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ATLANTA, Sept. 4 /PRNewswire-FirstCall/ -- American Software, Inc. today reported financial results for the first quarter of fiscal year 2009, achieving 30 consecutive quarters of profitability.

Key first quarter financial highlights include:

-- Total revenues for the quarter ended July 31, 2008 were $19.2 million, a decrease of 12% over the first quarter of fiscal 2008;

-- Software license fees for the quarter ended July 31, 2008 were $2.7 million, a decrease of 46% over the first quarter of fiscal 2008;

-- Services and other revenues for the first quarter ended July 31, 2008 were $9.3 million, a decrease of 5% over the first quarter of fiscal 2008;

-- Maintenance revenues for the quarter ended July 31, 2008 were $7.1 million, an increase of 5% over the first quarter of fiscal 2008; and

-- Operating earnings for the quarter ended July 31, 2008 were approximately $1.3 million, a decrease of 50% compared to operating earnings for the first quarter of fiscal 2008.

GAAP (Generally Accepted Accounting Principles) net earnings were approximately $610,000 or $0.02 per fully diluted share for the first quarter of fiscal 2009 compared to $2.0 million or $0.07 per fully diluted share for the same period last year. Adjusted net earnings, which excludes stock option compensation expense and an acquisition-related amortization of intangibles, for the quarter ended July 31, 2008 were $795,000 or $0.03 per fully diluted share compared to $2.2 million or $0.08 per fully diluted share for the same period last year.

The Company is including adjusted net earnings and adjusted net earnings per diluted share in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP and may be different from non-GAAP net earnings and non-GAAP per share measures used by other companies. The Company believes that this presentation of adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations.

The overall financial condition of the Company remains strong, with cash and investments of approximately $73.7 million and no debt as of July 31, 2008. This is approximately a $1.9 million decrease when compared to July 31, 2007. During the quarter, the Company repurchased 86,239 shares of its common stock for approximately $504,000 under its authorized stock repurchase program and paid approximately $2.3 million in dividends. Also during the quarter, the Company's majority-owned subsidiary, Logility, Inc., repurchased 39,620 shares of its own common stock for approximately $297,000 under its authorized stock repurchase program.

"We are pleased to achieve our 30th consecutive quarter of profitability despite the general market conditions and global economic uncertainty that are impacting capital expenditures," stated James C. Edenfield, President and CEO of American Software. "We will continue to use our financial strength to reinvest in the Company as well as provide a tangible benefit to our shareholders with a quarterly dividend."

"As more companies seek to decrease costs and leverage global suppliers and manufacturing partners, the task of managing the supply chain grows exponentially with each partner," continued Edenfield. "In order to keep pace and achieve needed visibility, companies are seeking the comprehensive supply chain solutions in our product portfolio which provide the ability to reduce costs, optimize production and collaborate in real-time."

Additional highlights for the first quarter of fiscal year 2009 include: Customers and Channels:

-- Notable new and existing customers placing orders with the Company in the first quarter include: the 3M Company, Coty, Galderma Laboratories, Ivory International, Jerry Leigh Entertainment, Meyer Corporation, RG Barry, RG Brands, Roomstore Furniture, Siemens Healthcare Diagnostics, Vaughan Foods and Westcon Group North America.

-- During the quarter, software license agreements were signed with customers located in seven countries including: Australia, Canada, Japan, Kazakhstan, the Netherlands, the United Kingdom and the United States.

-- Logility held the Connections 2008: Saddle up for Supply Chain Success conference in San Antonio, TX. The conference presented the latest trends, technologies and competitive strategies for supply chain professionals and provided interactive educational opportunities and networking for Logility customers with industry leaders and analysts.

-- Logility announced that its customer Intertape Polymer Group received the prestigious 2008 Sailing to New Heights with Logility Award for supply chain excellence. Intertape Polymer Group implemented Logility Voyager Solutions(TM) to increase visibility into customer demand and help build a more efficient supply chain. As a result, Intertape Polymer has reduced total inventory by $40 million year-over-year, improved fill rates from less than 70% to 95%, increased forecast accuracy from 56% to 86%, built stronger internal collaboration and achieved higher customer service levels.

-- Logility announced the 2008 Logility Leadership Award recipients: A.O. Smith Water Products, Basic American Foods, Malt-O-Meal and Shaw Industries. The annual award program recognizes a select group of companies who have been innovative in their efforts to develop and implement collaborative supply chain processes that significantly improve operational performance through the deployment of Logility Voyager Solutions. This year's winners demonstrated success in building collaboration and visibility within their supply chains which has resulted in tangible business benefits including inventory reduction, improved forecast accuracy and higher customer service levels.

-- Managing Automation magazine honored Logility customer Intertape Polymer Group with their High Achiever Award, the highest recognition given for the Supply Network Mastery category at the 2008 Progressive Manufacturing Awards. Intertape Polymer Group was one of 50 manufacturers recognized as a Progressive Manufacturer by Managing Automation and one of eight to receive a top award in a category of distinction. Intertape Polymer Group was awarded the High Achiever Award for successfully restructuring their supply chain processes to alleviate challenges that arose as a result of rapid growth through acquisitions. Intertape Polymer Group's new supply chain structure, supported by Logility Voyager Solutions, has resulted in increased fill rates, higher forecast accuracy and reduced inventory.

Technology and Company:

-- Demand Management, Inc., a wholly-owned subsidiary of Logility, announced it has fulfilled the requirements for the Microsoft Certified Partner designation with the ISV Competency. The Company's popular Demand Solutions(R) forecasting and inventory planning products have successfully passed the Software Solution Test for Microsoft Dynamics NAV 5.0 and have met the ISV competency requirements.

-- Fortune Small Business included Logility in its annual listing of the Fastest-Growing Small Public Companies in America for the second consecutive year. The FSB 100 ranked Logility in the Top 25 of the list of 100 companies for 2008. Companies are ranked based on growth in earnings per share, revenues and stock performance over the past three years. According to Fortune Small Business, more than half of the companies that were listed in 2007 did not make the 2008 list. Logility was ranked for the first time in 2007 at 70 and this year increased its ranking to 24.

-- Logility was named to Aberdeen Group's listing of the Top 100 Most Influential Technology Vendors recently showcased in the Aberdeen Annual State of the Market Report. The Top 100 recognizes the technology vendors that have excelled at providing value to the business community. Logility was selected for inclusion in the list of software, hardware and service providers that featured several well-known global brands such as Microsoft, IBM, Dell and Logility customer Verizon Wireless. Aberdeen Group's selection of the Top 100 was based on five years of Aberdeen's market research which included data gathered from over 4,600 enterprises, and additional insights from 35,000 senior-level interviews as well as Aberdeen's 2.5 million readers.

-- Logility was named a 2008 Great Supply Chain Partner by Global Logistics & Supply Chain Strategies (GL&SCS) magazine. It is the fifth year since the award's inception in 2003 that Logility has received the prestigious recognition for its success helping companies solve supply chain challenges. This year nearly 1,500 companies were nominated and included various types of supply chain vendors across the globe. Only 100 vendors were named a 2008 Great Supply Chain Partner.

-- New Generation Computing (NGC(R)), a wholly-owned subsidiary of the Company, announced that Inbound Logistics magazine selected NGC as one of the Top 100 Logistics IT Companies for 2008. This prestigious recognition is designed to provide supply chain and logistics executives with a complete guide to the industry's best-in-class technology and service providers.

-- New Generation Computing (NGC), the Company's wholly-owned subsidiary, announced the integration of NGC's RedHorse(R) apparel ERP software with the Demand Solutions(R) planning suite. RedHorse is a comprehensive, apparel-specific ERP system that allows companies to easily view real-time business data and monitor Key Performance Indicators (KPIs) such as sales, profits, inventory, accounts receivable, accounts payable, and other critical business functions. The Demand Solutions planning suite encompasses the full spectrum of supply chain management, including sales and operations planning, forecasting, collaboration, inventory management, manufacturing planning and retail planning.

About American Software, Inc.

Headquartered in Atlanta, American Software develops, markets and supports one of the industry's most comprehensive offerings of integrated business applications, including supply chain management, Internet commerce, financial, warehouse management and manufacturing packages. e-Intelliprise(TM) is an ERP/supply chain management suite, which leverages Internet connectivity and includes multiple manufacturing methodologies. American Software owns 88% of Logility, Inc. , a leading provider of collaborative supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility is proud to serve such customers as Avery Dennison Corporation, BP (British Petroleum), Hyundai Motor America, Leviton Manufacturing Company, McCain Foods, Pernod-Ricard, Sigma Aldrich and Under Armour Performance Apparel. 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. Headquartered in Miami, NGC's worldwide customers include Dick's Sporting Goods, Wilsons Leather, Kellwood, Hugo Boss, Russell Corp., Ralph Lauren Childrenswear, Haggar Clothing Company, Maidenform, William Carter and VF Corporation. For more information on the Company, contact: American Software, 470 East Paces Ferry Rd., Atlanta, GA 30305; (800) 726-2946 or (404) 261-4381. FAX: (404) 264-5206. INTERNET: http://www.amsoftware.com/ or e-mail: ask@amsoftware.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company's products and services, including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the Company's ability to satisfy in a timely manner all SEC required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; the challenges and risks associated with integration of acquired product lines and companies; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2008 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.

e-Intelliprise is a trademark of American Software, Logility is a registered trademark and Logility Voyager Solutions is a trademark of Logility, Demand Solutions is a registered trademark of Demand Management, and NGC is a registered trademark and REDHORSE is a trademark of New Generation Computing. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

AMERICAN SOFTWARE, INC. Consolidated Statements of Operations Information (In thousands, except per share data) (Unaudited) First Quarter Ended July 31, Pct 2008 2007 Chg. Revenues: License $2,742 $5,120 (46%) Services & other 9,331 9,787 (5%) Maintenance 7,125 6,815 5% Total Revenues 19,198 21,722 (12%) Cost of Revenues: License 1,288 1,685 (24%) Services & other 6,008 6,823 (12%) Maintenance 1,814 1,761 3% Total Cost of Revenues 9,110 10,269 (11%) Gross Margin 10,088 11,453 (12%) Operating expenses: Research and development 2,336 2,435 (4%) Less: capitalized development (507) (525) (3%) Sales and marketing 3,796 3,392 12% General and administrative 3,094 3,517 (12%) Acquisition related amortization of intangibles 88 88 0% Total Operating Expenses 8,807 8,907 (1%) Operating Earnings 1,281 2,546 (50%) Interest Income (expense) & Other, Net (136) 916 nm Earnings Before Income Taxes and Minority Interest 1,145 3,462 (67%) Income Tax Expense 448 1,271 (65%) Minority Interest Expense 87 236 (63%) Net Earnings $610 $1,955 (69%) Earnings per common share: (1) Basic $0.02 $0.08 (75%) Diluted $0.02 $0.07 (71%) Weighted average number of common shares outstanding: Basic 25,393 25,126 Diluted 25,984 26,819 Reconciliation of Adjusted Net Earnings: Net Earnings $610 $1,955 Acquisition related amortization of intangibles (2) 54 87 Stock-based compensation (2) 131 179 Adjusted Net Earnings $795 $2,221 (64%) Adjusted Net Earnings per Diluted Share $0.03 $0.08 (63%) (1) - Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted per share for Class B shares under the two-class method are $0.02 and $0.08 for the three months ended July 31, 2008 and 2007. (2) - Tax affected nm- not meaningful AMERICAN SOFTWARE, INC. Consolidated Balance Sheet Information (In thousands) (Unaudited) July 31, April 30, 2008 2008 Cash and Short-term investments $73,704 $76,141 Accounts Receivable: Billed 11,104 12,563 Unbilled 2,840 3,311 Total Accounts Receivable, net 13,944 15,874 Prepaids & Other 2,866 2,946 Current Assets 90,514 94,961 PP&E, net 7,277 6,903 Capitalized Software, net 4,563 4,657 Goodwill 11,669 11,912 Other Intangibles, net 1,262 1,586 Non-current Assets 191 198 Total Assets $115,476 $120,217 Accounts Payable $709 $1,578 Accrued Compensation and Related costs 1,705 2,260 Other Current Liabilities 3,606 3,694 Dividend Payable 2,283 2,286 Deferred Tax Liability 610 640 Deferred Revenues 15,315 16,441 Current Liabilities 24,228 26,899 Deferred Tax Liability 1,076 1,202 Minority Interest 5,781 5,621 Shareholders' Equity 84,391 86,495 Total Liabilities & Shareholders' Equity $115,476 $120,217

American Software, Inc.

CONTACT: Vincent C. Klinges, Chief Financial Officer of American
Software, Inc., +1-404-264-5477

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

Company News On-Call: http://www.prnewswire.com/comp/048263.html

Logility Reports Preliminary First Quarter of Fiscal Year 2009 ResultsCompany Reports 13th Consecutive Quarter of Profitability

ATLANTA, Sept. 4 /PRNewswire-FirstCall/ -- Logility, Inc. , a leading supplier of collaborative solutions to optimize the supply chain, today announced financial results for the first quarter of fiscal year 2009, achieving 13 consecutive quarters of profitability.

Key first quarter financial highlights include:

-- Total revenues for the quarter ended July 31, 2008 were $9.4 million, a decrease of 22% over the first quarter of fiscal 2008;

-- Software license fees for the quarter ended July 31, 2008 were $2.0 million, a decrease of 57% over the first quarter of fiscal 2008;

-- Services and other revenues for the quarter ended July 31, 2008 were $1.6 million, a decrease of 22% over the first quarter of fiscal 2008;

-- Maintenance revenues for the quarter ended July 31, 2008 were $5.8 million, an increase of 10% over the first quarter of fiscal 2008; and

-- Operating earnings for the quarter ended July 31, 2008 were approximately $986,000, a decrease of 67% compared to operating earnings for the first quarter of fiscal 2008.

GAAP (Generally Accepted Accounting Principles) net earnings were $694,000 or $0.05 earnings per fully diluted share for the first quarter of fiscal 2009 compared to net earnings of $1.8 million or $0.14 earnings per fully diluted share for the first quarter of fiscal 2008. Adjusted net earnings, which exclude stock option compensation expense and acquisition-related amortization of intangibles expense, for the quarter ended July 31, 2008 were $817,000 or $0.06 earnings per fully diluted share compared to adjusted net earnings of $2.3 million or $0.17 earnings per fully diluted share for the same period last year.

The Company is including adjusted net earnings and adjusted net earnings per share in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP and may be different from non-GAAP net earnings and non-GAAP per share measures used by other companies. The Company believes that this presentation of adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations.

The overall financial condition of the Company remains strong, with cash and investments of approximately $44.4 million as of July 31, 2008. This is approximately a $1.7 million sequential increase in cash and investments compared to April 30, 2008 and approximately a $8.2 million increase compared to July 31, 2007. During the quarter, the Company repurchased 39,620 of its common shares for approximately $297,000 under its authorized stock repurchase program.

"Although disappointed with license fee revenues for the quarter, we are pleased with Logility's overall performance, adding 23 new customers and contributing a significant sequential increase in cash of $1.7 million over the prior quarter," noted Mike Edenfield, Logility president and CEO. "With the completion of our 13th consecutive quarter of profitability, I remain confident in our solutions, people, business strategy and ability to compete and win."

"With the current global economy, businesses are looking to increase visibility, lower operating costs and respond quickly to dynamic market conditions," continued Edenfield. "Leaders are investing in supply chain technology to accelerate the sales and operations planning (S&OP) process, streamline new product introductions, and harness the benefits of a global marketplace to increase profits. We firmly believe both our Demand Solutions(R) and Logility Voyager Solutions(TM) brands offer innovative, proven solutions to help companies address these challenges during both prosperous and lean economic environments."

Highlights for the first quarter of fiscal 2009 include: Customers & Channels:

-- Notable new and existing customers placing orders with Logility in the first quarter include: Galderma Laboratories, Meyer Corporation, RG Brands, Roomstore Furniture, Siemens Healthcare Diagnostics, Vaughan Foods and Westcon Group North America.

-- During the quarter, software license agreements were signed with customers located in six countries including: Australia, Canada, Japan, Kazakhstan, the Netherlands and the United States.

-- Logility announced that its customer Intertape Polymer Group received the prestigious 2008 Sailing to New Heights with Logility Award for supply chain excellence. Intertape Polymer Group implemented Logility Voyager Solutions to increase visibility into customer demand and help build a more efficient supply chain. As a result, Intertape Polymer has reduced total inventory by $40 million year-over-year, improved fill rates from less than 70% to 95%, increased forecast accuracy from 56% to 86%, built stronger internal collaboration and achieved higher customer service levels.

Technology and Company:

-- Logility was named a 2008 Great Supply Chain Partner by Global Logistics & Supply Chain Strategies (GL&SCS) magazine. It is the fifth year since the award's inception in 2003 that Logility has received the prestigious recognition for its success in helping companies solve supply chain challenges. This year nearly 1,500 companies were nominated and included various types of supply chain vendors across the globe. Only 100 vendors were named a 2008 Great Supply Chain Partner.

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/.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company's products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the challenges and risks associated with integration of acquired product lines and companies; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2008 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206; INTERNET: http://www.logility.com/ or E-mail: askLogility@logility.com.

Logility is a registered trademark and Logility Voyager Solutions is a trademark of Logility. Demand Solutions is a registered trademark of Demand Management, Inc., a wholly-owned subsidiary of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

LOGILITY, INC. Consolidated Statements of Operations Information (In thousands, except per share data) (Unaudited) First Quarter Ended July 31, Pct 2008 2007 Chg. Revenues: License $2,009 $4,677 (57%) Services & other 1,569 2,013 (22%) Maintenance 5,810 5,275 10% Total Revenues 9,388 11,965 (22%) Cost of Revenues: License 1,252 1,634 (23%) Services & other 902 1,022 (12%) Maintenance 1,191 1,080 10% Total Cost of Revenues 3,345 3,736 (10%) Gross Margin 6,043 8,229 (27%) Operating expenses: Research and development 1,772 1,877 (6%) Less: capitalized development (507) (525) (3%) Sales and marketing 2,475 2,452 1% General and administrative 1,229 1,337 (8%) Acquisition related amortization of intangibles 88 88 0% Total Operating Expenses 5,057 5,229 (3%) Operating Earnings 986 3,000 (67%) Interest Income & Other, Net 156 409 (62%) Earnings Before Income Taxes 1,142 3,409 (67%) Income Tax Expense 448 1,562 (71%) Net Earnings $694 $1,847 (62%) Earnings per common share: Basic $0.05 $0.14 (64%) Diluted $0.05 $0.14 (64%) Weighted Average Number of Common Shares: Basic 12,860 12,932 Diluted 13,091 13,315 Reconciliation of Adjusted Net Earnings: Net Earnings $694 $1,847 Acquisition related amortization of intangibles(1) 53 53 Stock-based compensation (1) 70 89 Tax valuation adjustment (non-cash) - 283 Adjusted net earnings $817 $2,272 (64%) Adjusted Net Earnings per Share - Diluted $0.06 $0.17 (65%) (1) - Tax affected LOGILITY, INC. Consolidated Balance Sheet Information (in thousands) (Unaudited) July 31, April 30, 2008 2008 Cash and Short-term investments $44,429 $42,732 Accounts Receivable: Billed 4,551 6,897 Unbilled 1,515 1,424 Total Accounts Receivable, net 6,066 8,321 Deferred Tax Assets 73 74 Prepaids & Other Current Assets 2,252 2,256 Current Assets 52,820 53,383 PP&E, net 377 401 Capitalized Software, net 4,512 4,560 Goodwill 5,809 5,809 Other Intangibles, net 777 871 Non-current Assets 40 48 Total Assets $64,335 $65,072 Accounts Payable $249 $543 Accrued Compensation and Related costs 772 1,282 Accrued Reseller Commissions 1,235 1,013 Other Current Liabilities 737 965 Due to American Software Inc. 756 638 Deferred Revenues 11,766 12,622 Current Liabilities 15,515 17,063 Deferred Tax Liability 1,616 1,620 Shareholders' Equity 47,204 46,389 Total Liabilities & Shareholders' Equity $64,335 $65,072

Logility, Inc.

CONTACT: Vincent C. Klinges, Chief Financial Officer of Logility, Inc.,
+1-404-264-5477

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

Company News On-Call: http://www.prnewswire.com/comp/120967.html

Salesforce.com Chairman and CEO to Deliver Keynote Presentation at Deutsche Bank Technology ConferenceEvent to be Webcast Live on salesforce.com's Investor Relations Website

SAN FRANCISCO, Sept. 4 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) today announced that Marc Benioff, Chairman and CEO of salesforce.com, will deliver keynote presentation at the Deutsche Bank Technology Conference on Tuesday, September 9, 2008 at 12:05 pm (PT) / 3:05 pm (ET), in San Francisco, CA.

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

An audio webcast of Mr. Benioff's presentation will be available on salesforce.com's website at http://www.salesforce.com/investor.

About salesforce.com

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

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

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

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

CONTACT: Investor Relations, David Havlek, +1-415-536-2171,
dhavlek@salesforce.com, or Public Relations, Gordon Evans, +1-415-536-7608,
gevans@salesforce.com, both of salesforce.com

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

Source Interlink Reports Fiscal 2009 Second Quarter Results- Company Achieves Solid Results from Fulfillment Divisions -- Media Segment Impacted by Challenging Advertising Environment -

BONITA SPRINGS, Fla., Sept. 4 /PRNewswire-FirstCall/ -- Source Interlink Companies, Inc. , one of the largest publishers of magazines and online content for enthusiast audiences and a leading distributor of DVDs, CDs, magazines, video games and books, today announced financial results for the fiscal 2009 second quarter ending July 31, 2008. Adjusted income from continuing operations for the fiscal 2009 second quarter totaled $5.4 million, or $0.10 per diluted share, up 14.1 percent over the prior year.

Adjusted Results* GAAP Results ($ in millions) ($ in millions) 2Q09 2Q08 % Change 2Q09 2Q08 % Change Revenue $577.5 $434.1 33.0% $576.7 $434.1 32.8% Periodical Fulfillment 251.7 238.9 5.3% 251.7 238.9 5.3% DVD/CD Fulfillment 207.8 195.2 6.5% 207.8 195.2 6.5% Source Interlink Media 125.4 - - 124.5 - - Eliminations (7.4) - - (7.4) - - Operating Income $32.9 $10.4 217.5% $14.6 $6.6 121.8% Income from continuing operations $5.4 $4.7 14.1% $(15.9) $2.4 (752.1)% EPS - Diluted $0.10 $0.09 11.1% $(0.30) $0.04 (850.0)% Adjusted Results* GAAP Results ($ in millions) ($ in millions) 1H09 1H08 % Change 1H09 1H08 % Change Revenue $1,192.7 $909.6 31.1% $1,191.0 $909.6 30.9% Periodical Fulfillment 521.2 483.5 7.8% 521.2 483.5 7.8% DVD/CD Fulfillment 436.4 426.0 2.4% 436.4 426.0 2.4% Source Interlink Media 249.5 - - 247.9 - - Eliminations (14.4) - - (14.4) - - Operating Income $69.9 $22.5 210.2% $(236.6) $15.4 (1635.3)% Income from continuing operations $15.0 $9.9 51.3% $(296.7) $5.7 (5348.5)% EPS - Diluted $0.29 $0.19 52.6% $(5.67) $0.11 (5254.5)% * Please see "Financial Highlights" section of this press release for definition and reconciliation of non-GAAP financial measures.

"We achieved solid results in our fulfillment businesses during the second quarter, driven by market share growth and the continued benefits of our consolidation and cost reduction efforts, however, our media business was significantly impacted by a challenging advertising environment and some softness at the newsstand," said Michael R. Duckworth, Chairman of Source Interlink. "Despite the economy, our strategies remain intact. We are focused on building scale in fulfillment, expanding our digital platform in publishing, and lowering our cost structure across the organization. As we work toward these goals, our business fundamentals remain strong and we expect to see improved performance once the economy returns to a more normalized level of activity."

Financial Highlights

Adjusted income from continuing operations for the fiscal 2009 second quarter totaled $5.4 million, or $0.10 per diluted share. Adjusted revenue totaled $577.5 million. Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for the quarter totaled $40.8 million, a 196.8% increase over the same period last year. Adjusted operating income for the second quarter totaled $32.9 million, an increase of 217.5% over the prior year quarter. Adjusted operating margins increased to 5.7% from 2.4%. GAAP loss from continuing operations for the fiscal 2009 second quarter totaled ($15.9) million, or ($0.30) per diluted share, compared to a fiscal 2008 second quarter income of $2.4 million, or $0.04 per diluted share.

GAAP revenue for fiscal 2009 second quarter increased $142.6 million or 32.8% to $576.7 million compared to the prior year total GAAP revenue of $434.1 million. The increase in revenue year-over-year is due, in large part, to the acquisition of the Source Interlink Media Segment ("SIM" or "Media") on August 1, 2007.

Adjusted income from continuing operations for the six month period ending July 31, 2008 totaled $15.0 million, or $0.29 per diluted share, on total revenue of $1,192.7 million. Adjusted EBITDA for the six month period totaled $85.2 million, a 185.2% increase over last year. GAAP income from continuing operations for the six month period ended July 31, 2008 decreased $302.4 million to a loss of ($296.7) million or ($5.67) per diluted share as compared to income of $5.7 million or $0.11 per diluted share for the same period last year. GAAP revenue in the current six month period increased $281.4 million or 30.9% to $1,191.0 million compared to prior year first half total revenue of $909.6 million.

The reported GAAP loss from continuing operations in the first half of fiscal year 2009 includes a non-cash impairment charge of $270.8 million, or $5.18 per share, for goodwill and indefinite-lived trade names related to certain reporting units of the Media Segment. This impairment charge was a result of our fiscal year 2009 FAS 142 first quarter impairment analysis. This determination was based largely on management's projections regarding the revenues and profitability of the Media Segment as well as the effects of the recent credit market changes, the continued economic downturn and the related effects on advertising and consumer discretionary spending. The charge was measured on the basis of comparison of estimated fair values with corresponding book values and relates primarily to goodwill and trade names recorded in connection with our acquisition of SIM. These fair values were determined in accordance with Company policy as well as FAS 142 and other relevant guidance.

The Company uses both Generally Accepted Accounting Principles (GAAP), and non-GAAP or adjusted financial measures, to evaluate and report the results of its business. A reconciliation of the non-GAAP financial measures to the comparable GAAP financial measure is available on the Company's home page at http://www.sourceinterlink.com/ by selecting "Reconciliation of Non-GAAP Financial Measures."

The Company provides non-GAAP or adjusted financial information in order to provide meaningful supplemental information regarding its operational performance and to enhance investors' overall understanding of the Company's current financial performance and prospects for the future. The Company believes that investors benefit from seeing its results "through the eyes" of management in addition to the GAAP presentation. Management measures Segment and enterprise performance using measures such as those disclosed in this release. This information facilitates management's internal comparisons to the Company's historical operating results.

Non-GAAP or adjusted information allows for greater transparency to supplemental information used by management in its financial and operational decision making. This information is not in accordance with or an alternative for, GAAP in the United States. It excludes items, such as amortization of acquired intangible assets, impairment charges, charges incurred to consolidate and integrate distribution facilities of recently acquired businesses and non-cash stock-based compensation that may have a material effect on the Company's net income and net income per share calculated in accordance with GAAP. Management monitors these items to ensure that expenses are in line with expectations and that its GAAP results are correctly stated, but does not use them to measure the ongoing operating performance of the Company. The non-GAAP or adjusted information provided by the Company may be different from the non-GAAP or adjusted information provided by other companies.

GAAP and adjusted earnings per share were calculated on 52.4 million and 52.3 million diluted shares outstanding in the fiscal 2008 and 2009 second quarters, respectively.

See table below for reconciliation of GAAP financial results to adjusted amounts for the three month period and six month period ended July 31, 2008. Adjusted Income from Continuing Operations was calculated utilizing a tax rate of 3 percent and 40 percent for the three and six months ended July 31, 2008 and July 31, 2007, respectively.

Q2 2009 Operating Income DVD Periodical Income and CD Fulfill- from Fulfill- ment Shared Consoli- Continuing (in thousands) Media ment Services Services dated Operations GAAP $15.0 $2.4 $2.2 $(5.0) $14.6 $(15.9) Adjustments: Amortization of acquired intangibles 8.9 1.1 1.5 - 11.5 11.5 Stock compensation expense - - - 0.1 0.1 0.1 Deferred revenue 0.8 - - - 0.8 0.8 Integration and relocation expenses 0.0 1.2 - 0.1 1.3 1.3 Write off of acquisition related assets - - 4.6 - 4.6 4.6 Minority interest / accretion of A.com liability - - - - - 0.6 Amortization of Bridge Facility fees - - - - - 1.4 Write off of deferred financing fees - - - - - 1.0 Difference between GAAP and Adjusted tax rate - - - - - (0.2) Adjusted $24.8 $4.7 $8.3 $(4.8) $32.9 $5.4 DVD Periodical and CD Fulfill- Fulfill- ment Shared Consoli- (in thousands) Media ment Services Services dated Adjusted operating income $24.8 $4.7 $8.3 $(4.8) $32.9 Depreciation and other amortization 3.2 2.2 1.6 0.9 7.9 Other income (expense) - - 0.1 (0.1) 0.0 Adjusted EBITDA $27.9 $7.0 $10.0 $(4.0) $40.8 Q2 2008 Operating Income DVD Periodical Income and CD Fulfill- from Fulfill- ment Shared Consoli- Continuing (in thousands) Media ment Services Services dated Operations GAAP $- $3.9 $6.9 $(4.1) $6.6 $2.4 Adjustments: Amortization of acquired intangibles - 2.6 1.4 - 3.9 2.4 Disposal of land, building and equipment, net - - (0.2) - (0.2) (0.1) Adjusted $- $6.4 $8.1 $(4.1) $10.4 $4.7 CD and DVD Magazine Fulfill- Fulfill- Shared Consoli- (in thousands) Media ment ment Services dated Adjusted operating income $- $6.4 $8.1 $(4.1) $10.4 Depreciation and other amortization - 1.6 1.1 0.5 3.3 Other income (expense) - - 0.1 (0.0) 0.1 Adjusted EBITDA $- $8.0 $9.3 $(3.6) $13.8 6 Months 2009 Operating Income DVD Periodical Income and CD Fulfill- from Fulfill- ment Shared Consoli- Continuing (in thousands) Media ment Services Services dated Operations GAAP $(245.1) $8.2 $12.0 $(11.7) $(236.6) $(296.7) Adjustments: Amortization of acquired intangibles 18.2 2.2 2.9 - 23.3 23.3 Stock compensation expense - - - 0.1 0.1 0.1 Deferred revenue 1.7 - - - 1.7 1.7 Integration, consolidation and relocation expenses 2.0 1.4 0.5 0.1 4.0 4.0 Writeoff of goodwill and tradename intangibles 270.8 - - - 270.8 270.8 Write off of acquisition related assets - - 4.6 1.9 6.5 6.5 Minority interest / accretion of A.com liability - - - - - 1.0 Amortization of Bridge Facility fees - - - - - 3.7 Write off of deferred financing fees - - - - - 1.0 Difference between GAAP and Adjusted tax rate - - - - - (0.5) Adjusted $47.6 $11.8 $19.9 $(9.5) $69.9 $15.0 DVD Periodical and CD Fulfill- Fulfill- ment Shared Consoli- (in thousands) Media ment Services Services dated Adjusted operating income $47.6 $11.8 $19.9 $(9.5) $69.9 Depreciation and other amortization 6.1 4.4 3.5 1.7 15.7 Other income (expense) - - (0.2) (0.2) (0.4) Adjusted EBITDA $53.7 $16.3 $23.2 $(8.0) $85.2 6 Months 2008 Operating Income DVD Periodical Income and CD Fulfill- from Fulfill- ment Shared Consoli- Continuing (in thousands) Media ment Services Services dated Operations GAAP $- $10.5 $13.9 $(8.9) $15.4 $5.7 Adjustments: Amortization of acquired intangibles - 4.4 2.7 - 7.1 4.3 Losses (gains) on disposal of fixed assets - - (0.2) - (0.2) (0.1) Stock compensation expense - - - 0.179 0.2 0.1 Adjusted $- $14.9 $16.4 $(8.8) $22.5 $9.9 DVD Periodical and CD Fulfill- Fulfill- ment Shared Consoli- (in thousands) Media ment Services Services dated Adjusted operating income $- $14.9 $16.4 $(8.8) $22.5 Depreciation and other amortization - 3.8 2.3 1.1 7.2 Other income - - 0.2 0.0 0.2 Adjusted EBITDA $- $18.7 $18.8 $(7.6) $29.9

The table below reports free cash flow results on a comparative basis for the three month and six month periods ended July 31 for fiscal years 2008 and 2009. Free cash flow is comprised of cash flow from operations on a GAAP basis, which includes changes in working capital, the net claiming activity relating to our RDA Advance Pay Program, less capital expenditures.

Free Cash Flow Three Months ended Six Months ended July 31, July 31, 2008 2007 2008 2007 Cash provided by (used in) operating activities $24.5 $2.6 $12.0 $9.5 Net claiming activity $(1.8) $7.6 $0.3 $11.9 Capital expenditures $(10.4) $(5.4) $(19.0) $(9.4) Free cash flow $12.3 $4.8 $(6.6) $12.0 Segment Results

Source Interlink Media Segment - Source Interlink Media, formerly Enthusiast Media, was acquired on August 1, 2007. Results provided for prior periods are for comparative purposes only.

For the three months ended July 31, 2008, the Company's Media Segment reported adjusted revenue of $125.4 million, adjusted EBITDA of $27.9 million, gross margin of 72.7% and adjusted operating income of $24.8 million for the second quarter. For comparative purposes only, revenue for the second quarter of last year was $143.7 million, adjusted EBITDA was $35.2 million and gross margin was 66.1%. The primary driver of the decrease in revenue and EBITDA relates to the weakness in the print advertising markets, particularly in the automotive and marine groups. Advertising revenue was down approximately $13.8 million or 16.7%.

For the six month period ended July 31, 2008, the Media Segment reported adjusted revenue of $249.5 million, adjusted EBITDA of $53.7 million, gross margin of 72.9% and adjusted operating income of $47.7 million. For comparative purposes only, revenue for the six month period last year was $278.2 million, adjusted EBITDA was $65.7 million and gross margin was 66.4%.

Periodical Fulfillment Services Segment - For the three months ended July 31, 2008, the Company's Periodical Fulfillment Services Segment, which includes segments previously referred to as Magazine Fulfillment and In-Store Services Segments, reported GAAP revenue of $251.7 million compared with $238.9 million in the prior year second quarter, an increase of approximately 5.3%. GAAP gross profit margins remained consistent, decreasing slightly from 23.8% in the prior year period to 23.5% in the current period. Adjusted operating income increased 1.9% to $8.3 million in the fiscal 2009 second quarter. Adjusted EBITDA for the Segment during the second quarter was $10.0 million, an increase of $0.7 million or 7.0% as compared to the prior year second quarter. The increased profitability is related primarily to increased sales for the quarter coupled with continued cost savings recognized from the distribution center consolidation project.

For the six month period ended July 31, 2008, the Periodical Fulfillment Services Segment reported GAAP revenue of $521.2 million compared with $483.5 million in the prior year six month period, an increase of approximately 7.8%. GAAP gross profit margins remained consistent, decreasing slightly from 24.1% in the prior year period to 23.8% in the current period. Adjusted operating income increased 21.8% to $19.9 million in the fiscal 2009 six month period. Adjusted EBITDA for the Segment during the six month period was $23.2 million, an increase of $4.4 million or 23.4% as compared to the prior year period.

DVD and CD Fulfillment Segment - For the three months ended July 31, 2008, the DVD and CD Fulfillment Segment reported GAAP revenue of $207.8 million, gross margin of 17.4% and adjusted operating income of $4.7 million for the second quarter. Adjusted EBITDA for the quarter was $7.0 million, a decrease of 13.5% compared to the prior year quarter. Sales of DVDs increased 13.5% to $102.7 million, and CD revenue remained flat at approximately $100 million. Adjusted operating margins decreased from 3.3% in the prior year second quarter to 2.3% in the current year period. Gross profit margins for the second quarter decreased to 17.4% from 18.7%. The decreases are primarily related to new customers carrying lower gross margins and increases in freight and distribution costs in the quarter.

For the six month period ended July 31, 2008, the DVD and CD Fulfillment Segment reported GAAP revenue of $436.4 million, gross margin of 17.2% and adjusted operating income of $11.8 million. Adjusted EBITDA for the period was $16.3 million, a decrease of 12.9% compared to the prior year six month period. Sales of DVDs increased 2.4% to $214.3 million, and CD revenue increased 1.2% to $211.2 million. Adjusted operating margins decreased from 3.5% in the prior year period to 2.7% in the current year period. Gross profit margins for the six month period decreased to 17.2% from 18.0%.

Shared Services Segment - The Shared Services Segment consists of corporate and shared overhead functions associated with the individual operating Segments. The adjusted EBITDA loss attributed to Shared Services increased to ($4.0) million from ($3.6) million in the prior year.

For the six month period ended July 31, 2008, the Shared Services Segment adjusted EBITDA loss increased to ($8.0) million from ($7.6) million in the prior year.

Fiscal 2009 Second Quarter Conference Call

Source Interlink Companies, Inc. will host a teleconference to discuss its fiscal 2009 second quarter on Thursday, September 4, 2008 at 4:30 p.m. Eastern Time. To access the teleconference, please dial 877-323-2090 (U.S. callers) and 416-695-9753 (Int'l callers), referencing Source Interlink Companies, ten minutes prior to the start time. The teleconference will also be available via live webcast on the Company's Web site athttp://www.sourceinterlink.com/. A slide presentation, titled "Fiscal 2009 Second Quarter Financial Presentation," that corresponds with the financial portion of management's presentation of 2009 results has been posted on the Company's Web site. You can find the presentation by going to the Investor Relations homepage and by selecting "Corporate Materials." A replay of the conference call will be available through Thursday, September 11, 2008. It can be accessed by dialing 800-408- 3053 (U.S. callers) or 416-695-5800 (Int'l callers), passcode 3268929. The webcast will also be archived on http://www.sourceinterlink.comfor/ 30 days.

About Source Interlink Companies, Inc.

Source Interlink Companies, Inc. , a media and marketing services company, is one of the largest publishers of magazines and online content for enthusiast audiences and is also a leading distributor of home entertainment products, including DVDs, music CDs, magazines, video games, books, and related items. Source Interlink serves over 100,000 retail store locations throughout North America. Supply chain relationships include consumer goods advertisers, subscribers, movie studios, record labels, magazine and newspaper publishers, confectionary companies and manufacturers of general merchandise.

The Company's fully integrated businesses and activities include: -- Publishing more than 75 magazines, providing enthusiast media content including television and radio programs, over 100 events, 90 related Web sites and 400 branded products for automobile, marine, equine, outdoor sports, home tech and daytime television -- Distribution and fulfillment of entertainment products to major retail chains throughout North America and directly to consumers of entertainment products ordered through the Internet -- Import and export of periodicals to more than 100 markets worldwide -- Managing product selection and placement of impulse items at checkout counters -- Processing and collection of rebate claims and management of point-of-purchase sales data -- Design, manufacture and installation of wire fixtures and displays in major retail chains -- Licensing of children's and family-friendly home entertainment products

For more information, please visit the Company's Web site at http://www.sourceinterlink.com/.

This press release contains certain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the U.S. Private Securities Litigation Reform Act of 1995, including statements relating to, among other things, future business plans, strategies and financial position, working capital and capital expenditure needs, growth opportunities, and any statements of belief and any statements of assumptions underlying any of the foregoing.

These forward-looking statements reflect Source Interlink's current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause future events, achievements or results to differ materially from those expressed by the forward-looking statements. Factors that could cause actual results to differ include: (i) adverse trends in advertising spending; (ii) interest rate volatility and the consequences of significantly increased debt obligations (iii) price volatility in fuel, paper and other raw materials used in our businesses; (iv) market acceptance of and continuing retail demand for physical copies of magazines, books, DVDs, CDs and other home entertainment products; (v) our ability to realize additional operating efficiencies, cost savings and other benefits from recent acquisitions, (iii) an evolving market for entertainment media, (vi) the ability to obtain product in sufficient quantities; (vii) adverse changes in general economic or market conditions; (viii) the ability to attract and retain employees; (ix) intense competition in the marketplace and (x) other events and other important factors disclosed previously and from time to time in Source Interlink's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 30, 2008.

Source Interlink does not intend to, and disclaims any duty or obligation to, update or revise any forward-looking statements or industry information set forth in this press release to reflect new information, future events or otherwise.

SOURCE INTERLINK COMPANIES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (unaudited) Three months ended Six months ended July 31, July 31, 2008 2007 2008 2007 Revenues, net: Distribution $442,734 $419,778 $930,528 $880,479 Advertising 63,178 - 124,636 - Circulation 31,228 - 61,389 - Manufacturing 11,135 6,855 19,764 14,009 Claiming and information 2,937 3,254 6,699 6,280 Other 25,462 4,259 48,019 8,784 Total revenues, net 576,674 434,146 1,191,035 909,552 Cost of goods sold 391,291 340,657 811,513 716,569 Gross profit 185,383 93,489 379,522 192,983 Distribution, circulation and fulfillment 54,878 40,473 109,881 83,031 Selling, general and administrative expenses 92,060 39,285 188,691 80,560 Depreciation and amortization 17,878 6,986 36,102 13,822 Integration, consolidation and relocation expense 1,340 151 4,048 163 Write off of acquisition related assets 4,603 - 6,503 - Impairment of goodwill and intangible assets - - 270,847 - Operating income (loss) 14,624 6,594 (236,550) 15,407 Other expense: Interest expense (28,971) (2,894) (57,981) (6,461) Interest income 114 238 272 278 Write off of deferred financing fees (1,048) - (1,048) - Other (expense) income: 6 128 (405) 199 Total other expense (29,899) (2,528) (59,162) (5,984) (Loss) income from continuing operations, before income taxes (15,275) 4,066 (295,712) 9,423 Income tax expense - (1,627) - (3,769) Minority interest in income of subsidiary (630) - (1,036) - (Loss) income from continuing operations (15,905) 2,439 (296,748) 5,654 Loss from discontinued operations, net of taxes - (222) - (1,608) Net (loss) income $(15,905) $2,217 $(296,748) $4,046 (Loss) earnings per share - Basic Continuing operations $(0.30) $0.04 $(5.67) $0.11 Discontinued operations - - - (0.03) Total $(0.30) $0.04 $(5.67) $0.08 (Loss) earnings per share - Diluted Continuing operations $(0.30) $0.04 $(5.67) $0.11 Discontinued operations - - - (0.03) Total $(0.30) $0.04 $(5.67) $0.08 Weighted average shares outstanding - Basic 52,321 52,304 52,321 52,216 Weighted average shares outstanding - Diluted 52,321 52,441 52,321 52,538 SOURCE INTERLINK COMPANIES, INC. CONSOLIDATED BALANCE SHEETS (in thousands) July 31, January 31, 2008 2008 (unaudited) Assets Current assets Cash $6,305 $35,650 Trade receivables, net 144,322 183,475 Purchased claims receivable 14,078 14,412 Inventories 284,144 290,507 Deferred tax asset 22,928 23,107 Other 22,382 20,679 Total current assets 494,159 567,830 Property, plants and equipment 167,404 150,612 Less accumulated depreciation and amortization (55,623) (42,708) Net property, plants and equipment 111,781 107,904 Other assets Goodwill, net 875,170 1,069,835 Intangibles, net 540,135 637,082 Other 60,919 53,354 Total other assets 1,476,224 1,760,271 Total assets $2,082,164 $2,436,005 SOURCE INTERLINK COMPANIES, INC. CONSOLIDATED BALANCE SHEETS (concluded) (in thousands) July 31, January 31, 2008 2008 (unaudited) Liabilities and Stockholders' Equity Current liabilities Accounts payable (net of allowance for returns of $166,824 and $174,751 at July 31, 2008 and January 31, 2008, respectively) $329,912 $372,429 Accrued expenses 107,420 123,973 Deferred revenue 80,282 79,918 Current portion of obligations under capital leases 1,359 1,406 Current maturities of debt 14,161 15,369 Total current liabilities 533,134 593,095 Deferred tax liability 8,543 8,944 Obligations under capital leases, less current portion 1,131 1,826 Debt, less current maturities 1,401,972 1,359,210 Other 16,498 32,429 Total liabilities 1,961,278 1,995,504 Minority interest - 25,978 Commitments and contingencies Stockholders' equity Contributed capital: Preferred stock, $0.01 par (2,000 shares authorized; none issued) - - Common stock, $0.01 par (100,000 shares authorized; 52,321 shares issued and outstanding at July 31, 2008 and January 31, 2008) 523 523 Additional paid-in-capital 476,974 476,099 Total contributed capital 477,497 476,622 Accumulated deficit (362,407) (65,659) Accumulated other comprehensive income 5,796 3,560 Total stockholders' equity 120,886 414,523 Total liabilities and stockholders' equity $2,082,164 $2,436,005

Source Interlink Companies, Inc.

CONTACT: Investors, Dean Heine of Source Interlink Companies, Inc.,
+1-239-949-4450, dheine@sourceinterlink.com; or Denise Roche,
roche@braincomm.com, or Media, Nancy Zakhary, nancy@braincomm.com, both of
Brainerd Communicators, +1-212-986-6667, for Source Interlink Companies, Inc.

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

Chemistry.com Findings: Obama and Biden a Better Pair, McCain and Palin May Butt HeadsDr. Helen Fisher, Chief Scientific Advisor to Chemistry.com, Provides Her Analysis of VP Candidate Compatibility

DALLAS, Sept. 4 /PRNewswire-FirstCall/ -- According to Dr. Helen Fisher, renowned biological anthropologist and chief scientific advisor to Chemistry.com, Barack Obama and Joe Biden are a more compatible ticket than John McCain and Sarah Palin.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080613/LAF006LOGO)

By applying decades of research into the science of human attraction, Dr. Fisher believes that if McCain and Palin become America's next leaders, their similar and strong personalities may in fact work against them. Conversely, should Obama and Biden find their way to the White House, each may benefit from the other's strengths and perhaps compensate for each other's vulnerabilities.

"Obama is likely to be far more compassionate and emotionally expressive," said Dr. Fisher. "And, with a high testosterone, experienced bulldog like Biden at his side, Obama may achieve the 'change' that he promises Americans."

According to Dr. Fisher, John McCain and Sarah Palin are both the high testosterone type. These men and women do what they like, when they like, how they like and tend to be daring, free-wheeling and original: mavericks.

"McCain ended up choosing a female version of himself which may not make for good political mating," states Fisher.

About Chemistry.com:

Launched by Match.com in February 2006, Chemistry.com was created to bring together independent-thinking, confident, diverse singles who are serious about finding a meaningful relationship. Based on the research of renowned biological anthropologist Dr. Helen Fisher, Chemistry.com uses a proprietary test to determine which two people are most likely to experience a life-changing jolt of chemistry. This unique approach, combined with its "come as you are" philosophy and private matching technique, makes Chemistry.com the ideal place to find the relationship that is right for each individual, whether it's marriage, romance, a partnership or a long-term commitment. Chemistry.com is an operating business of IAC .

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080613/LAF006LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Chemistry.com

CONTACT: Amy Canaday of Match.com, +1-214-576-9321,
amy.canaday@match.com; or Ben Therrien of MS&L, +1-212-468-3057,
benjamin.therrien@mslpr.com, for Chemistry.com

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

Technology Offered by Gaming Partners International and Progressive Gaming Accelerates the Adoption of RFID by Casinos WorldwideGaming Industry's Growing Global Adoption of RFID Technology Reflects High Value Proposition of Solution Sets Developed by Progressive Gaming and Gaming Partners International

LAS VEGAS, Sept. 4 /PRNewswire-FirstCall/ -- Gaming Partners International Corporation ("GPI"), a leading provider of casino chips and table game equipment worldwide, and Progressive Gaming International Corporation ("Progressive Gaming"), a leading provider of diversified technology and system solutions used in the gaming industry worldwide, announced today that:

(Logo: http://www.newscom.com/cgi-bin/prnh/20060127/LAF027LOGO-b)

-- RFID technology is becoming widely accepted by casinos worldwide as 41% ($8.6 million) of the revenue generated by GPI in the first half of 2008 from worldwide chip sales were for chips with embedded RFID, including 40% of the chip sales in the North American market and 48% of the chip sales in Macau. RFID chips accounted for 3.4% of GPI's sales in 2004; 12.7% in 2005; 35% in 2006; and 26.7% in 2007.

-- Progressive Gaming's exclusively licensed 13.56 MHz PJM (Phase Jitter Modulation) RFID technology is emerging as the worldwide casino standard as it accounted for a large majority of all RFID chips sold in the first half of 2008 by GPI and other chip manufacturers.

Since January 2006 GPI and Progressive Gaming have entered into various RFID technology agreements to leverage their extensive combined Intellectual Property and experience with 13.56 MHz PJM RFID technology to develop and market RFID enabled gaming chips, readers and gaming software solutions. Since that time, GPI's RFID chips and Progressive Gaming's systems have been deployed by 25 casinos in 11 jurisdictions across North America, including Foxwoods Resort Casino in Connecticut, as well as at three leading Macau casinos, Wynn Macau, Crown Macau and Galaxy StarWorld Casino.

Bodo Ischebeck, Vice President RFID and Table Management Systems for Progressive Gaming, commented, "The growing pace of adoption of RFID technology is a direct reflection of the variety of quantifiable security, tracking, accounting efficiencies and bonusing applications that 13.56 MHz PJM technology has consistently demonstrated to casino operators. GPI's high quality RFID gaming chips are an integral component of our Chip Inventory System (CIS) and Table iD(R) bet recognition technology. With more customers becoming familiar with the tremendous benefits and return on investment of this technology, we have commitments from additional properties for the installation of our RFID automated table game management solutions."

Progressive Gaming offers a wide portfolio of system solutions utilizing 13.56 MHz PJM RFID technology, which has broadened the range of RFID based applications thanks to its comprehensive, robust and highly adaptable features and resulting efficiencies. This industry leading technology improves security and the speed and accuracy of table accounting procedures by maintaining an accurate real-time chip inventory throughout the casino.

The 13.56 MHz PJM RFID technology is licensed exclusively by Progressive Gaming through its strategic partnership with Magellan Technology, the providers of the RFID products and the PJM protocol used for item level identification systems that provide reliable high speed processing of items including stacked gaming chips.

Electronic chip floats at each table, capable of identifying up to 1,000 RFID chips per second, increase real time visibility for actual table status and results, while protecting against counterfeiting, theft and misuse of gaming chips. The utilization of RFID technology also enhances the wager monitoring process by automating player tracking, allowing operators to accurately rate players based on actual wagering volumes instead of through time consuming manual estimations. In addition, RFID technology and its related systems allow for linked bonusing opportunities to create progressive jackpots that drive incremental wagering volume and enhance the entertainment value for patrons.

Gerard Charlier, President and CEO of Gaming Partners International, commented, "RFID technology applied to gaming chips has demonstrated very fundamental advantages for operators by allowing for the identification of counterfeited chips by systematic mass authentication instead of single analysis and has reliably automated chip accounting with antennas and electronic reading units positioned at various key areas in the casinos such as the cashier's desk, vault and tables. As its worldwide gaming industry adoption continues to gain momentum, operators are increasingly realizing that RFID technology simplifies and optimizes operating procedures while delivering an unparalleled gaming experience to casino patrons and providing an attractive return on investment.

"GPI and Progressive Gaming originally developed Low Frequency (125 KHz) RFID technology that effectively proved the advantages of RFID embedded in gaming chips in several large casinos worldwide. Now, the advanced 13.56 MHz PJM RFID technology is increasingly being selected by some of the most prominent casinos in Macau and the United States as it offers outstanding performance for real time chip tracking of thousands of chips in a casino environment. Thanks to the partnership between GPI and Progressive Gaming and our respective experience, we are able to offer our RFID chips and reading units with stand alone computer systems totally compatible with Progressive Gaming's Chip Inventory System (CIS) and other Cage and Table Management solutions. This allows casinos to adopt the 13.56 MHz PJM RFID technology step by step. We look forward to enhancing the security and efficiencies of additional casinos worldwide with this industry standard management and tracking technology and plan to deliver additional innovations and features as we develop and bring them to market."

About Progressive Gaming

Progressive Gaming is a trusted leader of enterprise gaming solutions and supplier of integrated casino and jackpot management systems for the gaming industry worldwide. This technology is widely used to enhance casino operations and drive greater revenues for existing products. Progressive Gaming is unique in the industry in offering casino management and progressive systems in a modular yet integrated solution. Products include multiple forms of regulated wagering solutions in wired, wireless and mobile formats. There are Progressive Gaming products in over 1,000 casinos throughout the world. For further information, visit http://www.progressivegaming.net/.

Forward-Looking Statements: This release contains forward-looking statements, including statements regarding expected installations of Table iD(R), estimated market share represented by installations of Table iD(R) and previous systems installations, expected operating characteristics of Table iD(R) and anticipated benefits to customers, and anticipated growth in the Table iD(R) North American installed base. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, the risk that expected installations of Table iD(R) may not be completed when expected, or at all, the risk that the estimated global market may be larger than anticipated, the risk that Table iD(R) may not operate in the manner expected or provide the anticipated benefits to customers, risks related to delays in the approval, introduction, installation and customer acceptance of Table iD(R) and other products, the risk that Progressive Gaming may not successfully resolve any outstanding legal matters, risks related to the integration of VirtGame's and EndX's technology with Progressive Gaming's products, the status of rights licensed from content providers, risks related to Progressive Gaming's ability to enforce and develop its intellectual property rights, including rights licensed from third parties, the risk that patents may exist of which Progressive Gaming is not aware, or that existing patents may provide benefits to third parties beyond those anticipated by Progressive Gaming, Progressive Gaming's ability to meet its capital requirements, relationships with casino operators, the overall industry environment, customer acceptance of Progressive Gaming's new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as Progressive Gaming's debt service obligations and other risks detailed in Progressive Gaming's filings with the SEC, including the Annual Report on Form 10-K for the year ended December 31, 2007 and periodic reports on Form 10-Q and Form 8-K as well as other subsequent filings with the SEC. These forward-looking statements are based on current information that is likely to change. Progressive Gaming cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Progressive Gaming does not undertake, and specifically disclaims any obligation, to update or revise any forward-looking statements to reflect new circumstances or anticipated or unanticipated events or circumstances as they occur.

About Gaming Partners International Corporation

GPIC manufactures and supplies (under the brand names of Paulson(R), Bourgogne et Grasset and Bud Jones(R)) casino chips including plaques and jetons and low frequency and high frequency RFID chips, low frequency RFID readers and high frequency PJM RFID readers with stand alone software compatible with PGIC integrated systems, table layouts, playing cards, dice, gaming furniture, roulette wheels, table accessories, and other products that are used with casino table games such as blackjack, poker, baccarat, craps, and roulette. GPIC is headquartered in Las Vegas, NV, with offices in Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, NJ; and Gulfport, MS. GPIC sells its casino products directly to licensed casinos throughout the world. For additional information about GPIC, visit our web site at http://www.gpigaming.com/.

Safe Harbor Statement: This release contains "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties. GPIC's expectations regarding operating results and operating efficiencies, including the growth of new product markets, may not be met. Factors that could cause actual results to vary materially from these forward- looking statements include: reduction in growth rate of new and existing casinos and markets, particularly in Asia, failure of the industry to accept RFID technology generally, or 125 KHz or 13.56 MHz RFID technology in particular, with respect to gaming chips and readers, failure to realize revenues from our backlog, potential patent infringement issues, statements regarding the demand for gaming chips with high speed RFID readers and tags and activities expected to occur in connection with the GPIC's agreement with Progressive Gaming International Corporation. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, the risk that the demand for gaming chips with high speed RFID readers and tags may not reach expected levels, timing and volume of customer demand for our casino products, timing of new casino openings and expansions, domestic or international terrorists incidents, and unexpected taxes, charges, costs or difficulties in consolidating the operations of the companies. Additional information concerning factors and risks that could affect these statements are included in GPI's Form 10-Q for the quarter ended June 30, 2008 and Form 10-K for the year ended December 31, 2007.

Photo: http://www.newscom.com/cgi-bin/prnh/20060127/LAF027LOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Gaming Partners International Corporation; Progressive Gaming

CONTACT: Heather A. Rollo, Chief Financial Officer of Progressive
Gaming, +1-702-263-2583; or Richard Land, or Dave Jacoby both of Jaffoni &
Collins Incorporated, +1-212-835-8500, pgic@jcir.com, for Progressive Gaming;
or David W. Grimes, Chief Financial Officer of Gaming Partners International,
+1-702-598-2428

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

Claimsnet Announces Claims Processing Agreement With New Payer Organization

DALLAS, Sept. 4 /PRNewswire-FirstCall/ -- Claimsnet.com (BULLETIN BOARD: CLAI) , a leading provider of electronic transaction and paper claim handling services to the healthcare industry, announced today that they have signed an agreement to provide claims processing services to an additional payer organization. Under the agreement, claims will be sent from provider organizations to the payer using Claimsnet advanced ASP technology, reducing the cost of claims handling.

This payer, a regional multi-state Third Party Administrator (TPA), was seeking ways to reduce EDI costs and increase EDI transaction volume. Claimsnet will provide the technology, multiple connections, and expertise to receive and transmit these electronic health care transactions in a secure electronic environment. The payer provides a full range of services including innovative approaches to plan design, cost containment, risk management, wellness, disease management, and plan administration.

About Claimsnet.com -- Claimsnet is a leading provider of electronic transaction and paper claim handling services for the healthcare industry. Headquartered in Dallas, Claimsnet offers services that are distinguished by ease of use, customer care, security and measurable cost advantages. More information on Claimsnet can be found at the Company's web site at http://www.claimsnet.com/.

Safe Harbor Statement Under the Private Securities Litigation Act 1995 -- With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future results of the company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to, maintaining access to external sources of capital, regulatory actions, success of marketing strategies, actions of the Company's competitors, dependence on business partners and distribution channels, and continued use of the Internet. Further information on the Company's risk factors is contained in the Company's quarterly, annual, and other periodic reports as filed with the Securities and Exchange Commission.

Claimsnet.com inc.

CONTACT: Don Crosbie of Claimsnet.com inc., +1-972-458-1701, Ext. 112,
dcrosbie@claimsnet.com

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

Microsoft Showcases Windows Media Center Momentum at CEDIA EXPO 2008From distributed HD entertainment to automation and control, Windows Media Center is at the center of an ever-expanding ecosystem within the custom installation channel.

DENVER, Sept. 4 /PRNewswire-FirstCall/ -- At CEDIA EXPO 2008, Microsoft Corp. announced expansive growth of the Windows Media Center ecosystem, the formation of an exciting new industry alliance composed of some of the custom channel's top brands, the winner of the 2008 Windows Media Center Ultimate Install Contest, and numerous partner innovations supporting the Windows Media Center in the custom installation channel. CEDIA EXPO 2008 is an annual show for the residential electronic systems industry put on by the Custom Electronic Design and Installation Association.

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

"In the wake of Microsoft's increased engagement with the custom installation channel, a broader ecosystem has developed based on Windows Media Center," said Kevin Collins, director of the Custom Installer Channel in the Connected TV Business, Entertainment and Devices Division at Microsoft. "We are thrilled with the level of innovation on the Windows Media Center platform that hardware and software companies are showcasing at CEDIA EXPO."

Hardware Expansion

The merit of Windows Media Center as a custom installation solution is stronger than ever, as illustrated through announcements from multiple channel partners highlighting support for up to eight CableCARD tuners and up to 10 Extender for Windows Media Center devices. This increased capacity allows Windows Media Center technologies to address the demands of more sophisticated projects. With the wide range of products and custom configurations that use standard interfaces, integrators can delight their customers with unique installations while using familiar components and subsystems. Adding to the growing demand for centralized home storage, multiple OEMs are previewing new hardware based on Windows Home Server that provides integrators with a solid whole-house solution to store and access their clients' music, photos and videos from either an entertainment server running Windows Media Center or Extender for Windows Media Center devices.

"Our channel partners are driving compelling new entertainment and control solutions to maximize the success of custom integrators," Collins said. "The collaboration of some of the most forward-thinking companies in the consumer electronics category and their implementations of media center technologies are fulfilling the long-standing vision of the connected home."

Among this week's significant partner announcements are the following: * Autonomic Controls Inc. will introduce new control modules enabling two-way integration of Windows Media Center and iTunes into Remote Technologies Inc. T4 and K4 remote controls. * Fluid Digital will promote the integration of Microsoft's Windows Media Center TV Pack to enable an enhanced TV viewing experience, native support for four digital cable tuners, an enhanced electronic program guide, and the ability to share nonprotected digital cable content across Microsoft PlayReady technology-enabled PCs and portable media devices. * Exceptional Innovation will preview its new High Density TV initiative that introduces exciting new ways to distribute entertainment and control around the home. The new Life|media 810 digital entertainment server features eight TV tuners and supports 10 extenders while providing 12 terabytes of hard disk storage to deliver consumers a robust solution for storing, managing and viewing high-definition (HD) content throughout their home. Exceptional Innovation will preview the new Life|ware Digital Media Manager for simple, seamless content sharing from one media center device to another. Exceptional Innovation will also announce support for the Windows Media Center TV Pack in several Life|media media servers; on-board digital amplification through Advanced Micro Devices Inc. (AMD) in the new LMS-170 series; and Blu-ray support on multiple LMS units. * NiveusMedia will unveil the Niveus Storage Server - Cargo Edition. Based on the Windows Home Server platform, it offers up to 16 terabytes of scalable storage. In addition, Niveus will announce support for up to 10 Extender for Windows Media Center devices and eight CableCARDs when using the most powerful Niveus media server, the Pro Series n9. Niveus will also introduce upgrades to both the Niveus media server line and the Niveus Movie Library movie management tool. * S1Digital LLC plans to launch its new P500 Media Centers, which include advanced features such as up to four digital cable tuners (for use with CableCARD) and a QAM/ATSC tuner to give customers the capability of watching and recording up to five simultaneous cable TV channels including HDTV and premium content, Blu-ray playback with Profile 2 capabilities, and up to 3 terabytes of internal storage. All S1Digital media center solutions include the Windows Media Center TV Pack to provide customers with an enhanced entertainment experience. S1Digital also plans to launch the WHS500, a one-rack Windows Home Server, designed specifically for the custom installation channel. The WHS500 is a powerful network storage device with 4-terabyte capacity for storing movies, music, photos, home videos and other media, providing centralized access of content. * Inteset LLC will unveil its new TeraRAID XV-NAS, which will offer 15 terabytes of enterprise-level, A/V-style storage and automatically replicate the Inteset Media Library across multiple homes with access from the Web. Inteset will also be demonstrating the addition of full Blu-ray to its popular, proprietary Movie Collection, which has the ability to store, search and play back movies seamlessly within the Windows Media Center interface. The system will scan the inserted DVD or Blu-ray disc to identify and retrieve full profile information from Inteset's all-new movie database. * Samsung Electronics America Inc. will showcase the new Samsung MediaLive Extender for Windows Media Center, which delivers digital entertainment including HD content, photos, music, feature films, home movies, and live and recorded TV, from any hardware running Windows Media Center to the big screen of a Samsung HDTV via a wireless or wired home network. With distribution that includes the custom installation channel, MediaLive is a powerful solution in the offerings for Extender for Windows Media Center devices. * Cannon PC announced that it will begin shipping the Windows Media Center TV Pack, which adds native support for up to four TV tuners (including digital cable tuners), ClearQAM (unencrypted digital cable) tuners, sharing of unprotected digital content via Microsoft PlayReady technology-enabled PCs and more, with its line of Media Center PCs beginning in early September. Cannon PC also announced that it will offer integrators two form factors of the popular Windows Home Server to provide homeowners with a new solution for centralized storage, remote access and much more. 2008 Windows Media Center Ultimate Install Contest

Microsoft will announce the 2008 Windows Media Center Ultimate Install Contest winner at a special event on Saturday, Sept. 6, 2008, at 5:30 p.m. MDT. This year's contest saw a significant increase in the number of submissions as well as the design quality and level of integration delivered through the Windows Media Center platform. Now in its second year, the Windows Media Center Ultimate Install Contest encourages integrators to show off their talents by presenting their most unique and creative installations that leverage Windows Media Center technologies. More information on the winning install will be available at http://www.microsoft.com/ultimateinstall.

Media Center Integrator Alliance

Announced yesterday, Microsoft has joined Intel Corporation, HP, Life|ware, NiveusMedia, AMD and Crestron Electronics Inc. in the foundation of the Media Center Integrator Alliance (MCIA), a nonprofit organization dedicated to driving the adoption and awareness of the media center ecosystem in the custom installation channel. MCIA members will share best practices, establish standards, and develop education and certification tools for technologies using Windows Media Center. The new alliance hopes to attract the interest, acceptance and participation of many more companies to contribute to a unified industry-based voice within the ecosystem.

"We're excited to see how channel awareness has grown and the implementation of Windows Media Center technologies in product offerings has expanded over the past 12 months," Collins said. "We expect the momentum to continue to drive adoption of the ecosystem and build a network of enthused, satisfied consumers."

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

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: Kimberly Lancaster of Caster Communications, +1-401-792-7080,
cell, +1-401-829-0111, klancaster@castercomm.com, for Microsoft Corp.

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

Newport Corporation to Present at Deutsche Bank 2008 Technology Conference

IRVINE, Calif., Sept. 4 /PRNewswire-FirstCall/ -- Newport Corporation today announced that it is scheduled to present at the Deutsche Bank 2008 Technology Conference to be held at The Palace Hotel in San Francisco. Newport will present next Thursday, September 11, 2008, at 11:30 am Pacific Time.

The presentations by President and Chief Executive Officer Robert J. Phillippy and Senior Vice President, Chief Financial Officer and Treasurer Charles F. Cargile will not be webcast. However, a copy of their presentations will be made available on the company's website at http://www.newport.com/investors immediately following the conference.

About Newport Corporation

Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, microelectronics, aerospace and defense/security, life and health sciences and precision industrial manufacturing markets. Newport's innovative solutions leverage its expertise in high-power semiconductor, solid-state and ultrafast lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, optical components and subsystems, and precision automation to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's SmallCap 600 Index and the Russell 2000 Index.

Newport Corporation

CONTACT: Charles F. Cargile, Senior Vice President, Chief Financial
Officer and Treasurer of Newport Corporation, +1-949-863-3144,
investor@newport.com; or Investor Relations, Dan Peoples of Makinson Cowell
(US), +1-858-552-8146, dan.peoples@makinson-cowell.com, for Newport
Corporation

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

Major Restoration Effort Continues in Hard-Hit Louisiana and Other Gulf Coast StatesAT&T's Wireless and Wireline Networks Perform Well in Wake of Hurricane Gustav; Company Focused on Restoring Service to Customers

DALLAS, Sept. 4 /PRNewswire-FirstCall/ -- AT&T Inc. today said the company's major restoration efforts continue in hard-hit Louisiana and other Gulf Coast states in the aftermath of Hurricane Gustav.

Service Restoration

Overall, the company's wireless and wireline networks continue to perform well even under increased traffic from wireless, voice, and text messaging traffic. AT&T has deployed more than 2,500 technicians and engineers across Louisiana, Mississippi, Alabama and Texas to continue assessing storm damage and restoring service to customers in affected areas. The majority of AT&T personnel are focused on hard-hit Louisiana, particularly in accessible areas of Baton Rouge, Houma, Lafayette, Lake Charles, Northshore and Coastal parishes.

In Louisiana, as of 9 a.m.: -- The vast majority of wireless cell sites are operational. In the hardest-hit areas of Baton Rouge and Greater New Orleans (including Plaquemines, Lafourche and Terrebone parishes), AT&T strike teams are quickly assessing damage to cell sites, providing back-up power as needed, and restoring service. -- All central switching offices are operational, but power issues still exist in some areas. As of this morning, 60 central offices are on battery or generator power. -- Ninety-six percent of remote terminals, which provide broadband service to neighborhoods throughout Louisiana, are operational. While many remote terminals are still operating on battery or generator power, AT&T technicians have restored hundreds of units to commercial power. -- Nearly 1,000 portable generators have been deployed across the state.

AT&T's top priority is to restore affected cell sites and remote terminals to full capacity as quickly and safely as possible.

Lack of commercial power persists in many areas of the state. AT&T estimates it is using 85,000 gallons of diesel fuel per day to operate generators powering wireless cell sites, central offices and remote terminals.

Based on AT&T's experience with natural disasters of this magnitude, the company anticipates there will be reports of service outages as residents and business owners return to their homes and businesses in the coming days.

Preparing for Hanna and Ike

AT&T is taking steps to prepare equipment and facilities for a potential strike by Tropical Storm Hanna, which is forecast to strengthen to hurricane status and could threaten the Southeastern coast of the United States, and is closely watching the track of Hurricane Ike. The company is identifying areas for the staging of equipment for post-storm response, testing high-capacity backup batteries and topping off fuel for generators positioned at cell sites and switching centers.

Support in Disaster Areas

AT&T is providing support for the American Red Cross and other government agencies to aid the overall disaster relief effort in the storm-impacted areas by:

-- Encouraging its customers to send $5 donations to the American Red Cross Disaster Relief Fund by sending a text message from their mobile phones. A customer simply types the keyword GIVE to 2HELP (24357). A confirmation message will arrive within a few minutes, and the customer then replies YES to confirm his or her donation. -- Donating $200,000 this year, in addition to the generosity of its customers, to the American Red Cross for emergency relief as part of a five-year, $1 million commitment. About AT&T

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

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

AT&T Inc.

CONTACT: Dawn Benton of AT&T Inc., Office, +1-404-986-5513 [at the EOC],
Mobile, +1-404-202-6335, dawn.benton@att.com

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

Competitive Companies, Inc. Signs LOI with Innovation Capital Management, Inc. to Bolster Its Plans for Bringing Wireless Broadband to America's HeartlandProprietary Technology significantly enhances ability for rural broadband growth

RIVERSIDE, Calif., Sept. 4 /PRNewswire-FirstCall/ -- Competitive Companies, Inc. (CCI) (BULLETIN BOARD: CCOP) and Innovation Capital Management, Inc. (ICM) parent of DiscoverNet, Inc., said today they have signed a Letter of Intent to merge the two Companies' operations and proprietary technology to further enhance a collective effort in bringing wireless Internet broadband to America's Heartland. ICM through its subsidiary DiscoverNet, Inc. has been providing Internet services to rural Americans since 1996 and for more than a year has been developing its wireless broadband network throughout six counties in Western Wisconsin. Utilizing proprietary propagation software, the ICM is capable of designing and developing level one wireless networks without cost prohibitive engineering saving 10s of thousands of dollars to small wireless Internet service providers also known as "WISP" throughout North America.

"We believe with the combined efforts of our two companies, more rural communities will be able to enjoy high speed wireless broadband at the same or better rates than their urban and suburban counterpart," says Jerald Woods, President and CEO of CCI.

CCI is now in discussions with other rural wireless Internet service providers (WISP) to discuss the benefit of utilizing the Company's latest technology and its unique financing program to assist WISP in their continued growth. The Company plans to consolidate and merge more than 200 WISP throughout the United States over the next 36 months representing more than 100,000 subscribers.

Jerald L Woods President/CEO Forward-Looking Statements:

This press release contains statements that are "forward-looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

Competitive Companies, Inc.

CONTACT: Jerald L Woods, President-CEO, +1-270-763-9129

Verizon Wireless Ranks Highest in Call Quality in the West Region in J.D. Power and Associates Call Quality Study Volume 2

RENO, Nev., Sept. 4 /PRNewswire/ -- Verizon Wireless, builder and operator of the nation's most reliable wireless network, has been recognized for the "Highest Call Quality Performance Among Wireless Cell Phone Users in the West Region," which includes Nevada, in the J.D. Power and Associates 2008 Wireless Call Quality Performance Study(SM) Volume 2.

The J.D. Power and Associates Wireless Call Quality Performance Study employs a call quality index based on criteria that impact overall carrier performance. The wireless phone subscribers surveyed were asked about their experiences with static/interference, connection on first try, voice distortion, echoes, dropped/disconnected calls, immediate voice mail notification and immediate text message notification.

"Our reputation as the provider with the nation's most reliable wireless network is a result of our continued investment of $50 million last year across Nevada and our unwavering commitment to turn this investment into quality service improvements for our customers," said Rich Garwood, regional president for Verizon Wireless.

"A wireless phone is only as good as the network it runs on, so we constantly monitor and improve our network so our customers can not only make calls, but can stay connected and experience a quality call from start to finish."

Verizon Wireless' 'nation's most reliable wireless network' claim is based on network studies performed by real-life test men and test women who inspired the company's national advertising campaign. These engineers conduct more than 3 million voice call attempts and more than 16 million data tests annually on the Verizon Wireless network and other national wireless carriers' networks while traveling almost 1 million miles across the nation.

Verizon Wireless has invested more than $45 billion -- on average $5.5 billion annually -- in its network since 2000 when the company was formed. In 2007, Verizon Wireless invested $50 million to expand and advance its network in Nevada.

For more information about Verizon Wireless visit http://www.verizonwireless.com/.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Heidi Flato of Verizon Wireless, +1-925-279-6545,
Heidi.Flato@verizonwireless.com

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

Verizon Wireless Ranks Highest in Call Quality in the West in J.D. Power and Associates Call Quality Study Volume 2

WALNUT CREEK, Calif., Sept. 4 /PRNewswire/ -- Verizon Wireless, builder and operator of the nation's most reliable wireless network, announced today that the company has been recognized for the "Highest Call Quality Performance Among Wireless Cell Phone Users in the West," which includes Northern California, in the J.D. Power and Associates 2008 Wireless Call Quality Performance Study(SM) Volume 2.

"Our reputation as the provider with the nation's most reliable wireless network is a result of our continued investment of $45 billion since the company was formed, and our unwavering commitment to turn this investment into quality service improvements for our customers," said Rich Garwood, region president for Verizon Wireless. "A wireless phone is only as good as the network it runs on, so we constantly monitor and improve our network so our customers can not only make calls, but can stay connected and experience a quality call from start to finish."

Verizon Wireless has invested more than $45 billion -- on average $5.5 billion annually -- in its network since 2000 when the company was formed. In 2007, Verizon Wireless invested more than $650 million to expand and advance its network in California.

For more information about Verizon Wireless visit http://www.verizonwireless.com/.

About Verizon Wireless

Verizon Wireless

CONTACT: Heidi Flato of Verizon Wireless, +1-925-279-6545,
Heidi.Flato@verizonwireless.com

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

iFinix Corp. to Expand its Board of Directors.

GARDEN CITY, N.Y., Sept. 4 /PRNewswire-FirstCall/ -- iFinix Corp. (Pink Sheets: INIX), a provider of real-time financial information and services to active traders and to the securities industry, announced today it will expand its Board of Directors.

In an effort to diversify its advisory base, iFinix will expand the Board of Directors to include experienced individuals with the credentials necessary to help accelerate the growth of iFinix.

"This is a milestone for the company," said Doug Spadaro, Chairman of iFinix. "iFinix is taking a new direction in how it is managed. With fresh ideas and input, I know we can place iFinix on a more profitable footing and grow the company in a more controled manor. We have identified two distinguished individuals who will be joining the Board of Directors. We will provide further information as to their appointment in the near future."

About iFinix Corp.:

iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.ifinix.com/

Legal Notice Regarding Forward-Looking Statements:

This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.

Contact: iFinix Corporation Investor Relations 516-504-3981 x301

iFinix Corp.

CONTACT: Investor Relations of iFinix Corporation, +1-516-504-3981,
ext. 301

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

Call of Duty(R): World at War to Release Xbox 360 and Windows PC Multiplayer Betas in OctoberNewest Edition of the Award-Winning Franchise To Deploy to Retail November 11

SANTA MONICA, Calif., Sept. 4 /PRNewswire-FirstCall/ -- Boot camp will soon take on a new meaning, as Activision Publishing, Inc. and developer Treyarch, have confirmed plans for Call of Duty: World at War multiplayer betas in October for the Xbox 360(R) video game and entertainment system from Microsoft and separately for download on Windows PC. These betas will serve as an early chance for players to practice the tactics needed for survival in the intense chaos of Call of Duty: World at War's Pacific and European theaters. Players will experience the game's new squad system, as well as fan favorite perks and kill streaks.

All preparation for the full battle will commence on November 11, 2008 when Call of Duty: World at War is released to retailers nationwide.

"We are excited to share a sneak peak of Call of Duty: World at War multiplayer with the community," says Mark Lamia, Treyarch Studio Head. "The team has worked hard to build upon the great history and foundation of Call of Duty multiplayer and we can't wait to go online to ramp up for our November launch."

For players who are looking to feel the all-out combat and get tokens for the Call of Duty: World at War Xbox 360 multiplayer beta, they can register at http://www.callofduty.com/ or pre-order the game at any GameStop retail location or online in North America at:

http://www.gamestop.com/Catalog/ProductDetails.aspx?product_id=71812.

Call of Duty: World at War is in development for the Xbox 360(R) video game and entertainment system from Microsoft, Games for Windows(R), PLAYSTATION(R)3 computer entertainment system, Nintendo(R) Wii(TM) and Nintendo DS. The title has been rated M for Mature for blood and violence by the ESRB. The Nintendo DS version has been rated T for Teen by the ESRB.

For more information and exclusive updates about Call of Duty: World at War, visit http://www.callofduty.com/.

About Activision Publishing, Inc.

Headquartered in Santa Monica, California, Activision, Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, Japan and South Korea. More information about Activision Publishing and its products can be found on the company's website, http://www.activision.com/.

Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook," "will," "could," "would," "might," "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to help identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales of Activision Publishing's titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation against Activision Publishing, maintenance of relationships with key personnel, customers, vendors and third-party developers, domestic and international economic, financial and political conditions and policies, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Blizzard's success in integrating the operations of Activision Publishing and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated. Other such factors include additional risk factors identified in Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

Xbox, Xbox 360, Xbox Live, Windows and Games for Windows are either registered trademarks or trademarks of Microsoft Corporation. PLAYSTATION is a registered trademark of Sony Computer Entertainment Inc.

All other trademarks and trade names are the properties of their respective owners.

Activision Publishing, Inc.

CONTACT: John Rafacz, PR Manager of Activision, Inc., +1-310-255-2000
ext. 5207, jrafacz@activision.com

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

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

CTG Secures Information Security Contract with the State of Alaska

BUFFALO, N.Y., Sept. 4 /PRNewswire-FirstCall/ -- CTG , an international information technology (IT) solutions and services company, today announced it has signed a series of contracts with the State of Alaska's Department of Administration to provide information security services within the State's Task Order System. CTG, which has a long-time relationship with the State of Alaska in other areas of IT support, will help the State with federal and state mandates to upgrade IT security modification of its legacy IT systems.

The initial contract is for nine months with a maximum value of $3 million with four renewal options and a total potential value of $15 million over five years.

"This win adds to our relationship with the State of Alaska and represents a great opportunity for CTG Alaska to employ our expertise and best practices in the IT Security arena to support the state agencies served by Alaska's Department of Administration's Task Order System," CTG Alaska Managing Director Tom Boyle said. "CTG's Information Security Solutions team holds multiple security and industry certifications and works closely with our clients to foster communication and knowledge-sharing throughout the life of the project."

CTG Chairman and CEO James R. Boldt added, "We are pleased to expand CTG's business in Alaska, where we already do a significant amount of work in the oil and gas industry. This project also contributes to our strategic objective of continuing to grow CTG's solutions business."

CTG's office in Anchorage will provide IT security services and solutions support in the following categories:

-- Access control and application security -- Business continuity and disaster recovery -- Information security and risk management/cryptography

Backed by over 40 years' experience, CTG provides IT solutions and services to help our clients use technology as a competitive advantage to excel in their markets. CTG combines in-depth understanding of our clients' businesses with a full range of integrated offerings, best practices, and proprietary methodologies supported by an ISO 9001:2000-certified management system. Our IT professionals based in an international network of offices in North America and Europe have a proven track record of delivering high-value, industry-specific solutions. CTG serves companies in several industries and is a leading provider of IT and business consulting solutions to the healthcare market. CTG posts news and other important information on the Web at http://www.ctg.com/.

This document contains certain forward-looking statements concerning the Company's current expectations as to future growth. These statements are based upon a review of industry reports, current business conditions in the areas where the Company does business, the availability of qualified professional staff, the demand for the Company's services, and other factors that involve risk and uncertainty. As such, actual results may differ materially in response to a change in such factors. Such forward-looking statements should be read in conjunction with the Company's disclosures set forth in the Company's 2007 Form 10-K and Management's Discussion and Analysis section of the Company's 2007 annual report, which are incorporated by reference. The Company assumes no obligation to update the forward-looking information contained in this release.

Today's news release, along with CTG news releases for the past year, is available on the Web at http://www.ctg.com/.

CONTACT: Richard Dye, Director of Marketing Communications (716) 887-7306

ctgx-g

CTG

CONTACT: Richard Dye, Director of Marketing Communications of CTG,
+1-716-887-7306

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

Company News On-Call: http://www.prnewswire.com/comp/198025.html

Verizon Wireless Ranks Highest in Call Quality in the West in J.D. Power and Associates Call Quality Study Volume 2

IRVINE, Calif., Sept. 4 /PRNewswire/ -- Verizon Wireless, builder and operator of the nation's most reliable wireless network, announced today that the company has been recognized for the "Highest Call Quality Performance Among Wireless Cell Phone Users in the West," which includes southern California, in the J.D. Power and Associates 2008 Wireless Call Quality Performance Study(SM) Volume 2.

"Our reputation as the provider with the nation's most reliable wireless network is a result of our continued investment of $45 billion since the company was formed and our unwavering commitment to turn this investment into quality service improvements for our customers," said John Palmer, region president for Verizon Wireless. "A wireless phone is only as good as the network it runs on, so we constantly monitor and improve our network so our customers can not only make calls, but can stay connected and experience a quality call from start to finish."

Verizon Wireless has invested more than $45 billion -- on average $5.5 billion annually -- in its network since 2000 when the company was formed. In 2007, Verizon Wireless invested more than $650 million to expand and advance its network in California.

For more information about Verizon Wireless visit http://www.verizonwireless.com/.

About Verizon Wireless

Verizon Wireless

CONTACT: Ken Muche of Verizon Wireless, +1-949-286-8193,
Ken.Muche@VerizonWireless.com

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

Network CN Announces Sale of NCN Management Services and Additions to Executive Team

-- Media veteran William Au becomes President of China Media Operations -- Advertising executive Larry Rinaldi named Chief Strategy Officer of Media Operations -- Accounting professional Danny Chung joins Company as Sr. V.P. Finance

NEW YORK, Sept. 4 /Xinhua-PRNewswire-FirstCall/ -- Network CN Inc. (OTC Bulletin Board: NWCN), a Chinese media company headquartered in Hong Kong, today announced the sale of its NCN Management Services business unit in order to continuously focus on developing its media business. Included in the sale are NCN Management Services subsidiaries NCN Hotels Investment Limited and NCN Pacific Hotels Limited, both British Virgin Islands corporations, and a 55% interest, held in trust, in Guangdong Tianma International Travel Service Co., Ltd.

The Company also announced key additions to its management team.

"We have shifted our business direction from travel to out-of-home media since late 2006 and have been trying to sell our non-core business since Q2 2008. The sale of NCN's travel services business will allow us to focus 100% on growing our media presence in China's booming consumer economy," commented Network CN Chairman Godfrey Hui. "As we focus on growing our media business, we are pleased to add to our management roster Bill Au, who will head our China media operations, Larry Rinaldi, who will advise on corporate and sales strategies, and Danny Chung, a seasoned accounting professional with multifaceted international experience and extensive knowledge of the taxation and compliance landscape of China."

William Au, the new President of China Media Operations, has held senior management positions in advertising, distribution, digital media development and satellite channel operations and has also served as a consultant to overseas investors seeking to gain entry into the China market. His extensive experience includes executive positions with Chinese Art Channel, New World Allmedia and New World Digital Multi-Media Technology, members of the New World Group, Hong Kong's MATV Limited satellite television channel, Asia Television Limited (Hong Kong), the ATV subsidiary of Asia Television Limited, Chinese Television Limited of Hong Kong and Taiwan, and Hong Kong's Television Broadcasts Limited (TVB).

"Bill Au has over 30 years of media industry experience, practical knowledge and strategic contacts to lead our China media operations to a new and higher level of success," commented Mr. Hui. "His background and enthusiasm position him perfectly to succeed, and to lead our success, in his role as President of China Media Operations as we look toward the 2010 Shanghai Expo and beyond."

"It is an honor and an exciting opportunity to be named to this position," said Mr. Au. "I look forward to working with the Network CN executive team and applying my experience to the growth potential of the Company's innovative out-of-home media operations."

Long based in Asia, Larry Rinaldi has held senior executive and management positions with various large advertising and media companies including Joy Media Group (China), the Personal Communications sector of Motorola (China), Wunderman Group (China), which merged with the direct and sales promotion segment of J. Walter Thomson, and Ogilvy & Mather (China, Tokyo, New York, Sydney, Los Angeles). He studied History and Pre-medical at the University of Hawaii and the Chaminade University in Honolulu, respectively.

"To build upon our success to date in media operations, we are pleased to welcome Larry Rinaldi to our management team as Chief Strategy Officer of Media Operations," commented Mr. Hui. "His wide-ranging advertising background and track record of success in various capacities in Asia will provide us with an encyclopedic command of Asia's booming media landscape and innovative strategic approaches to achieving further growth."

"The strategic growth potential of Network CN is extremely exciting," said Mr. Rinaldi, "and I am eager to explore that potential in all respects."

Danny Chung has held senior finance, accounting and audit positions with Camelot Information System, Bausch & Lomb's China joint venture, the Asia- Pacific Division of Bausch & Lomb and Lafe Computer. He gained audit experience with Ernst & Young's Toronto office between 1988 and 1991. He holds a Professional Diploma in Accountancy from Hong Kong Polytechnic and is a member of several professional associations including the Canadian Institute of Chartered Accountants, Hong Kong Institute of Certified Public Accountants and the American Institute of Certified Public Accountants.

"Danny Chung brings wide-ranging finance and managerial experience and strong business acumen to Network CN," Mr. Hui said. "We are pleased to add an accountancy professional to our team with proven experience working with internationally renowned Asian, Canadian and China-based organizations and significant expertise in China taxation and compliance regulations."

"I look forward to joining Network CN at this exciting phase of its growth and development," commented Mr. Chung.

About Network CN Inc.

Headquartered in Hong Kong, Network CN Inc. is building a multi-media, multi-application out-of-home advertising network in the key cities of China. As of June 30, 2008, the Company had obtained rights to install and/or operate 12,997 out-of-home advertising panels and billboards in China. The first phase of its network, consisting of 10 mega-size LED billboards, 117 roadside LED panels, 167 light boxes and one mega-size roller-sheet billboard, was launched in June 2008.

This press release includes statements that may constitute "forward- looking" statements, usually containing the word "believe", "estimate", "project", "expect", "plan", "anticipate" or similar expressions. Forward- looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, risks related to new management additions, the build- out of the Company's media network, acceptance of the Company's products and services in the marketplace, competitive factors and changes in regulatory environments. These and other risks relating to Network CN Inc. business are set forth in the Company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission for the period ended June 30, 2008, and other reports filed from time to time with the Securities and Exchange Commission. By making these forward-looking statements, Network CN Inc. disclaims any obligation to update these statements for revisions or changes after the date of this release.

For more information, please contact: Company Contact: Stanley Chu Chief Communications Officer Network CN Inc. Tel: +852-2833-2186 Investor Relations: Sean Collins Senior Partner CCG Investor Relations and Strategic Communications Tel: +1-310-497-9205 Web site: http://www.ccgir.com/

Network CN Inc.

CONTACT: Stanley Chu, Chief Communications Officer of Network CN Inc.,
+852-2833-2186; or Investor Relations, Sean Collins, Senior Partner of CCG
Investor Relations and Strategic Communications at +1-310-497-9205

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

Tyco Electronics Announces Plans to Streamline Automotive Operations in Europe

PEMBROKE, Bermuda, Sept. 4 /PRNewswire-FirstCall/ -- Tyco Electronics Ltd. today announced its intent to initiate a restructuring to consolidate production of its automotive products in key manufacturing sites throughout Eastern and Western Europe. The proposed changes, which are subject to consultation with several local works councils and the European Works Council, would involve three automotive plant closures and restructuring of operations at several facilities in Spain and France, and would impact approximately 850 employees.

According to Tyco Electronics Chief Executive Officer (CEO) Tom Lynch, "These actions are the next steps of the broader strategic initiative announced last year to streamline our operations and improve our productivity in all areas of our business."

Based on current foreign exchange rates, the company estimates that charges associated with the European automotive restructuring plan will be approximately $155 million, with an expected completion target within 15 months. In the fiscal fourth quarter, the company now expects restructuring- related costs of approximately $135 million, or $0.27 per share. This compares to prior guidance of $67 million, or $0.09 per share for the quarter. As a result, the company now expects GAAP diluted EPS from continuing operations of $0.38 to $0.40 for the quarter. On an adjusted basis, the company continues to expect EPS from continuing operations of $0.65 to $0.67 for the quarter. As previously disclosed, the company expects an average payback of approximately three years on costs associated with its overall manufacturing footprint simplification program.

ABOUT TYCO ELECTRONICS

Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems, with 2007 sales of $13.0 billion to customers in more than 150 countries. We design, manufacture and market products for customers in industries from automotive, appliance and aerospace and defense to telecommunications, computers and consumer electronics. With over 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.

NON-GAAP MEASURE

"Adjusted EPS (earnings per share)" is a non-GAAP measure and should not be considered a replacement for GAAP (generally accepted accounting principles) results. Adjusted EPS reflects earnings per share from continuing operations before unusual items, including costs related to legal settlements, restructuring costs, loss on retirement of debt and other income or charges ("Adjusted Earnings Per Share"). The company presents Adjusted Earnings Per Share because we believe that it is appropriate for investors to consider results excluding these items in addition to our results in accordance with GAAP. We believe such a measure provides a picture of our results that is more comparable among periods since it excludes the impact of unusual items, which may recur occasionally, but tend to be irregular as to timing, thereby making comparisons between periods more difficult. This limitation is best addressed by using Adjusted Earnings Per Share in combination with earnings per share (the most comparable GAAP measure) in order to better understand the amounts, character and impact of any increase or decrease on reported results.

FORWARD-LOOKING STATEMENTS

This release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. The forward-looking statements in this release include statements addressing the following subjects: future financial condition, restructuring plans and operating results. Economic, business, competitive and/or regulatory factors affecting Tyco Electronics' businesses are examples of factors, among others, that could cause actual results to differ materially from those described in the forward-looking statements. Tyco Electronics has no intention and is under no obligation to update or alter (and expressly disclaims any such intention or obligation to do so) its forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. More detailed information about these and other factors is set forth in Tyco Electronics' Annual Report on Form 10-K for the fiscal year ended September 28, 2007, as retrospectively adjusted to reflect the Radio Frequency Components and Subsystem and Automotive Sensors businesses as discontinued operations in the Company's Current Report on Form 8-K filed June 27, 2008, and Quarterly Reports on Form 10-Q for the quarterly periods ended December 28, 2007, March 28, 2008 and June 27, 2008, as well as in current reports on Form 8-K filed by Tyco Electronics.

Tyco Electronics Ltd.

CONTACT: Media, Sheri Woodruff, +1-610-893-9555, Office, or
+1-609-933-9243, Mobile, swoodruff@tycoelectronics.com; Investors, John
Roselli, +1-610-893-9559, john.roselli@tycoelectronics.com, or Keith Kolstrom,
+1-610-893-9551, keith.kolstrom@tycoelectronics.com

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

MYST Updates the Progress of MyStarU Franchise Program

FOSHAN, China, Sept. 4 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF) announced today its MyStarU Franchise Program is progressing excellently.

MyStarU Franchise Program, the online vocational education business, charges users a monthly fee of US$20 for each end-user by franchisee. With the master franchisees' total sales of 22 franchisees in July and August, MyStarU.com has generated revenue of $660,000 in licensing fees. The franchisees were reporting their 72,210 vocational students would use the online education programs starting in September. MYST has generated revenue of $361,050 in royalty fees.

About MyStarU.com, Inc.

MyStarU.com, Inc. (MYST) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. MyStarU.com, Inc. does business in Asia via its wholly-owned subsidiaries, MyStarU Ltd. ( http://www.mystaru.com/ , http://www.skyestar.com/ , http://www.icurls.com/ ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com/ , http://www.x381.com/ , http://www.goongreen.org/ ).

Safe Harbor

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

MyStarU.com, Inc.

CONTACT: Ms. Helen Wang, MyStarU.com, Inc. at +86-10-6702-6968 or
IR@MyStarU.com

Web site: http://www.mystaru.com/
http://www.skyestar.com/
http://www.goongreen.org/
http://www.subaye.com/

AT&T Prepared for Tropical Storm Hanna in North CarolinaProvider Stages Emergency Response Equipment in Strategic Locations Ready to Respond and Offers Communications Tips for Residents and Small Businesses

WILMINGTON, N.C., Sept. 4 /PRNewswire-FirstCall/ -- As residents and businesses across the Southeast begin to recover from the impact of Hurricane Gustav, AT&T Inc. is also taking steps to prepare equipment and facilities for a potential strike by Tropical Storm Hanna. Despite the extensive commercial power outages caused by Hurricane Gustav, AT&T's wired and wireless network continues to perform well because of extensive pre-storm preparation.

In preparation for Tropical Storm Hanna, the company is identifying areas for the staging of equipment for post-Hanna response, testing high-capacity backup batteries and topping off fuel for generators positioned at cell sites and switching centers.

The company has invested hundreds of millions of dollars to create and maintain its Network Disaster Recovery capabilities that include an extensive fleet of mobile command centers, mobile cell sites, emergency equipment and personnel resources standing by should it be needed.

A critical element of AT&T's efforts to maximize network reliability is the company's ability to swiftly respond when disaster strikes. This is made possible by AT&T's pre-season and pre-storm preparation which includes:

-- Ongoing readiness drills -- Refueling generators positioned at cell sites and switching centers -- Testing high-capacity backup batteries -- Adding capacity to the wireless network -- Deploying additional generators. AT&T has more than 4,500 permanent and portable generators in the Southeast. Cell sites in hurricane prone areas are equipped with these generators and can run for up to 36 hours during commercial power outages. -- Staging generators and additional emergency response equipment in safe locations for their immediate deployment once the storm has passed

AT&T is committed to providing reliable communications before, during and after a storm, and delivering the highest levels of service quality for customers under all circumstances. Millions of residential and business customers depend on AT&T for critical voice, data and video communications, as well as entertainment services.

With North Carolina coastal residents preparing for Tropical Storm Hanna, AT&T is providing important communications tips for residents and small businesses to use before, during and after a storm.

Consumer Tips: -- Have a family communications plan in place. Designate someone out of the area as a central contact, and make certain that all family members know whom to contact if they become separated. -- Be sure you have a "Hurricane Phone." It's a good idea to have a wireless phone on hand and at least one corded (landline) telephone that is not dependent on electricity in case of a power outage. Cordless telephones usually have receivers that are electrically charged, so they won't work if you lose your power. -- Program your emergency contact numbers and e-mail addresses into your mobile phone. Numbers should include the police department, fire station and hospital, as well as your family members. -- Keep your wireless phone batteries charged at all times. Have an alternative plan to recharge your battery in case of a power outage, such as charging your wireless device by using your car charger or having extra mobile phone batteries or disposable mobile phone batteries on hand. -- Keep your wireless phone dry. The biggest threat to your device during a tropical storm or hurricane is water, so keep your equipment safe from the elements by storing it in a baggie or some other type of protective covering. -- Forward your home number to your wireless number in the event of an evacuation. Because call forwarding is based out of the telephone central office, you will get incoming calls from your landline phone even if your local telephone service is disrupted at your home. In the unlikely event that the central office is not operational, services such as voice mail, call forwarding, remote access call forwarding and call forwarding busy line/don't answer may be useful. -- Track the storm and access weather information on your wireless device. Many homes lose power during severe weather. If you have a wireless device that provides access to the Internet, you can watch weather reports through MobiTV(R) or AT&T Mobile TV or keep updated with local radar and severe weather alerts through My-Cast(R) Weather, if you subscribe to those services. -- If you have a camera phone, take, store and send photos - even video clips - of damaged property to your insurance company from your device. -- Take advantage of location-based mapping technology, such as AT&T Navigator, available on some wireless devices, to seek evacuation routes or to avoid traffic congestion from downed trees or power lines. Small Business Tips: -- Set up a call-forwarding service to a predetermined backup location. Set up a single or multiple hotline number(s) for employees, employees' families, customers and partners, as appropriate, to call so that all parties know about the business situation and emergency plan. For this to be most effective, maintain an updated contact list, including mobile and home phone numbers and e-mail addresses, for all employees. -- Protect hardware/software/data records/employee records, etc. Routinely back up these files to an off-site location. Use a generator for supplying backup power to vital computer hardware and other mission-critical equipment. Prearrange the replacement of damaged hardware with vendors to ensure quick business recovery. -- Outline detailed plans for evacuation and shelter-in-place plans. Practice these plans (employee training, etc.). Establish a backup location for your business and meeting place for all employees. -- Assemble a crisis-management team and coordinate efforts with neighboring businesses and building management. Be aware that disasters affecting your suppliers also affect your business. Outline a plan for supply chain continuity for business essentials. Maximizing Service During and After a Hurricane: -- During an emergency, more people are trying to use their phones at the same time. The increased calling volume may create network congestion, leading to "fast busy" signals on your wireless phone or a slow dial tone on your landline phone. If this happens, hang up, wait several seconds and then try the call again. This allows your original call data to clear the network before you try again. -- Try wireless text/short messaging service (SMS). During an emergency situation, text messages will often go through quicker than voice calls because they require less network resources. All of AT&T's wireless devices are text messaging capable. Also, if you have a wireless data device such as an Apple iPhone or a BlackBerry(R) smartphone, you can use its messaging capabilities to communicate. Depending on the call plan, additional charges may apply. -- Keep non-emergency calls to a minimum, and limit your calls to the most important ones. If there is severe weather, chances are many people will be attempting to place calls to loved ones, friends and business associates.

Additional information and tips for disaster preparedness can be found at http://www.att.com/vitalconnections.

About AT&T

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

AT&T Inc.

CONTACT: Della Bowling of AT&T Inc., +1-704-417-2770, mobile,
+1-843-290-4252, della.bowling@att.com

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

AT&T Prepared for Tropical Storm Hanna in South CarolinaProvider Stages Emergency Response Equipment in Strategic Locations Ready to Respond and Offers Communications Tips for Residents and Small Businesses

CHARLESTON, S.C., Sept. 4 /PRNewswire-FirstCall/ -- As residents and businesses across the Southeast begin to recover from the impact of Hurricane Gustav, AT&T Inc. is also taking steps to prepare equipment and facilities for a potential strike by Tropical Storm Hanna. Despite the extensive commercial power outages caused by Hurricane Gustav, AT&T's wired and wireless network continues to perform well because of extensive pre-storm preparation.

With South Carolina coastal residents preparing for Tropical Storm Hanna, AT&T is providing important communications tips for residents and small businesses to use before, during and after a storm.

Additional information and tips for disaster preparedness can be found at http://www.att.com/vitalconnections.

About AT&T

AT&T Inc.

CONTACT: Della Bowling of AT&T Inc., +1-704-417-2770, or Mobile,
+1-843-290-4252, della.bowling@att.com

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

Alcatel-Lucent Receives Mobile WiMAX(TM) Certification From the WiMAX Forum(R)

PARIS, September 4 /PRNewswire/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that it has been awarded the WiMAX Forum Certified(TM) seal of approval for its WiMAX 802.16e Compact Base Station at 2.5GHz. This achievement further confirms Alcatel-Lucent's leadership in WiMAX and its commitment to accelerate the development of a global and open WiMAX(TM) eco-system.

Alcatel-Lucent's infrastructure portfolio is made up of products that strictly comply with the 802.16e-2005 standard (also called Rev-e), which supports fixed, nomadic and mobile services. The company's "Open CPE Program" is helping to accelerate the availability of terminals by encompassing comprehensive interoperability testing programs with WiMAX chipset and end-user device suppliers.

This significant milestone is also the first step toward the certification of the company's entire portfolio of WiMAX solutions already available in other licensed frequency bands and deployed in several networks worldwide, including some in commercial service today in Europe, Asia and Latin America. Alcatel-Lucent expects its 3.5GHz equipment to be WiMAX Forum Certified by end of 2008.

"Alcatel-Lucent is proud to receive the WiMAX Forum Certified designation, which acknowledges the development efforts we have made over the last four years," said Karim El Naggar, Vice President and head of Alcatel-Lucent's WiMAX activities. "Customers can be confident that Alcatel-Lucent's WiMAX solution complies with the most stringent requirements of the standard and smoothly interoperates with any WiMAX Forum Certified device."

Karim El Naggar pointed out that, unique in the industry, Alcatel-Lucent systematically guarantees strict alignment of features and compliance at 2.3, 2.5 and 3.5GHz, as part of its global mobile WiMAX(TM) strategy. He noted that with 30 commercial contracts and more than 70 trials around the world, "Alcatel-Lucent is the undisputed leader in the WiMAX market," he said.

Currently the WiMAX Forum has more than 530 member companies including service providers, regulators, equipment vendors, chip vendors and content providers. Alcatel-Lucent is a member of the WiMAX Forum board.

"The first series of Mobile WiMAX certifications by the WiMAX Forum represent a critical milestone for the WiMAX industry as it will further accelerate the availability of interoperable solutions and ensure widespread adoption and deployment of WiMAX technology and products," said Ron Resnick, President of the WiMAX Forum. "Alcatel-Lucent is playing a key role in taking that important step with the WiMAX Forum, enabling the global WiMAX community to benefit from fully interoperable infrastructures and devices."

To earn this certification, Alcatel-Lucent's 802.16e WiMAX products underwent rigorous and extensive series of tests by the WiMAX Forum's lead certification laboratory partner, AT4 wireless, spanning protocol conformance, radio conformance and interoperability testing.

"Achieving Mobile WiMAX certification is the result of the teamwork between leading wireless companies and our lab people, the most experienced in WiMAX certification testing world-wide. That is why AT4 wireless would like to thank Alcatel-Lucent for its key contribution towards putting in place the necessary process and tools," said Fernando E. Hardasmal, Deputy General Director at AT4 wireless.

In addition to being a board member of the WiMAX Forum, Alcatel-Lucent is a founding member of the Open Patent Alliance formed by key industry players to advance WIMAX 4G technology.

About WiMAX Forum(R)

The WiMAX Forum(R) is an industry-led, not-for-profit organization formed to certify and promote the compatibility and interoperability of broadband wireless products based upon the harmonized IEEE 802.16/ETSI HiperMAN standard. WiMAX Forum Certified products are interoperable and support broadband fixed, nomadic, portable and mobile services. Along these lines, the WiMAX Forum(R) works closely with service providers and regulators to ensure that WiMAX Forum Certified systems meet customer and government requirements. Through the WiMAX Forum Congress Events Series of global trade shows and events, the WiMAX Forum is committed to furthering education, training and collaboration to expand the reach of the WiMAX ecosystem. For more information, visit the trade show link at http://www.wimaxforum.org

"WiMAX Forum" is a registered trademark of the WiMAX Forum. "WiMAX," the WiMAX Forum logo, "WiMAX Forum Certified," and the WiMAX Forum Certified logo are trademarks of the WiMAX Forum. All other trademarks are the properties of their respective owners.

About AT4 wireless

AT4 wireless, a global supplier of Testing Solutions for wireless technologies prides itself on being both, the most complete Wireless Certification & Testing Laboratory in the world and a leading manufacturer of cutting-edge test & measurement equipment for telecommunication technologies. With the largest coverage in different technologies (GSM/GPRS/EDGE, WCDMA, HSPA, LTE, WiMAX, Bluetooth(R), Wi-Fi(R), RFID, NFC and EPC) and a portfolio that ranges from conformance, regulatory and interoperability testing to world-wide compliance services AT4 wireless' Test Laboratory offers a one-stop-shop approach for the certification of telecommunication devices. With our world-class self-developed Test Systems MINT, BITE and RIDER, AT4 wireless meets all certification aspects like R&TTE, FCC, GCF, PTCRB, WiMAX Forum(R), Wi-Fi Alliance and Bluetooth SIG. AT4 wireless was founded in 1991, has more than 340 employees and operates from it's headquarter in Malaga/Spain and its US-based branch in Herndon/VA. For more information, visit http://www.at4wireless.com./

All trademarks are the properties of their respective owners.

About Alcatel-Lucent

Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com

Alcatel-Lucent

Alcatel-Lucent Press Contacts: Regine Coqueran, Tel: +33(0)1-40-76-49-24, regine.coqueran@alcatel-lucent.com; Mark Burnworth, Tel: +32(3)240-38-81, mark.burnworth@alcatel-lucent.com; Alcatel-Lucent Investor Relations: Remi Thomas, Tel: +33(0)1-40-76-50-61, remi.thomas@alcatel-lucent.com; Tom Bevilacqua, Tel: +1-908-582-7998, bevilacqua@alcatel-lucent.com; Tony Lucido, Tel: +33(0)1-40-76-49-80, alucido@alcatel-lucent.com; Don Sweeney Tel: +1-908-582-6153, dsweeney@alcatel-lucent.com

QVC Viewers Get a Front-Row Seat During QVC's Live From Mercedes-Benz Fashion WeekMultimedia Retailer Broadcasts Directly From the Tents at Bryant Park

WEST CHESTER, Pa., Sept. 4 /PRNewswire/ -- QVC today announced it will give its viewers an inside look at the glamour and excitement of Mercedes-Benz Fashion Week. The leading multimedia retailer will make its catwalk debut on Monday, September 8 with a two-hour broadcast -- LIVE FROM MERCEDES-BENZ FASHION WEEK beginning at 10 PM (ET).

QVC will be broadcasting directly from the historic tents at Bryant Park, showcasing original programming for both its on-air and online platforms. The QVC "runway" show will feature some of QVC's most popular designers, including Marc Bouwer, Chloe Dao, Bradley Bayou, Sara Campbell and Emmett McCarthy, as they unveil their new QVC designs for the Fall '08 Season.

"Our customers are passionate about fashion and style, and we know they'll be excited to have a front-row seat live from Mercedes-Benz Fashion Week," said Jeff Charney, QVC's senior vice president and chief marketing officer. "This event, which is a first for QVC, will give viewers an insider glimpse of what's new in the world of fashion from QVC."

QVC will be showcasing video of the week's most exciting highlights along with capturing backstage footage of what it takes to put on a live QVC remote broadcast. In addition to video segments that will air on the network's domestic broadcast and QVC.com, viewers will have the opportunity to keep up with the latest news and trends from Bryant Park through live blogs.

QVC's Mercedes-Benz Fashion Week programming is the first event in a new relationship with IMG Fashion, a driving force in the global fashion business. The affiliation has also allowed QVC the opportunity to work with a range of clients including stylist Lori Goldstein.

Goldstein has been a major force in the fashion business for over 20 years. During this time her unique talents have been sought after by industry leaders throughout the fashion world who look to her for her sense of style, keen eye and ability to create trends in fashion. Goldstein will be "introduced" to viewers during the QVC broadcast and is scheduled to debut an original collection for QVC in 2009.

"We are pleased to have forged a relationship with QVC and have them participate in Mercedes-Benz Fashion Week with their own show," said Peter Levy, senior vice president IMG Fashion. "It's very exciting to be able to offer them an opportunity to showcase their very talented designers from the tents at Bryant Park."

"QVC is excited to have teamed up with IMG Fashion to bring Mercedes-Benz Fashion Week to our viewers," Charney added. "Our involvement proves what we at QVC have always known: that fashion can be accessible, exciting and affordable."

For additional information on QVC's Live from Mercedes-Benz Fashion Week visit http://www.qvc.com/fashionweek .

ABOUT QVC

QVC, Inc., a wholly owned subsidiary of Liberty Media Corporation attributed to the Liberty Interactive Group , is one of the largest multimedia retailers in the world, with annual revenue of more than $7 billion. QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, jewelry and home products. Its programming is distributed to more than 166 million homes worldwide. The company's Web site, QVC.com, is ranked among the top general merchant Internet sites. With subsidiaries in the United Kingdom, Germany and Japan, West Chester, Pa.-based QVC has shipped more than a billion packages in its 22-year history.

QVC, Inc.

CONTACT: Tara Hunter of QVC, +1-484-701-8163, Tara.Hunter@QVC.com

Web site: http://www.qvc.com/
http://www.qvc.com/fashionweek

Novellus Announces Availability of the Webcast of Its Presentation at Bank of America's 38th Annual Investment Conference

SAN JOSE, Calif., Sept. 4 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. , today announced that the company will present on Tuesday, September 16, 2008, at Bank of America's 38th Annual Investment Conference. The presentation will begin at 4:30 p.m. PDT and will be made available over the Internet via a live webcast.

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

About Novellus:

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

Novellus Systems, Inc.

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

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

YRC Worldwide Names Mike Kelley Chief Sustainability OfficerNewly Created Role Reinforces Company's Commitment to Environment and Sustainability

OVERLAND PARK, Kan., Sept. 4 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. announced today that Mike Kelley has been named Chief Sustainability Officer. Mr. Kelley's appointment is effective immediately.

In this newly created position, Mr. Kelley is responsible for the company's overall sustainability efforts, including working with all the business units of YRC Worldwide to continue to develop, implement and integrate sustainability strategies, goals, measurements and reporting. He will also represent the company in sustainability discussions with customers, the community and with a number of national, international and industry groups to advance issues important to YRC Worldwide.

"Sustainability continues to be increasingly important to the success of YRC Worldwide, our customers and our communities," said Bill Zollars, Chairman, President and CEO of YRC Worldwide. "Mike Kelley has been instrumental in driving our green initiatives. Under Mike's leadership, we will move forward in our sustainability efforts in a way that is environmentally and socially responsible and economically sound."

Added Mike Kelley, "I am excited about my new responsibility and the opportunity it creates to execute our sustainability strategy to effectively and aggressively promote greenhouse gas reduction, waste reduction, and conservation across our daily operations to reduce our carbon footprint."

Mr. Kelley will also continue to serve as Vice President of External Affairs for the company, a role in which he is responsible for government affairs, including promoting and protecting the interests of YRC Worldwide before trade associations and with legislative and regulatory officials at the local, state and federal level.

With over a decade of experience in the transportation industry and government affairs, Mr. Kelley has held previous positions at the Kansas Motor Carriers Association and Yellow Transportation. He also served as a Congressional Aide to members of the U.S. House of Representatives and U.S. Senate.

Most recently, Mr. Kelley was appointed by Kansas state Governor Kathleen Sebelius to serve on the Kansas Energy and Environmental Policy Advisory Group. He is also past Chair and current member of the American Trucking Associations (ATA) Environmental Policy Committee, Co-Chair of the ATA Sustainability Task Force, Chair of the ATA Image and Policy Committee, and Chairman of Gifts in Kind International. He holds a BA in Political Science with an emphasis in state and local government from Avila College and an MBA from Rockhurst University.

YRC Worldwide currently participates in programs designed to protect and preserve the environment, including the Environmental Protection SmartWay program. YRC Worldwide is a charter member of the SmartWay program and was one of the first transportation companies to win the SmartWay Excellence award.

About YRC Worldwide

YRC Worldwide Inc., a FORTUNE 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, YRC Logistics, New Penn, USF Holland, USF Reddaway, and USF Glen Moore. The enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally. Headquartered in Overland Park, Kan., YRC Worldwide employs approximately 60,000 people.

YRC Worldwide Inc.

CONTACT: Suzanne Dawson, Linden Alschuler & Kaplan, +1-212-329-1420,
sdawson@lakpr.com, for YRC Worldwide Inc.

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

GibbsCAM Highlighted in Mazak Exhibit at IMTS 2008Supports Full Line of Mazak Machine Tools, Including Latest MTM Centers

MOORPARK, California, September 4 /PRNewswire-FirstCall/ -- Cimatron Limited , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that, in addition to demonstrations within Gibbs and Associates exhibit at IMTS 2008, D-3001, it will demonstrate the GibbsCAM software in the Mazak Corporation exhibit, A-8101. Featured functionality include the enhancements within the forthcoming GibbsCAM 2009 release, MTM software, and post processors for the Mazak product line, including the Integrex series, Integrex e-series, Multiplex series, Quick Turn series, Hyper Quadrex Model 150 MSY, and the VariAxis series.

"We are always excited to collaborate with our long-time partner in presenting the latest technology," explains Robb Weinstein, Gibbs' Senior VP, Sales and Strategic Planning. "Working with Mazak Technical Centers around the world enables us to support the full range of capability offered by Mazak CNC machines, from the simplest lathes to the most complex 5-axis machining centers and multi-axis, multi-spindle, multi-turret MTM machines. Participation in the Mazak exhibit affords us the opportunity to demonstrate to Mazak customers that GibbsCAM provides the productivity tools that allow them to optimize the efficiency and throughput of their Mazak machines."

The latest GibbsCAM features include advanced 3D high speed machining, a unique array of MTM functions, and post processors for Mazak machine tools. Key post processor and other functions for Mazak MTM include:

- Synchronization with GibbsCAM MTM Synch Manager to optimize turret utilization and cycle times, - Pinch or balanced turning, to work simultaneously with upper and lower turrets on the same spindle, - Double or synchronized milling, for simultaneous milling and drilling with upper and lower turrets on the same spindle, - Y-axis support on all turrets, - Simultaneous 4 and 5-axis machining, - Machine simulation for visual verification and collision detection and avoidance, - Flash Tool support, multiple tools in one for fast index, and - Gang style tool-holder-block support for fixed and live tools in machine simulation.

For more information about GibbsCAM, go to http://www.gibbscam.com/, call +1-800-654-9399, or email info@GibbsCAM.com. For more information about Mazak Corporation and their line of machine tools, visit http://www.mazak.com/.

About Gibbs and Associates and GibbsCAM

For over twenty years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support successful customers require.

The current GibbsCAM product line supports 2- through 5-axis milling, turning, mill/turning, multi-task simultaneous machining and wire-EDM. GibbsCAM also provides fully integrated manufacturing modeling capabilities that include 2D, 2.5D, 3D wireframe, surface, and solid modeling. GibbsCAM has received Microsoft's "Designed for Windows XP/2000" and "Works with Windows Vista" certifications. GibbsCAM's data exchange capabilities are able to access the broadest range of native and industry standard CAD data formats. GibbsCAM is certified under the Autodesk Inventor Certified Application Program, is a Solid Edge Certified Select Product, and is a SolidWorks Certified CAM Product. GibbsCAM is either offered or endorsed by a number of leading worldwide control and machine tool manufacturers, including GE Fanuc, Infimatic, Siemens, Doosan Infracore, Haas, Index, MAG Fadal, Mazak, Mitsubishi, Mori Seiki, and Tornos. Gibbs and Associates distributes its products worldwide through a network of international Resellers.

In January 2008, Gibbs and Associates merged with Cimatron Ltd, and is now operating as a wholly owned subsidiary. For more information about Gibbs and Associates and its CAM software packages, call 1-800-654-9399, or visit the company on-line at http://www.gibbscam.com/.

About Cimatron

With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes milling, wire EDM, turn, Mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at http://www.cimatron.com/.

The Gibbs logo, GibbsCAM, GibbsCAM logo, Virtual Gibbs, Gibbs SFP, SolidSurfacer, MTM and "Powerfully Simple. Simply Powerful." are either trademark(s) or registered trademark(s) of Gibbs and Associates in the United States and/or other countries. Microsoft, Windows, and the Windows logo are trademarks, or registered trademarks of Microsoft Corporation in the United States and/or other countries. All other brand or product names are trademarks or registered trademarks of their respective owners.

Safe Harbor Statement

This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act Of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the company's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance and involve risks and uncertainties, many of which are beyond the company's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Gibbs and Associates or Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Cimatron's filings with the Securities and Exchanges Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Gibbs and Associates and Cimatron undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

EDITOR'S NOTE: Electronic image and caption available upon request. Contact: Yvonne Anderson Gibbs and Associates +1-805-523-0004 +1-805-523-0006 (Fax) yvonnea@GibbsCAM.com

Cimatron Ltd

CONTACT: Contact: Yvonne Anderson, Gibbs and Associates,
+1-805-523-0004, +1-805-523-0006 (Fax), yvonnea@GibbsCAM.com

Alcatel-Lucent Receives Mobile WiMAX(TM) Certification from the WiMAX Forum(R)

PARIS, September 4 /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that it has been awarded the WiMAX Forum Certified(TM) seal of approval for its WiMAX 802.16e Compact Base Station at 2.5GHz. This achievement further confirms Alcatel-Lucent's leadership in WiMAX and its commitment to accelerate the development of a global and open WiMAX(TM) eco-system.

In addition to being a board member of the WiMAX Forum, Alcatel-Lucent is a founding member of the Open Patent Alliance formed by key industry players to advance WIMAX 4G technology.

About WiMAX Forum(R)

About AT4 wireless

All trademarks are the properties of their respective owners. About Alcatel-Lucent

Alcatel-Lucent

CONTACT: Alcatel-Lucent Press Contacts: Regine Coqueran, Tel:
+33(0)1-40-76-49-24, regine.coqueran@alcatel-lucent.com; Mark Burnworth, Tel:
+32(3)240-38-81, mark.burnworth@alcatel-lucent.com; Alcatel-Lucent Investor
Relations: Remi Thomas, Tel: +33(0)1-40-76-50-61,
remi.thomas@alcatel-lucent.com; Tom Bevilacqua, Tel: +1-908-582-7998,
bevilacqua@alcatel-lucent.com; Tony Lucido, Tel: +33(0)1-40-76-49-80,
alucido@alcatel-lucent.com; Don Sweeney Tel: +1-908-582-6153,
dsweeney@alcatel-lucent.com

Verizon Communications Raises Quarterly Dividend 7 Percent to 46 Cents Per Share

NEW YORK, Sept. 4 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. today declared a quarterly dividend of 46 cents per outstanding share, an increase of 3 cents per share, or 7.0 percent, from the previous quarter. On an annual basis, this increases Verizon's dividend 12 cents per share, from $1.72 to $1.84 per share.

The quarterly dividend is payable on Nov. 3, 2008, to Verizon Communications shareowners of record at the close of business on Oct. 10, 2008.

"This dividend increase is a sign of Verizon's continuing ability to deliver value to shareowners while making network investments that will provide opportunities for revenue and earnings growth," said Ivan Seidenberg, Verizon chairman and chief executive officer.

Verizon management had said in late July that it would ask the Board of Directors to consider a dividend increase with a goal of moving to an annual dividend increase model.

Verizon has approximately 2.4 million shareowners and approximately 2.8 billion shares of common stock outstanding. The company made $2.5 billion in dividend payments through the first half of 2008, and it last announced a quarterly dividend increase in September 2007.

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

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

NOTE: This news release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The following important factors could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: materially adverse changes in economic and industry conditions and labor matters, including workforce levels and labor negotiations, and any resulting financial and/or operational impact, in the markets served by us or by companies in which we have substantial investments; material changes in available technology, including disruption of our suppliers' provisioning of critical products or services; the impact of natural or man-made disasters or litigation and any resulting financial impact not covered by insurance; technology substitution; an adverse change in the ratings afforded our debt securities by nationally accredited ratings organizations; the final results of federal and state regulatory proceedings concerning our provision of retail and wholesale services and judicial review of those results; the effects of competition in our markets; the timing, scope and financial impact of our deployment of fiber-to-the-premises broadband technology; the ability of Verizon Wireless to continue to obtain sufficient spectrum resources; changes in our accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings; and the ability to complete acquisitions and dispositions.

Verizon Communications Inc.

CONTACT: Bob Varettoni of Verizon Communications Inc., +1-908-559-6388,
robert.a.varettoni@verizon.com

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

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

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