Companies news

BEIJING, March 12 /PRNewswire-Asia/ -- China Digital TV Holding Co., Ltd. (''China Digital TV'' or the ''Company''), the leading provider of conditional access (''CA'') systems to China's rapidly growing digital television market, today announced that the Company has promoted Mr. Dong Li to president. Mr. Li will oversee day-to-day operations of the Company in his new role as president and will maintain his previous role as chief marketing officer. Mr. Li will report to the chief executive officer, Mr. Jianhua Zhu.

Mr. Li, 37, has served as China Digital TV's chief marketing officer since 2004. From 2001 to 2004, he was the assistant to general manager and chief marketing officer of N-T Information Engineering Co., Ltd, China Digital TV's predecessor company. Prior to joining the Company, Mr. Li was a project manager at China Technology Import and Export Corp. Mr. Li holds a bachelor's degree in materials science and technology from Tsinghua University.

''I'm truly excited to announce the promotion of Mr. Dong Li to president of China Digital TV,'' said Mr. Jianhua Zhu, China Digital TV's chairman and chief executive officer. ''In his eleven years with China Digital TV, Dong has been essential to our tremendous growth, playing a central role in building our sales and marketing team and demonstrating strong leadership skills. His knowledge and expertise in China's digital TV industry is second to none, and I am confident that Dong will bring even greater success to the company in his new role.''

"I am honored to take on greater responsibilities at this significant point in China Digital TV's development," Mr. Dong Li commented. "With our market leading position in China's growing CA industry, and the promising growth potential of the value-added services market, I am excited about the opportunities ahead and look forward to driving success in the years to come.''

About China Digital TV

Founded in 2004, China Digital TV is the leading provider of conditional access (''CA'') systems to China's rapidly growing digital television market. CA systems enable television network operators to manage the delivery of customized content and services to their subscribers. China Digital TV conducts substantially all of its business through its subsidiaries, Beijing Super TV Co., Ltd. and Beijing Novel-Super Media Investment Co., Ltd, and its affiliate, Beijing Novel-Super Digital TV Technology Co., Ltd.

For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn/ .

Safe Harbor Statements

This announcement 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. Such forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995.

These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "may," "should" and similar expressions. Such forward-looking statements include, without limitation, statements regarding the comments by management in this announcement about trends in the CA systems, digital television, cable television and related industries in the PRC and China Digital TV's strategic and operational plans and future market positions. China Digital TV may also make forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about China Digital TV'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 projections contained or implied in any forward-looking statement, including but not limited to the following: competition in the CA systems, digital television, cable television and related industries in the PRC and the impact of such competition on prices, our ability to implement our business strategies, changes in technology, the structure of the cable television industry or television viewer preferences, changes in PRC laws, regulations or policies with respect to the CA systems, digital television, cable television and related industries, including the extent of non-PRC companies' participation in such industries, and changes in political, economic, legal and social conditions in the PRC, including the government's policies with respect to economic growth, foreign exchange and foreign investment.

Further information regarding these and other risks and uncertainties is included in our annual report on Form 20-F and other documents filed with the U.S. Securities and Exchange Commission. China Digital TV does not assume any obligation to update any forward-looking statements, which apply only as of the date of this press release.

For investor and media inquiries, please contact: In China: Eric Yuan China Digital TV Tel: +86-10-8279-0021 Email: ir@chinadtv.cn Cynthia He Brunswick Group LLC Tel: +86-10-6566-9504 Email: che@brunswickgroup.com In the US: Kate Tellier Brunswick Group LLC Tel: +1-212-706-7879 Email: ktellier@brunswickgroup.com

China Digital TV Holding Co., Ltd.

CONTACT: In China: Eric Yuan, China Digital TV at +86-10-8279-0021 or
ir@chinadtv.cn; Cynthia He, Brunswick Group LLC at +86-10-6566-9504 or
che@brunswickgroup.com; Or in the US: Kate Tellier, Brunswick Group LLC at +1-
212-706-7879 or ktellier@brunswickgroup.com

Web site: http://ir.chinadtv.cn/

FiberTower Reports 2008 Fourth Quarter and Full Year ResultsAchieves 23% Reduction in Adjusted EBITDA Loss for 2008 Fourth Quarter

SAN FRANCISCO, March 12 /PRNewswire-FirstCall/ -- FiberTower Corporation , a wireless backhaul services provider, today reported results for the fourth quarter and year ended December 31, 2008.

Highlights for the fourth quarter of 2008 included the following: -- Average monthly revenue per site grew 3% to $1,732 from $1,679 in the third quarter of 2008. -- Billing customer locations grew 5% to 6,096 from 5,832 at the end of the third quarter of 2008. Billing customer locations grew 58% year-over-year. -- Field EBITDA remained positive and continued to improve month over month. -- Adjusted EBITDA improved to a loss of $4.9 million from a loss of $6.4 million in the third quarter of 2008. -- Cash and Cash Equivalents balance of $ 154.4 million at December 31, 2008. -- Customer locations backlog of 1,463 at December 31, 2008.

"The fourth quarter completed a year in which we solidified our operating platform in order to take advantage of the long-term opportunities in our industry," stated Kurt Van Wagenen, President and Chief Executive Officer of FiberTower. "We continued to make financial and operational improvements during the quarter and have significantly broadened our product portfolio which now includes high capacity services for carrier, wholesale, and government customers in addition to our traditional T1 and Ethernet backhaul solutions. In 2009, we will focus on leveraging our enhanced operating platform as we seek opportunities to drive continued revenue growth."

2008 Fourth Quarter Consolidated Results

Service revenues for the three months ended December 31, 2008 increased $0.9 million, or 7%, to $14.3 million compared to $13.4 million for the third quarter of 2008. New billing customer locations and greater penetration in existing markets drove the increase in service revenues during the fourth quarter of 2008.

FiberTower's billing sites per sites deployed increased to 89% at December 31, 2008 compared to 88% at September 30, 2008. The Company's billing customer location rate per site increased to 2.21 at December 31, 2008, compared to 2.14 at September 30, 2008, while T-1 equivalents on FiberTower's Top 500 sites increased 2% to 18.2 at December 31, 2008 from 17.8 at September 30, 2008.

Operating expenses in the fourth quarter increased by $55.7 million from the third quarter of 2008 reflecting an impairment charge to FCC Licenses of $54.5 million. The Company's cost control efforts during the fourth quarter kept sales, general and administrative expenses, and marketing costs were flat compared to the third quarter of 2008. Net loss was $62.7 million for the fourth quarter compared to a net loss of $25.7 million in the third quarter of 2008, reflecting the impairment charge to FCC licenses, and a corresponding recognition of an income tax benefit of $20.2 million. Net loss for the fourth and third quarters of 2008 also included impairment charges to property and equipment and restructuring charges totaling $2.2 million and $1.3 million respectively. The net loss per share for the fourth quarter ended December 31, 2008 was $0.43 compared to a net loss per share of $0.18 for the third quarter of 2008.

Field EBITDA on a consolidated basis was positive for all three months of the fourth quarter of 2008 and continued to grow month over month. Field EBITDA is a metric the Company utilizes to measure the operating cash flow performance of its thirteen existing markets. Field EBITDA takes into account recurring service revenue and includes all market-specific expenses including Field SG&A and site operating costs - such as fiber expenses, facilities rent and site maintenance. It does not include any corporate overhead allocations.

On an adjusted EBITDA basis, the loss in the fourth quarter of 2008 improved by 23% to $4.9 million compared to a loss of $6.4 million in the third quarter of 2008. Adjusted EBITDA is defined as net income (loss) from operations before interest, taxes, depreciation and amortization, impairment and restructuring charges, stock-based compensation and other income (expense). The reconciliation of adjusted EBITDA, which is a non-GAAP financial measure, is located at the end of this news release.

Twelve Months 2008 Consolidated Results

Service revenues for the twelve months ended December 31, 2008 increased $22.1 million, or 81%, to $49.2 million compared to $27.1 million for the corresponding period in 2007. The increase in service revenues during 2008 was driven predominantly by new billing customer locations and greater penetration in existing markets.

Operating expenses for the twelve months ended December 31, 2008 increased by $3.7 million over 2007. Operating expenses in 2008 included the impairment charge to FCC licenses of $54.5 million taken in the fourth quarter of 2008 as well as a goodwill impairment charge of $86.1 million, a restructuring charge of $6.1 million, and impairment charges to property and equipment of $16.4 million. Sales, general and administrative expenses, and marketing costs decreased by $9.2 million in the twelve months ended December 31, 2008 compared to the prior year, driven largely by a workforce reduction implemented earlier in 2008. On an annualized basis, the Company expects to achieve savings of approximately $12 million from this reduction. Operating expenses in 2007 included a goodwill impairment charge of $147.9 million and impairment charges to property and equipment of $17.6 million.

Net loss for the twelve months of 2008 was $249.8 million compared to a net loss of $272.1 million for the corresponding period in 2007. The net loss in 2008 reflects the recognition of an income tax benefit of $20.2 million associated with the impairment charge to FCC licenses. The net loss per share for the twelve months ended December 31, 2008 was $1.73 compared to a net loss per share of $1.90 for the corresponding period in 2007.

On an adjusted EBITDA basis, the loss for the twelve months ended December 31, 2008 improved by 37% to $33.6 million compared to a loss of $53.2 million for the corresponding period in 2007.

Liquidity and Capital Resources

Capital expenditures totaled $36.8 million for the year ended December 31, 2008 compared to $105.3 million for the prior year. The bulk of the capital investments made by FiberTower in the twelve months ended December 31, 2008 were used towards the continued build-out of existing markets and adding new customers to existing sites.

Consolidated cash and cash equivalents at December 31, 2008 were $154.4 million, compared to $163.6 million at September 30, 2008. In the first quarter of 2009, the Company repurchased approximately $52.3 million of par value debt at an average price of approximately $28 per $100 dollar of par value.

"Our fourth quarter results reflect the financial discipline we have exercised throughout 2008," said Thomas Scott, Chief Financial Officer of FiberTower. "We continued to grow field EBITDA and deliver meaningful improvement in adjusted EBITDA. We will maintain our diligence in 2009 while supporting the pursuit of attractive investment opportunities. "

Conference Call Details

FiberTower has scheduled a conference call for Friday, March 13, 2009 at 11:30 a.m. Eastern Time to discuss 2008 fourth quarter results. Please dial 303-262-2053 and ask for the FiberTower call at least 10 minutes prior to the start time. A telephonic replay of the call will be available through 11:59 p.m. Eastern Time on March 20th and may be accessed by dialing 303-590-3000 using the passcode 11126390#. An audio archive will also be available on FiberTower's website at http://www.fibertower.com/ shortly after the call and will be accessible for approximately ninety days.

About FiberTower

FiberTower is a backhaul and access services provider focused primarily on the wireless carrier market. With its extensive spectrum footprint in 24 GHz and 39 GHz bands, carrier-class microwave and fiber networks in 13 major markets, customer commitments from six of the leading cellular carriers, and partnerships with the largest tower operators in the U.S., FiberTower is considered to be the leading alternative carrier for wireless backhaul. FiberTower also provides backhaul and access service to government and enterprise markets. For more information, please visit our website at http://www.fibertower.com/.

Use of Non-GAAP Financial Measures

This news release uses the non-GAAP financial measure "adjusted EBITDA." Adjusted EBITDA is a financial measure used by the Company to monitor the financial performance of its operations. This measurement, together with GAAP measures such as revenue and loss from operations, assists management in its decision-making processes relating to the operation of our business. In addition, FiberTower's presentation of adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. This non-GAAP financial measure should be viewed in addition to, and not as an alternative for, the Company's reported financial results as determined in accordance with GAAP.

Forward-Looking Statements

This report includes "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission, or SEC, in its rules, regulations and releases. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These include statements regarding, among other things, our financial and business prospects, the deployment of our services, capital requirements, financing prospects, planned capital expenditures, expected cost per site, anticipated customer growth, expansion plans, expected cost savings associated with our reduction in workforce in 2008 and anticipated cash balances. There are many risks, uncertainties and other factors that can prevent the achievement of goals or cause results to differ materially from those expressed or implied by these forward-looking statements including, among other things, anticipated negative cash flows and operating losses, additional liquidity requirements, potential loss of significant customers, downturns in the wireless communication industry, regulatory costs and restrictions, potential loss of FCC licenses, equipment supply disruptions and cost increases, competition from alternative backhaul service providers and technologies, along with those risk factors described in the Company's annual reports on Form 10-K and quarterly reports on Form 10-Q, as filed with the SEC.

Investor Contact: Gus Okwu / DRG&E 404-532-0086 gokwu@drg-e.com Company Contact: Ornella Napolitano, VP and Treasurer FiberTower Corporation 415-659-3580 onapolitano@fibertower.com Key Operating Metrics 4Q07 1Q08 2Q08 3Q08 4Q08 Billing Sites: -------------- Billing Sites Added 157 199 237 146 33 Ending Billing Sites 2,148 2,347 2,584 2,730 2,763 Billing Sites / Sites Deployed 76% 81% 86% 88% 89% Average Monthly Revenue/ Site $1,337 $1,440 $1,605 $1,679 $1,732 Billing Customer Locations: ----------- Billing Customer Locations Added 599 649 779 553 264 Ending Billing Customer Locations 3,851 4,500 5,279 5,832 6,096 Colo rate 1.79 1.92 2.04 2.14 2.21 Billing T-1 Equivalents: ------------- Billing T-1 Equiv. Added 2,171 2,952 2,974 2,395 989 Ending Billing T-1 Equivalents 14,201 17,153 20,127 22,522 23,511 T-1s per Customer Location 3.69 3.81 3.81 3.86 3.86 T-1s/Billing Sites 6.61 7.31 7.79 8.25 8.51 T-1s per Site/Top 500 Sites NA 15.6 16.8 17.8 18.2 Sites Deployed: --------------- FiberTower Sites Constructed 158 98 98 87 24 Ending Sites Deployed 2,813 2,911 3,009 3,096 3,120 Backlog: -------- Customer Location Backlog* 3,511 2,300 1,463 Billing Sites are installed sites from which we provide revenue producing service(s) to customer(s). Average Monthly Revenue/Site is the average monthly revenue per billing site. Billing Customer Locations are carrier locations at which we currently provide revenue producing service(s). FiberTower sites could have multiple customer locations. Collocation Rate is the number of customer locations per billing site. Billing T1 Equivalent is either a T1 or another increment of bandwidth of approximately 1.54 megabits per second. Sites Deployed represents installed sites that are ready for the provision of services. FiberTower sites can be located on cell towers, rooftops, or other points of bandwidth aggregation. Customer Location Backlog is the number of sold customer locations not yet billing. (*Note that FiberTower reports backlog on a semi-annual basis.) FIBERTOWER CORPORATION Consolidated Statements of Operations (In thousands, except per share data) Three Months Ended Year Ended December 31, December 31, ------------------ ---------------- 2008 2007 2008 2007 ---- ---- ---- ---- (unaudited) (unaudited) (unaudited) Service revenues $14,270 $8,269 $49,227 $27,144 Operating expenses: Cost of service revenues (excluding depreciation and amortization) 15,149 15,983 63,369 54,514 Cost of service revenues - Impairment of long-lived assets and other charges 2,121 11,929 16,439 17,561 Sales and marketing 855 1,752 5,456 7,906 General and administrative 4,744 8,565 20,237 27,026 Depreciation and amortization 6,989 5,332 24,897 18,459 Restructuring charges 125 - 6,087 - Impairment of FCC licenses 54,505 - 54,505 - Impairment of goodwill - 86,486 86,093 147,893 - ------ ------ ------- Total operating expenses 84,488 130,047 277,083 273,359 ------ ------- ------- ------- Loss from operations (70,218) (121,778) (227,856) (246,215) ------- -------- -------- -------- Other income (expense): Interest income 559 3,403 5,316 18,159 Interest expense (13,436) (10,883) (47,742) (44,560) Miscellaneous income, net 216 189 264 469 --- --- --- --- Total other (expense), net (12,661) (7,291) (42,162) (25,932) ------- ------ ------- ------- Loss before income taxes (82,879) (129,069) (270,018) (272,147) Income tax benefit 20,189 - 20,189 - ------ ------ ------ ------ Net loss $(62,690) $(129,069) $(249,829) $(272,147) ======== ========= ========= ========= Basic and diluted net loss per share $(0.43) $(0.90) $(1.73) $(1.90) ====== ====== ====== ====== Weighted average number of shares used in per share amounts: Basic and diluted 145,313 143,781 144,622 143,049 ======= ======= ======= ======= FIBERTOWER CORPORATION Consolidated Balance Sheets (In thousands, except par value) ------------------------------------ December 31, 2008 December 31, 2007 ----------------- ----------------- (unaudited) Assets: Current assets: Cash and cash equivalents $154,357 $223,330 Certificates of deposit - 5,000 Restricted cash and investments, current portion 343 35,757 Accounts receivable, net of allowances of $37 and $151 at December 31, 2008 and 2007, respectively 6,652 3,684 Prepaid expenses and other current assets 2,502 1,840 ----- ----- Total current assets 163,854 269,611 Restricted cash and investments 134 1,222 Property and equipment, net 236,585 240,799 FCC licenses 287,495 342,000 Goodwill - 86,093 Debt issuance costs, net 9,599 11,855 Intangible and other long-term assets, net 3,802 3,975 ----- ----- Total assets $701,469 $955,555 ======== ======== Liabilities and Stockholders' Equity: Current liabilities: Accounts payable $3,826 $13,672 Accrued compensation and related benefits 2,052 3,369 Accrued interest payable 4,628 4,629 Other accrued liabilities 1,984 3,555 Current portion of accrued restructuring costs 1,342 - ----- - Total current liabilities 13,832 25,225 Other liabilities 1,419 487 Deferred rent 6,175 4,223 Asset retirement obligations 4,048 3,311 Long-term accrued restructuring costs, net of current portion 2,436 - Convertible senior secured notes 430,317 415,778 Deferred tax liability 73,372 93,561 ------ ------ Total liabilities 531,599 542,585 Commitments and contingencies Stockholders' equity: Common stock, $0.001 par value; 400,000 shares authorized, 150,520 and 146,242 shares issued and outstanding at December 31, 2008 and 2007, respectively 151 146 Additional paid-in capital 794,095 787,371 Accumulated deficit (624,376) (374,547) -------- -------- Total stockholders' equity 169,870 412,970 ------- ------- Total liabilities and stockholders' equity $701,469 $955,555 ======== ======== FIBERTOWER CORPORATION Consolidated Statements of Cash Flows (In thousands) Year Ended December 31, ---------------------- 2008 2007 ----------- ---------- (unaudited) Operating activities Net loss $(249,829) $(272,147) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 24,897 18,459 Decline in value of embedded derivative - (634) Accretion of convertible notes 14,539 12,653 Accretion of investments in debt securities (917) (1,791) Accretion of asset retirement obligations 440 327 Amortization of debt issuance costs 2,256 2,154 Stock-based compensation 6,274 9,150 Loss on disposal of equipment 68 746 Impairment of long-lived assets and other charges 16,439 17,561 Restructuring charges 4,046 - Impairment of FCC licenses 54,505 - Impairment of goodwill 86,093 147,893 Income tax benefit (20,189) - Net changes in operating assets and liabilities (excluding impact of business acquisition): Accounts receivable, net (2,968) (780) Prepaid expenses and other current assets (662) 784 Other long-term assets (127) (284) Accounts payable (9,846) (4,367) Accrued compensation and related benefits (1,317) (877) Accrued interest payable (1) (704) Other accrued liabilities and deferred rent 1,342 2,933 ----- ----- Net cash used in operating activities (74,957) (68,924) Investing activities Cash and cash equivalents acquired in merger, net of merger- related costs - - Purchases of short-term investments - (75,603) Maturities of short-term investments - 91,191 Purchases of certificates of deposit - - Maturities of certificates of deposit 5,000 - Maturities of restricted cash and investments 37,419 35,000 Purchase of restricted securities - - Purchase of property and equipment (36,795) (105,277) ------- -------- Net cash used in investing activities 5,624 (54,689) Financing activities Proceeds from issuance of convertible notes, net - - Proceeds from exercise of stock options 360 1,769 Repayment of notes receivable from stockholders - - - - Cash provided by financing activities 360 1,769 --- ----- Net increase (decrease) in cash and cash equivalents (68,973) (121,844) Cash and cash equivalents at beginning of year 223,330 345,174 ------- ------- Cash and cash equivalents at end of year $154,357 $223,330 ======== ======== Supplemental Disclosures Cash paid for interest $36,241 $36,872 ======= ======= Noncash investing and financing activities: Fair value of First Avenue Networks' common stock at date of merger $- $- == == Fair value of First Avenue Networks' common stock options and warrants assumed at date of merger $- $- == == Conversion of convertible preferred stock to common stock $- $- == == Reconciliation of Non-GAAP Financial Measures:

This news release includes the use of adjusted EBITDA, which is a non-GAAP financial measure management uses to monitor the financial performance of the Company. This measurement, together with GAAP measures such as revenue and loss from operations, assists management in its decision-making processes relating to the operation of the Company's business. Adjusted EBITDA is defined as net income (loss) from operations before interest, taxes, depreciation and amortization, impairment and restructuring charges, stock-based compensation and other income (expense). Adjusted EBITDA is not a substitute for operating income, net income (loss), or cash flow used in operating activities as determined in accordance with GAAP, as a measure of performance or liquidity. In addition, the Company's presentation of adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. This non-GAAP financial measure should be viewed in addition to, and not as an alternative for, the Company's reported financial results as determined in accordance with GAAP. The following table shows the calculation of the Company's total adjusted EBITDA reconciled to net loss.

Three months Three months Three months ended ended ended 12/31/08 9/30/08 12/31/07 Net loss $(62,690) $(25,675) $(129,069) Depreciation & amortization 6,989 6,090 5,332 Stock-based compensation 1,548 1,590 2,814 Interest income (559) (1,083) (3,403) Interest expense 13,436 11,397 10,975 Impairment of goodwill - - 86,486 Impairment of long-lived assets and other charges 2,121 885 11,929 Impairment of FCC licenses 54,505 - - Restructuring charges 125 438 - Miscellaneous (income) , net (216) (38) (189) Income tax benefit (20,189) - - Adjusted EBITDA $(4,930) $(6,396) $(15,125) Twelve months Twelve months ended ended 12/31/08 12/31/07 Net loss $(249,829) $(272,147) Depreciation & amortization 24,897 18,459 Stock-based compensation 6,274 9,150 Interest income (5,316) (18,159) Interest expense 47,742 44,560 Impairment of goodwill 86,093 147,893 Impairment of long-lived assets and other charges 16,439 17,561 Impairment of FCC licenses 54,505 - Restructuring charges 6,087 - Miscellaneous (income), net (264) (469) Income tax benefit (20,189) - Adjusted EBITDA $(33,561) $(53,152)

FiberTower Corporation

CONTACT: Investors, Gus Okwu of DRG&E, +1-404-532-0086, gokwu@drg-e.com,
for FiberTower Corporation; or Ornella Napolitano, VP and Treasurer of
FiberTower Corporation, +1-415-659-3580, onapolitano@fibertower.com

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

Lexmark to Host Securities Analyst Meeting March 26 at NYSE

LEXINGTON, Ky., March 12 /PRNewswire-FirstCall/ -- Lexmark International, Inc. will conduct a briefing for securities analysts and investors on Thursday, March 26, at the New York Stock Exchange.

Product and solutions demonstrations will begin at 9 a.m. (EDT). Executive presentations will begin at 10 a.m. and conclude at approximately 12:30 p.m. The presentations will be accessible live and as a replay via Lexmark's investor relations Web site at http://investor.lexmark.com/.

Featured presenters will include: -- Paul Curlander, Lexmark chairman and chief executive officer; -- John Gamble, Lexmark executive vice president and chief financial officer; -- Paul Rooke, Lexmark executive vice president and president of its Imaging Solutions Division; and, -- Marty Canning, Lexmark vice president and president of its Printing Solutions and Services Division About Lexmark

Lexmark International, Inc. provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2008, Lexmark reported $4.5 billion in revenue. Learn how Lexmark can help you get more done at http://www.lexmark.com/.

Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.

Lexmark International, Inc.

CONTACT: Investor Contact: John Morgan, +1-859-232-5568,
jmorgan@lexmark.com, or Media Contact: Jerry Grasso, +1-859-232-3546,
ggrasso@lexmark.com

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

Air2Web Leverages NeuStar's Wireless Message Routing Service for Quick and Accurate Routing

STERLING, Va., March 12 /PRNewswire-FirstCall/ -- NeuStar, Inc. today announced that Air2Web, a leading mobile marketing and integrated mobile technology company, has extended its contract for NeuStar's Wireless Message Routing Service (WMRS) based on the value, quality and accuracy NeuStar provides.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO )

NeuStar's WMRS enables query-based access for real-time routing of multimedia (MMS) and SMS traffic. Specifically, whenever an Air2Web subscriber attempts to send an MMS or SMS, the Air2Web platform queries NeuStar's WMRS database and identifies the correct destination for the message to ensure successful delivery and realize cost efficiencies.

"Air2Web utilizes NeuStar's WMRS in its day-to-day operations to successfully identify appropriate carrier information in order to route messages appropriately," said Curtis Rapp, Vice President of Sales and Marketing for Air2Web. "Air2Web's business is built on the ability to deliver messages successfully to carriers, and having NeuStar provide us with the appropriate carrier is critical to us achieving this goal."

The WMRS is an IP addressing service that enables the real-time routing of SMS and MMS wireless messages among mobile operators, content providers, aggregators, and other entities that enable the routing and billing of wireless messaging. Available since 2003, NeuStar's WMRS service currently provides routing information for hundreds of millions of MMS and SMS messages per month.

"With WMRS, NeuStar has proven its ability to deliver value," added Mike Misheff, Vice President of Converged Addressing at NeuStar. "We are proud to be able to continue our relationship with Air2Web. We will continue to harness the power and efficiency of advanced IP Addressing protocols, helping our customers deliver the desirable MMS and SMS multimedia services their customers demand."

About NeuStar

NeuStar provides market-leading and innovative services that enable trusted communication across networks, applications, and enterprises around the world. For more information, visit http://www.neustar.biz/.

About Air2Web, Inc.

Launched in 1999, Air2Web helps the world's biggest and best companies harness the power of mobile to connect with their customers. Over the past 10 years, Air2Web has launched thousands of mobile marketing campaigns and offers companies the tools and technology to promote products and brands, improve the efficiency of customer service, and enable mobile transactions anytime, anywhere. Air2Web is the trusted mobile resource for some of the largest, most influential brands in the world, including AT&T, The WeatherChannel, Starbucks, UPS and many more. For more information on Air2Web, visit http://www.air2web.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NeuStar, Inc.

CONTACT: John Schneidawind of NeuStar, Inc., +1-571-434-5596,
john.schneidawind@NeuStar.biz

Web Site: http://www.neustar.biz/

Careers & the disAbled Magazine Names Verizon's Thomas Boudrow Employee of the YearBoudrow Recognized for Advocacy and Community Outreach Efforts on Behalf of People With Disabilities

NEW YORK, March 12 /PRNewswire/ -- Verizon's Thomas Boudrow, a tireless advocate for people with disabilities, particularly those who are deaf or hard of hearing, has been named an employee of the year by Careers & the disAbled magazine.

An outreach manager at the Verizon Center for Customers with Disabilities, in Marlboro, Mass., Boudrow was selected for his outstanding accomplishments, including his advocacy efforts to identify and develop the talents of people with disabilities, and for his outreach within the community.

"Tom has long been an advocate for the disabled community, but what makes him stand out is how he uses Verizon's technology to enable customers while creating employment opportunities," said Pedro Correa, vice president of multilingual consumer and business sales. "We're honored to have Tom on our team and fortunate to have his support in improving the quality of life for so many of our customers."

Boudrow played a key role in establishing a special Verizon customer service for deaf or hard-of-hearing customers who use American Sign Language (ASL), enabling them to communicate directly -- via a videophone and a high-speed Internet connection -- with Verizon customer service representatives who are proficient in ASL. The service, which began in 2007, has proved to be popular with customers for whom ASL is their primary language.

Prior to joining Verizon in 2004, Boudrow served as executive director of the Massachusetts State Association of the Deaf. He serves on the board of a Verizon employee resource group, Disabilities Issues Awareness Leaders (DIAL), which influences product design, work environment, employment opportunities and other issues at Verizon. Boudrow also serves as chairman of the board for the New England Homes for the Deaf, and is a member of the Massachusetts Commission for the Blind Advisory Committee.

Boudrow, a resident of Peabody, Mass., graduated with honors from Northern Essex Community College. He is one of 10 individuals who will be honored as employees of the year at the Careers & the disAbled magazine's 17th annual awards dinner on April 2 at the Boston Marriott.

Accessibility and Universal Design at Verizon

To make Verizon's technology accessible to the community of people with physical and cognitive limitations, the company became the first telecommunications company to adopt a set of Universal Design Principles nearly 20 years ago. They are now an integral part of the product design process throughout Verizon.

Examples include: -- Products with Braille. -- Phones with large buttons and buttons with photos to help those with cognitive difficulties. -- Phones operated by remote control for people with physical disabilities. -- Nationwide messaging and calling plans for seniors and hard-of-hearing customers. -- Videos in American Sign Language to promote wireless devices and calling plans. -- Expanded videophone services to reach more hard-of-hearing customers in the New England, New York and Potomac regions. -- Next Generation Senior Phone (Knack).

People with disabilities are the largest minority in America. Along with disability, age is becoming an increasingly important factor in the adoption and accessibility of technology. As a result, Verizon is committed to making technology more accessible.

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 80 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 224,000 and last year generated consolidated operating revenues of more than $97 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Philip Santoro, +1-617-743-4760, philip.g.santoro@verizon.com,
or Alberto Canal, +1-908-559-6367, alberto.c.canal@verizon.com

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

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

Advanced Energy Announces Workforce Reduction

FORT COLLINS, Colo., March 12 /PRNewswire-FirstCall/ -- Advanced Energy Industries, Inc. announced today a reduction in workforce and other cost reductions, as we indicated on our fourth quarter 2008 earnings call. In response to the deteriorating economic conditions and weakening demand from the company's end markets, the company is reducing its global workforce by approximately 330 people or 22% of total headcount across all functional areas and geographies and lowering the salaries of management and executive officers by an additional 5%, totaling 15% overall, effective April 1, 2009. "While we were hopeful that conditions would begin to stabilize, the markets we serve have nonetheless continued to deteriorate," said Dr. Hans Betz, president and chief executive officer. "This has led us to take additional cost reduction measures in order to streamline our operations, and enable us to continue to focus on key market opportunities."

These cost reductions are expected to reduce salary costs by approximately $8.2 million annually. Today's measures along with other discretionary spending reductions, will result in approximately $21 million of savings over the next three quarters, and will lower the company's breakeven point to $55 million by the end of the second quarter of 2009. Total restructuring charges, including those from cost reductions announced in December, will be approximately $3.8 million in the first quarter of 2009 and approximately $800,000 in the second quarter of 2009.

About Advanced Energy

Advanced Energy is a global leader in innovative power and control technologies for high-growth, thin-film manufacturing and solar power generation. Specifically, AE targets solar grid-tie inverters, solar cells, semiconductors, flat panel displays, data storage products, architectural glass and other advanced applications.

Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to: the volatility and cyclicality of the industries the company serves, particularly the semiconductor industry, the timing of orders received from customers, the company's ability to realize cost improvement benefits from the global operations initiatives underway, and unanticipated changes to management's estimates, reserves or allowances. These and other risks are described in Advanced Energy's Form 10-K, Forms 10-Q and other reports and statements filed with the Securities and Exchange Commission. These reports and statements are available on the SEC's website at http://www.sec.gov/. Copies may also be obtained from Advanced Energy's website at http://www.advanced-energy.com/ or by contacting Advanced Energy's investor relations at 970-407-6555. Forward-looking statements are made and based on information available to the company on the date of this press release. The company assumes no obligation to update the information in this press release.

Photo: http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Advanced Energy Industries, Inc.

CONTACT: Lawrence D. Firestone, +1-970-407-6570,
lawrence.firestone@aei.com, or Annie Leschin, or Vanessa Lehr,
+1-970-407-6555, ir@aei.com, all of Advanced Energy Industries, Inc.

Web Site: http://www.advanced-energy.com/

DemandTec Announces Date of Fourth Quarter and Full Fiscal Year 2009 Financial Results Release and Conference Call

SAN CARLOS, Calif., March 12 /PRNewswire-FirstCall/ -- DemandTec, Inc. , a leading provider of on-demand optimization solutions for retailers and consumer products manufacturers, today announced that it plans to report its financial results for its fourth quarter and full fiscal year 2009, which ended February 28, 2009, after the U.S. financial markets close on Thursday, April 2, 2009. The company will host a public conference call and live webcast to discuss its financial results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that same day.

The listen-only webcast can be accessed from the Investor Relations page of the company's website at http://investor.demandtec.com/. Those interested in participating in the call should dial 800-218-4007. A replay of the conference call will be available by calling 303-590-3000 or 800-405-2236 using passcode 11128111 starting at approximately 8:00 p.m. ET on Thursday, April 2, 2009 and ending on Thursday, April 16, 2009. In addition, an archived webcast will be available on the Investor Relations page of the company's website at http://investor.demandtec.com/.

About DemandTec

DemandTec enables retailers and consumer products companies to optimize merchandising and marketing decisions, individually or collaboratively, to achieve their sales volume, revenue, and profitability objectives. DemandTec software services utilize DemandTec's science-based software platform to model and understand consumer behavior. DemandTec customers include more than 165 leading retail and consumer products manufacturers such as Advance Auto Parts, Best Buy, Circle K Stores, ConAgra Foods, Delhaize America, Dr Pepper Snapple Group, General Mills, Giant-Carlisle, H-E-B Grocery Co., Hormel Foods, Monoprix, Safeway and Sara Lee. Connected via the DemandTec TradePoint Network(TM), DemandTec customers have collaborated online on more than 2 million trade deals. For more information, please visit http://www.demandtec.com/.

Media Contact: Cassandra Moren, DemandTec, Inc. (650) 226-4690 cassandra.moren@demandtec.com Investor Contact: Tim Shanahan, DemandTec, Inc. (650) 226-4603 tim.shanahan@demandtec.com

DemandTec and the DemandTec logo are registered trademarks of DemandTec, Inc. All other trademarks are the property of their respective owners.

DemandTec, Inc.

CONTACT: Media, Cassandra Moren, +1-650-226-4690,
cassandra.moren@demandtec.com, or Investors, Tim Shanahan, +1-650-226-4603,
tim.shanahan@demandtec.com, both of DemandTec, Inc.

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

Herley Reports 2nd Quarter FY09 Financial ResultsCONFERENCE CALL SCHEDULED FOR FRIDAY, MARCH 13, 2009Q2 Net Sales Increased 24% to approximately $40 MillionQ2 Diluted Earnings Per Common Share from continuing operations was $0.16Current Backlog a Record $177.8 Million

LANCASTER, Pa., March 12 /PRNewswire-FirstCall/ -- Herley Industries, Inc. today reported financial results for the second quarter ended February 1, 2009.

Net sales from continuing operations for the thirteen weeks ended February 1, 2009 were $40.0 million, up 24% as compared to $32.2 million in the first quarter of fiscal year 2008. Income from continuing operations for the thirteen weeks ended February 1, 2009, was approximately $2.2 million, or $0.16 per diluted share. This compares to a net loss of ($2.5) million or ($0.19) per diluted share for the second quarter of fiscal 2008.

For the 26 weeks ended February 1, 2009 net sales were $75.3 million, a 16% increase over the first half of fiscal year 2008. Income from continuing operations was $1.3 million, or $0.09 per diluted share. This compares to a net loss of ($4.8) million or ($0.35) per diluted share for the first half of fiscal 2008.

Myron Levy, Herley Chairman and CEO, commented, "We have regained momentum after the first quarter's disappointing results, and are back on track for a solid fiscal year. The Company has a record backlog of approximately $178 million, and strong bookings already in the third quarter. I am especially pleased to see that Eyal is now a significant contributor to the Company's revenues and profitability."

Mr. Levy will host a conference call on March 13, 2009 at 9:00 a.m. Eastern time to discuss the financial results for the Second Quarter ending February 1, 2009. To join the conference call dial 1 (888) 425-4188, referencing Conference ID# 88685927.

A taped replay of the call will be available on March 13, 2009 at 11:00 a.m. through March 20, 2009 at 11:59 p.m. Eastern time. To listen to the replay dial: 1 (800) 642-1687 (U.S.) or 1 (706) 645-9291 (International), and Conference ID# 88685927.

In addition, the conference call will be broadcast live over the Internet and can be accessed through the following URL: http://www.videonewswire.com/event.asp?id=56608. To listen to the live call on the Internet, go to the web site at least 15 minutes early to register, download and install any necessary audio software.

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

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

For information at Herley contact: Peg Guzzetti Tel: (717) 735-8117 Investor Relations http://www.herley.com/ HERLEY INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) February 1, 2009 August 3, (Unaudited) 2008 ----------- ---------- ASSETS Current Assets: Cash and cash equivalents $11,922 $14,347 Trade accounts receivable, net 26,146 27,003 Income Taxes Receivable 2,346 2,056 Costs incurred and income recognized in excess of billings on uncompleted contracts and claims 14,712 19,490 Other receivables 2,227 1,286 Inventories, net 64,638 61,559 Deferred income taxes 17,151 11,263 Other current assets 1,827 1,276 ------- ------- Total Current Assets 140,969 138,280 Property, Plant and Equipment, net 33,533 30,552 Goodwill 85,456 73,900 Intangibles, net of accumulated amortization of $5,793 at February 1, 2009 and $7,505 at August 3, 2008 12,888 16,145 Other Assets 994 541 ------- ------- Total Assets $273,840 $259,418 ======== ======== LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Current portion of long-term debt $2,113 $1,394 Current portion of employment settlement agreement - (net of imputed interest of $105 at February 1, 2009 and $138 at August 3, 2008) 1,152 1,119 Current portion of litigation settlement - (net of imputed interest of $12 at February 1, 2009 and $46 at August 3, 2008) 988 954 Accounts payable and accrued expenses 21,329 27,546 Billings in excess of costs incurred and income recognized on uncompleted contracts 53 613 Income taxes payable - 43 Accrual for contract losses 3,357 2,994 Accrual for warranty costs 1,035 1,142 Advance payments on contracts 13,266 8,120 ------- ------- Total Current Liabilities 43,293 43,925 Long-term Debt 17,909 7,092 Long-term Portion of Employment Settlement Agreement - (net of imputed interest of $294 at February 1, 2009 and $387 at August 3, 2008) 2,506 3,074 Long-term Portion of litigation settlement - (net of imputed interest of $78 at February 1, 2009 and $108 at August 3, 2008) 922 892 Other Long-term Liabilities 1,972 1,652 Deferred Income Taxes 14,235 8,839 Accrued Income Taxes Payable 516 509 ------- ------- Total Liabilities 81,353 65,983 ------- ------- Commitments and Contingencies Shareholders' Equity: Common stock, $.10 par value; authorized 20,000,000 shares; issued and outstanding 13,559,427 at February 1, 2009, and 13,521,902 at August 3, 2008 1,356 1,352 Additional paid-in capital 102,066 101,403 Retained earnings 89,872 89,058 Accumulated other comprehensive (loss) income (807) 1,622 ------- ------- Total Shareholders' Equity 192,487 193,435 ------- ------- Total Liabilities and Shareholders' Equity $273,840 $259,418 ======== ======== HERLEY INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (In thousands except per share data) Thirteen Fourteen Twenty-six Twenty-seven weeks ended weeks ended weeks ended weeks ended February 1, February 3, February 1, February 3, 2009 2008 2009 2008 ----------- ---------- ---------- ---------- Net sales $39,974 $32,167 $75,318 $64,705 ------- ------- ------- ------- Cost and expenses: Cost of products sold 30,303 26,726 59,044 49,952 Selling and administrative expenses 7,047 7,363 14,370 14,438 Net loss (gain) on sale of assets 45 - (573) - Litigation costs - 585 558 1,098 Litigation settlement - - - 6,042 ------ ------- ------- ------- 37,395 34,674 73,399 71,530 Operating income (loss) 2,579 (2,507) 1,919 (6,825) ------ ------- ------- ------- Other (expense) income: Investment income 18 374 36 791 Interest expense (476) (238) (699) (263) Foreign exchange transactions losses (30) (194) (390) (48) ------ ------- ------- ------- (488) (58) (1,053) 480 ------ ------- ------- ------- Income (loss) from continuing operations before income taxes 2,091 (2,565) 866 (6,345) Income taxes benefit (62) (23) (404) (1,574) ------ ------- ------- ------- Income (loss) from continuing operations $2,153 $(2,542) $1,270 $(4,771) ------ ------- ------- ------- Discontinued operations (Note 3): Loss from operations of discontinued subsidiary - (1,593) (734) (2,132) Income taxes benefit - (295) (278) (472) ------ ------- ------- ------- Loss from discontinued operations - (1,298) (456) (1,660) ------ ------- ------- ------- Net income (loss) $2,153 $(3,840) $814 $(6,431) ====== ======= ======= ======= Earnings (loss) per common share - Basic Income (loss) from continuing operations $.16 $(.19) $.09 $(.35) Loss from discontinued operations - (.09) (.03) (.12) ------ ------- ------- ------- Net income (loss) - basic $.16 $(.28) $.06 $(.47) ====== ======= ======= ======= Basic weighted average shares 13,550 13,617 13,537 13,791 ====== ======= ======= ======= Loss per common share - Diluted Income (loss) from continuing operations $.16 $(.19) $.09 $(.35) Loss from discontinued operations - (.09) (.03) (.12) ------ ------- ------- ------- Net income (loss) - diluted $.16 $(.28) $.06 $(.47) ====== ======= ======= ======= Diluted weighted average shares 13,746 13,617 13,949 13,791 ====== ======= ======= ======= HERLEY INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (In thousands) Twenty-six Twenty-seven weeks ended weeks ended February 1, February 3, 2009 2008 ---------- ------------ Cash flows from operating activities: Net income (loss) $814 $(6,431) ------ ------- Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 4,161 3,718 (Gain) loss on sale of fixed assets (573) 8 Loss from goodwill impairment of discontinued subsidiary 1,000 - Stock-based compensation costs 293 513 Excess tax benefit from exercises of stock options (61) (47) Litigation settlement costs - 5,942 Imputed interest 190 226 Foreign exchange transaction losses (gains) - 48 Inventory valuation reserve charges 723 859 Reduction in accrual for contract losses - (826) Warranty reserve charges 817 566 Deferred tax benefit (474) (2,391) Changes in operating assets and liabilities Cash of discontinued subsidiary (712) - Trade accounts receivable (1,062) 8,638 Income taxes receivable (290) - Costs incurred and income recognized in excess of billings on uncompleted contracts and claims 3,620 (4,331) Other receivables (28) (95) Inventories (3,143) (3,914) Other current assets (622) (809) Accounts payable and accrued expenses (5,543) 1,042 Billings in excess of costs incurred and income recognized on uncompleted contracts 109 765 Income taxes payable 18 113 Accrual for contract losses (92) 452 Employment settlement payments (661) (705) Litigation settlement payments - (2,500) Advance payments on contracts 5,381 (209) Other, net (450) (462) ------ ------- Total adjustments 2,601 6,601 ------ ------- Net cash provided by operating activities 3,415 170 ------ ------- Cash flows from investing activities: Acquisition of business, net of cash acquired of $417 (30,010) - Proceeds from sale of discontinued subsidiary 15,000 - Capital expenditures (2,622) (2,886) ------ ------- Net cash used in investing activities (17,632) (2,886) ------ ------- Cash flows from financing activities: Borrowings under bank line of credit 24,000 9,400 Borrowings - other 10,000 - Proceeds from exercise of stock options 313 170 Excess tax benefit from exercises of stock options 61 47 Payments of long-term debt (1,010) (733) Payments under bank line of credit (21,500) (9,400) Purchase of treasury stock - (7,138) ------ ------- Net cash provided by (used in) financing activities 11,864 (7,654) ------ ------- Effect of exchange rate changes on cash (72) (3) ------ ------- Net (decrease) in cash and cash equivalents (2,425) (10,373) Cash and cash equivalents at beginning of period 14,347 35,181 ------ ------- Cash and cash equivalents at end of period $11,922 $24,808 ======= =======

Video: http://www.videonewswire.com/event.asp?id=56608 Herley Industries, Inc.

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

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

Ezenia! Inc. Announces 2008 Fourth Quarter and Annual Financial Results

NASHUA, N.H., March 12 /PRNewswire-FirstCall/ -- Ezenia! Inc. (OTC Bulletin Board: EZEN), a leading market provider of real-time collaboration solutions for corporate and government networks, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2008.

For the fourth quarter of 2008, the Company generated revenue of approximately $1.4 million, a 22.2% decrease from approximately $1.8 million for the fourth quarter of 2007. The quarterly loss from operations was approximately ($872,000) or ($0.06) per share, as compared to approximately ($1.6) million in quarterly losses from operations, or ($0.11) per share, a year ago. Operating expenses declined to approximately $1.7 million from approximately $2.6 million for 2007, due to reduced headcount, the closing of the Colorado facility, and reduced legal and professional charges. Net quarterly loss was approximately ($884,000) or ($0.06) per share, as compared to a net loss of approximately ($2.2) million, or ($0.15) per share, a year ago, which included an income tax expense of $711,000 related to an increase in the valuation allowance for deferred tax assets recorded in prior years.

For the year ended December 31, 2008, revenue was approximately $6.7 million, a 25.6% decrease from approximately $9.0 million for the year ended December 31, 2007. The reported loss from operations in 2008 was approximately ($3.1) million or ($0.21) per share, as compared to loss from operations in 2007 of approximately ($4.4) million, or ($0.30) per share, which included a $1.4 million charge to reserve for an excess third party license purchase commitment. For 2008, the net annual loss was approximately ($3.1) million, or ($0.21) per share, compared to a net annual loss in 2007 of approximately ($4.5) million, or ($0.31) per share. Cash and cash equivalents at year end 2008 were approximately $6.8 million, a $2.6 million decrease from year end 2007. Operating expenses declined to approximately $7.2 million from approximately $8.1 million for 2007, due to reduced headcount, the closing of the Colorado facility, and reduced legal and professional charges.

Management expects market conditions to remain uncertain into 2009; however, the recent reorganization and subsequent changes in the sales organization will increase the Company's focus on the Department of Defense and intelligence agency opportunities while it continues its objective to diversify into the commercial sector. In addition, we continue to work closely with our strategic resellers and system integrators to ensure we are well positioned for upcoming opportunities. "Consolidation activities made during the course of 2008 will benefit Ezenia this year in terms of expense control," noted Khoa Nguyen, Ezenia's Chairman and Chief Executive Officer. "Our primary objective is to return to profitability by growing the top line and continuing vigilance on expense control," concluded Mr. Nguyen.

About Ezenia! Inc.

Ezenia! Inc. (BULLETIN BOARD: EZEN) , founded in 1991, is a leading provider of real-time collaboration solutions, bringing new and valuable levels of interaction and collaboration to corporate networks and eGovernment. By integrating voice, video and data collaboration, the Company's award-winning products enable groups to interact through a natural meeting experience regardless of geographic distance. Ezenia! products allow dispersed groups to work together in real-time using powerful capabilities such as instant messaging, white boarding, screen sharing and text chat. The ability to discuss projects, share information, and modify documents allows users to significantly improve team communication and accelerate the decision-making process. More information about Ezenia! Inc. and its product and service offerings can be found at the Company's Web site, http://www.ezenia.com/.

Note to Investors Regarding Forward-Looking Statements

Statements included herein that are not historical facts may be considered forward-looking statements. You can identify these forward-looking statements by use of the words "expects," "anticipates," "estimates," "believes," "projects," "intends," "plans," "will," "may," and similar words. Such forward-looking statements which include statements regarding the Company's business and financial outlook, product development, sales and marketing efforts, and long-term strategy involve risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements. These risks and uncertainties include the considerations that are discussed in the Company' Annual Report on Form 10-K for the year ended December 31, 2008, such as the evolution of Ezenia!'s market, dependence on the United States government as its largest customer and on other major customers, continued funding of defense programs by the United States government and the timing of such funding, uncertainty associated with the on-going bidding activities, rapid technological change and competition within the collaborative software market, its reliance on third-party technology, protection of its propriety technology, acceptance of IWS in the commercial market, retention of key employees, stock price volatility, customer acceptance of IWS and other new products, its history of liquidity concerns and operating losses, and other considerations that are discussed further in such report. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to update forward-looking statements after the date of such statements.

Note: Ezenia! is a registered trademark of Ezenia! Inc., and the Ezenia! Logo and InfoWorkSpace are trademarks of Ezenia! Inc. Additional information on Ezenia! and its products is available at http://www.ezenia.com/.

EZENIA! INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) December 31, 2008 2007 Assets Current assets Cash and cash equivalents $6,774 $9,395 Accounts receivable, less allowances of $28 at December 31, 2008 and $413 at December 31, 2007 771 2,479 Prepaid software licenses 1,125 1,417 Prepaid expenses and other current assets 186 292 Total current assets 8,856 13,583 Deposits 15 15 Prepaid licenses, net of current portion - 169 Capitalized software, net - 18 Equipment and improvements, net 243 380 Total assets $9,114 $14,165 Liabilities and stockholders' equity Current liabilities Accounts payable $257 $497 Accrued expenses 1,674 1,885 Employee compensation and benefits 150 266 Accrued restructuring charges 287 215 Deferred revenue 1,326 3,512 Total current liabilities 3,694 6,375 Deferred revenue, net of current portion - 17 Commitments and contingencies (Note 5) Stockholders' equity: Preferred stock, $.01 par value; 2,000,000 shares authorized; none issued and outstanding - - Common stock, $.01 par value; 40,000,000 shares authorized; 15,417,754 issued and 14,658,217 outstanding in 2008; 15,360,629 issued and 14,601,092 outstanding in 2007 154 154 Capital in excess of par value 65,586 64,870 Accumulated deficit (57,375) (54,306) Treasury stock; 759,537 shares at cost in 2008 and 2007 (2,945) (2,945) 5,420 7,773 Total liabilities and stockholders' equity $9,114 $14,165 EZENIA! INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except for share and per share related data) (Unaudited) For the Three Months For the Twelve Months Ended December 31, Ended December 31, 2008 2007 2008 2007 Revenues Product and service revenue $1,390 $1,819 $6,683 $8,988 Cost of revenues Cost of product and service revenue 542 824 2,575 5,315 Gross profit 848 995 4,108 3,673 Operating expenses Research and development 486 681 2,084 2,361 Sales and marketing 366 582 2,024 2,021 General and administrative 660 897 2,408 2,802 Depreciation 17 59 182 191 Occupancy and other facilities related expenses 73 139 317 493 Restructuring charge 118 215 219 215 Total operating expenses 1,720 2,573 7,234 8,083 Loss from operations (872) (1,579) (3,126) (4,410) Other income (expense) Interest income 26 91 155 545 Other income (expense) (38) (2) (98) 29 (12) 89 57 574 Loss before income taxes (884) (1,490) (3,069) (3,836) Provision for income taxes - (711) - (711) Net loss $(884) $(2,201) $(3,069) $(4,547) Basic and diluted net earnings (loss) per share: Basic $(0.06) $(0.15) $(0.21) $(0.31) Diluted $(0.06) $(0.15) $(0.21) $(0.31) Contact: Kevin M. Hackett Ezenia! Inc. Investor Relations investorrelations@ezenia.com

Ezenia! Inc.

CONTACT: Kevin M. Hackett of Ezenia! Inc., Investor Relations,
+1-603-589-7600, investorrelations@ezenia.com

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

Solera Holdings, Inc. Announces Dudley W. Mendenhall to Become Chief Financial OfficerAnticipated start date on or about March 30, 2009

SAN DIEGO, March 12 /PRNewswire-FirstCall/ -- Solera Holdings, Inc. , the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has hired Dudley W. Mendenhall to become its Chief Financial Officer, effective on or about March 30, 2009. Since August 2007, Mr. Mendenhall has been the Chief Financial Officer of Websense, Inc. , a global leader in integrated Web, data and email security solutions located in San Diego, California. Prior to his role at Websense, Inc., Mr. Mendenhall was Senior Vice President and Chief Financial Officer of K2, Inc., a publicly-traded, international sporting equipment manufacturer that was acquired by Jarden Corporation in August 2007. Mr. Mendenhall's prior experience includes serving as Managing Director of the Corporate Finance Group at Ernst & Young Corporate Finance LLC and Managing Director & Group Head of the Entertainment & Media Group at Banc of America Securities.

Tony Aquila, Solera's President and Chief Executive Officer, said Mr. Mendenhall's background will be an asset in contributing to Solera's continued success in improving margins through higher efficiencies and waste-reduction efforts. "Dudley's 25 plus years of operations finance experience with large domestic and international companies across a number of different industries will be a big plus for us as we move into the next strategic phase of our evolution. Dudley's financial, operational, investor relations and corporate finance experience will be invaluable," Mr. Aquila said. "We are thrilled to have him on our executive team."

"I'm excited to join a company with this much potential for growth," Mr. Mendenhall said. "I look forward to contributing to the continued success of Solera."

Jack Pearlstein, Solera's current Chief Financial Officer, will step down from his role upon Mr. Mendenhall's appointment, but will remain with Solera in a consulting role to assist with the transition through the completion of Solera's current fiscal year, and on an as needed basis thereafter. "On behalf of Solera, I would like to thank Jack for his critical contributions to our team in getting us to this successful stage," said Mr. Aquila. "We wish him well in his retirement."

About Solera

Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 50 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, Hollander serving the North American recycling market, and IMS providing medical review services. For more information, please refer to the company's website at http://www.solerainc.com/.

Solera Holdings, Inc.

CONTACT: Kamal Hamid, Director of Investor Relations of Solera Holdings,
Inc., +1-858-946-1676, kamal.hamid@audatex.com

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

Autodesk Settles German Copyright Infringement CaseInfringer Must Pay Damages and Cease Production and Distribution

SAN RAFAEL, Calif., March 12 /PRNewswire-FirstCall/ -- The Munich Regional Court in Germany approved an agreement that settles a lawsuit initiated by Autodesk, Inc. against Torsten Moses for copyright infringement of its flagship product, AutoCAD. It is now established that Moses' LT Extender application, which interacts with and modifies AutoCAD LT, infringed Autodesk copyrights. Moses has agreed to pay damages to Autodesk and to cease producing and/or distributing the application worldwide.

About Autodesk

Autodesk, Inc., is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art Digital Prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.

Autodesk, AutoCAD, and AutoCAD LT are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter product offerings and specifications at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.

Photo: http://www.newscom.com/cgi-bin/prnh/20050415/SFF034LOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Autodesk, Inc.

CONTACT: Colleen Rubart of Autodesk, Inc., +1-415-283-7100,
colleen.rubart@autodesk.com

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

RetailVision Partners with The NPD Group to Honor the Best-Selling Retail/E-tail ProductsThe Leading Event for the Retail Channel Teams with a Leader in Market Research to Deliver an Industry Defining Awards Program

FRAMINGHAM, Mass., March 12 /PRNewswire-FirstCall/ -- RetailVision, produced by Everything Channel, today announced their partnership with The NPD Group, the leading global provider of consumer and retail market research information. The information and industry expertise provided by The NPD Group will be used to determine this year's winners at "The Best Selling Retail/E-tail Products Awards" ceremony being held at RetailVision Spring 2009, April 27-30, 2009, at the Boca Raton Resort in Boca Raton, FL.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090312/NY83084)

"We are truly excited to have The NPD Group as a partner and for the prestige that winning an award supported by their leading research will provide the nominees and winners. The independent research done by The NPD Group is highly valued in the retail industry, and it adds an elevated level of significance for those who take home an award for best selling product of the year," said Robert C. DeMarzo, SVP, Editorial Director, Everything Channel.

Stephen Baker, Vice President of Industry Analysis for The NPD Group added, "In these tough economic times, every step taken at retail counts, and it's important for manufacturers to understand where they are successful, or not, and why." Baker will also be presenting an insight session at the event titled "Searching for Growth Opportunities in a Declining Market," showing his commitment to helping both retailers and vendors achieve success in these difficult times.

Baker finished by saying, "NPD's data is the pulse of the consumer technology market, collecting point-of-sale information from retailers and manufacturers to help drive critical business decisions at the global, national and local market levels." With this kind of backing and research, winners of one of Best Selling Retail/E-tail Products Awards can feel confident that they are on track for continued success.

The complete RetailVision Spring 2009 agenda is available at http://everythingchannelevents.com/rvs09_agenda. For information on how to attend the event, contact us at: http://everythingchannelevents.com/rvs09_contact%20us

About The NPD Group, Inc. (http://www.npd.com/)

The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,700 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com/ and http://www.npdgroupblog.com/.

About RetailVision (http://www.retailvision.com/)

RetailVision is the premier event for building alliances between top retailers, vendors, distributors and industry experts serving the retail channel across North America and Latin America. RetailVision's agenda is built to maximize the face-to-face interaction in both highly structured business settings and relaxed social networking events. RetailVision's format, tools and offerings give retailers, vendors and distributors more access and control to develop a comprehensive strategy to maximize their success throughout the retail channel.

About Everything Channel (http://www.everythingchannel.com/)

Everything Channel is the one-stop shop for accessing, enabling, managing and accelerating technology sales channels. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.

About United Business Media Limited (http://www.ubm.com/)

United Business Media Limited (UBM) is a global media and marketing services company that informs markets and brings the world's buyers and sellers together at events, online, in print, and with the information they need to do business successfully. UBM serves professional and commercial communities, from IT professionals to doctors, from journalists to jewelry dealers, from farmers to pharmacists around the world. UBM employs more than 6,500 people in more than 30 countries. UBM's businesses operating in the US include CMPMedica, Commonwealth Business Media, Everything Channel, PR Newswire, RISI, TechInsights, TechWeb and Think Services. UBM is listed on the London Stock Exchange (UBM.L) and has a market capitalization of $1.6 billion.

Contact Kate Spellman Everything Channel (516) 562-7383 kspellman@everythingchannel.com

Photo: http://www.newscom.com/cgi-bin/prnh/20090312/NY83084
PRN Photo Desk, photodesk@prnewswire.com Everything Channel

CONTACT: Kate Spellman of Everything Channel, +1-516-562-7383,
kspellman@everythingchannel.com

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

Eutelsat sélectionne Thales Alenia Space pour la construction de son nouveau satellite W3C

PARIS, March 12 /PRNewswire/ -- Eutelsat Communications (Euronext Paris : ETL), l'un des premiers opérateurs mondiaux de satellites, a annoncé aujourd'hui la sélection de Thales Alenia Space pour la construction du satellite W3C. Le choix du lanceur sera fait par Eutelsat ultérieurement.

La commande rapide de ce satellite fait suite à la décision prise par Eutelsat en janvier 2009 de ne pas intégrer dans sa flotte le satellite W2M, suite à une anomalie majeure apparue pendant le transfert du satellite entre sa position de test et sa position prévue d'exploitation, 16degrees Est. A cette position, W2M avait la mission de remplacer par anticipation le satellite W2. Suite à cet incident, Eutelsat a décidé de positionner son satellite W3B, en construction depuis un an, sur le remplacement de W2. Ce remplacement sera donc effectif dès mi-2010 et il portera les ressources opérationnelles disponibles à la position 16degrees Est de 27 à 56 répéteurs.

Le satellite W3B avait la double mission d'accompagner le développement et la sécurisation de la position 7degrees Est et d'assurer une solution de continuité de service en cas de perte de l'un des satellites W2M, W2A ou W7. W3C a été conçu pour répondre à la mÃªme double mission, augmenter de plus de 50% les ressources de la position 7degrees Est ou assurer, si nécessaire, une continuité de service en bande Ku en cas de perte au lancement des futurs satellites W2A, W7, ou W3B.

Programmé pour un lancement au troisième trimestre 2011, W3C sera équipé de 56 répéteurs adossés à une plate-forme Spacebus 4000 de Thales Alenia Space. Colocalisé aux côtés du satellite W3A, W3C portera la capacité en service opérationnel de la position 7degrees Est de 44 à 70 répéteurs. La colocalisation de ces deux satellites s'inscrit dans la volonté d'Eutelsat de transformer la position 7degrees Est en position phare à l'image de la stratégie ayant permis de porter la position HOT BIRD(TM) au rang de première position mondiale pour le nombre de programmes de télévision diffusés. Offrant des couvertures privilégiées de l'Europe, de l'Afrique, du Moyen-Orient et de l'Asie centrale, le satellite W3A à 7degrees Est réunit d'ores et déjà près de 200 chaînes de télévision ainsi que des services de données et de vidéo professionnelle.

Ces ressources additionnelles permettront à Eutelsat d'accompagner l'expansion des clients existants, et notamment celle des radiodiffuseurs qui lancent leurs premières offres en haute définition. Elles permettront également de renforcer les ressources d'Eutelsat sur d'autres marchés régionaux ciblés.

Satellite de grande taille, W3C permettra à Eutelsat de disposer de couvertures privilégiées sur trois marchés clés dont la demande de capacité satellitaire est en croissance :

- Une couverture de forte puissance de l'Europe en bande Ku, assurée par un faisceau centré sur l'Europe centrale et la Turquie particulièrement adapté à la diffusion de programmes de télévision en réception directe par les foyers sur ces régions ;

- Une large couverture de l'ensemble de l'Europe étendue, comprenant l'Afrique du Nord et le Moyen-Orient jusqu'à l'Asie centrale, assurée par un faisceau en bande Ku pour servir les marchés des réseaux de données et des liaisons de vidéo professionnelles ;

- Une couverture de l'Afrique subsaharienne et des îles de l'océan indien en bande Ku pour des services régionaux de télécommunications et d'accès à l'Internet. Sur la couverture africaine, des liaisons d'interconnexion avec l'Europe seront également disponibles en associant des fréquences en bande Ka en Europe et en bande Ku en Afrique.

La commande de W3C s'inscrit dans le programme de capex présenté par le Groupe pour la période 2008-2011, d'un montant d'investissement de 450 millions d'euros par an, en moyenne, sur cette période.

W3C est le 19ème satellite commandé au groupe Thalès Alenia Space par Eutelsat. Sa durée programmée de vie en orbite est de plus de 15 ans.

Statistiques du satellite W3C Plate-forme : Spacebus 4000 de Thales Alenia Space Dimensions principales: Hauteur : 5.8 m Longueur : 2.0 m Largeur : 2.2 m Largeur avec panneaux solaires déployés: 34 m Masse au lancement : 5.4 Tonnes Puissance en fin de vie: 12 kW Durée de vie opérationnelle: 15 ans +

A propos d'Eutelsat Communications

Eutelsat Communications (Euronext Paris : ETL, code ISIN : FR0010221234) est la société holding d'Eutelsat S.A. Avec des ressources en orbite sur 26 satellites offrant une couverture sur toute l'Europe, le Moyen-Orient, l'Afrique et l'Inde, et sur de larges zones de l'Asie et du continent américain, Eutelsat est l'un des trois premiers opérateurs mondiaux de satellites en terme de chiffre d'affaires. Au 31 décembre 2008, la flotte des satellites d'Eutelsat assure la diffusion de plus de 3 200 chaînes de télévision et 1 100 stations de radio. Plus de 1 100 programmes de télévision sont diffusés par les satellites HOT BIRD(TM) à la position orbitale 13degrees Est vers une audience de plus de 120 millions de foyers en Europe, Moyen-Orient et Afrique du Nord. La flotte d'Eutelsat sert également une large gamme de services fixes et mobiles de télécommunication et de diffusion de données pour les réseaux vidéo professionnels et les réseaux d'entreprise, ainsi qu'un portefeuille d'applications de services haut débit pour les fournisseurs d'accès Internet, les collectivités locales ainsi que pour les transports routiers, maritimes et aériens. Filiale d'Eutelsat dédiée à l'exploitation de services IP sur les téléports d'Eutelsat en France et en Italie, Skylogic commercialise ses services en Europe, en Afrique, en Asie et sur le continent américain. Eutelsat, dont le siège est à Paris, regroupe près de 591 hommes et femmes issus de 27 pays.

http://www.eutelsat.com

Contacts Presse Vanessa O'Connor Tél. : +33-1-53-98-38-88 voconnor@eutelsat.fr Frédérique Gautier Tél. : +33-1-53-98-38-88 fgautier@eutelsat.fr Investisseurs Gilles Janvier Tél. : +33-1-53-98-35-30 investors@eutelsat-communications.com

Eutelsat Communications

Contacts Presse: Vanessa O'Connor, Tél. : +33-1-53-98-38-88, voconnor@eutelsat.fr. Frédérique Gautier, Tél. : +33-1-53-98-38-88, fgautier@eutelsat.fr. Investisseurs: Gilles Janvier, Tél. : +33-1-53-98-35-30, investors@eutelsat-communications.com

Eutelsat Commissions new W3C Satellite From Thales Alenia Space

PARIS, March 12 /PRNewswire-FirstCall/ -- Eutelsat Communications (Euronext Paris: ETL), one of the world's leading satellite operators, today announced that Thales Alenia Space has been commissioned to build the W3C satellite. Eutelsat will select the launcher for the satellite separately at a later stage.

The rapid order of W3C follows Eutelsat's decision taken in January 2009 not to integrate the W2M satellite into its fleet following a major anomaly which occurred during its transfer from the location used for in-orbit tests to its operating position at 16 degrees East where its mission was to replace well in advance Eutelsat's W2 satellite. As a result of this incident, Eutelsat decided that the W3B satellite, which is already one year into construction, will replace W2 from the middle of 2010, raising available capacity at 16 degrees East to 56 transponders from 27.

W3B had the dual mission of accompanying the expansion and in-orbit redundancy of Eutelsat's 7 degrees East position and to ensuring a solution for continuity of service in the event of the loss of W2M, W2A or W7. The W3C satellite will now assume this double mission of boosting by more than 50% available capacity at 7 degrees East, or ensuring if required Ku-band continuity of service for future satellites, namely W2A, W7 or W3B.

Scheduled for launch in third quarter 2011 and equipped with 56 transponders, W3C will be based on the Spacebus 4000 platform of Thales Alenia Space. Its copositioning with Eutelsat's W3A satellite will expand capacity at 7 degrees East from 44 to 70 transponders. The copositioning of both satellites underscores Eutelsat's objective to transform 7 degrees East into a flagship position, repeating the multi-satellite strategy pursued at 13 degrees East which has enabled the HOT BIRD(TM) satellites to develop into the leading neighbourhood worldwide for the number of channels broadcast. With optimised coverage of Europe, Africa, the Middle East and central Asia, the W3A satellite at 7 degrees East already broadcasts close to 200 television channels and carries professional video and data services. The additional resources will enable Eutelsat to support expanding business of existing customers, notably broadcasters now launching their first HDTV channels. It will also bring fresh capacity to boost Eutelsat's resources in other regions.

W3C will have three key coverage zones to address markets with strong growth potential:

- High-power Ku-band coverage of Europe with a beam centred over central Europe and Turkey which is particularly optimised for Direct-to-Home (DTH) reception in these regions, - Extensive coverage across Extended Europe, and including North Africa and the Middle East as far as central Asia, via a Ku-band beam optimised for professional video links and data networks, - Ku-band coverage of Sub-Saharan Africa and Indian Ocean islands for regional telecommunications and Internet services. Interconnection with Europe will also be possible with the African coverage through a combination of Ka-band frequencies in Europe and Ku-band frequencies in Africa.

The investment in the new satellite is included in the capital expenditure programme for the 2008-2011 period of EUR450 million on average per year.

With a scheduled in-orbit life of more than 15 years W3C is the 19th satellite commissioned by Eutelsat from Thales Alenia Space.

Key data for W3C Platform: Thales Alenia Space Spacebus 4000 Height: 5.8 m Length: 2.0 m Width: 2.2 m Width with solar panels deployed: 34 m Mass at launch: 5.4 tonnes Power at end-of-life: 12 kW Operational life: 15 years + About Eutelsat Communications

Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is the holding company of Eutelsat S.A.. With capacity commercialised on 26 satellites that provide coverage over the entire European continent, as well as the Middle East, Africa, India and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators in terms of revenues. At 30 September 2008, Eutelsat's satellites were broadcasting more than 3,180 television channels and 1,100 radio stations. Almost 1,100 channels broadcast via its HOT BIRD(TM) video neighbourhood at 13 degrees East which serves over 120 million cable and satellite homes in Europe, the Middle East and North Africa. The Group's satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates services through its teleport in Italy that serves enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ 538 commercial, technical and operational experts from 27 countries.

http://www.eutelsat.com/ For further information Press Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr Frederique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr Investors Gilles Janvier, Tel: +33-1-53-98-35-30, investors@eutelsat-communications.com

Eutelsat Communications

CONTACT: For further information: Press, Vanessa O'Connor, Tel:
+33-1-53-98-38-88, voconnor@eutelsat.fr; Frederique Gautier, Tel:
+33-1-53-98-38-88, fgautier@eutelsat.fr; Investors: Gilles Janvier, Tel:
+33-1-53-98-35-30, investors@eutelsat-communications.com

Comtech Systems Presents Advanced Troposcatter Communications Products

ORLANDO, Fla., March 12 /PRNewswire/ -- Comtech Systems Inc., a subsidiary of Comtech Telecommunications Corporation , demonstrated new on-air troposcatter communications products in conjunction with the AFCEA TechNet meeting in Tampa, FL. The Transportable Fast Link Antenna (TFLA) and the Troposcatter Communications Trailer (TCT) were operating over-the-air with the AN/TRC-170 on an 81 mile Tampa to Orlando link offering high reliability, high availability communications for voice, video and data. Full compatibility with legacy systems, tactical network connectivity and high data rate backbone communications were part of the demonstration.

"For over 30 years, Comtech Systems has been delivering advanced high data rate, over-the-horizon communications systems to military forces around the world, " said Dick Burt, president of Comtech Systems. "The TFLA and TCT combined with the latest Comtech modem technology and solid state amplifiers now provide a new dimension to the use of tropo on the battlefield. Mobility, ease of operation, and quick setup are causing resurgence in the use of troposcatter communications by the warfighter. Tropo now represents an alternative to other transmission systems such as satellite or HCLOS communications."

The TFLA is a rapidly deployable angle diversity three meter troposcatter antenna that is a single antenna designed to support quad-diversity operation that enables the link to be setup in 30 minutes or less, a significant reduction from the traditional two antenna system. Using GPS and an automated pointing system make setup and optimization very easy especially in stressed conditions.

The TCT is a self contained troposcatter communications system incorporating the TFLA, Comtech modems, and solid state amplifiers. The TCT is deployable with a 50% reduction in crew size from four to two, and can be towed by a HMMWV or similar vehicle.

With the Comtech Systems CS6716 or CS67200 modems, data throughput of up to 20 megabits per second has been demonstrated using advanced forward error correction techniques to sustain high availability. The Comtech Systems modems are the only modems available that provide over-the-air interoperability with legacy systems. Operational links of over 130 miles deliver streaming video, voice and data using the Comtech Systems modems.

Comtech Systems Inc. is the leading supplier of troposcatter communications products for defense and industrial customers around the world for beyond line-of-sight, high capacity applications. Additional information about Comtech Systems Inc. is available at http://www.comtechsystems.com/.

Comtech Systems Inc.

CONTACT: David Stephenson of Comtech Systems Inc., +1-407-854-1950,
david.stephenson@comtechsystems.com

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

Shamir Optical Industry Ltd. to Host Conference Call Announcing Fourth Quarter and Year End 2008 Earnings Results

KIBBUTZ SHAMIR, Israel, March 12 /PRNewswire-FirstCall/ -- Shamir Optical Industry Ltd. ("Shamir") expects to issue its fourth quarter and year end 2008 earnings results on Wednesday, March 18, 2009, and has scheduled a conference call to discuss the results at 10:00 A.M. EDT that morning.

The conference call will be broadcast live as a listen-only webcast. To listen live, please go to http://www.kcsa.com/ approximately five minutes before the conference call is scheduled to begin. You will need to register, and may need to download and install the required audio software. The webcast will be archived for 30 days following the call.

About Shamir

Shamir is a leading provider of innovative products and technology to the spectacle lens market. Utilizing its proprietary technology, the company develops, designs, manufactures, and markets progressive lenses to sell to the ophthalmic market. In addition, Shamir utilizes its technology to provide design services to optical lens manufacturers under service and royalty agreements. Progressive lenses are used to treat presbyopia, a vision condition where the eye loses its ability to focus on close objects. Progressive lenses combine several optical strengths into a single lens to provide a gradual and seamless transition from near to intermediate, to distant vision. Shamir differentiates its products from its competitors' primarily through lens design. Shamir's leading lenses are marketed under a variety of trade names, including Shamir Genesis(TM), Shamir Piccolo(TM), Shamir Office(TM), and Shamir Autograph(TM). Shamir believes that it has one of the world's preeminent research and development teams for progressive lenses, molds, and complementary technologies and tools. Shamir developed software dedicated to the design of progressive lenses. This software is based on Shamir's proprietary mathematical algorithms that optimize designs of progressive lenses for a variety of activities and environments. Shamir also has created software tools specifically designed for research and development and production requirements, including Eye Point Technology software, which simulates human vision.

Investor Relations Contacts: Roni Gavrielov Jeffrey Goldberger/Marybeth Csaby KM / KCSA Investor Relations KCSA Strategic Communications +972-3-516-7620 212-896-1249/212-896-1236 roni@km-ir.co.il jgoldberger@kcsa.com / mcsaby@kcsa.comm

Shamir Optical Industry Ltd.

CONTACT: Roni Gavrielov, KM / KCSA Investor Relations, +972-3-516-7620,
roni@km-ir.co.il; Jeffrey Goldberger, +1-212-896-1249, jgoldberger@kcsa.com;
or Marybeth Csaby, +1-212-896-1236, mcsaby@kcsa.comm, both of KCSA Strategic
Communications

University of South Florida Sarasota-Manatee to Host Free Internet Safety Workshops for Adults Aged 50 and OlderWorkshops, Funded Through a $25,000 Grant From the Verizon Foundation, to be Held in Bradenton, Lakewood Ranch and Sarasota

SARASOTA, Fla., March 12 /PRNewswire/ -- The University of South Florida Sarasota-Manatee will host a series of free Internet safety workshops designed specifically for computer users aged 50 and older. The sessions will be held at various locations in Bradenton, Lakewood Ranch and Sarasota in April and May.

The workshops, funded through a $25,000 grant from the Verizon Foundation, will be held to educate people about potential online risks such as credit card and computer fraud, banking transactions and identity theft.

The dates, times and locations for the workshops, and the topics to be discussed, are:

-- April 13 - 10 a.m. to 11:30 a.m., Renaissance on 9th, 1816 9th St. West, Bradenton (identity theft). -- April 20 - 1:30 p.m. to 3 p.m., FCCI, 6300 University Parkway, Lakewood Ranch (online banking). -- April 27 - 10 a.m. to 11:30 a.m., the University of South Florida Sarasota-Manatee, 8350 N. Tamiami Trail, Sarasota (credit card fraud). -- May 4 - 1 p.m. to 2:30 p.m., The Senior Friendship Center, 1888 Brother Geenen Way, Sarasota (identity theft). -- May 8 - 10 a.m. to 11:30 a.m., Selby Library, 1331 1st St., Sarasota (online banking). -- May 11 - 10 a.m. to 11:30 a.m., Renaissance on 9th, Bradenton (online banking). -- May 18 - 10 a.m. to 11:30 a.m., Renaissance on 9th, Bradenton (credit card fraud).

The USF Sarasota-Manatee faculty will lead the workshops and provide computer users with in-depth information on many key Internet safety issues.

"The University of South Florida Sarasota-Manatee is excited to be partnering with Verizon to conduct important hands-on workshops in the community," said Dr. Arthur Guilford, the university's vice president and CEO. "We are very committed to helping educate our local community on a variety of topics at all age levels."

The university and the Verizon Foundation announced the grant and workshops plan on Feb. 19 at an Internet safety forum in Sarasota.

"Providing a safe online environment for families, particularly the 50-plus adult community, is a priority for Verizon," said Michelle A. Robinson, Verizon's Southeast region president. "We are proud to partner with the University of South Florida Sarasota-Manatee and state and local leaders to bring this valuable information to the community."

Those interested in learning more about the upcoming workshops should contact Barb Bainbridge, development director, USF Sarasota-Manatee, at 941-359-4737 or bbainbridge@sar.usf.edu.

Verizon is engaged in Internet safety on multiple fronts. The company provides customers with an industry-leading slate of online cyber-security tools and education programs to empower all users. Verizon offers a suite of computer security programs that can keep your computer, information and family safe from online threats, including viruses and spyware. Those resources and others, including free parental controls, can be found at http://parentalcenter.verizon.radialpoint.net/.

USF Sarasota-Manatee is an upper-level campus for those with an associate's or bachelor's degree interested in pursuing a baccalaureate or master's degree, professional certification, or continuing education credit. The regional campus offers the prestige of a nationally ranked research university with the convenience of a hometown campus, including classes in south Sarasota County at Manatee Community College Venice.

Verizon

CONTACT: Bob Elek, Verizon Communications, +1-813-483-2541; Chris
Manring, University of South Florida Sarasota-Manatee, +1-941-359-4726,
cmanring@sar.usf.edu

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

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

AT&T Outlines Wireless Network Investment Plans for Central New York in 2009Expansion of Nation's Fastest 3G Network, New Cell Sites Planned

SYRACUSE, N.Y., March 12 /PRNewswire-FirstCall/ -- To address the growing demand for advanced wireless data products and services, such as the BlackBerry(R) Bold(TM) and the Samsung Eternity(TM), AT&T* today unveiled its network expansion plans for the central New York in the coming year. AT&T plans to roll out its third generation (3G) mobile broadband network to new communities in Cayuga, Onondaga, Madison, Cortland and Tompkins Counties by the end of this year.

The 2009 planned network expansion builds upon previous investments in the territory. From 2006 - 2008, AT&T's total capital expenditure and investment in its technology infrastructure in the state of New York was more than $1.3 billion. Nationally, AT&T is investing billions to build its advanced broadband networks - both wired and wireless - creating and preserving high-tech jobs that pay well and will fuel economic growth.

AT&T's 3G wireless network is available in nearly 350 major metropolitan areas in the U.S. and ranked as the nation's fastest according to recent data compiled by leading independent research firms. By continuing to expand its 3G wireless footprint in New York state, AT&T is offering more consumers and businesses broadband-like speed and access to the latest interactive voice, video and data applications.

Last year alone, AT&T added 3G service to more than 400 cell sites across the upstate New York territory, which spans from Buffalo to Albany and includes the southern tier and the North Country. The 2008 investment also brought new cell sites to Utica, Western, Georgetown and Richfield Springs and expanded 3G service in Syracuse, Utica/Rome, Ithaca and Binghamton.

In addition to this year's plan to expand 3G service in central New York, AT&T intends to add new cell sites in Truxton, Brookfield and Cazenovia.

"We're committed to delivering dependable high speed wireless access in more places across New York for consumers and business customers who need to stay connected to work, family and friends," said Jay Summerson, vice president of external affairs for AT&T in New York. "We will continue to invest in our statewide technology infrastructure to ensure that customers in central New York and other areas of the state have the latest in wireless technology available."

"Providing a diverse lineup of cutting-edge wireless devices that take advantage of our network investment is a constant priority, as our customers demand and deserve the best that the industry has to offer," said Bob Holliday, vice president and general manager for AT&T's upstate New York operations. "We recently introduced a new store prototype in several key locations throughout New York state that allows our customers to experience new technology in a try-before-you-buy retail environment. We plan to roll this model out to additional areas in the state later this year."

AT&T operates 50 AT&T-owned retail locations in upstate New York territory. AT&T's products and services are also available at a number of other authorized dealers and national retail locations.

To find out more details about AT&T's coverage in New York or anywhere in the United States, consumers can go to http://www.wireless.att.com/coverageviewer/. The online tool provides up-to-date wireless coverage information for specific locations. The tool can measure the quality of coverage based on a street address, intersection, ZIP code or even a landmark.

For the complete array of AT&T offerings, visit http://www.att.com/

* AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE(R) magazine's list of the World's Most Admired Companies. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.

2009 DISCLAIMERS

DISCLAIMER WITH MENTION OF THIRD PARTIES OR THIRD-PARTY PRODUCTS

(C) 2009 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

AT&T Inc.

CONTACT: Kate MacKinnon of AT&T Inc., +1-508-271-8442,
kate.mackinnon@att.com

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

Beacon Equity Issues Technical Trade Alerts on Newsworthy Market Movers: SFD, SIRI, SNE, PFE, CHIC, GILD

DALLAS, March 12 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.

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

Today's Trade Alerts include: Smithfield Foods Inc. , SIRIUS XM Radio Inc. , Sony Corp. , Pfizer Inc. , Charlotte Russe Holding Inc. and Gilead Sciences Inc. .

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

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

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

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

BeaconEquity.com is one of the industry's largest small-cap research providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m CRD# 2207572

BeaconEquity.com Disclosure

BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, BeaconEquity.com, for complete risks and disclosures.

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

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

JEFF BISHOP https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70781

David C. Masson of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 2207572.

BeaconEquity.com

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

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

Fusion Telecommunications Hires Network 1 Financial Securities, Inc. for Investor Relations & Advisory Services

NEW YORK, March 12 /PRNewswire-FirstCall/ -- Fusion (NYSE Alternext US: FSN) today announced the engagement of Network 1 Financial Securities, Inc. to provide investor relations and financial advisory services. Network 1 Financial Securities, Inc. is headquartered in Red Bank, New Jersey and is an independent full-service securities firm and a registered broker dealer.

"We look forward to working with Fusion to raise awareness of their compelling strategy. We have had significant experience in the telecommunications and technology industry and believe we can help the company position itself more effectively in the capital markets and bring new client opportunities," commented Damon Testaverde, Managing Director for Network 1 Financial Securities, Inc.

Fusion is in the process of refining its business strategy in an effort to focus on its most profitable product offerings and to accelerate its achievement of positive adjusted EBITDA. Fusion's comprehensive product portfolio is designed to drive cost savings and efficiencies for its clients, which is timely given the challenging economic environment and the need for companies to cut costs.

The Company's new investor relations strategy will help to communicate the company's progress in a timely and effective manner.

About Fusion:

Fusion is a new breed of communications carrier, dedicated to providing a full range of advanced IP-based voice and data solutions to corporate and carrier customers worldwide. The Company provides hosted IP-PBX applications, SIP trunking, voice termination, private networks, Internet access and a suite of additional enhanced features and services.

For more information, please go to http://www.fusiontel.com/. (Logo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO )

Statements in this Press Release that are not purely historical facts, including statements regarding Fusion's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, introduction of products in a timely fashion, market acceptance of new products, cost increases, fluctuations in and obsolescence of inventory, price and product competition, availability of labor and materials, development of new third-party products and techniques that render Fusion's products obsolete, delays in obtaining regulatory approvals, potential product recalls and litigation. Risk factors, cautionary statements and other conditions which could cause Fusion's actual results to differ from management's current expectations are contained in Fusion's filings with the Securities and Exchange Commission and available through http://www.sec.gov/.

FUSION Philip Turits, Secretary & Treasurer CONTACT: 212-201-2407 pturits@fusiontel.com NETWORK 1 Damon Testaverde, Managing Director FINANCIAL 732-758-9001 SECURITIES ddtestaverde@netw1.com CONTACT:

Photo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Fusion

CONTACT: Philip Turits, Secretary & Treasurer of Fusion,
+1-212-201-2407, pturits@fusiontel.com; or Damon Testaverde, Managing Director
of Network 1 Financial Securities, +1-732-758-9001, ddtestaverde@netw1.com

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

Small Businesses Can Now Order Verizon FiOS TV for Business for as Low as $12.99 per MonthLocal Programming Option Provides Affordable, High-Quality TV Service

NEW YORK, March 12 /PRNewswire/ -- Small and medium-sized businesses can now get FiOS TV for Business from Verizon for as little as $12.99 per month, or as part of a bundle that includes high-speed FiOS Internet and voice services for as low as $99.99 per month. Each offer has a one-year agreement.

In its latest effort to provide even greater value for small-business customers on a budget, Verizon now offers a TV package that includes local network affiliate broadcasters, PBS, and public education and government (PEG) programming. As an added bonus, both local affiliate and PBS stations are broadcast in standard and high definition. The new package is available in the 14 states where FiOS TV for Business is currently offered.

"Businesses use TV as a tool to draw in customers and keep employees informed," said Monte Beck, Verizon's vice president for small-business products and services. "Our new FiOS TV for Business local programming package offers small businesses a great way to receive the benefits of FiOS TV along with super-fast Verizon FiOS Internet and crystal-clear voice service -- all at an affordable price."

The company also offers businesses a FiOS TV Enhanced package that begins at $49.99 per month and includes 142 channels, and a FiOS TV Premier package featuring more than 200 channels, with 50 in high definition, starting at $79.99 per month.

Verizon FiOS TV for Business is available in parts of California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas, Virginia and Washington.

More information on Verizon FiOS TV for Business local programming is available by calling 1-877-496-0053 or by logging on to http://smallbusiness.verizon.com/products/tv/.

Verizon

CONTACT: Kevin Laverty, MCDM, +1-425-261-5855,
kevin.laverty@verizon.com

Web Site: http://smallbusiness.verizon.com/products/tv

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

Xenos Announces the Release of d2e Vision 3.1Delivers improved ease-of-use with new Java-based GUI and enhanced support for several print stream formats

TORONTO, March 12 /PRNewswire-FirstCall/ -- Xenos Group Inc. (TSX: XNS) today announced the general availability of the latest release of its industry leading Xenos d2e Vision(TM) for document print stream transformation and repurposing.

A stand-alone application since its initial release in 2003, Xenos d2e Vision engine has recently been incorporated as the core technology for the Xenos Enterprise Server (Xenos ES) Transformation Services for Documents.

Xenos d2e Vision Version 3.1 builds upon the Java-based Xenos Developer Studio(TM) Graphical User Interface (GUI) developed for Xenos ES. It lets users run the GUI on any operating system with a graphical environment.

Additionally, the Xenos Field Technology (XFT) capabilities have been significantly enhanced, making it easier to decompose documents and extract visible information for ECM/ERM (Enterprise Content Management/Enterprise Report Management) archive loading, structured data creation and document repurposing.

"With d2e Vision 3.1, our customers can now process a broader range of print stream documents and images through the support of several additional formats and features," said Jeff Williams, Director of Product Management at Xenos. "By offering a single GUI across our product lines as well as adding significant overall improvements to our document transformation capabilities, we are closer to a convergence within our solutions, and at the same time, helping customers better handle both structured and unstructured data and documents."

Some of the major improvements made in Xenos d2e Vision 3.1 include: - Extension of the existing support for PCL 6 with the addition of PCL 5, still widely used by many organizations; - Addition of PCL color output for images, text, shades and vectors; - Addition of color support for TIFF image input and output; - Creation of JPEG images in addition to PNG and TIFF; - Enhanced image support in PDF documents to process the newer image formats JBIG2 and JPEG2000; - Enhanced font mapping to eliminate the requirement of mapping fonts when converting PDF documents to TIFF images. About Xenos Group Inc.

Xenos (TSX:XNS) is the market-leading provider of high-performance software solutions that deliver a superior Return on Information(TM) by Streamlining Enterprise Information Supply Chains(TM). The company's solutions, based on the scalable Xenos Enterprise Server(TM) and its components, process, extract, transform, repurpose and personalize high volumes of data and documents for storage, real-time access, ePresentment, printing and delivery in numerous formats across multiple channels. By readily repurposing, integrating with and extending the business value of existing technology, infrastructure and business applications, Xenos solutions empower organizations to adapt to changing market demands. They also improve operational efficiency, enhance business processes, reduce risk for compliance management and increase employee productivity with lowered total cost of ownership both for the enterprise and for its customers. Xenos supports Green IT initiatives by empowering organizations to "Reduce Reuse Recycle" information resources.

Xenos customers are among the largest organizations worldwide, spanning numerous industries including financial services and insurance. Xenos has offices in Canada, the United States, the United Kingdom and France and a global partner network. For more information, visit http://www.xenos.com/.

(C) 2009 All rights reserved. Xenos, the Xenos logo, Xenos Enterprise Server, Xenos ES, Xenos Integrated Document Solution, Xenos IDS, Xenos Loader, Xenos DSR, Xenos OnLine, Xenos d2e Vision, Xenos terminalONE, Streamlining Enterprise Information Supply Chains, and Return on Information are either registered Trademarks or Trademarks of Xenos Group Inc. All other trademarks and trade names are the property of their respective owners.

Xenos Group Inc.

CONTACT: Editorial Contact: Jodi Echakowitz, Echo Communications, (905)
709-9600, jodi@echo-communications.com; Investor Relations Contact: Cory Pala,
Xenos Group Inc., (416) 657-2400, cpala@xenos.com

Exchange Media Corp. announces certain features of Mobile Multi-Media platform

WEST PALM BEACH, FL, March 12 /PRNewswire-FirstCall/ -- The Company announces details of Mobile Multi-Media Video platform.

Exchange Media's XC Player, when fully operational, will be a personal music and video platform on mobile phones. XC Player can help mobile subscribers to download and play (or stream) favorite video on mobile. With XC Player mobile, ring tones will not be simply a pieces of voice (music). It can turn a piece of video-clip into an incoming or outgoing ring tone (Video Ring Tone). Customers need no special efforts to view the video clip. Simply download the video and set it as a ring tone, and it turns on every time as a phone call is activated!

Exchange Media's XC Player is advanced video/audio technology on mobile phones. XC Player is to integrate mobile OS development and self-owned intellectual property audio/video codec technology, which provide mobile subscribers rich and colorful multimedia experience.

Exchange Media's mobile phone video/audio playing software (XC-Player), rapidly builds Exchange Media's video/audio distribution platform, and generalizes the video ring tone application in China.

Exchange Media to integrate contents and promotion channels, greatly generalize Exchange Media's mobile phone video/audio playing software (XCPlayer), and accumulate user's group in order to make Exchange Media to become one the top-level service providers of mobile music and video clip downloads in China. Based on continuous accumulation and expansion of user's group (to reach some scale), it will cooperate with media companies on advertising sales in future, when fully operational.

Exchange Media focuses on integrated technology service platform and mature commercial model when fully implemented.

The software will support all international audio/video codec based standards and will utilize the most efficient compression and optimization technology to help customers save bandwidth and money.

Global GSM & 3GSM Connections: 3,669 Billion, March 9, 2008. About: Exchange Media Corp. --------------------

Exchange Media's video/audio content distribution platform conveniently will provide download service of video/audio content. Users will download video/audio content they like through logging on service website or OTA mode. The platform will actively send subscribed content to users and then download to their mobile handheld device after the confirmation. Users will make a payment when they confirm to download content. The above mentioned service will be fully implemented after the launch of a service website.

---------------------------------- FORWARD LOOKING STATEMENTS

The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases.

Exchange Media Corporation

CONTACT: Exchange Media Corp., Phone: (604) 687-7472, Fax: (604)
677-0808

All Bets Are on - MSN Survey Finds Americans Still Wagering on Hoops Despite EconomyAmerica's passion for college basketball overrides economic concerns; 22 percent of respondents believe their pool will do better than their 401k.

REDMOND, Wash., March 12 /PRNewswire-FirstCall/ -- A new survey conducted by MSN.com finds that even though the economy may be crimping Americans' spending habits, more than one-third said nothing will stop them from entering college basketball pools this March -- not even the economy.

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

The FBI estimates that Americans wager more than $2.5 billion every year on college basketball bracket pools.(1) Even with the recession, this year is looking to be no different. According to the MSN Hoops Hysteria Survey (http://msn.foxsports.com/bracketsurvey), 45 percent of Americans plan to enter at least one college basketball tournament pool, and more than 20 percent plan to enter three or more.(2)

Although unemployment is expected to rise to a high of 8.8 percent, the economy is not breaking the spirits of American basketball fans. (3) More than half of those entering basketball pools are planning to enter at least $20 this year, and 22 percent believe their wager will do better than their 401k. Even more, the dedicated fans of the Western Athletic Conference (WAC) are pulling out the big bucks, with 36 percent planning to wager at least $40 on their pools, reinforcing their confidence in their bracket and teams. Not everyone has such an optimistic outlook, though. At least 15 percent of respondents said they will be spending less money on NCAA pools than they did last year, with another 10 percent deciding to not enter any money, stating that money is too tight or it is irresponsible in these uncertain economic times.

While Americans may have a fun attitude toward entering basketball brackets, most are grounded in reality. When asked what they would do if they won $1 million by filling out their bracket successfully, three-fourths of Americans said they would either pay off debt or save the money.

From team statistics to tournament standings and college basketball odds, MSN gives college basketball fans all the information they desire. Fans can find a detailed breakdown of survey results and details on the tournament at http://msn.foxsports.com/bracketsurvey.

About MSN and Windows Live

Overall, MSN, Windows Live and Microsoft.com attract more than 550 million unique users worldwide per month. With localized versions available globally in 42 markets and 21 languages, MSN is a world leader in delivering Web services to consumers and online advertising opportunities to businesses worldwide. MSN partnered with Control Room to stream Live Earth, one of the largest online entertainment events in history, with over 62 million streams worldwide. Most recently, Microsoft and NBC Universal partnered to create "NBCOlympics.com on MSN," the official online home of the 2008 Summer Olympics in Beijing, China, providing online users with exclusive access to a groundbreaking offering of more than 3,500 hours of live and on-demand video content.

About Microsoft

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

(1) American Gaming Association, Fact Sheets: "Industry Issues: Sports Wagering"

(2) The survey was conducted online with a random sample of 1,078 men and women ages 18 and older who plan to participate in a college basketball pool this year -- all members of the Impulse Research proprietary online panel. The Impulse Research proprietary online panel has been carefully selected to closely match U.S. population demographics, and the respondents are representative of American men and women 18 and older. Research was conducted in February 2009. The overall sampling error rate for this survey is +/-3% at the 95 percent rate of confidence.

(3) Board of Governors of the Federal Reserve System, Federal Open Market Committee Economic Projections, January 2009

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

CONTACT: Chanda Stevick, Waggener Edstrom Worldwide, +1-503-443-7000,
cstevick@waggeneredstrom.com, or Rapid Response Team, Waggener Edstrom
Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, all for Microsoft Corp.

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

Verizon Wireless Brings Fans New Collaboration From Rock Icon Chris Cornell and Timbaland Exclusively for BlackBerry Storm Smartphone UsersIntimate Performance This Weekend in the Windy City Marks Debut of Third Single from Timbaland's Exclusive Music Program

BASKING RIDGE, N.J., and CHICAGO, March 12 /PRNewswire/ -- Verizon Wireless today announced rock icon Chris Cornell and super producer Timbaland will collaborate on the next song in its exclusive series of songs available first to BlackBerry(R) Storm(TM) smartphone customers. The song, "Stop Me," will debut during an invitation-only event tomorrow night in Chicago with a performance by Cornell, former frontman for Soundgarden and Audioslave, and will be available for download by BlackBerry Storm smartphone users later that evening.

Cornell, whose solo album "Scream" was released earlier this week, will join Verizon Wireless' Mobile Producer in Residence, Timbaland, on the Verizon Mobile Recording Studio Bus before the event to debut "Stop Me." Cornell and Timbaland's "Stop Me" is the third song from Timbaland's exclusive Storm program and follows remixes of Rihanna's "Rehab" and the Jonas Brothers' "Tonight." Songs from the program are available for a limited time for free to Verizon Wireless customers using BlackBerry Storm smartphones from Research In Motion (RIM). To download the songs, customers simply visit http://www.verizontimbalandstorm.com/ using their BlackBerry Storm smartphones, enter their phone numbers, and then follow the directions to access the tracks. All of the collaborations will be available to all V CAST Music customers later this spring.

"The BlackBerry Storm smartphone has amazing multimedia features, and it's been great to work with artists such as Timbaland and Chris Cornell to show off the power of music on the device," said Ed Ruth, director of digital music at Verizon. "We're excited BlackBerry Storm smartphone users get to have the first listen to this exclusive music, and know this song and all the others sound great to them."

"It's cool to be a part of the Verizon program because it can offer genuinely innovative ways of getting new music out to fans," said Chris Cornell.

"'Stop Me' is the third exclusive song I've created just for Verizon's BlackBerry Storm customers," said Timbaland. "It made perfect sense to debut it the same week that 'Scream' was released since I produced that album as well."

Verizon Wireless has been working with Timbaland, together with other top artists, to bring new songs to BlackBerry Storm smartphone customers in connection with several special events over the past few months. Customers with BlackBerry Storm smartphones are the first to get the new tracks, which feature different artists and genres, and appeal to music lovers of all ages. For more information, visit http://www.verizontimbalandstorm.com/.

Chris Cornell has been astonishing fans with his songwriting and vocal talent for nearly two decades. As the architect of grunge and the lead singer of Soundgarden, he brought the Seattle sound to the masses with songs such as "Black Hole Sun," "Rusty Cage" and "Outshined" from the classic albums "Badmotorfinger" and "Superunknown." Later, Cornell joined with former members of Rage Against the Machine to form Audioslave, whose albums include "Audioslave," "Out of Exile" and "Revelations." In recent years, Cornell has also established himself as a solo artist, with critically acclaimed albums including "Euphoria Morning" and "Carry On." Cornell is the first American male solo artist to ever be commissioned to do the Bond theme in 2006 with the song "You Know My Name" from "Casino Royale." An artist who thrives on contradictions, Cornell is once again moving into fresh territory by collaborating with Timbaland on "Scream."

Available exclusively in the United States from Verizon Wireless, the BlackBerry Storm smartphone is the world's first smartphone with a "clickable" touch screen and features powerful communications capabilities, plus advanced multimedia features, including support for V CAST Music with Rhapsody.

For more information on mobile music from Verizon Wireless, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or visit http://www.verizonwireless.com/music. For more information on the BlackBerry Storm smartphone, visit http://www.verizonwireless.com/storm.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 80 million customers. Headquartered in Basking Ridge, N.J., with more than 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

Verizon Wireless

CONTACT: Debra Lewis, Verizon Wireless, +1-908-559-7512,
Debra.Lewis@verizonwireless.com, Monique Idlett-Mosley, Mosley Music Group for
Timbaland, +1-305-389-1082, moniquemmg@vzw.blackberry.net, Gina Schulman,
Press Here for Chris Cornell, +1-914-319-5360 (mobile),
gina@pressherepublicity.com

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

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

Microsoft's 2009 Pharmaceutical and Life Sciences Innovation Awards Call for Entries Now OpenAwards recognize Microsoft-based solutions in discovery and product innovation, sales and marketing, manufacturing and supply chain, and clinical development.

REDMOND, Wash., March 12 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced the call for entries for the 2009 Microsoft Pharmaceutical and Life Sciences Innovation Awards, recognizing breakthroughs in the use of Microsoft technology. Awarded annually, the Microsoft Pharmaceutical and Life Sciences Innovation Awards provide an opportunity for pharmaceutical and life sciences companies to demonstrate their application of available software and devices, as well as the creation of new solutions, to revolutionize medical breakthroughs, improve healthcare and enhance one's quality of life.

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

This year's competition will recognize the positive impact that new and innovative technologies are delivering in the areas of discovery and product innovation, sales and marketing, manufacturing and supply chain, and clinical development. Pharmaceutical and life sciences corporations worldwide are eligible, including those in the areas of biotechnology, diagnostics, medical equipment, animal health, nutritional products and consumer health.

One award will be presented in each category to eligible pharmaceutical or life sciences corporations that best demonstrate leadership in improving business operations through the deployment of Microsoft technologies. Implementations for consideration must include the use of Microsoft BizTalk Server, the Microsoft Office system, Windows Mobile, Microsoft Surface, Microsoft SQL Server or other Microsoft technologies.

Here are the four award categories and judging criteria:

-- Discovery and Product Innovation. This award recognizes technological innovation that enhances a pharmaceutical or life sciences corporation's ability to deliver safer and more efficacious products to the market by reducing complexity, lowering cost, and enhancing the speed and quality of the discovery process.

-- Sales and Marketing. This award recognizes technological innovation that enhances a pharmaceutical or life sciences corporation's ability to inform and educate physicians and healthcare professionals, consumers, and insurance and benefits plan providers about the benefits, value and safety of the pharmaceutical and healthcare offerings produced.

-- Manufacturing and Supply Chain. This award recognizes the use of innovative technology to improve a pharmaceutical or life sciences firm's ability to expedite the delivery of products to consumers by reducing complexity and costs, improving productivity, and enhancing product life-cycle management, compliance, safety, quality and speed to use through advancements in manufacturing and supply chain.

-- Clinical Development. The winner in this category will be the pharmaceutical or life sciences company demonstrating innovative use of Microsoft technologies in drug development, biotechnology, medical and diagnostic devices, or animal health and consumer health products, resulting in the company's ability to improve time to market and quality during clinical trials, analysis and submission.

Awards Schedule

Entries must be submitted by 5 p.m. PDT Monday, May 4, 2009. Microsoft will announce the winners at the Drug Information Association's annual meeting in San Diego in June 2009. Winners will also be announced in an upcoming Microsoft national advertisement. Additional information and access to an entry kit is available at the Events & Webcasts section of Microsoft's Life Sciences Web site at http://www.microsoft.com/lifesciences. To enter, participants should download the entry form and e-mail their completed documents to lsia@microsoft.com. The Participant Release Form must be signed and faxed to the attention of Monika Skibeness at (425) 936-7329. More information about the awards is available from Monika Skibeness at (425) 870- 4880.

About Microsoft in Health

Microsoft is committed to improving health around the world through software innovation. Over the past 12 years, Microsoft has steadily increased its investments in health, with a focus on addressing the challenges of health providers, health and social services organizations, payers, consumers, and life sciences companies worldwide. Microsoft closely collaborates with a broad ecosystem of partners and develops its own powerful health solutions, such as Amalga and HealthVault. Together, Microsoft and its industry partners are working to advance a vision of unifying health information and making it more readily available, ensuring the best quality of life and affordable care for everyone.

About Microsoft

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

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

CONTACT: Ted Ladd of Microsoft, +1-646-225-4722, tedladd@microsoft.com;
or Caitlin McCabe of Ruder Finn, +1-415-348-2723, mccabec@ruderfinn.com, for
Microsoft Corp.

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

Tyco International Declares Regular Quarterly Dividend

PEMBROKE, Bermuda, March 12 /PRNewswire-FirstCall/ -- The Board of Directors of Tyco International Ltd. today declared a quarterly dividend of 0.23 Swiss Francs (CHF) per share, payable on May 27, 2009, to shareholders of record at the close of business on April 30, 2009, subject to a required filing with the Swiss Commercial Register.

The dividend of CHF 0.23 per share is the first installment of an annual dividend of CHF 0.93 per share approved by shareholders in conjunction with today's approval of the company's change in domicile from Bermuda to Switzerland. The CHF 0.93 annual dividend is the Swiss Franc equivalent (as of March 9, 2009) of Tyco's planned annual dividend of $0.80 per share for fiscal 2009. The dividend will be paid in U.S. Dollars (USD) converted from Swiss Francs at the USD/CHF exchange rate in effect approximately one week prior to the payment date. Because of potential currency translation movements, the USD amount shareholders will actually receive may be more or less than the amount stated above. The dividend is paid from a reduction to share capital under Swiss law.

ABOUT TYCO INTERNATIONAL

Tyco International is a diversified, global company that provides vital products and services to customers in more than 60 countries. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco had 2008 revenue of more than $20 billion and has 113,000 employees worldwide. More information on Tyco can be found at http://www.tyco.com/.

Tyco International Ltd.

CONTACT: Media, Paul Fitzhenry, +1-609-720-4261, or Investor Relations,
Ed Arditte, +1-609-720-4621, or Antonella Franzen, +1-609-720-4665, all of
Tyco International

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

Landstar Ranked #1 in Fortune Magazine's List of 'America's Most Admired Companies' in the Trucking Category

JACKSONVILLE, Fla., March 12 /PRNewswire-FirstCall/ -- Landstar System, Inc., a safety-first non-asset based provider of transportation and logistics services, ranked first in the Trucking Category in Fortune magazine's 2009 list of "America's Most Admired Companies." The recognition marks Landstar's sixth consecutive year on the list acknowledging corporate excellence.

"We are proud to be ranked first on this prestigious list," said Landstar President and CEO Henry Gerkens. "This ranking reflects the talent, hard work and dedication of Landstar's independent sales agents, third-party capacity providers and employees, who help make this recognition possible."

The selection of America's Most Admired Companies by Fortune and its consulting partner, the Hay Group, is based on the revenue of the 1,000 largest U.S. companies, non-U.S. companies in Fortune's Global 500 database with revenues of $10 billion or more, and the top foreign companies operating in the U.S. A total of 689 companies from 28 countries were surveyed.

Hay Group asked executives, directors, and analysts to rate companies in their own industry on nine criteria. Landstar ranked first in six of the nine categories including innovation, people management, quality of management, use of corporate assets, financial soundness and value as a long term investment.

Fortune's special report on America's Most Admired Companies appears in the March 16, 2009 issue. The complete list can also be found on http://www.money.cnn.com/magazines/fortune/mostadmired/2009/index.html

About Landstar:

Landstar System, Inc. delivers safe, specialized transportation and logistics services to a broad range of customers worldwide. The Company identifies and fulfills shippers' needs through the coordination of individual businesses comprised of independent sales agents and third-party transportation and logistics capacity providers. Through its operating subsidiaries, Landstar delivers excellence in complete transportation logistics services and solutions. All Landstar operating companies are certified to ISO 9001:2000 quality management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market(R) under the symbol LSTR.

Landstar System, Inc.

CONTACT: Ginger Whitcher of Landstar System, Inc., +1-904-390-1457

Web Site: http://www.landstar.com/
http://www.money.cnn.com/magazines/fortune/mostadmired/2009/index.html

Air Products' Hydrogen Fueling Equipment to Boost UNIDO-ICHET Demo ProjectINOX Air Products to Support On-Site Work in New Delhi

LEHIGH VALLEY, Pa., March 12 /PRNewswire-FirstCall/ -- Air Products today announced that it will supply hydrogen fueling equipment for a hydrogen transportation demonstration project in New Delhi, India. The project, being financially and technically supported by The International Centre for Hydrogen Energy Technologies (ICHET) of the United Nations Industrial Development Organization (UNIDO) will be conducted over two years beginning in July 2010 and include development of a fleet of 15 three-wheeled vehicles. The hydrogen-powered fleet will transport visitors at the Pragati Maidan, where many large public exhibitions are held in New Delhi, in partnership with the India Trade Promotion Organization. The Indian Institute of Technology (IIT)-Delhi, a pioneer in hydrogen research in India, will oversee the project's management, and the vehicles will be developed by Mahindra & Mahindra, one of the major automobile manufacturers in India, in collaboration with IIT-Delhi.

Air Products and INOX Air Products will be providing the hydrogen fueling equipment, expertise on hydrogen safety, and hydrogen supply strategy. "This is yet another novel demonstration of hydrogen for use as an energy carrier in the transportation industry. This fleet of popular three wheeled vehicles will be operating in a very public forum with high visibility in this heavily used exhibition area. We're pleased to be involved with another hydrogen project in India and look forward to a continuing relationship," said Tom Joseph, business development manager for Hydrogen Energy Systems at Air Products.

Project organizers hope the fleet will be operated well beyond the end of this project and that it will help support the establishment of hydrogen refueling facilities and hydrogen vehicles across New Delhi and India. UNIDO-India will be completing the consortium of team members involved with the project and undertaking liaison activities in collaboration with the Indian Minister of New and Renewable Energy and ICHET, which is based in Turkey and is funded by the Turkish Ministry of Energy. ICHET's aim is to support developing countries leap-frog the use of hydrogen as a clean energy carrier by helping in the development and demonstration of such technologies by supporting universities and industries.

In 2005, Air Products was a key player in the opening of India's first hydrogen fueling station at Indian Oil Corporation Ltd.'s research and development center in Faridabad, north of New Delhi. Air Products and INOX Air Products supplied a dual fueling dispensing unit. The system is able to separately fuel vehicles with hydrogen, or a mixture of hydrogen and compressed natural gas (HCNG).

Air Products, the leading supplier of merchant hydrogen to refineries to assist in making cleaner burning transportation fuels, has completed over 85,000 hydrogen fills and has placed over 90 hydrogen fueling stations in the United States and 16 countries worldwide. Cars, trucks, vans, buses, scooters, forklifts and other materials handling equipment, and even submarines, have been fueled as this trend-setting technology involving Air Products know-how, equipment, and hydrogen is being used increasingly at over 2,000 hydrogen fills per month. Air Products provides liquid and gaseous hydrogen, and HCNG (hydrogen/compressed natural gas) fueling at varied pressures and was the first company to provide 700 bar (10,000 psi) fueling. Hydrogen for these stations is delivered to a site via truck, by on-site natural gas reformation, and by electrolysis, wind and solar means.

Air Products has more than 50 years of hydrogen experience and is on the forefront of hydrogen energy technology development. Air Products has an extensive patent portfolio with over 50 patents in hydrogen dispensing technology. For more information on Air Products' hydrogen fueling station technologies go to http://www.airproducts.com/h2energy.

About Air Products

Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in over 40 countries, and 21,000 employees around the globe. For more information, visit http://www.airproducts.com/.

About INOX Air Products

INOX Air Products is India's leading Industrial gas company and is a 50:50 JV between the INOX group and Air Products and Chemicals, Inc. headquartered in Allentown, Pennsylvania. The company is fully integrated from gas manufacturing to distribution and operates across India with an asset base in excess of Rs 1300 crores. It serves customers in industrial, energy, technology and healthcare markets with a unique portfolio of atmospheric gases, process and specialty gases, equipment and services.

***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products

CONTACT: U.S., Art George, +1-610-481-1340, georgeaf@airproducts.com,
Asia, Jessica Cheng, +852-2863-0585, chengjs@airproducts.com; or Investor
Inquiries, Nelson Squires, +1-610-481-7461, squirenj@airproducts.com, all of
Air Products

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

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