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PARIS, November 27 /PRNewswire/ -- Lors de sa réunion du 20 novembre 2008, le conseil d'administration a pris connaissance des recommandations AFEP-MEDEF du 6 octobre 2008 sur la rémunération des dirigeants mandataires sociaux des sociétés cotées.

Il considère que ces recommandations s'inscrivent dans la démarche de gouvernement d'entreprise de la Société.

En conséquence, en application de la loi du 3 juillet 2008 transposant la directive communautaire 2006/46/CE du 14 juin 2006, le code AFEP-MEDEF ainsi modifié est celui auquel se réfèrera la société pour l'élaboration du rapport prévu à l'article L. 225-37 du Code de commerce, à compter de l'exercice en cours.

A propos de Groupe Silicomp

Groupe Silicomp est une filiale à plus de 96% de France Télécom. Première Société de Solutions en Technologie Informatique, Silicomp offre des solutions innovantes, comportant un fort apport technologique. Le Groupe intervient en conseil et réalisation avec une compétence marquée en sécurité informatique. La maîtrise, l'intégration et la supervision des systèmes réseaux, des applications industrielles, de l'informatique embarquée et temps réel confirme son savoir-faire unique pour développer les systèmes communicants de votre avenir. Avec une présence sur trois continents, Groupe Silicomp est un partenaire idéal des grands industriels. Pour plus d'information : http://www.silicomp.fr rubrique << actionnaires Silicomp >>.

Groupe SILICOMP (ISIN FR0000063794) est coté sur Euronext Paris (Eurolist - compartiment C) depuis le 16 juin 1998.

Contact Presse: Origine: Pierre Raguideau, Directeur Financier Groupe Groupe SILICOMP, pierre.raguideau@orange-ftgroup.com, Tél: +33(0)4-76-41-66-66, info@silicomp.fr

Groupe Silicomp

Contact Presse: Origine: Pierre Raguideau, Directeur Financier Groupe Groupe SILICOMP, pierre.raguideau@orange-ftgroup.com, Tél. +33(0)4-76-41-66-66, info@silicomp.fr

Belzberg Technologies Inc. Announces Acceptance by TSX of Normal Course Issuer Bid

TORONTO, Nov. 27 /PRNewswire-FirstCall/ -- Belzberg Technologies Inc. ("Belzberg") (TSX: BLZ) announced today acceptance by Toronto Stock Exchange ("TSX") of Belzberg's notice of intention to make a normal course issuer bid. Pursuant to the bid, Belzberg proposes to purchase through the facilities of TSX, from time to time over the next 12 months, if considered advisable, up to an aggregate of 741,756 common shares of Belzberg, being approximately 5% of its issued and outstanding common shares, as of November 19, 2008. As of November 19, 2008, Belzberg had 14,835,139 issued and outstanding common shares. Purchases may commence through the TSX on December 1, 2008 and will conclude on the earlier of the date on which purchases under the bid have been completed and November 30, 2009. Other than block purchase exceptions, daily purchases will be limited to 4,698 common shares from December 1, 2008 to March 31, 2009, and limited to 2,349 common shares from April 1, 2009 to November 30, 2009.

The Board of Directors of Belzberg believes that the proposed purchases are in the best interests of Belzberg and are a desirable use of corporate funds. All common shares purchased by Belzberg will be cancelled. The program does not require Belzberg to repurchase a minimum number of shares, and it may be modified, suspended or terminated at any time without prior notice.

On November 28, 2007, Belzberg announced that it was making a normal course issuer bid to purchase up to 739,379 common shares of Belzberg through the facilities of the TSX. Under the bid, which commenced on November 30, 2007 and is to expire on November 29, 2008, as of today's date, an aggregate of 70,710 common shares of Belzberg were purchased at an average price of $4.31.

About Belzberg

Belzberg Technologies Inc. is a provider of technology-based brokerage services, trading equities and options through Electronic Brokerage Systems, Belzberg Technologies' wholly owned broker-dealer. Electronic Brokerage Systems is a member of most North American stock exchanges, options exchanges and clearing organizations, including the NYSE, NASDAQ, CBOE, NSCC and OCC. Using Belzberg's suite of integrated trading tools and network connectivity, Belzberg's customers have direct access to all North American equities and options markets. The firm's client-base includes over 200 leading U.S and international brokerage houses and financial institutions. Belzberg Technologies is listed on the Toronto Stock Exchange (ticker: BLZ) - additional information is available at http://www.belzberg.com/.

Forward looking statement disclaimer

Except for historical information contained herein, the matters discussed in this press release are based on forward-looking statements that involve risk and uncertainty including information regarding the normal course issuer bid and Belzberg's intentions for the bid. A variety of important factors could cause results to differ materially from such statements, including but not limited to economic, competitive, governmental and technological factors affecting the company's operation, markets, products, prices and other factors.

Belzberg Technologies Inc.

CONTACT: Sid Belzberg, Chief Executive Officer, Phone: (416) 360-1812,
E-mail: investorinfo@belzberg.com

Corning Cable Systems Announces the Launch of its FutureCom(TM) S500 RJ45 Module

BERLIN, Germany, November 27 /PRNewswire/ --

- Corning Maintains a Leadership Position in Shielded Copper Products as its new FutureCom S500 Shielded Copper RJ45 Module Achieves Independent Third-Party Cat.6A Component Certification

Corning Cable Systems LLC, part of Corning Incorporated's (NYSE:GLW) Telecommunications segment, announces the launch of its new FutureCom(TM) S500 RJ45 module. This high-performance, fully-shielded Cat.6A copper module is the first in the industry to receive a certification, as per approved TIA Standard 2008-04, Augmented Category 6, ANSI/TIA/EIA-568-B.2-10 Component Standard, by GHMT, an accredited, independent test lab for cabling and connection components.

With the introduction of the FutureCom S500 module as an essential part of the FutureCom EA system, Corning maintains a leading position in terms of component and channel performance for 10Gbit/s Ethernet shielded copper systems, making it an ideal solution for high end data centre and local area network (LAN) applications.

The FutureCom S500 module is part of the new FutureCom EA system, the latest addition to Corning's 10Gbit/s Ethernet copper cabling systems family. The system offers high network performance and security with alien cross talk protection that is compliant with the Cat.6A requirements. It also supports Power over Ethernet and Power over Ethernet Plus. The FutureCom EA system exceeds international ISO/IEC 11801:2002 Amd1:2008 and American ANSI/TIA/EIA-568-B.2-10-CAT6A system standards requirements.

The FutureCom EA system is fully backward compatible with the IEEE 802.3an standard; the recently released ISO/IEC Class EA standards; the ISO/IEC and EN Classes E and D and the TIA Cat.6 and Cat.5e standards.

The FutureCom S500 module incorporates robustness, ease of installation and handling as well as high quality network performance. Its die-cast housing provides 360-degree shielding and protection, and its secured, dust-protection lid covers unused ports. The installation is made simpler and faster by the innovative three-piece design and the intuitive wire management system. In installation environments where space is a concern, the module's 0-degree and 90-degree cable entries allow easy installation were space is a concern. In addition to the established modular footprint, an alternative keystone footprint provides installation compatibility with a wide range of hardware options from outlets to panels.

The insulation displacement connector (IDC) technology allows for fast and easy termination without special tooling or wire preparation. The module comes in a new dark blue insert (RAL 5017), which allows easy differentiation to lower performing modules in existing installations.

Furthermore, module assembly is simplified by the use of a single tool for all copper modules.

The new FutureCom S500 module is immediately available.

For additional information on Corning Cable Systems products and services, contact a customer service representative at +49-800-267-646-41, toll free in Europe, or visit the Web site at http://www.corning.com/cablesystems.

About Corning Incorporated

Corning Incorporated (http://www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.

Corning Cable Systems Contact: Guillermo Idanez +49-30-5303-2362 guillermo.idanez@corning.com Corning Communications Contact: Lisa A. Burns +1-607-974-4897 burnsla@corning.com

Corning Cable Systems

Corning Cable Systems Contact: Guillermo Idanez, +49-30-5303-2362, guillermo.idanez@corning.com; Corning Communications Contact: Lisa A. Burns, +1-607-974-4897, burnsla@corning.com

Corning Cable Systems Announces the Launch of its FutureCom(TM) S500 RJ45 Module

BERLIN, Germany, November 27 /PRNewswire-FirstCall/ -- - Corning Maintains a Leadership Position in Shielded Copper Products as its new FutureCom S500 Shielded Copper RJ45 Module Achieves Independent Third-Party Cat.6A Component Certification

Corning Cable Systems LLC, part of Corning Incorporated's Telecommunications segment, announces the launch of its new FutureCom(TM) S500 RJ45 module. This high-performance, fully-shielded Cat.6A copper module is the first in the industry to receive a certification, as per approved TIA Standard 2008-04, Augmented Category 6, ANSI/TIA/EIA-568-B.2-10 Component Standard, by GHMT, an accredited, independent test lab for cabling and connection components.

Furthermore, module assembly is simplified by the use of a single tool for all copper modules.

The new FutureCom S500 module is immediately available.

About Corning Incorporated

Corning Incorporated (http://www.corning.com/) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.

Corning Cable Systems Contact: Guillermo Idanez +49-30-5303-2362 guillermo.idanez@corning.com Corning Communications Contact: Lisa A. Burns +1-607-974-4897 burnsla@corning.com

Corning Cable Systems

CONTACT: Corning Cable Systems Contact: Guillermo Idanez,
+49-30-5303-2362, guillermo.idanez@corning.com; Corning Communications
Contact: Lisa A. Burns, +1-607-974-4897, burnsla@corning.com

Nokia 5800 XpressMusic Now Shipping

ESPOO, Finland, November 27 /PRNewswire-FirstCall/ -- Nokia announced today that the highly anticipated Nokia 5800 XpressMusic is now, or soon will be, available in select markets globally, including Russia, Spain, India, Hong Kong, Taiwan, Finland, among others. The latest in Nokia's XpressMusic range, the Nokia 5800 XpressMusic delivers an affordable music device with a touch screen interface to the mass market.

Aiming to put music into the hands of millions, the Nokia 5800 XpressMusic offers all the music essentials including a graphic equalizer, 8GB memory for up to 6000 tracks, support for all main digital music formats, and a 3.5mm jack. Built-in surround sound stereo speakers offer the industry's most powerful sound.

"When it comes to music phones, people all over the world want a device that is a great music experience and still works really well as a mobile phone, without sacrificing features," said Jo Harlow, Vice President, Nokia. "The Nokia 5800 XpressMusic delivers on this and allows consumers to quickly and easily access and share the content that is most important to them with the people that are most important to them."

Making the most of touch screen technology, the Nokia 5800 XpressMusic delivers easy and fast access to all music, video and photos through a one-touch 'Mediabar' drop down menu. The Media Bar also offers a direct link to the Web and to online sharing. Because the Nokia 5800 XpressMusic supports Flash content, individuals can surf the entire web.

The innovative 'Contacts Bar' lets people highlight four favorite contacts on their home-screen and, through a single touch, track a digital history of recent text messages, emails, phone logs, photos and blog updates.

For the best screen resolution available on a mobile phone, the 3.2" widescreen display brings photos, video clips and web content to life in vibrant color and true clarity. With a 16 by 9 aspect ratio and 30 frames-per-second playback and recording, the device is ideal for VGA quality video recording and playback. The Nokia 5800 XpressMusic also features a 3.2 megapixel camera with Carl Zeiss lens and, with a single touch, images or videos can be shared via a favorite online community, such as Share on Ovi, Flickr, or Facebook.

Ensuring a seamless music experience, Nokia 5800 XpressMusic also provides easy access to browse and purchase tracks from the Nokia Music Store, where applicable, while the newly updated Nokia Music PC software allows for easy drag-and-drop transfer of songs and management of any music collection.

The Nokia 5800 XpressMusic supports 60 languages worldwide and offers a variety of input methods including a virtual alphanumeric keypad, a virtual computer-style QWERTY keyboard, a pen stylus -- and for true music enthusiasts, a plectrum -- are all available.

Photos of the Nokia 5800 XpressMusic are available at http://www.nokia.com/press

About Nokia

Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.

http://www.nokia.com/

Nokia Corporation

CONTACT: Media Enquiries: Nokia, Communications, Tel. +358-7180-34900,
Email: press.services@nokia.com

Qiao Xing Universal Telephone, Inc. Reports 2008 Third Quarter Financial Results

HUIZHOU, Guangdong, China, Nov. 27 /PRNewswire-Asia-FirstCall/ -- Qiao Xing Universal Telephone, Inc. today announces its un-audited third quarter financial results for the three months ended September 30, 2008.

Highlights for the Third Quarter of 2008

Compared to the same period in last year, net sales decreased 31.5% to RMB 716.2 million (USD 102.5 million). However, gross profit increased 35.3% to the amount of RMB 333.3 million (USD 47.7 million), due to the dramatic decrease of cost of sales. Cost of sales decreased to RMB 382.9 million (USD 54.8 million), representing a decrease of 52.1%.

Gross margin increased from 23.6% in the third quarter of 2007 to 46.5% for the same period of this year.

Net operating income was RMB 234.8 million (USD 33.6 million) in the third quarter of 2008, represents an increase of 29.7% from RMB 181.0 million in the third quarter of 2007.

Net income in the third quarter of 2008 was RMB 17.4 million (USD 2.5 million), compared to net loss of RMB 9.6 million in the third quarter of 2007.

Basic earnings per share of common stock for the third quarter of 2008 was RMB 0.49 (USD 0.07), compared to basic loss per share at amount of RMB 0.33 in the same period of 2007.

Commenting on the results, Mr. Wu Rui Lin, Chairman of XING, said, "We are satisfied with our results for the third quarter of 2008. The increase of gross profit and net income demonstrated the success of our high-end luxury brand strategy."

Financial Review of Operations for the Third Quarter of 2008

Compared to the third quarter of 2007, XING's net sales decreased 31.5% to RMB 716.2 million (USD 102.5 million) for the same period this year. The decrease was mainly attributable to the recession of macro-economic environment.

Compared to the third quarter of 2007, gross profit of the Company increased 35.3% to reach RMB 333.3 million (USD 47.7 million) for the same period of this year. Gross margin increased from 23.6% of revenues for the third quarter of 2007 to 46.5% for the same period this year. The increase in gross profit and the improvement in gross margin were attributable to the successful strategic shift to new high-end luxury VEVA brand in Qiao Xing Mobile Communication Co., Ltd ("QXM"), a main subsidiary of XING.

Total operating expenses were RMB 98.4 million (USD 14.1 million) in the third quarter of 2008, which represented an increase of 51.0% from RMB 65.2 million in the third quarter of 2007. The significant increase in operating expenses in the third quarter of 2008 was mainly due to the airtime costs incurred on the sales of handset products through the infomercial arrangement in QXM. QXM sells parts of handsets to infomercial companies under a TV infomercial sales arrangement. Airtime costs incurred in QXM were RMB 52.8 million in the third quarter of 2008, compares to RMB 1.9 million in the third quarter of 2007.

Net non-operating losses were RMB 107.5 million (USD 15.4 million) in the third quarter of 2008, represented an increase of 3.9% from RMB 103.4 million in the third quarter of 2007. The details of the non-operating income (losses) are listed in the following table:

Non-operating income (expenses) for the three months ended Sep 30, 2008 RMB'000 US$'000 Non-operating income (expenses): Interest income 6,569 941 Exchange gain (loss), net (8,933) (1,279) Interest expense (143,925) (20,608) Gain (loss) on remeasurement of embedded financial derivative 48,835 6,992 Gain (loss) on disposal of equity interests in subsidiary 281 40 Gain (loss) on extinguishment of convertible debts (10,634) (1,523) Other income, net 330 47 Total net non-operating income (loss) (107,478) (15,389)

Interest expenses were RMB 143.9 million (USD 20.6 million) in the third quarter of 2008. Among these interest expenses, non-cash interest expenses represents RMB 110.1 million (USD 15.8 million), including accretion of convertible note discount at amount of RMB 107.4 million (USD 15.4 million) and amortization of deferred debt issuance cost at amount of RMB 2.7 million (USD 0.4 million). Total interest expenses paid in cash amounted to RMB 33.9 million (USD 4.8 million).

About Qiao Xing Universal Telephone, Inc.

Qiao Xing Universal Telephone, Inc. is one of China's largest manufacturers and distributor of telecommunications products in China. QXUT's product portfolio includes telecommunications terminals and related products, including fixed wireless phones, VoIP telephones, mobile handsets, PDAs and consumer electronic products, including MP3 players, cash registers and set- top-box products. The Company primarily conducts its business through its operating subsidiaries CEC Telecom Co., Ltd (CECT), and Huizhou Qiao Xing Communication Industry Co., Ltd (HZQXCI), a company engaged in R&D and distribution of indoor telephone sets and economy mobile phones under the COSUN brand. The Company Group has built a strong distribution network comprised of more than 5,000 retail stores throughout China and has established partnerships with major retailers in Europe, North America and Latin America, including Bellsouth and Wal-Mart. For more details, please visit http://www.cosun-xing.com/ .

Safe Harbor Statement

This announcement contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words or phrases such as "aim," "anticipate," "believe," "continue," "estimate," "expect," "intend," "is /are likely to," "may," "plan," "potential," "will" or other similar expressions. Statements that are not historical facts, including statements about Qiao Xing Universal's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward- looking statement. Information regarding these factors is included in our filings with the Securities and Exchange Commission. Qiao Xing Universal does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of November 27, 2008, and Qiao Xing Universal undertakes no duty to update such information, except as required under applicable law.

Qiao Xing Universal Telephone Inc. and its Subsidiaries Condensed Consolidated Profit and Loss Account For Three Months Ended 30 September 2007 2008 RMB'000 RMB'000 US$'000 Net sales 1,044,987 716,194 102,548 Cost of goods sold (798,741) (382,932) (54,830) Gross profit 246,246 333,262 47,718 Total operating expenses (65,203) (98,437) (14,095) Income from operation 181,043 234,825 33,623 Net non-operating income (loss) (103,403) (107,478) (15,389) Income before income tax 77,640 127,347 18,234 Provision for income tax (28,732) (60,241) (8,626) Income before minority interests 48,908 67,107 9,609 Minority interest (58,545) (49,730) (7,121) Net income (loss) before extraordinary items (9,637) 17,376 2,488 Extraordinary items: -- -- Net income (loss) (9,637) 17,376 2,488 To participatory convertible notes (2,281) (327) To common stock 15,095 2,161 Basic earnings (loss) per common share: Before extraordinary gain (0.33) 0.49 0.07 Extraordinary gain After extraordinary gain (0.33) 0.49 0.07 Weighted average number of shares outstanding Basic 29,649,000 30,948,836 30,948,836 Qiao Xing Universal Telephone Inc. and its Subsidiaries Condensed Consolidated Balance Sheet December 31, September 30, 2007 2008 RMB'000 RMB'000 US$'000 ASSETS CURRENT ASSETS Cash and cash equivalents 3,033,010 4,153,832 611,766 Restricted cash 197,951 182,163 26,828 Bills receivable 115,261 71,426 10,519 Accounts receivable, net 941,518 487,716 71,830 Inventories 304,024 235,386 34,667 Prepaid expenses 273,881 533,422 78,561 Other current assets 1,111,408 630,933 92,922 Due from related parties 27 25 4 Deferred income taxes 13,350 7,695 1,133 Deferred debt issuance costs, net 14,579 -- -- TOTAL CURRENT ASSETS 6,005,009 6,302,597 928,231 NON-CURRENT ASSETS Property, machinery and equipment, net 192,601 196,202 28,896 Land use rights 36,106 35,505 5,229 Other non-current assets -- -- Investment at cost 7,803 7,802 1,149 Goodwill 76,594 82,059 12,085 Other acquired intangible assets, net 60,728 50,191 7,392 Deferred debt issuance costs 39,644 5,839 TOTAL NON-CURRENT ASSETS 373,832 411,403 60,590 TOTAL ASSETS 6,378,841 6,714,000 988,822 LIABILITIES, MINORITY INTERESTS AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Short term bank borrowings 1,471,454 1,456,989 214,582 Accounts payable 180,573 177,618 26,159 Other payables 42,009 10,715 1,578 Accrued liabilities 104,984 84,168 12,396 Deposits received 4,539 3,236 477 Finance lease obligations-current obligations -- Deferred revenues 26,402 20,184 2,973 Due to related parties 608 193,573 28,509 Taxation payable 73,301 121,553 17,902 Convertible notes 135,667 176,537 26,000 Embedded derivatives liabilities 19,004 124,278 18,303 TOTAL CURRENT LIABILITIES 2,058,541 2,368,852 348,879 LONG-TERM LIABILITIES Shareholders loans 7,194 6,697 986 Convertible notes 189,660 174,013 25,628 Deferred tax liabilities 5,561 4,320 636 TOTAL NON-CURRENT LIABILITIES 202,415 185,030 27,251 TOTAL LIABILITIES 2,260,956 2,553,882 376,129 MINORITY INTEREST 1,095,917 1,003,020 147,722 SHAREHOLDERS' EQUITY Common stock, par value RMB0.008 (equivalent of US$0.001); authorised 50,000,000 shares; outstanding and fully paid - 30,948,836 shares as of December 31, 2007 and September 30, 2008 251 251 34 Additional paid-in capital 1,737,541 1,864,984 274,670 Cumulative translation adjustments (41,808) (81,687) 1,679 Retained earnings (deficits) 1,325,984 1,373,550 188,587 TOTAL SHAREHOLDERS' EQUITY 3,021,968 3,157,099 464,970 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 6,378,841 6,714,000 988,822

The accompanying unaudited condensed consolidated financial statements do not fully comply with U.S. GAAP due to the omission of certain required disclosures.

For more information, please contact: Rick Xiao Qiao Xing Universal Telephone, Inc. Tel: +86-752-282-0268 Email: rick@qiaoxing.com

Qiao Xing Universal Telephone, Inc.

CONTACT: Rick Xiao of Qiao Xing Universal Telephone, Inc., +86-752-282-
0268, or rick@qiaoxing.com

Web site: http://www.cosun-xing.com/

RDM Corporation reports fourth quarter and year end financial resultsToronto Stock Exchange Symbol: RC

WATERLOO, ON, Nov. 27 /PRNewswire-FirstCall/ -- RDM Corporation (TSX: RC), a leading provider of solutions for the electronic commerce and payment processing markets, today reported its financial results for the three and twelve-month periods ended September 30, 2008.

Fiscal 2008 Financial Highlights - Total revenues were $26.6 million in fiscal 2008, a decrease of 22% from $33.9 million in 2007. - Payment Processing Services revenues generated by RDM's Image & Transaction Management System (ITMS)(R) grew 75% to $6.0 million compared to $3.4 million reported in 2007. - Gross profit was $9.6 million or 36% of revenues, compared to $13.1 million or 39% of revenues in 2007. - Net loss before income taxes and gain on sale of Xign was $1.6 million in 2008, compared to net earnings of $4.2 million before income taxes and gain on sale of Xign in 2007. - Net loss was $1.0 million or $0.05 per share (fully diluted) in 2008, compared to net earnings of $5.8 million or $0.27 per share in the previous year. - Cash and equivalents were $17.4 million at September 30, 2008, unchanged from the $17.4 million one year earlier. Fiscal 2008 Operating Highlights - ITMS transaction volumes averaged 3.12 million items per week during the fourth quarter of 2008, compared to 1.76 million items per week in Q4 2007, and 2.75 million items per week during Q3 2008. - Seven new bank distributors were signed during the year, bringing the total to 32 banks. - ITMS end user locations increased to 14,900 from 8,400 at the start of the year. - RDM shipped 39,622 proprietary scanners in 2008, compared to 54,696 a year earlier. - The Company released Simply Deposit(TM), a web-based remote deposit capture solution designed specifically for the small business market. - RDM entered into distribution agreements with 24 independent sales organizations ("ISOs") who are marketing RDC directly to end users.

"Our fourth quarter revenues and scanner shipments represented our best performance of fiscal 2008," said Douglas Newman, President and CEO of RDM Corporation. "This year presented several challenges, including an unfavourable exchange rate shift, slower than expected industry adoption of remote deposit capture technology, and most recently, the U.S. financial crisis. Nevertheless, we recorded double digit sequential growth rates in our ITMS business every quarter. We also launched Simply Deposit for the small business market and began signing ISO partners to help distribute it."

Mr. Newman continued: "I remain convinced that widespread remote deposit capture deployment is inevitable, and that RDM is very well positioned to continue to capitalize on the opportunity. Over the shorter term it is difficult to predict adoption rates due to macroeconomic conditions. We are maintaining our commitment to product leadership and operational excellence, and working closely with our distribution partners to ensure we aggressively pursue growth opportunities in the marketplace."

Financial Review

RDM recorded revenues of $26.6 million in the year ended September 30, 2008, a decrease of $7.3 million from the previous year. The decrease was primarily due to lower scanner sales and a weakening in the U.S. dollar. The reduction in scanner sales, which was caused in part by unusually high shipments in the first quarter of 2007 when the Company fulfilled a large order backlog, is reflected in the results for the Digital Imaging Products segment. Revenues for the segment were $16.1 million in 2008, a decrease of $9.1 million from the prior year.

Revenues in the Payment Processing Services segment, comprised of ITMS transaction processing revenues, were $6.0 million in fiscal 2008, representing 75% growth compared to $3.4 million in 2007. The growth was a result of significant increases in ITMS transaction processing volumes and end user locations during the year. In order to maximize its market share, in 2008, the Company launched its Simply Deposit solution targeted at small businesses, and broadened its distribution channels in part by signing agreements with a number of ISOs.

Revenues in the Electronic Payments Solutions segment, comprised of custom development projects for government agencies and financial institution customers, were $2.8 million in fiscal 2008, consistent with Management expectations, although down from $3.2 million in 2007.

Revenues in the Quality Assurance segment, comprised of quality control products sold to commercial check printers and processors, were $1.7 million, compared to $2.0 million in 2007.

Gross profit was $9.6 million in fiscal 2008, down $3.5 million from $13.1 million a year earlier. Expressed as a percentage of revenue, gross margin was 36% in 2008 compared to 39% last year. The decrease was primarily a result of the shift in currency exchange rates.

Sales and marketing expense increased to $4.9 million from $4.2 million, as efforts were focused on signing new ITMS banks and ISO resellers, preparation for the introduction of a batch scanner, and the launch of Simply Deposit. This investment was made to enable the Company to continue to build recurring revenue in the Payment Processing Services segment. Research and development expenses increased by $0.8 million to $3.8 million, primarily due to the absence in 2008 of $651,000 in investment tax credits claimed in 2007, as the Company continued to invest in new product development. General and administration expenses decreased 7% to $1.9 million for the year.

Net loss was $1.0 million or $0.05 per share (fully diluted) in 2008, compared to net earnings of $5.8 million or $0.27 per share in the previous year. In addition to the weaker operating results described above, the decrease in earnings was the result of a $552,000 exchange loss recorded in 2008 versus a $657,000 gain in 2007, and by a $2.1 million difference in the gain on the sale of Xign.

RDM implemented a Normal Course Issuer Bid in May, and purchased 207,400 common shares under the Bid in fiscal 2008. At September 30, 2008 the Company had 21,280,426 common shares outstanding.

Fourth Quarter Review

RDM recorded revenues of $7.5 million in the three month period ended September 30, 2008, consistent with $7.5 million in the fourth quarter of 2007. Gross margin was 36% in the quarter compared to 39% a year earlier. Operating expenses were $2.0 million, consistent with $2.0 million in Q4 2007.

Net loss was $476,000 or $0.02 per share in the fourth quarter of 2008, compared to earnings of $636,000 or $0.03 per share in the comparable period of last year. Q4 2007 earnings were positively impacted by the recognition of $666,000 of investment tax credits and by a $215,000 exchange gain, while Q4 2008 results included a $399,000 exchange loss due to the impact of the strengthening of the U.S. dollar during the quarter.

Conference Call

RDM will be hosting a conference call to discuss the Company's year-end financial results on November 27, 2008 at 9:00 a.m. ET. Dial-in numbers are 416-644-3415 or 1-800-732-9303. The call will be webcast live and archived at http://www.rdmcorp.com/. Detailed financial results and Management's Discussion and Analysis will be filed on http://www.sedar.com/.

About RDM Corporation

RDM Corporation is headquartered in Waterloo, Ontario and trades on the Toronto Stock Exchange under the symbol RC. RDM is a leading provider of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web based image and transaction management services for banks, retailers, payment processors and government agencies as well as print quality control and image quality systems for a variety of global customers. For further information, visit RDM's website at http://www.rdmcorp.com/.

This news release contains forward-looking statements. Forward-looking statements are based on estimates and assumptions made by RDM in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that RDM believes are appropriate in the circumstances. Many factors could cause RDM's actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements. Risk factors relating to RDM are discussed in the Risks and Uncertainties section of RDM's Annual Information Form and year-end Management's Discussion and Analysis. These factors should be considered carefully, and readers should not place undue reliance on RDM's forward-looking statements. RDM has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

RDM CORPORATION Consolidated Balance Sheets (Amounts In Canadian Dollars, In Thousands) ------------------------------------------------------------------------- At September 30 2008 2007 ------------------------------------------------------------------------- Assets: Current assets: Cash and cash equivalents $17,421 $17,418 Accounts receivable 4,929 6,365 Other receivable - 503 Inventories 6,325 4,720 Investment tax credit receivable 1,703 1,451 Other 1,087 1,843 ------------------------------------------------------------------------- Total current assets 31,465 32,300 Furniture and equipment 2,893 2,011 Intangible assets 278 235 ------------------------------------------------------------------------- Total assets $34,636 $34,546 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Liabilities and shareholders' equity: Current liabilities: Accounts payable & accrued liabilities $ 4,945 $ 4,587 Future income tax liability - 210 Deferred revenue 631 427 ------------------------------------------------------------------------- Total current liabilities 5,576 5,224 ------------------------------------------------------------------------- Future income tax liability 201 32 Commitments Shareholders' equity: Share capital 28,338 27,978 Contributed surplus 1,162 927 Retained earnings (Deficit) (641) 401 Share purchase loans - (16) ------------------------------------------------------------------------- Total shareholders' equity 28,859 29,290 ------------------------------------------------------------------------- Total liabilities and shareholders' equity $34,636 $34,546 ------------------------------------------------------------------------- ------------------------------------------------------------------------- RDM CORPORATION Consolidated Statements of Operations (Amounts in Canadian Dollars, In Thousands, Except Per Share Amounts) ------------------------------------------------------------------------- Years ended September 30 2008 2007 ------------------------------------------------------------------------- Revenue $26,622 $33,922 Cost of revenue 16,973 20,781 ------------------------------------------------------------------------- Gross profit 9,649 13,141 Operating expenses: Sales and marketing 4,886 4,210 Research and development 3,802 3,048 General and administration 1,914 2,058 Depreciation and amortization 189 283 Stock-based compensation 494 421 Foreign exchange loss (gain) 552 (657) Gain on sale of long term investment (559) (2,707) Interest (587) (441) ------------------------------------------------------------------------- 10,691 6,215 ------------------------------------------------------------------------- Earnings (loss) before income taxes (1,042) 6,926 Income tax expense (recovery): Current 41 77 Future (41) 1,092 - 1,169 Net earnings (loss) and comprehensive earnings (loss) $(1,042) $ 5,757 ------------------------------------------------------------------------- ------------------------------------------------------------------------- ------------------------------------------------------------------------- Earnings (loss) per share - basic $ (0.05) $ 0.27 - diluted $ (0.05) $ 0.26 ------------------------------------------------------------------------- ------------------------------------------------------------------------- RDM CORPORATION Consolidated Statements of Cash Flows (Amounts in Canadian Dollars, In Thousands) ------------------------------------------------------------------------- Years ended September 30 2008 2007 ------------------------------------------------------------------------- Cash provided by (used in): Operations: Net earnings (loss) $(1,042) $ 5,757 Items not involving cash: Amortization of furniture and equipment 819 657 Amortization of intangible assets 40 33 Stock-based compensation 494 421 Future income taxes (41) 1,092 Gain of sale of long term investment (559) (2,707) Change in non-cash operating working capital 897 (2,871) ------------------------------------------------------------------------- Cash provided by operations 608 2,382 Financing: Issuance of share capital 321 1,242 Repayment of share purchase loans 16 33 ------------------------------------------------------------------------- Cash provided by financing activities 337 1,275 Investing: Repurchase of share capital (220) - Proceeds from sale of long term investment 1,062 8,600 Purchase of furniture and equipment (1,701) (941) Additions to intangible assets (83) (72) ------------------------------------------------------------------------- Cash provided by (used in) investing activities (942) 7,587 ------------------------------------------------------------------------- Increase in cash and cash equivalents 3 11,244 Cash and cash equivalents, beginning of year 17,418 6,174 ------------------------------------------------------------------------- Cash and cash equivalents, end of year 17,421 17,418 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Cash and cash equivalents comprises: Cash 4,040 2,194 Guaranteed investment certificates 13,381 15,224 ------------------------------------------------------------------------- $17,421 $17,418 ------------------------------------------------------------------------- -------------------------------------------------------------------------

RDM Corporation

CONTACT: Douglas Newman, President and CEO, RDM Corporation, (519)
746-8483 ext. 340 phone, (519) 746-3317 fax, dnewman@rdmcorp.com; James
Merwin, CFO, RDM Corporation, (519) 746-8483 ext. 284 phone, (519) 746-3317
fax, jmerwin@rdmcorp.com

NetSuite Enables Customers to Rapidly and Easily Comply With UK VAT Changes

LONDON and SAN MATEO, California, November 27 /PRNewswire/ --

- Flexibility of NetSuite Tax Engine Accommodates Changes With No Software Updates or Patches

NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, today announced a comprehensive plan for customers doing business in the United Kingdom who need to respond rapidly to the recent changes in value-added tax (VAT) rates announced by the British government on 24 November 2008. The revision reduces the standard VAT rate from 17.5% to 15% beginning 1 December 2008, requiring businesses to make quick adjustments in their billing and Ecommerce systems in order to comply with the rate change. Thanks to the built-in flexibility of the NetSuite Tax Engine integrated within the NetSuite business management software suite, NetSuite customers will only have to make a few simple and easy configuration changes to comply with the new rate; they will not have to wait for NetSuite to release updates, nor will they have to apply any software patches. NetSuite's UK VAT Compliance plan is designed to educate channel partners and customers alike on how to manage their transition to the new rate so companies can quickly and immediately comply with the VAT rate reduction, without any disruption to their business. For more information about the action plan for NetSuite customers, please visit http://www.netsuite.co.uk/portal/uk/landing/uk-vat-rate.shtml.

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

The British government's recent decision to reduce the standard VAT rate by 2.5% as part of the economic stimulus package will have a huge impact on business owners who are using software applications to manage many aspects of their businesses, particularly accounting / ERP and Ecommerce. The announced changes provide businesses with very little time to adjust to the changed rate, adding to the compliance challenge. Thanks to NetSuite's highly flexible and customisable Software as a Service (SaaS) business management software, companies can respond rapidly to pass the rate reduction benefits on to their customers while maintaining the integrity of their VAT and accounting records. The ability of on-demand business systems, such as NetSuite, to respond quickly to changing business conditions in near real-time and then communicate a single, best-practice message directly to customers via the on-demand platform is just the latest example of how SaaS-based solutions trump older generation, on-premise packaged software. In the case of this recent VAT change, vendors of packaged software products, such as Sage and Microsoft Great Plains, are no doubt scrambling to distribute updates and coordinate consistent direction through a myriad of distribution channels.

"Changes to UK VAT rates are relatively infrequent, but by their very nature tend to occur at those times that are most challenging for businesses to respond to them," said Craig Sullivan, Vice President of International Products for NetSuite. "Recognizing that challenge, we designed the tax engine within NetSuite to easily accommodate such changes on-the-fly. We also realize that our customers would benefit from additional guidance and support in managing the transition smoothly and efficiently, minimizing any disruption to their business. NetSuite's UK VAT Compliance plan provides that support."

Both UK businesses and global businesses with sales operations in the UK will be impacted by the VAT rate change. NetSuite customers are fortunate in that all they have to do to comply with the change is to first create a new tax code within NetSuite that reflects the new 15% rate and has an effective date of 1 December 2008, then apply this new tax code to their catalogue of items sold using either mass-editing tools, or the graphical, easy-to-use Import Assistant if a large number of items are involved. To communicate this vital information to customers, NetSuite's UK VAT Compliance action plan takes a multi-channel approach that includes a dedicated micro-site on the NetSuite Web site, postings within the NetSuite user group online forum, email communications, and a live webinar that will also be recorded for reference purposes. NetSuite Customer Support is also staffed with accounting compliance specialists to address customers' questions.

UK businesses commended NetSuite for rapidly communicating the impact of the VAT change to them, as well as for the ease with which they were able to accommodate compliance with the change within their business operations.

"As an accounting practice, we have to act quickly in response to the VAT cuts as this new decision by the British Government has a huge impact on many aspects of our business," said Andrew Norton, Managing Partner at Nortons. "Being a NetSuite customer for a while, we've had great experience not only with the software, but also with the company's commitment to helping customers succeed. NetSuite's quick response and action plan for compliance for its customers are impressive and we expect that NetSuite's highly flexible and customizable tax engine will make the transition easy and simple. We have no concern about the disruption to our business because of this change."

For more information about NetSuite Inc., please visit www.netsuite.com.

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

NetSuite Inc.

Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com; Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO

NetSuite Enables Customers to Rapidly and Easily Comply With UK VAT ChangesFlexibility of NetSuite Tax Engine Accommodates Changes With No Software Updates or Patches

LONDON and SAN MATEO, Calif., Nov. 27 /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 a comprehensive plan for customers doing business in the United Kingdom who need to respond rapidly to the recent changes in value-added tax (VAT) rates announced by the British government on 24 November 2008. The revision reduces the standard VAT rate from 17.5% to 15% beginning 1 December 2008, requiring businesses to make quick adjustments in their billing and Ecommerce systems in order to comply with the rate change. Thanks to the built-in flexibility of the NetSuite Tax Engine integrated within the NetSuite business management software suite, NetSuite customers will only have to make a few simple and easy configuration changes to comply with the new rate; they will not have to wait for NetSuite to release updates, nor will they have to apply any software patches. NetSuite's UK VAT Compliance plan is designed to educate channel partners and customers alike on how to manage their transition to the new rate so companies can quickly and immediately comply with the VAT rate reduction, without any disruption to their business. For more information about the action plan for NetSuite customers, please visit http://www.netsuite.co.uk/portal/uk/landing/uk-vat-rate.shtml.

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

For more 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

Web site: http://www.netsuite.com/
http://www.netsuite.co.uk/portal/uk/landing/uk-vat-rate.shtml

VUANCE Ltd. Announces Third Quarter 2008 Operating Results

ROCKVILLE, Maryland, November 27 /PRNewswire/ --

- Revenues Increase 66% to Record US$5.8 Million, up 9% Sequentially vs.Q2

- 32% Reduction in Non-GAAP Operating Loss to US$1.1 Million vs. US$1.6 Million in Q3 07

VUANCE Ltd. (Nasdaq: VUNC), a leading provider of innovative Radio Frequency Verification Solutions, including active RFID, electronic access control, credentialing, accountability and critical situation management, today announced its operating results for the third quarter and nine month periods ending September 30, 2008.

Operational Highlights

-- VUANCE, in collaboration with one of its integrator partners, LX Mobile Systems, LTD, was selected to provide state-of-the-art border security for an Outdoor Perimeter Protection customer in the Middle East. The contract includes a range of integrated, mobile, RFID-based security features based on VUANCE's proprietary FSK system.

-- The Company entered into a 10-year services agreement with a European International Airport to provide support for the integrated perimeter security system and border control system as an incremental addition to the US$13.8 million contract previously announced to establish a security and control system at the airport. The additional service agreement includes annual fees of approximately US$620,000.

-- VUANCE provided credentialing services and expertise for the City of Los Angeles and the City's General Services Department (GSD) as part of the statewide Golden Guardian event, the nation's largest state-sponsored emergency exercise, which took place November 13-18.

-- Management consolidated several facilities, completing the integration of previous acquisitions, into a single logistic location as part of a broad expense-reduction initiative designed to help the Company reach cash flow break-even during 2009. In aggregate, the initiative is expected to reduce monthly burn rate by approximately US$200,000.

Third Quarter 2008 Results

Revenues for the quarter ended September 30, 2008 increased 66.3% to a record US$5.8 million from US$3.5 million in the year-ago third quarter, and increased 9.4% compared to the US$5.3 million recorded in the second quarter of 2008. The increase was largely driven by growth in the Passive RFID business, specifically related to Electronic access control and international projects implementation including progress in the previously announced US$13.8 million project at a European International Airport.

Eyal Tuchman, Chief Executive Officer of VUANCE Ltd., commented, "We continue to grow our pipeline for new business and expand our backlog of projects in progress, demonstrating strong and accelerating demand for our solutions and expertise. The new 10-year services agreement with our European airport customer adds to our recurring revenue base and validates our business model that is focused on long-term relationships and predictable recurring revenue. The ongoing focus on security and anti-terrorism solutions remains a driver for our business. From local school districts to major international transportation hubs, VUANCE is uniquely positioned to provide fully integrated solutions in these areas, as the only provider who can design and implement projects utilizing both passive and active RFID technologies."

Gross profit increased 49.2% to US$3.3 million for the third quarter compared to US$2.2 million for the prior-year third quarter up slightly on a sequential basis from the US$3.2 million for the second quarter. Gross profit margin for the third quarter of 2008 was 56.6% compared to gross profit margin of 63% for the third quarter last year. The lower gross margin is the result of a change in product mix, and the impact of sales made through distribution partners, which carry a lower gross profit margin, but over time will result in a reduced sales and marketing expense. Management continues to expect increased operating margin to more than offset the reduced gross profit margin as part of this strategic shift to a more indirect sales model.

Total operating expenses for the quarter were US$4.7 million, reflecting the contribution of SHC, which was acquired at the end of August 2007, compared to total operating expenses of US$4.1 million for the third quarter last year which included only one month of SHC. Due to a breach of a certain convertible bonds covenant, the Company had to recognize financial expenses, to accelerate deferred expenses and to classify the Convertible Bond as a current liability. Management is in negotiation with the major holder about optional remedies to the violation. On a sequential basis, expenses increased by 4.85% compared to the US$4.5 million for the second quarter of 2008. The Company reported a loss from operations of US$1.4 million compared to an operating loss of US$1.9 million for the third quarter last year.

The Company reported a net loss of US$2.2 million, or US$(0.43) per share, for the three months ended September 30, 2008, compared with a net loss of US$2.8 million, or US$(0.63) per share, in the third quarter of 2007 based on 5.2 million and 4.4 million weighted average shares outstanding, respectively. For further comparison, the Company reported a net loss of US$1.6 million, or US$0.30 per share, in the three months ended June 30, 2008.

On a non-GAAP basis (see reconciliation between GAAP and non-GAAP results at the end of this press release), excluding non-cash stock-based compensation and amortization of intangibles assets related to the SHC acquisition of US$349,000 during the third quarter of 2008, the Company reported a non-GAAP operating loss of US$1.1 million in the third quarter of 2008 compared to the non-GAAP operating loss of US$1.6 million in the third quarter of 2007. In the third quarter of 2008, the Company's non-GAAP net loss totaled US$1.8 million, or US$0.34 per share, versus a non-GAAP net loss of US$2.4 million, or US$0.54 per share, in the third quarter of 2007 based on 5.2 million and 4.4 million weighted average shares outstanding, respectively.

Revenues for the nine months ended September 30, 2008 increased 65.6% to US$15.2 million compared with revenues of US$9.2 million in the prior year period. Gross profit increased 64.2% to US$9.0 million in the most recent nine months, versus US$5.5 million for the nine months ended September 30, 2007. Gross profit margin for the first nine months of 2008 was 59.5% compared to gross profit margin of 60% for the year-ago period. Total operating expenses for the nine months ended September 30, 2008 were US$13.6 million, reflecting the contribution of SHC, which was acquired at the end of August 2007, compared to total operating expenses of US$9.3 million for the prior-year nine month period, which included only one month of SHC. The Company reported a loss from operations of US$4.6 million compared to a loss from operations of US$3.8 million in the year-ago period. The Company reported a net loss of US$7.7 million, or US$(1.49) per share, for the nine months ended September 30, 2008, compared with a net loss of US$5.2 million, or US$(1.26) per share, in the year-ago period based on 5.1 million and 4.1 million weighted average shares outstanding, respectively.

"Through nine months, we are well on our way to surpassing our guidance of at least US$20 million in revenue for 2008," added Mr. Tuchman. "With US$15.2 million booked through the first nine months of the year, and nearly US$3.9 million in the backlog for the fourth quarter we expect to surpass this US$20 million target. We have continued to invest in sales and marketing initiatives to grow our market share and introduce our solutions to potential customers, and this is resulting in steady growth in our sales pipeline. We also implemented a series of expense-reduction initiatives during the quarter, with the goal of moving us closer to achieving cash flow break-even. These initiatives included the consolidation of four logistical, manufacturing and warehousing locations into one facility in Wisconsin and the elimination of approximately 25% of our labor force. In addition, several directors and employees waived their cash compensation for a period of up to 12 months, accepting equity-based compensation instead. Senior management has accepted salary reductions to help the Company achieve its goal of reaching break-even status during 2009. Cumulatively, these initiatives are expected to yield approximately US$200,000 per month in expense reductions by January 2009, with initial savings beginning in October 2008."

On a non-GAAP basis (see reconciliation between GAAP and non-GAAP results at the end of this press release), excluding non-cash stock-based compensation and amortization of intangibles assets related to the SHC acquisition of US$985,000 during the first nine months of 2008, the Company reported a non-GAAP operating loss of US$3.6 million compared with a non-GAAP operating loss of US$2.9 million in the year-ago period. In the nine months ended September 30, 2008 excluding also the Beneficial Conversion Feature of convertible bonds of US$809,000, the Company's non-GAAP net loss totaled US$5.9 million, or US$(1.15) per share, versus a non-GAAP net loss of US$4.1 million, or US$(0.99) per share, in the prior-year period based on 5.1 million and 4.1 million weighted average shares outstanding, respectively.

Investor Conference Call

VUANCE will host an investor conference call to discuss its third quarter 2008 operating results today, November 25, 2008 at 10 a.m. Eastern Time (ET) (17:00 Israel Time). During the call, Mr. Eyal Tuchman, CEO, and Mr. Lior Maza, CFO, will discuss the Company's results.

To participate, please dial 1-888-281-1167 if calling within the United States. Please dial 0800-4048-418 if calling within the United Kingdom. Please dial 03-9180687 if calling within Israel.

A replay will be available until December 2, 2008. To access, please dial 1-888-782-4291 if calling within the United States. Please dial 0-800-028-6837 if calling within the United Kingdom. Please dial 03-9255927 if calling within Israel.

The call will also be accessible at the Company's corporate website at http://www.vuance.com.

Use of Non-GAAP Financial Information

In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, VUANCE uses non-GAAP measures of operational profit, net income and earnings per share, which are adjustments from results based on GAAP to exclude non-cash equity-based compensation charges in accordance with SFAS 123(R), amortization of intangibles assets related to acquisition, Beneficial conversion feature and amortization of discount on convertible bonds and other related expenses and provision for litigation-related expenses. VUANCE management believes the non-GAAP financial information provided in this release provides meaningful supplemental information regarding our performance and enhances the understanding of the Company's on-going economic performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. Management uses both GAAP and non-GAAP information in evaluating and operating the business and as such deemed it important to provide all this information to investors.

About VUANCE Ltd.

VUANCE Ltd. develops and markets state-of-the-art security solutions for viewing, tracking, locating, credentialing, and managing essential assets and personnel. VUANCE solutions encompass electronic access control, urban security, and critical situation management systems as well as long-range Active RFID for public safety, commercial, and government sectors. The Company's comprehensive product line enables end-to-end solutions that can be employed to successfully overcome the most difficult security challenges. Its Critical Situation Management System (CSMS) is the industry's most comprehensive mobile credentialing and access control system, designed to meet the needs of Homeland Security and other public initiatives. VUANCE is serious about security.

VUANCE Ltd. is headquartered in Rockville, MD. Its common stock is listed on the NASDAQ Capital Market under the symbol "VUNC". For more information, visit http://www.vuance.com.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company.

The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.

CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands September 30, December 31, 2008 2007 Unaudited Audited ASSETS CURRENT ASSETS: Cash and cash equivalents $951 $2,114 Restricted cash deposit 1,987 3,172 Marketable securities - 4,054 Trade receivables, net of allowance for doubtful accounts 3,618 2,463 Other accounts receivable and prepaid expenses 846 2,400 Inventories 1,338 566 Total current assets 8,740 14,769 INVESTMENTS AND LONG-TERM RECEIVABLES: Severance pay fund 336 309 PROPERTY AND EQUIPMENT, NET 222 218 OTHER ASSETS Goodwill 3,920 3,644 Intangibles assets and deferred charges 1,422 2,012 Total Other Assets 5,342 5,656 TOTAL ASSETS $14,640 $20,952 CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands September 30, December 31, 2008 2007 Unaudited Audited LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short-term bank credit and current maturities of long-term loan $- $478 Trade payables 2,307 1,498 Employees and payroll accruals 262 299 Convertible bonds (1) 3,157 - Accrued expenses and other liabilities 6,050 6,641 Total current liabilities 11,776 8,916 LONG-TERM LIABILITIES: Convertible bonds - 2,441 Accrued severance pay 403 362 Total long-term liabilities 403 2,803 COMMITMENTS AND CONTINGENT LIABILITIES SHAREHOLDER'S EQUITY 2,461 9,233 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $14,640 $20,952 (1) Due to a breach of a certain convertible bonds covenant, we had to recognize financial expenses in the amount of US$553, to accelerate deferred expenses in the amount of US$75 and to classify the Convertible Bond as a current liability. We currently are negotiating with the major holder about optional remedies to the violation

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share data) Nine months ended Three months ended September 30, September 30, 2008 2007 2008 2007 Unaudited Revenues $15,197 $9,174 $5,774 $3,471 Cost of revenues 6,155 3,666 2,507 1,282 Gross profit 9,042 5,508 3,267 2,189 Operating expenses: Research and development 2,074 904 611 516 Selling and marketing 9,059 6,094 3,247 2,637 General and administrative 2,496 2,291 830 907 Total operating expenses 13,629 9,289 4,688 4,060 Operating loss (4,587) (3,781) (1,421) (1,871) Financial expenses, net (1) (3,003) (1,144) (770) (823) Loss before taxes on income (7,590) (4,925) (2,191) (2,694) Taxes on income (123) (287) (8) (107) Net (loss) $(7,713) $(5,212) $(2,199) $(2,801) Basic and diluted net loss per share $(1.49) $(1.26) $(0.43) $(0.63) Weighted average number of Ordinary shares used in computing basic and diluted net loss per share 5,146,182 4,145,039 5,155,881 4,416,745 * Certain comparative figures have been reclassified to confirm to the current period presentation. 1. Due to a breach of a certain convertible bonds covenant, we had to recognize financial expenses in the amount of US$553, to accelerate deferred expenses in the amount of US$75 and to classify the Convertible Bond as a current liability. We currently are negotiating with the major holder about optional remedies to the violation RECONCILIATION BETWEEN GAAP TO NON-GAAP STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share data) Nine months ended Nine months ended September 30, 2008 September 30, 2007 GAAP Adjustment Non-GAAP GAAP Adjustment Non-GAAP Unaudited Unaudited Revenues $15,197 - $15,197 $9,174* - $9,174 Cost of revenues 6,155 (13)(a) 6,142 3,666 (2)(a) 3,664 Gross profit 9,042 13 9,055 5,508 2 5,510 Operating expenses: Research and develop- ment 2,074 (399)(a)(b) 1,675 904 (142)(a) 762 Selling and marketing 9,059 (370)(a)(b) 8,689 6,094 (135)(a) 5,959 General and admini- strative 2,496 (203)(a) 2,293 2,291 (583)(a)(d) 1,708 Total operating expenses 13,629 (972)(a)(b) 12,657 9,289 (860)(a) 8,429 Operating loss (4,587) 985 (3,602) (3,781) 862 (2,919) Financial income (expenses), net (1) (3,003) 809(c) (2,194) (1,144) (259)(c) (885) Loss before taxes on income (7,590) 1,794 (5,796) (4,925) 1,121 (3,804) Taxes on income (123) - (123) (287) - (287) Net (loss) $(7,713) $1,794 $(5,919) $(5,212) $1,121 $(4,091) Basic and diluted net loss per share $(1.49) $0.34 $(1.15) $(1.26) $0.27 $(0.99) Weighted average number of Ordinary shares used in computing basic and diluted net loss per share 5,146,182 5,146,182 5,146,182 4,145,039 4,145,039 4,145,039 (a) The effect of stock-based compensation. (b) The effect of amortization of intangibles assets related to acquisition. (c) Beneficial conversion feature and amortization of discount on convertible bonds and other related expenses. (d) The effect of provision for litigation-related expenses * Certain comparative figures have been reclassified to confirm to the current period presentation. 1. Due to a breach of a certain convertible bonds covenant, we had to recognize financial expenses in the amount of US$553, to accelerate deferred expenses in the amount of US$75 and to classify the Convertible Bond as a current liability. We currently are negotiating with the major holder about optional remedies to the violation

RECONCILIATION BETWEEN GAAP TO NON-GAAP STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share data) Three months ended Three months ended September 30, 2008 September 30, 2007 GAAP Adjustment Non-GAAP GAAP Adjustment Non-GAAP Unaudited Unaudited Revenues $5,774 - $5,774 $3,471 - $3,471 Cost of revenues 2,507 (3)(a) 2,504 1,282 (2)(a) 1,280 Gross profit 3,267 3 3,270 2,189 2 2,191 Operating expenses: Research and development 611 (114)(a)(b) 497 516 (77)(a) 439 Selling and marketing 3,247 (144)(a)(b) 3,103 2,637 (16)(a) 2,621 General and admini- strative 830 (88)(a) 742 907 (196)(a)(d) 711 Total operating expenses 4,688 (346)(a)(b) 4,342 4,060 (289)(a) 3,771 Operating loss (1,421) 349 (1,072) (1,871) 291 (1,580) Financial income (expenses), net (1) (770) 94(c) (676) (823) (137)(a)(c) (686) Loss before taxes on income (2,191) 443 (1,748) (2,694) 428 (2,266) Taxes on income (8) - (8) (107) - (107) Net (loss) $(2,199) $443 $(1,756) $(2,801) $428 $(2,373) Basic and diluted net loss per share $(0.43) $0.09 $(0.34) $(0.63) $0.09 $(0.54) Weighted average number of Ordinary shares used in computing basic and diluted net loss per share 5,155,881 5,155,881 5,155,881 4,416,745 4,416,745 4,416,745 (a) The effect of stock-based compensation. (b) The effect of amortization of intangibles assets related to acquisition. (c) Beneficial conversion feature and amortization of discount on convertible bonds and other related expenses. (d) The effect of provision for litigation-related expenses * Certain comparative figures have been reclassified to confirm to the current period presentation. 2. Due to a breach of a certain convertible bonds covenant, we had to recognize financial expenses in the amount of US$553, to accelerate deferred expenses in the amount of US$75 and to classify the Convertible Bond as a current liability. We currently are negotiating with the major holder about optional remedies to the violation CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS U.S. dollars in thousands Nine months ended Three months ended September 30, September 30, 2008 2007 2008 2007 Unaudited Cash flows from operating activities: Net loss $(7,713) $(5,212) $(2,199) $(2,801) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 489 92 164 73 Accrued severance pay, net 14 (61) 1 (7) Stock based compensation 650 751 238 181 Amortization of deferred charges 159 68 - 21 Amortization of discount on convertible bonds 810 183 95 61 Decrease (increase) in trade receivables (1,168) 607 (1,248) 140 Decrease (increase) in other accounts receivable and prepaid expenses 1,672 (1,453) 559 (1,409) Decrease (increase) in inventories (7.72) 48 (327) 23 Increase (decrease) in trade payables 809 (5) 625 (48) Increase (decrease) in employees and payroll accruals (71) (270) (125) 44 Increase (decrease) in accrued expenses and other liabilities (736) 4,632 1,153 4,778 Capital loss (gain) from sale of marketable securities 862 480 287 555 Decrease (increase) in value of marketable securities, net - - (252) - Exchange differences on principle of long-term loan 5 7 - (6) Others 9 9 Net cash provided by (used in) operating activities (4,990) (124) (1,029) 1,614 Cash flows from investing activities: Purchase of property and equipment (55) (81) (2) (9) Purchase of subsidiary that was consolidated for the first time. - (153) - (153) Capitalization of software and intangible assets (21) (509) (21) (227) Amounts carried to deferred charges - (52) - - Proceeds from restricted cash deposits, net 1,185 (2,273) 550 (1,498) Investment in marketable Securities of municipal bond, net - (350) - 1,075 Proceeds from sale of marketable securities of other company 3,192 4,723 893 3,642 Net cash provided by investing activities 4,301 1,305 1,420 2,830 Cash flows from financing activities: Short-term bank credit, net (45) (381) - (8) Proceeds from long-term loan - 2,850 - 350 Principal payment of long-term loan (438) (2,709) - (2,571) Proceeds from exercise of options, net 9 52 9 - Net cash provided by (used in) financing activities (474) (188) 9 (2,229) Increase (decrease) in cash and cash equivalents (1,163) 993 400 2,215 Cash and cash equivalents at the beginning of the period 2,114 2,444 551 1,222 Cash and cash equivalents at the end of the period $951 $3,437 $951 $3,437 Supplemental disclosure of cash flows information: Cash paid during the period for: Interest $8 $126 $1 $34 Supplemental disclosure of non-cash activities: Trade payable and Employees and payroll accruals related to capitalization of software $- $- $- $(65) Issuing shares capital against redemption of note payable $- $432 $- $432 1. During the nine months period and the three months period ended September 30, 2008 an amount of US$70 and US$0, respectively related to accounts payable was repaid using issuance of shares capital. 2. During the nine months period and the three months period ended September 30, 2008 an additional amount of US$276 and US$0, respectively was recorded as goodwill with respect to the acquisition of SHC as a result of clarifying of certain provisions of the acquired entity.

VUANCE Ltd.

Brett Maas of Hayden Communications, +1-646-536-7331, brett@haydenir.com, for VUANCE Ltd.

Even Santa Makes Virtual Payments

MUNICH, Germany, November 27 /PRNewswire/ --

- No Charge for Wirecard Payment Service During Pre-Christmas Season

Just in time for the start to the Advent season in the run-up to Christmas, users of the Wirecard Internet payment service can look forward to a very special gift: from the first Advent weekend until the end of the year, they can replenish their credit balance free of charge by transfer. The charges from user to user have also been suspended in this period.

(Photo: http://www.newscom.com/cgi-bin/prnh/20081127/329945 )

Compared with crowded pedestrian precincts and shopping centers, shopping for Christmas gifts on the Internet certainly has its advantages - in the comfort of their own homes, male and female Santas can choose the very best presents at their leisure. If price comparison portals are used in the process, online shoppers also stand to benefit from the large number of providers and often come across the most amazing bargains.

Whoever also wants to enjoy the full pleasure and benefits of Christmas shopping as regards security, can opt for the clever online payment using Wirecard. The principle is similar to that of a prepaid mobile phone - a credit balance is paid in via the Wirecard online account and is available in the form of a 16-digit MasterCard number, expiration date and Card Verification Code (CVC2) for online purchases.

The big question, namely "Where can I pay with it?" doesn't arise, because users can pay with their virtual MasterCard to pay all outlets that accept MasterCard - and that's more than 2.5 million merchants on the Internet across the globe.

For further particulars, visit http://www.mywirecard.com

About Wirecard AG:

Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, Wirecard supports over 10,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG provides account and credit card services both for business and private customers and is a Principal Member of VISA, MasterCard and JCB. The Internet payment service Wirecard enables consumers to make secure payments at millions of MasterCard acceptance outlets worldwide. In addition, registered users can send or receive money orders to each other on a real-time basis. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).

http://www.wirecard.com

http://www.wirecardbank.de

http://www.mywirecard.com

Wirecard Media Contact: Wirecard AG Iris StÃ¶ckl Bretonischer Ring 4 85630 Grasbrunn / Munich Germany Ph: +49(0)89-4424-0424 Fax: +49(0)89-4424-0524 e-mail: iris.stoeckl@wirecard.com Internet: http://www.wirecard.com

Wirecard AG

Wirecard Media Contact: Wirecard AG, Iris StÃ¶ckl, Bretonischer Ring 4, 85630 Grasbrunn / Munich, Germany, Ph: +49(0)89-4424-0424, Fax: +49(0)89-4424-0524, e-mail: iris.stoeckl@wirecard.com

Nokia Reveals the Results of a Global Study Into How People Find Their Way AroundLost in the City

ESPOO, Finland, November 27 /PRNewswire-FirstCall/ -- Getting lost in London is inevitable. According to new research commissioned by Nokia , the world's leading supplier of map- enabled devices, there are more people getting lost in London than anywhere else in the world, including cities like Bangkok and Beijing, which are nearly twice the size of London.

The findings are part of a global study, one of the largest navigation studies to date, where 12 500 people in 13 countries world were quizzed about their sense of direction and navigational habits.

Research found that one in ten people (ten percent) find it impossible to navigate around London, followed closely by Paris (nine percent), Bangkok (five percent), Hong Kong (five percent) and Beijing (four percent), making up the top five 'lost cities' on the planet. Moreover, when lost in London be wary of asking the locals for directions, as one in three Londoners admit to deliberately giving people the wrong directions.

Digital navigation overtakes traditional maps

More than 25 percent of people surveyed rely on online and mobile navigation tools to find their way around. More specifically, 13 percent of people use a mobile phone as their primary navigation tool, from a zero base just a few years ago. The country with the world's best sense of direction is Germany, where a third of people claim to have never lost their way. Unsurprisingly, it is also the country with the highest reliance on satellite navigation. One in ten women admits to not being able to read a traditional map, twice the number of men. This suggests that the end of the traditional map and compass is fast approaching with map reading skills across the world generally considered poor.

A sense of direction

One in five people believe a sense of direction is genetic and those that have a bad sense of direction are simply born that way. However having a good sense of direction seems rare and despite huge advances in online maps and mobile navigation, almost everyone surveyed (93 percent) still get lost regularly, with the average person wasting 13 minutes each time they do. This has big implications for some, with one in ten missing a job interview, an important business meeting or flight because they lost their way. Getting lost is affecting people's personal lives as well, with one in ten Brazilians missing out on a date because they got lost en-route.

"More people are becoming comfortable with using navigation tools on their phones and in their cars, and are seeing direct benefits from using these devices in their everyday lives," says Marita Markkula, head of Marketing for Nokia Maps. "People can customize the navigation features in their phones according to the routes they take, and updating information is quicker and easier than with traditional maps. You can even set your navigation enabled mobile phone to avoid traffic jams and roadworks, which cause many people to go off course."

Keeping up to date with the ever changing landscape

When approached by strangers asking for directions, many people use iconic landmarks such as statues, churches and bridges as recognizable 'breadcrumbs' to a destination. However, people in Britain prefer to use local pubs to signpost directions to others. In another reflection of city culture and make-up, the Chinese typically use skyscrapers to give directions.

"With cities growing so rapidly and new roads and buildings being built all the time, people are relying more on mobile navigation tools that are always with them. The development of turn by turn pedestrian navigation is a technology that should be embraced, as it helps people reach their destination easily," continues Marita Markkula.

The Nokia Maps service, which combines the latest services with devices like the Nokia 6210 Navigator, are perfect for staying on track. People can reach their destination more effectively with turn-by-turn pedestrian navigation, high-sensitivity GPS and a combined integrated compass. Nokia Maps are the perfect travel companions at home or abroad.

Other research highlights: - 30 percent of people blame their partners for getting lost, either because they were fighting or shouting directions at them - Dependence on technology is now such that one in four people claim they could not find their way without online maps and mobile satellite navigation - One in ten Spaniards consider a sense of direction matures with age, like fine wine - Indian men are the most likely people in the world to miss the birth of their child - Nearly a quarter of Italians rely on mobile navigation devices to find their way - Half of the Chinese depend on personal interaction for directions en-route - The most popular excuse for getting lost by Asians is bad weather - Russians have an alternative motive when it comes to asking for directions, with one in ten using it as an excuse to flirt Notes to Editor

Research conducted by ICM among 12 500 people in 13 countries during the period of 1 - 23 October 2008. Countries where research was conducted: UK, France, Spain, Germany, Italy, Australia, Brazil, China, UAE, Russia, Singapore, India, South Africa.

About Nokia

http://www.nokia.com/

Nokia Corporation

CONTACT: Media Enquiries: Nokia, Communications, Tel. +358-7180-34900,
Email: press.services@nokia.com

Plusieurs constructeurs navals japonais étendent l'utilisation des solutions d'ingénierie maritime d'AVEVA

KUALA LUMPUR, November 27 /PRNewswire/ -- AVEVA (LSE : AVV), le principal fournisseur de systèmes informatiques d'ingénierie dans les secteurs industriel et maritime, a annoncé la conclusion de contrats pour un montant de 2,5 millions USD avec certains des principaux constructeurs navals japonais (Namura Shipbuilding, Universal Shipbuilding Corporation, Shin Kurushima Dockyard, Sumitomo Heavy Industries Marine & Engineering souhaitant étendre leur utilisation des solutions de gestion des installations navales d'AVEVA. Ces contrats ont été signés durant le premier trimestre de l'exercice d'AVEVA, clôturé au 30 septembre 2008.

L'utilisation des solutions d'ingénierie maritime AVEVA au Japon a commencé avec Kawasaki Shipbuilding Corporation en 1994. Depuis, Kawasaki a étendu l'application des solutions AVEVA à ses chantiers navals et commerciaux. A ce jour, plus de vingt clients japonais utilisent les solutions de gestion des installations navales d'AVEVA.

Peter Finch, président d'AVEVA Asia Pacific, déclare :

<< Avec ces extensions de contrats, les constructeurs navals japonais apportent la preuve de la confiance de ce secteur dans nos solutions, qui offrent des fonctionnalités efficaces en matière de conception, d'ingénierie et de construction à plus de 80 % des 50 plus grands chantiers navals du monde. Les solutions AVEVA permettent aux constructeurs navals de réduire leurs coÃ»ts, d'accélérer leurs échelles de temps et d'optimiser leurs performances, pour positionner leurs activités au-delà du contexte de ralentissement économique mondial. >>

A propos d'AVEVA Group plc

AVEVA Group PLC est l'Editeur de Solutions Logiciels et Services pour l'Ingénierie et la gestion du cycle de vie des Industries de l'Energie, du Pétrole et du Gaz, du Papier, de la Chimie, de la Pharmacie et de la Construction Navale, le plus en pointe et constatant la plus forte croissance au monde.

Coté à la Bourse de Londres (LSE:AVV), le Groupe affiche pour son année fiscale se terminant fin mars 2008, un bénéfice avant impôts de 45 millions de GBP et un chiffre d'affaires de 127.6 millions de GBP. Le Groupe connait une croissance constante depuis 1967 grâce à son rôle pionnier dans les technologies pour l'Ingénierie qui protègent les données du patrimoine industriel de ses clients contre les aléas du secteur informatique.

Le groupe, qui affiche cinq décennies d'innovation, est à l'origine de la plupart des grandes technologies d'ingénierie des TI utilisées aujourd'hui. Avec un portefeuille de plus de 1700 clients, AVEVA occupe une place dominante dans de nombreux secteurs marchands, à terre comme en mer. En 2004, le groupe a racheté Tribon Solutions AB, la principale société spécialisée dans les solutions de construction navale. Plus d'informations sur le site http://www.aveva.com

Pour plus d'informations, prière de contacter : Youli Hooi AVEVA Asia Pacific Tél. : +603-2176-1234 youli.hooi@aveva.com

AVEVA

Pour plus d'informations, prière de contacter : Youli Hooi, AVEVA Asia Pacific, tél. : +603-2176-1234, youli.hooi@aveva.com

25 Millions de Personnes Ont Regardé Plus de 2 Milliards de Videos en Ligne en France en Septembre 2008

LONDRES, November 27 /PRNewswire/ --

- Dailymotion arrive en deuxième place avec une part de marché de 14 %

comScore, Inc. (Nasdaq: SCOR), un des leaders mondiaux dans le domaine de la mesure d'Internet, a publié aujourd'hui les données du service comScore Video Metrix, qui montrent que 25,4 millions d'internautes français ont regardé un total de 2,2 milliards de vidéos en ligne en septembre 2008. comScore Video Metrix est le seul service de ce type disponible en France.

Les sites Google se situent parmi les sites de visionnement de vidéo en ligne les plus populaires

Les sites de Google, dans le sillage du populaire YouTube.com (qui représente 98 % de toutes les vidéos regardées sur la propriété en septembre), ont représenté 33,2 % de toutes les vidéos en ligne regardées en France. Le site de vidéo français Dailymotion.com arrive en deuxième position avec une part de marché de 13,5 % tandis qu'un autre groupe français, Groupe TF1, arrive troisième avec 2,2 %. Les sites de Microsoft (1,2 %) et Megavideo.com (1 %) achèvent le top 5.

Classement des sites* de vidéo en ligne français par vidéos regardées Septembre 2008 Total pour la France - Age 15+, Domicile et Travail** Source : comScore Video Metrix Parts (%) Site Vidéos (000) des vidéos Total Audience Internet France 2 242 437 100,0 % Sites Google 745 480 33,2 % Dailymotion.com 303 552 13,5 % Groupe TF1 50 081 2,2 % Sites Microsoft 26 186 1,2 % Megavideo.com 22 546 1,0 % AOL LLC 20 351 0,9 % Sites Allociné 9801 0,4 % France Televisions Interactive 9016 0,4 % Sites Orange 8637 0,4 % Kewego 8482 0,4 %

*Classements basés sur des sites à contenu vidéo ; hors réseaux de serveurs vidéo. La vidéo en ligne inclut à la fois le streaming et la vidéo à téléchargement progressif.

** L'usage issu des ordinateurs publics comme dans les cybercafés ou à partir de téléphones portables ou d'assistants numériques personnels n'est pas inclus.

Les internautes français ont regardé 88 vidéos par personne en septembre

25,4 millions d'internautes français ont regardé une moyenne de 88,4 vidéos par personne en septembre. Les sites de Google ont attiré la plupart des internautes (14,6 millions) avec une moyenne de 51,2 vidéos par personne. Dailymotion.com se place en deuxième position (10,7 millions), suivi du Groupe TF1 (6 millions) et des sites Microsoft (5,5 millions).

Meilleurs sites* de vidéo en ligne français classés par total des visiteurs uniques Septembre 2008 Total pour la France - Age 15+, Domicile et Travail** Source : comScore Video Metrix Site Total des spectateurs Nombre moyen de vidéos uniques (000) par spectateur Total Audience Internet France 25 361 88,4 Sites Google 14 557 51,2 Dailymotion.com 10 673 28,4 Groupe TF1 5950 8,4 Sites Microsoft 5481 4,8 Kewego 2414 3,5 Sites Orange 2343 3,7 Sites Allociné 2131 4,6 AOL LLC 2097 9,7 Megavideo.com 1531 14,7 Sites Iliad/Free.fr 1401 5,6

*Classements basés sur des sites à contenu vidéo ; hors réseaux de serveurs vidéo. La vidéo en ligne inclut à la fois le streaming et la vidéo à téléchargement progressif.

** L'usage issu des ordinateurs publics comme dans les cybercafés ou à partir de téléphones portables ou d'assistants numériques personnels n'e st pas inclus.

Parmi les résultats épinglés pour septembre 2008 :

- 77,8 % des internautes français ont regardé des vidéos en ligne. - Les spectateurs français ont regardé un total de 156 millions d'heures de vidéo. - 14,4 millions de spectateurs ont regardé 732 millions de vidéos sur YouTube.com (51 vidéos par spectateur). - La durée moyenne des vidéos en ligne était de 4,2 minutes. - D'après comScore M: Metrics et sur une moyenne de trois mois s'achevant en septembre 2008, 3,8 millions d'abonnés à la téléphonie mobile ont utilisé leur téléphone portable pour regarder la TV ou des vidéos en France. Parmi eux, 43 % ont moins de 25 ans.

Ã€ propos de comScore comScore, Inc. (Nasdaq: SCOR), est un des leaders mondiaux dans le domaine de la mesure d'audience d'Internet. Pour plus d'informations, veuillez visiter www.comscore.com/boilerplate

comScore, Inc.

Jamie Gavin de comScore, Inc., +44-(0)-207-099-1775, worldpress@comscore.com

Wirecard Signs General Agreement With SKIDATA AG

MUNICH and GRASBRUNN, Germany, November 27 /PRNewswire/ --

- Settlement of Global Ticketing Solutions Possible via Wirecard in Future

MUNICH and GRASBRUNN, Germany, November 27 /PRNewswire/ --

Wirecard AG announces a cooperative venture with SKIDATA, the world's leading provider of access management and ticketing solutions. In future, SKIDATA customers such as operators of mountain rail and cableways, skiing resorts, sports stadiums and parking facilities will be able to select Wirecard as their payment providers; in doing so they stand to benefit from the simple, convenient processing of online ticket reservations via SKIDATA web shops.

SKIDATA AG, headquartered in Groedig near Salzburg, has specialized in development and marketing of visitor management systems. The company provides a ticketing system especially for mountain sports regions that ensures winter sportspersons of convenient and smooth transit at ski lifts and points of sale for skiing tickets. Customers can choose whether to book their tickets in the web shop, buy them conveniently at the hotel cash desk or pay directly at the ski lift cashier's window. SKIDATA supplies the necessary software for advance sales along with the relevant cash collection systems. If the tickets are purchased online via the web shop and by credit card, then the operators can process the payments using solutions from Wirecard AG. To this end, SKIDATA AG will be making a white label service available on its booking platform, into which the Wirecard payment interface has been integrated. With credit card acceptance via Wirecard Bank AG, the various operators of lift services stand to benefit from a settlement solution from a single source.

"As technology service providers, innovative technical solutions constitute a central mainstay of our efforts to do justice to constantly increasing customer requirements - and even to exceed them. In future, our customers will be able to turn directly to Wirecard in order to settle their online ticketing operations smoothly and safely," explains Urs Grimm, Management Board member and Division Head for personal access solutions at SKIDATA AG.

"We're delighted to have found a further innovative partner in SKIDATA with an equally high degree of sophistication and quality expectations of technical systems," says RÃ¼diger Trautmann, Chief Sales Officer at Wirecard AG.

SKIDATA's customers include mountain rail and cableway as well as resort operators across the globe. The first winter sport regions will be benefiting from payment processing solutions from Wirecard in time for this year's start to the skiing season, including Hinterglemmer Bergbahnen/ Saalbach Hinterglemm.

About Wirecard AG:

http://www.wirecard.com - http://www.wirecardbank.de - http://www.mywirecard.com

About SKIDATA AG:

SKIDATA AG (http://www.skidata.com), based in Groedig near Salzburg, is the international leader for access management and ticketing systems for controlled access by persons and vehicles to buildings and event locations. SKIDATA's clientele includes international metropolitan airports, ski resorts of note, sports stadiums and leisure parks. At present, some 5,500 SKIDATA applications have been deployed worldwide. SKIDATA is a member of the Swiss Kudelski Group (SWX: KUD.VX, http://www.nagra.com), one of the world's leading providers of digital security technologies.

Wirecard media montact: SKIDATA media contact: Wirecard AG Corporate Communications Iris StÃ¶ckl Mag. Andreas Florian Bretonischer Ring 4 Untersbergstrasse 40 D-85630 Grasbrunn / Munich A-5083 GrÃ¶dig/Salzburg Germany Austria Ph.: +49(0)89-4424-0424 Tel. +43(0)6246-888-2145 Fax: +49(0)89-4424-0524 Fax: +43(0)6246-8887 e-mail: iris.stoeckl@wirecard.com E-Mail: andreas.florian@skidata.com Internet: http://www.wirecard.com Internet: http://www.skidata.com

Wirecard AG

Wirecard media montact: Wirecard AG, Iris StÃ¶ckl, Bretonischer Ring 4, D-85630 Grasbrunn / Munich, Germany. Ph.: +49(0)89-4424-0424, Fax: +49(0)89-4424-0524, e-mail: iris.stoeckl@wirecard.com . SKIDATA media contact: Corporate Communications, Mag. Andreas Florian, Untersbergstrasse 40, A-5083 GrÃ¶dig/Salzburg, Austria; Tel. +43(0)6246-888-2145, Fax: +43(0)6246-8887, E-Mail: andreas.florian@skidata.com .

Nokia Develops a Smart Home Platform to Offer Consumers New Ways to Control Their Homes With a Mobile Device

ESPOO, Finland, November 27 /PRNewswire-FirstCall/ -- Nokia announced today it is developing a smart home platform, Nokia Home Control Center. The platform is opening a new era for networked home services and solutions. Nokia's Home Control Center will be the basis for next generation security, smart home solutions and household energy management systems.

The platform is open allowing third parties to integrate their own smart home solutions and services; its core consumer value is the plug and play experience across all solution areas with high security levels built in. All solutions based on the platform can be used through a smart phone or PC locally or remotely. Consumers can monitor and control their electricity usage, switch devices on and off, and monitor different objects, such as temperature, camera, and motion. In future, entire systems within the home can be connected to the Nokia platform, including security, heating, and ventilation systems.

"We see there is growth potential in the smart home market," said Teppo Paavola, Vice President, Head of Corporate Business Development, Nokia. "The home of today has intelligence everywhere, but to date there has not been a solution that is interoperable with wide range of home systems that can easily be controlled. We want to create an open solution where external partners can develop their own solutions and services on top of our platform. We believe that the mobile device is an ideal interface to control home intelligence, especially when the user is not at home."

Nokia today also announced a partnership with one of Europe's biggest energy companies, RWE. The co-operation aims at developing a comprehensive solution for managing energy consumption and CO2 footage at home. This cooperation combines RWE's energy competence with Nokia's technological know-how.

With this in mind, the first joint solution from Nokia and RWE on late 2009 will focus on home heating management. The product consists of a central control unit together with remote-controlled thermostats for the actual radiator. The user interface will be the PC and the mobile phone. In addition, a separate display will be available. RWE is also planning special offers combining these devices with new energy supply contracts. In a second step, Nokia and RWE are planning additional services in connection with smart meters beyond 2009. These services will provide consumers with real-time information about their energy consumption and allow them to control their energy bill remotely.

"We are delighted to have secured a world-leading technology partner in Nokia for our range of smart home energy products. Our aim is to offer innovative and affordable energy-efficient solutions for every household that are simple and convenient to operate," said Carolin Reichert, Head of New Business at RWE.

Further, Nokia has started working with a number of companies to define and create a solid basis for building the next generation of products that will introduce a new kind of mobile access to intelligent systems at the home. These collaboration partners include Danfoss, Delta Dore, Ensto, and Meishar Immediate Community (MIC) and Zensys. The Nokia smart home partner program is structured around five key areas which mobile access will open up, creating new opportunities for the next generation smart home. These are security, energy efficiency, wellness, construction, real estate, and smart home solutions.

Nokia Home Control Center will be part of Nokia's home offering. The solution will be demonstrated at the Nokia World event in Barcelona, Spain, on December 2-3, 2008 and is expected to become commercially available by the end of 2009.

More information about Nokia's smart home project and the partner program can be found at http://www.nokia.com/smarthome/partners.

An information call for media representatives will be held on November 27 at 11:00 CET. Dial-in number +358 7180 71870, Conference ID: 99753, PIN-code: 64422. Replay can be listened to at http://www.nokia.com/press after the call. Media representatives can e-mail questions before and during the call to cdo.communications@nokia.com.

About Nokia

http://www.nokia.com/

Nokia Corporation

CONTACT: Media Enquiries: Nokia, Corporate Development Office
Communications, Tel. +358-7180-36376, Email: cdo.communications@nokia.com;
Nokia, Communications, Tel. +358-7180-34900, Email: press.services@nokia.com

Overland Storage Announces $9 Million Receivable Financing Agreement

SAN DIEGO, Nov. 27 /PRNewswire-FirstCall/ -- Overland Storage, Inc. today announced that it had closed an accounts receivable financing transaction with Marquette Commercial Finance. Under the terms of the agreement, Marquette may finance up to $9 million of the company's domestic accounts receivable to provide the company with accelerated liquidity. The term of the agreement is two years with annual renewals thereafter.

"This financing agreement with Marquette will allow us to continue our recovery and execute our strategy," stated Vern LoForti, president and chief executive officer of Overland Storage. "I remain encouraged by the strength and commitment of the Overland team, and by the support of our channel partners who continue to stand by us. We are focused on harvesting our recent investment in the Snap Server business and in delivering new solutions that can leverage the variety of platforms represented by the Overland family of data protection appliances.

"We are grateful to the team at FTI Capital Advisors, LLC who assisted us in our search and, in spite of a very challenging financing environment, worked tirelessly to provide us with a number of options, including Marquette.

Likewise, we are excited to be working with the team at Marquette, who has been extremely responsive and professional, and has the backing of a very successful and well capitalized parent company," concluded LoForti.

About Overland Storage

Overland Storage provides affordable end-to-end data protection solutions that are engineered to store smarter, protect faster and extend anywhere - across networked storage, media types, and multi-site environments. Overland Storage products include award-winning NEO SERIES(R) and ARCvault(R) tape libraries, REO SERIES(R) disk-based backup and recovery appliances with VTL capabilities, Snap Server(R) NAS appliances, and ULTAMUS(R) RAID high- performance, high-density storage. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's web site at http://www.overlandstorage.com/

Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as "believes," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates" and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and the company's actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include: failure to obtain sufficient funding for us to execute our business strategy; Marquette's inability or unwillingness to perform its obligations or otherwise provide funding under the accounts receivable financing agreement; unexpected delays or costs related to the acquisition and integration of the Snap business; possible delays in new product introductions and shipments; failure to achieve desired benefits from cost-cutting measures; market acceptance of the company's new product offerings; the ability to maintain strong relationships with branded channel partners; the timing and market acceptance of new product introductions by competitors; worldwide information technology spending levels; unexpected shortages of critical components; our inability to penetrate the video surveillance market successfully; rescheduling or cancellation of customer orders; loss of a major customer; general competition and price pressures in the marketplace; the company's ability to control costs and expenses; and general economic conditions. Reference is also made to other factors detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

Overland, Overland Storage, REO Series, REO, NEO Series, NEO, ARCvault, ULTAMUS, Snap Server, GuardianOS and Snap Enterprise Data Replicator are trademarks of Overland Storage, Inc.

Overland Storage

CONTACT: Vernon A. LoForti, President and CEO,
vloforti@overlandstorage.com, or Kurt L. Kalbfleisch, VP Finance and CFO,
kkalbfleisch@overlandstorage.com, both of Overland Storage, +1-858-571-5555

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

Motorola Deploys Its First WiMAX 802.16e Trial Network in VietnamThe Motorola network enables Vietnam Datacommunications to plan ahead for next-generation service offerings to subscribers

HO CHI MINH CITY, Vietnam, Nov. 26 /PRNewswire-FirstCall/ -- Motorola, Inc. announced today that the company has deployed its first WiMAX trial network for Vietnam Datacommunications Company (VDC), a member company of the Vietnam Posts and Telecommunications Group (VNPT), the largest Internet service provider (ISP) in Vietnam. The network allows VDC to test next-generation wireless broadband services in major cities of Vietnam and reinforces Motorola's leadership in deploying commercial and trial networks for WiMAX 802.16e technology worldwide.

The launch of the WiMAX service follows the signing of an agreement between Motorola and VDC to commence a technical and commercial WiMAX trial in Hanoi and Ho Chi Minh City last year. Under the agreement, Motorola will install WiMAX Diversity Access Points and more than 100 customer premises equipment (CPE) in the nation's two largest cities.

"Launching the trial network for Vietnam Datacommunications Company is another milestone in Motorola's long history of leading WiMAX development in the industry," said Dr. Ray Owen, head of Technology for Asia and general director of Motorola Vietnam. "The WiMAX trial further strengthens our relationship with VDC and offers more choices of broadband access to its subscribers."

Motorola WiMAX 802.16e technology enables VDC to reach a wider subscriber base in a timely and cost-effective manner, helping it to meet the growing demand for broadband services and other IP services such as VoIP. WiMAX allows more people across the country access to faster Internet connections and other advanced telecom services, contributing to the country's economic growth.

"Vietnam Datacommunications Company gains competitive advantages by being a pioneer in trialing and launching new WiMAX services, which will allow us to capture market opportunities in the next generation wireless broadband space," Mr. Vu Hoang Lien, CEO, VDC.

Motorola WiMAX solutions include a flexible access point portfolio that provides best-fit networks for operators. The solutions have a small footprint, are easy to deploy and feature technologies such as modem technology which supports advanced antenna algorithms ready for future technologies, helping operators to reduce operating expenditure (OPEX).

Motorola now has 24 contracts for commercial WiMAX networks in 19 countries around the world. For more information about Motorola WiMAX solutions, please visit: http://www.motorola.com/wimax.

About Motorola

Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.

About Vietnam Posts and Telecommunications Group

Vietnam Posts and Telecommunications Group (VNPT) is the country's major state-owned post and telecommunications provider. It focuses on providing infrastructure and services to the nation's residents, managing logistics and sourcing, acting as consultant to other entities in the sector, and promoting postal and telecom industry development. VNPT owns eight state-affiliated companies including Vietnam Datacommunications Company, several joint ventures and 13 other subsidiaries in the country and in the region. Please visit http://www.vnpt.com.vn/ for more information.

About Vietnam Datacommunications Company (VDC)

VDC - a member company of the Vietnam Posts and Telecommunications Group (VNPT) is the state-owned broadband and data communication provider. It focuses on providing Internet and data infrastructure and access services to the nation's residents and businesses, and acting as information technology consultant to other entities in the sector and other industries. VDC is also broadening its reach to the broadband Internet world both in terms of providing wider access options to the end users and expanding its cooperation with multinational operators and suppliers. Please visit http://www.vdc.com.vn/ for more information.

MOTOROLA and the stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.

Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
AP Archive: http://photoarchive.ap.or/
PRN Photo Desk, photodesk@prnewswire.com Motorola, Inc.

CONTACT: Cordia So of Motorola, Asia Pacific, +852 2966 3840,
cordia.so@motorola.com; or Le Bao Khanh of Galaxy Co., Ltd, +844 974 6116,
lebkhanh@galaxy.com.vn

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

Glancy Binkow & Goldberg LLP - Representing Investors Who Purchased Cadence Design Systems, Inc. - Announces Update to Shareholder Lawsuit

LOS ANGELES, Nov. 26 /PRNewswire/ -- Glancy Binkow & Goldberg LLP -- representing shareholders of Cadence Design Systems, Inc. -- announces 33 days remaining to move to be a lead plaintiff in the shareholder lawsuit. All persons or entities who purchased or otherwise acquired the securities of Cadence Design Systems, Inc. ("Cadence" or the "Company") , between April 23, 2008 and October 22, 2008, inclusive (the "Class Period"), may move the Court not later than December 29, 2008, to serve as lead plaintiff; however, you must meet certain legal requirements.

If you wish to receive a copy of the Complaint, or have any questions concerning your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, or e-mail to info@glancylaw.com, or visit our website at http://www.glancylaw.com/.

The Complaint charges Cadence and certain of the Company's executive officers with violations of federal securities laws. Among other things, plaintiff claims that defendants' material omissions and dissemination of materially false and misleading statements concerning the Company's business, operations and prospects, caused Cadence's stock price to become artificially inflated, inflicting damages on investors. Cadence develops electronic design automation software and hardware for electronics companies worldwide. Its products and services are used to design and develop integrated circuits and electronics systems.

The Complaint alleges that throughout the Class Period defendants knew or recklessly disregarded that their public statements concerning Cadence's business and operations were materially false and misleading. Specifically, the Complaint alleges that defendants' public statements were false and misleading or failed to disclose or indicate the following: (1) that the Company improperly recognized revenue; (2) that as a result, the Company misstated its financial results during the Class Period; (3) that the Company's financial results were not prepared in accordance with Generally Accepted Accounting Principles; (4) that the Company lacked adequate internal and financial controls; and (5) as a result of the above, the Company's financial statements were materially false and misleading at all relevant times.

On October 15, 2008 Cadence's stock declined more than 15% after the Company disclosed that Michael Fister had resigned as President, Chief Executive Officer, and director of the company, and that four other Cadence executives had also resigned. Thereafter, on October 22, 2008 Cadence shocked investors when it delayed the announcement of its third-quarter financial results and disclosed that Cadence was reviewing, in conjunction with the Company's independent accountants and legal advisors, the recognition of revenue related to customer contracts signed during the first quarter of 2008. Cadence revealed that the Company initiated the review after preliminarily determining during its regular review of its third quarter results that approximately $24 million of revenue relating to these contracts was recognized during the first quarter of 2008, but should have been recognized ratably over the duration of the contracts commencing in the second quarter of 2008. Cadence further disclosed that, as a result, Cadence expects to restate its financial statements for the first quarters of 2008 and the first half of 2008 to correct the revenue recognition with respect to these contracts. On this news, shares of Cadence declined $1.10 per share, more than 25%, to close on October 23, 2008 at $3.22 per share, on unusually heavy volume.

Plaintiff seeks to recover damages on behalf of Class members and is represented by Glancy Binkow & Goldberg LLP, a law firm with significant experience in prosecuting shareholder lawsuits, and substantial expertise in actions involving corporate fraud.

If you are a member of the Class described above, you may move the Court, not later than December 29, 2008, to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, California 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by e-mail to info@glancylaw.com.

Glancy Binkow & Goldberg LLP

CONTACT: Lionel Z. Glancy, +1-310-201-9150, or Michael Goldberg,
1-888-773-9224, info@glancylaw.com, both of Glancy Binkow & Goldberg LLP

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

March Networks Reports Record Revenue and Return to Positive Operating Earnings* in Second Quarter of Fiscal 2009Summary Operating Results:------------------------------------------------------------------------- ------------------------------------------------------------------------- $Cdn millions Q1-Q2 Q1-Q2 except EPS data Q2 2009 Q2 2008 2009 2008 ------------------------------------------------------------------------- Revenue $28.3 $27.7 $56.1 $52.3 ------------------------------------------------------------------------- Operating earnings* 1.0 (1.0)** (0.2)** (0.1)** ------------------------------------------------------------------------- Net loss $(1.0) $(0.7) $(3.5) $(0.3) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Loss per share $(0.06) $(0.04) $(0.20) $(0.02) ------------------------------------------------------------------------- ------------------------------------------------------------------------- * Non-GAAP measure: earnings (loss) before stock based compensation, amortization of acquired intangibles, restructuring costs, interest and income taxes. This measure may not be comparable to similar measures used by other companies. ** Includes provisions of $1.2 million for potential contract losses in Q1'2009 and $2.4 million for retrofit costs in Q2'2008.

OTTAWA, Nov. 26 /PRNewswire-FirstCall/ -- March Networks(TM) (TSX:MN), a leading provider of innovative video and data applications used for security surveillance, monitoring, analysis and business optimization, today announced financial results for the second quarter and six months ended October 31, 2008. All figures in Canadian dollars and in accordance with Canadian GAAP unless otherwise specified.

The Company achieved record revenue of $28.3 million in the second quarter of fiscal 2009 representing an increase of 2% as compared to revenue of $27.7 million and $27.8 million in the second quarter of fiscal 2008 and the first quarter of fiscal 2009, respectively. Revenue for the first six months of fiscal 2009 of $56.1 million increased by 7% as compared to the first six months of fiscal 2008.

The Company recorded non-GAAP operating earnings of $1.0 million in the second quarter of fiscal 2009 compared to a loss of $1.0 million in the second quarter of fiscal 2008 and represents a $2.2 million improvement from the loss of $1.2 million that was recorded in the first quarter of fiscal 2009. Operating earnings for the first half of fiscal 2009 reflected a loss of $168,000 as compared to a loss of $58,000 in the first six months of fiscal 2008.

The Company incurred a net loss in the second quarter of fiscal 2009 of $1.0 million or $0.06 per share, including the impact of $1.4 million of restructuring charges associated with staff reductions during the quarter, as compared to a net loss of $666,000, or $0.04 per share, in the second quarter of fiscal 2008, and a net loss of $2.4 million, or $0.14 per share, in the first quarter of fiscal 2009.

"Q2 was a solid quarter for the Company highlighted by record revenues in a challenging economic environment", said Peter Strom, President and Chief Executive Officer. "Our expanded product line, new vertical markets and growing international business are key contributors to these results."

Financial Highlights - Record level of quarterly and first half revenues. - Revenue excluding Wal-Mart and Cieffe increased by 40% and 33% in the second quarter and first six months of fiscal 2009, respectively, as compared to the same periods of fiscal 2008. - Recorded positive operating earnings for the first time in five quarters. - Completed Normal Course Issuer Bid for one million shares at a cost of $4.6 million ($2.6 million in the second quarter of fiscal 2009).

"Staff reductions carried out in the second quarter of fiscal 2009 are part of continuing restructuring efforts to reduce costs in order to improve profitability and mitigate the risks associated with uncertain global economic conditions", said Ken Taylor, CFO of March Networks. "While economic instability may affect our second half results, the Company's second quarter and first half results indicate that the Company is on track to achieving its revenue and operating profitability objectives for fiscal 2009."

Business Outlook

The Company is maintaining its fiscal 2009 annual revenue and earnings guidance which was last published in the Company's first quarter fiscal 2009 results released on August 27th, 2008.

The Company's revenue expectations for the fiscal year ending April 30, 2009 are in the range of $100 million to $115 million.

The Company's expectations of operating earnings for fiscal 2009 are in the range of $0.5 million to $5 million. Operating earnings is a non-GAAP measure that the Company uses to evaluate its performance in order to emphasize on-going cash flow impacting operating activities. The Company defines this measure as earnings before interest, taxes, amortization of acquired intangibles, restructuring costs and stock based compensation expense. This measure may not be comparable to similar measures used by other companies.

The Company will discuss the results on a conference call and webcast on Thursday, November 27, 2008 at 8:30 a.m. EST (1:30 p.m. GMT). The conference call may be accessed by dialing 1-800-733-7571 (North America) or 00 800 2288 3501 (Europe).

The conference call webcast can be accessed at: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2471260

A replay of the conference call will be available from November 27, 2008 at 11:30 a.m. EST until December 4, 2008 at 11:59 p.m. EST. The replay can be accessed at 1-877-289-8525 or 416-640-1917. The passcode for the replay is 21288618#.

About March Networks

March Networks(TM) (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/.

-------------------------------------------------------------------------

Certain statements included in this release constitute forward-looking statements, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect the Company's current assumptions and expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current assumptions and expectations.

Assumptions made in preparing the forward-looking statements and financial guidance contained in this release include, but are not limited to, the following:

- The market for the Company's products will grow by greater than 10% annually. - The Company's revenue concentration with any end user customer will not exceed 10% in fiscal 2009. - The Company will develop and deliver new products on time in order to satisfy the demands of current and potential customers. - The Company will have adequate component supply to meet customer demand. - The Company's gross margin as a percentage of revenue in fiscal 2009 will improve relative to fiscal 2008. - The Company will lower its operating cost structure as a percentage of revenue relative to fiscal 2008. - The Company's restructuring efforts to address deteriorating economic conditions will achieve expected cost reductions without significantly impacting the Company's business. - The prevailing exchange rate for US dollars and Euros to Canadian dollars will be US$1.00=CDN$1.20 and Euro 1= CDN$1.50. - The Company will continue to demonstrate its potential to generate sufficient profits in future fiscal years to realize the value of its future tax assets.

Factors that could cause actual results to differ materially from expected results include, but are not limited to, the following:

- The influence of deteriorating economic conditions on the Company and its customers and target markets which may impair the Company's ability to achieve its revenue and profitability objectives and negatively impact cash flow. - Weaker than expected success versus competitors in new customer and vertical market opportunities and/or loss of existing customers to competitors. - Revenue shortfalls due to delays in securing new customer opportunities and the lack of long term purchase commitments from customers. - Higher than targeted product costs and/or higher than expected declines in market pricing for the Company's products. - Product issues that result in increased costs to the Company and/or lost revenue opportunities. - Delays in product development programs for new products and new product features which lead to cost overruns and /or missed customer opportunities. - Changes in the mix of revenues between fixed and mobile transportation solutions. - Shifts in value of the Canadian dollar relative to billing currencies. - Difficulties integrating acquired business operations and related diversion of management attention.

Additional risks are discussed herein and under "Risk Factors" in the Company's Annual Information Form available online at http://www.sedar.com/.

------------------------------------------------------------------------- * MARCH NETWORKS and the MARCH NETWORKS logo are trademarks of March Networks Corporation. All other trademarks are the property of their respective owners. March Networks Corporation ------------------------------------------------------------------------- CONSOLIDATED STATEMENTS OF OPERATIONS ------------------------------------------------------------------------- (Canadian dollars, amounts in thousands, except share and per-share data) (Unaudited) ------------------------------------------------------------------------- Three Months Ended Six Months Ended ------------------------------------------------------------------------- October 31, October 31, October 31, October 31, 2008 2007 2008 2007 ------------------------------------------------------------------------- REVENUE $28,276 $27,713 $56,080 $52,259 ------------------------------------------------------------------------- COST OF REVENUE 16,041 14,527 30,926 27,844 ------------------------------------------------------------------------- CONTRACT LOSSES AND RETROFIT - 2,439 1,187 2,439 ------------------------------------------------------------------------- GROSS MARGIN 12,235 10,747 23,967 21,976 ------------------------------------------------------------------------- EXPENSES: ------------------------------------------------------------------------- Selling, marketing and support 5,063 3,949 9,917 7,971 ------------------------------------------------------------------------- Research and development 3,509 3,705 7,552 6,669 ------------------------------------------------------------------------- General and administrative 2,663 4,096 6,666 7,394 ------------------------------------------------------------------------- Stock based compensation 279 805 763 1,610 ------------------------------------------------------------------------- Amortization of acquired intangibles 933 137 1,859 274 ------------------------------------------------------------------------- Restructuring costs 1,419 - 1,419 - ------------------------------------------------------------------------- Total expenses 13,866 12,692 28,176 23,918 ------------------------------------------------------------------------- LOSS BEFORE UNDERNOTED ITEMS (1,631) (1,945) (4,209) (1,942) ------------------------------------------------------------------------- Interest and other income, net 310 1,073 704 2,000 ------------------------------------------------------------------------- EARNINGS (LOSS) BEFORE INCOME TAXES (1,321) (872) (3,505) 58 ------------------------------------------------------------------------- Current income tax expense (320) 22 (7) 22 ------------------------------------------------------------------------- Future income tax expense 20 (228) (29) 328 ------------------------------------------------------------------------- NET LOSS $(1,021) $ (666) $(3,469) $ (292) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Net loss per share: ------------------------------------------------------------------------- Basic $ (0.06) $ (0.04) $ (0.20) $ (0.02) ------------------------------------------------------------------------- Diluted $ (0.06) $ (0.04) $ (0.20) $ (0.02) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Shares used in per-share calculation: ------------------------------------------------------------------------- Basic 17,480,295 16,886,938 17,712,643 16,881,446 ------------------------------------------------------------------------- Diluted 18,217,440 18,004,947 18,449,887 17,993,784 ------------------------------------------------------------------------- March Networks Corporation ------------------------------------------------------------------------- CONSOLIDATED BALANCE SHEETS ------------------------------------------------------------------------- (Canadian dollars, amounts in thousands) (Unaudited) ------------------------------------------------------------------------- October 31, April 30, 2008 2008 ------------------------------------------------------------------------- ASSETS ------------------------------------------------------------------------- Current assets: ------------------------------------------------------------------------- Cash $ 6,265 $ 4,187 ------------------------------------------------------------------------- Short-term investments 35,585 59,209 ------------------------------------------------------------------------- Restricted cash 2,882 2,410 ------------------------------------------------------------------------- Accounts receivable 23,317 15,432 ------------------------------------------------------------------------- Inventories 25,602 22,220 ------------------------------------------------------------------------- Prepaid expenses and other current assets 2,311 2,982 ------------------------------------------------------------------------- Future tax assets 5,023 4,556 ------------------------------------------------------------------------- Total current assets 100,985 110,996 ------------------------------------------------------------------------- Capital assets 6,377 2,492 ------------------------------------------------------------------------- Intangible assets 14,546 16,377 ------------------------------------------------------------------------- Future tax assets 21,350 21,081 ------------------------------------------------------------------------- Goodwill 22,133 22,048 ------------------------------------------------------------------------- TOTAL ASSETS $165,391 $172,994 ------------------------------------------------------------------------- LIABILITIES AND SHAREHOLDERS' EQUITY ------------------------------------------------------------------------- Current liabilities: ------------------------------------------------------------------------- Accounts payable $ 9,984 $11,576 ------------------------------------------------------------------------- Accrued liabilities 10,691 10,236 ------------------------------------------------------------------------- Refundable royalty advance 2,882 2,410 ------------------------------------------------------------------------- Deferred revenue 2,245 3,329 ------------------------------------------------------------------------- Deferred leasehold inducement 132 - ------------------------------------------------------------------------- Income taxes payable 421 422 ------------------------------------------------------------------------- Total current liabilities 26,355 27,973 ------------------------------------------------------------------------- Deferred revenue 9,808 9,048 ------------------------------------------------------------------------- Deferred leasehold inducement 1,167 - ------------------------------------------------------------------------- Long term compensation 396 451 ------------------------------------------------------------------------- Future tax liabilities 3,849 4,362 ------------------------------------------------------------------------- Total liabilities 41,575 41,834 ------------------------------------------------------------------------- Shareholders' equity 123,816 131,160 ------------------------------------------------------------------------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $165,391 $172,994 ------------------------------------------------------------------------- March Networks Corporation ------------------------------------------------------------------------- CONSOLIDATED STATEMENTS OF CASH FLOWS ------------------------------------------------------------------------- (Canadian dollars, amounts in thousands) (Unaudited) ------------------------------------------------------------------------- Three Months Ended Six Months Ended ------------------------------------------------------------------------- October 31, October 31, October 31, October 31, 2008 2007 2008 2007 ------------------------------------------------------------------------- Cash flows from operating activities: ------------------------------------------------------------------------- Net loss $ (1,021) $ (666) $ (3,469) $ (292) ------------------------------------------------------------------------- Items not affecting cash: ------------------------------------------------------------------------- Amortization of capital assets 698 333 1,089 658 ------------------------------------------------------------------------- Amortization of acquired intangible assets 933 137 1,859 274 ------------------------------------------------------------------------- Stock based compensation 279 805 763 1,610 ------------------------------------------------------------------------- Unrealized foreign exchange (gain)/ loss 555 (481) 660 (615) ------------------------------------------------------------------------- Future income taxes and non- refundable investment tax credits 258 (479) (37) (143) ------------------------------------------------------------------------- Net change in non-cash items (3,294) 5,398 (14,089) 9,363 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Net cash generated (consumed) by operating activities (1,592) 5,047 (13,224) 10,855 ------------------------------------------------------------------------- ------------------------------------------------------------------------- ------------------------------------------------------------------------- Cash flows from investing activities: ------------------------------------------------------------------------- Redemption (purchase) of short-term investments 7,861 (4,524) 23,624 (9,813) ------------------------------------------------------------------------- Purchase of capital assets (2,796) (252) (3,446) (377) ------------------------------------------------------------------------- Acquisition of business (41) - (699) - ------------------------------------------------------------------------- Net cash generated (consumed) by investing activities 5,024 (4,776) 19,479 (10,190) ------------------------------------------------------------------------- ------------------------------------------------------------------------- ------------------------------------------------------------------------- Cash flows from financing activities: ------------------------------------------------------------------------- Issuance (repurchase) of share capital, net (2,622) 75 (4,574) 127 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Net cash generated (consumed) by financing activities (2,622) 75 (4,574) 127 ------------------------------------------------------------------------- ------------------------------------------------------------------------- ------------------------------------------------------------------------- Net increase in cash 810 346 1,681 792 ------------------------------------------------------------------------- Foreign exchange gain (loss) on foreign cash held 325 (164) 397 (187) ------------------------------------------------------------------------- Cash, beginning of period 5,130 3,949 4,187 3,526 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Cash, end of period $ 6,265 $ 4,131 $ 6,265 $ 4,131 ------------------------------------------------------------------------- -------------------------------------------------------------------------

MARCH NETWORKS CORPORATION

CONTACT: Peter Wilenius, VP Investor Relations and Corporate
Development, March Networks Corporation, (613) 591-8181,
pwilenius@marchnetworks.com

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2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Datasheet begin: 0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Distributors inventory: 0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z