SAIC Awarded $31 Million Task Order from the Office of the Assistant Secretary of the ArmyCompany to Provide Technical Services and Analytical Support

SAN DIEGO and MCLEAN, Va., Aug. 21 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced that it has been awarded the Professional Support Services task order from the Office of the Assistant Secretary of the Army for Acquisition, Logistics and Technology (ASA(ALT)) to provide a broad range of technical services and analytical support. The General Services Administration task order has a one-year base period of performance, two one-year options, and a total contract value of more than $31 million if all options are exercised. Work will be performed primarily in the National Capital Region.

ASA(ALT) develops, acquires, fields, and sustains military systems to meet the Army's current and future mission requirements. SAIC will assist in systems management; systems integration; strategic communications; plans, programs, and resources; and Army modernization efforts.

"We are proud to continue the support we have provided to the Army's acquisition executive for the past 15 years," said Beverly Seay, SAIC senior vice president and business unit general manager. "Our institutional knowledge combined with our unique acquisition and logistics capabilities will help us assist the Army in getting warfighters what they need when they need it."

About SAIC

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

SAIC: From Science to Solutions(R)

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

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

SAIC

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

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

ShoreTel Reports Financial Results for Fourth Quarter and Fiscal Year 2008Record Fourth Quarter Revenue Drives Fiscal Year Revenue Growth of 32 Percent

SUNNYVALE, Calif., Aug. 21 /PRNewswire-FirstCall/ -- ShoreTel, Inc., , a leading provider of Pure IP Unified Communications solutions, today announced financial results for the fourth quarter and fiscal year ended June 30, 2008.

For the fourth quarter of 2008, revenue was a record $34.7 million, an increase of 10 percent over the third fiscal quarter and an increase of 20 percent over the fourth quarter of 2007. GAAP gross margin for the fourth quarter of 2008 improved to 62.5 percent from 62.0 percent in the third quarter. GAAP net loss was $47,000, or $(0.00) per share, in the fourth quarter of 2008 compared to a loss of $1.7 million, or $(0.04) per share, in the third quarter and net income of $1.9 million, or $0.05 per diluted share, in the fourth quarter of 2007. GAAP results in the fourth quarter of 2008 included $2.0 million in stock-based compensation expenses, compared to $633,000 in the fourth quarter of 2007.

Excluding these stock-based compensation charges and related tax adjustments, non-GAAP net income for the fourth quarter of 2008 was $1.7 million, or $0.04 per diluted share, compared to $0.3 million, or $0.01 per diluted share, in the third quarter and $2.5 million, or $0.07 per diluted share, in the fourth quarter of 2007.

For fiscal year 2008, revenue was a record $128.7 million, an increase of 32 percent compared to fiscal year 2007 revenue of $97.8 million. GAAP net income for the fiscal year was $2.6 million, or $0.06 per diluted share, compared to GAAP net income of $6.0 million, or $0.17 per diluted share, in fiscal year 2007. GAAP net income in fiscal year 2008 included $6.9 million in stock-based compensation expenses, compared to $2.7 million in fiscal year 2007.

Excluding the above-mentioned charges and related tax adjustments, non- GAAP net income for fiscal year 2008 was $9.3 million, or $0.21 per diluted share, compared to non-GAAP net income of $8.7 million, or $0.24 per diluted share, in fiscal year 2007.

GAAP gross margin for fiscal year 2008 improved to 63.1 percent from 62.6 percent in fiscal year 2007.

As of June 30, 2008, the company had $103 million in cash and cash equivalents and short-term investments.

"We are pleased to have delivered solid fiscal year growth of 32 percent over last year and to have ended our fiscal year with record fourth quarter revenue that grew by 10 percent sequentially," said John W. Combs, chairman and CEO of ShoreTel. "We enter fiscal 2009 with a very strong foundation for growth. Our Unified Communications platform is acknowledged as the best in the industry and we have strengthened our distribution channel significantly during the year, particularly with the addition of two key national partners."

Operational Highlights for Fiscal Year 2008 PRODUCTS

In November 2007, ShoreTel introduced ShoreTel 7.5, which included new switches that provide nearly twice the capacity in half the size, as well as a new switch designed to support international trunking. The company also began shipping the IP 265, a mid-range color phone, and a new entry-level phone with speakerphone capabilities. In addition, the release introduced ShoreTel's Mobile Call Manager, a version of the company's Personal Communications Manager desktop client, designed to run on select mobile phones.

In January 2008, the company introduced the ShorePhone(R) IP 565 telephone with color display, embedded Bluetooth, and gigabit Ethernet capability. The telephone has shipped globally with positive customer response.

In March 2008, the company introduced its ShoreWare(R) Contact Center v.4.66, a suite of applications that dramatically improves customer service while reducing the cost of deploying and maintaining a high-performance inbound or outbound contact center.

Also in March 2008, the company began shipping ShoreTel 8, providing customers with a rich Unified Communications client, a new branch office switch, and expanded openness through the introduction of a SIP device-side interface.

PARTNERSHIP/DISTRIBUTION DEVELOPMENTS

During the year, ShoreTel significantly increased its national market presence by entering into two major U.S. distribution agreements including one with Black Box Corporation. Revenues from national partners increased nearly 145 percent in fiscal 2008.

In June 2008, ShoreTel continued to extend its geographical reach by expanding its relationship with Black Box to include Australia and the United Kingdom.

The company more than doubled its number of international distribution and reseller partners during the year.

ShoreTel began working with IBM to integrate ShoreTel's distributed Unified Communications solutions with IBM's Unified Communications and collaboration platform, IBM Lotus Sametime 8. The resulting plug-ins are intended to allow joint customers to access ShoreTel's powerful distributed IP telephony features within their IBM Lotus applications including Lotus Sametime 8 and Lotus Notes 8 running Sametime embedded.

In addition, ShoreTel demonstrated its integration with Microsoft Exchange 2007, which allows ShoreTel users to store their voicemail on an Exchange server and access it via Microsoft's speech or Outlook user interface.

ACCOMPLISHMENTS/AWARDS

ShoreTel was named Best Overall Voice Over IP Provider for the fifth year in a row in the Nemertes PilotHouse Awards for Unified Communications and Collaboration. ShoreTel was recognized for having the highest ratings in the following categories: Technology, Product Features, Customer Service, Value, Solution Experience, Ease of Installation and Troubleshooting, and UC Vision.

For the second year in a row, the company won the 2008 "Best in VoiceCon" Award, which recognizes new and exceptional enterprise IP Unified Communications solutions. ShoreTel received the award for its ShoreTel 7.5 Unified Communications system, which it demonstrated at the VoiceCon show in Orlando, Florida.

The company was honored with Technology Marketing Corporation's Customer Interaction Solutions magazine 2008 IP Contact Center Technology Pioneer Award for ShoreTel ShoreWare(R) v4.66.

The company was also recognized for fast growth by several indices including Deloitte and Touche's Deloitte Technology Fast 500 and Deloitte Fast 50 in Silicon Valley, Inc Magazine's The Inc 5000, the Silicon Valley/San Jose Business Journal's Fastest Growing Company's list, and the San Jose Mercury News' Silicon Valley 150.

Business Outlook

ShoreTel is providing the following outlook for the quarter ending September 30, 2008:

-- Revenue is expected to be in the range of $32 million to $36 million. -- GAAP gross margins are expected to be in the range of 61 percent to 62 percent, including approximately $200,000 in stock-based compensation expense. Non-GAAP gross margins, which exclude stock-based compensation expenses, are expected to be in the range of 62 percent to 63 percent. -- GAAP operating expenses are expected to be in the range of $24 million to $25 million, including approximately $2 million in stock-based compensation expenses. Non-GAAP operating expenses, which exclude stock-based compensation expenses, are expected to be in the range of $22 million to $23 million. Use of Non-GAAP Financial Measures

ShoreTel reports all required financial information in accordance with generally accepted accounting principles (GAAP), but it believes that evaluating its ongoing operating results may be difficult to understand if limited to reviewing only GAAP financial measures. Many investors have requested that ShoreTel disclose this non-GAAP information because it is useful in understanding the company's performance as it excludes non-cash charges and related tax adjustments that many investors feel may obscure the company's true operating performance. Likewise, management uses these non-GAAP measures to manage and assess the profitability of its business and does not consider stock-based compensation expenses, which are non-cash charges, in managing its core operations. ShoreTel has provided a reconciliation of non- GAAP financial measures following the text of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measure.

Conference Call Details for August 21, 2008

ShoreTel will host a corresponding conference call and live Webcast at 2:30 p.m. Pacific Daylight Time on August 21, 2008. To access the conference call, dial +1-877-584-6502 for the U.S. or Canada and +1-706-679-0430 for international callers and provide the operator with the conference identification number of 54271493. The Webcast will be available live on the Investor Relations section of the company's corporate Web site at http://www.shoretel.com/, and via replay beginning approximately two hours after the completion of the call until the company's announcement of its financial results for the next quarter. An audio replay of the call will also be available to investors beginning at approximately 4:30 p.m. Pacific Daylight Time on August 21, 2008 until 11:59 p.m. Pacific Daylight Time on August 28, 2008, by dialing +1-800-642-1687 or +1-706-645-9291 for callers outside the U.S. and Canada and entering the conference identification number of 54271493.

Legal Notice Regarding Forward-Looking Statements

ShoreTel assumes no obligation to update the forward-looking statements included in this release. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws, including, without limitation, statements by John W. Combs, statements regarding future products and statements in the "Business Outlook" section regarding ShoreTel's anticipated future revenues, gross margins, operating expenses and other financial information. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The risks and uncertainties include general economic conditions, particularly in the United States, and the impact thereof on information technology spending, the intense competition in our industry, our reliance on third parties to sell and support our products, supply and manufacturing risks, unforeseen development or manufacturing issues, our ability to control costs as we expand our business, uncertainty as to market acceptance of new products and services, costs of, and customer reaction to, our pending litigation and other risk factors set forth in ShoreTel's Form 10- K for the year ended June 30, 2007 and in its Form 10-Q for the quarter ended March 31, 2008.

About ShoreTel, Inc.

ShoreTel, Inc., is a leading provider of Pure IP Unified Communications solutions. ShoreTel enables companies of any size to seamlessly integrate all communications-voice, video, messaging and data -with their business processes. Independent of device or location, ShoreTel's distributed software architecture eliminates the traditional costs, complexity and reliability issues typically associated with other solutions. ShoreTel continues to deliver the highest levels of customer satisfaction, ease of use and manageability while driving down the overall total cost of ownership. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit http://www.shoretel.com/ or call 1-877-80SHORE.

Investor Contact: Tonya Chin 408-962-2573 tchin@shoretel.com (TABLES TO FOLLOW) SHORETEL, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands) (Unaudited) As of As of As of June 30, March 31, June 30, 2008 2008 2007 ASSETS Current assets: Cash and cash equivalents $68,672 $95,981 $17,326 Short-term investments 34,139 7,000 - Accounts receivable, net of allowance for doubtful accounts of $414, $544 and $320 as of June 30, 2008, March 31, 2008 and June 30, 2007, respectively 21,909 20,922 19,411 Inventories 12,008 11,328 7,057 Prepaid expenses and other current assets 5,063 4,151 3,372 Total current assets 141,791 139,382 47,166 Property and equipment - net 3,649 3,646 2,933 Other assets 2,357 2,228 2,935 Total assets $147,797 $145,256 $53,034 LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK, AND SHAREHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable $5,952 $8,214 $7,433 Accrued liabilities and other 4,420 3,778 2,807 Accrued employee compensation 5,547 4,998 3,782 Deferred revenue 13,879 13,046 10,126 Total current liabilities 29,798 30,036 24,148 Long-term liabilities: Preferred stock warrant liability - - 549 Long-term deferred revenue 4,786 4,698 3,825 Total long-term liabilities 4,786 4,698 4,374 Total liabilities 34,584 34,734 28,522 Redeemable convertible preferred stock - - 56,341 Shareholders' equity (deficit): Common stock 195,596 192,803 53,206 Deferred stock compensation (142) (163) (237) Accumulated other comprehensive loss (76) - - Accumulated deficit (82,165) (82,118) (84,798) Total shareholders' equity (deficit) 113,213 110,522 (31,829) Total liabilities and shareholders' equity (deficit) $147,797 $145,256 $53,034 SHORETEL, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands, except per share amounts) (Unaudited) Three Months Ended Year Ended June 30, June 30, 2008 2007 2008 2007 Revenue: Product $29,504 $25,622 $110,496 $87,095 Support and services 5,200 3,301 18,233 10,732 Total revenues 34,704 28,923 128,729 97,827 Cost of revenue Product (1) 10,001 8,480 37,451 29,751 Support and services (2) 3,006 1,984 9,994 6,837 Total cost of revenue 13,007 10,464 47,445 36,588 Gross profit 21,697 18,459 81,284 61,239 Gross profit % 62.5% 63.8% 63.1% 62.6% Operating expenses: Research and development (3) 7,163 5,774 26,691 17,224 Sales and marketing (4) 10,345 7,685 37,780 26,126 General and administrative (5) 4,310 3,290 17,420 11,673 Total operating expenses 21,818 16,749 81,891 55,023 Income (loss) from operations (121) 1,710 (607) 6,216 Other income 750 280 4,101 273 Income before provision for income taxes 629 1,990 3,494 6,489 Provision for income taxes (676) (97) (861) (408) Net income (loss) (47) 1,893 2,633 6,081 Accretion of preferred stock - (13) - (50) Net income (loss) available to common shareholders $(47) $1,880 $2,633 $6,031 Net income (loss) per share available to common shareholders: Basic (6) $0.00 $0.20 $0.06 $0.70 Diluted (7) $0.00 $0.05 $0.06 $0.17 Shares used in computing net income (loss) per share available to common shareholders: Basic (6) 42,988 9,237 42,413 8,565 Diluted (7) 42,988 35,852 44,861 35,581 Includes stock-based compensation as follows: (1) Cost of product revenue $15 $5 $59 $12 (2) Cost of support and services revenue 151 44 503 99 (3) Research and development 537 194 1,885 384 (4) Sales and marketing 645 202 2,358 533 (5) General and administrative 649 188 2,135 1,658 $1,997 $633 $6,940 $2,686 (6) Basic net income per share and share count have been computed using the weighted average number of common shares outstanding and do not include the dilutive effect of redeemable convertible preferred stock which existed for the three months and year ended June 30, 2007. (7) Diluted net income per share and share count reflect the weighted average number of common shares used in the basic net income per share calculation plus the effects of all potentially dilutive securities, including the assumed conversion of redeemable convertible preferred stock which existed for the three month and year ended June 30, 2007. Potentially dilutive securities were not included in the compilation of diluted net loss per share for the three months ended June 30, 2008, because to do so would have been anti-dilutive. SHORETEL, INC. RECONCILIATION OF GAAP NET INCOME (LOSS) TO NON-GAAP NET INCOME (Amounts in thousands, except per share amounts) (Unaudited) Three Months Ended Year Ended June 30, June 30, 2008 2007 2008 2007 GAAP gross profit $21,697 $18,459 $81,284 $61,239 Stock-based compensation in product cost of revenue (a) 15 5 59 12 Stock-based compensation in support and services cost of revenue (a) 151 44 503 99 Non-GAAP gross profit $21,863 $18,508 $81,846 $61,350 GAAP gross profit % 62.5% 63.8% 63.1% 62.6% Stock based compensation (a) 0.5% 0.2% 0.5% 0.1% Non-GAAP gross profit % 63.0% 64.0% 63.6% 62.7% Total GAAP operating expenses $21,818 $16,749 $81,891 $55,023 Stock based compensation included in research and development (a) (537) (194) (1,885) (384) Stock based compensation included in sales and marketing (a) (645) (202) (2,358) (533) Stock based compensation included in general and administrative (a) (649) (188) (2,135) (1,658) Total non-GAAP operating expenses $19,987 $16,165 $75,513 $52,448 GAAP net income (loss) available to shareholders: $(47) $1,880 $2,633 $6,031 Adjustments for stock-based compensation (a) 1,997 633 6,940 2,686 Tax effect of non-GAAP adjustments (207) - (273) - Non-GAAP net income available to shareholders $1,743 $2,513 $9,300 $8,717 GAAP diluted net income per share (b): $0.00 $0.05 $0.06 $0.17 Adjustments for stock-based compensation (a) $0.04 $0.02 $0.15 $0.07 Tax effect of non-GAAP adjustments $- $- $- $- Non-GAAP diluted net income per share (b): $0.04 $0.07 $0.21 $0.24 (a) Due to the nature of the variables that impact the Company's valuation of stock-based compensation, some of which are outside the control of management, and the non-cash nature of stock-based compensation charges, these expenses are excluded by management when evaluating the Company's core operating results. (b) Diluted net income per share and share count reflect the weighted average number of common shares used in the basic net income per share calculation plus the effects of all potentially dilutive securities, including the assumed conversion of redeemable convertible preferred stock which existed for the three month and year ended June 30, 2007. Potentially dilutive securities were not included in the computation of GAAP diluted net loss per share for the three months ended June 30, 2008, because to do so would have been anti-dilutive. SHORETEL, INC. RECONCILIATION OF GAAP TO NON-GAAP PROJECTIONS (Amounts in thousands) (Unaudited) Quarter Ended September 30, 2008 High Low GAAP gross profit % 62.0% 61.0% Adjustments for stock-based compensation 1.0% 1.0% Non-GAAP gross profit % 63.0% 62.0% Total GAAP operating expenses $25,000 $24,000 Adjustments for stock-based compensation $(2,000) $(2,000) Total non-GAAP operating expenses $23,000 $22,000

ShoreTel, Inc.

CONTACT: Tonya Chin of ShoreTel, Inc., +1-408-962-2573,
tchin@shoretel.com

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

RADA Electronic Industries Announces Q2 2008 Results

NETANYA, Israel, August 21 /PRNewswire-FirstCall/ -- RADA Electronic Industries Ltd. (Nasdaq Capital Market: RADA) today reported its financial results for the second quarter ended June 30, 2008. Revenues were $3.6 million compared to $4.2 million in the second quarter of 2007. Operating loss for the second quarter of 2008 was $376,000 compared to operating income of $55,000 in the second quarter of 2007 and financing expenses were $294,000 for the second quarter of 2008, compared to $142,000 in the second quarter of 2007. As a result, the company reported a net loss of $672,000 for the second quarter of 2008, compared to a net loss of $90,000 in the second quarter of 2007.

Commenting on the results, Zvika Alon, RADA's CEO said, "Our income this quarter was approximately as expected while our expenses were higher compared to the same period in 2007 mainly due to the continued devaluation of the U.S. dollar against the Israeli Shekel.

"Based on our current backlog and pipeline and as indicated in our first quarter release, we expect higher revenues during the second half of 2008 resulting in an increase in 2008 revenues in comparison to 2007."

About RADA

RADA Electronic Industries Ltd. is an Israel based company involved in the military and commercial aerospace industries. The Company specializes in Avionics systems (Digital Video Recorders, Ground Debriefing Stations, Stores Management Systems, Flight Data Recorders, Inertial Navigation Systems), Trainers Upgrades, Avionics systems for the UAV market, and Electro optic cameras for airplanes and armored vehicles.

Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.

CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands, except share and per share data June 30, December 2008 31, 2007 Unaudited Audited ASSETS CURRENT ASSETS: Cash and cash equivalents $ 944 $ 835 Restricted cash 872 598 Trade receivables (net of allowance for doubtful accounts of $ 62 at June 30, 2008 and December 31, 2007) 2,892 4,907 Other accounts receivable and prepaid expenses 930 305 Costs and estimated earnings in excess of billings on uncompleted contracts 1,276 701 Inventories 3,548 2,609 Total current assets 10,462 9,955 LONG-TERM RECEIVABLES AND DEPOSITS: Long-term receivables 933 983 Leasing deposits 57 57 Severance pay fund 2,450 2,038 Total long-term receivables and deposits 3,440 3,078 PROPERTY AND EQUIPMENT, NET 3,018 2,745 OTHER ASSETS: Intangible assets, net 1,193 1,414 Goodwill 429 214 Total other assets 1,622 1,628 Total assets $ 18,542 $ 17,406 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short-term bank credit and current maturities of long-term loans $ 175 $ 490 Trade payables 1,836 1,472 Other accounts payable and accrued expenses 4,049 3,666 Deferred revenues 746 181 Billings in excess of costs and estimated earnings on uncompleted contracts 91 88 Total current liabilities 6,897 5,897 LONG-TERM LIABILITIES: Loan from shareholders, net 70 261 Convertible note from a shareholder, net 1,785 1,622 Long-term loan 262 - Accrued severance pay 2,928 2,442 Total long-term liabilities 5,045 4,325 MINORITY INTERESTS 544 459 SHAREHOLDERS' EQUITY: Share capital - Ordinary shares of NIS 0.015 par value - Authorized: 16,333,333 shares at June 30, 2008 and December 31, 2007; Issued and outstanding: 8,858,553 and 8,705,788 shares at June 30, 2008 and December 31, 2007 respectively 119 116 Additional paid-in capital 69,433 68,968 Accumulated other comprehensive income 305 - Accumulated deficit (63,801) (62,359) Total shareholders' equity 6,056 6,725 Total liabilities and shareholders' equity $ 18,542 $ 17,406 CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands, except per share data Three months ended Six months ended June 30, June 30, 2008 2007 2008 2007 (Unaudited) Revenues 3,616 4,204 7,307 6,958 Cost of revenues 3,001 3,262 6,055 5,543 Gross profit 615 942 1,252 1,415 Operating expenses: Research and development 138 94 232 149 Marketing and selling 332 383 699 682 General and administrative 521 410 1,016 868 Total operating expenses: 991 887 1,947 1,699 Operating income (loss) 376 55 (695) (284) Financial expense, net 294 142 726 324 (670) (87) (1,421) (608) Minority interests in income of subsidiary 2 3 21 13 Net loss $ (672) $ (90) (1,442) $ (621) Net loss per share: Basic and diluted net loss per share $ (0.08) $ (0.01) $ (0.16) $ (0.07) Contact: Shiri Lazarovich- C.F.O, RADA Electronic Industries Ltd., Tel: +972-9-8921111

RADA Electronic Industries Ltd.

CONTACT: Contact: Shiri Lazarovich - C.F.O, RADA Electronic Industries
Ltd., Tel: +972-9-8921111

SXC Health Solutions to present at the 2008 Thomas Weisel Partners Healthcare Conference

LISLE, IL, Aug. 21 /PRNewswire-FirstCall/ -- SXC Health Solutions Corp. ("SXC" or the "Company") , a leading provider of pharmacy benefits management services, announces that Mark Thierer, President and CEO, and Jeff Park, CFO, will present at the 2008 Thomas Weisel Partners Healthcare Conference at the Four Seasons Hotel in Boston, Massachusetts. SXC's presentation will take place on Wednesday, September 3, 2008 at 2:40 pm ET.

SXC's presentation will be webcast live. To access the webcast go to: http://www.veracast.com/webcasts/twp/healthcare08/79112295.cfm

About SXC Health Solutions Corp.

SXC Health Solutions Corp. is a leading provider of pharmacy benefits management (PBM) services and Health Care Information Technology (HCIT) solutions to the healthcare benefits management industry. The Company's product offerings and solutions combine a wide range of software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as Federal, provincial, and, state and local governments, pharmacy benefit managers, managed care organizations, retail pharmacy chains and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada. For more information please visit http://www.sxc.com/.

SXC Health Solutions Inc.

CONTACT: Jeff Park, Chief Financial Officer, SXC Health Solutions, Inc.,
Tel: (630) 577-3206, investors@sxc.com; Dave Mason, Investor Relations, The
Equicom Group Inc., (416) 815-0700 ext. 237, dmason@equicomgroup.com; Susan
Noonan, Investor Relations - U.S., The SAN Group, LLC, (212) 966-3650,
susan@sanoonan.com

comScore Releases July 2008 U.S. Search Engine Rankings

RESTON, Va., Aug. 21 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly comScore qSearch analysis of the U.S. search marketplace. In July 2008, Americans conducted 11.8 billion core searches (up 2 percent versus June) as Google Sites slightly extended its lead in core search market share by 0.4 percentage points.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO) July 2008 U.S. Core Search Rankings

Google Sites led the U.S. core search market in July with 61.9 percent of the searches conducted, up from 61.5 percent in June, followed by Yahoo! Sites (20.5 percent), Microsoft Sites (8.9 percent), Ask Network (4.5 percent), and AOL LLC (4.2 percent).

comScore Core Search Report* July 2008 vs. June 2008 Total U.S. - Home/Work/University Locations Source: comScore qSearch 2.0 Share of Searches (%) Point Change Jun-08 vs. Core Search Entity Jun-08 Jul-08 May-08 Total Core Search 100.0% 100.0% NA Google Sites 61.5% 61.9% 0.4 Yahoo! Sites 20.9% 20.5% -0.4 Microsoft Sites 9.2% 8.9% -0.3 Ask Network 4.3% 4.5% 0.2 AOL LLC 4.1% 4.2% 0.1 * Based on the five major search engines including partner searches and cross-channel searches. Searches for mapping, local directory, and user-generated video sites that are not on the core domain of the five search engines are not included in the core search numbers.

Americans conducted 11.8 billion searches at the core search engines, representing a 2-percent gain versus June. Google Sites handled nearly 7.3 billion core searches (up 2 percent), followed by Yahoo! Sites with 2.4 billion and Microsoft Sites with 1 billion.

comScore Core Search Report* July 2008 vs. June 2008 Total U.S. - Home/Work/University Locations Source: comScore qSearch 2.0 Search Queries (MM) Percent Change Jun-08 vs. Core Search Entity Jun-08 Jul-08 May-08 Total Core Search 11,541 11,753 2% Google Sites 7,096 7,273 2% Yahoo! Sites 2,416 2,405 0% Microsoft Sites 1,056 1,045 -1% Ask Network 501 531 6% AOL LLC 471 499 6% * Based on the five major search engines including partner searches and cross-channel searches. Searches for mapping, local directory, and user-generated video sites that are not on the core domain of the five search engines are not included in the core search numbers. July U.S. Expanded Search Rankings

In the comScore July 2008 analysis of the top properties where search activity is observed, Google Sites led with 9.9 billion searches, a 4-percent increase versus June. Yahoo! Sites ranked second with 2.5 billion searches, followed by Microsoft Sites with 1.1 billion and AOL LLC with 814 million.

comScore Expanded Search Query Report July 2008 vs. June 2008 Total U.S. - Home/Work/University Locations Source: comScore qSearch 2.0 Search Queries (MM) Percent Change Jul-08 vs. Expanded Search Entity Jun-08 Jul-08 Jun-08 Total Expanded Search 16,668 17,158 3% Google Sites 9,601 9,945 4% Google 7,277 7,463 3% YouTube/All Other 2,324 2,482 7% Yahoo! Sites 2,570 2,546 -1% Yahoo! 2,530 2,510 -1% All Other 40 36 -10% Microsoft Sites 1,102 1,090 -1% MSN-Windows Live 1,069 1,058 -1% Microsoft/All Other 33 32 -3% AOL LLC 792 814 3% AOL Search Network 430 452 5% MapQuest/All Other 362 362 0% Fox Interactive Media 457 547 20% MySpace 448 539 20% All Other 9 8 -11% Ask Network 506 535 6% Ask.com 341 364 7% MyWebSearch.com/ All Other 165 171 4% eBay 444 435 -2% Craigslist.org 342 340 -1% Facebook.com 157 173 10% Amazon Sites 152 166 9%

To request more information on comScore qSearch 2.0, please visit http://www.comscore.com/contact

About comScore

comScore, Inc. is a global leader in measuring the digital world and the preferred source of digital marketing intelligence. 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/

VIDEO from Medialink and General Motors: Designing the Car of the Future

NEW YORK, Aug. 21 /PRNewswire/ -- From as close as Detroit to as far away as China, twenty one students around the world were chosen to design and engineer a hydrogen-powered car for the year 2020 as a part of the Annual Design Internship Program, by General Motors.

(See video from General Motors at: http://media.medialink.com/WebNR.aspx?story=35476)

Each team of interns had a designer, an engineer, a sculptor, and a trim and color artist. Together, they came up with six futuristic concept cars. In addition to being gas-free, the concept cars also had to meet the needs of international drivers in the emerging markets of China, India and Russia.

While these concept cars probably won't be available in showrooms anytime soon, the students have gained real world experience to help further their future careers, hopefully designing petroleum-free transportation for all of us.

Registered journalists can access video, audio, text, graphics and photos for free and unrestricted use at http://www.mediaseed.tv/.

08FF08-0090

Medialink and General Motors

CONTACT: Medialink, New York, +1-888-560-5578 , mediadesk@medialink.com

Web site: http://media.medialink.com/WebNR.aspx?story=35476
http://www.mediaseed.tv/

Leading Analyst Firm Positions Oracle(R) Identity Manager in Leaders Quadrant for User Provisioning

REDWOOD SHORES, Calif., Aug. 21 /PRNewswire-FirstCall/ -- -- Oracle(R) Identity Manager, part of the Oracle Identity and Access Management Suite, is positioned in the Leaders Quadrant in Gartner's Magic Quadrant for User Provisioning report.(1)

-- A key component of Oracle Fusion Middleware, Oracle Identity Manager is a user provisioning and administration solution that enables organizations to automate the process of adding, updating and deleting user accounts from applications and directories; and helps improve regulatory compliance by providing granular reports that attest to who has access to specific data, resources and information.

-- Gartner defines user-provisioning solutions as the main engine in support of identity administration activities. Gartner evaluated each vendor based in part on product capability, market performance, customer experience and overall vision.

Supporting Quotes

-- "The consolidating business landscape, compounded with more stringent regulatory and privacy requirements, have forced companies to re-examine how they manage users throughout their lifecycle with that company," said Amit Jasuja, vice president, Security and Identity Management Products, Oracle. "We believe Oracle's positive ratings in industry reports such as this validates our ability to deliver customers a best-in-class user provisioning and administration solution that helps automate the process of adding, updating, and deleting user accounts from applications and directories while improving regulatory compliance."

Related Resources Gartner Magic Quadrant for User Provisioning: http://mediaproducts.gartner.com/reprints/oracle/article35/article35.html Gartner Magic Quadrant for User Provisioning, 2H07: http://www.oracle.com/corporate/analyst/reports/infrastructure/index.html#sec.

The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor; product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO) Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

Reference herein to third party content, including analysis, opinions, predictions and statements, does not constitute or imply Oracle's endorsement of or concurrence with such content.

(1) Gartner, "Magic Quadrant for User Provisioning," Earl Perkins, Roberta

J. Witty, June 23, 2008

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Oracle

CONTACT: Letty Ledbetter, +1-650-506-8071, letty.ledbetter@oracle.com,
or Rebecca Hahn, +1-714-445-4611, Rebbeca.hahn@oracle.com, both of Oracle

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

Opportunities for EDGAR(R) Online(R) Business Solutions Grow as XBRL Adoption IntensifiesProposed SEC IDEA Opens Possibilities That Enable Corporations, Financial Institutions and Investors to Take Advantage of XBRL

NEW YORK, Aug. 21 /PRNewswire-FirstCall/ -- EDGAR Online, Inc. announced today that it supports the creation of IDEA (Interactive Data Electronic Applications) by the SEC as a replacement to the 1980s-era EDGAR System. IDEA is expected to employ XBRL interactive data technology which gives investors and analysts faster and easier access to key financial information about public companies and mutual funds.

"The overhaul of the EDGAR System is something EDGAR Online has advocated for years through its involvement in the development of XBRL as an interactive data solution," said Philip Moyer, CEO and President of EDGAR Online. "IDEA is built upon XBRL, the same platform underlying I-Metrix and our other core products and services. As a result, we are uniquely positioned to offer additional tools and services as other asset classes are moved into IDEA using XBRL."

EDGAR Online is a leading provider of value-added business and financial information on U.S. public companies and is currently the world's largest XBRL global data platform provider with a current and historical database of over 15,000 U.S. and global companies fully tagged using the latest XBRL specifications.

EDGAR Online is one of the eight founding members of the XBRL Consortium and was the first company in the world to deliver Chinese, Indian and South Korean public company fundamental data in addition to U.S. financial statement information to the marketplace using XBRL.

"We're at the tip of the iceberg on financial information yet to be tagged in XBRL and EDGAR Online is positioned to play a key role in providing tagging services, infrastructure and analytic tools to regulators, corporations, and investors looking to take advantage of this rapidly expanding format," said Moyer. "If the SEC's XBRL proposal is mandated, we expect approximately 2/3 of the world's market capitalization of public companies to be under a timetable for migrating to XBRL by year end.

The governments of Australia, Belgium, Canada, China, Denmark, France, Germany, India, Israel, Japan, Korea, Netherlands, Norway, Singapore, Spain, Sweden, Thailand, United Kingdom, and the United States have regulatory mandates or have voluntary filing programs for business reporting using XBRL for government reporting.

In March, EDGAR Online launched TryXBRL.com, the world's first public web site that allows access to view and analyze complete XBRL-tagged financial statements for over 12,000 publicly-traded corporations.

TryXBRL.com benefits anyone interested in learning about XBRL as applied to real-world financial statements. Corporate finance professionals exploring filing in XBRL with the SEC can educate themselves about the process and view their own historical financial information in a XBRL format. Investors and analysts can experience firsthand how XBRL reduces the complexity and costs associated with analyzing performance data.

EDGAR Online will be showcasing XBRL tools and services at the upcoming 18th XBRL International Conference in Washington, DC on October 15 & 16, 2008. EDGAR Online is a silver sponsor of the conference.

About EDGAR(R) Online, Inc.

EDGAR Online, Inc., http://www.edgar-online.com/, is a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals. The Company makes information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.

Use of Forward-Looking Statements

This press release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in EDGAR Online's filings with the SEC. EDGAR Online disclaims any obligation to update or revise any forward-looking statements

EDGAR(r) is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.

EDGAR Online, Inc.

CONTACT: T. David Colgren of Colcomgroup, Inc., +1-917-587-3708,
dcolgren@colcomgroup.com, for EDGAR Online, Inc.

Web site: http://www.edgar-online.com/

Simclar, Inc. Receives Notice of Potential Delisting

HIALEAH, Fla., Aug. 21 /PRNewswire-FirstCall/ -- Simclar, Inc. , a multi-plant electronics contract manufacturer, announced today that on August 18, 2008, it received a letter from the Nasdaq Staff advising the Company that the Company's failure to timely file its Quarterly Report on Form 10-Q for the three months ended June 30, 2008 has resulted in a failure to comply with the requirement for continued listing set forth in Nasdaq Marketplace Rule 4310(c)(14), and that the Company's common stock is, therefore, subject to delisting from the Nasdaq Capital Market. The Company intends to request a hearing before a Nasdaq Listing Qualifications Panel to review the Staff determination. It is the Company's intention to file its Form 10-Q for the quarter ended June 30, 2008 promptly following completion of the previously announced effort to identify and address problems associated with the implementation of a new ERP software system at its Mexican subsidiary, and it expects that this will occur before any action is taken by the Nasdaq Listing Qualifications Panel.

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

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

Simclar, Inc.

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

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

Ezenia! Inc. Joins Hewlett Packard's Developer and Solution Partner Program

NASHUA, N.H., Aug. 21 /PRNewswire-FirstCall/ -- Ezenia! Inc. (BULLETIN BOARD: EZEN) , a leading market provider of real-time collaboration solutions for corporate and government networks and eBusiness, today announced the company's acceptance into Hewlett-Packard's prestigious Developer and Solution Partner Program (DSPP).

Under the terms of the appointment, HP's network of DSPP program resellers can now access the Ezenia! reseller program for real-time secure collaboration solution, which is particularly well-suited to HP's carrier grade servers. Ezenia!'s product information will be included in the DSPP program catalog later this year.

"We are excited about our partnership with HP and believe our clients in the federal, state, local governments and the commercial market segment will benefit from this partnership. All of these sectors are seeking secure and sophisticated collaboration solutions and services," said Gene Wolf, Ezenia! Executive Vice President of Operations.

"Most importantly, Ezenia!'s government customers which require 100% uptime on their networks are already inclined to purchase carrier-class, fault tolerant servers. Knowing our scalable and reliable collaboration solution will work seamlessly on HP's fault-tolerant, carrier grade servers should prove to be a win-win for Ezenia!, HP, and all our customers," Wolf concluded.

Ezenia!'s InfoWorkSpace (IWS) secure collaboration solution

Ezenia!'s complete application suite, comprised of three seamlessly-integrated components working in unison with a simple single sign-on, provides a comprehensive, sophisticated, and empowering collaboration experience:

-- LaunchPad -- multiple work sessions of built-in VoIP audio conferencing integrated with global presence awareness, secure text chat and messaging, whiteboarding, co-authoring documents, shared data and presentation

-- InfoWorkSpace -- concurrent work sessions across virtual buildings, floors, offices, and conference rooms incorporating all the capabilities of LaunchPad plus secure data repository, threaded discussions, skill-based attendance, permission-based admission to meetings, clearance-based access to files and documents, surveillance capabilities, and sophisticated production tools, thereby enabling users to virtually clone themselves and participate in multiple meetings simultaneously

-- Conferencing Center -- multiple large group, auditorium-style session meetings with all the capabilities of InfoWorkSpace with total situational awareness, allowing for simultaneous participation by multiple, location- independent speakers in a panel discussion, geographically distributed large audience with virtual grouping and seating preferences, private side-bar interactions between presenters and participants, public questions and answers to panel and/or specific speakers, real-time voting and result posting, auditable transactions of all events within a conference with sequential or selective retrieval and playback, plus so much more

About Ezenia! Inc.

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

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

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

Media contact: Gene Wolf Executive VP of Ezenia! 603-589-7605 gwolf@ezenia.com

Ezenia! Inc.

CONTACT: Gene Wolf, Executive VP of Ezenia!, +1-603-589-7605,
gwolf@ezenia.com

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

Genetic Science Fuses With Video Game Technology in National Geographic Channel's Companion Documentary to Groundbreaking New Game SporeFrom Hand to Fin to Wing, How to Build a Better Being Examines Unexpected Genetic Truths Behind Highly Anticipated Simulation Game from Will WrightHow to Build a Better Being premieres on NGC Tuesday, Sept. 9, at 10:00 p.m. ET/PT

WASHINGTON, Aug. 21 /PRNewswire-USNewswire/ -- In the newest creation from Electronic Arts Inc. (EA) and video game pioneer and "The Sims" mastermind Will Wright, Spore(TM) enables players to design a virtual galaxy of new life, such as a one-eyed web-footed creature with a snout, and then control their species' evolution. But how much real-world science is behind this groundbreaking new game? And what genetic connections do people share with a universe of strange organisms?

On Tuesday, Sept. 9, at 10:00 p.m. ET/PT, National Geographic Channel (NGC) presents the premiere of How to Build a Better Being, the companion documentary to the highly anticipated new video game Spore, which will be released nationally on Sunday, Sept. 7. The show, which is also included in the limited run of the collectable "Spore Galactic Edition," joins Wright and leading scientists in exploring the genetic information we share with all animals -- even creatures we could never have envisioned. From prehistoric fish with wrists to 8-ton elephants with trunks, get powerful new insight into the origin of species and how our prized parts came to be. Then see how evolutionary creature-making is translated into a brave new world of gaming.

"What are the things that evolution has at its disposal to define a creature, to mix and match the parts, and eventually come up with a unique organism that's going to live its life and try to reproduce?"

-- Will Wright, gaming innovator, EA's Maxis Studio

Spore allows players to design bizarre creatures that mate, compete against predators, obtain better body parts and, if they survive, ultimately become spacefaring voyagers. Replicating creature-making within electronic gaming required Wright to develop an understanding of how evolution invents, recycles and repurposes parts. In How to Build a Better Being, Wright consults with top scientists on the latest discoveries in DNA development and explores how creatures with antennas, wings and six legs share a common family tree with all of us.

At UC Berkeley's Fly Lab, meet geneticist Michael Levine -- a key figure in a new science called "evo-devo" that studies embryonic development -- who offers Wright creative new insight into how genes build bodies and how the process can go terribly awry. Levine demonstrates with a mutant fruit fly that has legs where its antennae should be. We learn that eight master genes are so essential during development that any problems in these building blocks can transform a creature into a catastrophe.

These same genes don't exist just in flies; they're in animals and people, too. "With over 100,000 genes, we think we have genes that a lowly fruit fly would know nothing about. But this is not true," explains Levine. "All animals, including humans, have a very similar set of basic genes, and yet we're so different." Therefore, the finished body part may vary, from fins to wings to fingers, but underneath the exterior the genetic chassis is the same.

Next, we look at one of our strangest and most remote ancestors on the evolutionary tree: a worm. Paleontologist Neil Shubin explains how an ancient worm laid the foundation for our basic body plan. Symmetrical, streamlined, bilateral and laid out head to tail, most animal life on the planet is built on this fundamental design. For Spore, developers realized that making creatures bilateral, or identical on either side, needed to be hard-wired.

Then learn how something as versatile as a hand got its start in a 375-million-year-old fish with a neck and a wrist. Using the Spore game's unique visualization tools, Shubin gets a chance to bring the prehistoric fish to life. Other scientists, such as marine biologist and National Geographic Emerging Explorer Tierney Thys, strive to design the "ultimate animal" by using extensive knowledge of animal diversity -- like sea stars that move on hundreds of tube legs and travel in any direction.

"It's kind of a biologist's dream to be able to design your own animal," says Thys, "to pick and choose the traits of animal groups that you most enjoy ... Oh my gosh, I love this."

Will Wright revolutionized the computer game industry with SimCity(TM) and The Sims, games that offer remarkable simulations of cities and the lives of their residents that parallel the real world. Since its release in February 2000, The Sims has sold more than 100 million copies worldwide, making it the best-selling PC game in history. Will is the chief designer at Maxis, an Electronic Arts studio.

Spore will be released on Sunday, Sept. 7, 2008, for the PC, Mac, Nintendo DS(TM) and mobile phones. Spore gives players their own personal universe in a box. Create and evolve life, establish tribes, build civilizations, sculpt entire worlds and explore a universe filled with creations made by other gamers. Spore gives players a wealth of creative tools to customize nearly every aspect of their universe: creatures, vehicles, buildings and even spaceships.

How to Build a Better Being is produced for the National Geographic Channel by National Geographic Television (NGT). For NGT, producer, director and writer is Ron Bowman and executive producer is John Mernit. For NGC, executive producer is Howard Swartz, senior vice president of production and development is Juliet Blake and executive vice president of production is Steve Burns.

National Geographic Channel: Based at the National Geographic Society headquarters in Washington, D.C., the National Geographic Channel (NGC) is a joint venture between National Geographic Ventures (NGV) and Fox Cable Networks (FCN). Since launching in January 2001, NGC initially earned some of the fastest distribution growth in the history of cable and more recently the fastest ratings growth in television. The network celebrated its fifth anniversary January 2006 with the launch of NGC HD, which provides the spectacular imagery that National Geographic is known for in stunning high definition. NGC has carriage with all of the nation's major cable and satellite television providers, making it currently available to nearly 68 million homes. For more information, please visit http://www.natgeotv.com/.

Electronic Arts: Electronic Arts Inc. , headquartered in Redwood City, Calif., is the world's leading interactive entertainment software company. Founded in 1982, the company develops, publishes and distributes interactive software worldwide for video game systems, personal computers, cellular handsets and the Internet. Electronic Arts markets its products under four brand names: EA SPORTS(TM), EA(TM), EA SPORTS Freestyle(TM) and POGO(TM). In fiscal 2008, EA posted GAAP net revenue of $3.67 billion and had 27 titles that sold more than one million copies. EA's home page and online game site is http://www.ea.com/. More information about EA's products and full text of press releases can be found at http://info.ea.com/.

EA, EA SPORTS, EA SPORTS Freestyle, POGO, SimCity, The Sims and Spore are trademarks or registered trademarks in the United States and/or other countries. Nintendo DS is a trademark of Nintendo.

National Geographic Channel

CONTACT: Russell Howard, +1-202-912-6652, RHoward@natgeochannel.com,
Chris Albert, +1-202-912-6526, CAlbert@natgeochannel.com, Broadcast: Dara
Klatt, +1-202-912-6720, Dara.Klatt@natgeochannel.com, Photos: Christine
Elasigue, +1-202-912-6708, celasigu@ngs.org, all of the National Geographic
Channel; Radio: Johanna Ramos Boyer, +1-703-646-5137, Johanna@jrbcomm.com,
Print: Licet Ariza, for the National Geographic Channel, +1-202-496-2122,
LAriza@fratelli.com, Spore/Will Wright: Amanda Taggart, of Electronic Arts,
+1-510-428-4698, ataggart@ea.com

Web Site: http://info.ea.com/
http://www.ea.com/
http://www.natgeotv.com/

Onstream Media to Provide Comprehensive Internet Video Services for Multinational Latin-American Music Reality Contest- WorldVibe Entertainment Group's Es Mi Planeta Subsidiary Contracts for a Comprehensive Suite of Digital Media Services -

POMPANO BEACH, Fla., Aug. 21 /PRNewswire-FirstCall/ -- Onstream Media Corporation , an online service provider of live and on-demand Internet video, today announced it has signed a service agreement with Es Mi Planeta, a wholly owned subsidiary of The WorldVibe Entertainment Group, a full spectrum entertainment company specializing in television production, touring, merchandising and tech marketing. Onstream will provide the Internet video broadcasting for the group's new Batalla De Las Americas (Battle of the Americas) three-continent music reality contest. Onstream will also provide user generated video and on-demand and pay-per-view services for the show, along with being contracted to provide all required bandwidth for the duration of the agreement.

Batalla De Las Americas is a series of contests, supported by Es Mi Planeta and has been three years in the making. The online presence of Batalla De Las Americas will be launching in early September of 2008. Batalla De Las Americas will consist of a thirteen week series, broadcast both online and via terrestrial TV and first appearing during the first quarter of 2009. In a novel approach, Batalla De Las Americas will broadcast the first portion of each show throughout Latin America and the US through its media network consisting of more than twenty partners. The http://www.esmiplaneta.com/ platform will broadcast the second half of the event online utilizing Onstream Media's Digital Media Services Platform (DMSP).

"As our search for an online video provider unfolded, we quickly realized Onstream Media was the single services provider capable of supporting such a large scale project," said Pat Joyce, CEO, WorldVibe Entertainment Group, parent of Es Mi Planeta. "In the end, we selected Onstream for its tremendous breadth of services and experience working with other premier entertainment companies."

"Batalla De Las Americas is the first truly global, multi-continent reality show, and it is going to break new ground in the Internet age," said Randy Selman, president and CEO, Onstream Media Corporation. "Our ability to help Es Mi Planeta make the online video presence for the show available to tens of millions of people across the globe is a true honor. In support of the show's grand-scale needs, we are bringing to bear a comprehensive selection of Internet TV services in combination with Akamai's world-leading content delivery network. The combination of these technologies will give viewers the highest quality, richest online video experience possible."

The web presence for the program will include a custom user generated video (UGV) web site and associated content management solution (CMS) to support the upload, publishing, management, and viewing of professional content submitted by Es Mi Planeta's content partners.

About WorldVibe Entertainment Group

The WorldVibe Entertainment Group, parent of Es Mi Planeta, is a full spectrum entertainment company specializing in television production, touring, merchandising and tech marketing. Focused on providing the best in all forms of Latin entertainment to the 45 MM Latino consumers in North America, 370 MM in South America and 150 MM in Central America and Puerto Rico and in all aspects of entertainment, including Television, Film, Music, World Tours, Major Events and Home Video/DVD.

About Onstream Media:

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

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

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

Media Relations: Investor Relations: Chris Faust Brett Maas FastLane Communications Hayden Communications 973.226-4379 646-536-7331 cfaust@fast-lane.net brett@haydenir.com

Onstream Media Corporation

CONTACT: Media Relations, Chris Faust of FastLane Communications,
+1-973-226-4379, cfaust@fast-lane.net; or Investor Relations, Brett Maas,
Hayden Communications, +1-646-536-7331, brett@haydenir.com, both for Onstream
Media Corporation

Web site: http://www.onstreammedia.com/
http://www.esmiplaneta.com/

Logility Invites You to Join Its First Quarter Fiscal Year 2009 Conference Call on the Web

ATLANTA, Aug. 21 /PRNewswire-FirstCall/ -- In conjunction with Logility's First Quarter Fiscal Year 2009 earnings release , you are invited to listen to its conference call that will be broadcast live over the Internet on Friday, September 5, at 9:00 am ET with Mike Edenfield, President of Logility, Inc..

What: Logility's First Quarter Fiscal Year 2009 Earnings Release When: 9:00 am ET, September 5, 2008 Where: http://www.logility.com/ How: Live over the Internet -- Simply log on to the web at the address above Contact: Pat McManus, pmcmanus@logility.com About Logility

With more than 1,250 customers worldwide, Logility is a leading provider of collaborative supply chain planning solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions feature performance monitoring capabilities in a single Internet-based framework and provide supply chain visibility; demand, inventory and replenishment planning; sales and operations planning; supply and global sourcing optimization; transportation planning and execution; and warehouse management. Demand Solutions provide forecasting, demand planning and point-of-sale analysis for maximizing profits in manufacturing, distribution and retail operations. Logility customers include Avery Dennison Corporation, BP (British Petroleum), Hyundai Motor America, Leviton Manufacturing Company, McCain Foods, Pernod Ricard, Remington Products Company, Sigma Aldrich, Under Armour Performance Apparel and VF Corporation. Logility is a majority-owned subsidiary of American Software . For more information about Logility, call 1-800-762-5207 or visit http://www.logility.com/.

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.logility.com/. To access the replay, click on Investor Relations.

Logility, Inc.

CONTACT: Pat McManus, Logility, Inc., pmcmanus@logility.com

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

American Software, Inc. Invites You to Join Its First Quarter Fiscal Year 2009 Conference Call on the Web

ATLANTA, Aug. 21 /PRNewswire-FirstCall/ -- In conjunction with American Software's First Quarter Fiscal Year 2009 earnings release , you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, September 4 at 5:00 pm ET.

What: American Software, Inc.'s First Quarter Fiscal Year 2009 Earnings Release When: September 4, 2008 5:00 pm ET Where: http://www.amsoftware.com/ How: Live over the Internet -- Simply log on to the web at the address above Contact: Pat McManus, pmcmanus@amsoftware.com About American Software, Inc.

Headquartered in Atlanta, American Software develops, markets and supports one of the industry's most comprehensive offering of integrated business applications, including supply chain management, Internet commerce, financial, warehouse management and manufacturing packages. e-Intelliprise(TM) is a total ERP/supply chain management suite, which leverages Internet connectivity and includes multiple manufacturing methodologies. American Software owns 88% of Logility, Inc. , a leading supplier of collaborative solutions to optimize the supply chain. New Generation Computing Inc. (NGC), a wholly-owned subsidiary of American Software, is a global software company that has 25 years of experience developing and marketing business applications for apparel manufacturers, brand managers, retailers and importers.

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.amsoftware.com/ . To access the replay, click on Investor Relations.

American Software, Inc.

CONTACT: Pat McManus, pmcmanus@amsoftware.com

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

The Ultimate Steal: A Deal on the 2007 Microsoft Office System for StudentsMicrosoft Office Ultimate 2007 now offered via the Web to students looking for a premium Microsoft Office suite at student pricing.

REDMOND, Wash., Aug. 21 /PRNewswire-FirstCall/ -- As part of Microsoft Corp.'s commitment to education, the company is re-introducing The Ultimate Steal program this school year, inviting students who are actively enrolled at educational institutions to purchase Microsoft Office Ultimate 2007 at a low student price of $59.95 (U.S.). This program begins in the United States today with additional countries to be launched throughout the year. The offer will be available to students throughout the academic school year.

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

Office Ultimate 2007 provides students with a comprehensive set of tools that can help them create high-quality documents, gather and consolidate lecture notes and other information, stay organized, find what they are looking for quickly, and easily collaborate with colleagues and professors across geographies. Office Ultimate 2007 includes the entire Microsoft Office toolset that students are accustomed to working with and more, including Microsoft Office Word 2007, Microsoft Office Excel 2007, Microsoft Office PowerPoint 2007, Microsoft Office Outlook 2007, Microsoft Office Access 2007, Microsoft Office Publisher 2007, Office OneNote 2007, Office Groove 2007 and Microsoft Office InfoPath 2007.

Additional Products Offered this School Year

This year, The Ultimate Steal program features additional products, including the following:

-- Windows Vista Ultimate upgrade.(1) The most comprehensive edition of Windows Vista, combining the power, security and mobility features that you need for work with all the entertainment features that you want for fun.

-- Microsoft Office Visio Professional 2007.(1) Visio Professional makes it easy for students to visualize, explore and communicate complex information. Students can go from complicated text and tables that are hard to understand to Visio-based diagrams that communicate information at a glance.

-- Microsoft Office Language Packs.(1) Office Language Packs help multilingual students who routinely create or edit documents in different languages by providing the flexibility of switching the entire user experience -- including menus, help and proofing tools such as spell checker, dictionary and thesaurus -- to any of 37 different languages.

The additional products will be available in the U.S. on Sept. 8, 2008. Those wanting to see what upgrades are available in which countries should visit http://www.theultimatesteal.com/.

Student Response

"Students responded overwhelmingly to The Ultimate Steal last year, telling us that they need Microsoft Office for their studies and want more flexible ways to get the latest version," said Naman Khan, worldwide public sector strategy manager for Microsoft Office. "This offer provides students with an accessible and convenient means to acquire technology at a great price to help them reach their academic goals. The Ultimate Steal is the latest offer in a long history of compelling academic offers from Microsoft to students, and we're happy to extend the program to several additional countries this year."

Moses Adeyinka, a third-year student at The University of West England studying business and HR management, said, "I purchased Office Ultimate 2007 last year because I bought a new laptop and needed Microsoft Word to compose essays, write my curriculum vitae to get a job placement, and complete other coursework. I saw the student deal and jumped at the chance for the latest version of the software at a really low price. If you think about it, the price is lower than a concert ticket or eating out in a nice restaurant -- definitely worth the buy."

Amberly Metson, pursuing a bachelor's degree in education at the University of British Columbia, added: "This is really high quality software at a great price. And it's really easy to download The Ultimate Steal -- I just had to enter my .edu address, contact and billing information, and I was up and running in no time."

To be eligible for The Ultimate Steal, students must be enrolled in an academic institution and carry at least a 0.5 course credit. Students can find program details and see if they are eligible at http://www.theultimatesteal.com/.

The program will be rolled out to several additional countries in the future, including the Australia, Belgium, Canada, Denmark, France, Italy, Korea, Mexico, Spain, Sweden, Taiwan, United Kingdom, and other countries yet to be announced.

Microsoft's Commitment to Students

Committed to extending the reach of high-quality education to all, Microsoft offers other products and solutions for academic excellence, including Microsoft Office Live Workspace beta (http://www.workspace.officelive.com/), the new, free, Web-based extension of Microsoft Office that lets students access their documents online and share their work with others. The service lets students organize documents and projects online and work on them from almost any computer. Students can save more than 1,000(2) Microsoft Office documents to one place online, and access and share them via the Web.

In addition, the Microsoft Live@edu program offers students and alumni 5GB Hotmail or 10GB e-mail inboxes, password-protected online storage space, shared calendars, blogging tools and access to these services on a mobile phone -- all at no cost to the schools or students. Since Microsoft Live@edu launched in March 2005, thousands of universities, colleges and K-12 schools in 86 countries have enrolled in the Live@edu program. More information about Microsoft Live@edu can be found at http://get.live.com/edu.

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

(1) Microsoft Office Language Pack upgrade estimated retail price is $9.95 (U.S.), Microsoft Office Visio Professional 2007 upgrade estimate retail price is $59.95 (U.S.) and Windows Vista Ultimate upgrade estimated retail price is $64.95 (U.S.). (2) Based on average file size and use of Word, Excel and PowerPoint documents by students and work and home users

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: Rapid Response Team of Waggener Edstrom Worldwide,
+1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.

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

Microsoft to Present Latest Innovations for Law Firms to Enhance Client Experience and Drive Profitable Service Delivery at ILTA 2008Customers to highlight creative strategies for using Microsoft Office SharePoint Server 2007, the 2007 Microsoft Office system, Microsoft Dynamics CRM and other legal solutions to create business value.

REDMOND, Wash., Aug. 21 /PRNewswire-FirstCall/ --

What: Lawyers and legal professionals need to better utilize their firm's knowledge and operate efficiently as teams to ensure the profitable delivery of services. At the 2008 International Legal Technology Association (ILTA) Educational Conference, Microsoft Corp. will present innovative technology solutions and best practices to help law firms increase revenue, improve practice management and deliver a better client experience. When: Aug. 25-28, 2008 Where: Gaylord Texan Resort and Convention Center 1501 Gaylord Trail Grapevine, Texas 76051 Key Sessions: Representatives of Microsoft's U.S. Professional Services Industry Group, leading law firms and business partners will speak in the Microsoft Peer Group and other ILTA conference tracks. Notable sessions include the following: Monday, Aug 25 * 1 p.m., "You Did What With SharePoint? Creative Ways Firms Are Leveraging SharePoint to Create Business Value," Katrina Dittmer, Baker & Daniels LLP; Paul Phillips, Nixon Peabody LLP; Beau Mersereau, Fish & Richardson P.C.; Kara Portwood, Armstrong Teasdale LLP, moderator * 2:30 p.m., "Microsoft Office 2007: Why Upgrade?," Tara Byers, Payne Consulting Group; Joe Buser, Traveling Coaches Inc. Tuesday, August 26 * 11 a.m., "Accelerated Service Delivery with Next-Generation Collaboration Capabilities," Gad Epstein, Microsoft Wednesday, Aug. 27 * 9 a.m., "Workflow and Forms Routing in SharePoint 2007 Using SharePoint Designer and InfoPath," Roger Bonine, Baker & McKenzie Global Services LLC * 11 a.m., "Implementing Extranets and Enabling More Effective Client Services," Mark Gerow, Fenwick & West LLP; and Rob Saccone, XMLAW Inc. Thursday, Aug. 28 * 9 a.m., "Microsoft's Spotlight on the Legal Industry," Brian Zeve, managing director, U.S. Professional Services Industry Group, Microsoft * 10:30 a.m., "Microsoft Workflow Solutions," Judi Flournoy, Loeb & Loeb LLP; Judy Katany, Huron Consulting Group Inc.; Susan Plummer, Best Best & Krieger LLP; Andrew Dawson, ADERANT; Richard Glikin, Metastorm Inc.; Brian Zeve, Microsoft; and Gad Epstein, Microsoft * 2 p.m., "Strategies for Successful Law Firm CRM Selection and Implementation -- Reed Smith Case Study," Victoria Gregory, Reed Smith LLP; and Michael White, Client Profiles Inc. * 2 p.m., "Mobilizing Your Organization to Globalize While Enhancing the Environment and Your Bottom Line," Joan Krajewski, chief environmental counsel, Microsoft Booth: Information on Microsoft legal solutions can also be found at Booth 311. More Details: A full list of sessions and more information on ILTA 2008 can be found at http://www.microsoft.com/industry/professionalservices/ilta.mspx. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

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: Maureen Tuskai of Ignite Corp., +1-602-626-5596,
mtuskai@ignitecorporation.com, for Microsoft Corp.; or Ted Ladd of Microsoft
Corp., +1-619-339-1520, tedladd@microsoft.com

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

Interact Holdings Group, Inc. Enters Negotiations for First Acquisition

ATLANTA, Aug. 21 /PRNewswire-FirstCall/ -- Interact Holdings Group, Inc. (Pink Sheets: IHGR) today announced that it has entered negotiations for its first acquisition under new management.

Interact Holdings Group, Inc. has entered negotiations with multiple companies in the telecom and "green" technology sectors. The companies provide Cable Television, Telephone, Security Monitoring, High-Speed Internet, and "green" residential products and services.

The proposed acquisitions would add approximately $9 million in revenues to Interact Holdings Group, Inc.

"Interact Holdings Group, Inc. is committed to a solid growth strategy that benefits the Company as well as shareholders. We believe with strategic acquisitions and continued growth, the Company will solidify its place in the market as well as a steady rise of the Company's market capitalization. The Company will provide updates with regards to the possible acquisitions as they are available," said Mr. Yates, President of Interact Holdings Group, Inc.

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

Interact Holdings Group, Inc.

CONTACT: William Yates of Interact Holdings Group, Inc.,
+1-678-388-9857, Info@InteractHoldings.com

LogicVision Establishes Distribution Channel in Taiwan With Avant Technology Inc.

SAN JOSE, Calif., Aug. 21 /PRNewswire-FirstCall/ -- LogicVision, Inc. , a leading provider of semiconductor built-in-self-test (BIST) and diagnostic solutions, today announced it has expanded its sales and customer service by the addition of Avant Technology Inc. as exclusive distributor for LogicVision products in Taiwan. LogicVision provides complete silicon test IP and methodology that spans SoC design and manufacturing test based on proprietary built-in-self-test (BIST) technologies for logic, memory and high-speed I/O. LogicVision's technologies enable SoC design teams to achieve single-digit DPM (defects-per-million) quality levels, accelerate time to working silicon by reducing silicon bring-up times from months to days, lower test preparation costs and reduce device test times, thus significantly improving product margins.

"Avant is a leader in providing IP and EDA solutions to the Taiwan semiconductor community," said James T. Healy, CEO of LogicVision. "Avant is expected to drive the adoption of LogicVision's tools in the rapidly growing Taiwan semiconductor market, enabling companies to realize significant competitive advantage through the adoption of LogicVision's test solutions."

"The addition of LogicVision solutions to our IP and EDA offerings will enable us to provide a broader set of solutions and services to our customers," said Yao-Chang Chang, General Manager of Avant Technology. "We are excited to add LogicVision's unique test solution to our portfolio of products to help Taiwan semiconductor companies address the increasing challenges of designing and testing complex semiconductor SoCs."

Under the terms of the agreement, Avant will be able to sell the complete line of LogicVision test solutions to the Taiwan semiconductor design community.

About Avant

Avant Technology Inc., a leading professional IP & EDA distributor, was established in 1990 in Hsinchu, Taiwan. Avant distributes leading edge products from LogicVision, Novelics, Agility, ChipVision, AerieLogic, TransEDA, Artwork, HDL Works, and Saratoga Data. Avant Technology Inc. is headquartered at 5F-1, No. 83, Sec. 2, Gongdaowu Rd., Hsinchu, Taiwan 30070. For more information, please visit http://www.avant.com.tw/.

About LogicVision, Inc.

LogicVision provides proprietary technologies for achieving highest quality silicon manufacturing test while reducing test costs for complex Systems-on-Chip. LogicVision's Dragonfly Test Platform(TM) enables integrated circuit designers to embed test functionality into a semiconductor design that is used during semiconductor production test and throughout the useful life of the chip. Dragonfly Test Platform, with ETCreate(TM), Silicon Insight(TM) and Yield Insight(TM) product families, improves profit margins by reducing device field returns and test costs, accelerating silicon bring-up times and shortening both time-to-market and time-to-yield. For more information on the company and its products, please visit the LogicVision website at http://www.logicvision.com/

FORWARD LOOKING STATEMENTS

Except for the historical information contained herein, the matters set forth in this press release, including statements as to the Company's outlook, interest for the Company's products, and successes in adoption of the Company's solutions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the possibility that orders could be modified or cancelled, existing customer orders may not be renewed, the ability of the Company to negotiate and sign customer agreements and obtain purchase orders, trends in capital spending in the semiconductor industry, the timing and nature of customer orders, whether customers accept the Company's new and existing products, the impact of competitive products and alternative technological advances, and other risks detailed in LogicVision's Annual Report on Form 10-K for the year ended December 31, 2007, LogicVision's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.

LogicVision, Inc.

CONTACT: Media: Susan O'Connor Fraser of Tam Communications for
LogicVision, +1-831-439-1523, susan@tamcom.com; or Avant Technology: Yao-Chang
Chang, yaochang@avant.com.tw, Hsinchu, Taiwan, +886-3-516-0128, x2500

Web site: http://www.logicvision.com/
http://www.avant.com.tw/

Virtual Radiologic Awards $3.2 Million Contract to tw telecom for Advanced Communications Solutions- tw telecom's 1 Gbps network carries Teleradiology services- Company replicates data center in tw telecom collocation facility as BCDR support

MINNEAPOLIS, Aug. 21 /PRNewswire-FirstCall/ -- tw telecom inc., a leading provider of managed voice, Internet and data networking solutions for businesses, today announced that it has successfully completed a $3.2 million, multi-year installation of telecommunications solutions for Virtual Radiologic Corp. , a leading national provider of teleradiology services based in Minneapolis.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO)

"Our ability to continually exceed our target of a 30-minute turnaround window to our rapidly expanding client base is critical," said David Lease, director of infrastructure services, Virtual Radiologic Corp. "tw telecom took the time to understand our service objectives and business growth plans, and to provide us with the solutions we needed. Virtual Radiologic's mission to provide both critical emergency and routine human health services via teleradiology drives all of our technology decisions."

tw telecom is delivering a 1 Gbps network transmission capacity between Virtual Radiologic's data centers, a 1 Gbps Native LAN solution for the transmission of radiological data from its clients, as well as a 1 Gbps connection for remote administration purposes at the company's Minneapolis headquarters. Additionally, Virtual Radiologic deployed two separate 100 Mbps Ethernet Internet Services (EIS) circuits and metro Ethernet services to support its business activities. tw telecom also supports the company's fax-intensive services with the installation of PRI voice circuits, which is critical, as the company transmits more than 15,000 radiological reports via fax in each 24 hour period, to attending physicians.

"They laid out a road map that no one else did," said Lease. "We had established a set of requirements for this project and tw telecom ended up at the top of the list. Their network is both functional and cost-effective." As further evidence, tw telecom has been tapped to help Virtual Radiologic move to its new headquarters in early 2009.

Virtual Radiologic's data-intensive business and strict compliance requirements for HIPAA, Sarbanes/Oxley and the Joint Hospital Commission require the company to maintain its records and preserve operations through its data center operations. To aid in protecting and preserving this data, Virtual Radiologic is utilizing 1,000 square feet of collocation space and a specially designed 200 square foot remote BCDR operation office at tw telecom's facility to support this operations in the event of a disaster or other outage.

About tw telecom

tw telecom inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP, VPN and security, to enterprise organizations and communications services companies throughout the U.S. As a leading provider of integrated and converged network solutions, tw telecom delivers customers overall economic value, quality, service, and improved business productivity. Please visit http://www.twtelecom.com/ for more information.

About Virtual Radiologic Corp.

Virtual Radiologic Corporation (http://www.virtualrad.com/) provides teleradiology solutions to radiology practices and medical centers throughout the United States. Utilizing market-leading, proprietary workflow technology, Virtual Radiologic physicians perform preliminary and final read interpretations for emergent and non-emergent needs -- day or night, 365 days a year. Virtual Radiologic's American Board of Radiology-certified radiologists are collectively licensed in all 50 states. Virtual Radiologic is Joint Commission-certified and serves 575 clients supporting more than 930 medical facilities.

Photo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com tw telecom inc.

CONTACT: Patrick Mulcahy of tw telecom inc., +1-303-566-1470,
patrick.mulcahy@twtelecom.com

Web site: http://www.twtelecom.com/
http://www.virtualrad.com/

Hampton and North Hampton, New Hampshire Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

HAMPTON, N.H., Aug. 21 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Rockingham County, Verizon Wireless has activated a new cell site. The new site increases high-speed wireless data coverage and capacity along I-95, and Routes 101, 88, and 27 in Hampton and North Hampton, New Hampshire, as well as the surrounding area.

Verizon Wireless has invested more than $45 billion since it was formed to increase the coverage and capacity of its national network and to add new services like BroadbandAccess and V CAST. Regionally the company has invested over $2.2 billion into its New England network, including over $100 million during the first six months of 2008. As a result of these investments, every Verizon Wireless cell site in New England provides wireless broadband connectivity.

"We've always believed that even the most advanced cell phone is only as good as the network it runs on," said director for Network Systems Performance for Verizon Wireless, Richard Enright. "We continue to aggressively invest into our wireless networks across New England to increase coverage and capacity for our customers."

BroadbandAccess offers computer users the nation's most reliable high-speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps over Verizon Wireless' BroadbandAccess with EV-DO Revision A network. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones.

Strong demand for Verizon Wireless services continued during the second quarter of 2008 as the company added 1.5 million net new customers and, for the fifteenth consecutive quarter, reported the lowest customer turnover (highest customer loyalty) rate in the wireless industry.

The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "can you hear me now" national advertising campaign. Nationally, these test men and women drive nearly 100 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high-population areas, based upon U.S. Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.murphy@verizonwireless.com; or Anne Elise O'Connor of Thomson
Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com, for Verizon
Wireless

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

Taylor Devices Announces Strong Fourth Quarter and Full Year Results

NORTH TONAWANDA, N.Y., Aug. 21 /PRNewswire-FirstCall/ -- Taylor Devices, Inc. announced today that its sales for the 4th quarter were $4,982,988, up substantially from last year's 4th quarter sales of $4,072,287.

Net earnings for the 4th quarter were $706,737, up dramatically from last year's 4th quarter profit of $86,815.

Net earnings for the full 07-08 fiscal year were $1,533,285, up well over 100% from the earnings of $619,273 reported for the comparable 06-07 period. Sales for the full year were $18,593,831, up significantly from last year's $16,501,400.

"In these last two years, we have increased our sales by almost $4 million while reducing our firm order backlog by only approximately $1 million to the $11.4 million year-end level," stated Douglas P. Taylor, President. He continued, "Our aerospace and military sales are at record levels and we've had eight recent seismic orders from Korea, Taiwan, China & Japan alone." He continued, "Export sales are now exceeding U.S. construction sales and we believe they will be a strong contributor to our future profitability." He concluded, "I expect 2009 is going to be yet another strong year and encourage anyone who wishes more detail about our recent new orders to go to our website http://www.taylordevices.com/."

Taylor Devices, Inc. is a 53 year old company engaged in the design, development, manufacture & marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment & structures. The company continues to achieve growth in the developing seismic protection field and in the isolation of wind-induced vibrations.

4th Quarter (3 months ended 5/31/08 & 5/31/07) F/Y 07-08 F/Y 06-07 Sales $4,982,988 $4,072,287 Net Earnings $706,737 $86,815 Earnings per Share $.22 $.03 Shares Outstanding 3,219,346 3,152,332 Fiscal Year F/Y 07-08 F/Y 06-07 Sales $18,593,831 $16,501,400 Net Earnings $1,533,285 $619,273 Earnings per Share $.48 $.20 Shares Outstanding 3,219,346 3,152,332 Taylor's website can be visited at: http://www.taylordevices.com/

Taylor Devices, Inc.

CONTACT: Artie Regan of Regan & Associates, Inc., +1-212-587-3005, or
fax, +1-212-587-3006, or info@reganproxy.com

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

SBTV Video Report of Seamless Featured on Stockbully.com

LAS VEGAS, Aug. 21 /PRNewswire-FirstCall/ -- Seamless Corporation (BULLETIN BOARD: SMWF) announced today that a SBTV video report of Seamless Corporation is featured on http://www.stockbully.com/. Seamless Corporation is an Internet company that develops cutting edge technologies to create and provide new and innovative products and services for both businesses and consumers.

To view the just released video report, please visit: http://www.stockbully.com/

Stockbully.com is a multimedia investor relation's source that seeks out promising and undiscovered companies in the market place and enables clients to utilize multimedia marketing to gain exposure through today's information highway.

"Seamless Corporation is a quality company with good growth potential. Stockbully.com will allow the Company to get the Internet exposure it needs to reach a wider audience in the investment community," stated Adam Ben-Evi, President of Stockbully.com.

"We want everyone to see the exciting innovative things Seamless brings to its shareholders and to the consumer marketplace. This video visually communicates the commitment SMWF has to delivering a remarkable product," stated Al Reda, Chairman and CEO of SMWF.

About Stockbully.com

Stockbully.com differentiates itself from traditional IR firms, in that we strive to take a long-term approach of nurturing and supporting the expansion of emerging companies that aspire to grow and appreciate in value. Through exposure on the World Wide Web, we enable clients to secure a place in their respective sector. Clients with limited financial means can utilize multimedia marketing to gain a competitive edge via the Internet. For more information, please visit http://www.stockbully.com/.

About Seamless Corporation

Seamless (http://www.slwf.net/) is a Las Vegas-based company quoted on the OTCBB under the symbol, SMWF. Seamless develops and markets and sells, secure cutting-edge hardware and software Internet communications products and services through its three operating subsidiaries: Seamless Internet, Inc. (http://www.seamlessinternet.com/), Seamless TEK LABS, Inc. (http://www.s-teklabs.com/) and Seamless Sales LLC (http://www.seamlessolsales.com/).

Safe Harbor: Forward-looking statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks.

Seamless Corporation

CONTACT: Investor Relations of Seamless Corporation, 1-866-284-2835,
info@e-mediadirect.com

Web site: http://www.slwf.net/
http://www.stockbully.com/

Omaha World-Herald Chooses Nstein to Create New Verticals, Enhance Reader ExperienceNstein's text mining critical to leveraging hundreds of thousands of assets

MONTREAL, Aug. 21 /PRNewswire-FirstCall/ -- Nstein Technologies Inc. http://www.nstein.com/ (TSX-V: EIN), a leader in digital publishing solutions for newspapers, magazines and online content providers, announced that Omaha World-Herald Company (OWH), owner of daily and weekly newspapers in Nebraska and Iowa, has selected Nstein's Text Mining Engine solution to semantically organize its vast library of media assets.

OWH is the largest employee-owned newspaper in the United States and has been publishing its flagship paper since 1885, and on the web since 1996. In an effort to create a more rewarding news product for its audience, the company sought in 2008 to flatten the newsroom to serve all channels in order to produce news 24/7. Central to this vision is the ability to tag media assets with rich metadata that reflects the OWH brand and the markets it serves.

With Nstein Technologies' text mining, OWH will be able to more efficiently and consistently tag all user and editorially-generated content, including articles, images, and videos. In addition to enhancing front-end and editorial search, these tags will help OWH augment SEO on all of its sites, automate workflows, enable personalization, and streamline syndication efforts.

"When we first saw the product demoed, we were intrigued with how quickly content could be tagged - and found," said Jeff Carney, Assistant Managing Editor, Omaha World-Herald. "Management immediately recognized that if we wanted to create a new vertical on, say, Outdoor Sports, we would now be able to mine our assets and create new products almost on the fly. Eventually we plan to tag advertising as well - to better associate relevant content with ads."

"Omaha World-Herald is an extremely progressive and forward-thinking company, and we are thrilled that after exhaustive analysis, OMH chose Nstein to automatically generate rich metadata," said Luc Filiatreault, President and CEO of Nstein Technologies. "Management understands that having a comprehensive inventory of all its assets is the easiest way to leverage and monetize the content that they have invested in."

Nstein is the online provider of choice for many of the world's leading media companies, including: News International, Transcontinental Media, Conde Nast, ImpreMedia and Gesca Digital Media.

About Nstein Technologies Inc.

Nstein Technologies (TSX-V: EIN) develops and markets multilingual solutions that power digital publishing for the most prestigious newspapers, magazines, and content-driven organizations. Nstein's solutions generate new revenue opportunities and reduce operational costs by enabling the centralization, management and automated indexing of digital assets. Nstein partners with clients to design a complete digital strategy for success using publishing industry best practices for the implementation of its Web Content Management, Digital Asset Management, Text Mining Engine and Picture Management Desk products. http://www.nstein.com/

- The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. - The financial value of the contract, on an individual basis, is not financially material to the affairs of Nstein Technologies Inc. The specific financial terms of the contracts can not be disclosed since knowledge of these transaction terms could represent a significant loss of competitive advantage to the Company as competitors would gain access to its pricing model. The Company believes that the disclosure of agreements by means of a press release is necessary to demonstrate the ability of the Company's technology to meet the requirements of its potential clients in the publishing, media and entertainment industries. Further, the completion of these types of agreements demonstrates the ongoing ability of the Company to capture an increasing share of this market and generate market acceptance for its products. The software license revenues resulting from this contract were included in the Company's second quarter results (quarter ended June 30, 2008). - Any statement that appears prospective shall not be interpreted as such.

Nstein Technologies Inc.

CONTACT: Nstein Technologies Inc.: Investor Relations: Bruno Martel,
Chief Financial Officer, Nstein Technologies Inc., (514) 908-5406,
bruno.martel@nstein.com; Media: David Crouy, Marketing Director, Nstein
Technologies, Inc, (514) 908-5406, David.Crouy@nstein.com; Renmark Financial
Communications Inc.: Maurice Dagenais: mdagenais@renmarkfinancial.com; Ryan
van de Polder: rvandepolder@renmarkfinancial.com, (514) 939-3989, Fax: (514)
939-3717, http://www.renmarkfinancial.com/

Texas Instruments new 4-GHz quadrature modulator delivers superior multi-carrier performance for wireless service providers

DALLAS, Aug. 21 /PRNewswire/ -- Extending its portfolio of high performance radio frequency (RF) solutions, Texas Instruments Incorporated (TI) today announced a high-linearity, ultra-low noise quadrature (IQ) modulator that delivers RF output transmission up to 4-GHz, allowing service providers to easily support multiple wireless communications standards on a single RF transceiver card. TI's TRF370317 IQ modulator is a direct launch RF transmitter device that offers basestation equipment manufacturers improved linearity and higher output power, which can improve overall transmitter performance, while reducing power consumption and operating expenditures for service providers. For more information, go to http://www.ti.com/TRF370317.

Texas Instruments' TRF370317 is a high-performance IQ modulator that meets the stringent requirements of GSM, CDMA2000, TD-SCDMA, W-CDMA, and WiMAX, as well as emerging next-generation wireless standards such as LTE and multi-carrier GSM. The TRF370317 enables conversion from baseband or intermediate frequency directly to RF frequencies, thereby reducing bill of material (BOM) costs and board space.

"The improved linearity performance of the TRF370317 IQ modulator allows manufacturers to deploy pico, micro or macro basestations, targeting a variety of wireless air interfaces for multi-carrier applications," said David Briggs, general manager of TI's RF and digital radio products. "The state-of-the-art linearity performance of the TRF370317 modulator is consistent across a broad frequency range so that it can be used across multiple customer platforms targeting various communications standards. The TRF370317 is an ideal solution for basestation manufacturers looking to reduce the capital and operating expenditures of their service provider customers while meeting all transmission performance requirements."

Texas Instruments' TRF370317 has an ultra-low noise floor of .163 dBm/Hz and features an industry-leading output third order intercept point (OIP3) of 26.5 dBm, which significantly improves the adjacent channel power ratio in cellular basestation transmitter designs. The TRF370317 offers up to 4.5 dB better OIP3 than its nearest competitor. The device is capable of accepting input signals that range from zero (DC) to 350 MHz and generating a modulated RF output from 400 MHz up to 4-GHz. This broad range of input and output frequencies offers designers utmost flexibility and support for a wide range of communications standards.

Texas Instruments' TRF370317 quadrature modulator can easily interface with a variety of digital-to-analog converter (DAC) devices, allowing for flexibility in RF transmitter design. When coupled with TI's DAC5688, a 16-bit, 800-MSPS dual interpolating DAC, the TRF370317 provides a highly linear, compact solution for multi-carrier implementations. The low-noise DAC5688 further simplifies implementation by integrating phase, gain and DC offset adjustments for performance optimization. RF transmitters designed using this direct launch architecture save space, power, BOM components and cost when compared to superheterodyne transmitter implementations.

Texas Instruments' 4-GHz TRF3703 family now includes the TRF370317 as well as previous members, the TRF370315 and the TRF370333. Operating from a single 5-volt supply, the TRF370317 modulator is capable of driving a single-ended 50-ohm load without any external matching components. Output compression of 12 dBm, unadjusted carrier leakage of -40 dBm (at 2-GHz) and unadjusted sideband suppression of -50 dBc (at 2-GHz) all serve to keep signal quality high and simplify transmitter design.

Texas Instruments is the only semiconductor provider to offer a complete analog signal chain for 2G/3G and Beyond3G air interfaces. The TRF370317 modulator adds to TI's high-performance analog product line targeted at wireless infrastructure applications including: high performance RF, data converters, clock distribution and amplifier solutions. TI's TMS320TCI6484 digital signal processor (DSP) is a 65-nm, single-core 1-GHz DSP that delivers improved data throughput and reduces latency for Beyond3G cellular infrastructure applications. For more information on TI's complete line of wireless infrastructure DSP and analog solutions, please visit http://www.ti.com/wi.

Availability and Pricing

The TRF370317 quadrature modulator is available now in full production and is priced at $5.35 per 1K units. A complete evaluation module, the TRF3703-17EVM and data sheet are available at http://www.ti.com/TRF370317.

About Texas Instruments

Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.

Trademarks

All trademarks and registered trademarks are property of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Texas Instruments Incorporated

CONTACT: Marcia Barnett of Texas Instruments, +1-214-480-2050,
mpickett@ti.com; or Leslie Jack of GolinHarris, +1-713-513-9579,
ljack@golinharris.com, for Texas Instruments [Please do not publish these
numbers or e-mail addresses.]

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

Wireless Phone Users in Brookville, Huron And Warren, Indiana, Now Experience Even Clearer Reception and Fewer Dropped CallsVerizon Wireless Activates New Cell Sites

INDIANAPOLIS, Aug. 21 /PRNewswire/ -- Verizon Wireless has activated new cell sites in Brookville, Huron and Warren, Ind., that expand network coverage, enabling more customers to use their wireless phones concurrently to make voice calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell sites improve Verizon Wireless' voice and data network coverage in the following areas:

-- U.S. Route 52 from Brookville south three miles -- State Road 252 from Brookville east three miles -- U.S. Route 50 between the Lawrence/Martin County line and State Road 37 -- State Road 60 between Huron and Mitchell -- State Road 3 in southeastern Huntington County -- State Road 218 in southeastern Huntington County -- Interstate 69 in southeastern Huntington County

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

The new cell sites are part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Indiana and throughout the country. Verizon Wireless has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $931 million of this investment has been spent in Indiana since 2000. In 2007, the company invested more than $136 million in Indiana network improvements.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Michelle Gilbert of Verizon Wireless, +1-248-915-3680,
michelle.gilbert@verizonwireless.com; or Kyle Niederpruem for Verizon
Wireless, +1-317-509-7334, kyle@kylecommunications.com

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

IXI Mobile Reports Second Quarter 2008 Financial ResultsInitiates Strategic Corporate Refocus

BELMONT, California, August 21 /PRNewswire-FirstCall/ -- IXI Mobile, Inc. , the maker of the Ogo(TM) family of mobile devices and services, announced today financial results for the quarter ended June 30, 2008.

Revenue for the second quarter was $2.2 million as compared to $3.2 million in the second quarter of 2007 and $3.4 million in the first quarter of 2008. Gross margin (deficit) in the second quarter was (151.7%) compared to (28.1%) in the second quarter of 2007 and 8.2% in the first quarter of 2008.

Operating expenses (excluding costs of revenues) were $7.4 million in the second quarter of 2008, compared to $9.3 million in the second quarter of 2007 and $7.9 million in the first quarter of 2008. Operating loss for the quarter was $10.8 million, compared to $10.2 million for the second quarter of 2007 and $7.6 million for the first quarter of 2008.

Net loss for the second quarter of 2008 was $11.4 million or $0.45 per diluted share, compared to a net loss of $21.5 million or $4.65 per diluted share for the second quarter of 2007 and $8.7 million or $0.34 per diluted share for the first quarter of 2008.

The Company's net loss for the second quarter of 2008 included non-cash accounting expenses required to be recorded pursuant to GAAP of approximately $113,000 of financial income related to amortization of premium that was recorded in connection with the amendment to the terms of its convertible bridge loan; $3.7 million of inventory write-downs, vendor advance payments and royalties write-offs; and $567,000 for stock-based compensation expenses for employees and consultants and expenses recorded in connection with the issuance of stock and incentive plans to management.

Cash and cash equivalents totaled $8.1 million at June 30, 2008, compared to $12.6 million at March 31, 2008.

In addition to the Company's financial results, we achieved certain operational highlights during the second quarter. Service ASP in the second quarter of 2008 increased to $2.70 per billed user per month compared to $2.40 per billed user per month in the first quarter of 2008

Discussing the outcome of the quarter, Israel Frieder, Chairman of the Board of Directors and Chief Executive Officer, said, "We have taken measures to address what can only be characterized as a challenging year thus far. As announced recently, we have initiated several strategic measures intended to refocus the Company's activities and to reduce operating costs. This involves a workforce reduction of approximately twenty-five percent, closing our U. S. facilities and the installation of a new senior management team.

"The plan that we have put into place is also designed to strategically refocus our efforts on those markets that we believe hold the most promise for Ogo. This means we will focus on our existing and potential customers in the European and Asian Pacific markets. In parallel the Company will seek additional investments to meet its critical working capital needs. Additionally, the Company continues to pursue strategic partnerships.

"After all is said and done, the result of this plan is a leaner and more nimble IXI with a management team dedicated to building the Ogo brand. Our resolve to turn the company around and our commitment to our customers and shareholders has never been greater. We hope that in the near future we will be able to report better operating results and an improved market position," concluded Mr. Frieder.

Six-Month Results

Revenues for the six months ended June 30, 2008 were $5.6 million compared to $6.3 million for the six months ended June 30, 2007. Gross margin (deficit) during the six months ended June 30, 2008 was (54.9%) compared to (14.0%) for the same period last year.

Operating loss during the six months ended June 30, 2008 was $18.4 million compared to $16.0 during the six months ended June 30, 2007. IXI had a net loss for the six months ended June 30, 2008 of $20.0 million, compared to a net loss of $28.2 million, for the six months ended June 30, 2007.

IXI's operating loss for the six months ended June 30, 2008 included non-cash accounting expenses required to be recorded pursuant to GAAP of approximately $1.2 million of stock-based compensation expenses for employees and consultants and expenses recorded in connection with the issuance of stock and incentive plans to management.; $3.7 million of inventory write down, vendor advance payments and royalties write-offs charged to cost of revenues; and, financial expenses of $752,000 relating to the Merger, conversion and amendment of loans and the credit line.

Non-GAAP Financial Information

Gross margin in the second quarter of 2008 was 15.4% compared to 2.8% in the second quarter of 2007

Excluding the aforementioned charges, non-GAAP operating loss for the second quarter of 2008 was $6.5 million, compared to a non-GAAP operating loss of $6.5 million for the second quarter of 2007 and $7.0 million for the first quarter of 2008.

The Non-GAAP net loss for the second quarter of 2008 was $7.2 million compared to $7.5 million in the second quarter of 2007 and $7.2 million in the first quarter of 2008.

Gross margin during the six months ended June 30, 2008 was 11.4% compared to 3.6% for the same period last year.

Excluding the aforementioned charges, the Non-GAAP operating loss for the six months ended June 30, 2008 was $13.5 million, compared to a Non-GAAP operating loss of $12.1 million for the six months ended June 30, 2007.

Non-GAAP net loss for the six months ended June 30, 2008 was $14.4 million, compared to a Non-GAAP net loss of $14.1 million, for the same period last year.

A reconciliation of GAAP to non-GAAP is set forth below in the tables to this release.

Additionally, due to the corporate restructuring initiatives, IXI will not be holding an earnings call this quarter.

About IXI Mobile

IXI Mobile, Inc. offers solutions that bring innovative, data-centric mobile devices and services to the mass market. IXI Mobile's Ogo devices are designed to improve the mobile user experience and increase mobile voice and data usage. The Company provides an end to end solution to mobile operators and Internet service providers around the world to support Ogo products. For more information on IXI Mobile, please visit http://www.ixi.com/. IXI Mobile, Inc. is headquartered in Belmont, CA.

About Ogo

The Ogo family of devices delivers popular applications, including email, instant messaging, SMS, RSS, voice and Web browsing on optimized, easy-to-use handheld devices for a true on-the-go mobile messaging experience. Ogo is available from mobile operators and Internet service providers around the world. More information on Ogo is available at: http://www.ogo.com/ .

Forward Looking Statements

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act. All statements in this press release, other than statements that are purely historical in nature, are forward looking statements. Words such as "believe," "anticipate," "expect," "intend," "plan," "estimate," "project," "will," "may" "trend," "potential," "opportunity," "comfortable," "current," "position," "assume," "outlook," "continue," "remain," "maintain," "sustain," " seek, " "achieve," and other similar expressions are intended to identify forward looking statements, although not all forward looking statements contain these words. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward looking statements. We have based these forward looking statements on our current expectations and beliefs about future events. Actual results could differ materially from those discussed or projected in, or implied by, the forward looking statements as a result of various risks and uncertainties, including: whether the Company's recent strategic initiatives will sufficiently reduce operating costs and increase revenues to enable the Company to continue as a going concern; the Company's ability to raise, and the availability of, additional financing in the near term; the Company's continuing history of losses and its ability to continue as a going concern; the Company's ability to provide an affordably priced alternative for mobile email access as well as other value added services; competing products that may, now or in the future, be available to consumers; the Company's ability to develop and market new products or services, the Company's ability to maintain relationships with existing customers and develop arrangements with new customers in the European and Asian Pacific markets; the number or nature of potential customers for the Company's products; the Company's expectations regarding trends in the cell phone, mobile messaging and consumer electronics industries; and the Company's ability to improve its financial performance. This press release should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2007 and its other reports on file with the Securities and Exchange Commission, which contain more detailed discussion of risks and uncertainties that may affect future results. Except as required by law, the Company does not undertake to update any forward looking statements.

IXI MOBILE INC. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands, except share and per share data Six months ended Three months ended June 30, June 30, 2008 2007 2008 2007 Revenues: Product sales $ 3,691 $ 5,144 $ 1,203 $ 2,512 Services 1,939 1,150 1,018 659 Total Revenues 5,630 6,294 2,221 3,171 Cost of Revenues: Product sales 7,020 5,990 4,536 3,434 Services 1,702 1,183 1,055 628 Cost of revenues 8,722 7,173 5,591 4,062 Gross loss (3,092 ) (879 ) (3,370 ) (891) Operating expenses: Research and development 8,446 7,137 4,166 4,133 Selling and marketing 3,015 3,346 1,229 1,388 General and administrative 3,804 4,603 1,996 3,756 Total operating expenses 15,265 15,086 7,391 9,277 Operating loss (18,357 ) (15,965 ) (10,761 ) (10,168) Financial expenses, net (1,656 ) (12,210 ) (610 ) (11,313) Loss from continuing operations (20,013 ) (28,175 ) (11,371 ) (21,481) Loss from discontinued operations (32 ) (55 ) (16 ) (27) Net loss $(20,045 ) $ (28,230 ) $ (11,387 ) $ (21,508) Basic and diluted net loss per share of Common stock: From continuing operations $ (0.80 ) $ (10.77 ) $ (0.45 ) $ (4.64) From discontinued operations (0.00 ) (0.02 ) (0.00 ) (0.01) Basic and diluted net loss per share $ (0.80 ) $ (10.79 ) $ (0.45 ) $ (4.65) Weighted average number of shares of Common stock used in computing basic and diluted net loss per share of Common stock 25,201,624 2,694,311 25,211,573 4,705,970 IXI MOBILE INC. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands June December 30, 31, 2008 2007 Unaudited ASSETS CURRENT ASSETS: Cash and cash equivalents $ 8,118 $ $17,278 Restricted cash 198 183 Trade receivables, net 2,932 3,019 Other receivables and prepaid expenses 1,691 1,364 Vendor advance payments, net 1,694 4,081 Inventories, net (of which $ 7,582 and $7,806 delivered to customers but not yet recognized as revenues as of June 30, 2008 and December 31, 2007, respectively) 12,927 14,239 Total current assets 27,560 40,164 LONG-TERM ASSETS: Severance pay fund 1,292 917 Long-term prepaid expenses 48 39 Property and equipment, net 479 487 Deferred debt costs 125 348 Total long-term assets 1,944 1,791 Total assets $ 29,504 $ 41,955 IXI MOBILE INC. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands, except share and per share data June 30, December 31, 2008 2007 Unaudited LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY) CURRENT LIABILITIES: Current maturities of long-term convertible loan from stockholders $ - $ 4,492 Current maturities of long-term loans from stockholders - 2,000 Short-term bank credit 2,446 1,942 Trade payables 7,129 2,095 Employees and payroll accruals 1,750 1,488 Deferred revenues 10,306 10,149 Other payables and accrued expenses 2,236 6,401 Liabilities of discontinued operations 2,555 2,523 Total current liabilities 26,422 31,090 LONG-TERM LIABILITIES: Long-term loans from stockholders, net of current maturities 4,609 2,000 Long-term convertible loan from stockholders 8,278 - Other long term liabilities 7 286 Accrued severance pay 1,540 1,138 Total long-term liabilities 14,434 3,424 STOCKHOLDERS' EQUITY (DEFICIENCY) *** : Stock capital - Common stock of $ 0.0001 par value: Authorized: 60,000,000 shares at June 30, 2008 and December 31, 2007; Issued and outstanding: 25,221,691 and 20,787,955 shares at June 30, 2008 and December 31, 2007, respectively 2 2 Receipts on account of stock ** ) - 15,840 Additional paid-in capital *) 168,842 151,750 Accumulated deficit (180,196 ) (160,151 ) Total stockholders' equity (deficiency) (11,352 ) 7,441 Total liabilities and stockholders' equity (deficiency) $ 29,504 $ 41,955 *) Net of deferred stock based compensation.

**) As of December 31, 2007 included 4,400,000 shares of Common stock that the Company was contractually obligated to issue on account of long-term convertible loan from stockholders converted on October 25, 2007, that were issued on February 22, 2008

***) Upon the Merger, the shares of IXI stock were canceled and exchanged into the Company's shares at a ratio of 1:0.15. All share information included in this report has been retroactively adjusted to reflect this exchange.

Non-GAAP Financial Measures (Unaudited)

We present the following non-GAAP financial measures: non-GAAP Cost of Revenues, non-GAAP operating loss and non-GAAP net loss. Our non-GAAP presentation and information should not be considered as a substitute for, or as superior to, our financial information prepared in accordance with GAAP. The non-GAAP presentation does not reflect a comprehensive system of accounting, and it differs from similar financial information prepared in accordance with GAAP and from financial information not prepared in accordance with GAAP with the same or similar names that may be used by other companies. We strongly urge investors and potential investors in our securities to review the reconciliation of our non-GAAP financial information to the comparable GAAP financial information, and our consolidated financial statements, including the notes thereto, that is included in this Annual Report and not to rely on any single financial measure to evaluate our business. The principal limitation of our non-GAAP presentation is that it excludes significant expenses that are required by GAAP to be recorded. In addition, the non-GAAP presentation is subject to inherent limitations because it reflects the exercise of judgments by management about which charges are excluded for purposes of the non-GAAP presentation. To mitigate this limitation, we present our non-GAAP presentation in addition to our GAAP results, and recommend that investors do not give undue weight to the non-GAAP presentation.

Non-GAAP Cost of Revenues Reconciliation Three months ended June 30, 2008 2007 (in thousands) Total revenues $ 2,221 $ 3,171 GAAP cost of revenues: 5,591 4,062 Stock-based option expense in GAAP cost of revenues 20 145 Inventory write-down (including vendor advance payments and royalties) 3,693 837 Non-GAAP cost of revenues (excluding the above) $ 1,878 $ 3,080 Non-GAAP gross margin 15.44% 2.82% Non-GAAP Operating Loss Reconciliation Three months ended June 30, 2008 2007 (in thousands) GAAP operating loss $ (10,761 ) $ (10,168) Stock-based option and share expense in GAAP operating expenses, including Merger related expenses 567 2,881 Inventory write-down (including vendor advance payments and royalties) 3,693 837 Non-GAAP operating loss (excluding the above) $ (6,501 ) $ (6,450) Non-GAAP Net Loss Reconciliation Three months ended June 30, 2008 2007 (in thousands) GAAP net loss $ (11,387 ) $ (21,508) Stock based option and share expense in GAAP operating expenses, including merger related expenses 567 2,881 Inventory write-down (including vendor advance payments and royalties) 3,693 837 Financial expenses (income) relating to Merger, conversion and amendments of loans and credit line (113 ) 10,258 Non-GAAP net loss (excluding the above) $ (7,240 ) $ (7,532) Non-GAAP Cost of Revenues Reconciliation Six months ended June 30, 2008 2007 (in thousands) Total revenues $ 5,630 $ 6,294 GAAP cost of revenues: 8,722 7,173 Stock-based option expense in GAAP cost of revenues 41 146 Inventory write-down (including vendor advance payments and royalties) 3,693 958 Non-GAAP cost of revenues (excluding the above) $ 4,988 $ 6,069 Non-GAAP gross margin 11.40% 3.57% Non-GAAP Operating Loss Reconciliation Six months ended June 30, 2008 2007 (in thousands) GAAP operating loss $ (18,357 ) $ (15,965) Stock-based option and share expense in GAAP operating expenses, including Merger related expenses 1,165 2,953 Inventory write-down (including vendor advance payments and royalties) 3,693 958 Non-GAAP operating loss (excluding the above) $ (13,499 ) $ (12,054) Non-GAAP Net Loss Reconciliation Six months ended June 30, 2008 2007 (in thousands) GAAP net loss $ (20,045 ) $ (28,230) Stock based option and share expense in GAAP operating expenses, including merger related expenses 1,165 2,953 Inventory write-down (including vendor advance payments and royalties) 3,693 958 Financial expenses (income) relating to Merger, conversion and amendment of loans and credit line 752 10,258 Non-GAAP net loss (excluding the above) $ (14,435 ) $ (14,061)

We excluded the following items in the development of the non-GAAP financial measures presented:

- Share-based compensation expenses. We have excluded share-based compensation expenses, which consist of expenses for share-based compensation that we began recording under SFAS No. 123(R) in the first quarter of fiscal 2006. We excluded these expenses primarily because they are non-cash expenses that we do not consider part of ongoing operating results when assessing the performance of our business. - Inventory (vendor advance payments and royalty write down). We have excluded the inventory (including vendor advance payments and royalties, and open commitments of slow-moving inventory) write down. Although this may be considered a recurring item, management excludes this write down when evaluating its cost of revenues since it affects the ability to compare periods. - General and administrative expenses recorded in connection with the issuance of stock, stock options and cash bonuses to our senior management. We have excluded expenses recorded in connection with the issuance of stock, stock options and cash bonuses to Mr. Barak and Mr. Haller in connection with the consummation of the Merger and their specific compensation terms following the consummation of the Merger primarily because we believe that excluding these items allows investors to better assess our operating loss and to compare it to previous periods that did not include these expenses. - Finance expenses recorded in connection with the consummation of the Merger. In addition to the above mentioned exclusions, we have also excluded financial expenses recorded in connection with the consummation of the Merger primarily because we believe that excluding these non-recurring items allows investors to better assess our net loss and to compare it to previous periods that did not include these expenses. - Finance expenses recorded in connection with the amendments of the loans and credit line. In addition to the above mentioned exclusions, we have also excluded financial expenses recorded in connection with the amendments of the loans and credit line primarily because we believe that excluding these items allows investors to better assess our net loss and to compare it to previous periods that did not include these expenses. IXI Mobile: KCSA Strategic Communications: Ariella Shoham Marybeth Csaby / Meghan Garrity Marketing Manager +1-212-896-1236 / 1224 Press@ixi.com mcsaby@kcsa.com / mgarrity@kcsa.com

IXI Mobile, Inc.

CONTACT: IXI Mobile: Ariella Shoham, Marketing Manager, Press@ixi.com;
KCSA Strategic Communications: Marybeth Csaby / Meghan Garrity,
+1-212-896-1236 / 1224, mcsaby@kcsa.com / mgarrity@kcsa.com

Entanet Connects With Global Crossing Ethersphere Service to Deliver Benefits of ADSL2+ Broadband

BASINGSTOKE, England, August 21 /PRNewswire/ --

- Customers Benefit From High-Speed Stable Broadband

Global Crossing (Nasdaq: GLBC), a leading global IP solutions provider, today announced that it is supporting Entanet International Ltd.'s new wholesale Asynchronous Digital Subscriber Line 2+ (ADSL2+) broadband service. Using Global Crossing Ethersphere(TM) and other transport services, Global Crossing has provided core network connectivity from Entanet's central network nodes to British Telecom (BT) Wholesale Broadband Connect (WBC) aggregation points in London and around the U.K. Ethersphere provides true utility grade service and is ideal as a transport for private enterprise customer Internet Protocol (IP) networks, or as complete fabric for an ISP's national Ethernet services.

Entanet is a leading communications provider of business-class voice and data connectivity solutions and delivers its services via a partner channel. In 2007, Entanet was selected to be the only non-BT company to participate in the BT 21st Century Network (21CN) WBC trial, with Global Crossing providing connectivity.

Following the success of the pilot in Birmingham and Wolverhampton, the roll-out to the remaining WBC aggregation points, which began earlier this year, is now almost complete.

"In selecting connectivity partners, Global Crossing stood out for a number of reasons in what was a highly competitive bidding process," confirmed Entanet's chief technical officer, Steve Lalonde. "Global Crossing was extremely cost-competitive, has excellent project management skills and the strength of its network has helped us expand our high-speed broadband and stronger converged voice and data offerings to 99 percent of the UK population.

"In addition, we already had a long-standing, successful relationship based on a high-level Service Level Agreement, which gave us complete confidence in Global Crossing's ability to consistently deliver superior quality network support."

"Today's businesses demand more robust and resilient connectivity, as they face increasing communications challenges in linking with a greater number of offices and remote workers, as well as sharing greater volumes of IP data and voice traffic," said Anthony Christie, Global Crossing's managing director, EMEA. "Like us, Entanet has a well-deserved reputation for driving leading-edge technology solutions that directly meet today's customer needs. As a result of this strategic partnership, ISPs and resellers can secure competitive advantage by providing a broader range of faster, more stable and cost-effective connectivity solutions."

Entanet has been proactively involved in the development of 21CN and worked with Global Crossing from an early stage. "In what is a strategically important move for the company, we have made a significant investment in our own network, allowing us to take WBC," said Lalonde. "As part of our 21CN infrastructure development, a key goal was to improve delivery, enabling channel customers to offer more stable and potentially faster ADSL2+ broadband, as well as broader Quality of Service options for those end-users looking to prioritise traffic."

ABOUT ENTANET

Entanet is a leading communications provider of business class voice and data connectivity services, delivered via a channel of Partners. Its voice and data connectivity services meet the needs of diverse customer groups -- reseller Partners looking to market packaged Entanet services; and wholesale Partners looking to take service components in order to sell, deliver and support services entirely under their own brand. The services available to them include wholesale broadband, IP telephony, traditional telecoms such as Wholesale Line Rental and Carrier Pre-Select and bespoke connectivity solutions including leased lines, VPNs, colocation hosting and transit. In 2006 & 2007 Entanet was awarded the accolade of 'Specialist Vendor of the Year -- Products and Services' in the national CRN Channel Awards. It was also awarded Best Internet Telephony and Best Consumer Email at the 2008 ISPA Awards.

First established in 1996, Entanet is now one of the UK's leading communications providers. With a national network and continued ongoing investment, Entanet is fully committed to delivering the highest standards of voice and data service provision throughout the UK.

As part of Entagroup, Entanet provides long-term stability and security to its customers. Founded in 1990, Entagroup is a broad-based IT and communications group with annual sales in excess of GBP200million. For more information, contact marketing@enta.net

ABOUT GLOBAL CROSSING UK TELECOMMUNICATIONS LTD.

Global Crossing UK Telecommunications Ltd. provides a full range of managed telecommunications services in a secure environment ideally suited for IP-based business applications. The company provides managed voice, data, Internet and e-commerce solutions to a strong and established commercial customer base, including more than 100 UK government departments, as well as systems integrators, rail sector customers and major corporate clients. In addition, Global Crossing UK provides carrier services to national and international communications service providers.

ABOUT GLOBAL CROSSING

Global Crossing (Nasdaq: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects approximately 390 cities in more than 30 countries worldwide, and delivers services to approximately 690 cities in more than 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.

Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first global communications provider with IPv6 natively deployed in both its private and public backbone networks.

Please visit www.globalcrossing.com or \\blogs.globalcrossing.com/ for more information about Global Crossing.

Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.

CONTACT GLOBAL CROSSING:

Press Contact Katy Brooks/Jane Rigg The Whiteoaks Consultancy +44-(0)-1252-727313 katyb@whiteoaks.co.uk Analysts/Investors Contact Suzanne Lipton +1-800-836-0342 glbc@globalcrossing.com

GEN/PR1

Web site: http://www.globalcrossing.com http://blogs.globalcrossing.com

Global Crossing

Press, Katy Brooks, katyb@whiteoaks.co.uk, or Jane Rigg, The Whiteoaks Consultancy, +44-(0)-1252-727313; or Analysts/Investors, Suzanne Lipton, +1-800-836-0342, glbc@globalcrossing.com

C&D Technologies Introduces the New C&D TRUE FRONT ACCESS(TM) Battery System

BLUE BELL, Pa., Aug. 21 /PRNewswire-FirstCall/ -- C&D Technologies, Inc. , a leading North American producer and marketer of batteries, battery systems and integrated standby power systems, today announced the release of the new C&D TRUE FRONT ACCESS advanced Valve Regulated Lead Acid (VRLA) batteries for telecommunication applications.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080821/NETH037 )

The continued growth and reliance on data, voice and video communications applications through wireline and wireless systems has driven the need for highly reliable, and increasingly energy dense and cost efficient battery storage solutions. The market for energy storage devices for telecommunications systems in North America alone now exceeds $500 Million, with the global market more than doubling this number to over $1 billion per year.

With the announcement of C&D Technologies' new C&D TRUE FRONT ACCESS battery family, the company addresses a portion of the telecommunications market in which it had not previously participated. As the largest provider of lead-acid batteries to the telecommunications industry in North America, expansion into this segment of the market is a natural fit, building upon decades of sales to all of the major telecommunications companies. These unique batteries will set a new standard of performance in the industry, supporting the build out of new digital fiber optic based systems and upgrade of existing systems requiring added runtime to meet minimum 8 hour backup standards.

Under development for over two years, C&D's new C&D TRUE FRONT ACCESS batteries have been designed in cooperation with the major North American telecommunications companies, through focused "Voice of the Customer" product design reviews. Following successful design demonstration and manufacturing trials, advanced samples of these batteries have been placed with telecommunications operators for early qualification testing. Based on the positive customer feedback that continues to be received, C&D anticipates rapid market acceptance and expansion of market share in this increasingly vital portion of the telecommunications market.

C&D's new C&D TRUE FRONT ACCESS batteries combine field proven reliability of the C&D TELECOM product line with the most advanced design, materials and process technologies available today. Recognizable by their unique front terminal features (patent pending), these batteries offer telecom customers unsurpassed advantages including:

-- TRUE Front access terminals, ensuring system reliability & connection versatility; -- TRUE High Energy Density, offering the highest energy solution in the market; -- TRUE Performance, 100% out of box capacity ratings at installation; -- TRUE Long life design, achieving industry leading 13+ year service life; -- TRUE Seismic Design, offering the highest capacity energy storage system; -- TRUE Flexibility, with multiple models available to fit each customer's unique system power demands.

"The introduction of C&D's newest product family, the C&D TRUE FRONT ACCESS battery system, further strengthens C&D's #1 North American market share position in stationary energy storage solutions," said Dr. Jeffrey Graves, President and CEO of C&D Technologies. Dr. Graves continued, "We are proud to offer these new products which will address the rapidly increasing needs of our full video, voice and data digital-services customers, setting a new benchmark in battery performance and life, while retaining the existing system foot print for maximum customer convenience. With the demonstrated market need from our current customers, we would estimate that this new product family should provide $50 million in an incremental cumulative revenue opportunity over the next three years, exceeding approximately $30 million in annualized sales by 2011, as it penetrates the market in North America. In addition, we will use this design as a platform to more aggressively penetrate the rapidly developing markets outside of North America as we now set our sights on expanding from our #1 position in North America to become the global leader in energy storage solutions."

Dr. Graves concluded, "Coupled with our announcement last quarter of the new and groundbreaking msEndur(R) II battery product family, targeted at wireless telecommunications and data center applications, our expectations for growth in our company continue to rise. We would now expect that the combination of these two major new product families announced this year should provide a cumulative growth opportunity of over $90 million over the next three years. On an annualized basis, this would translate to an estimated incremental annualized revenue opportunity of $50 million by 2011. We expect further exciting new product announcements later this year as our advanced designs continue to move from concept demonstration into production."

Please contact a C&D Representative or contact C&D at 800-543-8630 / http://www.cdtechno.com/

C&D Technologies, Inc.

C&D Technologies' provides power solutions and services for the telecommunications, uninterruptible power supply (UPS), switchgear and control (utility), and emerging markets. C&D Technologies engineers, manufactures, sells and services fully integrated reserve power systems for regulating and monitoring power flow and providing backup power in the event of primary power loss until the primary source can be restored. C&D Technologies' unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. C&D Technologies is headquartered in Blue Bell, PA. For more information about C&D Technologies, visit http://www.cdtechno.com/.

C&D(R) is a registered trademark of C&D Technologies, Inc.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080821/NETH037
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com C&D Technologies, Inc.

CONTACT: Rita Biehl, Marketing Manager, +1-215-619-7806, or
+1-800-543-8630 ext. 806, rbiehl@cdtechno.com, or Ian Harvie, Chief Financial
Officer, +1-215-619-7835, iharvie@cdtechno.com, both of C&D Technologies Inc.

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

The Clearman Law Firm Announces Patent Infringement, Fraud Lawsuit Against Nation's Largest Homebuilders and Home Products ManufacturersPulte, Lennar, David Weekley Homes, Honeywell, Whirlpool, others named as defendants

MARSHALL, Texas, Aug. 21 /PRNewswire/ -- Attorneys from Houston's The Clearman Law Firm are announcing a federal lawsuit filed late yesterday on behalf of the owner of HomeBuilderShowroom.com against a group of nationally recognized homebuilders and home products manufacturers. The 72-page petition alleges the defendants committed trade secret theft, fraud, patent infringement and violated antitrust laws and confidentiality agreements in order to build a competing Web-based business.

According to the lawsuit filed in the U.S. District Court for the Eastern District of Texas in Marshall, the owners of HomeBuilderShowroom.com invented the "Builder's On-Line Assistant" in 1999. The revolutionary service was created as a means of using the Internet to connect homebuilders, manufacturers and homebuyers. The company's design allowed builders to offer standards and upgrades for homes as well as the opportunity for homebuyers to make their purchasing decisions online using virtual showrooms.

The owner of HomeBuilderShowroom.com -- OLA, LLC, a privately held company based in Chicago -- applied to patent the processes associated with "Builder's On-Line Assistant" in January 2000, and received two related patents in 2006 and 2007.

The lawsuit alleges that, prior to securing the patents, OLA reached confidentiality agreements with several of the defendants before providing a demonstration of "Builder's On-Line Assistant." Relying on the confidentiality agreements, the petition continues, OLA revealed details about its methods and service after receiving positive responses from several homebuilders and manufacturers.

However, according to the complaint, the defendants declined to purchase the service offered by OLA, and instead formed a new company that began marketing a nearly identical service in 2005 called "Envision."

The Austin, Texas-based company formed by the homebuilders and home products manufacturers -- Builder Homesite Inc. -- claims on its Web site that the "Envision" service has increased homebuilders' profits by $2,000 to $5,000 per home on more than 150,000 homes thus far. The same language is included on the Web site for New Home Technologies Inc., a Builder Homesite subsidiary.

Attorney Scott Clearman, lead counsel for OLA and founder of The Clearman Law Firm, says his client took every precaution to protect its valuable idea only to see it replicated in violation of the company's patents and agreements.

"The defendants obviously saw the benefit in OLA's idea, but they apparently didn't think they needed the company's permission to use its patents or to honor their confidentiality agreements," Mr. Clearman says. "It's hard for me to believe that these huge companies didn't know what they were doing when they basically copied our client's process verbatim and collaborated to market it themselves."

In addition to Mr. Clearman, OLA also is represented by Brian D. Walsh of The Clearman Law Firm and Matthew J.M. Prebeg, Edward W. Goldstein and Holly H. Barnes of Houston's Goldstein, Faucett & Prebeg.

Notable homebuilders named as defendants in the lawsuit include Atlanta-based Beazer Homes USA, Inc. , Newport Beach, Calif.-based Capital Pacific Holdings, Inc., Dallas-based Centex Real Estate Corp., Houston-based Weekley Homes, L.P. d/b/a David Weekley Homes, Los Angeles-based KB Home , Miami-based Lennar Corporation , Bloomfield Hills, Mich.-based Pulte Homes, Inc. , Irvine, Calif.-based Standard Pacific Corp. and Horsham, Penn.-based Toll Brothers, Inc. .

Also named as defendants are home products manufacturers Atlanta-based Georgia-Pacific Corporation, Lakeville, Minn.-based Hearth & Home Technologies, Inc., Morristown, N.J.-based Honeywell International Inc. , Kohler, Wisc.-based Kohler Co., Taylor, Mich.-based Masco Corporation , Lewisville, Texas-based Overhead Door Corporation, Toledo, Ohio-based Owens Corning , Greenville, S.C.-based Progress Lighting Inc., Palatine, Ill.-based Square D Company, Maumee, Ohio-based Therma-Tru Corp., Federal Way, Wash.-based Weyerhaeuser Company , Benton Harbor, Mich.-based Whirlpool Corporation and York, Penn.-based York International Corporation.

A copy of the lawsuit and more information about The Clearman Law Firm is available at http://www.clearmanlaw.com/.

For more information or to schedule an interview with Mr. Clearman, please contact Bruce Vincent at 800-559-4534 or bruce@androvett.com.

The Clearman Law Firm

CONTACT: Bruce Vincent, 1-800-559-4534, bruce@androvett.com, for The
Clearman Law Firm

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

page 1     page 2     page 3    

News archive of November 2009
1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30