Trident Microsystems Reports Results for Fourth Quarter of Fiscal Year 2009

SANTA CLARA, Calif., July 27 /PRNewswire-FirstCall/ -- Trident Microsystems, Inc. , a leader in high-performance semiconductor system solutions for the multimedia and digital television market, today announced results for its fiscal fourth quarter ended June 30, 2009. For the fiscal fourth quarter, the company reported net revenues of $14.9 million, which compares with net revenues of $6.9 million in the prior sequential quarter and $39.5 million in the same quarter a year ago. The sequential increase over the third fiscal quarter is primarily attributable to the addition of certain Micronas product lines, which was completed during the fiscal fourth quarter.

The company reported a net loss of $21.1 million, or $0.32 per basic share, for the fiscal fourth quarter on a generally accepted accounting principles ("GAAP") basis. This compares with a net loss of $16.6 million, or $0.27 per basic share, in the prior sequential quarter and a net loss of $6.9 million, or $0.11 per basic share, for the same quarter a year ago.

Non-GAAP Results

Non-GAAP net loss for the fourth quarter of fiscal 2009 was $15.7 million, or $0.24 per basic share. This compares with a non-GAAP net loss of $14.4 million, or $0.23 per basic share, in the prior sequential quarter and non-GAAP net income of $7.0 million, or $0.11 per diluted share, in the same quarter a year ago. A detailed reconciliation between GAAP and non-GAAP net income/loss is provided in a table following the non-GAAP consolidated statements of operations.

Sylvia Summers Couder, Trident's chief executive officer and president, said, "In the fiscal fourth quarter we completed the acquisition of three Micronas product lines and achieved our stated financial and operating objectives for the quarter, including the initial integration steps following the acquisition. We believe that Trident's opportunity to close tier one DTV design wins in 2010 has been significantly strengthened by the addition of the newly acquired Micronas technologies and our internal development efforts in fiscal year 2009."

Summers Couder continued, "Despite our optimism, the long cycle from product development to production, the competitive nature of our markets, and weak demand will continue to pose near-term challenges. As a result, we are taking the steps necessary to realize the synergies from the acquisition and minimize cash burn while sustaining the investment necessary to realize our long-term goals."

Outlook for Fiscal First Quarter Ending September 30, 2009

Trident's outlook for the first quarter of fiscal year 2010, described below, is based on current expectations and is subject to various factors, including those set forth in the Forward-Looking Information statement below. Actual results may differ materially.

-- Net revenues are expected to be in the range of $22 million to $25 million. -- Non-GAAP gross margins are expected to be in the range of 31% to 33%. -- Non-GAAP operating expenses are expected to be in the range of $20 million to $21 million, with research and development expenses in the range of $14 million to $15 million and selling, general and administrative expenses of approximately $6 million. -- To align its workforce with the opportunities in fiscal 2010, the company this week will implement a 10% reduction in its global workforce, which is expected to result in restructuring charges of approximately $1.5 million. -- Non-GAAP operating loss is expected to be in the range of $12 to $14 million. -- Provision for income taxes is expected to be approximately $0.3 million. -- The company expects to end the quarter with a cash balance of approximately $165 million to $170 million.

Summers Couder concluded, "Our market continues to be attractive because it is large, responsive to innovation, and lacks a clear leader. We expect to see further consolidation in our market in the future and we will continue to explore strategic acquisitions that could accelerate our revenue growth and a return to profitability."

Use of Non-GAAP Financial Information

To supplement the consolidated financial results prepared under GAAP, Trident uses a non-GAAP conforming, or non-GAAP, measure of net income (loss) that is GAAP net income (loss) adjusted to exclude certain costs, expenses and gains. Non-GAAP net income (loss) gives an indication of Trident's baseline performance before gains, losses or other charges that are considered by management to be outside the company's core operating results. In addition, non-GAAP net income (loss) is among the primary indicators management uses as a basis for planning and forecasting future periods. These measures are not in accordance with, or an alternative for, GAAP and may be materially different from non-GAAP measures used by other companies. Trident computes non-GAAP net income (loss) by adjusting GAAP net income (loss) for stock-based compensation expense, expenses related to the stock option investigation and related matters, restructuring charges, expenses related to software license fees adjustment, amortization of intangible assets from the acquisition of Trident's Beijing subsidiary and the purchase of the minority interests of Trident's Taiwan subsidiary (Trident Technologies, Inc.), impairment loss, backlog amortization, capital gains and losses and dividend income. A detailed reconciliation between net income (loss) on a GAAP basis and non-GAAP net income (loss) is provided in a table following non-GAAP Consolidated Statements of Operations.

Investor Conference Call

Management will host a conference call at 2:00 pm Pacific Time today. The domestic dial in is 866-314-9013; the international dial-in is 617-213-8053. Passcode: 24116244. A replay of the conference call will be available for two weeks, beginning approximately two hours following the conference call and will be accessible by calling 888-286-8010 (domestic) or 617-801-6888 (international) using access code 52648914. This call is being webcast by Thomson/CCBN and can be accessed at Trident's web site at: http://www.tridentmicro.com/. The webcast also is being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/; institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (http://www.streetevents.com/).

Forward-Looking Information

This press release contains forward-looking statements, including statements regarding financial expectations for the first quarter of fiscal year 2010, as well as our ability to close tier one DTV design wins in 2010 and beyond, grow through further acquisitions, realize the synergies from the Micronas acquisition and reduce our cash burn rate. The forward-looking statements made above are subject to certain risks and uncertainties, and actual results could vary materially depending on a number of factors. These risks include, in particular, our ability to realize the benefits from our acquisition of product lines from Micronas, our ability to build upon our core strengths, including our technology, engineering team, competitive cost structure and strong balance sheet, the timing of product introductions, the ability to obtain design wins among major OEMs for Trident's products, and competitive pressures, including pricing and competitors' new product introductions, the impact of the deteriorating global macroeconomic environment, the increasingly competitive DTV market and our ability to retain key employees. Additional factors that may affect Trident's business are described in detail in Trident's filings with the Securities and Exchange Commission available at http://www.sec.gov/.

About Trident Microsystems, Inc.

Trident Microsystems, Inc., with headquarters in Santa Clara, California, designs, develops and markets integrated circuits, or ICs for digital media applications, such as digital television and LCD television. Trident's products are sold to a network of OEMs, original design manufacturers and system integrators worldwide. For further information about Trident and its products, please consult the Company's web site: http://www.tridentmicro.com/.

NOTE: Trident is a registered trademark of Trident Microsystems, Inc. All other company and product names are trademarks and/or registered trademarks of their respective owners. Features, pricing, availability and specifications are subject to change without notice.

(Tables to follow) Trident Microsystems, Inc. Condensed Consolidated Balance Sheets (Unaudited) June 30, March 31, June 30, (In thousands) 2009 2009 2008 ---- ---- ---- ASSETS Current assets Cash and cash equivalents $187,937 $202,581 $213,296 Short-term investments - - 26,704 Accounts receivable, net 9,375 812 4,510 Inventories 6,828 1,650 8,680 Prepaid expenses and other current assets 9,425 10,918 12,863 -------------------- ------- ------- ------- Total current assets 213,565 215,961 266,053 Property and equipment, net 27,587 23,381 23,425 Intangible assets, net 7,685 4,298 8,428 Goodwill 7,708 - 1,432 Other assets 6,767 9,664 9,977 ------------ -------- -------- -------- Total assets $263,312 $253,304 $309,315 ============ ======== ======== ======== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $10,485 $4,794 $10,889 Accrued expenses and other current liabilities 25,059 15,830 22,910 Income taxes payable 13,107 12,320 16,309 ------------------------- ------ ------ ------ Total current liabilities 48,651 32,944 50,108 Long-term income taxes payable 21,658 21,476 21,579 Deferred income tax liabilities 81 249 370 ----------------- ------ ------ ------ Total liabilities 70,390 54,669 72,057 Stockholders' equity Capital stock 234,204 218,842 208,360 (Accumulated deficit) / retained earnings (41,282) (20,207) 28,950 Accumulated other comprehensive loss - - (52) -------------------------- ------- ------- ------- Total stockholders' equity 192,922 198,635 237,258 ----------------------------------- ------- ------- ------- Total liabilities and stockholders' equity $263,312 $253,304 $309,315 =================================== ======== ======== ======== Trident Microsystems, Inc. Condensed Consolidated Statements of Operations (Unaudited) Three Months Ended Year Ended (In thousands, ------------------ ---------- except per June 30, March 31, June 30, June 30, June 30, share data) 2009 2009 2008 2009 2008 -------------- ---- ---- ---- ---- ---- Net revenues $14,912 $6,852 $39,496 $75,761 $257,938 Cost of revenues 10,290 6,391 22,736 $52,433 137,912 --------- ------ ----- ------ ------- ------- Gross profit 4,622 461 16,760 23,328 120,026 Gross margin 31.0% 6.7% 42.4% 30.8% 46.5% Research and development expenses 15,802 11,434 13,223 53,016 52,608 % of net revenues 106.0% 166.9% 33.5% 70.0% 20.4% Selling, general and administrative expenses 7,421 3,626 10,207 29,617 48,598 % of net revenues 49.8% 52.9% 25.8% 39.1% 18.8% Impairment of goodwill - 1,432 - 1,432 - % of net revenues - 20.9% - 1.9% - In-process research and development 697 - - 697 - % of net revenues 4.7% - - 0.9% - Restructuring charges 8 41 - 810 - % of net revenues 0.1% 0.6% - 1.1% - --------- --- --- --- --- --- Income (loss) from operations (19,306) (16,072) (6,670) (62,244) 18,820 % of net revenues (129.5)% (234.6)% (16.9)% (82.2)% 7.3% Net (loss) on investment in / dividend income from UMC stock - - (6,480) (8,187) (6,480) Interest and other income (expense), net (806) 1,287 1,328 5,712 6,611 --------------- ---- ----- ----- ----- ----- Income (loss) before income taxes (20,112) (14,785) (11,822) (64,719) 18,951 % of net revenues (134.9)% (215.8)% (29.9)% (85.4)% 7.3% Provision for (benefit from) income taxes (1) 963 1,819 (4,892) 5,513 8,799 % of net revenues 6.5% 26.5% (12.4)% 7.3% 3.4% --------- --- ---- ----- --- --- Net income (loss) (21,075) (16,604) (6,930) (70,232) $10,152 % of net revenues (141.3)% (242.3)% (17.5)% (92.7)% 3.9% --------- ------ ------ ----- ----- --- Basic net income (loss) per share $(0.32) $(0.27) $(0.11) $(1.12) $0.17 -------------- ------ ------ ------ ------ ----- Common shares used in computing basic per share amounts 65,565 61,829 60,390 62,535 59,367 --------- ------ ------ ------ ------ ------ Diluted net income (loss) per share $(0.32) $(0.27) $(0.11) $(1.12) $0.16 -------------- ------ ------ ------ ------ ----- Common and common equivalent shares used in computing diluted per share amounts 65,565 61,829 60,390 62,535 62,751 -------------- ------ ------ ------ ------ ------ (1) Amounts for each quarter ended include the amortization of foreign taxes associated with intercompany profit on assets remaining within Trident's group. Trident Microsystems, Inc. Non-GAAP Condensed Consolidated Statements of Operations (Unaudited) Three Months Ended Year Ended (In thousands, ------------------ ---------- except per June 30, March 31, June 30, June 30, June 30, share data) 2009 2009 2008 2009 2008 -------------- ---- ---- ---- ---- ---- Net revenues $14,931 $6,852 $39,496 $75,780 $257,938 Cost of revenues 9,368 5,321 21,446 47,168 132,011 --------- ----- ----- ------ ------ ------- Gross profit 5,563 1,531 18,050 28,612 125,927 Gross margin 37.3% 22.3% 45.7% 37.8% 48.8% Research and development expenses 12,886 10,382 10,717 45,158 38,803 % of net revenues 86.3% 151.5% 27.1% 59.6% 15.0% Selling, general and administrative expenses 5,865 5,004 6,584 23,039 26,555 % of net revenues 39.3% 73.0% 16.7% 30.4% 10.3% In-process research and development 697 - - 697 - % of net revenues 34.7% - - 34.7% - --------- ---- --- --- ---- --- Income (loss) from operations (13,885) (13,855) 749 (40,282) 60,569 % of net revenues (93.0)% (202.2)% 1.9% (53.2)% 23.5% Interest and other income (expense), net(1) (806) 1,280 1,322 5,820 3,859 ------------ ---- ----- ----- ----- ----- Income (loss) before income taxes (14,691) (12,575) 2,071 (34,462) 64,428 % of net revenues (98.4)% (183.5)% 5.2% (45.5)% 25.0% Provision for (benefit from) income taxes (2) 963 1,819 (4,892) 5,513 8,799 % of net revenues 6.4% 26.5% (12.4)% 7.3% 3.4% --------- --- ---- ----- --- --- Net income (loss) (15,654) (14,394) 6,963 (39,975) 55,629 % of net revenues (104.8)% (210.1)% 17.6% (52.8)% 21.6% --------- ------ ------ ---- ----- ---- --------------- ------ ------ ----- ------ ----- Basic net income (loss) per share $(0.24) $(0.23) $0.12 $(0.64) $0.94 Common shares used in computing basic per share amounts 65,565 61,829 60,390 62,535 59,367 --------- ------ ------ ------ ------ ------ --------------- ------ ------ ----- ------ ----- Diluted net income (loss) per share $(0.24) $(0.23) $0.11 $(0.64) $0.87 Common and common equivalent shares used in computing diluted per share amounts under non-GAAP basis (3) 65,565 61,829 63,541 62,535 63,840 ---------- ------ ------ ------ ------ ------ (1) Amounts in the three months and the year ended June 30, 2009 included a $1.0 million foreign currency remeasurement loss and $2.6 million foreign currency remeasurement gain, respectively, related to income taxes payable in foreign jurisdictions, which resulted from the relative strengthening of the U.S. dollar. (2) Amounts for each quarter ended include the amortization of foreign taxes associated with intercompany profit on assets remaining within Trident's group. (3) Common and common equivalent shares used to calculate non-GAAP diluted net income per share excluded all the unamortized stock compensation of stock options and restricted shares when determining whether the awards are anti-dilutive. We also excluded unamortized stock compensation from the assumed proceeds under the treasury stock method. Trident Microsystems, Inc. A reconciliation between net income on a GAAP basis and a non-GAAP basis is as follows: Three Months Ended Year Ended (In thousands, except ------------------ ---------- per share data, June 30, March 31, June 30, June 30, June 30, unaudited) 2009 2009 2008 2009 2008 ---- ---- ---- ---- ---- GAAP net income (loss) ($21,075) ($16,604) ($6,930) ($70,232) $10,152 Impairment of goodwill and intangible assets (1) Cost of revenues - 294 1,127 677 5,138 Selling, general and administrative expenses - 1,735 146 1,739 588 Research and development 1,706 - - 1,706 - ----- --- --- ----- --- Total impairment of goodwill and intangible assets 1,706 2,029 1,273 4,122 5,726 Backlog amortization 19 - - 19 - Amortization of acquisition-related intangible assets (2) Cost of revenues 768 628 - 3,567 - Selling, general and administrative expenses 51 76 - 398 - --- --- --- --- --- Total amortization of acquisition-related intangible assets 819 704 - 3,965 - Stock-based compensation expense (3) Cost of revenues 149 145 163 587 763 Research and development 1,710 1,340 2,596 7,539 12,418 Selling, general and administrative expenses 1,401 1,318 1,608 4,547 15,424 ----- ----- ----- ----- ------ Total stock-based compensation expense 3,260 2,803 4,367 12,673 28,605 Restructuring Charges Cost of revenues 5 3 - 15 - Research and development 0 28 - 470 - Selling, general and administrative expenses 8 13 - 340 - --- --- --- --- --- Total restructuring charges 13 44 - 825 - Stock options related professional fees - (SG&A) (4) 104 (3,075) 1,869 1,326 6,031 Software license fees - (R&D) (5) (500) (288) (90) (1,387) 1,387 Prepaid royalties adjustment (6) Cost of revenues - - - 419 - Loss/Impairment/Dividend on UMC stock (7) Loss of sale of UMC stock - - - 8,959 - Impairment loss of UMC stock - - 6,480 429 6,480 UMC stock dividend income - - - (1,201) - --- --- --- ------ --- Total impact on UMC stock - - 6,480 8,187 6,480 Impairment of other investment - - - 127 - Capital gain on investments, net (8) - (7) (6) (19) (2,752) ----------------------- -------- -------- ------ -------- ------- Non-GAAP net income (loss) ($15,654) ($14,394) $6,963 ($39,975) $55,629 ======== ======== ====== ======== ======= ----------------------- ------ ------ ----- ------ ----- Basic net income (loss) per share $(0.24) $(0.23) $0.12 $(0.64) $0.94 ----------------- ------ ------ ----- ------ ----- Common shares used in computing basic per share amounts 65,565 61,829 60,390 62,535 59,367 -------------------- ------ ------ ------ ------ ------ ----------------------- ------ ------ ----- ------ ----- Diluted net income (loss) per share $(0.24) $(0.23) $0.11 $(0.64) $0.87 ------------------ ------ ------ ----- ------ ----- Common and common equivalent shares used in computing diluted per share amounts under non-GAAP basis 65,565 61,829 63,541 62,535 63,840 --------- ------ ------ ------ ------ ------ (1) Charges for impairment of goodwill and intangible assets incurred as a result of their carrying value exceeding the fair value. The impaired goodwill and intangible assets related to acquired TMBJ and certain third-party purchased IP. Management believes that these charges are not directly associated with the Company's core operating performance. (2) Amortization of acquisition-related intangible assets represents the amortization of identifiable intangible assets from the acquisition of TMBJ and the purchase of the minority interests of the Company's TTI subsidiary. Management deemed that these acquisition-related charges are not related to Trident's core operating performance and it is appropriate to exclude those charges from Trident's non-GAAP financial measures, as it enhances the ability of investors to compare Trident's period-over-period operating results. (3) Stock-based compensation expense relates primarily to the equity awards such as stock options and restricted stock. This is non-cash expense that varies in amount from period to period and is dependent on market forces that are often beyond Trident's control. Hence, management excludes this item from the non-GAAP financial measures. (4) Stock options related professional fees are excluded from the non-GAAP net income (loss) calculation. Management believes that these professional fees are not related to the Company's ongoing business and operating performance of Trident. Amounts in the three months and year ended June 30, 2009 include insurance reimbursements received for the Directors' and Officers' insurance partially offset by the stock options related professional fees incurred. (5) Software license fees represent an adjustment for prior years' software usage. (6) Adjustment incurred to write down existing royalties that the Company prepaid to certain vendors. Management believes that the adjustment is not directly associated with Trident's core operating performance. (7) Management believes that the capital loss on the sale of UMC stock and the dividend income received from UMC are not directly related to the ongoing business and operating performance of Trident. In addition, at September 30, 2008, based on the guidance prescribed in FSPs No. FAS 115-1 and FAS 124-1, The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments, the Company determined that the decline in value of its remaining investment in UMC was other than temporary. As a result, the Company recorded an impairment loss in the first quarter of fiscal year 2009 for this decline in value. The capital loss, dividend income and impairment loss from the investment in UMC have all been excluded from the non-GAAP net loss calculation. (8) The capital gain related to cash distribution from one of the Company's investments. Management believes that such capital gain on the investment is not related to the ongoing business and operating performance of Trident. As such, management believes that it is appropriate to exclude investment related gain from Trident's non-GAAP financial measures.

Trident Microsystems, Inc.

CONTACT: John Swenson of Swenson Partners, +1-415-302-2324,
john@swenson-partners.com, for Trident Microsystems

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

SuccessFactors Announces Second Quarter Fiscal 2009 ResultsRevenues Grow 44% and Achieves Non-GAAP Profitability Three Quarters Ahead of Schedule - Record revenue of $36.9 million, increase of 44% year-over-year from $25.7 million and 5% sequentially - Continues cash profitability - Non-GAAP gross margin improves to 79% - Signs world's largest cloud deployment of 420,000 users bringing global user count to over 5.4 million - Raises full fiscal year 2009 revenue guidance to 32% annual growth to a range between $147 million to $148 million; raises non-GAAP EPS guidance

SAN MATEO, Calif., July 27 /PRNewswire-FirstCall/ -- SuccessFactors, Inc. , the global leader in on-demand performance and talent management solutions, today announced results for its second fiscal quarter of 2009 which ended June 30, 2009.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090602/SF26086LOGO)

"In a terrible environment, the quarter wasn't," said Lars Dalgaard, chief executive officer for SuccessFactors.

"We saw some small indicators of a recovery, but most importantly in this quarter the team in most segments and geographies has found a way to systematically get deals done in this market," continued Dalgaard. "Most organizations are being very conservative about technology spending. And we don't see that changing. With that said, we feel we proved we are the best positioned company in the industry to exploit our $16 billion market opportunity."

SuccessFactors' results for the second quarter fiscal year 2009: -- Q2 FY09 Revenue: Q209 revenue was $36.9 million, compared to prior company guidance of $35.5 million to $35.75 million, and compared to $25.7 million in the quarter ended June 30, 2008, an increase of 44% year-over-year, and an increase of 5% sequentially from Q109. -- Q2 FY09 Cash Flows Generated from Operations: For the quarter ended June 30, 2009, the company generated approximately $939,000 of cash from operating activities, compared to the ($6.4) million use in the quarter ended June 30, 2008. Total cash, cash equivalents and marketable securities at June 30, 2009 was $107.8 million. -- Q2 FY09 Net Loss per Share: On a GAAP basis, for the quarter ended June 30, 2009, the net loss per common share, basic and diluted, was $(0.04). The non-GAAP net income per common share, basic and diluted, was $0.00, which excludes approximately $2.4 million in stock-based compensation expense, compared to a non-GAAP net loss per share, basic and diluted, of $(0.10) in Q109 and $(0.33) in Q208. GAAP and non-GAAP net loss per common share calculations are based on 56.8 million weighted average shares outstanding during the second quarter of 2009. Additional Second Quarter Fiscal 2009 Highlights: -- SuccessFactors signs the world's largest enterprise cloud deployment with Siemens AG for 420,000 users. The electronics and electrical engineering giant has purchased a global enterprise subscription of virtually all of SuccessFactors' modules to link strategy and executed business results with its worldwide corporate talent management vision, for 420,000 users across 80 countries in 20 different languages. -- SuccessFactors leads the way among enterprise cloud applications with more than 5.4 million users with one of the world's largest-known enterprise cloud deployments of 300,000 users by one of the world's largest retailers. SuccessFactors now has 4 customers with greater than 100,000 users, 12 customers with greater than 50,000 users, more than 35 customers with greater than 25,000 users, and more than 115 customers with greater than 10,000 users resulting in the most widely-deployed enterprise cloud application. -- SuccessFactors hosts over 1,000 customers and prospects over a two week period across the country for the first time bringing SuccessFactors' annual user conference to them in the 2009 SuccessConnect Local events -- keynotes from Vail Resorts in San Francisco, Ingersoll Rand in Chicago, and VWR International in New York City. -- SuccessFactors launches Employee Central, a revolutionary product for organizational insight and social collaboration for the enterprise. Employee Central is a new module on the SuccessFactors Performance and Talent Management Platform that allows companies to maintain centralized employee information with deeply integrated social networking and collaboration, giving employees, managers and executives a single, real-time hub to have a more complete picture of their people. For more product information please visit: http://www.successfactors.com/employee-central/. -- SuccessFactors announces the general availability of SuccessFactors Express, a complete, automated performance management solution for companies with less than 50 employees. This on-demand solution helps emerging, high-growth companies to instantly create a performance review process, as well as track progress against critical company goals to ensure success of their small business. For more product information please visit: http://www.successfactors.com/express. -- SuccessFactors partners with Ceridian to resell SuccessFactors Express as Ceridian Performance Management Express. Ceridian Corporation is a leading provider of managed human resource, employee benefits administration, tax filing, payroll outsourcing and talent management solutions. -- SuccessFactors continues to gain traction in Latin America with H-E-B of Mexico, an international supermarket retailer employing more than 6,000 people, using cloud computing and SuccessFactors' Business Performance Suite to align goals, eliminate manual processes, prepare succession plans and leverage employee data to make better management decisions in order to save critical execution time and add value to the business success. -- SuccessFactors drives EMEA success moving Veolia Environmental Services to SuccessFactors' Enterprise Cloud to drive business results from strategy to execution and manage growth, while facilitating mobility among company executives and leadership. With 2007 revenues of euro 9.2 billion, Veolia Environmental Services is the world leader in waste management with operations on every continent. Veolia Environmental deployed SuccessFactors to start with 3,000 executives and managers across five countries out of 100,000 employees. -- SuccessFactors opened registration for its inaugural 2009 SuccessConnect Local -- Asia Pacific user conference to take place in Melbourne, Australia on August 13th to 14th, an event expected to bring together customers across many countries in the Asia Pacific region. Guidance:

SuccessFactors is initiating guidance for its third quarter and is raising its full fiscal year 2009 EPS guidance.

-- Q3 FY09: Revenue for the company's third fiscal quarter is projected to be in the range of approximately $37.2 million to $37.5 million. Non-GAAP net income per common share, basic and diluted, is expected to be approximately breakeven. Non-GAAP net loss per common share estimates exclude the effects of estimated stock-based compensation expense and assume an average weighted share count of approximately 57.2 million shares. -- Full Year FY09: The company is raising guidance for full fiscal 2009 revenue from approximately $145 million to $146 million, or 30% annual growth, to approximately $147 million to $148 million or 32% annual growth. The company now expects the non-GAAP net loss per common share for fiscal 2009 to be in the range of ($0.06) to ($0.07); previous guidance had been in the range of ($0.18) to ($0.22). Non-GAAP net loss per common share estimates exclude the effects of estimated stock-based compensation expense and assume an average weighted share count of approximately 57 million shares. Conference Call

SuccessFactors will host a conference call to discuss its second quarter fiscal 2009 results today at 2:00 p.m. Pacific Daylight Time. A live audio webcast of the conference call, together with detailed financial information, can be accessed through the company's Investor Relations website at http://www.successfactors.com/investor. In addition, an archive of the webcast can be accessed through the same link until August 7, 2009. Participants who choose to call into the conference call can do so by dialing domestically at 866-923-9739 and internationally at 706-634-0915. A domestic replay will be available at 800-642-1687 or 706-645-9291 internationally, passcode 19382606, until August 7, 2009.

Use of Non-GAAP Financial Information

SuccessFactors provides quarterly and annual financial statements that are prepared in accordance with generally accepted accounting principles (GAAP). To help understand SuccessFactors' past financial performance and future results, SuccessFactors has supplemented its financial results that it provides in accordance with GAAP, with non-GAAP financial measures. The method SuccessFactors uses to produce non-GAAP financial results is not computed according to GAAP and may differ from the methods used by other companies. The non-GAAP measures used by SuccessFactors exclude the impact of stock-based compensation expense recorded under SFAS123R. SuccessFactors' reference to these non-GAAP financial results should be considered in addition to results that are prepared under current accounting standards but should not be considered as a substitute for, or superior to, the financial results that are presented as consistent with GAAP. SuccessFactors' management uses the supplemental non-GAAP financial measures internally to understand, manage and evaluate SuccessFactors' business and make operating decisions. These non-GAAP financial measures are among the factors SuccessFactors' management uses in planning for and forecasting future periods. Reconciliation to the nearest GAAP financial measures of the non-GAAP financial measures is included in this press release.

About SuccessFactors, Inc.

SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,850 customers and more than 5.4 million end users today, SuccessFactors' solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs passionate people focused on revolutionizing the future of work. For more information, visit: http://www.successfactors.com/.

"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:

This press release contains 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. These forward-looking statements are SuccessFactors' current expectations and beliefs.

These forward-looking statements include statements about expected revenue, non-GAAP net loss per share and the average weighted share count for the third fiscal quarter of 2009, the full fiscal year 2009, future cash flow, profitability, potential market size, growth and related items. Factors that could cause actual results to differ materially include: our ability to continue to experience high customer renewal rates; whether customers renew their agreements for additional modules or users; levels of new customers; pricing pressures; the uncertain impact of the overall global economic slowdown, including on our customers, prospective customers and partners, renewal rates and length of sales cycles; the fact that our market is at an early stage of development, and it may not develop as rapidly as we anticipate; competitive factors; outages or security breaches; our ability to develop, and market acceptance of, new services; our ability to continue to sell our services outside the HR area; our ability to manage our growth; our ability to successfully expand our sales force and its effectiveness; whether our resellers and other partners will be successful in marketing our products; our ability to continue to manage expenses; the impact of unforeseen expenses; and general economic conditions worldwide. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.

Further information on these and other factors that could affect our financial results is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K for 2008 and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.

These documents are or will be available on the SEC Filings section of the Investor Relations section of our website at http://www.successfactors.com/investor.

SuccessFactors, Inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

"SuccessFactors" is a trademark of SuccessFactors, Inc., San Mateo, California. Other names used may be trademarks of their respective owners.

CONTACTS: Dominic Paschel SuccessFactors, Inc. Public & Investor Relations 415-262-4641 dpaschel@successfactors.com SuccessFactors, Inc. Condensed Consolidated Balance Sheets (in thousands) As of As of June 30, December 31, 2009 2008 ---- ---- (unaudited) (1) Assets: Current assets: Cash and cash equivalents $ 37,065 $ 69,859 Marketable securities 70,741 32,505 Accounts receivable, net of allowance for doubtful accounts 35,998 44,446 Deferred commissions 5,195 5,721 Prepaid expenses and other current assets 4,408 3,224 ----- ----- Total current assets 153,407 155,755 Restricted cash 1,223 1,248 Property and equipment, net 5,298 6,933 Deferred commissions, net of current portion 5,667 6,292 Other assets 303 198 --- --- Total assets $ 165,898 $ 170,426 ======== ======== Liabilities and stockholders' equity (deficit): Current liabilities: Accounts payable $ 653 $ 1,960 Accrued expenses and other current liabilities 6,186 9,632 Accrued employee compensation 12,240 12,159 Deferred revenue 132,550 128,940 Current portion of capital lease obligations 38 37 ---- ---- Total current liabilities 151,667 152,728 Capital lease obligations, net of current portion - 19 Deferred revenue, net of current portion 17,274 20,858 Long-term taxes payable 1,161 - Other long-term liabilities 1,068 2,197 ----- ----- Total liabilities 171,170 175,802 Stockholders' equity (deficit): Common stock 57 56 Additional paid-in capital 208,979 200,907 Accumulated other comprehensive income (40) (74) Accumulated deficit (214,268) (206,265) -------- -------- Total stockholders' equity (deficit) (5,272) (5,376) -------- -------- Total liabilities and stockholders' equity (deficit) $165,898 $170,426 ======== ======== (1) The condensed consolidated balance sheet as of December 31, 2008 has been derived from the audited financial statements as of that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. SuccessFactors, Inc. Condensed Consolidated Statements of Operations (unaudited, in thousands, except per share data) Three Months Ended Six Months Ended June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- Revenue $36,940 $25,714 $72,160 $49,175 Cost of revenue (1) 7,947 9,244 $16,436 18,580 ----- ----- ------- ------ Gross profit 28,993 16,470 55,724 30,595 ------ ------ ------ ------ Operating expenses: (1) Sales and marketing 19,996 23,261 39,552 44,870 Research and development 6,073 6,250 11,624 11,459 General and administrative 5,282 6,144 12,526 13,042 Gain on settlement of litigation, net - 684 - 878 ------ ------ ------ ------ Total operating expenses 31,351 36,339 63,702 70,249 ------ ------ ------ ------ Loss from operations (2,358) (19,869) (7,978) (39,654) Interest income (expense) and other, net 481 729 613 1,369 --- --- --- ----- Loss before provision for income taxes (1,877) (19,140) (7,365) (38,285) Provision for income taxes (444) (147) (638) (300) ---- ---- ---- ---- Net loss $(2,321) $(19,287) $(8,003) $(38,585) ======= ======== ======= ======== Net loss per common share, basic and diluted $(0.04) $(0.37) $(0.14) $(0.74) ====== ====== ====== ====== Shares used in computing net loss per common share, basic and diluted 56,754 52,298 56,536 51,973 ====== ====== ====== ====== (1) Amounts include stock-based compensation expenses as follows: Three Months Ended Six Months Ended June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- Cost of revenue $367 $227 $698 $409 Sales and marketing 966 900 2,090 1,685 Research and development 307 265 592 480 General and administrative 727 604 1,401 1,175 SuccessFactors, Inc. Condensed Consolidated Statements of Cash Flows (unaudited, in thousands) Three Months Ended Six Months Ended June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- Cash flow from operating activities: Net loss $ (2,321) $ (19,287) $(8,003) $(38,585) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 893 774 1,960 1,496 Loss on retirement/ impairment of fixed asset (1) - (65) - Amortization of deferred commissions 1,838 1,574 3,614 3,167 Stock-based compensation expense 2,367 1,996 4,781 3,749 Stock issued for services 77 - 77 - Changes in assets and liabilities: Accounts receivable (571) (2,857) 8,448 8,593 Deferred commissions (1,561) (1,821) (2,463) (3,028) Prepaid expenses and other current assets (1,073) (975) (1,184) (2,741) Other assets 77 9 (103) 36 Accounts payable (2,259) (568) (1,307) (2,974) Accrued expenses and other current liabilities (1,596) 258 (3,433) 1,642 Accrued employee compensation 1,822 3,719 81 (4,230) Long-term taxes payable 1,161 - 1,161 - Other liabilities 57 (62) 36 (123) Deferred revenue 2,029 10,858 26 22,624 ----- ------ --- ------ Net cash provided by (used in) operating activities 939 (6,382) 3,626 (10,374) --- ------ ----- ------- Cash flow from investing activities: Restricted cash (5) 22 24 61 Capital expenditures (275) (2,517) (348) (2,605) Proceeds from sale of assets - - 88 - Purchases of available-for- sale securities (22,953) (22,353) (78,626) (33,364) Proceeds from maturities of available-for-sale securities 12,955 12,503 39,803 14,503 Proceeds from sales of available-for-sale securities - - 546 - ------- ------- ------- ------- Net cash used in investing activities (10,278) (12,345) (38,513) (21,405) ------- ------- ------- ------- Cash flow from financing activities: Proceeds from exercise of stock options, net 1,510 496 2,049 660 Proceeds from initial public offering, net of offering costs - - - (545) Proceeds from follow-on offering, net of offering costs - 27,688 - 27,688 Principal payments on capital lease obligations (9) 1 (18) (17) --- --- ---- ---- Net cash provided by financing activities 1,501 28,185 2,031 27,786 ----- ------ ----- ------ Effect of exchange rate changes on cash and cash equivalents 130 (5) 62 43 --- --- --- --- Net increase (decrease) in cash and cash equivalents (7,708) 9,453 (32,794) (3,950) Cash and cash equivalents at beginning of period 44,773 68,871 69,859 82,274 ------ ------ ------ ------ Cash and cash equivalents at end of period $37,065 $78,324 $37,065 $78,324 ======= ======= ======= ======= SuccessFactors, Inc. Reconciliation of GAAP to Non-GAAP Measures (unaudited, in thousands, except per share data) Three Months Ended Six Months Ended June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- ------------------------------- Net loss and net loss per share reconciliations: ------------------------------- GAAP net loss $(2,321) $ (19,287) $(8,003) $(38,585) (a) Stock-based compensation as measured under SFAS123R 2,367 1,996 4,781 3,749 ----- ----- ----- ----- Non-GAAP net income (loss) excluding stock-based compensation expense and other items $ 46 $ (17,291) $(3,222) $(34,836) === ======== ======= ======== GAAP net loss per common share - basic and diluted $ (0.04) $ (0.37) $ (0.14) $ (0.74) ====== ====== ====== ===== Non-GAAP net income (loss) per common share (excluding stock-based compensation expense) - basic and diluted $ 0.00 $ (0.33) $ (0.06) $ (0.67) ===== ====== ====== ====== GAAP shares used in computing net loss per common share, basic and diluted 56,754 52,298 56,536 51,973 ====== ====== ====== ====== --------------------------- Total spend reconciliation: --------------------------- GAAP total cost of revenue and operating expenses $39,298 $ 45,583 $80,138 $ 88,829 (a) Stock-based compensation as measured under SFAS123R 2,367 1,996 4,781 3,749 ----- ----- ----- ----- Non-GAAP total cost of revenue and operating expenses (total spend) $36,931 $ 43,587 $75,357 $ 85,080 ======= ======= ======= ======= ----------------------------- Gross profit and gross margin reconciliations: ----------------------------- GAAP gross profit $28,993 $ 16,470 $55,724 $ 30,595 (b) Stock-based compensation in cost of revenue as measured under SFAS123R 367 227 698 409 --- --- --- --- Non-GAAP gross profit $29,360 $ 16,697 $56,422 $ 31,004 ======= ======= ======= ======= GAAP gross margin percentage 78% 64% 77% 62% === === === === Non-GAAP gross margin percentage 79% 65% 78% 63% === === === === ------------------------------- Cost of revenue reconciliation: ------------------------------- GAAP cost of revenue $ 7,947 $ 9,244 $16,436 $ 18,580 (b) Stock-based compensation in cost of revenue as measured under SFAS123R 367 227 698 409 --- --- --- --- Non-GAAP cost of revenue $ 7,580 $ 9,017 $15,738 $ 18,171 ====== ====== ======= ======= ------------------------ Total operating expenses reconciliation: ------------------------ GAAP operating expenses $31,351 $ 36,339 $63,702 $ 70,249 (c) Stock-based compensation in operating expenses as measured under SFAS123R 2,000 1,769 4,083 3,340 ----- ----- ----- ----- Non-GAAP operating expenses $29,351 $ 34,570 $59,619 $ 66,909 ======= ======= ======= ======= ------------------------- Total sales and marketing reconciliation: ------------------------- GAAP sales and marketing $19,996 $ 23,261 $39,552 $ 44,870 (d) Stock-based compensation in sales and marketing as measured under SFAS123R 966 900 2,090 1,685 --- --- ----- ----- Non-GAAP sales and marketing $19,030 $ 22,361 $37,462 $ 43,185 ======= ======= ======= ======= ------------------------------ Total research and development reconciliation: ------------------------------ GAAP research and development $ 6,073 $ 6,250 $11,624 $ 11,459 (e) Stock-based compensation in research and development as measured under SFAS123R 307 265 592 480 --- --- --- --- Non-GAAP research and development $ 5,766 $ 5,985 $11,032 $ 10,979 ====== ====== ======= ======= ------------------------------- Total general and administrative reconciliation: ------------------------------- GAAP general and administrative expenses $ 5,282 $ 6,144 $12,526 $ 13,042 (f) Stock-based compensation in general and administrative as measured under SFAS123R 727 604 1,401 1,175 --- --- ----- ----- Non-GAAP general and administrative $ 4,555 $ 5,540 $11,125 $ 11,867 ====== ====== ======= ======= -------------------------------- Operating margin reconciliation: -------------------------------- GAAP loss from operations $(2,358) $ (19,869) $(7,978) $(39,654) (b) Stock-based compensation in cost of revenue as measured under SFAS123R 367 227 698 409 (d) Stock-based compensation in sales and marketing as measured under SFAS123R 966 900 2,090 1,685 (e) Stock-based compensation in research and development as measured under SFAS123R 307 265 592 480 (f) Stock-based compensation in general and administrative as measured under SFAS123R 727 604 1,401 1,175 --- --- ----- ----- Non-GAAP income (loss) from operations less SFAS123R $ 9 $ (17,873) $(3,197) $(35,905) === ======== ======= ======== Revenue $ 36,940 $ 25,714 $72,160 $ 49,175 ------- ------- ------- ------- Non-GAAP operating margin percentage 0% (70%) (4%) (73%) === === == ===

Photo: http://www.newscom.com/cgi-bin/prnh/20090602/SF26086LOGO
http://photoarchive.ap.org/
photodesk@prnewswire.com SuccessFactors, Inc.

CONTACT: Dominic Paschel, Public & Investor Relations of SuccessFactors,
Inc., +1-415-262-4641, dpaschel@successfactors.com

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

Random Lake, Wis., Residents to Benefit From Verizon Wireless Network EnhancementNew Cell Site Means Clearer Reception, Fewer Dropped Calls

RANDOM LAKE, Wis., July 27 /PRNewswire/ -- Verizon Wireless has activated a new cell site in Random Lake that expands network coverage, enabling more customers in Sheboygan County to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site, which is equipped with a permanent backup generator for times of emergency, expands Verizon Wireless' voice and data network in Random Lake from County Highway A south to Belgium Kohler Road, west to County Highway E and east to County Highway B.

"This network expansion reflects our ongoing commitment to meet the growing needs of our customers and to provide them with the reliable, high-quality service they expect from Verizon Wireless," said T.J. Fox, president-Wisconsin/Illinois Region, Verizon Wireless.

"The value we offer our customers is closely tied to our industry-leading customer retention," Fox said. "Wireless consumers today understand that value is not defined by price alone. A major reason our customers choose Verizon Wireless and stay with us is because we offer the nation's most reliable network."

The new cell site in Random Lake is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Wisconsin and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed--$5.5 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. More than $277.4 million of this investment was spent in Wisconsin, including more than $55 million in 2008.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 86.6 million customers. Headquartered in Basking Ridge, N.J., with more than 86,000 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: Carolyn A. Schamberger, APR, of Verizon Wireless,
+1-847-619-4282, carolyn.schamberger1@verizonwireless.com, or Dana Carpenter,
+1-414-291-0912, Ext. 111, dana@corecreative.com, for Verizon Wireless

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

Live Webcast From The Verizon Developer Community Conference On TuesdayRegister at www.vdc2009.com to Watch the Live Webcast from San Jose, Calif.

BASKING RIDGE, N.J., and SAN JOSE, Calif., July 27 /PRNewswire/ --

WHO: Verizon Wireless, the nation's leading wireless provider WHAT: The morning general sessions of tomorrow's Verizon Developer Community (VDC) Conference will be webcast live at http://www.vdc2009.com/ and will provide mobile applications developers with an overview of the VDC, including technical, marketing and network information from Verizon Wireless and other industry leaders. Speakers for the morning sessions include: * Lowell McAdam, chief executive officer, Verizon Wireless * John Stratton, chief marketing officer, Verizon * Roger Gurnani, senior vice president, product development, Verizon Wireless * Jim Balsillie, co-chief executive officer, Research In Motion * Masayoshi Son, chairman and chief executive officer, Softbank Mobile (via video) * Executives with developer partners discussing their experiences launching applications with Verizon The afternoon deep-dive sessions will be available for viewing on the Web shortly after the conference concludes. WHERE: To register for the webcast, visit http://www.vdc2009.com/. Information on the agenda and speakers is also available on the Web site. Developers can also follow the conference on Twitter at http://www.twitter.com/VDCConference. WHEN: The VDC Conference webcast will begin at 9:30 a.m. PT / 12:30 p.m. ET on Tuesday, July 28, 2009, live from The Fairmont San Jose. BACKGROUND: The VDC Conference will provide mobile applications developers with an overview of the company's overall strategy around applications; information on a new developer portal; and the process of submitting, launching and revenue sharing for applications on Verizon Wireless devices as well as the upcoming launch of an applications store. Technical, marketing and network information will be addressed by Verizon Wireless leaders and other partners. About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving 87.7 million customers. Headquartered in Basking Ridge, N.J., with more than 87,000 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: Jeffrey Nelson of Verizon Wireless, +1-917-968-9175 (mobile),
Jeffrey.Nelson@verizonwireless.com; or Debra Lewis of Verizon Wireless,
+1-917-848-0035 (mobile), Debra.Lewis@verizonwireless.com

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

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

Dot Hill Announces Second Quarter 2009 Conference Call Information

CARLSBAD, Calif., July 27 /PRNewswire-FirstCall/ -- Dot Hill Systems Corp. today announced it is scheduled to release second quarter 2009 financial results after the close of the market on August 10, 2009.

Dot Hill's second quarter 2009 financial results conference call is scheduled to take place on August 10, 2009 at 4:30 p.m. ET. Please join us for a live audio webcast at http://www.dothill.com/ in the Investor Relations section. If you prefer to join via telephone, please dial 877-440-5785 (U.S.) or 719-325-4848 (International) at least five minutes prior to the start of the call. A replay of the webcast is scheduled to be available on the Dot Hill web site following the conference call. For a telephone replay, dial 888-203-1112 (U.S.) or 719-457-0820 (International) and enter passcode 4536372.

Delivering innovative technology and global support, Dot Hill empowers the OEM community to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Carlsbad, Calif., Dot Hill has offices and/or representatives in China, Germany, Japan, United Kingdom and the United States.

HILL-F

Dot Hill Systems Corp.

CONTACT: Hanif Jamal, Chief Financial Officer of Dot Hill Systems Corp.,
+1-760-931-5500, investors@dothill.com

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

New Holstein, Wis., Residents to Benefit From Verizon Wireless Network EnhancementNew Cell Site Means Clearer Reception, Fewer Dropped Calls

NEW HOLSTEIN, Wis., July 27 /PRNewswire/ -- Verizon Wireless has activated a new cell site in New Holstein that expands network coverage, enabling more customers in Calumet County to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.

The new cell site, which is equipped with a permanent backup generator for times of emergency, expands Verizon Wireless' voice and data network in New Holstein from U.S. Highway 151 south to Kiel Road, west to County Highway G and east to State Highway 67.

"This network expansion reflects our ongoing commitment to meet the growing needs of our customers and to provide them with the reliable, high-quality service they expect from Verizon Wireless," said T.J. Fox, president-Wisconsin/Illinois Region, Verizon Wireless.

"The value we offer our customers is closely tied to our industry-leading customer retention," Fox said. "Wireless consumers today understand that value is not defined by price alone. A major reason our customers choose Verizon Wireless and stay with us is because we offer the nation's most reliable network."

The new cell site in New Holstein is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Wisconsin and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed--$5.5 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. More than $277.4 million of this investment was spent in Wisconsin, including more than $55 million in 2008.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 86.6 million customers. Headquartered in Basking Ridge, N.J., with more than 86,000 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: Carolyn A. Schamberger, APR of Verizon Wireless,
+1-847-619-4282, carolyn.schamberger1@verizonwireless.com; or Dana Carpenter,
+1-414-291-0912, ext. 111, dana@corecreative.com, for Verizon Wireless

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

Everything Channel Names the 2009 CRN ContendersList Highlights the Technology Vendors That Solution Providers Choose As Alternatives to the Market Leaders

FRAMINGHAM, Mass., July 27 /PRNewswire-FirstCall/ -- Everything Channel, a division of United Business Media, today announced the 2009 CRN Contenders. The list highlights the technology vendors that Solution Providers choose as alternatives to the market leaders.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090727/NY52338 )

Solution providers, who act as trusted technology advisors for businesses, actively seek contenders to their primary vendors because alternative vendors drive technology innovation and often provide better product performance and price performance. Everything Channel research shows that 80 percent of the time the solution provider controls the technology product brand choice.

"According to our research, 98 percent of Solution Providers currently sell and recommend alternative technology brands to their customers. Solution Providers are always in search of the best way to satisfy their customers' technology services needs. Our study illustrates the wide range of choices that exist in the market today. We congratulate all the vendors identified in the study," said Robert C. DeMarzo, Editorial Director, Senior Vice President, Everything Channel.

The 2009 CRN Contenders, include: -- Data Networking - CISCO (EXCLUDING LINKSYS) -- Data Protection Software - SYMANTEC/VERITAS -- Displays/Monitors (Under 30") - VIEWSONIC -- External Storage Devices - WESTERN DIGITAL -- High End Work Group Color Laser Printers - HP -- Laptops/Mobile Computers - HP -- Network Storage (SAN/NAS) - HP -- Security (Hardware) - CISCO (EXCLUDING LINKSYS) -- Security (Software) - SYMANTEC -- Servers - HP -- Server Virtualization - VMWARE -- UPS - APC -- VoIP - CISCO (EXCLUDING LINKSYS) -- Wireless Networking - LINKSYS

Everything Channel's intelligence team designed and fielded a web-based quantitative study with its subscriber database.

The complete listing of the 2009 CRN Contenders and a comprehensive editorial package is featured at http://www.channelweb.com/.

Everything Channel (http://www.everythingchannel.com/, http://www.channelweb.com/)

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

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

UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization 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 organized 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.

Contact Maureen Park Everything Channel 516.562.5942 mpark@everythingchannel.com

Photo: http://www.newscom.com/cgi-bin/prnh/20090727/NY52338
PRN Photo Desk, photodesk@prnewswire.com Everything Channel

CONTACT: Maureen Park of Everything Channel, +1-516-562-5942,
mpark@everythingchannel.com

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

Japan Fair Trade Commission Issues Draft Order to Qualcomm

SAN DIEGO, July 27 /PRNewswire-FirstCall/ -- Qualcomm Incorporated confirmed that it received a draft order from the Japan Fair Trade Commission (JFTC) today. We are unable to comment in detail until we have the opportunity to review a full translation. However, it appears that the draft is directed at common, industry-standard licensing terms that are in fact pro-competitive and were the subject of intense negotiations with very substantial Japanese companies. It is important to note that Qualcomm has never seen any of the evidence upon which the JFTC may be relying and has not, until today, even been aware of many of the allegations. Therefore, we have not yet had the opportunity to respond. Qualcomm has been informed that it will have the right to file a written response before a final decision is rendered, and intends to do so.

Regarding Forward Looking Statements

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully defend against the claims set forth by the JFTC, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 28, 2008, and most recent Form 10-Q.

Qualcomm Incorporated (http://www.qualcomm.com/) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2009 FORTUNE 500 company traded on The Nasdaq Stock Market under the ticker symbol QCOM.

Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

Qualcomm Contacts: Christine Trimble, Public Affairs Phone: 1-858-845-5959 Email: corpcomm@qualcomm.com John Gilbert, Investor Relations Phone: 1-858-658-4813 Email: ir@qualcomm.com

Qualcomm Incorporated

CONTACT: Christine Trimble, Public Affairs, +1-858-845-5959,
corpcomm@qualcomm.com, or John Gilbert, Investor Relations, +1-858-658-4813,
ir@qualcomm.com, both of Qualcomm

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

Verizon Broadband Better Than Ever With Free Wi-FiMillions of High Speed Internet and FiOS Users Now Provided Access to Thousands of on-the-go, Wi-Fi Hot Spots Across the U.S.

NEW YORK, July 27 /PRNewswire/ -- Verizon continues to enhance its broadband service capabilities for consumers to offer competitive advantages over rival communication providers.

Since the beginning of the year, Verizon has introduced faster downstream and unprecedented upstream speeds for its all-fiber-optic FiOS Internet service; expanded the reach of its digital subscriber line-based Verizon High Speed Internet (HSI) service; and started offering mini netbook computers to customers as part of select bundle promotions.

And starting Monday (July 27), the company will expand Internet connection capabilities for millions of Verizon broadband customers by providing them free access to thousands of Wi-Fi connections across the U.S., reflecting the company's sharp focus on developing and deploying broadband and entertainment services.

"Wherever they go - across town or across the country -- Internet users today want the freedom and flexibility of staying connected online whenever they want," said Mike Ritter, chief marketing officer for Verizon Telecom. "In addition to providing in-home broadband networks and the nation's most reliable 3G wireless network, we're now offering even more connections with fast, free Wi-Fi that customers can use in their local communities and when traveling across the country."

New Verizon FiOS Internet customers who order an up-to- 25/15 Mbps* (megabits per second) or faster connection, or new HSI customers who order an up-to- 3 Mbps/768 Kbps* (kilobits per second) or up-to- 7.1 Mbps/768 Kbps* connection, can connect to the new Verizon Wi-Fi hot spots, at no additional charge as part of their broadband service.

The new Wi-Fi service is also available free of charge for existing FiOS Internet customers with up-to-20 Mbps or faster packages and existing HSI customers who have either an up-to-3 Mbps or up-to- 7.1 Mbps package.

Free Verizon Wi-Fi hot spot locations include hotels, airports, restaurants, coffee shops, retailers, convention centers and public locations across the U.S. For a list of hot spot locations, visit http://www.verizon.net/hotspots.

"Our new free Wi-Fi connections are an ideal complement to our current netbook promotion that really enhances the value and functionality of the netbook," said Ritter. "We're making it more enticing for customers to want to use Verizon broadband services by giving them the mobility tools they need to stay connected more often and in more places."

Wi-Fi Access Made Easy For Verizon Broadband Customers

Qualifying FiOS Internet and HSI customers can log on to http://www.verizon.net/ and use their Verizon username and password to download software for free Wi-Fi access at the Verizon hot spots.

Verizon broadband services are available to more than 25 million homes in parts of 24 states and the District of Columbia.

FiOS Internet and HSI also provide a gateway to other valuable Verizon services, including Verizon Internet Security Suite, Verizon Online Backup & Sharing and Premium Technical Support.

* Internet speeds refer to the connection speed between the user's location and Verizon's central office. Actual surfing speeds will vary based on many factors and be lower than connection speed.

Verizon Communications Inc. , headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 87 million customers nationwide. Verizon's Wireline operations provide converged communications, information and entertainment services over the nation's most advanced fiber-optic network. Wireline also includes Verizon Business, which delivers innovative and seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of more than 235,000 and last year generated consolidated operating revenues of more than $97 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Eric Rabe, +1-908-559-3500, eric.rabe@verizon.com; or Bill
Kula, APR, +1-972-718-6924, william.kula@verizon.com

Web Site: http://www.verizon.net/hotspots
http://www.verizon.net/

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

IBM Fellow Stuart Parkin Wins IUPAP Magnetism Award and Neel MedalHonors recognize outstanding contributions to emerging technologies

KARLSRUHE, Germany and SAN JOSE, Calif., July 27 /PRNewswire-FirstCall/ -- At the International Conference on Magnetism today in Karlsruhe, Germany, IBM Fellow Stuart Parkin received the International Union of Pure and Applied Physics Magnetism award and the Louis Neel Medal for his pioneering work and fundamental contributions to the development of spintronic nano-materials and nano-devices for magnetic sensing, memory and logic devices.

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The IUPAP Magnetism Award and Neel Medal are presented every three years to a scientist who has made an outstanding contribution to the field of magnetism. The award winner is selected by a committee composed of the members of the IUPAP International Commission on Magnetism (C9), together with past recipients of the award.

The Neel medal, established in 1993 in recognition of the scientific achievements of Louis Eugene Felix Neel, who shared the 1970 Nobel Prize in Physics for his fundamental research and discoveries concerning antiferromagnetism, recognizes outstanding achievements in the fertilization of the earth sciences by the transfer and application of fundamental theory and/or experimental techniques of solid state physics.

Most recently, Dr. Parkin's focus has been on his latest invention, IBM Racetrack Memory, an entirely new way to store digital information that could lead to computer memory that combines the high performance and reliability of flash memory with the low cost and high capacity of the hard disk drive.

IBM's Racetrack Memory technology, so named because the data "races" around a nano-wire "track," is the latest evolution in the field of spintronics, which uses the spin, rather than the charge, of an electron to create electronic devices. Within the next ten years, the technology could lead to solid state electronic devices - with no mechanical moving parts, which should therefore make it more durable - capable of holding far more data in the same amount of space than is possible today.

For example, this technology could enable a handheld device such as an MP3 player to store around 500,000 songs or around 3,500 movies - 100 times more than is possible today - in the same space with lower cost, lower power consumption, and higher durability. The result: massive amounts of personal storage that could run on a single battery for weeks at a time and could possibly last for decades.

For more information about IBM Research, please visit http://www.ibm.com/research.

Contact: Sara Delekta Galligan IBM Media Relations 408-927-2272 sdelekta@us.ibm.com

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PRN Photo Desk, photodesk@prnewswire.com IBM

CONTACT: Sara Delekta Galligan of IBM Media Relations, +1-408-927-2272,
sdelekta@us.ibm.com

Web Site: http://www.ibm.com/research

Trapeze Networks and TESSCO Technologies Announce Distribution Alliance

PLEASANTON, California, July 27 /PRNewswire/ --

- New Agreement to Expand Trapeze Networks' Reach to More Than 100 Countries

Trapeze Networks (NYSE: BDC), a leader in enterprise wireless LAN equipment and management software, and TESSCO Technologies Incorporated (http://www.tessco.com/) (Nasdaq: TESS), a value-added provider of the product and supply chain solutions needed to design, build, run, maintain and use wireless systems, today announced that Trapeze's leading WLAN products and solutions will now be available through TESSCO's distribution channels.

TESSCO customers can now take advantage of Trapeze's broad range of MX controllers to meet the needs of any-sized WLAN, models for which address the broadest range of deployments, from corporate data centers, to branch offices. Additional products include, but are not limited to, grated waveguide bridge kits to support and protect cable spans between towers and shelters, as well as SmartPass, a software tool that provides IT managers with full control over client access to the WLAN, enabling them to fine tune access and authorization on the WLAN to an extent never before possible.

This is a particular honor for Trapeze because TESSCO has a proven record for providing many value-added benefits to both customers and manufacturers; in recent years, TESSCO has been awarded numerous Distributor of the Year awards, as well prestigious honors for the Company's mastery of merchandising, creativity, innovation, and marketing execution.

"TESSCO has done more to educate businesses about wireless than any other company in the world," said Ray Glynn, vice president of channel sales at Trapeze. "To be chosen by TESSCO means that your company is the best of the best."

"This is an exciting announcement for TESSCO as we broaden and enhance our WLAN offering to the wireless industry, and we expect our relationship with Trapeze to enable us to further strengthen our position in the indoor wireless market," said Jerry Garland, senior vice president of solutions development and product management at TESSCO.

About TESSCO

TESSCO Technologies (http://www.tessco.com/) (Nasdaq: TESS) is a value-added provider of the product solutions needed to design, build, run, maintain and use wireless systems. TESSCO is committed to delivering, fast and complete, the product needs of wireless system operators, program managers, contractors, resellers, and self-maintained utility, transportation, enterprise and government organizations. As Your Total Source(R) provider of mobile and fixed-wireless network infrastructure products, mobile devices and accessories, and installation, test and maintenance equipment and supplies, TESSCO assures customers of on-time availability, while streamlining their supply chain process and lowering inventories and total costs. To learn more, please visit TESSCO.com.

About Trapeze Networks

Trapeze Networks, a Belden Brand, is a leader in enterprise wireless LAN equipment and management software. Trapeze was the first company to introduce NonStop Wireless - delivering unmatched reliability to the enterprise wireless LAN and its solutions are optimized for companies requiring mobility and high bandwidth such as healthcare, education and hospitality. Trapeze delivers Smart Mobile(TM) providing scalable wireless LANs for applications such as Voice over Wi-Fi, location services, and indoor/outdoor connectivity.

Trapeze Networks

Brian D. Johnson of Trapeze Networks +1-925-337-8911, bjohnson@trapezenetworks.com; or Jamie Holloway of TESSCO Technologies, +1-410-229-1123, hollowayj@tessco.com

CIBER Expands Successful Outsourcing Partnership With RCM

SAN FRANCISCO, July 27 /PRNewswire-FirstCall/ -- CIBER, Inc. announced another successful project completed for RCM Capital Management in San Francisco, the latest in a series of technology and business process implementations and upgrades to enhance RCM's ability to respond to the market. The latest project, implemented for the RCM front office staff, converted a Java-based application to the .Net framework and was completed on schedule with a hybrid team of onsite and offshore developers based in San Francisco and Bangalore, India.

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RCM Capital Management is a global asset manager managing $72 billion in assets and is part of Allianz Global Investors. RCM has offices in London, Frankfurt, Hong Kong, Tokyo, Sydney and San Francisco. RCM has had a longstanding relationship with CIBER India (formerly Iteamic) that spans more than five years.

RCM has partnered with CIBER on a number of major initiatives including extensive implementation and conversion projects. One of the most significant was the implementation of Bloomberg POMS as a global trading platform used in all RCM offices globally. Another major success was the conversion of the RCM intranet from SharePoint 2003 to Microsoft Office SharePoint Server 2007.

"CIBER provides RCM with a flexible and scalable solution for resourcing and executing projects in a timely and cost effective manner using an onsite/offshore development model. Project successes have been achieved through the high quality expertise that CIBER has provided at the strategic, project management, technology and business analyst levels, and CIBER's capability to quickly adjust team strength and skill sets according to RCM project requirements," said Graeme Langlands, Head of RCM Enterprise Business Systems.

"CIBER is pleased to continue the relationship with RCM Capital Management that began with Iteamic, which was acquired by CIBER earlier this year. Our long-standing collaboration with RCM has produced many successful projects and we are very pleased with the latest results," said Margaret Goetze, Area Director for the CIBER office in San Francisco.

About CIBER, Inc.

CIBER, Inc. is a pure-play international system integration consultancy and outsourcing provider with superior value-priced services and reliable delivery for both private and government sector clients. CIBER's services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 40 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,500 employees and annual revenue of approximately $1.2 billion, CIBER and its IT specialists continuously build and upgrade clients' systems to "competitive advantage status." CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, the Reliable Global IT Services Partner. http://www.ciber.com/.

CIBER Forward-Looking and Cautionary Statements

Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc. Copyright 2009.

Photo: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com CIBER, Inc.

CONTACT: Robin Caputo, Media Relations of CIBER, Inc., +1-303-220-0100,
rcaputo@ciber.com

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

Trapeze Networks and TESSCO Technologies Announce Distribution AllianceNew Agreement to Expand Trapeze Networks' Reach to More Than 100 Countries

PLEASANTON, Calif., July 27 /PRNewswire/ -- Trapeze Networks , a leader in enterprise wireless LAN equipment and management software, and TESSCO Technologies Incorporated , a value-added provider of the product and supply chain solutions needed to design, build, run, maintain and use wireless systems, today announced that Trapeze's leading WLAN products and solutions will now be available through TESSCO's distribution channels.

TESSCO customers can now take advantage of Trapeze's broad range of MX controllers to meet the needs of any-sized WLAN, models for which address the broadest range of deployments, from corporate data centers, to branch offices. Additional products include, but are not limited to, grated waveguide bridge kits to support and protect cable spans between towers and shelters, as well as SmartPass, a software tool that provides IT managers with full control over client access to the WLAN, enabling them to fine tune access and authorization on the WLAN to an extent never before possible.

This is a particular honor for Trapeze because TESSCO has a proven record for providing many value-added benefits to both customers and manufacturers; in recent years, TESSCO has been awarded numerous Distributor of the Year awards, as well prestigious honors for the Company's mastery of merchandising, creativity, innovation, and marketing execution.

"TESSCO has done more to educate businesses about wireless than any other company in the world," said Ray Glynn, vice president of channel sales at Trapeze. "To be chosen by TESSCO means that your company is the best of the best."

"This is an exciting announcement for TESSCO as we broaden and enhance our WLAN offering to the wireless industry, and we expect our relationship with Trapeze to enable us to further strengthen our position in the indoor wireless market," said Jerry Garland, senior vice president of solutions development and product management at TESSCO.

About TESSCO

TESSCO Technologies is a value-added provider of the product solutions needed to design, build, run, maintain and use wireless systems. TESSCO is committed to delivering, fast and complete, the product needs of wireless system operators, program managers, contractors, resellers, and self-maintained utility, transportation, enterprise and government organizations. As Your Total Source provider of mobile and fixed-wireless network infrastructure products, mobile devices and accessories, and installation, test and maintenance equipment and supplies, TESSCO assures customers of on-time availability, while streamlining their supply chain process and lowering inventories and total costs. To learn more, please visit TESSCO.com.

About Trapeze Networks

Trapeze Networks, a Belden Brand, is a leader in enterprise wireless LAN equipment and management software. Trapeze was the first company to introduce NonStop Wireless - delivering unmatched reliability to the enterprise wireless LAN and its solutions are optimized for companies requiring mobility and high bandwidth such as healthcare, education and hospitality. Trapeze delivers Smart Mobile(TM) providing scalable wireless LANs for applications such as Voice over Wi-Fi, location services, and indoor/outdoor connectivity.

Trapeze Networks

CONTACT: Brian D. Johnson of Trapeze Networks +1-925-337-8911,
bjohnson@trapezenetworks.com; or Jamie Holloway of TESSCO Technologies,
+1-410-229-1123, hollowayj@tessco.com

Web Site: http://www.trapezenetworks.com/
http://www.tessco.com/

Microsoft Announces Upcoming Events with the Financial CommunityEvents with Microsoft leadership slated for August.

REDMOND, Wash., July 27 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced participation in the following upcoming events with the financial community. Interested parties can view a webcast of these events on Microsoft's Investor Relations Web site at http://www.microsoft.com/msft.

Oppenheimer Annual Communications, Technology & Internet Conference Tuesday, August 11, 2009 11:50 a.m. ET/8:50 a.m. PT Bill Koefoed, general manager, Investor Relations Pacific Crest Technology Leadership Forum Tuesday, August 11, 2009 10:30 a.m. MT/9:30 a.m. PT Brad Anderson, general manager, Management and Solutions Division Canaccord Adams Global Growth Conference Wednesday, August 12, 2009 3:30 p.m. ET/12:30 p.m. PT Bill Koefoed, general manager, Investor Relations

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

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PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: financial analysts and investors, Bill Koefoed, general
manager, Investor Relations of Microsoft, +1-425-706-3703; or press, Rapid
Response Team of Waggener Edstrom Worldwide, +1-503-443-7070,
rrt@waggeneredstrom.com

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

Photos: Emerson Unveils State-of-the-Art Global Data Center in St. LouisCompany invests $50 million in energy-efficient IT facility Emerson now home to Missouri's largest solar array Missouri governor, other dignitaries dedicate facility with 'Signing Ceremony'

ST. LOUIS, July 27 /PRNewswire-FirstCall/ -- Emerson officially opened the doors of its new state-of-the-art and energy-efficient global data center in St. Louis today and celebrated the milestone with a special ceremony featuring Missouri Gov. Jay Nixon and U.S. Rep. Roy Blunt.

To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/emerson/38899/

Once IT applications go live in August, the 35,000-square-foot global data center will be 31 percent more energy efficient than traditional data centers, thanks to the latest energy-efficiency technologies, precision cooling products, and recommended efficiency strategies from the company's Emerson Network Power business.

"One of Emerson's core business strategies is to deliver energy-efficiency solutions for businesses, data centers, and telecommunications networks," said David N. Farr, Emerson chairman, chief executive officer, and president. "When we embarked on the design and construction of our own data center, we knew we would have the opportunity to use the same Emerson technologies that we deliver to our customers. Our new data center is truly a showcase of what Emerson makes possible."

The data center features a 7,800-square-foot rooftop solar array - the largest in Missouri. The more than 550 solar panels can generate 100 kilowatts of energy, or enough to power the average American home for more than three days.

Emerson anticipates the center will have 99.982 percent uptime, which is critical for a company that has operations across more than 200 manufacturing locations around the world. In addition to energy efficiency, construction of the data center was completed with environmental responsibility in mind. Approximately 80 percent of the construction waste generated was diverted from landfills through recycling, and innovative design features enabled Emerson to save more than 2.5 miles of copper piping, minimizing the use of excess materials.

As a result, Emerson anticipates achieving LEED Gold certification from the U.S. Green Building Council - a rare certification level for data centers.

Farr and Stephen C. Hassell, Emerson vice president and chief information officer, led an opening ceremony at the new data center today along with Nixon, Blunt, and approximately 150 other attendees and Emerson employees. The event concluded with a "Solar Panel Signing Ceremony" in which Farr and Hassell and the public officials signed their names to a solar panel that will be displayed as a dedication plaque inside the data center.

Emerson invested $50 million in the facility and IT equipment - a significant local investment by the St. Louis region's largest public company. Emerson chose its Ferguson, Mo., campus as the location of its new data center not only for the proximity to its global headquarters but also because of the many benefits the Midwest - and St. Louis specifically - has to offer.

"The St. Louis region has become a center for science, technology, and innovation," Hassell said. "Combined with the Midwest's plentiful and cost-efficient real estate, electrical power, and telecommunications networks, there's no place like home for building a global data center."

Hassell and his Emerson team are currently overseeing the consolidation of more than 100 Emerson data centers around the world to just four. Two are completed - in St. Louis and Marshalltown, Iowa. The other two will be located in Europe and Asia.

"Emerson's high-tech data center is an example of the type of cutting-edge, next-generation investments that will make Missouri a leader in the 21st-century economy," Nixon said. "Missouri and Emerson have had a long and successful relationship, and we look forward to continuing our work with Emerson in the years to come."

About Emerson

Emerson , based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2008 were $24.8 billion, and Emerson is ranked 94th on the Fortune 500 list of America's largest companies. For more information, visit http://www.emerson.com/.

Editor's Note: To learn and see more about Emerson's new global data center in St. Louis, watch this (video).

Video: http://www.prnewswire.com/mnr/emerson/38899 Emerson

CONTACT: Mike Slatin, +1-314-982-8661, slatinm@fleishman.com, for
Emerson

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

ARM, Chartered, IBM, Samsung, and Synopsys Collaborate to Deliver Vertically Optimized Solution for 32/28nm Mobile SoC DesignsCompanies combine low-power processor architecture, integrated design flow, and system-level IP on Common Platform foundry process

SAN FRANCISCO, July 27 /PRNewswire-FirstCall/ -- In a move that addresses fundamental challenges in creating advanced systems-on-chips (SoCs), ARM [; ], Chartered Semiconductor Manufacturing Ltd. , IBM , Samsung Electronics, Co., Ltd., and Synopsys, Inc. today announced at the Design Automation Conference (DAC) an agreement to develop a comprehensive technology enablement solution for the design and manufacture of mobile Internet-optimized devices. The objective of this collaboration is to leverage innovations in material science, mobile multimedia implementation and SoC design to lower risk and improve time-to-market for advanced mobile products.

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This complete design chain collaboration of technology leaders intends to integrate the following components:

-- ARM high-performance, low-power processor architecture for mobile applications, and optimized suite of physical intellectual property (physical IP) -- 32/28-nanometer (nm) low-power/low-leakage, high-k metal-gate (HKMG) synchronized foundry services through the Common Platform manufacturing alliance of IBM, Chartered and Samsung -- Synopsys Lynx Design System, including Galaxy(TM) Implementation Platform for SoC implementation, as well as DesignWare connectivity IP

As semiconductor technology approaches fundamental physical limits and design complexity reaches unprecedented levels, a deeper type of technical alignment is essential. Going beyond an existing track record of successful cooperation at previous nodes, this agreement among ARM, the Common Platform companies, and Synopsys represents a new level of collaboration necessary to address the cost and technical challenges associated with advanced SoC design and manufacturing. This initiative aligns strategy, technology roadmaps and customer deliveries.

"The Common Platform alliance's expanded engagement approach with ARM, and now Synopsys, means working more closely together with earlier access to each other's technology innovations, integrating and optimizing our capabilities for clients," said Michael J. Cadigan, general manager, IBM Microelectronics Division, on behalf of the Common Platform alliance companies. "The benefits are clear and differentiated: lower risk, lower cost and faster time-to-market."

Combination of Strengths

Each company brings unique technology and expertise that, when combined through joint collaboration, creates an optimized solution not available from other sources.

ARM brings a robust portfolio of logic, memory and interface IP, as well as its widely adopted Cortex(TM) processor family that is used in a broad array of mobile applications. ARM Physical IP optimized for the Common Platform 32/28nm process delivers valuable low-power and system cost benefits. The intention of this agreement is to ensure the IP is fully optimized with the Synopsys design flow.

"The complexity of advanced manufacturing process technology requires a tight connection between the physical IP, processor cores and EDA methodology," said Warren East, CEO, ARM. "Early collaboration between these leading companies will significantly improve the performance, power and area achievable by our partners and deliver increased value to the end products."

Synopsys brings a suite of tool components from its Galaxy Implementation Platform, Lynx Design System and DesignWare connectivity IP providing the foundation of the solutions design flow. By tuning the automated front-to-back flow to run on Common Platform technology with ARM processor and physical IP, the flow is aimed at delivering a streamlined implementation path that can reduce the total cost of developing an optimized SoC, while helping speed time-to-market and reduce risk.

"This unique ARM-Synopsys-Common Platform collaboration can alleviate costs and risks by harnessing the leading players in silicon technology, IP, tools and flow enablement to integrate and optimize the path from software to silicon," said Aart de Geus, chairman and CEO of Synopsys. "Through this alignment, we plan to deliver early 32/28 nanometer tool and IP enablement, plus a complete, vertically optimized design solution based on the Synopsys Lynx Design System to provide customers the lowest cost of design and fastest time-to-market for next-generation mobile SoC designs."

The Common Platform 32/28nm process uses an innovative high-k metal-gate (HKMG) approach to address the limitations of polysilicon technology. It leverages the research and development efforts of the IBM joint technology development alliance to offer a high-performance, low-power manufacturing platform. The process offering is available with synchronized foundry services from all three Common Platform companies, ensuring customer freedom of choice and maximum sourcing flexibility.

The collaborative effort began a year ago. Initial 32nm low-power tool and IP enablement has been released and a steady stream of early customer deliverables is targeted in the coming months. Supporting physical and processor IP, connectivity IP, process design kits and tools will be available from their respective suppliers. Demonstrations of the technology based on initial test chips will be shown at the 2009 DAC in the ARM-Common Platform-Synopsys "Innovation Optimized" exhibit (booth #1114).

About ARM

ARM designs the technology that lies at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM's comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, video engines, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools. Combined with comprehensive design services, training, support and maintenance, and the company's broad Partner community, they provide a total system solution that offers a fast, reliable path to market for leading electronics companies. More information on ARM is available at http://www.arm.com/

About the Common Platform

IBM, Chartered Semiconductor Manufacturing and Samsung Electronics have forged a unique manufacturing collaboration, featuring 28nm, 32nm, 45nm, 65nm and 90nm process technologies. By combining the expertise and research resources of all three companies and leveraging advances such as high-k metal gate technology, 193nm immersion lithography and ultralow-k dielectrics, the Common Platform(TM) technology collaboration is able to accelerate the availability of leading-edge technology to foundry customers. The Common Platform model is supported by a comprehensive design-enablement ecosystem, enabling foundry customers to easily source their chip designs to multiple 300mm foundries with minimal design work and with unprecedented flexibility and choice. More information is available at http://commonplatform.com/

About Chartered

Chartered Semiconductor Manufacturing Ltd. , one of the world's top dedicated semiconductor foundries, offers leading-edge technologies down to 40/45 nanometer (nm), enabling today's system-on-chip designs. The company further serves its customers' needs through a collaborative, joint development approach on a technology roadmap that extends to 22nm. Chartered's strategy is based on open and comprehensive design enablement solutions, manufacturing enhancement strategies, and a commitment to flexible sourcing. In Singapore, the company owns or has an interest in six fabrication facilities, including a 300mm fabrication facility and five 200mm facilities. Information about Chartered can be found at http://www.charteredsemi.com/

About IBM For additional information, visit http://www.ibm.com/. About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices in 61 countries, the company consists of four main business units: Digital Media Business, LCD Business, Semiconductor Business, and Telecommunication Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit http://www.samsung.com/.

About Synopsys

Synopsys, Inc. is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design, verification and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, software-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 65 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com/.

Media Contacts: Erik Ploof ARM 425-880-6033 Erik.Ploof@arm.com Tiffany Sparks Chartered Semiconductor Manufacturing 408-941-1185 tiffanys@charteredsemi.com Jeff Couture IBM 802-769-2483 jcouture@us.ibm.com Lisa Warren-Plungy Samsung Semiconductor 408-544-5377 lwarrenplungy@ssi.samsung.com Sheryl Gulizia Synopsys, Inc. 650-584-8635 sgulizia@synopsys.com

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PRN Photo Desk, photodesk@prnewswire.com IBM

CONTACT: Erik Ploof, ARM, +1-425-880-6033, Erik.Ploof@arm.com; or
Tiffany Sparks, Chartered Semiconductor Manufacturing, +1-408-941-1185,
tiffanys@charteredsemi.com; or Jeff Couture, IBM, +1-802-769-2483,
jcouture@us.ibm.com; or Lisa Warren-Plungy, Samsung Semiconductor,
+1-408-544-5377, lwarrenplungy@ssi.samsung.com; or Sheryl Gulizia, Synopsys,
Inc., +1-650-584-8635, sgulizia@synopsys.com

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

Panasonic LUMIX Features World's First 0.3mm Thin Aspherical Lens*, Making Super-Slim Digital CameraNew Compact LUMIX DMC-ZR1 Digital Camera Packs 25mm Ultra-Wide-Angle, 8x Optical Zoom Lens** Into Ultra-Slim Design

SECAUCUS, N.J., July 27 /PRNewswire-FirstCall/ -- Today, Panasonic introduced the new LUMIX DMC-ZR1 digital camera, featuring the world's first 0.3mm thin aspherical lens*, allowing for a compact body that still features a powerful, 25mm ultra-wide-angle, 8x optical zoom** LEICA DC VARIO-ELMAR lens. Known for its long-zoom, yet compact digital cameras, Panasonic's newest ZR1 compact digital camera gives consumers increased flexibility.

"The ZR1 answers the call of consumers looking for a truly pocketable digital camera, while still featuring a zoom more powerful than typical compact cameras," said David Briganti, Senior Product Manager, Imaging, Panasonic Consumer Electronics Company. "We know consumers want to catch every shooting opportunity, and with the ZR1, this is possible through unique features such as the ultra-wide-angle lens and Panasonic's popular iA Mode."

With a zoom range of 25-200mm, the ZR1 allows for both expansive scenery photos as well as close-ups. This powerful zoom also works during video recording. The 12.1-megapixel resolution allows photos to be greatly enlarged while still retaining outstanding detail.

Another key feature of the ZR1 is its fast, high-speed Auto Focus (AF). This, combined with a high-speed start-up of only 1.1 second, helps the ZR1 to catch even the quick action shots. Making this camera even more versatile and easy-to-use, the ZR1 has a 2.7-inch Intelligent LCD, and a powerful battery life with the highly energy-efficient image processing LSI -- Venus Engine V*** -- which takes approximately 330 pictures during a single charge. As found in all Panasonic LUMIX cameras, the ZR1 features Intelligent Auto (iA) Mode, now with POWER Optical Image Stabilizer (O.I.S.), which features double the repression power, compared to MEGA O.I.S., the previous image stabilization system, to help capture blur-free images.

Other features of the DMC-ZR1 include: -- Additional Intelligent Auto (iA) Mode Features -- Hand-Shake Component -- Answers the problem of natural hand-shaking that goes along with pressing the shutter button. -- Face Recognition -- Up to six faces can be registered, and up to three can be simultaneously recognized to show their names once registered. -- Travel Mode -- Users can quickly organize information related to travel, including destination, date and time. Playback of these photos is just as easy, by designating the date or period of travel on the calendar menu interface. -- High Dynamic Mode -- Helps to capture a scene with moderate exposure even when the scene may contain both bright and dark areas. -- PHOTOfunSTUDIO 4.0 -- Included software allows the user to view, edit and archive captured photos and videos. It features dramatic speed-up of operation and also allows users to store and sort photos by a specific, recognized face in the image.

The LUMIX DMC-ZR1 will have a suggested retail price of $279.95 and will be available in September 2009 in black, red, blue, and silver.

* For digital still cameras ** 35mm film camera equivalent: 25-200mm *** Based on a CIPA standard

*Recognition performance varies greatly depending on shooting conditions, i.e., according to factors such as angles, facial expression and lighting, so operation under all conditions cannot be guaranteed. Because the camera searches for faces that are similar to registered faces, there are cases where the faces are not correctly recognized when the registered image and the shooting image vary significantly. When facial characteristics are similar, particularly between parents and their children or brothers and sisters, the camera may not distinguish the faces.

*Dynamic tracking function may fail to lock, lose the subject in AF Tracking, or track different subjects depending on the recording conditions.

*Leica is a registered trademark of Leica Microsystems IR GmbH.

*The LEICA DC VARIO-ELMAR lenses are manufactured using measurement instruments and quality assurance systems that have been certified by Leica Camera AG based on the company's quality standards.

*All other company and product names are trademarks of their respective corporations.

*This unit is compatible with both SD Memory Cards and SDHC Memory Cards. You can only use SDHC Memory Cards on devices that are compatible with them. You cannot use SDHC Memory Cards on devices that are only compatible with SD Memory Cards. (When using a SDHC Memory Card on another device, be sure to read the operating instructions for that device.)

*Some accessories are not available in some countries.

*The use of recorded or printed materials that are protected by copyright for any purpose other than personal enjoyment is prohibited, as it would infringe upon the rights of the copyright holder.

*Design and specifications are subject to change without notice. About Panasonic Consumer Electronics Company

Based in Secaucus, N.J., Panasonic Consumer Electronics Company is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. In its commitment to provide consumers with extensive imaging resources, Panasonic LUMIX established the Digital Photo Academy, a series of nationwide workshops designed to instruct consumers how to optimize the features on their digital cameras and produce high-quality photos. Panasonic is honored to support OUR PLACE -- The World's Heritage, a project that will create the world's largest photographic collection of UNESCO World Heritage sites, with acclaimed photographers exclusively using LUMIX digital cameras to capture all images.

Panasonic

CONTACT: MeeJin Annan-Brady of Panasonic, +1-201-392-6124,
annan-bradym@us.panasonic.com; or Blayne Murphy of Cohn & Wolfe,
+1-212-798-9763, blayne.murphy@cohnwolfe.com

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

New Panasonic LUMIX, 18x Optical Superzoom Digital Camera Features High Definition Video RecordingLUMIX DMC-FZ35 Features New POWER O.I.S. and HD Motion Zoom Video Capture

SECAUCUS, N.J., July 27 /PRNewswire-FirstCall/ -- Today, Panasonic announced the new LUMIX DMC-FZ35, a digital camera featuring AVCHD Lite, High Definition (HD) video recording capability, combined with a powerful 27mm wide-angle, 18x optical zoom LEICA DC lens. A successor to the popular FZ28, the FZ35 packs enhanced creative features combined with the power to shoot HD videos, including motion zoom capabilities to take full advantage of the 18x zoom. The operational layout of the FZ35 includes a dedicated video record button, making it a true hybrid -- a single model that performs seamlessly at capturing both still and motion images -- while still providing smooth and easy operation in either mode.

"The LUMIX FZ35 is truly unique as it includes advanced features like HD video recording, but still resembles and functions like an intuitive point-and-shoot with the ability to capture beautiful photos and video," said David Briganti, Senior Product Manager, Imaging, Panasonic Consumer Electronics Company. "This model's versatility makes it a great choice for a new or advanced user who wants a hybrid device that shoots high-quality still and motion images."

For users looking for increased creativity while shooting both video and still images, the LUMIX FZ35 delivers. New manual controls and creative options, include:

-- Creative Movie Mode - Allows the user to set the shutter speed and aperture manually to make even more impressive movies. Changing the shutter speed brings special effects to movies, which is especially suitable for shooting fast-moving subjects. The ability to control the aperture is convenient when there are several subjects at different distances. -- My Color Mode - This special option gives free reign to the user's creativity. The color, brightness and saturation parameters can be freely adjusted while seeing how the adjustments affect the picture, live on the monitor. -- High Dynamic Mode - Helps to capture a scene with moderate exposure even though the scene may contain both bright and dark areas.

The 12.1 mega pixel-FZ35 features the upgraded POWER Optical Image Stabilizer (O.I.S.), which allows for double the repression power compared to the conventional image stabilization system, MEGA O.I.S., and ultra high-speed Auto Focus (AF) for capturing action scenes as they happen. Additionally, with the super-powerful 18x optical zoom lens, it is easy to capture subjects that are far away or take dramatic close-ups.

With the enhanced energy-efficient image processing LSI - the Venus Engine HD* - the FZ35 has an extended battery life of approximately 470 pictures, making it the ideal choice for active photo enthusiasts. As with all Panasonic LUMIX cameras, the FZ35 features Intelligent Auto (iA) Mode, a suite of intuitive technologies including Face Detection, Intelligent Scene Selector, Intelligent Exposure and Face Recognition. With the improved Face Recognition, the FZ35 recognizes up to three faces simultaneously while taking photos** and allows users to specify the age of the registered subject. When babies under 3 years-old are registered, the camera will automatically switch to Baby mode if the baby appears to be in the frame.

The LUMIX DMC-FZ35 will have a suggested retail price of $399.99 and will be available in September 2009 in black.

*Based on a CIPA standard.

**Turn Face Recognition item ON and register the person with full-face portrait on the shooting menu in advance.

*Recognition performance varies greatly depending on shooting conditions, i.e., according to factors such as angles, facial expression and lighting, so operation under all conditions cannot be guaranteed. Because the camera searches for faces that are similar to registered faces, there are cases where the faces are not correctly recognized when the registered image and the shooting image varies significantly. When facial characteristics are similar, particularly between parents and their children or brothers and sisters, the camera may not distinguish the faces.

*Dynamic tracking function may fail to lock, lose the subject in AF Tracking, or track different subjects depending on the recording conditions.

*Leica is a registered trademark of Leica Microsystems IR GmbH.

*The LEICA DC VARIO-ELMARIT lenses are manufactured using measurement instruments and quality assurance systems that have been certified by Leica Camera AG based on the company's quality standards.

* "AVCHD" is a high definition (HD) digital video recording / playback format jointly established by Panasonic Corporation and Sony Corporation. "AVCHD Lite" is a subset of the "AVCHD format" for HD digital video cameras with HD video recording restricted to 720P. The new "AVCHD Lite" Logo and the "AVCHD Lite" License are restricted to devices within the AVCHD Video Camera category. Digital cameras have been added to the AVCHD Video Camera category.

*The "AVCHD Lite" and the "AVCHD Lite" logo are trademarks of Panasonic Corporation and Sony Corporation.

*AVCHD Lite motion images recorded onto an SD Memory Card or a DVD disc cannot be played from a device that does not support the AVCHD standard.

*All other company and product names are trademarks of their respective corporations.

*This unit is compatible with both SD Memory Cards and SDHC Memory Cards. You can only use SDHC Memory Cards on devices that are compatible with them. You cannot use SDHC Memory Cards on devices that are only compatible with SD Memory Cards. (When using a SDHC Memory Card on another device, be sure to read the operating instructions for that device.)

*Some accessories are not available in some countries.

*The use of recorded or printed materials that are protected by copyright for any purpose other than personal enjoyment is prohibited, as it would infringe upon the rights of the copyright holder.

*Design and specifications are subject to change without notice. About Panasonic Consumer Electronics Company

Based in Secaucus, N.J., Panasonic Consumer Electronics Company is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. In its commitment to provide consumers with extensive imaging resources, Panasonic LUMIX established the Digital Photo Academy, a series of nationwide workshops designed to instruct consumers how to optimize the features on their digital cameras and produce high-quality photos. Panasonic is honored to support OUR PLACE - The World's Heritage, a project that will create the world's largest photographic collection of UNESCO World Heritage sites, with acclaimed photographers exclusively using LUMIX digital cameras to capture all images.

Panasonic

CONTACT: MeeJin Annan-Brady of Panasonic , +1-201-392-6124,
annan-bradym@us.panasonic.com; or Blayne Murphy of Cohn & Wolfe,
+1-212-798-9763, blayne.murphy@cohnwolfe.com

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

Panasonic Introduces New LUMIX Digital Camera Series With an Eye on Stylish Design and FunctionalityNew LUMIX FP8 has a 28mm wide-angle lens, 4.6x optical zoom, and records High Definition video

SECAUCUS, N.J., July 27 /PRNewswire-FirstCall/ -- Today, Panasonic announced the new LUMIX DMC-FP8 digital camera as part of its new FP-Series, which pursues excellence in both design and function. The LUMIX FP8, with 12.1 megapixels, features a high-quality 28mm wide-angle, 4.6x Leica DC lens with folding optics* - encased in a futuristic-looking stylish body.

In addition to its unique design, the FP8 also features advanced functions including high-speed Auto Focus (AF) and Panasonic's Intelligent Auto (iA) suite of technologies. With a fast AF, combined with a high-speed start-up of only 0.95 seconds, the FP8's fast response catches even the most fleeting shots. Panasonic's iA, a popular feature on LUMIX cameras, now includes POWER Optical Image Stabilization (O.I.S.) which features double the repression power compared to the previous image stabilization system, MEGA O.I.S. The hand-shake generated when pressing the shutter button, or when shooting at night with a slow shutter speed, is significantly minimized by the improved POWER O.I.S. to help reduce blurry photos.

"We realize that consumers are looking for fashionable and slim digital cameras that still take high-quality photos and feature advanced photo settings," said David Briganti, Senior Product Manager, Imaging, Panasonic Consumer Electronics Company. "With the LUMIX DMC-FP8, we are giving users that sleek and compact design, while not compromising the advanced, yet easy-to-use features and technology for which the Panasonic LUMIX line of cameras is known."

The FP8's design has intricate detailing which features blue LED cursor buttons that glow when pressed, and its centered back panel gives it an overall ultra-modern and unique look. Additionally, the 2.7-inch large Intelligent LCD offers a dynamic and clear view of the scenes and subjects being photographed. In the Face Recognition** mode, up to three people can be simultaneously recognized to show their names on the monitor once registered. Additionally, the powerful battery life of the highly energy-efficient image processing LSI, Venus Engine V***, allows users to take approximately 380 pictures.

Other features of the DMC-FP8 include: -- HD Movies with VIERA Link Networking - Records dynamic HD motion pictures in 1280 x 720p at a smooth 30 fps, in addition to WVGA (848 x 480) and normal VGA (640 x 480)****. With HD component output capability, the user can enjoy watching photos and video in stunning HD quality by simply connecting the camera to a television via an optional component cable (DMW-HDC2). -- Scene Modes - Twenty-seven scene modes are available with the FP8, including the High Dynamic mode which helps to capture a scene with moderate exposure, even though the scene may contain both bright and dark areas together. -- PHOTOfunSTUDIO 4.0 - Included with the FP8, this software allows users to view, edit and archive captured photos and videos with greater ease. The new PHOTOfunSTUDIO 4.0 features dramatic speed-up of operation and also allows users to store and sort for photos by a specific, recognized face in the image.

The LUMIX DMC-FP8 will have a suggested retail price of $299.95 and will be available in September 2009 in black, red and silver.

* 35mm film camera equivalent: 28-128mm

**Turn Face Recognition item ON and register the person with full-face portrait on the shooting menu in advance

***Based on a CIPA standard

****In Motion Picture mode, the length of recording time depends on the capacity of the SDHC/SD Memory Card. (Up to the equivalent of 2 GB per motion-image recording.) When you set the motion picture quality to VGA 30fps, WVGA 30fps and HD (1280x720) 30/15fps, we recommend using a high-speed memory card with "10MB/s" or greater specified on the package. Some lens movement sounds may be recorded. For Europe, motion images can be recorded continuously for up to 15 minutes.

*Recognition performance varies greatly depending on shooting conditions, i.e., according to factors such as angles, facial expression and lighting, so operation under all conditions cannot be guaranteed. Because the camera searches for faces that are similar to registered faces, there are cases where the faces are not correctly recognized when the registered image and the shooting image vary significantly. When facial characteristics are similar, particularly between parents and their children or brothers and sisters, the camera may not distinguish the faces.

*Dynamic tracking function may fail to lock, lose the subject in AF Tracking, or track different subjects depending on the recording conditions.

*Leica is a registered trademark of Leica Microsystems IR GmbH.

*The LEICA DC VARIO-ELMAR lenses are manufactured using measurement instruments and quality assurance systems that have been certified by Leica Camera AG based on the company's quality standards.

*All other company and product names are trademarks of their respective corporations.

*This unit is compatible with both SD Memory Cards and SDHC Memory Cards. You can only use SDHC Memory Cards on devices that are compatible with them. You cannot use SDHC Memory Cards on devices that are only compatible with SD Memory Cards. (When using a SDHC Memory Card on another device, be sure to read the operating instructions for that device.)

*Some accessories are not available in some countries.

*The use of recorded or printed materials that are protected by copyright for any purpose other than personal enjoyment is prohibited, as it would infringe upon the rights of the copyright holder.

*Design and specifications are subject to change without notice. About Panasonic Consumer Electronics Company

Based in Secaucus, N.J., Panasonic Consumer Electronics Company is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. In its commitment to provide consumers with extensive imaging resources, Panasonic LUMIX established the Digital Photo Academy, a series of nationwide workshops designed to instruct consumers how to optimize the features on their digital cameras and produce high-quality photos. Panasonic is honored to support OUR PLACE - The World's Heritage, a project that will create the world's largest photographic collection of UNESCO World Heritage sites, with acclaimed photographers exclusively using LUMIX digital cameras to capture all images.

Panasonic

CONTACT: MeeJin Annan-Brady, Panasonic, +1-201-392-6124,
annan-bradym@us.panasonic.com; or Blayne Murphy, Cohn & Wolfe,
+1-212-798-9763, blayne.murphy@cohnwolfe.com

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

Peace Over Violence Receives Grant From Verizon Wireless Communications StoreFunds earned through HopeLine program phone drive

LOS ANGELES, July 27 /PRNewswire/ -- Peace Over Violence and the new Verizon Wireless store in the community of Westwood in Los Angeles, Calif., teamed up to collect more than 120 no-longer-used phones and accessories. The collection drive earned the non-profit a $2,000 grant. The new Verizon Wireless Communications store is located at 1095 Broxton Ave, Los Angeles, Calif. 90024 on July 28, 2009 at 2:00 p.m.

"Peace Over Violence is a proud longtime partner and beneficiary of Verizon Wireless and the HopeLine program, and we are thrilled to have had the opportunity to participate in this collection drive and continue to work together to end domestic violence in our community," said Patti Giggans, executive director of Peace Over Violence.

Verizon Wireless' HopeLine program collects no-longer-used wireless phones, batteries and accessories in any condition from any wireless service provider. Phones donated to HopeLine that can be refurbished are sold for reuse, and those that are not salvageable are recycled in an environmentally sound way under a zero-landfill policy. Proceeds generated from the phones collected by HopeLine are put toward wireless phones and service for survivors of domestic violence as well as financial grants to non-profit domestic violence advocacy agencies. For more information please visit http://www.verizonwireless.com/hopeline.

About Peace Over Violence

Formerly the Los Angeles Commission on Assaults Against Women, Peace Over Violence is a social service agency dedicated to building healthy relationships, families and communities free from sexual, domestic and interpersonal violence. For more information, visit http://www.peaceoverviolence.org/.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving 87.7 million customers. Headquartered in Basking Ridge, N.J., with more than 87,000 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: Darcy Pollan of Peace Over Violence, +1-213-955-9090,
darcy@peaceoverviolence.org; or Amanda Ansell of GolinHarris for
VerizonWireless, +1-714-662-5112, aansell@golinharris.com

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

STMicroelectronics' Cartesio+ Processor Pumps up Performance and Enhances User Experience in Automotive Infotainment and Portable Navigation Systems

GENEVA, July 27 /PRNewswire-FirstCall/ -- STMicroelectronics , the leading producer of semiconductors for Car Infotainment and a top-three supplier to the automotive industry*, today introduced Cartesio+, a new application processor with embedded GPS for next-generation in-car and portable navigation systems. Combining superior processing power and positioning accuracy with a rich set of integrated peripherals, ST's Cartesio+ enables cost- and space-efficient navigation and infotainment applications with enhanced user experience.

"Capitalizing on the success of the first-generation Cartesio application processor, which made ST into one of the leading suppliers for GPS- enabled System-on-Chip ICs, the next-generation Cartesio+ offers high integration and high-performance features, while meeting the constraints of cost-sensitive applications," said Domenico Rossi, General Manager of ST's Car Radio and Multimedia Division. "It is a cutting-edge System-on-Chip device that offers high-sensitivity embedded positioning capabilities and meets the power requirements of portable applications, while satisfying the most stringent automotive quality constraints."

The Cartesio+ System-on-Chip is manufactured in ST's 55nm process technology and integrates a powerful ARM1176 processor with a GPS/Galileo positioning subsystem enhanced with indoor sensitivity, an advanced 3D graphics engine, and a large set of connectivity peripherals, including multiple SD/MMC, CAN and USB with integrated physical layers.

The device's embedded graphics acceleration engine is optimized for 3D map content rendering using ST's patented anti-aliasing technique, which smoothes jagged edges in digital images improving map readability, without impacting on processor performance. Cartesio+ also integrates a video input port for connecting auxiliary devices, such as a rear-view camera for safe parking, and a hardware JPEG decoder for fast picture browsing without taxing the chip's main processing resources.

Cartesio+ also offers advanced power management capabilities, based on 'power island' technology, which allows areas of the chip to operate at different voltage levels. The device also supports dynamic scaling of the core frequency to improve battery life for portable applications.

To support customer designs, ST offers a complete cost-optimized kit for portable navigation devices, built around Cartesio+, which couples the application processor with ST's STA5630 advanced GPS RF chip with integrated Low-Noise Amplifier, and three other key components from the Company's rich portfolio: the STW4210 power management chip, an audio processing amplifier/LED display driver, and the STA2500D Bluetooth controller.

Building on ST's world-class abilities in automotive technologies and applications, the new Cartesio+ processor has been designed to meet the specific and rigorous demands for quality and reliability in the automotive market. Cartesio+ is a scalable device available with two different feature sets: the STA2064 and STA2065, which have been optimized for BOM-sensitive and performance-demanding applications, respectively.

Samples are available now to lead customers, with volume production scheduled for December 2009.

About STMicroelectronics

STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2008, the Company's net revenues were $9.84 billion. Further information on ST can be found at http://www.st.com/.

STMicroelectronics

CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959,
michael.markowitz@st.com.

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

NI Technology Previews Earnings for ARM Holdings, Anadigics, Zoran, Actel, Cavium Networks and Silicon Storage Technology

PRINCETON, N.J., July 27 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for ARM Holdings , Anadigics , Zoran , Actel , Cavium Networks and Silicon Storage Technology .

Editor Paul McWilliams has helped his subscribers generate huge returns on undervalued tech stocks in 2009. Out of the 80 stocks highlighted in his Undervalued Tech Stocks reports, 23 have produced returns greater than 70% and 12 have more than doubled year to date. All of these were ranked as either good "strategic" or "speculative" buys. The average return for all stocks ranked as either "speculative" or "strategic" buys was 66%, more than ten times the meager 6% return realized on stocks he suggested that investors avoid.

McWilliams now turns his attention to earnings season where he stood alone as the only one who accurately predicted Intel's consensus beating quarter. In an exclusive series of reports, McWilliams offers data, charts, and analysis that illustrate important tech paradigms and highlight important trends that will move stocks during the upcoming quarter.

To read McWilliams' reports that are designed to guide investors through the July earnings season, please accept our invitation to take a free 21-day, no risk test drive with Next Inning by visiting the following link:

https://www.nextinning.com/subscribe/index.php?refer=prn854 McWilliams covers these topics and more in his earnings preview:

-- The price of ARM Holdings has moved up 63% since McWilliams wrote in December that the stock merited "serious consideration as a strategic investment." Has McWilliams had any second thoughts about ARM or does he still think it merits holding for the long-term?

-- The price of Anadigics is up 233% since McWilliams encouraged his readers to consider it as a good speculative investment. What factors could lead to further upside for the stock? What is the one "weak link" facing Anadigics?

-- The price of Cavium is up nearly 92% since it was presented as a good strategic investment in McWilliams' special December undervalued stocks report. Now that the stock has nearly doubled, does McWilliams think it's time to take some profits or sell covered calls to hedge risks?

-- With 74% of Zoran's stock price supported by the value of its balance sheet, does McWilliams think Zoran still presents an attractive balance of risk and potential reward? Is this a stock investors should buy ahead of its earnings report?

-- Do rumors from Asia suggest that Silicon Storage Technology is poised to produce an upside earnings surprise?

Founded in September 2002, Next Inning's model portfolio has returned 194% since its inception versus 8% for the S&P 500.

About Next Inning:

Next Inning is a subscription-based investment newsletter that provides regular coverage on more than 150 technology and semiconductor stocks. Subscribers receive intra-day analysis, commentary and recommendations, as well as access to monthly semiconductor sales analysis, regular Special Reports, and the Next Inning model portfolio. Editor Paul McWilliams is a 30+ year semiconductor industry veteran.

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

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

Indie Research Advisors, LLC

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

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

Sify Technologies Wins Award for "Best Telecom Data Center" at INFOCOM CMAI National Telecom Awards 2009

CHENNAI, India, July 27 /PRNewswire/ --

- Recognizes Excellence of Sify's Next-Generation Data Center at Mumbai Sify Technologies Limited (Nasdaq National market: SIFY), a leader in enterprise data telecom services and consumer Internet with global delivery capabilities, won the award for the 'Best Telecom Data Center' at the INFOCOM CMAI National Telecom Awards 2009 function in New Delhi on Friday 24th July 09 for its next-generation data center at Airoli, Mumbai.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090727/354963 )

CHENNAI, India, July 27 /PRNewswire/ --

INFOCOM along with CMAI, Communications and Manufacturing Association of India, an apex trade and business promotion body with over 28 international MoU partners and representative offices in eight countries, jointly announce the National Telecom Awards 2009. The National Telecom Awards are held annually to recognize and encourage Technology players for their contribution in building a robust and advanced national telecom network and infrastructure.

On receiving the award from Shri Gurudas Kamat, Honourable Minister of State for Communications and IT, Mr. Raju Vegesna, CEO and Managing Director, Sify Technologies, said, "The Airoli data centre is a key facet of our strategy to develop the most sophisticated network and data centre infrastructure in the country to facilitate the evolution and demand for highly dependable and secure services for ecommerce, online banking, mission critical applications for enterprises such as ERPs, media and entertainment content, stock trading, unified communications and disaster recovery. This award is recognition of this state of the art data center, and Sify's capabilities in designing, developing and managing world class data centers. I would like to thank the Government, the Department of Communications and IT and our customers, without whom this would not have been possible. I would also like to thank the Sify team, on whose behalf I receive this award, who made this possible."

This year, in addition to Shri Gurudas Kamat, Honourable Minister of State for Communications and IT, Shri Siddharth Behura, IAS, Secretary Telecom; Shri R Chandrashekhar, IAS, Secretary IT; Dr. J S Sarma, IAS, Chairman Telecom Regulatory Authority of India (TRAI); and Hon'ble Justice Mr. Arun Kumar, Chairman Telecom Disputes Appellate Tribunal (TDSAT) graced the awards ceremony with their presence.

Sify launched India's first Level 3 data center at Vashi, Mumbai, in September 2000. Since then the company has continually pioneered the standards, facilities and services in the data center space in the country. Over the last 8 years, Sify has invested in centers in Chennai and Bangalore with increasing levels of sophistication and capability. In August 2008, Sify launched its fourth state-of-the-art data center at Airoli near Mumbai. While the Airoli Data Center entailed an investment of about $36 million, Sify's total investment in data centers over the next two years is likely to be about $100 million. Sify is also developing cutting-edge 'Green' initiatives for its data centers.

About Sify

Sify is among the largest Managed Enterprise and Consumer Internet Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching 500+ cities and towns in India.

A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is recognized as an ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data Center operations. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. A host of blue chip customers use Sify's corporate service offerings.

Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services. The eLearning Services business designs, develops, and delivers state-of-the-art digital learning solutions catering to for-profit, non-profit organizations, and governmental organizations in the fields of hi-tech, engineering, environment, healthcare, education, and finance. The Remote Infrastructure Management Services provides dependable and economical solutions around managed services, hosting, and monitoring.

Consumer services include broadband home access and the e-port cyber cafe chain cross 180 cities and towns. Sify.com, the popular consumer portal, has channels on news, entertainment, finance, sports, games and shopping. Samachar.com is the popular portal aimed at non-resident Indians around the globe. The site's content is available in 8 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi and Gujarati in addition to English.

For more information about Sify, visit http://www.sifycorp.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risks Related to Our Business" in the company's report on Form 6-K for the quarter ended September 30, 2008, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at http://www.sec.gov.

Contact information: Sify Technologies Limited Mr. David Appasamy Investor Relations +91-44-2254-0770 (ext. 2013) david.appasamy@sifycorp.com Grayling Investor Relations Ms. Truc Nguyen (ext. 418) or Mr. Christopher Chu (ext. 426) +1-646-284-9400 truc.nguyen@us.grayling.com or christopher.chu@us.grayling.com Media Relations: Ms. Stacy Dimakakos +1-646-284-9417 sdimakakos@hfgcg.com

Sify Technologies Limited

Contact information: Sify Technologies Limited, Mr. David Appasamy, Investor Relations, +91-44-2254-0770 (ext. 2013), david.appasamy@sifycorp.com; Grayling Investor Relations, Ms. Truc Nguyen (ext. 418) or, Mr. Christopher Chu (ext. 426), +1-646-284-9400, truc.nguyen@us.grayling.com or christopher.chu@us.grayling.com; Media Relations:, Ms. Stacy Dimakakos, +1-646-284-9417 sdimakakos@hfgcg.com

Notice Regarding the Voluntary Public Purchase Offer to the Shareholders of SAF Simulation, Analysis and Forecasting AG, Tagerwilen (Switzerland)

WALLDORF, Germany, July 27 /PRNewswire/ -- On July 27, 2009, SAP AG, Walldorf (Germany) , commenced a tender offer to the shareholders of SAF Simulation, Analysis and Forecasting AG, Tagerwilen (Switzerland) for ordinary shares of SAF (ISIN CH0024848738/German Securities Identification Number WKN A0JD78). An English translation of the offer document regarding the tender offer can be obtained free of charge from SAP Global Marketing, Inc., 95 Morton St, Suite 200, New York, NY 10014, USA, fax +1 610 492 9758. Furthermore, the German version of the offer document can be obtained free of charge from Commerzbank Aktiengesellschaft, ZCM-ECM Execution, Mainzer Landstrasse 153, 60327 Frankfurt am Main (Germany), fax: +49-69-136-44598, in Germany.

The offer document and the non-binding English translation thereof are available on the internet at http://www.sap.com/investor (non-binding English translation document) and http://www.sap.de/investor (original German language document). Further updates regarding the progress of the offer shall be periodically available in English in the internet at http://www.sap.com/investor.

IMPORTANT NOTICE REGARDING FORWARD-LOOKING STATEMENTS

This announcement, the offer document and the documents referred to therein contain certain forward-looking statements. Such statements can be identified, in particular, by terms such as "will", "expects", "believes", "is of the opinion", "attempts", "estimates", "intends", "assumes", "plans" and "endeavours" and similar expressions as they relate to SAP. Such statements are an expression of SAP's intentions, views or current expectations with regard to potential future events. They are subject to numerous risks and uncertainties, which as a rule are not within SAP's sphere of control. Certain factors that could affect SAP's intentions, views or current expectations with regard to potential future events are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission, including but not limited to SAP's Annual Report on Form 20-F for 2008. It should be noted that the forward-looking statements contained in the offer document may prove to be incorrect and future events and developments may differ materially from the forward-looking statements contained in the offer document. It is also possible that after publication of the offer document, SAP might change its views and assessments as set out in the offer document, particularly with respect to SAF and its affiliates. SAP undertakes no obligation to publicly update or revise any forward looking statements whether as a result of new information, future events or otherwise, except as is required by law.

CONTACT: SAP Press Office, +49-6227-7-46315, CET, or +1-610-661-3200,

EDT, press@sap.com

SAP AG

CONTACT: SAP Press Office, +49-6227-7-46315, CET, or +1-610-661-3200,
EDT, press@sap.com

Web Site: http://www.sap.com/investor

Hague Corp. Subsidiary Solterra Renewable Technologies Signs Exclusive Licensing Agreement with University of Arizona for Printed Electronics TechnologyPRINTED ELECTRONICS TECHNOLOGY CUTS COSTS OF LED DISPLAYS, BATTERIES, SENSORS AND CONDUCTORS

TEMPE, Ariz., July 27 /PRNewswire/ -- Hague Corp.'s (BULLETIN BOARD: HGUE) , wholly owned subsidiary Solterra Renewable Technologies today announced an exclusive worldwide licensing agreement with the University of Arizona for the patented, intellectual property covering screen-printing techniques for the fabrication of organic light emitting diodes.

Organic light emitting diodes, known generally as LEDs, are an essential component of displays, batteries, sensors, conductors and computer memory.

Solterra's CEO Stephen Squires explained that there are essential similarities between the screen-printing techniques to fabricate LEDs and the screen printing technology that Solterra currently uses to print quantum dots to make thin-film solar cells.

Using this licensing agreement to fabricate LEDs using screen printing techniques will greatly reduce the costs of LEDs, Squires explained. The high cost of producing LEDs has limited its uses; and therefore a dramatic cost reduction will greatly expand LED use, he added.

"There are useful similarities in the underlying design and manufacturing technology for quantum dot solar cells and other printed electronics applications such as batteries, sensors, conductors, lighting, logic and memory," he said.

Squires noted LED/OLED displays will likely emerge as the second most significant market for printed electronics.

"When you can leverage a single enabling technology, such as our semiconductor quantum dots, to enter two or more different, but massive, markets without straying from your core competencies, the business opportunity is very compelling," he said.

Squires said there is a frenzied pace of amazing discoveries in light-related applications. However, it was clear new work would be limited in commercial application by raw material costs. Access to high quality, affordable quantum dots emerged as the key ingredient for a number of these exciting developments. When coupled with high-throughput, inexpensive manufacturing such as screen printing, we believe wide market penetration is inevitable.

According to the IDTechEx report, Printed, Organic & Flexible Electronics Forecasts, Players & Opportunities 2009-2029, the market for printed and potentially printed electronics, including organics, inorganics and composites will rise from $1.92 billion in 2009 to $57.16 billion in 2019. The majority of the market in 2009 -- 71% -- is for electronics which are relatively mature -- conductive inks (for membrane keyboards, Printed Circuit Boards, flex connectors, membrane keyboards, sensors (e.g. disposable blood glucose sensors for those with diabetes) and Organic Light Emitting Displays (OLEDs) which are on glass substrates and not printed as yet. Source: http://www.idtechex.com/

The University of Arizona pioneering technology makes significant improvements over prior art. Organic LED / OLED based displays now have the potential to be manufactured using very high volume, low cost roll-to-roll print processing on inexpensive substrates.

In addition to the potential to deliver a significantly lower price point, this technology can also provide, higher definition, increased viewing angles, lower power consumption and reduced response time for an enhanced picture, all in a very thin, light weight, format. These characteristics enable display technologies to flourish in environments that have previously been uneconomical or simply not viable.

The market for organic light emitting diode displays alone is estimated to exceed $4.5 billion, according to Global Industry Analysts, Inc.

Additionally, Solterra believes that the University of Arizona technology can also be applied to certain lighting applications. As global consumption of electricity in the world is increasing dramatically, energy efficiency through better electronics and lighting is key to reducing the overall burden on power production and the expected increases in greenhouse gas emissions. Solterra's thin film solar cells and high performance OLED displays, along with other emerging printed electronics innovations can be important first steps to solving these challenges.

Contact: Solterra Renewable Technologies, Inc. ASU Research Park 7700 S. River Parkway Tempe, AZ 85284 Tel: 604 569 3184 ext 103 info@solterrasolarcells.com http://www.solterrasolarcells.com/ Richard Stern Stern & Co. 212-888-0044

Solterra Renewable Technologies, Inc.

CONTACT: Solterra Renewable Technologies, Inc., +1-604-569-3184, Ext
103, info@solterrasolarcells.com; or Richard Stern of Stern & Co.,
+1-212-888-0044

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

Raytheon Technology to Help Pave Way for Man's Next Journey to Moon

EL SEGUNDO, Calif., July 27, 2009 /PRNewswire/ -- Sensing technology developed by Raytheon Company for the U.S. Navy's miniaturized radio frequency system has begun its one-year mission to determine whether the polar regions of the moon contain ice.

Launched aboard NASA's Lunar Reconnaissance Orbiter June 18 and activated July 8, the system, known as Mini-RF, will take high-resolution radar imagery of permanently shaded regions of the moon to attempt to detect ice in areas hidden from other instruments.

Under contract to the U.S. Navy, Raytheon provided the antenna, transmitter, analog receiver and software for the system.

"This is an important mission for our nation because it represents the first step in the next era of lunar exploration," said Bill Hart, vice president for Raytheon's Space Systems business. "The Mini-RF system will play a key role in determining how we will approach this next phase of the space age."

Water ice, deposited as a result of asteroid collisions, is hypothesized to exist in permanently shaded regions of impact craters at the lunar poles, protected from dissipation by the sun. However, that theory lacks proof. NASA is interested in determining the extent to which lunar ice exists, if at all, as the agency prepares for future manned exploration and possible habitation on the moon.

Raytheon provided similar support under the same contract for the Indian Space Research Organization's Chandrayaan-1 lunar orbiting mission. That spacecraft's miniaturized synthetic aperture radar (known as Mini-SAR) provided images between mid-February and mid-April. Data obtained during that period are being analyzed for evidence of ice on the lunar surface.

The Mini-RF technology of the Lunar Reconnaissance Orbiter differs slightly from what is flying aboard Chandrayaan-1. The LRO version features slightly higher resolution capabilities and will operate in dual S- and X-band modes. It also will fly at a lower orbit than Chandrayaan-1.

Raytheon's work on the Mini-RF and Mini-SAR programs illustrates the type of design and manufacturing innovations the Department of Defense advocates as part of its operationally responsive space initiative. That initiative calls for the development of smaller, less-expensive satellites that can be deployed in tactically relevant time frames. Manufactured and delivered within 15 months of design approval, the Mini-RF system provides a wealth of sensing capabilities in a relatively inexpensive and easily adapted platform.

"There is a great need within the military and civil space communities to be able to effectively augment or reconstitute critical space capabilities and infuse them with new technologies and operational innovations," Hart said. "Our experience on this and other similar short time-frame programs has taught us a lot about what is required, not only on the manufacturing floor, but throughout a program's life cycle to make that possible."

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.

Raytheon Company

CONTACT: John Barksdale of Raytheon Company, +1-310-647-8224

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

Company News On-Call: http://www.prnewswire.com/comp/149999.html
http://www.prnewswire.com/comp/742575 .html

Visteon Launches 'Virtual' Instrument Cluster on 2010 Range Rover

VAN BUREN TOWNSHIP, Mich., July 27, 2009 /PRNewswire/ -- Global automotive supplier Visteon Corporation has launched a reconfigurable cluster platform on Jaguar Land Rover's new Range Rover - available as a standard fit on all derivatives in Land Rover's global markets.

Replacing the conventional instrument cluster design, the reconfigurable 12.3-inch full color Thin Film Transistor (TFT) display integrates multiple functions and operating modes to present on-demand driver information via virtual gauges, graphical displays and a message center. Developed for the 2010 Range Rover model range, this is Jaguar Land Rover's first "virtual cluster" application.

By introducing an advanced graphics interface, the reconfigurable cluster presents information to the driver in an innovative way, while helping reduce driver distraction. The cluster redefines the functional role of instrumentation by providing an interface to safely manage the complexity of the Range Rover's advanced vehicle systems through the reconfigurable message center, which acts as the information hub for the vehicle.

"The new display technology used by the 2010 Range Rover is a major advance. It gives us tremendous flexibility in presenting information, so that the driver gets precisely the data he or she requires, in all driving conditions," explains Nick Rogers, chief engineer, new vehicle architecture, Range Rover.

The Range Rover "virtual cluster" is the first production program launched from Visteon's reconfigurable cluster platform and the latest in its range of clusters with graphic displays. The platform also offers vehicle manufacturers the flexibility to use one hardware solution with multiple graphic applications for easier vehicle differentiation or mid-cycle refresh.

"This powerful 'virtual image' cluster is an example of Visteon's global platform strategy, which provides vehicle manufacturers with cost-effective solutions through hardware and software architecture re-use," said Steve Meszaros, president of Visteon's electronics product group. "Although this high-end cluster initially is designed for the best-in-class comfort and refinement of the Range Rover, Visteon's unique system integration approach is set to make large TFT displays a viable and affordable alternative to conventional clusters."

The cluster was developed in conjunction with Land Rover by Visteon's engineering teams in Chelmsford, U.K., with support from development teams in the U.S. and software development from Visteon Software Operations, India, and Visteon Software Technologies, France. The reconfigurable platform design is based on a new architectural approach to efficiently manage the complexity of the increased graphics content and display management.

Visteon's advanced technological expertise has been combined with its extensive proprietary research on consumer perceived quality and product design to bring forward a technology that offers freedom of design for OEMs and maximum ease of use for the consumer.

Visteon is a leading, global manufacturer of driver information systems and central information displays, producing more than 7 million units annually from manufacturing plants across the globe. Visteon's strengths include its global and scalable product platforms, comprehensive cockpit electronics portfolio, and the ability to provide seamlessly integrated systems and products that connect people to their vehicles and the world around them.

Through its partnerships with leading technology providers, Visteon has positioned itself to be flexible to react to the fast-developing consumer electronics market and is embracing the transition from hardware solutions to software-defined solutions, while its global platforms maintain a central core of robust automotive solutions.

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 27 countries and employs approximately 31,000 people.

Visteon Corporation

CONTACT: In North America, Jim Fisher, +1-734-710-5557,
jfishe89@visteon.com, or in Europe, Jonna Christensen, +44-1245-395-038,
jchris18@visteon.com, or in Asia, Annouk Ruffo Leduc, +86-21-6192 9824,
aruffole@visteon.com, or Lisa Feng, +86-21-6192 9825, yfeng@visteon.com, all
of Visteon Corporation

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

NI FlexRIO Product Family Expands Capabilities of FPGA-Enabled Instruments for Real-Time Test ApplicationsNew Third-Party and NI FlexRIO Adapter Modules Enhance Radio Prototyping, Signal Intelligence and Vision Inspection Systems

AUSTIN, Texas, July 27, 2009 /PRNewswire-FirstCall/ -- National Instruments today announced the expansion of its NI FlexRIO product line with multiple forthcoming adapter modules, which provide engineers with application-specific I/O for RF, digital, time-domain and vision inspection systems. The NI FlexRIO family is the industry's first commercial off-the-shelf (COTS) solution to provide engineers the flexibility of NI LabVIEW FPGA technology combined with high-speed, instrument-class, reconfigurable and user-defined I/O on the PXI platform.

All NI FlexRIO solutions require two distinct hardware pieces - an I/O-specific adapter module and a PXI-based NI FlexRIO FPGA module, which features a Xilinx Virtex-5 field-programmable gate array (FPGA). With a variety of NI FlexRIO adapter modules, engineers can directly interface FPGAs to new types of I/O for measurements across automated test applications that require real-time performance.

The software-defined, reconfigurable I/O capabilities of NI FlexRIO make it possible for engineers to employ techniques such as in-line signal processing, hardware-in-the-loop control and protocol-aware test for designing and testing many complex electronic devices. National Instruments has already released two NI FlexRIO adapter modules, the NI 6581 100 MHz digital I/O (DIO) adapter module and the NI 6585 200 MHz low-voltage differential signaling (LVDS) DIO module.

In addition to these products, NI soon will release several new specialized adapter modules including a dual-channel, 100 MS/s, 14-bit input, 16-bit output baseband transceiver for radio prototyping and stimulus-response applications; a 3 GS/s, eight-bit digitizer for time-domain measurements and ultra-wideband spectral analysis; a four-channel, 250 MS/s, 14-bit digitizer for signal intelligence and other applications requiring high speed and resolution; and a full-configuration Camera Link interface for high-speed image processing and low-latency control.

As part of the open nature of the NI FlexRIO platform, NI also has been collaborating with several National Instruments Alliance Partner companies on third-party adapter modules, including the already-released NexFrontier NF1208 100 MHz vector rate pin electronics digital I/O adapter module and Averna IEEE 1394b adapter module. Other companies, including SET, Prevas AB, Cosylab and Adsys Controls, are finalizing additional NI FlexRIO adapter module designs for future release.

For applications requiring highly customized I/O, engineers with PCB design and HDL experience can create their own adapter modules using the NI FlexRIO Adapter Module Development Kit (MDK). The MDK features full documentation on electrical, firmware, software and mechanical design details, including CAD files and example HDL, as well as various metal adapter module enclosures.

Readers can learn more about NI FlexRIO adapter modules by visiting http://www.ni.com/flexrio.

About National Instruments

National Instruments (http://www.ni.com/) is transforming the way engineers and scientists design, prototype and deploy systems for measurement, automation and embedded applications. NI empowers customers with off-the-shelf software such as NI LabVIEW and modular cost-effective hardware, and sells to a broad base of more than 30,000 different companies worldwide, with no one customer representing more than 3 percent of revenue and no one industry representing more than 15 percent of revenue. Headquartered in Austin, Texas, NI has more than 5,000 employees and direct operations in more than 40 countries. For the past 10 years, FORTUNE magazine has named NI one of the 100 best companies to work for in America. Readers can obtain investment information from the company's investor relations department by calling (512) 683-5090, e-mailing nati@ni.com or visiting http://www.ni.com/nati.

Pricing and Contact Information NI 6581 high-speed digital adapter 11500 N Mopac Expwy, Austin, Texas module 78759-3504 Priced* from $999; euro 929; Tel: (800) 258-7022, 147,000 yen Fax: (512) 683-9300 NI 6585 200 MHz LVDS digital E-mail: info@ni.com adapter module Priced* from $999; euro 929; 147,000 yen NI PXI-795xR FPGA modules for NI FlexRIO Priced* from $2,999; euro 2,749; 441,000 yen NI FlexRIO Adapter Module Development Kit Priced* from $4,999; euro 4,549; 735,000 yen Web: http://www.ni.com/flexrio *All prices are subject to change without notice.

LabVIEW, National Instruments, National Instruments Alliance Partner, NI, ni.com and NI FlexRIO are trademarks of National Instruments. Other product and company names listed are trademarks or trade names of their respective companies.

A National Instruments Alliance Partner is a business entity independent from National Instruments and has no agency, partnership or joint-venture relationship with National Instruments.

Editor Contact: Hilary Marchbanks, (512) 683-5937

Reader Contact: Ernest Martinez, (800) 258-7022

Photo: http://www.newscom.com/cgi-bin/prnh/20080723/LAW030LOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com National Instruments

CONTACT: Editor Contact, Hilary Marchbanks, +1-512-683-5937; or Reader
Contact, Ernest Martinez, 1-800-258-7022, both for National Instruments

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

Sify Technologies Wins Award for "Best Telecom Data Center" at INFOCOM CMAI National Telecom Awards 2009Recognizes Excellence of Sify's Next-Generation Data Center at Mumbai

CHENNAI, India, July 27 /PRNewswire-FirstCall/ -- Sify Technologies Limited (Nasdaq National market: SIFY), a leader in enterprise data telecom services and consumer Internet with global delivery capabilities, won the award for the 'Best Telecom Data Center' at the INFOCOM CMAI National Telecom Awards 2009 function in New Delhi on Friday 24th July 09 for its next-generation data center at Airoli, Mumbai.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090727/354963 )

INFOCOM along with CMAI, Communications and Manufacturing Association of India, an apex trade and business promotion body with over 28 international MoU partners and representative offices in eight countries, jointly announce the National Telecom Awards 2009. The National Telecom Awards are held annually to recognize and encourage Technology players for their contribution in building a robust and advanced national telecom network and infrastructure.

On receiving the award from Shri Gurudas Kamat, Honourable Minister of State for Communications and IT, Mr. Raju Vegesna, CEO and Managing Director, Sify Technologies, said, "The Airoli data centre is a key facet of our strategy to develop the most sophisticated network and data centre infrastructure in the country to facilitate the evolution and demand for highly dependable and secure services for ecommerce, online banking, mission critical applications for enterprises such as ERPs, media and entertainment content, stock trading, unified communications and disaster recovery. This award is recognition of this state of the art data center, and Sify's capabilities in designing, developing and managing world class data centers. I would like to thank the Government, the Department of Communications and IT and our customers, without whom this would not have been possible. I would also like to thank the Sify team, on whose behalf I receive this award, who made this possible."

This year, in addition to Shri Gurudas Kamat, Honourable Minister of State for Communications and IT, Shri Siddharth Behura, IAS, Secretary Telecom; Shri R Chandrashekhar, IAS, Secretary IT; Dr. J S Sarma, IAS, Chairman Telecom Regulatory Authority of India (TRAI); and Hon'ble Justice Mr. Arun Kumar, Chairman Telecom Disputes Appellate Tribunal (TDSAT) graced the awards ceremony with their presence.

Sify launched India's first Level 3 data center at Vashi, Mumbai, in September 2000. Since then the company has continually pioneered the standards, facilities and services in the data center space in the country. Over the last 8 years, Sify has invested in centers in Chennai and Bangalore with increasing levels of sophistication and capability. In August 2008, Sify launched its fourth state-of-the-art data center at Airoli near Mumbai. While the Airoli Data Center entailed an investment of about $36 million, Sify's total investment in data centers over the next two years is likely to be about $100 million. Sify is also developing cutting-edge 'Green' initiatives for its data centers.

About Sify

Sify is among the largest Managed Enterprise and Consumer Internet Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching 500+ cities and towns in India.

A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is recognized as an ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data Center operations. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. A host of blue chip customers use Sify's corporate service offerings.

Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services. The eLearning Services business designs, develops, and delivers state-of-the-art digital learning solutions catering to for-profit, non-profit organizations, and governmental organizations in the fields of hi-tech, engineering, environment, healthcare, education, and finance. The Remote Infrastructure Management Services provides dependable and economical solutions around managed services, hosting, and monitoring.

Consumer services include broadband home access and the e-port cyber cafe chain cross 180 cities and towns. Sify.com, the popular consumer portal, has channels on news, entertainment, finance, sports, games and shopping. Samachar.com is the popular portal aimed at non-resident Indians around the globe. The site's content is available in 8 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi and Gujarati in addition to English.

For more information about Sify, visit http://www.sifycorp.com/. Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risks Related to Our Business" in the company's report on Form 6-K for the quarter ended September 30, 2008, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at http://www.sec.gov/.

Contact information: Sify Technologies Limited Mr. David Appasamy Investor Relations +91-44-2254-0770 (ext. 2013) david.appasamy@sifycorp.com Grayling Investor Relations Ms. Truc Nguyen (ext. 418) or Mr. Christopher Chu (ext. 426) +1-646-284-9400 truc.nguyen@us.grayling.com or christopher.chu@us.grayling.com Media Relations: Ms. Stacy Dimakakos +1-646-284-9417 sdimakakos@hfgcg.com

Photo: http://www.newscom.com/cgi-bin/prnh/20090727/354963 Sify Technologies Limited

CONTACT: Contact information: Sify Technologies Limited, Mr. David
Appasamy, Investor Relations, +91-44-2254-0770 (ext. 2013),
david.appasamy@sifycorp.com; Grayling Investor Relations, Ms. Truc Nguyen
(ext. 418) or, Mr. Christopher Chu (ext. 426), +1-646-284-9400,
truc.nguyen@us.grayling.com or christopher.chu@us.grayling.com; Media
Relations:, Ms. Stacy Dimakakos, +1-646-284-9417 sdimakakos@hfgcg.com

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News archive of November 2009
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