail: gspr@elbit.co.il,
daliarosen@elbit.co.il; IR Contact: Ehud Helft / Kenny Green, G.K. Investor
Relations, Tel: +1-646-201-9246, E-mail: info@gkir.com

Tower Semiconductor Reports Second Quarter 2008 Financial ResultsAchieves Second Highest Quarterly Revenue in the Company's History of $58.1 MillionSigned a Memorandum of Understanding to Reduce Debt by $250 Million and Significantly Improve Balance Sheet and Financial Position

MIGDAL HAEMEK, Israel, August 20 /PRNewswire-FirstCall/ -- Tower Semiconductor Ltd. , an independent specialty foundry, today announced financial results for the second quarter ended June 30, 2008.

Highlights - Achieved revenue of $58.1 million, compared to $57.6 million in the prior quarter and $57.1 million in the same period one year ago - Recorded positive cash flow from operations for the seventh consecutive quarter and positive EBITDA for the eleventh consecutive quarter - Decreased net loss in the first six months of 2008 by $13 million year-over-year - Signed a Memorandum of Understanding to significantly improve balance sheet and financial position, by lowering debt $250 million and increasing shareholders equity by a similar amount - Announced a definitive agreement to acquire Jazz Technologies - Initiated cost reduction plan expected to result in approximately $40 million of savings annually - Announced customer engagements and production ramps, including those with ON Semiconductor, QuickLogic, Cypress Semiconductor and Panavision Imaging

Revenue for the second quarter of 2008 was $58.1 million, which was slightly above the mid-point of the company's previously stated guidance range. This compares to revenue of $57.1 million in the second quarter of 2007 and $57.6 million in the prior quarter.

Second quarter 2008 non-GAAP gross profit and operating profit, as described and reconciled below, totaled $20.5 million and $11.6 million, respectively, representing 35 percent gross margin and 20 percent operating margin. Calculated in accordance with Generally Accepted Accounting Principles (GAAP), net loss for the second quarter was $31.3 million, or $0.25 per share, an improvement of $2.8 million when compared to $34.1 million, or $0.28 per share, for the same period in 2007.

Russell Ellwanger, Tower's chief executive officer, stated "Over the past few years, Tower has substantially improved its revenue and operational results as evidenced by becoming the number one revenue growth foundry for 2007 over 2005. Today's announcement of a memorandum of understanding signed with our banks and Israel Corporation provides a much stronger corporate capital structure from which we can continue this momentum. We expect that these financial improvements combined with the expected closing of the Jazz merger will maintain our growth trajectory, while substantially improving EBITDA and cash generation in the course of transitioning into the worldwide leading specialty foundry."

"The response from both the Jazz and Tower customers with regard to the combined product platform offerings and roadmaps has been overwhelmingly positive, and we have begun to leverage the cross-selling opportunities through joint meetings with customers of both companies. Integration efforts are well underway in anticipation of the completion of the transaction by the end of this quarter. We have established an inter-company cross-functional team tasked with ensuring a seamless transition, and we expect to realize approximately $40 million in annual cost savings from the Jazz merger."

As previously disclosed, Tower announced a definitive agreement to acquire Jazz Technologies, which will create a leading specialty pure-play foundry with trailing twelve month revenues of approximately $440 million. Additionally, the merger will significantly increase the Company's scale, providing the opportunity for substantial growth in revenue, cash flow and operating results. The proposed transaction is subject to approval by Jazz's shareholders and other customary closing conditions. Jazz announced that August 8, 2008 will serve as the record date for a special meeting of shareholders, which will be convened on September 17, 2008 to vote on, adopt and approve the proposed transaction, with the closing of the transaction expected to occur prior to the end of the third quarter of 2008.

Second Quarter 2008 Financial Results Conference Call and Web Cast

Tower will host a conference call to discuss these results today, August 20, 2008, at 10:00 a.m. Eastern Time (ET) / 5:00 p.m. Israel time. To participate, please call: 1-888-668-9141 (U.S. toll-free number) or 972-3-918-0691 (international) and mention ID code: TOWER. Callers in Israel are invited to call locally by dialing 03-918-0691. The conference call will also be Web cast live at http://www.earnings.com/ and at http://www.towersemi.com/ and will be available thereafter on both Web sites for replay for 90 days, starting at approximately 2 p.m. ET on the day of the call.

As previously announced, beginning with the fourth quarter of 2007, the Company presents its financial statements in accordance with U.S. GAAP. All historical amounts presented in this release, including the financial tables below, were recast to reflect the application of U.S. GAAP.

As used in this release, the term Earnings Before Interest Tax Depreciation and Amortization (EBITDA) consists of loss, according to U.S. GAAP, excluding interest and financing expenses (net), tax, depreciation and amortization and stock based compensation expenses. EBITDA is not a required GAAP financial measure and may not be comparable to a similarly titled measure employed by other companies. EBITDA should not be considered in isolation or as a substitute for operating income, net income or loss, cash flows provided by operating, investing and financing activities, or other income or cash flow statement data prepared in accordance with GAAP.

This release, including the financial tables below, presents other financial information that may be considered "non-GAAP financial measures" under Regulation G and related reporting requirements promulgated by the Securities and Exchange Commission as they apply to our company. These non-GAAP financial measures exclude (1) depreciation and amortization expenses and (2) compensation expenses in respect of options granted to directors, officers and employees. Non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, GAAP financial measures. The tables also present the GAAP financial measures, which are most comparable to the non-GAAP financial measures as well a reconciliation between the non-GAAP financial measures and the most comparable GAAP financial measures. The non-GAAP financial information presented herein should not be considered in isolation from or as a substitute for operating income, net income or loss, cash flows provided by operating, investing and financing activities, or other income or cash flow statement data prepared in accordance with GAAP.

About Tower Semiconductor Ltd.

Tower Semiconductor Ltd. is an independent specialty foundry that delivers customized solutions in a variety of advanced CMOS technologies, including digital CMOS, mixed-signal and RF (radio frequency) CMOS, CMOS image sensors, power management devices, and embedded non-volatile memory solutions. Tower's customer orientation is complemented by its uncompromising attention to quality and service. Its specialized processes and engineering expertise provides highly flexible, customized manufacturing solutions to fulfill the increasing variety of customer needs worldwide. Offering two world-class manufacturing facilities with standard and specialized process technologies ranging from 1.0- to 0.13-micron, Tower Semiconductor provides exceptional design support and technical services to help customers sustain long-term, reliable product performance, while delivering on-time and on-budget results. More information can be found at http://www.towersemi.com/.

Forward Looking Statements

This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. Potential risks and uncertainties include, without limitation, risks and uncertainties associated with: (i) the completion of the equipment installation, technology transfer and ramp-up of production in Fab 2 and raising the funds therefore, (ii) the cyclical nature of the semiconductor industry and the resulting periodic overcapacity, fluctuations in operating results, future average selling price erosion, (iii) having sufficient funds to satisfy our short-term and long-term debt obligations and other liabilities, (iv) operating our facilities at high utilization rates which is critical in order to defray the high level of fixed costs associated with operating a foundry and reduce our losses, (v) our ability to satisfy the covenants stipulated in our amended credit facility agreement, (vi) our ability to capitalize on increases in demand for foundry services, (vii) meeting the conditions to receive Israeli government grants and tax benefits approved for Fab2, the possibility of the government requiring us to repay all or a portion of the grants already received and obtaining the approval of the Israeli Investment Center for a new expansion program, (viii) our ability to accurately forecast financial performance, which is affected by limited order backlog and lengthy sales cycles, (ix) maintaining existing customers and attracting additional customers, (x) not receiving orders from our wafer partners and customers, which can result in excess capacity, (xi) our dependence on a relatively small number of products for a significant portion of our revenue, (xii) product returns, (xiii) our ability to maintain and develop our technology processes and services to keep pace with new technology, evolving standards, changing customer and end-user requirements, new product introductions and short product life cycles, (xiv) competing effectively, (xv) our large amount of debt and our ability to repay our short-term and long-term debt on a timely basis, (xvi) achieving acceptable device yields, product performance and delivery times, (xvii) our ability to manufacture products on a timely basis and to purchase the equipment to increase Fab2 capacity up to 30,000 wafers per month and timely installation thereof, (xviii) our dependence on intellectual property rights of others and our ability to operate our business without infringing others' intellectual property rights, (xix) exposure to inflation, currency exchange and interest rate fluctuations and risks associated with doing business internationally and in Israel, (xx) the closing of the definitive agreement to acquire all of the outstanding shares of Jazz, subject to the approval of Jazz's shareholders and other customary closing conditions, (xxi) the closing of the definitive agreement with the lender banks, Bank Hapoalim and Bank Leumi, and Israel Corporation for the debt restructuring and investment and (xxi) business interruption due to fire, the security situation in Israel and other events beyond our control.

A more complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect our business is included under the heading "Risk Factors" in our most recent filings on Forms 20-F, F-3 and 6-K, as were filed with the Securities and Exchange Commission and the Israel Securities Authority. Future results may differ materially from those previously reported. The Company does not intend to update, and expressly disclaims any obligation to update, the information contained in this release.

TOWER SEMICONDUCTOR LTD. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS (dollars in thousands) June 30, December 31, --------- ----------- 2008 2007 ---- ---- unaudited --------- ASSETS CURRENT ASSETS Cash and cash equivalents $ 19,833 $ 44,536 Trade accounts receivable 34,286 44,977 Other receivables 4,428 4,748 Inventories 37,432 27,806 Other current assets 1,017 1,580 -------- -------- Total current assets 96,996 123,647 -------- -------- LONG-TERM INVESTMENTS 16,767 15,093 -------- -------- PROPERTY AND EQUIPMENT, NET 510,640 502,287 -------- -------- INTANGIBLE ASSETS, NET 29,081 34,711 -------- -------- OTHER ASSETS, NET 11,521 11,044 -------- -------- -------- -------- TOTAL ASSETS $ 665,005 $ 686,782 -------- -------- LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Current maturities of convertible debenture $ 9,237 $ 7,887 Trade accounts payable 50,235 49,025 Deferred revenue 8,182 -- Other current liabilities 22,799 20,024 -------- -------- Total current liabilities 90,453 76,936 LONG-TERM DEBT FROM BANKS 386,336 379,314 DEBENTURES 120,048 117,460 LONG-TERM CUSTOMERS' ADVANCES 14,360 27,983 OTHER LONG-TERM LIABILITIES 57,648 40,380 -------- -------- Total liabilities 668,845 642,073 -------- -------- SHAREHOLDERS' EQUITY (DEFICIT) (3,840) 44,709 -------- -------- -------- -------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 665,005 $ 686,782 -------- -------- TOWER SEMICONDUCTOR LTD. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (dollars in thousands, except share data and per share data) Six months ended Three months ended June 30, June 30, ---------------------------- ------------------------- 2008 2007 2006 2008 2007 2006 ---------------------------- ------------------------- GAAP GAAP GAAP GAAP GAAP GAAP ---------------------------- ------------------------- REVENUES $ 115,679 $ 112,666 $ 80,430 $ 58,072 $ 57,062 $ 44,555 COST OF SALES 139,307 142,931 126,492 71,052 71,412 65,161 ------- ------- ------- ------- ------- ------- GROSS LOSS (23,628) (30,265) (46,062) (12,980) (14,350) (20,606) ------- ------- ------- ------- ------- ------- OPERATING COSTS AND EXPENSES Research and development 6,190 6,979 6,962 3,214 3,370 3,583 Marketing, general and administrative 14,957 15,713 11,511 7,189 7,636 5,662 ------- ------- ------- ------- ------- ------- 21,147 22,692 18,473 10,403 11,006 9,245 ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- OPERATING LOSS (44,775) (52,957) (64,535) (23,383) (25,356) (29,851) FINANCING EXPENSE, NET (15,611) (21,414) (23,781) (7,811) (8,704) (17,719) OTHER INCOME (EXPENSE), NET (529) 73 591 (101) 4 40 ------- ------- ------- ------- ------- ------- LOSS FOR THE PERIOD $ (60,915) $(74,298) $(87,725) $(31,295) $(34,056) $(47,530) ------- ------- ------- ------- ------- ------- BASIC LOSS PER ORDINARY SHARE Loss per share $ (0.49) $ (0.65) $ (1.16) $ (0.25) $ (0.28) $ (0.60) ------- ------- ------- ------- ------- ------- Weighted average number of ordinary shares outstanding - in thousands 124,777 113,584 75,313 125,327 122,014 78,716 ------- ------- ------- ------- ------- ------- TOWER SEMICONDUCTOR LTD. AND SUBSIDIARY RECONCILIATION OF REPORTED GAAP TO NON-GAAP CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (dollars in thousands) Six months ended Three months ended June 30, 2008 June 30, 2008 ----------------------------- ---------------------------- Depreciation, Depreciation, Amortization Amortization and and stock based stock based compensation compensation expenses expenses non-GAAP (see a, b, c GAAP non-GAAP (see a, b, c GAAP below) below) ----------------------------- ---------------------------- REVENUES $ 115,679 $ -- $ 115,679 $ 58,072 $ -- $ 58,072 COST OF SALES 74,173 65,134 (a) 139,307 37,523 33,529 (a) 71,052 ------ ------ ------- ------ ------ ------ GROSS PROFIT (LOSS) 41,506 (65,134) (23,628) 20,549 (33,529) (12,980) ------ ------ ------- ------ ------ ------ OPERATING COSTS AND EXPENSES Research and development 5,738 452 (b) 6,190 2,994 220 (b) 3,214 Marketing, general& adminis- trative 12,163 2,794 (c) 14,957 5,994 1,195 (c) 7,189 ------ ------ ------- ------ ------ ------ 17,901 3,246 21,147 8,988 1,415 10,403 ------ ------ ------- ------ ------ ------ ------ ------ ------- ------ ------ ------ OPERATING PROFIT (LOSS) $23,605 $(68,380) $(44,775) $11,561 $(34,944) $(23,383) ------ ------ ------- ------ ------ ------

(a) Includes depreciation and amortization expenses in the amounts of $64,592 and $33,264 and stock based compensation expenses in the amounts of $542 and $265 for the six and three months periods ended June 30, 2008, respectively.

(b) Includes depreciation and amortization expenses in the amounts of $122 and $64 and stock based compensation expenses in the amounts of $330 and $156 for the six and three months periods ended June 30, 2008, respectively.

(c) Includes depreciation and amortization expenses in the amounts of $29 and $13 and stock based compensation expenses in the amounts of $2,765 and $1,182 for the six and three months periods ended June 30, 2008, respectively.

Contact: Tower Semiconductor Limor Asif, +972-4-650 6936 Limoras@towersemi.com or: Shelton Group Ryan Bright, +972-239-5119 ext. 159 rbright@sheltongroup.com

Tower Semiconductor Ltd

CONTACT: Contact: Tower Semiconductor , Limor Asif, +972-4-650 6936,
Limoras@towersemi.com or: Shelton Group, Ryan Bright, +972-239-5119 ext. 159,
rbright@sheltongroup.com

Tower Semiconductor Signs Memorandum of Understanding to Significantly Improve Its Balance Sheet and Financial PositionWill Reduce Debt by $250 Million, Increase Shareholders' Equity by $250 Million and Improve Future Cash Flow and Financial Results

MIGDAL HAEMEK, Israel, August 20 /PRNewswire-FirstCall/ -- Tower Semiconductor Ltd. , a pure-play independent specialty foundry, today announced that it has signed a memorandum of understanding (MOU) with its lender banks and with Israel Corporation for the restructuring of the Company's debt, which also includes a commitment by Israel Corp. for an additional investment in the Company.

According to the MOU, $250 million of Tower's debt to its banks, Bank Leumi and Bank Hapoalim and Israel Corp., will be converted into equity capital notes of the Company, exercisable into ordinary shares on the basis of $1.42 per share. This represents two times the average closing price per share on NASDAQ for the ten trading days prior to August 7, 2008, which was the date of the Company's public announcement regarding its debt restructuring negotiations with the banks and Israel Corp. The conversion of the debt into equity capital notes reduces Tower's debt by approximately $250 million, increases its shareholders' equity by approximately $250 million, as well as improves its cash flow margins, statement of operations results and financial position.

Also under the MOU, Israel Corp. will invest $20 million in Tower in exchange for 28,169,014 equity capital notes of the Company, exercisable into ordinary shares of the Company based on the average closing price per share on NASDAQ for the ten trading days prior to August 7, 2008. Furthermore, Israel Corp. committed to invest up to an additional $20 million by the end of 2009, in the event the Company has not raised such amount by the end of 2009 and subject to certain other conditions. In consideration for such investment, Israel Corp. will receive an amount of equity capital notes of the Company, exercisable into ordinary shares of the Company, based on the lower of: (i) the average closing price per share on NASDAQ for the last ten trading days prior to the date on which the investment is made, or (ii) the average closing price per share used for the $20 million initial investment mentioned above.

In addition, the MOU postpones repayment of the remaining principal, defers interest payments, modifies the interest rate and waives financial covenants as follows: (i) the repayment of the remaining principal of the loans is postponed to begin in September 2010; (ii) interest payments originally due September 2008 through June 2009 are postponed and are added to the principal payments, which are scheduled to begin in September 2010; (iii) the interest rate on the remaining bank debt will be LIBOR plus 2.5 percent per annum; and (iv) the banks waived in full the Company's compliance with financial covenants through the end of 2008.

Russell Ellwanger, Tower's chief executive officer, said, "The debt restructuring based on twice the market price will significantly improve our balance sheet, increase our shareholders' equity, improve our position as a much stronger competitor in the industry and provide a strong base to build upon with the anticipated closing of the merger with Jazz Technologies. Israel Corporation, under the leadership of its chairman Idan Ofer, continued to show its strong belief in Tower, as well as in our dedicated and professional employees and in the Company's strategy and growth prospects through its additional investment in Tower and in having been the catalyst for the bank debt restructure. The resulting capital structure will serve as an excellent springboard into the future."

The terms of the MOU, excluding the postponed interest payments and the financial covenants' waiver which are definitive terms, are subject to, among other conditions, the signing of definitive documentation and the receipt of certain approvals.

About Tower Semiconductor Ltd.

Tower Semiconductor Ltd. is an independent specialty foundry that delivers customized solutions in a variety of advanced CMOS technologies, including digital CMOS, mixed-signal and RF (radio frequency) CMOS, CMOS image sensors, power management devices, and embedded non-volatile memory solutions. Tower's customer orientation is complemented by its uncompromising attention to quality and service. Its specialized processes and engineering expertise provides highly flexible, customized manufacturing solutions to fulfil the increasing variety of customer needs worldwide. Boasting two world-class manufacturing facilities with standard and specialized process technologies ranging from 1.0- to 0.13-micron, Tower Semiconductor provides exceptional design support and technical services to help customers sustain long-term, reliable product performance, while delivering on-time and on-budget results. More information can be found at http://www.towersemi.com/.

Forward Looking Statements

This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. Potential risks and uncertainties include, without limitation, risks and uncertainties associated with: (i) the completion of the equipment installation, technology transfer and ramp-up of production in Fab 2 and raising the funds therefore, (ii) the cyclical nature of the semiconductor industry and the resulting periodic overcapacity, fluctuations in operating results, future average selling price erosion, (iii) having sufficient funds to satisfy our short-term and long-term debt obligations and other liabilities, (iv) operating our facilities at high utilization rates which is critical in order to defray the high level of fixed costs associated with operating a foundry and reduce our losses, (v) our ability to satisfy the covenants stipulated in our amended credit facility agreement, (vi) our ability to capitalize on increases in demand for foundry services, (vii) meeting the conditions to receive Israeli government grants and tax benefits approved for Fab2, the possibility of the government requiring us to repay all or a portion of the grants already received and obtaining the approval of the Israeli Investment Center for a new expansion program, (viii) our ability to accurately forecast financial performance, which is affected by limited order backlog and lengthy sales cycles, (ix) maintaining existing customers and attracting additional customers, (x) not receiving orders from our wafer partners and customers, which can result in excess capacity, (xi) our dependence on a relatively small number of products for a significant portion of our revenue, (xii) product returns, (xiii) our ability to maintain and develop our technology processes and services to keep pace with new technology, evolving standards, changing customer and end-user requirements, new product introductions and short product life cycles, (xiv) competing effectively, (xv) our large amount of debt and our ability to repay our short-term and long-term debt on a timely basis, (xvi) achieving acceptable device yields, product performance and delivery times, (xvii) our ability to manufacture products on a timely basis and to purchase the equipment to increase Fab2 capacity up to 30,000 wafers per month and timely installation thereof, (xviii) our dependence on intellectual property rights of others and our ability to operate our business without infringing others' intellectual property rights, (xix) exposure to inflation, currency exchange and interest rate fluctuations and risks associated with doing business internationally and in Israel, (xx) the closing of the definitive agreement to acquire all of the outstanding shares of Jazz, subject to the approval of Jazz's shareholders and other customary closing conditions, (xxi) the closing of the definitive agreement with the lender banks, Bank Hapoalim and Bank Leumi, and Israel Corporation for the debt restructuring and investment and (xxii) business interruption due to fire, the security situation in Israel and other events beyond our control.

A more complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect our business is included under the heading "Risk Factors" in our most recent filings on Forms 20-F, F-4, F-3 and 6-K, as were filed with the Securities and Exchange Commission and the Israel Securities Authority. Future results may differ materially from those previously reported. The Company does not intend to update, and expressly disclaims any obligation to update, the information contained in this release.

Contact: Tower Semiconductor Limor Asif, +972-4-650-6936 Limoras@towersemi.com or: Shelton Group Ryan Bright, +972-239-5119 ext. 159 rbright@sheltongroup.com

Tower Semiconductor Ltd

CONTACT: Contact: Tower Semiconductor, Limor Asif, +972-4-650-6936,
Limoras@towersemi.com or: Shelton Group, Ryan Bright, +972-239-5119 ext. 159,
rbright@sheltongroup.com

Spirit Airlines, America's Ultra Low Cost Carrier, Selects GuestLogix to Increase On-board Retail Sales and Attack Higher Fuel Prices

TORONTO, Canada, August 20 /PRNewswire/ -- GuestLogix Inc. ("GuestLogix") (TSX-V:GXI), the leading provider of on-board retail technology and solutions to the airline industry, today announced that Spirit Airlines Inc. ("Spirit"), the largest ultra low-cost carrier in the United States, Latin America and the Caribbean, will be deploying GuestLogix' Mobile Virtual Store(TM) on its domestic and international flights. The selection was made following Spirit's recent aggressive move to remain focused on growing non-ticket revenue and adding customer value in the face of escalating fuel prices.

"Adding value rather than substantially raising fares is paramount to our business model," said Spirit CEO Ben Baldanza. "We are in a better position than any other carrier in the America's to succeed in this volatile environment, and with the GuestLogix solution we can readily adapt our on-board operations to introduce new products and services to secure new revenues and enhance the travel experience for our passengers."

The Spirit deal potentially adds another five million passenger trips annually to GuestLogix' industry leading on-board retail platform, which includes wireless handheld POS devices and integrated software services. Airline operators simply pay for the platform access on a per transaction fee basis.

"We are delighted about this deal with Spirit, as it further demonstrates that airlines are recognizing on-board retail innovation as a key opportunity to drive new profitable revenue streams in the face of rising operating costs," said Tom Douramakos, President and CEO at GuestLogix. "Spirit's decision to implement our Mobile Virtual Store is a testament to the benefits of our platform, specifically its ability to enhance Spirit's in-flight customer service while also strengthening the company's bottom-line results."

The GuestLogix Mobile Virtual Store(TM) enables airlines to become smart and profitable on-board retailers. It optimizes planning and forecasting, facilitates on-board sales transactions and provides rapid intelligence to on-board retail trends to support merchandising, promotions, and logistics. The solution takes all forms of payment, including cash (in multiple currencies), credit cards, loyalty cards, stored value cards, vouchers and coupon sales.

About Spirit Airlines

Spirit Airlines, Inc. (www.spiritair.com) is the largest Ultra Low Cost Carrier (ULCC) in the United States, Latin America and Caribbean. Its all-Airbus fleet, the youngest in the Americas, flies more than 200 daily flights to 43 destinations. The company is based in Miramar, Florida, and employs 2,300 professionals.

About GuestLogix

GuestLogix (www.guestlogix.com) is the leading provider of on-board retail technology and solutions to the passenger travel industry. Through its proprietary Mobile Virtual Store(TM) platform, the Company provides air, rail and ferry operators the tools and products to become successful on-board retailers, enhance service and drive ancillary revenue growth. With a customer base consisting of world leading airlines such as American Airlines, Delta Air Lines, Ryanair, Germanwings and Alaska Airlines, GuestLogix maintains agreements to serve more than a half billion passenger trips annually.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on July 14, 2008 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

For further information: Media/Analyst: Josef Zankowicz, VP Marketing & Communications, GuestLogix, +1-647-500-1563, josefz@guestlogix.com; Misty Pinson, Corporate Communications, Spirit Airlines, +1-954-918-9432, misty.pinson@spiritair.com; Investor: Kristen Dickson, Equicom Group, +1-416- 476-7814, kdickson@equicomgroup.com

GuestLogix Inc.

ViewCast Niagara Pro Powers Streaming of Premium Sports and News for Leading UK Broadcaster

PLANO, Texas, August 20 /PRNewswire/ --

ViewCast(R) Corporation (OTC Bulletin Board: VCST) today announced that the BBC is using Niagara(R) Pro streaming encoders to power live streaming of prestige sporting events and news on the corporation's Website. Fourteen Niagara Pros have been installed to provide a range of services including coverage of the Beijing Olympics, and 24/7 streaming of news programming.

"The BBC's award-winning Website is a leader for delivering quality content over the Internet," said Gary J. Klembara, ViewCast's senior vice president of sales. "We are proud to be the supplier of the encoders driving the site's live video streaming of important news services and sporting events of such worldwide significance."

The Niagara Pro installation provided the platform for an upgrade of the corporation's existing services that was completed in time for the main summer sporting events, including the Euro 2008 soccer tournament, and the Wimbledon tennis championships. Content is streamed in Flash(R) format, in 16:9 ratio.

"By working together with the BBC we have been able to show the versatility of the ViewCast Niagara Pro that has made it the first choice for professional Web streaming," said Malcolm Harland, Director of Garland Partners, streaming media solutions specialists.

The Niagara Pro is a professional rack-mountable streaming media appliance designed for high-quality, high-resolution video capturing and streaming. This dual-channel encoder is designed for enterprise IT professionals, professional studios, broadcasters, cable head-ends, ISPs, and a plethora of other professional needs. The Niagara Pro is ideal for Internet TV, Webcasting, streaming training videos, and as a high-performance solution for video capture to file for archiving, as well as repurposing video for Internet and Intranet distribution.

To learn more about video streaming solutions from ViewCast, visit http://www.viewcast.com.

About Garland Partners Limited

Garland Partners Limited (GPL) is an expanding U.K. company working with several leading suppliers of digital video streaming and IPTV solutions to deliver professional end-to-end systems for many applications including internet TV, mobile TV, IPTV, and broadcast services. The company focuses on meeting customers' system requirements, providing a full package of technical and commercial support with the best available products. Customers range in size and application, and GPL's strength is its flexibility in matching the right technology to client needs. For more information, visit GPL at http://www.gpl-uk.co.uk.

About ViewCast Corporation

ViewCast designs, manufactures and markets industry leading hardware and software solutions that enable users to capture, encode audio/video content for live video streaming and video-on-demand (VOD) delivery over IP and mobile networks. ViewCast products include the Niagara(R) Pro and portable Niagara GoStream(R) families -- all powered by renowned Osprey(R) video capture technology. ViewCast's software, including Niagara SCX(R), Niagara SCX SDK and Osprey SimulStream(R) provides remote system management, and enables Osprey and Niagara hardware to configure multiple, simultaneous multi-format, multi-bitrate, multi-resolution video streams. This array of tools empowers broadcasters, businesses, network service providers and government to expand their audience in the digital media market place. http://www.viewcast.com

ViewCast(R), Osprey(R), Niagara(R), Niagara SCX(R), GoStream(R), SimulStream(R), and EZStream(R) are trademarks or registered trademarks of ViewCast Corporation or its subsidiaries. All other trademarks appearing herein are the property of their respective owners.

ViewCast Contact: Jeff Kopang Vice President of Marketing Tel: +1-972-488-7200 E-mail: jeffk@viewcast.com PR Agency Contact: David Netz Wall Street Communications Tel: +1-303-329-0359 E-mail: dave@wallstcom.com Investor Contact: Dan Matsui Allen & Caron Tel: +1-949-474-4300 E-mail: d.matsui@allencaron.com Web site: http://www.viewcast.com http://www.gpl-uk.co.uk

ViewCast Corporation

Jeff Kopang, Vice President of Marketing of ViewCast Corporation, +1-972-488-7200, jeffk@viewcast.com; or David Netz of Wall Street Communications, +1-303-329-0359, dave@wallstcom.com; or Dan Matsui of Allen & Caron, +1-949-474-4300, d.matsui@allencaron.com, both for ViewCast Corporation

Transform With Microsoft's New SideWinder X6 Keyboard; Industry's First Switchable Key Pad Moves From Work to PlaySideWinder line expands with first-ever keyboard and new SideWinder X5 Mouse.

LEIPZIG, Germany, Aug. 20 /PRNewswire-FirstCall/ -- Today at the Games Convention in Leipzig, Germany, Microsoft Hardware debuted the SideWinder X6 Keyboard -- the most versatile gaming keyboard on the market with the first-ever switchable key pad that can be attached to the left or right side of the keyboard for ultimate flexibility. To round out the SideWinder line, the Hardware team is also announcing the SideWinder X5 Mouse, a fast, powerful gaming mouse designed to give mainstream gamers a competitive edge.

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

The switchable key pad makes the SideWinder X6 Keyboard ideal for gaming as well as productivity, as the key pad functions as a standard num pad in normal keyboard mode, but becomes a programmable macro pad in game mode. Complementing the unique versatility of the keyboard are features specifically designed for gaming, including the capacity to store up to 90 macros per game and backlighting that helps users get immersed in the game.

"We know that consumers don't want to pull out and set up a second keyboard for a gaming session, so we created a device that was perfect for both gaming and regular computer use," said Kevin Flick, user researcher for Microsoft Hardware. "With the switchable key pad, gamers will have a fantastic, customizable experience whether they're playing their favorite game or creating Microsoft Office PowerPoint presentations."

Powerful Versatility

The SideWinder X6 Keyboard's switchable key pad allows gamers to program up to 90 macros per game with the help of a set of dedicated macro keys as well as a fully programmable key pad. With mode switching, gamers can instantly go from Microsoft Office Excel to their favorite game -- and place the macro pad on whichever side they prefer for gaming. The X6 also offers the following features to take advantage of its adaptability:

-- Mode switching lets gamers manually toggle the keyboard from standard mode to either of two gaming modes. LEDs show the selected mode.

-- Automatic profile switching detects the application that is running and applies the custom profile.

Designed for Gaming

The SideWinder X6 Keyboard is more than a standard keyboard with a few extra bells and whistles -- it was built from the ground up with gamers in mind, to give them an edge up on their competition. To complement its versatility, the keyboard has the following additional features to produce the ultimate gaming package:

-- New Cruise Control feature continues an action without having to hold down the key or keys assigned to the action. Gamers can use Cruise Control with up to four keys at a time.(1)

-- In-game macro record button lets gamers record any sequence of keystrokes -- even standard chat messages. Macros are stored on the PC hard drive and can be easily shared.

-- WASD gaming keys, the most commonly used keys for gamers, have front-face lighting for enhanced visibility.

-- Quick-Launch key gives one-touch access to Windows Vista Games Explorer, allowing gamers to quickly see the games in their PC's game library.(2)

Get Immersed

Gamers enjoy a heightened experience when adsorbed in the gaming world. Research shows many gamers like to dim the lights, and the X6's two-color adjustable backlighting helps set the mood to achieve total immersion. The red backlighting indicates standard keys that are not programmable, while the amber color indicates custom-programmable macro keys in game mode that can be tuned to the gamers' preference. The X6 also includes full media keys and volume and backlighting control dials to fine-tune the gaming experience.

SideWinder X5 Mouse

Today, Microsoft also announced the SideWinder X5 Mouse, a fast, powerful gaming mouse designed to give mainstream gamers a competitive edge. The nine-button gaming mouse is designed for handling with vertical side buttons, adjustable sensitivity switching up to 2,000 DPI, five customizable buttons, and a Quick-Launch button that instantly launches the Windows Vista Games Explorer.

SideWinder: It's Only the Beginning

The SideWinder X6 Keyboard is the first keyboard to join the popular SideWinder family of gaming products. Established in 1995 and revived in 2007, the SideWinder line is known for its top-notch PC gaming peripherals, including mice, game pads, joysticks and steering wheels.

Pricing and Availability

The SideWinder X6 Keyboard and SideWinder X5 Mouse will be widely available in September 2008 for an estimated retail price of $79.95 (U.S.) and $59.95 (U.S.), respectively.(3) The products are available now for pre-sale on Amazon.com and will ship in September when they are widely released. The SideWinder X6 Keyboard and SideWinder X5 Mouse will be backed by a worldwide three-year limited hardware warranty from Microsoft Corp. More information about these and other Microsoft Hardware products can be found at http://www.microsoft.com/hardware.

About Microsoft Hardware

For more than 25 years, the Hardware Group has employed innovative engineering, cutting-edge industrial design and extensive usability testing to create products of exceptional quality and durability that enhance the software experience and strengthen the connection between consumers and their PC. Microsoft Hardware leads the industry in ergonomic engineering, industrial design and hardware/software compatibility, offering consumers an easier, more convenient and more enjoyable computing experience. Microsoft IntelliMouse Explorer, which launched in 1999, earned a place on PCWorld.com's December 2005 list of "The 50 Greatest Gadgets of the Past 50 Years" as the first mainstream optical mouse that "brought gunk-free pointing devices" to a broad consumer base. More information about the Hardware Group is available at http://www.mshardwareguide.com/.

About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

(1) Cruise Control does not work with programmable macro keys. (2) The Quick-Launch button will open IntelliType keyboard or IntelliPoint mouse software when using Windows XP. (3) Actual retail prices may vary.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Brittany Turner, +1-206-223-1606, brittany.turner@edelman.com,
or Kerry Rickert, +1-206-223-1606, kerry.rickert@edelman.com, both of Edelman
for Microsoft Corp.

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

ViewCast Niagara Pro Powers Streaming of Premium Sports and News for Leading UK Broadcaster

PLANO, Texas, Aug. 20 /PRNewswire-FirstCall/ -- ViewCast(R) Corporation (BULLETIN BOARD: VCST) today announced that the BBC is using Niagara(R) Pro streaming encoders to power live streaming of prestige sporting events and news on the corporation's Website. Fourteen Niagara Pros have been installed to provide a range of services including coverage of the Beijing Olympics, and 24/7 streaming of news programming.

To learn more about video streaming solutions from ViewCast, visit http://www.viewcast.com/.

About Garland Partners Limited

About ViewCast Corporation

ViewCast Contact: Jeff Kopang Vice President of Marketing Tel: +1 (972) 488-7200 E-mail: jeffk@viewcast.com PR Agency Contact: David Netz Wall Street Communications Tel: +1 (303) 329-0359 E-mail: dave@wallstcom.com Investor Contact: Dan Matsui Allen & Caron Tel: +1 (949) 474-4300 E-mail: d.matsui@allencaron.com

ViewCast Corporation

CONTACT: Jeff Kopang, Vice President of Marketing of ViewCast
Corporation, +1-972-488-7200, jeffk@viewcast.com; or David Netz of Wall Street
Communications, +1-303-329-0359, dave@wallstcom.com; or Dan Matsui of Allen &
Caron, +1-949-474-4300, d.matsui@allencaron.com, both for ViewCast
Corporation

Web site: http://www.viewcast.com/
http://www.gpl-uk.co.uk/

Pipeline Wireless Chooses Redline Communication's RedMAX(TM) WiMAX Forum Certified(R) System to Support WiMAX Network

WOBURN, Massachusetts and MARKHAM, Ontario, August 20 /PRNewswire/ --

- RedMAX Solutions Will Form the Foundation of a Feature-Rich Network Unmatched in Quality of Service

Pipeline Wireless, Boston's leading wireless broadband provider, and Redline Communications Inc. ("Redline") (TSX and AIM:RDL), a leading provider of standards-based WiMAX and broadband wireless infrastructure products, today announced that Pipeline Wireless has chosen Redline's RedMAX(TM) products to support its first WiMAX network.

Pipeline Wireless is deploying Redline's RedMAX products for its high capacity WiMAX network in downtown Boston and plans to launch its WiMAX services in the fall. Pipeline Wireless is the first company in Boston, Massachusetts to install Redline's technology and deliver true WiMAX services.

"We are excited to expand our relationship with Redline as we deploy our first of many WiMAX base stations," said Michael Daly, President and CEO, Pipeline Wireless. "Because we can monitor and manage our existing and new Redline equipment from a single management platform, we will incur significantly lower operational costs for managing and provisioning our customers' services," added Daly.

"By choosing RedMAX, Pipeline Wireless can quickly deploy a WiMAX network in downtown Boston that will enable its customers to enjoy new levels of services," said Kevin Suitor, Vice President of Marketing and Business Development, Redline Communications. "Pipeline Wireless can incrementally expand its network as it grows and realize a return on investment at each phase of deployment."

Pipeline chose Redline's carrier-class RedMAX(TM) AN-100U Base Station for its unmatched support of voice, video and prioritized data traffic, which enables long-range, high-capacity wireless broadband networks.

Redline is a WiMAX industry leader with over 166 deployments worldwide. Redline was the first equipment vendor to have its products WiMAX Forum Certified as well as FCC Certified for the 3.65 GHz spectrum in the United States. Redline's conformance to the WiMAX standards for performance and interoperability, as well as its high level of support, was of enormous importance to Pipeline Wireless in its decision to choose Redline's equipment.

Redline's RedMAX(TM) Family

Redline's RedMAX(TM) family of WiMAX solutions includes the world's first complete system to receive the WiMAX Forum Certified(TM) mark for conformance to the WiMAX standards for performance and interoperability. Redline's carrier-class RedMAX(TM) Base Station (AN-100U) supports voice, video, and prioritized data traffic, enabling long-range, high-capacity wireless broadband networks. Redline's WiMAX products also include the RedMAX(TM) Indoor Subscriber Unit (SU-I) and Outdoor Subscriber Unit (SU-O) designed for enterprise and residential services. The RedMAX(TM) Management Suite enables operators to monitor and control the network, ensuring high service availability. Redline is maintaining its WiMAX leadership with the expansion of its RedMAX(TM) family to include products for additional frequency bands, applications and standards.

RedMAX 4C(TM) Mobile WiMAX

The RedMAX 4C(TM), which is based on the WiMAX industry's 802.16e-2005 standards for mobile WiMAX, supports a wide range of fixed, portable and mobile wireless services including Voice and Video over IP, broadband Internet access used to support highly valued education, medical, transportation and municipal applications, VPNs (Virtual Private Networks) and other advanced communications services. The RedMAX 4C(TM) Mobile WiMAX platform is designed to enable operators to maximize the reach and customer density required for a profitable carrier business model. The RedMAX 4C(TM) includes a modular, standardized (micro)TCA (micro Telecommunications Computing Architecture) chassis base station that is small, lightweight and easy to deploy. RedMAX 4C(TM) will also include a suite of indoor and outdoor fixed and portable end-user devices including laptops, mobile handsets and PDAs. Redline's new WiMAX offering is also designed to facilitate the integration of its existing RedMAX(TM) products with its RedMAX 4C(TM) technologies, providing operators a path to true mobility.

About Pipeline Wireless

Pipeline Wireless is Boston's leading wireless Internet Service Provider, delivering fast, reliable and affordable high-speed Internet access to hundreds of businesses throughout Eastern Massachusetts. Pipeline's scalable and secure broadband services are delivered to businesses over a state-of-the-art fixed wireless network that guarantees "always on" Internet access at T-1 and higher speeds. The company, founded in 2003, pledges quick installation at a cost 40 to 60 percent lower than traditional Internet Service Providers and the company's exceptional Service Level Agreement (SLA) guarantees bandwidth, low latency, low packet loss and 99.99 percent uptime. For more information, please visit http://www.pipeline-wireless.com.

About Redline Communications

Redline Communications (http://www.redlinecommunications.com) is the leading provider of fixed and mobile standards-based wireless broadband solutions. Redline's RedMAX(TM) WiMAX Forum Certified(TM) system, RedMAX 4C Mobile WiMAX(TM) products, and its award-winning RedCONNEX(TM) and RedACCESS(TM) families of broadband wireless infrastructure products enable service providers and other network operators to cost-effectively deliver high-bandwidth services, including voice, video and data communications. Redline is committed to maintaining its wireless industry leadership with the continued development of WiMAX and other advanced wireless broadband products. With more than 100,000 installations in 85 countries, and a global network of over 170 partners, Redline's experience and expertise helps service providers, enterprises and government organizations roll out wireless broadband networks to support advanced communications. For more information visit http://www.redlinecommunications.com.

NOTE: All registered and unregistered trademarks mentioned in this release are the property of their respective owners.

Certain statements in this release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws and are made pursuant to the "safe harbour" provisions of such laws. Statements related to potential benefits of, and demand for, Redline's products including statements with respect to the features and benefits that may be achieved through the use of Redline's products and the relative position of these products vis-à-vis competitive offerings in the industry are forward-looking statements which are subject to certain assumptions, risks and uncertainties. These risks and uncertainties include such factors as rapid technological changes, long uncertain sales cycles, demand for our products, the introduction of competing technologies, meeting industry standards, regulatory risk, dependent on key partners and resellers and other similar factors that may cause the actual results, performance or achievements of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Redline assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information: Redline Communications, Carolyn Anderson, Chantelle Bani, canderson@redlinecommunications.com, cbani@redlinecommunications.com, Tel: +1-905-479-8344; Equicom Group, Craig Armitage, Vanessa Beresford, carmitage@equicomgroup.com, vberesford@equicomgroup.com, Tel: +1-416-815-0700; Canaccord Adams, Neil Johnson, Andrew Chubb, Tel: +44(0)20-7050-6500; Kirk Communications, Jennifer MacPherson, Tel: +1-603-394-5275

Redline Communications Group Inc.

Ericsson and STMicroelectronics to Create World Leader in Semiconductors and Platforms for Mobile Applications

GENEVA and STOCKHOLM, Sweden, Aug. 20 /PRNewswire-FirstCall/ -- STMicroelectronics and Ericsson today announced an agreement to merge Ericsson Mobile Platforms and ST-NXP Wireless into a joint venture. The 50/50 joint venture will have the industry's strongest product offering in semiconductors and platforms for mobile applications and will be an important supplier to Nokia, Samsung, Sony Ericsson, LG and Sharp. The fabless joint venture will employ almost 8,000 people with pro-forma 2007 sales of USD 3.6B. ST is expected to exercise its option to buy NXP's 20 percent of ST-NXP Wireless before the closing of this transaction.

In the joint venture, ST contributes its industry-leading multimedia and connectivity solutions as well as a complete world-class 2G/EDGE platform and strong 3G offering, including customer relationships with Nokia, Samsung, and Sony Ericsson. Ericsson contributes its industry-leading 3G and LTE platform technology as well as customer relationships with Sony Ericsson, LG and Sharp. The joint venture, staffed by proven professionals across all functional areas, is designed for long-term stability in its original structure, and is set to become an industry leader in product research, as well as design, development, and the creation of cutting-edge mobile platforms and wireless semiconductors.

In a business where scale matters, the complementary product portfolios contributed by the parent companies will deliver significant scale and synergies by leveraging and expanding the existing strategic cooperation between Ericsson Mobile Platforms and ST-NXP Wireless.

"By combining the complementary strengths and product offerings of Ericsson and ST in platforms and semiconductors the joint venture is well positioned to become a world leader," said Carl-Henric Svanberg, President and CEO of Ericsson. "The industry continues to develop at a swift pace and customers see benefits from our broad offering. This partnership is a perfect fit and secures a complete offering, as well as the necessary scale for technology leadership."

"ST is taking another bold step. By combining two industry-leading operations, we will create a world leader in mobile platforms and semiconductor solutions with even stronger capabilities to create customer value and continue to deliver rapid innovation," said Carlo Bozotti, President and CEO of ST. "In April, we announced a plan to join wireless resources with NXP to strengthen our wireless business and enhance our leadership position in a sector which we have targeted for strong organic and external growth and substantial expansion of financial returns. Now, we've expanded our ambitions and will be even better positioned to meet our opportunities."

Frans van Houten, CEO of NXP, said: "We understand the desire of ST to call our 20 percent stake in order to expand the ST-NXP Wireless joint venture with Ericsson. We support this next step that Ericsson and ST are taking to create the global leader in wireless semiconductors. To help ensure the success of the joint venture going forward all NXP's supply and support agreements will continue as planned. The additional proceeds of the 20 percent stake will enable NXP to further build leadership positions through innovation and investment in NXP's core businesses."

The joint venture's top-tier and broad customer base will also benefit from a tighter relationship that follows from the success of the existing cooperation between ST and Ericsson. The businesses being combined are major suppliers to four of the industry's top five handset manufacturers, who together represent almost 80 percent of handset shipments, as well as to other exciting industry leaders.

The joint venture will rely on its complete platform offering, which will include modems, multimedia and connectivity solutions for 2G/EDGE, 3G, HSPA and LTE technologies. It will also include all appropriate hardware, software and support to enable handset manufacturers to develop mass-market products. Ericsson Mobile Platforms has state-of-the-art mobile modem design and mobile terminal architecture expertise and ST-NXP Wireless brings vast experience in wireless semiconductor development, including an industry-leading ASIC, ASSP, Application Processor and connectivity portfolio and hardware assembly and testing.

The business in the 50/50 joint venture will be led by a development and marketing company with approximately 7,000 people employed. This company will be consolidated by ST and Ericsson will account for it using the equity method. A separate platform design company, with approximately 1,000 people employed, will provide platform designs to the development and marketing company. Ericsson will consolidate this company and ST will account for it using the equity method. Of the almost 8,000 people employed, almost 5,000 will be from ST-NXP Wireless and roughly 3,000 will be from Ericsson Mobile Platforms. The new company will be fabless and will use silicon technologies and manufacturing capabilities from ST and other external providers.

The joint venture will be headquartered in Geneva, Switzerland and governance will be balanced. Each parent will appoint four directors to the board and Ericsson will designate Carl-Henric Svanberg as the Chairman of the Board while ST will appoint Carlo Bozotti as the Vice Chairman. In addition, ST will designate the Chief Executive Officer and Ericsson will appoint the Executive Vice President to the company. An integration management team, led by Alain Dutheil, has already been selected.

The joint venture will acquire relevant assets from the parent companies. After these acquisitions the joint venture will have a cash position of about USD 0.4B. Ericsson will contribute USD 1.1B net to the joint venture, out of which USD 0.7B will be paid by the joint venture to ST. The joint venture is subject to ordinary regulatory approvals.

As ST-NXP Wireless was launched as an 80-20 venture between STMicroelectronics and NXP, ST will acquire the remaining shares under the terms already agreed with NXP. The value of the 20 percent stake will be a function of the last twelve months (LTM) performance of the ST-NXP Wireless joint venture at the exercise of the call, which is expected to take place before the closing of the transaction between ST and Ericsson.

On September 1, 2001, Ericsson formed Ericsson Mobile Platforms to offer 2.5G and 3G platforms to manufacturers of mobile phones and other wireless devices, based on Ericsson's global standardization leadership and the world's strongest intellectual property rights portfolio for 2.5G and 3G mobile phone systems. The rationale for the new company was the transformation of the handset industry where few companies would be able to deliver chip-sets, but many to deliver handsets. Ericsson Mobile Platforms is the supplier of 3G and HSPA platforms to Sony Ericsson, LG and Sharp. The unit is headquartered in Lund, Sweden and is a part of Business Unit Multimedia within the Ericsson Group.

ST-NXP Wireless began operations on August 2 and the new entity is a global provider of platform solutions and ICs for wireless communications, offering leading-edge capabilities in 2G, 2.5G (GPRS), 2.75G (EDGE), 3G, LTE, multimedia, and connectivity. Nearly three-quarters of the company's sales are in product categories in which ST-NXP Wireless is the market leader and its strong position in TD-SCDMA established the new company with a solid foundation in the rapidly growing China market. The joint venture has been created from successful businesses that generated USD 3B in revenue in 2007 and which has produced thousands of important communication and multimedia patents.

SEB Enskilda is acting as Ericsson's sole financial advisor in the transaction while Morgan Stanley and UBS are acting as financial advisors, respectively, to ST and its Supervisory Board.

Notes to editors:

Carlo Bozotti, President and CEO of STMicroelectronics and Carl-Henric Svanberg, President and CEO of Ericsson, will hold a joint conference for media and analysts in London at 12.00 noon UK time, 1.00 pm CET, to comment on today's announcement. The press conference will be webcast and available at http://www.ericsson.com/press and on ST's website at http://investors.st.com/.

An analysts, investors and media conference call will begin at 3.00pm UK time, 4.00 pm CET.

Photos will be available during the day at http://www.ericsson.com/ericsson/press/photos/index.shtml and at http://www.st.com/stonline/press/news/year2008/photos.zip

Carl-Henric Svanberg's bio and photos are available at http://www.ericsson.com/ericsson/corpinfo/management/carl-henric_svanberg.shtml

Carlo Bozotti's bio and photo is available at http://www.st.com/stonline/company/bio/bozotti.htm

Ericsson's standard multimedia content is available at the broadcast room: http://www.ericsson.com/broadcast_room

About Ericsson

Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 195 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of "communication for all" through innovation, technology and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27.9 billion (SEK 188 billion) in 2007. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ.

For more information, visit http://www.ericsson.com/ or http://www.ericsson.mobi/. About STMicroelectronics

STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2007, the Company's net revenues were $10 billion. Further information on ST can be found at http://www.st.com/

FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Media Ericsson Media Relations Phone: +46 8 719 6992 E-mail: press.relations@ericsson.com Investors Ericsson Investor Relations Phone: +46 8 719 0000 E-mail: investors.relations.se@ericsson.com STMicroelectronics Media Maria Grazia Prestini Phone: +41 22 929 6945 E-mail: mariagrazia.prestini@st.com Investors Tait Sorensen Phone: +1-602-485-2064 E-mail: tait.sorensen@st.com Disclosure Pursuant to the Swedish Securities Markets Act

Ericsson discloses the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 08.00 CET, on August 20, 2008.

Safe Harbor Statement

Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities Exchange Act of 1934, each as amended) based on management's current views and assumptions. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of our business to differ materially and adversely from the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release. We do not intend, and do not assume any obligation, to update any information or forward-looking statements set forth in this release to reflect subsequent events or circumstances.

STMicroelectronics

CONTACT: Media: Maria Grazia Prestini, +41-22-929-6945,
mariagrazia.prestini@st.com; Investors: Tait Sorensen, +1-602-485-2064,
tait.sorensen@st.com, both of STMicroelectronics

Web site: http://www.st.com/
http://www.ericsson.com/press
http://investors.st.com/

Trintech Reports Second Quarter Fiscal Year 2009 Financial ResultsRevenues of $10.5 million representing growth of 18% and Adjusted EBITDA Net Income of $215,000.

DUBLIN, Ireland and DALLAS, Aug. 20 /PRNewswire-FirstCall/ -- Trintech Group Plc , a leading global provider of integrated financial governance, transaction risk management, and compliance solutions today announced revenues of $10.5 million for the second quarter ended July 31, 2008, an Adjusted EBITDA net income of $215,000 and a net loss for the quarter of $965,000.

Highlights:

-- Revenue amounted to $10.5 million compared to $8.9 million in Q2 last year, representing 18% growth. The increase was primarily due to an increase in EMEA revenues and new revenues generated from the Movaris business.

-- Gross margin amounted to $7.1 million in Q2, representing 68% of revenue, compared to $6.0 million and 68% in Q2 last year.

-- Trintech increased expenditure in research and development by 24% from $1.3 million in Q2 last year to $1.6 million in the same quarter in the 2009 fiscal year. The increase was primarily due to the inclusion of costs relating to the recently acquired Movaris business.

-- Trintech increased expenditure in sales and marketing by 17% from $3.0 million in Q2 in the 2008 fiscal year to $3.5 million in the same quarter in the 2009 fiscal year. The increase was primarily due to the inclusion of costs relating to the recently acquired Movaris business.

-- General and administrative expenses decreased by 4% in Q2 of the 2009 fiscal year compared to Q2 of the 2008 fiscal year to $2.6 million compared to $2.7 million in the prior fiscal year. The decrease was primarily due to a reduction in salary, legal and professional and occupancy costs which more than offset the increase in the quarter due to the inclusion of costs relating to the recently acquired Movaris business and the impact of the weakening US Dollar against the euro.

-- Trintech generated an Adjusted EBITDA net income of $215,000 for Q2 of the 2009 fiscal year compared to an Adjusted EBITDA net loss of $210,000 for the corresponding period in the prior year.

-- Combined basic and diluted net loss per equivalent ADS for the quarter ended July 31, 2008 was $0.06, compared with a basic and diluted net loss per equivalent ADS of $0.07 for the quarter ended July 31, 2007.

Cyril McGuire, Chairman & Chief Executive Officer said, "Trintech's performance in Q2 was solid with revenue growth of 18% and adjusted EBITDA net income of $215,000 despite the challenges of the economic environment. However, the continued uncertainty in the market has negatively impacted our revenue and earnings results and business outlook for the rest of the year. Our management focus will continue to be on driving revenue growth and EBITDA profitability while extracting cost synergies from our recent acquisition of Movaris and maintaining a strong vigilance on our operating cost base given our outlook for the business. Following shareholder approval of our share buy-back at our recent AGM, we intend to initiate the purchase of our stock as our board strongly feels that the current Trintech share price does not accurately reflect the true enterprise value of the business."

Paul Byrne, President, added, "In spite of the difficult economic environment, we believe our strategy of focusing on a broader product set, expanding our presence in the international market, and ensuring an efficient operating cost base will enable Trintech to deliver continued year over year growth in revenue and EBITDA profitability."

Recent Highlights include:

Trintech announced that Somerston Hotels Ltd selected ReconNET to improve reconciliation and exception management processes while increasing operational efficiencies. Somerston Hotels owns and operates 32 hotels throughout the United Kingdom under two international brands, Express by Holiday Inn and Ramada Encore. With 31 Express by Holiday Inn hotels, Somerston Hotels is the largest franchisee of the brand in the United Kingdom.

Trintech announced that BAE Systems Shared Services has selected AssureNET GL to increase the timeliness and accuracy of their balance sheet account reconciliations. AssureNET GL is an automated reconciliation software system that assists in performing this critical business function, while facilitating internal controls and compliance. BAE Systems, with operations across five continents and customers and partners in more than 100 countries, develops, delivers, and supports advanced defence and aerospace systems in the air, on land, and at sea.

Trintech announced the newest release of its best-of-breed financial governance application suite, Unity 10.1, for enterprise risk management, accounting compliance, account reconciliation, financial close, and financial reporting. Unity 10.1 delivers enhanced management oversight capabilities of the reconciliation processes as they pertain to period-end financial close and reporting processes.

Trintech announced the latest release of its innovative Lifecycle Management (LCM) Payments solution for financial institutions. LCM Payments is a .NET browser-based account reconciliation and positive pay solution that enables financial institutions to provide their clients with a diverse range of real-time capabilities, based on customer-specific business requirements, while consolidating multiple existing systems into a single integrated platform. LCM Payments supplements other treasury management services solutions with advanced fraud prevention technology to provide clients with complete visibility into the status of their payments.

Concuity, the healthcare division of Trintech, announced the availability of PriceAdvisor(TM), a web-based solution that will enable hospitals to accurately produce patient estimates by utilizing payer contracts, actual claim data, and patient benefit information.

Concuity also announced its partnership with Financial Healthcare Systems (FHS Corp), a provider of a web-based solution for credible procedural price estimates that provides patients with specific out-of-pocket costs, allowing them to better plan for impending medical expenses, while giving hospitals the ability to more accurately project revenue. By partnering with FHS Corp, Concuity further enhances its value proposition for hospitals seeking to increase customer satisfaction, streamline operations, and improve revenue calculation.

Trintech announced that it has been named a "Cool Vendor" in the Gartner report titled "Cool Vendors in Compliance and Risk Management, 2008., published on April 24, 2008. Trintech was included in the report by Gartner analyst John E. Van Decker, et al. The report asserts "firms that are focusing their Governance, Risk and Compliance, or GRC efforts on the office of finance and want to bring in more innovative approaches to financial governance should consider best-of-breed applications and ERP offerings in this emerging market."

Trintech held its 9th Annual General Meeting (AGM) as a public company in Dublin, Ireland. At the AGM, Cyril McGuire, Chairman and CEO, welcomed the approval by shareholders of all the ordinary and special resolutions including the approval of a share buy-back agreement with First Analysis Securities Corporation. The timing and amount of any repurchase by Trintech under the share buy-back program will be dependent upon market conditions, securities law limitations and other corporate considerations.

Trintech announced the successful conclusion of its twelfth annual US-based Customer Conference held May 19-22 at the Royal Sonesta Hotel in New Orleans, Louisiana. The Conference featured KPMG Advisory Services Principal, Richard Beacham; KPMG Advisory Services Director, Mike Scanlon; Prodiance President and CEO, Soheil Saadat; and more than 200 accounting and treasury professionals from world-class organizations, including eBay, ANZ Bank, Nike, Target, Monster Worldwide, and Yahoo; and sponsors PNC, Solutran, Harland Clarke, and Garda. This year's conference theme focused on helping clients make financial governance a strategic asset in their business.

Results Overview:

Revenue for the second quarter was $10.5 million compared with $8.9 million for the corresponding quarter last year, an increase of 18%. The increase was primarily due to an increase in EMEA revenues and new revenues generated from the Movaris business.

Software license revenue for the quarter ended July 31, 2008 was $5.4 million compared with $4.5 million for the corresponding quarter in the prior year, an increase of 19%. The increase was primarily due to an increase in EMEA revenues and new revenues generated from the Movaris business.

Service revenue for the second quarter increased 17% to $5.1 million from $4.4 million for the corresponding quarter in the prior year. The increase was primarily due to an increase in EMEA revenues and new revenues generated from the Movaris business.

Total gross margin for the second quarter was $7.1 million, an increase of 17% from $6.0 million in the corresponding quarter in the prior year.

Total operating expenses for the second quarter were $8.0 million, an increase of 11% from $7.2 million in the corresponding quarter in the prior year. Adjusted EBITDA operating expenses for the quarter ended July 31, 2008 were $7.1 million, an increase of 10% on the Adjusted EBITDA operating expenses of $6.5 million for the corresponding period in the prior year.

Consolidated Adjusted EBITDA net income was $215,000 for the second quarter compared to an Adjusted EBITDA net loss of $210,000 for the corresponding quarter in the prior year.

Trintech's balance sheet remains strong with net cash and cash equivalent balances of $15.9 million as of July 31, 2008. Net cash utilized for the three months ended July 31, 2008 was $545,000, which included cash utilized in operations of $120,000 and payments related to acquisitions of $398,000. Included in payments related to acquisitions is a $352,000 purchase consideration payment to the ex-owners of the Assurity business that Trintech acquired in February 2006.

Trintech will host a conference call to discuss its financial results and business outlook beginning at 15:30hrs (UK Time) today, Wednesday, August 20, 2008. Please see advisory for information on the call.

A web simulcast of Trintech's conference call reviewing our performance for Q2 fiscal year 2009 and our business outlook for Q3 and full fiscal year 2009 will be broadcast live today, Wednesday, August 20, 2008 at 15:30 hrs (UK Time), 10:30 hrs (NY Time) and 07:30 hrs (CA Time) and thereafter for 1 year at http://www.trintech.com/investor. An instant telephone replay will also be available for 10 days by dialing +44 1452 55 00 00 and entering the following access number (5 9 6 3 2 6 9 2 #).

About Trintech Group

Trintech Group Plc is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions. The Company enables companies to achieve excellence in financial governance and performance management through a comprehensive platform of account reconciliation, accounting compliance, and financial reporting applications across the financial lifecycle.

Over 570 leading global organizations are realizing the benefits of Trintech solutions every day to gain greater control, visibility, and efficiency across financial processes; improve financial performance through stronger management of revenue and cost cycles; ensure the accuracy and integrity of financial data, thereby reducing the risk of material weaknesses and restatements and to drive immediate efficiencies and cost reductions in financial operations through automation and scalability. Trintech's customers include retail chains, commercial companies, financial institutions and healthcare providers in the United States, the UK and the Republic of Ireland, continental Europe and Australia. Top customers in recent years include Accenture, Regis Corporation, Sodexho Operations, Target Stores, Providence Health and Cleveland Clinic.

Trintech's technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com/ or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.

Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001 - Tel 1 972 701 9802

Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK - Tel +44 (0) 20 7628 5235

Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18, Ireland - Tel +353 1 293 9840

Trintech - Cypresbaan 9 - 2908 LT Capelle a/d Ijssel, The Netherlands - Tel +31 (0) 10 8507 47

Forward Looking Statements

This news release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. "Forward looking statements" in this press release include statements, among others, relating to Trintech's growth strategy for fiscal 2009, Trintech management's belief that the company's broader product portfolio will drive revenue and EBITDA growth, the expected benefits from the acquisition of Movaris Inc., the expected benefits that BAE Systems Shared Services will receive from its installation of AssureNET GL, the expected benefits that Somerston Hotels Ltd will receive from its installation of ReconNET, and Trintech's intention to buy back its shares. Factors that could cause or contribute to such differences include Trintech's ability to accurately predict future sales, its ability to accurately predict and meet customer needs and to successfully position itself in the market, Trintech's ability to ensure the performance of its products and services, and its ability to improve the performance of its organization and ensure the long term health of its business. Actual performance may also be affected by other factors more fully discussed in Trintech's Form 20-F for the fiscal year ended January 31, 2008 filed with the US Securities and Exchange Commission (http://www.sec.gov/) and subsequent filings with the US Securities and Exchange Commission. Lastly, Trintech assumes no obligation to update these forward-looking statements.

Contact Paul Byrne, President Joseph Seery, VP Finance, Group Trintech Group plc +353 1 293 9840 paul.byrne@trintech.com joseph.seery@trintech.com TRINTECH GROUP PLC CONDENSED CONSOLIDATED BALANCE SHEETS (U.S. dollars in thousands, except share and per share data) July 31, January 31, 2008 2008 ASSETS Current assets Cash and cash equivalents $15,942 $23,766 Accounts receivable, net of allowance for doubtful accounts of $72 and $24 at July 31, 2008 and January 31, 2008, respectively 7,281 6,507 Prepaid expenses and other current assets 1,732 1,373 Net current deferred tax asset 242 234 Total current assets 25,197 31,880 Non-current assets Restricted cash 338 338 Property and equipment, net 1,409 1,597 Net non-current deferred tax asset 328 136 Intangible assets, net 6,602 4,534 Goodwill 23,322 17,126 Total non-current assets 31,999 23,731 Total assets $57,196 $55,611 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable 1,224 515 Accrued payroll and related expenses 2,065 2,156 Deferred consideration 2,970 1,049 Net current deferred tax liability - 231 Income taxes payable 140 184 Other accrued liabilities 1,905 1,718 Deferred revenues 9,073 8,317 Liabilities held for sale and in discontinued operations 77 141 Total current liabilities 17,454 14,311 Non-current liabilities Capital leases due after more than one year 118 190 Deferred consideration - 2,000 Income taxes payable 59 119 Net non-current deferred tax liability 222 - Deferred rent less current portion 385 427 Total non-current liabilities 784 2,736 Series B preference shares, $0.0027 par value 10,000,000 authorized at July 31, 2008 and January 31, 2008, respectively None issued and outstanding - - Shareholders' equity: Ordinary Shares, $0.0027 par value: 100,000,000 shares authorized; 33,453,135 and 32,413,719 shares issued and 31,910,955 and 31,821,201 shares outstanding at July 31, 2008 and January 31, 2008, respectively. 90 87 Additional paid-in capital 252,827 251,029 Treasury shares (at cost, 526,680 and 592,518 at July 31, 2008 and January 31, 2008, respectively) (898) (1,011) Accumulated deficit (209,588) (208,135) Accumulated other comprehensive loss (3,473) (3,406) Total shareholders' equity 38,958 38,564 Total liabilities and shareholders' equity $57,196 $55,611 TRINTECH GROUP PLC CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (U.S. dollars in thousands, except share and per share data) Three months Six months ended July 31, ended July 31, 2008 2007 2008 2007 Revenue License $5,373 $4,529 $10,271 $8,018 Service 5,112 4,368 9,855 8,248 Total revenue 10,485 8,897 20,126 16,266 Cost of revenue License 588 423 1,086 779 Amortization of purchased technology 226 164 442 328 Service 2,577 2,272 4,821 4,283 Total cost of revenue 3,391 2,859 6,349 5,390 Gross margin 7,094 6,038 13,777 10,876 Operating expenses Research and development 1,558 1,254 3,050 2,529 Sales and marketing 3,458 2,951 6,537 5,467 General and administrative 2,554 2,651 5,043 4,996 Restructuring charge 54 - 54 - Amortization of purchased intangible assets 415 385 810 770 Total operating expenses 8,039 7,241 15,494 13,762 Loss from operations (945) (1,203) (1,717) (2,886) Interest income, net 74 292 192 582 Exchange (loss) gain, net (4) 23 101 197 Loss before provision for income taxes (875) (888) (1,424) (2,107) Provision for income taxes (90) (161) (29) (304) Net loss $(965) $(1,049) $(1,453) $(2,411) Weighted-average shares used in computing basic and diluted net loss per Ordinary Share 31,910,955 31,298,752 31,900,826 31,262,073 Basic and diluted loss per Ordinary Share $(0.03) $(0.03) $(0.05) $(0.08) Basic and diluted loss per equivalent ADS $(0.06) $(0.07) $(0.09) $(0.15) TRINTECH GROUP PLC RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA NET INCOME (LOSS) (U.S. dollars in thousands) Three Months ended Six Months ended July 31, July 31, 2008 2007 2008 2007 Net loss $(965) $(1,049) $(1,453) $(2,411) Adjustments: Depreciation 190 151 392 301 Amortization of purchased intangible assets 641 549 1,252 1,098 Share-based compensation 279 270 539 534 Restructuring charge 54 - 54 - Interest income, net (74) (292) (192) (582) Income taxes 90 161 29 304 Adjusted Earnings Before Interest, Taxation, Depreciation, Amortization, Restructuring and Share-based compensation (EBITDA) net income (loss) $215 $(210) $621 $(756) Adjusted Basic and diluted income (loss) per Ordinary Share $0.01 $(0.01) $0.02 $(0.02) Adjusted Basic and diluted income (loss) per equivalent ADS $0.01 $(0.01) $0.04 $(0.05) Note: Management believes Adjusted EBITDA net income (loss) is an important measure of Company performance without consideration of the non-operating income and expense adjusted above as it presents a clearer view of operational performance changes between the comparative periods. RECONCILIATION OF OPERATING EXPENSES TO ADJUSTED EBITDA OPERATING EXPENSES (U.S. dollars in thousands) Three Months ended Six Months ended July 31, July 31, 2008 2007 2008 2007 Total operating expenses from operations $8,039 $7,241 $15,494 $13,762 Adjustments: Depreciation (168) (138) (349) (275) Amortization of purchased intangible assets (415) (385) (810) (770) Share-based compensation (262) (244) (508) (487) Restructuring charge (54) - (54) - Adjusted EBITDA operating expenses $7,140 $6,474 $13,773 $12,230 Note: Management believes Adjusted EBITDA operating expenses is an important measure of Company performance without consideration of the non-operating expense adjusted above as it presents a clearer view of operational performance changes between the comparative periods. TRINTECH GROUP PLC CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (U.S. dollars in thousands) Six months ended July 31, 2008 2007 CASH FLOWS FROM OPERATING ACTIVITIES: Net loss $(1,453) $(2,411) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation 392 301 Gain on sale of fixed assets - (5) Amortization of purchased intangible assets 1,252 1,098 Share-based compensation 539 534 Effect of changes in foreign currency exchange rates (69) (15) Changes in operating assets and liabilities: Accounts receivable 873 (1,067) Prepaid expenses and other current assets (264) (121) Value added tax receivable 62 40 Accounts payable 492 (46) Accrued payroll and related expenses (512) 53 Deferred revenues 248 138 Value added tax payable 132 52 Warranty reserve (25) (13) Other accrued liabilities (776) (170) Net cash provided by (used in) operating activities 891 (1,632) CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (148) (478) Proceeds from sale of fixed assets - (331) Payments relating to acquisitions (8,708) (887) Net cash used in investing activities (8,856) (1,696) CASH FLOWS FROM FINANCING ACTIVITIES: Principal payments on capital leases (73) (20) Proceeds from sale of fixed assets - 338 Issuance of ordinary shares 65 266 Proceeds under bank overdraft facility - 1,094 Increase in restricted cash deposits - (338) Net cash (used in) provided by financing activities (8) 1,340 Net decrease in cash and cash equivalents (7,973) (1,988) Effect of exchange rate changes on cash and cash equivalents 149 11 Cash and cash equivalents at beginning of period 23,766 25,766 Cash and cash equivalents at end of period $15,942 $23,789 Supplemental disclosure of cash flow information Interest paid $17 $33 Taxes paid $164 $13 Supplemental disclosure of non-cash flow information Acquisition of property and equipment under capital leases $(30) $(338) Shares issued in connection with acquisition $1,239 $-

Trintech Group Plc

CONTACT: Paul Byrne, President, paul.byrne@trintech.com, or Joseph
Seery, VP Finance, Group, joseph.seery@trintech.com, both of Trintech Group
plc, +353 1 293 9840

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

Microsoft and Novell Expand Successful Interoperability Relationship

WALTHAM, Massachusetts, August 20 /PRNewswire/ --

- Additional resources, training and investments to address growing customer demand.

Microsoft Corp and Novell Inc are announcing an incremental investment in their relationship to meet accelerating customer demand for their business model solution, which is designed to build a bridge between open source and proprietary software to deliver interoperability and intellectual property (IP) peace of mind for organisations operating mixed-source IT environments.

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

The investment focuses on enhanced programmes from Novell to provide tools, support, training and resources for customers seeking an enterprise-class Linux* platform and specifically, the optimal interoperability solution between Microsoft Windows Server and SUSE(R) Linux Enterprise Server from Novell(R). It also includes Microsoft's commitment to purchase up to US$100 million in certificates that those customers can redeem for expanded support from Novell that includes SUSE Linux Enterprise Server support and support for moving toward an enterprise-class Linux platform. The investments will take effect 1 Nov 2008, and between now and then Microsoft and Novell will solicit customer input and identify aspects of the support programmes that will be most useful to organisations running mixed-source environments.

Customer response to the Microsoft-Novell model has been significant since it began in November 2006. As part of the initial five-year partnership agreement, Microsoft purchased US$240 million of Novell certificates to sell to customers. Within 18 months, Novell invoiced more than US$157 million in certificate revenues, or 65 per cent of the original allotment. Customers who have already taken advantage of this opportunity to seamlessly run both Windows Server and SUSE Linux Enterprise Server include Wal-Mart Stores Inc, HSBC Holdings, Renault, Southwest Airlines Co, BMW and many other leading companies around the world.

"The collaboration between Microsoft and Novell has been built on our desire to meet our customers' real-life IT requirements as well as give our partners greater breadth in their solution offerings," said Kevin Turner, chief operating officer at Microsoft. "Some customers have told us they want to be able to run Windows Server and Linux together seamlessly, but in many cases, they need help with the transition to SUSE Linux Enterprise Server from other Linux environments. Our increased investment in the relationship with Novell is intended to give these customers and partners the best possible Windows-Linux interoperability solution, while also extending their existing Windows Server investments and helping to give them IP peace of mind."

"Cross-platform interoperability is something that we all want and need to achieve. But it's difficult to accomplish this," said Ulrich Koch, Head of License Management T-Systems Enterprise Services. "The pragmatic approach Microsoft and Novell are taking to address this complex challenge, including IP assurance, through engineering as well as offering tangible support and training programmes, will make it easier for us to develop a path forward."

"The strategic partnership between our companies continues to attract customers by building a bridge between proprietary and open source software," said Ron Hovsepian, president and CEO of Novell. "The interoperability delivered by Microsoft and Novell has resulted in very high demand for SUSE Linux Enterprise from customers and channel partners, further validating Novell's Linux strategy."

With today's announcement of the enhanced relationship, customers will continue to realise unprecedented choice and flexibility of running both SUSE Linux Enterprise Server and Windows Server with the confidence that both operating systems will work together seamlessly in the datacenter. Novell and Microsoft, through their joint interoperability lab in Cambridge, Massachusetts, and other initiatives, will continue their close technical collaboration on a wide variety of solutions including virtualisation, systems management, directory and identity federation, document format compatibility, accessibility technology, and the Moonlight multimedia framework.

More information about the Microsoft and Novell agreement can be found at http://www.moreinterop.com.

About Novell

Novell, Inc (Nasdaq: NOVL) delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com.

About Microsoft

Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realise their full potential.

About Microsoft EMEA (Europe, Middle East and Africa)

Microsoft has operated in EMEA since 1982. In the region Microsoft employs more than 16,000 people in over 64 subsidiaries, delivering products and services in more than 139 countries and territories.

This material is for informational purposes only. Microsoft Corp disclaims all warranties and conditions with regard to use of the material for other purposes. Microsoft Corp shall not, at any time, be liable for any special, direct, indirect or consequential damages, whether in an action of contract, negligence or other action arising out of or in connection with the use or performance of the material. Nothing herein should be construed as constituting any kind of warranty.

Novell and SUSE are registered trademarks of Novell Inc in the US and other countries.

*Linux is a registered trademark of Linus Torvalds.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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

Microsoft Corp

Ian Bruce of Novell, +1-781-464-8034, ibruce@novell.com; or Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft; NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft in EMEA, please visit http://www.microsoft.com/emea or the EMEA Press Centre at http://www.microsoft.com/emea/presscentre. Web links, telephone numbers and titles were correct at the time of publication, but may since have changed. For additional assistance, journalists and analysts may contact the appropriate contacts listed at http://www.microsoft.com/emea/presscentre/contactus.mspx. If you are interested in viewing additional information on Microsoft Corp, please visit the Microsoft web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. ; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Telekom Austria Group: International Business Remains Main Growth Driver

VIENNA, Austria, August 20 /PRNewswire/ --

- Revenues Grow by 7.7% From EUR 2,353.8 Million to EUR 2,535.8 Million - EBITDA Increases by 2.7% From EUR 942.4 Million to EUR 967.7 Million - Continuing Growth of International Operations Drives EBITDA - Ongoing Stabilization of Fixed Net Trends as Product Bundles are Effective in Decelerating Access Line Loss - Subscriber Base in the Mobile Communication Segment Grows by 52.5% to 16.5 Million Customers - Outlook for Full-Year 2008 Including DPS Guidance of at Least EUR 0.75 Reiterated

Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first half 2008 and the second quarter ending June 30, 2008.

Year-to-date comparison:

During the first half 2008, revenues grew by 7.7% to EUR 2,535.8 million primarily due to the consolidation of Velcom in Belarus and to higher contributions from the other international operations.

EBITDA grew by 2.7% to EUR 967.7 million from EUR 942.4 million as a result of an EBITDA growth in the international operations and the consolidation of Velcom which more than offset a lower contribution from the Fixed Net segment. EBITDA includes exceptional costs in the amount of EUR 19.7 million.

Operating income decreased by 4.9% from EUR 410.2 million to EUR 389.9 million due to higher depreciation and amortization charges. Net income declined by 18.6% to EUR 226.0 million due to higher interest expenses mainly as a result of the acquisition of Velcom.

Capital expenditures for tangible and intangible assets decreased by 7.0% to EUR 350.3 million due to lower capital expenditures in both segments. Net debt remained stable at EUR 4,402.1 million at the end of June 2008 compared to the end of December 2007 despite the payment of the dividend.

Quarterly comparison:

Revenues increased by 5.6% to EUR 1,276.2 million in 2Q 08 as higher revenues from international operations including the consolidation of Velcom overcompensated for lower revenues from the Fixed Net segment and lower roaming revenues.

Roaming revenues were impacted by a seasonal effect in 2Q 08 as the roaming intensive Easter holidays were in 1Q 08, whereas in 2007 they were in the second quarter. This seasonality amplified the effect of lower roaming prices and resulted in lower roaming revenues.

EBITDA grew by 0.6% to EUR 469.1 million as the consolidation of Velcom and higher contributions from the established international operations offset lower contributions from the Austrian operations, which included exceptional costs in the amount of EUR 7.7 million, as well as start-up costs in the Republic of Serbia and the Republic of Macedonia.

Operating income declined by 11.8% to EUR 174.7 million due to higher depreciation and amortization charges. Net income decreased by 26.3% to EUR 96.3 million during 2Q 08 mainly due to higher interest expenses following the acquisition of Velcom. As a consequence earnings per share declined by 24.9% to EUR 0.22.

Capital expenditures for tangible and intangible assets decreased by 8.9% to EUR 190.7 million mainly due to lower investments in Austria and in the Republic of Serbia despite the consolidation of Velcom.

Further Information

For more detailed information about the first half 2008 please refer to the corresponding report on Telekom Austria Group's website at http://www.telekomaustria.com/interim_reports

Contacts: Elisabeth Mattes Group Spokeswoman Tel.: +43-664-331-2730 E-Mail: elisabeth.mattes@telekom.at Peter Zydek Head of Investor Relations Tel.: +43(0)59059-1-19000 E-Mail: peter.zydek@telekom.at

Telekom Austria Group

Contacts: Elisabeth Mattes, Group Spokeswoman, Tel.: +43-664-331-2730, E-Mail: elisabeth.mattes@telekom.at; Peter Zydek, Head of Investor Relations, Tel.: +43(0)59059-1-19000, E-Mail: peter.zydek@telekom.at

Telekom Austria Group: International Business Remains Main Growth Driver

VIENNA, Austria, August 20 /PRNewswire-FirstCall/ --

Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first half 2008 and the second quarter ending June 30, 2008.

Year-to-date comparison:

During the first half 2008, revenues grew by 7.7% to EUR 2,535.8 million primarily due to the consolidation of Velcom in Belarus and to higher contributions from the other international operations.

Quarterly comparison:

Further Information

For more detailed information about the first half 2008 please refer to the corresponding report on Telekom Austria Group's website at http://www.telekomaustria.com/interim_reports

Contacts: Elisabeth Mattes Group Spokeswoman Tel.: +43-664-331-2730 E-Mail: elisabeth.mattes@telekom.at Peter Zydek Head of Investor Relations Tel.: +43(0)59059-1-19000 E-Mail: peter.zydek@telekom.at

Telekom Austria Group

CONTACT: Contacts: Elisabeth Mattes, Group Spokeswoman, Tel.:
+43-664-331-2730, E-Mail: elisabeth.mattes@telekom.at; Peter Zydek, Head of
Investor Relations, Tel.: +43(0)59059-1-19000, E-Mail: peter.zydek@telekom.at

India Search Market Led By 1 Billion Searches on Google Sites in JuneRediff.com Ranked as Top Local Indian Search Brand

RESTON, Va., Aug. 20 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released a study of the online search market in India, indicating that Google Sites commanded the strong majority of searches conducted in this developing market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO) Google Sites Ranks as Top Indian Search Property

Google Sites ranked as the top search property in India with more than 1 billion searches conducted in June, representing 81 percent of the market. Yahoo! Sites ranked second with 9.4 percent, followed by Ask Network (1.9 percent) and Microsoft Sites (1.7 percent). Indian Internet portal Rediff.com ranked fifth with 1.5 percent.

Top Search Properties in India June 2008 Total India -- Age 15+, Home/Work Locations Source: comScore qSearch Searches Share of (MM) Searches Total Internet 1,242 100.0 Google Sites 1,011 81.4 Yahoo! Sites 117 9.4 Ask Network 24 1.9 Microsoft Sites 22 1.7 Rediff.com India Ltd 18 1.5 FACEBOOK.COM 10 0.8 People Group 9 0.8 CNET Networks 5 0.4 Wikipedia Sites 5 0.4 AOL LLC 3 0.2

"The Indian search market is dominated by global Internet brands, with Google attracting the wide majority of searches," said Jack Flanagan, comScore executive vice president. "As the top local player in the search market, Indian web portal Rediff.com attracts slightly less than 2 percent of all searches, indicating that there is substantial room for growth among the local Internet brands."

Search Intensity Lags in India, Indicating Opportunity for Growth

Despite being one of the most rapidly emerging Internet markets in the world in terms of overall usage growth, India currently exhibits less frequent search behavior than its global counterparts. Of the 37 countries individually reported by comScore, India ranked second to last with 53 searches per searcher during the month, well below the worldwide average of 93. India also had significantly fewer search visits per searcher (14.7 vs. 23.6) and searches per search visit (3.6 vs. 3.9).

India Search Market Overview June 2008 Total India -- Age 15+, Home/Work Locations Source: comScore qSearch Unique Search Searches Searches Searchers Searches Visits Per Per Search (MM) (000) Per Searcher Searcher Visit Worldwide 74,217 802,267 92.5 23.6 3.9 India 1,242 23,416 53.1 14.7 3.6

"Though India represents more than 15 percent of the world's population, it accounts for less than 2 percent of global Internet searches," added Mr. Flanagan. "It will be interesting to see if this gap narrows as more people in India gain Internet access and ramp up their use of search over time."

About comScore

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

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

CONTACT: Andrew Lipsman of comScore, Inc., +1-312-775-6510,
press@comscore.com

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

Industry Awards Recognize ILOG for Technology Innovations and Green Supply Chain ToolsSupply & Demand Chain Executive Lists ILOG as One of Top 100 Supply Chain Solution Providers and ILOG Becomes a Finalist in The Stevie Awards

SUNNYVALE, Calif. and PARIS, Aug. 20 /PRNewswire-FirstCall/ -- ILOG(R) today announced that ILOG for the second year in a row has been recognized by the Supply & Demand Chain Executive Magazine as one of the top 100 supply chain innovators. ILOG is also a finalist in The Stevies 2008 International Business Awards in the category of Best New Product. ILOG received both awards for its Carbon Footprint Extension for ILOG LogicNet Plus(TM) XE, a key offering in ILOG's LogicTools Suite of Supply Chain Applications.

This year Supply & Demand Chain Executive Magazine emphasized supply chain innovation as the main criteria for selecting winners. The judging committee, including the editorial staff and advisory board of the magazine, compiled a list of leading supply and demand chain innovators based on submissions from end users and solution providers.

"Our goal with this year's '100' is to highlight a broad range of solutions and services targeted at a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Therefore, our judging committee looked for solutions across a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain."

ILOG's Carbon Footprint Extension helps companies to evaluate the impact of various supply chain network configurations and transportation strategies on their carbon footprint, allowing companies to quickly and easily implement green supply chain initiatives.

The Stevies' International Business Awards are the only global, all-encompassing business awards program honoring great performances in business. The honorees for The 2008 International Business Awards were selected from more than 1,700 entries received from organizations and individuals in more than 30 countries. Previously, ILOG Chairman and CEO, Pierre Haren, was honored by The Stevie Awards as a finalist in the Best Executive category in 2007.

"Entries to the International Business Awards grew 65 percent this year and that illustrates the increasing importance of The International Business Awards worldwide," said Michael Gallagher, president of The Stevie Awards, presenters of the International Business Awards. "We congratulate all of the honorees, and we look forward to recognizing them for their achievements at our gala awards dinner in Dublin on September 8."

Additional information on ILOG's recent recognitions can be found in the June/July 2008 issue of Supply & Demand Chain Executive, as well as online at http://www.sdcexec.com/SDCE100 and at The Stevie Awards.

The information about other ILOG awards and recognitions received in 2008 can be found at Inbound Logistics, START-IT, Food Logistics, Manufacturing Business Technology and Global Logistics & Supply Chain Strategies.

About ILOG

ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity. Over 3,000 corporations and more than 465 leading software vendors rely on ILOG's market-leading business rule management systems (BRMS), supply chain applications and optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge. ILOG was founded in 1987 and employs more than 850 people worldwide. For more information, please visit http://www.ilog.com/.

ILOG and ILOG LogicNet Plus XE are registered trademarks of ILOG S.A. and ILOG, Inc. All other trademarks are the property of their respective owners.

ILOG

CONTACT: Monika Raj of ILOG, +1-408-991-7128, mraj@ilog.com

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

Chunghwa Telecom Senior Management Changes

TAIPEI, Taiwan, Aug. 20 /Xinhua-PRNewswire-FirstCall/ -- Chunghwa Telecom Co., Ltd. ("CHT"; TAIEX: 2412; NYSE: CHT) today at an extraordinary board meeting passed a resolution to appoint Dr. Shyue-Ching Lu as Chairman and Mr. Shaio Tung Chang as President of the Company.

(Logo: http://www.xprn.com/xprn/sa/200707261428.JPG )

Prior to his appointment as Chairman, Dr. Shyue-Ching Lu was President of Chunghwa Telecom, a role which he undertook in 1996. Before assuming the role of President, he served as the Deputy Director General of Directorate General of Telecommunications (DGT) and a regulator at the Department of Posts and Telecommunications of the Ministry of Transportation and Communications (MOTC). He also led and managed Telecommunication Laboratories, the R&D branch of DGT. Dr. Lu was instrumental to the transformation of DGT into Chunghwa Telecom, a state-owned enterprise. Under Dr. Lu's leadership, CHT competed effectively and maintained its leading position in a highly competitive market. Dr. Lu also contributed to CHT's NYSE listing in 2003 and privatization in August 2005, playing a crucial role in the preparations and participating in the deal roadshows to promote the Company. Dr. Lu received a Ph.D in Electrical Engineering from the University of Hawaii.

Mr. Shaio Tung Chang was previously Senior Vice President of the Company and supervised the marketing, information technology and customer service departments. Prior to that, he served as head of CHT's Mobile Business Group and International Business Group. He holds a Master of Business Administration degree from the National Chiao Tung University in Taiwan.

About Chunghwa Telecom

Chunghwa Telecom is the leading telecom service provider in Taiwan. Chunghwa Telecom provides fixed line services, mobile services and Internet and data services to residential and business customers in Taiwan.

For inquiries: Fu-fu Shen Investor Relations Tel: +886-2-2344-5488 Email: chtir@cht.com.tw

Chunghwa Telecom Co., Ltd.

CONTACT: Fu-fu Shen of Chunghwa Telecom Investor Relations,
+886-2-2344-5488, chtir@cht.com.tw

Web site: http://www.xprn.com/xprn/sa/200707261428.JPG

Giant-Carlisle Renews With DemandTec to Manage Pricing and PromotionsRetailer Renews Subscriptions to Everyday Price Management, Promotion Planning & Optimization and Deal Management Software Services

SAN CARLOS, Calif., Aug. 20 /PRNewswire-FirstCall/ -- DemandTec, Inc. , a leading provider of on-demand optimization solutions for retailers and consumer products manufacturers, today announced that Giant Food Stores, LLC, a division of Ahold USA, has renewed its contract for DemandTec's Everyday Price Management, Promotion Planning & Optimization and Deal Management software services. Giant-Carlisle, headquartered in Carlisle, PA, and operator of stores in Pennsylvania, Maryland, Virginia and West Virginia, has been a DemandTec customer since 2005.

"Giant-Carlisle is renewing its contract with DemandTec because of the improvements in productivity we've realized since implementing the technology. DemandTec has helped automate the entire price and promotion business process for all categories throughout our stores," said Ron Domenick, senior vice president of non-perishables at Giant-Carlisle.

Giant-Carlisle uses Everyday Price Management to streamline the price management process with rules-based pricing, price maintenance and price execution. The company is also implementing Promotion Planning & Optimization to plan promotions that better meet their business objectives based on a scientific understanding of consumer response to discounts, advertisements and in-store displays, as well as other demand drivers. Deal Management is being used by the retailer to streamline trade funds presentation, negotiation and reconciliation processes.

Today, 98% of Giant-Carlisle's vendor deals are negotiated via the Deal Management service on the DemandTec TradePoint Network(TM).

Everyday Price Management, Promotion Planning & Optimization, and Deal Management are component services of DemandTec Lifecycle Price Optimization(TM), a comprehensive solution for managing pricing across the entire store and DemandTec End-to-End Promotion Management(TM), a complete solution for managing the complex promotion process with external and internal collaboration.

"DemandTec is committed to providing Giant-Carlisle with improved efficiencies and effectiveness in their pricing and promotions, as well as more productive relationships with their suppliers. We are proud of our association with such an innovative retailer and to be helping them in meeting their current and future needs," said Dan Fishback, president and chief executive officer of DemandTec.

About Giant-Carlisle, LLC

Giant-Carlisle, LLC, one of the leading supermarket operations in the U.S., currently operates stores in Pennsylvania, Maryland, Virginia, and West Virginia under the names of Giant Food Stores, Martin's Food Markets and FoodSource. As a company, Giant is proud to work with hundreds of local organizations in the communities it serves and has a long-standing commitment to eradicate hunger and improve the quality of life for children. For more information about Giant Food Stores, visit http://www.giantfoodstores.com/.

About DemandTec

DemandTec enables retailers and consumer products companies to optimize merchandising and marketing decisions, individually or collaboratively, to achieve their sales volume, revenue, and profitability objectives. DemandTec software services utilize DemandTec's science-based software platform to model and understand consumer behavior. DemandTec customers include more than 140 leading retail and consumer products manufacturers such as Advance Auto Parts, Best Buy, Circle K Stores, ConAgra Foods, Delhaize America, Dr Pepper Snapple Group, General Mills, Giant-Carlisle, H-E-B Grocery Co., Hormel Foods, Monoprix, Safeway, Sara Lee and Tyson Foods. Connected via the DemandTec TradePoint Network(TM), DemandTec customers have collaborated online on more than 1.5 million trade deals. For more information, please visit http://www.demandtec.com/.

DemandTec Safe Harbor

This press release contains forward-looking statements regarding DemandTec's expectations, hopes, plans, intentions or strategies, including statements about the effectiveness of DemandTec's solutions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in DemandTec's documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to DemandTec as of the date hereof, and DemandTec assumes no obligation to update these forward-looking statements.

DemandTec and the DemandTec logo are registered trademarks of DemandTec, Inc. DemandTec Lifecycle Price Optimization(TM) and DemandTec End-to-End Promotion Management(TM) are trademarks of DemandTec, Inc. All other trademarks are the property of their respective owners.

DemandTec, Inc.

CONTACT: media, Cassandra Moren of DemandTec, Inc., +1-650-226-4690,
cassandra.moren@demandtec.com; or investors, Michael Kern of ICR,
+1-617-956-6731, michael.kern@icrinc.com, for DemandTec, Inc.

Web site: http://www.demandtec.com/
http://www.giantfoodstores.com/

Salesforce.com Acquires InStranet, Bringing Industry-Leading Knowledge Base Technology to Salesforce CRM Customer Service & SupportAccelerates salesforce.com's momentum in the enterprise call center market, adding game-changing technology and 350,000 global call center agentsPowerful knowledge base Dimensions technology rapidly delivers the right answer to customers and service agentsCompany adds industry leaders Comcast, Expedia, Orange, Royal and Sun Alliance, Vimpelcom, and Volkswagen Credit to the thousands of companies using Salesforce CRM Customer Service & Support

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 the acquisition of InStranet, the leading provider of knowledge management technology for business to consumer (B2C) call centers. The acquisition brings powerful knowledge base Dimensions technology to Salesforce CRM Customer Service & Support, enabling customers and call center agents around the world to quickly find the answer they need, the first time. The addition of this game-changing technology and approximately 350,000 global call center agents aggressively accelerates the momentum of Salesforce CRM Customer Service & Support in the growing customer service and support market, which is currently estimated at $3.4 billion by Gartner (Gartner, Market Trends: CRM Software, Worldwide, 2007-2012, March 31, 2008).

(Logo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO)

"I'd like to welcome the InStranet team to salesforce.com," said Marc Benioff, chairman and CEO at salesforce.com. "We're excited to add this unmatched technology to our SaaS applications and Force.com platform. Not only will it make our service and support offering stronger for our customers and further their success, but it will help catapult our growth in the customer service and support space."

"Delivering our technology as a service had become a key focus for us due to strong interest from our customers," said Alex Dayon, founder and CEO of InStranet. "This is an exciting opportunity for all of us at InStranet, and will be a huge leap forward for the SaaS market."

"This acquisition gives Salesforce CRM Customer Service & Support unique technology that provides a better approach to knowledge base management," said Sheryl Kingstone, director, Enterprise Research at Yankee Group. "And the timing is ripe -- companies have been asking for a better way to organize their corporate knowledge to serve customers, and this acquisition will help salesforce.com differentiate itself from the competition."

The Customer Service and Support Market Opportunity -- Turning Agents into Brand Champions and Customers into Evangelists

Among the top five providers of customer service applications, salesforce.com was the fastest growing by revenue in 2007 (Source: IDC, "Worldwide Customer Service Applications 2008 Vendor Shares: Economic Uncertainty Will Drive Service Applications," Doc # 213028, July 2008). Thousands of customers around the world such as Qualcomm, Transunion, Corporate Express, and Misys have already standardized on Salesforce CRM Customer Service & Support. According to Gartner, at least 75% of customer contact centers will use a form of SaaS by 2013 (Gartner, Magic Quadrant for CRM Customer Service Contact Centers, Maoz, March 19, 2008).

Traditional customer service and support vendors' "search and hope" approach using keyword search technology has been riddled with failure: Customers struggle because they can't find the right answer to their questions through Web-based self-service portals, and call center agents are more challenged than ever to help customers due to the large amount and complexity of information buried in their knowledge bases. According to IDC, searchers fail to find what they are looking for 30-50% of the time (Source: IDC, "Microsoft Buys Powerset Up the Web Search Ante," Doc # lcUS 21330608, July 2008).

InStranet has solved the customer service and support challenge by taking a completely different approach to knowledge base management through its patented knowledge base Dimensions technology, which adds the customer's context, such as product or geography, to the knowledge base to quickly hone in on the right solution and eliminate irrelevant search results. This powerful technology provides call center agents with accurate answers to customer questions at an unmatched speed and greatly improves customers' Web-based self-service experience, drastically reducing the number of calls to call center agents by frustrated customers. Given that Yankee Group estimates that a customer service call costs $5.50 on average (Yankee Group, Great Expectations: Self Service Success Can Happen, Kingstone, May 2006), InStranet's customers are saving money and providing higher levels of customer satisfaction.

In addition, because of the technology's open architecture, it provides rapid time to value, with deployments taking place in weeks as opposed to months. This approach has found tremendous customer success in the most demanding enterprises, including some of the world's largest call centers supporting more than 35,000 agents. Salesforce.com is adding this technology innovation as a key component to Salesforce CRM Customer Service & Support, enhancing its Call Center and Customer Portal applications in use today by thousands of companies around the world.

"Salesforce CRM Customer Service & Support has already revolutionized our support centers by bringing the benefits of SaaS to our support personnel around the globe," said Peter Rubenacker, vice president, Information Technology, Qualcomm. "The addition of this knowledge base Dimensions technology provides a valuable extension of their platform."

"This technology has had a significant impact on our ability to rapidly launch new clients and maximize our agents' efficiency. Our 7,000 customer service representatives use the solution on a daily basis, and I see further growth potential," said Alan Giles, CTO, Transcom. "InStranet discovered how to filter out the noise created by the explosion of information that customers and agents must navigate. The combination of InStranet's technology and Salesforce CRM makes a lot of sense."

Salesforce.com Acquires InStranet

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. This acquisition does not have an impact on salesforce.com's results for the second quarter of fiscal year 2009, which will be announced later today.

InStranet is headquartered in Chicago, IL, with most of its operations in Paris, France. As part of its ongoing commitment to customer success, salesforce.com will continue to support InStranet customers and plans to fully integrate the seasoned InStranet management team and employees.

Additional information will be available during salesforce.com's quarterly results call scheduled for 2:00pm PT/5:00 pm/ET today. Press, analysts, and investors may access the event by visiting http://www.salesforce.com/investor.

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 application, 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 April 30, 2008, salesforce.com manages customer information for approximately 43,600 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 our acquisition of InStranet, Inc., including statements about the market for InStranet and salesforce.com products and services and the growth of the customer service and support and knowledge base and knowledge management markets, 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 the integration of InStranet, and its technology, rates of growth in the customer service and support and knowledge base and knowledge management markets, acceptance by customers and partners of the solutions of the combined companies and our ability to retain and motivate InStranet employees.

Further information on these and other factors 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 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.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com Salesforce.com

CONTACT: Erin O'Keeffe of Salesforce.com, +1-415-536-6150,
eokeeffe@salesforce.com

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

Microsoft and Novell Expand Successful Interoperability RelationshipAdditional resources, training and investments to address growing customer demand.

WALTHAM, Mass., Aug. 20 /PRNewswire-FirstCall/ -- Microsoft Corp. and Novell Inc. are announcing an incremental investment in their relationship to meet accelerating customer demand for their business model solution, which is designed to build a bridge between open source and proprietary software to deliver interoperability and intellectual property (IP) peace of mind for organizations operating mixed-source IT environments.

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

The investment focuses on enhanced programs from Novell to provide tools, support, training and resources for customers seeking an enterprise-class Linux* platform and specifically, the optimal interoperability solution between Microsoft Windows Server and SUSE(R) Linux Enterprise Server from Novell(R). It also includes Microsoft's commitment to purchase up to $100 million in certificates that those customers can redeem for expanded support from Novell that includes SUSE Linux Enterprise Server support and support for moving toward an enterprise-class Linux platform. The investments will take effect Nov. 1, 2008, and between now and then Microsoft and Novell will solicit customer input and identify aspects of the support programs that will be most useful to organizations running mixed-source environments.

Customer response to the Microsoft-Novell model has been significant since it began in November 2006. As part of the initial five-year partnership agreement, Microsoft purchased $240 million of Novell certificates to sell to customers. Within 18 months, Novell invoiced more than $157 million in certificate revenues, or 65 percent of the original allotment. Customers who have already taken advantage of this opportunity to seamlessly run both Windows Server and SUSE Linux Enterprise Server include Wal-Mart Stores Inc., HSBC Holdings, Renault, Southwest Airlines Co., BMW and many other leading companies around the world.

"Cross-platform interoperability is something that we all want and need to achieve. But it's difficult to accomplish this," said Ulrich Koch, Head of License Management T-Systems Enterprise Services. "The pragmatic approach Microsoft and Novell are taking to address this complex challenge, including IP assurance, through engineering as well as offering tangible support and training programs, will make it easier for us to develop a path forward."

With today's announcement of the enhanced relationship, customers will continue to realize unprecedented choice and flexibility of running both SUSE Linux Enterprise Server and Windows Server with the confidence that both operating systems will work together seamlessly in the datacenter. Novell and Microsoft, through their joint interoperability lab in Cambridge, Mass., and other initiatives, will continue their close technical collaboration on a wide variety of solutions including virtualization, systems management, directory and identity federation, document format compatibility, accessibility technology, and the Moonlight multimedia framework.

More information about the Microsoft and Novell agreement can be found at http://www.moreinterop.com/.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Novell and SUSE are registered trademarks of Novell Inc. in the U.S. and other countries.

*Linux is a registered trademark of Linus Torvalds.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Ian Bruce of Novell, +1-781-464-8034, ibruce@novell.com; or
Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070,
rrt@waggeneredstrom.com, for Microsoft

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

Rockford Fosgate Initiates First Annual 'Conquer the Rock-for-Fosgate' ContestRockford Fosgate attends Nissan(R) enthusiasts 'goneMOAB' event in Utah

TEMPE, Ariz., Aug. 20 /PRNewswire-FirstCall/ -- Rockford Corporation today announced they selected winners for their "Conquer the Rock-for-Fosgate" contest sponsored at the 2008 goneMOAB event in Moab, UT the week of May 18th, 2008. The goneMOAB event is the premier gathering of Nissan truck and SUV enthusiasts featuring off-road trails for everyone, from the first time 4x4 adventurers to the most skillful of rock-crawling and extreme trail experts.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080820/LAW010)

The "Conquer the Rock-for-Fosgate" contest encouraged Nissan enthusiasts in attendance to submit a photo of their Nissan vehicle in an impressive off-road setting. With Moab's steep inclines, massive boulders and rugged trails abound, the ingredients for award-winning photos weren't tough to come by. The top three photos were selected and prizes are being awarded, including a complete Rockford Fosgate audio system for Tyler Hagan, the first place winner. Every contestant who entered will receive a shirt and banner for participating. The winning photos will be found at http://www.rockfordfosgate.com/ within the days to come.

Rockford Fosgate's high performance audio systems are available in numerous Nissan vehicles including the Xterra and Frontier, which were found traversing the challenging terrain Moab is famous for during the event. For 2009, these models are offering Rockford Fosgate premium audio systems that feature a cutting-edge new DSP amplifier for better than ever sonic performance. The premium audio systems produce detailed and accurate sound, along with the legendary deep and powerful bass customers call the PUNCH(R) -- that feeling of power at impact. The Rockford Fosgate audio systems, sure to impress any music lover who demands the best, are available later this year when the 2009 Xterra and Frontier begin arriving at dealerships.

"As Nissan's high-performance audio partner, we enjoy every opportunity to support the enthusiasts who are passionate about Nissan off-roading," says Dan Vandenbergh, Rockford Fosgate OEM Managing Director, "This year's goneMOAB was a fun and memorable event for everyone involved, we are already looking forward to participating again next year."

Congratulations to Tyler Hagan, Chris Patrick and Jonathan Williams, our winners for the 2008 Conquer the Rock-for-Fosgate photo contest.

About Rockford Corporation (http://www.rockfordcorp.com/)

Rockford is a designer, manufacturer and distributor of high-performance audio systems for the mobile audio aftermarket and for the OEM market. Rockford's mobile audio products are marketed primarily under the Rockford Fosgate, Rockford Acoustic Design and Lightning Audio brand names.

Brand websites include: http://www.rockfordfosgate.com/, http://www.rockfordacousticdesign.com/, http://www.lightningaudio.com/ and http://www.installedge.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080820/LAW010
PRN Photo Desk, photodesk@prnewswire.com Rockford Corporation

CONTACT: Dan Vandenbergh of Rockford Corporation, +1-480-517-3041,
dan.vandenbergh@rockfordcorp.com

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

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