Spansion Updates Fourth Quarter 2008 Outlook

SUNNYVALE, Calif., Nov. 24 /PRNewswire-FirstCall/ -- Spansion, Inc. , the world's leading pure-play provider of Flash memory solutions, today announced an update to its outlook for its fourth quarter ending December 28, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO)

In anticipation of a weak holiday season, Spansion's customers are shutting down factories, and slowing down manufacturing run rates. As a result, Spansion anticipates that net sales for its fourth quarter of 2008 will be approximately 20% lower than its previous quarter. Spansion is taking action by cutting COGS (cost of goods sold) by approximately 15%, and further reducing operating expenses.

About Spansion

Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing, selling and licensing Flash memory solutions. For more information, visit http://www.spansion.com/.

Spansion(R), the Spansion logo, MirrorBit(R), MirrorBit(R) Eclipse(TM), ORNAND(TM), ORNAND2(TM), HD-SIM(TM), Spansion(R) EcoRAM(TM) and combinations thereof, are trademarks of Spansion LLC in the U.S. and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

Cautionary Statement

This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 with respect to Spansion's expectations for sales, cost of goods sold, and other operating expenses in the fourth quarter. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those statements. These risks and uncertainties include that demand for the company's Flash memory products will be lower than currently expected; that average selling prices may decline; that adverse financial market conditions may impede access to or increase the cost of financing operations and investments; that Spansion may not be effective in expense reduction efforts; that OEMs will increasingly choose NAND-based Flash memory products over the company's MirrorBit architecture-based Flash memory products for their applications; and that our recently-filed lawsuit against Samsung could result in increased costs, diversion of management and key employees, adverse results, and consequences arising from naming certain of our customers in the lawsuit, including potential countersuits and decreases in revenues from such customers. In addition, the instability of the global economy and tight credit markets could continue to adversely impact our business in several respects including adversely impacting credit quality and insolvency risk for our customers, bookings, reductions and deferrals of demand for our products, weakening credit quality or potential insolvency of our business partners including suppliers and distributors. This environment has significantly increased the difficulty of predicting revenue and operating results and makes any forecasts riskier than under normal circumstances. The company urges investors to review in detail the risks and uncertainties discussed in the company's Securities and Exchange Commission filings, including but not limited to the company's Annual Report on Form 10-K for the fiscal year ended December 30, 2007 and the company's Quarterly Report on Form 10-Q for the fiscal quarter ended September 28, 2008. Spansion assumes no obligation to update any forward-looking statements included in this press release.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Spansion, Inc.

CONTACT: press, Holly Burkhart, +1-408-616-1170, or investors, Ken
Tinsley, +1-408-616-7837, both of Spansion, Inc.

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

SkillSoft Reports Third Quarter Fiscal 2009 Results; Reaffirms Full Year Net Income Targets; Reaffirms Full Year Adjusted EBITDA Targets- Third Quarter Revenue Of $83.1 Million And Net Income Of $12.0 Million- Third Quarter Diluted EPS Of $0.11- Third Quarter Adjusted EBITDA Of $28.8 Million- Repurchased Approximately 3.0 Million Shares For $29.3 Million In The Quarter- Cash, Restricted Cash And Investments Of $77.3 Million

NASHUA, N.H., Nov. 24 /PRNewswire-FirstCall/ -- SkillSoft PLC , a leading Software as a Service (SaaS) provider of on-demand e-learning and performance support solutions for global enterprises, government, education and small to medium-sized businesses, today announced financial results for its third fiscal quarter of fiscal 2009.

Fiscal 2009 Third Quarter Results

The Company reported total revenue of $83.1 million for its third quarter ended October 31, 2008 of its fiscal year ending January 31, 2009 (fiscal 2009), which represented an 11% increase over the $75.1 million reported in its third quarter of the fiscal year ended January 31, 2008 (fiscal 2008). Revenue for the third quarter was negatively impacted by approximately $2.2 million due to the significant variability in foreign exchange rates during the Company's third quarter as compared to the foreign exchange rates at July 31, 2008. The Company's total deferred revenue at October 31, 2008 was approximately $142.6 million as compared to approximately $140.6 million at October 31, 2007. The 1% increase in deferred revenue reflects growth in order intake and billings from SkillSoft's core business which primarily consists of courseware, referenceware and platform hosting. Growth in order intake and billings was partially offset by approximately $7.3 million as a result of the negative impact of the variability in foreign exchange rates in the Company's third quarter as compared to foreign exchanges rates at July 31, 2008.

On a US generally accepted accounting principles (US GAAP) basis, the Company's net income was $12.0 million, or $0.11 per diluted share, for the third quarter of fiscal 2009 as compared to net income of $5.8 million, or $0.05 per diluted share, for the third quarter of fiscal 2008. Net income for the third quarter of fiscal 2009 was positively impacted by approximately $0.3 million due to the variability in foreign exchange rates in the third quarter. This foreign exchange gain for the third quarter of fiscal 2009 included approximately a $0.9 million foreign exchange gain resulting from US denominated customer billings and cash accounts outside of US currency based operations, which was partially offset by a foreign exchange loss of approximately $0.6 million related to the foreign exchange loss of $2.2 million in revenue in the fiscal 2009 third quarter mentioned above. The Company's US GAAP net income includes the following:

Non-Cash Charges: -- Stock based compensation expense of $1.4 million in the third quarter of both fiscal 2009 and fiscal 2008. -- Depreciation and amortization expense of $1.1 million in the third quarter of fiscal 2009 as compared to $1.5 million in the third quarter of fiscal 2008. -- Amortization of intangible assets of $4.4 million in the third quarter of fiscal 2009 as compared to $5.4 million in the third quarter of fiscal 2008. -- Amortization of deferred financing costs of $0.3 million in the third quarter of both fiscal 2009 and fiscal 2008. -- Non-cash provision for income tax of $6.3 million in the third quarter of fiscal 2009 as compared to a non-cash $0.2 million income tax provision in the third quarter of fiscal 2008.

"We experienced a more cautious customer environment towards the end of our third quarter due to the current challenging business climate. As a result, we saw some existing customer upgrades and renewals and new customer sales cycles come in slower than expected. At the same time, the volatile foreign currency market reduced revenue and international contract value in our third quarter. Our fourth quarter, when we generally record more than 45% of our annual bookings, is also impacted by the challenging business climate and the volatile foreign currency market, which is expected to reduce international revenue and contract value in our fourth quarter and for the full year. We are confident, however, that we will achieve the fourth quarter net income targets that we established in our second quarter," said Chuck Moran, President and Chief Executive Officer. "We are still encouraged by the results of our third quarter customer renewal efforts and feel cautiously optimistic going into our critical fourth quarter renewal period," commented Moran.

Gross margin was 87% in each of the Company's fiscal 2009 and fiscal 2008 third quarters. Gross margin in each of the fiscal 2009 and fiscal 2008 third quarters includes amortization of intangible assets related to acquired technology and capitalized software development costs of $1.7 million. The intangible asset amortization reduced gross margin in both periods by approximately 2%. Gross margin is impacted mainly by the mix of royalty- bearing content and the costs incurred to augment the hosting capacity needed to meet our existing and new customer solution requirements.

Cost of revenue in the fiscal 2009 third quarter increased compared to the fiscal 2008 third quarter primarily due to additional royalty expense resulting from increased revenue.

Research and development expenses decreased to $12.1 million in the fiscal 2009 third quarter from $13.7 million in the fiscal 2008 third quarter, and decreased as a percentage of revenue to 15% in the third quarter of fiscal 2009 as compared to 18% in the third quarter of fiscal 2008. The decrease in research and development expense was primarily due to lower expenses related to contractors and outsource partners, performance bonuses and facility charges as compared to the prior year.

Sales and marketing expenses increased to $26.4 million in the fiscal 2009 third quarter from $25.2 million in the fiscal 2008 third quarter, and decreased as a percentage of revenue to 32% in the third quarter of fiscal 2009 as compared to 34% as a percentage of revenue in the third quarter of fiscal 2008. The dollar increase in sales and marketing expenses was primarily due to the addition of direct sales, telesales and sales support personnel to support our larger customer base as well as higher commission expense.

General and administrative expenses decreased to $9.1 million in the fiscal 2009 third quarter from $9.4 million in the fiscal 2008 third quarter, and decreased as a percentage of revenue to 11% in the third quarter of fiscal 2009 as compared to 13% in the third quarter of fiscal 2008. The decrease in general and administrative expenses was primarily due to facility and bad debt expenses incurred in fiscal 2008 that were not incurred in fiscal 2009. This was partially offset by an increase in legal fees as well as professional expenses incurred in connection with an on-going feasibility analysis related to the Company's business realignment strategy in the third quarter of fiscal 2009 as compared to fiscal 2008.

Operating expenses in the fiscal 2009 third quarter include approximately $1.4 million of stock-based compensation expense. The allocation of such stock-based compensation expense for the fiscal 2009 third quarter was as follows: cost of revenue, $52,000; research and development, $227,000; sales and marketing, $412,000; and general and administrative, $731,000. Operating expenses for the fiscal 2008 third quarter also included approximately $1.4 million of stock-based compensation expense allocated as follows: cost of revenue, $54,000; research and development, $226,000; sales and marketing, $442,000; and general and administrative, $657,000.

The Company's interest and other income increased to $1.4 million in the fiscal 2009 third quarter as compared to interest income, net of other expense of $12 thousand in the third quarter of fiscal 2008. This increase was primarily due to a foreign exchange gain in fiscal 2009 versus a foreign exchange loss in fiscal 2008. The Company's interest expense decreased to $3.5 million for the fiscal 2009 third quarter as compared to $3.9 million for the third quarter of fiscal 2008. This decrease is primarily due to principal payments made during fiscal 2009 resulting in a reduction in the Company's outstanding debt.

The Company's tax provision from continuing operations was $18.8 million (38.5%) for the nine month period ended October 31, 2008 and consisted of a cash tax provision of approximately $3.1 million (6.3%) and a non-cash tax provision of approximately $15.7 million (32.2%). This compares to a $7.9 million (44.7%) tax benefit for the nine month period ended October 31, 2007, which consisted of a cash tax provision of approximately $1.1 million (6.2%) and a non-cash tax benefit of approximately $9.0 million (50.9%) from continuing operations. The increase in the current fiscal year's effective tax rate is primarily due to the geographic distribution of worldwide earnings as well as the second quarter of fiscal 2008 non-cash tax benefit of approximately $25 million from the reduction in the Company's US deferred tax valuation allowance. The aforementioned benefit was partially offset by non- cash tax adjustments required as a result of purchase accounting for the NETg acquisition.

An important leverage covenant included in the Company's credit facility is adjusted EBITDA. Adjusted EBITDA for the fiscal 2009 third quarter was $28.8 million and the Company's trailing 12 month debt to adjusted EBITDA ratio was approximately 1.37. Adjusted EBITDA for the fiscal 2009 third quarter is calculated by taking net income ($12.0 million) and adding back depreciation and amortization ($1.1 million), amortization of intangible assets and capitalized software development costs ($4.4 million), stock-based compensation ($1.4 million), feasibility expense associated with the Company's business realignment strategy ($0.3 million), interest expense ($3.5 million), and the provision for income taxes ($7.4 million), and deducting interest and other income ($1.4 million).

SkillSoft had approximately $77.3 million in cash, cash equivalents, short-term investments and restricted cash as of October 31, 2008 as compared to $93.5 million as of January 31, 2008. This decrease primarily reflects long term debt repayments of $24.5 million, $30.4 million and $0.4 million in the first, second and third quarter of fiscal 2009, respectively, payments to repurchase shares under our shareholder approved repurchase program of $12.2 million, $15.0 million and $29.3 million in the first, second and third quarters of fiscal 2009, respectively, investments of $18.5 million and purchases of property and equipment of $4.1 million in the nine months ended October 31, 2008. These uses of cash were partially offset by cash provided by continuing operations of $75.4 million; proceeds from the exercise of stock options and employee stock purchase activity of $19.5 million; investment maturities of $23.3 million; and cash provided from discontinued operations of $6.9 million which is primarily comprised of proceeds received from the sale of NETg Press in the nine months ended October 31, 2008.

In order to adequately assess the Company's collection efforts, taking into account the seasonality of the Company's business, the Company believes that it is most useful to compare current period days sales outstanding (DSOs) to the prior year period. Given the quarterly seasonality of bookings, the deferral from revenue of subscription billings may increase or decrease the DSOs on sequential quarterly comparisons.

SkillSoft's DSOs were in the targeted range for the fiscal 2009 third quarter. On a net basis, which considers only receivable balances for which revenue has been recorded; DSOs were 10 days in the fiscal 2009 third quarter as compared to 13 days in the year ago period and 15 days in the second quarter of fiscal 2009. On a gross basis, which considers all items billed as receivables, DSOs were 80 days in the fiscal 2009 third quarter compared to 118 days in the year ago quarter and 89 days in the second quarter of fiscal 2009.

FISCAL 2009 AND FISCAL 2009 FOURTH QUARTER OUTLOOK

The Company is now targeting fiscal 2009 revenue to be in the range of $328.5 million to $331.5 million. In the Company's press release dated August 22, 2008, fiscal 2009 revenue was targeted to be in the range of $335.0 million to $338.0 million. Changes in foreign exchange rates during the third quarter reduced third quarter revenue by approximately $2.2 million, and if foreign exchange rates continue at their October 31, 2008 levels during the fourth quarter, the total negative impact on revenues during the third and fourth quarters will be approximately $6.0 to $7.0 million. As a result, the decrease in our forecasted revenue for fiscal 2009 is attributable to fluctuations in foreign exchange rates during the third quarter. While it is the Company's practice not to take into account the impact of future changes in foreign exchange rates when setting its financial targets, the Company believes it is appropriate to reflect the impact of changes in foreign exchange rates during the most recent quarter. Among other factors, further changes in foreign exchange rates during the fourth quarter could result in a reduction in international revenues beyond what is reflected in the targeted range of $328.5 million to $331.5 million.

The Company's fiscal 2009 adjusted net income target, as set forth in its press release issued on August 22, 2008, remains unchanged. Adjusted net income represents GAAP net income, excluding foreign exchange gains or losses and gains or losses from discontinued operations. The Company continues to anticipate that its adjusted net income for fiscal 2009 will be between $38.0 million and $41.0 million, or $0.35 to $0.38 per basic and diluted share. The most significant non-cash items included in targeted adjusted net income for fiscal 2009 are the following: (1) depreciation and amortization of approximately $5.0 million to $6.0 million; (2) amortization of intangible assets of approximately $16.5 million; (3) stock-based compensation expense of approximately $6.0 million; (4) amortization of deferred financing costs of approximately $1.2 million; and (5) a non-cash tax provision of approximately $19.0 million to $20.0 million;

The Company's adjusted EBITDA target for fiscal 2009 of $101.0 million to $103.0 million as set forth in its press release issued on August 22, 2008 remains unchanged. Adjusted EBITDA for fiscal 2009 in this range is expected to result in a debt to adjusted EBITDA ratio of approximately 1.4. Adjusted EBITDA in the target range for fiscal 2009 would represent growth of approximately 26% to 29% as compared to fiscal 2008. The adjusted EBITDA targeted range for fiscal 2009 is calculated by taking targeted net income ($38.0 million to $41.0 million) and adding back depreciation and amortization ($5.0 million to $6.0 million), amortization of intangible assets and capitalized software development costs (approximately $16.5 million), stock- based compensation (approximately $6.0 million), restatement expenses (approximately $0.2 million), merger and integration related expenses (approximately $0.8 million), feasibility expense associated with the Company's business realignment strategy ($1.5 million), interest expense ($13.0 million to $14.0 million) and the provision for income taxes ($23.0 million to $24.5 million), less income from discontinued operations (approximately $1.9 million), and interest and other income ($1.5 million to $2.0 million).

For the fourth quarter of fiscal 2009 ending January 31, 2009, the Company currently anticipates revenue to be in the range of $80.5 million to $83.5 million. This range considers the current cautious customer environment and is based on foreign exchange rates as of October 31, 2008. The Company does not take into account the potential positive or negative impact from foreign exchange rates when setting its targets. Among other factors foreign exchange rate volatility in the fourth quarter could reduce international revenues to the degree that the Company's fourth quarter revenues could be below the above targeted range. The Company, in line with the above revenue targets, also anticipates adjusted net income for the fiscal 2009 fourth quarter to be between $5.0 million and $8.0 million, or $0.05 to $0.07 per basic and diluted share. The most significant non-cash items included in targeted adjusted net income are the following: (1) depreciation and amortization of approximately $1.4 million to $1.7 million; (2) amortization of intangible assets of approximately $2.7 million to $2.8 million; (3) stock-based compensation expense of approximately $1.4 million to $1.6 million; (4) amortization of deferred financing costs of approximately $0.2 million to $0.3 million; and (5) a non-cash tax provision of approximately $2.7 million to $4.0 million.

Adjusted net income and adjusted EBITDA are non-GAAP financial measures within the meaning of applicable SEC regulations. SkillSoft is presenting these measures (for both fiscal 2009 and the fiscal 2009 third quarter) because it believes that these measures present investors and debt holders with meaningful information about the Company's historical and projected operating performance for fiscal 2009.

The fourth quarter and fiscal 2009 earnings outlook also does not take into account the potential positive or negative impact from foreign exchange rates, potential adjustments from the impact of our international NOL valuation reserves or international deferred tax asset utilization, the potential negative impact of the resolution of litigation matters, potential restructuring charges or the potential impact of any future acquisitions or divestitures, including potential non-recurring acquisition related expenses and the amortization of any purchased intangibles and deferred compensation charges resulting from a future acquisition transaction. The outlook also does not take into account the effect of a public offering or other financing arrangement, our share buyback program or debt restructuring that could impact interest income/expenses and/or outstanding shares and thereby the Company's EPS outlook.

Supplemental financial information will be available on SkillSoft's web site http://www.skillsoft.com/ at the time of our earnings call.

Conference Call

In conjunction with this release, management will conduct a conference call on Monday, November 24, 2008 at 4:30 p.m. EST to discuss the Company's third quarter fiscal 2009 financial and operating results and its outlook for its fourth fiscal quarter and fiscal year ending January 31, 2009. Chuck Moran, President and Chief Executive Officer, and Tom McDonald, Chief Financial Officer, will host the call.

To participate in the conference call, local and international callers can dial (973) 582-2717. The live conference call will be available via the Internet by accessing the SkillSoft Web site at http://www.skillsoft.com/. Please go to the Web site at least fifteen minutes prior to the call to register, download and install any necessary audio software.

A replay will be available from 12:01 a.m. EST on November 25, 2008 until 11:59 p.m. ET on December 1, 2008. The replay number is (800) 642-1687, passcode: 74145272. A webcast replay will also be available on SkillSoft's Web site at http://www.skillsoft.com/.

About SkillSoft

SkillSoft PLC is a leading SaaS provider of on-demand e- learning and performance support solutions for global enterprises, government, education and small to medium-sized businesses. SkillSoft enables business organizations to maximize business performance through a combination of comprehensive e- learning content, online information resources, flexible learning technologies and support services.

Content offerings include business, IT, desktop, compliance and consumer/SMB courseware collections, as well as complementary content assets such as Leadership Development Channel video products, KnowledgeCenter(TM) portals, virtual instructor-led training services and online mentoring services. SkillSoft's Books24x7(R) product offering includes access to more than 18,000 digitized IT and business books, as well as book summaries and executive reports. Technology offerings include the SkillPort(R) learning management system, Search-and-Learn(R), SkillSoft(R) Dialogue(TM) and virtual classroom.

SkillSoft courseware content described herein is for information purposes only and is subject to change without notice. SkillSoft has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this press release except as specifically set forth in a written agreement.

SkillSoft, the SkillSoft logo, SkillPort, Search-and-Learn, SkillChoice, Books24x7, ITPro, BusinessPro, OfficeEssentials, GovEssentials, EngineeringPro, FinancePro, AnalystPerspectives, ExecSummaries, ExecBlueprints, Express Guide and Dialogue are trademarks or registered trademarks of SkillSoft PLC in the United States and certain other countries. All other trademarks are the property of their respective owners, countries.

This release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements. Factors that could cause or contribute to such differences include competitive pressures, changes in customer demands or industry standards, adverse economic conditions, loss of key personnel, litigation and other risk factors disclosed under the heading "Risk Factors" in SkillSoft's Quarterly Report on Form 10-Q for the quarterly period ended July 31, 2008 as filed with the Securities and Exchange Commission. The forward-looking statements provided by the Company in this press release represent the Company's views as of November 24, 2008. The Company anticipates that subsequent events and developments may cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this release.

SkillSoft PLC and Subsidiaries Condensed Consolidated Statements of Operations (Unaudited, In Thousands Except Share and Per Share Data) Three Months Ended Nine Months Ended October 31, October 31, 2008 2007 2008 2007 Revenues $83,064 $75,124 $248,039 $203,733 Cost of revenues (1) 9,374 8,282 28,013 23,827 Cost of revenues - amortization of capitalized software development costs 1,690 1,740 5,170 3,683 Gross profit 72,000 65,102 214,856 176,223 Operating expenses: Research and development (1) 12,138 13,710 38,136 35,315 Selling and marketing (1) 26,387 25,227 82,185 71,489 General and administrative (1) 9,133 9,449 27,457 25,572 Amortization of intangible assets 2,738 3,634 8,475 7,955 Merger and integration related expenses (3) 2,616 758 11,110 Restructuring - - - 34 SEC investigation - 105 49 1,328 Total operating expenses 50,393 54,741 157,060 152,803 Other income (expense), net 752 (642) (282) (1,026) Interest income 627 654 1,819 2,990 Interest expense (3,482) (3,927) (10,495) (7,741) Income before provision for income taxes from continuing operations 19,504 6,446 48,838 17,643 Provision for income taxes - cash 1,098 92 3,063 1,099 Provision for income taxes - non-cash 6,340 178 15,727 (8,985) Income from continuing operations 12,066 6,176 30,048 25,529 Income (loss) from discontinued operations, net of income tax (benefit) expense (2) (37) (351) 1,937 173 Net income $12,029 $5,825 $31,985 $25,702 Net income, per share, basic - continuing operations $0.12 $0.06 $0.29 $0.25 Net income, per share, basic - discontinued operations $0.00 $0.00 $0.02 $0.00 $0.12 $0.06 $0.31 $0.25 Basic weighted average common shares outstanding 104,182,736 104,789,720 104,779,876 104,165,555 Net income, per share, diluted - continuing operations $0.11 $0.06 $0.28 $0.24 Net income (loss), per share, diluted - discontinued operations $0.00 $(0.00) $0.02 $0.00 $0.11 $0.05 $0.29 $0.24 Diluted weighted average common shares outstanding 107,500,272 108,552,456 108,656,388 108,018,673 (1) The following summarizes the departmental allocation of the stock-based compensation Cost of revenues $52 $54 $163 $119 Research and development 227 226 695 659 Selling and marketing 412 442 1,434 1,309 General and administrative 731 657 2,212 1,921 $1,422 $1,379 $4,504 $4,008 (2) Discontinued operations income tax (benefit) expense $(25) $(311) $1,306 $76 SkillSoft PLC Condensed Consolidated Balance Sheets (Unaudited, In Thousands) October 31, 2008 January 31, 2008 ASSETS CURRENT ASSETS: Cash, cash equivalents and short-term investments $73,568 $89,584 Restricted cash 3,745 3,963 Accounts receivable, net 72,546 171,708 Deferred tax assets 10,326 13,476 Prepaid expenses and other current assets 19,114 29,061 Total current assets 179,299 307,792 Property and equipment, net 7,914 7,210 Goodwill 256,606 256,196 Acquired intangible assets, net 16,242 29,887 Deferred tax assets 75,005 87,866 Other assets 3,702 7,730 Total assets $538,768 $696,681 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Current maturities of long term debt $1,455 $2,000 Accounts payable 1,772 2,139 Accrued expenses 27,480 54,084 Deferred revenue 142,642 219,161 Total current liabilities 173,349 277,384 Long term debt 142,242 197,000 Other long term liabilities 5,932 9,209 Total long-term liabilities 148,174 206,209 Total stockholders' equity 217,245 213,088 Total liabilities and stockholders' equity $538,768 $696,681 SkillSoft PLC Condensed Consolidated Statements of Cash Flows (Unaudited, In Thousands) Nine Months Ended October 31, 2008 2007 Cash flows from operating activities from continuing operations: Net income, continuing operations $30,048 $25,529 Adjustments to reconcile net income to net cash provided by operating activities: Stock-based compensation 4,504 4,008 Depreciation and amortization 3,921 5,481 Amortization of acquired intangible assets and capitalized software development costs 13,645 11,638 Recovery of bad debts (187) 470 Provision for income taxes - non- cash 15,727 (8,986) Non-cash interest expense 898 481 Tax benefit related to exercise of non-qualified stock options (1,247) - Realized loss on sale of assets, net - (58) Changes in current assets and liabilities, net of acquisitions Accounts receivable 92,756 36,344 Prepaid expenses and other current assets 7,907 14,145 Accounts payable (858) (1,313) Accrued expenses (including long-term): Accrued merger (3,516) (282) Accrued restructuring (464) 345 Accrued other (19,415) (45,626) Deferred revenue (68,608) (33,707) Deferred tax asset 306 - Net cash provided by operating activities from continuing operations 75,417 8,469 Cash flows from investing activities from continuing operations: Purchases of property and equipment (4,066) (2,321) Cash paid for business acquisitions (250) (278,923) Purchases of investments (18,545) (9,575) Maturity of investments 23,337 48,378 Release of restricted cash 218 16,183 Net cash provided by (used in) investing activities from continuing operations 694 (226,258) Cash flows from financing activities from continuing operations: Exercise of stock options 16,412 8,280 Proceeds from employee stock purchase plan 3,063 2,776 Borrowings under long-term debt, net of debt financing costs - 194,133 Principal payment on long term debt (55,303) (500) Tax benefit related to exercise of non-qualified stock options 1,247 - Payments to acquire treasury stock (56,495) - Net cash (used in) provided by financing activities from continuing operations (91,076) 204,689 Change in cash from discontinued operations 6,880 (7,013) Effect of exchange rate changes on cash and cash equivalents (3,210) 1,864 Net increase in cash and cash equivalents (11,295) (18,249) Cash and cash equivalents, beginning of period 76,059 48,612 Cash and cash equivalents, end of period $64,764 $30,363

SkillSoft PLC

CONTACT: Tom McDonald, Chief Financial Officer, +1-603-324-3000, x4232,
or Investor Contacts, Michael Polyviou, or Tyrone Ross, both of Financial
Dynamics, +1-212-850-5748, for SkillSoft PLC

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

HTC Touch Pro Available on Nation's Most Reliable NetworkHTC's Powerful, Sleek Phone Brings Work and Pleasure Together for Verizon Wireless Customers

BASKING RIDGE, N.J., and BELLEVUE, Wash., Nov. 24 /PRNewswire/ -- Verizon Wireless and HTC Corporation today announced that the HTC Touch Pro(TM), a compact and stylish phone with an intuitive touch screen and slide-out QWERTY keyboard, is available on the nation's most reliable wireless network. Customers can purchase the HTC Touch Pro beginning today through business sales channels and online at http://www.verizonwireless.com/. The phone will be available for order in Verizon Wireless Communications Stores beginning Dec. 1.

(Photo: http://www.newscom.com/cgi-bin/prnh/20081124/NY48165 )

The HTC Touch Pro combines HTC's hallmark design and easy-to-use interface with the power of Windows Mobile(R) 6.1 Professional. For maximum flexibility, customers can choose to use either the classic Windows Mobile interface or HTC's acclaimed TouchFLO(TM) 3D graphical interface, which makes popular applications easily available at the swipe of a finger. Because the phone runs on Verizon Wireless' network, customers can browse the Web or access their e-mail, contacts and calendars with Microsoft Outlook(R) quickly and reliably. The phone also has the ability to open and edit Microsoft Word and Excel(R) documents and share Microsoft PowerPoint(R) files with large groups using a separately sold video-out cable connected to a television or projector.

The HTC Touch Pro is a productivity workhorse that allows people to balance their professional and personal lives. A 3.2 megapixel camera with LED flash makes it easy to capture and share high-quality images and video. With the preloaded business card reader application, the camera doubles as a scanner, allowing business card information to be quickly and easily stored on the HTC Touch Pro and synchronized with a contact database. Customers can turn their HTC Touch Pro into a GPS navigator by using Verizon Wireless' VZ Navigator(SM) service. With VZ Navigator, customers can access audible turn-by-turn directions to more than 14 million local businesses and attractions and even share the locations with others. Verizon Wireless customers can further customize their HTC Touch Pro by selecting from thousands of available Windows Mobile applications, including productivity applications, utilities and games.

Accessing information and entertainment on-the-go is made simple with the Opera Web browser, which enables Web pages to be viewed in the format they were originally designed to be viewed on the HTC Touch Pro's vivid 2.8-inch VGA display. Panning and zooming across Web pages is simplified by the touch screen interface, allowing for a true desktop-like experience. A microSD(TM) memory card slot enables storage of up to 16 GB for a wide array of photos, videos, documents and more.

The HTC Touch Pro is available for $349.99 after a $70 mail-in rebate and a new two-year customer agreement. Customers will receive the rebate in the form of a debit card; upon receipt, customers may use the card as cash anywhere debit cards are accepted. VZ Navigator is available for $9.99 monthly access. Other charges may apply when downloading or using applications. Customers who purchase a Verizon Wireless Nationwide voice plan to use with their HTC Touch Pro can also subscribe to the Email and Web for Smartphone plan for an additional $29.99 per month.

For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/. Business customers should call 1-800-VZW-4BIZ or contact their Verizon Wireless Business Sales Representative.

HTC Touch PRO and TouchFLO are the trademarks of HTC Corporation in the United States and other countries. The other names of companies and products mentioned herein may be the trademarks of their respective owners.

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, visit 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.

About HTC Corporation

Founded in 1997, HTC Corporation (HTC) is a global leader in mobile phone innovation and design. Since its establishment, HTC has developed strong R&D capabilities, pioneered many new designs and product innovations and launched state-of-the-art smartphones with mobile operators and distributors around the world. These devices are available as HTC devices and as products customized for operator and device partners. HTC is one of the fastest growing companies in the mobile device market. The company is listed on the Taiwan Stock Exchange under ticker 2498. For more information about HTC, please visit http://www.htc.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20081124/NY48165
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN24
PRN Photo Desk, photodesk@prnewswire.com Verizon Wireless

CONTACT: Brenda Boyd Raney, Verizon Wireless, +1-908-559-7518,
Brenda.Raney@verizonwireless.com; or Keith Nowak, HTC Corporation,
+1-206-972-3373, Keith_Nowak@htc.com

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

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

AT&T Brings Holiday Cheer With Exclusive Offer on Quick Messaging DevicesPantech Matrix and Samsung Propel Offer Full Keyboards and Tons of Features

DALLAS, Nov. 24 /PRNewswire-FirstCall/ -- Cell phones ring, are you listening? In the store, they're a-glistening. AT&T Inc. today announced a limited-time buy-one-get-one-free offer after mail-in rebate for two of its newly released quick messaging mobile phones, the Pantech Matrix(TM) and the Samsung Propel(TM). The devices normally retail for $79.99 each, after mail-in rebate.

AT&T's new quick messaging devices are popular with customers, allowing everyone from newbie messengers to textaholics to send text, picture, video and instant messages with ease. The Pantech Matrix features a unique dual- sliding, double-keypad design. The Samsung Propel offers the best of AT&T's entertainment services and slides upward for easy access to its full keypad.

All quick messaging phones are compatible with AT&T's messaging plans that offer 200, 1,500 and unlimited messaging for $5, $15 and $20 a month, respectively. AT&T FamilyTalk(R) plan customers can get unlimited messaging for all lines for $30.

Users can also browse and purchase thousands of apps, games, ringtones, graphics and other mobile content in the AT&T MEdia Mall, available from their handsets and also online at http://www.att.com/mediamall.

To take advantage of the offer, customers pay $129.99 for the first device and receive a $50 AT&T promotion card after mail-in rebate, bringing the total cost to $79.99(1). A two-year service agreement and up to a $35 monthly data or messaging package are required. To get one free, customers pay $49.99 and receive a $50 AT&T promotion card after mail-in rebate. The second device also requires a two-year service agreement and up to a $35 monthly data or messaging package. The AT&T promotion cards are valid wherever major credit cards are accepted and customers may use them to pay for their monthly wireless service. The cards are not redeemable for cash and cannot be used at ATMs or gas pumps.

To see more great holiday gift ideas from AT&T, visit http://www.att.com/holidaygifts. For more information or to order service, call 866-MOBILITY, click http://www.att.com/ or visit an AT&T retail store. To find a store, visit http://www.wireless.att.com/find-a-store.

(1) Limited-time offer. Other conditions and restrictions apply. See contract and rate plan brochure at store for details. AT&T Promotion Cards: Allow 60 days for fulfillment. You must be a customer for 30 consecutive days to receive Card. Offer expires Dec. 25, 2008.

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 AT&T 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 and detailed disclaimer information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: Wes Warnock of AT&T Inc., +1-404-986-1814, wes.warnock@att.com

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

Consumer Search Trends Show Increased Interest in Real Estate by Potential Home BuyersPage Views and Time-on-Site on Realtor.com(R) Outpace Real Estate Category Trends

LOS ANGELES, Nov. 24 /PRNewswire-FirstCall/ -- In the midst of one of the most challenging housing markets in recent history, the October comScore Media Metrics report[1] shows visitors on Realtor.com(R) are spending more time and viewing more pages as they closely track the pulse of the real estate market. Realtor.com, the official website of the National Association of Realtors, is operated by Move, Inc.

"We're encouraged to see continued increases in page views and the time our users invest on Realtor.com as they search for real estate," says Realtor.com President, Errol Samuelson. "This trend confirms earlier findings from our recent survey indicating a pent up demand for real estate with markets like Stockton-Lodi, CA, Fort Myers-Cape Coral, FL, Las Vegas, NV and Detroit, MI experiencing the greatest year-over-year increases in searches by consumers."

Based on historical comScore data, Realtor.com continues to be the most popular real estate website with engagement statistics unmatched by competitors in the category. Consumer traffic increased on the site by 31% year-over-year and by 35% month-to-month as more users visited Realtor.com than any other real estate site in October. Visitors viewed 14% more pages on Realtor.com compared to the same month last year. They spent 460% more minutes on the site compared to the closest competitor, for an 11% year-over-year increase in minutes, as time spent on the entire online real estate category declined by -8%.[1]

Lorna Borenstein, President of Move, Inc. adds, "In today's market, consumers need trustworthy, timely and comprehensive information as they contemplate making a significant investment in real estate. To that end, we continue to develop real estate search tools and resources that deliver the right information at the right time."

Borenstein points out that over the past year, the number of users saving a search or listing has doubled and registrations have increased by 50%. Also impressive, when visitors to the category leader were offered the opportunity to opt in to receive marketing offers and other communications, they now do so 10 times more often than they did a year ago.

In addition to gains in engagement on Realtor.com, Move.com achieved double digit month-over-month increases in unique users (+12%), visits (+21%) and minutes (+14%).[1]

"This success clearly extends our leadership position, confirming Move and our network of real estate websites are on track in the midst of an extremely challenging market. We expect to be well positioned to broaden our lead as the market rebounds," Borenstein says.

Realtor.com Searches Surge in Key Markets

Based on consumer search trends, real estate search is picking up in the markets hit hardest by the recent economic conditions, indicating renewed consumer interest in these areas. Local markets with the greatest year-over-year increases in October searches on Realtor.com included Stockton-Lodi, CA (67.4%), Fort Myers-Cape Coral, FL (57%), Riverside-San Bernardino, CA (44.9%), Naples, FL (42.7%), Las Vegas, NV (40.7%), Miami, FL (35.4%) and Oakland, CA (30%). Click http://marketing.realtor.com/octobersearch/ for the full list.

In a survey conducted last month[2], more than two thirds of identified home buyers said they've held off buying a home because of the overall economic condition. However, approximately five percent of consumers said they plan to buy a home in the next 12 months, about three times the percentage that actually bought this year,[3] and another 17.7% plan to buy a home in one to five years from now. "While today's challenging housing market has affected many, search activity on Realtor.com and findings from recent surveys tell us the desire for homeownership is alive and strong," said Errol Samuelson, President of Realtor.com.

Realtor.com Offers Freshest Home Listing Information

To provide the most up-to-date listing information to Realtor.com visitors, Move is working closely with local multiple listing services (MLS) to update Realtor.com every 15 minutes with the newest homes-for-sale and home data updates. Currently, half of all the listings on the site are updated every 15 minutes. "No other site has so many listings updated as frequently. Combined with the full array of tools, resources and connections to local Realtors(R), we're confident consumers searching for properties on Realtor.com will be better prepared and more successful in finding the homes they want," said Samuelson.

Additionally, Realtor.com is partnering to receive the most accurate, timely and detailed information about recently sold properties directly from MLS. There are now nine MLS's, representing more than 150,000 members, providing sold data directly to Realtor.com. As a result, consumers can access actual sales prices for a growing list of key housing markets within 24 hours of a sale's closing, review property details and photos, and find the transaction's listing and buyer's agents.

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

ABOUT REALTOR.COM(R)

REALTOR.com(R), where the world shops for real estate online, is operated by Move, Inc., and is the official website of the National Association of REALTORS(R). Ranked as the #1 homes-for-sale site, REALTOR.com(R) currently offers potential home buyers access to over four million property listings, as well as the most brokers and agents. It also provides REALTORS(R) and the home sellers they represent with the Internet's largest real estate marketplace, reaching more than 6.6 million consumers in October 2008[1]. Agents and companies have the power to customize REALTOR.com(R) resources to maximize their brand and productivity.

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

ABOUT MOVE, INC.

Move, Inc. is the leader in online real estate with 8.8 million[1] monthly visitors to its online network of websites. Move, Inc. operates: Move.com(R), a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com(R), the official website of the National Association of REALTORS(R); Welcome Wagon(R); Moving.com; SeniorHousingNet(TM); and TOP PRODUCER(R) Systems. Move, Inc. is based in Westlake Village, California. For more information: http://www.move.com/.

[1] comScore Media Metrix, October 2008

[2] GK Custom Research North America Survey, commissioned by Move, Inc., October 2008

[3] National Association of Realtors

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

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

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

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

Web Site: http://www.move.com/
http://www.realtor.com/

Herley Receives a $4.5 Million Contract for Microwave Assemblies for F-16 Upgrades

LANCASTER, Pa., Nov. 24 /PRNewswire-FirstCall/ -- Herley Industries, Inc. announced today that it has received a new contract award totaling approximately $4.5 million from a U. S. prime contractor.

Herley New England in Woburn, MA, has been awarded the first production contract to provide custom designed complex microwave assemblies developed for ongoing F-16 upgrades.

Myron Levy, Herley's Chairman and CEO, commented, "This award follows a successful development program completed by Herley New England last year. Herley has produced microwave components for the F-16 for many years, and we expect to receive additional awards for this upgrade. The F-16 Fighting Falcon is known as the world's premier multi-mission fighter. It has been selected by more than 20 air forces around the world, and it is anticipated that foreign military sales will continue for many years. As these upgrades are fielded by the U. S. Air Force, foreign governments may follow their lead and upgrade their F-16 fleets. With thousands of F-16's flying worldwide, upgrades and improvements can be a large business area for our Company. For example, we recently announced a second production award for next-generation low noise assemblies (LNAs) from Hill Air Force Base. The LNAs were developed for the F-16 APG-68 Radar System Fire Control Radar at our Herley Lancaster facility. These fully-qualified units are currently in production, and we expect to continue to receive significant follow-on production orders."

Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 1000 employees. Additional information about the company can be found on the Internet at http://www.herley.com/.

For information at Herley contact: Tel: (717) 735-8117 Peg Guzzetti http://www.herley.com/ Investor Relations

Safe Harbor Statement -- Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as "anticipated," "believes," "could," "estimates," "expects," "may," "plans," "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. The Company's results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.

Herley Industries, Inc.

CONTACT: Peg Guzzetti, Investor Relations of Herley Industries, Inc.,
+1-717-735-8117

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

AMICAS Showcases Comprehensive Image and Information Management Solution Suite at RSNAAMICAS' focus on radiology IT drives a strong return on investment for customers

BOSTON, Nov. 24 /PRNewswire-FirstCall/ -- AMICAS, Inc. , a leader in radiology and medical image and information management solutions, today announced that it will highlight the AMICAS ONE Suite(TM), a holistic software suite for image management, scheduling, revenue cycle management, teleradiology, and document management, at the 2008 Radiological Society of North America (RSNA) annual meeting from November 30 to December 5, 2008, in Chicago, IL. AMICAS will be in booth #7128.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060202/AMICASLOGO )

"RSNA is the perfect venue for AMICAS to showcase the AMICAS ONE Suite," said Paul Merrild, vice president of marketing at AMICAS. "We believe AMICAS is the only vendor that can support the entire radiology workflow for radiology practices and imaging businesses with a comprehensive solution suite that includes RIS, PACS, and revenue cycle management."

AMICAS' high return-on-investment solutions are designed to automate and document radiology processes and facilitate better communications between healthcare providers and their patients - and between healthcare providers.

The AMICAS ONE Suite includes the following radiology workflow-focused solutions, which are available as an integrated solution or as modular components:

-- AMICAS RIS(TM), which drives administrative staff productivity and revenue opportunities. -- AMICAS PACS(TM), which drives significant improvements in radiologist productivity while enabling improvements in the quality of care. -- AMICAS Reach(TM), which allows radiology practices and departments to provide unparalleled service to referring physicians. -- AMICAS RadStream(TM), which reduces medical-legal risk by automating and documenting critical results communications. -- AMICAS Financials(TM), which helps increase collections and reduce costs by automating the identification and management of denials and follow-up workflows. -- AMICAS Dashboards(TM), which is a Web-based business intelligence platform providing access to customized, near real time, easy-to-read data for key performance metrics and indicators. -- AMICAS Documents(TM), a paperless solution which streamlines workflow, reduces expenses, increases FTE productivity, increases collections, and facilitates HIPAA compliance.

"AMICAS is 100 percent focused on providing a comprehensive image and information management solution for radiology practices, imaging departments, and related businesses," said Stephen Kahane MD, president, chief executive officer, and chairman of AMICAS. "Our customers benefit from having one partner to help them grow, reduce costs, and improve the quality of their operations with one support team, one comprehensive solution, and one phone number."

AMICAS offers a top-flight image management platform for hospitals and an integrated RIS, PACS, document management, and revenue cycle management solution for ambulatory imaging businesses.

AMICAS, AMICAS PACS, AMICAS RIS, AMICAS Financials, AMICAS Documents, AMICAS Dashboards, AMICAS Watch, AMICAS Reach, AMICAS RadStream, RealTime Worklist, Halo Viewer, and Cashfinder Worklist are trademarks, service marks or registered trademarks and service marks of AMICAS, Inc. All other trademarks and company names mentioned are the property of their respective owners.

About AMICAS, Inc.

AMICAS, Inc. (http://www.amicas.com/) is a leader in radiology and medical image and information management solutions. The AMICAS ONE Suite(TM) of products provides a complete, end-to-end solution for imaging centers, ambulatory care facilities, and radiology practices. Acute care and hospital clients are provided with a fully integrated, hospital information system-independent PACS that features advanced enterprise workflow support and scalable design. Complementing the AMICAS solution suite is AMICAS Professional Services(TM), a set of client-centered professional and consulting services that assist our customers with a well-planned transition to a digital enterprise.

CONTACT: Aine Cryts, Marketing Communications Manager, 617.779.7802 acryts@amicas.com

Photo: http://www.newscom.com/cgi-bin/prnh/20060202/AMICASLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com AMICAS, Inc.

CONTACT: Aine Cryts, Marketing Communications Manager of AMICAS, Inc.,
+1-617-779-7802, acryts@amicas.com

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

Merrimac Receives Method of Manufacture Patent for Multi-Mix(R) Coupler Resource Module

WEST CALDWELL, N.J., Nov. 24 /PRNewswire-FirstCall/ -- Merrimac Industries, Inc. , a leader in the design and manufacture of RF Microwave components, assemblies and micro-multifunction modules (MMFM(R)), today announced that it has been granted a patent for its Multi-Mix(R) Microtechnology from the United States Patent and Trademark Office entitled "Coupler Resource Module." This patented technology enables Merrimac to produce, highly integrated, complex RF modules, with mixtures of active and passive technology in very small, rugged form factors. The flexibility of this technology allows it to be used for a wide range of components, such as amplifiers, frequency control products, passive microwave components, and integrated subsystems.

Multi-Mix(R) is a proven enabling technology for microwave multilayer integrated circuits and System In A Package(R) (SIP(R)) integrated modules. Merrimac's proprietary process for constructing RF components and integrated modules on fluoropolymer composite substrates utilizes a unique method of manufacture whereby both passive and active devices are incorporated into a homogeneous multilayer dielectric medium.

Chairman and CEO Mason N. Carter noted, "This new Multi-Mix(R) patent is another positive step in our mission to keep Merrimac positioned as an industry leader in the design and manufacture of highly integrated RF/Microwave Components, Modules and Subsystems."

About Merrimac

Merrimac Industries, Inc. is a leader in the design and manufacture of RF Microwave signal processing components, subsystem assemblies, and Multi-Mix(R) micro-multifunction modules (MMFM(R)), for the worldwide Defense, Satellite Communications (Satcom), Commercial Wireless and Homeland Security market segments. Merrimac is focused on providing Total Integrated Packaging Solutions(R) with Multi-Mix(R) Microtechnology, a leading edge competency providing value to our customers through miniaturization and integration. Multi-Mix(R) MMFM(R) provides a patented and novel packaging technology that employs a platform modular architecture strategy that incorporates embedded semiconductor devices, MMICs, resistors, passive circuit elements and plated-through via holes to form a three-dimensional integrated module used in High Power, High Frequency and High Performance mission-critical applications. Merrimac Industries facilities are registered under ISO 9001:2000, an internationally developed set of quality criteria for manufacturing operations.

Merrimac Industries, Inc. has facilities located in West Caldwell, NJ and San Jose, Costa Rica and has approximately 210 co-workers dedicated to the design and manufacture of signal processing components, gold plating of high-frequency microstrip and bonded stripline Teflon (PTFE) circuits and subsystems providing Total Integrated Packaging Solutions(R) for wireless applications. Merrimac (MRM) is listed on the American Stock Exchange. Multi-Mix(R), Multi-Mix PICO(R), MMFM(R), System In A Package(R), SIP(R) and Total Integrated Packaging Solutions(R) are registered trademarks of Merrimac Industries, Inc. For more information about Merrimac Industries, Inc. please visit our website http://www.merrimacind.com/.

This press release contains statements relating to future results of the Company (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: risks associated with demand for and market acceptance of existing and newly developed products as to which the Company has made significant investments, particularly its Multi-Mix(R) products; the possibilities of impairment charges to the carrying value of our Multi-Mix(R) assets, thereby resulting in charges to our earnings; risks associated with adequate capacity to obtain raw materials and reduced control over delivery schedules and costs due to reliance on sole source or limited suppliers; slower than anticipated penetration into the satellite communications, defense and wireless markets; failure of our Original Equipment Manufacturer or OEM customers to successfully incorporate our products into their systems; changes in product mix resulting in unexpected engineering and research and development costs; delays and increased costs in product development, engineering and production; reliance on a small number of significant customers; the emergence of new or stronger competitors as a result of consolidation movements in the market; the timing and market acceptance of our or our OEM customers' new or enhanced products; general economic and industry conditions; the ability to protect proprietary information and technology; competitive products and pricing pressures; our ability and the ability of our OEM customers to keep pace with the rapid technological changes and short product life cycles in our industry and gain market acceptance for new products and technologies; risks relating to governmental regulatory actions in communications and defense programs; and inventory risks due to technological innovation and product obsolescence, as well as other risks and uncertainties as are detailed from time to time in the Company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: Mason N. Carter, Chairman & CEO +1-973-575-1300, ext. 1202 mnc@merrimacind.com

Merrimac Industries, Inc.

CONTACT: Mason N. Carter, Chairman & CEO, Merrimac Industries, Inc.,
+1-973-575-1300, ext. 1202, mnc@merrimacind.com

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

Verizon Gives $25,000 Grant to New Jersey State Family Readiness CouncilCouncil Helps National Guard Members Facing Financial Difficulties

NEWARK, N.J., Nov. 24 /PRNewswire/ -- Verizon has awarded the New Jersey State Family Readiness Council a $25,000 grant that will be used to offer financial assistance to Guard members serving on active duty.

"As we celebrate in November the many sacrifices made by veterans around the country, we're especially proud to help those men and women now serving our nation during a time of need," said Dennis Bone, president of Verizon New Jersey. "Like many Americans, members of the National Guard and Reserve and their families are also facing economic challenges in these turbulent financial times. We hope our grant will help offset some of those difficulties for New Jerseyans who are giving in countless ways both at home and abroad."

The Family Readiness Council is a group of volunteers that meet monthly to focus on ways to assist Guard members and their families and businesses in a time of need. The Council gives grants of up to $5,000 for families, and up to $10,000 for Guard members with businesses, that are adversely affected when Guard members are deployed either domestically or overseas.

"Companies like Verizon are truly helping to provide an economic lifeline to Guard members, their families and their businesses that are being financially challenged by Guardsmen deployments," said Linda Rieth, co-chair, New Jersey State Family Readiness Council. "Extended deployments can lead to financial hardships, and our Council, supported by companies like Verizon, can make a real and sustainable difference."

Applications for Family Readiness Council grants are available at New Jersey Army and Air National Guard centers around the state.

The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its signature program, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2007, the foundation awarded more than $67.4 million in grants to nonprofit agencies in the United States and abroad. The foundation also matched the charitable donations of Verizon employees and retirees, resulting in $25.1 million in combined contributions. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered more than 3 million hours of community service since Verizon's inception in 2000.

For more information on the foundation, visit http://www.verizon.com/foundation.

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: Rich Young of Verizon, +1-937-649-2279,
richard.j.young@verizon.com

Web Site: http://www.thinkfinity.org/
http://www.verizon.com/

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

Kewaunee Scientific Corporation Declares Quarterly Dividend

STATESVILLE, N.C., Nov. 24 /PRNewswire-FirstCall/ -- Kewaunee Scientific Corporation announced today that its Board of Directors declared a quarterly cash dividend of eight cents per outstanding share, payable on December 19, 2008 to stockholders of record at the close of business on December 5, 2008.

The company is scheduled to release the financial results for its second quarter ended October 31, 2008 after the close of the market on December 3, 2008.

Kewaunee Scientific Corporation is a recognized leader in the design, manufacture, and installation of scientific and technical furniture. The Company's corporate headquarters and domestic manufacturing facilities are located in Statesville, North Carolina. The Company also has subsidiaries in Singapore and Bangalore, India that serve the Asian and Middle East markets. Kewaunee Scientific's website is located at http://www.kewaunee.com/.

Contact: D. Michael Parker

704/871-3290

Kewaunee Scientific Corporation

CONTACT: D. Michael Parker of Kewaunee Scientific Corporation,
+1-704-871-3290

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

/C O R R E C T I O N -- Paradigm Holdings, Inc./In the news release, Paradigm Details Industry-Leading Mission Resilience Capabilities within the Federal Government, issued 24-Nov-2008 by Paradigm Holdings, Inc. over PR Newswire, we are advised by the company that there were changes to the original release. The complete, corrected release follows:Paradigm Details Industry-Leading Mission Resilience Capabilities within the Federal GovernmentProvides Government Agencies with Continuity of Operations (COOP), Emergency Planning, and IT Disaster Recovery Services

ROCKVILLE, Md., Nov. 24 /PRNewswire-FirstCall/ -- Paradigm Holdings, Inc. (BULLETIN BOARD: PDHO) ("Paradigm") a provider of comprehensive information technology and business solutions for federal government enterprises, today detailed its industry-leading Mission Resilience capabilities for customers within the federal government.

Paradigm's Mission Resilience practice is focused on understanding the missions of its federal clients and implementing solutions that ensure continuity of essential functions and the health and safety of federal employees, contractors, and the general public. Specifically, Paradigm provides continuity of operations (COOP), IT contingency (disaster recovery), and emergency management consulting services that are based on applicable federal guidance, including HSPD-20/NSPD-51, FCD's 1 and 2, and NIST SP 800-34, as well as private industry best-practices.

Paradigm is well-equipped to address serious potential threats to its federal clients through its highly trained staff of Mission Resilience analysts, its previous experience providing Mission Resilience services in support of federal enterprises and as the exclusive reseller of OpsPlanner(TM) software for the federal government. OpsPlanner(TM) is a premier COOP and emergency management software tool whose integration of planning, incident management and emergency notification improves the recovery capability of federal organizations by making plans significantly more actionable, by enhancing interoperable communications and staff accountability, and by ensuring that recovery plans and other vital records are always available following any disaster.

Paradigm's Mission Resilience practice is actively involved with established continuity planning and emergency management organizations, including the Disaster Recovery Institute International (DRII), the Association of Contingency Planners (ACP), and the Association of Emergency Managers (IAEM). Paradigm currently provides its Mission Resilience services to a broad array of federal agencies, including the Department of Homeland Security (DHS), the National Archives & Records Administration (NARA), and the Federal Bureau of Prisons (BOP).

Peter LaMontagne, President and CEO of Paradigm Solutions commented, "With increasing global uncertainty and growing threats to our national interests at home and abroad, we are proud of our role in providing solutions that enhance the preparedness of our federal government clients. The combination of our expert consulting services, our emergency planning software tools, and our carefully-selected strategic alliances can help our federal clients ensure an unmatched ability to plan for, and recover from, any disruption to normal operations."

About Paradigm Holdings, Inc.

Paradigm Holdings, Inc., (http://www.paradigmsolutions.com/) is a provider of comprehensive information technology and business solutions for government enterprises. Paradigm specializes in Enterprise Risk Management, Systems Engineering, Infrastructure Support, and Information Assurance and Cyber Forensics solutions for government customers. Paradigm also provides intelligence analyst and linguistic support for National Security programs. Headquartered in Rockville, Maryland, the Company currently employs approximately 200 people across 12 states.

Safe Harbor Statement

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Paradigm Holdings, Inc. assumes no obligation to update the information contained in this press release. Future results for Paradigm Holdings, Inc. may be affected by its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors as its major customers, timely passage of components of the federal budget, timely obligations of funding by the federal and state governments, its dependence on procuring, pricing and performing short-term government contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, including seasonal impacts, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements and other Paradigm Holdings, Inc. specific risks and uncertainties please refer to recent SEC filings for Paradigm Holdings, Inc., which are available from the Edgar Web site at http://www.edgar.org/.

Paradigm Holdings, Inc.

CONTACT: David K. Waldman or Klea Theoharis, both of Crescendo
Communications, LLC, +1-212-671-1020, for Paradigm Holdings, Inc.

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

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

STERLING, Conn., Nov. 24 /PRNewswire/ -- - In a continuing effort to provide the best wireless service for local residents in Windham County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Plainfield Turnpike, Church Street, and Main Street in Sterling, Connecticut, as well as the surrounding area.

Verizon Wireless has invested more than $48 billion since it was formed to increase the coverage and capacity of its national network and to add new services like BroadbandAccess and V CAST. Regionally the company has invested over $2.2 billion into its New England network, including over $100 million during the first six months of 2008. As the wireless carrier with America's largest 3G network, every Verizon Wireless cell site in New England provides wireless broadband connectivity.

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

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

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

The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "can you hear me now" national advertising campaign. Nationally, these test men and women drive more than 90 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high-population areas, based upon U.S. Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 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, visit http://www.verizonwireless.com/ . To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .

Verizon Wireless

CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213; or Marcia
Simon of Thomson Communications, +1-860-399-0191

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

Consumers, Businesses in Monroe, N.C., Area Now Have Access to Fast, Affordable Verizon High Speed Internet ServiceVerizon's $1.8 Million Investment Brings Broadband to About 27,000 Households

MONROE, N.C., Nov. 24 /PRNewswire/ -- Consumers and businesses in the Monroe area now have access to Verizon High Speed Internet service, allowing them to quickly download movies, share photos or video with friends and family, and create their own Internet content.

Verizon has installed high-speed Internet equipment, based on digital subscriber line (DSL) technology, at the company's communications facilities in Monroe, Altan and Goose Creek. This $1.8 million investment enables the company to offer broadband access to about 27,000 phone lines in the following areas of Monroe: Airport; Bakers - Old Charlotte Highway; Brightland; Cornerstone; Highway 74; Hospital; Indian Trail; McRorie Road; Mill Creek; Morgan Mill; Myers Road; New Town; Newtowne Estates; North Carolina Highway 84; Rogers Road; Secrest; Stitt Street; Sunset Drive; Williams Road; Parkwood in Altan; and Highway 200 North and Highway 218 in Goose Creek.

"Verizon is helping more rural residents and businesses across Monroe to make the high-speed connections that are important to them," said Stan Pace, Verizon's vice president of public affairs, policy and communications in North Carolina. "Our significant investment in places like Monroe means that many more customers in rural communities have access to affordable high-speed Internet service, backed by the reliability and security of Verizon's network."

Verizon High Speed Internet subscribers have access to an extensive collection of features and services, including online protection with Verizon Internet Security Suite; Verizon Enhanced E-mail; Verizon Premium Tech Support; online gaming; free news from ABC News Now; free sports from ESPN360; and more.

Verizon High Speed Internet service is delivered on a dedicated line from Verizon's central switching office to the customer's home or business and is backed by live, 24 x 7 customer service and technical support. The service typically is available to residents and businesses that are located within approximately three miles of the company's central switching offices.

"We have some great promotional offers in place right now for new customers, so this is the perfect time to sign up for Verizon High Speed Internet service," said Pace.

Verizon's entry-level High Speed Internet service offers speeds of up to 1 megabit per second (Mbps) downstream and 384 kilobits per second (Kbps) upstream, and consumers can order the new entry-level service for $9.99 per month for the first six months with a one-year contract. Under the contract, monthly pricing for the remainder of the annual plan will be $21.99 per month. New customers who order the up-to-1 Mbps/384 Kbps service can receive the first month free when ordering online at http://www.verizon.net/highspeed.

Consumers who want faster speed can order Verizon's up-to-3 Mbps/768 Kbps service for $19.99 for the first six months as part of an annual plan, with the following six-month pricing of $31.99 per month. The up-to-3 Mbps service delivers download speeds 50 times faster than dial-up. Residential consumers can call 800-483-4000 or visit http://www.verizon.net/highspeed to check their eligibility, or to place orders.

Verizon High Speed Internet for Business packages offer a choice of speeds, static IP (Internet protocol) addresses, remote dial-up access, networking and domain name e-mails. Area businesses can get more information about service availability and pricing by calling 888-376-3365 or visiting http://www.verizon.com/businessdsl.

Broadband Speeds, Value-Rich Bundles for Every Lifestyle

For $99.99 a month for a year, customers can select a triple-play bundle of Verizon High Speed Internet service at up to 3 Mbps, unlimited local and nationwide long-distance voice service with several calling features and DIRECTV's PLUS DVR package with more than 200 digital TV channels and DVR service, plus a free DVR upgrade and SHOWTIME premium movie channels for 12 months.

For $119.99 a month for a year, customers can obtain a triple-play bundle of Verizon High Speed Internet service at speeds up to 3 Mbps, unlimited local and nationwide long-distance voice service with several calling features and DIRECTV's PLUS HD DVR package with more than 200 digital TV channels and DVR service, plus a free HD-DVR upgrade and SHOWTIME and Starz premium movie channel packages for 12 months.

Double-play bundles range in price from $49.99 to $79.99 per month and offer unlimited local and nationwide long-distance phone service plus Verizon High Speed Internet service. Double-play bundles featuring unlimited local and nationwide long-distance phone service plus DIRECTV service range from $64.99 to $104.99 per month. Additional services and upgrades also are offered with these bundles.

Residential customers interested in Verizon's new bundles can call 1-800-483-4000 or visit http://www.verizon.com/bundles.

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: Sandra Arnette of Verizon, +1-410-393-7109,
sandra.u.arnette@verizon.com

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

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

Overstock.com Creates $50,000 Family Bailout PackageOverstock.com responds to economic uncertainty with the Overstock.com Family Bailout

SALT LAKE CITY, Nov. 24 /PRNewswire-FirstCall/ -- Overstock.com, Inc. today announced that the online retailer will pay off $50,000 of the debt of the winner of its "Overstock.com Family Bailout" plan. The contest kicks off today, November 24, 2008, with an official entry deadline of December 22, 2008. The winner of the bailout package will be announced December 30, 2008. No purchase is necessary for eligibility; however, entrants are automatically submitted when purchasing items through Overstock.com. To enter or nominate someone you know, visit: (http://www.overstock.com/familybailout).

"We're sinking into the most challenging economic environment since the Great Depression," said Patrick Byrne, Overstock.com chairman and CEO. "This is our way of lending a helping hand to those that need it."

Overstock.com created the Family Bailout plan in order to give those who visit Overstock.com the chance to pay off their mortgage, credit cards, or other large debts in a troubled economic time.

The bailout will award one qualifying entrant with up to $50,000 to be paid by Overstock.com directly to one or more qualified creditors of the winner or the winner's immediate family.

"In these tough times we wanted to do something special to help the families who visit us," said Byrne. "That's why we've created the Overstock.com Family Bailout Plan."

For further details and complete terms and conditions on the Overstock.com Family Bailout, visit (http://www.overstock.com/familybailout).

About Overstock.com

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

Overstock.com(R) is a registered trademark of Overstock.com, Inc.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding the economic environment and the company's way of helping its customers. Our Form 10-K for the year ended December 31, 2007, our subsequent quarterly reports on Form 10-Q, or any amendments thereto, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.

Overstock.com, Inc.

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

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

Futurestep Appoints Jacques Bossonney as European Recruitment Process Outsourcing (RPO) Leader- RPO Leader Reflects Continued Commitment to RPO Success in the Region -

LOS ANGELES, Nov. 24 /PRNewswire/ -- Futurestep, a Korn/Ferry Company , today announced that Jacques Bossonney has joined the company as European Recruitment Process Outsourcing (RPO) Leader. With an extensive background in corporate leadership and Business Process Outsourcing, he will play a key role in the continued growth of Futurestep's RPO business around the world.

Bossonney joins Futurestep from ADP, a global Human Resources Business Process Outsourcing (BPO) provider. Most recently, he was based in France as a senior sales executive, and he has extensive experience with outsourcing solutions and consulting. Prior to ADP, he was a managing principal at Pricewaterhouse Coopers. Bossonney holds a DESS (one-year post-graduate diploma) from the Institut d'Administration des Entreprises of Lyon, France and an MBA from the Kellogg Graduate School of Management at Northwestern University in Evanston, Illinois.

"Our unique Strategic RPO is helping companies around the world translate talent acquisition strategy into core business impact," said Futurestep Europe President Didier Bonnefoy. "As European RPO Leader, Jacques provides the vision, experience and strategic perspective to reinforce Futurestep's record of success. With unmatched industry expertise, innovative competency-based solutions and global reach, Futurestep continues to deliver on its role as a recognized leader in the growing European RPO industry."

"Futurestep is committed to delivering results for its Strategic RPO clients in Europe and around the world," said Futurestep Chief Executive Officer Robert McNabb. "By providing solutions that answer our clients' needs and leveraging our strong brands, we are establishing ourselves as the market leader in RPO and Strategic Talent Acquisition solutions. Jacques' RPO leadership is critical to Futurestep Europe's continuing leadership in the industry. Under his direction, we look forward to continued success for our business in the region and, most importantly, for our clients, who look to Futurestep to deliver business impact as a trusted RPO partner."

About Futurestep

Futurestep, a Korn/Ferry Company, is the industry leader in strategic talent acquisition, offering fully customized, flexible solutions to help organizations meet specific workforce needs. Our full-spectrum portfolio of services includes: Strategic Recruitment Process Outsourcing (RPO), Project- Based Recruitment, Mid-Level Recruitment, Interim Professionals and Consulting Services. With locations on four continents and a record of success in securing top talent around the world, Futurestep provides the experience and global reach to identify, attract and retain the people who drive business success. To learn more, visit futurestep.com.

About Korn/Ferry International

Korn/Ferry International, with more than 90 offices in 39 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent. For more information on the Korn/Ferry International family of companies, visit kornferry.com.

Futurestep

CONTACT: Kelly Cartwright of Futurestep, 1-877-639-6262,
kelly.cartwright@futurestep.com

Web site: http://www.futurestep.com/
http://www.kornferry.com/

QSGI Announces $5 Million IT Buy-Back Program for December 2008

HIGHTSTOWN, N.J., Nov. 24 /PRNewswire-FirstCall/ -- QSGI, Inc. (OTC Bulletin Board: QSGI) the only provider of a full suite of information technology services to help corporations better manage IT assets and data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced a $5 million IT corporate buy-back program for December 2008. Qualified IT assets include server, storage, networking, and laptop equipment from Cisco, Dell, EMC, HP, Hitachi, and IBM.

Marc Sherman, chairman and chief executive officer of QSGI, commented, "We're advising QSGI clients and other corporations to stay ahead of the supply/demand curve regarding disposition of surplus IT assets. Recent economic contractions and layoffs will predictably lead to a glut of used IT equipment for sale on the open market. We believe clients that act quickly will be in the best position to recover the most value for any excess equipment. QSGI's IT buy-back program provides a chance for these clients to maximize their return while at the same time clearing these transactions in Q4 instead of carrying the transactions over to their 2009 financial statements. We see this as an opportunity for QSGI to place this equipment into consumer hands, at a great value. This strategy is consistent with our expanded retail remarketing capabilities."

Mr. Sherman concluded, "The need for protecting confidential information stored on computers is in no way diminished, and completion of QSGI's data eradication process is a pre-condition for acceptance into the buy-back program. QSGI's rigorous standards regarding onsite data eradication, certification, and indemnification will apply to all assets accepted into the buy-back program."

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/.

Statements about QSGI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. QSGI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and QSGI's actual results could differ materially from expected results. QSGI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

QSGI, Inc.

CONTACT: IR Contact, David K. Waldman or Klea K. Theoharis, both of
Crescendo Communications, LLC, qsgi@crescendo-ir.com, +1-212-671-1020

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

Worlds.com, Pioneer of 3D Virtual Worlds Announces Private Placement Financing

BOSTON, Nov. 24 /PRNewswire-FirstCall/ -- Worlds (http://www.worlds.com/) (OTC Bulletin Board: WDDD), the pioneer and patented technology platform for 3D virtual communities announces that it completed a private placement of its common equity which raised $481,000 at a purchase price of $ .30 per share.

"Worlds raised these funds to continue our restructure and operations. Given the current market conditions we are pleased in the faith that our investors have placed in Worlds and our potential for the future" stated Thom Kidrin, CEO of Worlds.com.

Worlds' users create avatars that navigate through virtual worlds as well as build their own worlds on a P2P network. The company is building on existing formats to improve entertainment, socializing, and marketing capabilities in the 3D online environment. Worlds' users have a personal avatar which allows them to move, view, voice chat, send email, join discussion groups, listen to music, watch videos, and shop within virtual worlds community.

Worlds received its first US patent, number 6,219,045, for multi-user server technology for 3D applications, in 2001 and patent 7,181,690 B1 was granted in February 2007.

About Worlds:

Worlds.com was founded in 1994 and utilizes its patented 3D technology in partnership with brand leaders in specific market segments to offer 3D multi-user environments that have interactive Avatars, rich media graphics, text chat, voice-to-voice chat, video and e-commerce. The 3D communities allow visitors to interact with each other, teleport throughout the Worlds environment as well as participate in shared experiences. Besides partnering with existing content providers that have strong brands and an existing following, Worlds also encourages individuals to create their own virtual spaces, communities and unique Avatars with easy-to-use tools. Worlds was, and remains, true "social networking" well before the term became mainstream.

Forward Looking Statements

This release contains certain forward-looking statements and information relating to Worlds that are based on the beliefs of Worlds' management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company's services and products, and changes in technology. Additional risk factors are included in the Company's public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as hoped, anticipated, believed, estimated, preparing or expected. The Company does not intend to update these forward-looking statements.

Worlds

CONTACT: Robert Fireman, +1-781-559-8707,
rfireman@firemanassociates.com, for Worlds

AT&T Delivers Highlights From 2008 Golden Goggle Awards Via the TV and PC and Sends One Lucky Customer to Star-Studded Event in New YorkTelevision, Film and Sports Stars Including Michael Phelps, Bob Costas, David Blaine, Tiki Barber Expected to Help the USA Swimming Foundation Honor 2008 Award Winners at Annual Ceremony

DALLAS, Nov. 24 /PRNewswire-FirstCall/ -- For the second year in a row, AT&T invites fans of the USA Swimming National Team to dive into front-row seats at the star-studded 2008 Golden Goggle Awards.

AT&T Inc. and the USA Swimming Foundation (http://swimfoundation.org/) announced today that highlights from the 2008 Golden Goggle Awards, the most esteemed awards show in American swimming, will be available via AT&T U-verse(SM) TV Video On Demand starting Monday, Dec. 1, and are also now available on the AT&T blue room (http://www.attblueroom.com/teamusa) and http://www.usaswimming.org/.

Hosted by legendary sportscaster Bob Costas, event highlights will include red carpet interviews by five-time Olympic medalist Josh Davis and sportscaster Craig Hummer; award presentations to world-class athletes; recognition of the 2008 U.S. Olympic Team including record-breaking Olympians Michael Phelps and Natalie Coughlin; behind-the-scenes footage from backstage; and exclusive outtakes.

"Thanks to record-breaking performances at the 2008 Olympic Games in Beijing, swimming has gained new respect and become an instrumental part of American culture," said Jason Simpson, AT&T director of Olympic Integration. "We are thrilled to once again work with USA Swimming to deliver fans with exclusive content from this one-of-a-kind awards celebration."

In addition, last month AT&T offered fans the chance to enter a sweepstakes to attend the 2008 Golden Goggle Awards. The contest winner, Whitney Gilstrap of Joplin, Mo., was presented with an all-expense-paid trip for two to New York City for the ceremony.

"Winning this trip to New York to see my favorite athlete, Michael Phelps, in person was simply amazing," said Gilstrap. "We can't wait to share pictures from this once-in-a-lifetime experience."

The Golden Goggle Awards annually recognizes the international accomplishments of USA Swimming's top athletes. Among this year's nominees are 43 Olympians and 11 world-record holders from the 2008 Olympic Games. In addition, an assortment of celebrities -- including stars of the silver screen, network television personalities and 18 other Olympic legends -- will be on hand to present the 2008 winners with their awards.

As an official partner of the U.S. Olympic Team and USA Swimming, AT&T provides significant financial support, products and services to America's athletes. In addition, AT&T served as the official telecommunications services partner of the U.S. Olympic Team for the 2008 Olympic Games in Beijing. For the complete array of AT&T offerings, visit http://www.att.com/.

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.

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.

About USA Swimming

As the National Governing Body for competitive swimming in the United States, USA Swimming formulates the rules, implements policies and procedures, conducts national championships, disseminates safety and sports medicine information and selects athletes to represent the United States in international competition. USA Swimming has more than 300,000 members nationwide and sanctions more than 7,000 events each year. For more information, visit usaswimming.org.

AT&T Inc.

CONTACT: Sean Lashley of AT&T Corporate Communications, +1-314-982-1746,
slashley@attnews.us; or Jamie Fabos Olsen of USA Swimming, +1-719-866-2340,
jolsen@usaswimming.org

Web site: http://www.att.com/
http://swimfoundation.org/
http://www.attblueroom.com/teamusa
http://www.usaswimming.org/

It's the Ultimate Holiday Giveaway From Nintendo Wii and Scion xB! Get Ready for COMEDY CENTRAL's(R) 'Thanxgiveaway 2008 Retail Tailgate' Thursday, November 27 Through Sunday, November 30COMEDY CENTRAL To Air Four Days Of Programming In Celebration Of The Thanksgiving Holiday48 Hourly Codes To Appear On-Air, Prompting Viewers To Enter Sweepstakes On Thanxgiveaway.comGrand Prize Winner To Receive A Tricked-Out Scion xB With A Nintendo Wii Console And More48 Winners Will Be Awarded A Wii From Nintendo, A Copy Of "Super Smash Bros. Brawl" And A Canon(R) Powershot Camera

NEW YORK, Nov. 24 /PRNewswire/ -- COMEDY CENTRAL is sweeping viewers away for a real holiday break during Thanxgiveaway Wiikend. This year, COMEDY CENTRAL teams up with Wii and Scion xB to give one lucky Grand Prize winner the keys to a brand new, tricked-out Scion xB, $5,000 in cash and a brand new Canon(R) PowerShot camera. COMEDY CENTRAL will also give away 48 hourly prize packages including a Wii console and more. And one lucky winner will take home a 49th bonus prize pack!

From Thursday, November 27 through Sunday, November 30, COMEDY CENTRAL will air a mix of programming to celebrate the network's Thanxgiveaway Wiikend. Viewers need to stay tuned because a different code will appear approximately every hour, giving fans a chance to win 48 prize packages and a shot at the grand prize. By logging onto http://www.comedycentral.com/thanx, viewers can enter the codes to become eligible for all the prizes. Viewers can also text ENTER to 44686 for a chance to win a bonus 49th prize pack. The sweepstakes entry period will end December 7.

COMEDY CENTRAL will celebrate this year's Thanxgiveaway Wiikend with its first-ever "Thanxgiveaway 2008 Retail Tailgate." Viewers can spend the weekend curbside at NorthSouth Mall for team coverage of the most highly-anticipated retail event of the year. COMEDY CENTRAL's broadcast studio will be home base, as hosts throw to a field reporter in the mall parking lot. And the coverage will be epic, from the tailgate turkey cook-outs to the hard-hitting, head-to-head, winner-take-mall mayhem when the doors finally open.

With help from official sponsors Wii and Scion xB, COMEDY CENTRAL will blow out the weekend like a shopping Super Bowl, complete with commentary, stats and play-by-play of the mad scramble they call Black Friday.

In addition to the awesome prizes, viewers can chow down on a variety of laugh-out-loud programming all weekend long. Tune in for stand-up specials from Jeff Dunham, Dane Cook, Ron White and more.

"Thanxgiveaway Wiikend" is sponsored by Wii and Scion xB.

COMEDY CENTRAL, the only all-comedy network, currently is seen in more than 95 million homes nationwide. COMEDY CENTRAL is owned by, and is a registered trademark of, Comedy Partners, a wholly-owned division of Viacom Inc.'s MTV Networks. COMEDY CENTRAL's Internet address is http://www.comedycentral.com/. For up-to-the-minute and archival press information and photographs visit Press Central, COMEDY CENTRAL's press Web site at http://www.comedycentral.com/press.

COMEDY CENTRAL Corporate Communications

CONTACT: Jamie Lee of COMEDY CENTRAL, +1-212-767-3949,
jamie.lee@comedycentral.com

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

Leading Mexican Bank Selects VideoSphere Managed Services Offering

OTTAWA, Nov. 24 /PRNewswire-FirstCall/ -- March Networks(R) (TSX:MN), a leading provider of intelligent IP video and business analysis applications, announced today that a major financial institution in Mexico has selected the Company's Managed Video Network Services to ensure the optimal performance of its IP video surveillance systems.

The financial institution is currently using March Networks' video management platform across more than 1,300 retail branches. It will now outsource the ongoing health monitoring and management of that surveillance solution to the Company's network operations center (NOC). Part of the VideoSphere(TM) Intelligent Video Management portfolio, the managed service supports an organization's ability to benefit from advanced IP video technologies and applications while extending existing resources.

Using intelligent management tools central to the Company's enterprise-class solution, NOC personnel will remotely monitor the customer's network of cameras, NVRs and disk drives. They will track system metrics and proactively diagnose and address potential issues before they affect performance, working remotely with a local certified provider for onsite service requirements. Managed Video Network Services maximize surveillance uptime and help ensure video evidence is available whenever it is needed. In addition, the offering includes ongoing software maintenance and updates that provide customers with the latest functionality available in the Company's portfolio.

"We are pleased to extend our relationship with this leading financial institution by delivering advanced services that ensure the highest level of system availability," said Peter Strom, President and CEO, March Networks. "We expect managed services to be a growth engine for the Company as more financial institutions turn to outsourcing as a cost-effective way to manage their security infrastructure."

About March Networks

March Networks(R) (TSX:MN) is a leading provider of intelligent IP video and business analysis applications that enable organizations to reduce losses, mitigate risks and improve security and operational efficiency. The Company's advanced software suite includes enterprise-class video management, powerful analytics and comprehensive managed and professional services. Our software and systems are used by leading financial institutions, retailers, transportation authorities and other organizations in more than 50 countries. For more information, please visit http://www.marchnetworks.com/.

Forward-Looking Statements

This release contains certain forward-looking information, including expectations of future business. This information is based on the company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks' control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks' public filings with regulatory authorities in Canada. March Networks assumes no obligation to update these forward-looking statements as a result of new information or future events.

* MARCH NETWORKS, VideoSphere and the MARCH NETWORKS logo are trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.

MARCH NETWORKS CORPORATION

CONTACT: Peter Wilenius, March Networks Corporation, (613) 591-8181,
pwilenius@marchnetworks.com

Gameloft and Alltel Wireless Announce 'Holiday Gamer' Sweepstakes

SEATTLE and NEW YORK, November 24 /PRNewswire-FirstCall/ -- Gameloft, a leading developer and publisher of video games on consoles and mobile phones announced today the launch of the "Holiday Gamer Sweepstakes", a promotion that allows customers of Alltel Wireless, America's largest wireless network, to download and play new Gameloft mobile games on their phones while simultaneously entering to win a prize.

Now through December 31st, customers can enter the "Holiday Gamer Sweepstakes" by visiting the Axcess/Alltel Shop on their phone. Once at the Axcess/Alltel Shop, customers can simply select "Games" and purchase any Gameloft game, from the Download to Win folder. Participants will receive one automatic entry into the sweepstakes for each downloaded game. The Grand Prize winner will receive a 42-inch high-definition, flat screen TV, the top video game systems and a selection of games for each system. For more information on prizes and rules, visit https://www.gameloft.com/promo/alltel-sweeps/.

"Gameloft's titles are considered amongst the best in the mobile industry, and we are constantly seeking ways to share the positive gaming experience with Alltel Wireless customers," said Gonzague De Vallois, senior vice president of Gameloft. "The 'Holiday Gamer Sweepstakes' is a fun way to introduce casual and hardcore gamers to mobile games within Alltel Shop."

"The sweepstakes is a perfect way to gear up for the holiday season, and Alltel is thrilled that our customers can explore all the great Gameloft titles available on Alltel Shop," said Kristi Crum, director of data and content services for Alltel Wireless.

For more information on the sweepstakes, customers can visit https://www.gameloft.com/promo/alltel-sweeps/.

About Alltel Wireless

Alltel is owner and operator of the nation's largest wireless network and has more than 14 million customers. For more information about Alltel, please visit http://www.alltel.com/.

For more information, visit http://www.gameloft.com/

Gameloft

CONTACT: For further information, please contact: Sanette Chao,
Director, Public Relations - +1-212-994-2495 - Sanette.chao@gameloft.com.
Lucie Pathmann, Director, Marketing Communications - +1-501-905-5553-
lucie.r.pathmann@alltel.com

Onvia Presented at Seattle Chamber of Commerce Minority Business Roundtable EventMarketing Executive Cheryl Engelaer Provided 'Introduction to Digital Marketing'

SEATTLE, Nov. 24 /PRNewswire-FirstCall/ -- Onvia (http://www.onvia.com/fp/Default.aspx) , which helps businesses achieve a competitive advantage by delivering timely and actionable business opportunities and intelligence, participated in the Seattle Chamber of Commerce's recent Minority Business Roundtable. The company's Senior Director of Online Marketing, Cheryl Engelaer, gave a presentation entitled "Introduction to Digital Marketing," during which she provided an overview of digital marketing and discussed how attendees can kick-start an online marketing program to help generate awareness and drive sales leads for their organizations.

"We feel it is very important to be involved with our community," said Mike Pickett, Onvia CEO. "Our corporate mission is to help companies build their businesses and achieve competitive advantage through the power of information, and we are happy to be able to use our skills and expertise in forums like these to help local businesses do just that -- especially in this particularly turbulent economic environment."

The Minority Business Roundtable is a new roundtable, offered by the Urban Enterprise Center of the Greater Seattle Chamber of Commerce, which focuses on the needs of minority business owners. It's a resource for minority entrepreneurs and small business owners who want to grow their business. Members of the roundtable interact with other minority and mainstream business owners to both give and receive advice on fundamental business issues.

"Onvia has contributed greatly to the Chamber's ability to help minority businesses make critical assessments and develop strategies for improvement," said Dr. Skip Rowland, executive director of the Urban Enterprise Center. "With friends and resources like Onvia, sharing their skills and expertise, the road to parity between minority and mainstream businesses will be paved."

About Onvia

Onvia (http://www.onvia.com/fp/Default.aspx) helps businesses achieve a competitive advantage by delivering timely and actionable intelligence on pending projects, sales leads and key business contacts. More than 8,100 clients across the United States rely on Onvia as a comprehensive resource for industry-specific information needed to plan, market and sell effectively. Onvia offers unparalleled coverage of government purchasing activity in addition to commercial and residential projects in development. Onvia was founded in 1996 and is headquartered in Seattle, Washington.

Onvia

CONTACT: Jessica Mularczyk, +1-508-498-9300, mularczykpr@verizon.net,
for Onvia

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

Xbox 360 Survey RevealsFamilies are sticking together and searching for better entertainment value this holiday.

REDMOND, Wash., Nov. 24 /PRNewswire-FirstCall/ -- A tough economy is casting a shadow over many people's gift-giving list right now, providing a question mark as to how they will spend their hard-earned cash this holiday season. To better understand how America's shopping and entertainment habits are evolving this year, Microsoft Corp. collaborated with Ipsos(1) and StrategyOne(2) to produce the Xbox 360 Holiday Entertainment Survey. It's no surprise that the majority of respondents admitted to being more cautious about how they will spend their hard-earned cash.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) Some of the key findings include these: -- 60 percent of respondents are planning to stay at or close to home to save money over the holidays -- 71 percent are looking for one gift to bring the family together -- 89 percent are hunting for gifts that keep on giving -- 81 percent of adults in households with children are looking for gifts that provide entertainment while staying home this year(2) -- 86 percent of young adults hope to receive at least one video game this year -- 40 percent of adults will visit the movie theater less than last year Almost Everyone Will Stay Home for the Holidays

This year, the home is the destination for holiday entertainment with three out of five Americans anticipating spending Thanksgiving, Christmas or New Year's Eve at home to save money. In other words, many families will spend their holiday season in the living room, looking for ways to be entertained economically.

Being Entertained at Home is Crucial to Family Happiness

As purse strings tighten, two-thirds of respondents said they are planning to spend less on friends and family than they did last year(2), with the average American reporting they plan to reduce holiday gift spending by 16 percent, an average of $124 less than 2007. People are looking for something that doesn't cost too much yet will entertain a wide variety of relatives and holiday houseguests.

Moms polled were interested in finding a way to keep the entire family entertained, with 40 percent agreeing that it was difficult to keep everyone amused. To help put a smile on the faces of family members, 81 percent of parents are looking for gifts this year that can entertain everyone in the comfort of their own home(2). Almost one in three adult respondents said that too much family time around the holidays can get "boring," and one in five agreed that their family spends long hours sitting around with "nothing to do" during the holidays.

Everyone loves movies. Nearly three-quarters of survey respondents said they plan on watching feature films this holiday. But 40 percent said they would cut back on trips to movie theaters, and 23 percent confirmed they'll be watching more movies from home.

The Family That Plays Together . . .

After watching movies and TV, playing video games is the next-most popular way for 18-49 year olds to have fun over the holidays, and 86 percent of young adults are looking forward to receiving at least one game this holiday season(2). A recent Microsoft and Harris Interactive Inc. study also found that 64 percent of parents would spend more time playing video games if it was an activity the entire clan could do together. This means in 2008 the whole family can get together and play games such as "Scene It? Box Office Smash," "Lips" and "You're in the Movies."

http://www.xbox.com/value

Launched today, http://www.xbox.com/value is a new section on Xbox.com that pulls together all the latest information about how to get the best return for your holiday entertainment spending this year.

The Xbox 360 Holiday Gift Influencer is a brand-new tool that allows you to answer a series of questions and then receive a customized letter that you can provide to the gift-giver in your life to prove why you need an Xbox 360 console. This funny letter can be e-mailed or printed out, along with an Xbox 360 product wish list to further lead your gift-giver down the right path this holiday.

Xbox 360: Something for Everyone

From games to music to movies, Xbox 360 gives you much more than the typical holiday present -- and with an estimated retail price (ERP) starting at $199.99(3), it costs less than you think. With more than 200 E- and T- rated games for the family and the ability to watch TV shows, stream Netflix movies and more(4), Xbox 360 delivers something for every member of your family. After the holidays are over, Xbox 360 is one gift that won't collect dust.

By joining forces with Netflix, Xbox 360 now offers an additional 12,000 movies and TV episodes to Xbox LIVE Gold Members, for a total of nearly 30,000 pieces of video content.

Xbox 360 is the most affordable next-generation console on the market. The Xbox 360 Arcade Holiday Console comes with six free games, including "Sega Superstars Tennis" and five Xbox LIVE Arcade titles. The Xbox 360 console ($299.99 ERP) and the Xbox 360 Elite Holiday Console ($399.99 ERP) pair the consoles with smash hits such as "LEGO Indiana Jones: The Original Adventures" and "Kung Fu Panda" at no additional cost. With Platinum Hits titles including "Forza Motorsport 2," "Top Spin 2" and "LEGO Star Wars II: The Original Trilogy" starting at a suggested retail price of just $19.99 ERP, it's never been cheaper to start creating your own library of great games, too!

About Xbox 360

Xbox 360 is a premier video game and entertainment system. It is home to the best and broadest games plus more standard and high-definition movies and TV shows on demand than any other device connected to the TV. The digital center of the living room, Xbox 360 blends unbeatable content, including personal pictures and music, with a unified online social network to create a limitless entertainment experience that can be shared at home or across the globe. More information can be found online at http://www.xbox.com/xbox360.

About Microsoft

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

Hard drive recommended for Xbox LIVE, and is required for some features. LIVE Gold membership and/or other fees may apply. See xbox.com/live.

(1) Ipsos survey conducted online by a national representative sample of 1,008 adults aged 18 and older, during the week of Oct. 6, 2008, and during the week of Oct. 27, 2008. (2) Data from StrategyOne study conducted by national random-digit-dialing phone study of 1,000 representative adults aged 18 and older in September 2008 (all other statistics from Ipsos survey). (3) Estimated retail price; actual prices may vary. (4) Xbox LIVE Gold membership and Netflix unlimited subscription plan required. See Netflix Terms of Use for details about Netflix service.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20081124/AQM047
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Matthew White, +1-323-202-1420, matthew.white@edelman.com, for
Microsoft Corp.

Web site: http://www.microsoft.com/
http://www.xbox.com/value
http://www.xbox.com/xbox360

Irvine Sensors Included in Pilot Program by U.S. Army

COSTA MESA, Calif., Nov. 24 /PRNewswire-FirstCall/ -- Irvine Sensors Corporation announced today that it is one of a limited number of businesses named by the U.S. Army to be a Commercialization Pilot Program ("CPP") Company in the current government fiscal year. CPP companies are eligible to receive additional support from the Army, over and above any potential Small Business Innovation Research ("SBIR") funding, to help transition of their products into use by the military. The Army's CPP selection process involves a rigorous analysis of SBIR companies that have Phase II projects that have prospects to meet high-priority requirements.

John Carson, Irvine Sensors' Chairman and CEO, said, "Our Phase II SBIR proposal that led to CPP eligibility is for further development of a clip-on thermal imager that could be attached to the roughly half-million night vision goggles that are currently in the Army's inventory. The existing goggles work by intensifying images created by very low light. Our clip-on creates images from heat emissions and is designed to compatibly work with the goggle's image intensifier. This combination would offer the wearer an enhanced view of the scene, plus the ability to still have vision even in total darkness or other adverse viewing conditions."

Irvine Sensors Corporation (http://www.irvine-sensors.com/), headquartered in Costa Mesa, California, is a vision systems company engaged in the development and sale of miniaturized infrared and electro-optical cameras, image processors and stacked chip assemblies and research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This message may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as "anticipates, " "expects, " "intends," "plans," "believes, " "seeks," "estimates," "think", "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the successful final development of and the Army's subsequent acceptance of the Company's thermal clip-on product. Such statements speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update publicly any forward- looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference include, but are not limited to, the scope of the support provided by the Army to its CPP companies in general and to the Company, if any; the availability of sufficient working capital to support fulfillment of our clip-on development; our ability to successfully coordinate our suppliers; budgetary issues, constraints and funding delays, as well as market conditions, international conflicts, natural disasters and other events beyond our control; our ability to resolve technological challenges; the impact of competitive products and technologies; our ability to raise additional debt or equity financing; general market conditions; and the general economic and political conditions and specific conditions that may impact our operations. Further information on Irvine Sensors Corporation, including additional risk factors that may affect our forward looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K and our other SEC filings that are available through the SEC's website (http://www.sec.gov/).

Irvine Sensors Corporation

CONTACT: Investor Relations of Irvine Sensors Corporation,
+1-714-444-8718, investorrelations@irvine-sensors.com

Web site: http://www.irvine-sensors.com/

Next Inning Technology Updates Outlooks for Flextronics, Cree, SanDisk and Amtech Systems

PRINCETON, N.J., Nov. 24 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Flextronics , Cree , SanDisk , and Amtech Systems .

As stock prices began dropping early in 2008, McWilliams warned readers to be patient. While pundits anxiously called bottoms in March, July and again in September, he suggested to his readers to keep their powder dry for what he thought would be lower prices as we neared the November election. To read what McWilliams thinks investors should do now and receive copies of his in depth earnings previews, please accept our invitation to take a complimentary test-drive by visiting the link below.

https://www.nextinning.com/subscribe/index.php?refer=prn735

In response to member inquiries, McWilliams wrote: "As has been the case with many micro-cap stocks, Amtech has taken a particularly brutal hit during the last six weeks and currently trades substantially below its last reported cash value...I believe there are two company-specific factors weighing on Amtech."

McWilliams also looks at these topics:

-- Does McWilliams see NAND Flash supply and demand trends moving in SanDisk's favor?

-- Could the new administration institute policies that will accelerate demand for Cree products?

-- After recommending that subscribers buy Flextronics as it hit $1.50 on Thursday, what does McWilliams see as the potential upside for the stock?

-- Does McWilliams see a compelling reason why Amtech is trading below its cash value? Does he see an upside for the stock from here?

Founded in September 2002, Next Inning's model portfolio has returned 99% since its inception versus 11% for the Nasdaq.

About Next Inning:

Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran.

NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

CONTACT: Marcie Martin Next Inning Technology Research, +1-888-278-5515

Indie Research Advisors, LLC

CONTACT: Marcie Martin of Next Inning Technology Research,
+1-888-278-5515

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

Vital Images Launches Vitrea(R) WebA Pioneer of Advanced Visualization Offers Access to All Applications via the Web

MINNEAPOLIS, Nov. 24 /PRNewswire-FirstCall/ -- Vital Images, Inc. , a worldwide leading provider of advanced visualization and analysis solutions, has launched Vitrea(R) Web, a new solution exclusive to ViTAL Enterprise customers, that provides anywhere access to all of Vital Images' powerful clinical applications.

Vitrea Web provides users with everywhere access to Vital Images' powerful advanced clinical applications via the Web. With Vitrea Web, customers have the same capabilities of a standalone workstation -- review, analyze, and communicate findings, all from any PC. Vitrea Web enables advanced best of breed clinical applications access throughout the healthcare enterprise and is the latest example of the evolution of the ViTAL Enterprise transition the company announced earlier this year. Existing ViTAL Enterprise customers will have the option to continue with their current strategy, or leverage the available upgrade under their maintenance and services agreement to further enhance their current investment. New ViTAL Enterprise customers can scale their solution to fit the diverse needs of their healthcare organization.

"I need cost-effective and easy access to advanced processing tools regardless of whether I am at the hospital, in my office, or at home," said Robert S. Schwartz, MD, FACC, title, Minneapolis Heart Institute. "Vitrea Web's performance is outstanding and allows me to have uncompromised access to advanced visualization. Regardless of whether it is a routine cardiovascular exam, or an emergency case in the middle of the night, Vitrea Web allows me to respond quickly and effectively."

Vitrea Web supports integration with PACS and EMR offerings via a standard URL interface to provide access to advanced visualization as part of the standard imaging workflow. Users will have the ability to access all tools regardless of whether they are at the hospital, in their office, or at virtually any remote location. This technology is also optimized for low-bandwidth connections so it will perform well when accessing remotely from home.

"We are absolutely thrilled to bring this next generation product to the market," said Michael H. Carrel, Vital Images president and chief executive officer. "For the first time, physicians can experience uncompromised access to all of our powerful clinical applications. Now a clinician can measure plaque in the coronaries, probe a lung nodule, or evaluate a CT brain perfusion case and communicate the results, all from their home or another remote computer with Internet Explorer. We expect this to make a huge impact on efficiency and ultimately patient care."

As a pioneer in advanced visualization for more than 20 years, ViTAL continues to offer industry leading clinical solutions that help healthcare providers enhance efficiency and improve patient care. ViTAL Enterprise offers customers one of the most comprehensive advanced visualization solution offerings on the market today and represents the next step in ViTAL's long history of defining this market space.

About Vital Images, Inc.

Vital Images, Inc., established in 1988 and headquartered in Minneapolis, is a leading provider of enterprise-wide advanced visualization software solutions. The company's technology gives radiologists, cardiologists, oncologists and other medical specialists, time-saving productivity and communications tools that can be accessed throughout the enterprise and via the Web for easy use in the day-to-day practice of medicine. Vital Images also has offices in Europe and Asia. For more information, visit http://www.vitalimages.com/.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to enjoy the protection of the safe harbor for forward-looking statements provided by that Act. These statements involve risks and uncertainties which could cause results to differ materially from those projected, including but not limited to dependence on market growth, challenges associated with international expansion, the ability to predict product, customer and geographic sales mix, regulatory approvals, the timely introduction, availability and acceptance of new products, the impact of competitive products and pricing, dependence on major customers, the ability to successfully manage operating costs, fluctuations in quarterly results, approval of products for reimbursement and the level of reimbursement, general economic conditions and other factors detailed from time to time in Vital Images' SEC reports, including its annual report on Form 10-K for the year ended December 31, 2007. Vital Images encourages you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this release. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this release. The forward-looking statements made in this release are made only as of the date of this release, and the company undertakes no obligation to update them to reflect subsequent events or circumstances.

Vitrea, ViTAL and Vital Images are trademarks or registered trademarks of Vital Images. All other trademarks are the property of their respective owners.

Vital Images, Inc.

CONTACT: Michael H. Carrel, President and CEO of Vital Images, Inc.,
+1-952-487-9500

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

NetSuite CFO Jim McGeever Scheduled to Present at Credit Suisse 2008 Annual Technology ConferencePresentation to Showcase Advances, Cost-Savings and Benefits in NetSuite's ERP / Accounting, CRM and Ecommerce Software Suite

SAN MATEO, Calif., Nov. 24 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, today announced that NetSuite CFO Jim McGeever is scheduled to present at the upcoming Credit Suisse 2008 Annual Technology Conference to be held on Thursday, December 4, 2008 at The Phoenician in Scottsdale, Arizona.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

Mr. McGeever will discuss recent advances in NetSuite's innovative software suite as well as the cost-savings and benefits that Software as a Service (SaaS) delivers to businesses. NetSuite allows companies to manage their key business operations -- including customer relationship management (CRM), enterprise resource planning (ERP) and accounting, and ecommerce -- in a single hosted system.

Mr. McGeever's presentation will begin at 1:00 p.m. (PST) / 2:00 p.m. (MST). An audio webcast of Mr. McGeever's presentation will be available on NetSuite's Investor Relations Web site at http://www.netsuite.com/investors.

For information about NetSuite Inc., please visit http://www.netsuite.com/.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NetSuite Inc.

CONTACT: Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com,
or Investor Inquiries, IR@netsuite.com

Web site: http://www.netsuite.com/
http://www.netsuite.com/investors

MST-NuVisions Wins 2008 Communications Innovator AwardAward for Most Innovative Emerging Wireless Provider Was Announced by New Paradigm Resources Group, Inc. and Pipeline Magazine

Hawthorne, N.J., Nov. 24 /PRNewswire-FirstCall/ -- MSTI Holdings, Inc. (BULLETIN BOARD: MSHI) , a carrier class communications technology company providing a host of quadruple-play services, announced today that its wholly-owned subsidiary, Microwave Satellite Technologies, Inc. (MST), has been awarded a 2008 Communications Innovator Award for Most Innovative Emerging Wireless Provider. New Paradigm Resources Group, Inc. (NPRG) and Pipeline Magazine announced the recipients of its Fall 2008 Communications Innovator Awards earlier this month.

MST-NuVisions was recognized for its use of upper millimeter wave gigabit wireless technology to support delivery of true broadband solutions within its network. The point-to-point technology over licensed spectrum amounts to having "fiber in the sky," which the company uses to extend as well as enhance leased fiber and local loops to Multi-Tenant Unit residential and commercial Dwelling buildings.

Based on a native Ethernet platform, the company tapped BridgeWave Communications' gigabit Ethernet products for carrier-class transport.

In the dense New York metropolitan market, the services MST provides increase exponentially the number of serviceable addresses; all while keeping operating costs under control and allowing installation intervals to be dramatically shortened. Because the technology itself is not the end-product, marketing remains focused on services-voice, video and data-delivered as reliably as over a landline. This innovative integration of multi-gigabit wireless links into a hybrid delivery platform will be a key enabler of future growth, especially in the residential arena.

"Winning this award recognizes the expertise of our teams in the research, development and deployment of leading-edge wireless solutions that support and advance commercial and residential communications services," said Frank T. Matarazzo, CEO and Founder, MST. "This innovative approach has enabled us to support a suite of quadruple-play services in a major metropolitan city such as New York."

"As capacity requirements for business and backhaul grow rapidly, network operators can leverage BridgeWave's cost-effective wireless fiber alternative that offers uninterrupted connectivity and gigabit data rates," said Amir Makleff, president and CEO of BridgeWave Communications. "MST's in-depth understanding of the underlying technology and communications business has enabled them to utilize our products for seamless network connectivity and differentiated service offerings to their end customers. We congratulate MST on receiving this award."

About MST (NuVisions (TM))

MST (NuVisions(TM)), a trademarked-brand of services of Microwave Satellite Technologies, Inc., offers "quadruple-play" services, including digital satellite TV programming with up to 75 channels of high definition television (HDTV), Voice over Internet Protocol telephone (VoIP), high-speed Internet access, and Wi-Fi services to multi-dwelling unit and commercial properties in New York and New Jersey. For more information, please visit: http://www.nuvisions.tv/.

About MSTI Holdings, Inc.

MSTI Holdings, Inc. (MSHI.OB) is a communications technology company that specializes in video to the desktop, video conferencing, distance learning, two-way data, and Internet access services. MSTI offers complete sales, installation, and service of VSAT and business television networks, and is a full-service national Internet Service Provider (ISP), offering the latest in web hosting and design. MSTI's MST (NuVisions(TM)) broadband services offer cable television, cable modem high-speed Internet, and telephone services to multi-family residences, commercial buildings, and institutional owners. MSTI delivers its services using microwave and fiber optic technology for superior performance, and now offers up to (75) channels of high definition television (HDTV). MSTI has recently begun deployment of its new Interactive Wi-Fi, hot-zone system that offers wireless Internet service in large geographic areas of New York City and New Jersey, and is introducing the newest Powerline Carrier (PLC) technology to high-speed Internet users in apartment buildings, hotels, and business environments. For more information, visit our website at http://www.mst-online.com/

About BridgeWave Communications Founded in 1999, BridgeWave Communications is the leading supplier of outdoor Gigabit wireless connectivity solutions. The company's exclusive AdaptRate(TM) and AdaptPath(TM) technologies combined with its advanced Forward Error Correction capability deliver the highest availability at the longest distances for full-rate gigabit links. BridgeWave's point-to-point, wireless solutions are widely deployed in mainstream enterprise and service provider network applications and are poised to play a key role in the migration to 4G mobile network backhaul. With the largest installed base of GigE radios worldwide, BridgeWave delivers the highest levels of product quality and reliability. For more information, visit http://www.bridgewave.com/.

For investor relations inquiries and/or interviews with MSTI Holdings, Inc. and MST (NuVisions(TM)) CEO and Founder Frank T. Matarazzo, please contact Harrison Wise, PR@mst-online.com, 917-805-3213.

Safe Harbor Statement

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results can be found in the Company's Report on Forms 10KSB filed with the Securities and Exchange Commission (SEC) on July 31, 2007 and other SEC filings.

MSTI Holdings, Inc.

CONTACT: Harrison Wise for MSTI Holdings, Inc., +1-917-805-3213,
PR@mst-online.com

Web site: http://www.mst-online.com/
http://www.nuvisions.tv/
http://www.bridgewave.com/

ProLink Named 'Official GPS System of The PGAs of Europe'ProLink Also the 'Official Digital Ad Network'

CHANDLER, Ariz., Nov. 24 /PRNewswire-FirstCall/ -- ProLink Solutions -- a wholly-owned subsidiary of ProLink Holdings Corp. (BULLETIN BOARD: PLKH) and the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and digital out-of-home on-course advertising -- today announces it has been named "Official GPS System of The PGAs of Europe."

The PGAs of Europe will promote the ProLink system to its 35 member country PGAs consisting of approximately 15,000 PGA Professionals and individual courses seeking ProLink GPS management systems. While enhancing the golfers' experience on course through its array of on-screen features, ProLink's management system helps course operators substantially improve revenues and manage expenses through its advanced technology. By maximizing fees, pace of play and tournament outings as well as boosting revenues via food-and-beverage, advertising and other functions the golf course partners can enjoy incremental net profits.

With an installed base of more than 220 golf courses throughout Europe, an office in the United Kingdom and new distribution partners in Spain, Portugal and France, ProLink has dominated market share and support network in the continent's golf industry. Prestigious properties featuring ProLink include past Ryder Cup hosts the K Club (Ireland) and Valderrama (Spain), as well as the Four Seasons Golf Club Provence at Terre Blanche (France) and St. Mellion Golf Club (England).

ProLink is also the "Official Digital Advertising Network of The PGAs of Europe," signifying its status as a leading provider of out-of-home digital advertising via its GPS screens. ProLink partners with Neo Advertising -- the leading place-based, point-of-sale advertising company in Europe -- on integrated campaigns combining Neo's existing network of digital signage with ProLink's on-course ad capabilities.

"It is exciting to add the ProLink Global Positioning System to our collection of partners from the various branches of the golf industry and beyond," said Ian Randell, Chief Executive of The PGAs of Europe. "ProLink is the kind of company that, like ourselves, constantly pursues both excellence and progress and with whom we are proud to associate. We look forward to a lengthy and fruitful partnership."

Lawrence D. Bain, CEO of ProLink Solutions, added: "This association will help foster ProLink's continued growth across Europe, where PGA professionals are key decision-makers for their courses. Our system is already considered a critical business tool for management and revenue-generation, and ProLink's ability to drive incremental income will accelerate as our advertising program takes root throughout the continent."

About ProLink

ProLink Solutions is the world's leading provider of GPS golf-course management systems and revenue-generating on-course advertising. ProLink Solutions' core philosophy is to be a "Trusted Partner" to its golf-course customers. From enhancing golfers' overall experiences and improving pace-of-play to increasing current revenue streams and creating new profit centers for golf courses, ProLink Solutions' products and services have captured markets both nationally and globally. For more information about ProLink, visit http://www.goprolink.com/, email info@goprolink.com or call 480.753.2337.

About The PGAs of Europe

The PGAs of Europe is an Association of individual country PGAs (30 European and 5 International) whose objective is to represent, promote and advise PGAs on a business-to-business basis. It strives to raise standards and opportunities collectively across Europe, and at times beyond, in the education and employment of golf professionals as well as representing member countries with influential bodies and governments in the promotion of the game and the interests of professional golfers in general. For more information about The PGAs of Europe, visit http://www.pgae.com/, email info@pgae.com or call +44 1675 477899

CONTACT: Buffalo Communications Rich Katz 703.891.3319 rkatz@billycaspergolf.com Daniel Mitchell 253.312.4536 dmitchell@billycaspergolf.com Investor Relations Contact: CEOcast, Inc. Gary Nash 212.732.4300 gnash@ceocast.com

ProLink Holdings Corp.

CONTACT: Rich Katz, +1-703-891-3319, rkatz@billycaspergolf.com, or Daniel
Mitchell, +1-253-312-4536, dmitchell@billycaspergolf.com, both of Buffalo
Communications; or Investor Relations, Gary Nash of CEOcast, Inc.,
+1-212-732-4300, gnash@ceocast.com, all for ProLink Holdings Corp.

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

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News archive of November 2009
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