Companies news

MedQuist Announces Resolution of SEC Investigation

MOUNT LAUREL, N.J., March 13 /PRNewswire-FirstCall/ -- MedQuist Inc. , a leading provider of medical transcription services, is pleased to announce that it has resolved the investigation by the Securities and Exchange Commission (SEC) regarding the Company's historic billing practices. Pursuant to the settlement, the Company agreed to the entry of final judgment in prospective litigation by the SEC, including an injunction against the Company from violating federal securities laws. Under the settlement, the Company will not pay any fines or penalties to the SEC, and the Company does not admit to or deny any liability or wrongdoing.

As originally reported by MedQuist in 2004, the SEC opened an investigation regarding the Company's historic billing practices after the Company announced it had undertaken an internal review of its billing practices and was delaying the filing of its annual report on Form 10-K for the year ended December 31, 2003. MedQuist cooperated fully with the SEC investigation and is pleased to conclude this matter.

Resolution of the SEC investigation follows the Company's resolution of the previously disclosed Department of Justice investigation, the previously disclosed settlements reached in the South Broward customer class action, the consolidated medical transcriptionist class action, and the Steiner shareholder class action lawsuits, and dismissal with prejudice of the Kanter shareholder derivative class action. Upon court approval and entry of final judgment in the SEC matter and medical transcriptionist litigation, the Company will have completely resolved all class action litigation and governmental investigation matters arising from the internal review of its historic billing practices.

About MedQuist:

MedQuist is a leading provider of medical transcription services, and a leader in technology-enabled clinical documentation workflow. MedQuist's enterprise solutions -- including mobile voice capture devices, speech recognition, Web-based workflow platforms, and global network of medical editors -- help healthcare facilities improve patient care, increase physician satisfaction, and lower operational costs. For more information, please visit http://www.medquist.com/.

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: Statements in this press release regarding MedQuist's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements. As a result, forward-looking statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

MedQuist Inc.

CONTACT: Emmy Weber, MedQuist Marketing, +1-678-824-3358,
eweber@medquist.com

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

PlanetOut Inc. Receives Notice From Nasdaq Regarding Non-Compliance With Minimum Stockholders' Equity Requirement

SAN FRANCISCO, March 13 /PRNewswire-FirstCall/ -- PlanetOut Inc. , a leading media and entertainment company exclusively focused on the gay and lesbian market, announced today that on March 9, 2009 it received a notice from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market stating that based on PlanetOut's Annual Report on Form 10-K for the year ended December 31, 2008, the Nasdaq staff had concluded that PlanetOut's stockholders' equity was less than the $10 million minimum required for continued inclusion on The Nasdaq Global Market under Marketplace Rule 4450(a)(3) (the "Rule").

The notice further states that PlanetOut will be provided with 15 days, through March 24, 2009, within which to provide the Nasdaq staff with a definitive plan to regain compliance with the Rule. If the Nasdaq staff accepts PlanetOut's plan, the staff may grant PlanetOut an exception of up to 105 calendar days within which to regain compliance pursuant to its plan. If the Nasdaq staff does not accept PlanetOut's plan, PlanetOut will have the opportunity to appeal that decision to a Listings Qualification Panel. The notice also states that rather than submitting a plan to regain compliance, PlanetOut may instead apply to transfer its securities to The Nasdaq Capital Market if PlanetOut satisfies inclusion requirements for that market and submits its transfer application no later than March 24, 2009.

PlanetOut currently intends to submit an application to transfer its securities to The Nasdaq Capital Market.

About PlanetOut Inc.

PlanetOut Inc. is a leading media and entertainment company exclusively serving the lesbian, gay, bisexual and transgender (LGBT) community. PlanetOut's digital media brands include two of the longest-established LGBT sites on the Web, gay.com and PlanetOut.com - both of which are known for their robust online communities as well as their entertainment, news, fitness, health, style, and travel content. PlanetOut is based in San Francisco. For more information, please visit http://www.planetoutinc.com/.

Forward-Looking Statements

In addition to the historical information contained herein, this press release contains forward-looking statements, including statements regarding PlanetOut's intent to apply to transfer its securities to The Nasdaq Capital Market, as well as statements containing the words "believes," "anticipates," "expects," and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the anticipated timing of PlanetOut's proposed merger; competition; timing of product launches; success of marketing efforts; and dependence on technology infrastructure and the Internet. Additional information concerning factors that could affect PlanetOut's future business and financial results is included in the Company's Annual Report on Form 10-K for the year ended December 31, 2008 and other public filings filed from time to time with the SEC, which are available at the SEC's website at http://www.sec.gov/.

PlanetOut Inc.

CONTACT: Angelina M. Becerra of PlanetOut Inc., +1-415-834-6407

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

comScore Releases February 2009 U.S. Search Engine Rankings

RESTON, Va., March 13 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly comScore qSearch analysis of the U.S. search marketplace. Americans conducted 13.1 billion core searches in February 2009, down 3 percent versus January - a decline that is primarily the result of the shortened month.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO) February 2009 U.S. Core Search Rankings

Google Sites led the U.S. core search market in February with 63.3 percent of the searches conducted, followed by Yahoo! Sites (20.6 percent), Microsoft Sites (8.2 percent), Ask Network (4.1 percent) and AOL LLC (3.9 percent).

comScore Core Search Report* February 2009 vs. January 2009 Total U.S. - Home/Work/University Locations Source: comScore qSearch 2.0 Share of Searches (%) Point Change Feb-09 vs. Core Search Entity Jan-09 Feb-09 Jan-09 Total Core Search 100.0 100.0 N/A Google Sites 63.0 63.3 0.3 Yahoo! Sites 21.0 20.6 -0.4 Microsoft Sites 8.5 8.2 -0.3 Ask Network 3.7 4.1 0.4 AOL LLC 3.9 3.9 0.0 * Based on the five major search engines including partner searches and cross-channel searches. Searches for mapping, local directory, and user-generated video sites that are not on the core domain of the five search engines are not included in the core search numbers.

Americans conducted 13.1 billion searches at the core search engines, down 3 percent from January. Google Sites handled 8.3 billion core searches, followed by Yahoo! Sites with 2.7 billion and Microsoft Sites with 1.1 billion.

comScore Core Search Report* February 2009 vs. January 2009 Total U.S. - Home/Work/University Locations Source: comScore qSearch 2.0 Search Queries (MM) Percent Change Feb-09 vs. Core Search Entity Jan-09 Feb-09 Jan-09 Total Core Search 13,496 13,104 -3% Google Sites 8,497 8,293 -2% Yahoo! Sites 2,836 2,696 -5% Microsoft Sites 1,146 1,073 -6% Ask Network 497 536 8% AOL LLC 520 507 -3% * Based on the five major search engines including partner searches and cross-channel searches. Searches for mapping, local directory, and user-generated video sites that are not on the core domain of the five search engines are not included in the core search numbers. February 2009 U.S. Expanded Search Rankings

In the comScore February 2009 analysis of the top properties where search activity is observed, Google Sites led with 11.3 billion searches, down 4 percent versus January. Yahoo! Sites ranked second with 2.8 billion searches, followed by Microsoft Sites (1.1 billion) and AOL LLC (761 million).

comScore Expanded Search Query Report February 2009 vs. January 2009 Total U.S. - Home/Work/University Locations Source: comScore qSearch 2.0 Search Queries (MM) Percent Change Feb-09 vs. Expanded Search Entity Jan-09 Feb-09 Jan-09 Total Expanded Search 19,979 19,176 -4% Google Sites 11,714 11,250 -4% Google 8,731 8,541 -2% YouTube/All Other 2,983 2,709 -9% Yahoo! Sites 2,979 2,828 -5% Yahoo! 2,952 2,804 -5% All Other 27 23 -13% Microsoft Sites 1,188 1,109 -7% MSN-Windows Live 1,084 1,015 -6% Microsoft/All Other 104 94 -10% AOL LLC 781 761 -3% AOL Search Network 452 439 -3% MapQuest/All Other 330 322 -2% Ask Network 645 678 5% Ask.com 317 384 21% MyWebSearch.com/ All Other 328 294 -10% eBay 541 513 -5% Craigslist.org 497 511 3% Fox Interactive Media 558 487 -13% MySpace 550 479 -13% All Other 8 7 -10% Facebook.com 195 206 6% Amazon Sites 196 170 -13% About comScore

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

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

CONTACT: Casey Becker of comScore, Inc., +1-312-777-8846,
press@comscore.com

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

IAC Announces it is Temporarily in Non-Compliance with NASDAQ Marketplace Rule 4350 Following the Resignation of a Board Member

NEW YORK, March 13 /PRNewswire-FirstCall/ -- IAC announced today that it received a letter from The Nasdaq Stock Market notifying the company that it no longer complies with Nasdaq Marketplace Rule 4350(d)(2), which requires IAC to have an audit committee composed of at least three "independent directors" (as defined in Nasdaq Marketplace Rule 4200(a)(15)). Following the resignation of Steven Rattner from IAC's Board of Directors on February 23, 2009, IAC was left with only two independent directors serving on its audit committee.

Nasdaq Marketplace Rule 4350(d)(4) provides a cure period for IAC to regain compliance with Nasdaq's audit committee composition requirements. This cure period will run through the earlier of IAC's next annual meeting of shareholders or February 23, 2010 or, if IAC's next annual meeting of shareholders is held before August 24, 2009, through August 24, 2009.

During the cure period, IAC common stock will continue to trade on Nasdaq, subject to IAC's continued compliance with other Nasdaq listing requirements. IAC is currently addressing the need for a third audit committee member and expects to regain compliance with Nasdaq's audit committee composition requirements within the cure period.

About IAC

IAC operates more than 35 leading and diversified Internet businesses across 40 countries... our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at http://iac.com/.

Contacts IAC Investor Relations: IAC Corporate Communications: Eoin Ryan Stacy Simpson / Leslie Cafferty (212) 314-7432 (212) 314-7470 / 7326

IAC

CONTACT: Eoin Ryan, IAC Investor Relations, +1-212-314-7432; or Stacy
Simpson, +1-212-314-7470 or Leslie Cafferty, +1-212-314-7326, both of IAC
Corporate Communications

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

Nam Tai: Files Annual Report - Announces Annual Meeting of Shareholders

MACAO, China, March 13 /PRNewswire-FirstCall/ -- Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTE) today announced that the Company has filed its 2008 Annual Report on Form 20-F, which includes its audited financial statements for its fiscal year ended December 31, 2008, with the United States Securities and Exchange Commission ("SEC").

As a result of a change to Section 203.01 of the New York Stock Exchange Listed Company Manual, approved by the Securities and Exchange Commission on August 21, 2006, the NYSE requirement for a listed company to physically distribute an annual report to shareholders was eliminated, allowing a company to satisfy the annual financial statement distribution requirement by posting the annual report, it is required to file with the SEC, on or by a link through its corporate website and by delivering its complete audited financial statements, without charge, to any shareholder who requests it.

Nam Tai has posted its 2008 Annual Report on its website which can be accessed electronically at http://www.namtai.com/annual/08form20f.pdf. The Company will also deliver within a reasonable time after request a paper copy of its 2008 Annual Report, including its complete audited financial statements, free of charge, to any shareholder upon request. To request a paper copy please contact the Company by e-mail at shareholder@namtai.com or by written request to Units 5811-12, 58/F, The Center, 99 Queen's Road Central, Central, Hong Kong, Re: 2008 Annual Report on Form 20-F. In any event, Nam Tai plans to mail a paper copy of its 2008 Annual Report on Form 20-F, including its complete audited financial statements, at the time it sends to shareholders entitled to vote at Nam Tai's upcoming 2009 Annual Meeting of Shareholders the formal Notice and the Proxy Statement for that meeting.

Annual Meeting OF Shareholders

The Company plans to hold its 2009 Annual Meeting of Shareholders at 11:30 a.m. (Pacific Daylight Time) on Friday, June 5, 2009 at the Pan Pacific Vancouver Hotel, Pacific Rim Suite 1, 300-999 Canada Place, Vancouver, British Columbia, V6C 3B5, Canada. Nam Tai currently expects that the record date for determining shareholders entitled to vote at that meeting to be April 22, 2009.

ABOUT NAM TAI ELECTRONICS, INC.

We are an electronics manufacturing and design services provider to a select group of the world's leading OEMs of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and subassemblies, including LCD panels, LCD modules, RF modules, DAB modules, FPC subassemblies and image sensors modules and PCBAs for headsets containing Bluetooth wireless technology. These components are used in numerous electronic products, including mobile phones, laptop computers, digital cameras, electronic toys, handheld video game devices, and entertainment devices. We also manufacture finished products, including mobile phone accessories, home entertainment products and educational products. We assist our OEM customers in the design and development of their products and furnish full turnkey manufacturing services that utilize advanced manufacturing processes and production technologies.

Nam Tai currently has one Hong Kong listed subsidiary, Nam Tai Electronic & Electrical Products Limited ("NTEEP"). Interested investors may go to the website of The Stock Exchange of Hong Kong at http://www.hkex.com.hk/ to obtain information specific to NTEEP. The stock code of NTEEP in The Stock Exchange of Hong Kong is 2633. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of Nam Tai based solely upon reliance on such information.

Nam Tai Electronics, Inc.

CONTACT: Investors: Anthony Chan, Nam Tai Electronics, Inc., (853) 2835
6333, FAX: (853) 2835 6262, or shareholder@namtai.com

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

JAG Media Holdings, Inc. Announces Letter of Intent for the Acquisition of CardioGenics Inc. by a Wholly-Owned Subsidiary of JAG Media

BOCA RATON, Fla., March 13 /PRNewswire-FirstCall/ -- JAG Media Holdings, Inc. (BULLETIN BOARD: JAGH) announced today that it has entered into a letter of intent with CardioGenics Inc. and its principal stockholder, pursuant to which CardioGenics will be acquired by JAG Media through its subsidiaries (CardioGenics ExchangeCo, Inc., an Ontario, Canada corporation wholly-owned by CardioGenics CallCo, Inc., also an Ontario, Canada corporation that will be wholly-owned by JAG Media). In consideration of the acquisition of CardioGenics by one of JAG Media's Ontario subsidiaries, CardioGenics stockholders shall be issued at the closing, in exchange for all of the CardioGenics shares, a number of convertible preferred shares of such Ontario subsidiary which, upon conversion, shall result in the issuance of a number of shares of JAG Media common stock equal to eighty-five percent (85%) of JAG Media's outstanding common stock (on a fully diluted basis) as of the closing date, assuming (for purposes of this calculation) that the shares of common stock resulting from the conversion of the preferred shares were issued at the closing. CardioGenics stockholders will have the option to receive their pro-rata apportionment of the Ontario subsidiary's convertible preferred shares or, in lieu thereof, may elect to receive directly their pro-rata apportionment of JAG Media common shares. The JAG Media Ontario subsidiaries will be established prior to the closing.

The shares of JAG Media common stock to be received by stockholders of CardioGenics at the closing would not be registered for sale with the U.S. Securities and Exchange Commission and would, therefore, be subject to the rights and restrictions of Rule 144. Shares of JAG Media common stock issued to the Ontario subsidiary stockholders upon conversion of their preferred shares after the closing may not be registered for sale with the U.S. Securities and Exchange Commission prior to six (6) months following the closing and would, therefore, be subject to the rights and restrictions of Rule 144 prior to any such registration. The existing public stockholders of JAG Media will experience significant dilution from the issuance of these shares to the stockholders of CardioGenics and the Ontario subsidiary.

The closing is currently scheduled for April 30, 2009 and is conditioned upon (i) each party completing a due diligence review, the results of which are satisfactory in all respects to each party; (ii) JAG Media and CardioGenics obtaining all appropriate and necessary corporate and shareholder approvals; (iii) the entering into of definitive agreements among the parties, including, without limitation, a mutually acceptable definitive acquisition agreement between CardioGenics and the Ontario subsidiary and other related agreements; and (iv) JAG Media's common stock continuing to be quoted on the OTC Bulletin Board as of the closing date.

The execution of the definitive acquisition agreement and other related closing documents shall be subject to (a) JAG Media and YA Global entering into the Standby Equity Distribution Agreement (as discussed below) and (b) CardioGenics receiving commitments for not less than $1,500,000 in financing.

Simultaneous with the execution of the letter of intent, JAG Media also entered into a Standby Equity Distribution Agreement ("SEDA") with YA Global Master SPV Ltd., pursuant to which YA Global agreed to purchase up to $5,000,000 of JAG Media's common stock over the course of the thirty-six (36) months following the date the registration statement for the shares to be issued pursuant to the SEDA is first declared effective. JAG Media shall have the right, but not the obligation, to sell common stock to YA Global from time-to-time during the commitment period, in accordance with the terms of the SEDA.

There is no assurance that the definitive documentation called for in the letter of intent will ever be executed, or if executed, that the proposed transaction between JAG Media and CardioGenics will be consummated. Further, to the extent that definitive agreements are reached, no assurances can be given that any such agreements will be entered into consistent with the current expectations of JAG Media and CardioGenics, as contemplated by the terms of the letter of intent.

A copy of the letter of intent, SEDA and related documents, will be filed by the Company on Form 8-K, which will be available on EDGAR.

About JAG Media Holdings, Inc.

JAG Media Holdings, Inc. is a provider of Internet-based equities research and financial information that offers its subscribers a variety of stock market research, news and analysis, including "JAG Notes", the Company's flagship early morning consolidated research product.

About CardioGenics Inc.

CardioGenics develops technology and products targeting the immunoassay segment of the In-Vitro Diagnostic testing market. CardioGenics has developed the QL Care Analyzer, a proprietary Point Of Care immuno-analyzer, which will run a number of diagnostic tests under development by CardioGenics, the first of which will be a series of cardiovascular diagnostic tests. As part of its core proprietary technology, CardioGenics has also developed a proprietary method for silver coating paramagnetic microspheres (a fundamental platform component of immunoassay equipment), which improve instrument sensitivity to light. CardioGenics' principal offices are located in Mississauga, Ontario, Canada.

JAG Media Holdings, Inc.

CONTACT: Stephen J. Schoepfer, President & COO, JAG Media Holdings,
Inc., +1-609-945-0405, steve@jagnotes.com

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

Californians Recycle Nearly 237,100 Phones in 2008 Through Verizon Wireless' HopeLine(R) ProgramCompany donates more than seven million minutes of service and $266,000 in cash grants to domestic violence agencies in the state

WALNUT CREEK, Calif., March 13 /PRNewswire/ -- Consumers and businesses in California donated nearly 237,100 old and no-longer-used wireless phones and accessories last year to Verizon Wireless' long-running HopeLine phone recycling and reuse program.

Through HopeLine, Verizon Wireless collects no-longer used wireless phones, batteries and accessories from any wireless service provider and puts the nation's most reliable wireless network to work in communities the company serves by turning these unused wireless phones into support for victims of domestic violence.

Support for Northern California Families

Thanks to the phones and accessories collected through HopeLine, last year Verizon Wireless provided more than 2,330 wireless phones with seven million minutes of service to domestic violence agencies throughout the state to help victims and survivors rebuild their lives.

In addition, Verizon Wireless awarded cash grants totaling $266,000 to the 38 agencies in Northern California, including Humboldt Domestic Violence Services, Community United Against Violence (CUAV) in San Francisco, Asian Americans for Community Involvement (AACI) in Santa Clara, and YWCA Sonoma County.

An ongoing commitment to curbing abuse

Since 2001, HopeLine has collected more than 5.6 million phones and awarded more than $6.3 million in cash grants to domestic violence agencies and organizations throughout the country. Verizon Wireless has also donated more than 76,000 HopeLine phones with 228 million minutes of airtime to victims, survivors and domestic violence organizations.

The HopeLine program also includes #HOPE, which can be dialed from any Verizon Wireless handset to immediately connect to the National Domestic Violence Hotline. The hotline provides professional support and referrals to people involved in domestic violence, as well as those who want to help friends and family. The call to #HOPE is toll- and airtime-free.

How you can help

No-longer-used wireless phones, batteries and accessories in any condition from any wireless service provider are accepted in Verizon Wireless' more than 2,500 Communications Stores nationwide. For more information on Verizon Wireless' HopeLine program and to learn how to donate a wireless phone, visit http://www.verizonwireless.com/hopeline.

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.

Verizon Wireless

CONTACT: Heidi Flato of Verizon Wireless, +1-925-279-6545,
Heidi.Flato@verizonwireless.com

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

Overstock.com Announces Winner of February $10,000 Family Bailout SweepstakesPlans to Continue Monthly Sweepstakes Through December 2009

SALT LAKE CITY, March 13 /PRNewswire-FirstCall/ -- Overstock.com, Inc. announced today that Cara Bennett of Ocala Florida has won the February 2009 $10,000 Family Bailout Sweepstakes. Overstock.com will pay the $10,000 directly to one or more of Bennett's qualified creditors.

Bennett lives with her husband and 19-year-old son. Her husband works for Lockheed Martin and her son is living at home to save on expenses. Bennett has started a "Frugaling Club" to help those in her community with ideas on how to save money and shop smart.

Overstock.com Chairman and CEO Patrick Byrne said, "With such a great response from our January $10,000 Family Bailout Sweepstakes, we wanted to continue our help during the months ahead. We plan to continue this $10,000 sweepstakes every month through December of 2009."

Approximately 100,000 people entered the February sweepstakes. Bennett was selected as the winner according to contest rules. No purchase is necessary for eligibility. To enter go to http://www.overstock.com/familybailout. Additionally, shoppers will have the choice to opt-in to the contest when purchasing items through Overstock.com.

"It's great that we can help out the Bennett family," said Byrne. "They are a hard-working family and we hope this $10,000 will give them the boost they need during these tough times."

Overstock.com created the Family Bailout plan in order to give Overstock.com visitors the chance to pay off their mortgage, credit cards, or other large debts.

"This money will help me and my family through these trying times," said Bennett. "Thank you, Overstock.com."

About Overstock.com

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

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

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding which creditors of Bennett will receive payment, the number of months that the company will run this or similar sweepstakes, and the types of debts on which future winners may use sweepstakes proceeds. Our Form 10-K/A for the year ended December 31, 2008, our subsequent quarterly reports on Form 10-Q, or any amendments thereto, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.

Overstock.com, Inc.

CONTACT: Media, Roger Johnson, +1-801-947-4430, rojohnson@overstock.com,
or Investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of
Overstock.com, Inc.

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

Optical Cable Corporation Schedules Conference Call to Discuss First Quarter 2009 Results

ROANOKE, Va., March 13 /PRNewswire-FirstCall/ -- Optical Cable Corporation (Nasdaq GM: OCCF), today announced that it will release its first quarter of fiscal year 2009 results on Monday, March 16, 2009. The first quarter results are for the three-month period ended January 31, 2009. The Company will also host a conference call on Tuesday, March 17, 2009 at 10:00 a.m. Eastern Time.

Individuals wishing to participate in the conference call should call (888) 868-9083 or (973) 935-8512. For interested individuals unable to join the call, a replay will be available through March 24, 2009 by dialing (800) 642-1687 or (706) 645-9291, pass code 90200092. The call will also be broadcast live over the Internet and can be accessed by visiting the investor relations section of the Company's website at http://www.occfiber.com/.

As in the past, Optical Cable Corporation will answer questions from analysts and fund investors during the conference call. Optical Cable Corporation also invites individual investors to submit questions in advance of the conference call. Questions should be submitted in writing to apalash@joelefrank.com by 7:00 a.m. Eastern Time on Tuesday, March 17, 2009.

Company Information

Optical Cable Corporation is a leading manufacturer of a broad range of fiber optic cable and data communication connectivity solutions, and offers an integrated suite of high quality, warranted cabling and connectivity products, primarily for the enterprise market. The Company's product offerings include designs for uses ranging from commercial, enterprise network, residential, and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining and broadcast applications. Optical Cable Corporation products are designed to meet the most demanding needs of end-users, delivering a high degree of reliability and outstanding performance characteristics.

Optical Cable Corporation is internationally recognized for pioneering the design and production of fiber optic cables for the most demanding military field applications, as well as of fiber optic cables suitable for both indoor and outdoor use, and creating a broad product offering built on the evolution of these fundamental technologies. In May 2008, the Company acquired SMP Data Communications, a company internationally recognized for its role in establishing copper connectivity data communications standards, through its innovative and patented technologies.

Founded in 1983, Optical Cable Corporation is headquartered in Roanoke, Virginia with offices and manufacturing and warehouse facilities located both in Roanoke, Virginia and near Asheville, North Carolina. The Company primarily manufactures its high quality fiber optic cables at its ISO 9001:2000 registered and MIL-STD-790F certified facility located in Roanoke, Virginia and its high quality connectivity products at its ISO 9001:2000 registered facility located near Asheville, North Carolina.

Further information about Optical Cable Corporation is available on the World Wide Web at http://www.occfiber.com/.

AT THE COMPANY: Neil Wilkin Tracy Smith President & CEO Senior Vice President & CFO (540) 265-0690 (540) 265-0690 investorrelations@occfiber.com investorrelations@occfiber.com AT JOELE FRANK, WILKINSON BRIMMER KATCHER: Andrew Siegel Aaron Palash (212) 355-4449 ext. 127 (212) 355-4449 ext. 103 asiegel@joelefrank.com apalash@joelefrank.com

Optical Cable Corporation

CONTACT: Neil Wilkin, President & CEO, +1-540-265-0690,
investorrelations@occfiber.com, or Tracy Smith, Senior Vice President & CFO,
+1-540-265-0690, investorrelations@occfiber.com; both of Optical Cable
Corporation; or Andrew Siegel, +1-212-355-4449 ext. 127,
asiegel@joelefrank.com, or Aaron Palash, +1-212-355-4449 ext. 103,
apalash@joelefrank.com , both of Joele Frank, Wilkinson Brimmer Katcher

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

/C O R R E C T I O N -- Panasonic/Panasonic's Expanded 2009 Blu-ray Line Up Features VIERA Cast(R), BD Live(TM), World's First VHS-Blu-ray Player and Reduced Power ConsumptionAmazon Video-on-Demand Included in VIERA CAST For 2009

SECAUCUS, N.J., March 11 /PRNewswire-FirstCall/ -- Panasonic, a major developer and contributor to the success of the Blu-ray format, recently introduced the successors to last year's award winning DMP-BD35 and DMP-BD55 players, as well as presenting the world's first Blu-ray-VHS dual player. All three of the new Blu-ray players -- DMP-BD60, DMP-BD80, DMP-BD70V -- combine high quality images with enhanced networking functions, including VIERA Cast's improved internet functionality that provides access to Amazon VOD's huge selection of titles. Continuing its commitment to producing products that stress ease of use, the 2009 line of Blu-ray Disc(TM) players continue to incorporate VIERA Link(TM), allowing the consumer to operate their audio/video components, via HDMI, with one remote. And, in keeping with Panasonic's pledge to reduce the planet's carbon footprint, the new Blu-ray players have been designed to reduce power consumption. The 2009 Panasonic Blu-ray line will be available in April. The DMP-BD60 will have a SRP of $299.95; the DMP-BD80 $399.95; the DMP-BD70V $399.95.

Each of the three models employs the PHL Reference Chroma Processor Plus. Developed in collaboration with Panasonic Hollywood Laboratory, this high image processing technology reproduces clear, vivid colors that are faithful to the original film. Recognizing that audio is important to the overall entertainment experience, Panasonic's three 2009 Blu-ray Disc players feature a high definition audio decoder (Dolby(R) Digital Plus, Dolby(R) TrueHD, DTS-HD Master Audio Essential) to take advantage of the exceptionally high quality 7.1 channel surround sound now integrated in Blu-ray Discs. The DMP-BD70V distinguishes itself as the world's first dual deck VHS-Blu-ray player, providing the consumer with a video product that features multi-format playback allowing the user to play VHS, CD, DVD and 1080p high definition Blu-ray Discs. The BD70V allows for premium 1080p up-conversion for all video formats.

VIERA CAST technology, introduced in Panasonic's PZ850 2008 VIERA Plasma, is now available in Panasonic's 2009 Blu-ray players. The internet enabled technology lets the consumer access the internet without the need of either an external box or a PC and enjoy the entertainment value provided by such targeted sites as Amazon VOD, with an extensive library of streamed titles, YouTube(TM), Google's Picasa(TM) Web Album, Bloomberg and a weather channel. The DMP-BD60, DMP-BD80 and DMP-BD70V include an SD Memory card slot and USB slot, making it easy for the consumer to view and share both digital still images and HD video recorded with an HD camcorder in the AVCHD format.

"With the expansion of the unique VIERA Cast functionality and the introduction of the industry's first dual VHS-Blu-ray deck, Panasonic's 2009 line cements our position as technology leaders and places Panasonic in the forefront of the Blu-ray arena," said Richard Simone, Director, Panasonic, the Entertainment Group. "Panasonic was the first company to produce a Blu-ray player with Bonus View and the first to incorporate BD Live functionality into a stand alone player. Now we are the first to bring to market a dual VHS-Blu ray player. When coupled with a Panasonic HDTV, Blu-ray gives the consumer the essential 1080p high definition experience."

In order to produce the ultimate picture quality, Panasonic's Blu-ray players employ high precision 4:4:4 signal technology, which working in tandem with PHL Reference Chroma Processor Plus processes each pixel of the Blu-ray Disc video signal in the horizontal direction, to compliment vertical direction processing. P4HD (Pixel Precision Progressive Processing for HD) is another technology that contributes to the superior picture quality of the Blu-ray players. P4HD processes more than 15 billion pixels per second and applies the optimal processing to every pixel. Panasonic's Blu-ray players further utilize 16-level motion detection to categorize the image motion of each pixel into one of 16 levels; diagonal processing to detect diagonals and correct the pixels accordingly; 1080p up-conversion to up-convert content recorded in the 480i/p or 720p format to 1080p. The Blu-ray players also provide 1080/24p output, thereby reproducing cinema images from a Blu-ray Disc and DVD in their original 24p form with no need for conversion. This allows the user to enjoy cinema images in the same format used in cinema with a 1080/24p compatible TV.

Complimenting the HD audio codecs the three Blu-ray players feature 96kHz surround re-master, a function that enhances the sound quality of CDs and other sources, and even improves the quality of the multi-channel audio data on Blu-ray Discs and DVDs. The DMP-BD80 further enhances the audio experience with 7.1 channel analog out to produce true 7.1 surround sound, thereby affording the consumer a home theater environment that rivals the movie theater. The BD80 also includes a playback information window that can be used to display detailed image information while a movie is playing.

In order to obtain a reduction in power consumption the 2009 Blu-ray players use Auto Power Stand-By, a function that automatically turns off the player when you return to TV operation using the VIERA Link menu. In addition, the Stand-by Power Save automatically turns off the player's Quick Start function. When VIERA is turned on, Quick Start also turns on. In addition, the development of the UniPhier(R) single chip LSI makes it possible to pack an entire video signal processing circuit onto a single chip. This helps lower power consumption, reduces the number of parts needed and allows for a more compact design. The BD60 consumes 16% less power in standby mode than last year's model, the DMP-BD35.

About Panasonic Consumer Electronics Company

Based in Secaucus, N.J., Panasonic Consumer Electronics Company (PCEC), a market and technology leader in High Definition television, is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. Panasonic is pledged to practice prudent, sustainable use of the earth's natural resources and protect our environment through the company's Eco Ideas programs. Information about Panasonic products is available at http://www.panasonic.com/. Additional company information for journalists is available at http://www.panasonic.com/pressroom.

Panasonic

CONTACT: Media, Jeff Samuels, +1-201-392-4571,
samuelsj@us.panasonic.com, or Chris De Maria, +1-201-348-7182,
demariac@us.panasonic.com, both of Panasonic; or Alix Dunn of Cohn & Wolfe,
+1-212-798-9795, alix.dunn@cohnwolfe.com, for Panasonic

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

NIVS IntelliMedia Technology Group Announces NYSE Amex US Listing and Common Stock Offering

HUIZHOU, Guangdong, China, March 13 /PRNewswire-Asia-FirstCall/ -- NIVS IntelliMedia Technology Group, Inc., ("NIVS" or "Company") today announced the listing of its common stock on the NYSE Amex. The shares began trading today under the symbol "NIV."

The Company also announced a public offering of 550,000 shares of its common stock at $3.50 per share. The Company has granted to the underwriter an option for 45 days following the closing to purchase up to an additional 82,500 shares to cover over-allotments, if any. NIVS intends to use the net proceeds from this offering for working capital and general corporate purposes. The registration statement related to these securities has been declared effective by the Securities and Exchange Commission.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is made only by the prospectus relating to this offering. A copy of the final prospectus may be obtained from WestPark Capital, Inc., 1900 Avenue of the Stars, Suite 310, Los Angeles, CA 90067, by phone at (310) 843-9300, facsimile (310) 843-9304, or email jstern@wpcapital.com.

NIVS IntelliMedia Technology Group designs, manufactures and sells audio and visual consumer products in China and elsewhere worldwide including markets in Europe, Southeast Asia and North America.

For more information, please contact: NIVS IntelliMedia Technology Group Jason Wong Vice President Investor Relations Tel: +86-752-312-5862 Email: jason@nivsgroup.com Investors: Stephanie Carrington / Ashleigh Barreto The Ruth Group Tel: +1-646-536-7017 / 7028 Email: scarrington@theruthgroup.com abarreto@theruthgroup.com

NIVS IntelliMedia Technology Group, Inc.

CONTACT: Jason Wong, Vice President Investor Relations of NIVS
IntelliMedia Technology Group, +86-752-312-5862, or jason@nivsgroup.com; or
Investors, Stephanie Carrington or Ashleigh Barreto of The Ruth Group, +1-646-
536-7017 or 7028, or scarrington@theruthgroup.com or abarreto@theruthgroup.com,
for NIVS

Metacritic Announces Top Metascores(R) for Movies Opening This WeekHighly Anticipated "Tokyo Sonata" Directed By Kiyoshi Kurosawa Received a Metascore of 74

SAN FRANCISCO, March 13 /PRNewswire/ -- Metacritic (http://www.metacritic.com/), the Web's most robust roundup of entertainment reviews, and a property of CBS Interactive, today announced its weekly Metascores(R) for the week's opening movies as of Friday, March 13, 2009 at 10:00 a.m.-PST. Metacritic carefully screens and selects the most respected reviewers within each entertainment category and combines all of the individual critics' scores into a Metascore, an overall grade for each release, so users can gauge the critical consensus at a glance. Movie Metascores are compiled using weighted scores from the 41 most respected movie critics and publications in the U.S.

Following is a list of the Metascores for this week's opening movies: Limited Releases: "Tokyo Sonata," directed by Kiyoshi Kurosawa - Metascore = 74

Metascores range from 0-100, with higher scores indicating better overall reviews, and lower scores indicating less favorable reviews from critics. Various ranges of Metascore are also identified by different colors, so you can tell at a glance how critics felt: generally, green scores (61-100) indicate favorable reviews, yellow scores (40 - 60) denote mixed reviews, and red scores (0-39) are used for unfavorable reviews.

The Metascore is considered a weighted average because Metacritic assigns more significance, or weight, to some critics and publications than to others, based on the overall stature and quality of those critics and publications. In addition to critical reviews, entertainment enthusiasts can also voice their opinions by submitting their own ratings and reviews. By providing a weighted Metascore and an average consumer score for each release, Metacritic helps consumers make informed decisions about how to spend their entertainment dollars and time.

About Metacritic

Called "...the Web's best film review site" by Entertainment Weekly, Metacritic provides access to and summarizes the vast amount of entertainment criticism available online for film, video/DVD, music, games and television. With the belief that multiple opinions are better than one, Metacritic launched in January 2001 and has remained true to its goal to help people make an informed decision about how to spend their money on the many entertainment options available today.

About CBS Interactive

CBS Interactive, a division of CBS Corporation, is the best online content network for information and entertainment. With more than 180 million people visiting its properties each month, it is the 9th largest Web property globally. Its portfolio of leading brands, which include CNET, CBS.com, CBSSports.com, GameSpot, TV.com, BNET and Last.fm, span popular categories like technology, entertainment, sports, news and business.

Metacritic

CONTACT: Tamara Woods of CBS, +1-415-344-2381, Tamara.Woods@cbs.com

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

Telanetix to Hold Fourth Quarter and Year End 2008 Results Conference Call on March 25, 2009

BELLEVUE, Wash., March 13 /PRNewswire-FirstCall/ -- Telanetix, Inc., (OTC BB: TNXI) a leading communications solutions provider offering video telepresence solutions and next generation voice services to all business market segments, is scheduled to host a conference call to discuss the fourth quarter and year end 2008 results on Wednesday, March 25, 2009 at 10:00 a.m. PT (1:00 p.m. ET). Management will deliver prepared remarks and conduct a question and answer session.

To access the call in the United States, dial 888-680-0878 and to access the call internationally, dial 617-213-4855 and enter pass code 32847015. The call will also be broadcast live over the Internet and will be available for replay for 90 days at http://www.telanetix.com/. A telephone replay will be available two hours after the call through March 27, 2009 by dialing 888-286-8010 in the United States and 617-801-6888 for international callers. All parties will need the following replay pass code 78045101.

About Telanetix, Inc.

Telanetix is a leading communications solutions provider offering video telepresence solutions and next generation voice services to all business market segments. Telanetix solutions meet the real-world communications demands of its customers with an powerful, cost effective industry-leading proposition. The company's video telepresence offering, called Digital Presence(TM), creates fully immersive and interactive meeting environments that incorporate voice, video and data from multiple locations into a single environment. The company's Voice offerings, marketing under the "AccessLine" brand, give business customers a flexible, easy to use, cost effective alternative to today's traditional phone service, offering flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers. Additional information may be found at the Telanetix corporate website, http://www.telanetix.com/.

Telanetix, Inc.

CONTACT: Paul Quinn of Telanetix, Inc., +1-206-515-9160,
pquinn@telanetix.com; or media, Todd Barrish of Dukas PR, +1-212-704-7385,
todd@dukaspr.com, for Telanetix, Inc.

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

TVLandPRIME.com Lampoons the Network's Hit Series 'High School Reunion' With 'High School Reunion: Celebrity Edition'

NEW YORK, March 13 /PRNewswire/ -- Inspired by TV Land's hit original series "High School Reunion," TVLandPRIME.com's blog contributor Sammy Buck casts his own version of the reality series with some of the hottest names in Hollywood. From Brad Pitt as "The Jock" to Bruce Willis as "The Class Clown" to Sarah Jessica Parker as "The Ugly Duckling," Buck offers a master class in sociology and stereotypes in this fun and exciting list. Visitors are sure to have their own opinion on which high school labels belong to their favorite celebs. "High School Reunion" airs weekly in TV Land PRIME on Wednesdays at 10:00PM ET/PT.

In addition to selecting which red hot celebrities fit the labels on the show, Buck's blog entry also explores those age-old yearbook predictions including what Angelina Jolie (The Cheerleader) and Joaquin Phoenix (The Loner) were "most likely to" achieve in future endeavors.

TV Land's "High School Reunion" website also offers other amusing activities such as the "80's Me" application -- where visitors can upload a current photo of themselves and blast back to the days of big bangs and shoulder pads and the "Awesomely 80's" music video widget that participants can upload to their favorite social networking sites. Visitors can also check out cast members' personal photo galleries, watch exclusive video taken by the cast as well as bonus moments not seen on-air, read weekly behind-the-scenes cast blogs and play free, exclusive games such as "High School Volleyball," where contestants can test their volleyball skills in real time against other online gamers.

"High School Reunion" features nineteen classmates from the 1988 graduating class of Arizona's Chandler High who have been brought together for their own special reunion set on an exotic and romantic Kauai estate to rekindle old relationships, reveal long-held secrets and resolve deep-seated issues from 20 years ago. The TV Land original eight-part reality series premieres on TV Land PRIME, TV Land's new primetime programming destination designed to appeal to the attitudes, life stage and interests of people in their 40s. "High School Reunion" is produced by Next Entertainment in association with Warner Horizon Television.

Regular TVLandPRIME.com writer Sammy Buck has been a member of the TV Land Awards website writing team and has written trivia games for "Star Trek" and "M*A*S*H" on tvland.com. Buck wrote the book and lyrics for the musical "Like You Like It" and the book for "Common Grounds." He is a frequent contributor to the New York Musical Theatre Festival and a member of BMI and the Dramatists Guild.

TV Land and all related logos and titles are trademarks of Viacom International Inc.

About TV Land PRIME and TV Land

TV Land PRIME is TV Land's prime time programming destination designed for people in their mid-forties and the exclusive home to the premieres of the network's original programming, contemporary television series acquisitions and movies. TV Land PRIME is part of TV Land, a network dedicated to presenting the best in entertainment on all platforms for consumers in their 40s and 50s. Consisting of original programming, acquired shows, hit movies and full-service Web site, TV Land is now seen in over 93 million U.S. homes.

About MTV Networks

MTV Networks, a division of Viacom , is one of the world's leading creators of entertainment content, with brands that engage and connect diverse audiences across television, online, mobile, games, virtual worlds and consumer products. The company's portfolio spans more than 150 television channels and 350 digital media properties worldwide, and includes MTV, VH1, CMT, Logo, Harmonix, Nickelodeon, Nick at Nite, Noggin, The N, AddictingGames, Neopets, COMEDY CENTRAL, Spike TV, TV Land, Atom, GameTrailers and Xfire.

TV Land

CONTACT: Mitchell Squires, +1-212-846-7356, Mitchell.Squires@tvland.com,
or Vanessa Reyes, +1-310-752-8081, Vanessa.Reyes@tvland.com, both of TV Land

Web Site: http://www.tvland.com/prime

Magal Security Systems Announces That it Expects to Incur Non-Cash Write-Offs and Establish Reserves for Termination Expenses

YAHUD, Israel, March 13 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS:MAGS, TASE: MAGS) today announced that it expects to incur up to approximately $21.5 million in non-cash charges and reserves in its fourth quarter 2008 results, which will primarily reduce the value of certain non-tangible assets on its balance sheet.

Among the expected charges is an approximate $4 million reduction in a deferred tax asset. Taking into account developments in global markets over the past few months and the shrinkage of budgets manifested by reduced product demand, management believes that a write-down will be necessary. As the market situation improves, the company may be able to use this deferred tax asset based on expected profit levels.

The Company believes that it will be required to record a goodwill impairment charge with respect to a goodwill asset of $12.5 million established in connection with the acquisition of a company in Europe. The recorded backlog for the European company is lower than expected and it is not clear if its operations will be able to recover to a level where its value will justify the goodwill figure. These factors triggered the need for an impairment analysis of the goodwill, which is expected to be completed in the next few months.

In addition to the above non-tangible asset charges is an approximate $2.5 million reserve to be recorded on the Company's balance sheet for future termination costs associated with the departure of the Company's former CEO as well as other executives. Management believes that an approximate $1.5 million provision for slow moving inventory will be required, resulting from the consolidation of inventory from different subsidiaries as well as identifying slow moving products that may not be sellable due to the global economic contraction, including in the markets in which the Company operates.

Management also believes that as a result of the effects of the global economic slowdown on some of its customers and business partners, it will need to increase its reserves for doubtful accounts by approximately $1 million.

The Company expects to publish its fourth quarter 2008 financial results as well as its 2008 audited annual results, together with the filing of its annual report on Form 20-F with the Securities and Exchange Commission, in June 2009. The publication and filing will be followed by a conference call with investors. The timing of the conference call will be announced separately.

About Magal Security Systems Ltd.:

Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing and marketing of computerized security systems, which automatically detect, locate and identify the nature of unauthorized intrusions. The Company's products are currently used in more than 70 countries worldwide to protect national borders, airports, correctional facilities, nuclear power stations and other sensitive facilities from terrorism, theft and other threats.

Magal's shares trade in the U.S. on the NASDAQ Global Market and in Israel on the Tel-Aviv Stock Exchange (TASE) under the symbol MAGS.

This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission.

Contacts: Magal Security Systems Ltd Lian Goldstein Tel: +972-3-539-1444 Fax: +972-3-536-6245 E-mail:lian@magal-ssl.com GK Investor Relations Ehud Helft/Kenny Green Tel: (US) +1-646-201-9246 Int'l dial: +972-3-607-4717 E-mail: info@gkir.com

Magal Security Systems Ltd

CONTACT: Contacts: Magal Security Systems Ltd, Lian Goldstein, Tel:
+972-3-539-1444, Fax: +972-3-536-6245, E-mail:lian@magal-ssl.com; GK Investor
Relations, Ehud Helft/Kenny Green, Tel: (US) +1-646-201-9246, Int'l dial:
+972-3-607-4717, E-mail: info@gkir.com

China 3C Group Establishes Electronic Retail Franchise Operation

HANGZHOU, China, March 13 /PRNewswire-Asia-FirstCall/ -- China 3C Group (BULLETIN BOARD: CHCG) ("the Company"), a retailer and wholesale distributor of consumer and business products in China, today announced that one of its main subsidiaries, Zhejiang Yong Xin Digital Technology Co., Ltd has set up a new operating entity, Hangzhou Letong Digital Technology Co., Ltd. ("Letong") to establish an electronic retail franchise operation for China 3C Group.

The Company plans on establishing its electronic franchise stores in third tier and county-level cities in the Eastern China region with future plans to expand outside of Eastern China into provincial capitals and second-tier cities. Letong has commenced operations with $2.9 million in registered capital from China 3C Group to be utilized specifically for the marketing of the franchise plan and the build out of 15 direct stores, which will be owned and operated by the Company and will serve as a model for franchisees. The Company's goal is to open up 15 direct stores and 15 franchise stores in 2009 with 100 additional franchise stores in 2010.

All franchise store locations will be known as "Yong Xin Digital Technology" Stores. They will utilize Yong Xin's logo and have similar store layouts and color patterns. Future franchise stores are expected to be converted from already existing retail store locations. In many smaller cities in China, consumer electronic products such as cell phones and computers are sold in single-product stores. Upon signing a franchise agreement, Letong will convert selected single-product stores into comprehensive stores that carry a wide variety of branded consumer electronic products and product lines. A minimum of 75% of franchisee store products will be supplied by China 3C through the Company's wholesale electronics operating division. Each franchise store will have access to essentially all of China 3C's roughly 3,000 consumer electronic products.

These stores will be free-standing, independent stores and will be comprised of three different size formats: a) small-size stores with an average size of less than 500 sq. ft; b) medium-size stores with an average size of 500-1,000 sq. feet and; c) large-size stores with an average size that exceeds 1,000 square feet. On average, 3C believes the typical franchise store size will be approximately 1,000 sq. feet. This compares to an average size of approximately 135 sq. ft for its 1,000+ store-in-store retail locations.

Letong will be run by Mr. Zhenwei Liu, who will become the CEO of the Letong operating entity. Mr. Liu has notable retail experience having spent the last eight years working at Beijing Zhenshanmei Co., a manufacturer and franchise store operator of health and cosmetic products. At this company, Mr. Liu spent the last several years working as General Manager where he was responsible for opening more than 300 of Beijing Zhenshanmei's 'Aloe' Stores. Mr. Liu will be joined by Mr. Qin Li, who will become Vice General Manager of Letong. Mr. Li has extensive operational electronic store experience. Before joining Letong, Mr. Li was the Zhejiang Regional Manager of Suning Appliance Co. Ltd., China's second-largest electronics retailer where he oversaw the operations of 40 store locations.

Mr. Zhenggang Wang, CEO of China 3C Group, commented, "I am excited about the establishment of Letong. Our company has an opportunity to increase its sales and profitability, create greater operating leverage and improve its brand visibility with the opening of Yong Xin franchise locations in the Eastern China region. We believe a franchise business can be complementary to our existing store-in-store retail business and there are multiple benefits to establishing this new platform. Our franchise stores can cost effectively expand into third tier and county-level cities which are areas with minimal large-format electronic retail competition whereas most of our store-in-store retail locations are in big box stores located in more populated areas. There is no size limit to our retail franchise stores which allows them to carry a broad electronic product offering and we can more easily develop programs to build customer loyalty. We also believe the development of a franchise model will allow our business to be more visible and establish a more recognizable brand name for our business.

Based on the current model of our franchise business, we expect franchise stores to pay 20-30% of their monthly net income as royalty to China 3C and we will also generate 1-2% net profit from any products we sell to franchisees. Additionally, China 3C can generate additional revenue from franchisee advertising and after-sales service support and 3C will receive a rebate (2% of revenue) from product manufacturers after the company opens up 100 franchise stores. Based on these projections, we believe our franchise business can generate net margin of 7% on an annualized basis. China 3C will distribute products to each store as well as collect merchandise payments on a daily basis, thereby keeping inventory and operating cash flows healthy. The Company is only responsible for the distribution costs related to this new operation as franchisees are expected to cover renovation and merchandise expenses.

Our acquisition of Jinhua Boafa Logistic Ltd. ("Jinhua") at the end of December 2008 provides China 3C Group with an excellent logistics platform and competitive cost advantages to building out its franchise operations.

Jinhua has more than 70 logistics stations in Eastern China and Letong will rely on these stations to quickly, flexibly and cost-efficiently fulfill the needs of our franchisees.

Our 1,000+ store-in-store retail locations are expected to serve as key revenue and profit drivers for our business for the foreseeable future. However, we believe that the development of a retail franchise plan will allow us to diversify our revenue opportunity, increase the size and scale of our business, create operating leverage, enhance our market position, and further establish China 3C as a leading distributor and retailer of consumer electronics products in the Chinese marketplace. We look forward to further discussing this initiative in the coming months," concluded Mr. Wang.

About China 3C Group

China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com/ .

Forward-looking Statements: Certain statements set forth in this press release constitute "Forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements, including, without limitation, those under "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7 of our Annual Report on Form 10-K. In some cases these statements are identifiable through the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "can," "could," "may," "should," "will," "would" or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward-looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward-looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward-looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.

For more information, please contact: Jason Yuan, Vice President China 3C Group Email: ir@china3cgroup.com Bill Zima ICR, Inc. Tel: +1-203-682-8200

China 3C Group

CONTACT: Jason Yuan, Vice President of China 3C Group,
ir@china3cgroup.com; or Bill Zima of ICR, Inc., +1-203-682-8200, for China 3C

Web Site: http://www.china3cgroup.com/

eXpresso(TM), Covisint Team Up to Offer Microsoft(R) Office CollaborationPartnership to Market Real-time Document Sharing Application

MENLO PARK, Calif., March 13 /PRNewswire/ -- eXpresso Corporation, a pioneering provider of online community solutions for business, has reached agreement with Compuware Corporation . The agreement extends Covisint's collaboration platform and ecosystem to now include the eXpresso subscription-based service, enabling real-time Microsoft Excel collaboration globally.

eXpresso is an SaaS application that brings instant file control and distribution across Web-based computing platforms. eXpresso business communities (focused on Microsoft Office applications) use a patented invitation process and are governed by a system of rights and privileges. Changes to a file in eXpresso are documented in real time and generate an audit trail detailing changes down to the cell level.

Manufacturing Supply Communities are core constituencies of eXpresso. Covisint is the world's largest and most secure on-demand collaboration platform serving more than 45,000 organizations in the automotive, healthcare, financial and other manufacturing sectors. Users will be able to subscribe to the eXpresso service through Covisint and establish relationships with colleagues and vendors to share and collaborate on Office documents.

"The businesspeople who use Covisint already see the advantage of community collaboration in the Cloud. eXpresso extends that value by adding the capability to securely manage the application most organizations already rely on for many vendor relationships: Excel," says eXpresso CEO, George Langan. "eXpresso is a natural fit with both the Covisint platform and its users. This will dramatically extend our reach and rapidly introduce us to the businesses that need eXpresso the most."

"Covisint's on-demand collaboration platform helps business communities securely access, use and share time-sensitive information," said David McGuffie, President of Covisint. "This eXpresso partnership extends our core value in a unique way, enabling Covisint's hundreds of thousands of users to improve Excel collaboration globally between employees, suppliers, vendors, distributors and customers."

eXpresso is a subscription service priced at just $79 per year, per user. An unlimited number of documents can be stored online and shared with any number of other eXpresso subscribers. In February, eXpresso is adding support for PowerPoint and Word to its already popular Excel offering.

Covisint

Covisint's on-demand collaboration platform and cloud computing approach helps virtual communities securely access, use and share time sensitive information. Covisint solves business problems by streamlining and automating processes globally -- connecting state and nationally based communities, organizations and systems in the healthcare, automotive and financial services industries, as well as the public sector. Learn more about Covisint at http://www.covisint.com/.

Compuware Corporation

Compuware Corporation maximizes the value IT brings to the business by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/.

About eXpresso(TM)

eXpresso is a pioneering provider of managed business community solutions. The company offers secure, hosted online workspaces suitable for business collaboration, beginning with the Excel spreadsheet environment. eXpresso's unique capabilities leverage multiple homegrown, patent-pending technologies, enabling users to access, share, compare and collaborate on business information from any location. The privately-owned company is headquartered in Menlo Park, California. To learn more, visit http://www.expressocorp.com/.

eXpresso Corporation

CONTACT: Valerie Contino of SS|PR, +1-847-415-9307, vcontino@sspr.com,
for eXpresso Corporation

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

AT&T Earns No. 2 Spot on DiversityInc's List of Top 50 Companies for DiversityAT&T is also included on Three of DiversityInc's Specialty Lists for its Commitment to Diversity in the Workplace and Marketplace

DALLAS, March 13 /PRNewswire-FirstCall/ -- AT&T* today announced that it has once again been recognized for its longstanding commitment to diversity and inclusion across its global operations - most recently by DiversityInc, which named AT&T among its Top 50 Companies for Diversity in 2009. AT&T moved up 20 spaces in the 2009 rankings over last year - from 22nd to 2nd. AT&T is also included on three of DiversityInc's Top 10 specialty lists, ranking No. 7 among the Top 10 Companies for Recruitment & Retention; No. 1 among the Top 10 Companies for African Americans; and No. 8 among the Top 10 Companies for LGBT Employees.

This is the ninth year that DiversityInc has administered the Top 50 Companies survey - more than 400 companies vied for the honor this year, an increase of 14 percent over 2008. Last year, AT&T was included among The DiversityInc Top 10 Companies for Supplier Diversity because of its long history as a national supplier-diversity leader, which includes consistently expanding contracting opportunities for minority- and women-owned businesses.

"AT&T's commitment to diversity and inclusion is so deeply engrained in our culture that it's part of our DNA," said Cindy Brinkley, AT&T chief diversity officer. "The leaders and employees of AT&T have understood for more than a century that a genuine appreciation of differences contributes not only to the culture, but to the bottom line. At AT&T, where our vision is to connect people with their worlds everywhere they live and work, diversity and inclusion are not add-ons; they are cornerstones of our business plans and integral to our success. That's why our 300,000 employees are so gratified when that commitment is acknowledged and recognized by leading organizations like DiversityInc."

This latest recognition is the most recent of many AT&T has received for its commitment to diversity and inclusion:

-- The Human Rights Campaign Foundation recently recognized AT&T for its fair treatment to lesbian, bisexual and transgender employees, consumers and investors. -- AT&T has received a perfect 100 percent score in HRC's Corporate Equality Index every year since 2004 for its fully inclusive policies that include protection against discrimination, parity of health care benefits for domestic partners and other criteria. -- In 2008, AT&T was recognized as Company of the Year by LATINA Style magazine for being an employer of choice based on its consistent strength in the area of diversity. -- In addition, AT&T was ranked No. 1 among DiversityBusiness.com's 2008 Top 50 Organizations for Multicultural Business Opportunities, based on the quality of business opportunities that AT&T consistently grants to minority- and women-owned companies. This was the third straight year AT&T has topped the list; it has been included in the overall list every year since its inception nine years ago.

In fostering diversity and inclusion, AT&T seeks to create a better business environment, one that makes it an employer of choice, a preferred business partner and an important contributor to the community. AT&T's 50-state workforce is 44 percent female and 39 percent people of color. In 2008, AT&T spent $6 billion with diverse suppliers, representing 12 percent of its procurement base. AT&T's proven record of commitment to supplier diversity includes being one of only 15 corporations that qualify as a member of the prestigious Billion Dollar Roundtable - an elite group of corporations that spends more than $1 billion annually with diverse companies.

* 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/.

AT&T Inc.

CONTACT: Vanessa Astros of AT&T Inc., +1-713-513-9521,
vastros@attnews.us

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

Next Inning Technology Research Updates Outlooks for SanDisk, National Semiconductor, Qualcomm and Cree

PRINCETON, N.J., March 13 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, announced it has published a series of reports updating outlooks for SanDisk , National Semiconductor , Qualcomm , Cree and more.

Throughout this challenging period in the market, Editor Paul McWilliams has helped his subscribers identify uniquely positioned tech sector opportunities. These include a specialty semiconductor stock that has returned 86% since McWilliams added it to the Next Inning model portfolio late last year.

By taking a free test drive of Next Inning, you'll receive real-time notification of Next Inning model portfolio buy and sell orders, the seven Next Inning Paradigm Papers covering key, long-term tech trends, and the exclusive "2009 Guide to Undervalued Tech Stocks." These reports cover nearly 100 technology companies and are chock full of charts and ratings that identify potential big winners for 2009 and which stocks investors should avoid. To accept this offer, visit the following link:

https://www.nextinning.com/subscribe/index.php?refer=prn792

In his report covering National Semi's earnings report, McWilliams wrote, "National Semi released results for its February ending quarter Wednesday morning and followed with a rather interesting conference call. The short story here is that National Semi, like much of the U.S. analog semiconductor industry, is in the process of reinventing itself yet again."

McWilliams also looks at these topics:

-- Could SanDisk triple in value from current prices this year? Should investors be concerned about SanDisk's patent positioning?

-- Despite National Semi's positive tone on its recent conference call, should investors expect the company to traverse some rough patches in 2009?

-- Could Qualcomm carve out a niche in the burgeoning netbook market?

-- Should investors be concerned about the level of short interest in Cree stock? Is Cree's current valuation unreasonable?

Founded in September 2002, Next Inning's model portfolio has returned 135% since its inception versus 10% for the Nasdaq.

About Next Inning:

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

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

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

Indie Research Advisors, LLC

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

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

Satyam Announces Outcome of Board Meeting

HYDERABAD, India, March 13 /PRNewswire-FirstCall/ -- Satyam Computer Services Ltd. (Company) announced today that the process of registration of bidders, which ended yesterday, has received adequate response from Indian and international bidders, including private equity firms.

At its meeting today, Satyam's Board of Directors (Board) announced that it has taken steps to release the Request for Proposals (RFP) in the course of the day to all registered bidders.

The Board had requested the Former Chief Justice of India, Mr. S.P. Bharucha, to oversee and guide the Board throughout the selection process and he has kindly agreed. The Board met with Mr. Bharucha on March 11, 2009, in Mumbai and discussed the proposed process for the induction of a strategic investor.

Under the procedure finalized by the Board, the Expression of Interest (EOI) from interested bidders along with proof of funds of Rs. 1500 crores (US$290 million based on exchange rate of Rs. 51.635 to US$1) is expected to be received by 5:00 p.m. Indian Standard Time on Friday, March 20, 2009.

Bidders who have submitted compliant EOIs and executed certain pre-transaction documents, will have access to data and information regarding the Company to enable them to submit technical and financial bids.

A.S. Murty, CEO of the Company, briefed the Board on his recent visit to Singapore and Australia to meet with customers and Satyam associates. He will be making a trip to the U.S. for a similar purpose.

This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and its management, as well as financial statements. The Company does not intend to register any securities in the United States or to conduct a public offering of securities in the United States.

This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein, including statements regarding the global competitive bidding process, are subject to various risks and uncertainties and there can be no assurance that the Company will be able to find a qualified investor.

About Satyam

Satyam , a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in numerous industries across the globe. Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.

Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations. For more information, see http://www.satyam.com/.

For clarifications, write to us at MediaRelations@Satyam.com.

Satyam Computer Services Ltd.

CONTACT: U.S.: Jim Swords, +1-703-877-2225, james_swords@satyam.com,
Europe: Sandeep Thawani , +44-783-010-3838, Sandeep_Thawani@Satyam.com, or
Asia-Pacific: Dan Bleakman, +61-439-408-484, Dan@howorth.com.au, or Reshma Wad
Jan, +65-98-140-507, Reshma@wer1.net, all of Satyam

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

Celestica Inc. announces Expiration of Early Tender Date and Withdrawal Rights Deadline in Offer for its 7.875% Notes(All amounts in U.S. dollars)

TORONTO, March 13 /PRNewswire-FirstCall/ -- Celestica Inc. ("Celestica") (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that the Early Tender Date (as defined below) in respect of its previously announced modified "Dutch Auction" tender offer (the "Offer") for a portion of its outstanding 7.875% Senior Subordinated Notes due 2011 (the "Notes") expired at 5:00 p.m., New York City time, on March 11, 2009.

As of the Early Tender Date, Celestica received valid tenders from holders of $406.6 million in aggregate principal amount of the Notes at various bid prices within the acceptable bid price range of $960 to $1,010 per $1,000 principal amount. This represents 83.1% of the outstanding principal amount of the Notes. Holders who validly tendered and did not validly withdraw their Notes at or prior to the Early Tender Date will be eligible to receive the Early Tender Payment of $20 per $1,000 principal amount of Notes for Notes that are accepted for purchase by Celestica pursuant to the Offer, which amount is included in the bid price specified by such tendering holders.

Previously validly tendered Notes cannot be withdrawn after the Withdrawal Rights Deadline, which also occurred at 5:00 p.m., New York City time, on March 11, 2009, and holders who validly tender Notes after the Withdrawal Rights Deadline do not have withdrawal rights. The Offer will expire at 5:00 p.m., New York City time, on March 26, 2009, unless extended (the "Expiration Date").

Pursuant to the offer to purchase dated February 26, 2009 (the "Offer to Purchase"), holders of Notes may still tender their Notes after the Early Tender Date until the Expiration Date and still be eligible to receive the Tender Offer Consideration as determined pursuant to the Offer (but not the Early Tender Payment) to the extent Celestica accepts such Notes for purchase in the Offer.

The aggregate amount of Notes validly tendered and not withdrawn to date exceeds the Tender Cap ($150 million in aggregate principal amount of the Notes); therefore, Celestica will accept for purchase Notes validly tendered in the Offer on a prorated basis as described in the Offer to Purchase. Celestica will determine the final proration factor as promptly as practicable after the Expiration Date.

The terms and conditions of the Offer are described in the Offer to Purchase and in the related Letter of Transmittal. Questions regarding the Offer may be directed to Banc of America Securities LLC, Global Debt Advisory Services, the Dealer Manager for the Offer, at 888-292-0070 (U.S. toll-free) and 704-388-9217 (collect). Copies of the Offer to Purchase and Letter of Transmittal may be obtained from the Information Agent for the Offer, Global Bondholder Services Corporation, at 866-389-1500 (U.S. toll-free) and 212-430-3774 (collect).

This press release is for informational purposes only. This announcement does not constitute an offer to purchase or a solicitation of any offer to sell the Notes or any other securities. The Offer is being made solely by the Offer to Purchase and the related Letter of Transmittal.

The Offer does not constitute an offer to purchase Notes in any jurisdiction in which it is unlawful to make such offer under applicable securities or blue sky laws. In any jurisdiction in which the securities laws or blue sky laws require the Offer to be made by a licensed broker or dealer, the Offers will be deemed to be made on behalf of Celestica, as the case may be, by the Dealer Manager, or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

About Celestica ---------------

Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers' success. Through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. Committed to providing a truly differentiated customer experience, our agile and adaptive employees share a proud history of demonstrated expertise and creativity that provides our customers with the ability to overcome any challenge.

Safe Harbour and Fair Disclosure Statement ------------------------------------------

Statements contained in this press release which are not historical facts are forward-looking statements. Such forward-looking statements are predictive in nature, and may be based on current expectations, forecasts or assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from the forward-looking statements themselves. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions, or may employ such future or conditional verbs as "may", "will", "should," or "would," or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities legislation. Forward looking statements are not guarantees of future performance. Risks and uncertainties, as well as other information related to Celestica, are discussed in Celestica's various public filings at http://www.sedar.com/ and http://www.sec.gov/, including our Annual Report on Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission and our Annual Information Form filed with the Canadian Securities Commissions. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.

Celestica Inc.

CONTACT: Laurie Flanagan, Celestica Global Communications, (416)
448-2200, media@celestica.com; Paul Carpino, Celestica Investor Relations,
(416) 448-2211, clsir@celestica.com

$2.2 Billion American State Bank Becomes Summit's 400th In-House Customer

JEFFERSON CITY, Mo., March 13 /PRNewswire-FirstCall/ -- Summit Financial Solutions, Inc., an affiliate company of Computer Services, Inc. (CSI) (Pink Sheets: CSVI), today announced that it has sold Summit.NET(TM) Check 21-based Image Platform to its 400th in-house customer. With the American State Bank sale, the total number of banks that license individual Summit.NET modules such as Intelligent Branch Capture or Remote Deposit from Summit and its reseller/partners now exceeds 1,200 institutions.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081027/SFSLOGO )

With $2.2 billion in assets, American State Bank in Lubbock, Texas, is proud to be the 400th bank to purchase Summit.NET(TM). "When we investigated replacing our legacy Image system, Summit.NET was the only system that combined .NET technology with large bank features and runs in a single Integrated Platform," said Jody Taylor, SVP of American State Bank. "Summit.NET combines intelligent branch capture, image exchange, balancing and reconciliation functions in a single integrated solution."

"We consulted with our larger banks and data centers to understand what new features would best position Summit.NET to be the replacement product for aging legacy systems," said Ron Thill, President of Summit Financial Solutions. "The rapid acceptance by these institutions has been a major factor in Summit reaching the 400 bank milestone.

"The new Summit.NET Platinum release was developed utilizing the latest Microsoft development platform - Visual Studio 08," continued Thill. "Our new Platinum edition is fully compatible with all the new Windows operating systems, including Windows 7, scheduled to be released in June 2009."

In 2008, the company released Summit.NET Platinum which prompted strong order activity among multibillion dollar institutions and data centers. Summit.NET Platinum provides large institutions and data centers with a much more robust and easy-to-manage solution for handling large distributed capture networks than previous generation solutions.

About Summit Financial Solutions, Inc.

Summit Financial Solutions, Inc. is a developer and provider of payment processing software and services. Summit introduced the financial industry's first integrated check imaging solution based entirely on Microsoft's .NET platform. Summit.NET was the first system specifically built to handle the electronic image exchange requirements of Check 21. The Company's open data and image capture, exchange, remittance and lockbox solutions are in service at over 600 banks. Summit, a wholly owned subsidiary of Computer Services, Inc., is based in Jefferson City, Missouri. For more information about Summit, visit http://www.summitfs.net/.

Photo: http://www.newscom.com/cgi-bin/prnh/20081027/SFSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Summit Financial Solutions, Inc.

CONTACT: Craig Witbart, Executive Vice President of Sales of Summit
Financial Solutions, Inc., +1-314-576-0484, cwitbart@summitfs.net

Web Site: http://www.summitfs.net/

Thrive Selected as Finalist for Microsoft BizSpark Accelerator at SXSWLeading Free Financial Management Website JustThrive.com to Showcase Behavioral Budgeting in Innovative Web Technology Category

AUSTIN, Texas, March 13 /PRNewswire/ -- Thrive (http://www.justthrive.com/), a free personal financial advisory website, has been named a finalist in the Innovative Web Technology category for the inaugural Microsoft BizSpark Accelerator at SXSW, where early stage technology companies will demo their creations in front of judges and a live audience. Sponsored by Microsoft BizSpark, Moontoast, Mosso | The Rackspace Cloud, and Wilson Sonsini Goodrich & Rosati, more than 200 companies submitted to present at the Microsoft BizSpark Accelerator at SXSW, and 20 were chosen as finalists in four different categories: online video-related technologies, online music-related technologies, social networking, and innovative web applications.

The day-long event will be held Monday, March 16, on the sixth floor of the Downtown Austin Hilton. Thrive co-founders Avi Karnani and Ori Schnaps and Lead Scientist Matt Wallaert will present alongside eight other companies in the Innovative Web Technology category at 11:00 am.

At the event, Thrive will unveil plans for the industry's first behavioral budgeting capability. Rather than simply constructing budgets by using arbitrary dollar amounts, Thrive will analyze user spending and then construct a budget based on real behaviors, like dining out, bar hopping, or shopping for clothes. Behavioral budgeting then adjusts user budgets for both short and long term goals, like buying a new Palm Pre in the spring or saving for a house next year.

Let's imagine the budget tool looks at your credit card bill and sees that you usually eat out about 12 times a month, at an average of $15 per meal. That's $180. Thrive knows that your Palm purchase plan calls for saving $30 this month, so it eliminates two meals and gives you a "bank" of 10 eat-outs. You can position them on the calendar if they are scheduled or, as you eat your way through the month, Thrive will put them on the calendar for you and show them disappearing from your behavior bank.

"Thrive's mission has always been to give you more than charts and graphs that tell you about what you have done. We want to talk about what you can, and should, do. That means actionable advice that you can use to plan and improve your financial behavior, whether we're talking about next month or next year," explained Avi Karnani, Thrive co-founder. "We are honored to be recognized as an innovator at SXSW and even more excited about the opportunity to showcase how behavioral budgeting will help people make sense of their week-to-week spending in order to improve their financial health."

Guy Kawasaki, noted industry luminary and managing director of Garage Technology Ventures, and veteran technology journalist Brad King, will co-emcee the showcase. Judges will select a winner in each of the four categories, which will be revealed at 4:55 pm.

"The number and quality of submissions we received for the inaugural Microsoft BizSpark Accelerator at SXSW is certainly an indicator of the need for an event supporting tech startups vying for their big break, especially when times are tight," explained Microsoft BizSpark Accelerator at SXSW Coordinator, Chris Valentine. "We're confident that we've chosen a strong group of finalists, and look forward to giving them an opportunity to make their case in front of industry influencers, potential partners and investors."

For more information about Microsoft BizSpark Accelerator at SXSW and to view the complete list of finalists, visit the following site: http://sxsw.com/interactive/accelerator

About Thrive

Headquartered in New York City and part of the Tree.com family of sites, Thrive is a free financial management website helping you save more and spend less so you can accomplish your goals. We improve your financial health by helping you organize your accounts, understand your behaviors, and get personalized financial advice designed just for you. To start Thriving, go to http://www.justthrive.com/.

About Microsoft BizSpark Accelerator at SXSW

Scheduled Monday, March 16, from 10:00 am to 5:30 pm on the sixth floor of the Downtown Austin Hilton, the 2009 Microsoft BizSpark Accelerator at SXSW showcases some of the web's most exciting new innovations, enabling the entrepreneurial visionaries behind these new products to demo their creations in front of a live audience of industry professionals and technology trend-setters. Microsoft BizSpark Accelerator at SXSW is divided into four categories that demonstrate the various strengths of SXSW - online video-related technologies, online music-related technologies, social networking and innovative web applications.

About the SXSW Interactive Festival Scheduled March 13-17 in Austin, Texas, the 2009 SXSW Interactive Festival provides practical how-to information as well as unparalleled career inspiration, bringing together some of emerging technology's most creative thinkers. The event features five days of keynote sessions, more than 200 panels, the SXSW Web Awards, the Interactive and Film Trade Show & Exhibition, the ScreenBurn Arcade, the Microsoft BizSpark Accelerator at SXSW, and dozens of exciting evening events. Attracting digital creatives as well as visionary technology entrepreneurs, the event celebrates the best minds and the brightest personalities of emerging technology. For more information on SXSW Interactive, see http://www.sxsw.com/interactive.

Thrive

CONTACT: Dave Clarke, for Thrive, +1-609-279-0050 x 105, +1-703-819-6507
cell, dave@resoundmarketing.com, or Matt Wallaert, Thrive, +1-610-585-8076,
matt@loudwaterlabs.com

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

Media General Files Notice of 2009 Annual Meeting and Proxy Statement; Scott D. Anthony Nominated to Board of Directors

RICHMOND, Va., March 13 /PRNewswire-FirstCall/ -- Media General today filed its Notice of 2009 Annual Meeting and Proxy Statement with the Securities and Exchange Commission (SEC).

Scott D. Anthony, president of Innosight LLC, a consulting firm specializing in strategies for growth through innovation, has been nominated to stand for election to the Board of Directors at the Annual Meeting of Shareholders on April 23, 2009.

Mr. Anthony is well known in the media industry. In 2005-2006, he spearheaded a major project with the American Press Institute to help the newspaper industry address the challenges of transformation spurred by technology and changing customer preferences. He helped create the Newspaper Next process for researching and testing viable new business models. Media General was one of six companies selected for pilot projects when Newspaper Next was introduced.

"Innovation is critical to Media General as we transform our business in the digital world," said Marshall N. Morton, president and chief executive officer. "We are delighted that Scott Anthony has agreed to serve on the Board of Directors as we work to take full advantage of the opportunities presented by the Internet and the mobile frontier. Media General had an early recognition of the power of the Internet and we look forward to having Scott's insight as we accelerate our initiatives for online and mobile services growth."

Media General directors standing for re-election to the Board are: J. Stewart Bryan III, chairman; O. Reid Ashe, Jr., Diana F. Cantor, Marshall N. Morton, Thompson L. Rankin, Rodney A. Smolla, Walter E. Williams and Coleman Wortham III.

Three directors nominated in 2008 by Harbinger Capital Partners were not re-nominated by the Board. Harbinger Capital Partners is no longer a significant shareholder of Media General.

Mr. Anthony, 34, serves as a consultant to a number of Fortune 500 and start-up companies. He was a partner at Innosight from 2003 to 2005, was named managing director in 2006 and became the firm's president in 2007. He has written three books on innovation and is a featured speaker on the topics of growth and innovation. Mr. Anthony has also worked for McKinsey & Co., Aspen Technology, WorldSpace Corporation and Harvard Professor Clayton Christensen. He received a BA in economics from Dartmouth College and an MBA from Harvard Business School.

Media General said that it is taking advantage this year of the SEC's "Notice and Access Rule" that allows companies to furnish proxy materials to shareholders using the Internet. The "e-proxy" approach aligns with the company's business moving into the digital world, reduces overall expense and supports the environment. The Annual Meeting will be held on April 23, 2009 at 11 a.m. at the Richmond Newspapers Production Facility, 8460 Times-Dispatch Blvd., Mechanicsville, Va.

The Notice of Annual Meeting, Proxy Statement and 2008 Annual Report have been posted to the company's Web site at http://www.mediageneral.com/. In addition, the company has posted its annual video report to employees on its Web site so that interested shareholders, reporters and others may have the opportunity to hear senior management discuss the many ways Media General is facing the challenges of the global recession and positioning the company for improved future performance and success.

About Media General

Media General is a leading provider of local news, information and entertainment over multiple media platforms. The company serves markets primarily in the Southeastern United States. Media General publishes 24 daily newspapers, including The Tampa Tribune, Richmond Times-Dispatch, and Winston-Salem Journal; and community newspapers in Virginia, North Carolina, Florida, Alabama and South Carolina; plus more than 250 weekly newspapers and other targeted publications. The company owns and operates 19 network-affiliated television stations that reach approximately 30 percent of the television households in the Southeast and nearly 9 percent of those in the United States. The company's interactive media operations include Web sites and portals that are associated with each of its newspapers and television stations as well as with many specialty publications, and two growing interactive advertising services companies, Blockdot, Inc. and DealTaker.com.

Media General

CONTACT: Investors, Lou Anne Nabhan, +1-804-649-6103, or Media, Ray
Kozakewicz, +1-804-649-6748, both of Media General

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

Klegg Electronics, Inc.'s Wholly-Owned Subsidiary Begins Servicing the Phoenix Foreclosure Market

LAS VEGAS, March 13 /PRNewswire-FirstCall/ -- Klegg Electronics, Inc. (Pink Sheets: KLGG) is pleased to announce that its wholly-owned subsidiary, Pristine Preservation Group, has further expanded its operations into the Southwestern United States. The company has been receiving Initial Secure, Property Occupancy Check, and Full Trash Out\Janitorial Service work orders from realtors and banks in the state of Arizona. The company has recently hired several subcontractors to maintain properties throughout Maricopa County, Arizona, which includes cities such as Phoenix, Glendale, Scottsdale and Tempe. Pristine Preservation Group is a full-service property preservation company, based in Nevada, serving the region's property management companies as well as the mortgage, banking and real estate industries.

Pristine Preservation Group seeks out banking and mortgage companies as well as vendor management companies that are hired by banks to maintain foreclosed properties. Pristine Preservation Group specializes in a wide range of preservation services including damage estimates, lock changes, board-ups and winterizations. The company also performs extensive maintenance and repairs to the interior and exterior of the homes. Those repairs include installing new drywall, floors, light fixtures, plumbing, hardware replacements, appliance installation, cabinet and vanity replacement, and upgrades, as well as new and restorative roof repairs, hazardous waste removal and yard work.

"We are moving forward with plans to expand our operations throughout the U.S. in order to capitalize on the absence of preservation and maintenance services for bank owned real estate. We have had an overwhelming response from multiple banks and mortgage companies and look forward to increasing our presence in those States," stated Dennis Gentles, CEO of Klegg Electronics, Inc.

About Klegg Electronics, Inc.:

Klegg Electronics, Inc. is a property preservation company, which provides maintenance and preservation services to foreclosed homes, serving the mortgage banking and real estate industries. Klegg Electronics' proprietary tracking software and hardware is used to improve the Company's overall property preservation workflow and communications.

Safe Harbor Statement:

This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

Klegg Electronics, Inc.

CONTACT: Investor Relations of Klegg Electronics, Inc.,
1-866-THE-APPL(E)

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

China VoIP & Digital Telecom Inc. Subsidiary Successfully Hosts Virtualization Technology Conferences

JINAN, Shandong, China, March 13 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology Co., Ltd., the wholly owned subsidiary of China VoIP & Digital Telecom Inc. (BULLETIN BOARD: CVDT) , successfully hosted two virtualization technology conferences on February 27 and March 6, 2009, respectively.

The first conference was sponsored by Shandong Information Industry Department and hosted by Yinquan to promote Yinquan's virtualization applications. The other conference was jointly held by Vmware China and Yinquan, aiming to provide detailed information on virtualization technology to 30 potential customers.

About China VoIP & Digital Telecom Inc.

China VoIP & Digital Telecom Inc. offers Voice Over the Internet Protocol (VOIP) telecommunications services together with the virtualization technology application in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co., Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stages of other Information Technology products. More information can be found at http://www.chinavoip-telecom.com/ .

For more information, please contact: CVDT Investor Contacts Michelle Wong Tel: +86-531-8702-7114 Email: michellewong@yinquan.cn Great Wall Research LLC John Armstrong Tel: +1-203-536-1928 Email: jarmstrong@greatwallresearch.com

China VoIP & Digital Telecom Inc.

CONTACT: CVDT Investor Contacts - Michelle Wong, +86-531-8702-7114, or
michellewong@yinquan.cn; Or John Armstrong of Great Wall Research LLC,
+1-203-536-1928, or jarmstrong@greatwallresearch.com

Web site: http://www.chinavoip-telecom.com/

KeyCorp First Quarter 2009 Earnings Release Date and Conference Call

CLEVELAND, March 13 /PRNewswire-FirstCall/ -- KeyCorp will announce first quarter 2009 earnings on Tuesday, April 21, 2009. A conference call will be held at 9:00 a.m. ET to review financial results. The call may also include forward looking information on financial trends, asset quality and earnings outlook.

A live audio webcast of the conference call, as well as the earnings release and presentation materials will be available prior to the call at https://www.key.com/ir . If you are unable to join the live conference call, or wish to hear a re-broadcast, access https://www.key.com/ir and select Presentations.

For more information contact: Media: Bill Murschel, 216.828.7416, william_c_murschel@keybank.com

Investor Relations: Vern Patterson, 216.689.0520, vernon_patterson@keybank.com

Investor Relations: Chris Sikora, 216.689.3133, chris_sikora@keybank.com

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $105 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit www.key.com.

KeyCorp

CONTACT: Media: William C. Murschel, +1-216-828-7416,
william_c_murschel@keybank.com, Analyst: Vernon L. Patterson, +1-216-689-0520,
vernon_patterson@keybank.com, or Christopher F. Sikora, +1-216-689-3133,
chris_sikora@keybank.com, all for KeyCorp

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

GigaMedia 4Q: Net Income In-Line with Market Expectations

HONG KONG, March 13 /PRNewswire-Asia-FirstCall/ -- GigaMedia Limited today confirmed fourth-quarter 2008 net earnings were in-line with market expectations and announced it will report its full fourth-quarter and full-year 2008 financial results on Tuesday, March 31, 2009 before the market opens.

Management will hold an investor webcast on March 31, 2009 at 8:00 a.m. Eastern Daylight Time, which is 8:00 p.m. Hong Kong Time on March 31, 2009, to discuss GigaMedia's fourth-quarter and full-year 2008 performance. A link to the live and archived webcast will be available at http://www.gigamedia.com.tw/ .

About GigaMedia

GigaMedia Limited (Singapore registration number: 199905474H) is a major provider of online entertainment software and services. GigaMedia develops and licenses software for online gaming. GigaMedia also operates online games businesses including FunTown, a leading Asian casual games operator and the world's largest online MahJong game site in terms of revenue, and T2CN, a leading online sports game operator in China. More information on GigaMedia can be obtained from http://www.gigamedia.com.tw/ .

The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in June 2008.

GigaMedia Limited

CONTACT: Brad Miller, Investor Relations Director at Country/City Code
+886-2-2656-8016 or brad.miller@gigamedia.com.tw

Web site: http://www.gigamedia.com.tw/