BCE files annual report on Form 40-F

MONTREAL, Quebec, March 17 /PRNewswire-FirstCall/ -- (TSX, NYSE: BCE) today announced the filing of its 2008 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC). BCE's Form 40-F, which includes its audited financial statements for the year ended December 31, 2008, as well as a reconciliation of Canadian generally accepted accounting principles to United States generally accepted accounting principles, is available on BCE's website at http://www.bce.ca/ in the Investors section (under Financial Performance - Annual Reporting) and on the SEC's website at http://www.sec.gov/. Holders of BCE securities may receive a free printed copy of BCE's audited financial statements and of the related reconciliation by contacting BCE Investor Relations by telephone at 1 800 339-6353, by e-mail at investor.relations@bce.ca or in writing to 1 Alexander Graham Bell, Building A, 6th Floor, Verdun, Quebec, Canada H3E 3B3.

About BCE

BCE (TSX, NYSE: BCE) is Canada's largest communications company, providing the most comprehensive and innovative suite of communication services to residential and business customers in Canada. Operating under the Bell brand, the Company's services include Bell Home Phone local and long distance services, Bell Mobility and Solo Mobile wireless, high-speed Bell Internet, Bell TV direct-to-home satellite and VDSL television, IP-broadband services and information and communications technology (ICT) services. BCE shares are listed in Canada and the United States. For corporate information on BCE, please visit http://www.bce.ca/. For Bell product and service information, please visit http://www.bell.ca/.

BCE & BELL CORPORATE & FINANCIAL

CONTACT: Media inquiries: Jacques Bouchard, Bell Media Relations, (514)
391-2007, 1-877-391-2007, jacques.bouchard1@bell.ca; Investor inquiries: Thane
Fotopoulos, BCE Investor Relations, (514) 870-4619, thane.fotopoulos@bell.ca

Stream Global Services Announces December 31, 2008 Fourth Quarter and Year End Financial ResultsFourth Quarter Gross Margins increased to 40% in Q4 2008 as compared to 33% in Q4 2007 for Predecessor Company

BOSTON, March 17 /PRNewswire-FirstCall/ -- Stream Global Services, Inc. , a leading provider of customer relationship management and other business process outsourcing services ("Stream"), today reported consolidated financial results for its 2008 fourth quarter and year end.(1)

GAAP Consolidated Results

On July 31, 2008, Stream (formerly known as Global BPO Services Corp.), a development stage company completed its acquisition of Stream Holdings Corporation ("SHC").

On a GAAP basis revenue for the three and twelve-month periods ended December 31, 2008 was $129.8 million and $211.4 million, respectively, as compared to zero in the prior year for both periods.

GAAP net loss was $0.1 million for the three months ended December 31, 2008 as compared to net income of $1.1 million for the three months ended December 31, 2007. For the year ended December 31, 2008, GAAP net income was $0.8 million compared to net income of $1.1 million for the year ended December 31, 2007.

Pro Forma Combined Consolidated Results

On a pro forma combined consolidated basis, the Company posted record revenue for the year ended December 31, 2008 of $523.5 million compared to $483.6 million for the prior year ended December 31, 2007. For the fourth quarter ended December 31, 2008, revenue was $129.8 million compared to $137.9 million for the fourth quarter ended December 31, 2007.

Stream's gross profit as a percentage of revenue increased to 37% in the year ended December 31, 2008 compared to 34% in the year ended December 31, 2007. For the three month period ended December 31, 2008, gross profit as a percentage of revenue improved to 40% compared to 33% for the three months ended December 31, 2007.

For the three months ended December 31, 2008, adjusted earnings before interest taxes depreciation and amortization ("Adjusted EBITDA") increased 80% to $11.5 million compared to $6.4 million in the year-earlier period. Adjusted EBITDA increased 44% to $31.7 million in the year ended December 31, 2008 as compared to $22.0 million in the year earlier period (see attached Reconciliation of GAAP to non-GAAP Information).

2008 Accomplishments

Scott Murray, Chairman and Chief Executive Officer of Stream said; "Since our purchase of SHC on July 31, 2008, we have made tremendous progress in building our client relationships and strengthening our performance with our global clients by improving operating metrics that they consider key to the success of their businesses. We have substantially improved the financial performance of Stream by focusing on operations, growing our existing accounts and adding new logos, opening new global centers for service and attracting many industry veterans back to Stream to join our management team. "

Our 2008 accomplishments included the following: -- We consummated the acquisition of SHC on July 31, 2008. The purchase was valued at $128.8 million for accounting purposes (which reflected the $200 million purchase price less assumed indebtedness and other transaction related costs). In connection with the acquisition we completed a $108 million asset backed revolving credit facility. -- We issued 150,000 shares of our Series A Convertible Preferred Stock, for an aggregate purchase price of $150 million to Ares Corporate Opportunities Fund II, L.P. ("Ares"). Ares then became our largest stockholder with approximately 73% effective ownership. -- We completed a self-tender offer and a share redemption pursuant to which we purchased a total of 29.6 million shares of our common stock for approximately $236 million. -- We expanded operations into new geographies such as El Salvador, the Philippines and Egypt. We also increased our presence in India to over 1500 seats. -- We have sold a number of new logo clients representing over $70 million of annualized revenues on a full year basis once fully implemented. -- Over 35 industry veterans have returned to SGS in various senior management positions in areas such as client management and sales, operations and other areas of administration.

Murray concluded, "During 2009, we expect to build on the operating improvements made in the fourth quarter to streamline our business. At the same time, we have upgraded both the quality and the quantity of our sales force, and are committed to increasing our market penetration."

For further information please contact: Stephen Farrell, Executive Vice President & Chief Financial Officer at 781-304-1800 or stephen.farrell@stream.com

_______________________________

(1) On July 31, 2008, Stream Global Services, Inc. ("SGSI") (formerly known as Global BPO Services Corp.) completed its acquisition of Stream Holdings Corporation ("SHC"). As a result, the preliminary consolidated condensed statements of operations include the results of operations of SGSI for all periods presented, and of SHC for only the period from July 31, 2008 through December 31, 2008. The balance sheet at December 31, 2008 includes the balances of SGSI, including its wholly owned subsidiary SHC. These financial results also include non-GAAP pro forma combined results of operations for SGSI and SHC as if they had been combined since January 1, 2007. The pro forma combined consolidated condensed statements of operations are presented because management believes they reflect Stream's ongoing business in a manner that allows meaningful period-to-period comparisons. Prior to July 31, 2008, SGSI was a blank check company formed for the purpose of seeking to acquire an operating company. Accordingly, we had no revenues prior to July 31, 2008 because we were in the development stage.

About Stream Global Services, Inc. Stream Global Services, Inc. is a leading provider of integrated business process outsourcing services such as technical support, customer retention and recovery services, warranty support, customer care, sales services, credit and collections, subscription management and other professional services for Fortune 1,000 clients in the technology, software, computing, consumer electronics, media and communications sectors. Stream has more than 17,000 technical and customer care professionals and other employees across 33 service solution centers in 18 countries.

Safe Harbor. This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including forward-looking statements regarding our business objectives and our belief about a reversal in a deferred tax liability provision. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including, without limitation, risks relating to: our ability to maintain and win additional client business, continue to maintain our operating performance and margin expansion, continue to have sufficient capital to grow and maintain our business, retain our management team and effectively operate a global franchise across multiple jurisdictions plus other risks detailed in our filings with the SEC, including those discussed in the Company's annual report filed with the SEC on Form 10-K for the year ended December 31, 2008.

Stream does not intend, and disclaims any obligation, to update any forward-looking information contained in this release or with respect to the announcements described herein, even if its estimates change.

The required reconciliations and other disclosures for all non-GAAP measures used by the Company are set forth in a schedule in this press release, in the Current Report on Form 8-K furnished to the SEC on the date hereof.

References to the financial information included in this news release reflect rounded numbers and should be considered approximate values.

Non-GAAP Financial Information. This release contains non-GAAP financial measures. These non-GAAP financial measures, which are used as measures of Stream's performance or liquidity, should be considered in addition to, not as a substitute for, measures of Stream's financial performance or liquidity prepared in accordance with GAAP. Non-GAAP financial measures may be defined differently from time to time and may be defined differently than similar terms used by other companies, and accordingly, care should be exercised in understanding how Stream defines non-GAAP financial measures in this release.

Where specified in the accompanying schedules for various periods entitled "Reconciliation of GAAP to Non-GAAP Information," certain items noted on each such specific schedule are excluded from the non-GAAP financial measures.

Stream's management uses the non-GAAP financial measures in the accompanying schedules to gain an understanding of Stream's comparative operating performance (when comparing such results with previous periods or forecasts) and future prospects and excludes the items described above from its internal financial statements for purposes of its internal budgets and each reporting segment's financial goals. These non-GAAP financial measures are used by Stream's management in their financial and operating decision-making because management believes they reflect Stream's ongoing business in a manner that allows meaningful period-to-period comparisons. Stream's management believes that these non-GAAP financial measures provide useful information to investors and others in (a) understanding and evaluating Stream's current operating performance and future prospects in the same manner as management does, if they so choose, and (b) in comparing in a consistent manner the Company's current financial results with the Company's past financial results.

All of the foregoing non-GAAP financial measures have limitations. Specifically, the non-GAAP financial measures that exclude the items noted above do not include all items of income and expense that affect Stream's operations. Further, these non-GAAP financial measures are not prepared in accordance with GAAP, may not be comparable to non-GAAP financial measures used by other companies and do not reflect any benefit that such items may confer on Stream. Management compensates for these limitations by also considering Stream's financial results in accordance with GAAP.

For more information contact: Stephen Farrell, EVP and Chief Financial Officer, 781-304-1815, stephen.farrell@stream.com STREAM GLOBAL SERVICES, INC. CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (in thousands, except per share data) Period Ended Three Months Year June 26, 2007 Ended December Ended to December 31 December 31 31 -------------- ----------- ------------- 2008 2007 2008 2007 ---- ---- ---- ---- Revenue $129,836 $- $211,373 $- -------- --- -------- --- Gross profit 52,087 - 83,095 - ------ --- ------ --- Operating expenses: Selling, general and administrative expenses 40,689 224 66,884 242 Depreciation and amortization expense 6,986 - 10,982 - ----- --- ------ --- Income (loss) from operations 4,412 (224) 5,229 (242) Interest expense (income) and other financial costs 2,028 (2,119) (926) (2,119) ----- ------- ----- ------- Income (loss) before provision for income taxes 2,384 1,895 6,155 1,877 Provision for Income taxes 2,530 760 5,359 760 ----- --- ----- --- Net income (loss) $(146) $1,135 $796 $1,117 Preferred stock beneficial conversion feature, accretion and dividends 1,359 - 51,958 - ----- --- ------ --- Net income (loss) available to common shareholders: (1,505) 1,135 (51,162) 1,117 ======= ===== ======== ===== Basic and Diluted income (loss) per share $(0.16) $0.05 $(2.20) $0.07 ======= ===== ======= ===== Shares used in computing per share data: Basic and Diluted shares 9,462 25,093 23,258 16,189 STREAM GLOBAL SERVICES, INC. CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) (in thousands) (Predecessor SHC) December 31, December 31, December 31, (in thousands) 2008 2007 2007 Assets Current assets: Cash and cash equivalents $10,660 $247,461 $12,581 Accounts receivable, net 109,385 - 115,794 Other current assets 26,811 1,065 10,539 ------ ----- ------ Total current assets 146,856 248,526 138,914 Equipment and fixtures, net 41,634 27 36,656 Goodwill, intangible assets, and other long- term assets 141,455 165 17,846 ------- --- ------ Total assets $329,945 $248,718 $193,416 ======== ======== ======== Liabilities and Stockholders' Equity Current liabilities $79,392 $8,563 $148,685 Long-term debt 63,624 - 22,294 Other long-term liabilities 39,267 - 15,085 ------ --- ------ Total liabilities 182,283 8,563 186,064 Common stock subject to conversion - 73,875 - Stockholders equity and preferred stock * 147,662 166,280 7,352 ------- ------- ----- Total liabilities and stockholders' equity $329,945 $248,718 $193,416 ======== ======== ======== * December 31, 2008 includes $145,911 of redeemable convertible preferred stock Note: Prior to July 31, 2008 SGS was a development stage company and had no operations STREAM GLOBAL SERVICES, INC. PRO FORMA COMBINED CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (in thousands) Three Months Years Ended Ended December 31, December 31, ------------------ ------------ 2008 2007 2008 2007 ---- ---- ---- ---- (Non-GAAP) Revenue $129,836 $137,924 $523,458 $483,569 Direct costs of revenue 77,749 91,918 330,955 320,935 ------ ------ ------- ------- Gross profit 52,087 46,006 192,503 162,634 ------ ------ ------- ------- Gross profit as a percentage of revenue 40% 33% 37% 34% Operating expenses: Selling, general and administrative expenses 40,593 39,609 160,824 143,117 Stock based compensation expense 96 701 1,330 1,013 Depreciation and amortization expense 6,986 5,426 24,359 19,550 ----- ----- ------ ------ 47,675 45,736 186,513 163,680 Income (loss) from operations 4,412 270 5,990 (1,046) Interest expense (income) and other financial costs 2,028 2,026 7,952 7,695 ----- ----- ----- ----- Income (loss) before provision for income taxes 2,384 (1,756) (1,962) (8,741) Provision for income taxes 2,530 2,598 9,697 5,938 ----- ----- ----- ----- Net income (loss) $(146) $(4,354) $(11,659) $(14,679) ====== ======= ========= ========= Pro Forma Adjusted EBITDA Income (loss) from operations $4,412 $270 $5,990 $(1,046) Depreciation and Amortization 6,986 5,426 24,359 19,550 Stock-based compensation expenses 96 701 1,330 1,013 Facility closure costs - - - 2,467 --- --- --- ----- Pro Forma Adjusted EBITDA $11,494 $6,397 $31,679 $21,984 ======= ====== ======= ======= STREAM GLOBAL SERVICES, INC. RECONCILIATION OF GAAP TO NON-GAAP PRO FORMA INFORMATION (Unaudited) (in thousands) Three Months Ended Years Ended December 31, December 31, --------------- ------------- 2008 2007 2008 2007 ---- ---- ---- ---- Net Income (loss) $(146) $1,135 $796 $1,117 Add (deduct) items to reconcile to non-GAAP adjusted EBITDA: Provision for income taxes 2,530 760 5,359 760 Pro forma depreciation and amortization 6,986 5,426 24,359 19,550 Interest expense (income) and financial costs 2,028 (2,119) (926) (2,119) Stock-based compensation expenses 96 701 1,330 1,013 Operating income (loss) from SHC for the period prior to the acquisition of July 31, 2008, excluding depreciation and amortization - 494 761 1,663 --- --- --- ----- Pro Forma Adjusted EBITDA $11,494 $6,397 $31,679 $21,984 ========================= ======= ====== ======= ======= STREAM GLOBAL SERVICES, INC. STATEMENT OF OUTSTANDING COMMON STOCK EQUIVALENTS AND WARRANTS AS OF DECEMBER 31, 2008 (Unaudited) (in thousands) Shares or warrants outstanding Percentage ------------ ---------- Common share equivalents outstanding: Common shares held by founding stockholders subject to resale restrictions 7,813 22.48% Common shares held by employees subject to resale restriction 93 0.27% Common shares held by institutional investor 1,250 3.60% Common shares held by other public investors 302 0.87% ----- ----- Common shares outstanding 9,458 27.21% Common share equivalents from conversion of 150,000 preferred shares held by Ares at $6.00 per share conversion price 25,298 72.79% ------ ----- Total common share equivalents outstanding 34,756 100.00% ====== ======= Warrants and employee stock options outstanding: Publicly held warrants outstanding, exercisable at $6.00 per warrant into common shares 31,250 Ares held warrants outstanding, exercisable at $6.00 per warrant into common shares 7,500 Employee stock options, exercisable at $6.00 per share and not yet vested 3,210

Stream Global Services, Inc.

CONTACT: Stephen Farrell, EVP and Chief Financial Officer of Stream
Global Services, Inc., +1-781-304-1815, stephen.farrell@stream.com

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

Urban Outfitters Entrusts NeuStar with Web Performance Monitoring ServicesTop 500 e-retailer Selects Webmetrics Monitoring Service

STERLING, Va., March 17 /PRNewswire-FirstCall/ -- NeuStar, Inc. today announced that Urban Outfitters, an innovative specialty retail company, will utilize NeuStar's Webmetrics services to provide performance monitoring for some of their online brands, including Free People (http://www.freepeople.com/). Urban Outfitters has been ranked by Internet Retailer magazine as one of the largest 500 e-retailers (in terms of Web sales volume) in the United States.

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

Through its online presence, Urban Outfitters aims to translate its unique "lifestyle boutique" approach to the Web - and NeuStar's Webmetrics monitoring data and network alerts will help Urban Outfitters create a positive online experience for its savvy, cosmopolitan customer base. With NeuStar's Webmetrics website monitoring service, Urban Outfitters will be better equipped to identify, diagnose, and remedy problems before they result in downtime and lost revenues.

NeuStar's Webmetrics website monitoring service helps online retailers by simulating, tracking, and reporting on the performance that end users experience when visiting sites. Monitoring is conducted by NeuStar's Webmetrics' network of agents located in over 95 cities throughout the world, which provide a true view into a customer's experience regardless of location. The combination of NeuStar's broad Webmetrics agent network and sophisticated website monitoring technology results in a unique service that can measure performance from an end-user perspective, providing actionable reports and alerts for enhancing the online experience.

"Webmetrics performance monitoring helps us protect our online revenues by providing better service to our customers, while also improving our internal efficiency," said Keary McNew, Engineering Manager at Urban Outfitters, Inc., which encompasses the Urban Outfitters, Anthropologie, Free People, and Terrain brands. "The analysis, reports, and alerts help us identify, solve and prevent issues - and reduce support costs as a result."

"Urban Outfitters has established itself as a retailer of choice for the young and the stylish, and NeuStar is pleased to help support their brands on the Internet," said Alex Berry, senior vice president of NeuStar's Internet Infrastructure Services Group. "Online availability is critical to Urban Outfitters' retail operations, and the Webmetrics services play an essential role in measuring their site performance and validating 24/7 uptime."

About NeuStar and Webmetrics

NeuStar provides market-leading and innovative services that enable trusted communication across networks, applications, and enterprises around the world. Webmetrics is a NeuStar service that provides industry-leading collaborative performance management services for complex web ecosystems. Webmetrics website testing and monitoring services are used by companies to ensure online performance, competitive advantage, and a positive end-user experience. Visit http://www.neustar.biz/ and http://www.webmetrics.com/ for more information.

About Urban Outfitters

Urban Outfitters, Inc. is an innovative specialty retail company which offers a variety of lifestyle merchandise to highly defined customer niches through 142 Urban Outfitters stores in the United States, Canada, and Europe; a catalog and two web sites; 121 Anthropologie stores, a catalog, web site and Leifsdottir, Anthropologie's newly launched wholesale concept; and Free People wholesale which sells its product to approximately 1,500 specialty stores and select department stores; 30 Free People stores, a catalog and web site; and 1 Terrain garden center as of January 31, 2009.

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

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

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

ShengdaTech, Inc. to Place Strategic Growth Focus on NPCC Segment and Terminates Efforts to Acquire Jinan Fertilizer Co., Ltd.; To File Notification of Late Filing of Form 10-K

TAI'AN CITY, Shandong, China, March 17 /PRNewswire-Asia-FirstCall/ -- ShengdaTech Inc. ("ShengdaTech" or "the Company") , a leading manufacturer of nano precipitated calcium carbonate ("NPCC") in China, today announced that its Board of Directors has decided that the Company will no longer pursue the acquisition of Jinan Fertilizer Co., Ltd. ("Jinan Fertilizer") and to direct its resources to continue to grow their NPCC business.

As previously disclosed, the Company ceased operations at its coal-based chemical facility in Tai'an City on October 31, 2008 in compliance with the city government's direction because the chemical facility is now within the city's nonmanufacturing business zone. The Company had originally planned to acquire Jinan Fertilizer, a nitrogen fertilizer producer based in Jinan, the capital of Shandong Province, to consolidate the operations of its previous coal-based chemical business. The Board carefully evaluated short and long-term factors, including the effect of the current global economic crisis on the Jinan Fertilizer business, and concluded that the added pressure on selling prices of coal-based chemical products and the increased cost of raw materials have significantly reduced projected profit margins and therefore the acquisition would not be in the best interest of the Company and its shareholders.

"The slowdown of the global economy has adversely affected the Chinese economy, and we have observed a sharp decline in prices of chemical fertilizers in the recent months from their peak in August 2008. Additionally, higher coal prices have further pressured gross margins of coal-based chemical businesses in China," commented Mr. Xiangzhi Chen, President and CEO of ShengdaTech. "The acquisition of Jinan Fertilizer under current market conditions no longer presents an attractive investment opportunity for ShengdaTech. Considering the unstable market conditions, which, at this point show no signs of improving, and the unfavorable overall return on investment, we have decided not to further pursue the acquisition of Jinan Fertilizer. We believe the best current use of our resources and capital is to focus aggressively on our growing and far more profitable NPCC business as well as to pursue other available strategic opportunities."

The Company entered the NPCC market in 2001 and this segment of the business has grown to represent approximately 50% of total revenue in the first nine months of 2008. The growth of the NPCC business was due to strong demand for NPCC and the Company's capacity expansion which added 40,000 metric tons ("MT") in annual capacity in 2007 and another 60,000 MT in 2008, bringing total annual capacity to 190,000 MT. All of the Company's NPCC facilities are currently operating at 100% capacity utilization rate.

In 2009, as previously announced, the Company plans to further increase NPCC capacity by building a new location in Zibo, Shandong Province. The first phase at the Zibo facility is currently under construction and will add an additional 60,000 MT annual production capacity when it comes online in July or August 2009, bringing the Company's total annual NPCC production capacity to 250,000 MT. The Zibo location has the potential for another 180,000 MT of production capacity, which the Company intends to add based on market conditions. As of December 31, 2008, the Company had approximately $114.29 million in cash, which management believes is adequate to support the Company's working capital requirements and further expansion of the NPCC business.

"We expect the market demand for our NPCC products to continue. Despite the lower GDP outlook for China in 2009, our end-product markets have significant room for further penetration. In the current economic environment an increasing number of companies are seeking alternatives to reduce manufacturing costs. Our NPCC product presents an innovative solution to improve product performance and significantly reduce costs, thus allowing our end users to effectively compete in their markets," said Mr. Chen. "Based on current research commissioned by ShengdaTech and conducted by Frost & Sullivan, the worldwide NPCC market presents an attractive growth opportunity, and the Chinese market is expected to remain strong, with a projected 20% compounded annual growth rate 2007 to 2012. We will use our advanced production technology and increasing market demand to accelerate the development of the NPCC segment. We believe our exclusive patent-protected technology, customer-oriented R&D, and our reputation of leadership in the NPCC market provide us with strong competitive advantages in the industry. Our NPCC growth strategy in 2009 will focus on increasing our marketing and promotional efforts, expanding our sales coverage, actively searching for strategic acquisition targets, adding resources to our R&D team, and continuing our capacity expansion plans by completing the initial 60,000 MT of NPCC production in the new Zibo facility."

The Company also announced that it will file a Form 12b-25 (Notice of Late Fling) with the Securities and Exchange Commission (SEC) in lieu of its Form 10-K for the fiscal year ended December 31, 2008. The Company expects to file its Form 10-K no later than the fifteenth calendar day following the March 16, 2009 filing deadline. The extension is necessary in order to provide the Company additional time to evaluate the impact on its financial statements of the closing of its Tai'an City facility on October 31, 2008.

About ShengdaTech, Inc.

ShengdaTech is engaged in the business of manufacturing, marketing and selling nano-precipitated calcium carbonate ("NPCC") products. The Company converts limestone into NPCC using its proprietary technology co-developed with Tsinghua University. ShengdaTech is the only company possessing proprietary, patent-protected NPCC technology in China and sells the product for use in a wide range of manufacturing applications. In addition to its broad customer base in China, its NPCC products are exported to countries such as South Korea, Singapore, Malaysia, Vietnam, etc. For more information, contact CCG Investor Relations directly or go to ShengdaTech's website at http://www.shengdatechinc.com/ .

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release and oral statements made by ShengdaTech on its conference call in relation to this release, constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding the Company's ability to prepare for growth, the Company's planned manufacturing capacity expansion, outlook for its coal based chemical operations and predictions and guidance relating to the Company's future financial performance. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the tire industry, changes in composition of tires, changes to government regulations, risk associated with operation of the Company's new manufacturing facility, the ability to attract new customers, ability to increase its product's applications, ability of its customers to sell products, cost of raw material, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

For more information, please contact: CCG Investor Relations Crocker Coulson, President Tel: +1-646-213-1915 Email: crocker.coulson@ccgir.com Elaine Ketchmere, Partner and VP Financial Writing Tel: +1-310-954-1345 Email: elaine.ketchmere@ccgir.com Web: http://www.ccgirasia.com/

ShengdaTech, Inc.

CONTACT: Crocker Coulson, President, +1-646-213-1915, or
crocker.coulson@ccgir.com, or Elaine Ketchmere, Partner and VP Financial
Writing, +1-310-954-1345, or elaine.ketchmere@ccgir.com, both of CCG IR, for
ShengdaTech

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

Pomeroy IT Solutions, Inc. Reports Fourth Quarter and Full Year 2008 Results

HEBRON, Ky., March 17 /PRNewswire-FirstCall/ --

4Q08 Financial Highlights -- Q4 2008 revenues of $120.5 million, down 26% year-over-year (YOY) -- Q4 2008 gross profit of $16.2 million, up 48% YOY -- Q4 2008 gross profit margin was 13.5% compared to 6.8% in Q4 2007 -- Q4 2008 cash flow from operations was $23.3 million compared to $1.3 million in Q4 2007 -- Q4 2008 cash and investments of $31.9 million compared to $14.4 million in Q4 2007 Full year 2008 Financial Highlights -- 2008 revenues of $565.8 million, down 4% from 2007 -- 2008 gross profit of $69.8 million, up 19% over 2007 -- 2008 gross profit margin was 12.3% compared to 10.0% in 2007 -- 2008 net loss of $13.2 million compared to net loss of $112.2 million in 2007 -- 2008 cash flow from operations of $44.3 million compared to -($5.1) million in 2007

Pomeroy IT Solutions, Inc. an information technology ("IT") solutions provider with a comprehensive portfolio of hardware, software, technical staffing services, as well as infrastructure and lifecycle services, today reported revenues of $120.5 million for the fourth quarter of fiscal 2008, compared to $162.3 million for the fourth quarter of fiscal 2007. The Company reported fiscal 2008 revenues of $565.8 million compared to fiscal 2007 revenues of $586.9 million. The reported fiscal 2008 net loss of $(13.2) million, or $(1.13) per share compares to a fiscal 2007 net loss of $(112.2) million, or $(9.10) per share.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090213/POMEROYLOGO )

Chris Froman, President and CEO of Pomeroy IT Solutions, said "I am very pleased with our performance in the fourth quarter given the current economic climate. Pomeroy achieved its third consecutive quarter of operational profitability before the effect of non-recurring expenses. All three of Pomeroy's business lines increased their gross margin percentages in 4Q08 versus 3Q08 and also compared to 4Q07. Cash flow from operations in the fourth quarter was exceptional at $23.3 million. Our balance sheet is strong with $31.9 million in cash and investments, and Pomeroy has no debt other than our floor plan financing. We are well positioned to take advantage of any opportunities that may materialize in 2009."

CONSOLIDATED FINANCIAL RESULTS Fourth Quarter Financial Results Fourth Quarter 2008 versus Fourth Quarter 2007

Total Net Revenues: Total net revenues decreased $41.8 million or 25.8% in the fourth quarter of fiscal 2008, compared to the fourth quarter of fiscal 2007. For the fourth quarters of fiscal 2008 and fiscal 2007, the net revenues were $120.5 million and $162.3 million, respectively.

Product revenues were $78.4 million in the fourth quarter of fiscal 2008, a decrease of $27.9 million or 26.2% from the fourth quarter of fiscal 2007. This decrease was primarily due to continued delays in product purchases and deployments in several financial services and manufacturing industry accounts as a result of the challenging economic environment.

Service revenues were $42.0 million in the fourth quarter of fiscal 2008, a decrease of $13.9 million or 24.9% from the fourth quarter of fiscal 2007. The Company groups services sales into Technical Staffing and Infrastructure services. Technical Staffing Services support clients' project requirements, ensures regulatory and customer compliance requirements and fulfills interim and permanent staffing requirements of the staffing projects. Infrastructure Services help clients optimize the various elements of distributed computing environments. Encompassing the complete IT lifecycle, these services include desktop and mobile computing, server and network environments.

(in millions) For the Fourth Quarter Service Revenue Fiscal 2008 Fiscal 2007 Technical Staffing $13.8 $27.8 Infrastructure Services 28.2 28.1 Total Service Revenue $42.0 $55.9

Technical Staffing revenue decreased $14.0 million in the fourth quarter of fiscal 2008. This decrease is due to the Company's decision not to renew a technical services contract with a major customer in June 2008 because the terms required would have been unprofitable for the Company. Given the transfer of this business to other providers, we expect a decline of approximately $80 million in technical staffing revenue in fiscal 2009. Technical Staffing revenue accounted for approximately 32.9% of total service revenues in the fourth quarter of fiscal 2008, compared to 49.8% in the fourth quarter of fiscal 2007.

Infrastructure Service revenues increased slightly to $28.2 million in the fourth quarter of fiscal 2008 from $28.1 million in the fourth quarter of fiscal 2007. Infrastructure Service revenues accounted for approximately 67.1% of total service revenues in the fourth quarter of fiscal 2008, compared to 50.2% in the fourth quarter of fiscal 2007.

Gross Profit: Gross profit was $16.2 million in the fourth quarter of fiscal 2008, compared to $11.0 million in the fourth quarter of fiscal 2007. Gross profit margin, as a percentage of revenue, was 13.5% in the fourth quarter of fiscal 2008, compared to 6.8% in the fourth quarter of fiscal 2007.

Product gross profit was $8.2 million in the fourth quarter of fiscal 2008, compared to $8.0 million in the fourth quarter of fiscal 2007. Product gross profit margin as a percentage of product revenues increased to 10.4% in the fourth quarter of fiscal 2008, compared to 7.5% in the fourth quarter of fiscal 2007. This increase is due primarily to increased rebates from improved tracking of OEM partner promotional initiatives and from targeting more profitable growth segments such as networking, server, storage and peripherals.

Service gross profit was $8.0 million in the fourth quarter of fiscal 2008, compared to $3.0 million in the fourth quarter of fiscal 2007. Service gross profit margins increased to 19.2% in the fourth quarter of fiscal 2008, compared to 5.5% in the fourth quarter of fiscal 2007.

(in millions) For the Fourth Quarter Service Gross Profit Fiscal 2008 Fiscal 2007 Technical Staffing $2.0 $2.3 Infrastructure Services 6.0 0.7 Total Service Gross Profit $8.0 $3.0

Gross profit from Technical Staffing Services was $2.0 million in the fourth quarter of fiscal 2008, compared to $2.3 million in the fourth quarter of fiscal 2007. Gross profit margin increased to 14.8% in the fourth quarter of fiscal 2008 from 8.3% in the fourth quarter of fiscal 2007. This increase in gross margin is primarily due to greater use of higher-margin employees on staffing projects and less use of subcontractor resources. Given the non-renewal of the technical services contract with a major customer in June 2008, we expect a decline in technical staffing gross profit of approximately $6.2 million in fiscal 2009.

Gross profit from Infrastructure Services was $6.0 million in the fourth quarter of fiscal 2008 compared to $0.7 million in the fourth quarter of fiscal 2007 due to the increase in revenue related to new service engagements started at the beginning of 2008. Gross profit margin increased to 21.4% in the fourth quarter of fiscal 2008 from 2.6% in the fourth quarter of fiscal 2007. This increase in gross profit margin is primarily the result of increased utilization and productivity of infrastructure services technical resources along with $2.0 million of charges taken in the fourth quarter of fiscal 2007 for loss contracts.

Operating Expenses: Total operating expenses were $26.1 million in the fourth quarter of fiscal 2008, compared to $20.0 million in the fourth quarter of fiscal 2007, an increase of $6.1 million. The increase is primarily the result of the following.

-- During the fourth quarter of fiscal 2008, the Company recorded an accrued loss of $6.3 million on an operating lease for an aircraft because the Company determined the business use of this aircraft would be discontinued. -- During fiscal 2007, the Company initiated a project to replace its enterprise reporting system. During fiscal 2008, this project to replace the enterprise reporting system was suspended indefinitely due to general market and economic conditions, resulting in a charge of $2.5 million in the fourth quarter for costs associated with the project -- In the fourth quarter of fiscal 2008, the Company recorded expenses for payroll tax liabilities totaling $1.7 million. -- During the fourth quarter of fiscal 2008, Pomeroy recorded an intangible asset impairment charge of $0.7 million.

The increases in operating expenses in the fourth quarter of fiscal 2008 as set forth above are offset by expenses in the fourth quarter of fiscal 2007 associated with severance, non-recoverable transition costs on loss contracts and resolution of outstanding lawsuits totaling $2.6 million.

Income (Loss) from Operations: Loss from operations increased $0.8 million, to a loss of $9.8 million in the fourth quarter of fiscal 2008 from a loss of $9.0 million in the fourth quarter of fiscal 2007. The increase in loss from operations is the result of the increase in operating expenses as described above.

Other income (expense): Net other expense was $0.3 million in the fourth quarter of fiscal 2008 compared to $0.1 million in the fourth quarter of fiscal 2007. This increase in net other expense is primarily the result of a $0.2 million decrease in interest income due to reduced interest earned on cash balances in the fourth quarter of fiscal 2008, and fourth quarter fiscal 2008 foreign currency exchange losses of $0.2 million with no such losses in the fourth quarter of fiscal 2007. The foreign currency exchange losses resulted from fluctuations of the Canadian dollar compared to the U.S. dollar arising between the incurrence of expense and payment of liability for foreign-denominated payables by the Company's Canadian subsidiary.

Income Taxes: Income tax expense was $2.1 million in the fourth quarter of fiscal 2008, compared to $12.4 million in the fourth quarter of fiscal 2007. This fluctuation was principally related to $6.4 million and $15.0 million increases in the non-cash tax valuation reserves in the fourth quarter of fiscal 2008 and fiscal 2007, respectively, due to the uncertainty of future utilization of the deferred tax assets.

Net Income (Loss): Net loss was $12.3 million in the fourth quarter of fiscal 2008, compared to $21.4 million in the fourth quarter of fiscal 2007. The decrease in net loss is a result of the factors described above.

Other Fourth Quarter Financial Information - Working Capital $ 64.2 million - Cash Flow Generated by Operating Activities $ 23.3 million - Cash, Cash Equivalents and CD's $ 31.9 million - Capital Expenditures $ 0.1 million - Outstanding Floor Plan Financing $ 11.7 million - Book Value per Share $ 7.69 Full Year 2008 versus Full Year 2007

Total Net Revenues: Total net revenues decreased $21.1 million or 3.6% in fiscal 2008, compared to fiscal 2007. For fiscal 2008 and fiscal 2007, the net revenues were $565.8 million and $586.9 million, respectively.

Product revenues were $340.0 million in fiscal 2008, a decrease of $46.6 million or 12.1% from fiscal 2007. This decrease was primarily due to continued delays in product purchases and deployments in several financial services and manufacturing industry accounts as a result of the challenging economic environment.

Service revenues were $225.8 million in fiscal 2008, an increase of $25.5 million or 12.7% from fiscal 2007. The Company groups services sales into Technical Staffing and Infrastructure services. Technical Staffing Services support clients' project requirements, ensures regulatory and customer compliance requirements and fulfills interim and permanent staffing requirements of the staffing projects. Infrastructure Services help clients optimize the various elements of distributed computing environments. Encompassing the complete IT lifecycle, these services include desktop and mobile computing, server and network environments.

(in millions) Service Revenue Fiscal 2008 Fiscal 2007 Technical Staffing $106.2 $87.2 Infrastructure Services 119.6 113.1 Total Service Revenue $225.8 $200.3

Technical Staffing revenue increased $19.0 million in fiscal 2008. This increase is due to a shift in the mix of business from vendor managed services in which our revenue is fee-based to more gross revenue for services provided by a combination of employees and subcontractors. As previously disclosed, we elected not to renew a technical services contract with a major customer in June 2008 because the proposed terms would have been unprofitable for the Company. As a result of the loss of this business, we expect a decline of approximately $80 million in technical staffing revenue in fiscal 2009. Technical Staffing revenue accounted for approximately 47.0% of total service revenues, compared to 43.5% in fiscal 2007.

Infrastructure Service revenues increased $6.5 million in fiscal 2008, primarily due to new long-term service engagements started at the beginning of 2008 offset by a decline in short-term project engagements. Infrastructure Service revenues accounted for approximately 53.0% of total service revenues in fiscal 2008, compared to 56.5% in fiscal 2007.

Gross Profit: Gross profit was $69.8 million in fiscal 2008, compared to $58.6 million in fiscal 2007. Gross profit margin, as a percentage of revenue, was 12.3% in fiscal 2008, compared to 10.0% in fiscal 2007.

Product gross profit was $34.6 million in fiscal 2008, compared to $34.2 million in fiscal 2007. Product gross profit margin as a percentage of product revenues increased to 10.2% in fiscal 2008, compared to 8.9% in fiscal 2007. This increase is due primarily to the improvements as a result of increased rebates from improved tracking of OEM partner promotional initiatives and targeting more profitable growth segments such as networking, server, storage and peripherals.

Service gross profit was $35.2 million in fiscal 2008, compared to $24.4 million in fiscal 2007. Service gross profit margins were 15.6% in fiscal 2008, compared to 12.2% in fiscal 2007.

(in millions) Service Gross Profit Fiscal 2008 Fiscal 2007 Technical Staffing $11.7 $11.9 Infrastructure Services 23.5 12.5 Total Service Gross Profit $35.2 $24.4

Gross profit from Technical Staffing Services was $11.7 million for fiscal 2008, compared to $11.9 million for fiscal 2007. Gross profit margin decreased to 11.1% in fiscal 2008 from 13.7% in fiscal 2007. This decrease in gross margin is primarily the result of a shift in the mix of business from vendor managed services in which our revenue is fee-based to more gross revenue for services provided by a combination of employees and subcontractors. Given the non-renewal of the technical services contract with a major customer in June 2008, we expect a decline in technical staffing gross margin of approximately $6.2 million in fiscal 2009.

Gross profit from Infrastructure Services was $23.5 million for fiscal 2008 compared to $12.5 million for fiscal 2007 due to the increase in revenue related to new service engagements started at the beginning of 2008. Gross profit margin increased to 19.6% in fiscal 2008 from 11.0% in fiscal 2007. This increase in gross profit margin is primarily the result of increased utilization and productivity of infrastructure services technical resources offset by unprofitable customer contracts during the first quarter of 2008 that were exited during the second quarter of 2008.

Operating Expenses: Total operating expenses were $79.8 million in fiscal 2008, compared to $169.3 million in fiscal 2007, a decrease of $89.5 million. The decrease is primarily the result of the following.

-- In fiscal 2007, the Company recorded a goodwill impairment charge of $98.3 million. -- In fiscal 2007, the Company recorded $3.5 million for bad debt expense compared to $1.1 million in fiscal 2008. The bad debt allowance reflects the Company's history of charge-offs and the current composition of its accounts receivable portfolio. -- In fiscal 2007, the Company recorded a charge of $2.1 million to write-off certain software and to reflect a change in the remaining useful life of other existing software due to the initiation of a project to replace its enterprise reporting system. -- In fiscal 2007, the Company recorded charges of $0.3 for non-recoverable transition costs on loss contracts, and $3.0 million for the resolution of certain outstanding lawsuits and payments of earn-out compensation. -- In fiscal 2007, the Company recorded costs of $1.2 million primarily related to a contested Proxy solicitation.

The decreases from fiscal 2007 operating expenses as set forth above were offset by an increase in operating expenses in fiscal 2008 of the following:

-- In fiscal 2008, the Company recorded an accrued loss of $6.3 million on an operating lease for an aircraft because the Company determined the business use of this aircraft would be discontinued. -- In fiscal 2008, the Company recorded a charge of $2.5 million related to the purchase of an ERP software system in October 2007. The Company began designing the ERP software system in fiscal 2007, but temporarily suspended design and development activities during the quarter ended July 5, 2008. The project was ultimately suspended indefinitely due to the challenging economic environment as it was expected this project would require approximately $5.5 million of additional expenditures to complete. -- In fiscal 2008, the Company recorded an accrual of $1.7 million related to payroll tax liability matters. -- In fiscal 2008, the Company recorded severance charges of $1.7 million compared to $0.4 million in fiscal 2007. -- In fiscal 2008, the Company recorded an intangible asset impairment charge of $0.7 million. -- In fiscal 2008 the Company recorded a net charge of approximately $0.5 million to reserve against the collection of amounts incorrectly billed by subcontractors in our technical staffing business for years 2005 and 2006. -- In fiscal 2008, the Company reflected increases in operating expenses primarily driven by an increase of $4.4 million in personnel-related costs, and related selling, general and administrative expenses, to support our product and service businesses and investments to improve customer, vendor and back office support functions.

Income (Loss) from Operations: Loss from operations decreased $100.6 million, to a loss of $10.0 million in fiscal 2008 from a loss of $110.6 million in fiscal 2007. The decrease in loss from operations is the result of the increase in gross profit and decrease in operating expenses, as described above.

Other income (expense): Net other expense was $1.0 million in fiscal 2008 compared to $0.2 million during fiscal 2007. This increase in net other expense is primarily the result of a $0.7 million decrease in interest income due to reduced interest earned on cash balances in fiscal 2008, decrease in interest income on tax refunds and fiscal 2008 foreign currency exchange losses of $0.2 million with no such losses in fiscal 2007. The foreign currency exchange losses resulted from fluctuations of the Canadian dollar compared to the U.S. dollar arising between the incurrence of expense and payment of liability for foreign-denominated payables by the Company's Canadian subsidiary. In addition the Company had amounts outstanding under its credit facility due to the timing of payments of accounts payables and payroll and collections of receivables

Income Taxes: Income tax expense was $2.1 million in fiscal 2008, compared to $1.4 million for fiscal 2007. This fluctuation was principally related to permanent differences associated with goodwill impairment charges during fiscal 2007, and $6.6 million and $15.0 million increases in the non-cash tax valuation reserves in fiscal 2008 and fiscal 2007, respectively, due to the uncertainty of future utilization of the deferred tax assets.

Net Income (Loss): Net loss was $13.2 million in fiscal 2008, compared to $112.2 million in fiscal 2007. The decrease in net loss is a result of the factors described above.

Non-GAAP Measures

This press release includes a quote that Pomeroy was operationally profitable in 4Q08 before the effect of non-recurring charges. Operational profitability was based upon the exclusion of the following 4Q08 charges:

-- $6.3 million for an operating lease on an aircraft whose business use is discontinued -- $2.5 million for costs associated with the indefinite suspension of an ERP project -- $1.7 million in payroll tax liabilities -- $0.7 million in impairment of intangible assets -- $0.3 million in sales taxes -- $2.1 million in income tax expense resulting from an increase in the valuation allowance in excess of the increase in deferred tax assets.

We believe that these non-recurring charges are extraordinary and that their exclusion enables more meaningful comparisons of our operating performance trends to both management and investors.

CONFERENCE CALL

To participate in a conference call and questions and answer session with senior management regarding the fourth quarter and full year fiscal 2008 results, call 1-888-260-6133, using conference identification number 89939139 at 4:30 p.m. (ET) on Tuesday, March 17, 2009. For your convenience, a replay will be available shortly after the call by dialing 1-800-642-1687 and referencing the conference identification number above.

ABOUT POMEROY IT SOLUTIONS, INC.

Pomeroy IT Solutions, Inc. is a leading provider of IT infrastructure solutions focused on enterprise, network and end-user technologies. Leveraging its core competencies in IT Outsourcing and Professional Services, Pomeroy delivers consulting, deployment, operational, staffing and product sourcing solutions through the disciplines of Six-Sigma, program and project management, and industry best practices. Pomeroy's consultative approach and adaptive methodology enables Fortune 2000 corporations, government entities, and mid-market clients to realize their business goals and objectives by leveraging information technology to simplify complexities, increase productivity, reduce costs, and improve profitability. For more information, go to http://www.pomeroy.com/.

FORWARD-LOOKING STATEMENTS

Certain of the statements in the preceding paragraphs regarding financial results constitute forward-looking statements. These statements relate to future events or to our future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our markets' actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements, expressed or implied by such forward-looking statements. These risks, and other factors you should specifically consider, include but are not limited to: continued adverse and uncertain U.S. and global economic conditions; changes in customer demands or industry standards; existing market and competitive conditions, including the overall demand for IT products and services; changes in pricing pressures on products; the nature and volume of products and services anticipated to be delivered; the mix of the products and services businesses; the type of services delivered; the ability to fully utilize personnel and increase the use of higher-margin service employees; the ability to successfully attract and retain customers, sell additional products and services to existing customers; the ability to timely bill and collect receivables; the ability to maintain effective internal control over the Company's financial reporting systems; the ability to avoid non-profitable service contracts; the ability to maintain a broad customer base to avoid dependence on any single customer; the need to successfully attract and retain outside consulting services; new acquisitions by the Company; terms of vendor agreements and certification programs and the assumptions regarding the ability to perform there under; the ability to implement the Company's best practices strategies; the ability to manage costs and expenses; the ability to manage risks associated with customer projects; loss of key personnel; litigation; and the ability to attract and retain technical and other highly skilled personnel. In some cases, you can identify forward-looking statements by such terminology as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential", "continue", "projects", "intends", "prospects", "priorities", or negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.

POMEROY IT SOLUTIONS, INC. CONSOLIDATED BALANCE SHEETS (in thousands) January 5, January 5, 2009 2008 ASSETS Current Assets: Cash and cash equivalents $30,787 $13,282 Certificates of deposit 1,142 1,113 Accounts receivable: Trade, less allowance of $3,233 and $3,522, respectively 89,654 140,167 Vendor, less allowance of $293 and $562, respectively 1,299 11,352 Net investment in leases 74 756 Other 622 1,288 Total receivables 91,649 153,563 Inventories 7,890 15,811 Other 3,861 10,196 Total current assets 135,329 193,965 Equipment and leasehold improvements: Furniture, fixtures and equipment 14,040 15,180 Leasehold Improvements 5,055 7,262 Total 19,095 22,442 Less accumulated depreciation 12,748 12,645 Net equipment and leasehold improvements 6,347 9,797 Intangible assets, net 752 2,017 Other assets 559 805 Total assets $142,987 $206,584 POMEROY IT SOLUTIONS, INC. CONSOLIDATED BALANCE SHEETS (in thousands) January 5, January 5, 2009 2008 LIABILITIES AND EQUITY Current Liabilities: Floor plan financing $11,709 $25,949 Accounts payable - trade 30,774 57,395 Deferred revenue 1,557 1,949 Employee compensation and benefits 7,081 10,248 Accrued facility closing cost and severance 1,149 1,678 Other current liabilities 18,839 15,542 Total current liabilities 71,109 112,761 Accrued facility closing cost and severance, net of current portion - 1,056 Equity: Preferred stock, $.01 par value; authorized 2,000 shares, (no shares issued or outstanding) - - Common stock, $.01 par value; authorized 20,000 shares, (13,693 and 13,513 shares issued, respectively) 142 140 Paid in capital 93,858 91,399 Accumulated other comprehensive income 13 20 Retained earnings 1,044 14,200 95,057 105,759 Less treasury stock, at cost (4,340 and 1,323 shares, respectively) 23,179 12,992 Total equity 71,878 92,767 Total liabilities and equity $142,987 $206,584 POMEROY IT SOLUTIONS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) Three Months Ended January 5, January 5, 2009 2008 Net revenues: Product $78,447 $106,300 Service 42,014 55,961 Total net revenues 120,461 162,261 Cost of revenues: Product 70,284 98,346 Service 33,935 52,909 Total cost of revenues 104,219 151,255 Gross profit 16,242 11,006 Operating expenses: Selling, general and administrative 24,546 18,942 Depreciation and amortization 821 1,051 Intangible impairment 711 - Total operating expenses 26,078 19,993 Loss from operations (9,836) (8,987) Other income (expense) Interest income 57 208 Interest expense (192) (263) Other expense (166) - Other income (expense), net (301) (55) Loss before income tax (10,137) (9,042) Income tax expense 2,125 12,369 Net loss $(12,262) $(21,411) Weighted average shares outstanding: Basic 10,679 12,310 Diluted (1) 10,679 12,310 Earnings (loss) per common share: Basic $(1.15) $(1.74) Diluted (1) $(1.15) $(1.74) (1) Dilutive loss per common share for the 3 months ended January 5, 2009 and 2008 would have been anti-dilutive if the number of weighted average shares outstanding were adjusted to reflect the dilutive effect of outstanding stock options and unearned restricted shares. POMEROY IT SOLUTIONS, INC. CONSOLIDATED STATEMENTS OF INCOME (LOSS) (in thousands, except per share data) Fiscal Years Ended January 5, January 5, 2009 2008 Net revenues: Product $340,003 $386,605 Service 225,827 200,302 Total net revenues 565,830 586,907 Cost of revenues: Product 305,442 352,356 Service 190,630 175,903 Total cost of revenues 496,072 528,259 Gross profit 69,758 58,648 Operating expenses: Selling, general and administrative 74,995 66,280 Depreciation and amortization 4,086 4,687 Intangible impairment 711 98,314 Total operating expenses 79,792 169,281 Loss from operations (10,034) (110,633) Other income (expense) Interest income 231 908 Interest expense (1,062) (1,091) Other expense (166) - Other income (expense), net (997) (183) Loss before income tax (11,031) (110,816) Income tax expense 2,125 1,417 Net loss $(13,156) $(112,233) Weighted average shares outstanding: Basic 11,680 12,331 Diluted (1) 11,680 12,331 Earnings (loss) per common share: Basic $(1.13) $(9.10) Diluted (1) $(1.13) $(9.10) (1) Dilutive loss per common share for the fiscal years ended January 5, 2009 and 2008 would have been anti-dilutive if the number of weighted average shares outstanding were adjusted to reflect the dilutive effect of outstanding stock options and unearned restricted shares. POMEROY IT SOLUTIONS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Fiscal years ended January 5, 2009 2008 Cash Flows from Operating Activities: Net income (loss) $(13,156) $(112,233) Adjustments to reconcile net income (loss) to net cash flows from (used in) operating activities: Depreciation and amortization 4,180 5,018 Stock option, restricted stock compensation and employee purchase plan expense 2,147 988 Goodwill and intangible asset impairment 711 98,314 Provision for doubtful accounts 1,150 3,528 Amortization of unearned income (6) (34) Deferred income taxes 2,013 1,256 Loss on disposal of fixed assets - 128 Impairment related to abandonment of software 2,506 1,825 Changes in working capital accounts: Accounts receivable 60,083 (7,647) Inventories 7,921 463 Other current assets 4,323 1,269 Net investment in leases 688 908 Accounts payable trade (26,621) (735) Deferred revenue (391) (655) Other, net (1,205) 2,548 Net operating activities 44,343 (5,059) Cash Flows used in Investing Activities: Capital expenditures (2,716) (3,572) Proceeds from sale of fixed assets - 2 Purchases of certificate of deposits - (2,201) Net investing activities (2,716) (3,607) Cash Flows from (used in) Financing Activities: Net increase (reduction) in floor plan financing (14,240) 9,353 Net payments of short-term borrowings - - Proceeds from exercise of stock options - 96 Excess tax benefit related to exercise of stock options - 13 Purchase of treasury stock (10,187) (1,395) Proceeds from issuance of common shares for employee stock purchase plan 313 313 Net financing activities (24,114) 8,380 Effect of exchange rate changes on cash and cash equivalents (8) 6 (Decrease) increase in cash and cash equivalents 17,505 (280) Cash and cash equivalents: Beginning of year 13,282 13,562 End of year $30,787 $13,282

Photo: http://www.newscom.com/cgi-bin/prnh/20090213/POMEROYLOGO Pomeroy IT Solutions

CONTACT: Craig J. Propst, CFO and Treasurer, +1-859-586-0600,
+1-859-586-0600 x 1838, cpropst@pomeroy.com

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

Goldfield Announces 2008 Results

MELBOURNE, Fla., March 17 /PRNewswire-FirstCall/ -- The Goldfield Corporation (NYSE Alternext US: GV), a leading provider of electrical construction services in the southeastern United States and a developer of condominiums on Florida's east coast, today announced results for the twelve months ended December 31, 2008.

Revenue for the year ended December 31, 2008 was $31.4 million and the Company had an operating loss of $5.1 million, compared to revenue of $27.3 million and an operating loss of $3.2 million in the year ended December 31, 2007. Although Goldfield's revenue improved during 2008, the operating loss reflects a write down of real estate inventory of $3.2 million due to the continuing weakness in the Florida condominium market.

For the year ended December 31, 2008, the electrical construction segment had revenue of $29.1 million and operating income of $1.4 million, compared to revenue of $26.8 million and operating income of $688,000 in the prior year. These increases were primarily due to a robust fourth quarter as a result of an increase in the number and size of the projects in process, particularly fiber optic work.

For the year ended December 31, 2008, the real estate development segment had revenue of $2.4 million and an operating loss of $3.8 million. For 2007, revenue and operating loss from this segment were $537,000 and $1.2 million, respectively. The increase in revenue resulted primarily from the 2007 reversal of $7.2 million of previously recognized revenue on the Pineapple House project due to buyer defaults, which offset a significant portion of the revenue from sales of condominium units in 2007. The increase in the operating loss was due primarily to the write-down of $3.2 million on real estate inventory, during the year ended December 31, 2008. As of December 31, 2008, we had sold nineteen Pineapple House condominium units and held fourteen units for sale.

Net loss for the year ended December 31, 2008 was $5.4 million or $0.21 per share, compared to net loss of $2.3 million or $0.09 per share in 2007.

Revenue for the quarter ended December 31, 2008 was $10.6 million, compared to $9.0 million in the comparable prior-year quarter. For the fourth quarter of 2008, electrical construction revenues were $10.2 million and operating income was $1.6 million, as compared to revenue of $6.2 million and operating loss of $275,000 in the prior year. In the fourth quarter, real estate development operations had revenue of $328,000 and operating loss of $3.3 million, as compared to revenue of $2.8 million and operating income of $9,000 in the like quarter last year. The Company's net loss for the fourth quarter of 2008 was $3.4 million ($0.14 per share) compared to net loss of $572,000 ($0.02 per share) in the comparable prior-year quarter. The quarter-to-quarter declines resulted primarily from the write-down of real estate inventory in the real estate segment.

Commenting on the Company's results, John H. Sottile, Chairman, President and Chief Executive Officer of Goldfield, said, "We are pleased with the strong growth in the electrical construction segment, in part due to our expansion beyond our historic base in the southeastern United States." Mr. Sottile continued, "The real estate environment continues to be extremely challenging, but the Company is fortunate that our real estate exposure is quite manageable. Our only project, Pineapple House, has been completed and well received, with more than half of the units already sold."

About Goldfield

Goldfield is a leading provider of electrical construction and maintenance services in the energy infrastructure industry in the southeastern United States. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. Goldfield is also involved in the development of high-end condominium projects on Florida's east coast. For additional information, please visit http://www.goldfieldcorp.com/.

This press release includes forward looking statements based on our current expectations. Our actual results may differ materially from what we currently expect. Factors that may affect the results of our electrical construction operations include, among others: the level of construction activities by public utilities; the timing and duration of construction projects for which we are engaged; our ability to estimate accurately with respect to fixed price construction contracts; and heightened competition in the electrical construction field, including intensification of price competition. Factors that may affect the results of our real estate development operations include, among others: the level of consumer confidence; the continued weakness in the Florida condominium market; our ability to acquire land; increases in interest rates and availability of mortgage financing to our buyers; increases in construction and homeowner insurance and the availability of insurance. Factors that may affect the results of all of our operations include, among others: adverse weather; natural disasters; changes in generally accepted accounting principles; our ability to obtain necessary permits from regulatory agencies; our ability to maintain or increase historical revenues and profit margins; general economic conditions, both nationally and in our region; adverse legislation or regulations; availability of skilled construction labor and materials and material increases in labor and material costs; and our ability to obtain additional and/or renew financing, particularly in light of the current disruption in the credit markets. Important factors which could cause our actual results to differ materially from the forward-looking statements in this press release are detailed in the Company's Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operation sections of our Annual Report on Form 10-K and Goldfield's other filings with the Securities and Exchange Commission, which are available on Goldfield's website: http://www.goldfieldcorp.com/.

For further information, please contact: The Goldfield Corporation Phone: (321) 724-1700 Email: investorrelations@goldfieldcorp.com THE GOLDFIELD CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2008 2007 2008 2007 ---- ---- ---- ---- Revenue Electrical construction $10,243,562 $6,230,319 $29,062,099 $26,761,440 Real estate development 328,316 2,779,653 2,382,888 537,135 ------- --------- --------- ------- Total revenue 10,571,878 9,009,972 31,444,987 27,298,575 ---------- --------- ---------- ---------- Costs and expenses Electrical construction 7,870,641 5,636,530 24,337,479 22,881,363 Real estate development 500,593 2,524,545 2,492,060 794,612 Selling, general and administrative 683,378 779,965 3,299,687 3,278,520 Depreciation 730,048 810,542 3,159,398 3,076,505 Provision for doubtful accounts - - 27,078 - Write down of real estate inventory 3,137,004 - 3,173,506 473,227 (Gain) loss on sale of assets (168) 31,699 7,260 14,479 ---- ------ ----- ------ Total costs and expenses 12,921,496 9,783,281 36,496,468 30,518,706 ---------- --------- ---------- ---------- Total operating loss (2,349,618) (773,309) (5,051,481) (3,220,131) ---------- -------- ---------- ---------- Other income (expense), net Interest income 18,261 131,173 131,889 297,837 Interest expense, net (85,976) (171,859) (401,129) (585,945) Other income 5,521 1,433 21,560 13,918 Minority interest 11,088 5,849 - (3,361) ------ ----- ------ ------ Total other expense, net (51,106) (33,404) (247,680) (277,551) ------- ------- -------- -------- Loss from continuing operations before income taxes (2,400,724) (806,713) (5,299,161) (3,497,682) Income tax expense (benefit) 1,023,958 (240,401) (23,362) (1,195,428) --------- -------- ------- ---------- Loss from continuing operations (3,424,682) (566,312) (5,275,799) (2,302,254) Loss from discontinued operations, net of tax (18,380) (5,858) (111,022) (18,519) ------- ------ -------- ------- Net loss $(3,443,062) $(572,170) $(5,386,821) $(2,320,773) =========== ========= =========== =========== Loss per share of common stock - basic and diluted Continuing operations $(0.14) $(0.02) $(0.21) $(0.09) Discontinued operations - - - - --- --- --- --- Net income $(0.14) $(0.02) $(0.21) $(0.09) ====== ====== ====== ====== Weighted average shares outstanding: Basic 25,451,354 25,451,354 25,451,354 25,451,354 ========== ========== ========== ========== Diluted 25,451,354 25,451,354 25,451,354 25,451,354 ========== ========== ========== ========== THE GOLDFIELD CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) December 31, 2008 2007 ---- ---- ASSETS Current assets Cash and cash equivalents $4,921,980 $3,984,613 Accounts receivable and accrued billings, net 6,709,015 5,881,430 Remediation insurance receivable 99,375 176,827 Current portion of notes receivable 54,169 49,108 Construction inventory - 2,218 Real estate inventory 2,323,756 7,788,739 Costs and estimated earnings in excess of billings on uncompleted contracts 1,135,290 1,658,712 Prepaid expenses and other current assets 1,127,745 1,933,869 --------- --------- Total current assets 16,371,330 21,475,516 Property, buildings and equipment, at cost, net 7,656,580 9,803,794 Notes receivable, less current portion 304,671 352,305 Deferred charges and other assets 1,165,953 1,235,391 --------- --------- Total assets $25,498,534 $32,867,006 =========== =========== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable and accrued liabilities $2,932,690 $1,984,352 Billings in excess of costs and estimated earnings on uncompleted contracts 7,564 - Current portion of notes payable 2,096,645 5,202,466 Current portion of capital leases 320,013 315,619 Reserve for remediation 153,368 198,850 ------- ------- Total current liabilities 5,510,280 7,701,287 Deferred income taxes - 346,200 Other accrued liabilities 28,423 26,894 Notes payable, less current portion 3,062,333 2,184,932 Capital leases, less current portion 259,344 579,357 ------- ------- Total liabilities 8,860,380 10,838,670 --------- ---------- Commitments and contingencies Minority interest - 3,361 Stockholders' equity Common stock 2,781,377 2,781,377 Capital surplus 18,481,683 18,481,683 (Accumulated deficit) retained earnings (3,316,719) 2,070,102 Common stock in treasury, at cost (1,308,187) (1,308,187) ---------- ---------- Total stockholders' equity 16,638,154 22,024,975 ---------- ---------- Total liabilities and stockholders' equity $25,498,534 $32,867,006 =========== ===========

The Goldfield Corporation

CONTACT: The Goldfield Corporation, +1-321-724-1700,
investorrelations@goldfieldcorp.com

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

Communications & Power Industries Awarded Contract for French Military Antenna Systems

PALO ALTO, Calif., March 17 /PRNewswire-FirstCall/ -- The Malibu Division of Communications & Power Industries, Inc. (CPI) has been awarded a four-year contract from the French General Delegation for Armaments' (DGA) Centre d'Essais de Lancement de Missiles (CELM) to replace 19 telemetry antenna systems. If all contract options are exercised, CPI expects the total cumulative value of the contract to be approximately $10 million. CPI, a subsidiary of CPI International, Inc, , is a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060426/CPILOGO)

Under the contract, CPI Malibu Division will design, manufacture, deliver and install 3.1-meter, 4.3-meter and 6.1-meter telemetry antenna systems at CELM's various land-based and shipboard missile and aircraft tracking sites around France. CPI has recently received an initial $2.6 million order for five antennas to be delivered this calendar year.

CPI Malibu Division is teamed on this project with La Direction des Constructions Navales Services (DCNS), one of Europe's leading companies for naval defense systems. DCNS is responsible for the overall program management, site upgrades, installation, integration and testing of the antenna systems.

About CPI International, Inc.

CPI International, Inc., headquartered in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries, Inc. develops, manufactures and distributes products used to generate, amplify, transmit and receive high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. End-use applications of these systems include the transmission of radar signals for navigation and location; transmission of deception signals for electronic countermeasures; transmission and amplification of voice, data and video signals for broadcasting, Internet and other types of commercial and military communications; providing power and control for medical diagnostic imaging; and generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.

Certain statements included above constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements provide our current expectations, beliefs or forecasts of future events. Forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual events or results to differ materially from the results projected, expected or implied by these forward looking statements. These factors include, but are not limited to, competition in our end markets; the impact of a general slowdown in the global economy; our significant amount of debt; changes or reductions in the U.S. defense budget; currency fluctuations; U.S. government contracts laws and regulations; changes in technology; the impact of unexpected costs; and inability to obtain raw materials and components. These and other risks are described in more detail in our periodic filings with the Securities and Exchange Commission. As a result of these uncertainties, you should not place undue reliance on these forward-looking statements. All future written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. We undertake no duty or obligation to publicly revise any forward-looking statement to reflect circumstances or events occurring after the date hereof or to reflect the occurrence of unanticipated events or changes in our expectations.

Photo: http://www.newscom.com/cgi-bin/prnh/20060426/CPILOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com CPI International, Inc.

CONTACT: Amanda Mogin, Communications & Power Industries, Inc. investor
relations, +1-650-846-3998, amanda.mogin@cpii.com

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

GeckoSystems Releases Mobile Robot Sensor Fusion Video on YouTube

CONYERS, Ga., March 17 /PRNewswire-FirstCall/ -- GeckoSystems Intl. Corp. (Pink Sheets: GCKO) announced today that a demonstration of their advanced suite of sensor fusion technologies is available for viewing as an unedited video posted on http://www.youtube.com/ (keyword: GeckoSystems). GeckoSystems is a dynamic leader in the emerging Mobile Service Robot (MSR) industry revolutionizing development and usage with "mobile robot solutions for safety, security, and service(tm)."

"We were favorably reviewed by a Frost & Sullivan market research report for our achievements in advanced sensor fusion system development. This video depicts the sensor fusion technologies of GeckoNav(tm), GeckoOrient(tm), the GeckoSPIO(tm), and the CompoundedSensorArray(tm), all working in concert to enable automatic self-navigation in tight, fragile home environments without any human intervention and/or control. These robust, developed, proprietary technologies will enable GeckoSystems to provide increased ROI for our stockholders," commented Martin Spencer, President/CEO.

GeckoSystems employs proprietary sensor fusion technologies in its flagship automatic self-navigation software, GeckoNav, and GeckoTrak(tm), the GeckoSPIO, GeckoOrient. GeckoTrak uses advanced sensor fusion to merge machine vision, passive infrared and sonar to identify and locate the person of interest. The GeckoTrak can inform GeckoNav automatically the whereabouts of the designated person for continuous proximate monitoring. The GeckoSPIO, a sensor/power input/output mobile robot controller board, enables faster more graceful self-navigation through loose crowds of moving people in airports, bus and train terminals, shopping centers and other public areas. GeckoOrient automatically and intelligently merges sensor data from odometry, a solid-state compass and an accelerometer based gyroscope for enhanced orientation accuracy while errand running, patrolling, or following a designated person.

The Company's mobile robot solutions are appropriate for the consumer, professional healthcare, commercial security and defense markets. The consumer has needs for family care assistance with remote monitoring and notification to assist family care for the elderly, chronically ill, and children. Professional healthcare needs cost effective errand running, portable telemedicine, and enabling specialist nurses to be more efficient and productive. Homeland Security needs cost effective mobile robots patrolling public venues with WMD and small arms weapon detection. Commercial and military users desire the elimination of the "man in the loop" to enable unmanned ground and air vehicles that do not require constant human control.

"We're really excited about what GeckoSystems has to offer. The videos on YouTube showcase a graceful and smooth moving self navigating robot as never seen before in the world," states Martin Spencer, President/CEO.

About GeckoSystems International Corporation:

In the ten years since its founding, GeckoSystems has developed a suite of proprietary, fundamental technologies that enable their robots to automatically self-navigate the home or workplace using advanced sense and avoid technologies for reliable, unattended collision avoidance while patrolling, following and/or errand running. These scientifically developed, tested, and proven hardware and software breakthroughs enable the practical, low cost manufacture, sale and usage of mobile service robots in a variety of environments.

Safe Harbor:

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact: http://www.geckosystems.com/ or Investor Relations: +1-866-227-3268 International: +1-678-413-9236

GeckoSystems Intl. Corp.

CONTACT: Investor Relations: +1-866-227-3268, International:
+1-678-413-9236, for GeckoSystems Intl. Corp.

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

M3X Media Cuts Deals to Create Massive Music Collection for Unique GruvMe Digital Entertainment Service

WEST PALM BEACH, Fla., March 17 /PRNewswire/ -- M3X Media, Inc. (http://www.mthreex.com/), a private digital entertainment, multimedia technology and services company, today announced it has signed agreements with J. River, Inc. (http://www.jriver.com/) and The Orchard(TM) , two of the largest music content providers to digital entertainment services.

Under the terms of the agreements, M3X Media will integrate the tens of thousands of titles of virtually every genre of music from the digital libraries of J. River, whose content is sourced from MediaNet, and The Orchard into its revolutionary GruvMe digital platform. GruvMe is the first service that brings music, videos, interactive games and social networking to a single platform to uniquely serve the emerging converged entertainment lifestyle.

"M3X Media's GruvMe holds much potential both as a business mechanism and as an exciting service for consumers of all ages and interests," said Jim Hillegass, J. River's founder and CEO. "J. River is pleased to provide a digital content solution to such a cutting-edge entertainment vehicle."

Beyond combining most forms of popular digitally-based entertainment, the GruvMe service is extremely flexible and versatile. It operates on PC- or Mac-based computers and turn most cell phones, PDAs, smart phones, like Blackberry, or iPods and other MP3 players into on-the-go entertainment systems. In addition, the service can be accessed on PS3 or Wii consoles.

GruvMe is currently undergoing a semi-public beta and programming refinements to ensure all features and functions will be fully enjoyed by consumers everywhere with its launch, expected by mid-year.

"The confidence shown by MediaNet Digital and The Orchard to entrust their superlative music libraries is gratifying," said Jim Devericks, M3X's chairman and CEO. They represent the biggest and best selection of music content and M3X Media is thrilled to make it all available on the GruvMe service."

About J. River

J. River builds digital delivery solutions for corporate partners. Solutions include streaming, downloading, and subscription of audio and video content, unparalleled portable device support, P2P, and Digital Rights Management. For more information, please visit http://www.jrmediacenter.com/partnerplayers.html. J. River was founded in 1981.

About The Orchard

The Orchard licenses and globally distributes more than 1.3 million songs and over 5,000 video titles through hundreds of digital stores (e.g. iTunes, Amazon, Rhapsody, YouTube, Hulu) and mobile carriers (e.g. Verizon Wireless, Orange, China Mobile, Telefonica, 3). With offices in 29 countries around the world, The Orchard drives sales for its label, retailer, brand, and agency clients through innovative marketing and promotional campaigns; brand entertainment programs; and film, advertising, gaming and television licensing. Through its recently acquired TVT Distribution division, The Orchard also offers physical distribution solutions of music in CD and vinyl format for select record label partners. A pioneer in digital music and media services, The Orchard fosters creativity and independence.

About M3X Media

M3X Media is a cutting-edge digital entertainment, multimedia company and custom multimedia service with its core focus on portable multimedia solutions. Its world-class team of hardware and software developers is at the forefront of the next generation in software, multimedia portals and media security solutions.

M3X Media's software allows for the secure download, storage and enhanced playback options for personal media (music, video, games and TV programming). The company takes portable media storage to the next level by focusing on integrating its own proprietary software based on Linux and Windows Mobile 5 and 6 by offering various manufacturers the option of licensing its technology for their portable media devices. M3XMedia is headquartered in West Palm Beach, Florida. For more information, please visit http://www.mthreex.com/

M3X and GruvMe are trademarks of M3X Media, Inc. The Orchard is a registered trademark of Orchard Enterprises NY, Inc. All Rights Reserved. Other marks belong to their respective owners.

M3X Media, Inc.

CONTACT: Steve Hoechster (HEX-ster), 5W Public Relations, for M3X Media,
+1-212-584-4306, shoechster@5wpr.com

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

WPCS Reports Third Quarter FY2009 Financial Results

EXTON, Pa., March 17 /PRNewswire-FirstCall/ -- WPCS International Incorporated , a leader in design-build engineering services for communications infrastructure, today reported financial results for the third quarter of fiscal year 2009 ended January 31, 2009. WPCS reported revenue of approximately $25.3 million for the third quarter compared to $24.8 million for the same period in the prior year, which represents an increase of 2%. WPCS reported net income of approximately $178,000 or $0.03 per diluted share for the third quarter compared to approximately $383,000 or $0.05 per diluted share for the same period in the prior year. Year to date through the nine months ended January 31, 2009 WPCS reported revenue of approximately $82.4 million compared to $74.7 million for the same period in the prior year, which represents a 10% increase. For the nine month period, the reported net income was approximately $1.4 million or $0.19 per diluted share compared to net income of approximately $3.2 million or $0.40 per diluted share for the same period in the prior year.

The company continues to maintain a healthy balance sheet with $28.3 million in working capital, $7.6 million in credit line borrowing and approximately $10 million in cash. In addition, the credit line borrowing to working capital ratio remains strong at 27%. Accounts receivable remained stable with day sales outstanding of 68 days. For the third quarter, the specialty communications sector represented 91% of revenue while the wireless infrastructure sector represented the other 9%. The consolidated gross margin for the third quarter was 27%. As of January 31, 2009, WPCS had approximately $41 million of backlog and a $136 million bid list. After reviewing the projected backlog recognition for the fourth quarter, it is now estimated that fiscal year 2009, ending April 30, 2009, will produce $0.25 in earnings per diluted share. As a reminder, there will be an investor conference call at 5:00 pm ET today. To participate on the conference call, please dial 888-299-4099 for calls within the U.S. and 302-709-8337 for calls from international locations. Upon reaching the operator, verbally transmit the participant code VH80444. Andrew Hidalgo, CEO of WPCS, will be discussing the company's financial results, market conditions and strategic initiatives underway. When the overview concludes, your questions can be asked by pressing *1 and your questions can be removed from the queue by pressing the number sign. Replays of the conference call will be available for a period of five days by dialing 402-220-2946 and using 80444 # as the pass code.

Andrew Hidalgo, CEO of WPCS, commented, "Although as a company, we are consistently profitable with a strong balance sheet during these difficult economic times, the quarterly results are still not satisfactory. We have more to achieve. The lower earnings had been a result of a temporary slow down in public services spending. In general, local government and education held back on infrastructure spending until it became clear what additional funding would be made available through the stimulus package. The positive news is that the stimulus package has been legislated and although funds have yet to be disbursed, we have seen an increase in bid solicitations. The stimulus package has allocated $142 billion in infrastructure spending for the public services, healthcare and energy sectors which are the three primary sectors we have been successfully servicing for many years. We believe our opportunities to grow earnings and build shareholder value have increased and we look forward to a much improved fiscal year 2010."

About WPCS International Incorporated:

WPCS is a design-build engineering company that focuses on the implementation requirements of communications infrastructure. The company provides its engineering capabilities including wireless communication, specialty construction and electrical power to the public services, healthcare, energy and corporate enterprise markets worldwide. For more information, please visit http://www.wpcs.com/

Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward looking statements.

WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited Three Months Ended Nine Months Ended January 31, January 31, 2009 2008 2009 2008 REVENUE $25,323,422 $24,802,079 $82,358,634 $74,723,129 COSTS AND EXPENSES: Cost of revenue 18,369,219 18,010,149 59,975,397 53,844,717 Selling, general and administrative expenses 5,904,094 5,573,644 17,787,254 14,151,781 Depreciation and amortization 614,699 618,002 1,954,880 1,616,204 Total costs and expenses 24,888,012 24,201,795 79,717,531 69,612,702 OPERATING INCOME 435,410 600,284 2,641,103 5,110,427 OTHER EXPENSE (INCOME): Interest expense 85,480 69,269 333,764 377,487 Interest income (3,042) (81,082) (51,155) (436,257) Minority interest 73,840 (23,907) 135,037 36,881 INCOME BEFORE INCOME TAX PROVISION 279,132 636,004 2,223,457 5,132,316 Income tax provision 101,036 252,701 845,240 1,974,885 NET INCOME $178,096 $383,303 $1,378,217 $3,157,431 Basic net income per common share $0.03 $0.05 $0.19 $0.45 Diluted net income per common share $0.03 $0.05 $0.19 $0.40 Basic weighted average number of common shares outstanding 7,077,249 7,093,662 7,193,138 7,049,099 Diluted weighted average number of common shares outstanding 7,077,249 7,804,998 7,213,744 7,956,557 WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS January 31, April 30, ASSETS 2009 2008 (Unaudited) (Note 1) CURRENT ASSETS: Cash and cash equivalents $9,665,638 $7,449,530 Accounts receivable, net of allowance of $113,613 and $98,786 at January 31, 2009 and April 30, 2008, respectively 23,225,223 29,092,488 Costs and estimated earnings in excess of billings on uncompleted contracts 4,572,978 3,887,152 Inventory 2,757,475 2,791,782 Prepaid expenses and other current assets 1,768,849 1,002,993 Prepaid income taxes 361,103 122,342 Deferred tax assets 114,999 35,939 Total current assets 42,466,265 44,382,226 PROPERTY AND EQUIPMENT, net 6,598,938 6,828,162 OTHER INTANGIBLE ASSETS, net 2,069,547 2,929,937 GOODWILL 32,256,592 28,987,501 OTHER ASSETS 159,166 820,315 Total assets $83,550,508 $83,948,141 WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (continued) LIABILITIES AND SHAREHOLDERS' EQUITY January 31, April 30, 2009 2008 (Unaudited) (Note 1) CURRENT LIABILITIES: Current portion of loans payable $97,339 $1,272,112 Borrowings under line of credit - 750,000 Current portion of capital lease obligations 97,425 91,491 Accounts payable and accrued expenses 6,589,306 9,305,791 Billings in excess of costs and estimated earnings on uncompleted contracts 3,366,170 3,602,422 Deferred revenue 706,449 602,560 Due to shareholders 3,334,135 2,300,083 Total current liabilities 14,190,824 17,924,459 Borrowings under line of credit 7,626,056 4,376,056 Loans payable, net of current portion 86,786 156,978 Capital lease obligations, net of current portion 183,024 215,780 Deferred tax liabilities 1,253,252 1,173,786 Total liabilities 23,339,942 23,847,059 Minority interest in subsidiary 1,466,887 1,331,850 COMMITMENTS AND CONTINGENCIES SHAREHOLDERS' EQUITY: Preferred stock - $0.0001 par value, 5,000,000 shares authorized, none issued - - Common stock - $0.0001 par value, 25,000,000 shares authorized, 6,942,266 and 7,251,083 shares issued and outstanding at January 31, 2009 and April 30, 2008, respectively 694 725 Additional paid-in capital 50,133,358 50,775,938 Retained earnings 9,087,779 7,709,562 Accumulated other comprehensive (loss) income on foreign currency translation (478,152) 283,007 Total shareholders' equity 58,743,679 58,769,232 Total liabilities and shareholders' equity $83,550,508 $83,948,141 Note 1 - Certain reclassifications have been made to prior period financial statements to conform to current presentation. CONTACT: WPCS International Incorporated 610-903-0400 x101 ir@wpcs.com

WPCS International Incorporated

CONTACT: WPCS International Incorporated, +1-610-903-0400, ext. 101,
ir@wpcs.com

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

ICOP Digital Reports 2008 Year End ResultsInvestor Teleconference and Webcast to Begin at 4:15 PM ET Today

LENEXA, Kan., March 17 /PRNewswire-FirstCall/ -- ICOP Digital, Inc. today announced financial and operational results for the three and 12 months ended December 31, 2008. ICOP is an industry-leading company engaged in advancing digital surveillance solutions.

Key Operational Highlights -- During 2008, ICOP processed orders for approximately 1929 ICOP Model 20/20(R)-W digital in-car video systems and related ancillary products from agencies in 46 U.S. states. -- 61% of all purchase orders processed during the year represented re-orders from existing customers engaged in fleet deployments of the ICOP Model 20/20-W. This compared to 48% in 2007. -- 43% of the total orders processed during 2008 originated from ICOP's growing network of independent dealers. -- ICOP responded to 86 Requests for Proposals (RFPs) during 2008; of the 56 awarded, thus far, ICOP has won 24, representing a 43% closing ratio. -- In late 2008, ICOP won first time orders from four U.S. Military installations totaling cumulative sales of approximately $620,000, which was booked in the third quarter. -- ICOP booked a total of 142 net new agency accounts for 2008. -- During the year, ICOP processed initial and follow-on orders from major and metropolitan agencies in Alabama, California, Georgia, Iowa, Kansas, Kentucky, North Carolina, New York, South Carolina, Tennessee, Texas, Utah and Wisconsin. -- Following a three month, national, multi-agency field test that commenced in March 2008, ICOP announced the commercial availability of ICOP LIVE(TM) during the second quarter of 2008. ICOP LIVE is a proprietary wireless, audio and video streaming solution designed to provide real-time situational awareness to first responders, emergency managers and crisis coordinators. -- In early 2008, ICOP introduced to market the ICOP Model 4000(TM), its school bus surveillance system, and commenced shipments of initial trial units in the second quarter of the year. -- In November 2008, ICOP unveiled its newest innovation in advanced surveillance solutions: the ICOP 20/20 VISION(TM) at the annual IACP conference in San Diego; on March 11, 2009, the Company announced that the product was commercially available and shipments had commenced. -- ICOP also recently announced that it successfully defended against alleged patent infringement claims filed by L-3 Communications Mobile-Vision with the International Trade Commission (ITC). On February 3, 2009, ICOP reported that L-3 moved to withdraw its complaint in response to ITC Administrative Law Judge Robert K. Roberts, Jr. ordering that the case be abandoned. L-3 failed to produce a single piece of evidence, expert opinion or witnesses to testify on its behalf. -- In early March of this year, ICOP announced that it had been awarded a contract to equip Ministry of Interior vehicles in Saudi Arabia with the ICOP Model 20/20-W; in early March 2009, ICOP shipped 100 units in support of a pilot deployment project. The Kingdom of Saudi Arabia operates one of the single largest security forces in the world with tens of thousands of vehicles comprising its fleet.

Dave Owen, ICOP Chairman and CEO, stated, "On reflection, 2008 was both a challenging and a rewarding year for ICOP - a year in which we made important progress on the expansion of our suite of proprietary surveillance products and solutions, saw material growth in our independent dealer network, and gained meaningful traction with our international market penetration efforts. We are very proud of our many notable accomplishments in the last 15 months, and fully anticipate that 2009 will be a game-changing year for ICOP."

ICOP will host a teleconference today beginning at 4:15 PM Eastern, and invites all interested parties to join management in a discussion regarding the Company's financial results, corporate progression and other meaningful developments. The conference call can be accessed via telephone by dialing toll free 800-219-6110 or via webcast accessible on http://www.icop.com/. For those unable to participate at that time, a replay of the webcast will be available for 90 days at http://www.icop.com/.

Financial highlights for the three months ended December 31, 2008 compared to the three months ended December 31, 2007:

-- Revenues decreased 24% to $2.49 million from $3.29 million. -- Total operating expenses fell 28% to $2.29 million from $3.19 million. -- Sales, general and administrative costs were $2.0 million, down 27% from $2.75 million. -- Research and development costs fell 34% to $293,000 from $444,000. -- Net loss declined to $1.51 million, or $0.20 per basic and diluted share, from $1.93 million, or $0.26 per basic and diluted share.

Financial highlights for the 12-months ended December 31, 2008 compared to the 12-months ended December 31, 2007.

-- Revenues totaled $10.86 million, down 8% from $11.84 million. -- Total operating expenses declined 8% to $9.96 million from $10.84 million. -- Sales, general and administrative costs remained relatively flat at $8.83 million, compared to $9.04 million. -- Research and development costs dropped 37% to $1.13 million from $1.80 million. -- Net loss was $5.92 million, or $0.79 per basic and diluted share, up from $5.46 million, or $0.75 per basic and diluted share. -- Net cash used in operating activities decreased 30% to $3.32 million from $4.77 million.

As of December 31, 2008, ICOP had $1.87 million in cash, cash equivalents and accounts receivable; $3.98 million in inventory; and net working capital of $3.11 million. Total shareholders' equity was $5.27 million.

"By practicing strict expense discipline, coupled with the successful execution of new sales and marketing campaigns both here and abroad, ICOP fully intends to weather the prevailing recession and market downturn. The challenges we endured in 2008 have served to fortify our resolve to fully lead the markets we serve - and we have pledged ourselves to this mission. After spending the past several years developing a full suite of innovative surveillance products that we believe simply can not be matched in quality, functionality or user benefits, we are now focused almost exclusively on meeting the growing global demand for ICOP solutions. Aggressively ramping sales and achieving profitability in 2009 are our highest priorities and are goals that we fully intend to achieve," added Owen.

CHARTS TO FOLLOW ICOP DIGITAL, INC. Condensed Balance Sheet (Audited) December 31, 2008 2007 Assets Current assets: Cash and cash equivalents $ 99,192 $ 3,166,213 Accounts receivable, net of allowances of $121,173 and $114,000 at December 31, 2008 and 2007, respectively 1,775,741 2,915,897 Inventory, at lower of cost or market 3,977,138 4,143,781 Prepaid expenses 209,545 502,320 Other current assets 141,325 - Total current assets 6,202,941 10,728,211 Property and equipment, net of accumulated depreciation $1,230,779 and $706,819 at December 31, 2008 and 2007, respectively 2,024,318 1,359,630 Other assets: Deferred patent costs 87,621 87,621 Investment, at cost 25,000 25,000 Security deposit 18,258 18,258 Total other assets 130,879 130,879 Total assets $ 8,358,138 $12,218,720 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 643,124 $735,382 Accrued liabilities 596,854 553,105 Notes payable 780,000 - Due to factor 602,009 - Unearned revenue 466,983 359,937 Total current liabilities 3,088,970 1,648,424 Shareholders' equity: Preferred stock, no par value; 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2008 and 2007 - - Common stock, no par value; 50,000,000 shares authorized, 7,486,385 and 7,455,054 issued and outstanding at December 31, 2008 and 2007, respectively 30,338,572 29,710,064 Accumulated other comprehensive income 272 7,729 Retained deficit (25,069,676) (19,147,497) Total shareholders' equity 5,269,168 10,570,296 Total liabilities and shareholders' equity $ 8,358,138 $12,218,720 ICOP DIGITAL, INC. Condensed Statements of Operations (Audited) Three Months Ended Years Ended December 31, December 31, 2008 2007 2008 2007 Sales, net of returns and allowances $2,493,606 $3,289,388 $10,859,850 $11,842,415 Cost of sales 1,625,773 2,039,410 6,689,758 6,645,018 Gross profit 867,833 1,249,978 4,170,092 5,197,397 34.8% 38.0% 38.4% 43.9% Operating expenses: Selling, general and administrative 1,995,825 2,749,893 8,830,394 9,040,256 Research and Development 293,121 443,697 1,131,199 1,799,555 Total operating expenses 2,288,946 3,193,590 9,961,593 10,839,811 Operating loss (1,421,113) (1,943,612) (5,791,501) (5,642,414) Other income (expense): - - - 11,691 Realized income on foreign currency translation Loss on disposal of property and equipment (21,285) (7,870) (33,361) (15,025) Interest income 593 38,148 28,589 223,810 Interest expense (70,111) - (125,906) (37,802) Other income - (18,544) - 1,456 Loss before income taxes (1,511,916) (1,931,878) (5,922,179) (5,458,284) Income tax provision - - - - Net Loss $(1,511,916) $(1,931,878) $(5,922,179) $(5,458,284) Basic and diluted net loss per share $(0.20) $(0.26) $(0.79) $(0.75) Basic and diluted Weighted average common shares outstanding 7,486,385 7,455,054 7,472,032 7,320,699 About ICOP Digital, Inc.

ICOP Digital, Inc. protects people, assets and profits through its surveillance and communications solutions for the public and private sectors. The ICOP Model 20/20(R)-W is the leading digital in-car video system for law enforcement. The ICOP 20/20 VISION(TM) integrates the award-winning, robust functionality of the ICOP Model 20/20-W into the existing Mobile Data Terminal, or laptop, installed in a law enforcement vehicle. ICOP DVMS(TM) and ICOP iVAULT MMS(TM) (enterprise) server software solutions store and manage video files. The ICOP Model 4000(TM) mobile digital video system records video from transit and school buses, and rail. ICOP LIVE(TM) delivers real-time situational awareness from mobile or fixed cameras (live video to a first responder vehicle and/or to headquarters), helping to optimize the outcome of a crisis. http://www.icop.com/ (GSA Contractor)

Safe Harbor Statement

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include statements describing the objectives, projections, estimates or future predictions of ICOP's operations. These statements may be identified by the use of forward-looking terminology such as "anticipates," "believes," "could," "estimate," "expect," "will," or other variations on these terms. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. ICOP may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, the performance or reliability of our products, our ability to draw funds and meet obligations under the new line of credit, our ability to regain compliance with Nasdaq listing standards and our ability to generate working capital to support operations. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect ICOP and its operations, are included in certain forms ICOP has filed with the Securities and Exchange Commission. The reader should not place undue reliance on such forward-looking statements, since the statements speak only as of the date that they are made and ICOP has no obligation and does not undertake publicly to update, revise or correct any forward-looking statement for any reason.

For more information, contact: For ICOP Investor/Media Relations: Laura E. Owen, COO & President Elite Financial Communications Group 16801 West 116th Street Dodi Handy, President and CEO Lenexa, KS 66219 USA Tiffany Korkis or Kathy Addison, Directors of Elite Media Group Phone: (913) 338-5550 Phone: (407) 585-1080 Fax: (913) 312-0264 ICOP@efcg.net Lowen@ICOP.com http://www.icop.com/

ICOP Digital, Inc.

CONTACT: Laura E. Owen, COO & President, +1-913-338-5550, Fax:
+1-913-312-0264, Lowen@ICOP.com; or ICOP Investor-Media Relations, Dodi Handy,
President and CEO, or Tiffany Korkis or Kathy Addison, Directors of Elite
Media Group, +1-407-585-1080, ICOP@efcg.net, all for ICOP Digital, Inc.

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

AutoNation Direct Earns WomenCertified(R) Seal, Launches Car Buying Her Way

FORT LAUDERDALE, Fla., March 17 /PRNewswire-FirstCall/ -- AutoNation, Inc. , America's largest automotive retailer is providing a silver lining in a dreary auto market. WomenCertified and AutoNationDirect today announced the launch of Car Buying Her Way, a collaborative online car buying experience created especially for women.

Backed by customer research specific to women in the auto market, Car Buying Her Way (CBHW) unites the turnkey online sales platform of AutoNationDirect with WomenCertified's women-friendly customer service approach.

"Eight in ten women feel undue pressure when browsing a dealership showroom, and an equal number won't visit a dealership without a male companion," said WomenCertified's founder Delia Passi, CEO of Medelia Inc. and author of Winning the Toughest Customer: The Essential Guide to Selling to Women. "We're not only trying to change that one dealership at a time through the WomenCertified program, but we've also developed Car Buying Her Way as a stress-free alternative to a process that is necessary but frustrating for so many women."

The difference in the CBHW experience is manifold. First, all vehicles listed on CBHW site are offered at pre-negotiated pricing, providing a haggle-free and consequently less stressful car buying process. According to Edmunds.com, when asked to pick metaphors for the auto negotiation process, men picked "winning a ballgame" and a "wrestling match," while women picked "going to the dentist." The same study also showed that women are two and a half times more apprehensive about haggling over pricing than men are. Eliminating the need for negotiation, CBHW allows customers to connect with salespeople as partners rather than adversaries.

Next, CBHW customers are guided through the car buying process via phone and the web by a dedicated Personal Auto Shopper, each of whom have completed WomenCertified's communication and customer service training. "AutoNationDirect's Personal Shoppers provide a complete concierge experience from start to finish, and they are fully trained to give the kind of service women expect and deserve," explained Passi.

"The bottom line is, a woman needs a car -- but she doesn't need the stress, the shoddy service and the confrontation that, until now, came as a package deal with that car," she added.

Currently, the Car Buying Her Way service is offered in California, Colorado and Florida markets with plans for national expansion later this year.

In late 2008, AutoNationDirect completed the requirements to earn the WomenCertified Seal for customer service excellence, which inspired the creation of CBHW as a women friendly auto e-retailer. To earn the WomenCertified Seal, 70% of a company's sales and service team must complete a specialized customer service and gender communications training program that teaches "what women want" in a buying experience.

Based on Passi's extensive research and expertise in women's communication and shopping habits and preferences, WomenCertified focuses on attentive customer service, active listening, effective gender communications and building trusting customer relationships. According to Passi, "WomenCertified is creating a customer service revolution for women by setting the standard for excellence in service -- which I think many women feel is lacking in the automotive industry."

Recent statistics show that women influence the purchase of 83% of all consumer products, including 95% of all vehicles sold in the United States.

"AutoNationDirect is part of a growing movement to raise the bar in providing the best customer service experience -- not only to women but to every customer," said Passi. "As a whole, Americans are feeling less and less satisfied with the quality of service they receive. We're trying to reverse this trend with WomenCertified. Studies show that when you meet the expectations of women, you exceed those of men. It's a win-win opportunity for companies and consumers."

"AutoNation is proud that our AutoNationDirect sales channel has earned the WomenCertified Seal -- it's a testimony to our efforts to reach all of our customers in the most effective and appropriate way possible," said Mike Maroone, President and COO of AutoNation, America's largest automotive retailer and parent company to AutoNationDirect. "No business can afford to take customers for granted, and WomenCertified is a great way for us to connect with what may be the most important -- and underappreciated -- market segment there is. We're proud of the association and look forward to great things from this partnership."

Formed in 2007, AutoNationDirect is an alternative sales channel that enables AutoNation to serve the unique needs of Affinity Groups, Credit Unions and other specialty organizations by providing a customer sales experience outside the traditional dealership. AutoNationDirect customers can work via phone, online or in store with a dedicated Personal Auto Shopper and get the best experience in the business at an attractive price. Ron Frey, the President of AutoNationDirect, and a direct sales channel veteran, says of AutoNationDirect, "AutoNation has quietly brought the promise of a truly customer centric alternative automotive sales channel to life -- online, by phone or in store. Because AutoNation controls the inventory, the price, the trade value and the finance process, we are the only ones who can deliver something like this."

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer and has been named America's Most Admired Automotive Retailer by FORTUNE Magazine in five of the last seven years. A component of the Standard and Poor's 500 Index, AutoNation owns and operates 302 new vehicle franchises in 15 states. For additional information, please visit http://corp.autonation.com/ or http://www.autonation.com/, where more than 80,000 vehicles are available for sale along with AutoNation's E-Vehicle program.

About WomenCertified

WomenCertified is a proven training and certification program rich with resources to help professionals increase sales through more effective communication, appreciation and an enriched customer experience. For more information visit http://www.womencertified.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20001017/AUTONATIONLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com AutoNation, Inc.

CONTACT: Marc Cannon, +1-954-769-3146, Cannonm@autonation.com

Web Site: http://corp.autonation.com/

Card Activation Technologies, Inc. Settles Litigation Against Casual Male Retail Group, Inc.

CHICAGO, March 17 /PRNewswire-FirstCall/ -- Card Activation Technologies (BULLETIN BOARD: CDVT) , owners of a patented point-of-sale technology for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, today said that the Company has settled its lawsuits against Casual Male Retail Group, Inc. and against Pot Belly Sandwich Works, LLC. The terms of both settlements are confidential.

About Card Activation Technologies

Card Activation Technologies, Inc. is a Chicago-based company that owns proprietary patented payment transaction technology used for processing gift cards, phone cards and other debit purchase transactions. The company is actively seeking to license its technology to the thousands of current users and believes that many retailers, gas stations, phone companies and others that utilize those stored value cards, such as gift and debit, infringe its patent. As a result, the company is aggressively pursuing litigation against these infringements. The Federal Reserve Bank of Philadelphia estimated prepaid card market to be valued in excess of $181.7 billion in transactions in 2006. According to market forecasts, the prepaid industry will grow to $421.5 Billion by 2010. For further information about Card Activation Technologies go to http://www.cardactivationtech.com/. MedCom USA Inc. (OTC Bulletin Board: EMED) is a majority shareholder in Card Activation Technologies Inc. http://www.medcomusa.com/.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Card Activation Technologies, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) defend its patent; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/ under "Search for Company Filings."

Contact: IR Services at 888.955.9992

Card Activation Technologies, Inc.

CONTACT: IR Services for Card Activation Technologies, Inc.,
1-888-955-9992

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

Clay Becomes First Central New York Municipality to Award TV Franchise to VerizonTV Service Expected Later This Year

NEW YORK, March 17 /PRNewswire/ -- Clay, N.Y., stand up and take a bow.

The Clay Town Board Monday night (March 16) became the first municipality in the central New York region to approve a television franchise for Verizon, allowing the company to bring FiOS TV to the Onandaga County town.

The company is in the process of building and installing the necessary video equipment into local central offices in the region, and anticipates that FiOS TV service will be turned on for new customers in the town later this year.

In securing a TV franchise from the Town of Clay, Verizon has signaled its intention to bring its revolutionary FiOS TV service -- delivered over Verizon's all fiber-optic network -- into the central New York market. The company is continuing to develop its plans and is anticipating that it will have TV franchise discussions with other central New York municipalities during 2009.

The franchise from Clay marks the 148th TV franchise Verizon has secured in New York. The most recent one is the TV franchise awarded by the village of Long Beach, in Nassau County, on Feb. 17.

"This marks yet another milepost in the expansion of our revolutionary FiOS TV product," said Andres Irlando, Verizon senior vice president for the New York region. "Bringing FiOS TV to a new region demonstrates Verizon's commitment to the state in terms of investment, jobs and state-of-the-art broadband technology that leapfrogs anything currently available from other carriers. I want to commend the Town of Clay for recognizing the economic and consumer benefits of broadband investment and competition.

"This franchise agreement also clearly shows the customer demand for choice in broadband, television and entertainment services. For too long, residents in central New York have been at a disadvantage by being locked in to one cable television provider -- in essence, a monopoly. Our goal is to provide our current and future customers with a choice, a far superior technology for their homes and businesses, and great value for their money," he said.

Irlando also pointed out that the company has been marketing FiOS Internet and voice services in the central New York market for several years, and has gained a sizable market share. "We want to capitalize on that investment, and offer these customers a fuller and more robust set of TV and entertainment services," he said.

Irlando noted that with thousands of employees in Onondaga County alone, Verizon already is a key employer in the region. Almost four years ago, Verizon opened a Fiber Solutions Center on Thompson Road in Syracuse, which acts as a customer service and tech help-desk for FiOS customers primarily in New York, but across the country as well. The center now employs about 400 people, many of whom are union-represented.

As with all local franchise approvals in New York, the agreement between Verizon and the town is subject to review by the New York State Public Service Commission.

A staple in the New York business community with more than 32,000 employees in the state, Verizon is continuing to invest in the state's infrastructure by building, maintaining and enhancing its wireline and wireless networks across New York, including its state-of-the-art fiber-optic network, providing consumers and businesses with reliable FiOS services for their Internet, entertainment and voice services.

FiOS TV Service Highlights FiOS TV service highlights include: -- More than 500 all-digital channels grouped by genres such as entertainment, sports, news, shopping, movies and family, making it easy for audiences to find their favorite programming. -- More than 100 HD channels in every FiOS TV market, with extraordinary clarity and theater-quality sound. -- An industry-leading library of more than 14,000 video-on-demand (VOD) titles each month, 70 percent of which are free. In addition, the VOD library includes 1,200 HD titles per month. -- An innovative interactive media guide (IMG) that helps customers quickly and easily find and enjoy content from TV listings, VOD catalogs and the digital video recorder (DVR), as well as personal music and photos from a home network. Among the features of the IMG are: -- Multi-Room DVR -- Verizon's Home Media DVR allows customers to stream recorded HD and standard-definition (SD) programs to up to six other TV sets throughout the home. This includes the ability to watch three separately recorded shows on three TV sets at the same time, plus pause recorded programming in one room and continue watching in another. -- Widgets -- Customers have one-touch, on-demand access to local weather and traffic reports shown on TV screens. Widgets provide local traffic and weather reports, daily local and national news headlines, daily national sports headlines, community news, and daily horoscopes. -- Free casual games -- With the remote control and an HD set-top box, customers can access chess, solitaire, sudoku and wordplay. -- "What's Hot on FiOS TV" -- Features information on the most-popular programs currently being broadcast in the region and the most popular VOD titles. -- "Wait for Me" -- Allows customers to pause live programming, change channels, and then return to the paused program and pick up where they left off. -- Channel sorting options -- Customers can create two separate lists of favorite channels for family members. Customers also can filter channels in the guide by genre, for instances where a customer only may want to see HD content, international channels or kids programming, among others. -- Fantasy Football -- FiOS TV customers who are registered users of ESPN Fantasy Football will have instant on-screen access to personalized NFL statistics, including rosters, box scores, scoring leaders and player information.

Programming choices for Hispanic, African-American, Asian, Russian and other multicultural audiences are available in every market, making FiOS TV an outlet for emerging and independent networks to showcase their diverse programming.

Verizon's FiOS TV service was selected as the top-ranked residential television service provider in the Northeast region by J.D. Power for 2008. FiOS TV is currently available to more than 9.2 million homes in 14 states: California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas, Virginia and Washington.

Verizon's fiber network delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. In addition to FiOS TV, Verizon's fiber network also delivers Internet download speeds of up to 50 Mbps (megabits per second) and upload speeds of up to 20 Mbps, as well as high-quality voice service.*

The Town of Clay joins a growing list of New York communities that are paving the way for competition and choice in the television market. In addition to the town, Verizon has been granted video franchises in the following municipalities:

City of New York Long Island

Amityville, Atlantic Beach, Massapequa Park, Cedarhurst, Laurel Hollow, Lynbrook, Mineola, East Hills, East Rockaway, Farmingdale, Valley Stream, Freeport, Williston Park, New Hyde Park, Sands Point, Bayville, Old Field, Floral Park, South Floral Park, Garden City, Nissequogue, Northport, Poquott, East Williston, Head of the Harbor, Hewlett Bay Park, Mill Neck, Stewart Manor, Centre Island, Lawrence, Lindenhurst, Malverne, Manorhaven, Huntington Bay, The Branch, Oyster Bay Cove, Flower Hill, Great Neck, Great Neck Estates, Great Neck Plaza, Kensington, Kings Point, Lake Success, Munsey Park, North Hills, Plandome, Plandome Heights, Plandome Manor, Port Washington North, Rockville Centre, Roslyn, Roslyn Estates, Roslyn Harbor, Russell Gardens, Saddle Rock, Thomaston, Bellerose, Lloyd Harbor, Baxter Estates, Hempstead, Cove Neck, Brightwaters, Hewlett Harbor and Long Beach; and the towns of North Hempstead, Huntington, Smithtown, Hempstead, Oyster Bay, Islip and Babylon

Westchester County

Ardsley, Dobbs Ferry, Tarrytown, Irvington, Greenburgh, Eastchester, Mount Kisco, Elmsford, Port Chester, Tuckahoe, White Plains, Rye Brook, North Castle, Mount Vernon, Mount Pleasant, Yonkers, Scarsdale, Bronxville, New Rochelle, Cortlandt, Peekskill, Buchanan, Rye, Larchmont, the Village of Mamaroneck, the Town of Mamaroneck, New Castle, Pelham Manor, Sleepy Hollow, Briarcliff Manor, the Town of Ossining, the Village of Ossining and the Town of Yorktown

Rockland County

Nyack, South Nyack, Upper Nyack, Grandview-on-Hudson, Clarkstown, Orangetown, Piermont, Airmont, the Town of Haverstraw, West Haverstraw, Chestnut Ridge, Ramapo, Spring Valley, Stony Point, the Village of Haverstraw, Suffern, Hillburn, Wesley Hills, Montebello, New Hempstead and Pomona

Dutchess County

Wappinger, Wappingers Falls and Village of Fishkill, Town of Fishkill, City of Poughkeepsie and Town of Poughkeepsie

Orange County City of Newburgh and Town of Newburgh Erie County

Amherst, Blasdell, Lackawanna, Village of Hamburg, Town of Hamburg, West Seneca, Tonawanda, Village of Orchard Park, Town of Orchard Park and Kenmore

Putnam County Kent, Town of Carmel * NOTE: actual (throughput) speeds will vary.

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

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

Verizon

CONTACT: John Bonomo, +1-212-321-8033, John.J.Bonomo@Verizon.com

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

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

Louisville, Kentucky Residents Benefit From Verizon Wireless Network EnhancementsNew Cell Site Means Clearer Reception, Fewer Dropped Calls

LOUISVILLE, Ky., March 17 /PRNewswire/ -- Verizon Wireless has activated a new cell site in Jeffersontown, Ky., which enables more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site, which is equipped with a permanent backup generator for times of emergency, improves voice and data coverage along Interstate 265 between Rehl Road and Hopewell Road and along State Road 155 east of Interstate 265 toward State Road 2265.

"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Greg Haller, president-Kentucky/Indiana/Michigan Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to them. In 2009, we will continue to perfect our network so that our customers in Kentucky know they can depend on us every time they pick up their wireless devices."

This network improvement is part of Verizon Wireless' continual effort to expand coverage, improve capacity and enhance the quality of its wireless voice and data network in Kentucky and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. In 2008, the company invested more than $47 million in its Kentucky network.

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: Michelle Gilbert, Verizon Wireless, +1-248-915-3680,
michelle.gilbert@verizonwireless.com, or Ashley Schaffner For Verizon
Wireless, +1-502-625-1636, Ashley@guthriemayes.com

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

Henderson, Kentucky Residents Benefit From Verizon Wireless Network EnhancementsNew Cell Site Means Clearer Reception, Fewer Dropped Calls

HENDERSON, Ky., March 17 /PRNewswire/ -- Verizon Wireless has activated a new cell site in Henderson, Ky. which enables more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site, which is equipped with a permanent backup generator for times of emergency, improves voice and data coverage in downtown Henderson along the Ohio River and along U.S. Route 60 between 8th Street and Jefferson Street.

"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Greg Haller, president-Kentucky/Indiana/Michigan Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to them. In 2009, we will continue to perfect our network so that our customers in Kentucky know they can depend on us every time they pick up their wireless devices."

This network improvement is part of Verizon Wireless' continual effort to expand coverage, improve capacity and enhance the quality of its wireless voice and data network in Kentucky and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed - $5.5 billion on average every year - to increase the coverage and capacity of its national network and to add new services. In 2008, the company invested more than $47 million in its Kentucky network.

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: Michelle Gilbert, Verizon Wireless, +1-248-915-3680,
michelle.gilbert@verizonwireless.com; Kristena Morse, For Verizon Wireless,
+1-502-625-1659, Kristena@guthriemayes.com

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

Residents of Gray and Siler, Kentucky Benefit from Verizon Wireless Network EnhancementsNew Cell Site Means Clearer Reception, Fewer Dropped Calls

GRAY, Ky., March 17 /PRNewswire/ -- Verizon Wireless has activated a new cell site in Gray, Ky., which enables more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site, which is equipped with a permanent backup generator for times of emergency, improves voice and data coverage in Gray and Siler as well as along U.S. Route 25 East between State Road 830 and State Road 1232.

"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Greg Haller, president-Kentucky/Indiana/Michigan Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to them. In 2009, we will continue to perfect our network so that our customers in Kentucky know they can depend on us every time they pick up their wireless devices."

This network improvement is part of Verizon Wireless' continual effort to expand coverage, improve capacity and enhance the quality of its wireless voice and data network in Kentucky and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed - $5.5 billion on average every year - to increase the coverage and capacity of its national network and to add new services. In 2008, the company invested more than $47 million in its Kentucky network.

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: Michelle Gilbert of Verizon Wireless, +1-248-915-3680,
michelle.gilbert@verizonwireless.com; or Ashley Schaffner for Verizon
Wireless, +1-502-625-1636, Ashley@guthriemayes.com

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

/C O R R E C T I O N -- China Valves Technology, Inc./

In the news release, "China Valves Technology, Inc. Reports Fourth Quarter and Full Year 2008 Results," issued by China Valves Technology, Inc. (OTC Bulletin Board: CVVT) earlier today over PR Newswire Asia, we are advised by the Company that fifth bullet point under the section titled "Full Year 2008 Highlights" should read "Net loss was $4.2 million, compared to net income of $7.1 million in year 2007" rather than "Net loss was $4.2 million, compared to net income of $7.1 million in year 2008," while the second sentence of the last paragraph under the "Business Outlook" section should read "For the full year 2009, the Company remains focused on meeting the targeted net income of $23 million and fully diluted earnings per share of $0.369 established in the make good escrow agreement related to the August 2008 private placement" rather than "For the full year 2009, the Company remains focused on meeting the targeted net income of $23 million and fully diluted earnings per share of $0.497 established in the make good escrow agreement related to the August 2008 private placement," as originally issued inadvertently.

China Valves Technology, Inc.

Web site: http://www.ccgirasia.com/
http://www.cvalve.com/

New Business Law Content Focuses on Critical Thinking to Enable Student Success in the Real WorldDynamic Business Law Teaches Principles of Strategic Thinking and Reasoning - Based on Fundamentals of Law

NEW YORK, March 17 /PRNewswire/ -- In today's economy, competition for entry-level jobs is at an all-time high - college graduates must differentiate themselves to land the positions they desire. Companies can train recent college graduates and provide industry-specific skills, but students must already know how to think critically and understand business basics from a macro level to prove they are worthy of employment. These fundamental skills are some of the most difficult for faculty to teach and assess in the classroom.

Published by McGraw-Hill Higher Education, Dynamic Business Law: The Essentials helps students prepare for professional life by using a critical thinking model designed for students to use throughout the course and into their business careers. The text relates legal issues back to the core business curriculum, which helps students understand how legal concepts they learn in this course will tie into their own business careers. This technique also allows instructors to show students how business law is a fundamental component of the larger study of business administration. The text is authored by Nancy K. Kubasek, M. Neil Browne, Dan Herron, Andrea Giampetro-Meyer, and Linda Barkacs.

"Preparing business students for a successful future is a tremendous challenge, responsibility and opportunity for educators," said Kevin Kane, president of McGraw-Hill Higher Education's Business and Economics Group. "Dynamic Business Law: The Essentials provides students with the tools they need to become effective, strategic thinkers and to build a solid foundation of knowledge to prepare these students for their careers."

Using a consistent theme of ethical decision making, Dynamic Business Law: The Essentials outlines a reasoning model and ethical guidelines that make teaching Business Law concepts more memorable and applicable for students. Following each case, students can answer questions designed to train them to apply this approach.

Students can also develop and practice critical thinking skills using a supplemental digital component called You be the Judge Online. This interactive product includes 18 hypothetical business law scenarios on subjects such as Liability, Intellectual Property and Fraud, based on real cases within McGraw-Hill's Business Law material. Each case allows students to watch interviews of the plaintiff and defendant before the courtroom argument, see the courtroom proceedings, view relevant evidence, read actual cases relating to the issues in the case and then create their own ruling. After students' verdicts are generated, they can view the actual judge's ruling in the case, and either defend or change their own ruling.

Dynamic Business Law: The Essentials ties business law concepts to core business functions, which proves important as business students often do not understand how business law ties into their major. The text links concepts students are learning in business law back to what they are learning in their management, marketing, accounting, economics and finance classes so they can understand why basic legal concepts are crucial for any future business manager.

For more information, visit http://www.mhhe.com/kubasekess About McGraw-Hill Higher Education:

McGraw-Hill Higher Education, a unit of McGraw-Hill Education, is a premier provider of teaching and learning solutions for 21st century post-secondary and higher education markets worldwide. Through a comprehensive range of traditional and digital education content and tools, McGraw-Hill Higher Education empowers educators and prepares professionals and students of all ages to connect, learn and succeed in the global economy. McGraw-Hill Education, a division of The McGraw-Hill Companies , has offices in 33 countries and publishes in more than 65 languages. Additional information is available at http://www.mheducation.com/.

McGraw-Hill Higher Education

CONTACT: Tom Stanton of McGraw-Hill Education, +1-212-904-3214,
tom_stanton@mcgraw-hill.com

Web Site: http://www.mhhe.com/kubasekess

Apple Previews Developer Beta of iPhone OS 3.0Beta Release Provides New SDK, Over 1,000 APIs & 100 New Features

CUPERTINO, Calif., March 17 /PRNewswire-FirstCall/ -- Apple(R) today previewed its iPhone(TM) OS 3.0 software and announced the immediate availability of a beta software release to registered developers. The iPhone OS 3.0 beta release includes an updated Software Development Kit (SDK) with over 1,000 new Application Programming Interfaces (APIs) including In-App Purchases; Peer-to-Peer connections; an app interface for accessories; access to the iPod(R) music library; a new Maps API and Push Notifications. Apple also announced over 100 new features that will be available to iPhone and iPod touch users this summer including cut, copy and paste; MMS;* landscape view for Mail, Text and Notes; stereo Bluetooth; syncing Notes to the Mac(R) and PC; shake to shuffle; parental controls for TV shows, movies and apps from the App Store; and automatic login at Wi-Fi hot spots. The iPhone OS 3.0 beta release will also include a new Voice Memo app and expanded search capability for all key iPhone apps, as well as Spotlight(TM) search across the iPhone or iPod touch.

"The new iPhone OS 3.0 is a major software release packed with incredible new features and innovations for iPhone customers and developers alike. It will keep us years ahead of the competition," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing.

The iPhone OS 3.0 beta software and SDK include over 1,000 new APIs and are available today for all iPhone Developer Program members to use for development and testing of their apps for iPhone and iPod touch. Included in these APIs is the ability to leverage the incredible purchase model of the App Store within apps. In-App Purchases will allow developers to offer subscription content and provide the ability to sell new content and features in a simple and secure process. Developers can also more easily create peer-to-peer games for iPhone and iPod touch by using Bluetooth.

Another key developer feature in the iPhone OS 3.0 beta software is the ability for apps to interface with hardware accessories, creating a whole new element of control for iPhone and iPod touch accessory developers as well as a new ecosystem of solutions for customers. Developers will also be able to use Apple's new Maps API to integrate Google Mobile Maps services within their apps which will offer Google Map tiles, current location, custom annotations and geocoding. The iPhone OS 3.0 beta software includes the Apple Push Notification service which provides developers with a mechanism to alert users with sounds, text or a badge.

The new iPhone OS 3.0 software will be available to iPhone and iPod touch users this summer with over 100 new features including cut, copy and paste which can be done within or across applications; MMS to send and receive photos, contacts, audio files and locations with the Messages app; and the ability to capture and send audio recordings on the go with the new Voice Memo app. Landscape view will be available for Mail, Text and Notes. Search capabilities will be expanded, allowing customers to search within Mail, iPod and Notes or search across all key apps by typing a key word or phrase into the new Spotlight search, conveniently accessed from the Home screen.

The updated Stock app will add the ability to display recent company news and current trading information like opening or average price, trading volume or Market Cap, and will offer a landscape view to see a full screen of any stock chart. Customers will also be able to view shared calendars right on their iPhone with CalDAV support and sync their calendars with iCal(R), Yahoo, Google and Oracle.

Today, the groundbreaking App Store has more than 25,000 applications available to consumers, and 15 more countries have been added so the App Store is now available in 77 countries, allowing developers to reach more than 30 million iPhone and iPod touch users around the world. Developers set the price for their applications and retain 70 percent of all sales revenue. Apple covers all credit card, web hosting and infrastructure costs associated with offering applications on the App Store.

Pricing & Availability

The iPhone OS 3.0 beta software and SDK will be available for registered developers to download starting today from developer.apple.com. iPhone customers will be able to download the new iPhone OS 3.0 software for free this summer and iPod touch customers will be able to purchase a software update for $9.95 (US).**

*MMS messaging is available only on iPhone 3G; fees may apply. MMS may not be available in all areas.

**Some features may not be supported by older hardware.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.

(C) 2009 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iPhone, iPod, Spotlight and iCal are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

Apple

CONTACT: Jennifer Bowcock, +1-408-974-9758, jennifer.b@apple.com, or
Simon Pope, +1-408-974-0457, simonp@apple.com, both of Apple

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

U.S. Coast Guard Approves Siemens Siveillance SiteIQ to Track Non-TWIC Card HoldersWith a green light to leverage its SiteIQ solution, Port of Wilmington Port Security boosts operational efficiency and trims compliance costs without compromising security

BUFFALO GROVE, Ill., March 17 /PRNewswire/ -- Recently, Port of Wilmington (POW) security officials received the U.S. Coast Guard's permission to leverage its Siveillance(TM) SiteIQ video surveillance system to monitor truckers and port visitors not carrying Transportation Worker Identification Credentials (TWIC). Because POW can provide 24/7 monitoring of designated secure areas via its SiteIQ video analytics platform, the port can comply with TWIC mandates without having to physically escort non-credentialed individuals traversing the busy Wilmington, Del. port facility.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )

According to Patrick J. Hemphill, Manager, Port Security, without the ability to rely on SiteIQ, complying with the escort provisions instituted by TWIC had the potential to strain security resources and operating budgets. The Coast Guard's compliance ruling was welcome news says Hemphill: "The Coast Guard advised us that if we were able to ensure 24/7 monitoring of certain 'secure areas' that we use for vehicle staging and other operational reasons, we would not have to provide 'physical' escorts for vehicles and their drivers. This will help us reduce our costs involved with TWIC compliance and implementation."

For busy ports workers and traffic wax and wane seasonally. For a variety of reasons many seeking access to the port, especially overland trucks and drivers entering to further transship goods, will simply not have TWIC identification and will require an escort. On busy days, hundreds of trucks and visitors may have to be escorted, causing a bottleneck that would soon slow operations to a standstill. Site IQ's capabilities are optimized for the kind of monitoring allowed for by the TWIC guidance. With SiteIQ, vehicles are greeted at the gatehouse, drivers ID'd and passed through. They are digitally monitored at the point of entry with analytics tracking all vehicles transiting the facility. Any unauthorized movement into restricted areas is instantly flagged and dealt with accordingly.

"Securing port operations is a monumental task and technologies like SiteIQ can add considerable value by helping manage emerging Department of Homeland Security regulations cost effectively while improving security overall relative to the new requirements," says Siemens Building Technologies Security Solutions' global head and CEO, Frank Pedersen. "SiteIQ is a powerful tool that the Port of Wilmington's security personnel can now leverage even more fully to achieve its security and operational goals."

Part of a suite of technologies delivered under the global Siveillance(TM) brand of Siemens Building Technologies security solutions, SiteIQ is developed and marketed from its Atlanta-based Center of Competence established in 2007.

As a leading provider of energy and environmental solutions, building controls, fire safety and security systems solutions, Siemens Building Technologies, Inc., makes buildings comfortable, safe, secure and less costly to operate. With U.S. headquarters in Buffalo Grove, Ill., Siemens Building Technologies employs 7,400 people and provides a full range of services and solutions from more than 100 locations coast-to-coast. Worldwide, the company has 28,000 employees and operates from more than 500 locations in 51 countries.

For more information on Siemens Building Technologies, visit: http://www.usa.siemens.com/buildingtechnologies

Photo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO Siemens Building Technologies, Inc.

CONTACT: Steven E. Kuehn, +1-847-941-6047, steve.kuehn@siemens.com

Web Site: http://www.usa.siemens.com/buildingtechnologies

Cimatron Group to Showcase New Versions of Software at Intermold KoreaNew Versions of GibbsCAM and CimatronE Include Enhancements to Increase Productivity

GIVAT SHMUEL, Israel, March 17 /PRNewswire-FirstCall/ -- Cimatron Limited , a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced it will showcase the new versions of GibbsCAM and CimatronE at Intermold Korea 2009 on March 18th (hall 3, section 6).

Cimatron Group will sponsor a large island booth at the event which will be divided in half displaying both of the organization's signature software solutions, CimatronE and GibbsCAM. New versions of both product lines will be available for visitors to see.

Version 9.0 of CimatronE contains over 200 enhancements across all modules that are available separately or as a complete integrated suite. There are significant advancements in automation for mold making, keeping with Cimatron's winning formula of flexible automation. Die making innovations feature a brand new Transfer Die application and enhancements to the Progressive Die application and a new DieQuote Generator helps Die shops produce accurate quotes and win more jobs. Machining enhancements include new machining strategies for HSM and 5-axis milling. A new CMM application defines electrode measuring points and probe path.

The new version of GibbsCAM contains a wide range of productivity enhancements for milling, mill turn and High Speed Milling. GibbsCAM 2009 includes a new 3D high speed machining application which facilitates faster programming and more efficient machining. Improvements to lathe capabilities take advantage of the newer high-tech cutting tools to turn harder materials and to machine smoother surfaces; these provide greater efficiency through increased tool control.

"We've put a significant amount of resources and energy into the Korean market because our solutions are highly suited to that market", said Danny Haran, CEO of Cimatron. "Our software lines are user friendly and easy to learn. They also provide the quality and delivery times that Korean toolmakers and manufacturers need to compete on a local and global level".

About Cimatron

With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes milling, wire EDM, turn, Mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: http://www.cimatron.com/

This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act Of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the company's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance and involve risks and uncertainties, many of which are beyond the company's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

For More Information Contact: Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-3-5312098 Email: iditp@cimatron.com Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-3-531-2121 Email: ilane@cimatron.com Yael Nevat Commitment-IR.com Phone: +972-3-611-4466 +972-50-762-6215 Email: yael@commitment-IR.com

Cimatron Ltd

CONTACT: For More Information Contact: Idit Pass Lagziel, Marketing
Manager, Cimatron Ltd., Phone: +972-3-5312098, Email: iditp@cimatron.com;
Ilan Erez, Chief Financial Officer, Cimatron Ltd., Phone: +972-3-531-2121,
Email: ilane@cimatron.com; Yael Nevat, Commitment-IR.com, Phone:
+972-3-611-4466, +972-50-762-6215, Email: yael@commitment-IR.com

CimatronE Users to Showcase Sophisticated Parts at EurostampiPartners Will Highlight Gun Drilling, Mold Making and 5-Axis Titanium Cutting Capabilities

GIVAT SHMUEL, Israel, March 17 /PRNewswire-FirstCall/ -- Cimatron Limited , a leading provider of integrated CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts, announced that it will collaborate with customers as well as machine tool builders at Italy's Eurostampi trade show on March 19th 2009 to display proven results.

CimatronE will be featured at the stalls of Drilling and Co. (hall 5, stall H53), at Cisastampi Moldmakers (hall 6, stall K42) and at Makino (hall 6, stall C5). Cimatron's Italian subsidiary Microsystem will be showcasing the latest versions of CimatronE and GibbsCAM in hall 6, stall K32.

Drilling and Co. specialize in deep "gun drilling" for use in plates and molds. At the tradeshow they will be showing a simulation of their 5/7 IMSA machine which has been programmed using CimatronE Automated Drill. Automated Drill is CimatronE's advanced drill programming application which reduces drill programming time by up to 80%. It supports 2.5-5-axis drilling as well as gun drilling.

Cisastampi specialize in the engineering and production of parts with a high technological content and complex geometry in diverse sectors such as plumbing, heating, industrial wiring, hardware, pressurized components and small, high precision technical components. Cisastampi will display various parts they have designed and machined using CimatronE in their stall and Microsystem will also display one such mold in the CimatronE booth.

Makino, a Machine Tool Builder with whom Cimatron has maintained close ties in Italy, will display a simulation of the cutting of a titanium gear leaver for the motorcycle industry programmed by Cimatron. The part will be cut at high speed on the Makino D500 5-Axis vertical machining center live at the trade show.

"We are encouraged that despite the current situation, this tradeshow is set to be very busy and vibrant," said Enrico Gardini, managing director of Microsytem. "We are nurturing partnerships with customers and machine tool builders that are tighter than ever and our message is clear: Technology must be seen as a means to the end of the crisis because technology promotes efficiency. The market is nervous and when shops have jobs, they have to deliver them fast. As a provider of technology, we deliver a remedy to the problem."

New Versions of GibbsCAM, which was released last year and CimatronE, which will be released later this year, will be displayed at Microsystem's stall.

About Eurostampi

Eurostampi is an international dies and molds, presses and injection machine exhibition. It will take place from March 19th to 21st 2009 at the Parma Fairground along with other tradeshows relevant to the machining industry including MEC SPE, specialized mechanic expositions, SubFornitura, the exhibition of subcontracted industrial processing and more.

About Cimatron

With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes milling, wire EDM, turn, Mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: http://www.cimatron.com/

This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act Of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the company's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance and involve risks and uncertainties, many of which are beyond the company's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

For More Information Contact: Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-3-5312098 Email: iditp@cimatron.com Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-3-531-2121 Email: ilane@cimatron.com Yael Nevat Commitment-IR.com Phone: +972-3-611-4466 +972-50-762-6215 Email: yael@commitment-IR.com

Cimatron Ltd

CONTACT: For More Information Contact: Idit Pass Lagziel, Marketing
Manager, Cimatron Ltd., Phone: +972-3-5312098, Email: iditp@cimatron.com.
Ilan Erez, Chief Financial Officer, Cimatron Ltd., Phone: +972-3-531-2121,
Email: ilane@cimatron.com. Yael Nevat, Commitment-IR.com, Phone:
+972-3-611-4466, +972-50-762-6215, Email: yael@commitment-IR.com

Northrop Grumman Park Air Systems Wins Turnkey Contract to Supply Integrated ATC Communications System to Brazil

LONDON, March 17 /PRNewswire/ --

Northrop Grumman Corporation (NYSE: NOC) announced that its Europe-based air traffic control systems subsidiary, Park Air Systems, has been awarded a contract by the Brazilian Airspace Control System Implementation Commission (CISCEA) to supply and install complete UHF/VHF T6 extended range communication stations at multiple sites across Southern Brazil.

The contract valued at US$19M was awarded following an international competitive tender process.

Northrop Grumman Park Air Systems will provide a turnkey solution that will integrate the company's PAE T6 UHF/VHF range of equipment, manufactured in the UK, with locally supplied equipment including equipment shelters, standby power, masts and antennas into a complete extended range communication system.

"This win is an outstanding example of the strength of our technology leadership and capabilities in this highly competitive market to provide complex air traffic management communication systems for demanding environments," said Charles Houseago, managing director of Northrop Grumman Park Air Systems. "We look forward to working with the Brazilian air traffic control authorities and to delivering this world-class solution."

The communication stations will be installed at more than 20 sites across Southern Brazil in the second Integrated Centre for Air Defence and Air Traffic Control (CINDACTA II) region and will integrate the new stations into the customers' existing infrastructure. CINDACTA II is one of the four main air traffic control centres administrated by Brazil's Departamento de Controle do Espaco Aereo (DECEA). At the completion of this contract, Northrop Grumman Park Air Systems will have equipped more than 75 sites delivering communications services across half of Brazil's airspace.

The five-year contract is expected to be completed in 2014. The award follows on from previous contracts awarded to Northrop Grumman Park Air Systems in recent years in Brazil.

Northrop Grumman Park Air Systems, based in Peterborough, UK, and in Oslo and Horten, Norway, supplies communication, navigation and surveillance systems for air-space operations worldwide.

In Europe, Northrop Grumman operates from locations in France, Germany, Italy and Norway, providing navigation, air traffic control and postal automation systems. In the UK, Northrop Grumman operates from primary locations in London, Fareham, Chester, Coventry, New Malden, Peterborough, RAF Waddington and Solihull and provides avionics, communications, electronic warfare systems, marine navigation systems, robotics, C4I solutions and mission planning, aircraft whole life support, airport security solutions, IT systems and software development.

Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.

Northrop Grumman Corporation

Ken Beedle of Northrop Grumman Corporation, +44-(0)-207-747-1910, +44-(0)-7787-174092, Ken.beedle@euro.ngc.com

CMT Receives Dell's PartnerDirect Designation, Enterprise Architecture CertifiedDell and CMT, Inc. Form Strategic Alliance to Deliver Efficient Computing Solutions

ROUND ROCK, Texas and SANTA CLARA, Calif., March 17 /PRNewswire/ -- CMT, Inc., a trusted Provider of efficient computing solutions for high-performance data management, virtualization, consolidation and infrastructure management, today announced it has joined Dell's PartnerDirect program as a Certified Dell Partner with specialization in Enterprise Architecture. Built on three main tenets of simplifying IT, less complexity, and the advantages offered by the Dell business model, PartnerDirect will create a lasting and mutually beneficial relationship between Dell and CMT ultimately passing along the Dell direct cost model and leadership in technology.

According to CMT CEO and President Kurt Klein, "This designation offers the highest level of branding, economic incentives, and differentiation from other IT service companies, and is a testimonial to our commitment to bring economical solutions to our customers through the use of Dell technologies. We bring the in-depth knowledge and skills customers need to help them architect, budget and implement Dell solutions. This kind of recognition further demonstrates how combining Dell's superior reputation and mature technology with our engineering and virtualized data center experience forms a strategic partnership to assure our customers are receiving the best and most complete server and storage solutions in the market."

As a Certified Dell Partner specializing in Enterprise Architecture, CMT has gained additional expertise in key enterprise products and solutions around server, storage and virtualization technologies. CMT also met specific requirements around sales and technical accreditations, which have enhanced CMT's enterprise infrastructure management go-to-market strategy. CMT is now in a position to offer end-to-end consolidation and optimization solutions using Dell Technology in a very cost-effective manner.

"PartnerDirect provides companies like CMT with the opportunity to leverage Dell's size and scale to deliver customized, high-performance servers, storage and virtualization, as well as computing flexibility, disaster recovery and energy efficiency technologies to their customers," said Greg Davis, Dell vice president and general manager of Americas Channel Group. "With specialization in Enterprise Architecture, CMT has made an investment in developing the capability to deliver the integrated and customized technology solutions today's customers demand."

About CMT, Inc.

Computer Media Technologies (CMT) provides efficient computing solutions for high-performance data management, virtualization, consolidation and infrastructure management. The company has over 25 years of experience as a supplier of cost-effective services for IT optimization and consolidation. CMT maintains the highest levels of partnership accreditation with the world's leading IT manufacturers including Symantec, NetApp, Dell, Brocade, Quantum and VMware. In 2008, both Symantec and Brocade recognized CMT as VAR of the Year. More information is available at http://www.gocmt.com/. Corporate headquarters are located at 590 Laurelwood Road, Santa Clara, CA 95054. Phone: (800) 969-4268 Fax: (408) 734-3343

About Dell

Dell Inc. listens to customers and delivers innovative technology and services they trust and value. Uniquely enabled by its direct business model, Dell is a leading global systems and services company and No. 34 on the Fortune 500. For more information, visit http://www.dell.com/, or to communicate directly with Dell via a variety of online channels, go to http://www.dell.com/conversations. To get Dell news direct, visit http://www.dell.com/RSS.

Media Contact Victor Villegas CMT, Inc. 1.800.969.4268 victor@gocmt.com

CMT, Inc.

CONTACT: Victor Villegas of CMT, Inc., 1-800-969-4268, victor@gocmt.com

Web Site: http;//http://www.gocmt.com/

Air Products Introduces Next Generation XeCovery(R) Xenon Recovery SystemNew Offerings Target Aerospace, Lighting and Laser Markets

LEHIGH VALLEY, Pa., March 17 /PRNewswire-FirstCall/ -- Air Products today introduced two new versions of its XeCovery(R) xenon recovery system. Building upon the success of Air Products' initial XeCovery xenon recovery offering, which targets the semiconductor and MEMs industries, the company's Mark II and Mark III systems have been developed to handle larger volumes and higher concentrations, respectively, of this valuable rare gas.

The XeCovery xenon recovery service is an on-site service that extracts xenon from process effluent streams. An enriched mixture of recovered xenon is compressed and stored. Full vessels are then transported offsite for distillation. Air Products assumes responsibility for owning, operating, and maintaining the units placed at a site, which limits a customer's investment only to costs associated with installation and utilities to operate the equipment. The high xenon recovery rates can translate into savings of more than 50% of a customer's xenon costs at current market prices.

The Mark II system is a larger version of the original package that is able to address simultaneous recovery of xenon from multiple process reactors. This enables the Mark II to process volumes of xenon in excess of 100,000 liters/year at a customer site using a single equipment package. The Mark II is equipped with stream selection logic that enables Air Products to acquire xenon only from the processes that employ xenon.

"The Mark II enables maximum process flexibility and minimizes the overall volume of gas we need to eventually move off a customer's site," said Gene Karwacki, commercial development manager for XeCovery at Air Products. "This advancement in our equipment package design helps us reduce the overall footprint for the equipment we need to install onsite."

Since introducing the XeCovery service, Air Products has also seen interest in adapting the service to a variety of other applications that employ xenon in both large and small volumes. These include lighting, aerospace, and materials processing. To address the needs of users of higher concentrations of xenon, Air Products developed the Mark III system. The addition of the Mark II and Mark III to Air Products' portfolio broadens the service offering to a large cross-section of the xenon market.

To hear more about the xenon market, and how our XeCovery services can help your process, please go to: http://www.airproducts.com/xecoverypodcast.

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

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

Air Products

CONTACT: Media Inquiries, Robert Brown, +1-610-481-1192,
brownrf@airproducts.com, or Investor Inquiries, Nelson Squires,
+1-610-481-7461, squirenj@airproducts.com, both of Air Products

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

VIDEO from Medialink and Siemens: What is a Green Building?

NEW YORK, March 17 /PRNewswire/ -- In the United States, buildings account for nearly 40 percent of total energy use, 12 percent of water consumption and 38 percent of carbon dioxide emissions released into the Earth's atmosphere. With energy costs expected to remain volatile for the near future, more states and cities are adopting regulations that encourage or require buildings to be green and energy-efficient. Green buildings use 30 percent less energy on average than a standard building. But what exactly is a green building?

See video from Siemens at: http://inr.mediaseed.tv/oneClip_C/?feed=8yW1Gxalx_bOsOQnYYx4WViowKNLRbNC

A green building is a structure that is designed, built, renovated, operated, or reused in an ecological and resource-efficient manner. The building is operated on the principle of "reduce, reuse and recycle" while providing the best possible environment for occupants. Some benefits include improved indoor air quality for a healthy, productive environment and lower operating costs over the life of a building. Green construction benefits can be integrated into buildings at any stage, from design and construction and renovation.

While there's no button to press to suddenly transform a building, steps can be followed to make a building greener. By assessing a building's energy consumption, water use, recycling and waste practices, and even transportation options available -- we can all play a role in reducing the impact on the environment.

Registered journalists can access video, audio, text, graphics and photos for free and unrestricted use at http://www.mediaseed.tv/.

03FF09-0031

Medialink; Siemens

CONTACT: Medialink, New York, +1-888-560-5578, mediadesk@medialink.com

Web Site: http://inr.mediaseed.tv/oneClip_C/?feed=8yW1Gxalx_bOsOQnYYx4WViowKNLRbNC

CSC and AORN Bring Standardized Electronic Health Framework to Perioperative Nursing CareSyntegrity is First Step Toward Comprehensive Solution

FALLS CHURCH, Va. and CHICAGO, March 17 /PRNewswire-FirstCall/ -- CSC and the Association of periOperative Registered Nurses (AORN) today announced the launch of the AORN Syntegrity Standardized Perioperative Framework, software content for perioperative care nurses that integrates into electronic health record (EHR) systems and nursing documentation systems. This is the first in a series of AORN offerings designed to improve patient outcomes and enhance operational performance.

Developed by CSC and AORN, Syntegrity includes perioperative standards of care and predefined tables and fields that can be incorporated into existing EHR systems. CSC will provide marketing, sales, distribution and ongoing technology support services.

"Electronic health records have rightly come to the forefront of national policy discussions because they have proven to dramatically improve health delivery and patient care," said David Hampshire, senior partner and managing director of Health Delivery for CSC's Global Healthcare Sector. "This new solution provides a template for how EHRs can become ubiquitous in not only surgical departments, but across the healthcare continuum."

The framework, which allows nurses to capture and identify critical patient care elements throughout all phases of perioperative care, is compatible with any commercially available or internally developed EHR and nursing documentation system. It meets all current interoperability and data standards set by the American National Standards Institute Health Level 7. With this solution, hospitals can save 80 percent of the clinical staff time needed to configure and support EHR perioperative content.

"In our aim to get Syntegrity in as many hospitals as possible, interoperability is crucial," said AORN Executive Director Linda Groah, RN, MSN, CNOR, FAAN. "CSC's experience with EHR selection and implementation combined well with our access to the concerns of perioperative nurses in developing useful standardized data for their nursing staff."

As the framework gains widespread acceptance, AORN and CSC will begin developing a national data repository. This repository will support benchmarking activities across settings and institutions and will enable perioperative care practitioners to measure outcomes and evaluate the quality and effectiveness of care. An accreditation system will follow.

Details will be released at the annual AORN Congress (http://www.aorn.org/Congress) conference taking place now through March 19 at McCormick Place West in Chicago. Hospitals can obtain more information at http://www.aornsyntegrity.org/.

CSC's Global Healthcare Sector, which serves healthcare providers, health plans, pharmaceutical and medical device manufacturers, and allied industries around the world, is a global leader in transforming the healthcare industry through the effective use of information to improve healthcare outcomes, decision-making and operating efficiency.

About AORN

AORN, Inc., the Association of periOperative Registered Nurses, represents over 42,000 Registered Nurses in the U.S. and abroad who facilitate the management, teaching and practice of perioperative nursing, or who are enrolled in nursing education or engaged in perioperative research. Its members also include perioperative nurses who work in related business and industry sectors. AORN's mission is to support RNs in achieving optimal outcomes for patients undergoing operative and other invasive procedures. AORN promotes quality patient care by providing its members with education, standards, services and representation. http://www.aorn.org/

About CSC

CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Global Outsourcing Services and the North American Public Sector. CSC's advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of $17.1 billion for the 12 months ended Jan. 2, 2009. For more information, visit the company's Web site at http://www.csc.com/.

CSC

CONTACT: Jane Howell, Principal, Marketing of CSC - Global Business
Solutions, +1-781-631-1321, jhowell24@csc.com; or Gayle Davis, Manager,
Corporate Communications of AORN - Marketing, +1-303-755-6300, ext. 225,
gdavis@AORN.org

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

Discovery Communications Files Patent Infringement Suit Against Amazon.com

SILVER SPRING, Md., March 17 /PRNewswire-FirstCall/ -- Discovery Communications, Inc. today filed a patent infringement suit against Amazon.com, Inc. in the United States District Court for the District of Delaware, alleging infringement of a patent issued to Discovery Communications for electronic book technology.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080918/NETH035LOGO )

Discovery Communications alleges that Amazon's sale of the Kindle and Kindle 2 products and its electronic book delivery system infringe U.S. Patent Number 7,298,851, "Electronic Book Security and Copyright Protection System." A copy of the filing can be found on Discovery's web site: http://www.discoverycommunications.com/.

Discovery Communications and John S. Hendricks were significant players in the development of digital content and delivery services in the 1990's. Hendricks' work included inventions of a secure, encrypted system for the selection, transmission, and sale of electronic books.

Joseph A. LaSala, Jr., General Counsel of Discovery Communications, said: "The Kindle and Kindle 2 are important and popular content delivery systems. We believe they infringe our intellectual property rights, and that we are entitled to fair compensation. Legal action is not something Discovery takes lightly. Our tradition as an inventive company has produced considerable intellectual property assets for our shareholders, and today's infringement litigation is part of our effort to protect and defend those assets."

Discovery Communications is represented in the action against Amazon.com, Inc. by Morrison & Foerster and Young Conaway Stargatt & Taylor.

Visit http://corporate.discovery.com/media/uploads/pdf/discovery-communications-comp laint.pdf for Court of complaint: Discovery Communications, Inc. v. Amazon.com, Inc. and Copy of U.S. Patent Number 7,298,851.

Photo: http://www.newscom.com/cgi-bin/prnh/20080918/NETH035LOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Discovery Communications

CONTACT: Michelle Russo of Discovery Communications, Inc.,
+1-240-662-2901, Michelle_Russo@discovery.com

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

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News archive of November 2009
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