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Companies news of 2009-03-18 (page 1)

  • Pratt & Whitney Rocketdyne Propulsion System Successfully Maneuvers Multiple Missile...
  • Terminal High Altitude Area Defense Radar Successful in Missile Defense Test
  • 'Atom TV' Returns to COMEDY CENTRAL with a New Season!The Second Season Of The...
  • Towerstream Announces Record Revenues for the Fourth Quarter 2008 with Sequential Growth...
  • GeckoSystems Ready for Explosive $15B Growth in Personal Robots
  • Oracle Reports Q3 GAAP EPS Up 3% to 26 Cents, Non-GAAP EPS Up 16% to 35 CentsDeclares...
  • FMC Technologies to Present at the Howard Weil 37th Annual Energy Conference
  • San Diego County Customers Receive More 3G Coverage With Three New Verizon Wireless Cell...
  • Soitec Group Announces New Partnership With Distributor in China, Strengthening Far East...
  • ClearOne Announces New Partnership With Digital ChinaDigital China to distribute entire...
  • TechWeb's Internet Evolution Wins 3 MIN's Best of Web AwardsInternet Evolution wins MIN...
  • More Students at Oklahoma's Norman Public Schools Score Advanced in Math With Everyday...
  • Southwest Airlines Launches Online Travel GuideShare Your Travel Stories at New Online...
  • J.D. Power and Associates Reports: Online Commentary Indicates Consumer Willingness to Pay...
  • CYIOS 2009 First Quarter Worksheet - Conference Call
  • Live Webinar - From Promise to Practice: Proven Strategies to Accelerate Your Campus-Wide...
  • Active Optical Cable Patent Awarded to EMCORE Corporation
  • Microsoft Web Technologies Unveiled at MIX09 Help Businesses Deliver Return on...
  • Medco CEO: Health IT Provides the Foundation for 'Real' Health Care ReformImproving Care,...
  • Beacon Equity Issues Technical Trade Alerts on Technology Stocks: MSFT, ORCL, SAP, ADBE,...
  • AUDIO from Medialink and Siemens: Government & Industry Meeting to Discuss Nation's Energy...
  • YTB International Announces Financial Results For 2008Total year-over-year 2008 revenue...
  • Free FileMaker Business Productivity Kits for FileMaker Pro 10 Users Now AvailablePopular...
  • GeoEye Signs Reseller Contracts for Access to GeoEye-1 Earth-Imaging Satellite Imagery and...
  • Flagship Phones Are Strong Drivers of Online Dollar Sales Revenue on Carrier SitesApple...
  • Live Webinar - From Promise to Practice: Proven Strategies to Accelerate Your Campus-Wide...
  • AT&T Scores Slam Dunk With Live Mobile TV Coverage of Men's NCAA(R) March Madness...
  • MobileMax by XATA Helps TransAm Optimize Fleet OperationsTransAm Extends Relationship with...
  • CBS Outdoor Launches Do-It-Yourself Customization Program for ClientsWeb-Based "Wanna...



    Pratt & Whitney Rocketdyne Propulsion System Successfully Maneuvers Multiple Missile Defense Interceptors to Destroy Ballistic Missile Target

    CANOGA PARK, Calif., March 18 /PRNewswire-FirstCall/ -- In the first ever "salvo" firing of a THAAD interceptor, the Divert and Attitude Control System (DACS) developed by Pratt & Whitney Rocketdyne successfully positioned the interceptor to destroy the incoming test ballistic missile. Two Terminal High Altitude Area Defense (THAAD) missiles were fired during a test on March 17 from the Pacific Missile Range off Kauai, Hawaii. Pratt & Whitney Rocketdyne is a United Technologies Corp. company.

    "This mission demonstrates THAAD's continued outstanding capability and its ability to help defend the nation," said Craig Larson, THAAD program manager, Pratt & Whitney Rocketdyne. "With each successful test, the protection THAAD will provide the American people, U.S. service men and women, and our friends and allies around the world, comes closer to reality."

    The DACS is a high-precision, quick-reaction propulsion system that positions THAAD to intercept incoming enemy ballistic missiles. Pratt & Whitney Rocketdyne is under contract to produce the DACS for Lockheed Martin, the THAAD prime contractor.

    THAAD will provide protection to U.S. and allied forces around the world against short to medium range ballistic missiles in the terminal or final phase of flight.

    Pratt & Whitney Rocketdyne, Inc., a part of Pratt & Whitney, is a preferred provider of high-value propulsion, power, energy and innovative system solutions used in a wide variety of government and commercial applications, including the main engines for the space shuttle, Atlas and Delta launch vehicles, missile defense systems and advanced hypersonic engines.

    Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.

    Bryan Kidder Carri Karuhn Pratt & Whitney Rocketdyne Pratt & Whitney Rocketdyne +1-818-586-2213 +1-818-586-4963 bryan.kidder@pwr.utc.com carri.karuhn@pwr.utc.com

    Pratt & Whitney Rocketdyne

    CONTACT: Bryan Kidder, +1-818-586-2213, bryan.kidder@pwr.utc.com, or
    Carri Karuhn, +1-818-586-4963, carri.karuhn@pwr.utc.com, both of Pratt &
    Whitney Rocketdyne




    Terminal High Altitude Area Defense Radar Successful in Missile Defense Test

    TEWKSBURY, Mass., March 18, 2009 /PRNewswire/ -- The Terminal High Altitude Area Defense (THAAD) radar built by Raytheon Company performed successfully in the latest integrated flight test conducted by the Missile Defense Agency and THAAD prime contractor and systems integrator Lockheed Martin.

    "Not only did Raytheon components continue to perform, but the successful missile salvo acquisition and track represents a significant milestone," said Pete Franklin, vice president, National & Theater Security Programs for Raytheon Integrated Defense Systems. "The success underscores THAAD's ability to meet the missile defense mission and provide a reliable and affordable terminal missile defense capability for our nation."

    The endo-atmospheric intercept test, performed at the Pacific Missile Range Facility in Hawaii March 17, was the second successful intercept of a separating target. The THAAD radar successfully acquired the target complex.

    The radar successfully placed the target complex in track and discriminated the mock warhead, leading to a successful intercept. An additional first for the THAAD radar was the successful acquisition and track of a salvo set of interceptors. The THAAD radar successfully communicated individual in-flight target updates for both interceptors to help guide them to the intercept point. The test demonstrated fully integrated radar, launcher, fire control, dual missile salvo, and engagement functions of the weapon system.

    The THAAD radar, also known as the AN/TPY-2, achieved all test objectives: acquiring the target complex through a BMDS cue, discriminating the warhead, providing track and discrimination data to the fire control and communicating with both in-flight THAAD interceptors. The AN/TPY-2 is a phased array, capable of search, threat detection, classification, discrimination and precision tracking at extremely long ranges.

    The fire control software, jointly developed by Raytheon and THAAD prime contractor and systems integrator Lockheed Martin, also performed successfully, receiving and processing the BMDS cue, engaging the target complex and initializing the launch sequence for both THAAD interceptors.

    THAAD is a key element of the Missile Defense Agency's Ballistic Missile Defense System, providing to any combatant commander deployable ground-based missile defense components that deepen, extend and complement the system to defeat ballistic missiles of short-to-medium range. THAAD's combination of high-altitude capability and hit-to-kill lethality enables it to effectively negate the effects of weapons of mass destruction over a wide area.

    Integrated Defense Systems is Raytheon's leader in Global Capabilities Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.

    Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

    Contact: Maureen Heard 339.645.6664

    Raytheon Company

    CONTACT: Maureen Heard of Raytheon Company, +1-339-645-6664

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

    Company News On-Call: http://www.prnewswire.com/comp/149999.html




    'Atom TV' Returns to COMEDY CENTRAL with a New Season!The Second Season Of The All-Original Broadband Programming Series Premieres Monday Night, March 30 At 2:30 A.M.*

    NEW YORK, March 18 /PRNewswire/ -- COMEDY CENTRAL announces the second season premiere of "Atom TV," an on-air, half-hour, late-night series featuring all-original broadband programming from Atom.com. "Atom TV" will premiere Monday night, March 30 at 2:30 a.m. on COMEDY CENTRAL. Both COMEDY CENTRAL and Atom are divisions of MTV Networks, a unit of Viacom .

    "Atom TV" is a weekly comedy show featuring a selection of random and hilarious Web videos, each one of them developed or handpicked by COMEDY CENTRAL and Atom. Each episode of "Atom TV" features a line-up of original programming that includes animation, live-action narratives and sketch comedies. Some of the Web series that aired on the first season of "Atom TV" included, "Stickman Exodus," "Legend of Neil," "Border Patrol" and "Steven and Stephen," an animated series about Internet-obsessed, groin-conjoined twins from "Adult Swim's" Tim & Eric.

    Below are the Atom shows featured on the second season premiere of "Atom TV":

    "El Vacio: Blogger (Loser Boyfriend)": A young man's pathetic pleas to his girlfriend are posted online for everyone to see.

    "Blake Lewis Is Sh*tting In My Bathroom": "American Idol" season six runner-up Blake Lewis is sh*tting in comedian Kyle Cease's bathroom, just to prove he'll always have the number two spot.

    "The Stimulus Package": Comedy sketch group "The Landline" creates porn to better explain Obama's new stimulus plan.

    "Cutman, Episode 3": The out-of-shape cutman continues to help out his boxers again in the third installment of this series.

    "My Best Friend Is My Penis: Episode 3": Will gets a new best friend and Jon begs for him back.

    "Weekend Plans": A parody music video about newly-married 30-something folks who try to make new friends with other married couples because their single friends still party too much.

    "Spanish For Your Nanny": Atom.com users vote weekly to determine which new uploaded videos should be shown on "Atom TV." This week, a group of rich, snobby suburban wives learn certain phrases for speaking with their nannies -- or so they think. This is the second "Upload Showdown" winner in the show's history to run in full-length!

    "5 On: Celebuskanks": Animated monsters and aliens discuss today's popular "it" girls and celebrities.

    Other Atom shows airing in the second season include the series finale of "My Best Friend Is My Penis: Episode 4," in which Will shoots and kills a passerby so the unemployed Jon can take his money; "Oprah Is Dead," in which the question, "Can the world survive without Oprah?" is finally answered; "Modern Day Jesus: I Died For You," about a hip Jesus who uses his Son of God status to get His way; and "Huggles," an "Upload Showdown" winner about a woman losing her mind after giving her boyfriend a teddy bear for his birthday. The second season of "Atom TV" premieres on Monday night, March 30 at 2:30 a.m. on COMEDY CENTRAL.

    About Atom.com

    Atom.com, a division of Viacom Inc.'s MTV Networks, is a digital comedy network for young men that reaches millions of consumers each month on the Atom.com Web site and millions more through multiplatform distribution on television, mobile phones, and the Internet. Atom.com's programming lineup features daily new releases of original comedy including animation, live-action narrative, topical videos, sketch comedies and spoofs. The site also offers a library of thousands of comedy productions previously developed by, licensed by and uploaded to AtomFilms and COMEDY CENTRAL. Drawing on a strategic partnership with COMEDY CENTRAL and its own 10-year history of online video innovation and leadership (formerly as AtomFilms), Atom.com delivers Web comedy like nobody else.

    About COMEDY CENTRAL

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

    *All Times ET/PT

    COMEDY CENTRAL Corporate Communications

    CONTACT: Kelly Campbell, +1-310-407-4728,
    kelly.campbell@comedycentral.com

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




    Towerstream Announces Record Revenues for the Fourth Quarter 2008 with Sequential Growth of 12% and Year-over-Year Quarterly Growth of 68%Company in a strong financial position with cash balance of $25 million

    MIDDLETOWN, R.I., March 18 /PRNewswire-FirstCall/ -- Towerstream , a leading WiMAX provider currently operating in nine major metropolitan areas, announced results for the fourth quarter and fiscal year ended December 31, 2008.

    Operating Highlights: -- Fourth quarter 2008 revenues increased 12% from the third quarter 2008, above previous guidance of a 10% increase, and a 68% increase from the fourth quarter 2007 -- Gross margin improved to 68% during the fourth quarter 2008 which represented a 6% increase from the third quarter 2008 and a 17% increase from the fourth quarter 2007 -- Customer churn for the fourth quarter 2008 was 1.23%, compared to 1.22% for the third quarter 2008 and 1.99% for the fourth quarter 2007 -- Average revenue per user (ARPU) was $828, a decrease of less than 1% from the third quarter 2008 and an increase of 13% from the fourth quarter 2007 -- "Cash burn" totaled $3.3 million in the fourth quarter 2008, representing a 16% decrease from the third quarter 2008 and a 30% decrease from its peak of $4.7 million in the first quarter 2008 -- EBITDA before stock based compensation improved by 27% from the third quarter 2008, decreasing from a loss of $2.2 million to a loss of $1.6 million -- Six of nine markets are now generating positive EBITDA and Market Cash Flow -- Cash and cash equivalents totaled $25 million on December 31, 2008 Management Comments:

    "Our fourth quarter results complete a year of strong operating performance and execution despite the recession," said Jeff Thompson, President and Chief Executive Officer. "Strong customer demand for our unique, simple broadband products has resulted in three consecutive quarters of double digit sequential revenue growth. With six of our nine markets now generating positive EBITDA, we are well positioned for solid growth in 2009."

    "Our key financial metrics continued to strengthen in the fourth quarter," stated Joseph Hernon, Chief Financial Officer. "Gross margin improved for the third consecutive quarter as additional customers were added at relatively low marginal costs. Fourth quarter operating expenses were only 1% higher than the first quarter even though fourth quarter revenues were 54% higher than first quarter revenues. As a result, EBITDA before stock based compensation improved by 27% in the fourth quarter compared to the third quarter, and our cash burn decreased by 16%. We ended 2008 in a strong financial position with approximately $25 million in cash and cash equivalents. We have the capital required to execute our business plan through this challenging economic period."

    "Given the current economic environment and the significant up-front costs to expand into new markets, we presently plan to focus our resources on strengthening our presence in existing markets rather than opening new markets," stated Mr. Thompson. "With penetration rates of less than 1% in our existing markets, we have substantial opportunities for growth in 2009. We expect capital expenditures to be significantly lower in 2009 since the network build-out in our existing markets has been largely completed."

    Selected Financial Data and Key Operating Metrics: (All dollars are in thousands except ARPU) (Unaudited) Three months ended 12/31/2008 9/30/2008 12/31/2007* Selected Financial Data Revenues $3,210 $2,870 $1,906 Gross profit margin 68% 64% 58% Operating expenses (1) 5,874 6,092 5,023 Operating loss (1) (2,664) (3,222) (3,117) Net loss (1) (2,823) (3,216) (2,727) EBITDA before stock-based compensation (2) (1,588) (2,189) (2,213) Capital expenditures $1,755 $2,041 $2,416 Key Operating Metrics Churn rate (2) 1.23% 1.22% 1.99% ARPU (2) $828 $831 $730 ARPU of new customers (2) $773 $733 $759 (Audited) Years ended 12/31/2008 12/31/2007* Selected Financial Data Revenues $10,656 $6,883 Gross profit margin 62% 64% Operating expenses (1) 24,020 15,695 Operating loss (1) (13,364) (8,812) Net loss (1) (13,377) (8,502) EBITDA before stock-based compensation (2) (9,324) (6,063) Capital expenditures $7,684 $6,710 Key Operating Metrics Churn rate (2) 1.24% 1.60% ARPU (2) $828 $730 ARPU of new customers (2) $806 $794 * Certain reclassifications of prior period amounts have been made to conform to current year presentation. (1) Includes stock-based compensation of $202, $188 and $307, respectively, and $899 and $1,046, respectively. (2) See Non-GAAP Measures below for a definition and reconciliation of EBITDA before stock-based compensation, Market Cash Flow, and definitions of Churn, ARPU and ARPU of new customers. Analysis of Results of Operations and Financial Condition Fourth Quarter 2008 Results of Operations

    Revenues for the fourth quarter 2008 increased 12% compared to the third quarter 2008, and increased 68% from the fourth quarter 2007. These increases were driven by the continued growth in our customer base and improved ARPU, primarily associated with the success of our mid-range offering which is priced at $999 per month.

    ARPU of new customers in the fourth quarter 2008 increased 5% compared to the third quarter 2008, and increased 2% compared to the fourth quarter 2007. ARPU of all customers in the fourth quarter 2008 decreased less than 1% compared to the third quarter 2008, and increased 13% compared to the fourth quarter 2007. Customer churn for the fourth quarter 2008 of 1.23% remained essentially flat compared to 1.22% for the third quarter 2008 and decreased from 1.99% for the fourth quarter 2007.

    Gross margin increased by 6% in the fourth quarter 2008 compared to the third quarter 2008, and increased by 17% compared to the fourth quarter 2007. The improvement in gross margin primarily related to an increase in the number of customers, and the Company's ability to add these customers onto its network at relatively low marginal cost.

    Customer support expenses in the fourth quarter 2008 increased 10% compared to the third quarter 2008, and increased 55% compared to the fourth quarter 2007. These increases reflect staffing additions and other costs incurred to support our growing customer base. The number of customers increased 12% during the fourth quarter 2008.

    Sales and marketing expenses in the fourth quarter 2008 decreased 14% compared to the third quarter 2008, and increased 22% compared to the fourth quarter 2007. The sequential decline related to a decrease in average department headcount from 135 in the third quarter 2008 to 106 in the fourth quarter 2008, as the Company increased its focus on cost controls in response to the recession. The increase in the fourth quarter 2008 compared to the fourth quarter 2007 reflects higher payroll costs associated with the overall expansion of our sales and marketing team in 2008. Sales and marketing headcount includes direct sales personnel including account executives, sales managers and sales directors, as well as indirect sales personnel which includes sales operations, support and administration.

    General and administrative expenses decreased 3% in the fourth quarter 2008 compared to the third quarter 2008, and decreased 12% compared to the fourth quarter 2007. During the fourth quarter 2007, the Company incurred higher professional services fees related to recruiting activities and investor relations services, as compared to the fourth quarter 2008.

    Net loss decreased 12% in the fourth quarter 2008 compared to the third quarter 2008, and increased 4% compared to the fourth quarter 2007. The 12% improvement on a sequential basis reflects the positive effect of a 12% increase in revenues and a 4% decrease in operating expenses.

    2008 Full Year Results of Operations

    Revenues for 2008 increased 55% compared to 2007. This increase was driven by continued growth in our customer base and higher ARPU, primarily associated with the success of our mid-range offering which is priced at $999 per month.

    ARPU of new customers in 2008 increased 2% compared to 2007. ARPU of all customers for 2008 increased 13% compared to 2007, related to strong sales of our mid-range offering which has a selling price higher than our ARPU. Customer churn for 2008 of 1.24% decreased 23% compared to 1.60% for 2007. During 2008, we invested approximately $3.8 million to strengthen our network in existing markets and establish a network presence in new markets. In addition, we added personnel in our customer care and engineering departments. These efforts resulted in higher levels of customer satisfaction and reduced churn.

    Gross margin decreased by 4% for 2008 compared to 2007. The Company launched service in Miami at the end of first quarter 2007 and in Dallas-Fort Worth in the second quarter of 2008. During 2008, the Company also expanded its network in a number of existing markets. These activities increased network operating expenses by approximately $1.3 million. Towerstream's gross margin can fluctuate from period to period due to the timing of when the Company expands into new markets or adds network capacity to existing markets. The effect of entering new markets can be substantial because the Company is required to incur significant costs to establish a market presence before generating new customer revenues.

    Customer support expenses for 2008 increased 95% compared to 2007. This increase reflects staffing additions and other costs incurred to support our growing customer base. The number of customers increased 51% during 2008. Average headcount increased from 23 to 35 in 2008.

    Sales and marketing expenses for 2008 increased 114% compared to 2007, primarily related to higher payroll costs associated with the expansion of our sales and marketing department. The average number of department personnel totaled 123 in 2008 compared to 54 in 2007.

    General and administrative expenses for 2008 increased 6% compared to 2007. Payroll costs increased by approximately $700,000 related to higher employee headcount which also resulted in an increase of approximately $718,000 in indirect personnel related costs. These increases were offset by a decrease in professional services fees of approximately $976,000 related to merger and financing transactions completed in 2007.

    Net loss increased 57% in 2008 compared to 2007. Approximately $4.1 million, or 84%, of the increase related to higher sales and marketing expenses, primarily associated with the expansion of our sales and marketing department.

    Cash and cash equivalents totaled $24.7 million at December 31, 2008 compared to $40.8 million at December 31, 2007 representing a "cash burn" of approximately $16 million for 2008. Capital expenditures totaled approximately $7.7 million during 2008 primarily related to network, base station, and customer premise equipment associated with installations for new customers and increases in our network capabilities. Net cash used in operating activities totaled approximately $7.9 million for 2008 with a significant portion attributable to a substantial increase in the Company's sales and marketing department.

    Operating Outlook and Guidance: -- Revenues for the first quarter 2009 are expected to increase by approximately 60% to 65% on a year-over-year basis. -- Operating focus will remain on increasing penetration in our existing markets and reaching EBITDA break-even before expanding into new markets. Non-GAAP Measures

    The terms "EBITDA before stock-based compensation", "Churn", "Churn rate" and "ARPU" are measurements used by Towerstream to monitor business performance and are not recognized measures under generally accepted accounting principles ("GAAP"). Accordingly, investors are cautioned in using or relying upon these measures as alternatives to recognized GAAP measures. Our methods of calculating these measures may differ from other issuers and, accordingly, may not be comparable to similar measures presented by other issuers.

    The term "EBITDA before stock-based compensation" refers to income before deducting interest, taxes, depreciation, amortization and stock-based compensation. The terms "Churn" and "Churn rate" refer to the percent of revenue lost on a monthly basis from customers disconnecting from our network. The term "ARPU" refers to the monthly average revenue per user, or customer, being generated from those customers under contract at the end of each indicated period. We calculate ARPU by dividing our monthly recurring revenue ("MRR") at the end of a period by the number of customers generating that MRR. ARPU of new customers is calculated in the same manner but only includes new customers who entered into contracts during the indicated period. Market Cash Flow represents the amount of cash generated in a market after deducting a market's direct operating expenses from that market's revenues. Market Cash Flow does not include (i) centralized operating costs which support all markets collectively or (ii) any network related capital expenditures incurred in a market.

    The Non-GAAP measure, EBITDA before stock-based compensation, has been reconciled to Net loss as follows:

    All amounts are in thousands except per share amounts Three months ended 12/31/2008 9/30/2008 *12/31/2007 Reconciliation of Non-GAAP to GAAP: EBITDA before stock-based compensation $(1,588) $(2,189) $(2,213) Interest expense (115) (106) (133) Interest income 18 124 527 Depreciation (936) (857) (601) Stock-based compensation (202) (188) (307) Net loss $(2,823) $(3,216) $(2,727) Years ended 12/31/2008 *12/31/2007 Reconciliation of Non-GAAP to GAAP: EBITDA before stock-based compensation $(9,324) $(6,063) Interest expense (509) (975) Interest income 578 1,461 Depreciation (3,223) (1,879) Stock-based compensation (899) (1,046) Net loss $(13,377) $(8,502) * Certain reclassifications of prior period amounts have been made to conform to current year presentation. Summary Condensed Consolidated Financial Statements (Audited) December 31, December 31, 2008 2007 Assets Current Assets Cash and cash equivalents $24,740 $40,757 Accounts receivable, net 280 185 Other 319 736 Total Current Assets 25,339 41,678 Property and equipment, net 12,891 8,519 Other assets 1,058 758 Total Assets 39,288 50,955 Liabilities and Stockholders' Equity Current Liabilities Accounts payable 1,395 1,414 Accrued expenses 861 686 Deferred revenues 986 632 Short-term debt, net of discount 2,607 - Other 78 47 Total Current Liabilities 5,927 2,779 Other Liabilities Long-term debt, net of discount - 3,143 Other 354 298 Total Other Liabilities 354 3,441 Total Liabilities 6,281 6,220 Stockholders' Equity Common stock 34 34 Additional paid-in-capital 54,852 53,223 Deferred consulting costs - (20) Accumulated deficit (21,879) (8,502) Total Stockholders' Equity 33,007 44,735 Total Liabilities and Stockholders' Equity $39,288 $50,955 ======= ======= (Unaudited) (Audited) Three months ended Years ended December 31, December 31, 2008 2007 2008 2007 Revenues $3,210 $1,906 $10,656 $6,883 Operating Expenses Cost of revenues (exclusive of depreciation) 1,031 799 4,076 2,469 Depreciation 936 601 3,223 1,879 Customer support services 498 322 1,820 932 Sales and marketing 1,766 1,442 7,692 3,588 General and administrative 1,643 1,859 7,209 6,827 Total Operating Expenses 5,874 5,023 24,020 15,695 Operating Loss (2,664) (3,117) (13,364) (8,812) Other Income (Expense) Interest income 18 527 578 1,461 Interest expense (115) (133) (509) (975) Other expense, net (62) (4) (82) (176) Total Other Income (Expense) (159) 390 (13) 310 Net Loss $(2,823) $(2,727) $(13,377) $(8,502) Net loss per common share $(0.08) $(0.08) $(0.39) $(0.29) Net loss per common share excluding stock-based compensation $(0.08) $(0.07) $(0.36) $(0.25) Weighted average common shares outstanding - basic and diluted 34,567 34,080 34,544 29,244 (Audited) Years ended December 31, 2008 2007 Cash Flows From Operating Activities Net loss $(13,377) $(8,502) Non-cash adjustments: Depreciation 3,223 1,879 Stock-based compensation 899 1,046 Other 555 1,069 Changes in operating assets and liabilities 827 534 Net Cash Used in Operating Activities (7,873) (3,974) Cash Flows From Investing Activities Acquisitions of property and equipment (7,684) (6,710) Acquisition of FCC licenses (400) (125) Other (12) (60) Net Cash Used In Investing Activities (8,096) (6,895) Cash Flows From Financing Activities Net proceeds from sale of common stock - 48,251 Net proceeds from sale of debentures - 3,360 Proceeds from exercise of warrants/options - 127 Repayment of notes - (209) Repayment of capital leases (48) (63) Net Cash (Used In) Provided By Financing Activities (48) 51,466 Net (Decrease) Increase In Cash and Cash Equivalents (16,017) 40,597 Cash and Cash Equivalents - Beginning 40,757 160 Cash and Cash Equivalents - Ending $24,740 $40,757 Conference Call and Webcast

    A conference call led by President and Chief Executive Officer, Jeff Thompson, and Chief Financial Officer, Joseph Hernon, will be held on March 19, 2009 at 8:30 a.m. EDT to review results and provide an update on business developments.

    Interested parties may participate in the conference by dialing 888-679-8033 or 617-213-4846 (for international callers) using pass code 70974945. A telephonic replay of the conference may be accessed approximately two hours after the call through March 26, 2009 at 11:59 p.m. EDT by dialing 888-286-8010 or 617-801-6888 (for international callers) using pass code 91002308.

    The call will also be webcast and can be accessed in a listen-only mode on the Company's website at http://ir.towerstream.com/events.cfm.

    Towerstream's wireless broadband solution network delivers high-speed Internet access supporting VoIP, bandwidth on demand, wireless redundancy, VPNs, disaster recovery, bundled data, and video services, and can be delivered in days. Unlike cable Internet and DSL, Towerstream connections are symmetrical, which means that the upload and download speeds are identical. This creates a more stable connection, suitable for VoIP and web hosting, as well as many other business applications. Companies utilizing multiple appliances simultaneously, such as streaming video and VoIP, can prioritize their bandwidth to secure mission-critical activities. All of Towerstream's products are backed by its Service Level Agreement (SLA) and the ability to be up and running within a week. Towerstream currently serves businesses of all sizes in New York, Boston, Los Angeles, Chicago, the San Francisco Bay Area, Miami, Seattle, Dallas-Fort Worth and Providence/Newport, RI.

    For more information, visit http://www.towerstream.com/. About Towerstream Corporation

    Towerstream is a leading WiMAX service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the Company has established networks in nine markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay Area, Miami, Seattle, Dallas-Fort Worth, and the greater Providence area where the Company is based. The Company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability. Towerstream was awarded two 2008 Telephony Innovation Awards for Most Innovative Broadband Wireless Service and Most Innovative Small Business Service and the Best of WiMAX World 2008 Service Provider Deployment Award for its New York City network.

    Safe Harbor

    Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the Company with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

    INVESTOR CONTACT: Terry McGovern Vision Advisors 415-902-3001 mcgovern@visionadvisors.net MEDIA CONTACT: Amanda Lordy / Todd Barrish Dukas Public Relations 212-704-7385 amanda@dukaspr.com / todd@dukaspr.com

    Towerstream

    CONTACT: Investors: Terry McGovern, Vision Advisors, +1-415-902-3001,
    mcgovern@visionadvisors.net; or Media: Amanda Lordy, amanda@dukaspr.com, or
    Todd Barrish, todd@dukaspr.com, Dukas Public Relations, +1-212-704-7385, all
    for Towerstream

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




    GeckoSystems Ready for Explosive $15B Growth in Personal Robots

    CONYERS, Ga., March 18 /PRNewswire-FirstCall/ -- GeckoSystems Intl. Corp. (Pink Sheets: GCKO) announced today that their multi-tasking personal robot product, the CareBot(tm) MSR, satisfies the requirements indicated by ABI Research to penetrate this growing marketplace.

    The report from ABI Research is predicting that by the year 2015, people will probably be willing to spend as much for a multi-tasking humanoid robot as they would for a new car. "Within six years, the personal robot market will likely balloon to $15 billion," said Philip Solis, an analyst at the New York-based research firm.

    GeckoSystems' suite of mobile robot solutions includes automatic self navigation software (GeckoNav(tm)), verbal interaction for voice control and responses (GeckoChat(tm)), and automatic person following (GeckoTrak(tm)) from their multi-tasking humanoid personal robot, the CareBot.

    "Consumers will become eager to spend extra money on multitask robots that can perform effectively," continued Solis. "There is money to be made in personal robots, specifically within the task and entertainment segments."

    "We are very pleased to learn that a prestigious, international market research firm has independently determined that this emerging marketplace's expectations as to price and functionality are exceeded by our CareBot product line of personal robots," commented Martin Spencer, President/CEO of GeckoSystems. "With the proprietary R&D of GeckoSystems, we anticipate as much as 10-15 percent penetration in the next 5-7 years. Our CareBots multi-task constantly and perform their assigned activities in order to have actionable situational awareness and the 'common sense' to respond appropriately."

    GeckoSystems' mobile robot solutions are appropriate for the consumer, professional healthcare, commercial security/public safety, and defense markets.

    ABI Research is a leading market research firm focused on the impact of emerging technologies on global consumer and business markets. Utilizing a unique blend of market intelligence, primary research, and expert assessment from its worldwide team of industry analysts, ABI Research assists hundreds of clients each year with their strategic growth initiatives. Visit http://www.abiresearch.com/ +1.516.624.2500.

    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.

    http://www.geckosystems.com/ 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/




    Oracle Reports Q3 GAAP EPS Up 3% to 26 Cents, Non-GAAP EPS Up 16% to 35 CentsDeclares First-Ever Quarterly Dividend of 5 Cents per Share of Common Stock

    REDWOOD SHORES, Calif., March 18 /PRNewswire-FirstCall/ -- Oracle Corporation today announced fiscal 2009 Q3 GAAP earnings per share were $0.26, up 3% compared to last year. Third quarter GAAP total revenues were up 2% to $5.5 billion, while quarterly GAAP net income was down 1% to $1.3 billion. GAAP software revenues were up 5% to $4.4 billion with new software license revenues down 6% to $1.5 billion. GAAP software license updates and product support revenues were up 11% to $2.9 billion. GAAP services revenues were down 8% to $1.0 billion. GAAP operating income was up 4% to $1.9 billion and GAAP operating margin was up 54 basis points to 36%. GAAP operating cash flow on a trailing twelve month basis was $8.5 billion, up 17%.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)

    Oracle's Q3 results were impacted by the dramatically reduced value of foreign currencies when compared to US dollars, reducing GAAP earnings by $0.05 per share. If currency exchange rates were the same as they were in Q3 of last year, Oracle's Q3 GAAP earnings per share would have been up 18% to $0.31 rather than up 3% to $0.26, with total GAAP revenues up 11% rather than up 2%, GAAP software revenues up 14% rather than up 5%, GAAP net income up 14% rather than down 1%, and GAAP operating income up 17% rather than up 4%.

    Third quarter non-GAAP earnings per share were up 16% to $0.35, and non-GAAP net income was up 12% to $1.8 billion, compared to the same quarter last year. Non-GAAP total revenues were up 2% to $5.5 billion. Non-GAAP software revenues were up 5% to $4.5 billion and non-GAAP software license updates and product support revenues were up 12% to $3.0 billion. Non-GAAP operating income was up 15% to $2.6 billion and non-GAAP operating margin was up 510 basis points to 46%.

    If currency exchange rates were the same as they were in Q3 of last year, Oracle's non-GAAP earnings per share would have been up 29% to $0.40, rather than up 16% to $0.35, with total non-GAAP revenues up 12% rather than up 2%, non-GAAP software revenues up 14% rather than up 5%, non-GAAP net income up 24% rather than up 12% and non-GAAP operating income up 26% rather than up 15%.

    Oracle also announced today that its Board of Directors intends to pay a quarterly cash dividend of $0.05 per share, or $0.20 per share annually, on its common stock. The Board declared the first cash dividend of $0.05 per share of outstanding common stock to be paid to shareholders of record as of the close of business on April 8, 2009, with a payment date of May 8, 2009. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Oracle's Board of Directors.

    "Our non-GAAP operating income was $2.6 billion in Q3, which was an increase of 15% over the same period last year, resulting in operating margins of 46%. In constant currency, non-GAAP operating income grew by 26%," said Oracle Executive Vice President and CFO, Jeff Epstein. "In addition, Oracle generated $8.0 billion in free cash flow in the past twelve months, up 14% over the same period last year."

    "We are committed to delivering value to our stockholders through technology innovation, strategic acquisitions, stock repurchases, and now through a dividend," said Safra Catz, Oracle's President. "We generated $8.0 billion in free cash flow over the last twelve months and we are running our business at record operating margins. We have always been committed to rewarding our stockholders' investments in Oracle and the Board has decided that it is the right time to declare a dividend for our stockholders."

    "If you look past the effect of exchange rates, our new software license revenues for this quarter were higher than our new software license revenues for Q3 of last year," said Oracle President Charles Phillips. "Achieving constant currency growth in new software license sales in this very challenging economy shows that we continue to beat our competitors in both technology and applications."

    "But for the strengthening of the US dollar leading to unfavorable currency exchange rates, our non-GAAP earnings per share would have increased 29% in Q3," said Oracle CEO, Larry Ellison. "This is a tremendous achievement in the face of the serious slowdown in the world economy."

    Q3 Earnings Conference Call and Webcast

    Oracle will hold a conference call and web broadcast today to discuss these results at 2:00 p.m. (PDT) / 5:00 p.m. (EDT). To access the live web broadcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. Please hold down your control key while pressing refresh to ensure that the web link is visible.

    Supplemental Financial Tables

    Supplemental financial materials regarding these results are available on our Investor Relations website at: http://www.oracle.com/investor. To receive these supplemental financial tables and other Investor Relations alerts directly, please subscribe to Oracle's RSS feeds via the RSS link on our website.

    About Oracle

    Oracle Corporation is the world's largest business software company. For more information about Oracle, please visit our Web site at oracle.com or call Investor Relations at (650) 506-4073.

    Trademarks

    Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

    "Safe Harbor" Statement: Statements in this press release and accompanying materials relating to the Board of Directors' or Oracle's future plans, intentions and prospects are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current plans, intentions and expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Economic, political and market conditions, including the recent global economic and financial crisis, could adversely affect our business, operating results or financial condition, including our revenue growth and profitability, through reductions in customer IT budgets and expenditures and through the general tightening of access to credit. (2) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, unanticipated fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for software license updates and product support. (3) We cannot assure market acceptance of new products or services or new versions of existing or acquired products or services. (4) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. (5) Periodic changes to our pricing model and sales organization could temporarily disrupt operations and cause a decline or delay in sales. (6) Intense competitive forces demand rapid technological advances and frequent new product introductions and could require us to reduce prices or cause us to lose customers. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle's Investor Relations website at http://www.oracle.com/investor. All information set forth in this release is current as of March 18, 2009. Oracle undertakes no duty to update any statement in light of new information or future events.

    ORACLE CORPORATION Q3 FISCAL 2009 FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) Three Months Ended ---------------------------------- % Increase February February % Increase (Decrease) 28, % of 29, % of (Decrease) in Constant 2009 Revenues 2008 Revenues in US $ Currency (1) --------------------------------------------------------- REVENUES New software licenses $1,516 28% $1,616 30% (6%) 3% Software license updates and product support 2,917 53% 2,624 49% 11% 20% --------------------------------- Software Revenues 4,433 81% 4,240 79% 5% 14% --------------------------------- Services 1,020 19% 1,109 21% (8%) 2% --------------------------------- Total Revenues 5,453 100% 5,349 100% 2% 11% --------------------------------- OPERATING EXPENSES Sales and marketing 1,054 19% 1,083 20% (3%) 6% Software license updates and product support 256 5% 254 5% 1% 9% Cost of services 855 16% 989 19% (14%) (5%) Research and development 677 12% 682 13% (1%) 3% General and administrative 192 4% 206 4% (7%) (1%) Amortization of intangible assets 437 8% 292 5% 49% 50% Acquisition related and other (2) 27 0% (40) (1%) 166% 169% Restructuring 15 0% 8 0% 83% 110% --------------------------------- Total Operating Expenses 3,513 64% 3,474 65% 1% 8% --------------------------------- OPERATING INCOME 1,940 36% 1,875 35% 4% 17% Interest expense (154) (3%) (82) (2%) 87% 87% Non-operating income, net 24 0% 84 2% (72%) (54%) --------------------------------- INCOME BEFORE PROVISION FOR INCOME TAXES 1,810 33% 1,877 35% (4%) 11% --------------------------------- Provision for income taxes 481 9% 537 10% (10%) 3% --------------------------------- NET INCOME $1,329 24% $1,340 25% (1%) 14% ================================= EARNINGS PER SHARE: Basic $0.27 $0.26 Diluted $0.26 $0.26 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 5,005 5,148 Diluted 5,056 5,235 (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rate in effect on May 31, 2008, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. The United States dollar strengthened relative to most major international currencies in the three months ended February 28, 2009 compared with the corresponding prior year period, reducing revenue by 9 percentage points, operating expenses by 7 percentage points and operating income by 13 percentage points. (2) Acquisition related and other expenses for the three months ended February 29, 2008 include a gain on property sale of $57 million. Please see Appendix A for further discussion. ORACLE CORPORATION Q3 FISCAL 2009 FINANCIAL RESULTS RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1) ($ in millions, except per share data) Three Months Ended --------------------------------------------------------- February 28, February 28, February 29, February 29, 2009 2009 2008 2008 GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP --------------------------------------------------------- TOTAL REVENUES (3) $5,453 $51 $5,504 $5,349 $22 $5,371 TOTAL SOFTWARE REVENUES (3) $4,433 $51 $4,484 $4,240 $22 $4,262 New software licenses 1,516 - 1,516 1,616 - 1,616 Software license updates and product support (3) 2,917 51 2,968 2,624 22 2,646 TOTAL OPERATING EXPENSES $3,513 $(564) $2,949 $3,474 $(322) $3,152 Stock-based compensation (4) 85 (85) - 62 (62) - Amortization of intangible assets (5) 437 (437) - 292 (292) - Acquisition related and other 27 (27) - (40) 40 - Restructuring 15 (15) - 8 (8) - OPERATING INCOME $1,940 $615 $2,555 $1,875 $344 $2,219 OPERATING MARGIN % 36% 46% 35% 41% INCOME TAX EFFECTS (6) $481 $164 $645 $537 $98 $635 NET INCOME $1,329 $451 $1,780 $1,340 $246 $1,586 DILUTED EARNINGS PER SHARE $0.26 $0.35 $0.26 $0.30 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 5,056 - 5,056 5,235 - 5,235 % Increase % Increase (Decrease) in (Decrease) in Constant US $ Currency (2) ------------------------------------ GAAP Non-GAAP GAAP Non-GAAP ------------------------------------ TOTAL REVENUES (3) 2% 2% 11% 12% TOTAL SOFTWARE REVENUES (3) 5% 5% 14% 14% New software licenses (6%) (6%) 3% 3% Software license updates and product support (3) 11% 12% 20% 21% TOTAL OPERATING EXPENSES 1% (6%) 8% 1% Stock-based compensation (4) 37% * 37% * Amortization of intangible assets (5) 49% * 50% * Acquisition related and other 166% * 169% * Restructuring 83% * 110% * OPERATING INCOME 4% 15% 17% 26% OPERATING MARGIN % 54 bp 510 bp 178 bp 545 bp INCOME TAX EFFECTS (6) (10%) 2% 3% 13% NET INCOME (1%) 12% 14% 24% DILUTED EARNINGS PER SHARE 3% 16% 18% 29% DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (3%) (3%) (3%) (3%) (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rate in effect on May 31, 2008, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. (3) As of February 28, 2009, approximately $20 million and $21 million in estimated revenues related to assumed support contracts will not be recognized during the remainder of fiscal 2009 and fiscal 2010, respectively, due to business combination accounting rules. (4) Stock-based compensation is included in the following GAAP operating expense categories: Three Months Ended Three Months Ended February 28, 2009 February 29, 2008 --------------------- --------------------- GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP --------------------- --------------------- Sales and marketing $16 $(16) $- $12 $(12) $- Software license updates and product support 3 (3) - 1 (1) - Cost of services 3 (3) - 2 (2) - Research and development 39 (39) - 31 (31) - General and administrative 24 (24) - 16 (16) - --- --- --- --- --- --- Subtotal 85 (85) - 62 (62) - --- --- --- --- --- --- Acquisition related and other 3 (3) - 3 (3) - --- --- --- --- --- --- Total stock-based compensation $88 $(88) $- $65 $(65) $- === === === === === === (5) Estimated future annual amortization expense related to intangible assets as of February 28, 2009 is as follows: Remainder of Fiscal 2009 $453 Fiscal 2010 1,653 Fiscal 2011 1,364 Fiscal 2012 1,216 Fiscal 2013 1,084 Fiscal 2014 881 Thereafter 1,053 ----- Total $7,704 ====== (6) Income tax effects were calculated reflecting an effective GAAP and non-GAAP tax rate of 26.6% in the third quarter of fiscal 2009 and 28.6% in the third quarter of fiscal 2008. * Not meaningful ORACLE CORPORATION Q3 FISCAL 2009 YEAR TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) Nine Months Ended ---------------------------------- % Increase February February % Increase (Decrease) 28, % of 29, % of (Decrease) in Constant 2009 Revenues 2008 Revenues in US $ Currency (1) --------------------------------------------------------- REVENUES New software licenses $4,379 27% $4,371 29% 0% 6% Software license updates and product support 8,702 53% 7,497 49% 16% 20% --------------------------------- Software Revenues 13,081 80% 11,868 78% 10% 15% --------------------------------- Services 3,310 20% 3,323 22% 0% 5% --------------------------------- Total Revenues 16,391 100% 15,191 100% 8% 12% --------------------------------- OPERATING EXPENSES Sales and marketing 3,312 20% 3,153 21% 5% 9% Software license updates and product support 795 5% 729 5% 9% 13% Cost of services 2,820 17% 2,911 19% (3%) 1% Research and development 2,037 12% 2,007 13% 1% 4% General and administrative 571 4% 608 4% (6%) (3%) Amortization of intangible assets 1,276 8% 867 6% 47% 47% Acquisition related and other (2) 98 1% 28 0% 252% 250% Restructuring 46 0% 14 0% 227% 272% --------------------------------- Total Operating Expenses 10,955 67% 10,317 68% 6% 10% --------------------------------- OPERATING INCOME 5,436 33% 4,874 32% 12% 18% Interest expense (471) (3%) (265) (2%) 78% 78% Non-operating income, net 114 1% 284 2% (60%) (48%) --------------------------------- INCOME BEFORE PROVISION FOR INCOME TAXES 5,079 31% 4,893 32% 4% 11% --------------------------------- Provision for income taxes 1,377 8% 1,409 9% (2%) 5% --------------------------------- NET INCOME $3,702 23% $3,484 23% 6% 14% ================================= EARNINGS PER SHARE: Basic $0.73 $0.68 Diluted $0.72 $0.67 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 5,095 5,128 Diluted 5,159 5,228 (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rate in effect on May 31, 2008, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. The United States dollar strengthened relative to most major international currencies in the nine months ended February 28, 2009 compared with the corresponding prior year period, reducing revenue by 4 percentage points, operating expenses by 4 percentage points and operating income by 6 percentage points. (2) Acquisition related and other expenses for the nine months ended February 29, 2008 include a gain on property sale of $57 million. Please see Appendix A for further discussion. ORACLE CORPORATION Q3 FISCAL 2009 YEAR TO DATE FINANCIAL RESULTS RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1) ($ in millions, except per share data) Nine Months Ended --------------------------------------------------------- February 28, February 28, February 29, February 29, 2009 2009 2008 2008 GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP --------------------------------------------------------- TOTAL REVENUES (3) $16,391 $222 $16,613 $15,191 $138 $15,329 TOTAL SOFTWARE REVENUES (3) $13,081 $222 $13,303 $11,868 $138 $12,006 New software licenses 4,379 - 4,379 4,371 - 4,371 Software license updates and product support (3) 8,702 222 8,924 7,497 138 7,635 TOTAL OPERATING EXPENSES $10,955 $(1,680) $9,275 $10,317 $(1,103) $9,214 Stock-based compensation (4) 260 (260) - 194 (194) - Amortization of intangible assets (5) 1,276 (1,276) - 867 (867) - Acquisition related and other 98 (98) - 28 (28) - Restructuring 46 (46) - 14 (14) - OPERATING INCOME $5,436 $1,902 $7,338 $4,874 $1,241 $6,115 OPERATING MARGIN % 33% 44% 32% 40% INCOME TAX EFFECTS (6) $1,377 $535 $1,912 $1,409 $357 $1,766 NET INCOME $3,702 $1,367 $5,069 $3,484 $884 $4,368 DILUTED EARNINGS PER SHARE $0.72 $0.98 $0.67 $0.84 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 5,159 - 5,159 5,228 1 5,229 % Increase % Increase (Decrease) in (Decrease) in Constant US $ Currency (2) ------------------------------------ GAAP Non-GAAP GAAP Non-GAAP ------------------------------------ TOTAL REVENUES (3) 8% 8% 12% 13% TOTAL SOFTWARE REVENUES (3) 10% 11% 15% 15% New software licenses 0% 0% 6% 6% Software license updates and product support (3) 16% 17% 20% 20% TOTAL OPERATING EXPENSES 6% 1% 10% 4% Stock-based compensation (4) 34% * 34% * Amortization of intangible assets (5) 47% * 47% * Acquisition related and other 252% * 250% * Restructuring 227% * 272% * OPERATING INCOME 12% 20% 18% 25% OPERATING MARGIN % 108 bp 428 bp 169 bp 443 bp INCOME TAX EFFECTS (6) (2%) 8% 5% 14% NET INCOME 6% 16% 14% 22% DILUTED EARNINGS PER SHARE 8% 18% 15% 24% DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (1%) (1%) (1%) (1%) (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rate in effect on May 31, 2008, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. (3) As of February 28, 2009, approximately $20 million and $21 million in estimated revenues related to assumed support contracts will not be recognized during the remainder of fiscal 2009 and fiscal 2010, respectively, due to business combination accounting rules. (4) Stock-based compensation is included in the following GAAP operating expense categories: Nine Months Ended Nine Months Ended February 28, 2009 February 29, 2008 --------------------- --------------------- GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP --------------------- --------------------- Sales and marketing $51 $(51) $- $38 $(38) $- Software license updates and product support 10 (10) - 8 (8) - Cost of services 9 (9) - 9 (9) - Research and development 121 (121) - 84 (84) - General and administrative 69 (69) - 55 (55) - --- --- --- --- --- --- Subtotal 260 (260) - 194 (194) - --- --- --- --- --- --- Acquisition related and other 14 (14) - 39 (39) - --- --- --- --- --- --- Total stock-based compensation $274 $(274) $- $233 $(233) $- === === === === === === (5) Estimated future annual amortization expense related to intangible assets as of February 28, 2009 is as follows: Remainder of Fiscal 2009 $453 Fiscal 2010 1,653 Fiscal 2011 1,364 Fiscal 2012 1,216 Fiscal 2013 1,084 Fiscal 2014 881 Thereafter 1,053 ----- Total $7,704 ====== (6) Income tax effects were calculated reflecting an effective GAAP tax rate of 27.1% and 28.8% in the first nine months of fiscal 2009 and 2008, respectively, and an effective non-GAAP tax rate of 27.4% and 28.8% in the first nine months of fiscal 2009 and 2008, respectively. Our non-GAAP tax rate in the first nine months of fiscal 2009 excludes the effect of an adjustment to our non-current deferred tax liability associated with acquired intangible assets. * Not meaningful ORACLE CORPORATION Q3 FISCAL 2009 FINANCIAL RESULTS CONDENSED CONSOLIDATED BALANCE SHEETS ($ in millions) February 28, May 31, 2009 2008 -------------------- ASSETS Current Assets: Cash and cash equivalents $8,211 $8,262 Marketable securities 3,083 2,781 Trade receivables, net 3,025 5,127 Deferred tax assets 635 853 Prepaid expenses and other current assets 657 1,080 --- ----- Total Current Assets 15,611 18,103 Non-Current Assets: Property, net 1,914 1,688 Intangible assets, net 7,704 8,395 Goodwill 18,642 17,991 Other assets 1,078 1,091 ----- ----- Total Non-Current Assets 29,338 29,165 ------ ------ TOTAL ASSETS $44,949 $47,268 ======= ======= LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Notes payable, current and other current borrowings $1,002 $1,001 Accounts payable 272 383 Accrued compensation and related benefits 1,073 1,770 Deferred revenues 3,952 4,492 Other current liabilities 1,673 2,383 ----- ----- Total Current Liabilities 7,972 10,029 Non-Current Liabilities: Notes payable and other non-current borrowings 10,236 10,235 Income taxes payable 1,802 1,566 Deferred tax liabilities 942 1,218 Other non-current liabilities 920 1,195 --- ----- Total Non-Current Liabilities 13,900 14,214 Stockholders' Equity 23,077 23,025 ------ ------ TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $44,949 $47,268 ======= ======= ORACLE CORPORATION Q3 FISCAL 2009 YEAR TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ($ in millions) Nine Months Ended -------------------------- February 28, February 29, 2009 2008 -------------------------- Cash Flows From Operating Activities: Net income $3,702 $3,484 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 198 202 Amortization of intangible assets 1,276 867 Deferred income taxes (302) (130) Minority interests in income 58 45 Stock-based compensation 274 233 Tax benefit on the exercise of stock options 141 492 Excess tax benefits on the exercise of stock options (92) (403) In-process research and development 10 7 Other gains, net - (64) Changes in operating assets and liabilities, net of effects from acquisitions: Decrease in trade receivables, net 1,848 980 Decrease in prepaid expenses and other assets 336 61 Decrease in accounts payable and other liabilities (1,097) (482) Decrease in income taxes payable (51) (273) (Decrease) increase in deferred revenues (54) 88 --- -- Net cash provided by operating activities 6,247 5,107 ----- ----- Cash Flows From Investing Activities: Purchases of marketable securities and other investments (6,906) (3,629) Proceeds from maturities and sales of marketable securities and other investments 6,397 2,532 Acquisitions, net of cash acquired (1,165) (700) Capital expenditures (491) (195) Proceeds from sale of property - 153 --- --- Net cash used for investing activities (2,165) (1,839) ------ ------ Cash Flows From Financing Activities: Payments for repurchases of common stock (3,704) (1,520) Proceeds from issuances of common stock 448 1,047 Repayments of borrowings (4) (1,362) Excess tax benefits on the exercise of stock options 92 403 Distributions to minority interests (53) (49) --- --- Net cash used for financing activities (3,221) (1,481) ------ ------ Effect of exchange rate changes on cash and cash equivalents (912) 404 ---- --- Net (decrease) increase in cash and cash equivalents (51) 2,191 --- ----- Cash and cash equivalents at beginning of period 8,262 6,218 ----- ----- Cash and cash equivalents at end of period $8,211 $8,409 ====== ====== ORACLE CORPORATION Q3 FISCAL 2009 FINANCIAL RESULTS FREE CASH FLOW - TRAILING 4-QUARTERS (1) ($ in millions) Fiscal 2008 ------------------------------- Q1 Q2 Q3 Q4 ------------------------------- GAAP Operating Cash Flow $6,598 $6,957 $7,322 $7,402 Capital Expenditures (2) (357) (369) (331) (243) ------------------------------- Free Cash Flow $6,241 $6,588 $6,991 $7,159 =============================== % Growth over prior year 40% 50% 48% 38% ------------------------------- GAAP Net Income $4,444 $4,781 $5,088 $5,521 Free Cash Flow as a % of Net Income 140% 138% 137% 130% Fiscal 2009 ----------- Q1 Q2 Q3 Q4 ------------------------------- GAAP Operating Cash Flow $7,941 $8,089 $8,542 Capital Expenditures (2) (479) (486) (539) ------------------------------- Free Cash Flow $7,462 $7,603 $8,003 =============================== % Growth over prior year 20% 15% 14% ------------------------------- GAAP Net Income $5,758 $5,750 $5,739 Free Cash Flow as a % of Net Income 130% 132% 139% (1) To supplement our statements of cash flows presented on a GAAP basis, we use non-GAAP measures of cash flows on a trailing 4-quarter basis to analyze cash flow generated from operations. We believe free cash flow is also useful as one of the bases for comparing our performance with our competitors. The presentation of non-GAAP free cash flow is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity. (2) Represents capital expenditures as reported in cash flows from investing activities on our cash flow statements presented in accordance with GAAP. APPENDIX A ORACLE CORPORATION Q3 FISCAL 2009 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects: -- Support deferred revenue: Business combination accounting rules require us to account for the fair value of support contracts assumed in connection with our acquisitions. Because these are typically one-year contracts, our GAAP revenues for the one year period subsequent to our acquisition of a business do not reflect the full amount of software license updates and product support revenues on assumed support contracts that would have otherwise been recorded by the acquired entity. The non-GAAP adjustment is intended to reflect the full amount of such revenues. We believe this adjustment is useful to investors as a measure of the ongoing performance of our business because we have historically experienced high renewal rates on support contracts, although we cannot be certain that customers will renew these contracts. -- Stock-based compensation expenses: We have excluded the effect of stock-based compensation expenses from our non-GAAP operating expenses and net income measures. Although stock-based compensation is a key incentive offered to our employees, and we believe such compensation contributed to the revenues earned during the periods presented and also believe it will contribute to the generation of future period revenues, we continue to evaluate our business performance excluding stock-based compensation expenses. Stock-based compensation expenses will recur in future periods. -- Amortization of intangible assets: We have excluded the effect of amortization of intangible assets from our non-GAAP operating expenses and net income measures. Amortization of intangible assets is inconsistent in amount and frequency and is significantly affected by the timing and size of our acquisitions. Investors should note that the use of intangible assets contributed to revenues earned during the periods presented and will contribute to future period revenues as well. Amortization of intangible assets will recur in future periods. -- Acquisition related and other expenses, and restructuring expenses: We incurred significant expenses in connection with our acquisitions and also incurred certain other operating expenses or income, which we generally would not have otherwise incurred in the periods presented as a part of our continuing operations. Acquisition related and other expenses consist of in-process research and development expenses, personnel related costs for transitional employees, other acquired employee related costs, stock-based compensation expenses (in addition to the stock-based compensation expenses described above), integration related professional services, certain business combination adjustments after the purchase price allocation period has ended, and certain other operating expenses, net. Substantially all of the stock-based compensation expenses included in acquisition related and other expenses resulted from unvested options assumed in acquisitions whose vesting was fully accelerated upon termination of the employees pursuant to the original terms of those options. Restructuring expenses consist of Oracle employee severance and other exit costs. We believe it is useful for investors to understand the effects of these items on our total operating expenses. Although acquisition related expenses and restructuring expenses are not recurring with respect to past acquisitions, we generally will incur these expenses in connection with any future acquisitions. For the three and nine months ended February 29, 2008, acquisition related and other expenses include a gain on property sale of $57 million.

    Photo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
    http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Oracle Corporation

    CONTACT: Roy Lobo of Oracle Investor Relations, +1-650-506-4073,
    investor_us@oracle.com, or Karen Tillmam of Oracle Corporate Communications,
    +1-650-607-0326, karen.tillman@oracle.com

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




    FMC Technologies to Present at the Howard Weil 37th Annual Energy Conference

    HOUSTON, March 18 /PRNewswire-FirstCall/ -- FMC Technologies, Inc. announced today that Peter D. Kinnear, Chairman, President and Chief Executive Officer, will address attendees at the following event:

    (Logo: http://www.newscom.com/cgi-bin/prnh/20081222/LAM028LOGO) Event: Howard Weil 37th Annual Energy Conference Sheraton New Orleans Hotel New Orleans, LA Tuesday, March 24, at 2:15 p.m. EDT Presentation: Presentations from this conference are not being webcast; however, a copy of FMC's presentation materials will be available on the day of the event at http://ir.fmctechnologies.com/events.cfm.

    FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry. The Company designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry. Named by FORTUNE Magazine as America's Most Admired Oil and Gas Equipment, Service Company in 2005, 2006 and 2008, FMC Technologies has approximately 9,800 employees and operates 19 manufacturing facilities in 14 countries. For more information visit http://www.fmctechnologies.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20081222/LAM028LOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com FMC Technologies, Inc.

    CONTACT: Investors, Rob Cherry, +1-281-591-4560, or Media, Ellen Bates,
    +1-281-445-6559, or Michael King, +1-281-931-2540, all for FMC Technologies,
    Inc.

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




    San Diego County Customers Receive More 3G Coverage With Three New Verizon Wireless Cell SitesInvestment increases consumer value as demand grows for calls, email, text, web, video and music

    IRVINE, Calif., March 18 /PRNewswire/ -- San Diego County residents, businesses and visitors are enjoying improved service thanks to three new Verizon Wireless cell sites. The sites expand 3G wireless coverage in:

    -- Lakeside - Eucalyptus Hills north along Hwy 67 to Vigilante Road; east to Rocky Lane; south to Willow Road and west to Pinehurst Drive -- Encinitas - Birmingham View along Lake Drive, Santa Fe Drive and Birmingham Drive -- San Ysidro - South Dennery at the intersection of I-805 and SR-905; residential communities north and south of SR-905 and west of I-805

    The increase in network coverage and capacity means more calls, emails, text and picture messages for locals, plus expanded wireless access to the web.

    Verizon Wireless invested over $600 million in California during 2008 to enhance service and coverage. Nationally, the company has invested more than $48 billion in its network since it was formed in 2000. The result is the nation's largest, most reliable 3G network that powers services such as Mobile Broadband and email.

    Businesses of any size can tap into the power of Mobile Broadband. The service allows users to connect to the Internet wirelessly while on the go to download music over-the-air, and access e-mail or corporate data. For example, customers can download a small 1 megabyte PowerPoint(R) presentation in about eight seconds and upload the same-sized file in less than 13 seconds.

    Small business owners interested in Mobile Broadband, and other wireless solutions, can visit http://smallbusiness.vzw.com/ where they will find:

    -- An online forum to share experiences and connect with other business owners -- Access to Small Business Specialists in each Verizon Wireless store -- Discounts and promotions to help businesses stretch their budgets -- Summaries of mobile solutions like email, wireless Internet and Push to Talk service -- 24/7 tech support

    Verizon Wireless tests its network and those of its competitors. The company determines if voice calls and data connections are successful on the first attempt and stay connected. Nationally, Verizon Wireless' real-life test men and women drive 91 specially equipped vehicles almost 1,000,000 miles annually. They drive on Interstate, U.S. and state highways, as well as major roads and streets in high-population areas, based upon U.S. Census counts. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable 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: Ken Muche of Verizon Wireless, +1-949-286-8193,
    Ken.Muche@VerizonWireless.com

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




    Soitec Group Announces New Partnership With Distributor in China, Strengthening Far East Presence

    SHANGHAI, March 18 /PRNewswire-FirstCall/ -- The Soitec Group (Euronext Paris), the world's leading supplier of silicon-on-insulator (SOI) wafers and other engineered substrates for the microelectronics industry, announced today a new partnership with a distributor in China to strengthen its Far East presence. A member of the Shanghai Semiconductor Association, Cantang Electronics Technology Inc. is a professional service provider specialized in semiconductors, with staff and engineers that understand SOI technology and its markets. Under the new partnership agreement, Cantang Electronics will distribute, market and support Soitec's products and services throughout China.

    "We look forward to a long and successful business relationship with this well-established, reputable company, and are proud to have Cantang promoting and distributing Soitec's products and services. Cantang has a broad base of contacts and customers across China that can benefit from our technology," says Paul Boudre, COO of the Soitec Group. "We already see opportunities in both RF and power management applications in China for our 200mm SOI products, with high market-growth potential."

    SOI is used today in a growing number of advanced electronic devices for a wide variety of applications, ranging from automobiles to portable consumer products. SOI-based chips are cost-efficient to manufacture, and designed to be power-efficient and performance-enhancing. The timely convergence of China's technological readiness and increased industry-wide support for SOI design and manufacturing can facilitate the move to SOI by China's foundries and fabless companies.

    To contact Cantang Electronics in China: Derek Wu, Cantang Electronics Technology Inc. Unit 11, 76 Qiqihaer Rd., Shanghai, China sales@cantang.com.cn / tel: +86-21-6589-3496 About the Soitec Group:

    The Soitec Group is the world's leading innovator and provider of the engineered substrate solutions that serve as the foundation for today's most advanced microelectronic products. The group leverages its proprietary Smart Cut(TM) technology to engineer new substrate solutions, such as silicon-on-insulator (SOI) wafers, which became the first high-volume application for this proprietary technology. Since then, SOI has emerged as the material platform of the future, enabling the production of higher performing, faster chips that consume less power.

    Today, Soitec produces more than 80 percent of the world's SOI wafers. Headquartered in Bernin, France, with two high-volume fabs on-site, Soitec has offices throughout the United States, Japan and Taiwan, and a new production site in the process of customers' qualification in Singapore.

    Two other divisions, Picogiga International (Les Ulis) and Tracit Technologies (Bernin), complete the Soitec Group. Picogiga delivers advanced substrates solutions, including III-V epiwafers and gallium nitride (GaN)-based wafers, to the compound material world for the manufacture of high-frequency electronics and other optoelectronic devices. Tracit, on the other hand, provides thin-film layer transfer technologies used to manufacture advanced substrates for power ICs and microsystems, as well as generic circuit transfer technology for applications such as image sensors and 3D-integration. Shares of the Soitec Group are listed on Euronext Paris. For more information, visit http://www.soitec.com/.

    Soitec, Smart Cut and UNIBOND are trademarks of S.O.I.TEC Silicon On Insulator Technologies.

    Press Contact: Camille Darnaud-Dufour, Tel (France): +33(0)6-79-49-51-43, E-mail: camille.darnaud-dufour@soitec.com

    Soitec Silicon

    CONTACT: To contact Cantang Electronics in China: Derek Wu, Cantang
    Electronics Technology Inc., Unit 11, 76 Qiqihaer Rd., Shanghai, China,
    sales@cantang.com.cn / tel: +86-21-6589-3496. Press Contact: Camille
    Darnaud-Dufour, Tel (France): +33(0)6-79-49-51-43, E-mail:
    camille.darnaud-dufour@soitec.com .




    ClearOne Announces New Partnership With Digital ChinaDigital China to distribute entire ClearOne product line in China.

    SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ -- ClearOne , the leading global provider of audio conferencing products, has announced a new distribution partnership with Digital China ("Digital China" or the "Group"; Stock Code: 00861.HK), the largest distributor of information technology products and services in China.

    Based in Beijing, China, Digital China is the leading distributor of comprehensive IT solutions and has over 8,500 employees in 19 branches and 30 offices across China. Digital China distributes a variety of IT solutions including personal computers, servers, storage equipment, peripherals, networking equipment, mobile office equipment, wireless access equipment and software to 9,000 resellers throughout the country.

    "Audio conferencing solutions have traditionally been distributed through AV Channels," said Li Xiang, General Manager of Digital China's Net Department. "Partnering with Digital China will allow ClearOne to leverage the convergence of AV and IT, will expand channel coverage, and improve customer satisfaction by meeting China's increasing needs for audio conferencing solutions."

    "Digital China is the largest and most influential IT distributor in all of China and we are pleased to have them distributing our audio conferencing solutions nationwide," said Zee Hakimoglu, CEO at ClearOne. "Digital China has provided great leadership in the IT products and services channels and we are confident they will expand ClearOne's presence in the Chinese market. We look forward to a successful partnership resulting in continued growth in this strategic region for both Digital China and ClearOne."

    As ClearOne's exclusive distributor in China, Digital China will be carrying ClearOne's entire audio conferencing product line including the Converge Pro, RAV, MAX, and CHAT product families.

    About ClearOne

    ClearOne Communications Inc. is a communications solutions company that develops and sells audio conferencing systems and related products for audio, video and web conferencing applications. The reliability, flexibility and performance of ClearOne's comprehensive solutions create a natural communications environment that saves organizations time and money by enabling more effective and efficient communication. For additional information, access http://www.clearone.com/.

    ClearOne Contact: Mark Child 801-303-3446 mark.child@clearone.com http://www.b2i.us/irpass.asp?BzID=509&to=ea&s=0

    ClearOne Communications Inc.

    CONTACT: Mark Child of ClearOne, +1-801-303-3446,
    mark.child@clearone.com

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




    TechWeb's Internet Evolution Wins 3 MIN's Best of Web AwardsInternet Evolution wins MIN awards for Digital Team of the Year, Best Community/Social Networking Site, and Best B2B Magazine-Branded Video

    NEW YORK, March 18 /PRNewswire-FirstCall/ -- TechWeb announced today that Internet Evolution won three awards in min's annual Best of the Web competition, which recognizes online publishing excellence in journalism, marketing, and use of technology.

    B2B social networking site Internet Evolution (http://www.internetevolution.com/), which led the field of TechWeb entrants, grabbed top honors in three categories:

    -- Digital Team of the Year: Stephen Saunders, founder of Internet Evolution; Chris Williams, Web development manager; Warren Hultquist, director, Web operations; Ken Surabian, design director; Terry Sweeney, editor in chief; Nicole Ferraro, site editor; Mary Jander, ThinkerNet editor; Kevin Cramer, copy chief; and Amy Averbook, director, corporate marketing -- Best Community/Social Networking Site, beating out Everyday Health for Vaseline; Brides.com on MySpace (Brides.com); MixingBowl.com (Meredith Interactive); SI Digital and Citizen Sports, Facebook.com Search Fantasy Football (Sports Illustrated) -- Best Video: Magazine-Branded Show (B2B), over other finalists that included CSPTV NACS Show Coverage (CSP Information Group Inc.); and Information Week's Start-up City TV (InformationWeek Business Tech Network)

    "We're absolutely delighted that Internet Evolution won three of the four awards for which we were named finalist. This highlights the increasingly pivotal role that social networking is playing in the B2B publishing market," said Stephen Saunders, Founder of Internet Evolution.

    Read more about the Internet Evolution awards won at min's annual Best of Web competition this morning in New York City here: http://www.internetevolution.com/author.asp?section_id=466&doc_id=173629

    About Internet Evolution

    Internet Evolution (http://www.internetevolution.com/) hosts more than 140 world-famous Internet experts -- such as Kevin Mitnick, once the most-wanted computer hacker in the world; Dr. Lawrence Roberts, inventor of packet switching, and one of the world's foremost authorities on telecom network architectures; Vint Cerf, Vice President and Chief Internet Evangelist for Google; and Craig Newmark, the founder of Craigslist.com -- all of whom are addressing today's critical socio-economic issues within its ThinkerNet blogosphere. Internet Evolution also offers broadcast-quality broadband video documentaries and interviews; investigative reports; and user-generated content facilitated via the latest Web 2.0 technology.

    About TechWeb

    TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

    *13.3 million business decision-makers: based on number of monthly connections

    About United Business Media Limited

    UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/.

    Contact Amy Averbook TechWeb's Internet Evolution (212) 925-0020 x112 averbook@lightreading.com

    Internet Evolution

    CONTACT: Amy Averbook, for TechWeb's Internet Evolution,
    +1-212-925-0020, Ext. 112, averbook@lightreading.com

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




    More Students at Oklahoma's Norman Public Schools Score Advanced in Math With Everyday Mathematics(R)

    NORMAN, Okla., March 18 /PRNewswire/ -- Elementary math scores are on the rise in the Norman Public Schools, and teachers credit the increase to Everyday Mathematics(R) from Wright Group/McGraw-Hill. The district adopted the program in the fall of 2004 for Grades 1-5. Now Everyday Mathematics is used in Grades K-5.

    In 2003, Norman was using a different basal mathematics curriculum, and 83% of its Grade 5 students were scoring at a Proficient Level while only 24% were scoring at an Advanced Level. After four years with Everyday Mathematics, 97% of Norman's Grade 5 students are scoring at a Proficient Level and, more importantly, 51% are scoring at an Advanced Level, an improvement of 113%.

    Strong Math Skills in Elementary School Transfer to Middle and High School Success

    Nita Cochran, district math coordinator, said the district's goal is to continue increasing the percentage of elementary school children who score in the Advanced category because experience shows that those students do much better in math in middle school and high school.

    "Everyday Mathematics is a research-based program that gives students the strong mathematical foundation they need as they grow older. More of our Grade 7-8 students are taking Algebra. Ninety-five percent of our Grade 9 students passed the state-mandated Algebra I test in 2008, which was the highest percentage yet. That's because those kids had experienced Everyday Mathematics," she said.

    Cochran said the program is helping the district exceed some of the state's benchmarks. "Our Grade 4 students can successfully add negative integers, which is a Grade 7 benchmark," she explained. "The reason is simple. Everyday Mathematics introduces the number line in Kindergarten. Even our Kindergartners ask about negative numbers because they see them on the number line."

    Special Education Students Make Gains

    Special education students at Norman Public Schools also perform well with Everyday Mathematics. As students are exposed to the program over time, the percentage scoring Proficient or Advanced on the Oklahoma Core Curriculum Test (OCCT) continues to climb.

    In 2006, 55% of Norman's Grade 5 special education students were scoring at a Proficient Level and only 12% were scoring at an Advanced Level. By 2008, 87% of their special education students were ranked Proficient and 26% were ranked Advanced, improvements of 58% and 117% respectively.

    Staff Development Is Key

    Cochran said one reason the program has worked so well in the district is because of staff development. "Many elementary school teachers don't receive enough training in math during college, but Everyday Mathematics and the program's trainers get them up to speed. The trainers have all taught the program for at least three years before becoming trainers, so our teachers really respond well to them. Our teachers feel comfortable asking specific questions about what issues they see in the classroom, and the trainers offer practical answers based on their personal experiences."

    Teachers say Everyday Mathematics has deepened their students' knowledge of math and credit the program with an impact felt throughout the community.

    "Everyday Mathematics has added excitement to our town. People talk about math now, and I never thought that would happen. Football is big in Norman, and I've heard kids making up number games with their parents during football games. I never thought I'd hear kids talking about numbers in public!"

    About Norman Public Schools

    Norman Public Schools are recognized on the state and national level for exceptional teaching and instructional programs. Serving the third largest city in Oklahoma, the district attributes much of its success to the community's support and commitment to quality public education. Home to the University of Oklahoma, this community is focused on the educational process. The district serves nearly 14,000 students in 23 schools, and the student population is 75% Caucasian, 8% Native American, 7% African American, 6% Hispanic, 3% Asian, and 1% multicultural. More than 40% of the students qualify for free or reduced-price lunch. For more information, visit Norman.k12.ok.us.

    About Everyday Mathematics

    With more than 20 years of history, Wright Group/McGraw-Hill's Everyday Mathematics for Grades Pre-K-6 helps students measure up to the demand for greater mathematical competence and problem-solving ability. Everyday Mathematics was developed by the University of Chicago School Mathematics Project. The research-based curriculum is used in nearly 185,000 classrooms across the United States by more than 3 million children.

    The Everyday Mathematics eSuite includes an online lesson planner with digital access to all teacher materials, an interactive online student edition, animated games for additional fact practice, an assessment management system to monitor student progress, and multilingual family letters in nine languages to support the home-school connection.

    Visit EverydayMathSuccess.com to read about the program's efficacy and to see videos of the program in use in the classroom. See WrightGroup.com/Parent_Connection/index.html for parent resources.

    About Wright Group/McGraw-Hill

    Wright Group/McGraw-Hill publishes innovative core and supplemental literacy and mathematics programs for differentiated instruction and teacher training in Grades Pre-K-8. The research-based approach, anchored in real-world applications, is based on the assessed needs of students, combining developmentally appropriate materials with explicit outcomes.

    Wright Group is part of McGraw-Hill Education, a leading global provider of print and digital instructional, assessment and reference solutions that empower professionals and students of all ages. McGraw-Hill Education has offices in 33 countries and publishes in more than 65 languages. Additional information is available at MHEducation.com. For more information on Wright Group's products, call

    1-800-648-2970 or visit WrightGroup.com.

    Wright Group/McGraw-Hill

    CONTACT: Amy Tillinghast of Wright Group/McGraw-Hill, +1-614-750-7285,
    amy_tillinghast@mcgraw-hill.com; or Melina Metzger of Paul Werth Associates,
    +1-614-224-8114, Ext. 236, mmetzger@paulwerth.com

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




    Southwest Airlines Launches Online Travel GuideShare Your Travel Stories at New Online Travel Community

    DALLAS, March 18 /PRNewswire-FirstCall/ -- Have you ever wanted to brag to someone about a wonderful vacation you had or share an idea on a great place for a business dinner? Now, there's a place for it! Meet Southwest Airlines' new online travel community - Travel Guide! This multi-faceted, Customer-friendly enhancement will provide a variety of benefits to assist Customers in making travel plans. Travel Guide users can share their own experiences and check out ratings, reviews, photos, and videos posted by fellow travelers of destinations, hotels, restaurants, and activities they recommend. Check it out by visiting http://www.southwest.com/travelguide.

    "Fourteen years ago this week, we revolutionized the industry by launching southwest.com (iflyswa.com in those days). The addition of Travel Guide to southwest.com shows that we are continually evolving, and it is also a fun way to get Customers more involved in the site," said Kevin Krone, Southwest Airlines Vice President Marketing, Sales, and Distribution.

    Travel Guide offers Customers insights, tips, and unbiased opinions from a vast network of other travelers within a friendly and relaxed community built on unscripted traveler dialogue. Customers can utilize the site for pre-trip planning, or as an outlet to share travel knowledge by posting photos, videos, ratings, and written reviews either during or after their trip. The Guide also includes some hints and tips from the best travel experts we know--our own Southwest Airlines' Employees!

    Customers can create their own Travel Guide profile and search for information on their favorite vacation spots by desired destination, activity, or theme. Each destination page features a city bio, a seven-day weather forecast, information on local hotels, shopping, nightlife and restaurants, airport information, and driving directions to local attractions. Not only does Travel Guide offer information on cities that Southwest serves, it features surrounding destinations as well. You can access Travel Guide from the main navigation on southwest.com.

    As a way to celebrate the launch of this exciting enhancement, Southwest is offering an added incentive to Customers who create a Travel Guide account and submit content to the site. Now through April 16, 2009, any approved photo, video, or post contributed to the site will earn Travel Guide users a one-time chance to win a vacation package to Chicago, Fort Myers, New Orleans, or Seattle. Check out Travel Guide today, and be sure to share a tip or two with your fellow travelers during your visit!

    After nearly 38 years of service, Southwest Airlines continues to differentiate itself from other low fare carriers--offering a reliable product with exemplary Customer Service. Southwest Airlines is the most productive airline in the sky and offers Customers a comfortable traveling experience. Southwest recently updated its gate areas and improved its boarding procedure to make flying Southwest convenient and simple. Southwest Airlines , the nation's largest carrier in terms of domestic passengers enplaned, currently serves 65 cities in 33 states. Based in Dallas, Southwest currently operates more than 3,200 flights a day and has more than 35,000 Employees systemwide.

    http://www.southwest.com/

    Photo: http://www.newscom.com/cgi-bin/prnh/20010718/SWNULOOK
    http://www.newscom.com/cgi-bin/prnh/20010724/SWALOGO
    http://www.newscom.com/cgi-bin/prnh/20040715/DATH028-a
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Southwest Airlines

    CONTACT: Whitney Eichinger of Southwest Airlines, +1-214-792-6604,
    Whitney.Eichinger@wnco.com

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




    J.D. Power and Associates Reports: Online Commentary Indicates Consumer Willingness to Pay for Online News

    NEW YORK, March 18 /PRNewswire/ -- As bloggers begin to discuss how they see the news industry evolving as print outlets struggle for survival, many say they are willing to pay for online news content, according to a recent online report about bloggers and social media by J.D. Power and Associates Web Intelligence Division.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a)

    The report analyzes blogs and message board postings between December 2008 and February 2009 on the topic of news, paying options and how consumers expect the news industry to evolve. These conversations were most often initiated by bloggers who are related in some way to the news industry, indicating the early nature of such discussions. Initial findings, released today at The McGraw-Hill Companies 2009 Media Summit New York, indicate that there is a growing acknowledgement among bloggers that consumers will eventually have to pay for online news content.

    Nearly 40 percent of bloggers who discussed the issue said they would, or already do, pay for news content. The most commonly cited reasons include the fact that they find value in professional journalism and that they don't want the quality of news to decline. Subscription service was mentioned most frequently as the preferred payment option.

    "Among those bloggers who accept having to pay for news content in the future, many mention preferring a subscription service," said Janet Eden-Harris, vice president of J.D. Power and Associates Web Intelligence Division. "Monthly or yearly subscriptions to content appeal to bloggers more than paying by the article, because in contrast to the iTunes model - in which content is licensed for a long period of time - news articles are more transient and lose value quickly. In addition, bloggers believe that there's no easy way to pay for articles individually. Bloggers also say they would prefer a subscription service because it could include an ability to organize all the news articles read and to tag them for future reference."

    The report finds, however, that 17 percent of bloggers say that news information should always be free, and they'd find a way to get news without paying. Approximately 45 percent of bloggers are still undecided about whether they would or would not pay for news content, although many have suggested different options to keep news outlets going, such as using Kindle-type readers for newspapers and supporting news organizations as a public service.

    Bloggers mentioned three articles during the past two months as drivers for this conversation: The Wall Street Journal, an opinion piece by L. Gordon Crovitz on Feb. 23 entitled, "Information Wants to Be Expensive-Newspapers need to act like they're worth something"; a Time magazine article on Feb. 5 by Walter Isaacson entitled, "How to Save Your Newspaper"; and The New York Times, an article by David Carr on Jan. 12 entitled, "Let's Invent an iTunes for News."

    "We're catching this conversation at its genesis," said Eden-Harris. "It hasn't quite hit mainstream because the general public isn't confronted with a true pay-for-news-or-lose-it decision. Right now, the conversation is concentrated among bloggers who are interested in media models, media evolution, journalism, democracy and different online payment models. But consumers are beginning to take note and debate the issue among themselves as they wait to see how the situation evolves."

    The J.D. Power and Associates Web Intelligence Division is unique in its ability to assess both what is being said and who is doing the speaking in the online world, enabling companies to understand the attitudes and behaviors of consumer segments. Its patent-pending technology enables the classification of posts and ability to estimate the gender and age of a poster, as well as rapid identification and elimination of spam posts. The Web Intelligence Division analyzes voices of the online community by using proprietary Natural Language Processing and machine-learning algorithms to dissect the who, what and why of online opinion, offering in-depth insights for some of the world's leading brands.

    About J.D. Power and Associates

    Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction. The company's quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at http://www.mcgraw-hill.com/.

    J.D. Power and Associates Media Relations Contacts:

    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; syvetril.perryman@jdpa.com

    Angela Bianchi; Troy, Mich.; (248) 312-4729; angela_bianchi@jdpa.com

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. www.jdpower.com/corporate

    Photo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com J.D. Power and Associates

    CONTACT: Syvetril Perryman, Westlake Village, Calif., +1-805-418-8103,
    syvetril.perryman@jdpa.com, or Angela Bianchi, Troy, Mich., +1-248-312-4729,
    angela_bianchi@jdpa.com, both of J.D. Power and Associates

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




    CYIOS 2009 First Quarter Worksheet - Conference Call

    WASHINGTON, March 18 /PRNewswire-FirstCall/ -- CYIOS Corporation (OTC Bulletin Board: CYIO) -- CYIOS Corporation is completing its first quarter of 2009 and per earlier announcements, CYIOS has won contracts and are performing as expected. CYIOS will show a loss in 2008 -- this is not contagious and will not effect the 09 year. As for 09, CYIOS has outstanding bids that if awarded would expand OVER 300%.

    "I write of our product CYIPRO every time as it is one of the components that make CYIOS successful; it organizes and prioritizes activities that are mission critical to our goals while ensuring we put quality into the process," stated Timothy Carnahan, CEO.

    "CYIOS Corporation is a veteran when it comes to government contracting as we've been in this market for fifteen years. We've stated before, we have expectations of growing up to 300% and within this year. Our first quarter numbers are going to show some increase -- but our second will show the more," stated Carnahan.

    The projected revenues for this year are approximately $4.5 million, with the new projected earnings to be $.16-$.21 per share by the end of the year.

    A conference call is being scheduled for April 1st, 2009 to clarify any and all misunderstandings or confusion in reference to CYIOS Corporation and the 2009 agenda; Mr. Timothy Carnahan, as well as key staff members, will be available to answer any and all questions. All investors and Broker/Dealers are welcomed to participate. To participate in this conference call please contact Rockport Financial Group for access and details.

    "This conference call is important due to the fact that we need everyone on the same sheet of paper as we grow, we don't need confusion as to what we do -- this can easily be clarified. Moreover, the more the public knows about CYIOS the better it serves everyone," stated Carnahan.

    Please visit http://www.cyios.com/. Forward Looking Statements:

    Except for statements of historical fact, the information presented herein contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding future activities. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of CYIOS Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop future assets, the ability to fund operations and changes in consumer and business consumption habits and other factors over which CYIOS Corporation has little or no control. Except as may be required under applicable law, CYIOS Corporation undertakes no obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    CYIOS CORPORATION Ronald Reagan Building Washington, DC Investor Contact: Rockport Financial Group P.O. Box 838 Havre de Grace, MD 21078 (443) 817-4411

    CYIOS Corporation

    CONTACT: Investors, Rockport Financial Group, +1-443-817-4411

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




    Live Webinar - From Promise to Practice: Proven Strategies to Accelerate Your Campus-Wide Online Learning Initiative

    MADISON, Wisconsin, March 18 /PRNewswire/ --

    The Dutch higher education market is one of the world's most advanced in lecture capture and Technical University of Delft leads the pack, recording 80 class hours that attract 10,000 views - each and every week. But the widespread success of this ambitious campus program did not come without the usual challenges.

    Sonic Foundry, Inc. (Nasdaq: SOFO), the recognized market leader for rich media webcasting and knowledge management, will host a webinar in which Leon Huijbers will discuss how he and his Multimedia Department overcame the space, funding and workforce shortages that initially threatened the lecture capture initiative.

    WHEN: Tuesday, March 24, 10:00 - 11:00 a.m. Central WHERE: To register for this complimentary webinar, visit www.sonicfoundry.com/register

    Huijbers will present the successful strategies that ultimately engaged The faculty, staff and academic leadership of the university, resulting in one of the largest and most successful lecture capture programs in the world. Discussion points include:

    -- Methods to roll out a campus-wide online learning initiative under one umbrella brand -- Strategies to garner support among stakeholders and influencers, from the student council to the chancellor -- Suggestions on how to counter the objections of reluctant faculty by accommodating their preferences for instruction and channeling student enthusiasm -- Tactics to source educational technology solutions from multiple perspectives, including opinions from AV, IT and academic staff -- Advice to overcome infrastructure challenges to accelerate getting lecture capture technology into tech-less classrooms

    Presenter:

    Leon Huijbers is Manager of the Campus Congress Centre and Multimedia Department at Technical University of Delft. He is the founding father of Collegerama, a web-based environment to organize and publish scientific educational content. He consults regularly with staff from institutes in different countries to help create synergetic distance learning solutions. Prior to his current position, he led mass media campaigns at the Dutch Government Department of Information. Raised in Noordwijk, The Netherlands, Huijbers is Chairman of the national group of Media Directors in Education, CAWO. He publishes and speaks regularly on the subject of technology enhanced learning, and he and his team were honored with the 2008 Rich Media Impact Award by Sonic Foundry for Excellence in Education.

    Moderator:

    Sean Brown, Sonic Foundry's VP of Education

    About Sonic Foundry(R), Inc.

    Sonic Foundry (NASDAQ: SOFO, www.sonicfoundry.com) is the global leader for rich media webcasting and knowledge management, providing enterprise communication solutions for more than 1,500 customers in education, business and government. Powered by Mediasite, the patented webcasting platform which automates the capture, management, delivery and search of lectures, online training and briefings, Sonic Foundry empowers people to transform the way they communicate. Through the Mediasite platform and its Events Services group, the company helps customers connect a dynamic, evolving world of shared knowledge and envisions a future where learners and workers around the globe use webcasting to bridge time and distance, accelerate research and improve performance.

    Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.

    Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.

    Sonic Foundry, Inc.

    Tammy Kramer of Sonic Foundry, +1-608-237-8592, tammyk@sonicfoundry.com




    Active Optical Cable Patent Awarded to EMCORE Corporation

    ALBUQUERQUE, N.M., March 18 /PRNewswire-FirstCall/ -- EMCORE Corporation , a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets, today announced that it has received a patent award for its Active Optical Cable technology. The new patent (US Patent No. 7,494,287 B2) with broad claims covers all fiber optic active cable applications and is believed to be fundamental to current and future market segments and platforms related to data communications links between information systems.

    Today's high-speed data communications networks utilize optical fiber cables for data transmission between information system units such as computer clusters, mass data storage devices, and routers. Typical systems communicate via electrical host adapters that when connected to electro-optical transceivers mated with an optical fiber cable enable high bandwidth, low latency, lightweight and improved airflow data networks.

    According to the Active Optical Cables Market Study 2009 by Information Gatekeepers Inc. the overall cumulative cable revenue from 2009 through 2013 is expected to exceed $8.5 billion. This represents a total of 1,040 million meter cables cumulative for the five years.

    "EMCORE previously announced supporting IBM's use of 55 miles of our active optical fiber for the world's first petaflop supercomputer," said Stephen Krasulick, Executive Vice President and General Manager of EMCORE's Fiber Optics Products division. Krasulick added, "For next generation 40 Gb/s and greater bandwidth applications we expect active optical cables to replace copper cables and become the dominate connect solution."

    The company currently sells in high volume the EMCORE Connects Cables (ECC) product platform for high-performance InfiniBand interconnects that operate at high-speed 20 Gb/s data rates and is sampling next generation 40 Gb/s data rate cables to major OEMs.

    EMCORE is demonstrating the new 40 Gb/s ECC at the OFC/NFOEC Conference and Exposition on March 24-26 in San Diego, California. EMCORE Connects Cables currently support 40 Gb/s Quad Data Rate (QDR), 20 Gb/s Double Data Rate (DDR) and 10 Gb/s Single Data Rate (SDR) and are available in lengths from 1 to 100 meters.

    For more information, visit EMCORE at http://www.emcoreconnects.com/ About EMCORE:

    EMCORE Corporation is a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets. EMCORE's Fiber Optics unit offers optical components, subsystems and systems that enable the transmission of video, voice and data over high-capacity fiber optic cables for high-speed data and telecommunications, cable television (CATV) and fiber-to-the-premises (FTTP) networks. EMCORE's Solar Power unit provides solar products for satellite and terrestrial applications. For satellite applications, EMCORE offers high-efficiency compound semiconductor-based gallium arsenide (GaAs) solar cells, covered interconnect cells and fully integrated solar panels. For terrestrial applications, EMCORE offers concentrating photovoltaic (CPV) systems for utility scale solar applications as well as offering its high-efficiency GaAs solar cells and CPV components for use in solar power concentrator systems. For specific information about our company, our products or the markets we serve, please visit our website at http://www.emcore.com/.

    Safe Harbor:

    Statements in this press release that are not historical facts, and the assumptions underlying such statements, constitute "forward-looking statements" and assumptions underlying "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and involve a number of risks and uncertainties, including (a) the failure of the products mentioned (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, and (iii) to be successful under field conditions, (b) the failure of the products to be selected by prospective customers for large-scale deployment and (c) the ability of the Company's customers to achieve their own business goals and objectives. Readers should also review the risk factors set forth in EMCORE's Annual Report on Form 10-K for the fiscal year ended September 30, 2008. These forward-looking statements are made as of the date hereof, and EMCORE does not assume any obligation to update these statements.

    Contact: EMCORE Corporation Silvia M. Gentile Executive Offices (505) 323-3417 info@emcore.com TTC Group Victor Allgeier (646) 290-6400 vic@ttcominc.com

    EMCORE Corporation

    CONTACT: Silvia M. Gentile, Executive Offices, EMCORE Corporation,
    +1-505-323-3417, info@emcore.com; or Victor Allgeier, TTC Group,
    +1-646-290-6400, vic@ttcominc.com

    Web Site: http://www.emcore.com/
    http://www.emcoreconnects.com/




    Microsoft Web Technologies Unveiled at MIX09 Help Businesses Deliver Return on ExperienceMicrosoft announces Silverlight 3 Beta, new features in Expression Blend and continued progress in the cloud with updates to the Azure Services Platform.

    LAS VEGAS, March 18 /PRNewswire-FirstCall/ -- Today at MIX09, Microsoft Corp. announced a set of platform investments to help companies more efficiently and affordably engage with their customers through a rich, interactive presence on the Web. This includes the release of Microsoft Silverlight 3 Beta and Expression Blend 3 Preview, and continued progress in the cloud with updates to the Azure Services Platform. The company also pointed to strong momentum in platform adoption and demonstrated a number of solutions from key partners including Netflix Inc., Bondi Digital Publishing, StackOverflow.com and KEXP. In addition, building on the success of Silverlight during the Beijing Games, NBC Universal has again chosen Silverlight to deliver the 2010 Vancouver Olympic Winter Games on its official Web site, NBCOlympics.com.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) The Business Imperative of a Return on Experience

    Organizations that create more intuitive, more engaging experiences on the Web are able to reduce costs and increase sales. Their visitors find the information they want faster, their customers make fewer calls to support help desks, and the number of impulse purchases made by customers generated grows dramatically. The integrated and interoperable offerings from Microsoft, composed of software and services for desktop, datacenters and the cloud, help organizations deliver richer, more compelling experiences that they require both in and out of the browser, and give them enhanced "return on experience" that the current economic climate demands.

    Silverlight 3 Beta Released

    Silverlight 3 empowers Web developers and designers to build the best experiences for their customers through the creation of cutting-edge Web applications. Silverlight 3 helps rich Internet application (RIA) developers work faster with new graphics, animation and 3-D features, and more than 60 controls. Silverlight 3 also ushers in a new generation of high-quality and high-definition video experiences with true high-definition video in full-screen mode, with stutter-free live and on-demand video. Silverlight 3 also gives users more video format choices than ever before, including H.264, along with enhancements such as deep linking, to improve navigation in Silverlight content and automate search engine optimization (SEO) tasks. Finally, Silverlight 3 enables developers to create lightweight Web application experiences that can exist outside the browser. This enables Web sites to deliver more persistent relationships with their customers.

    Microsoft also announced Expression Blend 3 Preview, designed to dramatically improve designer and developer workflow and productivity. In the MIX09 keynote address, Microsoft demonstrated SketchFlow, a new capability that allows designers to quickly prototype the flow and composition of applications. Now, for the first time, designers can easily receive annotated feedback on prototypes from stakeholders and rapidly iterate on a project from concept to completion. In addition, Expression Blend directly supports the import of Adobe Photoshop and Illustrator files (including layers and paths), integration of live preview sample data, and a comprehensive set of rich behaviors.

    "In the short time since we launched Silverlight and Expression Blend, Microsoft has rapidly introduced new features and functionality that enable customers to deliver outstanding Web sites," said Scott Guthrie, corporate vice president of the .NET Developer Platform at Microsoft. "We are working closely with the community to deliver software that helps businesses provide customer experiences on the Web that go beyond 'good enough' and drive real business results."

    Microsoft also announced that Soyatec, a France-based IT solutions provider and Eclipse Foundation member, is making available a community technology preview (CTP) of Eclipse Tools for Silverlight (Eclipse4SL) support for Macintosh. With this Eclipse plug-in, Mac developers can create RIAs for the Silverlight platform. This project is funded by Microsoft as part of Microsoft's continued commitment to openness and interoperability.

    Silverlight Customer Adoption

    Silverlight has made significant progress since it was launched at MIX07. Hundreds of thousands of developers and designers are using Silverlight, and leading organizations such as AOL LLC, eBay Inc., BSkyB Ltd., Netflix Inc., CBS Sports Online, the European Commission, CareerBuilder.com, Samsung Electronics Co. Ltd. and Yahoo! Japan are building their next-generation rich applications and media experiences using Silverlight.

    "Netflix chose Silverlight because it makes a faster and more agile development environment possible, allowing Netflix to quickly deliver a superior instant watching experience to our subscribers," said Steve Swasey, vice president of corporate communications at Netflix. "When Netflix deployed Silverlight last fall, Netflix members realized a richer experience of access and quality to instantly watch movies and TV episodes from Netflix on their PCs and, for the first time, were able to instantly watch the same content on their Intel-based Macintosh computers."

    At Microsoft, more than 200 products and Web sites are now using Silverlight, including Microsoft.com, MSN, Live Search, Windows Live, Microsoft Office Online, Virtual Earth and the live preview release of the Silverlight-based WorldWide Telescope application.

    Easier Access to Developer Tools, Platforms, and Applications

    Today, Microsoft also released several components of the Microsoft Web Platform, an integrated set of tools, servers and frameworks that work seamlessly together and interoperate with popular open source applications and products that are used in the community. Included in the Microsoft Web Platform vision is the Web Platform Installer 2.0 Beta, a tool that simplifies the installation and update of Microsoft's free Web products and other free Web components. This release allows users to download both PHP and the final release of ASP.NET MVC 1.0. Microsoft also launched the Windows Web Application Gallery, which allows developers to discover, explore and download applications and components that will help them build Web applications. Developers can submit free applications into the Gallery, offering communities, partners and independent software vendors access to millions of Windows developers worldwide for promoting their Web solutions. The Gallery includes links to popular applications such as Acquia Drupal, DotNetNuke and WordPress.

    Finally, Microsoft also announced the availability of Microsoft Commerce Server 2009, which allows businesses to create improved user experiences across e-commerce channels.

    Deepening Cloud Investments With the Azure Services Platform

    In addition to platform investments to enable front-end experiences, enhancements to the back-end platform include updates to the Azure Services Platform. Today Microsoft announced new capabilities in Windows Azure including support for full trust to increase the level of flexibility for developers through support of native code, non-.NET language support via FastCGI, and geolocation to provide developers with the capability to host data and code across two U.S.-based datacenters; this enables customers to store data in multiple locations while helping ensure business continuity, and delivers enhanced performance benefits through reduced network latency.

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

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

    CONTACT: Rapid Response Team of Waggener Edstrom Worldwide,
    +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.

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




    Medco CEO: Health IT Provides the Foundation for 'Real' Health Care ReformImproving Care, Creating a $680 Billion Annual Savings Opportunity

    WASHINGTON, March 18 /PRNewswire-FirstCall/ -- Real health care reform would be difficult, if not impossible, without the transparency that a wired system can deliver, Medco Health Solutions, Inc. Chairman and CEO David B. Snow Jr. said today in a keynote address at the American Enterprise Institute.

    "A wired system will create accountability, where every provider and service across the spectrum of health care can be measured based on their contribution in lowering costs and improving clinical quality," Snow said. "Wiring America's health care system is the key foundational step that will enable as much as $680 billion in annual savings."

    Health IT investments will provide comprehensive information that practitioners in the public and private sectors need in solving the challenge of more effectively treating patients with chronic and complex illness, with the potential to reduce health care spending by as much as $350 billion. Meanwhile, transparency with accountability could yield an additional $330 billion in savings by creating the opportunity to engage in a rational conversation in three additional areas: reducing the need to practice defensive medicine, resolving a stalemate related to tort reform and addressing the difficult issues around providing appropriate care in the last years of life.

    "This is a critical platform to drive meaningful health care reform that stimulates continuous innovation and delivers sustainable savings," Snow said. "Wiring health care empowers the fundamental capability to measure, examine, evaluate and improve each element and every process in real-time. This, in turn, provides a level of insight and accountability that will improve the quality of service, and ensure payors and patients alike are confident they are receiving the greatest value for each health care dollar invested."

    A proven model

    The power of a "connected" health care infrastructure has already been demonstrated on a nationwide scale. Pharmacy, which was first wired in 1988 by virtue of a national electronic claims adjudication system, provides a case history documenting the importance of establishing standards to guide rational investment.

    With a series of continuing investments, private-sector innovation, coupled with a guiding hand from policymakers, has transformed pharmacy into the most wired sector of health care today -- providing immediate claims adjudication, real-time safety checks, and efficiencies that improve quality and deliver information to physicians and patients so each can make more-informed decisions.

    Last year, Congress took an important step forward by approving incentives to spur physician adoption of electronic prescribing (ePrescribing) in Medicare. This change is likely to accelerate physician adoption throughout the entire system. And just a few weeks ago, the Obama Administration joined Congress in moving the concept of wiring health care to unprecedented heights by injecting funding of $19 billion, much of it to provide incentives for the expanded adoption of Health IT.

    Snow noted that Medco has invested close to $1 billion in developing the world's most advanced pharmacy, training 1,100 pharmacists as specialists who are located in Medco Therapeutic Resource Centers(R) and focus on addressing the needs of patients with chronic and complex conditions -- patients who account for 96 percent of all prescription drug spending and 75 percent of overall health costs. The company is using evidence-based protocols to close the clinical gaps that diverge from proven medical treatment guidelines, and is committed to publishing the results of its breakthrough pharmacy initiatives.

    Challenging the status quo

    "We all can agree on the critical need to reform health care in America, and now is the time. We must overcome the barriers of technology, cost and inertia -- which preserve the status quo of inefficiency -- in order to relieve the health care cost-burden on individuals, employers and government," Snow said.

    Snow's remarks today build on his vision for health reform first released last fall in an address at the National Press Club. Combined with the $680 billion savings related to health care IT, a comprehensive effort to promote healthy lifestyles through prevention wellness has the potential to reduce health care expenditures by an additional $320 billion -- trimming America's overall health care spending by about $1 trillion -- nearly 50 percent.

    About Medco

    Medco Health Solutions, Inc. is a leading health care company, serving the needs of more than 60 million people. Medco, the world's most advanced pharmacy(R), provides clinically driven pharmacy services designed to improve the quality of care and lower total health care costs for private and public employers, health plans, labor unions and government agencies of all sizes, and for individuals served by Medicare Part D Prescription Drug Plans. Through its unique Medco Therapeutic Resource Centers(R) and the Accredo Health Group, Medco's Specialty Pharmacy, the company is creating innovative models for the care of patients with chronic and complex conditions. Medco is a leader in the emerging field of personalized medicine and in applying evidence-based protocols to elevate the practice of pharmacy -- a key element in reforming America's health care system. Medco is ranked number 51 on the Fortune 500 list, with 2008 revenues of more than $51 billion. For more information about Medco, go to http://www.medcohealth.com/.

    This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

    Medco Health Solutions, Inc.

    CONTACT: Media, Lowell Weiner, Medco, +1-201-269-6986,
    lowell_weiner@medco.com; or Phil Blando, AB+M Partners, +1-202-258-4978,
    pblando@abmpartnersllc.com; or Investors, Valerie Haertel, Medco,
    +1-201-269-5781, valerie_haertel@medco.com

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




    Beacon Equity Issues Technical Trade Alerts on Technology Stocks: MSFT, ORCL, SAP, ADBE, CA, HPQ

    DALLAS, March 18 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.

    Investors can view all of the daily trade alerts for free by visiting BeaconEquity.com.

    Today's Trade Alerts include: Microsoft Corp. , Oracle Corp. , SAP AG , Adobe Systems Inc. , CA Inc. and Hewlett-Packard Co. .

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

    See what Cramer has to say about these stocks and many more.

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

    We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.

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

    BeaconEquity.com Disclosure

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

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

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

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

    JEFF BISHOP

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

    BeaconEquity.com

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

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




    AUDIO from Medialink and Siemens: Government & Industry Meeting to Discuss Nation's Energy Future

    NEW YORK, March 18 /PRNewswire/ -- Even before the economy became front and center in our minds, the country's energy future has been and still is one of our most pressing issues. Here's more on an event where the country's energy leaders will gather, in light of the new power shift in Washington, to discuss what to do about powering our country.

    Listen to this report from Siemens at: http://inr.mediaseed.tv/oneClip_C/?feed=alf_jhy13_JMCEokDvzv2ALVBzUnFhNQ

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

    03FF09-0040

    Medialink; Siemens

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

    Web Site: http://inr.mediaseed.tv/oneClip_C/?feed=alf_jhy13_JMCEokDvzv2ALVBzUnFhNQ
    http://www.mediaseed.tv/




    YTB International Announces Financial Results For 2008Total year-over-year 2008 revenue increases 15% to $163 million

    WOOD RIVER, Ill., March 18 /PRNewswire-FirstCall/ -- YTB International, Inc. (BULLETIN BOARD: YTBLA) ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, Bermuda, the Bahamas, the U.S. Virgin Islands, and Canada, today announced its financial results for the year ended December 31, 2008.

    Total revenue for the year ended December 31, 2008 increased 15% to $162.5 million, compared to $141.3 million for fiscal 2007. Net loss for the year ended December 31, 2008 was $4.5 million, or ($0.04) per diluted share, compared to a net income of $3.2 million, or $0.03 per diluted share, for the same period of 2007. The loss was primarily the result of the Company's good faith efforts and ongoing demonstration of sound corporate principles to absorb any necessary costs associated with improving corporate polices and publications. General and administrative expenses increased by $18.3 million, or 53%, compared to 2007, primarily attributable to the growth in the costs associated with the ongoing implementation of new business strategies and operational initiatives.

    Scott Tomer, YTB Chief Executive Officer commented on the 2008 results, stating, "2008 was a challenging year for our entire industry, and the impact of the global financial crisis is reflected in the valuations of the majority of publically traded travel companies. The fallout from the current recession has forced many of us to take a delicate two-tiered approach to our businesses, looking to increase capital reserves, while strategically shifting our spending in order to maintain market share. At YTB, we have made a number of changes in the way we do business to address issues raised by legal inquiries and remove any confusion about our product offerings. Some of those changes involved reserving for the elimination of non-current inventory, which resulted in losses of $3.0 million. We believe those are one-time losses that were necessary in order for the company to continue to grow and improve business practices to build a stronger foundation for the future. We have also worked diligently to shore up our capital reserves, evidenced by major cutbacks in the second half of the year, while also working to increase our travel sales. Specifically, we have taken several cost-cutting measures in the fourth quarter, including cutting our staff by 14%, and we are transitioning to a print-on-demand model to prevent any recurrence of non-current inventory write-downs."

    For the year ended December 31, 2008, the company generated $27.9 million in revenue from travel commissions and services, compared to $20.7 million in last year's comparable period, an increase of 35%. Net cash provided by operating activities in fiscal 2008 was $7.4 million compared to cash provided by operating activities of $12.0 million for fiscal 2007.

    Mr. Tomer continued, "It is times such as these that cause people to re-evaluate their financial condition, and lead many to try to take control of their own destiny. We strongly believe that we provide quality tools and services that can help many of those seeking to improve their financial situation. I also remain confident that the economy will right itself in due course. Until such time, we will remain focused on delivering the best possible product, services, and support to our RTAs around the world. Our management and board remain committed to increasing shareholder value in the coming fiscal year, and we are confident that we will accomplish this task."

    About YTB International

    YTB International, Inc. was recognized as the 26th largest seller of travel in the U.S. in Travel Weekly's 2008 Power List, based on 2007 annual retail value of travel services booked.

    YTB provides Internet-based travel booking services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands. The Company operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc.

    For more information about YTB International visit http://www.ytb.com/ or http://www.thefactsaboutytb.com/.

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

    YTB International, Inc. Condensed Consolidated Statements of Operations Years Ended December 31 Dollars in thousands, except share and per share data 2008 2007 2006 Total net revenues $ 162,547 $ 141,285 $ 50,897 Operating expenses: Operating expenses (exclusive of depreciation and amortization shown below) 164,137 137,120 56,542 Depreciation and amortization 2,531 1,152 408 Total operating expenses 166,668 138,272 56,950 Income (loss) from operations (4,121) 3,013 (6,053) Other income (expense): Interest and dividend income 234 447 170 Interest expense (85) (38) (93) Foreign currency translation loss (58) - - Total other income (expense) 91 409 77 Income (loss) before income tax provision (4,030) 3,422 (5,976) Income tax provision 445 213 - Net income (loss) $ (4,475) $3,209 $ (5,976) Net income (loss) per share: Weighted average shares outstanding - basic for Class A and Class B 103,280,897 97,377,194 82,300,473 Weighted average shares outstanding - diluted for Class A and Class B 103,280,897 110,699,696 82,300,473 Net income (loss) per share - basic for Class A and Class B (amounts for Class A and Class B shares are the same under the two-class method) $ (0.04) $0.03 $ (0.07) Net income (loss) per share - diluted for Class A and Class B (amounts for Class A and Class B shares are the same under the two-class method) $ (0.04) $0.03 $ (0.07) YTB International, Inc. Condensed Consolidated Balance Sheets Dollars in thousands December 31, December 31, 2008 2007 ASSETS ------ Current assets: Cash and cash equivalents $ 1,203 $ 1,731 Other current assets, net 16,576 39,039 Total current assets 17,779 40,770 Long-term investments - 1,000 Property and equipment, net 18,728 15,433 Intangible assets, net 2,322 2,395 Goodwill 2,979 2,979 Other assets 1,278 317 TOTAL ASSETS $ 43,086 $ 62,894 LIABILITIES AND STOCKHOLDERS' EQUITY ------------------------------------ Current liabilities $ 26,942 $ 44,418 Other long-term liabilities: Long-term debt, less current maturities - 220 Other liabilities 951 948 Total other long-term liabilities 951 1,168 TOTAL LIABILITIES 27,893 45,586 TOTAL STOCKHOLDERS' EQUITY 15,193 17,308 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 43,086 $ 62,894 For: YTB International, Inc. Investor Contacts: Yemi Rose KCSA Strategic Communications 212-896-1233

    YTB International, Inc.

    CONTACT: Investors: Yemi Rose, KCSA Strategic Communications,
    +1-212-896-1233, for YTB International, Inc.

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




    Free FileMaker Business Productivity Kits for FileMaker Pro 10 Users Now AvailablePopular FileMaker Pro Database Business Productivity Kits Give Small Businesses a Competitive Edge

    SANTA CLARA, Calif., March 18 /PRNewswire/ -- FileMaker, Inc. today announced the immediate availability of two updated versions of the popular FileMaker Business Productivity Kit, designed to help small businesses to be instantly productive.

    The FileMaker Business Productivity Kits (Standard Edition for businesses selling goods and Services Edition for those providing services) are available free with the download trial version of the new FileMaker Pro 10. Both are redesigned and updated to take advantage of the new features and sleek new interface and design of FileMaker Pro 10, and include an integrated Web Viewer that allows for live web viewing within a database record.

    As a bonus, an updated Email Marketing Guide, specifically designed to help small business users easily run effective email campaigns using FileMaker Pro 10 and the FileMaker Business Productivity Kits, is included.

    Small business owners can start using the Business Productivity Kits immediately - with no database programming expertise - for managing contacts, organizing products and inventory, processing sales orders, sending targeted emails and tracking projects and production.

    Functionality in the Standard Edition includes the ability to: -- Manage contacts and suppliers -- Organize products and inventory -- Process sales orders -- Track projects and production -- Send targeted e-mails The Service Edition lets users: -- Track clients and vendor contacts -- Process service orders -- Organize information on service offerings -- Manage invoices and other important business data -- Send targeted e-mail campaigns

    "Businesses of all types now have a special competitive edge using FileMaker Pro 10 and the FileMaker Business Productivity Kit," said Ryan Rosenberg, vice president marketing and services, FileMaker.

    The new FileMaker Pro 10

    In addition to enjoying the new design and interface of FileMaker Pro 10, FileMaker Pro Business Productivity Kits users can now save a series of searches and perform them in one click. For example, if you want to create a find request for customers in California who have spent more than $1,000 in the past year, but have not ordered in the last three months, FileMaker Pro will save the search so you can access it over and over again in the future.

    FileMaker Pro 10 also introduces Script Triggers, allowing both users and developers new options for automating tasks and boosting productivity. Now you can specify that a FileMaker Script (similar to a spreadsheet macro) will run based on timing or whenever users take a specified action in Browse Mode or Find Mode, such as clicking in a field or exiting a viewing mode. FileMaker Pro comes with 12 ready-to-use Script Triggers (five object-based and seven layout-based).

    One of the most popular uses of databases is to create reports. With FileMaker Pro 10, you can now create beautiful reports -- simple or sophisticated -- that are based on your data. And, unique only to FileMaker Pro 10, you can actually make changes directly to the underlying data from within your report "on-the-fly" as you work. Any changes you may make to the data within your report will also show up immediately in the database, without ever having to switch views!

    Other new FileMaker Pro 10 features include: -- Enhanced Quick Start Screen - Get going quickly with the new "See it, Use it, Learn it" interface to start learning how to use FileMaker Pro. Plus easily create databases from existing data sources like .CSV, Tab, and also now from Excel 2007 (.xlsx) or Bento 2. -- Enhanced SQL support - Now you can display, access and use data from even more SQL sources, including SQL tables in Microsoft SQL Server 2008, Oracle 11g and MySQL 5.1 community edition. -- Send Mail via SMTP - Save time by sending email directly from FileMaker Pro instead of having to open your email client. About FileMaker, Inc.

    FileMaker, Inc. develops award-winning database software. Its products include the legendary FileMaker Pro product line for Windows, Mac and the Web, and the new Bento personal database for Mac. FileMaker Pro won 52 awards, more than its next eight competitors combined, from 2003-2009 in the U.S., and a total of 134 awards worldwide during this time. Millions of customers, from individuals to large organizations, rely on FileMaker, Inc. software to manage, analyze and share information. FileMaker, Inc. is a subsidiary of Apple Inc.

    (C)2009 FileMaker, Inc. All rights reserved. FileMaker is a trademark of FileMaker, Inc., registered in the U.S. and other countries. All other trademarks are the property of their respective owners.

    FileMaker, Inc.

    CONTACT: Kevin Mallon of FileMaker, Inc., +1-408-987-7227,
    kevin_mallon@filemaker.com

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




    GeoEye Signs Reseller Contracts for Access to GeoEye-1 Earth-Imaging Satellite Imagery and Products

    DULLES, Va., March 18 /PRNewswire-FirstCall/ -- GeoEye, Inc. , a premier provider of satellite and aerial-based geospatial information, announced today it has signed agreements with several international resellers to provide high-resolution, satellite imagery and value-added products from its new GeoEye-1 Earth-imaging satellite to customers in China, Middle East, Turkey and Russia.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080625/LAW528LOGO)

    Beijing Earth Observation, Inc. (BEO), located in Beijing and owned by Eastdawn Group, has been GeoEye's exclusive master reseller in China since April 2007 for its IKONOS high-resolution products and value-added solutions. With the commencement of full operations of the GeoEye-1 spacecraft, BEO and GeoEye entered in agreement appointing BEO as the exclusive master reseller in China for GeoEye-1.

    "GeoEye-1 has greater imagery collection capability and its imagery will provide a new world of resolution and geo-positional accuracy. I am sure the imagery data will contribute to the economic development of China," said Mr. Bing Sun, Chairman and CEO of Eastdawn Group and co-chairman of BEO.

    Space Imaging Middle East, located in Dubai, United Arab Emirates, renewed its IKONOS Regional Affiliate Agreement and signed a new agreement to become an authorized reseller of GeoEye-1 imagery and products in Dubai and the Middle East. Space Imaging Middle East has been GeoEye's partner and Regional Affiliate for IKONOS imagery collection and distribution since January 2000.

    A third international partner, INTA Spaceturk, located in Ankara, Turkey, and a subsidiary of Cukurova Group, signed an agreement on Feb. 27, 2009 to become an authorized reseller of IKONOS and GeoEye-1 imagery and products. INTA Spaceturk has the exclusive rights to sell IKONOS and GeoEye-1 imagery in Turkey, Georgia and Azerbaijan. INTA Spaceturk has been GeoEye's partner and regional affiliate since 2001.

    INTA Spaceturk's president and chief executive officer, Mr. Murat Ozgul, said, "We are happy to continue serving Turkey, Georgia and Azerbaijan exclusively for GeoEye-1 and IKONOS products as GeoEye's master reseller. We believe this cooperation will bring many more successes as it has been since the beginning of our relationship in 2001."

    GeoEye has also signed seven new non-exclusive resellers in Russia to sell IKONOS and GeoEye-1 imagery in that country.

    Paolo Colombi, GeoEye's vice president of international sales, commented, "I am very pleased we are increasing imagery resources for these three important business partners and expanding our ability to sell imagery in China, the Middle East, Turkey and Russia. Their strong market presence will contribute to GeoEye's success and assure rapid adoption of GeoEye-1 products into these markets."

    About GeoEye

    GeoEye's products and services enable timely, accurate, and accessible location intelligence. The company is recognized as one of the geospatial industry's most trusted imagery experts, delivering reliable service and exceptional quality imagery products and solutions to customers around the world. GeoEye has developed an advanced information technology infrastructure for collecting, receiving, processing and distributing imagery information products and processing services to the U.S. Government including the national security community as well as international governments and commercial customers. These products serve applications including defense and intelligence, precision mapping, on-line mapping, infrastructure development, planning and monitoring, and environmental assessment. The company collects tens of millions of square kilometers of imagery per year with its existing satellites and aerial assets, which includes GeoEye-1, the world's highest resolution commercial imaging satellite. The company also provides support to academic institutions and non-governmental organizations through the GeoEye Foundation (http://www.geoeyefoundation.org/). Headquartered in Dulles, Virginia, GeoEye is a public company listed on the NASDAQ stock exchange under the symbol GEOY. It maintains a comprehensive Quality Management System (QMS) and has achieved company-wide ISO accreditation. For more information, visit http://www.geoeye.com/.

    Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Securities Exchange Act of 1934, as amended. Statements including words such as "anticipate", "believe", or "expect" and statements in the future tense are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. GeoEye's actual financial and operational results could differ materially from those anticipated. Additional information regarding these risk factors and uncertainties is described more fully in the Company's SEC filings. A copy of all SEC filings may be obtained from the SEC's EDGAR web site, http://www.sec.gov/, or by contacting: William L. Warren, Senior Vice President, General Counsel and Secretary, at 703-480-5672.

    Photo: http://www.newscom.com/cgi-bin/prnh/20080625/LAW528LOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com GeoEye, Inc.

    CONTACT: Mark Brender of GeoEye, +1-703-629-5368,
    brender.mark@geoeye.com; or Heather Lindemann of LeGrand Hart,
    +1-303-298-8470, ext. 212, hlindemann@legrandhart.com, for GeoEye

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




    Flagship Phones Are Strong Drivers of Online Dollar Sales Revenue on Carrier SitesApple iPhone, HTC G1, and BlackBerry Storm Each Ranks #1 on Respective Carrier Sites, while Samsung Instinct Ranks #7

    RESTON, Va., March 18 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released data from its monthly wireless e-commerce dashboard, which tracks consumer shopping and purchasing behavior, including handsets and mobile data plans, at all of the major wireless carrier sites.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

    The dashboard highlighted that in terms of overall dollar sales on the carriers' Web sites, the flagship phones being sold on the sites were significant revenue generators. Three of the four flagship phones (Apple iPhone, HTC G1, and BlackBerry Storm) ranked as the top revenue driver on their respective sites, despite being ranked just inside the top ten models in terms of unit volume. Meanwhile, Sprint's flagship phone, the Samsung Instinct, ranked lower than the others - #7 in terms of revenue and #15 by unit sales.

    Flagship Phone Unit Sales (New, Postpaid Lines Only) November 2008 - January 2009 Total U.S. - Home/Work/University Locations Source: comScore Wireless E-Commerce Report Wireless Phone Ranking by Ranking by Carrier Site Sales Unit Sales Revenue AT&T Apple iPhone 1 9 Sprint Samsung Instinct 7 15 T-Mobile HTC G1 1 8 Verizon BlackBerry Storm 1 8

    "Given what we saw with the other three carriers, it was surprising that the Samsung Instinct didn't rank higher in terms of sales or unit revenue on the Sprint site, particularly given its strong performance overall for Sprint," said Brian Jurutka, comScore vice president. "This finding underscores some of the key differences between the online and offline sales channels, thereby giving carriers a better understanding of handset market dynamics and the actionable insights needed to modify their product offerings, messaging, and user experience depending on the channel."

    Discounted Phones Continue to Drive Volume Sales on Carrier Web Sites

    Discounts and special offers continue to drive handset unit volume online, with the phone sales leader for AT&T actually being a refurbished version of the LG Shine. In fact, LG had the largest volume drivers on three of the four carrier sites, with the LG VX8350 on Verizon and LG Rumor on Sprint also ranking as the most popular models. The Motorola RIZR Z3 was responsible for the highest unit volume on the T-Mobile site. In each case, the vast majority of these phone models were provided to customers at no charge.

    Top Handset by Unit Sales (Postpaid Only, New and Refurbished Phones) November 2008 - January 2009 Total U.S. - Home/Work/University Locations Source: comScore Wireless E-Commerce Report Wireless Carrier Top Selling Handset Percent Sold Site That Were Free AT&T LG Shine (Refurb) 95% Sprint LG Rumor 86% T-Mobile Motorola RIZR Z3 100% Verizon LG VX8350 99%

    "Generally speaking, online is the place to go for free phones," added Jurutka. "The LG Rumor, in particular, was a huge volume driver on Sprint's site, with more than three times the unit volume of the next closest phone and 86 percent of the units being sold for free."

    A substantial percentage of phones purchased across all carrier sites were free, an incentive that is typically offered to entice consumers to sign long-term phone and data plan agreements. A significant 75-percent of phones at the AT&T site were provided free, followed by T-Mobile (61 percent), Sprint (54 percent) and Verizon (48 percent).

    Top Units Sold that Were Free (Postpaid Only, New and Refurbished Phones) November 2008 - January 2009 Total U.S. - Home/Work/University Locations Source: comScore Wireless E-Commerce Report Wireless Carrier Site Percent of Total Units Sold for Free AT&T 75% Sprint 54% T-Mobile 61% Verizon 48%

    "Many wireless consumers are having a tough time choosing between the budget-conscious handsets and the more expensive flagship phones at the top of many people's wish lists," said Andy Young, Director of Consumer Internet Sales & Marketing, Verizon Wireless. "Given the fast-changing wireless phone landscape and the differences between online and offline product mix, comScore's Wireless E-commerce Dashboard provides us with a view of the online wireless phone sales landscape that is critical to understanding how our strategy and tactics perform compared to those of our competitors."

    About comScore

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

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

    CONTACT: Jaimee Steele of comScore, Inc., +1-206-757-1360,
    press@comscore.com

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




    Live Webinar - From Promise to Practice: Proven Strategies to Accelerate Your Campus-Wide Online Learning Initiative

    MADISON, Wis., March 18 /PRNewswire-FirstCall/ -- The Dutch higher education market is one of the world's most advanced in lecture capture and Technical University of Delft leads the pack, recording 80 class hours that attract 10,000 views - each and every week. But the widespread success of this ambitious campus program did not come without the usual challenges.

    Sonic Foundry, Inc. , the recognized market leader for rich media webcasting and knowledge management, will host a webinar in which Leon Huijbers will discuss how he and his Multimedia Department overcame the space, funding and workforce shortages that initially threatened the lecture capture initiative.

    WHEN: Tuesday, March 24, 10:00 - 11:00 a.m. Central

    WHERE: To register for this complimentary webinar, visit http://www.sonicfoundry.com/register

    Huijbers will present the successful strategies that ultimately engaged the faculty, staff and academic leadership of the university, resulting in one of the largest and most successful lecture capture programs in the world. Discussion points include:

    -- Methods to roll out a campus-wide online learning initiative under one umbrella brand -- Strategies to garner support among stakeholders and influencers, from the student council to the chancellor -- Suggestions on how to counter the objections of reluctant faculty by accommodating their preferences for instruction and channeling student enthusiasm -- Tactics to source educational technology solutions from multiple perspectives, including opinions from AV, IT and academic staff -- Advice to overcome infrastructure challenges to accelerate getting lecture capture technology into tech-less classrooms Presenter:

    Leon Huijbers is Manager of the Campus Congress Centre and Multimedia Department at Technical University of Delft. He is the founding father of Collegerama, a web-based environment to organize and publish scientific educational content. He consults regularly with staff from institutes in different countries to help create synergetic distance learning solutions. Prior to his current position, he led mass media campaigns at the Dutch Government Department of Information. Raised in Noordwijk, The Netherlands, Huijbers is Chairman of the national group of Media Directors in Education, CAWO. He publishes and speaks regularly on the subject of technology enhanced learning, and he and his team were honored with the 2008 Rich Media Impact Award by Sonic Foundry for Excellence in Education.

    Moderator: Sean Brown, Sonic Foundry's VP of Education About Sonic Foundry(R), Inc.

    Sonic Foundry is the global leader for rich media webcasting and knowledge management, providing enterprise communication solutions for more than 1,500 customers in education, business and government. Powered by Mediasite, the patented webcasting platform which automates the capture, management, delivery and search of lectures, online training and briefings, Sonic Foundry empowers people to transform the way they communicate. Through the Mediasite platform and its Events Services group, the company helps customers connect a dynamic, evolving world of shared knowledge and envisions a future where learners and workers around the globe use webcasting to bridge time and distance, accelerate research and improve performance.

    Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.

    Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.

    Sonic Foundry, Inc.

    CONTACT: Tammy Kramer of Sonic Foundry, +1-608-237-8592,
    tammyk@sonicfoundry.com

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




    AT&T Scores Slam Dunk With Live Mobile TV Coverage of Men's NCAA(R) March Madness Games(R)Fans Don't Have To Miss A Minute of the Action with AT&T Mobile TV

    DALLAS, March 18 /PRNewswire-FirstCall/ -- College basketball fans can now catch all 63 games of the NCAA Division I Men's Basketball Championship from the first round through the national championship even when they're not in front of a TV. AT&T* today announced live NCAA Division I Men's Basketball coverage available on AT&T Mobile TV as the result of AT&T's agreement with CBS and FLO TV , which powers AT&T Mobile TV.

    Beginning March 19 - the beginning of the first round - AT&T Mobile TV subscribers will be able to catch every shot, steal, slam dunk and buzzer-beater directly from their cell phones through up to four additional seasonal channels aired by FLO TV. Coverage will include game highlights, score recaps and analysis from CBS Sports in broadcast quality on users' cell phones -- similar to the experience of watching from their home TVs.

    AT&T is offering new AT&T Mobile TV subscribers a two-month free trial**, as well as a special promotion on one of its most popular AT&T Mobile TV compatible handsets, the LG Vu, currently on sale for $49.99 after mail-in rebate(1).

    In addition to exclusive coverage of the men's tournament, subscribers enjoy mobile access to full-length television programming and sporting events from several leading entertainment brands.

    AT&T | DIRECTV

    Additionally, AT&T | DIRECTV customers can subscribe to DIRECTV's exclusive NCAA(R) MEGA MARCH MADNESS(R) that supplements CBS Sports' exclusive live network coverage of the 2009 NCAA Division I Men's Basketball Championship, and provides exclusive access to all live out-of-market games. Available to residential customers for $69, NCAA MEGA MARCH MADNESS offers 37 Tournament games from the first round through the Sweet 16(R) and is the only way television fans can see on television all 64 games of the NCAA Tournament, starting with the Opening Round game on March 17 and concluding with the championship game from Detroit, Mich., April 6.

    NCAA MEGA MARCH MADNESS offers a host of interactive features enabling viewers to watch up to four live broadcasts on one screen with the ability to tune directly to any of the games, along with a scoreboard displaying the status of all current round match-ups. Fans with interactive receivers can make and track their own Bracket picks and see every score from every game in the Tournament.

    About AT&T

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

    About the NCAA

    The NCAA is a membership-led nonprofit association of colleges and universities committed to supporting academic and athletic opportunities for more than 400,000 student-athletes at more than 1,000 member colleges and universities. Each year more than 54,000 student-athletes compete in NCAA championships in Divisions I, II and III sports. Visit http://www.ncaa.org/ and http://www.ncaa.com/ for more details about the Association, its goals and members and corporate partnerships that help support programs for student-athletes. The NCAA is proud to have AT&T as an official Corporate Champion.

    2009 DISCLAIMERS

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

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

    **Monthly access packages for AT&T Mobile TV begin at $15 per month for the Basic Package, which includes unlimited access to Mobile TV. Customers who take advantage of the two-month free trial will be billed $15 per month for the Basic Package when the trial period ends. Consumers who do not wish to continue their subscription to AT&T Mobile TV must cancel by calling customer care or dialing 611 before the two-month free trial is complete to avoid incurring charges.

    ***NCAA, March Madness and Sweet 16 are trademarks owned or licensed by the NCAA

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

    (1) Pay $99.00 and after mail-in rebate receive $50.00 AT&T Promotion Card. 2-year agreement and $35.00 (mo.) data package required. Card valid for 120 days wherever major credit cards accepted. May be used to pay wireless bill. Not redeemable for cash and cannot be used at ATMs or gas pumps. Some restrictions and other charges apply. See terms at store or at att.com/wirelessrebate.

    Limited-time offer. Other conditions & restrictions apply. See contract, rate plan brochure and rebate form at store for details. Subscriber must live & have a mailing addr. within AT&T's owned wireless network coverage area. Up to $36 activ. fee applies. Equipment price & avail may vary by mrk & may not be available from independent retailers. Data Package may be cancelled anytime. Early Termination Fee: None if cancelled in the first 30 days, but a restocking fee up to $20 may apply; thereafter up to $175. Some agents impose add'l fees. Unlimited voice services: Unltd voice svcs are provided solely for live dialog between two individuals. No additional discounts are available with unlimited plan. Offnet Usage: If your mins of use (including unltd svcs) on other carriers' networks ("offnet usage") during any two consecutive months exceed your offnet usage allowance, AT&T may at its option terminate your svc, deny your contd use of other carriers' coverage, or change your plan to one imposing usage charges for offnet usage. Your offnet usage allowance is equal to the lesser of 750 mins or 40% of the Anytime mins incl'd with your plan (data offnet usage allowance is the lesser of 6 MB or 20% of the KB incl'd with your plan). AT&T Promotion Card: Allow 60 days for fulfillment. You must be customer for 30 consecutive days to receive Promotion Card. Offer expires April 6, 2009.

    AT&T | DIRECTV NCAA MEGA MARCH MADNESS: Blackout restrictions and other conditions apply. Games broadcast by your local CBS affiliate cannot be viewed with this subscription. Actual number of games varies by market. To access NCAA(R) MEGA MARCH MADNESS(R) games in HD, a DIRECTV Slimline Dish, along with DIRECTV HD receiver, HD television equipment and a qualifying programming package are required. For full functionality, a D10 (or later) model interactive DIRECTV Receiver is required.

    AT&T Inc.

    CONTACT: Heather Buffington of AT&T Corporate Communications,
    +1-404-986-1805, hbuffington@attnews.us

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




    MobileMax by XATA Helps TransAm Optimize Fleet OperationsTransAm Extends Relationship with XATA to Leverage MobileMax

    MINNEAPOLIS, March 18 /PRNewswire-FirstCall/ -- XATA Corporation , the expert in fleet operations optimization, announced today that TransAm, one of the largest refrigerated fleet operators in the United States, has extended their contract with XATA for its MobileMax fleet management product.

    The Olathe, Kansas-based company leverages MobileMax to help operate their refrigerated fleet. The fleet management solution is currently installed in more than 1,200 TransAm trucks. The company uses MobileMax for two-way communications--leveraging XATA's cellular and satellite multi-modal communication network--to track their fleet assets and enhance delivery performance.

    "We pride ourselves on providing the best service possible for our customers," said Russ McEllicott, president and COO, TransAm Trucking. "Having XATA's MobileMax fleet management solution deployed in our trucks helps us manage our business with the ability to track our trucks and get real-time access to fleet data. We look forward to continuing our relationship with XATA."

    XATA's MobileMax integrates with TransAm's internal business operations software, which they leverage to run their day-to-day operations. MobileMax combines with their business-operations software to optimize their fleet operations, delivering the ability to automatically receive such fleet data as delivery time and truck whereabouts.

    "TransAm is a smart company. They know one of the key elements to being a best-in-class fleet operation is to have technology in place to help drive business efficiencies," said David Gagne, executive vice president of field operations, XATA Corporation. "With our extended relationship, we are excited to introduce them to additional functionality that will help run their fleet business even better."

    "With MobileMax, we have reaped tremendous savings in so many ways, and we look forward to continuing our relationship with XATA," added McEllicott.

    About XATA

    Based in Minneapolis, Minnesota, XATA Corporation is an expert in optimizing fleet operations by reducing costs and ensuring regulatory compliance for the trucking industry. With the introduction of XATANET in 2004, our customers now have access to vehicle data anywhere, anytime, through a fee-based subscription service. Our software and professional services help companies manage fleet operations, enhance driver safety and deliver a higher level of customer satisfaction. XATA provides expert services to develop the business processes required to deliver the profitability, safety and service level demanded by today's competitive transportation environments. XATA was the first company to introduce electronic driver logs and exception-based management reporting. For more information, visit http://www.xata.com/ or call 1-800-745-9282.

    XATA Corporation

    CONTACT: Karl Nilsson of XATA Corporation, +1-952-707-5650,
    karl.nilsson@xata.com

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




    CBS Outdoor Launches Do-It-Yourself Customization Program for ClientsWeb-Based "Wanna Billboard" System Lets Local Advertisers Create Their Own Outdoor SignageClients Can Access Vast Library of Ad-Agency Quality Creative in Crafting their Own Local Media

    NEW YORK, March 18 /PRNewswire/ -- CBS Outdoor announced today the launch of wannaBILLBOARD.com, a new web-based service that lets local advertisers choose their own outdoor ad creative from a catalog of customizable, ad-agency quality designs. The web-based program offers clients more than 50 local categories to start from, letting advertisers choose industry-tested templates to start the design process. Entirely customizable, clients can then add in their business name, address and contact information, as well as a text code to action, in just a matter of minutes.

    The new program is just the latest offering from CBS Outdoor seeking to eliminate the lack of creative as a barrier to entry that has prevented many smaller advertisers from taking advantage of out-of-home media. No matter what the economic situation is like, businesses still need to advertise, and wannaBILLBOARD.com will allow them, both large and small, to access the kind of professional ad-agency quality designs they could not have afforded before.

    The process begins with clients selecting designs from CBS Outdoor's library of creative, which includes many categories of businesses and different style designs. The website allows advertisers to customize the ad space, including uploading their own logos into specified areas of the creative. They can also choose what type of media they want from a menu of different options, including billboards, bus ads, kiosks, bus shelters, etc.

    Once the design process is complete, clients can search and then choose their preferred locations, using a map element to the site that allows users to zoom in on specific areas to see the billboard in its natural surroundings. Finally, wannaBILLBOARD.com lets the client request specific space for their signage from CBS Outdoor's vast portfolio of outdoor media, one of the largest collections in North America.

    "wannaBILLBOARD.com gives local advertisers entree into a medium they might not have considered before," explained Jodi Senese, Executive Vice President, Marketing, CBS Outdoor. "We are offering a portfolio of the very best designs by CBS Outdoor artists, and it's a collection that will consistently expand in choices and categories. This is a great way for local advertisers to begin the out-of-home media experience, with a hands-on-element few other advertising media can offer."

    There are plans to grow wannaBILLBOARD.com beyond its current stage with more enhanced features and greater customizability for clients. CBS Outdoor has begun promoting the site through radio and its nation-wide network of billboards and transit ads.

    CBS Outdoor is one of the largest out-of-home media companies in North America, and has a major presence across the globe. With both traditional outdoor and transit properties, the division gives advertisers both breadth of coverage across vast geographies and depth of coverage, providing multiple media opportunities in key markets.

    CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW -- a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime and CSTV Networks), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products) and video/ DVD (CBS Home Entertainment). For more information, log on to http://www.cbscorporation.com/.

    CBS Outdoor

    CONTACT: Jeremy Murphy of CBS, +1-212-975-4577, jeremy.murphy@cbs.com

    Web Site: htttp://wannabillboard.com

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