UCN Reports Third Quarter 2008 ResultsSaaS Segment Revenue Up 31% to Record $5.0 Million

SALT LAKE CITY, Nov. 6 /PRNewswire-FirstCall/ -- UCN, Inc. , the leader in all-in-one hosted contact center solutions, today reported financial results for third quarter ended September 30, 2008.

THIRD QUARTER 2008 HIGHLIGHTS -- Revenue for the SaaS segment increased 31% to $5.0 million in the third quarter, as compared to $3.8 million in SaaS revenue during the same period in 2007, bringing the total for the first nine months of 2008 to $13.9 million, a 47% increase from $9.5 million in SaaS segment revenue for the same period in 2007. -- EBITDA (earnings before interest, taxes, depreciation and amortization, and stock-based compensation) for the quarter was a positive $62,000, an improvement of $1.4 million compared to a negative $1.3 million in the previous quarter. -- Consolidated revenue for the quarter was $19.8 million, compared to $19.3 million in the previous quarter and $19.6 million in the same period a year ago, bringing the total for the first nine months of 2008 to $59.0 million. -- Consolidated costs of revenue as a percentage of revenue for the quarter improved by 4.0 percentage points to 51.7% from 55.7% in the same period in 2007 and improved by 2.0 percentage points from 53.7% in the previous quarter. -- Signed 43 new SaaS contracts during the quarter, 25 of which were with new companies, while 18 represent an expansion of business within existing customers. -- Telecom segment revenue held steady at $14.8 million as compared to the previous quarter, while costs of revenue as a percentage of revenue was 68.3% in the quarter, an improvement of 1.2 percentage points over the previous quarter. -- The company announced it has received shareholder approval to change its name to inContact(R), Inc., on January 1, 2009, and its common stock will trade under the symbol SAAS.

"The investments we have made in our people and processes over the past year delivered strong results in the third quarter," said Paul Jarman, UCN CEO. "All of our key financial indicators showed improvement, and we achieved a substantial productivity gain per sales person and a significant reduction in our implementation time for new accounts. The company is on track for producing similar results in Q4. We expect to continue to benefit from the overall expansion of the SaaS market, which is being driven by companies needing to conserve cash and consolidate their labor force. InContact enables our customers to achieve these business goals, while improving customer loyalty through superior customer service."

THIRD QUARTER FINANCIAL RESULTS SaaS Segment Results

SaaS segment revenue totaled $5.0 million, an increase of 11% from $4.5 million in the previous quarter and a 31% increase from $3.8 million in the same period in 2007.

The SaaS segment includes all monthly recurring revenue related to the delivery of the company's software applications, plus the associated professional services and setup fees related to the software services product features (referred to as SaaS). See discussion of "Segment Reporting" below for further description of the current segment presentation method and segment financial results.

Consolidated Results

Consolidated revenue for the quarter increased by $0.2 million to $19.8 million, as compared to $19.6 million for the same period in 2007. This reflected an increase of $1.2 million in SaaS segment revenue, which was offset by a decrease of $1.0 million in Telecom segment revenue from expected attrition.

Costs of revenue as a percentage of revenue improved by 4.0 percentage points to 51.7% during the quarter, as compared to the same period in 2007. This improvement is due to an increase in higher margin SaaS revenue primarily attributable to the addition of new customers. The company's cost of revenue excludes certain costs such as depreciation and amortization related to the production of revenue.

Net loss for the quarter was $2.0 million, or $0.07 per share, as compared to a net loss of $2.0 million or $0.07 per share for the same period in 2007. The loss is attributable, in part, to depreciation and amortization expense of $1.6 million and non-cash stock-based compensation expense of $344,000. The net loss position was also the result of an increased investment in payroll in the areas of general and administrative expenses and research and development, primarily to support the growing SaaS segment.

Earnings before interest, taxes, depreciation and amortization, and stock-based compensation (EBITDA) for the third quarter was a positive $62,000 and year-to-date EBITDA was a negative $2.1 million. EBITDA is a non-GAAP measure management believes provides important insight into UCN's operating results (see reconciliation of non-GAAP measures below).

CONFERENCE CALL INFORMATION

UCN will host a conference call to discuss its third quarter 2008 results later today at 4:30 p.m. Eastern time (1:30 p.m. Pacific)

Dial-In Number: 1-800-962-9098 International: 1-785-424-1051 Conference ID#: 7UCN

The call will be recorded and accessible as an audio file after the call from UCN's investor page at http://www.ucn.net/investors. A replay of the call will be available via telephone after 7:30 p.m. Eastern time today and until November 13, 2008:

Toll-free replay number: 1-800-677-6124 International replay number: 1-402-220-0664 (No replay pass code required)

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on UCN's current expectations, estimates and projections about UCN's industry, management's beliefs, and certain assumptions made by management, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words and include, but are not limited to, statements regarding projected results of operations and management's future strategic plans. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

The risks and uncertainties referred to above include, but are not limited to, risks associated with UCN's business model; our ability to develop or acquire, and gain market acceptance for new products, including our new sales and marketing and voice automation products, in a cost-effective and timely manner; the gain or loss of key customers; competitive pressures; its ability to expand operations; fluctuations in its earnings as a result of the impact of stock-based compensation expense; interruptions or delays in our hosting operations; breaches of our security measures; its ability to protect our intellectual property from infringement, and to avoid infringing on the intellectual property rights of third parties; and its ability to expand, retain and motivate our employees and manage its growth. Further information on potential factors that could affect our financial results is included in UCN's Annual Report on Form 10-K, quarterly reports of Form 10-Q, and in other filings with the Securities and Exchange Commission. The forward-looking statements in this release speak only as of the date they are made. UCN undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

UCN, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) September 30, December 31, 2008 2007 (Unaudited) ASSETS Current assets: Cash and cash equivalents $4,139 $2,760 Short-term investments 700 2,000 Accounts and other receivables, net of allowance for uncollectible accounts of $1,564 and $1,779, respectively 9,215 9,988 Other current assets 776 941 Total current assets 14,830 15,689 Property and equipment, net 7,097 6,375 Intangible assets, net 4,301 6,813 Goodwill 2,685 2,155 Auction rate preferred securities 250 - Other assets 477 336 Total assets $29,640 $31,368 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt and capital lease obligations $791 $781 Trade accounts payable 6,617 7,713 Accrued liabilities 3,311 2,120 Accrued commissions 1,282 1,470 Deferred revenue 875 338 Total current liabilities 12,876 12,422 Long-term debt and capital lease obligations 5,185 746 Other long-term liabilities and deferred revenue 386 172 Total liabilities 18,447 13,340 Total stockholders' equity 11,193 18,028 Total liabilities and stockholders' equity $29,640 $31,368 UCN, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - (Unaudited) (in thousands except per share data) Three months ended September 30, 2008 2007 Revenue $19,803 $19,628 Operating expenses: Costs of revenue (excluding depreciation and amortization shown separately below) 10,242 10,931 Selling and promotion 4,040 3,883 General and administrative 4,757 4,574 Depreciation and amortization 1,609 1,453 Research and development 1,046 674 Total operating expenses 21,694 21,515 Loss from operations (1,891) (1,887) Other income (expense): Interest income 10 3 Interest expense (155) (126) Total other expense (145) (123) Net Loss before income taxes (2,036) (2,010) Income tax benefit/(expense) 3 9 Net loss $(2,039) $(2,019) Net loss per common share: Basic and diluted $(0.07) $(0.07) Weighted average common shares outstanding: Basic and diluted 31,065 28,908 Segment Reporting

Effective January 1, 2008, UCN's management changed the way it manages the business and accordingly, UCN has changed the way it reports segments to reflect sales based on its two primary product service segments. The new segments are Software as a Service ("SaaS") and Telecom, which is different than the previously reported Telecom segment.

The SaaS segment includes all monthly recurring revenue related to the delivery of our software applications plus the associated professional services and setup fees related to the software services product features (referred to as SaaS). The new SaaS segment no longer includes any telecom revenue. SaaS software includes:

-- Skills-based routing, -- Automated call distribution ("ACD"), -- Self-service menus, -- Speech recognition based automated interactive voice response, -- Database integration with the contact handling technology, -- Multimedia contact management (voice, fax, email, chat), -- Management reporting features, -- Performance optimization benchmarking, -- Custom call routing and call flow design, -- Workforce scheduling, simulation and forecasting, -- Customer satisfaction tracking and scoring, -- New hire screening and on-line training tools, and -- One-time professional services and setup fees.

Prior to January 1, 2008, UCN managed and reported its financial results based on two customer segments: inContact and Telecom. The inContact segment included all product revenues from customers using any inContact services as well as their long distance voice and data services. The previous Telecom segment included all voice and data long distance services provided to customers not utilizing any inContact services.

Operating segment revenues and profitability for the three and nine months ended September 30, 2008 and 2007 were as follows (in thousands):

Three months ended September 30, 2008 Telecom SaaS Consolidated Revenue (1) $14,766 $5,037 $19,803 Costs of revenue (excluding depreciation and amortization shown separately below) 10,092 150 10,242 Selling and promotion 1,307 2,733 4,040 General and administrative 3,010 1,747 4,757 Depreciation and amortization 740 869 1,609 Research and development - 1,046 1,046 Loss from operations $(383) $(1,508) $(1,891) Nine months ended September 30, 2008 Telecom SaaS Consolidated Revenue (2) $45,029 $13,940 $58,969 Costs of revenue (excluding depreciation and amortization shown separately below) 30,758 354 31,112 Selling and promotion 4,027 8,493 12,520 General and administrative 9,552 5,830 15,382 Depreciation and amortization 2,177 2,324 4,501 Research and development - 3,082 3,082 Loss from operations $(1,485) $(6,143) $(7,628) Three months ended September 30, 2007 Telecom SaaS Consolidated Revenue (1) $15,795 $3,833 $19,628 Costs of revenue (excluding depreciation and amortization shown separately below) 10,848 83 10,931 Selling and promotion 1,527 2,356 3,883 General and administrative 2,875 1,699 4,574 Depreciation and amortization 741 712 1,453 Research and development - 674 674 Loss from operations $(196) $(1,691) $(1,887) Nine months ended September 30, 2007 Telecom SaaS Consolidated Revenue (2) $49,944 $9,478 $59,422 Costs of revenue (excluding depreciation and amortization shown separately below) 33,403 192 33,595 Selling and promotion 5,183 6,652 11,835 General and administrative 8,764 3,672 12,436 Depreciation and amortization 2,743 1,997 4,740 Research and development - 1,549 1,549 Loss from operations $(149) $(4,584) $(4,733) (1) SaaS segment revenue includes professional services revenue of $266,000 and $388,000 for the three months ended September 30, 2008 and 2007, respectively. (2) SaaS segment revenue includes professional services revenue of $747,000 and $837,000 for the nine months ended September 30, 2008 and 2007, respectively. Reconciliation of Non-GAAP Measures:

"EBITDA," which is calculated as Earnings Before deductions for Interest, Taxes, Depreciation and Amortization, and Stock-Based Compensation, is not a measure of financial performance under generally accepted accounting principles (GAAP). EBITDA is provided for the use of the reader in understanding UCN's operating results and is not prepared in accordance with, nor does it serve as an alternative to GAAP measures and may be materially different from similar measures used by other companies. While not a substitute for information prepared in accordance with GAAP, management believes that this information is helpful for investors to more easily understand our operating financial performance. Management also believes this measure may better enable an investor to form views of UCN's potential financial performance in the future. This measure has limitations as an analytical tool, and investors should not consider EBITDA in isolation or as a substitute for analysis of our results prepared in accordance with GAAP.

Three months ended September 30, 2008 2007 Net loss $(2,039) $(2,019) Depreciation and amortization 1,609 1,453 Stock-based compensation 344 387 Interest income and expense, net 145 123 Income tax expense 3 9 EBITDA $62 $(47) Nine months ended September 30, 2008 2007 Net loss $(7,919) $(5,254) Depreciation and amortization 4,501 4,740 Stock-based compensation 1,029 986 Interest income and expense, net 282 507 Income tax expense 9 14 EBITDA $(2,098) $993

UCN, Inc.

CONTACT: Aaron Glauser, Communications Director of UCN, Inc.,
+1-801-320-3468, aaron.glauser@ucn.net; or Investors, Scott Liolios or Ron
Both, both of Liolios Group Inc, +1-949-574-3860, info@liolios.com, for UCN,
Inc.

Web site: http://www.ucn.net/

Optelecom-NKF Reports Third Quarter Profit; 77% Growth in IP Product Sales

GERMANTOWN, Md., Nov. 6 /PRNewswire-FirstCall/ -- Optelecom-NKF, Inc. , a leading global provider of advanced IP video network solutions, today announced third quarter 2008 results.

Revenues for the third quarter totaled $11.54 million compared to $11.46 million for the third quarter of 2007. IP-related revenue in the current quarter totaled $3.5 million, a 77% increase compared to IP-related revenues of $2.0 million in the third quarter of last year. Net income for the quarter totaled $1.0 million, or $0.28 per share, compared to net income of $882 thousand, or $0.24 per share, for the same quarter of 2007. Adjusted EBITDA (as defined in the addendum to this release) was $1.3 million in the third quarter of 2008.

Revenues for the nine months ended September 30, 2008 increased 13% to $33.4 million compared to $29.5 million for the first nine months of 2007. This includes IP-related revenue of $10.4 million for the nine months ended September 30, 2008, compared to IP-related revenues of $6.3 million in 2007. Net income for the nine months ended September 30, 2008 was $1.2 million, or $0.33 per share, compared to net income of $408 thousand, or $0.12 per share, for the same period last year. Adjusted EBITDA totaled $2.6 million for the first nine months of 2008.

Edmund Ludwig, President and CEO of Optelecom-NKF, said, "We continued to see good demand for our product suites despite turbulent capital markets and strains in the global economy. We saw strong demand across our Siqura(R) IP product line, which contributed $3.5 million of the $11.5 million in revenue for the quarter."

"Adjusted EBITDA for the first three quarters of 2008 reached $2.6 million," added Steve Tamburo, Optelecom-NKF's CFO. "With our corporate refinancing complete, 77% growth in the Siqura IP product line, and solid liquidity on our balance sheet, we continue to focus on growing sales and managing IP product investments."

Third Quarter Conference Call

Optelecom-NKF President and CEO Edmund Ludwig will lead a conference call to discuss second quarter results at 10:00 a.m. Eastern Time, Friday, November 7, 2008.

Interested parties are welcome to call 800-573-4754 (International Dial In: 617-224-4325) and request the "Optelecom-NKF conference call" shortly before the designated start time or provide the participant passcode 39817742. The telephone conference call will feature a question and answer segment with management. For those parties unable to participate in the live conference call, a replay will be available from noon following the teleconference until November 14, 2008. Those wishing to listen to the replay should call 888-286-8010. (International Dial In: 617-801-6888) and enter passcode number 48104525 when prompted.

The call is being web cast by Thomson Reuters and can be accessed at http://www.earnings.com/ or at Optelecom-NKF's website http://www.optelecom-nkf.com/.

About Optelecom-NKF

Optelecom-NKF, Inc. , is a global supplier of advanced video surveillance solutions, including IP cameras, video servers/codecs, network video recorders, fiber transmission equipment, video management, and video analytics software. We deliver complete solutions for traffic monitoring and security of airports, seaports, casinos, prisons, utilities, public transit, city centers, hospitals, and corporate campuses.

Founded in 1972, Optelecom-NKF is committed to providing its customers with expert technical advice and support in addition to products that are developed and tested for professional and mission critical applications. All Optelecom-NKF IP surveillance solutions are marketed under the Siqura(R) name.

The Optelecom-NKF corporate headquarters is in Germantown, Maryland, USA, with European corporate offices in Gouda, the Netherlands, and sales offices or support covering Latin America, France, Spain, the UK, Germany, Italy, Dubai, and Singapore.

Investor inquiries should be directed to Mr. Rick Alpert at +1 301-948-7872.

OPTELECOM-NKF, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, (Unaudited) (Dollars in Thousands, Except Share Amounts) 2008 2007 Revenue $11,541 $11,464 Cost of goods Sold 4,332 4,441 Gross profit 7,209 7,023 Operating expenses: Sales and marketing 2,822 2,524 Engineering 1,590 1,230 General and administrative 1,737 1,547 Amortization of intangibles 181 191 Total operating expenses 6,330 5,492 Income from operations 879 1,531 Other income (expense), net 12 (315) Income before income taxes 891 1,216 (Benefit) provision for income taxes (138) 334 Net Income $1,029 $882 Basic Income per share $0.28 $0.24 Diluted Income per share $0.28 $0.24 Weighted average common shares outstanding -basic 3,639,877 3,617,246 Weighted average common shares outstanding -diluted 3,641,058 3,621,396 Net Income $1,029 $882 Foreign currency translation (1,648) 912 Comprehensive (loss) income $(619) $1,794 OPTELECOM-NKF, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, (Unaudited) (Dollars in Thousands, Except Share Amounts) 2008 2007 Revenue $33,414 $29,490 Cost of goods Sold 13,076 12,006 Gross profit 20,338 17,484 Operating expenses: Sales and marketing 8,503 7,234 Engineering 4,497 3,770 General and administrative 5,479 4,463 Amortization of intangibles 580 563 Total operating expenses 19,059 16,030 Income from operations 1,279 1,454 Other expense, net 485 918 Income before income taxes 794 536 (Benefit) provision for income taxes (407) 128 Net Income $1,201 $408 Basic Income per share $0.33 $0.12 Diluted Income per share $0.33 $0.12 Weighted average common shares outstanding -basic 3,636,168 3,496,083 Weighted average common shares outstanding -diluted 3,636,193 3,502,166 Net Income $1,201 $408 Foreign currency translation 273 1,340 Comprehensive income $1,474 $1,748 OPTELECOM-NKF, INC. CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2008 AND DECEMBER 31, 2007 (September 30, 2008 Unaudited) (Dollars in Thousands, Except Share Amounts) September 30, December 31, 2008 2007 (unaudited) ASSETS CURRENT ASSETS Cash & cash equivalents $5,551 $5,043 Accounts receivable and contracts receivable, net of allowance for doubtful accounts of $325 and $249 8,352 9,575 Inventories, net 6,117 5,214 Deferred tax asset - current 600 732 Prepaid expenses and other current assets 1,015 816 Total Current assets 21,635 21,380 Property & Equipment, less accumulated depreciation of $8,363 and $7,634 2,323 2,594 Deferred tax asset - non-current 3,714 2,284 Intangible assets, net of accumulated amortization of $2,768 and $2,259 7,533 8,241 Goodwill 14,969 15,259 Other assets 205 205 TOTAL ASSETS 50,379 49,963 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable 3,048 2,623 Accrued payroll 2,024 2,165 Commissions payable 232 198 Bank line of credit - 1,000 Current portion of notes payable 3,814 1,525 Accrued warranty reserve 395 418 Taxes payable 38 49 Other current liabilities 1,447 1,090 Total Current Liabilities 10,998 9,068 Notes Payable 10,607 14,245 Deferred tax liabilities 1,683 2,037 Interest Payable 1,493 1,210 Other liabilities 282 302 Total Liabilities 25,063 26,862 STOCKHOLDERS' EQUITY Common Stock, $.03 par value- shares authorized, 15,000,000; issued and outstanding, 3,640,417 and 3,632,083 shares as of September 30, 2008 and December 31, 2007, respectively 109 109 Additional paid-in capital 16,274 15,534 Accumulate other comprehensive gain 3,679 3,406 Treasury stock, 162,672 shares, at cost (1,265) (1,265) Retained earnings 6,519 5,317 Total stockholders' equity 25,316 23,101 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $50,379 $49,963 Non-GAAP Earnings Addendum

We define Adjusted EBITDA as net income or net loss plus interest expense, income taxes, other income/expense, depreciation and amortization. Adjusted EBITBA is not a measure of cash flow or liquidity as determined by generally accepted accounting principles (GAAP). We have included Adjusted EBITDA as a supplemental disclosure because we believe that it is widely used by investors, industry analysts and others as a useful supplemental measure. Optelecom-NKF calculates and uses Adjusted EBITDA as an indicator of its ability to generate cash from reported operating results.

Adjusted EBITDA does not represent funds available for our discretionary use and is not intended to represent or to be used as a substitute for net income or cash flows from operations data as measured under U.S. generally accepted accounting principles ("GAAP"). The items excluded from Adjusted EBITDA but included in the calculation of Optelecom-NKF's reported net income are significant components of the accompanying unaudited consolidated statements of operations, and must be considered in performing a comprehensive assessment of overall financial performance. Other companies may calculate Adjusted EBITDA differently than we do, which may limit its usefulness as a comparative measure.

The table below presents a reconciliation of net income to Adjusted EBITDA:

Three Months Ended Nine Months Ended (Unaudited) September 30, September 30, (Dollars in Thousands) 2008 2007 2008 2007 Net Income $1,029 $882 $1,201 $408 Add: Interest expense, net 194 283 569 859 (Benefit) Provision for income taxes (138) 334 (407) 128 Other (income)/expense (206) 32 (84) 59 Depreciation 226 232 755 708 Amortization 181 191 580 563 Adjusted EBITDA $1,286 $1,954 $2,614 $2,725

Optelecom-NKF, Inc.

CONTACT: Mr. Rick Alpert of Optelecom-NKF, Inc., +1-301-948-7872

Web site: http://www.optelecom-nkf.com/

Gaiam Reports Third Quarter Fiscal 2008 Results

BOULDER, Colo., Nov. 6 /PRNewswire-FirstCall/ -- Gaiam, Inc. , a lifestyle media company providing information, media, products and services to customers who value personal development, wellness, ecological lifestyles, responsible media and conscious community, announced today results for its third quarter ended September 30, 2008.

Gaiam also announced that it will host a conference call today, November 6, 2008, at 2:30 p.m. MST (4:30 p.m. EST) to review the third quarter fiscal 2008 results.

Dial-in No.: 888-950-8038 (domestic) or 210-234-0014 (international) Passcode: GAIAM

Revenue for the third quarter ended September 30, 2008 decreased 14.3% to $60.3 million from $70.3 million recorded in the same quarter last year. Excluding international revenues, which were affected by the transition from product sales to licensing arrangements, the revenue growth for the quarter was approximately 2%. The quarter over quarter comparison was also impacted by early holiday orders shipped in 2007 during third quarter.

Gross profit decreased to $33.8 million or 56.1% of revenue for the third quarter of 2008, from $46.1 million, or 65.6% of revenue, in the comparable quarter last year. The change in gross margin reflects the company's investment in the lower margin solar business and additional store within store presentations. The margin was also impacted by the decision to expand Gaiam's distribution footprint by maintaining retail prices while absorbing cost increases from higher freight charges and the dollar decline. The company strategy to aggressively pursue store-within-store and media category management expansion will continue to impact the margin through fourth quarter. Gaiam expects to return to mid 60's margin, excluding the solar business, by first quarter 2009 and achieve its goals of 75,000 retail doors and 10,000 store-within-store presentations.

Selling and operating expenses decreased $4.6 million, or 11.9%, to $34.0 million during the third quarter of 2008 from $38.6 million during the same quarter last year.

Other expenses of $13.9 million for the quarter include a non-cash, tax-deductable impairment charge related to the company's acquired media libraries, web site development costs, and related assets. This charge increased our overall tax benefit by approximately $5.5 million and, as a result, the company expects to receive tax refunds and benefits of approximately $12 million early next year.

Interest and other income decreased to $0.4 million for the third quarter of 2008 compared to $1.0 million during the third quarter last year, primarily reflecting the decline in average interest rates received on Gaiam's cash investments and recent repurchase of 1.3 million shares of Gaiam common stock.

Net loss for the third quarter, including the above charge representing $0.36 per share, was $10.1 million, or $0.42 per share. Comparable earnings for the third quarter of 2007 were $2.9 million, or $0.12 per share.

For the nine months ended September 30, 2008, Gaiam recorded net revenue of $182.7 million, a 0.8% increase from $181.1 million in the comparable period a year ago. Including the third quarter charge of $13.9 million or $0.36 per share, the Company recorded a net loss of $5.3 million, or $0.22 per share, compared to net income of $4.3 million, or $0.17 per share, for the nine months ended September 30, 2007.

In October 2008, Gaiam's solar energy subsidiary, Real Goods Solar, Inc, acquired, through a merger, Regrid Power, Inc., a northern California solar energy integrator for $3.8 million in cash, and approximately 2 million shares of Real Goods Solar's common stock. Regrid Power's revenue for the last 12 months was approximately $15 million. Following this merger, Gaiam owns approximately 56% of Real Goods Solar's outstanding shares and 79% of Real Goods Solar's voting power.

"Our financial results for the third quarter reflect the slowdown at retail and the effects of cautious consumer spending, especially during the month of September," commented Lynn Powers, Gaiam's President. "During the quarter, we continued to strengthen our market position and increase shelf space through expansion of our category management strategy and store within a store initiative. We currently have over 9,000 store-within-store doors up from 7,500 announced at the end of second quarter and expect to hit our goal of 10,000 by the end of January 2009. We are also exploring licensing opportunities that will expand our core demographic and continue to diversify our portfolio of respected brands."

"We continue to evaluate opportunities, which the current macroeconomic environment can yield for debt free companies with solid balance sheets and good cash flow," said Jirka Rysavy, Gaiam CEO. "With $50 million of cash, an upcoming tax refund, no debt and a current ratio over five, we have the ability to weather a prolonged downturn in the economy and accelerate the implementation of our strategic plan."

A replay of the call will begin approximately one hour after the end of the call and will continue until 5:00 p.m. EST on November 11, 2008.

Replay number: 800-839-9317

For more information about Gaiam, please visit http://www.gaiam.com/, or call 1-800-869-3603.

This press release includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as "expect," "intend," "believe," "will," "should" or comparable terminology or by discussions of strategy. While Gaiam believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, introduction of new products and services, completion and integration of acquisitions, the possibility of negative economic conditions, and other risks and uncertainties included in Gaiam's filings with the Securities and Exchange Commission. Gaiam assumes no duty to update any forward-looking statements.

Contact: John Mills Senior Managing Director ICR, Inc. 310-954-1105 jmills@icrinc.com GAIAM, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In thousands, except per share data) Three months ended Three months ended September 30, 2008 September 30, 2007 Net revenue $60,285 100.0% $70,318 100.0% Cost of goods sold 26,440 43.9% 24,174 34.4% Gross profit 33,845 56.1% 46,144 65.6% Selling and operating 34,049 56.5% 38,634 55.0% Corporate, general and administration 3,126 5.2% 3,314 4.7% Other expenses, net 13,947 23.1% ---- 0.0% Earnings (loss) from operations (17,277) -28.7% 4,196 5.9% Interest and other income 355 0.6% 1,028 1.5% Earnings (loss) before income taxes (16,922) -28.1% 5,224 7.4% Income tax expense (benefit) (6,922) -11.5% 2,060 2.9% Minority interest in net income of consolidated subsidiaries (115) -0.2% (246) -0.4% Net income (loss) $(10,115) -16.8% $2,918 4.1% Shares outstanding: Basic 24,020 24,705 Diluted 24,020 24,970 Income (loss) per share: Basic $(0.42) $0.12 Diluted $(0.42) $0.12 GAIAM, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In thousands, except per share data) Nine months ended Nine months ended September 30, 2008 September 30, 2007 Net revenue $182,675 100.0% $181,137 100.0% Cost of goods sold 71,699 39.2% 63,886 35.3% Gross profit 110,976 60.8% 117,251 64.7% Selling and operating 102,686 56.2% 103,533 57.2% Corporate, general and administration 9,601 5.3% 9,824 5.4% Other expenses, net 40,655 22.2% ---- 0.0% Earnings (loss) from operations (41,966) -22.9% 3,894 2.1% Interest and other income 32,363 17.7% 3,375 1.9% Earnings (loss) before income taxes (9,603) -5.2% 7,269 4.0% Income tax expense (benefit) (4,031) -2.2% 2,868 1.6% Minority interest in net (income) loss of consolidated subsidiaries 251 0.1% (77) 0.0% Net income (loss) $(5,321) -2.9% $4,324 2.4% Shares outstanding: Basic 24,611 25,000 Diluted 24,611 25,222 Income (loss) per share: Basic $(0.22) $0.17 Diluted $(0.22) $0.17 GAIAM, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share information) September 30, December 31, 2008 2007 (Unaudited) Assets Current assets: Cash and cash equivalents $50,317 $66,258 Accounts receivable, net 26,641 30,157 Inventory, net 32,950 29,839 Deferred advertising costs 3,475 3,602 Deferred tax assets 12,837 6,005 Other current assets 7,223 5,205 Total current assets 133,443 141,066 Property and equipment, net 25,635 9,509 Media library, net 12,086 37,566 Deferred tax assets, net 978 4,057 Goodwill and other intangibles, net 52,197 44,410 Notes receivable and other assets 3,401 4,104 Total assets $227,740 $240,712 Liabilities and shareholders' equity Current liabilities: Accounts payable $18,645 $23,620 Accrued liabilities 5,999 10,631 Total current liabilities 24,644 34,251 Minority interest 19,432 6,073 Commitments and contingencies Shareholders' equity: Class A common stock, $.0001 par value, 150,000,000 shares authorized, 18,625,855 and 19,553,631 shares issued and outstanding at September 30, 2008 and December 31, 2007, respectively 2 2 Class B common stock, $.0001 par value, 50,000,000 shares authorized, 5,400,000 issued and outstanding at September 30, 2008 and December 31, 2007 1 1 Additional paid-in capital 163,541 174,046 Accumulated other comprehensive income 93 991 Retained earnings 20,027 25,348 Total shareholders' equity 183,664 200,388 Total liabilities and shareholders' equity $227,740 $240,712

Gaiam, Inc.

CONTACT: John Mills, Senior Managing Director of ICR, Inc.,
+1-310-954-1105, jmills@icrinc.com, for Gaiam, Inc.

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

Qualcomm Announces Fourth Quarter and Fiscal 2008 ResultsFiscal 2008 Revenues $11.1 Billion, EPS $1.90Pro Forma EPS $2.25

SAN DIEGO, Nov. 6 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies and data solutions, today announced results for the fourth fiscal quarter and year ended September 28, 2008.

For comparison purposes, we note the following unique items: -- The fourth quarter of fiscal 2008 results for total Qualcomm (GAAP) and Qualcomm pro forma included $560 million in revenues, or $0.20 diluted earnings per share (EPS), as a result of the execution of new license and settlement agreements with Nokia Corporation/Nokia Inc. (Nokia). The fourth quarter of fiscal 2007 results for GAAP and pro forma did not include royalty revenues from Nokia for sales of Nokia products subsequent to April 9, 2007. -- The fourth quarter of fiscal 2008 results included $327 million in other-than-temporary impairments of marketable securities, or $0.15 negative GAAP impact and $0.14 negative pro forma impact on diluted EPS, related to the impact of the recent disruption in the financial markets on our marketable securities portfolio. -- The fourth quarter of fiscal 2007 included a $331 million tax benefit, or $0.20 in GAAP diluted EPS, as a result of completing audits of prior years' tax returns. Total Qualcomm (GAAP) Results

Total Qualcomm results are reported in accordance with generally accepted accounting principles (GAAP).

Fourth Quarter -- Revenues: $3.33 billion, up 45 percent year-over-year and 21 percent sequentially. -- Net income: $878 million, down 22 percent year-over-year and up 17 percent sequentially. -- Diluted earnings per share: $0.52, down 22 percent year-over-year and up 16 percent sequentially. -- Effective tax rate: 21 percent. -- Estimated share-based compensation: $98 million, net of tax, up 26 percent year-over-year and 4 percent sequentially. -- Operating cash flow: $990 million, down 5 percent year-over-year; 30 percent of revenues. -- Return of capital to stockholders: $266 million cash dividends in the fourth quarter, or $0.16 per share. Fiscal 2008 -- Revenues: $11.14 billion, up 26 percent year-over-year. -- Net income: $3.16 billion, down 4 percent year-over-year. -- Diluted earnings per share: $1.90, down 3 percent year-over-year. -- Effective tax rate: 17 percent. -- Estimated share-based compensation: $367 million, net of tax, up 13 percent year-over-year. -- Operating cash flow: $3.56 billion, down 7 percent year-over-year; 32 percent of revenues. -- Return of capital to stockholders: $2.65 billion, including $982 million of cash dividends, or $0.60 per share, and $1.67 billion to repurchase 43 million shares of our common stock. Qualcomm Pro Forma Results

Pro forma results exclude the Qualcomm Strategic Initiatives (QSI) segment, certain estimated share-based compensation, certain tax items related to prior years and acquired in-process research and development (R&D) expense.

Fourth Quarter -- Revenues: $3.33 billion, up 44 percent year-over-year and 21 percent sequentially. -- Net income: $1.06 billion, up 16 percent year-over-year and sequentially. -- Diluted earnings per share: $0.63, up 17 percent year-over-year and 15 percent sequentially; excludes $0.05 loss per share attributable to the QSI segment and $0.06 loss per share attributable to certain estimated share-based compensation. -- Effective tax rate: 22 percent. -- Free cash flow: $796 million, down 13 percent year-over-year; 24 percent of revenues (defined as net cash from operating activities less capital expenditures). Fiscal 2008 -- Revenues: $11.13 billion, up 25 percent year-over-year. -- Net income: $3.74 billion, up 10 percent year-over-year. -- Diluted earnings per share: $2.25, up 12 percent year-over-year; excludes $0.12 loss per share attributable to the QSI segment, $0.22 loss per share attributable to certain estimated share-based compensation and $0.01 loss per share attributable to acquired in- process R&D. -- Effective tax rate: 20 percent. -- Free cash flow: $3.52 billion, even year-over-year; 32 percent of revenues.

Detailed reconciliations between total Qualcomm (GAAP) results and cash flow and Qualcomm pro forma results and cash flow are included at the end of this news release. Prior period reconciliations are presented on Qualcomm's Investor Relations web page at http://www.qualcomm.com/.

"I am very pleased with the performance of our businesses this past year, particularly the strong execution of our chipset business and our successful settlement with Nokia. While we continue to see strong growth in 3G CDMA, the current macroeconomic conditions and potential for further economic slowdown creates an uncertain business environment for the next few quarters," said Dr. Paul E. Jacobs, chief executive officer of Qualcomm. "As a result of the credit crisis and the economic uncertainty, our guidance reflects slower end- market device growth for 2009 than previously anticipated and a significant contraction in channel inventory in the first and second fiscal quarters. While we are estimating strong growth for CDMA-based devices in calendar year 2009, driven by a shift to emerging markets, this growth is meaningfully less than we would have forecast just a few weeks ago."

"Although the full impact of the current economic environment is impossible to predict, our balance sheet remains strong and our business operations continue to generate strong cash flow. Our investments in innovative research and development programs, such as Snapdragon(TM), Gobi(TM), mobile TV, mobile commerce and next-generation technologies continue to grow our industry-leading product and intellectual property portfolio and open up exciting new markets for future growth. We are well positioned to navigate through these uncertain times and will continue to focus on our long- term strategic objectives."

Cash and Marketable Securities

Our cash, cash equivalents and marketable securities totaled approximately $11.3 billion at the end of the fourth quarter of fiscal 2008, compared to $11.2 billion at the end of the third quarter of fiscal 2008 and $11.8 billion a year ago. In October 2008, we received a non-refundable payment of $2.5 billion related to new license and settlement agreements with Nokia. On October 22, 2008, we announced a cash dividend of $0.16 per share payable on January 7, 2009 to stockholders of record at the close of business on December 11, 2008.

There has been a major disruption in U.S. and foreign credit and financial markets that has depressed securities values, and our investments in marketable securities have been impacted. As a result, during the quarter ended September 28, 2008, we recorded other-than-temporary impairments on marketable securities of $327 million, which is approximately 3 percent of the recorded value of our cash, cash equivalents and marketable securities balance at September 28, 2008. In addition, at September 28, 2008 and October 31, 2008, we had net unrealized losses on marketable securities of $347 million and $1.26 billion, respectively.

Research and Development Qualcomm Estimated Total Pro Share-Based Qualcomm ($ in millions) Forma Compensation QSI (GAAP) Fourth quarter fiscal 2008 $528 $69 $24 $621 As a % of revenues 16% N/M 19% Fourth quarter fiscal 2007 $410 $55 $16 $481 As a % of revenues 18% N/M 21% Year-over-year change ($) 29% 25% 50% 29%

Pro forma R&D expenses increased 29 percent year-over-year, primarily due to an increase in costs related to the development of integrated circuit products, next-generation CDMA and OFDMA technologies, the expansion of our intellectual property portfolio and other initiatives to support the acceleration of advanced wireless products and services, including lower-cost devices, the integration of wireless technologies with consumer electronics and computing, the convergence of multiband, multimode, multinetwork products and technologies, third-party operating systems and services platforms. QSI R&D expenses were related to MediaFLO USA.

Selling, General and Administrative Qualcomm Estimated Total Pro Share-Based Qualcomm ($ in millions) Forma Compensation QSI (GAAP) Fourth quarter fiscal 2008 $346 $67 $43 $456 As a % of revenues 10% N/M 14% Fourth quarter fiscal 2007 $248 $53 $22 $323 As a % of revenues 11% N/M 14% Year-over-year change ($) 40% 26% 95% 41%

Pro forma selling, general and administrative (SG&A) expenses increased 40 percent year-over-year, primarily attributable to an increase in employee- related expenses in the fourth quarter of fiscal 2008 combined with the impact of a gain on the sale of a building in the fourth quarter of fiscal 2007. QSI SG&A expenses were primarily related to MediaFLO USA.

Effective Income Tax Rate

Our fiscal 2008 effective income tax rate for total Qualcomm (GAAP) was 17 percent compared with our prior estimate of 16 percent. Our fiscal 2008 pro forma effective tax rate was 20 percent compared with our prior estimate of 19 percent. The fiscal 2008 total Qualcomm (GAAP) and pro forma effective tax rates are higher than our prior estimates primarily due to increased income taxed at the United States federal rate.

Qualcomm Strategic Initiatives

The QSI segment is composed of our strategic investments, including our MediaFLO USA subsidiary. Total Qualcomm (GAAP) results for the fourth quarter of fiscal 2008 included a $0.05 loss per share for the QSI segment. The fourth quarter of fiscal 2008 QSI results included $102 million in operating expenses, primarily related to MediaFLO USA.

Business Outlook

The following statements are forward looking and actual results may differ materially. The "Note Regarding Forward-Looking Statements" at the end of this news release provides a description of certain risks that we face, and our annual and quarterly reports on file with the Securities and Exchange Commission (SEC) provide a more complete description of risks.

The recent financial disruption affecting the banking system and financial markets has resulted in extreme volatility in fixed income, credit and equity markets. The resulting credit crisis has depressed global economic conditions which have the potential to adversely affect our operating results by lowering consumer demand for CDMA-based devices.

In addition, the financial disruption has, and may continue to have, an impact on the value of our marketable securities portfolio and net investment income. Given unprecedented daily market volatility and the significant judgments involved, accurately forecasting other-than-temporary impairments associated with our marketable securities portfolio is extremely difficult and actual results could vary materially. While we do not forecast impairments, our net unrealized losses on marketable securities have increased to $1.26 billion at October 31, 2008, and portions of that amount could be impaired in future periods if market conditions do not improve.

Our outlook does not include provisions for the consequences of injunctions or significant possible damages related to litigation matters, unless damages or injunctions have been awarded by a court. In addition, due to their nature, certain income and expense items, such as realized investment gains or losses, gains and losses on certain derivative instruments or asset impairments, cannot be accurately forecast. Accordingly, we exclude forecasts of such items from our business outlook, and actual results may vary materially from the business outlook if we incur any such income or expense items.

We entered into new license and settlement agreements with Nokia that cover GSM/GPRS/EDGE, CDMA2000, WCDMA (including HSPA), TD-SCDMA, OFDMA (including LTE, UMB and WiMAX) and other products and resolve all pending litigation between the parties. During the fourth quarter of fiscal 2008, we recognized $560 million (attributable to both fiscal 2008 and 2007) in licensing and royalty revenues as a result of the execution of the agreements. Consideration provided to us under the new license agreement with Nokia included, among other things, a non-refundable up-front payment of $2.5 billion, ongoing royalties and the assignment of patents that we recorded in intangible assets in the amount of $1.8 billion. At September 28, 2008, unearned revenues included $3.9 billion related to upfront consideration that resulted from the execution of the new agreements that will be recognized over the remaining term of the license agreement of approximately 14 years. Beginning on the date the patents were assigned in October 2008, the intangible assets will be amortized on a straight-line basis over their estimated useful life of approximately 15 years.

The following table summarizes total Qualcomm (GAAP) and Qualcomm pro forma guidance for the first fiscal quarter and fiscal 2009 based on the current business outlook. The pro forma business outlook provided below is presented consistent with the presentation of pro forma results elsewhere herein.

The following estimates are approximations and are based on the current business outlook:

Business Outlook Summary FIRST FISCAL QUARTER Q1'08 Current Guidance Results (2) Q1'09 Estimates (3) Qualcomm Pro Forma Revenues $2.44B $2.3B - $2.5B Year-over-year change decrease 6% - increase 3% Diluted earnings per share (EPS) $0.52 $0.46 - $0.50 Year-over-year change decrease 4% - 12% Total Qualcomm (GAAP) Revenues $2.44B $2.3B - $2.5B Year-over-year change decrease 6% - increase 2% Diluted earnings per share (EPS) $0.46 $0.35 - $0.39 Year-over-year change decrease 15% - 24% Diluted EPS attributable to QSI ($0.01) ($0.04) Diluted EPS attributable to estimated share-based compensation ($0.05) ($0.07) Metrics MSM shipments approx. 79M approx. 60M - 65M CDMA/WCDMA devices shipped (1) approx. 95M* approx. 121M - 126M* CDMA/WCDMA device wholesale average selling price(1) approx. $211* approx. $205* * Shipments in September quarter, reported in December quarter FISCAL YEAR FY 2008 Current Guidance Results FY 2009 Estimates (3) Qualcomm Pro Forma Revenues $11.13B $10.2B - $10.8B Year-over-year change decrease 3% - 8% Diluted earnings per share (EPS) $2.25 $2.00 - $2.10 Year-over-year change decrease 7% - 11% Total Qualcomm (GAAP) Revenues $11.14B $10.2B - $10.8B Year-over-year change decrease 3% - 8% Diluted earnings per share (EPS) $1.90 $1.61 - $1.71 Year-over-year change decrease 10% - 15% Diluted EPS attributable to QSI ($0.12) ($0.14) Diluted EPS attributable to estimated share-based compensation ($0.22) ($0.25) Diluted EPS attributable to in-process R&D ($0.01) n/a Metrics Fiscal year* CDMA/WCDMA device wholesale average selling price(1) approx. $219 approx. $195 * Shipments in Sept. to June quarters, reported in Dec. to Sept. quarters CALENDAR YEAR Device Estimates (1) Prior Current Current Guidance Guidance Guidance Calendar Calendar Calendar CDMA/WCDMA device 2008 2008 2009 shipments Estimates Estimates Estimates March quarter approx. 107M approx. 107M not provided June quarter approx. 114M - 118M approx. 119M not provided September quarter not provided approx. 121M - 126M not provided December quarter not provided not provided not provided Calendar year range (approx.) 488M - 518M 475M - 485M 580M - 620M Midpoint Midpoint Midpoint CDMA/WCDMA units approx. 503M approx. 480M approx. 600M CDMA units approx. 229M approx. 213M approx. 230M WCDMA units approx. 274M approx. 267M approx. 370M (1) CDMA/WCDMA device shipments and average selling prices are for estimated worldwide device shipments, including shipments not reported to Qualcomm. (2) Our Q1'08 results do not include royalty revenues attributable to Nokia's sales after April 9, 2007. (3) While we do not forecast impairments, our net unrealized losses on marketable securities have increased to $1.26 billion at October 31, 2008, and portions of that amount could be impaired in future periods if market conditions do not improve. Sums may not equal totals due to rounding. Results of Business Segments (in millions, except per share data): Fourth Quarter - Fiscal Year 2008 Reconciling Segments QCT QTL QWI Items (1) Revenues $1,761 $1,374 $190 $4 Change from prior year 24% 112% (22%) N/M Change from prior quarter 0% 71% 0% N/M EBT $449 $1,247 $(24) $(315) Change from prior year 6% 132% (177%) N/M Change from prior quarter (8%) 86% N/M N/M EBT as a % of revenues 25% 91% (13%) N/M Net income (loss) Change from prior year Change from prior quarter Diluted EPS Change from prior year Change from prior quarter Diluted shares used Estimated Total Qualcomm Share-Based Qualcomm Segments Pro Forma Compensation(2) QSI(4) (GAAP) Revenues $3,329 $- $5 $3,334 Change from prior year 44% 400% 45% Change from prior quarter 21% 25% 21% EBT $1,357 $(146) $(104) $1,107 Change from prior year 20% (25%) (63%) 17% Change from prior quarter 22% (5%) (27%) 26% EBT as a % of revenues 41% N/M N/M 33% Net income (loss) $1,058 $(98) $(82) $878 Change from prior year 16% (27%) (141%) (22%) Change from prior quarter 16% (4%) (37%) 17% Diluted EPS $0.63 $(0.06) $(0.05) $0.52 Change from prior year 17% (20%) (150%) (22%) Change from prior quarter 15% 0% (25%) 16% Diluted shares used 1,678 1,678 1,678 1,678 Third Quarter - Fiscal Year 2008 Reconciling Segments QCT QTL QWI Items (1) Revenues $1,762 $803 $190 $3 EBT 487 670 (1) (40) Net income (loss) Diluted EPS Diluted shares used Estimated Total Qualcomm Share-Based In-Process Qualcomm Segments Pro Forma Compensation(2) R&D QSI(4) (GAAP) Revenues $2,758 $- $- $4 $2,762 EBT 1,116 (139) (13) (82) 882 Net income (loss) 915 (94) (13) (60) 748 Diluted EPS $0.55 $(0.06) $(0.01) $(0.04) $0.45 Diluted shares used 1,654 1,654 1,654 1,654 1,654 Fourth Quarter - Fiscal Year 2007 Reconciling Segments QCT QTL QWI Items (1) Revenues $1,419 $647 $245 $(6) EBT 424 537 31 137 Net income (loss) Diluted EPS Diluted shares used Estimated Total Qualcomm Share-Based Tax Items Qualcomm Segments Pro Forma Compensation(2) (3) QSI(4) (GAAP) Revenues $2,305 $- $- $1 $2,306 EBT 1,129 (117) - (64) 948 Net income (loss) 911 (77) 331 (34) 1,131 Diluted EPS $0.54 $(0.05) $0.20 $(0.02) $0.67 Diluted shares used 1,689 1,689 1,689 1,689 1,689 First Quarter - Fiscal Year 2008 Reconciling Segments QCT QTL QWI Items (1) Revenues $1,574 $650 $210 $5 EBT 470 541 24 76 Net income (loss) Diluted EPS Diluted shares used Estimated Total Qualcomm Share-Based In-Process Qualcomm Segments Pro Forma Compensation(2) R&D QSI(4) (GAAP) Revenues $2,439 $- $- $1 $2,440 EBT 1,111 (124) (2) (55) 930 Net income (loss) 872 (84) (1) (20) 767 Diluted EPS $0.52 $(0.05) $- $(0.01) $0.46 Diluted shares used 1,664 1,664 1,664 1,664 1,664 Twelve Months - Fiscal Year 2008 Reconciling Segments QCT QTL QWI Items (1) Revenues $6,717 $3,622 $785 $6 Change from prior year 27% 31% (5%) N/M EBT $1,833 $3,142 $(1) $(290) Change from prior year 18% 34% (101%) N/M EBT as a % of revenues 27% 87% 0% N/M Net income (loss) Change from prior year Diluted EPS Change from prior year Diluted shares used Estimated Total Qualcomm Share-Based In-Process Qualcomm Segments Pro Forma Compensation(2) R&D QSI (GAAP) Revenues $11,130 $- $- $12 $11,142 Change from prior year 25% N/M 26% EBT $4,684 $(540) $(14) $(304) $3,826 Change from prior year 7% (11%) (40%) (27%) 6% EBT as a % of revenues 42% N/M N/M N/M 34% Net income (loss) $3,740 $(365) $(13) $(202) $3,160 Change from prior year 10% (14%) (44%) (47%) (4%) Diluted EPS $2.25 $(0.22) $(0.01) $(0.12) $1.90 Change from prior year 12% (16%) 0% (50%) (3%) Diluted shares used 1,660 1,660 1,660 1,660 1,660 Twelve Months - Fiscal Year 2007 Reconciling Segments QCT QTL QWI Items (1) Revenues $5,275 $2,772 $828 $(5) EBT 1,547 2,340 88 388 Net income (loss) Diluted EPS Diluted shares used Estimated Share- Qualcomm Based Tax In- Total Pro Compen- Items Process Qualcomm Segments Forma sation(2) (3) R&D QSI (GAAP) Revenues $8,870 $- $- $- $1 $8,871 EBT 4,363 (487) - (10) (240) 3,626 Net income (loss) 3,406 (321) 364 (9) (137) 3,303 Diluted EPS $2.01 $(0.19) $0.22 $(0.01) $(0.08) $1.95 Diluted shares used 1,693 1,693 1,693 1,693 1,693 1,693 (1) Reconciling items related to revenues consist primarily of other nonreportable segment revenues less intersegment eliminations. Reconciling items related to earnings before taxes consist primarily of certain investment income, research and development expenses and marketing expenses that are not allocated to the segments for management reporting purposes, nonreportable segment results and the elimination of intersegment profit. (2) Certain share-based compensation is included in operating expenses as part of employee-related costs but is not allocated to the Company's segments as such costs are not considered relevant by management in evaluating segment performance. (3) During the fourth quarter of fiscal 2007, the Company recorded a $331 million tax benefit, or $0.20 diluted earnings per share, related to tax expense recorded in prior years resulting from the completion of tax audits during the fourth fiscal quarter. The fiscal 2007 Qualcomm pro forma results excluded this tax benefit attributable to prior years. (4) At fiscal year-end, the sum of the quarterly tax provisions for each column, including QSI, equals the annual tax provisions for each column computed in accordance with GAAP. In interim quarters, the tax provision for the QSI operating segment is computed by subtracting the tax provision for Qualcomm pro forma, the tax items column and the tax provisions related to estimated share-based compensation and in-process R&D from the tax provision for total Qualcomm (GAAP). N/M - Not Meaningful Sums may not equal totals due to rounding. Conference Call

Qualcomm's fourth quarter fiscal 2008 earnings conference call will be broadcast live on November 6, 2008 beginning at 1:45 p.m. Pacific Standard Time (PST) on the Company's web site at: http://www.qualcomm.com/. This conference call may contain forward-looking financial information. The conference call will include a discussion of "non-GAAP financial measures" as that term is defined in Regulation G. The most directly comparable GAAP financial measures and information reconciling these non-GAAP financial measures to the Company's financial results prepared in accordance with GAAP, as well as the other material financial and statistical information to be discussed in the conference call, will be posted on the Company's Investor Relations web site at http://www.qualcomm.com/ immediately prior to commencement of the call. A taped audio replay will be available via telephone on November 6, 2008, beginning at approximately 5:30 p.m. PST through December 6, 2008 at 9:00 p.m. PST. To listen to the replay, U.S. callers may dial (800) 642-1687 and international callers may dial (706) 645-9291. U.S. and international callers should use reservation number 67351049. An audio replay of the conference call will be available on the Company's web site at http://www.qualcomm.com/ for two weeks following the live call.

Editor's Note: To view the web slides that accompany this earnings release and conference call, please go to the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm.

Qualcomm Incorporated is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500(R) company. For more information, please visit http://www.qualcomm.com/.

Note Regarding Use of Non-GAAP Financial Measures

The Company presents pro forma financial information that is used by management (i) to evaluate, assess and benchmark the Company's operating results on a consistent and comparable basis, (ii) to measure the performance and efficiency of the Company's ongoing core operating businesses, including the Qualcomm CDMA Technologies, Qualcomm Technology Licensing and Qualcomm Wireless & Internet segments and (iii) to compare the performance and efficiency of these segments against each other and against competitors outside the Company. Pro forma measurements of the following financial data are used by the Company's management: revenues, R&D expenses, SG&A expenses, total operating expenses, operating income, net investment income, income before income taxes, effective tax rate, net income, diluted earnings per share, operating cash flow and free cash flow. Management is able to assess what it believes is a more meaningful and comparable set of financial performance measures for the Company and its business segments by using pro forma information. As a result, management compensation decisions and the review of executive compensation by the Compensation Committee of the Board of Directors focus primarily on pro forma financial measures applicable to the Company and its business segments.

Pro forma information used by management excludes the QSI segment, certain estimated share-based compensation, certain tax items related to prior years and acquired in-process R&D. The QSI segment is excluded because the Company expects to exit its strategic investments at various times, and the effects of fluctuations in the value of such investments are viewed by management as unrelated to the Company's operational performance. Estimated share-based compensation, other than amounts related to share-based awards granted under a bonus program that may result in the issuance of unrestricted shares of the Company's common stock, is excluded because management views such share-based compensation as unrelated to the Company's operational performance. Moreover, it is generally not an expense that requires or will require cash payment by the Company. Further, share-based compensation related to options is affected by factors that are subject to change, including the Company's stock price, stock market volatility, expected option life, risk-free interest rates and expected dividend payouts in future years. Certain tax items related to prior years are excluded in order to provide a clearer understanding of the Company's ongoing tax rate and after tax earnings. Acquired in-process R&D is excluded because such expense is viewed by management as unrelated to the operating activities of the Company's ongoing core businesses.

The Company presents free cash flow, defined as net cash provided by operating activities less capital expenditures, to facilitate an understanding of the amount of cash flow generated that is available to grow its business and to create long-term shareholder value. The Company believes that this presentation is useful in evaluating its operating performance and financial strength. In addition, management uses this measure to evaluate the Company's performance, to value the Company and to compare its operating performance with other companies in the industry.

The non-GAAP pro forma financial information presented herein should be considered in addition to, not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. In addition, "pro forma" is not a term defined by GAAP, and, as a result, the Company's measure of pro forma results might be different than similarly titled measures used by other companies. Reconciliations between total Qualcomm (GAAP) results and Qualcomm pro forma results and between total Qualcomm (GAAP) cash flow and Qualcomm pro forma cash flow are presented herein.

Note Regarding Forward-Looking Statements

In addition to the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties. Actual results may differ substantially from those referred to herein due to a number of factors, including but not limited to risks associated with: the rate of deployment of our technologies in wireless networks and of 3G wireless communications, equipment and services, including CDMA2000 1X, 1xEV-DO, WCDMA, HSPA and OFDMA both domestically and internationally; the current uncertainty of global economic conditions and its potential impact on demand for our products and our marketable securities portfolio; attacks on our business model, including results of current and future litigation and arbitration proceedings, as well as actions of governmental or quasi-governmental bodies, and the costs we incur in connection therewith, including potentially damaged relationships with customers and operators who may be impacted by the results of these proceedings; fluctuations in the demand for products, services or applications based on our technologies; our dependence on major customers and licensees; foreign currency fluctuations; strategic loans, investments and transactions we have or may pursue; our dependence on third-party manufacturers and suppliers; our ability to maintain and improve operational efficiencies and profitability; the development, deployment and commercial acceptance of the MediaFLO USA network and FLO(TM) technology; as well as the other risks detailed from time-to-time in our SEC reports.

Qualcomm is a registered trademark of Qualcomm Incorporated. Snapdragon, Gobi and FLO are trademarks of Qualcomm Incorporated. CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA USA). All other trademarks are the property of their respective owners.

Qualcomm Contact: John Gilbert Phone: 1-858-658-4813 e-mail: ir@qualcomm.com Qualcomm Incorporated CONSOLIDATED STATEMENTS OF OPERATIONS This schedule is to assist the reader in reconciling from Qualcomm Pro Forma results to Total Qualcomm (GAAP) results (In millions, except per share data) (Unaudited) Three Months Ended September 28, 2008 Estimated Total Qualcomm Share-Based Qualcomm Pro Forma Compensation QSI (GAAP) Revenues: Equipment and services $1,861 $- $5 $1,866 Licensing and royalty fees 1,468 - - 1,468 Total revenues 3,329 - 5 3,334 Operating expenses: Cost of equipment and services revenues 877 10 35 922 Research and development 528 69 24 621 Selling, general and administrative 346 67 43 456 Total operating expenses 1,751 146 102 1,999 Operating income (loss) 1,578 (146) (97) 1,335 Investment loss, net (221)(a) - (7)(b) (228) Income (loss) before income taxes 1,357 (146) (104) 1,107 Income tax (expense) benefit (299)(c) 48 22 (d) (229)(c) Net income (loss) $1,058 $(98) $(82) $878 Earnings (loss) per common share: Diluted $0.63 $(0.06) $(0.05) $0.52 Shares used in per share calculations: Diluted 1,678 1,678 1,678 1,678 Supplemental Financial Data: Operating Cash Flow $1,153 $(98)(f) $(65) $990 Operating Cash Flow as a % of Revenues 35% N/M 30% Free Cash Flow (e) $796 $(98)(f) $(122) $576 Free Cash Flow as a % of Revenues 24% N/M 17% (a) Included $327 million in other-than-temporary losses on investments, which were not part of the Company's strategic investment portfolio, $4 million in net realized losses on investments and $2 million in interest expense, partially offset by $112 million in interest and dividend income related to cash, cash equivalents and marketable securities. (b) Included $5 million in other-than-temporary losses on investments, $2 million in interest expense and $1 million in equity in losses of investees, partially offset by $1 million in net realized gains on investments (c) The fourth quarter of fiscal 2008 effective tax rates were approximately 21% for total Qualcomm (GAAP) and approximately 22% for Qualcomm pro forma. (d) At fiscal year-end, the sum of the quarterly tax provisions for each column, including QSI, equals the annual tax provisions for each column computed in accordance with GAAP. In interim quarters, the tax provision for the QSI operating segment is computed by subtracting the tax provision for Qualcomm pro forma, the tax items column and the tax provisions related to estimated share-based compensation and in-process R&D from the tax provision for total Qualcomm (GAAP). (e) Free Cash Flow is calculated as net cash provided by operating activities less capital expenditures. Reconciliation of these amounts is included in the Reconciliation of Pro Forma Free Cash Flows to Total Qualcomm (GAAP) net cash provided by operating activities and other supplemental disclosures for the three months ended September 28, 2008, included herein. (f) Incremental tax benefits from stock options exercised during the period. Qualcomm Incorporated CONSOLIDATED STATEMENTS OF OPERATIONS This schedule is to assist the reader in reconciling from Qualcomm Pro Forma results to Total Qualcomm (GAAP) results (In millions, except per share data) (Unaudited) Twelve Months Ended September 28, 2008 Estimated Total Qualcomm Share-Based In-Process Qualcomm Pro Forma Compensation(a) R&D QSI (GAAP) Revenues: Equipment and services $7,148 $- $- $12 $7,160 Licensing and royalty fees 3,982 - - - 3,982 Total revenues 11,130 - - 12 11,142 Operating expenses: Cost of equipment and services revenues 3,255 39 - 120 3,414 Research and development 1,926 250 14 91 2,281 Selling, general and adminis- trative 1,345 251 - 121 1,717 Total operating expenses 6,526 540 14 332 7,412 Operating income (loss) 4,604 (540) (14) (320) 3,730 Investment income, net 80(b) - - 16(c) 96 Income (loss) before income taxes 4,684 (540) (14) (304) 3,826 Income tax (expense) benefit (944)(d) 175 1 102 (666)(d) Net income (loss) $3,740 $(365) $(13) $(202) $3,160 Earnings (loss) per common share: Diluted $2.25 $(0.22) $(0.01) $(0.12) $1.90 Shares used in per share calculations: Diluted 1,660 1,660 1,660 1,660 1,660 Supplemental Financial Data: Operating Cash Flow $4,243 $(408)(f) $(14) $(263) $3,558 Operating Cash Flow as a % of Revenue 38% N/M 32% Free Cash Flow(e) $3,518 $(408)(f) $(14) $(935) $2,161 Free Cash Flow as a % of Revenue 32% N/M 19% (a) Estimated share-based compensation presented above and excluded from pro forma results did not include $2 million, net of tax, related to share-based awards granted under a bonus program. (b) Included $487 million in interest and dividend income related to cash, cash equivalents and marketable securities, which were not part of the Company's strategic investment portfolio, $104 million in net realized gains on investments and $6 million in gains on derivative instruments from put options related to our share repurchase program, partially offset by $502 million in other-than-temporary losses on investments and $15 million in interest expense. (c) Included $51 million in net realized gains on investments, $4 million in interest and dividend income and $1 million in equity in earnings of investees, partially offset by $33 million in other-than-temporary losses on investments and $7 million in interest expense. (d) The effective tax rates for the twelve months ended September 28, 2008 were approximately 17% for total Qualcomm (GAAP) and approximately 20% for Qualcomm pro forma. (e) Free Cash Flow is calculated as net cash provided by operating activities less capital expenditures. Reconciliation of these amounts is included in the Reconciliation of Pro Forma Free Cash Flows to Total Qualcomm (GAAP) net cash provided by operating activities and other supplemental disclosures for the twelve months ended September 28, 2008, included herein. (f) Incremental tax benefits from stock options exercised during the period. Qualcomm Incorporated Reconciliation of Pro Forma Free Cash Flows to Total Qualcomm (GAAP) net cash provided by operating activities and other supplemental disclosures (In millions) (Unaudited) Three Months Ended September 28, 2008 Estimated Total Qualcomm Share-Based Qualcomm Pro Forma Compensation QSI (GAAP) Net cash provided (used) by operating activities $1,153 $(98)(a) $(65) $990 Less: capital expenditures (357) - (57) (414) Free cash flow $796 $(98) $(122) $576 Other supplemental cash disclosures: Cash transfers from QSI (1) $2 $- $(2) $- Cash transfers to QSI (2) (128) - 128 - Net cash transfers $(126) $- $126 $- Twelve Months Ended September 28, 2008 Estimated Total Qualcomm Share-Based In-Process Qualcomm Pro Forma Compensation R&D QSI (GAAP) Net cash provided (used) by operating activities $4,243 $(408)(a) $(14) $(263) $3,558 Less: capital expenditures (725) - - (672) (1,397) Free cash flow $3,518 $(408) $(14) $(935) $2,161 Other supplemental cash disclosures: Cash transfers from QSI(1) $61 $- $- $(61) $- Cash transfers to QSI(2) (970) - - 970 - Net cash transfers $(909) $- $- $909 $- (1) Cash from sale of strategic debt and equity investments. (2) Funding for strategic debt and equity investments, capital expenditures and other QSI operating expenses. Three Months Ended September 30, 2007 Estimated Total Qualcomm Share-Based Qualcomm Pro Forma Compensation QSI (GAAP) Net cash provided (used) by operating activities $1,136 $(41)(a) $(52) $1,043 Less: capital expenditures (220) - (27) (247) Free cash flow $916 $(41) $(79) $796 Twelve Months Ended September 30, 2007 Estimated Total Qualcomm Share-Based In-Process Qualcomm Pro Forma Compensation R&D QSI (GAAP) Net cash provided (used) by operating activities $4,252 $(240)(a) $(10) $(191) $3,811 Less: capital expenditures (726) - - (92) (818) Free cash flow $3,526 $(240) $(10) $(283) $2,993 (a) Incremental tax benefits from stock options exercised during the period. Qualcomm Incorporated CONSOLIDATED BALANCE SHEETS (In millions, except per share data) (Unaudited) ASSETS September 28, September 30, 2008 2007 Current assets: Cash and cash equivalents $1,840 $2,411 Marketable securities 4,571 4,170 Accounts receivable, net 4,038 715 Inventories 521 469 Deferred tax assets 289 435 Collateral held under securities lending 173 421 Other current assets 291 200 Total current assets 11,723 8,821 Marketable securities 4,858 5,234 Deferred tax assets 830 318 Property, plant and equipment, net 2,162 1,788 Goodwill 1,517 1,325 Other intangible assets, net 3,104 664 Other assets 369 345 Total assets $24,563 $18,495 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Trade accounts payable $570 $635 Payroll and other benefits related liabilities 406 311 Income taxes payable 20 119 Unearned revenues 394 218 Obligations under securities lending 173 421 Other current liabilities 728 554 Total current liabilities 2,291 2,258 Unearned revenues 3,768 142 Income taxes payable 227 - Other liabilities 333 260 Total liabilities 6,619 2,660 Stockholders' equity: Preferred stock, $0.0001 par value; issuable in series; 8 shares authorized; none outstanding at September 28, 2008 and September 30, 2007 - - Common stock, $0.0001 par value; 6,000 shares authorized; 1,656 and 1,646 shares issued and outstanding at September 28, 2008 and September 30, 2007, respectively - - Paid-in capital 7,511 7,057 Retained earnings 10,717 8,541 Accumulated other comprehensive (loss) income (284) 237 Total stockholders' equity 17,944 15,835 Total liabilities and stockholders' equity $24,563 $18,495 Qualcomm Incorporated CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) (Unaudited) Three Months Ended Twelve Months Ended September September September September 28, 30, 28, 30, 2008 2007 2008 2007 Revenues: Equipment and services $1,866 $1,569 $7,160 $5,765 Licensing and royalty fees 1,468 737 3,982 3,106 Total revenues 3,334 2,306 11,142 8,871 Operating expenses: Cost of equipment and services revenues 922 725 3,414 2,681 Research and development 621 481 2,281 1,829 Selling, general and administrative 456 323 1,717 1,478 Total operating expenses 1,999 1,529 7,412 5,988 Operating income 1,335 777 3,730 2,883 Investment (expense) income, net (228) 171 96 743 Income before income taxes 1,107 948 3,826 3,626 Income tax (expense) benefit (229) 183 (666) (323) Net income $878 $1,131 $3,160 $3,303 Basic earnings per common share $0.53 $0.68 $1.94 $1.99 Diluted earnings per common share $0.52 $0.67 $1.90 $1.95 Shares used in per share calculations: Basic 1,650 1,660 1,632 1,660 Diluted 1,678 1,689 1,660 1,693 Dividends per share paid $0.16 $0.14 $0.60 $0.52 Dividends per share announced $0.16 $0.14 $0.60 $0.52 Qualcomm Incorporated CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) (Unaudited) Three Months Twelve Months Ended Ended September September September September 28, 30, 28, 30, 2008 2007 2008 2007 Operating Activities: Net income $878 $1,131 $3,160 $3,303 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 120 100 456 383 Revenues related to non-monetary exchanges (172) (172) - Non-cash income tax expense (benefit) 158 (274) 306 91 Non-cash portion of share-based compensation expense 148 117 541 488 Incremental tax benefits from stock options exercised (98) (41) (408) (240) Net realized losses (gains) on marketable securities and other investments 3 (49) (155) (222) Other-than-temporary losses on marketable securities and other investments 332 16 535 27 Other items, net 2 (47) 3 (43) Changes in assets and liabilities, net of effects of acquisitions: Accounts receivable, net (475) 46 (653) (16) Inventories 95 (87) (47) (234) Other assets (52) 41 (17) (96) Trade accounts payable (59) 82 (63) 209 Payroll, benefits and other liabilities 149 70 161 139 Unearned revenues (39) (62) (89) 22 Net cash provided by operating activities 990 1,043 3,558 3,811 Investing Activities: Capital expenditures (414) (247) (1,397) (818) Purchases of available-for-sale securities (2,736) (2,571) (7,680) (8,492) Proceeds from sale of available- for-sale securities 1,141 1,744 6,689 7,998 Increase in receivables for settlement of investments (406) - (406) - Other investments and acquisitions, net of cash acquired (15) (19) (298) (249) Change in collateral held under securities lending 153 (268) 248 (421) Other items, net (5) 71 25 84 Net cash used by investing activities (2,282) (1,290) (2,819) (1,898) Financing Activities: Proceeds from issuance of common stock 484 82 1,184 556 Incremental tax benefits from stock options exercised 98 41 408 240 Repurchase and retirement of common stock - (1,218) (1,670) (1,482) Dividends paid (266) (230) (982) (862) Change in obligations under securities lending (153) 268 (248) 421 Other items, net 2 (1) 1 16 Net cash provided (used) by financing activities 165 (1,058) (1,307) (1,111) Effect of exchange rate changes on cash (3) - (3) 2 Net (decrease) increase in cash and cash equivalents (1,130) (1,305) (571) 804 Cash and cash equivalents at beginning of period 2,970 3,716 2,411 1,607 Cash and cash equivalents at end of period $1,840 $2,411 $1,840 $2,411

Qualcomm Incorporated

CONTACT: John Gilbert of Qualcomm Incorporated, +1-858-658-4813,
ir@qualcomm.com

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

Spreadtrum Communications, Inc. Announces Third Quarter 2008 Results

Third Quarter 2008 Financial Summary: -- Total revenue in 3Q08 was US$20.0 million, down 48% year-over-year and 50% sequentially. Baseband revenue in 3Q08 was US$18.8 million, down 45% year-over-year and 52% sequentially. -- Diluted loss per American Depositary Share (ADS) was US$0.71, compared to diluted earnings of US$0.06 in 2Q08. -- Gross margin in 3Q08 was 43.7% compared to 45.2% in 2Q08 and 45.6% in 3Q07. -- GAAP net loss in 3Q08 was US$31.3 million, compared to net income of US$2.6 million in 2Q08 and net income of US$6.1 million in 3Q07. Recent Business Highlights: -- In 3Q08, Spreadtrum began shipping its SC6600V mobile TV solution, an integrated CMMB demodulator and source decoder chip that supports both AVS and H.264 video decoding standards. -- Spreadtrum received a gold award at the Futian Cup, a Chinese handset design competition, for its work on the SC6600V and SC8800D chips. -- Spreadtrum worked with Lenovo Mobile to enable Lenovo to deliver TD- SCDMA handsets with mobile TV feature to China Mobile before the Beijing Olympics. -- The Company appointed Dr. Leo Li as President.

SHANGHAI, China, Nov. 6 /Xinhua-PRNewswire-FirstCall/ -- Spreadtrum Communications, Inc. (Nasdaq: SPRD; the "Company"), one of China's leading wireless baseband chipset providers, today announced its third quarter 2008 financial results. Under accounting principles generally accepted in the United States of America (US GAAP), diluted loss per ADS was US$0.71 in the third quarter of 2008 (3Q08), compared to diluted earnings of US$0.13 in the same period in 2007 (3Q07) and US$0.06 in the second quarter of 2008 (2Q08). Net loss for 3Q08 was US$31.3 million, down from net income of US$6.1 million in 3Q07 and net income of US$2.6 million in 2Q08.

US GAAP net loss for 3Q08 included US$2.4 million of share-based compensation expense, US$0.4 million of amortization of intangibles from the Quorum acquisition, US$6.6 million of in process research and development (IPR&D) expense related to the Quorum acquisition and US$17.5 million of impairment loss of long-lived assets. Excluding the impact of this share- based compensation expense, the amortization of intangibles from the Quorum acquisition, IPR&D expense related to the Quorum acquisition and impairment loss of long-lived assets, the Company's non-GAAP net loss for 3Q08 would have been US$4.3 million, down from net income of US$7.6 million in 3Q07 and net income of US$4.9 million in 2Q08. Diluted non-GAAP loss per ADS in 3Q08 was US$0.10 down from diluted earnings of US$0.16 in 3Q07 and US$0.11 in 2Q08.

Commenting on the results, the Company's Chairman and CEO, Dr. Ping Wu, said:

"Q3 was a challenging quarter for us. The slowing Chinese economy dampened domestic consumption, including demand for mobile phones in the Chinese market. This resulted in a negative impact on a number of our customers. Furthermore, we were affected by the delayed impact of product transition issues. We have since resolved these issues and customers are working on new designs.

With turmoil in the financial markets in September and October, the possibility for a dramatic rebound in our business in the fourth quarter has diminished considerably. While we still expect some improvement in the fourth quarter, it will be much more subdued than we previously expected. To cope with this adverse environment, we are taking steps to pare down expenses, to re-evaluate our business priorities, and to make sure that our resources are allocated to the most critical parts of our business. Despite these short- term difficulties, we believe the Chinese mobile phone market still offers very attractive growth potential in the longer term.

There are a few bright spots in the fourth quarter. Our mobile TV chip, which we made available to the market at the end of Q3, has received favorable feedback from customers and potential customers alike. We believe our mobile TV chip is very well positioned by having the right features at very attractive price points. We have also made progress with our RF products, which are already designed into approximately half of our customers' new mobile phones.

We remain focused on positioning Spreadtrum to capture the long-term growth opportunities in this market and improving our product development process and internal execution. To this end, we have recently appointed Dr. Leo Li as our President. Leo has more than two decades of experience in the wireless industry and has held product development, business development, and general management positions in a number of leading wireless semiconductor companies. His skill and experience are expected to be quite useful as we strive to improve our product quality and to better serve our customers."

Third Quarter 2008 Financial Review Revenue

Revenue in the third quarter totaled US$20.0 million, representing a decrease of 48% from 3Q07 and 50% from 2Q08. Revenue from baseband semiconductors was US$18.8 million, or 94% of revenue, up from 89% of revenue in 3Q07 and down from 96% of revenue in 2Q08. Revenue from turnkey solutions was US$1.2 million, which represented 6% of revenue, down from 11% of revenue in 3Q07 and up from 4% of revenue in 2Q08.

Revenue from baseband semiconductors decreased 45% from 3Q07 and 52% from 2Q08 to US$18.8 million in 3Q08. Unit shipments of baseband semiconductors decreased 47% from 3Q07 and 53% from 2Q08. Nearly all baseband semiconductor shipments in the third quarter were 2G/2.5G related products. 3G products accounted for approximately 1% of the baseband shipments in 3Q08. The average selling price per unit for baseband semiconductors increased by 4% from 3Q07 and 3% from 2Q08 due to better product mix.

Revenue from turnkey solutions decreased during the quarter by 73% from 3Q07 and 20% from 2Q08 to US$1.2 million, as a result of the Company's ongoing plan to phase out its modules business.

Gross Margin

The gross margin for the quarter was 43.7%, down from 45.6% in 3Q07 and 45.2% in 2Q08. The non-GAAP gross margin was 44.3%, down from 45.7% in 3Q07 and 45.4% in 2Q08.

The cost of revenue in 3Q08 totaled US$11.2 million, representing decreases of 46% from 3Q07 and 49% from 2Q08. The year-over-year and sequential decreases were attributed to a decline in total sales volume.

Operating Margin

In 3Q08, the Company finalized its purchase accounting related to the acquisition of Quorum Systems. As a result, the Company recognized as an operating expense US$6.6 million IPR&D charge related to the Quorum acquisition. The Company also reviewed its long-lived assets for impairment when indicators of impairment occurred. The Company recognized US$17.5 million impairment loss in 3Q08, which included US$12.7 million of impairment loss in IP acquired from Quorum and US$4.8 million of impairment loss in other long-lived assets.

As a result of these expenses, the Company's operating margin was -159.0% in 3Q08, compared to 11.7% in 3Q07 and 4.2% in 2Q08. The year-over-year and sequential decreases in operating margin were primarily attributed to US$6.6 million of IPR&D expense related to the Quorum acquisition and US$17.5 million of impairment loss of long-lived assets together with a decline in sales volume. Excluding stock-based compensation expense, the amortization of intangibles from the Quorum acquisition, IPR&D expense related to the Quorum acquisition and impairment loss of long-lived assets, the non-GAAP operating margin in 3Q08 was -24.1%, down from 15.7% in 3Q07 and 9.8% in 2Q08.

Total operating expenses in 3Q08, which include selling, general and administrative (SG&A) expenses and R&D expenses, were US$40.5 million, representing increases of 210% from 3Q07 and 146% from 2Q08. Excluding stock- based compensation expense, the amortization of intangibles from the Quorum acquisition, IPR&D expense related to the Quorum acquisition and impairment loss of long-lived assets, total non-GAAP operating expenses in 3Q08 were US$13.7 million, compared to US$11.6 million in 3Q07 and US$14.3 million in 2Q08. Total non-GAAP operating expenses for the quarter represented 68.5% of revenue.

SG&A expenses increased in 3Q08 by 14% from 3Q07 and decreased 10% from 2Q08. The year-over-year dollar increase was driven primarily by higher stock-based compensation expense and higher professional fees, partially offset by lower employee salary and benefits expenses. The sequential dollar decrease was driven primarily by lower expenses in employee salary and benefits, investor relations and marketing, partially offset by higher stock- based compensation expense.

Recurring R&D expenses in 3Q08 increased 31% year-over-year and 4% sequentially. The year-over-year dollar increase was driven primarily by the Company's efforts to expand its product portfolio and the acquisition of Quorum Systems, which is primarily a research and development center. The sequential dollar increase was primarily due to higher software license and maintenance fees and stock-based compensation, partially offset by lower non- recurring engineering and amortization expenses.

Non-Operating Income

In 3Q08, the Company recorded net interest income of US$0.5 million, representing a decrease of US$1.1 million from 3Q07 and flat from 1Q08. The year-over-year decrease was primarily attributed to interest earned from investing a lower balance of cash and cash equivalents as well as declines in interest rates.

In 3Q08, the Company also recognized other income of US$0.3 million, approximately flat from 3Q07 and a decrease of US$0.7 million from 2Q08. The sequential decrease was primarily attributed to a decrease in foreign exchange gain.

Earnings

Diluted loss per ADS was US$0.71, down from diluted earnings of US$0.13 in 3Q07 and US$0.06 in 2Q08. Excluding stock-based compensation expense, the amortization of intangibles from the Quorum acquisition, IPR&D expense related to the Quorum acquisition and impairment loss of long-lived assets, non-GAAP diluted loss per ADS for 3Q08 was US$0.10, down from diluted earnings of US$0.16 in 3Q07 and US$0.11 in 2Q08.

The Company's net loss totaled US$31.3 million in 3Q08, compared to net income of US$6.1 million in 3Q07 and net income of US$2.6 million in 2Q08. The net margin was -156.5%, down from 15.7% in 3Q07 and 6.5% in 2Q08. Excluding stock-based compensation expense, amortization of intangibles from the Quorum acquisition, IPR&D expense related to the Quorum acquisition and impairment loss of long-lived assets, non-GAAP net margin was -21.6% in 3Q08, down from 19.7% in 3Q07 and 12.1% in 2Q08.

Balance Sheet and Cash Flow

As of September 30, 2008, the Company had US$66.3 million in cash and cash equivalents, which represented a decrease of US$2.6 million from June 30, 2008. The Company also had $6.6 million in term deposits with maturity dates over 90 days. In 3Q08, the Company generated US$0.2 million cash from operating activities, and used US$2.1 million cash on property and equipment and US$0.6 million on intangible assets.

Accounts receivable (A/R) decreased by US$6.0 million from US$17.4 million at June 30, 2008 to US$11.4 million at September 30, 2008. As a result of the decrease in sales, average A/R days increased from 21 days to 66 days. As of October 31, 2008, the Company has collected US$2.6 million of its A/R and US$5.6 million of the outstanding receivables was past due. The Company has received reassurance that the US$5.6 million will be paid in the fourth quarter. Inventory at September 30, 2008 was US$18.0 million, an increase of $0.2 million from June 30, 2008, and the inventory days increased from 73 days to 146 days as a result of the slower sales volume. Total assets as of September 30, 2008 were US$203.9 million, down 19% from US$250.6 million at June 30, 2008. The decrease in total assets was primarily attributed to reductions in intangible assets due to impairment and goodwill per finalization of purchase accounting.

Current liabilities decreased from US$32.6 million at June 30, 2008 to US$30.7 million at September 30, 2008, primarily due to a decrease in advance from customers as a result of slower sales volume, accrued warranty and accounts payable, partially offset by an increase in the current portion of long term notes payable. Long-term liabilities at September 30, 2008 were US$1.3 million, compared to US$16.9 million at June 30, 2008, primarily due to an adjustment in deferred tax liability per finalization of purchase accounting and reclassification from long-term notes payable to short-term notes payable, as a US$0.7 million interest-free loan becomes due in 3Q09.

Business Outlook:

As stated earlier in this press release, conditions in the Chinese mobile phone market remain challenging. In recent weeks, customers have turned more cautious in their business outlook for this quarter, as impact of the global financial crisis begins to spread. As a result, Spreadtrum currently expects fourth quarter revenue to be approximately flat or slightly better than the third quarter of 2008. Spreadtrum estimates its 4Q08 gross margin to be approximately 40% and its 4Q08 operating expenses to be in the range of US$15- 16 million.

Webcast of Conference Call:

The Company's management team will conduct a conference call at 8:00 am US Eastern Time on November 7, 2008. A webcast of the conference call will be accessible on the Company's web site at http://www.spreadtrum.com/ . The conference call can also be accessed via the following telephone numbers:

USA (Toll Free): 1 888 680 0878 USA (Toll): 1 617 213 4855 Hong Kong (Toll Free): 800 962 844 China (Toll Free): 10 800 130 0399 Participant Passcode: 3627 9406 Pre-registration (optional): https://www.theconferencingservice.com/prereg/key.process?key=PJFMME98R

A replay of the conference call will be available for seven days via the following telephone numbers:

USA (Toll Free): 1 888 286 8010 USA (Toll): 1 617 801 6888 Participant Passcode: 8068 4449 Discussion of Non-GAAP Financial Measures

In addition to disclosing financial results prepared in accordance with US GAAP, the Company's earnings release contains non-GAAP financial measures that exclude the effects of share-based compensation, amortization of intangibles from the Quorum acquisition, in process R&D expense from the Quorum acquisition, and impairment loss of long-lived assets. The non-GAAP financial measures used by management and disclosed by the Company exclude the income statement effects of all forms of share-based compensation, amortization of intangibles from the Quorum acquisition, in process R&D expense from the Quorum acquisition, and impairment loss of long-lived assets.

The non-GAAP financial measures disclosed by the Company should not be considered a substitute for financial measures prepared in accordance with US GAAP. The financial results reported in accordance with US GAAP and reconciliation of GAAP to non-GAAP results should be carefully evaluated. The non-GAAP financial measures used by the Company may be prepared differently from and, therefore, may not be comparable to similarly titled measures used by other companies.

The Company believes that the presentation of non-GAAP gross margin, non- GAAP operating margin, non-GAAP net income, and non-GAAP diluted earnings per ADS provides important supplemental information to management and investors regarding financial and business trends relating to the Company's financial condition and results of operations. The non-GAAP diluted earnings per ADS is calculated by dividing non-GAAP net income by the US GAAP weighted average diluted shares outstanding.

Listed below are the share-based compensation amounts included in net income that management excludes in computing the non-GAAP financial measures referred to in the text of this press release. A reconciliation of GAAP to non-GAAP results is presented after the consolidated balance sheets.

Three months ended September 30, June 30, September 30, 2007 2008 2008 (in thousands of US dollars) Share-based compensation: Cost of revenue $ 54 $ 89 $ 121 Research and development 582 773 1,185 Selling, general, and administrative 891 803 1,108 Spreadtrum Communications, Inc. Condensed Consolidated Income Statements (in thousands of US dollars, except per share data and percentages) (unaudited) Three months ended Change from September June September 30, 2007 30, 2008 30, 2008 3Q07 2Q08 Revenue $38,570 $40,227 $19,977 (48%) (50%) Cost of revenue 20,996 22,063 11,242 (46%) (49%) Gross profit 17,574 18,164 8,735 (50%) (52%) Operating expenses Research & development 8,997 11,316 11,756 31% 4% Selling, general & administrative 4,059 5,176 4,647 14% (10%) IPR&D expense acquired per Quorum acquisition -- -- 6,612 N/A N/A Impairment loss of long-lived assets -- -- 17,484 N/A N/A Total operating expenses 13,056 16,492 40,499 210% 146% Operating income (loss) 4,518 1,672 (31,764) (803%)(2,000%) Non-operating income (expense) Interest income 1,676 535 530 (68%) (1%) Interest expense (18) (42) (54) 200% 29% Other income, net 347 944 289 (17%) (69%) Total non-operating income 2,005 1,437 765 (62%) (47%) Income (loss) before tax 6,523 3,109 (30,999) (575%) (1097%) Income tax expense 465 496 259 (44%) (48%) Net income (loss) $6,058 $2,613 ($31,258) (616%)(1,296%) Income (loss) per ADS, basic $0.14 $0.06 ($0.71) (607%)(1,283%) Income (loss) per ADS, diluted $0.13 $0.06 ($0.71) (646%)(1,283%) Margin analysis: Gross margin 45.6% 45.2% 43.7% Operating margin 11.7% 4.2% (159.0%) Net margin 15.7% 6.5% (156.5%) Weighted average ADS equivalent: [1] Basic 42,005,199 44,252,776 43,935,121 Diluted 46,940,325 46,226,362 43,935,121 ADS equivalent outstanding at end of period 42,191,367 43,872,135 43,991,458 [1] Assumes all outstanding ordinary shares are represented by ADSs. Each ADS represents three ordinary shares. Spreadtrum Communications, Inc. Consolidated Income Statements (in thousands of US dollars, except per share data and percentages) (unaudited) Nine months ended Change September 30, September 30, 2007 2008 Revenue $96,924 $99,702 3% Cost of revenue 53,493 55,051 3% Gross profit 43,431 44,651 3% Operating expenses Research & development 22,945 34,039 48% Selling, general & administrative 12,128 14,597 20% IPR&D expense acquired per Quorum acquisition -- 6,612 N/A Impairment loss of long-lived assets -- 17,484 N/A Total operating expenses 35,073 72,732 107% Operating income (loss) 8,358 (28,081) (436%) Non-operating income (expense) Interest income 2,414 1,860 (23%) Interest expense (30) (131) (337%) Other income, net 794 1,870 136% Total non-operating income 3,178 3,599 13% Income (loss) before tax 11,536 (24,482) (312%) Income tax expense 665 1,385 108% Net income (loss) $10,871 ($25,867) (338%) Income (loss) per ADS, basic $0.59 ($0.59) (200%) Income (loss) per ADS, diluted $0.26 ($0.59) (327%) Margin analysis: Gross margin 44.8% 44.8% Operating margin 8.6% (28.2%) Net margin 11.2% (25.9%) Weighted average ADS equivalent: [2] Basic 18,307,807 43,784,579 Diluted 41,531,113 43,784,579 [2] Assumes all outstanding ordinary shares are represented by ADSs. Each ADS represents three ordinary shares. Spreadtrum Communications, Inc. Condensed Consolidated Balance Sheets (in thousands of US dollars) December 31, June 30, September 31, 2007 2008* 2008* (audited) (unaudited) (unaudited) Cash and cash equivalents $157,038 $68,930 $66,285 Term deposit -- 6,561 6,600 Accounts receivable, net 2,198 17,412 11,368 Inventories 25,054 17,799 18,021 Deferred tax assets 392 392 345 Prepaid expenses and other current assets 5,650 6,767 8,206 Total current assets 190,332 117,861 110,825 Property and equipment, net 23,046 25,875 26,209 Acquired intangible assets, net 14,220 48,465 22,191 Goodwill -- 46,789 32,345 Deferred tax assets 1,222 1,227 1,361 Other long term assets 8,102 10,404 11,009 Total assets 236,922 250,621 203,940 Current portion of long term loan 685 2,916 3,667 Accounts payable 24,857 13,307 12,607 Advances from customers 1,210 1,265 308 Income tax payable 3,088 3,392 3,737 Accrued expenses and other current liabilities 13,773 11,728 10,385 Total current liabilities 43,613 32,608 30,704 Long term loan 3,423 729 -- Deferred tax liabilities 37 14,365 37 Other long-term obligations 1,954 1,823 1,308 Total long term liabilities 5,414 16,917 1,345 Total liabilities 49,027 49,525 32,049 Shareholders' equity 187,895 201,096 171,891 Total liabilities & shareholders' equity $236,922 $250,621 $203,940 * The financial information at June 30, 2008 includes preliminary valuation of Quorum, while the financial information at September 30, 2008 includes final valuation of Quorum. Spreadtrum Communications, Inc. Supplemental Information (in thousands of US dollars, except percentages) Revenue (US$000) 4Q06 1Q07 2Q07 3Q07 Baseband Semiconductor $22,645 $20,589 $27,357 $34,161 Turnkey Solutions 8,317 5,578 4,830 4,409 Total $30,962 $26,167 $32,187 $38,570 As % of Total Revenue Baseband Semiconductor 73% 79% 85% 89% Turnkey Solutions 27% 21% 15% 11% Gross Margin 46.4% 42.9% 45.5% 45.6% Revenue (US$000) 4Q07 1Q08 2Q08 3Q08 Baseband Semiconductor $44,971 $35,532 $38,713 $18,765 Turnkey Solutions 3,571 3,966 1,514 $1,212 Total $48,542 $39,498 $40,227 $19,977 As % of Total Revenue Baseband Semiconductor 93% 90% 96% 94% Turnkey Solutions 7% 10% 4% 6% Gross Margin 45.5% 44.9% 45.2% 43.7% Spreadtrum Communications, Inc. Reconciliation of GAAP to Non-GAAP Results (in thousands of US dollars, except per share data and percentages) (unaudited) Three months ended September June 30, September 30, 2007 2008 30, 2008 Cost of revenue $20,996 $22,063 $11,242 Adjustment for share-based compensation (54) (89) (121) Cost of revenue (non-GAAP) $20,942 $21,974 $11,121 Operating income (loss) $4,518 $1,672 ($31,764) Adjustment for share-based compensation within: Cost of revenue 54 89 121 Research and development 582 773 1,185 Selling, general, and administrative 891 803 1,108 Adjustment for amortization of intangibles from Quorum acquisition within research and development -- 600 435 Adjustment for IPR&D expense acquired per Quorum acquisition -- -- 6,612 Adjustment for Impairment loss of long-lived assets -- -- 17,484 Operating income (loss) (non-GAAP) $6,045 $3,937 ($4,819) Net income (loss) $6,058 $2,613 ($31,258) Adjustment for share-based compensation within: Cost of revenue 54 89 121 Research and development 582 773 1,185 Selling, general, and administrative 891 803 1,108 Adjustment for amortization of intangibles from Quorum acquisition within research and development -- 600 435 Adjustment for IPR&D expense acquired per Quorum acquisition -- -- 6,612 Adjustment for impairment loss of long-lived assets -- -- 17,484 Net income (loss) (non-GAAP) * $7,585 $4,878 ($4,313) Income (loss) per ADS, diluted $0.13 $0.06 ($0.71) Adjustment for share-based compensation 0.03 0.04 0.05 Adjustment for amortization of intangibles from Quorum acquisition -- 0.01 0.01 Adjustment for IPR&D expense acquired per Quorum acquisition -- -- 0.15 Adjustment for impairment loss of long-lived assets -- -- 0.40 Income (loss) per ADS, diluted (non- GAAP)* $0.16 $0.11 ($0.10) Gross margin 45.6% 45.2% 43.7% Adjustment for share-based compensation 0.1% 0.2% 0.6% Gross margin (non-GAAP) 45.7% 45.4% 44.3% Operating margin 11.7% 4.2% (159.0%) Adjustment for share-based compensation 4.0% 4.1% 12.1% Adjustment for amortization of intangibles from Quorum acquisition -- 1.5% 2.2% Adjustment for IPR&D expense acquired per Quorum acquisition -- -- 33.1% Adjustment for impairment loss of long-lived assets -- -- 87.5% Operating margin (non-GAAP) 15.7% 9.8% (24.1%) Net margin 15.7% 6.5% (156.5%) Adjustment for share-based compensation 4.0% 4.1% 12.1% Adjustment for amortization of intangibles from Quorum acquisition -- 1.5% 2.2% Adjustment for IPR&D expense acquired per Quorum acquisition -- -- 33.1% Adjustment for impairment loss of long-lived assets -- -- 87.5% Net margin (non-GAAP)* 19.7% 12.1% (21.6%) * The non-GAAP adjustment does not take into consideration the impact of taxes. About Spreadtrum Communications, Inc.:

Spreadtrum Communications, Inc. (NASDAQ: SPRD; the "Company") is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the mobile wireless communications market. The Company combines its semiconductor design expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management. The Company has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich and meet their cost and time-to-market requirements.

Safe Harbor Statements:

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding diminished possibility for a rebound in the Company's business in the fourth quarter, expectations for some improvement in the fourth quarter that will be much more subdued than previously expected, the Chinese mobile phone market still offering attractive growth potential in the longer term, our mobile TV chip being well positioned by having the right features at very attractive price points, our expectation that Dr. Leo Li's skill and experience will be useful as we strive to improve product quality and better serve our customers, $5.6 million of outstanding receivables being paid in the fourth quarter, the Company's expectations with respect to revenue, gross margin, and operating expenses for the fourth quarter, and efforts to improve quality, customer service, reducing expenses, allocating resources, and re-evaluate priorities. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for mobile phones; the Company's ability to integrate Quorum's operations into its own; the Company's ability to successfully produce and market Quorum's RF transceivers in volume; the rate at which the commercial deployment of TD-SCDMA technology will grow; market acceptance of products utilizing TD-SCDMA technology; the Company's ability to sustain recent rates of growth; the state of and any change in the Company's relationship with its major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the registration statement on Form F-1 filed on June 26, 2007, as amended, and the annual report on Form 20-F filed on June 30, 2008, especially the sections under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Spreadtrum Communications, Inc.

CONTACT: Investor Relations at +86-21-5080-2727 x2268 or
ir@spreadtrum.com

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

Horizon Lines Introduces ReeferPlus(R)GPS Continuous Visibility and Security Solution for Refrigerated ContainersReeferPlus(R)GPS Can View Real Time Shipment Tracking Data Online, Remotely Monitor Reefer Conditions and Set Event Alerts for Refrigerated Containers in the U.S. - Puerto Rico Trade

CHARLOTTE, N.C., Nov. 6 /PRNewswire-FirstCall/ -- Horizon Lines, Inc. , announced today the immediate availability of the ReeferPlus(R)GPS container tracking and shipment monitoring solution for refrigerated ocean containers moving between the continental U.S. and Puerto Rico. This innovative solution is designed to improve the visibility and security of high-value perishable cargo requiring cold chain logistics; a term used to describe the maintenance of product temperature through the entire transport chain from packing to delivery.

Key capabilities of ReeferPlus(R)GPS include GPS-enabled real-time container tracking; in-box sensors reporting temperature, atmosphere and security updates via the web; and remote monitoring and adjusting of reefer conditions with one computer click.

The ReeferPlus(R)GPS solution uses Impeva Labs' Global Sentinel Unit, which links multiple two-way communication channels, real-time wireless sensors and a direct twoway interface to the refrigerated container's controller. With continuous real-time supply chain visibility and remote configuration, Horizon Lines' ReeferPlus(R)GPS customers can track, trace, monitor and take corrective action from their offices anywhere in the world.

"ReeferPlus(R)GPS is a major advance in cold chain logistics," said Jacob Wegrzyn, Senior Vice President and General Manager, Puerto Rico Division for Horizon Lines, LLC. "We have been developing and testing this solution for two years in the Puerto Rico tradelane to offer high-value perishables shippers the visibility and control they need for maximum quality control and security."

"We are very pleased that our collaboration with Horizon has resulted in the launch of ReeferPlus(R)GPS," said Tony Moroyan, CEO of Impeva Labs. "Using the latest technologies, ReeferPlus(R)GPS is the most capable and advanced solution for global tracking, cargo monitoring and container security. This comprehensive and flexible system offers reefer users outstanding value in confirming cargo integrity across the entire logistics supply chain. This puts Horizon Lines in a clear leadership position."

About Horizon Lines

Horizon Lines, Inc. is the nation's leading domestic ocean shipping and integrated logistics company comprised of two primary operating subsidiaries. Horizon Lines, LLC owns or leases a fleet of 21 U.S.-flag containerships and 5 port terminals linking the continental United States with Alaska, Hawaii, Guam, Micronesia and Puerto Rico. Horizon Logistics, LLC offers customized logistics solutions to shippers from a suite of transportation and distribution management services designed by Aero Logistics, information technology developed by Horizon Services Group and intermodal trucking and warehousing services provided by Sea-Logix. Horizon Lines, Inc. is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ.

About Impeva Labs

Impeva Labs is the leading supplier of continuous global asset visibility (tracking, tracing, monitoring and security). Impeva's services enable effective asset management and the most efficient transportation of goods by providing a Continuous Chain of Custody (C-3) Shipping System(TM). Impeva's customers can see real time data, receive event alerts, and take corrective action from anywhere in the world, without leaving the office. Impeva Labs is a privately held company based in Mountain View, California with offices in Florida, Brazil and Armenia. With Impeva Labs: Whatever, Wherever, Whenever, You'll Know(TM). http://www.impeva.com/

Forward Looking Statements

The information contained in this press release should be read in conjunction with our filings made with the Securities and Exchange Commission. This press release contains "forward looking statements" within the meaning of the federal securities laws. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those that do not relate solely to historical fact. They include, but are not limited to, any statement that may predict, forecast, indicate or imply future results, performance, achievements or events. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "target," "projects," "likely," "will," "would," "could," and similar expressions or phrases identify forward-looking statements.

All forward-looking statements involve risk and uncertainties. In light of these risks and uncertainties, expected results or other anticipated events or circumstances discussed in this press release might not occur. We undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. See the section entitled "Risk Factors" in our Form 10-K filed with the SEC on February 6, 2008, and in subsequent Form 10- Qs, for a more complete discussion of these risks and uncertainties and for other risks and uncertainties. Those factors and the other risk factors described therein are not necessarily all of the important factors that could cause actual results or developments to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors also could harm our results. Consequently, there can be no assurance that actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences.

Horizon Lines, Inc.

CONTACT: Kimberly McCloskey of BSY Associates, +1-732-817-0400 x28,
kimberly@bsya.com, for Horizon Lines, Inc.

Web site: http://www.horizonlines.com/
http://www.impeva.com/

DATATRAK International, Inc. Announces 2008 Third Quarter and Nine Month Operating ResultsQ3 Revenue increases 12% over prior year quarter; Q3 Gross Profit Margin improves to 76%

CLEVELAND, Nov. 6 /PRNewswire-FirstCall/ -- DATATRAK International, Inc. , a technology and services company focused on global eClinical solutions for the clinical trials industry, today reported its operating results for the third quarter and first nine months of 2008.

For the three months ended September 30, 2008, revenue increased 12% compared to the prior year third quarter and was up 5% compared to the second quarter of this year. Revenue for the third quarter was $2,367,000 compared to $2,116,000 and $2,249,000 in the third quarter of last year and second quarter of this year, respectively. Gross profit margin for the three months ended September 30, 2008, was 76% compared to 50% and 60% in the third quarter of last year and second quarter of this year, respectively. The significant improvement in margin reflects not only higher revenues but substantially lower direct costs. Direct costs decreased 46% and 37% compared to the third quarter of the prior year and the second quarter of this year, respectively. The closure of the Company's German office and the consolidation of its Help Desk services into the Cleveland office was a main component of the cost savings.

DATATRAK's financial results for the third quarter of 2008 were negatively impacted by the accounting treatment for certain cost reduction steps undertaken during the quarter. Selling, general and administrative expenses include a charge of $835,000 related to the Company's German office and office equipment leases. The $835,000 represents the fair value of the entire remaining obligation of such leases. DATATRAK is in negotiations with each lessor. Further, severance charges of $47,000 were recorded during the quarter relating to the elimination of six positions.

In addition, the Company's financial results for the third quarter of 2008 were negatively impacted by ongoing legal costs of approximately $234,000 associated with the previously disclosed disputes between DATATRAK and certain of the former shareholders of ClickFind, Inc. related to the 2006 Merger Agreement (the "Merger Agreement") between DATATRAK and ClickFind. On September 11, 2008, the Company filed a lawsuit against certain of the former ClickFind shareholders including a former executive officer and other current employees of the Company who are also holders of the ClickFind Notes (the "Indemnifying Shareholders"), claiming willful and fraudulent failure to disclose material information in connection with the acquisition of ClickFind. On October 10, 2008, the Indemnifying Shareholders filed their answer and counterclaim with the court to the claims presented by the Company in its lawsuit. For the nine months ended September 30, 2008, legal costs associated with these disputes was approximately $526,000.

As permitted by the Merger Agreement, the Company has provided notice of offset against the remaining $3,000,000 ClickFind Notes obligation to the Indemnifying Shareholders as partial satisfaction of the Company's claims for indemnification against the Indemnifying Shareholders. In addition, pursuant to the terms of the Merger Agreement, the Company also believes it is entitled to reimbursement of the legal fees and costs incurred related to these matters of approximately $544,000. Consequently, the Company withheld the May 1, 2008, August 1, 2008 and November 1, 2008 interest payments, totaling approximately $147,000. The Indemnifying Shareholders have disputed both the Company's right to indemnification and its right to offset the interest payments and the ClickFind Notes. As such, the attached condensed consolidated financial statements continue to reflect the accrual of interest on the ClickFind Notes for the third quarter and first nine months of 2008 and the $3,000,000 obligation as of September 30, 2008. The Company believes the outcome of these disputes with the Indemnifying Shareholders will not affect the Company's rights to the technology purchased from ClickFind or the ability to deliver our eClinical platform.

For the three months ended September 30, 2008, the Company reported a net loss of $(1,599,000), or $(0.12) per share on a basic and diluted basis. The reported net loss for the comparable period of the prior year was $(3,506,000), or $(0.26) per share on a basic and diluted basis. The prior year third quarter included an impairment loss of $213,000 and severance charges totaling $386,000.

For the nine months ended September 30, 2008, DATATRAK's revenue decreased 23% to $6,704,000 compared to $8,723,000 for the first nine months of 2007. Year-to-date gross margin was 64% for the 2008 nine month period compared to 59% for the same time period of the prior year. For the nine months ended September 30, 2008, the Company reported a net loss of $(19,831,000), or $(1.45) per share on a basic and diluted basis, which includes $12,763,000 of asset impairment charges, $652,000 of severance expense and the German lease charge of $835,000. Net loss for the comparable nine month period of 2007 was $(8,367,000), or $(0.64) per share on a basic and diluted basis, and included asset impairment charges of $213,000 and severance expense of $723,000.

DATATRAK's backlog at September 30, 2008 was $12.5 million and backlog currently stands at approximately $12.1 million. This compares to a backlog of $13.0 million at December 31, 2007. Backlog is defined as the remaining value of signed contracts or authorization letters to commence services. The Company does not include in its backlog potential contracts or authorization letters that have passed the verbal stage, but have not been signed. All contracts are subject to possible delays or cancellation or can change in scope in a positive or negative direction. Therefore, current backlog is not necessarily indicative of the Company's future quarterly or annual revenue. Historically, backlog has been a poor predictor of the Company's short-term revenue.

"Our third quarter results are an encouraging improvement and they are starting to show the Company's return to sound business fundamentals," stated Dr. Jeffrey A. Green, Chief Executive Officer of DATATRAK International, Inc. "We were able to attack our weak financial performance on two different fronts during the quarter, higher revenues and lower direct cost, resulting in a gross margin of 76%. If one backs out the German lease charge and legal costs associated with the litigation our net loss would only have been $(530,000). As a result of our restructuring efforts and positive changes we have made across the Company we have significantly lowered our breakeven point and now have strong leverage moving forward. Importantly, service levels to our customers remain high and we continue to win new business within the United States, European and Japanese clinical trial markets."

Green concluded, "NTT DATA in Japan has added their fourth client who has elected to utilize our eClinical platform. During the month of October we initiated our 18th cardiac safety study with COResearch, a Division of Duke Medical Strategies. DATATRAK continues to be a strong technology competitor within this global market and our management team is focused on continuing to rebuild value within the Company."

The Company will also host a conference call today at 4:30 p.m. ET. To participate via phone, participants are asked to dial 412-858-4600 a few minutes before 4:30 p.m. ET. The conference call will also be available via live web cast on DATATRAK International, Inc.'s web site by clicking the button labeled "Click here for Live Web Cast, 3rd Quarter Earnings Call" on the Company's homepage at http://www.datatrak.net/ a few minutes before 4:30 p.m. ET.

A replay of the phone call and web cast will each be available at approximately 6:30 p.m. ET on November 6, 2008 and will run until 9:00 a.m. ET on November 13, 2008. The phone replay can be accessed by dialing 412-317-0088 (access code 424446). To access the web cast replay go to the Company's homepage at http://www.datatrak.net/ and click the button labeled "Click here for Replay of Web Cast, 3rd Quarter Earnings Call."

DATATRAK International, Inc. is a worldwide technology company focused on the provision of multi-component eClinical solutions and related services for the clinical trials industry. The Company delivers a complete portfolio of software products that were created in order to accelerate clinical research data from investigative sites to clinical trial sponsors and ultimately the United States Food and Drug Administration (FDA), faster and more efficiently than manual methods or loosely integrated technologies. DATATRAK's eClinical software suite can be deployed worldwide through an ASP offering or in a licensed Enterprise Transfer model that fully empowers its clients. The DATATRAK software suite and its earlier versions have successfully supported hundreds of international clinical trials involving thousands of clinical research sites and encompassing tens of thousands of patients in 59 countries. DATATRAK International, Inc.'s product suite has been utilized in some aspect of the clinical development of 16 drugs and one medical device that have received regulatory approval from either the FDA or counterpart European bodies. DATATRAK International, Inc. has offices located in Cleveland, Ohio and Bryan, Texas. Its common stock is listed on the NASDAQ Stock Market under the ticker symbol "DATA". Visit the DATATRAK International, Inc. web site at http://www.datatrak.net/ .

Except for the historical information contained in this press release, the statements made in this release are forward-looking statements. These forward- looking statements are made based on management's expectations, assumptions, estimates and current beliefs concerning the operations, future results and prospects of the Company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the Company. Factors that may cause actual results to differ materially from those in the forward-looking statements include the limited operating history on which the Company's performance can be evaluated; the ability of the Company to continue to enhance its software products to meet customer and market needs; fluctuations in the Company's quarterly results; the viability of the Company's business strategy and its early stage of development; the timing of clinical trial sponsor decisions to conduct new clinical trials or cancel or delay ongoing trials; the Company's dependence on major customers; government regulation associated with clinical trials and the approval of new drugs; the ability of the Company to compete in the emerging EDC market; losses that potentially could be incurred from breaches of contracts or loss of customer data; the inability to protect intellectual property rights; delisting of the Company's common shares from the Nasdaq due to our failure to continue to meet applicable Nasdaq Capital Market requirements; the infringement upon other's intellectual property rights; the Company's success in integrating its acquisition's operations into its own operations and the costs associated with maintaining and/or developing two product suites; the outcome of the Company's disputes with former shareholders of ClickFind, Inc.; the effects and outcomes of the Company's exploration of potential opportunities directed at maximizing shareholder value; and general economic conditions such as the rate of employment, inflation, interest rates and the condition of capital markets. This list of factors is not all inclusive. In addition, the Company's success depends on the outcome of various strategic initiatives it has undertaken, all of which are based on assumptions made by the Company concerning trends in the clinical research market and the health care industry. The Company undertakes no obligation to update publicly or revise any forward-looking statement.

DATATRAK International, Inc. and Subsidiaries Condensed Consolidated Balance Sheet Data (Unaudited) September 30, December 31, 2008 2007 Cash and investments $2,431,711 $8,514,361 Accounts receivable, net 1,801,491 1,070,688 Deferred tax asset 154,300 1,399,000 Property and equipment, net 952,086 3,534,799 Goodwill --- 10,856,113 Other intangible assets, net --- 520,458 Other 313,212 577,792 Total assets $5,652,800 $26,473,211 Accounts payable and other current liabilities $6,638,774 $3,971,883 Long-term liabilities 2,074,113 5,931,962 Shareholders' equity (deficit) (3,060,087) 16,569,366 Total liabilities and shareholders' equity (deficit) $5,652,800 $26,473,211 DATATRAK International, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (Unaudited) For the Three Months Ended September 30, 2008 2007 Revenue $2,367,031 $2,116,333 Direct costs 568,020 1,061,088 Gross profit 1,799,011 1,055,245 Selling, general and administrative expenses 3,135,004 3,282,508 Impairment loss --- 213,209 Severance expense 46,701 386,368 Depreciation and amortization 183,863 669,941 Loss from operations (1,566,557) (3,496,781) Interest income 17,717 128,623 Interest (expense) (54,362) (91,121) Other 4,317 --- Loss before income taxes (1,598,885) (3,459,279) Income tax expense --- 47,000 Net loss $(1,598,885) $(3,506,279) Net loss per share: Basic: Net loss per share $(0.12) $(0.26) Weighted-average shares outstanding 13,681,901 13,634,075 Diluted: Net loss per share $(0.12) $(0.26) Weighted-average shares outstanding 13,681,901 13,634,075 DATATRAK International, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (Unaudited) For the Nine Months Ended September 30, 2008 2007 Revenue $6,704,165 $8,723,138 Direct costs 2,400,663 3,617,858 Gross profit 4,303,502 5,105,280 Selling, general and administrative expenses 9,044,221 10,326,314 Impairment loss 12,763,145 213,209 Severance expense 651,750 723,429 Depreciation and amortization 1,208,152 2,178,986 Loss from operations (19,363,766) (8,336,658) Interest income 106,723 350,328 Interest expense (175,489) (285,616) Other (13,761) (1,700) Loss before income taxes (19,446,293) (8,273,646) Income tax expense 385,000 93,600 Net loss $(19,831,293) $(8,367,246) Net loss per share: Basic: Net loss per share $(1.45) $(0.64) Weighted average shares outstanding 13,681,901 13,014,534 Diluted: Net loss per share $(1.45) $(0.64) Weighted average shares outstanding 13,681,901 13,014,534

DATATRAK International, Inc.

CONTACT: Jeffrey A. Green, Pharm.D., FCP, President and Chief Executive
Officer, +1-440-443-0082, x112, or Raymond J. Merk, Chief Financial Officer,
+1-440-443-0082, x181, both of DATATRAK International, Inc.; or Neal Feagans,
Investor Relations, Feagans Consulting, Inc., +1-303-449-1184

Web site: http://www.datatrak.net/

Cogo Group, Inc. Reports 2008 Third Quarter Results- Q3 Net Revenue: $74.8 million (a year-on-year increase of 33.3%)- Q3 Net Income: $1.4 million GAAP ($5.4 million Non-GAAP with a year-on-year decrease of 24.7%)- Q3 EPS Diluted: $0.04 GAAP ($0.14 Non-GAAP EPS Diluted with a year-on-year decrease of 22.2%)- Q4 guidance: $80-82 million in revenue and $0.18 Non-GAAP EPS Diluted- Management expects continued growth in 2009

SHENZHEN, China, Nov. 6 /PRNewswire-FirstCall/ -- Cogo Group, Inc. , a China-based provider of customized module design solutions as well as engineering and technology services to domestic and international companies, today announced its unaudited financial results for the third quarter 2008. The Company reported quarterly revenue of $74.8 million, up 33.3% year-over-year, compared to $56.1 million in the third quarter of 2007. The Company continued to experience growth across all product categories -- mobile handsets, telecommunication equipment, digital media and industrial applications -- which it believes are among the fastest growing markets in China.

Net income for the third quarter of 2008 was $1.4 million, down 74.9% from $5.5 million for the same period last year, with Non-GAAP net income down 24.7% over the same period last year. Earnings per common share ("EPS") Diluted on a U.S. GAAP basis were $0.04, and Non-GAAP EPS Diluted (which excludes share-based compensation expenses and acquisition related costs including amortization and impairment of intangible assets, recognized deferred taxation and impairment of goodwill) was $0.14, down 22.2% from the third quarter of 2007.

Key Financial Indicators (all numbers in USD thousands, except share data) Q3 2008(1) Q3 2007(1) Percent Change Consolidated Revenue $74,794 $56,100 33.3% Cost of Sales $64,453 $45,179 42.7% Gross Profit $10,341 $10,921 -5.3% Net Operating Expenses $10,200 $5,976 70.7% Income from Operations $141 $4,945 -97.1% Net Income(2) $1,377 $5,477 -74.9% EPS Diluted $0.04 $0.14 -71.4% Non-GAAP EPS Diluted $0.14 $0.18 -22.2% (1) The US dollar amounts are calculated based on the conversion rate of US $1 to RMB 6.7899 as of September 30, 2008 and US $1 to RMB 7.4928 as of September 30, 2007. (2) Included in the Q3 2008 net income was an amount of $1.5 million in respect of share-based compensation expense in accordance with Statement of Financial Accounting Standards of No. 123 (revised 2004), Share-Based Payment ("SFAS 123R") and $2.5 million acquisition related costs including amortization and impairment of purchased intangible assets, recognized deferred taxation and impairment of goodwill. Non-GAAP net income, excluding the effects of share-based compensation expense and acquisition related costs, was $5.4 million or a $0.14 Non-GAAP EPS Diluted in Q3 2008. Third quarter highlights and recent updates: -- Signed agreement with Microsoft Windows Embedded Business to be an authorized distributor partner in China to expand digital media and industrial control businesses -- Signed supplier partnership with Maxim Integrated Products, Inc. to expand business in industrial applications and digital media markets -- Repurchased a total of 3,735,354 shares with a weighted average of $6.10 per share pursuant to stock repurchase program as of October 31, 2008. Under the stock repurchase program, the Company may repurchase up to 5 million shares of its outstanding common stock on the open market or in negotiated transactions. The company may repurchase 1,264,646 shares in addition to the transactions made between the program's commencement and October 31, 2008. Recent Developments

Jeffrey Kang, CEO of Cogo Group, Inc. commented that in order to turn the unfavorable end market environment to the company's advantage, management adopted a business strategy to expand market share by lowering gross margin in the third quarter. He said, "During the third quarter's economic slowdown, we have focused on expanding market share and increasing revenue. We continued to outperform expectations, delivering over 30% revenue growth in a tough end-market environment. The transition to a lower margin model is now complete, and our business is meeting our expectation for the fourth quarter.

"We believe that the fourth quarter of 2008 will offer stable demand in both the mobile handset and digital media end-markets and seasonally strong growth in the telecommunications equipment and new industrial application businesses. Although the current financial market and the slowdown in the global economy have adversely impacted our end-markets, because of our diverse customer base (1,188 active customers in Q3) and product offerings, as well as swift implementation of a down-market strategy, we managed to continue to grow in the second half of 2008. We remain optimistic regarding the company's projected revenue growth of approximately 30% in 2008.

"The outlook for 2009 seems to be that of another challenging year, but we see great opportunities. The global financial crisis and slowdown in demand will likely impact Cogo's end-markets. However, we remain encouraged by a softened monetary policy in China and the government's administrative measures to stimulate the economy. Cogo plans to continue its growth by increasing the average sales price (ASP) in its existing mobile handsets and digital media end-markets and aggressively expanding into new end-markets through acquisitions. In addition to its existing supplier partnerships, the company has recently signed new agreements with Microsoft, Maxim and a few others. We will continue to increase the number of supplier partnerships to enrich our solution portfolios. Cogo expects organic growth coupled with the current acquisition to help it achieve its 2009 growth target. In the event of an expected continued economic downturn, Cogo will take advantage of weakened competition and leverage its unique business model and large net cash position to support sustainable growth in 2009."

Financial Results

Revenue for the third quarter was $74.8 million, an increase of 33.3% compared to $56.1 million reported for the same period last year. The revenue breakdown is as follows: $26.2 million, or 35.0% of total sales, for mobile handsets, representing a 13.2% increase year-over-year; $22.4 million, or 29.9% of total sales, for telecommunications equipment, representing a 36.0% increase year-over-year; and $22.5 million, or 30.1% of total sales, for digital media products, representing a significant increase of 65.4% year-over-year.

The Company's service business contributed $0.7 million in revenue for the third quarter and accounted for approximately 0.9% of total sales, representing a decrease of 76.4% year-over-year. During the quarter, Cogo generated revenue of $3.1 million from component sales relating to the Industrial Application Business, which includes industrial solutions targeted at the Green Energy and Auto-electronics sectors, amounting to 4.1% of total revenue.

Cost of sales, which includes the aggregate purchase cost of components from suppliers and the direct cost of services, was $64.5 million compared to $45.2 million, representing an increase of 42.7% year-over-year. Gross profit for the third quarter was $10.3 million, down 5.3% compared to $10.9 million during the third quarter of last year. Gross margin for the third quarter decreased to 13.8% compared to 19.5% reported during the third quarter of 2007, due to the unfavorable product mix reflecting growing demands in the lower gross margin low-end segment of the handset market.

Selling, general and administrative expenses totaled $8.1 million, up 77.1%, compared to $4.6 million reported for the third quarter of last year. The increase was mainly attributable to the increased amortization and impairment of intangible assets, exchange loss and impairment of goodwill of Shanghai E & T, and was offset in part by a decrease in bad debt provision. Research and development (R&D) expenses increased by 49.7% to $2.1 million compared to $1.4 million in the third quarter of 2007. The increase was attributable to a rise in R&D personnel related costs and additional expenditure in new market development. Capital expenditure was $0.9 million compared to $1.0 million during the same quarter in the prior year. The drop was attributable to a decrease in the purchase of properties and equipment. Depreciation was $1.0 million compared to $0.5 million reported in the third quarter of 2007.

Income from operations was $0.1 million, down 97.1% as compared to $4.9 million for the third quarter of 2007. Operating margin for the third quarter was 0.2% versus 8.8% for the third quarter of 2007. Excluding the effects of share-based compensation and acquisition related costs, Non-GAAP operating margin would have been 6.1% for the third quarter of 2008, compared to 11.8% for the same period in 2007. There was a net income tax benefit of $0.3 million during the third quarter, compared to an income tax expense of $0.5 million reported in the same period of 2007. The significant change in income taxes was mainly attributed to the settlement of deferred tax liabilities of $0.4 million for the quarter ended September 30, 2008. Minority interests' share of income was $0.1 million, similar to the result reported over the same period in 2007.

Net income for the third quarter was $1.4 million or EPS Diluted of $0.04 on a U.S. GAAP basis, compared to net income of $5.5 million, or EPS Diluted of $0.14 in the third quarter of 2007. Included in net income for the quarter was an amount of $1.5 million for share-based compensation expenses and $2.5 million for acquisition related costs including amortization and impairment of purchased intangible assets, recognized deferred taxation and impairment of goodwill. Excluding the stock-based compensation expense and acquisition related costs including amortization and impairment of purchased intangible assets, recognized deferred taxation and impairment of goodwill, the Company would have reported a net income of $5.4 million or $0.14 Non-GAAP EPS Diluted for the third quarter. The weighted average number of shares used in the calculation of EPS Diluted was 39.2 million compared to 39.5 million in the third quarter of 2007, mainly due to shares bought back under the current stock repurchase program.

For the nine-month period ended September 30, 2008, the Company reported revenue of $205.9 million, an increase of 34.2% compared to $153.4 million reported during the same period in 2007. Gross profit was $34.9 million, an increase of 17.7% compared to $29.6 million reported during the same period in 2007. Gross margin was 16.9% of sales, compared to a gross margin of 19.3% for the same period last year. Net operating expenses were $24.0 million, an increase of 55.0% as compared to $15.5 million for the same period last year. Income from operations was $10.9 million, a decrease of 23.0% from the $14.2 million reported during the prior year period. Non-GAAP operating margins, excluding share-based compensation expense and acquisition related costs, were 9.8%, down 18.2% as compared to the same period last year, as a result of the lower gross margin. The Company had an effective tax rate of 3.7% compared to 8.6% during same period of the prior year. The significant change in income taxes was mainly attributed to the settlement of deferred tax liabilities of $0.9 million for the nine-months ended September 30, 2008. There was $0.1 million minority interests' income during the nine-month period, compared to $0.4 million for the nine months ended September 30, 2007. Net income for the three-quarter period decreased slightly by 7.5% to $13.4 million, or $0.33 per fully diluted share compared to $14.4 million or $0.39 per fully diluted share for the same period last year.

Balance Sheet

As of September 30, 2008, the Company completed the quarter with cash of $117.1 million, down slightly from $122.5 million at the end of June 30, 2008, attributable to payment of an acquisition consideration and a stock repurchase program. Inventory decreased slightly from $15.2 million as of June 30, 2008 to $20.9 million as of September 30, 2008. The Company continues to be in a strong financial position with a current ratio of 4.1 to 1. Inventory turnover was 30 days. Receivables were collected in an average of 91 days. Operating cash flows for the quarter ended September 30, 2008 were positive at $11.4 million. Intangible assets increased slightly to $22.8 million at the end of September 30, 2008 as compared to $19.8 million at the end of June 30, 2008. Goodwill was $17.2 million at the end of September 30, 2008. Shareholders' equity was $210.9 million as of September 30, 2008, a slight decrease from $217.5 million as of June 30, 2008.

Business Outlook

Based on current visibility, management provides fourth quarter guidance of $80-82 million in revenue with Non-GAAP EPS Diluted estimated at $0.18.

Mr. Kang commented, "Cogo has been able to create a pattern of sustainable and solid growth over the past five years because of our ability to identify growing industries, expanding our customer base, and generating repeat revenue from our customers. In Q3, our client base grew 3% to 1,188 active customers, with Average Revenue per User (ARPU) of $63 thousand, up almost 7% quarter-over-quarter. By strategically decreasing the weight of the mobile business while continuing to expand our customer base and increasing ARPU, particularly in new high growth industries, management is committed to driving sustainable high growth and providing significant returns to our shareholders. With our in-depth knowledge of the industry and strategic market insights, I am confident that management can implement a sound approach quickly to address any challenges we may face going forward."

Teleconference Information Cogo 2008 Q3 Earnings Results Conference Call Date/ Time: November 6, 2008 (Thursday) @ 4:30 PM (ET) Conference Call: US/ Canada Toll-Free: 1-800-762-8908 International: +1 (480) 248-5081 Webcast/ Audio Recording: http://viavid.net/dce.aspx?sid=0000576B. Replay: US/ Canada Toll-Free: 1-800-406-7325 (Passcode: 3932201) International: +1 (480) 590 3030 (Passcode: 3932201) About Cogo Group, Inc.:

Cogo Group, Inc. is a leading provider of customized module and subsystem design solutions in China. The Company believes it acts as a proxy to China's technology industry as it works with virtually all the major ODMs and OEMs in China. Cogo leverages these relationships and combines their IP to create designs that Cogo then sells to electronic manufacturers. These designs allow manufacturers to reduce their time to market for new products and ultimately increase sales. Cogo Group focuses on the mobile handset, telecommunications equipment and digital media end-markets for their customized design modules while also offering business and engineering services to their large telecommunications equipment vendor customers. Over the last twelve years, Cogo has grown its customer list to include more than 1,000 manufacturers across the mobile handset, telecommunications equipment, industrial and consumer markets, covering both multinational Chinese subsidiaries and Chinese domestic companies.

For further information: Investor Relations http://www.comtech.com.cn/investorinfo.html communications@comtech.com.cn H.K.: +852 2730 1518 U.S.: +1 (646) 291 8998 Fax: +86 755 2674 3522 Safe Harbor Statement:

This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include statements about our proposed discussions related to our business or growth strategy such as growth in digital media, mobile handset and telecommunications businesses, such as business with Microsoft and Maxim, as well as our potential acquisitions which are subject to change. Such information is based upon expectations of our management that were reasonable when made, but may prove to be incorrect. All such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. For further descriptions of other risks and uncertainties, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings, including our most recent Forms S-1 and/or S-3. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/.

About Non-GAAP Financial Measures:

To supplement Cogo's consolidated financial results presented in accordance with GAAP, Cogo uses the following measures defined as Non-GAAP financial measures by the SEC: 1) Non-GAAP net income, which is net income excluding share-based compensation expenses and acquisition related costs such as amortization and impairment of purchased intangible assets, 2) Non-GAAP basic and diluted earnings per share, which is basic and diluted earnings per share excluding share-based compensation expenses and acquisition related costs such as amortization and impairment of purchased intangible assets, 3) Non-GAAP income from operation, which is income from operation excluding share-based compensation expenses and acquisition related costs such as amortization and impairment of purchased intangible assets and 4) Non-GAAP operating margin, which is operating margin excluding share-based compensation expenses and acquisition related costs such as amortization and impairment of purchased intangible assets. The presentation of these Non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these Non-GAAP financial measures, please see the table captioned "Reconciliations of Non-GAAP measures to the most comparable GAAP measures" set forth at the end of this release.

Cogo believes that these Non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based expenses and acquisition related costs such as amortization and impairment of purchased intangible assets that may not be indicative of its operating performance from a cash perspective. Cogo believes that both management and investors benefit from referring to these Non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These Non-GAAP financial measures also facilitate management's internal comparisons to Cogo's historical performance and liquidity. Cogo computes its Non-GAAP financial measures using the same consistent method from quarter to quarter. Cogo believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using Non-GAAP net income, Non-GAAP basic and diluted earnings per share, Non-GAAP income from operation and Non-GAAP operating margin is that these Non-GAAP measures exclude share-based compensation charge and acquisition related costs such as amortization and impairment of purchased intangible assets that have been and will continue to be for the foreseeable future a recurring expense in our business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each Non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to Non-GAAP financial measures.

Tables Attached COGO GROUP, INC. and SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME FOR THE QUARTERS ENDED SEPTEMBER 30, 2008 AND 2007 (in thousands, except share data) Three Months Three Months Three Months Ended Ended Ended September 30, September 30, September 30, 2008 2008 2007 $'000 RMB'000 RMB'000 Net revenue Product sales 74,099 503,128 398,319 Services revenue 695 4,717 22,029 74,794 507,845 420,348 Cost of sales Cost of goods sold (63,912) (433,954) (323,106) Cost of services (541) (3,674) (15,409) (64,453) (437,628) (338,515) Gross profit 10,341 70,217 81,833 Selling , general and administrative expenses (8,058) (54,718) (34,101) Research and development expenses (2,143) (14,550) (10,732) Other net operating income 1 8 52 Income from operations 141 957 37,052 Interest expense (28) (191) (352) Interest income 1,085 7,366 9,042 Income before income taxes and minority interests 1,198 8,132 45,742 Income tax benefit / (expense) 285 1,936 (3,977) Income before minority interests 1,483 10,068 41,765 Minority interests (106) (717) (727) Net income 1,377 9,351 41,038 Earnings per share $ RMB RMB - Basic 0.04 0.24 1.07 - Diluted 0.04 0.24 1.04 - Basic 38,869,625 38,348,566 - Diluted 39,233,125 39,541,644 COGO GROUP, INC. and SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2008 AND DECEMBER 31, 2007 (in thousands, except share data) September 30, September 30, December 31, 2008 2008 2007 $'000 RMB'000 RMB'000 Assets Current assets: Cash 117,070 794,894 919,650 Pledged bank deposits 7,000 47,529 51,603 Accounts receivable, net of allowance for doubtful accounts 73,730 500,616 418,329 Bills receivable 4,561 30,968 35,300 Inventories 20,916 142,015 129,892 Prepaid expenses and other receivables 3,343 22,701 18,306 Total current assets 226,620 1,538,723 1,573,080 Property and equipment, net 2,803 19,032 17,848 Intangible assets, net 22,826 154,985 148,659 Investment in an affiliated company 61 416 416 Goodwill 17,165 116,549 99,474 Other assets 209 1,423 1,063 Total Assets 269,684 1,831,128 1,840,540 Liabilities and stockholders' equity Current liabilities: Trade accounts payable 30,542 207,379 174,628 Bank borrowings - - 9,080 Amounts due to related parties - - 1,403 Income taxes payable 1,737 11,792 6,957 Accrued expenses and other liabilities 22,056 149,759 169,046 Deferred income taxes 721 4,896 4,071 Total current liabilities 55,056 373,826 365,185 Deferred income taxes 2,997 20,351 21,487 Total liabilities 58,053 394,177 386,672 Minority Interest 728 4,944 - Stockholders' equity Common stock Par value: USD 0.01 Authorized: 200,000,000 Shares; Issued and outstanding: 38,676,072 shares in 2008 and 38,496,167 shares in 2007 466 3,162 3,150 Treasury stock- 2,515,036 shares, at cost (17,149) (116,441) - Additional paid-in capital 167,398 1,136,616 1,085,459 Retained earnings 76,446 519,062 428,333 Accumulated other comprehensive loss (16,258) (110,392) (63,074) Total stockholders' equity 210,903 1,432,007 1,453,868 Total liabilities and stockholders' equity 269,684 1,831,128 1,840,540 COGO GROUP, INC. and SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES TO THE MOST COMPARABLE GAAP MEASURES FOR THE QUARTERS ENDED SEPTEMBER 30, 2008 AND 2007 (in thousands, except share data) Three Months Ended September 30 2008 2007 $'000 $'000 Net Income GAAP net income 1,377 5,477 Share-based compensation expense 1,506 1,351 Acquisition related costs - amortization and impairment of purchased intangible assets, recognized deferred taxation and impairment of goodwill 2,487 300 Non-GAAP net income 5,370 7,128 Income from operation GAAP income from operations 141 4,945 Share-based compensation expense 1,506 1,351 Acquisition related costs - amortization and impairment of purchased intangible assets 2,884 300 Non-GAAP income from operation 4,531 6,596 Operating Margin GAAP operating margin 0.2% 8.8% Non-GAAP operating margin 6.1% 11.8% Earnings per share $ $ GAAP net income per common share- Basic 0.04 0.14 GAAP net income per common share- Diluted 0.04 0.14 Non-GAAP net income per common share- Basic 0.14 0.19 Non-GAAP net income per common share- Diluted 0.14 0.18 Weighted average number of common shares outstanding Non-GAAP net income per common share- Basic 38,869,625 38,348,566 Non-GAAP net income per common share- Diluted 39,233,125 39,541,644

Cogo Group, Inc.

CONTACT: Investor Relations of Cogo Group, Inc., H.K., +852 2730 1518,
U.S., +1-646-291-8998, Fax, +86 755 2674 3522, communications@comtech.com.cn

Web site: http://www.comtech.com.cn/

Intrusion Inc. Announces Financial Release Date and Conference Call

RICHARDSON, Texas, Nov. 6 /PRNewswire-FirstCall/ -- Intrusion Inc. (BULLETIN BOARD: INTZ) , ("Intrusion") will announce third quarter 2008 financial results on Wednesday, November 12, 2008. The press release will be published over the wire services after the market closes. The release will also be available on the company's web site at http://www.intrusion.com/. Intrusion management will review the Company's financial and operational progress for the third quarter 2008 during a conference call later that day at 4:00 P.M., CST.

Interested investors can access the call at 1-800-399-2043 (outside the United States, please dial 1-706-634-5518) at 4:00 P.M., CST. For those unable to participate in the live conference call, a replay will be accessible beginning November 12, 2008 at approximately 7:00 P.M., CST until November 19, 2008 by calling 1-800-642-1687 (if outside the United States, 1-706-645-9291). At the replay prompt, enter conference identification number 72786290. In addition, a live and archived audio webcast of the conference call will be available at http://www.intrusion.com/.

About Intrusion Inc.

Intrusion Inc. is a global provider of data leak prevention, regulated information compliance, entity identification systems, and network intrusion prevention and detection solutions. Intrusion's product families include the Compliance Commander(TM) for data leak prevention and regulated information compliance, TraceCop identification and location system, and Intrusion SecureNet(TM) for network intrusion prevention and detection. Intrusion's products help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. For more information, please visit http://www.intrusion.com/.

Contact Michael L. Paxton, VP, CFO 972.301.3658, mpaxton@intrusion.com

Photo: http://www.newscom.com/cgi-bin/prnh/20030703/INTRUSIONLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Intrusion Inc.

CONTACT: Michael L. Paxton, VP, CFO of Intrusion Inc., +1-972-301-3658,
mpaxton@intrusion.com

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

Novellus Announces Availability and Timing of Mid-Quarter Update Conference Call Webcast for Fourth Quarter 2008

SAN JOSE, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. , today announced that it will provide its mid-quarter update for the fourth quarter 2008 in a conference call to be held Thursday, November 20, 2008, beginning at 1:30 p.m. PST. The call will be available via an audio webcast that can be accessed on Novellus' Investor Relations home page, located at http://www.novellus.com/. A replay of the webcast will be available for seven days following the conference call.

About Novellus:

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

Novellus Systems, Inc.

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

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

AT&T Reports Largest Text Messaging Spike in Company History on Election NightText Messaging Volumes Jumped 44 Percent Following the 11 p.m. ET Announcement

DALLAS, Nov. 6 /PRNewswire-FirstCall/ -- As media called the presidential race on Tuesday, Americans fired off text messages at a record pace. AT&T Inc. today reported that in the hour following the announcement, text messaging traffic across its network surged about 44 percent -- the highest spike in company history.

Tuesday night's jump in text messaging volume smashed previous spikes in text messaging reported by AT&T. For example, the peak transactions per second following Tuesday's announcement was significantly higher than the peak transactions per second logged for the most recent New Year's Eve, a day that consistently ranks among the busiest texting days for AT&T.

"The spike on Tuesday night rang true for us," said Mark Collins, vice president of Voice and Data Services, AT&T Mobility & Consumer Markets. "Texting has become so valuable a communication tool that it is how people are sharing thoughts and information and connecting with each other in even the most important moments."

Text messaging became the ubiquitous language of politics for young people this election cycle. Throughout the election, AT&T worked to advance public discourse through text messaging and mobile technology, teaming up with Rock the Vote to drive voter registration and turnout among young adults ages 18-29, in particular. For example, the two organizations launched a short code that let youth opt in to receive election information and reminders via text.

A recent Nielsen study reported that U.S. consumers now use their cell phones for text messaging more often than for talking. In third quarter 2008 earnings, AT&T reported that more than 64 billion text messages crossed its network. The company also recently launched a new line of quick messaging phones that are designed to make texting faster and easier.

For more information on AT&T's messaging plans and quick messaging phones, visit http://www.att.com/textmessaging.

The percentage increase in text messaging traffic for election night was calculated by comparing day-of peak messages per second with the average messages per second peak for the previous five days.

About AT&T

AT&T 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/.

AT&T Inc.

CONTACT: Heather Buffington of Fleishman-Hillard, +1-404-986-1805,
hbuffington@attnews.us, for AT&T

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

ICE Announces Thanksgiving Holiday Trading Schedule

ATLANTA, Nov. 6 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. , a leading operator of global regulated exchanges and over-the-counter (OTC) markets, announced the 2008 Thanksgiving holiday trading schedule for its futures exchanges: ICE Futures U.S.(R), ICE Futures Europe(R) and ICE Futures Canada(TM).

ICE Futures U.S. AGRICULTURAL PRODUCTS* DATE OPEN OUTCRY** ELECTRONIC TRADE Wednesday, Regular Hours Early Close - November 26 2:15pm ET Thursday, Closed Closed November 27 Friday, Early Close - Early Close - November 28 1:00pm ET 1:00pm ET FINANCIAL PRODUCTS (Currency Pairs - ICE U.S. Dollar Index(R)) DATE OPEN OUTCRY** ELECTRONIC TRADE Wednesday, Regular hours Early Close - 5:00pm ET November 26 Thursday, Closed Early Close - 1:00pm ET November 27 Friday, Early Close - 1:15pm ET Early Close - 1:15pm ET November 28 STOCK INDEX PRODUCTS (NYSE Composite Index(R) - Russell Indexes) DATE OPEN OUTCRY** ELECTRONIC TRADE Wednesday, Regular Hours Early Close - 4:15pm ET November 26 Thursday, Closed Early Close - November 27 11:30am ET Friday, Early Close - 1:15pm ET Early Close - 1:15 pm November 28 *Including RJ/CRB and CCI contracts **For those options contracts which continue to trade on the floor ICE Futures Europe DATE ELECTRONIC TRADE Thursday, Oil Markets for ICE Brent, ICE WTI, ICE Middle East November 27 Sour Crude, ICE Heating Oil, and RBOB close at 1:30pm ET with early settlement; ICE Gasoil closes early at 1:30pm ET; Regular Hours for emissions and utility products. TRS is open until 2:20pm ET on November 27 and November 28. Help Desk support ends at 2:00pm ET on November 27 and November 28. ICE Futures Canada and ICE OTC hours remain unchanged. Detailed Holiday Trading Hours are available on the ICE website at: U.S.: http://tinyurl.com/69l4tu . Europe: https://www.theice.com/publicdocs/circulars/08093.pdf About IntercontinentalExchange

IntercontinentalExchange(R) operates regulated global futures exchanges and over-the-counter (OTC) markets for agricultural, energy, equity index and currency contracts, as well as credit derivatives. ICE(R) offers these markets to participants around the world through its technology infrastructure and trading platform, together with clearing, market data and risk management services. ICE Futures Europe(R) is ICE's regulated energy futures exchange. ICE's regulated North American exchanges, ICE Futures U.S.(R) and ICE Futures Canada(TM), offer markets for agricultural and financial contracts. Creditex, a market leader in trade execution and processing for credit derivatives, is also a wholly-owned subsidiary of ICE. A member of the Russell 1000(R) and S&P 500 indices, ICE is headquartered in Atlanta, with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and Singapore. http://www.theice.com/ .

IntercontinentalExchange, Inc.

CONTACT: Investor Contacts: Kelly Loeffler, VP, Investor Relations &
Corp. Communications, +1-770-857-4726, kelly.loeffler@theice.com, Sarah
Stashak, Director, Investor & Public Relations, +1-770-857-0340,
sarah.stashak@theice.com both of IntercontinentalExchange; or Media Contact:
Ellen G. Resnick, +1-773-929-9292 (o); +1-312-399-9295 (c),
eresnick@crystalclearPR.com of Crystal Clear Communications

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

ParkerVision Technical Conference Papers Available on Website

JACKSONVILLE, Fla., Nov. 6 /PRNewswire-FirstCall/ -- ParkerVision, Inc. , today added a link to its website to enable download of the materials presented by CTO David Sorrells and Chief Staff Scientist Greg Rawlins at the 38th Annual European Microwave Conference (EuMC).

The downloads include the submitted conference paper entitled "Using an IQ Data to RF Power Transmitter to Realize a Highly-Efficient Transmit Chain for Current and Next-Generation Mobile Handsets," and the accompanying presentation with added presenter notes. These downloads are available at http://www.parkervision.com/.

Chairman and Chief Executive Officer, Jeffrey Parker stated, "We are pleased to be able to share the fundamentals of our d2p(TM) theory and some of the thought processes that were used to develop this important body of work, where our team married the concept of maximum energy transfer (efficiency) to the development of a practical realization in mobile wireless devices. The timing of our paper is ideal as it aligns with the maturing of our intellectual property portfolio and as we prepare to deliver volume-readied silicon for 3G handsets. Industry leaders will be able to correlate between the theory and the practical realization of our technology's benefits in today's and tomorrow's handsets."

About ParkerVision:

ParkerVision, Inc. designs, develops and sells its proprietary RF technologies which enable advanced wireless communications for current and next generation mobile communications networks.

Its solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks.

ParkerVision is headquartered in Jacksonville, Florida. (PRKR-I) Safe Harbor Statement

This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties which are disclosed in the Company's SEC reports, including the Form 10-K for the year ended December 31, 2007 and the Forms 10-Q for the quarters ended March 31, 2008 and June 30, 2008. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.

ParkerVision, Inc.

CONTACT: IR Contacts, Paul Henning of Cameron Associates,
+1-212-245-8800, paul@cameronassoc.com; or Carolyn Wrenn of ParkerVision,
Inc., 1-888-690-7110, cwrenn@parkervision.com; or Press Contacts, Lisa
Ballard, +1-404-266-2060, ext. 16, lballard@calysto.com, or Joan R. Naidish,
+1-404-266-2060 ext. 18, jnaidish@calysto.com, both of Calysto Communications

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

Verizon Wireless Marks Domestic Violence Awareness Month with Community Activities NationwideCompany Awards Nearly $150,000 to Local Organizations, Honors HopeLine Heroes, and Partners with Sports Teams to Collect Phones Among Other Efforts

BASKING RIDGE, N.J., Nov. 6 /PRNewswire/ -- Verizon Wireless, a recognized corporate leader in domestic violence awareness and prevention, put its technology to work for domestic violence victims during October, highlighting its HopeLine(R) phone recycling program as part of Domestic Violence Awareness Month (DVAM) activities.

Verizon Wireless partnered with sports teams, local governments and universities across the country to sponsor events and hold phone drives to raise awareness of domestic violence and collect no-longer-used wireless phones to benefit survivors. Across the country, the company also presented HopeLine grants totaling nearly $150,000 and honored two HopeLine Heroes for their work on behalf of victims.

Some of Verizon Wireless' efforts during DVAM included:

Partnerships with colleges and universities to raise awareness of domestic violence:

-- Rutgers University in New Jersey introduced UHopeLine, establishing permanent cell phone recycling points on campus. -- Best-selling author and empowerment specialist Yasmin Davidds shared her story of survival with students at several colleges and universities in the Western United States and discussed domestic violence in the Latino community. -- Verizon Wireless continued its sponsorship of the Red Flag college campus campaign in Virginia to build awareness of the signs of partner violence. Phone drives at sporting events: -- Several professional football teams, including the Denver Broncos and the Buffalo Bills, hosted phone recycling drives at Sunday afternoon games. -- Several schools, including the University of Texas -- El Paso and the University of Wyoming, conducted phone collections during college football weekends.

Presentation of nearly $150,000 in donations made to organizations that support domestic violence prevention programs such as:

-- Five San Francisco Bay Area organizations in the Asian-American community: Asian Americans for Community Involvement, Asian Women's Shelter, Chinese Community Health Resource Center, Korean Community Center of the East Bay and Maitri. -- Friendship Home in Nebraska that provides 24-hour emergency shelter, transitional housing and programs for families of domestic violence. -- Albion Fellows Bacon Center in Indiana to makeover the organization's playground area, presented as a grant from the Indiana Pacers Foundation and Verizon Wireless.

Sponsorship and participation in many community events to increase awareness of domestic violence, including:

-- The Montgomery County Women's Center 2nd Annual "Walk a Mile in Her Shoes" event in Texas. -- The Clothesline Project in Mobile, Ala., and throughout Florida.

HopeLine Hero Awards presented to the following individuals for their ongoing efforts to prevent domestic violence and support those scarred by domestic abuse:

-- Florida Governor Charlie Crist. -- Yolanda B. Jimenez, commissioner of the New York City Mayor's Office to Combat Domestic Violence.

HopeLine is Verizon Wireless' exclusive year-round phone recycling and reuse program that collects no-longer-used wireless phones, batteries and accessories in any condition from any wireless service provider to benefit victims of domestic violence. Proceeds from the HopeLine program are used to provide wireless phones and cash grants to local shelters and non-profit organizations that focus on domestic violence prevention and awareness.

For more information about Verizon Wireless and the HopeLine program, visit http://www.verizonwireless.com/hopeline.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 70.8 million customers. Headquartered in Basking Ridge, N.J., with 71,000 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: Terri Stanton of Verizon Wireless, +1-908-559-7513,
Terri.Stanton@verizonwireless.com

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

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

Xilinx at Electronica 2008What: Xilinx demonstrates programmable logic solutions at Electronica 2008Where: New Munich Trade Fair Centre, Munich, Germany, Booth #Hall A4-107When: November 11 - 14, 2008

DUBLIN, Ireland, Nov. 6 /PRNewswire/ -- Xilinx, Inc. announced today its participation at Electronica 2008, set in Munich, Germany from November 11-14. Xilinx will exhibit its leading programmable logic solutions enabling the latest electronics technology with in-booth demonstrations focusing on automotive, industrial networking, machine vision and surveillance applications.

Xilinx In-Booth Demonstrations -- Driver Assistance Processing Algorithms Demonstration of a Lane Departure Warning Image Pre-Processor, illustrating the transition from PC-based image analytics algorithms to FPGA-based hardware. A lane marker detection algorithm processed on a Spartan(R)-3A DSP device showcases a FGPA implementation method utilizing Xilinx System Generator for DSP software as a plug-in toolbox for The Mathworks Simulink(R) modelling environment. Also highlights accelerated algorithm testing with hardware co-simulation performance. -- Hybrid Instrument Clusters Demonstration of a hybrid cluster development platform that supports a broad range of I/O standards, multiple configurations and extensive design reuse. Enabled by the Xilinx Spartan-3E FPGA and MicroBlaze(TM) soft core processor on a Xylon LogiCRAFT3 development board, applications include integrating stepper motor control of analog gauges with graphics controllers for digital displays. -- Reconfigurable Instrument Clusters Reconfigurable cluster combines traditional dashboard information in a digital format with full digital display of driver assistance information. Demonstrates the flexibility and system integration capabilities of programmable platforms using rear view camera in vehicle-reverse application. Features XA Spartan-3A DSP FPGA with application-specific IP for multiple LCD displays and camera-based image processing. -- Automotive Video and Data Recorder (VADR) Demonstration of a comprehensive solution for real-time processing of live camera images and previously recorded data that leverages Xilinx Spartan-3 Series FPGA devices in image sharpening, low pass filtering, sobel edge detection, local area processing, and optical flow measurements. -- Eutecus Multi-core Video Analytics Engine Development Kit Demonstration of a video analytics development platform using the Xilinx Video Starter Kit for smart video applications including: real-time analysis of SD/HD video streams simultaneously detecting trespassing, left/stolen objects, people counting and loitering -- driven by Xilinx Spartan-3A DSP FPGAs. -- EtherCAT Industrial Ethernet Fieldbus System Demonstration of an open, deterministic, real-time and full-duplex protocol for industrial automation with minimal protocol overhead via implicit addressing and an optimized telegram structure for decentralized I/O - driven by Xilinx Spartan-3E FPGA devices. -- SERCOS III Real-time Network System Demonstration of a high speed, deterministic network protocol IP for motion and I/O control based on the digital drive interface specified by IEC61491 over an Ethernet infrastructure -- driven by Xilinx Spartan 3E FPGA devices. About Electronica 2008

Electronica the international tradeshow for the electronics industry showcasing components, systems, applications and technologies in fields ranging from automotive, wireless to medical. For more information about the show, please visit http://www.electronica.de/

About Xilinx

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

#0888e

Editorial Contact: Christelle Moraga PR Manager, Xilinx EMEA Tel: 00 44 1932 836 526 Email: cmoraga@xilinx.com

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

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

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

CONTACT: Christelle Moraga, PR Manager of Xilinx EME, 00 44 1932 836 526,
cmoraga@xilinx.com

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

Image Sensing Systems Founder Michalopoulos Wins ITS Award

ST. PAUL, Minn., Nov. 6 /PRNewswire-FirstCall/ -- Image Sensing Systems, Inc. , world leading developer of Intelligent Transportation Systems (ITS) computer enabled detection technology, announced today the presentation of an IEEE (Institute of Electrical and Electronics Engineers) ITS Society award to Image Sensing Systems, Inc. founder, Dr. Panos Michalopoulos.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO)

The 2007 IEEE Outstanding ITS Application Award cited Dr. Michalopoulos as follows: "For developing the Autoscope product, the most widely used video detection sensor in ITS projects worldwide, used in collecting detailed traffic measurements and simultaneous video recording for testing and validating dynamic traffic flow models, control strategies, and other technologies."

The award was presented in October at the 2008 IEEE Conference on ITS in Beijing, China. Dr. Michalopoulos is a professor of transportation and traffic engineering at the University of Minnesota and serves on the Board of Directors at Image Sensing Systems, Inc.

About Image Sensing

Image Sensing Systems, Inc. is a technology company specializing in software-based detection solutions for the Intelligent Transportation Systems (ITS) sector and adjacent overlapping markets. Our industry leading computer enabled detection (CED) products, including the Autoscope(R) machine-vision family and the RTMS(R) radar family, combine embedded software signal processing with sophisticated sensing technologies for use in transportation and safety/surveillance management. CED is a group of technologies in which software, rather than humans, examines the outputs of complex sensors to determine what is happening in the field of view in real-time. With more than 90,000 instances sold in over 60 countries worldwide, our depth of experience coupled with breadth of product portfolio uniquely positions us to provide powerful hybrid technology solutions and to exploit the convergence of the traffic, security and environmental management markets. We are headquartered in St. Paul, Minnesota. Visit us on the web at imagesensing.com.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com Image Sensing Systems, Inc.

CONTACT: Erik Wood, Marketing Specialist of Image Sensing Systems, Inc.,
+1-651-603-7704

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

IGT's Multi-Layer Display(R) Technology Takes Center Stage at G2EFlexible MLD(R) technology with REELdepth(TM) 3-D games allows for unprecedented spinning reel and video game offerings on one machine

RENO, Nev., Nov. 6 /PRNewswire-FirstCall/ -- IGT announced that its exclusive REELdepth(TM) Multi-Layer Display(R) (MLD(R)) technology will take Center Stage at the Global Gaming Expo in Las Vegas, November 18-20. IGT's Winners Choice(R) Multi-Game slots with MLD(R) are available on IGT's AVP(R) machines and ready for purchase today.

Only from IGT, the patented MLD(R) technology with IGT's "Reel Flex" feature allows the player to view and play dozens of their favorite games by switching from a 3-reel to 4-reel to 5-reel to video reel to poker within seconds -- all on the same AVP(R) machine. A player can also switch to and from a non-progressive feature to a progressive feature by just choosing another game on the same AVP(R) machine.

"Players no longer have to search the casino floor for their favorite game. The virtual slot reels in REELdepth(TM) games emulate the look, sound and feel of the older IGT 'legacy' mechanical reel counterparts, so players immediately feel comfortable playing them," said Ryan Griffin, Product Manager for IGT's Standard games.

"MLD(R) technology with REELdepth(TM) allows the casino operator to change games without having to convert to expensive and time-consuming reel shelves, physical reel strips, button panels, inserts, pay table glass, and game software," added Griffin. "The new technology also eliminates the need for in-machine third-party progressive meters and progressive controllers, since it has the capability to display up to three digital meters in the top box. Unlike any of IGT's competitors, IGT's MLD(R) technology allows players to toggle from game-to-game offering different math models -- all on the same AVP(R) machine. Now operators can build a Multi-Game of their choice, ranging from volatile to sustaining time-on-device experiences.

"The possibilities of MLD(R) REELdepth(TM) on our AVP(R) machines, with Multi-Game capability, are endless. Our huge library of game choices gives operators flexibility that no one else can offer," he added. "And players love the true 3-D game play of REELdepth(TM). Players can change from spinning-reel to video games right at their seats."

"The overall performance of the REELdepth(TM) units initially installed has exceeded all of our expectations," said Robert Allen, Corporate Vice President of Slot Operations for Grand Casinos. "It presents to the player what is arguably the best slot game experience to date. REELdepth(TM) embodies much of what is best about IGT -- forward-looking technology and engineering, design and application of game content with artistic flair, and the full gamut of great slot games."

REELdepth(TM) on Winner's Choice(R) Multi-Game slots is offered on IGT's new G MLD(R) and S MLD(R) machine models, using MLD(R) technology. All games in the REELdepth(TM) line are ready for server-based gaming today, but operators do not need a server-based system to run the games or the unique 3-D technology.

About REELdepth(TM) and Multi-Layer Display(R) (MLD(R)) technology

REELdepth(TM) slots use Multi-Layer Display(R) technology, an ingenious layering of two or more Liquid Crystal Displays (LCDs) that creates the visual effect of true depth without the use of 3-D glasses. IGT is the exclusive partner of PureDepth(TM), Inc., developer of the technology that was originally used in multi-layer maps of war zones, and drives visually enhanced images using real depth for Samsung and Sanyo LCD displays. The MLD(R) technology was recently highlighted at the Society for Information Display's Display Week 2008 as one of the most innovative technical developments.

Statements in this release, which are not historical facts, are "forward looking" statements under the Private Securities Litigation Reform Act of 1995. Although IGT believes that the expectations reflected in any of its forward-looking statements are reasonable, actual results could differ materially from those projected or assumed. IGT's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent known and unknown risks and uncertainties. IGT does not intend, and undertakes no obligation, to update forward-looking statements to reflect future events or circumstances.

Information on risks and factors that could affect IGT's business and financial results are included in our public filings made with the Securities and Exchange Commission.

International Game Technology (http://www.igt.com/) is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and network systems products.

IGT

CONTACT: Ed Rogich, VP Marketing of IGT, +1-702-669-8777,
ed.rogich@IGT.com

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

Sally Beauty Supply Launches Redesigned e-Commerce Site

DENTON, Texas, Nov. 6 /PRNewswire-FirstCall/ -- Sally Beauty Holdings is pleased to announce the unveiling of sallybeauty.com's redesigned site. The previous site served primarily as an information only site, with limited shopping capabilities, while the new site allows for easy online shopping of more than 6,000 beauty items.

"The new sallybeauty.com includes expanded features and functions, easier navigation and an enhanced online loyalty program," comments Mike Spinozzi, President of Sally Beauty Supply LLC. "One of the significant outcomes of the site redesign is the increase in unique visitors to the site."

A new capability of the site is that it recognizes return visitors and personalizes content, prices and navigation panels to reflect information and offers specific to our Beauty Club Card members and our ProCard holders.

Richard BenBassett, Senior Director, e-Commerce for Sally Beauty, adds that the layout of the home page with rotating banners allows for maximum exposure of the latest products and specials while keeping the site visually clean. Product categories, ways to shop and search capabilities have been redefined allowing customers to easily locate products, find expert advice and product recommendations.

Another feature designed to enhance customer engagement is "Ratings and Reviews." Customers can rate and review products on the site allowing visitors to get feedback, which aids in the selection of the best product to suit their needs. This process also engenders a feeling of community between our customers and our brand.

About Sally Beauty Supply

Sally Beauty Supply LLC is the world's largest retailer of professional beauty supplies offering more than 6,000 salon quality products for hair, skin and nails. The company serves its retail customers and salon professionals at over 2,800 stores in the United States, Puerto Rico, United Kingdom, Canada, Germany, Mexico, Ireland, Belgium, France, Spain and Japan. For further information, visit sallybeauty.com or call 1-800-ASK-SALLY for the store nearest you.

About Sally Beauty Holdings, Inc.

Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Through the Sally Beauty Supply and Beauty Systems Group businesses, the Company sells and distributes through over 3,500 stores, including approximately 200 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Belgium, France, Ireland, Spain and Germany. Sally Beauty Supply stores offer more than 5,000 products for hair, skin, and nails through professional lines such as Clairol, L'Oreal, Wella and Conair, as well as an extensive selection of proprietary merchandise. Beauty Systems Group stores, branded as CosmoProf or Armstrong McCall stores, along with its outside sales consultants, sell up to 9,800 professionally branded products including Paul Mitchell, Wella, Sebastian, Goldwell, and TIGI which are targeted exclusively for professional and salon use and resale to their customers. For more information about Sally Beauty Holdings, Inc., please visit http://www.sallybeautyholdings.com/.

Sally Beauty Holdings

CONTACT: Jan Roberts of Sally Beauty Holdings, +1-940-297-2049,
jroberts@sallybeauty.com

Web site: http://www.sallybeautyholdings.com/
http://www.sallybeauty.com/

QSGI to Host Third Quarter 2008 Conference Call on November 13th, 2008

HIGHTSTOWN, N.J., Nov. 6 /PRNewswire-FirstCall/ -- QSGI Inc. (OTC Bulletin Board: QSGI), the only provider of a full suite of information technology services to help corporations better manage hardware assets, maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced that it will release financial results for the third quarter ended September 30, 2008 on November 13, 2008.

QSGI will also host a conference call at 11:00 a.m. Eastern Time on Thursday, November 13, 2008. During the call, Marc Sherman, chairman and chief executive officer, Seth Grossman, president and chief operating officer, and Ed Cummings, chief financial officer, will discuss the Company's quarterly performance and financial results.

The telephone number for the conference call is (201) 689-8049. A live webcast of the call will also be available on the company's website, http://www.qsgi.com/. To listen to the live call online, please visit the site at least 10 minutes early to register, download and install any necessary audio software.

The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for one week by calling (201) 612-7415 and entering account #286, ID #302873. The encore recording will be available two hours after the conference call has concluded.

About QSGI

QSGI provides a full suite of information technology services to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms -- from mainframes, midrange servers and PC, to network infrastructure and enterprise storage hardware, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.

For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling.

Additionally, through its acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider with an extensive list of corporate, educational, and government customers, QSGI also performs network design, implementation, and monthly maintenance services on corporations' networking infrastructure as well as 24/7 IT monitoring and diagnostics through its North American Network Operating Center (NOC).

Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.

QSGI Inc.

CONTACT: David K. Waldman or Klea K. Theoharis, Crescendo
Communications, LLC, +1-212-671-1021, qsgi@crescendo-ir.com, both for QSGI
Inc.

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

Scopus and Optibase Terminate Negotiations

TEL-AVIV, Israel, November 6 /PRNewswire-FirstCall/ -- Scopus Video Networks Ltd. , a provider of digital video networking products, today announced that the previously announced negotiations to acquire the business of Optibase Ltd. , the Company's principal shareholder, have been terminated.

About Scopus Video Networks

Scopus Video Networks develops, markets and supports digital video networking solutions that enable network operators to offer advanced video services to their subscribers. Scopus' solutions support digital television, HDTV, live event coverage and content distribution.

Scopus' comprehensive digital video networking solution offerintelligent video gateways, encoders, decoders and network management products. Scopus' solutions are designed to allow network operators to increase service revenues, improve customer retention and minimize capital and operating expenses.

Scopus' customers include satellite, cable and terrestrial operators, broadcasters and telecom service providers. Scopus' products are used by hundreds of network operators worldwide.

For more information visit: http://www.scopus.net/ FORWARD-LOOKING STATEMENTS

This press release and the letter quoted herein may include "forward-looking statements" that are not purely historical regarding our intentions, hopes, beliefs, expectations and strategies for the future. Forward-looking statements that are based on various assumptions may be identified by the use of forward-looking terminology, such as "may," "expects," "intends," "believes," "view" and similar words and phrases. Such forward-looking statements are inherently subject to known and unknown risks and uncertainties. Actual results could differ materially from those set forth in forward-looking statements due to a variety of factors, including, but not limited to, (1) risks in product and technology development, (2) market acceptance of new products and continuing product demand, (3) the impact of competitive products and pricing, (4) changes in domestic and foreign economic and market conditions, and (5) the other risk factors set forth in our most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Except as required by law, Scopus does not undertake any obligation to update forward-looking statements made herein.

Company Contact: Moshe Eisenberg Chief Financial Officer Tel: +972-3-900-7100 Moshee@scopus.net Investor Relations Contact Ehud Helft / Kenny Green GK Investor Relations Tel: (US) +1-646-201-9246 info@gkir.com

Scopus Video Networks Ltd

CONTACT: Company Contact: Moshe Eisenberg, Chief Financial Officer,
Tel: +972-3-900-7100, Moshee@scopus.net. Investor Relations Contact, Ehud
Helft / Kenny Green, GK Investor Relations, Tel: (US) +1-646-201-9246,
info@gkir.com

Broadcom Awarded 3,000th U.S. PatentMilestone Signifies the Ever-Growing Breadth and Depth of Broadcom's Industry Leading Patent Portfolio

IRVINE, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Broadcom Corporation , a global leader in semiconductors for wired and wireless communications, today announced that it has received its 3,000th issued United States patent, marking a significant milestone in the company's history of developing innovative and highly integrated semiconductor system-on-a-chip (SoC) solutions.

Issued by the U.S. Patent and Trademark Office on November 4th, U.S. patent number 7,447,275 covers a low power, high performance receiver for wireless systems (such as Bluetooth(R)). Broadcom now holds over 3,000 U.S. patents, over 1,300 foreign patents, and more than 7,600 additional pending patent applications.

Broadcom has amassed one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia. In an analysis conducted by an independent firm last fall, IEEE Spectrum magazine ranked Broadcom as having the eighth most powerful patent pipeline among the 1,000+ organizations identified as having the most influential U.S. patent portfolios, and the second most powerful in the semiconductor manufacturing category.

Offering a broad array of advanced solutions for both wired and wireless applications, Broadcom is uniquely positioned to enable the next generation of converged communications devices. Recent strategic R&D investments in new wireless markets have also further broadened Broadcom's portfolio. Wireless technology patents account for approximately one-third of the company's total issued patents today and approximately half of its more recent filings, thus enabling Broadcom to satisfy the increasing demand for new and exciting feature-rich mobile devices.

Broadcom's cutting-edge IP and product portfolio continues to touch millions of people every day around the world -- at work, in the home and while on the go. Examples of some innovative semiconductor technologies from Broadcom's expansive portfolio include:

-- Enterprise switches that help direct voice, video and data in businesses; -- Bluetooth products that enable hands-free cellular phone use; -- Wireless connectivity solutions to power the world's most popular gaming consoles; -- Advanced broadband modem chips that satisfy consumer demand for better and faster distribution of voice, video and data throughout the digital home; and -- Cellular phone products and multimedia technology that enable advanced, next generation features and capabilities with lower power consumption and cost for portable devices.

Since its founding in 1991, Broadcom has developed industry leading technologies and products that have been instrumental in advancing the growth of key segments of the world's wired and wireless communications markets. Broadcom's initial product offerings in the 1990s helped usher in a new era of high-speed communications and networking by powering such devices as the world's first cable modems and cable set-top boxes. In 1999, Broadcom held just five patents. By early 2004 the number grew to over 500. The company received its 1,000th U.S. patent in 2005 and its 2,000th in early 2007. This week's milestone represents a further acceleration in the growth of Broadcom's patent portfolio.

"Our ability to continually innovate at a rapid pace through the advanced design of highly integrated communications ICs has always been a core strength of Broadcom," said Scott A. McGregor, Broadcom's President & Chief Executive Officer. "The advent of our 3,000th patent reflects not only Broadcom's world-class engineering capabilities but also a continuing and ever-growing technology leadership through what we believe is the industry's broadest patent and product portfolio. We congratulate all of our engineers, as well as the many others in the Broadcom family who have played a key role in the patent development process, on this impressive achievement."

About Broadcom

Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom(R) products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).

Broadcom is one of the world's largest fabless semiconductor companies, with 2007 revenue of $3.78 billion, and holds over 3,000 U.S. and over 1,300 foreign patents, more than 7,600 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.

Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com/.

Cautions regarding Forward Looking Statements:

All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. Examples of such forward-looking statements include, but are not limited to, our ability to enable the next generation of communications devices. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

Important factors that may cause such a difference for Broadcom in connection with our patent portfolio, products and technologies include, but are not limited to:

-- the ability of our patents to protect our intellectual property and products; -- our ability to enforce our intellectual property rights; -- intellectual property disputes and customer indemnification claims and other types of litigation risk; and -- our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets.

Additional factors that may cause Broadcom's actual results to differ materially from those expressed in forward-looking statements include, but are not limited to those listed at http://www.broadcom.com/press/additional_risk_factors/Q42008.php.

Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law.

Broadcom(R), the pulse logo, Connecting everything(R), and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Bluetooth(R) is a trademark of Bluetooth SIG, Inc. Any other trademarks or trade names mentioned are the property of their respective owners.

Broadcom Trade Press Contact Broadcom Investor Relations Contact Bill Blanning T. Peter Andrew Vice President, Vice President, Global Media Relations Corporate Communications 949-926-5555 949-926-5663 blanning@broadcom.com andrewtp@broadcom.com

Photo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Broadcom Corporation; BRCM Corporate

CONTACT: Press, Bill Blanning, Vice President, Global Media Relations,
+1-949-926-5555, blanning@broadcom.com, or Investor Relations, T. Peter
Andrew, Vice President, Corporate Communications, +1-949-926-5663,
andrewtp@broadcom.com, both of Broadcom Corporation

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

NFL Network and Verizon Broadband Kick Off One-of-a-Kind Online Experience for Football Fans'NFL Network Game Extra' Provides Special Features for Eight Key NFL Matchups

NEW YORK, Nov. 6 /PRNewswire/ -- Verizon broadband and NFL Network are giving hard-core football fans access to the virtual broadcast booth, enabling them to customize their NFL viewing experience for eight highly anticipated games, and giving them access to a variety of other game-enhancing features as well.

With NFL Network Game Extra, Verizon broadband customers will be able to enjoy the games from multiple camera angles they select. They'll also have online access to up-to-the-minute game statistics, drive chart simulations, on-demand video highlights, live chats with other NFL Network Game Extra viewers and live audio feeds.

A preview of what Verizon TV customers can expect from NFL Game Extra is available at http://www.nfl.com/videos?videoId=09000d5d80c3ead2.

Verizon is the only broadband provider to carry NFL Network games both on TV and online, giving subscribers a unique NFL Network game-watching experience. NFL Network Game Extra is available to customers who subscribe to Verizon's FiOS Internet or High Speed Internet service, with either FiOS TV or DIRECTV through Verizon.

This service is available online to Verizon broadband subscribers through wireline Internet connections, so whether fans are on the road or watching the game away from home, they can take the action with them.

Customers who subscribe to a combination of Verizon TV and broadband services will receive a personalized NFL Network viewing experience with access to the following key games:

-- Denver Broncos @ Cleveland Browns - Nov. 6 -- New York Jets @ New England Patriots - Nov. 13 -- Cincinnati Bengals @ Pittsburgh Steelers - Nov. 20 -- Arizona Cardinals @ Philadelphia Eagles - Nov. 27 -- Oakland Raiders @ San Diego Chargers - Dec. 4 -- New Orleans Saints @ Chicago Bears - Dec. 8 -- Indianapolis Colts @ Jacksonville Jaguars - Dec. 18 -- Baltimore Ravens @ Dallas Cowboys - Dec. 20

"With NFL Network Game Extra, Verizon puts broadband customers in the driver's seat, allowing them to experience unparalleled personal viewing control of their favorite teams as they battle for playoff spots," said Bill Heilig, vice president Verizon broadband connected home services. "Verizon is changing the sports industry by giving subscribers an interactive and unique online and TV football viewing experience."

Verizon's FiOS or High Speed Internet subscribers can enjoy NFL Network programming online, including segments from the popular shows "NFL Total Access" and "Playbook," which offer football fans game analysis and a look at upcoming matchups. Verizon also offers FiOS TV subscribers NFL Network, a year-round channel devoted entirely to the game of football, at no additional cost.

To access the new, online NFL Network programming and content, customers can log on to their Verizon consumer broadband accounts at http://www.verizon.net/nfl. For more information about Verizon FiOS TV and FiOS Internet, customers can visit http://www.verizon.com/fios or call their local Verizon sales office or 888-438-3467. Customers interested in Verizon's High Speed Internet service can call 877-483-5898 or go to http://www.verizon.com/highspeed.

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 71 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of more than 228,000 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Deidre Mulcahy, +1-908-559-3483, deidre.m.mulcahy@verizon.com,
or Cliff Lee, +1-518-396-1095, clifford.p.lee@verizon.com

Web Site: http://www.nfl.com/videos?videoId=09000d5d80c3ead2
http://www.verizon.com/
http://www.verizon.com/fios
http://www.verizon.com/highspeed
http://www.verizon.com/news
http://www.verizon.net/nfl

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

PharmAthene to Host Third Quarter 2008 Conference Call and Webcast on Thursday, November 13, 2008

ANNAPOLIS, Md., Nov. 6 /PRNewswire-FirstCall/ -- PharmAthene, Inc. a biodefense company developing medical countermeasures against biological and chemical threats, announced today that its financial results for the third quarter of 2008 will be released on Thursday, November 13, 2008.

PharmAthene management will be hosting a conference call to discuss its third quarter 2008 financial results. The call is scheduled to begin at 4:30 p.m. Eastern Time on Thursday, November 13, 2008 and will last approximately 45 minutes.

The dial-in number for U.S. callers is 800-798-2801 and for international callers is 617-614-6205. The participant passcode is 81927054.

A replay of the conference call will be available for 30 days, beginning at approximately 6:30 p.m. E.T. on November 13, 2008 until approximately 11:50 p.m. E.T. December 13, 2008. The dial-in number for U.S. callers is 888-286-8010, and for international callers is 617-801-6888. The participant passcode is 74215682.

The webcast of the conference call can be accessed from the company's website at http://www.pharmathene.com/ . A link to the webcast may be found on the Investor Relations section of the website.

About PharmAthene, Inc.

PharmAthene was formed to meet the critical needs of the United States and its allies by developing and commercializing medical countermeasures against biological and chemical weapons. PharmAthene's lead product development programs include:

-- SparVax(TM) -- a second generation recombinant protective antigen (rPA) anthrax vaccine -- Third generation rPA anthrax vaccine -- Valortim(R) -- a fully human monoclonal antibody for the prevention and treatment of anthrax infection -- Protexia(R) -- a novel bioscavenger for the prevention and treatment of morbidity and mortality associated with exposure to chemical nerve agents -- RypVax(TM) -- a recombinant dual antigen vaccine for plague For more information about PharmAthene, please visit http://www.pharmathene.com/ . Contact: Stacey Jurchison PharmAthene, Inc. Phone: 410-269-2610 JurchisonS@PharmAthene.com

PharmAthene, Inc.

CONTACT: Stacey Jurchison of PharmAthene, Inc., +1-410-269-2610,
JurchisonS@PharmAthene.com

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

AT&T Customers Connect Faster With New 18 Mbps U-verse High Speed Internet ServiceAT&T Offers More Speed, More Choices With Its Fastest Broadband Service Ever

DALLAS, Nov. 6 /PRNewswire-FirstCall/ -- For millions of consumers with a need for more speed, the broadband choices just got better. AT&T Inc. today announced it will launch AT&T U-verse(SM) High Speed Internet Max 18 on Nov. 9, offering speeds of up to 18 Mbps downstream. Exclusively available for AT&T U-verse TV customers, Max 18 is the fastest high speed Internet package available from the nation's leading provider of broadband services.

In addition to more speed, U-verse Internet customers have the freedom to enjoy their broadband connection in more places -- all at no extra cost. All U-verse Internet customers receive access to the nation's largest Wi-Fi network with free connectivity at more than 17,000 AT&T Wi-Fi(SM) hot spots. Wireless home networking is also included.

"With our new Max 18 service, customers get another way to stay connected faster," said Ralph de la Vega, chief executive officer of AT&T Mobility and Consumer Markets. "AT&T U-verse High Speed Internet offers fast speeds, at home and on the go with free Wi-Fi, and as part of an integrated quad-play bundle. Max 18 is another way we're using our U-verse network to provide customers with more choices and innovative services."

AT&T U-verse High Speed Internet Max 18 will be available to eligible residential customers for $65 a month as part of a bundle with AT&T U-verse TV. Professional installation is included for new U-verse TV customers, and eligible existing U-verse Internet customers can upgrade their package at any time without additional installation costs or appointments.

The introduction of Max 18 arrives at the perfect time for consumers who are going online for their holiday shopping, purchasing home services to accompany new electronics gifts and planning holiday travel.

AT&T's Internet Protocol (IP)-based network provides customers who bundle U-verse services with advanced, integrated capabilities. For example, U-verse TV and Internet customers have the ability to program their digital video recorder (DVR) while away from home using a PC or wireless device; personalize AT&T U-bar to display customized weather, sports and stock information on their U-verse TV screen; and browse their online photos on a personal U-verse TV channel. AT&T U-verse TV ranked "Highest in Customer Satisfaction in the North Central, South, and West Regions," according to the J.D. Power and Associates 2008 Residential Television Service Provider Satisfaction Study(SM).

AT&T is the nation's largest provider of broadband service, with 14.8 million broadband lines in service as of the third quarter of 2008. AT&T U-verse services are available to millions of homes across 15 states.

For additional information on AT&T U-verse -- or to find out if it's available in your area -- visit http://uverse.att.com/ or call 800-ATT-2020.

About AT&T

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

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

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.

IMPORTANT OFFER INFORMATION: Geographic and service restrictions apply to U-verse services. The identified speed is the maximum downstream speed capability of your Internet access service. Many factors affect the speeds customers experience at their computer, which will vary and are not guaranteed.

AT&T received the highest numerical score among television service providers in the South, North Central and West regions in the proprietary J.D. Power and Associates 2008 Residential Television Service Satisfaction Study(SM). Study based on 18,938 total responses from measuring providers in the South (13), North Central (11) and West (10) regions and measures consumer satisfaction with television service. Proprietary study results are based on experiences and perceptions of consumers surveyed in July 2008. Your experiences may vary. Visit jdpower.com.

AT&T Inc.

CONTACT: Destiny Varghese of AT&T Inc., +1-214-665-1314,
dvarghese@attnews.us

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

Diebold Delivers 1,000 Opteva(R) Recycling Terminals to DexiaEnhances customer service, security and efficiency at leading banking group

GENEVA, Nov. 6 /PRNewswire-FirstCall/ -- Diebold, Incorporated , a global leader in integrated self-service delivery and security systems, has been awarded a two-year branch transformation project by leading European retail banking group Dexia. The deal includes 1,000 Opteva(R) 328 EF/D recycling units and an accompanying services package. Equipped with Agilis Power software, the Opteva 328 EF/D recycling units have been customized to meet Dexia's key requirements for cash recycling and dispenser functionality. They are destined for Dexia's branches in Belgium and will replace the bank's existing Diebold 9x series automated teller machine (ATM) units.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO )

The consultation process for this new contract started when Dexia embarked on a project to examine the profitability and security of the branch. The new Diebold installation meets the challenge of collecting and recycling commonly used banknotes while also allowing consumers to withdraw any kind of Euro banknotes including 5,100 and euro 500 banknotes. Providing a flexible, upgradeable solution, it will allow machines to be configured as cash-in, cash-out, recycling or any combination of the three. It also includes a services package featuring Agilis Power custom software, maintenance services and an integrated end-to-end cash protection system, which protects cash whether it is in the ATM, cash center or in transit.

"Banks are increasingly looking for better automation for their ATMs, and Dexia is no exception," said Dave Wetzel, vice president and general manager of Western Europe, Diebold. "The new generation of Opteva models is leading the way in bank transformation and releasing staff for more value-added tasks."

"We were looking for a reliable partner with the right technology to modernize our branch network and bring it into line with the very latest technology," said Dexia spokesperson. "We believe we now have that partner in Diebold and are delighted with our current progress."

Diebold's Opteva 328 EF/D is the most versatile cash deposit and recycling machine of its kind. Fully compliant with European Central Bank Article 6 requirements, it allows a customer to make a bulk cash deposit of up to 200 notes -- without an envelope -- directly into the machine so a customer's account can be instantly credited, if the bank's policy permits. This increases customer adoption, especially for small business merchants making daily deposits.

The ATM also has a secure escrow area where the deposited notes remain until the customer accepts the transaction, allowing them to cancel the transaction and have the notes returned if necessary. It also gives the ATM the opportunity to easily validate note deposits, which can then be sorted by denomination, added to the existing recycler supply and re-dispensed according to demand, significantly lowering cash handling costs.

The deposit mechanism from the ATM is equipped with many sensors for fraud detection enabling the bank to safely operate the ATM in an unattended environment. The algorithms for counterfeit detection are updated on regular basis to optimize discrimination of new versions from counterfeit banknotes.

About Dexia

Dexia ( http://www.dexia.com/ ) is a European bank and the world leader in local public finance. Dexia is one of the top twenty banking groups in the Euro zone with more than 36,500 employees in 39 countries as of June 30, 2008. Dexia has one of the highest credit ratings in the banking industry. Dexia's development strategy is based on its Universal Banking business in Europe (Belgium, Luxembourg, Slovakia and Turkey), and world leadership in Public/Project Finance.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's Web site at http://www.diebold.com/ .

Photo: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Diebold, Incorporated

CONTACT: Media Relations, DeAnn Zackeroff, +1-330-490-5220,
deann.zackeroff@diebold.com, or Investor Relations, Christopher Bast,
+1-330-490-6908, christopher.bast@diebold.com, both of Diebold, Incorporated

Web site: http://www.diebold.com/
http://www.dexia.com/

Towerstream Applauds Nov. 4, 2008 FCC Rulings

MIDDLETOWN, R.I., Nov. 6 /PRNewswire-FirstCall/ -- On Tuesday, November 4, 2008, the Federal Communications Commission (FCC) announced its approval of the use of white space spectrum for unlicensed broadband as well as the merger of Sprint's XOHM unit and Clearwire. Towerstream , a leading fixed WiMAX service provider, applauded the FCC's decisions which will benefit both business in the wireless space and consumers nationwide.

"We commend the FCC for their diligence and time spent evaluating both the free usage of white space and the Sprint/Clearwire merger," said Jeff Thompson, President and CEO of Towerstream. "The approved use of white space for wireless broadband is truly a victory for all Americans -- especially consumers and small and medium businesses. Having access to this premium spectrum will foster innovation and competition in the wireless market and allow companies like Towerstream to deliver innovative services to customers across the country."

Towerstream offers a variety of bandwidth options from T-1 to 1000 Mbps as well as service reliability backed by an industry-leading Service Level Agreement (SLA) and a no-risk, money-back guarantee. Towerstream's fixed wireless broadband network delivers high-speed Internet access supporting VoIP, bandwidth on demand, wireless redundancy, VPNs, disaster recovery, bundled data and video services. Companies utilizing multiple appliances simultaneously, such as streaming video and VoIP, can prioritize their bandwidth to secure mission-critical activities. Towerstream currently serves businesses of all sizes in New York, Chicago, Los Angeles, Miami, Seattle, Boston, San Francisco, Dallas-Fort Worth and Providence/Newport. Towerstream also offers a Rapid Installation Program which guarantees installation within 48 hours.

For a map of the regions covered by Towerstream's service, please visit: http://www.towerstream.com/. For sales inquiries, please call 866-848-5848; or visit: http://www.towerstream.com/index.asp?ref=support.

About Towerstream Corporation

Towerstream is a leading fixed WiMAX service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the Company has established networks in nine markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay Area, Miami, Seattle, Dallas-Fort Worth, and the greater Providence area where the Company is based. The Company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability. Towerstream was awarded two 2008 Telephony Innovation Awards for Most Innovative Broadband Wireless Service and Most Innovative Small Business Service and the Best of WiMAX World 2008 Service Provider Deployment Award for its New York City network.

Safe Harbor

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

Towerstream Corporation

CONTACT: Investors, Terry McGovern, Vision Advisors, +1-415-902-3001 ,
mcgovern@visionadvisors.net, or Media, Amanda Lordy, Amanda@dukaspr.com, or
Todd Barrish todd@dukaspr.com, both of Dukas Public Relations,
+1-212-704-7385, all for Towerstream Corporation

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

Zune Originals Adds New Artwork for Consumers to Customize Their ZuneZune offers unique one-stop shopping experience for the holidays.

REDMOND, Wash., Nov. 6 /PRNewswire-FirstCall/ -- Zune, Microsoft Corp.'s end-to-end music and entertainment service, today added 46 new designs from leading artists to its customization Web site, http://www.zuneoriginals.net/, for the holiday season. For those looking to customize a Zune player for themselves or as a personalized gift this holiday season, the new Zune Originals designs include a Zodiac Series featuring exclusive artwork of Eastern and Western astrology from Catalina Estrada and Iosefatu Sua. An expanded line of regular Zune players, popular Zune accessories and Zune Marketplace gift cards are also available for purchase through http://www.zune.net/ just in time for the holidays.

(Photo: http://www.newscom.com/cgi-bin/prnh/20081106/AQTH536-a) (Photo: http://www.newscom.com/cgi-bin/prnh/20081106/AQTH536-b) (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

"Zune Originals infuses pop culture, style and art into digital entertainment to help consumers turn their Zune into a personal statement," said Chris Stephenson, general manager of Global Marketing for Zune at Microsoft. "We're excited to add beautiful new designs from these incredible artists and to introduce them to a broader audience."

In the Zune Originals online design studio, consumers can customize a Zune by choosing artwork and adding personal text that is laser-etched on the Zune player they choose. Zune is refreshing its Zune Originals Artist Series, adding 12 new eye-catching designs from artists such as these:

-- Dalek. This graffiti artist works extensively in both fine arts and the skateboard industry.

-- Motomichi. A graphic designer, he is known for his widely exhibited animation and live video mixing.

-- Daniel Jackson. This artist and DJ from Surface to Air, the creative art collective made up of artists from Paris, Barcelona and New York, produces cutting-edge designs for everything from clothing to jewelry to skate decks.

In addition to the new Artist Series designs, Zune Originals is also introducing the Zodiac Series, its first themed collection of designs that features 12 Eastern (Chinese) astrology signs created by Iosefatu Sua, a recognized Seattle artist and member of the Zune internal design team who creates street art with a Polynesian flair, and 12 Western astrology signs created by Catalina Estrada, a Colombian artist best known for her use of symmetrical patterns and vibrant colors.

"Zune encouraged me to create designs for the Zodiac Series according to my own artistic interpretation of the signs. It's wonderful to work with a partner that supports self-expression, whether or not it's through a conventional art form," Estrada said. "Between my work and that of the other truly talented artists available in the Zune Originals collection, Zune users can create a player that is unique and meaningful to them."

Other featured Zune Originals artists include Kenzo Minami, Alex Trochut, Alvaro Arteaga, Emil Kozak, Ippei Gyoubu, Kate Moross, Maya Hayuk, Siggi Eggertsson and Robin Nishio. Playlists from each artist that reflect his or her personal taste in music will also be available for download in the Zune Marketplace.

With the updates to the Zune.net Web site, popular Zune partner accessories such as speaker dock stereo systems from Altec Lansing, iHome and Kicker are available for purchase. The Zune Gears of War 2 Special Edition 120GB player as well as Zune Pass and Microsoft Points gift cards are also available for purchase. The Zune Pass gives subscribers access to millions of songs for $14.99 per month, while Microsoft Points can be redeemed in the Zune Marketplace to purchase songs and albums individually, as well as music videos or TV shows. Microsoft Points can also be used in the Xbox LIVE Marketplace.

More information on Zune and related images are available at http://www.zune.net/press.

About Zune

Zune is Microsoft's music and entertainment brand that provides an integrated digital entertainment experience. The Zune platform includes a line of portable digital media players, elegant software, the Zune Marketplace online store, the Zune Social online music community created to help people discover music, and the ZuneOriginals.net customization Web site. Zune is part of Microsoft's Entertainment and Devices Division and supports the company's software-based services vision to help drive innovation in the digital entertainment space. More information can be found online at http://www.zune.net/en-us/press.

About Zune Originals

Zune Originals is the premium Zune purchasing experience. It's an online design studio where consumers can customize Zune players by choosing the color and size of their device and selecting exclusive artwork and text that can be laser-etched onto the back of the device. Artwork in the Zune Originals collection is available in three series: Artist Series, Zodiac Series and Tattoo Series that feature designs from world-famous artists. Visit the Zune Originals design studio at http://www.zuneoriginals.net/.

About Microsoft

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20081106/AQTH536-a
http://www.newscom.com/cgi-bin/prnh/20081106/AQTH536-b
http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Jenna Fromm, +1-212-704-4550, jennifer.fromm@edelman.com, or
Zune Press, zunepress@edelman.com, both of Edelman, for Microsoft Corp.

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

Could Database Software Help Cure Alzheimer's and Save the Earth?Asteroid-watchers and protein researchers are showing that Microsoft SQL Server 2008 can support applications at scales up to 1 petabyte.

REDMOND, Wash., Nov. 6 /PRNewswire-FirstCall/ -- Just three months after Microsoft Corp. released its data management and business intelligence platform, Microsoft SQL Server 2008, several large customers are using the database software to scale new heights in data warehousing and transaction processing.

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

SQL Server 2008 gives companies the flexibility of "scaling up" individual servers by adding processors or memory and "scaling out" their databases by adding more nodes to increase performance. Microsoft is also taking advantage of the latest hardware advancements and announced this week at the Windows Hardware Engineering Conference (WinHEC) 2008 that Windows Server 2008 R2 and the next release of SQL Server, code-named "Kilimanjaro," will support more than 64 processor cores. This will provide customers with the option to consolidate data sources while maintaining similar or improved performance and scalability. Either way, SQL Server literally grows with a business.

SQL Server 2008 offers "a robust, scalable and secure database platform to support critical business applications. Large multiterabyte databases with SQL Server have become common for both transactional applications and data warehouses, as enterprises build larger and complex databases," according to a report from Forrester Research, "SQL Server 2008 Ups Pressure on Competitors; Microsoft Boosts Manageability, BI, Performance, Productivity and Security," by Noel Yuhanna, Mike Gilpin and David D'Silva; Sept. 22, 2008.

Warehousing the Heavens

Perhaps the most impressive application of SQL Server so far -- and one of the most dramatic -- is the Panoramic Survey Telescope and Rapid Response System, or Pan-STARRS for short, a wide-field celestial imaging facility being built at the University of Hawaii's Institute for Astronomy. Its architects plan to photograph the entire available sky several times each month, trying to discover asteroids and comets that could pose a danger to Earth. The huge volume of images produced by this system will no doubt also prove valuable for many other scientific programs.

When Pan-STARRS is fully operational, it will have four telescopes, each with a digital camera capable of 1.4-gigapixel resolution. With just one telescope in operation so far, the facility already generates 1.4 terabytes of image data per night. For the longer term, its architects are installing 1.1 petabytes (quadrillion bytes) of disk storage. Although Pan-STARRS won't use up all of that storage right away, it will still rank as one of the world's largest databases.

Compressing, storing and crunching that data is the job of SQL Server.

"There are only a handful of databases that large in the world," said Ted Kummert, corporate vice president of the Data and Storage Platform Division at Microsoft. "If SQL Server can handle applications this large, imagine how well it can meet the needs of the average enterprise. SQL Server 2008 is packed with technologies to scale up individual servers and scale out very large databases."

From Astronomy to Biology

Valerie Daggett's world-renowned protein research lab at the University of Washington is near the Microsoft campus in Redmond, Wash. Her team is investigating one of the fundamental unsolved problems in molecular bioengineering: the mechanism by which proteins fold themselves from essentially two-dimensional polypeptide chains into precise, three-dimensional structures. Experts believe that incorrectly folded proteins may be responsible for some of the most menacing diseases of our era, including mad cow disease, Alzheimer's disease, Parkinson's disease, emphysema and cystic fibrosis.

Because experimental approaches provide only limited amounts of information about the actual folding process, Daggett Research Group employs computer simulations, which generate massive amounts of data that must be analyzed. The lab has already produced more than 64 terabytes of data and is generating an additional 15 terabytes a year.

By taking advantage of the relational and online analytical processing (OLAP) capabilities of SQL Server, the team has been able to attack problems in new ways and accelerate its rate of progress. "We've begun to address substantial questions that move us closer to solving the protein-folding problem and other biomedical problems," Daggett said. "With SQL Server, we can investigate questions that were practically impossible to answer before. We can examine 100 times more data because some tasks that used to take hours are now reduced to fractions of a second."

"Data-warehousing techniques have been applied widely in business and financial applications, but are much less common in scientific research," said Andrew Simms, a graduate student in the Daggett lab. "We think the current model will scale beyond 100 terabytes."

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

Photo: NewsCom: h http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
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PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Rapid Response Team of Waggener Edstrom Worldwide,
+1-503-443-7070, rrt@waggeneredstrom.com, or Erica Fields of Waggener Edstrom
Worldwide, +1-503-443-7246, efields@waggeneredstrom.com, both for Microsoft
Corp.

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

Independent News and Media Chooses Nstein to Semantically Tag All Assets and Drive Online RevenuesNstein's text mining critical to leveraging millions of assets for its largest newspapers

MONTREAL, Nov. 6 /PRNewswire-FirstCall/ -- Nstein Technologies Inc. http://www.nstein.com/ (TSX-V: EIN), a leader in digital publishing solutions for newspapers, magazines and online content providers, announced that the Independent News and Media (UK) Ltd has selected Nstein's Text Mining Engine (TME) solution to semantically tag and organize its vast library of media assets. TME is the foundation and a key component of Nstein's Digital Publishing Suite also including innovative Web Content Management Solution (WCM), Digital Asset Management (DAM), and Picture Management Desk (PMD).

The international media chain owns paper and radio stations on four continents including the UK's The Independent and Northern Ireland's 137-year old Belfast Telegraph. The two papers represent a wealth of content on their respective websites, but readers have not begun to tap this rich repository. With Nstein's TME, Independent News and Media's news articles will be semantically analyzed and automatically enriched with content tags, enabling better search engine optimization, and an enriched online readership experience with easier content discovery.

"We want to make readers more aware of the great content we have," explained Bill Swanson, Managing Director of Digital. "With its patented approach to creating rich metadata, Nstein is helping us redefine navigation and search on our site. By semantically analyzing each piece of content, Nstein's TME creates a 'linguistic fingerprint' of our library. By doing this, we can expose important concepts and entities, in addition to closely matching similar content - thereby significantly increasing relevant results for our readers. In clustering associated content together, we will increase our page views dramatically."

"Independent News and Media is already using Nstein's Digital Asset Management (DAM) and Picture Management Desk (PMD) - so we are thrilled that it has chosen Nstein's solutions to automatically generate rich metadata and power its search engine for its websites," said Louis Mousseau, Managing Director of Nstein Europe. "By semantically tagging assets, publishers can automatically and proactively 'propose' relevant content to readers -- creating a dramatically superior user experience. When publishers expose content in this fashion, search engine traffic and impressions per visit, or "stickiness," will significantly increase - resulting in higher advertising revenues."

Nstein is the online provider of choice for many of the world's leading media companies, including: News International, Associated Newspapers, Financial Times, Telegraph, Liberation, Groupe Moniteur, Transcontinental Media, Conde Nast, ImpreMedia and Gesca Digital Media.

About Nstein Technologies Inc.

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

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

Nstein Technologies Inc.

CONTACT: Nstein Technologies Inc.: Investor Relations: Bruno Martel,
Chief Financial Officer, Nstein Technologies Inc., (514) 908-5406,
bruno.martel@nstein.com; Media: David Crouy, Marketing Director, Nstein
Technologies, Inc, (514) 908-5406, david.crouy@nstein.com

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