Companies news

EAST AURORA, N.Y., Oct. 24 /PRNewswire-FirstCall/ -- Moog Inc. will release its fiscal 2008 fourth quarter and year-end earnings for the period ended September 27, 2008 on Thursday, October 30, 2008. In conjunction with this release, Moog will host a conference call beginning at 11:00 a.m. ET on October 30th, which will be simultaneously broadcast live over the Internet. Bob Brady, Chairman and CEO, and John Scannell, CFO, will host the call.

Listeners can access the conference call live over the Internet at: http://www.moog.com/Home/Investors/. Please allow 15 minutes prior to the call to visit the site to download and install any necessary audio software. After the call has taken place, the prepared remarks will be archived on our website.

Supplemental data will be available on the website approximately 60 minutes prior to the call and will be archived for 30 days.

Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog's high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, marine and medical equipment. Additional information about the company can be found at http://www.moog.com/.

Moog Inc.

CONTACT: Ann Marie Luhr, +1-716-687-4225, for Moog Inc.

Web Site: http://www.moog.com/
http://www.moog.com/Home/Investors/

Webcast Alert: tw telecom Invites You to Join Its Conference Call on the Web

LITTLETON, Colo., Oct. 24 /PRNewswire-FirstCall/ -- In conjunction with tw telecom's Third Quarter 2008 Earnings Release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, November 6, 2008 at 9:00 am Mountain Standard Time/11:00 a.m. Eastern Standard Time.

What: tw telecom Third Quarter 2008 Earnings Conference Call When: Thursday, November 6, 2008 @ 9:00 a.m. Mountain Standard Time/11:00 a.m. Eastern Standard Time Where: http://www.videonewswire.com/event.asp?id=52405 or go to http://www.twtelecom.com/ Investor Relations. How: Live over the Internet -- Simply log on to the web at the address above. Contact: Investor Relations Department at tw telecom (303) 566-1371 or IR@twtelecom.com (Logo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO) About tw telecom

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

Photo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Video: http://www.videonewswire.com/event.asp?id=52405 tw telecom

CONTACT: Investor Relations Department of tw telecom, +1-303-566-1371,
IR@twtelecom.com

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

PacificNet Presents at the Asian Gaming Investor (AGI/AGB) Singapore

BEIJING, Oct. 24 /Xinhua-PRNewswire-FirstCall/ -- PacificNet Inc. (OTC Bulletin Board: PACT), a leading provider of e-commerce and gaming technology in China, announced its participation in the Asian Gaming Investor (AGI/AGB) in Singapore, October 21-23, 2008. The AGI focuses on gaming investment in Asia and the opportunities in this market and covers hot topics such as junket regulation and legislation of online gaming. This conference was attended by some of the leading players in Asia's gaming industry including Asian Coast Development Ltd. (ACDL), First Cagayan, PhilWeb, eCOGRA, International Masters of Gaming Law (IMGL), Sovereign Group, Asian Logic, Spectrum OSO Asia, Nagacorp World, Orient Pearl Entertainment & Management, Asian Poker Tour, Globalysis, iFaFa, China Center for Lottery Studies and PacificNet.

"We enjoyed participating in this event as it is an important and informative gaming event in Asia," said Victor Tong, PacificNet CEO. "We are glad to share our success stories, our product development strategy and partnership models with the leading gaming operators in Macau and Asia. Despite the worldwide economic slowdown, we are seeing impressive growth opportunities in Mainland China and Macau and steady demand for our products in games, gaming, mobile and e-commerce."

The AGI is held in conjunction with the AGB ( http://www.asiangamblingbriefing.com/ ). The two-day AGB conference covered regulation, legislation, legal and compliance issues for the land-based and online gaming industries, including casinos, betting, lotteries, tournaments and remote gaming.

About PACT

PacificNet (PACT) is a leading provider of gaming and mobile game technology worldwide with a focus on emerging markets in Asia, Latin America and Europe. PacificNet's gaming products are localized to their specific markets creating an enhanced user experience for players and larger profits for operators. PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Europe and elsewhere around the world. PacificNet also maintains legacy subsidiaries in the call center and e- commerce business in China. PacificNet employs about 500 staff in its various subsidiaries with offices in the US, Hong Kong, Macau, and Mainland China. For more information please visit http://www.pacificnet.com/ and http://www.pactgame.com/ .

For more information, please contact: PacificNet USA office: Jacob Lakhany Tel: +1-605-229-6678 Email: investor@pacificnet.com

PacificNet Inc.

CONTACT: Jacob Lakhany at the PacificNet USA office, +1-605-229-6678,
investor@pacificnet.com

Web site: http://www.pacificnet.com/
http://www.pactgame.com/
http://www.asiangamblingbriefing.com/

Foundry Networks Announces Adjournment of Special Shareholder Meeting Until Wednesday, October 29, 2008

SANTA CLARA, Calif., Oct. 24 /PRNewswire-FirstCall/ -- Foundry Networks(TM), Inc. , a performance and total solutions leader for end-to-end switching and routing, announced today that, given recent developments related to the transaction, its special meeting of stockholders scheduled to be held today, Friday, October 24, 2008, has been adjourned until Wednesday, October 29, 2008 at 4:00 pm PDT. At that meeting, a stockholder vote to adopt the Agreement and Plan of Merger previously announced on July 21, 2008 between Foundry Networks, Inc. and Brocade Communications Systems, Inc. will take place.

About Foundry Networks

Foundry Networks, Inc. is a leading provider of high-performance enterprise and service provider switching, routing, security and Web traffic management solutions, including Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4-7 application switches, wireless LAN and access points, metro and core routers. Foundry's customers include the world's premier ISPs, metro service providers, and enterprises, including e-commerce sites, universities, entertainment, health and wellness, government, financial and manufacturing companies. For more information about the company and its products, call 1.888.TURBOLAN or visit http://www.foundrynet.com/.

Additional Information

In connection with the proposed acquisition of Foundry Networks, Inc., on August 26, 2008, Brocade Communications Systems, Inc. filed a Registration Statement on Form S-4 (File No. 333-153205), as amended, that includes a proxy statement/prospectus for Foundry stockholders in connection with the transaction. The proxy statement/prospectus was disseminated to Foundry stockholders on or about September 25, 2008. Investors and securityholders are urged to read the proxy statement/prospectus because it contains important information about the proposed transaction.

Investors and security holders may obtain free copies of these documents and other documents filed with the SEC at the SEC's web site at http://www.sec.gov/ and by contacting Brocade Investor Relations at (408) 333-6758 or Foundry Investor Relations at (408) 207-1399. Investors and security holders may obtain free copies of the documents filed with the SEC on Brocade's website at http://www.brcd.com/ or Foundry's website at http://www.foundrynet.com/company/ir or the SEC's website at http://www.sec.gov/.

Foundry and its directors and executive officers may be deemed participants in the solicitation of proxies from the stockholders of Foundry in connection with the proposed transaction. Information regarding the interests of these directors and executive officers in the proposed transaction is included in the proxy statement/prospectus described above. Additional information regarding the directors and executive officers of Foundry is also included in Foundry's proxy statement for its 2008 Annual Meeting of Stockholders, which was filed with the SEC on April 18, 2008.

Contacts: Foundry Networks Foundry Networks FD Chief Financial Officer Treasurer Investor Relations Dan Fairfax Michael Iburg Brendan Lahiff 408.207.1700 408.207.1305 415.293.4425 dfairfax@foundrynet.com miburg@foundrynet.com brendan.lahiff@fd.com

Foundry Networks, Inc..

CONTACT: Dan Fairfax, Chief Financial Officer, +1-408-207-1700,
dfairfax@foundrynet.com, or Michael Iburg, +1-408-207-1305,
miburg@foundrynet.com, both of Foundry Networks; or Brendan Lahiff, Investor
Relations of FD, +1-415-293-4425, brendan.lahiff@fd.com, for Foundry Networks

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

comScore Announces Third Quarter Conference Call Details

RESTON, Va., Oct. 24 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today announced it will report its third-quarter 2008 financial results after U.S. financial markets close on Thursday, October, 30, 2008. In conjunction with this announcement, a conference call will be hosted by Dr. Magid Abraham, president and chief executive officer, and John Green, chief financial officer, on Thursday, October 30, 2008, at 5:00 p.m. (ET) to discuss the Company's financial results.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

To access this call, dial 888-713-4205 (domestic) or 617-213-4862 (international). The pass code for the call is 59626375. Investors are advised to dial in at least ten minutes prior to the call to register. In order to bypass the operator upon connection, participants may pre-register for the conference call at: http://www.theconferencingservice.com/prereg/key.process?key=P7CUM4QNB. Pre-registrants will be issued a pin number to use for quick access to the live call. Additionally, a live webcast of the conference call will be available on the "Investor Relations" page on the Company's Web site http://www.comscore.com/.

Following the conference call, a replay will be available at 888-286-8010 (domestic) or 617-801-6888 (international). The replay pass code for this call is 35513540. An archived webcast of this conference call will also be available at http://ir.comscore.com/events.cfm. The replay conference call and webcast will be available until November 13, 2008.

About comScore

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

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

CONTACT: Public Relations, Andrew Lipsman, +1-312-775-6510,
press@comscore.com, or Investor Relations, John Green, +1-703-439-2325,
jgreen@comscore.com, both of comScore, Inc.

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

AT&T Scores for World Series Fans as the Philadelphia Phillies Square Off Against the Tampa Bay Rays

PHILADELPHIA, Oct. 24 /PRNewswire-FirstCall/ -- AT&T Inc. is providing tens of thousands of die-hard Phillies fans with expanded wireless network capacity with the deployment of a Cell Site on Wheels (COW) near Citizens Bank Park in South Philadelphia. The supplemental coverage has been added to address a significant increase in wireless traffic expected in the area during games three, four and five of the 2008 Major League Baseball World Series.

"AT&T is ready to offer a home run to Phillies fans descending upon Citizen's Bank Park to root for the home team," said Dan Lafond, vice president and general manager of AT&T's wireless division in eastern Pennsylvania. "Our customers rely on us for an exceptional experience every time they make a phone call, send a text message, view the latest game highlights or check the Internet for player stats."

The COW offers additional access to AT&T's third generation mobile broadband network, which, according to recent data compiled by leading independent wireless research firms is the nation's fastest.

To find out more details about the company's wireless coverage in the Philadelphia area or anywhere in the United States, consumers can go to http://www.wireless.att.com/coverageviewer/. The online tool provides up-to-date wireless coverage information for specific locations. The tool can measure the quality of coverage based on a street address, intersection, ZIP code or even a landmark.

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/.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

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

AT&T Inc.

CONTACT: Adam Cormier, office, +1-203-771-4474, mobile, +1-407-430-9150,
acormier@attnews.us, for AT&T Inc.

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

Argon ST Selects Aitech to Provide Payload Processor Systems for Next-Gen ORBCOMM Satellites

CHATSWORTH, Calif., Oct. 24 /PRNewswire/ -- Aitech Defense Systems Inc., the world's first and largest independent manufacturer of open architecture board and subsystem level products for harsh environment defense, aerospace and astronautics applications, has been selected by Argon ST to provide the payload processor systems for ORBCOMM's next-generation low earth orbit (LEO) communications satellites.

Designed for larger and faster data transfers, backward compatibility and endurance in harsh environments, the OG2 Space Segment satellites will incorporate Aitech's proven space technology that combines low power and compact size with exceptional computing performance. Aitech will develop, qualify and produce each system at the processor card level as well as integrate each system into the payload.

Tarun Soni, business area director of Argon ST Network Systems, noted, "These payloads require very high performance and durability for extended periods of time in unforgiving environments and system failure is not an option. Aitech's advanced, open architecture embedded products are critical towards developing such a complex solution on a demanding schedule. In addition, the knowledge and competency of Aitech make this a genuine partnership."

Doug Patterson, vice president of worldwide sales and marketing for Aitech, said, "Virtually any computing environment benefits from smaller size and lower power requirements coupled with increased performance. Argon ST designed the OG2 payloads to increase subscriber capacity by up to 12 times more than the current satellites, while keeping the satellites within their compact footprint, so the payloads to support this design need to provide optimum performance. Aitech can deliver the products as well as the integration to ensure seamless operation."

The $12.5M contract calls for the launch of the first LEO satellite as early as 2010. The initial contract includes an option to provide additional satellites and other ground support equipment during the life of the program.

Aitech will also provide parts program management and component engineering services to the overall payload for all other subsystems.

For more information please call 888-Aitech-8 (248-3248), visit http://www.rugged.com/, or e-mail sales@rugged.com.

For an electronic copy, please visit http://www.simongroup.com/PressRoom/WordDocs/ait/AIT-A-1578.doc

For high res photo, please visit http://www.simongroup.com/PressRoom/Images/aitech/AIT-A-1578.jpg

For additional news releases from Aitech Defense Systems, please visit http://www.simongroup.com/PressRoom/aitech.html

Aitech Defense Systems, Inc.

CONTACT: Beth Smith or Christina Sanchez of The Simon Group, Inc.,
+1-215-453-8700, publicrelations@simongroup.com

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

IHS Global Insight Chief Economist Says Recession Will Be Deep, but Recovery Will Also Be StrongIHS Global Insight Creates Center for Econometric Modeling Excellence

WALTHAM, Mass., Oct. 24 /PRNewswire/ -- Nariman Behravesh, Chief Economist at IHS Global Insight, the recognized leader in providing the most comprehensive global economic information, analysis and consulting services to corporations, financial institutions and governments around the world, says the U.S. and global economies will struggle through a deep recession that will lead to a modest recovery in 2010 and "a more robust recovery in 2011."

"Yes, the recession will be deep, but the recovery is also likely to be strong," Behravesh said, citing four positive factors: falling food and fuel prices; swift and coordinated responses from governments to the crisis and any aftershocks; and massive amounts of liquidity pumped into the system already by central banks -- with more to come and further fiscal stimulus.

Behravesh made his revised forecast as IHS Global Insight announced it has established a Center for Econometric Forecasting, Modeling and Computation Excellence to ensure that IHS Global Insight maintains its innovative lead in the field.

The new in-house Center for Econometric Forecasting, Modeling and Computation Excellence will be headed by a managing director and will be a stand-alone resource for the firm's economists and analysts, as well as clients. Using state-of-the art techniques and software, and building on nearly five decades of successful and accurate econometric modeling, the Center will develop a suite of computable general equilibrium (CGE) and dynamic general equilibrium (DGE) models as tools for conducting policy analysis on issues including climate change, tax, energy and healthcare policy.

"We are making a renewed commitment to modeling, the groundbreaking initiative that launched this firm nearly 50 years ago, in order to give us and our clients new and better tools to improve on the degree of accuracy that already is among the most respected in the field," said Scott Key, IHS Global Insight president and chief operating officer.

"The Center for Econometric Forecasting will be a key driver in ensuring that we stay on top of our game, that IHS Global Insight remains an innovation leader in econometric modeling," Behravesh said. "We and our clients are grappling with the policy implications of a host of issues that didn't exist very long ago -- climate change, cap and trade, fuel efficiency standards, universal healthcare, and the list goes on."

An advisory council of leading economists and academics will help set the Center's research agenda. This advisory council will be comprised of individuals with extensive experience in economic modeling, chaired by Behravesh and will include Joseph Kasputys, chairman emeritus of Global Insight, and recognized academics from the U.S., Europe and Asia.

Noting the grim findings of his revised forecast, Behravesh said that while the "full fury" of the financial crisis and oil shock is beginning to dissipate, the "full impact on the real economy has yet to be felt. There is little doubt that the economic outlook will get worse -- possibly much worse -- before it gets better. Nevertheless, given the recent dramatic reversal in the price of oil and other commodities, the gradual thawing of credit markets, and the large amounts of fiscal and monetary stimulus that have already been set in motion and are likely to be enacted soon, the recovery is likely to be more robust than many pundits are currently predicting," he added.

About IHS Global Insight (http://www.globalinsight.com/)

IHS Global Insight (http://www.globalinsight.com/) provides the most comprehensive economic and financial information available on countries, regions and industries, using a unique combination of expertise, models, data and software within a common analytical framework to support planning and decision-making. IHS Global Insight founded the modern economic forecasting industry more than 40 years ago, and today the company is recognized as the most consistently accurate economic forecasting company in the world. Through the world's first same-day analysis and risk assessment service, IHS Global Insight provides immediate insightful analysis of market conditions and key events around the world, covering economic, political, and operational factors. IHS is a leading global source of critical information and insight that enables innovative and successful decision-making for customers ranging from governments and multinational companies to smaller companies and technical professionals. IHS data and expertise spans four areas of information encompassing the most important concerns facing global business today: Energy, Product Lifecycle, Security and Environment. IHS has been in business since 1959 and employs approximately 3,800 people in 20 countries.

IHS Global Insight

CONTACT: Jim Dorsey, Sr. Manager, Media Relations, +1-781-301-9069,
jim.dorsey@globalinsight.com, or Catarina Walsh, Media Relations-Eur&Int'l,
+44-0-20-7452-5183, catarina.walsh@globalinsight.com, both of IHS Global
Insight

Web site: http://globalinsight.com/
http://www.ihs.com/

Northrop Grumman Showcases State-of-the-Art Naval Capabilities at Euronaval 2008, Paris

LONDON, October 24 /PRNewswire/ --

Northrop Grumman Corporation (NYSE: NOC) will display a wide array of its state-of-the-art ship and marine navigation system capabilities at the international naval defence exhibition, Euronaval in Paris, France.

Euronaval will be held at the Paris-Le-Bourget exhibition centre from 27 to 31 October 2008 and includes the maritime sector and those industrial activities associated with state actions at sea.

Northrop Grumman will showcase its LPD San Antonio-class Amphibious Warfare and Transport ship and its International Patrol Frigate, a versatile and affordable warship based on the multi-mission National Security Cutter currently operated by the U.S. Coast Guard. The company's Sa'ar 5B Littoral Corvette, an enhanced version of the Northrop Grumman Sa'ar 5 corvette currently in service with the Israel Navy will also be on display as well as the advanced Enforcer-class Fast Patrol Craft design.

On display will be Northrop Grumman Sperry Marine's latest generation of navigation and ship control technology -- VisionMaster FT.

VisionMaster FT provides a highly integrated fully networked suite of marine radar and electronic charting systems designed to form the backbone of the modern ship's integrated bridge. In addition to the standard suite, Sperry Marine will be featuring its integrated platform management solution as part of their VisionMaster FT defence offering. The solution is similar to the system that is currently being installed on the UK Royal Navy's new Type 45 destroyers.

Navigation systems on show will include Northrop Grumman Sperry Marine's MK39 ring laser gyro navigation system and the MK27 fibre-optic attitude and heading reference system for naval vessels.

For more than a century, Northrop Grumman has been designing, building, overhauling and repairing a wide variety of ships for the U.S. Navy, the U.S. Coast Guard and world navies. Today, Northrop Grumman builds more ships, in more ship types/classes, than any other U.S. naval shipbuilder. In addition to being the nation's sole industrial designer, builder and refueller of nuclear-powered aircraft carriers and one of only two companies capable of designing and building nuclear-powered submarines, Northrop Grumman is also the country's leading provider of major surface ships such as destroyers, cruisers, high endurance cutters, and amphibious assault ships for the U.S. and international navies.

In Europe, Northrop Grumman operates from locations in France, Germany, Italy and Norway, providing navigation, air traffic control and postal automation systems. In the UK, Northrop Grumman operates from primary locations in London, Fareham, Chester, Coventry, New Malden, Peterborough, RAF Waddington and Solihull and provides avionics, communications, electronic warfare systems, marine navigation systems, robotics, C4I solutions and mission planning, IT systems and software development.

Northrop Grumman Corporation is a global defence and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.

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

Northrop Grumman Corporation

London, Ken Beedle of Northrop Grumman Corporation, +44-207-747-1910, or +44-7787-174092, Ken.beedle@euro.ngc.com

The Advisory Board Company Schedules Second Quarter Investor Conference Call for November 5, 2008

WASHINGTON, Oct. 24 /PRNewswire-FirstCall/ -- The Advisory Board Company announced today that it will hold an investor conference call hosted by Robert W. Musslewhite, Chief Executive Officer and Director, Frank J. Williams, Executive Chairman, and Michael T. Kirshbaum, Chief Financial Officer, to discuss the Company's financial results for the quarter ended September 30, 2008. The call will be held on Wednesday, November 5, 2008, at 6:00 p.m. Eastern Time. The Company plans to release its second quarter financial results after the market closes on Wednesday, November 5, 2008.

The ABCO investor conference call will be available via live web cast on the Company's web site at http://www.advisoryboardcompany.com/ in the section titled "The Firm," found under the tab "Investor Relations." To participate by telephone, the dial-in number is 800.259.0251 and the access code is 76841343. Call participants are advised to dial in at least five minutes prior to the call to register. The web cast will be archived for seven days: from 8:00 p.m., Wednesday, November 5, 2008, until 8:00 p.m., Eastern Time, Wednesday, November 12, 2008.

About The Advisory Board Company

The Advisory Board Company provides best practices research, analysis, executive education and leadership development, decision support tools and installation support services primarily to the health care industry, focusing on business strategy, operations and general management issues. The Company provides best practices and research through discrete programs to a membership of more than 2,700 organizations, including leading hospitals, health systems, pharmaceutical and biotech companies, health care insurers, medical device companies and universities. Members of each program are typically charged a fixed annual fee and have access to an integrate set of services that may include best practice research studies, executive education seminars, customized research briefs, decision support tools, and web-based access to the program's content database.

The Advisory Board Company

CONTACT: Michael T. Kirshbaum, Chief Financial Officer of The Advisory
Board Company, +1-202-266-5600, jacobsg@advisory.com

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

Pratt & Whitney Awarded $78M F135 Long Lead Production Contract

EAST HARTFORD, Conn., Oct. 24 /PRNewswire/ -- Pratt & Whitney was recently awarded a $78 million production contract for F135 engines, powering the F-35 Lightning II. This low rate initial production (LRIP) contract covers F135 long lead material for seven conventional take-off and landing (CTOL) and seven short-takeoff/vertical-landing (STOVL) F-35 aircraft. Pratt & Whitney is a United Technologies Corp. company.

"This contract allows Pratt & Whitney to acquire and produce F135 engine parts to support our customers and meet the F-35 production and delivery schedule," said Chris Flynn, director, Pratt & Whitney F135 engine programs.

This award is one in a series of milestones for the F135 engine program, including exceeding 10,000 ground test hours as part of the system development and demonstration program; logging 59 successful flight tests and more than 75 flight test hours of the F135-powered CTOL F-35 aircraft; and completing 14 flights of the F-35B powered by Pratt & Whitney's F135 STOVL propulsion system.

Rated at more than 40,000 pounds of thrust, the F135 is the most powerful fighter engine ever built. The technologically advanced F135 is an evolution of the highly successful F119 engine for the F-22 Raptor. By the time the F-35 enters operation, the F119 engines will have logged more than 480,000 flight hours. In addition, the F135 will have logged 16,000 flight hours and more than 17,000 ground test hours. This ground and flight test experience will confirm the maturity and the associated reliability of the F135 engine for armed forces around the world.

The F135 STOVL propulsion system team consists of Pratt & Whitney, the prime contractor with responsibility for the main engine and system integration; Rolls-Royce of the United Kingdom, which provides lift components for the STOVL F-35B; and United Technologies Corp.'s Hamilton Sundstrand unit, provider of the engine control system and gearbox.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in the Lightning II funding related to the F-35 aircraft and F135 engines, changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.

Erin Dick Jennifer Whitlow Pratt & Whitney Military Engines Pratt & Whitney 860.557.0122 860.565.9600 erin.dick@pw.utc.com jennifer.whitlow@pw.utc.com

Pratt & Whitney

CONTACT: Erin Dick of Pratt & Whitney Military Engines, +1-860-557-0122,
erin.dick@pw.utc.com; or Jennifer Whitlow of Pratt & Whitney, +1-860-565-9600,
jennifer.whitlow@pw.utc.com

Web site: http://www.pratt-whitney.com/

Stoneridge, Inc. to Broadcast Its Third-Quarter 2008 Conference Call on the Web

WARREN, Ohio, Oct. 24 /PRNewswire-FirstCall/ -- Stoneridge, Inc. will broadcast its third-quarter 2008 earnings conference call live over the Internet on Friday, November 7, 2008 at 10 a.m. Eastern time with President and Chief Executive Officer, John Corey; and Executive Vice President and Chief Financial Officer, George Strickler.

This webcast can be accessed through the Company's Web site, http://www.stoneridge.com/. The webcast is also being distributed over CCBN's Investor Distribution Network. Individual investors can listen to the webcast at http://www.fulldisclosure.com/. Institutional investors can access the webcast via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com/).

Stoneridge, Inc., headquartered in Warren, Ohio, is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, medium- and heavy-duty truck, agricultural and off-highway vehicle markets. Net sales in 2007 were approximately $727 million. Additional information about Stoneridge can be found at http://www.stoneridge.com/.

For more information, contact: Kenneth A. Kure, Corporate Treasurer and Director of Finance 330/856-2443

Stoneridge, Inc.

CONTACT: Kenneth A. Kure, Corporate Treasurer and Director of Finance,
Stoneridge, Inc., +1-330-856-2443

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

Newport Corporation to Report 2008 Third Quarter Results on October 29

IRVINE, Calif., Oct. 24 /PRNewswire-FirstCall/ -- Newport Corporation has announced that next Wednesday, October 29, 2008, the company will release results for its third quarter ended September 27, 2008. The company also said President and Chief Executive Officer Robert J. Phillippy and Senior Vice President, Chief Financial Officer and Treasurer Charles F. Cargile will host an investor conference call that day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to review the company's financial results and business outlook.

The call is open to all interested investors through a live audio broadcast via the Internet at http://www.newport.com/investors and http://www.earnings.com/. The call also will be available to investors and analysts by dialing 888-806-6230 within the U.S. and Canada or 913-312-0674 from abroad.

The webcast will be archived on both websites and can be reached through the same links. A telephonic playback of the conference call also will be available by calling 888-203-1112 within the U.S. and Canada and 719-457-0820 from abroad. Playback will be available beginning at 8:00 p.m. Eastern time on Wednesday, October 29, 2008, and continue through 8:00 p.m. Eastern time on Wednesday, November 5, 2008. The replay confirmation code is 8616410.

About Newport Corporation

Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, microelectronics manufacturing, 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 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 Microcap Index.

Newport Corporation

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

Web Site: http://www.newport.com/
http://www.newport.com/investors

Demand Climbs for Wireless Voice, Multimedia and Internet Access in Ventura CountyVerizon Wireless adds two new 3G cell sites to stay ahead of growth

IRVINE, Calif., Oct. 24 /PRNewswire/ -- Wireless users in more Ventura County locations are now experiencing expanded voice and data coverage thanks to the addition of two new cell sites from Verizon Wireless.

The new sites improve 3G coverage and call capacity for customers in and around:

-- Oxnard - along Rose and Vineyard from Los Angeles Avenue to near Highway 101, and along Central between Vineyard to Santa Clara -- Santa Paula - along Highway 150 near Thomas Aquinas College, but not including the college

The recent expansion adds to Verizon Wireless' $4.6 billion dollar investment in California since 2000. Nationwide the company has invested nearly $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national wireless network and to add services like BroadbandAccess, V CAST, VZ NavigatorSM and many more. The company now has the nation's largest 3G network.

Verizon Wireless is the most widely used brand of service in wireless. The company now serves more than 68.7 million customers nationwide. In the second quarter of 2008, the company delivered nearly 70 billion text messages and completed 121 million downloads of music, videos, games, ringtones, and exclusive content, including 36.5 million video and music downloads.

"Our network expansion in California is just another example of how we invest to stay ahead of demand and to make sure that our customers enjoy a superior wireless experience," said John Palmer, regional president of Verizon Wireless.

"This consistent investment is a key reason Verizon Wireless has ranked first in customer loyalty in the industry in each of the last 15 quarters.*"

Other examples of company leadership include being first to offer nationwide plans with unlimited calling and the only provider to offer a 30-day network "Test Drive" pledge that pays for calls if a customer isn't satisfied and switches to another carrier.

Verizon Wireless' reputation as the nation's most reliable wireless network is supported by industry-leading redundancy and maintenance measures. This has proven particularly valuable during natural disasters and other emergencies across the country. Standard Verizon Wireless network-reliability features include battery back-up power at all facilities as well as generators installed at all switching facilities and many cell site locations. Only one wireless network is America's most reliable for calls, downloads and e-mails. Verizon Wireless. It's the Network.(R)

For more information about the company's network coverage, Test Drive from Verizon Wireless or any of our products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

* Loyalty claims based upon publicly available churn (customer turnover) figures.

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: Ken Muche of Verizon Wireless, +1-949-286-8193,
ken.muche@verizonwireless.com

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

UPDATE: Growth in Time Visitors Spend on Realtor.com(R) Eclipses Real Estate Category in SeptemberVisitor Time on Realtor.com Increased by +17% While Real Estate Category Decreased by -5% in September '08 vs. '07

LOS ANGELES, Oct. 24 /PRNewswire-FirstCall/ -- Consumer engagement on Realtor.com, the #1 homes-for-sale Web site, continued to increase in September 2008 with 17% year-over-year growth in the total time visitors spent searching real estate despite a -5% decline in total minutes for the real estate category.[1] The September comScore Media Metrics report also shows consumers spent 10% more total time on the Move Network, year-over-year, while minutes per unique user grew dramatically by 30% and 27% on the Move Network and Realtor.com, respectively. In fact, visitors spent more minutes on Realtor.com than the next seven closest competitors combined.[2]

Compared to the same month last year, September 2008 visitors looked at 17% more pages on Realtor.com as they searched for real estate.

"User engagement metrics like time-on-site show consumers rely and trust the Move Network and Realtor.com more than any other online source for their real estate information," said Lorna Borenstein, president of Move, Inc. "We're extremely proud that our two flagship sites continue to be so well received by consumers."

Realtor.com President Errol Samuelson added, "As we move towards the public release of the newly designed Realtor.com, we're confident that this trend of increased activity by visitors within the site will continue to manifest itself, benefiting both Realtors and advertisers."

As Realtor.com time-on-site and page views increase, Move regularly measures consumer interest in home markets across the nation. Local markets with the fastest year-over-year growth in September searches on Realtor.com included Stockton-Lodi, CA (137.5%), Las Vegas, NV (109.5%), Riverside-San Bernardino, CA (102.8%), Oakland, CA (87.9%), Fort Myers-Cape Coral, FL (78.2%), San Jose, CA (73.7%) and Sacramento, CA (73.1%). Click: http://marketing.realtor.com/septembersearch/ for the full list.

As a public company and category leader, the Move Network uses public, panel-based reporting services when stating traffic counts so they can be verified. Move supports the practice of public attribution of sources when quoting data from reports, polls, and surveys in order to offer the transparency and clarity real estate professionals and consumers need when searching for a trustworthy online source of information.

ABOUT REALTOR.COM(R)

REALTOR.com(R), where the world shops for real estate online, is operated by Move, Inc., and is the official Web site of the National Association of REALTORS(R). Ranked as the #1 homes-for-sale site, REALTOR.com(R) currently offers potential home buyers access to over four million property listings, as well as the most brokers and agents. It also provides REALTORS(R) and the home sellers they represent with the Internet's largest real estate marketplace, reaching more than 4.88 million consumers in September 2008[1]. Agents and companies have the power to customize REALTOR.com(R) resources to maximize their brand and productivity.

REALTOR(R) and REALTOR.com(R) are registered trademarks of the NATIONAL ASSOCIATION OF REALTORS(R). REALTOR(R) is a federally registered collective membership mark, which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS(R) and subscribes to its strict Code of Ethics. All other trademarks appearing above are the property of Move, Inc., or of their other respective owners

ABOUT MOVE, INC.

Move, Inc. is the leader in online real estate with 7.1 million[1] monthly visitors to its online network of websites. Move, Inc. operates: Move.com(R), a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com(R), the official Web site of the National Association of REALTORS(R); Welcome Wagon(R); Moving.com; SeniorHousingNet(TM); and TOP PRODUCER(R) Systems. Move, Inc. is based in Westlake Village, California, and employs more than 1600 individuals throughout North America. For more information: http://www.move.com/.

[1] comScore Media Metrix, September 2008 [2] Sites are Y! Real Estate, AOL RE, MSN RE, Trulia, Zillow, RealtyTrac and Homes -- 174 million minutes v. REALTOR.com -- 182 million minutes

This press release may contain forward-looking statements, including information about management's view of Move's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Move's future results. The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO)

Photo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Move, Inc.

CONTACT: Julie Reynolds of Move, Inc., +1-805-557-3080,
julie.reynolds@move.com

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

Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: WFMI, BG, CAT, NSC, CRM, AMZN

DALLAS, Oct. 24 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.

Investors can view all of the daily trading notes for free by visiting: http://www.beaconequity.com/m

Today's Trade Alerts include: Whole Foods Market Inc. , Bunge Ltd. , Caterpillar Inc. , Norfolk Southern Corp. , Salesforce.com and Amazon.com .

Join the fastest growing investment community at: http://www.stockhideout.com/

See what Cramer has to say about these stocks at: http://maddmoney.net/

BeaconEquity.com's Trade Alerts are brief analyses on the active stocks each day that are affecting the markets. These include breaking news, insider activity, recent 52-week highs/lows, technical breakouts, and other market driving information. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.

We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.beaconequity.com/m

BeaconEquity.com is one of the industry's largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m CRD# 1755680

BeaconEquity.com Disclosure

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

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

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

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. JEFF BISHOP https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70781

BeaconEquity.com

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

Web site: http://www.beaconequityresearch.com/
http://www.stockhideout.com/
http://maddmoney.net/

Hardinge Schedules Third Quarter Earnings Conference Call

ELMIRA, N.Y., Oct. 24 /PRNewswire-FirstCall/ -- Hardinge Inc. invites you to participate in a conference call to discuss its financial and operating performance for the quarter ended September 30, 2008.

What: Hardinge Inc. Third Quarter Earnings Conference Call When: Thursday, November 6, 2008 at 11:00 a.m. Eastern Time Where: http://www.videonewswire.com/event.asp?id=52794

How: Live over the Internet at the Web address listed above or by phone at the number below

Dial-In: 1-866-548-2693; Outside the U.S. & Canada: 1-904-596-2360

The call will last approximately 30 minutes, with a presentation followed by an open discussion. Richard Simons, President and Chief Executive Officer and Edward Gaio, Vice President and Chief Financial Officer will discuss the results and respond to investor questions. The Company's third quarter earnings will be released before the market opens on November 6th, 2008 and the release will also be available in the "Investor Relations" section of the Company's website at http://www.hardinge.com/.

If you are unable to participate at the scheduled time, you may access an audio recording approximately one hour after the call's completion by dialing 1-888-284-7564, or 1-904-596-3174 if outside the U.S. & Canada, and entering the reference number: 239768. This recording will be available through February 5, 2009. The call will also be archived on the Company's website for one year, and can be accessed at any time and at no cost during this period.

Hardinge is a global designer, manufacturer and distributor of machine tools, specializing in high-precision, computer controlled, material-cutting machines. The Company's products are distributed to most of the industrialized markets around the world and in 2007 approximately 66% of sales were from outside of North America. Hardinge has a very diverse international customer base and serves a wide variety of end-user markets. Along with metalworking manufacturers which make parts for a variety of industries, our customers include a wide range of end users in the aerospace, agricultural, transportation, basic consumer goods, communications and electronics, construction, defense, energy, pharmaceutical and medical equipment, and recreation industries, among others. The Company has manufacturing operations in the United States, Switzerland, Taiwan and China. For more information, please visit http://www.hardinge.com/.

For further information contact: Edward Gaio Vice President and CFO (607) 378-4207

Hardinge Inc.

CONTACT: Edward Gaio, Vice President and CFO, Hardinge Inc.,
+1-607-378-4207

Web Site: http://www.hardinge.com/
http://www.videonewswire.com/event.asp?id=52794

Convergent Solutions Enhance the Delivery of Mobile Technology and MultimediaThanks to Quentris and Dilithium, Elephant Talk Communications will be able to offer its users new, interactive multimedia services

AMSTERDAM, Netherlands, Oct. 24 /PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (BULLETIN BOARD: ETAK) , an international telecom and multimedia content distributor, today announced that the combined forces of Quentris and Dilithium will enable Elephant Talk Communications to expand its telecommunications services through the launch of converged multimedia services. The goal of this innovative solution is to offer the users voice and video communication using their mobile phone or Internet connection. This is an important step in the development of converging multimedia applications and is setting a new standard in telecommunications.

The solution will offer Elephant Talk customers a whole range of services such as multimedia communications services, interactive voice and video portals (IVVR) and content applications (video on-demand or streaming). The new services will be accessible using a 3G mobile phone as well as a Flash-based Internet or PC application.

The proposed platform will enable Elephant Talk to expand its future offering with new services such as video surveillance and security, mobile to PC conferencing, video blogging and user-generated content video.

"The purchase of this State-of-the-Art 3G Video Gateway and ViVaS software, which enables interactivity, 3G and Flash streaming for all kinds of (live) content, and our own compression technique, completes our product portfolio," said Martin Zuurbier, CTO and COO of Elephant Talk. "In combination with Premium Rate Services and Streaming Content, we believe we will tap new markets. Elephant Talk's overall goal is to create a great customer experience, including live customer service agents, without investing in huge servers, CTI-applications and complicated configurations. The new solution supports a wide number of devices and operating systems, with unlimited voice and live video access regardless if the target audience is using a cell phone, PC or laptop."

Mr. Zuurbier continued: "Watching a video or TV program, taking a call, participating in a live conference, dialing a number, contacting a customer service department, playing an interactive game, voting in a TV show, receiving instant information, making a video call -- everything is possible through one single solution. The user-friendliness, time-saving functionalities and inviting interactive menus and visualizations make the solution accessible for all kinds of customers. Logging features will allow data collection from customers worldwide, and the overall service level will increase. And, most importantly, communication costs will be considerably reduced."

About Elephant Talk Communications, Inc.

Elephant Talk Communications is an international telecom operator and system integrator to the multimedia industry, facilitating the distribution of all forms of content, as well as mobile and fixed-telecom services, to global telecommunications consumers. The company provides traditional telecom services, media streaming, and distribution services primarily to the business-to-business (B2B) community within the telecommunications market. Elephant Talk is also a Mobile Virtual Network Enabler (MVNE), an outsourcing partner for both Mobile Network Operators (MNO's) as well as for Mobile Virtual Network Operators (MVNO's). Elephant Talk currently operates sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East. For more information visit: http://www.elephanttalk.com/.

About Quentris, Group GDF SUEZ

Quentris is the center of competence for communication technology of GDF SUEZ Energy Services in Belgium. Working closely with other companies of GDF SUEZ Energy Services, (among other Fabricom GTI and Axima Services in Belgium and Ineo Com in France), Quentris offers solutions and services based on the integration and convergence of Data, Voice and Image network technologies. Its activities focus on wired and wireless networks, securing networks and business applications as IP Telephony, Unified Communications and Contact Centers. Being an independent partner, Quentris is the ICT alternative for the public and private sectors. The majority of employees are specialised and certified engineers. Quentris has an installed base in Belgium and in other European countries. http://www.quentris.com/

As the European leader in multi-technical services, GDF SUEZ Energy Services offers global solutions to its customers in the industry, the infrastructure and the tertiary sectors, from the design, realisation and maintenance of installations to energy and utilities management and long-term multitechnical management. GDF SUEZ Energy Services employs 76,000 people and achieved revenues of euro 14 billion. GDF SUEZ Energy Services is a business line of GDF SUEZ, one of the leading energy providers in the world.

About Dilithium

Dilithium is the global leader in high-quality multimedia delivery over mobile and broadband networks to any device. Dilithium provides the most comprehensive and innovative mobile video solutions, with unmatched breadth of deployments in 50 countries reaching 800 million subscribers. Dilithium pioneered 3G video communications and our technologies are deployed by the major network operators, content owners, aggregators and equipment providers. For more information please visit, http://www.dilithiumnetworks.com/.

Forward-Looking Statements

Except for the historical information contained herein, this press release and the statements of representatives of Elephant Talk Communications, Inc. (the "Company") related thereto contain or may contain, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the Company's plans, objectives, projections, expectations and intentions and other statements identified by words such as "projects", "may", "could", "would", "should", "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. The Company undertakes no duty to update these statements. Actual results will vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of reasons, including, without limitation: (i) risks and uncertainties associated with the integration of the assets and operations the Company has acquired and may acquire in the future, (ii) the Company's possible inability to raise or generate additional funds that will be necessary to continue and expand the Company's operations, (iii) the Company's potential lack of revenue growth, (iv) the Company's potential inability to add new products and services that will be necessary to generate increased sales, (v) the Company's potential lack of cash flows, (vi) the Company's potential loss of key personnel, (vii) the possibility of telecommunications rate changes and technological changes, (viii) the potential for increased competition and (ix) other unanticipated factors. Many of these risks are beyond the Company's control. Risk factors, cautionary statements and other conditions which could cause actual results to differ from management's current expectations are contained in the Company's filings with the Securities and Exchange Commission, including the section of the Company's Annual Report on Form 10-KSB, entitled "Risk Factors."

PRESS CONTACT Quentris Isabelle Linard Marketing & Communications Manager Tel: +32 2 727 12 33 E-mail: isabelle.linard@quentris.com Dilithium Networks Karen Birnie Tel: +1 707 792-3927 E-mail: karen.birnie@dilithiumnetworks.com Elephant Talk Communications Steven van der Velden Tel : + 31 20 653 59 16 E-mail: info@elephanttalk.com Or, Investor Relations: Jon Cunningham RedChip Companies, Inc. 1-800-733-2447, Ext. 107 info@redchip.com

Elephant Talk Communications, Inc.

CONTACT: Quentris: Isabelle Linard, Marketing & Communications Manager,
+32-2-727-12-33, isabelle.linard@quentris.com; Dilithium Networks: Karen
Birnie, +1-707-792-3927, karen.birnie@dilithiumnetworks.com; Elephant Talk
Communications: Steven van der Velden, +31-20-653-59-16,
info@elephanttalk.com, or, Investor Relations: Jon Cunningham, RedChip
Companies, Inc., +1-800-733-2447, Ext. 107, info@redchip.com

Web Site: http://elephanttalk.com/
http://www.dilithiumnetworks.com/
http://www.quentris.com/

BullMarket.com Examines Tech Earnings

PRINCETON, N.J., Oct. 24 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with investment coverage of several tech stocks, including Apple , Microsoft , Omniture ,and Cerner , among others.

All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our latest investment moves. Start your 14-day free trial today: https://www.bullmarket.com/subscribe/index.php?refer=BMR391P.

In one of the reports, BullMarket.com wrote: "The estimates of Wall Street's analysts weren't anywhere close to the real success of the iPhone as the consensus expectation was that Apple would sell 4 million units. The consensus was off by more than 75%. The Street was pretty close to the mark on the iPod, estimating sales of 10.5 million, while the analysts overestimated Mac sales, forecasting sales of 2.7 million. The expectation that more Macs would be sold during the quarter than Apple delivered accounts for the Street's higher revenue estimate since Macs are pricier products than the iPhone or iPod."

BullMarket.com looked at the following topics, among others:

-- Why is BullMarket.com bullish on Apple and what strategy have they been using to take advantage of the volatility in the stock?

-- What are BullMarket.com's thoughts on Microsoft's earnings and guidance?

-- Does the growth story at Omniture look on track or will the global slowdown derail it? Is the stock a buy at these levels?

-- Will the credit crisis and economic slowdown affect a healthcare IT firm like Cerner or is the company fairly insulated from these issues?

About BullMarket.com:

Launched in 1997, BullMarket.com has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. The BullMarket.com Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BullMarket.com is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.

NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contacts Indie Research Advisors, LLC Marcie Martin, +1-888-278-5515

Indie Research Advisors, LLC

CONTACT: Marcie Martin of Indie Research Advisors, LLC, +1-888-278-5515

Web site: http://www.bullmarket.com/
https://www.bullmarket.com/subscribe/index.php?refer=BMR391P

Growth in Time Visitors Spend on Realtor.com(R) Eclipses Real Estate Category in SeptemberVisitor Time on Realtor.com Increased by +17% While Real Estate Category Decreased by -5% in September '08 vs. '07

Compared to the same month last year, September 2008 visitors looked at 17% more pages on Realtor.com as they searched for real estate.

ABOUT REALTOR.COM(R)

ABOUT MOVE, INC.

[1] comScore Media Metrix, September 2008 [2] Sites are Y! Real Estate, AOL RE, MSN RE, Trulia, Zillow, RealtyTrac and Homes -- 174 million minutes v. REALTOR.com -- 182 million minutes

(Logo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO)

Photo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Move, Inc.

CONTACT: Julie Reynolds of Move, Inc., +1-805-557-3080,
julie.reynolds@move.com

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

Bristol and Terryville, Connecticut Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

BRISTOL, Conn., Oct. 24 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Hartford County, Verizon Wireless has activated a new cell site. The new site increases high-speed wireless data coverage and capacity along Routes 6 and 72 in Bristol and Terryville, Connecticut, as well as the surrounding area.

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

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

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

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

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

About Verizon Wireless

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

Verizon Wireless

CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213; or Marcia
Simon of Thomson Communications, +1-860-395-7244

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

Harris Corporation Declares Quarterly Dividend

MELBOURNE, Fla., Oct. 24 /PRNewswire-FirstCall/ -- The Board of Directors of Harris Corporation , an international communications and information technology company, has declared a quarterly cash dividend of 20 cents per share on the common stock, payable December 5, 2008, to shareholders of record on November 21, 2008.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of $5.3 billion and 16,500 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/ .

Harris Corporation

CONTACT: Investor Relations: Pamela Padgett, +1-321-727-9383, or
pamela.padgett@harris.com, Media: Jim Burke, +1-321-727-9131, or
jim.burke@harris.com, both of Harris Corporation

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

International Drug & Explosive Detection Firm Identa Corp Releasing: Jant Pharmacal Corporation Reports Successful Market Penetration of the Accutest(R) IDenta Co-brand in the United States and Oversees

JERUSALEM, October 24 /PRNewswire-FirstCall/ -- IDenta Corp. (Other OTC: IDTA.PK) released today the Jant Pharmacal Corporation report regarding the penetration of the United States and Oversees markets.

- The strategic partnership between Jant Pharmacal Corporation (Encino, CA) and IDenta Corporation continues, has resulted in increasing market penetration over the 2nd and 3rd quarters of 2008. Accutest(R) IDenta sales have increased significantly in the United States with over 100 law enforcement agencies currently utilizing the Accutest(R) IDenta drug detection kits and/or IDenta explosive detection kits. These agencies include drug enforcement agencies, police departments, bomb squads, SWAT teams and fire departments throughout the United States. http://www.accutestidenta.net/.

- Over the last 6 months, Jant Pharmacal Corporation has expanded its distribution channels for the Accutest(R) IDenta products line to over 30 active national and regional law enforcement/safety distributors in the U.S. These distributors are supported by Jant's manufacturer law enforcement and safety representatives throughout the country.

- During the 2nd quarter of 2008, Jant Pharmacal finalized an exclusive distribution relationship in Hong Kong with Swiss-Impex Company Ltd. In addition, Accutest(R) IDenta Drugs and Explosives Identification field test kits are being evaluated by a major law enforcement agency in Canada. Jant Pharmacal is expanding its marketing efforts in Australia, Bahrain, India, and South America in an effort to have product adopted by governmental law enforcement agencies.

- With the introduction of the New Accutest(R) IDenta Drug Identification Training Program, patrol and narcotics officers are being educated, trained and certified in the use of the Accutest(R) IDenta Drug Identification Field Test Kits. The training certification program not only ensures competency in the use of the kits, but will generate acceptance and continued sales to law enforcement agencies throughout the United States. Certification programs are currently underway in law enforcement agencies, police departments, and drug task forces in multiple states.

- The Accutest(R) IDenta Explosives and Drugs Identification Field Test Kits are being evaluated by the US Military and other major federal and state agencies (DEA, NEW YORK P.D.). Adoption by these agencies would significantly increase revenues by the beginning of 2009. In addition, Jant Pharmacal received approval from the Department of Forensics Science in Virginia, in accordance with regulations of the approval of Field Tests for the detection of drugs to be used by law enforcement professionals.

- Over the last quarter, the Accutest(R) IDenta product line had been demonstrated and promoted in specialized law enforcement, military and public safety, national and regional tradeshows including The Narcotics Officer Association Shows in Georgia, California, Texas, Oklahoma, Arizona, and the Drug Task Force Show in Tennessee, just to name a few. The Accutest(R) IDenta product line will also be exhibited in future shows such as Trexpo, and Shot Show 2009.

- Accutest(R) IDenta products are being promoted through major Law Enforcement trade journals, such as The Law Enforcement Technology Magazine, Law Officer Magazine, American Probation and Parole Journal, the NarcOfficer magazine and Police Magazine. The Accutest(R) IDenta is currently a nominee for the 2008 Forensics Innovation Awards by the Cygnus Law Enforcement Group.

About IDenta

Since 2003, IDenta Corporation has been recognized as a worldwide leader in the development of proprietary on-site drug, drug precursor and explosive detection kits. IDenta develops, manufactures and distributes products for the both professional and civil markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world. Information concerning IDenta's entire product line may be found at http://www.identa.biz/.

About Jant Pharmacal Corporation

Jant Pharmacal Corporation is recognized as an industry leader in the diagnostics industry. Established in 1986, Jant provides a comprehensive line of rapid immuno-diagnostic test products for legal, law enforcement, clinical, consumer, and workplace applications including saliva and urine drug tests, alcohol tests, tobacco tests and pregnancy & fertility tests.

Products are marketed under Jant's proprietary labels, including Accutest(R) and Accustrip(R), through national and international distributors, as well as through client private labels.

Disclaimer

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.

For Investor Relations, lobbying interests or information concerning IDenta's products internationally or the development of new chemical detectors, contact: Yaacov Shoham, IDenta Corp., CEO, Tel: +972-52-6554487, fpi@drugsdetector.com . http://www.identa.biz/

For Investor Relations in the US, contact: Randy Jacobs, Corporate Spokesman, IDentaNews@sitcomllc.com, +1-800-316-9437.

For information about the Accutest(R) - IDenta products in the US, please contact: Mr. Eyal Golan, COO, JANT PHARMACAL CORPORATION, 16255 Ventura Blvd. #505, Encino, CA 91436, Toll Free: +1-800-676-5565, +1-661-478-0582 (mobile), golan@accutest.net . http://www.accutestidenta.net/

IDenta Corp.

CONTACT: For Investor Relations, lobbying interests or information
concerning IDenta's products internationally or the development of new
chemical detectors, contact: Yaacov Shoham, IDenta Corp., CEO, Tel:
+972-52-6554487, fpi@drugsdetector.com . For Investor Relations in the US,
contact: Randy Jacobs, Corporate Spokesman, IDentaNews@sitcomllc.com,
+1-800-316-9437. For information about the Accutest(R) - IDenta products in
the US, please contact: Mr. Eyal Golan, COO, JANT PHARMACAL CORPORATION,
16255 Ventura Blvd. #505, Encino, CA 91436, Toll Free: +1-800-676-5565,
+1-661-478-0582 (mobile), golan@accutest.net .

Hop-on Will Launch Its Google Android Alliance Phone at 2009 International CES

IRVINE, Calif., Oct. 24 /PRNewswire-FirstCall/ -- Hop-on (Pink Sheets: HPNN) will be launching its new open "Android Platform" device at the Consumer Electronic Show, in Las Vegas January 2009. This phone will be sold for under $200.

The Open Handset Alliance was established in November 2007, with 34 members including mobile handset makers, application developers, some mobile carriers, chip makers, and led by Google. Nokia, AT&T and Verizon Wireless are not members of the Alliance. Android, the flagship software of the Alliance, is based on an open source license and will compete against other mobile platforms developed independently for their particular handsets, now with the open platform Hop-on will reap the benefits of the source code.

The Alliance shares a common goal of fostering innovation on mobile devices and giving consumers a far better user experience than much of what is available on today's mobile platforms. By providing developers a new level of openness that enables them to work more collaboratively, Android will accelerate the pace at which new and compelling mobile services are made available to consumers.

Peter Michaels stated, "Hop-on is committed in bringing the latest technology to the market, the Android open platform makes Hop-on competitive in the high end mobile phone market. This will create market value for our shareholders."

Hop-on (HPNN-Pink Sheets) develops and markets wireless phones and accessories for emerging market and other domestic carriers and is best known for developing the world's first disposable cell phone. Currently, Hop-on is expanding into value-added services, like mobile gambling and SMS wagering. Hop-on's exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones.

For more information, visit http://www.hop-on.com/.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

CONTACT: Hop-on, Inc.

Danny Coleman (949) 756-9008

Hop-on, Inc.

CONTACT: Danny Coleman of Hop-on, Inc., +1-949-756-9008

Web site: http://www.hop-on.com/

CSC Receives $4.6 Billion in Second-Quarter New Business OrdersPreviously Unannounced Awards of $4.3 Billion Are in Addition to $310 Million in Previously Announced Awards

FALLS CHURCH, Va., Oct. 23 /PRNewswire-FirstCall/ -- CSC today announced that the company had an estimated $4.3 billion in previously unannounced business orders and awards across its three primary lines of business during CSC's fiscal 2009 second quarter ended Oct. 3, 2008.

"We are pleased with another strong quarter of new business awards," said CSC Chairman, President and Chief Executive Officer Michael W. Laphen. "The $10.0 billion of new business awards for the first half of fiscal year 2009 represents a 47 percent increase over the $6.8 billion for the same period in fiscal year 2008. These first half awards are well balanced across our three major lines of business and include new customers, expansion of services for existing customers and extensions of existing long-term relationships."

CSC's North American Public Sector (NPS) line of business signed 130 contracts and subcontracts during the fiscal 2009 second quarter that have not been previously announced. These contracts have a total estimated value of $2.9 billion if all contract options are exercised in full. Civil agencies accounted for 52 awards with a total value of approximately $1.3 billion. The Department of Defense and its agencies accounted for 78 awards with a total value of approximately $1.6 billion.

These previously unannounced awards, combined with major announced NPS business awards of $310 million for the second quarter, bring the full-quarter NPS award total to $3.2 billion if all contract options are exercised in full.

CSC's Global Outsourcing Services (GOS) line of business signed seven new business orders in the second quarter, including six previously unannounced contracts and one previously announced award with an undisclosed value. These contracts have a total estimated value of $366 million if all contract options are exercised in full. GOS awards for the first half of fiscal year 2009 were $3.3 billion when combined with the record $2.9 billion in awards during the first fiscal quarter.

CSC's Business Solutions & Services (BS&S) line of business received orders for new business in the second quarter with an estimated total value of $1.0 billion if all contract options are exercised in full. BS&S includes CSC's commercial consulting and systems integration activities, large scale program and project management, intellectual property or business process outsourcing based solutions, and other information technology related services.

CSC will provide additional information concerning the quarterly and year-to-date performance of its lines of business, and its overall business, in its upcoming quarterly earnings announcement on Nov. 12, 2008.

About CSC

CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Global Outsourcing Services and the North American Public Sector. CSC's advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 90,000 employees and reported revenue of $17.1 billion for the 12 months ended July 4, 2008. For more information, visit the company's Web site at http://www.csc.com/.

All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements represent the Company's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company's control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled "Risk Factors" in CSC's Form 10-K for the fiscal year ended March 28, 2008. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise except as required by law.

CSC

CONTACT: Mike Dickerson, Director, Media Relations, Corporate,
+1-310-615-1647, mdickers@csc.com, or Bill Lackey, Director, Investor
Relations, Corporate, +1-310-615-1700, blackey3@csc.com, both of CSC

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

Beacon Equity Issues Technical Trade Alerts on Auto Manufacturer Stocks: TM, DAI, HMC, F, GM, TTM

DALLAS, Oct. 24 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.

Investors can view all of the daily trading notes for free by visiting: http://www.beaconequity.com/m

Today's Trade Alerts include: Toyota Motor Corp. , Daimler AG , Honda Motor Co. Ltd. , Ford Motor Co. , General Motors Corp. and Tata Motors Ltd. .

Join the fastest growing investment community at: http://www.stockhideout.com/

See what Cramer has to say about these stocks at: http://maddmoney.net/

We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.beaconequity.com/m

BeaconEquity.com Disclosure

BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC, which has been compensated forty three thousand five hundred dollars from JMS Consulting as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. Please read our report and visit our website, BeaconEquity.com, for complete risks and disclosures.

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

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

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. JEFF BISHOP https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70781

BeaconEquity.com

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

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

Visage Imaging to Showcase Advances in Thin Client Technology at RSNA 2008Thin client-based solutions allow easier and more cost-effective real-time medical image data processing with integrated enterprise 3D visualization

CARLSBAD, Calif., Oct. 24 /PRNewswire-FirstCall/ -- Visage Imaging(R), Inc., a wholly owned subsidiary of Mercury Computer Systems, Inc. , announced today a multitude of new clinical applications and advanced tools for 2D, 3D, and 4D visualization and post processing, to be showcased at the 94th Scientific Assembly and Annual Meeting of the Radiological Society of North America (RSNA). The new applications and tools are fully integrated within the Visage(R) CS Thin Client/Server platform, which satisfies all diagnostic imaging needs in a complex healthcare environment by offering anytime, anywhere access to images from multiple modalities to virtually any number of concurrent users.

Visage Imaging will showcase exciting advances in thin client technology with demonstrations of its latest software release that targets new clinical applications such as CT and MR angiography, cardiac analysis, perfusion analysis, and oncology.

The Visage Thin Client solution offers a clear advantage over the traditional PACS/workstation combination, which requires imaging facilities to purchase, install, maintain, and update each workstation individually, and fails to provide the same level of processing capability from workstation to workstation.

With the Visage Imaging solution, imaging centers can purchase and maintain one server-based system without worrying about the cost and upkeep of multiple workstations. The server system also can be scaled to grow as imaging demands increase.

"If you look at how efficiently your IT and computing resources are utilized, and calculate the total cost of ownership, you can see that Visage Imaging offers significant economic benefits," said Diane Clifford, Director Global Marketing for Visage Imaging.

The Visage Thin Client solution is recognized for its unmatched performance in processing and viewing large volumes of imaging information and for managing thin-slice data, as well as for its unique combination of diagnostic reading performance. Visage Imaging provides unrivaled integrated clinical applications, and a clear commitment to add even more fully integrated tools and applications over time. While the Visage CS solution has a strong focus on radiology, it also goes one step further to provide surgeons, neurologists, and other referring physicians efficient access to original 3D data, enabling them to perform their own reformations and post processing.

"Visage CS also fosters new, efficient workflow scenarios by providing role-based functionality levels and display protocols, by allowing results and work sessions to be shared between users, and by sending 'work session links' by email," said Ms. Clifford. "Visage Imaging solutions give the recipients of the image data more flexibility for reviewing the results, and facilitate communication across the borders of multiple departments and physical locations."

For more information on Visage Imaging's comprehensive line of clinical products, visit Visage Imaging at RSNA 2008 in Booth #7139 in the North Building of McCormick Place, Chicago, Illinois; visit http://www.visageimaging.com/; or contact Visage Imaging at info@visageimaging.com or +1 888-3D-VISAGE.

Visage Imaging, Inc. -- Visioneering Science for Life(R)

Visage Imaging, Inc. (http://www.visageimaging.com/) designs and engineers clinical products that present its customers with the ability to overcome demanding market challenges and improve diagnostic results with accuracy and expedience. As a wholly owned subsidiary of Mercury Computer Systems, Inc., Visage Imaging incorporates Mercury's 20+ years of technical expertise and deep knowledge of the science behind diagnostic applications into its practice, and leverages this experience to push the boundaries of what is possible within its domain.

Through collaborative learning, Visage Imaging has built a nimble, creative organization: one that is first to market with innovative 3D clinical applications, offers best-in-class 3D products that are unique and reliable, and helps its customers to accelerate their own market innovation and clinical benefit.

Forward-Looking Safe Harbor Statement

This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Visage Thin Client solution. You can identify these statements by our use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, general economic and business conditions, including unforeseen weakness in Visage Imaging's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, continued funding of defense programs, the timing of such funding, changes in the U.S. Government's interpretation of federal procurement rules and regulations, market acceptance of Visage Imaging's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, and difficulties in retaining key customers. These risks and uncertainties also include such additional risk factors as are discussed in Mercury Computer Systems, Inc.'s recent filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2008. Visage Imaging cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Visage Imaging undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Contacts: Diane M Clifford Kathleen Sniezek Director Global Marketing Corporate Public Relations Manager Visage Imaging, Inc. Mercury Computer Systems, Inc. Phone: 978-967-1168 Phone: 978-967-1126 E-mail: dclifford@visageimaging.com E-mail: ksniezek@mc.com

Visage, Visage Imaging, and Visioneering Science for Life are registered trademarks of Mercury Computer Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

Photo: http://www.newscom.com/cgi-bin/prnh/20030930/MERCURYCSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Mercury Computer Systems, Inc.

CONTACT: Diane M Clifford, Director Global Marketing of Visage Imaging,
Inc., +1-978-967-1168, dclifford@visageimaging.com; or Kathleen Sniezek,
Corporate Public Relations Manager of Mercury Computer Systems, Inc.,
+1-978-967-1126, ksniezek@mc.com

Web site: http://www.mc.com/
http://www.visageimaging.com/

EXFO to Present at RBC Capital Markets Growth Conference

QUEBEC CITY, Oct. 24 /PRNewswire-FirstCall/ -- EXFO Electro-Optical Engineering Inc. announced today that Etienne Gagnon, Vice-President of Product Management and Marketing, will make a presentation at the RBC Capital Markets Growth Conference at 12:25 p.m. (Eastern time) on Oct. 28, 2008, in Toronto.

Mr. Gagnon will outline EXFO's investment proposition, market opportunities and competitive advantages to institutional investors on-site.

An audio Webcast of the presentation will be available live at http://www.exfo.com/, under the Investors section. It will also be archived for a limited period.

IR Calendar - RBC Capital Markets Growth Conference, Oct. 28, 2008, 12:25 p.m. (Eastern time), Toronto (Audio Webcast: http://www.exfo.com/investors). About EXFO

EXFO is a leading provider of test and monitoring solutions for network service providers and equipment manufacturers in the global telecommunications industry. The Telecom Division offers a wide range of innovative solutions extending across the full technology lifecycle ? from design to technology deployment and onto service assurance ? and covering all layers on a network infrastructure to enable triple-play services and next-generation, converged IP networking. The Life Sciences and Industrial Division offers solutions in medical device and opto-electronics assembly, fluorescence microscopy and other life science sectors. For more information, visit http://www.exfo.com/.

EXFO ELECTRO-OPTICAL ENGINEERING INC.

CONTACT: Vance Oliver, Manager, Investor Relations, (418) 683-0913, Ext.
3733, vance.oliver@exfo.com

Overstock.com Reports Third Quarter 2008 Financial Results; Announces Intent to Restate Previous Financial Statements

SALT LAKE CITY, Oct. 24 /PRNewswire-FirstCall/ -- Overstock.com, Inc. today reported financial results for the quarterly period ending September 30, 2008. As described below, the prior period amounts used in the comparisons below and elsewhere in this press release have been revised from those previously reported and remain subject to further adjustment.

Key Q3 2008 metrics (comparison to Q3 2007 as revised as described below): -- Total revenue: $186.9m vs. $160.1m (a 17% gain); -- Gross margin: 17.2% vs. 17.1%; -- Gross profit: $32.1m vs. $27.4m (a 17% gain); -- Sales and marketing expense: $11.9m vs. $8.8m (a 35% increase); -- Contribution (gross profit less marketing expense): $20.2m vs. $18.5m (a 9% gain); -- G&A/Technology expense: $24.4m vs. $24.3m (a 1% increase); -- Net loss: $1.6m [$(0.07)/share] vs. $5.6m [$(0.24)/share] (a $0.17/share improvement); -- EBITDA: $2.2m vs. $3.2m (a $1.0m decrease); -- EBITDA (TTM): $4.7m vs. ($41.9)m (a $46.6m improvement); -- Operating cash flows (TTM): $14.9m vs. $6.2m (an $8.7m improvement); and -- Completed $20m repurchase program: Retired $9.5m face value of our convertible debt for $6.6m. "Other than that, Mrs. Lincoln, how did you like the play?" Dear Owner:

We have an accounting restatement that mostly reflects fall-out from our Oracle ERP implementation of a few years ago. Dave's letter below explains the problem and the solution. Our 1st Commandment is "Maintain a bullet proof balance sheet," But while the spirit is strong, the flesh made a mistake. The short version is: when we upgraded our system, we didn't hook up some of the accounting wiring; however, we thought we had manual fixes in place. We've since found that these manual fixes missed a few of the unhooked wires. It also turned out there were errors cutting both ways which partially obscured the problem because we relied on reasonability testing to verify certain balances rather than a ground-up reconciliation. Now that we have found these errors, we have called a penalty on ourselves. The total effect of the errors over the five and a half year period (during which we generated nearly $3.5 billion in revenues) is a reduction in revenue of $12.9 million and a $10.3 million increase to cumulative net loss. This restatement does not affect previously reported cash flows nor change our thoughts on the business going forward.

"Other than that," we are holding our own. Revenue growth was 17% this quarter, down from 26% in the first half, but still above industry average. Expenses remain tightly managed. The net loss for the quarter was just under $1.6 million, a good improvement over last year, though this was partially due to a $2.8 million gain from repurchasing our debt at a discount. We continue to be EBITDA-positive and are generating positive TTM operating cash flows. The path to profitability seems clearer than ever. The key to getting there will be maintaining current levels of technology and G&A costs while growing contribution dollars (which should be easier this quarter).

This holiday shopping season and the quarters ahead will be challenging for the retail industry. I believe that in general we are counter-cyclical because in tough times consumers become deal-hunters: it remains to be seen if that dynamic can offset the macro dynamics settling over the whole economy. Yet the last two years were spent leaning out Overstock, and that has positioned us well for this scenario. Our supply chain is flexible, which lets us take advantage of shocks and dislocations in the supply chains of others. Over the last month or two, we have seen a significant spike in the number of distributors and brands who are signing up to work with us, and we have been buying inventory more opportunistically than we have in years. Our product offering and customer satisfaction are at all-time highs.

I look forward to speaking with you about your business and current business conditions during the upcoming conference call. Until then, I remain,

Your humble servant, Patrick M. Byrne

P.S. Please email questions to Kevin Moon at kmoon@overstock.com prior to the conference call

Dear Owner:

As the Company's principal financial and accounting officer, I bear the responsibility for the accuracy of our financial reporting. I am extremely disappointed that we have a restatement and I owe you an explanation of what happened.

I am confident that we have identified and fixed the problem. To give you that same confidence, I'll give some background about what we discovered, and explain why, going forward, it is no longer an issue.

As you know, during 2005 we implemented a major system upgrade which also upgraded our accounting system. As part of this accounting system upgrade we changed from recording refunds to customers in batches to recording them transaction-by-transaction. When we issue a customer refund, the refund reduces the amount of cash we receive from our credit card processors and, as a result, our financial system should reduce our accounts receivable balance. After the implementation, in the instance of some customer refunds, this reduction wasn't happening, and we didn't catch it.

We use internal "reason codes" to track the reasons we give customer refunds. Under the new system not all reason codes were automatically recorded; some customer refunds required manual entry in the financial system. We set up automatic and manual processes so that these would be recorded. Unfortunately, we missed some of the manual customer refunds, and as a result, we did not record all that were occurring. Over time, this error built up and, on a cumulative basis, eventually became material. Separately, but on a much smaller scale, we found that our system did not reverse out shipping revenue for cancelled orders as it should have, and these $2.95 charges also added up over time.

These errors were partially masked by an offsetting error which made our overall cost of returns appear reasonable: over the past two years we under- billed our fulfillment partners for some returns-related costs and fees. In other words, we weren't recording some customer refunds and we weren't recouping some costs from partners on some returns. The combined result was that our returns costs looked reasonable. We have corrected the under billing problem and are initiating a process to collect a portion of the amounts owed, which we will record as we receive them.

As a result of our discovery of these errors, we have reexamined our procedures for testing and verification of the balance sheet. We have put into place processes to record all refunds in our financial system, and as a further check, we are reconciling refunds and the related balance sheet accounts to the credit card and bank statements rather than relying on a reasonableness test. To ensure that we record refunds in the proper period, we also adjusted our reserve for returns in each period based on our actual return experience.

As our amended filings are not yet complete, we do not have the restated consolidated financial statements to provide today. However, our current estimates of the restatement of revenue, gross profit, gross margins, operating loss from continuing operations and net loss per share from continuing operations are shown below. These are based on management's calculations, and are in the process of being reviewed by our registered public accounting firm.

Summary of restatement (by year, in millions) 2003 2004 2005 2006 2007 revenue - as reported $238.9 $ 494.6 $ 799.3 $788.2 $760.2 revenue - as restated $234.6 $ 490.6 $ 795.0 $780.1 $765.9 difference $(4.3) $(4.0) $(4.3) $(8.0) $5.7 gross profit - as reported $25.7 $66.2 $ 116.9 $94.8 $ 127.6 gross profit - as restated $25.3 $66.4 $ 116.5 $89.8 $ 124.6 difference $(0.4) $0.2 $(0.4) $(5.0) $(3.0) gross margins - as reported 10.8% 13.4% 14.6% 12.0% 16.8% gross margins - as restated 10.8% 13.5% 14.7% 11.5% 16.3% difference 0.0% 0.2% 0.0% -0.5% -0.5% operating loss - as reported $(12.0) $(4.9) $ (21.2) $(93.8) $(41.6) operating loss - as restated $(12.5) $(4.7) $(21.6) $(98.8) $(44.6) difference $(0.4) $0.2 $(0.4) $(5.0) $(3.0) loss from continuing operations - as reported $(11.5) $(4.5) $ (22.3) $(94.9) $(41.1) loss from continuing operations - as restated $(12.0) $(4.4) $(22.6) $(100.0) $(44.1) difference $(0.5) $0.1 $(0.3) $(5.1) $(3.0) Net loss per share from continuing operations - as reported $(0.73) $(0.26) $(1.15) $(4.67) $(1.73) Net loss per share from continuing operations - as restated $(0.76) $(0.26) $(1.17) $(4.92) $ (1.86) difference $(0.03) $0.00 $(0.02) $(0.25) $ (0.13) Q1 Q2 2008 2008 Total revenue - as reported $200.7 $188.8 $3,470.8 revenue - as restated $202.8 $188.8 $3,457.9 difference $2.1 $(0.0) $(12.9) gross profit - as reported $34.8 $34.1 $500.1 gross profit - as restated $34.0 $33.2 $489.7 difference $(0.8) $(0.9) $(10.3) gross margins - as reported 17.3% 18.1% 14.4% gross margins - as restated 16.7% 17.6% 14.2% difference -0.6% -0.5% -0.2% operating loss - as reported $(4.3) $(6.3) $(184.2) operating loss - as restated $(5.1) $(7.2) $(194.5) difference $(0.8) $(0.9) $(10.3) loss from continuing operations - as reported $(3.9) $(6.5) loss from continuing operations - as restated $(4.7) $(7.4) difference $(0.8) $(0.9) Net loss per share from continuing operations - as reported $(0.17) $(0.28) Net loss per share from continuing operations - as restated $(0.21) $(0.33) difference $(0.04) $(0.05)

The net total of all these errors over the five and a half years is a reduction in revenue of $12.9 million, with a resulting reduction in gross profits and increase to our cumulative net loss of $10.3 million. You will notice that the adjustment to revenue in 2007 is positive $5.7 million. As you will recall, in the fourth quarter of 2007 we originally recorded the cumulative effect of correcting the error relating to the deferral of revenue recognition until estimated delivery date rather than ship date. As part of the required restatement process, we have reversed the cumulative adjustment previously recorded in the consolidated financial statements during the fourth quarter of 2007, and recorded the corrections in their appropriate periods.

Finally, we have performed a more detailed review of all aspects of our consolidated balance sheet. I am confident that it is accurate, and we have the controls in place to ensure it continues to be so.

Sincerely, David K. Chidester Senior Vice President, Finance

On October 20, 2008, the Board of Directors of the Company concluded, based on the recommendation of management, that the Company's consolidated financial statements contained in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and the consolidated interim financial statements contained in the Company's Quarterly Reports on Form 10-Q for the periods ended June 30, 2008 and March 31, 2008, each as filed with the Securities and Exchange Commission, should be restated to correct errors related to the accounting of customer refunds and credits. Accordingly such reports, as well as the Company's consolidated financial statements contained in the Company's Annual Reports on Form 10-K for the fiscal years ended December 31, 2006, 2005, 2004 and 2003, should no longer be relied upon.

Management and the Board have discussed this matter with PricewaterhouseCoopers, LLP, the Company's independent registered public accounting firm. The Company intends to file an amended Annual Report on Form 10K/A for the fiscal year ended December 31, 2007 and amended Quarterly Reports on Form 10Q/A for the periods ended June 30, 2008 and March 31, 2008 by November 10, 2008.

In addition to the impact of these errors on the consolidated financial statements, management acknowledges the impact these errors have on the effectiveness of the Company's internal control over financial reporting and disclosure controls and procedures for the periods being restated. The Company is currently assessing the impact of this restatement on its internal controls over financial reporting and related disclosure for the periods that are being restated. As a result of this assessment, the Company may determine that a material weakness existed in some or all of the periods effected by the restatement. A material weakness is a control deficiency, or a combination of control deficiencies, that result in more than a remote likelihood that a material misstatement of the annual or interim consolidated financial statements will not be prevented or detected.

Key financial and operating metrics (the figures reported in this section reflect the estimated effect of the adjustments discussed previously in this release):

Total revenue - Total revenue for the three months ended September 30, 2007 and 2008 was $160.1 million and $186.9 million, respectively, a 17% increase. For the nine months ended September 30, 2007 and 2008, total revenue was $471.4 million and $578.5 million, respectively, a 23% increase.

Gross profit and gross margin - Gross profit for the three months ended September 30, 2007 and 2008 was $27.4 million and $32.1 million, respectively, a 17% increase, representing margins of 17.1% and 17.2% for those respective periods. For the nine-month periods, gross profits were $78.2 million in 2007 and $99.3 million in 2008, a 27% increase. Gross margins were 16.6% and 17.2% for those respective nine-month periods.

Contribution and contribution margin - "Contribution" (gross profit less sales and marketing expenses) for the three months ended September 30, 2007 and 2008 was $18.5 million (11.6% contribution margin) and $20.2 million (10.8% contribution margin), respectively, a 9% increase. For the nine months ended September 30, 2007 and 2008, contribution was $50.1 million (10.6% contribution margin) and $58.1 million (10.0% contribution margin), respectively, a 16% increase.

(in thousands) Three months ended Nine months ended September 30, September 30, 2007 2008 2007 2008 Total revenue $160,059 $186,855 $471,386 $578,505 Cost of goods sold 132,693 154,736 393,218 479,206 Gross profit 27,366 32,119 78,168 99,299 Less: Sales and marketing expense 8,835 11,934 28,081 41,197 Contribution $18,531 $20,185 $50,087 $58,102 Contribution margin 11.6% 10.8% 10.6% 10.0%

Operating loss - Operating losses for the three months ended September 30, 2007 and 2008 were $5.8 million and $4.3 million, respectively. For the nine months ended September 30, 2007 and 2008, operating losses were $37.8 million (including $12.3 million of restructuring) and $16.6 million, respectively.

EBITDA - EBITDA (a non-GAAP measure) for the three months ended September 30, 2007 and 2008 was $3.2 million and $2.2 million, respectively. For the trailing twelve months ended September 30, 2007 and 2008, EBITDA was $(41.9) million (including $12.3 million of restructuring) and $4.7 million, respectively.

Regulation G, Conditions for Use of Non-GAAP Financial Measures, and other SEC regulations regulate the disclosure of certain non-GAAP financial information. Our measure of "EBITDA" is a non-GAAP financial measure. EBITDA, which we reconcile to "Operating loss" in our income statement, is earnings before interest, taxes, depreciation, amortization and stock-based compensation. EBITDA is used in addition to and in conjunction with results presented in accordance with GAAP and should not be relied upon to the exclusion of GAAP financial measures. EBITDA reflects an additional way of viewing our results that, when viewed with our GAAP results, provides a more complete understanding of factors and trends affecting our results. Our discussion above and below (i) explains why management believes that presentation of EBITDA provides useful information to investors regarding our financial condition and results of operations, (ii) to the extent material, discloses the additional purposes, if any, for which management uses this non- GAAP measure, and (iii) provides a reconciliation of this measure to our operating losses. We believe that, because our current capital expenditures are lower than our depreciation levels, discussing EBITDA at this stage of our business is useful to us and investors because it approximates cash used or cash generated by the operations of the business.

Trailing (in thousands) Three months ended Twelve months ended September 30, September 30, 2007 2008 2007 2008 Operating loss $(5,769) $(4,255) $(82,311) $(23,391) Add: Depreciation and amortization 7,080 5,580 34,350 24,634 Stock-based compensation 1,176 990 4,418 4,378 Stock-based compensation to consultants for services 140 (134) 272 90 Stock-based compensation relating to performance share plan 350 - 350 (600) Issuance of common stock from treasury for 401(k) matching contribution 213 - 1,036 (415) EBITDA $3,190 $2,181 $(41,885) $4,696

Net loss - Net loss for the three months ended September 30, 2007, was $5.6 million, or $0.24 loss per share, compared to $1.6 million, or $0.07 loss per share in 2008. For the nine months ended September 30, 2007 and 2008, net loss totaled $41.6 million and $13.7 million, respectively, or $1.76 and $0.60 loss per share for those respective periods. Net loss in 2007 included restructuring expense of $12.3 million and a loss from discontinued operations of $3.9 million.

Free Cash Flow (a non-GAAP measure) - Free cash flow for the three months ended September 30, 2007 and 2008 totaled $(2.8) million and $(9.1) million, respectively. For the trailing twelve months ended September 30, 2007 and 2008, free cash flow totaled $195,000 and $(805,000).

Free cash flow reflects an additional way of viewing our cash flows and liquidity that, when viewed with our GAAP results, provides a more complete understanding of factors and trends affecting our cash flows. Free cash flow, which we reconcile to "Cash provided by operating activities," is cash flow from operations reduced by "Expenditures for property and equipment." Although we believe that cash flow from operating activities is an important measure, we believe free cash flow is a useful measure to evaluate our business since purchases of fixed assets are a necessary component of ongoing operations. Therefore, we believe it is important to view free cash flow as a complement to our entire consolidated statements of cash flows. We believe that analyzing free cash flows on a trailing twelve month basis eliminates seasonal fluctuations in cash flows and more accurately reflects trends in this non- GAAP measure.

(in thousands) Trailing Three months ended Twelve months ended September 30, September 30, 2007 2008 2007 2008 Net cash provided by (used in) operating activities $(2,456) $(275) $6,193 $14,864 Expenditures for property and equipment (316) (8,809) (5,998) (15,669) Free cash flow $(2,772) $(9,084) $195 $(805)

Cash and working capital - At September 30, 2008, Overstock.com had cash, cash equivalents and marketable securities of $70.5 million and working capital of $33.5 million.

About Overstock.com

Overstock.com, Inc. is an online retailer offering brand-name merchandise at discount prices. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/.

Overstock.com(R) is a registered trademark of Overstock.com, Inc. All other trademarks are the property of their respective owners.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding forecasts of the upcoming holiday season and retail sales anticipated for the quarters ahead, suggestions that bargain hunters during the economic downturn may increase our retail sales, that we are able to take advantage of shocks and dislocations in the supply chain, that product offerings and customer satisfaction will continue, that we have identified and fixed all accounting problems associated with failure to accurately record customer returns and billing charges to fulfillment partners, and the adjustments to be made to our financial statements as described in this press release. Our Form 10-K for the year ended December 31, 2007, our subsequent quarterly reports on Form 10-Q, or any amendments thereto, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.

Overstock.com, Inc. Consolidated Statements of Operations (unaudited) (in thousands, except per share data) Three months ended Nine months ended September 30, September 30, 2007 2008 2007 2008 Revenue Direct revenue $39,270 $34,176 $129,918 $125,771 Fulfillment partner revenue 120,789 152,679 341,468 452,734 Total revenue 160,059 186,855 471,386 578,505 Cost of goods sold Direct 33,268 30,633 111,193 110,307 Fulfillment partner 99,425 124,103 282,025 368,899 Total cost of goods sold 132,693 154,736 393,218 479,206 Gross profit 27,366 32,119 78,168 99,299 Operating expenses: Sales and marketing 8,835 11,934 28,081 41,197 Technology 14,576 14,119 44,786 43,946 General and administrative 9,724 10,321 30,842 30,751 Restructuring - - 12,283 - Total operating expenses 33,135 36,374 115,992 115,894 Operating loss (5,769) (4,255) (37,824) (16,595) Interest income 1,291 664 3,359 2,708 Interest expense (1,029) (847) (3,085) (2,636) Other income, net (92) 2,849 (92) 2,851 Loss from continuing operations (5,599) (1,589) (37,642) (13,672) Discontinued operations: Loss from discontinued operations - - (3,924) - Net loss $(5,599) $(1,589) $(41,566) $(13,672) Net loss per common share - basic and diluted: Loss from continuing operations $(0.24) $(0.07) $(1.59) $(0.60) Loss from discontinued operations $- $- $(0.17) $- Net loss per common share - basic and diluted $(0.24) $(0.07) $(1.76) $(0.60) Weighted average common shares outstanding - basic and diluted 23,726 22,768 23,671 22,954 Other data: Shopping bookings (in 000s) $173,593 $202,019 $501,598 $620,941 Auction gross merchandise volume (in 000s) $2,628 $2,530 $11,076 $7,105 Average customer acquisition cost (shopping) $18.17 $21.82 $20.76 $24.83 Overstock.com, Inc. Consolidated Balance Sheets (unaudited) (in thousands) December 31, September 30, 2007 2008 Assets Current assets: Cash and cash equivalents $101,394 $43,525 Marketable securities 46,000 26,938 Cash, cash equivalents and marketable securities 147,394 70,463 Accounts receivable, net 11,208 10,081 Note receivable 1,506 - Inventories, net 25,643 17,481 Prepaid inventory 3,572 4,552 Prepaid expenses 7,572 10,935 Total current assets 196,895 113,512 Property and equipment, net 27,197 24,552 Goodwill 2,784 2,784 Other long-term assets, net 86 25 Note receivable 4,181 4,589 Total assets $231,143 $145,462 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $70,358 $34,659 Accrued liabilities 37,155 25,631 Deferred revenue 22,965 19,730 Capital lease obligations, current 3,796 - Total current liabilities 134,274 80,020 Other long-term liabilities 3,034 2,642 Convertible senior notes 75,623 66,481 Total liabilities 212,931 149,143 Stockholders' equity: Common stock 2 2 Additional paid-in capital 333,909 339,062 Accumulated deficit (252,327) (265,999) Treasury stock (63,278) (76,670) Accumulated other comprehensive loss (94) (76) Total stockholders' equity 18,212 (3,681) Total liabilities and stockholders' equity $231,143 $145,462 Overstock.com, Inc. Consolidated Statements of Cash Flows (unaudited) (in thousands) Three months ended Nine months ended September 30, September 30, 2007 2008 2007 2008 Cash flows from operating activities of continuing operations: Net loss $(5,599) $(1,589) $(41,566) $(13,672) Adjustments to reconcile net loss to cash provided by (used in) operating activities of continuing operations: Loss from discontinued operations - - 3,924 - Depreciation and amortization 7,080 5,580 22,825 17,964 Loss on disposition of property and equipment - - 1 - Stock-based compensation to employees and directors 1,176 990 3,386 3,242 Stock-based compensation to consultants for services 140 (134) 280 181 Stock-based compensation relating to performance share plan 350 - 350 300 Issuance of common stock from treasury for 401(k) matching contribution 213 - 928 19 Amortization of debt discount and deferred financing fees 86 85 258 257 Asset impairment and depreciation (other non-cash restructuring) - - 2,169 - Restructuring charges - - 10,114 - Notes receivable accretion (136) (136) (136) (408) Gain from early extinguishment of debt - (2,849) - (2,849) Changes in operating assets and liabilities, net of effect of discontinued operations: Accounts receivable, net (942) (104) 7,755 1,127 Inventories, net (6,792) (3,445) 152 8,162 Prepaid inventory (2,879) (1,904) (2,762) (980) Prepaid expenses (1,522) (454) (2,784) (3,363) Other long-term assets, net 100 - 366 - Accounts payable 4,222 3,442 (26,199) (35,699) Accrued liabilities (444) 1,109 (19,608) (11,524) Deferred revenue 2,605 (533) (5,096) (3,235) Other long-term liabilities (114) (333) (114) (392) Net cash provided by (used in) operating activities of continuing operations (2,456) (275) (45,757) (40,870) Cash flows from investing activities of continuing operations: Purchases of marketable securities (7,783) (10,186) (29,164) (35,548) Sales and maturities of marketable securities 8,924 13,298 12,324 54,637 Expenditures for property and equipment (316) (8,809) (2,232) (15,258) Proceeds from the sale of discontinued operations, net of cash transferred - - 9,892 - Collection of note receivable 502 250 5,196 1,506 Decrease in cash resulting from de- consolidation of variable entity - - - - Net cash provided by (used in) investing activities of continuing operations 1,327 (5,447) (3,984) 5,337 Cash flows from financing activities of continuing operations: Payments on capital lease obligations (5) - (5,256) (3,796) Drawdown on line of credit - 1,326 1,169 7,722 Payments on line of credit - (1,326) (1,169) (7,722) Issuance of common stock in offerings, net of issuance costs - - - - Purchase of treasury stock - (1,452) - (13,452) Payments to retire senior convertible notes - (6,550) - (6,550) Exercise of stock options 261 547 2,182 1,471 Net cash provided by (used in) financing activities of continuing operations 256 (7,455) (3,074) (22,327) Effect of exchange rate changes on cash (26) 23 (5) (9) Cash provided by (used in) operating activities of discontinued operations - - (204) - Cash used in investing activities of discontinued operations - - (53) - Net increase (decrease) in cash and cash equivalents (899) (13,154) (53,077) (57,869) Change in cash and cash equivalents from discontinued operations - - 257 - Cash and cash equivalents, beginning of period 75,044 56,679 126,965 101,394 Cash and cash equivalents, end of period $74,145 $43,525 $74,145 $43,525 Twelve months ended September 30, 2007 2008 Cash flows from operating activities of continuing operations: Net loss $(90,782) $(20,142) Adjustments to reconcile net loss to cash provided by (used in) operating activities of continuing operations: Loss from discontinued operations 8,191 - Depreciation and amortization 34,350 24,634 Loss on disposition of property and equipment 1 - Stock-based compensation to employees and directors 4,418 4,378 Stock-based compensation to consultants for services 272 90 Stock-based compensation relating to performance share plan 350 (600) Issuance of common stock from treasury for 401(k) matching contribution 1,036 (415) Amortization of debt discount and deferred financing fees 258 343 Asset impairment and depreciation (other non-cash restructuring) 2,960 - Restructuring charges 14,997 - Notes receivable accretion (136) (544) Gain from early extinguishment of debt - (2,849) Changes in operating assets and liabilities, net of effect of discontinued operations: Accounts receivable, net 1,537 (1,806) Inventories, net 40,877 6,237 Prepaid inventory (979) 451 Prepaid expenses (1,064) (678) Other long-term assets, net 967 105 Accounts payable (10,253) 2,349 Accrued liabilities (3,085) 2,176 Deferred revenue 2,392 1,606 Other long-term liabilities (114) (471) Net cash provided by (used in) operating activities of continuing operations 6,193 14,864 Cash flows from investing activities of continuing operations: Purchases of marketable securities (29,164) (81,601) Sales and maturities of marketable securities 12,324 71,571 Expenditures for property and equipment (5,998) (15,669) Proceeds from the sale of discontinued operations, net of cash transferred 9,892 - Collection of note receivable 5,196 1,506 Decrease in cash resulting from de- consolidation of variable entity (102) - Net cash provided by (used in) investing activities of continuing operations (7,852) (24,193) Cash flows from financing activities of continuing operations: Payments on capital lease obligations (5,335) (3,801) Drawdown on line of credit 9,347 8,976 Payments on line of credit (9,347) (8,976) Issuance of common stock in offerings, net of issuance costs 39,406 - Purchase of treasury stock - (13,452) Payments to retire senior convertible notes - (6,550) Exercise of stock options 2,449 2,519 Net cash provided by (used in) financing activities of continuing operations 36,520 (21,284) Effect of exchange rate changes on cash 18 (7) Cash provided by (used in) operating activities of discontinued operations 1,265 - Cash used in investing activities of discontinued operations (276) - Net increase (decrease) in cash and cash equivalents 35,868 (30,620) Change in cash and cash equivalents from discontinued operations (990) - Cash and cash equivalents, beginning of period 39,267 74,145 Cash and cash equivalents, end of period $74,145 $43,525

Overstock.com, Inc.

CONTACT: Media, Josh Austin, +1-801-947-4364, joaustin@overstock.com, or
Investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of
Overstock.com, Inc.

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

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