Companies news of 2009-10-05 (page 11)

  • MKS Instruments Reports Revised Third Quarter 2009 Guidance and Announces Earnings...
  • Allegiant Reports September, Third Quarter 2009 Traffic
  • Qualcomm Announces Finalists in QPrize Business Plan Competition- Regional Companies Each...
  • RPM Reports Record First-Quarter Net Income, Earnings Per Share and Cash Flow- Consumer...
  • Cumberland Pharmaceuticals Announces Presentation of Caldolor Data at American Academy of...
  • AAR to Provide KC-10 Supply Chain Support as Member of Northrop Grumman Team
  • K. Hovnanian Enterprises, Inc. Announces New Senior Secured Notes Offering
  • Hovnanian Announces Completion of Early Tender Period, Receipt of Requisite Consents in...
  • Lihua International Retains The Piacente Group as Strategic Investor Relations Consulting...
  • Ambitech Adds AVEVA Laser Model Interface to its Project Suite
  • Playtech's Hit Games Package Hits the Market!
  • Television Personality Lisa Ling and Dr. Paul Song Host Special Media Open House For First...
  • Ritchie Bros. Maryland auction draws bidders from around world
  • State of Rhode Island Set to Save over $1 Million on Natural Gas Costs with World...
  • BIOREM awarded $720,000 biofiltration project
  • Legg Mason Re-Brands and Consolidates Two Fund Families- Creates a Single Legg Mason Fund...
  • PepsiCo Says it will Form New Bottling Unit; Eric Foss, 27-Year Industry Veteran, will be...
  • /R E P E A T -- DiagnoCure signs distribution agreement in the UK for its colorectal...
  • China Power Equipment and Advanced Technology & Materials Co., Discussed Possible Sourcing...
  • ProLogis Research Group Releases New Report on South Korea's Industrial Property Markets
  • Lihua International to Present at the 2009 Roth Capital Partners China Conference
  • Global Payments to Present at William Blair & Company's Emerging Stock Conference
  • Sigma-Aldrich(R) and Sangamo BioSciences Announce Major Expansion of ZFP Technology...
  • Genome Quebec and Montreal Heart Institute Pharmacogenomics Centre Deploys Isilon IQ in...
  • Patterson-UTI Reports Drilling Activity for September 2009
  • Noront Resources announces take-over bid for Freewest Resources- Noront's Offer of one (1)...
  • Sonic Solutions CEO to Host Digital Movie Delivery Press Conference in JapanFocus on...
  • Rainmaker to Announce Third Quarter 2009 Financial Results on November 5th
  • Alon USA Announces Third Quarter 2009 Earnings Release and Conference Call Schedule
  • Amdocs Announces Support for Service Providers Seeking to Offer and Monetize Cloud-Based...



    MKS Instruments Reports Revised Third Quarter 2009 Guidance and Announces Earnings Conference Call

    ANDOVER, Mass., Oct. 5 /PRNewswire-FirstCall/ -- MKS Instruments, Inc. , a global provider of technologies that enable advanced processes and improve productivity, today announced that third quarter revenues and non-GAAP earnings will exceed the high end of its guidance. Third quarter revenue could increase approximately 34% sequentially, ranging from $105 million to $107 million, and surpassing the Company's high end guidance of $92 million. The Company expects to return to profitability on a non-GAAP basis and could see non-GAAP net income of approximately $0.02 to $0.04 per diluted share, compared to its original guidance of a net loss of ($0.18) to ($0.07) per basic share. GAAP net loss in the third quarter, which includes the effect of a lower effective income tax benefit, could be approximately ($0.14) to ($0.11) per basic share.

    Leo Berlinghieri, Chief Executive Officer and President, said, "The increase in our business reflects the higher levels of sales at our semiconductor OEM customers and is consistent with recent, positive announcements by industry research firms. Chip unit sales are increasing, semiconductor front end equipment utilization rates are now above 95%, and a number of our Semiconductor OEM customers have increased their third quarter revenue guidance. As we have demonstrated this quarter, we are well positioned to meet the increased demand."

    Management will release third quarter, 2009, financial results prior to market opening on Thursday, October 22, 2009. A conference call will be held the same day and is scheduled for 8:30 a.m. (Eastern Time). Dial-in numbers are 1-888-549-7880 for domestic callers and 480-629-9866 for international callers. The call will be broadcast live and available for replay at http://www.mksinstruments.com/. To hear a telephone replay through October 29, 2009, dial 303-590-3030, pass code 4163117#.

    The financial results that exclude certain charges and special items are not in accordance with Accounting Principles Generally Accepted in the United States of America (GAAP). MKS' management believes the presentation of non-GAAP financial measures, which exclude costs associated with acquisitions and special items and include a normalized income tax rate, is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results.

    MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, materials delivery, gas composition analysis, electrostatic charge management, control and information technology, power and reactive gas generation, and vacuum technology. Our primary served markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells, data storage media, and other advanced coatings. We also leverage our technology in other markets with advanced manufacturing applications including medical equipment, pharmaceutical manufacturing, energy generation, and environmental monitoring.

    This release contains projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act regarding MKS' future growth and the future financial performance of MKS. These projections or statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the projections or other forward-looking statements are the fluctuations in capital spending in the semiconductor industry, fluctuations in net sales to MKS' major customers, potential fluctuations in quarterly results, the challenges, risks and costs involved with integrating the operations of MKS and any acquired companies, dependence on new product development, rapid technological and market change, acquisition strategy, manufacturing and sourcing risks, volatility of stock price, international operations, financial risk management, and future growth subject to risks. Readers are referred to MKS' filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, for a discussion of these and other important risk factors concerning MKS and its operations. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

    MKS Instruments, Inc.

    CONTACT: Ronald C. Weigner, Vice President, Chief Financial Officer &
    Treasurer of MKS Instruments, Inc., +1-978-645-5576

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




    Allegiant Reports September, Third Quarter 2009 Traffic

    LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- Allegiant Air, LLC, a wholly-owned subsidiary of Allegiant Travel Company , today reported preliminary passenger traffic results for September and third quarter 2009.

    Scheduled Service Sep. 2009 Sep. 2008 Change Passengers 288,761 188,465 53.2% Revenue passenger miles (000) 264,729 165,838 59.6% Available seat miles (000) 294,737 180,622 63.2% Load factor 89.8% 91.8% (2.0) pts Departures 2,203 1,398 57.6% Average stage length (miles) 893 863 3.5% 3Q09 3Q08 Change Passengers 1,208,306 854,833 41.3% Revenue passenger miles (000) 1,095,291 745,188 47.0% Available seat miles (000) 1,218,951 794,730 53.4% Load factor 89.9% 93.8% (3.9) pts Departures 9,181 6,223 47.5% Average stage length (miles) 888 856 3.7% Total System* Sep. 2009 Sep. 2008 Change Passengers 330,382 222,788 48.3% Revenue passenger miles (000) 292,229 200,078 46.1% Available seat miles (000) 343,011 228,339 50.2% Load factor 85.2% 87.6% (2.4) pts Departures 2,866 1,889 51.7% Average stage length (miles) 805 815 -1.2% 3Q09 3Q08 Change Passengers 1,339,407 974,600 37.4% Revenue passenger miles (000) 1,173,831 858,100 36.8% Available seat miles (000) 1,350,284 946,366 42.7% Load factor 86.9% 90.7% (3.8) pts Departures 11,117 7,835 41.9% Average stage length (miles) 818 815 0.4%

    *Total system includes scheduled service, fixed fee contract and non-revenue flying.

    About the Company

    Las Vegas based Allegiant Travel Company , is focused on linking travelers in small cities to world-class leisure destinations such as Las Vegas, Phoenix, Los Angeles, Orlando, Fla. Tampa/St. Petersburg, Fla. and Fort Lauderdale, Fla. Through its subsidiary, Allegiant Air, the Company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services.

    ALGT/G

    Note: This press release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.

    For further information please visit the company's investor web site: http://ir.allegiantair.com/

    Reference to the Company's web site above does not constitute incorporation of any of the information thereon into this press release.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20060516/LATU102LOGO)

    Photo: http://www.newscom.com/cgi-bin/prnh/20060516/LATU102LOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Allegiant Travel Company

    CONTACT: Media, Tyri Squyres, +1-702-851-7370,
    mediarelations@allegiantair.com. or Investors, Robert Ashcroft,
    +1-702-430-3275, ir@allegiantair.com, both of Allegiant Travel Company

    Web Site: http://ir.allegiantair.com/




    Qualcomm Announces Finalists in QPrize Business Plan Competition- Regional Companies Each Earn US$100,000 in Early-Stage Funding and Advance to Final Round of Competition -

    SAN DIEGO, Oct. 5 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies, products and services, today unveiled its regional finalists in Qualcomm Ventures' QPrize(TM) international business plan competition. The four early-stage companies representing Europe/Israel, China, India and North America stood out among a pool of competitors to each receive US$100,000 in venture financing to grow their businesses. As finalists, the companies will now advance to the final round of competition to compete for the Grand Prize of an additional US$150,000 in funding. The QPrize Finals will take place at Qualcomm Ventures' CEO Summit, November 3, 2009 in San Diego.

    In a series of regional QPrize competitions, business plans submitted by entrant companies were evaluated based on product innovation, financial viability and the strength of management teams. The four regional finalists were selected by diverse judging panels consisting of independent venture capitalists, QPrize sponsors and Qualcomm Ventures investment managers.

    "Entrepreneurship is the engine driving new technical breakthroughs and business models that are transforming various industries through the use of mobile technologies," said Nagraj Kashyap, vice president of Qualcomm Ventures. "These four QPrize finalists are bringing new capabilities to market and show great potential to truly impact their competitive landscapes. We congratulate these companies on their achievements."

    -- Europe/Israel Region: -- Panoramic Power Panoramic Power has developed a family of wireless sensor products that give enterprise customers the ability to deploy Smart Grid technologies within their existing facilities. The company's sensors accurately measure power consumption at the individual circuit level and are designed to be small, non-obtrusive and maintenance free. http://www.panpwr.com/ -- China Region: -- Cootek Cootek has developed TouchPal, an innovative user interface for touchscreen mobile devices that effectively makes typing easier and more accurate. TouchPal utilizes a prediction engine that can contextually determine word sequences, greatly improving mobile search capabilities. The company has licensed its TouchPal software to several carriers and handset manufacturers. http://www.cootek.com/ -- India Region: -- Capillary Technologies Capillary Technologies provides an end-to-end mobile CRM platform and mobile marketing services to a variety of retail companies in the Indian market. The company has successfully deployed its products in more than 400 stores in 75 cities throughout India. http://www.capillary.co.in/ -- North America Region: -- txt.eagle txt.eagle has developed a mobile crowd sourcing platform that enables mobile phone subscribers to earn small amounts of money or airtime by completing simple tasks for corporate clients. The types of tasks range from translation and image tagging to market research surveys. Most txt.eagle tasks are text-based and can be completed via SMS or WAP sessions. http://www.txteagle.com/

    The 2009 Qualcomm Ventures QPrize competition provides US$550,000 in total seed funding to help entrepreneurs transform their innovative business plans into reality. Additional details on regional finalists and the Grand Prize event is available at http://www.qprize2009.com/.

    About Qualcomm Ventures

    Qualcomm Ventures was launched in the United States in November 2000 with an initial US$500 million allocation. Qualcomm Ventures' aim is to support Qualcomm's mission of enabling and fostering 3G CDMA and wireless Internet markets through strategic investments in privately owned startup ventures. These strategic investments include companies focusing on wireless communication technologies and products serving consumer, enterprise and vertical markets worldwide. For more information, please visit http://www.qualcomm.com/ventures.

    About Qualcomm

    Qualcomm Incorporated 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 100 Index, the S&P 500 Index and is a 2009 FORTUNE 500® company. For more information, please visit http://www.qualcomm.com/.

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

    Qualcomm Contacts: Emily Kilpatrick, Corporate Communications 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: Emily Kilpatrick, Corporate Communications, +1-858-845-5959,
    corpcomm@qualcomm.com, or John Gilbert, Investor Relations, +1-858-658-4813,
    ir@qualcomm.com, both of Qualcomm Incorporated

    Web Site: http://www.qualcomm.com/
    http://www.panpwr.com/
    http://www.cootek.com/
    http://www.capillary.co.in/
    http://www.txteagle.com/




    RPM Reports Record First-Quarter Net Income, Earnings Per Share and Cash Flow- Consumer segment drives higher sales; industrial segment lags, as expected - Operating profit margins in both segments benefit from prior-year cost reductions - Strong liquidity and capital structure position RPM for growth as economy improves

    MEDINA, Ohio, Oct. 5 /PRNewswire-FirstCall/ -- RPM International Inc. today reported record first-quarter net income, earnings per share and cash flow for the period ended August 31, 2009. During the fiscal 2010 first quarter, the company's consumer segment earnings before interest and taxes (EBIT) more than offset the decline in industrial segment EBIT, as compared to the fiscal 2009 first quarter. Earnings in both business segments benefited from expense reductions implemented during the prior fiscal year and improving gross profit margins.

    First-Quarter Results

    First-quarter net sales of $916.0 million were 7.1% below the $985.5 million reported a year ago. Core growth declined 3.2% with the balance of 3.9% attributable to negative foreign exchange translation.

    Net income of $73.0 million was a first-quarter record, up 5.0% from last year's record $69.5 million. Record first-quarter diluted earnings per share were $0.57, a 7.5% increase over the $0.53 reported a year ago.

    "The advantage of our deliberate strategic balance between consumer and industrial markets was evident in the quarter as our consumer segment sales and EBIT growth offset continued weakness in our industrial segment. It was a solid quarter for RPM, reflecting the benefits of the aggressive actions we took last year to lower our cost base, resulting in net income that was ahead of last year's record first quarter," stated Frank C. Sullivan, chairman and chief executive officer.

    Consolidated EBIT was a record $120.6 million, an 8.8% improvement over the record EBIT of $110.9 million in the first quarter of fiscal 2009. The company's gross profit margin improved by 200 basis points, while selling, general and administrative expenses as a percent of sales increased 10 basis points on the lower sales volume, yet declined in absolute terms by 6.6%.

    First-Quarter Segment Sales and Earnings

    The company's consumer segment, accounting for 34.5% of consolidated first-quarter sales, posted core growth of 12.5% with a negative foreign exchange impact of 2.6%. Consumer sales rose to $316.2 million from $287.9 million a year ago. Consumer segment EBIT increased 54.1% to $53.3 million in the fiscal 2010 first quarter from $34.6 million in the fiscal 2009 first period.

    "We were pleased to see how well our consumer businesses performed during the quarter. Volume growth, coupled with our aggressive cost reduction actions last year, is producing excellent operating leverage. While overall consumer spending remains modest, it is clear that our low-cost, high-value maintenance, repair and redecoration products are getting more traction across our retail base," Sullivan stated. "Our history of developing innovative products that meet consumers' demand for value at all price points also enabled our consumer businesses to secure share during this past year's market contraction," he stated.

    Sales for RPM's industrial segment, representing 65.5% of the company's consolidated first-quarter sales, declined 14.0% to $599.7 million from $697.6 million a year ago. Core sales growth declined 9.6% and the balance of 4.4% resulted from the negative impact of foreign exchange. Segment EBIT fell 10.3% to $81.9 million from $91.3 million in the fiscal 2009 first quarter.

    "As anticipated, our industrial segment continues to face a depressed commercial construction environment and reduced capital spending in many markets. Despite the lack of top-line growth, the impact of aggressive cost reduction actions, coupled with a more stable raw material environment, enabled our industrial companies to generate sequentially higher EBIT that was well ahead of last year's fourth quarter," stated Sullivan.

    Cash Flow and Financial Position

    During the fiscal 2010 first quarter, cash from operations was a record $52.1 million, compared to negative cash from operations of $12.3 million a year ago. Capital expenditures were $3.3 million in the quarter, down from $12.2 million in the fiscal 2009 first quarter. Depreciation was $15.6 million during the first quarter of fiscal 2010.

    Total debt at August 31, 2009 of $906.7 million compares to $930.8 million at May 31, 2009 and $972.5 million at the end of last year's first quarter. Net (of cash) debt-to-total capital was 34.7%, versus 37.9% at the end of last year's first quarter and 37.2% at the end of the prior fiscal year. Asbestos indemnity and defense cash costs were $18.6 million in the first quarter of fiscal 2010, as compared to $16.0 million a year ago. The company's total accrued asbestos liability was $471.8 million. Liquidity, including cash, was $635.1 million, as compared to $548.0 million a year ago and $622.0 million at May 31, 2009. "Throughout this extraordinary period of capital market volatility, RPM has improved on an already strong capital structure and liquidity position. As a result, we are well prepared to fund operations, pursue acquisitions and continue our dividend program," Sullivan stated.

    Business Outlook

    "Our first-quarter results were better than we anticipated, which certainly gives us a good start to the fiscal year. The sequential increase in sales from the fiscal 2009 fourth quarter of 6.8% is a marked change from previous years where the first quarter is typically lower than the fourth quarter. We see this as a bullish sign of a slowly improving economy. The strength of our first quarter makes us more comfortable that we will be at the higher end of our previously stated guidance of full-year earnings per share growth of 5% to 25% over the adjusted $1.05 earned in fiscal 2009," stated Sullivan.

    Webcast and Conference Call Information

    Management will host a conference call to further discuss these results beginning at 10:00 a.m. EDT today. The call can be accessed by dialing 800-573-4754 or 617-224-4325 for international callers. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins. The call, which will last approximately one hour, will be open to the public, but only financial analysts will be permitted to ask questions. The media and all other participants will be in a listen-only mode.

    For those unable to listen to the live call, a replay will be available from approximately 1:00 p.m. EDT on October 5, 2009 until 11:59 p.m. EDT on October 12, 2009. The replay can be accessed by dialing 888-286-8010 or 617-801-6888 for international callers. The access code is 94758585. The call also will be available both live and for replay, and as a written transcript, via the RPM web site at http://www.rpminc.com/.

    About RPM

    RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings and sealants serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.

    For more information, contact P. Kelly Tompkins, executive vice president - administration and chief financial officer, at 330-273-5090 or ktompkins@rpminc.com.

    This press release contains "forward-looking statements" relating to our business. These forward-looking statements, or other statements made by us, are made based on our expectations and beliefs concerning future events impacting us, and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond our control. As a result, our actual results could differ materially from those expressed in or implied by any such forward-looking statements. These uncertainties and factors include (a) general economic conditions, including uncertainties surrounding the volatility in financial markets, the availability of capital and the effect of changes in interest rates, and the viability of banks and other financial institutions; (b) the prices, supply and capacity of raw materials, including assorted pigments, resins, solvents and other natural gas- and oil-based materials; packaging, including plastic containers; and transportation services, including fuel surcharges; (c) continued growth in demand for our products; (d) legal, environmental and litigation risks inherent in our construction and chemicals businesses and risks related to the adequacy of our insurance coverage for such matters; (e) the effect of changes in interest rates; (f) the effect of fluctuations in currency exchange rates upon our foreign operations; (g) the effect of non-currency risks of investing in and conducting operations in foreign countries, including those relating to domestic and international political, social, economic and regulatory factors; (h) risks and uncertainties associated with our ongoing acquisition and divestiture activities; (i) risks related to the adequacy of our contingent liability reserves, including for asbestos-related claims; and (j) other risks detailed in our filings with the Securities and Exchange Commission, including the risk factors set forth in our Annual Report on Form 10-K for the year ended May 31, 2009, as the same may be updated from time to time. We do not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

    CONSOLIDATED STATEMENTS OF INCOME IN THOUSANDS, EXCEPT PER SHARE DATA (UNAUDITED) Three Months Ended August 31, ------------------ 2009 2008 -------- -------- Net Sales $915,953 $985,465 Cost of sales 522,123 581,876 ------- ------- Gross profit 393,830 403,589 Selling, general & administrative expenses 273,199 292,690 Interest expense 12,797 14,756 Investment (income), net (1,094) (4,170) ------ ------ Income before income taxes 108,928 100,313 Provision for income taxes 35,903 30,796 ------ ------ Net Income $73,025 $69,517 ======= ======= Basic earnings per share of common stock $0.57 $0.55 ===== ===== Diluted earnings per share of common stock $0.57 $0.53 ===== ===== Average shares of common stock outstanding - basic 126,774 124,935 ======= ======= Average shares of common stock outstanding - diluted 127,098 129,426 ======= ======= (a) The above information reflects our June 1, 2009 adoption of FSP EITF 03-6-1, "Determining Whether Instruments Granted in Share-Based Payment Transactions are Participating Securities." Our unvested restricted stock awards pay dividends and therefore qualify as participating securities. In accordance with EITF 03-6-1, Net income, for the purposes of the computations of basic and diluted net income per share of common stock for the three months ended August 31, 2009 and 2008, is reduced by approximately $1.1 million and $0.9 million, respectively, for a presumed hypothetical distribution of earnings to the holders of the unvested restricted stock. SUPPLEMENTAL SEGMENT INFORMATION IN THOUSANDS (UNAUDITED) Three Months Ended August 31, ------------------ 2009 2008 -------- -------- Net Sales: Industrial Segment $599,712 $697,582 Consumer Segment 316,241 287,883 ------- ------- Total $915,953 $985,465 ======== ======== Gross Profit: Industrial Segment $264,672 $291,775 Consumer Segment 129,158 111,814 ------- ------- Total $393,830 $403,589 ======== ======== Income Before Income Taxes (b): Industrial Segment Income Before Income Taxes (b) $81,741 $91,236 Interest (Expense), Net (c) (131) (59) ---- --- EBIT (d) $81,872 $91,295 ======= ======= Consumer Segment Income Before Income Taxes (b) $53,334 $33,265 Interest (Expense), Net (c) (1,342) ------- ------ EBIT (d) $53,334 $34,607 ======= ======= Corporate/Other (Expense) Before Income Taxes (b) $(26,147) $(24,188) Interest (Expense), Net (c) (11,572) (9,185) ------- ------ EBIT (d) $(14,575) $(15,003) ======== ======== Consolidated Income Before Income Taxes (b) $108,928 $100,313 Interest (Expense), Net (c) (11,703) (10,586) ------- ------- EBIT (d) $120,631 $110,899 ======== ======== (b) The presentation includes a reconciliation of Income (Loss) Before Income Taxes, a measure defined by Generally Accepted Accounting Principles (GAAP) in the United States, to EBIT. (c) Interest (expense), net includes the combination of interest (expense) and investment income/(expense), net. (d) EBIT is defined as earnings (loss) before interest and taxes. We evaluate the profit performance of our segments based on income before income taxes, but also look to EBIT as a performance evaluation measure because interest expense is essentially related to corporate acquisitions, as opposed to segment operations. We believe EBIT is useful to investors for this purpose as well, using EBIT as a metric in their investment decisions. EBIT should not be considered an alternative to, or more meaningful than, operating income as determined in accordance with GAAP, since EBIT omits the impact of interest and taxes in determining operating performance, which represent items necessary to our continued operations, given our level of indebtedness and ongoing tax obligations. Nonetheless, EBIT is a key measure expected by and useful to our fixed income investors, rating agencies and the banking community all of whom believe, and we concur, that this measure is critical to the capital markets' analysis of our segments' core operating performance. We also evaluate EBIT because it is clear that movements in EBIT impact our ability to attract financing. Our underwriters and bankers consistently require inclusion of this measure in offering memoranda in conjunction with any debt underwriting or bank financing. EBIT may not be indicative of our historical operating results, nor is it meant to be predictive of potential future results. CONSOLIDATED BALANCE SHEETS IN THOUSANDS August 31, August 31, May 31, 2009 2008 2009 ---------- ---------- ---------- (Unaudited) (Unaudited) Assets Current Assets Cash and cash equivalents $255,840 $201,368 $253,387 Trade accounts receivable 664,711 758,326 661,593 Allowance for doubtful accounts (24,239) (22,626) (22,934) ------- ------- ------- Net trade accounts receivable 640,472 735,700 638,659 Inventories 435,174 509,314 406,175 Deferred income taxes 44,299 37,620 44,540 Prepaid expenses and other current assets 209,432 207,441 210,155 ------- ------- ------- Total current assets 1,585,217 1,691,443 1,552,916 --------- --------- --------- Property, Plant and Equipment, at Cost 1,055,935 1,045,614 1,056,555 Allowance for depreciation and amortization (597,420) (562,461) (586,452) -------- -------- -------- Property, plant and equipment, net 458,515 483,153 470,103 ------- ------- ------- Other Assets Goodwill 860,554 890,211 856,166 Other intangible assets, net of amortization 353,820 370,256 358,097 Deferred income taxes, non- current 82,446 95,461 92,500 Other 87,318 87,641 80,139 ------ ------ ------ Total other assets 1,384,138 1,443,569 1,386,902 --------- --------- --------- Total Assets $3,427,870 $3,618,165 $3,409,921 ========== ========== ========== Liabilities and Stockholders' Equity Current Liabilities Accounts payable $291,658 $338,064 $294,814 Current portion of long-term debt 169,314 7,041 168,547 Accrued compensation and benefits 99,825 96,151 124,138 Accrued loss reserves 75,559 72,002 77,393 Asbestos-related liabilities 75,000 65,000 65,000 Other accrued liabilities 134,002 134,846 119,270 ------- ------- ------- Total current liabilities 845,358 713,104 849,162 ------- ------- ------- Long-Term Liabilities Long-term debt, less current maturities 737,414 965,423 762,295 Asbestos-related liabilities 396,772 478,709 425,328 Other long-term liabilities 195,686 174,545 205,650 Deferred income taxes 28,331 24,472 23,815 ------ ------ ------ Total long-term liabilities 1,358,203 1,643,149 1,417,088 --------- --------- --------- Total liabilities 2,203,561 2,356,253 2,266,250 --------- --------- --------- Stockholders' Equity Preferred stock; none issued Common stock (outstanding 129,097; 129,101; 128,501) 1,291 1,291 1,285 Paid-in capital 794,254 788,315 796,441 Treasury stock, at cost (42,990) (29,691) (50,453) Accumulated other comprehensive income (loss) (3,525) 44,916 (31,557) Retained earnings 475,279 457,081 427,955 ------- ------- ------- Total stockholders' equity 1,224,309 1,261,912 1,143,671 --------- --------- --------- Total Liabilities and Stockholders' Equity $3,427,870 $3,618,165 $3,409,921 ========== ========== ========== CONSOLIDATED STATEMENTS OF CASH FLOWS IN THOUSANDS (UNAUDITED) Three Months Ended August 31, ------------------ 2009 2008 -------- -------- Cash Flows From Operating Activities: Net income $73,025 $69,517 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 15,557 16,385 Amortization 5,449 5,824 Other-than-temporary impairments on marketable securities 118 730 Deferred income taxes 11,370 (2,108) Other 2,018 2,411 Changes in assets and liabilities, net of effect from purchases and sales of businesses: (Increase) decrease in receivables (1,814) 83,267 (Increase) in inventory (28,999) (31,922) (Increase) in prepaid expenses and other current and long-term assets (9,135) (1,259) (Decrease) in accounts payable (3,156) (74,736) (Decrease) in accrued compensation and benefits (24,313) (55,342) (Decrease) increase in accrued loss reserves (1,834) 21 Increase (decrease) in other accrued liabilities 33,410 (1,854) Payments made for asbestos-related claims (18,556) (16,036) Other (1,004) (7,228) ------ ------ Cash From (Used For) Operating Activities 52,136 (12,330) ------ ------- Cash Flows From Investing Activities: Capital expenditures (3,262) (12,199) Acquisition of businesses, net of cash acquired (349) (1,849) Purchase of marketable securities (4,077) (29,924) Proceeds from sales of marketable securities 897 29,110 Other 501 7,910 --- ----- Cash (Used For) Investing Activities (6,290) (6,952) ------ ------ Cash Flows From Financing Activities: Additions to long-term and short-term debt 817 49,373 Reductions of long-term and short-term debt (25,290) (813) Cash dividends (25,701) (24,751) Repurchase of stock (24,585) Exercise of stock options 2,692 1,086 ----- ----- Cash From (Used For) Financing Activities (47,482) 310 ------- --- Effect of Exchange Rate Changes on Cash and Cash Equivalents 4,089 (10,911) ----- ------- Net Change in Cash and Cash Equivalents 2,453 (29,883) Cash and Cash Equivalents at Beginning of Period 253,387 231,251 ------- ------- Cash and Cash Equivalents at End of Period $255,840 $201,368 ======== ========

    RPM International Inc.

    CONTACT: P. Kelly Tompkins, executive vice president - administration
    and chief financial officer, +1-330-273-5090, ktompkins@rpminc.com

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




    Cumberland Pharmaceuticals Announces Presentation of Caldolor Data at American Academy of Pain Management Meeting

    NASHVILLE, Tenn., Oct. 5 /PRNewswire-FirstCall/ -- Cumberland Pharmaceuticals Inc. announced today that data from two key clinical trials for Caldolor®, an intravenous formulation of ibuprofen approved for treatment of pain and fever in adults, will be presented at the American Academy of Pain Management's (AAPM) 20th Annual Clinical Meeting to be held in Phoenix, Ariz., on October 8-11, 2009.

    Data from the following clinical trials of Caldolor will be displayed in poster presentations on Saturday, October 10, 2009, from 1:30-3:00 pm Mountain Time:

    -- A phase III dose ranging pain study entitled "A Multicenter, Randomized, Double-Blind, Placebo-Controlled Trial of Intravenous Ibuprofen for the Management of Postoperative Pain in Adults" will be presented by principal author, Stephen R. Southworth, MD, FACS (study 008A, poster #49). -- A phase III abdominal hysterectomy pain study entitled "A Multicenter, Randomized, Double-Blind, Placebo-Controlled Trial of Intravenous Ibuprofen for the Management of Postoperative Pain in Adults," authored by Peter Kroll, M.D., will be presented by co-author Laura Meadows, BC, CRCC (study 008B, poster #50).

    In conjunction with the presentations, copies of the posters will be available on Cumberland's website at http://investor.shareholder.com/cpix/events.cfm, or by contacting the Company at 615-255-0068.

    SOURCE: Cumberland Pharmaceuticals Inc. About Caldolor

    Caldolor is indicated for the management of mild to moderate pain and management of moderate to severe pain as an adjunct to opioid analgesics, and for the reduction of fever in adults. It is the first FDA approved intravenous therapy for fever. Caldolor is contraindicated in patients with known hypersensitivity to ibuprofen or other NSAIDs, patients with asthma, urticaria, or allergic type reactions after taking aspirin or other NSAIDs. Caldolor is contraindicated for use during the peri-operative period in the setting of coronary artery bypass graft (CABG) surgery. Caldolor should be used with caution in patients with prior history of ulcer disease or GI bleeding, in patients with fluid retention or heart failure, in the elderly, those with renal impairment, heart failure, liver impairment, and those taking diuretics or ACE inhibitors. Blood pressure should be monitored during treatment with Caldolor. For full prescribing information, visit http://www.caldolor.com/.

    About Cumberland Pharmaceuticals

    Cumberland Pharmaceuticals Inc. is a Tennessee-based specialty pharmaceutical company focused on the acquisition, development and commercialization of branded prescription products. The Company's primary target markets include hospital acute care and gastroenterology. Cumberland markets Acetadote® for the treatment of acetaminophen poisoning and Kristalose®, a prescription laxative. The Company also recently received FDA approval for Caldolor®, the first injectable treatment for pain and fever available in the United States, and has now completed the commercial launch of that product. Cumberland is dedicated to providing innovative products which improve quality of care for patients. The Company recently completed the initial public offering of its common stock.

    For more information on Cumberland Pharmaceuticals, please visit http://www.cumberlandpharma.com/.

    Cumberland Pharmaceuticals Inc.

    CONTACT: Investors, Angela Novak of Cumberland Pharmaceuticals,
    +1-615-255-0068, investors@cumberlandpharma.com; or Media, Paula Lovell of
    Lovell Communications Inc., +1-615-297-7766, lovell@lovell.com, for Cumberland
    Pharmaceuticals

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




    AAR to Provide KC-10 Supply Chain Support as Member of Northrop Grumman Team

    WOOD DALE, Ill., Oct. 5 /PRNewswire-FirstCall/ -- AAR announced today that it has been selected to provide supply chain services and logistics support as a member of the Northrop Grumman team on the KC-10 Extender Contractor Logistics Support (CLS) program. AAR's portion of the indefinite delivery/indefinite quantity contract is valued at approximately $600 million over nine years.

    As a Northrop Grumman team member, AAR will provide an integrated supply chain program to support the ongoing maintenance and operations of the KC-10 program from facilities and air bases in the U.S. and overseas. The announcement was made following U.S. Air Force's selection of Northrop Grumman as the prime contractor for comprehensive depot maintenance and logistics for the U.S. Air Force's fleet of 59 KC-10 air refueling aircraft.

    "This award builds upon the excellent relationship and reputation we've established with Northrop Grumman in providing supply chain solutions in support of the U.S. Air Force JSTARS and U.K. MoD E-3D Sentry programs," said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. "We look forward to extending our strategic partnership with Northrop Grumman while providing outstanding support, contributing to the efficient operations, readiness and sustainment of the KC-10 program."

    AAR's role on the Northrop Grumman team is to provide supply chain services that include strategic planning, parts procurement, distribution and repair to ensure aircraft availability and efficient operations while shortening maintenance lead times and minimizing downtime.

    AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and government/defense customers through three operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; and Structures and Systems. More information can be found at http://www.aarcorp.com/.

    This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled "Risk Factors", included in the Company's May 31, 2009 Form 10-K. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company's control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR's filings with the Securities and Exchange Commission.

    AAR

    CONTACT: Chris Mason, Director, Corporate Communications of AAR,
    +1-630-227-2062, chris.mason@aarcorp.com

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




    K. Hovnanian Enterprises, Inc. Announces New Senior Secured Notes Offering

    RED BANK, N.J., Oct. 5 /PRNewswire-FirstCall/ -- Hovnanian Enterprises, Inc. (the "Company") announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. ("K. Hovnanian"), plans to issue an aggregate principal amount of up to $775 million of senior secured notes due 2016 (the "Notes") in a private placement. In conjunction with the closing of the Notes offering, K. Hovnanian expects to consummate its previously announced tender offers and consent solicitations (the "Tender Offers") for its outstanding senior secured notes and certain series of senior unsecured notes and terminate its existing revolving credit facility and enter into certain letter of credit agreements.

    The Notes and the guarantees thereof by the Company and certain of its subsidiaries will be secured on a first-priority lien basis on substantially all the assets owned by K. Hovnanian and the guarantors, subject to permitted liens and certain exceptions.

    K. Hovnanian intends to use the net proceeds from the offering of the Notes together with cash on hand to fund the Tender Offers commenced pursuant to the Offer to Purchase and Consent Solicitation Statement dated September 21, 2009, as amended, and to pay related fees and expenses. Any excess proceeds will be used for additional debt repurchases from time to time and/or for general corporate purposes.

    The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"). The Notes may not be offered or sold within the United States or to U.S. persons, except to "qualified institutional buyers" in reliance on the exemption from registration provided by Rule 144A and to certain persons in offshore transactions in reliance on Regulation S. You are hereby notified that sellers of the Notes may be relying on the exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A. This announcement does not constitute an offer to sell or the solicitation of an offer to buy Notes in any jurisdiction in which such an offer or sale would be unlawful.

    About Hovnanian Enterprises

    Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation's largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. The Company's homes are marketed and sold under the trade names K. Hovnanian® Homes®, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town & Country Homes, Oster Homes, First Home Builders of Florida and CraftBuilt Homes. As the developer of K. Hovnanian's® Four Seasons communities, the Company is also one of the nation's largest builders of active adult homes.

    Forward-Looking Statements

    All statements in this press release that are not historical facts should be considered as "forward-looking statements". Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to, (1) changes in general and local economic and industry and business conditions, (2) adverse weather conditions and natural disasters, (3) changes in market conditions and seasonality of the Company's business, (4) changes in home prices and sales activity in the markets where the Company builds homes, (5) government regulation, including regulations concerning development of land, the home building, sales and customer financing processes, and the environment, (6) fluctuations in interest rates and the availability of mortgage financing, (7) shortages in, and price fluctuations of, raw materials and labor, (8) the availability and cost of suitable land and improved lots, (9) levels of competition, (10) availability of financing to the Company in order to satisfy the financing condition for the Tender Offers, (11) utility shortages and outages or rate fluctuations, (12) levels of indebtedness and restrictions on the Company's operations and activities imposed by the agreements governing the Company's outstanding indebtedness, (13) operations through joint ventures with third parties, (14) product liability litigation and warranty claims, (15) successful identification and integration of acquisitions, (16) significant influence of the Company's controlling stockholders, (17) geopolitical risks, terrorist acts and other acts of war and (18) other factors described in detail in the Company's Annual Report on Form 10-K for the year ended October 31, 2008 and Quarterly Reports on Form 10-Q for the quarters ended January 31, 2009, April 30, 2009 and July 31, 2009. Except as otherwise required by applicable securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason.

    Hovnanian Enterprises, Inc.

    CONTACT: J. Larry Sorsby, Executive Vice President & CFO,
    +1-732-747-7800, or Jeffrey T. O'Keefe, Director of Investor Relations,
    +1-732-747-7800, both of Hovnanian Enterprises, Inc.

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




    Hovnanian Announces Completion of Early Tender Period, Receipt of Requisite Consents in Its Tender Offers and Amendment to the Tender Offer in Respect of Unsecured Notes

    RED BANK, N.J., Oct. 5 /PRNewswire-FirstCall/ -- Hovnanian Enterprises, Inc. (the "Company") announced today that in connection with the previously announced tender offers and consent solicitations (the "Tender Offers" and "Consent Solicitations") by its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. ("K. Hovnanian"), the early tender period in respect of each of the Tender Offers expired at 5:00 p.m., New York City time, on October 2, 2009 (the "Early Tender Date"). Holders of notes listed below ("Notes") who validly tendered and did not validly withdraw their Notes on or prior to the Early Tender Date, will, if their Notes are accepted for purchase, be entitled to receive the applicable total consideration, which includes an early tender consideration of $50 for each $1,000 principal amount of Notes validly tendered on or before the Early Tender Date and accepted in the applicable Tender Offer.

    The following table shows the amount of Notes validly tendered and not validly withdrawn, by series, at the Early Tender Date:

    Title of Outstanding Principal Amount Percentage of Acceptance Security Principal Tendered as of Outstanding Priority Amount(1) Early Tender Notes Level Date Tendered --------- ----------- ---------------- ------------- ---------- Secured Notes ------------- 11-1/2% Senior Secured Notes due 2013 $600,000,000 $589,227,000 98.2% N/A 18% Senior Secured Notes due 2017 $29,299,000 $17,597,000 60.1% N/A Unsecured Notes --------------- 8% Senior Notes due 2012 $43,500,000 $7,826,000 18.0% 1 6-1/2% Senior Notes due 2014 $144,000,000 $60,206,000 41.8% 2 6-3/8% Senior Notes due 2014 $114,300,000 $26,054,000 22.8% 3 6-1/4% Senior Notes due 2015 $129,300,000 $36,632,000 28.3% 4 7-1/2% Senior Notes due 2016 $172,500,000 $64,523,000 37.4% 5 6-1/4% Senior Notes due 2016 $173,200,000 $75,129,000 43.4% 6 (1) As of July 31, 2009.

    As previously announced, K. Hovnanian will, subject to satisfaction of the Tender Offer conditions, purchase for cash (i) any and all of its outstanding 2013 Secured Notes (the "2013 Secured Notes") (the "2013 Secured Notes Tender Offer") and (ii) any and all of its outstanding 2017 Secured Notes (the "2017 Secured Notes" and, together with the 2013 Secured Notes, the "Secured Notes") (the "2017 Secured Notes Tender Offer" and, together with the 2013 Secured Notes Tender Offer, the "Secured Notes Tender Offers"), and will purchase 8% Senior Notes due 2012, 6-1/2% Senior Notes due 2014, 6-3/8% Senior Notes due 2014, 6-1/4% Senior Notes due 2015, 7-1/2% Senior Notes due 2016 and 6-1/4% Senior Notes due 2016 (collectively, the "Unsecured Notes"), based on the acceptance priority levels shown in the table above, up to an amount that will require K. Hovnanian to spend the maximum aggregate payment amount (the "Maximum Payment Amount") of $100.0 million (the "Unsecured Notes Tender Offer," as amended by the Supplement described below).

    K. Hovnanian also announced that it has received consents (coupled with tenders) from holders of a majority in principal amount of each series of its Secured Notes to adopt the proposed amendments to the respective series of Secured Notes. It is expected that supplemental indentures effecting the proposed amendments will be executed shortly but such proposed amendments will only become operative simultaneously upon the acceptance for payment of all Secured Notes of such series that are validly tendered (and not previously withdrawn). K. Hovnanian further announced that withdrawal rights in the Secured Notes Tender Offers expired on the Early Tender Date.

    In addition, K. Hovnanian announced that it is amending its Offer to Purchase and Consent Solicitation Statement, dated September 21, 2009 (as previously amended and as it may be further amended from time to time, the "Statement") with respect to the Unsecured Notes Tender Offer only. Pursuant to this amendment, K. Hovnanian is (i) decreasing the Maximum Payment Amount to $100.0 million from the previous amount of $130.0 million, which means that K. Hovnanian is offering to purchase the maximum aggregate principal amount of properly tendered and accepted outstanding Unsecured Notes that it may purchase for an aggregate consideration that is less than or equal to the Maximum Payment Amount of $100.0 million and (ii) amending the time period for withdrawal rights of holders of Unsecured Notes to three business days from the date of this amendment, which will be 12:00 midnight, New York City time, on October 7, 2009.

    Each Tender Offer will expire at 12:00 midnight, New York City time, on October 19, 2009, unless extended or earlier terminated (with respect to each Tender Offer, the "Expiration Date"). Holders of Notes who have not already tendered their Notes may do so at any time on or prior to 12:00 midnight, New York City time, on October 19, 2009, but such holders will only be eligible to receive the applicable tender offer consideration, which is an amount, paid in cash, equal to the applicable total consideration less the applicable early tender consideration, for their Notes.

    K. Hovnanian has prepared a supplement (the "Supplement") to the Statement with respect to the amendments described above. The Tender Offers and Consent Solicitations relating to the Notes are being made upon the terms and conditions set forth in the Statement and the related Consent and Letter of Transmittal (as amended and supplemented, the "Letter of Transmittal," and together with the Statement, the "Offer Documents"). The terms and conditions of the Tender Offers and Consent Solicitations, except as otherwise modified pursuant to the Supplement, remain the same. Further details about the terms and conditions of the Tender Offers and Consent Solicitations are set forth in the Offer Documents.

    K. Hovnanian reserves the right, in its sole discretion, to further modify the terms of any of the Tender Offers, or to waive or modify any one or more of the conditions thereto, in whole or in part, at any time on or before the Expiration Date of such Tender Offer.

    K. Hovnanian has retained Credit Suisse Securities (USA) LLC ("Credit Suisse") to serve as dealer manager for the Tender Offers and as solicitation agent for the Consent Solicitations, and Bondholder Communications Group ("BCG") to serve as the information and tender agent. Copies of the Offer Documents, including the Supplement, may be obtained from BCG at (888) 385-2663 (toll free). Questions regarding the Tender Offers and Consent Solicitations may be directed to Credit Suisse at (800) 820-1653 (toll free) or (212) 538-1862 (collect).

    This press release does not constitute an offer to purchase or a solicitation of any offer to sell the Notes or any other securities. The Tender Offers and Consent Solicitations are being made solely by the Offer Documents.

    About Hovnanian Enterprises

    Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation's largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. The Company's homes are marketed and sold under the trade names K. Hovnanian® Homes®, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town & Country Homes, Oster Homes, First Home Builders of Florida and CraftBuilt Homes. As the developer of K. Hovnanian's® Four Seasons communities, the Company is also one of the nation's largest builders of active adult homes.

    Forward-Looking Statements

    All statements in this press release that are not historical facts should be considered as "forward-looking statements". Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to, (1) changes in general and local economic and industry and business conditions, (2) adverse weather conditions and natural disasters, (3) changes in market conditions and seasonality of the Company's business, (4) changes in home prices and sales activity in the markets where the Company builds homes, (5) government regulation, including regulations concerning development of land, the home building, sales and customer financing processes, and the environment, (6) fluctuations in interest rates and the availability of mortgage financing, (7) shortages in, and price fluctuations of, raw materials and labor, (8) the availability and cost of suitable land and improved lots, (9) levels of competition, (10) availability of financing to the Company in order to satisfy the financing condition for the Tender Offers, (11) utility shortages and outages or rate fluctuations, (12) levels of indebtedness and restrictions on the Company's operations and activities imposed by the agreements governing the Company's outstanding indebtedness, (13) operations through joint ventures with third parties, (14) product liability litigation and warranty claims, (15) successful identification and integration of acquisitions, (16) significant influence of the Company's controlling stockholders, (17) geopolitical risks, terrorist acts and other acts of war and (18) other factors described in detail in the Company's Annual Report on Form 10-K for the year ended October 31, 2008 and Quarterly Reports on Form 10-Q for the quarters ended January 31, 2009, April 30, 2009 and July 31, 2009. Except as otherwise required by applicable securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason.

    Hovnanian Enterprises, Inc.

    CONTACT: J. Larry Sorsby, Executive Vice President & CFO,
    +1-732-747-7800, or Jeffrey T. O'Keefe, Director of Investor Relations,
    +1-732-747-7800, both of Hovnanian Enterprises, Inc.

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




    Lihua International Retains The Piacente Group as Strategic Investor Relations Consulting Firm

    DANYANG, China, Oct. 5 /PRNewswire-Asia/ -- Lihua International, Inc., ("Lihua" or the "Company"), a leading Chinese producer of superfine and magnet wire, today announced that it has retained The Piacente Group, Inc. ("TPG"), a full service investor relations consulting firm based in New York and Beijing. TPG will assist Lihua in implementing investor communications and Wall Street outreach programs aimed at making new connections in the financial community for the Company.

    As of Monday, September 28, 2009, Lihua was ranked the No. 1 performing IPO in 2009 with a 136.5% increase in stock price since its $4.00 IPO pricing on September 3, 2009.

    "As we make the transition to a public Company and enter the next phase of Lihua's growth and expansion, we recognize the importance of effective, proactive communication with the investment community both in the U.S. and China," said Jianhua Zhu, Chairman and Chief Executive Officer of Lihua. "TPG's strong relationships on Wall Street and wealth of experience supporting the communications efforts of China-based companies listed on U.S. stock exchanges make TPG an ideal partner. We look forward to working with our dedicated TPG team as we move ahead."

    Brandi Piacente, President of TPG, added, "We are delighted to represent Lihua on the heels of their successful IPO. As one of the fastest growing companies in China, Lihua offers an exciting and compelling investment story with a strong track record of revenue and earnings growth, industry leading products and a proven management team. We look forward to helping Lihua communicate their strong value proposition and supporting management in their efforts to build shareholder value as the Company continues to grow its business."

    About Lihua International, Inc.

    Lihua International, through its two wholly-owned subsidiaries, Lihua Electron and Lihua Copper, is a leading value-added manufacturer of copper replacement products for China's rapidly growing magnet and fine wire market. Lihua is one of the first vertically integrated companies in China to develop, design, manufacture, market and distribute lower cost, high quality, alternatives to pure copper magnet wire. Lihua's products include copper-clad aluminum wire ("CCA") and recycled scrap copper wire and are sold in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries. Lihua's corporate and manufacturing headquarters are located in the heart of China's copper industry in Danyang, Jiangsu Province. http://www.lihuaintl.com/

    Lihua International, Inc.

    CONTACT: Investors, Kristen McNally, or Brandi Floberg, +1-212-481-2050,
    lihua@tpg-ir.com, both of The Piacente Group, Inc. for Lihua International,
    Inc.

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




    Ambitech Adds AVEVA Laser Model Interface to its Project Suite

    HOUSTON, October 5 /PRNewswire-FirstCall/ -- AVEVA Group plc , the leading provider of plant design and engineering lifecycle solutions, today announced that Ambitech has added AVEVA Laser Model Interface to its project execution portfolio. AVEVA Laser Model Interface combines the power of AVEVA PDMS and AVEVA Outfitting design environments with advanced third-party laser modeling systems to bring massive benefits to plant engineering and operation companies.

    Ambitech is a diversified, single-source provider of engineering, design, procurement, and project and construction management services. They are also a long-time PDMS user and project execution technology pioneer. Designed into the very heart of AVEVA's PDMS and Outfitting applications, Laser Model Interface will allow Ambitech to fuse state-of-the-art, data-centric 3D design with high-definition scanning of the real world.

    "We expect to see immediate benefits through the integration of point cloud data into the AVEVA PDMS 3D modeling environment thereby eliminating wasteful and error-prone intermediate remodelling," said Anthony Fumarolo of Ambitech.

    The AVEVA Laser Model Interface can help reduce the number of steps for utilizing as-built data in conjunction with PDMS. Its benefits include:

    - Reduced risk: hazardous locations can be surveyed safely and quickly and site risks are minimized. Commercial risk is lessened and the most demanding brownfield projects and marine conversions can be tackled with maximum confidence in the as-built model. - Improved project speed: site survey times can typically be halved. Integration with PDMS eliminates intermediate remodeling, allowing Overall design time to be reduced by up to 10 percent. - Enhanced quality: accurate, high definition surveying allows "right first time" design and less rework. - Decreased cost and downtime: accurate design means less onsite fabrication, lower installation cost and less down time.

    "While computing technology has transformed the design and engineering of new plant and equipment, retrofits and upgrades of existing plants has remained a challenge due to the lack of availability of as-built plant data" said Derek Middlemas, Group Operations Director, AVEVA. "Through embracing modern approaches to capturing as-built data and integrating with design and asset management solutions, AVEVA as-built data tools such as AVEVA Laser Model Interface allow for significant increases in productivity over existing workflows. Companies such as Ambitech can see the benefits of using these modern workflows to tackle traditional problems".

    About Ambitech

    Ambitech - a diversified, single-source provider of engineering, design, procurement, and project and construction management services - provides high-quality, high-value service to the global process and heavy manufacturing industries. For over 25 years, we have attracted and retained some of the most talented, creative, and gifted engineers, designers, procurement specialists, and project and construction managers in the industry...each expert in their field and in their industry and each dedicated to our client's success.

    About AVEVA Group Plc

    AVEVA is trusted around the world to deliver engineering IT solutions with strategic value to leading companies in the plant and marine industries. For further information please visit http://www.aveva.com/ or http://www.aveva.com/ednotes

    (c) AVEVA Solutions Ltd and its subsidiaries 2009. All product names mentioned are the trademarks of their respective holders.

    Media Contacts: Jennifer Lozier Head of Marketing for AVEVA Americas AVEVA Inc. Tel: +1-(832)-204-5597 Jennifer.Lozier@aveva.com

    AVEVA Inc

    CONTACT: Media Contacts: Jennifer Lozier, Head of Marketing for AVEVA
    Americas, AVEVA Inc., Tel: +1-(832)-204-5597, Jennifer.Lozier@aveva.com




    Playtech's Hit Games Package Hits the Market!

    DOUGLAS, Isle of Man, October 5 /PRNewswire-FirstCall/ -- Playtech, the world's largest interactive gaming provider, is pleased to announce the release of a brand new games package comprised of 16 new innovative and exciting games.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20090929/360954 )

    The launch includes two thrilling new slot games based on iconic Marvel movies characters: The Incredible Hulk, and Iron Man, each packed with a range of special features and proven mass-market appeal.

    A brand new Playtech offering also featured in the latest games release is our original Scratch Card Series. All available in flash, the Scratch Cards appeal to everyone from the romantics who will fall on love with Love Match to the sports fanatics who are sure to get a kick out of Football Mania as well as fans of the traditional casino classics such as Roulette Scratch and Black Jack Scratch. The games boast first-class graphic quality and sky high win rates. Available as a stand-alone offering, or as part of the casino, the games are also available in play for fun mode on affiliate sites leading the players directly to your casino.

    Another exciting new addition to the games palette is 3D Roulette. As real as it gets, this game transports the player to the casino floor with professional dealer voices and first class 3D animation. A main view of the wheel places the player at the center of this riveting version of the classic game with its advanced graphics, high quality sound and real spin.

    Enhancements to the Premium Roulette Series, that includes the all-American, classic French, exclusive Pro, and traditional European versions of the game, create a sophisticated gaming environment geared to high rollers, while a pre-definable timer and double betting table coverage ensure a stronger performance. The quality and speed of the game reactions, the real spin and the new dealer voices create intense, real-to-life action. Every step of play is entirely in line with casino experience setting new standards with its heightened level of authenticity.

    We are also leading the industry into new territory, with the first ever full 3D Fixed Odds Game, Knockout. Players enter the ring and feel the thrill of the fight as they take their aim and challenge the champ with the total 3D experience in this popular themed game with advanced animation and realistic audio.

    Shahar Sella, Head of Casino, states: "Playtech is a forward thinking company, dedicated to the continued development of our brand so that we can meet the future needs of the ever-evolving gaming market. This latest game package is a prime example of our commitment to quality and originality, designed to enthrall the player and boost our clients' profitability."

    About Playtech

    Playtech develops unified software platforms for the online gambling industry, primarily targeting existing online operators wanting to upgrade their system; sportsbooks looking to diversify and land-based operators making their online and server supported debut. Playtech gaming applications - online casino, poker, bingo, live gaming, broadcast gaming and fixed-odds games - are fully inter-compatible and can be freely incorporated as stand-alone applications, accessed and funded by players through the same user account and managed by the operator by means of a single powerful management interface. Founded in 1999, Playtech has over 800 personnel distributed globally, around eighty percent of whom are engaged in research and development of current and future gaming technologies.

    Website: http://www.playtech.com/ Contact: Mr Mor Weizer, Chief Executive Officer Phone: +44-1624645999 Website: http://www.playtech.com/ Email: info@playtech.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20090929/360954 Playtech

    CONTACT: Contact: Mr Mor Weizer, Chief Executive Officer, Phone:
    +44-1624645999, Email: info@playtech.com




    Television Personality Lisa Ling and Dr. Paul Song Host Special Media Open House For First Energy Neutral Home in Santa Monica, CAEcoBlu Products used in Green Home Design

    CARLSBAD, CA, Oct. 2 /PRNewswire-FirstCall/ -- EcoBlu Products, Inc., (OTCBB:ECOB) announced today that its products are being used in the construction of the first energy neutral home in Santa Monica, California for TV personality Lisa Ling and her husband Dr. Paul Song. Local and national media outlets were invited to tour the home site to learn about the many green aspects of the project.

    Ms. Ling, Dr. Song, and principal designer Marco DiMaccio are creating a structure that combines international design sensibilities with some of the latest eco-friendly, forward thinking Green technologies. EcoBlu products utilizing BLUWOOD(TM) technology are being used in the framing of the home.

    "We are proud to be involved in this unique project with Lisa, Paul and Marco. EcoBlu products were able to satisfy all of the requirements they had for wood components including fire resistance utilizing Hartindo's Af21, mold and termite resistance, and the sustainability of a life-long wood product," said Steve Conboy, President and CEO of EcoBlu Products, Inc.

    "As we learned more and more about the Bluwood technology, we were extremely pleased to find that it provided us with a non-toxic, water repellant, mold resistant, flame retardant, and termite proof solution. We were so impressed that not only did we decide to incorporate it into our green home, but also decided to invest in the company," said home owners Lisa Ling and Paul Song.

    Ms. Ling and Dr. Song are committed to the promotion of Green building systems and are interested in doing their part to develop public awareness for this project and the systems and products that are being implemented in its construction.

    To view the news videos go to: http://www.youtube.com/ecobluproducts http://abclocal.go.com/kabc/video?id=7045807 About EcoBlu Products, Inc.

    EcoBlu Products, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, rot, decay, termites and value added fire. EcoBlu products utilizing BLUWOOD(TM) technology is the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings.

    The Company is committed to the development, marketing and sales of environmentally-responsible building materials. EcoBlu products are ready to deliver the winning edge to builders and the environment with its sustainable green product line.

    Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of EcoBlu Products, Inc. common stock and the ability to obtain the necessary financing.

    CONTACT: Company Contact: EcoBlu Products, Inc., 909 West Vista Way, Vista, California, 92083, Phone: 1-888-722-5893, Email: info@ecobluproducts.com, Web Site: http://www.ecobluproducts.com/, Blog: http://blog.ecobluproducts.com/; Visit us on YouTube at: http://www.youtube.com/ecobluproducts

    EcoBlu Products, Inc.

    CONTACT: Company Contact: EcoBlu Products, Inc., 909 West Vista Way,
    Vista, California, 92083, Phone: 1-888-722-5893, Email:
    info@ecobluproducts.com, Web Site: http://www.ecobluproducts.com/, Blog:
    http://blog.ecobluproducts.com/; Visit us on YouTube at:
    http://www.youtube.com/ecobluproducts




    Ritchie Bros. Maryland auction draws bidders from around world

    NORTH EAST, MD, Oct. 5 /PRNewswire-FirstCall/ -- On-site bidders from as far away as Australia, Africa and Panama purchased equipment from the almost US$23 million unreserved public auction conducted by Ritchie Bros. Auctioneers (NYSE and TSX: RBA) in North East, Maryland last week (September 30 & October 1, 2009). Ritchie Bros. (http://www.rbauction.com/), the world's largest industrial auctioneer, sold more than 2,650 heavy equipment items and trucks over two days, attracting more than 2,530 on-site and online bidders from 40 countries, including all 50 U.S. states. Online bidders purchased more than US$5 million of equipment (23% of the total).

    "Being in close proximity to half a dozen ports, our North East auction site has become an international hub for equipment buyers," said Kevin Kobus, Ritchie Bros. Area Manager. "We had a very large, multinational crowd here at the auction site, with active online participation, and that competitive bidding resulted in stronger prices than we've seen in recent auctions here in North East. Reaching a global buying audience is especially important for our customers right now, with demand for construction equipment and trucks down in this region."

    H. L. Wiker Inc. was one of more than 300 consignors to the North East auction. The Lancaster, Pennsylvania-based excavation company sold more than 20 heavy equipment items at the auction; some of that equipment went to buyers from Kenya, Thailand and Peru.

    "The returns from the auction exceeded our expectations," said company co-owner and vice president Jeff Wiker. "We feel very comfortable working with Ritchie Bros. We have excellent relationships with our local representatives; they value our business and share our values. That's the main reason we chose to sell through them. But we also know that we're not limited to the local market with Ritchie Bros.; they reach that worldwide audience, and I'm sure that's why we saw the results we did."

    There are 73 unreserved public auctions on the Ritchie Bros. auction calendar at http://www.rbauction.com/, including the Company's next auction at its permanent auction site in North East on December 16 & 17, 2009.

    About Ritchie Bros.

    Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. The Company has over 110 locations in more than 25 countries, including 39 auction sites worldwide. Ritchie Bros. sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. The Company maintains a web site at http://www.rbauction.com/ and sponsors an equipment wiki at http://www.ritchiewiki.com/.

    Investors and potential investors should note that this information may not be indicative of the overall financial performance of the Company for this or any period.

    Ritchie Bros. Auctioneers

    CONTACT: Kim Schulz, Manager, Corporate Communications, Ritchie Bros.
    Auctioneers, Mobile: (604) 788-5379 or email: kschulz@rbauction.com; Or Kevin
    Kobus, Area Manager, Ritchie Bros. Auctioneers, North East auction site tel:
    (410) 287-4330




    State of Rhode Island Set to Save over $1 Million on Natural Gas Costs with World EnergyFirm's Auction Technology and Market Expertise Give the State An Edge in Strategic Energy Procurement

    PROVIDENCE, RI and WORCESTER, MA, Oct. 5 /PRNewswire-FirstCall/ -- World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, today announced the State of Rhode Island has successfully procured over 5 million Dth of natural gas over the World Energy Exchange(R). The 36-month contract, which commences November 1, 2009, is projected to deliver over $1 million in budget savings to the State.

    World Energy held the competitive pricing event on September 29th, running online auctions that attracted multiple suppliers and helped the State secure an attractive basis rate. Working closely with Rhode Island's procurement team, World Energy structured the auctions to meet the State's needs, addressing various account classes, market variables and risk tolerances. The resulting gas contract will be used to meet a portion of the State's total firm requirements at its many Department of Administration buildings, Court systems and other State accounts, including the University of Rhode Island and T.F. Green Airport.

    "At a time when every dollar counts, our decision to engage with World Energy for energy procurement services is paying dividends for the State," said Gary Sasse, Director, Department of Administration at the State of Rhode Island. "Along with the cost savings this procurement yielded, we are particularly pleased with the market intelligence and team approach World Energy has brought to the process, saving us time and resources while making the procurement more efficient. As a next step, we look forward to working with World Energy to hone our risk strategy and manage commodity cost."

    Added Jonathan Harvey, Vice President, Government, at World Energy: "Ninety percent of running a successful online auction is in the preparation, i.e., understanding the customer and market, engaging suppliers, and structuring the actual event to maximize its success. We are glad we had the opportunity to apply our extensive experience in both government and natural gas procurement to help the State of Rhode Island meet its energy and budget needs, and look forward to further developing our relationship with the State."

    About World Energy Solutions, Inc.

    World Energy (NASDAQ: XWES; TSX: XWE) operates online exchanges for energy and green commodities. For buyers and sellers of electricity, natural gas, capacity, and green- energy assets who are impacted by today's volatile markets, World Energy's proven approach has transformed the normally complex procurement process into a powerful, streamlined vehicle for cost savings. In addition to enabling customers to seek competitive pricing on traditional energy commodities, World Energy is taking a leadership position in the emerging environmental-commodities markets. Its award-winning World Green Exchange(R) supports the ground-breaking Regional Greenhouse Gas Initiative's (RGGI) cap and trade program for CO2 emissions. For more information, please visit http://www.worldenergy.com/.

    This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to: our revenue is dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; we depend on a small number of key energy consumers, suppliers and channel partners; there are factors outside our control that affect transaction volume in the electricity market; and there are other factors identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.

    World Energy Solutions, Inc.

    CONTACT: Investor Relations: Phil Adams, World Energy Solutions, Inc.,
    (508) 459-8100, padams@worldenergy.com; or Craig Armitage, The Equicom Group,
    (416) 815-0700 x278, carmitage@equicomgroup.com; Media Relations: Dan Mees,
    World Energy Solutions, Inc., (508) 459-8156, dmees@worldenergy.com; or Amy
    Kempe, State of Rhode Island, (401) 222-8290, akempe@gov.state.ri.us




    BIOREM awarded $720,000 biofiltration project

    GUELPH, ON, Oct. 5 /PRNewswire-FirstCall/ -- BIOREM Inc. ("Biorem" or "the Company") (TSX-V: BRM) announced today that it has been awarded an advanced biofiltration project valued at $720,000. Under the terms of the agreement, Biorem will supply a two-stage air emissions control system ("the System") to remove the odorous compounds from the air at a municipal wastewater treatment facility located in southern British Columbia. The System, which includes a biotrickling filter followed by a biofilter with Biorem's permanent XLD media, is expected to treat approximately 9,000 cubic meters of complex contaminated air sources per hour. The System is expected to be fully operational in the second quarter of 2010.

    "Odor and emissions control is increasingly becoming a key consideration for municipal and industrial companies, as air quality at the boundary of the site becomes progressively more regulated by legislators," said Peter Bruijns, President and CEO. "We are pleased by this contract win and are excited by the opportunity to increase our footprint in western Canada. We believe that this new project is further evidence of the market's recognition of Biorem as a leader in odor control in North America and in the quality and efficiency of our systems."

    About BIOREM Inc.

    BIOREM designs and manufactures air emission control systems, including biofiltration and biotrickling systems that safely remove harmful contaminants such as Hydrogen Sulfide, Reduced Sulfur compounds, and Volatile organic Compounds from the air. Our systems are environmentally friendly, clean and sustainable all the while reducing greenhouse gas emissions. With more than 600 installed systems worldwide, continued extensive research efforts and over 15 years of experience, BIOREM not only offers state-of-the-art technology-based products but also peace of mind for municipalities and industrial companies and their surrounding communities. Additional information on BIOREM is available on our website at http://www.biorem.biz/.

    ------------------------------------------------------------------------- Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements

    This press release contains forward-looking statements based on current expectations. These forward-looking statements contain various risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Risks and uncertainties about the Company's business are more fully discussed in the disclosure materials, financial statements and MD&A filed with the securities regulatory authorities in Canada on http://www.sedar.com/

    Non-GAAP Measures

    "Order Bookings" and "Order Backlog" do not have any standardized meaning prescribed by Canadian generally accepted accounting principles ("GAAP") and may not be comparable to measures presented by other companies.

    Order Bookings and Order Backlog are non-GAAP measures that the Company uses to evaluate its sales performance. Order Bookings are those binding contracts that the Company enters into with a third party for the delivery of our products or services. As Order Bookings are received, the contract value (before any associated sales taxes) is included in the Order Backlog. The Order Backlog is reduced by the revenue that is recognized on each project.

    Biorem Inc.

    CONTACT: Ed Corbett, Chief Financial Officer, BIOREM Technologies Inc.,
    ecorbett@biorem.biz, Tel: (519) 767-9100 x275; Adriana Braczek, Investor
    Relations, The Equicom Group Inc., abraczek@equicomgroup.com, Tel: (416)
    815-0700 x240




    Legg Mason Re-Brands and Consolidates Two Fund Families- Creates a Single Legg Mason Fund Family -

    BALTIMORE, Oct. 5 /PRNewswire-FirstCall/ -- Legg Mason today announced that it has re-branded and simplified its retail-oriented fund families into one Legg Mason branded fund family. The new naming convention is effective today.

    Most funds that were formerly named Legg Mason or Legg Mason Partners will now include the Legg Mason name, the name of the investment affiliate and the Fund's strategy (such as the Legg Mason ClearBridge Appreciation Fund or the Legg Mason Western Asset Managed Municipals Fund). This includes the variable portfolios that will be re-branded on November 2, 2009. The Western Asset fund family, designed for institutional share classes, and the Royce fund family, which has share classes that are sold directly to investors, and the Barrett fund family will retain separate branding.

    The re-branding effort follows the completion of a consolidated operating platform for the fund families. That effort, completed in the spring of 2009, allowed investors to broadly exchange products across both fund families and to aggregate purchases within a wider menu of funds to potentially reduce sales charges on new purchases.

    Matt Schiffman, Head of Retail, The Americas said, "We believe that the new naming convention will both leverage the Legg Mason brand awareness with our retail partners and create more awareness of the value that is provided by our multi-affiliate investment approach. Our investment affiliates are well known within their respective institutional channels for their investment expertise, and we see this as a significant opportunity to leverage that with our retail partners."

    About Legg Mason

    Legg Mason is a global asset management firm with $693 billion in assets under management as of August 31, 2009. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

    All investments involve risk, including possible loss of principal.

    Investors should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about a fund. To obtain a free prospectus, please view the product specific page on this website and click on the prospectus link. An investor should read the prospectus carefully before investing.

    Legg Mason Investor Services, LLC and all entities mentioned are subsidiaries of Legg Mason, Inc.

    Copyright © 2009 Legg Mason Investor Services, LLC. Member FINRA, SIPC

    Legg Mason

    CONTACT: Maria Rosati of Legg Mason, +1-212-805-6036,
    mrosati@leggmason.com




    PepsiCo Says it will Form New Bottling Unit; Eric Foss, 27-Year Industry Veteran, will be CEOFoss, current chairman and CEO of The Pepsi Bottling Group, the world's largest bottler of PepsiCo beverages, will lead new PepsiCo entity upon completion of pending mergers

    PURCHASE, N.Y., Oct. 5 /PRNewswire-FirstCall/ -- In anticipation of the previously-announced mergers with its two largest bottlers, The Pepsi Bottling Group (PBG) and PepsiAmericas (PAS), PepsiCo today announced plans to form a new entity comprising the bottling businesses, effective upon closing of the mergers. The new unit will be called PepsiCo Bottling North America (PBNA).

    (Photo: http://www.newscom.com/cgi-bin/prnh/20091005/NY86753 )

    Eric J. Foss, current chairman and CEO of PBG, the world's largest bottler of PepsiCo beverages, will become CEO of the new bottling unit, reporting to PepsiCo Chairman and CEO Indra Nooyi.

    PBNA will comprise all current PBG and PAS operations in the United States, Canada and Mexico, and will account for about three-quarters of the volume of PepsiCo's North American bottling system, with independent franchisees accounting for the rest. It will focus on integrating the two bottling businesses into a lean, nimble and highly-efficient organization. PBNA will be separate from the brand-oriented PepsiCo Americas Beverages (PAB) unit, which will continue to oversee independent bottlers and Gatorade and Tropicana operations. The separation will allow greater focus for both units and enable PBNA to continue producing and distributing "allied brands" not owned by PepsiCo.

    Current PBG and PAS operations in Europe and Russia will be managed by PepsiCo Europe when the mergers are completed.

    "This structure will provide two very important benefits," Nooyi said. "It will allow us to continue the critically important work we began last year to refresh our core soft drink brands. At the same time, it will enable us to maintain the operating focus we need to capture the strategic opportunity created by our bottler mergers, particularly in North America."

    "This new beverage model will strengthen our position in the global beverage marketplace through a powerful combination of scale, speed, flexibility and efficiency," Nooyi said.

    In naming Foss to lead PBNA, PepsiCo is engaging one of the beverage industry's most experienced executives. "Eric is an extraordinarily talented executive with tremendous knowledge of and love for the bottling business," Nooyi said. "We are fortunate to have him lead this new unit."

    "I am extremely excited to lead the new bottling entity," said Foss. "Our focus will be to create a bigger, stronger and faster organization that can better serve our customers and accelerate our growth in North America. I am eager to work with the talented people across PAS, PBG and PepsiCo to reenergize our beverage business, drive profitable growth for our customers and sustain a high performance and compelling environment for our people. It is great to re-join the PepsiCo team, and I look forward to accelerating our potential to become a more unified and integrated beverage system."

    In order to facilitate a smooth integration of the bottling businesses, PepsiCo will establish a special advisory board. Among its members will be: Eric Foss; Indra Nooyi; Robert Pohlad, chairman and CEO, PepsiAmericas; and Craig Weatherup, founding chairman and CEO of The Pepsi Bottling Group, who retired in 2003. Prior to his PBG tenure, Weatherup served as CEO of The Pepsi-Cola Company and president of PepsiCo.

    "This advisory board, as well as Eric's leadership of PBNA, brings stability, strong leadership and valuable continuity as we work to bring the businesses together seamlessly and smoothly," Nooyi said.

    Upon completion of the mergers, which require regulatory and shareholder approval, PepsiCo will have five direct reports to Chairman and CEO Indra K. Nooyi from an operating standpoint. In addition to Eric Foss of PBNA, they will include Massimo d'Amore, PepsiCo Americas Beverages CEO (PAB), John Compton, PepsiCo Americas Foods CEO (PAF); Saad Abdul-Latif, PepsiCo Asia, Middle East and Africa CEO (AMEA); and Zein Abdalla, PepsiCo Europe CEO.

    Foss Bio

    As chairman and CEO of The Pepsi Bottling Group, Foss currently leads an independent company that generated nearly $14 billion in revenues in 2008. PBG operates in the United States, Canada, Greece, Mexico, Russia, Spain and Turkey, accounting for more than one-half of the Pepsi-Cola beverages sold in North America, and about 40 percent of the Pepsi-Cola system volume worldwide. He was named CEO and elected to the PBG Board of Directors in July 2006 and elevated to chairman of the board in October 2008. He served as chief operating officer from September 2005 to July 2006.

    Foss joined Pepsi-Cola Company in 1982 and held a variety of field and headquarters sales, marketing and general management positions in the U.S. and Europe.

    About PepsiCo

    PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 18 different product lines that each generate more than $1 billion in annual retail sales. Our main businesses - Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade - also make hundreds of other nourishing, tasty foods and drinks that bring joy to our consumers in over 200 countries. With more than $43 billion in 2008 revenues, PepsiCo employs 198,000 people who are united by our unique commitment to sustainable growth, called Performance with Purpose. By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. For more information, please visit http://www.pepsico.com/.

    Cautionary Statement

    This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. PepsiCo, Inc. ("PepsiCo") and The Pepsi Bottling Group, Inc. ("PBG") have filed with the Securities and Exchange Commission ("SEC") a registration statement on Form S-4 containing a proxy statement/prospectus and other documents with respect to the proposed acquisition of PBG. A definitive proxy statement/prospectus will be mailed to shareholders of PBG after the registration statement is declared effective. The registration statement has not yet become effective. PepsiCo and PepsiAmericas, Inc. ("PAS") have filed with the SEC a registration statement on Form S-4 containing a proxy statement/prospectus and other documents with respect to the proposed acquisition of PAS. A definitive proxy statement/prospectus will be mailed to shareholders of PAS after the registration statement is declared effective. The registration statement has not yet become effective. INVESTORS AND SECURITY HOLDERS OF PBG AND PAS ARE URGED TO READ THE APPLICABLE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

    Investors and security holders will be able to obtain free copies of the registration statements and the proxy statements/prospectuses and other documents filed with the SEC by PepsiCo, PBG or PAS through the website maintained by the SEC at http://www.sec.gov/. Copies of the documents filed with the SEC by PepsiCo will be available free of charge on PepsiCo's internet website at http://www.pepsico.com/ or by contacting PepsiCo's Investor Relations Department at 914-253-3035. Copies of the documents filed with the SEC by PBG will be available free of charge on PBG's internet website at http://www.pbg.com/ or by contacting PBG's Investor Relations Department at 914-767-7216. Copies of the documents filed with the SEC by PAS will also be available free of charge on PAS's internet website at http://www.pepsiamericas.com/ or by contacting PAS's Investor Relations Department at 612-661-3883.

    PBG and its directors, executive officers and certain other employees may be deemed to be participants in the solicitation of proxies in respect of the proposed acquisition of PBG. Information regarding PBG's directors and executive officers is available in its Annual Report on Form 10-K for the year ended December 27, 2008, which was filed with the SEC on February 20, 2009, and its proxy statement for its 2009 annual meeting of shareholders, which was filed with the SEC on April 7, 2009. PAS and its directors, executive officers and certain other employees may be deemed to be participants in the solicitation of proxies in respect of the proposed acquisition of PAS. Information regarding PAS's directors and executive officers is available in its Annual Report on Form 10-K for the year ended January 3, 2009, which was filed with the SEC on March 4, 2009, and its proxy statement for its 2009 annual meeting of shareholders, which was filed with the SEC on March 18, 2009. Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the proxy statements/prospectuses and other relevant materials filed with the SEC.

    Statements in this release that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. They inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward-looking statements. Such risks and uncertainties include, but are not limited to: PepsiCo's ability to consummate the acquisitions of PBG and PAS and to achieve the synergies and value creation contemplated by the proposed acquisitions; PepsiCo's ability to promptly and effectively integrate the businesses of PBG, PAS and PepsiCo; the timing to consummate the proposed acquisitions and any necessary actions to obtain required regulatory approvals; the diversion of management time on transaction-related issues; changes in demand for PepsiCo's products, as a result of shifts in consumer preferences or otherwise; increased costs, disruption of supply or shortages of raw materials and other supplies; unfavorable economic conditions and increased volatility in foreign exchange rates; PepsiCo's ability to build and sustain proper information technology infrastructure, successfully implement its ongoing business process transformation initiative or outsource certain functions effectively; damage to PepsiCo's reputation; trade consolidation, the loss of any key customer, or failure to maintain good relationships with PepsiCo's bottling partners, including as a result of the proposed acquisitions; PepsiCo's ability to hire or retain key employees or a highly skilled and diverse workforce; changes in the legal and regulatory environment; disruption of PepsiCo's supply chain; unstable political conditions, civil unrest or other developments and risks in the countries where PepsiCo operates; and risks that benefits from PepsiCo's Productivity for Growth initiative may not be achieved, may take longer to achieve than expected or may cost more than currently anticipated.

    For additional information on these and other factors that could cause PepsiCo's actual results to materially differ from those set forth herein, please see PepsiCo's filings with the SEC, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. All information in this communication is as of October 2, 2009. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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

    Photo: http://www.newscom.com/cgi-bin/prnh/20091005/NY86753
    http://photoarchive.ap.org/
    AP PhotoExpress Network: PRN6
    PRN Photo Desk, photodesk@prnewswire.com PepsiCo

    CONTACT: Media, Dick Detwiler of PepsiCo, +1-914-253-2725,
    dick.detwiler@pepsi.com

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




    /R E P E A T -- DiagnoCure signs distribution agreement in the UK for its colorectal cancer test/Ticker Symbol: CUR

    QUEBEC CITY, Oct. 5 /PRNewswire-FirstCall/ -- DiagnoCure Inc. (TSX: CUR), a life sciences company commercializing high-value cancer diagnostic tests and delivering laboratory services, announced that it signed an exclusive agreement with a new partner, Lab21, a global provider of diagnostic products and services, for the promotion, marketing and selling of its Previstage(TM) GCC Colorectal Cancer Staging Test in the United Kingdom and Ireland. Lab21 will offer the Previstage(TM) GCC test as part of its oncology testing services, and patient samples will be processed in DiagnoCure's U.S. clinical laboratory.

    "This new partnership is a key initial step in reaching out to the European market. Lab21 is a leading provider of state-of-the-art diagnostics and world class customer service. This new avenue will support the global growth for our Previstage(TM) GCC Colorectal Cancer Staging Test," stated John C. Schafer, President and CEO of DiagnoCure.

    Terms of the agreement were not disclosed.

    Each year, 36,400 people are diagnosed with colorectal cancer in the U.K. Of that number, about 9,600 will be considered free of metastases (stage I or II) following the surgery and may benefit from the more accurate staging offered by Previstage(TM) GCC.

    Presentation at BioContact

    On October 7th, John C. Schafer, President and CEO of DiagnoCure, will present an update of the Company's activities at BioContact 2009, a biopharmaceutical partnership symposium, held in Quebec City.

    About DiagnoCure

    DiagnoCure (TSX: CUR) is a life sciences company commercializing high-value cancer diagnostic tests and delivering laboratory services that increase clinician and patient confidence in making critical treatment decisions. DiagnoCure Oncology Laboratories, a subsidiary of DiagnoCure Inc., launched in 2008 the Previstage(TM) GCC Colorectal Cancer Staging Test, the first GCC-based molecular test for the management of colorectal cancer. A major study published in the February 18, 2009, edition of the Journal of the American Medical Association demonstrated that GCC, to which DiagnoCure owns exclusive worldwide diagnostic rights, is the strongest independent predictor of colorectal cancer recurrence. The Company has a strategic alliance with Gen-Probe for the development and commercialization of a second-generation prostate cancer test using PCA3, DiagnoCure's proprietary molecular marker. This test is available through laboratories in the U.S. using PCA3 analyte specific reagents (ASR) from Gen-Probe, in Europe as the CE-marked PROGENSA(R) PCA3(TM) PCA3 in vitro assay, and in Canada. For more information, visit http://www.diagnocure.com/.

    About Lab21

    Lab21 is a global provider of state-of-the-art diagnostic products and services, supporting blood bank screening, medical diagnostics and drug discovery. Its customers include international healthcare providers, pharmaceutical and biotechnology companies. The product division of the Company manufactures immunodiagnostic kits and reagents that are distributed into 110 international countries and is focused on infectious diseases for the blood-banking market. The service division has a growing test portfolio providing companion diagnostics and high technology molecular assays for the growing integration of personalized medicine into healthcare. These services are currently in infectious diseases, oncology and pharmacogenetics areas with emerging interests in cardiovascular and metabolic disease. Lab21's clinical reference laboratory and corporate office is based in Cambridge and has additional UK manufacturing sites in Newmarket, Bridport and Ipswich. It also has R&D operations in Cape Town, South Africa. The Company's investors include Merlin Biosciences, Nexus Medical Partners, Medicis Capital, Rowan Dartington and Kreos Capital. Website: http://www.lab21.com/

    Forward-looking statements

    This release contains forward-looking statements that involve known and unknown risks, uncertainties and assumptions that may cause actual results to differ materially from those expected. By their very nature, forward-looking statements are based on expectations and hypotheses and also involve risks and uncertainties, known and unknown, many of which are beyond DiagnoCure's control. As a result, investors are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements regarding the outcome of research and development projects, clinical studies and future revenues are based on management expectations. In addition, the reader is referred to the applicable general risks and uncertainties described in DiagnoCure's most recent Annual Information Form under the heading "Risk Factors". DiagnoCure undertakes no obligation to publicly update or revise any forward-looking statements contained herein unless required by the applicable securities laws and regulations.

    DiagnoCure Inc.

    CONTACT: Investors: J. F. Bureau, CFA, Sr. Vice President and CFO,
    DiagnoCure Inc., (418) 527-6100, communications@diagnocure.com; Media: Paule
    De Blois, Vice President, Corporate Affairs, DiagnoCure Inc., (418) 527-6100,
    p.deblois@diagnocure.com




    China Power Equipment and Advanced Technology & Materials Co., Discussed Possible Sourcing of Amorphous Alloys Needed for High-Efficiency Electric Transformers

    XI'AN, China, Oct. 5 /PRNewswire-Asia-FirstCall/ -- China Power Equipment, Inc. ("China Power Equipment," OTC: CPQQ), the manufacturer of a new generation of energy saving electric transformers and transformer cores in the People's Republic of China, today announced that its Chairman, Mr. Yongxing Song, met on September 22, 2009 with the management of Advanced Technology & Materials Co., Ltd. ("AT&M", SZSE:000969), a world-leading high technology enterprise engaged in the development, manufacture, and sale of high tech materials and related products.

    The two companies discussed a possible sourcing arrangement for AT&M's amorphous alloy that could be used in making China Power Equipment's high- efficiency electric transformer cores and transformers.

    Mr. Yongxing Song, Chairman of China Power Equipment, said, "We are very pleased to have been colleagues with AT&M from time to time during the past seven years, dating back from the testing of the first generation of amorphous core transformers. Based on that relationship, I know that AT&M is a remarkable resource, with a history of innovative technology leadership.

    "The need to save energy in China, especially by using amorphous alloys to increase the efficiency of electric transformers, will provide the solid foundation for a new strategic sourcing collaboration with AT&M. We believe such a sourcing agreement would further strengthen our relationship, would be mutually beneficial, would accelerate the production of our amorphous alloy transformer cores, and would increase our customers' production of high- efficiency electric transformers that are so much in demand in China.

    "This possible sourcing collaboration with AT&M would become a cornerstone for our rapid expansion. It would diversify our amorphous alloy sourcing and make this important material more available and our raw material inventory more predictable. Importantly, the relationship would help to maximize value for our shareholders and improve air quality in China. We have agreed to continue our discussions with AT&M. That possible sourcing collaboration would not reduce the volume we buy from our current amorphous alloy supplier."

    About China Power Equipment

    China Power Equipment, Inc., through its wholly owned subsidiary, Xi'an Amorphous Zhongxi Transformer Co., Ltd., has developed a proprietary patented technology to produce a new generation of energy saving transformers and transformer cores. The company currently manufactures 55 different models of cores and transformers in four product series that are sold throughout China. The company was formed in 2006 as a U.S. corporation and then formed a Chinese subsidiary that became licensed by the Chinese government as a privately held and wholly owned foreign enterprise. For more information about China Power Equipment, please visit the company's website at http://www.chinapower-equipment.com/.

    About Advanced Technology & Materials

    Advanced Technology & Materials Co., Ltd., is principally engaged in the development, manufacture, and sale of new materials and related products. The Company is also involved in the trading business and the provision of engineering technologies. The Company offers its products under four categories: extra-hard and refractory materials, functional materials, fine metal products, and biomedical materials. For more information about Advanced Technology & Materials Co., Ltd., please visit the company's website at http://www.atmcn.com/en/.

    Safe harbor statements

    Certain statements in this release concerning China Power Equipment's future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to sustain our previous levels of profitability including on account of our ability to manage growth, intense competition, wage increases in China, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed- price, fixed-time frame contracts, client concentration, our ability to successfully complete and integrate potential acquisitions, withdrawal of governmental fiscal incentives, political instability and regional conflicts and legal restrictions on raising capital or acquiring companies outside China. Additional risks that could affect our future operating results are more fully described in China Power Equipment's filings with the United States Securities and Exchange Commission, which available at http://www.sec.gov/. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by or on our behalf.

    Similar information about the forward-looking statements and risks related to Advanced Technologies & Materials can be found in its filings with the Shenzhen Stock Exchange and the China Securities Regulatory Commission.

    For more information, please contact: China Power Equipment, Inc. Mr. Michael Segal Telephone +1-646-623-6999 (US) xa-fj@xa-fj.com Christensen Ms. Kathy Li (English and Chinese) Telephone +1 212 618 1978 in the US kli@christensenir.com Mr. Yuanyuan Chen (English and Chinese) Telephone +86 10 5971 2001 in Beijing Mobile +86 139 2337 7882 in Beijing ychen@christensenir.com Mr. Tom Myers (English) Mobile +86 139 1141 3520 in Beijing tmyers@christensenir.com

    China Power Equipment, Inc.

    CONTACT: Mr. Michael Segal, China Power Equipment, Inc., +1-646-623-6999
    (US), xa-fj@xa-fj.com; Ms. Kathy Li (English and Chinese), Christensen, +1-
    212-618-1978, in the US, kli@christensenir.com; Mr. Yuanyuan Chen (English and
    Chinese), +86 10 5971 2001 in Beijing, Mobile +86 139 2337 7882 in Beijing,
    ychen@christensenir.com; Mr. Tom Myers (English), Mobile +86 139 1141 3520 in
    Beijing, tmyers@christensenir.com




    ProLogis Research Group Releases New Report on South Korea's Industrial Property Markets

    DENVER, Oct. 5 /PRNewswire-FirstCall/ -- ProLogis , a leading global provider of distribution facilities, today released a new research report entitled, "South Korea's Logistics Property Markets: Playing Catch-Up."

    The report examines South Korea's under-developed industrial property markets against the backdrop of its postwar economic success. The report analyzes how this sector has been affected by the historical, political and geographical landscape of the country. It goes further to discuss how, over the past few decades, South Korea has made tremendous strides economically and how only recently the country has begun to focus on building modern distribution and supply chain networks.

    "It is estimated that 95 percent of the existing inventory of warehouse and distribution space in South Korea is outdated and obsolete," commented Len Sahling, first vice president of the Prologis Research Group. "In response to intensifying global pressures, South Korean companies have begun to realize that they will need to create world-class logistics and supply chain networks to remain competitive in the world economy. Because South Korea's economy has remained vibrant through the worldwide recession and its real GDP is expected to resume growing at a rapid pace when the recession finally ends, the country's logistics property markets appear to possess abundant upside potential."

    For a copy of the report on South Korea's logistics property markets, or other reports published by the ProLogis Research Group, please point your browser to: http://www.prologisresearch.com/supplychain/default.asp?reid=A3U21437887DE.

    The ProLogis Research Group monitors, analyzes and reports on key trends and dynamics in both real estate and supply-chain management, drawing from industry data and primary research conducted by company analysts and a network of affiliated academics and other professionals. Past reports have focused on global supply chain dynamics, internet retailing, RFID technology, offshore outsourcing and other related topics.

    About ProLogis

    ProLogis is a leading global provider of distribution facilities, with more than 475 million square feet of industrial space (44 million square meters) in markets across North America, Europe and Asia. The company leases its industrial facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. For additional information about the company, go to http://www.prologis.com/.

    ProLogis

    CONTACT: Media, Mo Sheahan of ProLogis, +1-303-567-5434,
    msheahan@prologis.com; or Suzanne Dawson of Linden Alschuler & Kaplan, Inc.,
    +1-212-329-1420, sdawson@lakpr.com, for ProLogis; or Investors, Melissa
    Marsden of ProLogis, +1-303-567-5622, mmarsden@prologis.com

    Web Site: http://www.prologis.com/
    http://www.prologisresearch.com/




    Lihua International to Present at the 2009 Roth Capital Partners China Conference

    DANYANG, China, Oct. 5 /PRNewswire -- Asia/ -- Lihua International, Inc., ("Lihua" or the "Company"), a leading Chinese producer of superfine and magnet wire, today announced that Chief Financial Officer Roy Yu will present at the 2009 Roth Capital Partners China Conference on Wednesday, October 14, 2009 at 9:00 a.m. Eastern time. The conference is being held at the Fontainebleau Resort in Miami Beach, Fla.

    An audio and slide webcast of the live presentation will be available under the "Events and Presentations" page on the "Investor Relations" section of the Company's website at http://www.lihuaintl.com/Investor_Relations/Events_Presentations.html. An archived presentation will be available for 90 days.

    To request a one-on-one meeting or to be added to Lihua's email list, please contact Brandi Floberg at lihua@tpg-ir.com or call 212-481-2050.

    About Lihua International, Inc.

    Lihua International, through its two wholly-owned subsidiaries, Lihua Electron and Lihua Copper, is a leading value-added manufacturer of copper replacement products for China's rapidly growing magnet and fine wire market. Lihua is one of the first vertically integrated companies in China to develop, design, manufacture, market and distribute lower cost, high quality, alternatives to pure copper magnet wire. Lihua's products include copper-clad aluminum wire ("CCA") and recycled scrap copper wire and are sold in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries. Lihua's corporate and manufacturing headquarters are located in the heart of China's copper industry in Danyang, Jiangsu Province. For more information, please visit http://www.lihuaintl.com/.

    Lihua International, Inc.

    CONTACT: Investors, Kristen McNally, or Brandi Floberg, both of of The
    Piacente Group, Inc., +1-212-481-2050, lihua@tpg-ir.com, for Lihua
    International, Inc.

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




    Global Payments to Present at William Blair & Company's Emerging Stock Conference

    ATLANTA, Oct. 5 /PRNewswire-FirstCall/ -- Global Payments Inc. , represented by Executive Vice President and Chief Financial Officer, David Mangum, will present at "William Blair & Company's 2009 Emerging Growth Stock Conference" on October 6, 2009. Mr. Mangum is expected to present at 11:45 a.m. ET. The conference will be held in New York, NY and can be accessed via Web cast at http://www.globalpaymentsinc.com/.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO)

    Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, gaming establishments, and multi-national corporations located throughout the United States, Canada, Latin America, Europe, and the Asia-Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines. Visit http://www.globalpaymentsinc.com/ for more information about the company and its services.

    Contact: Jane M. Elliott 770-829-8234 investor.relations@globalpay.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO Global Payments Inc.

    CONTACT: Jane M. Elliott, Global Payments Inc., +1-770-829-8234,
    investor.relations@globalpay.com

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




    Sigma-Aldrich(R) and Sangamo BioSciences Announce Major Expansion of ZFP Technology License AgreementSigma-Aldrich to Exclusively Develop and Distribute ZFP-based Cell Lines for Commercial Therapeutic Protein Production

    ST. LOUIS and RICHMOND, Calif., Oct. 5 /PRNewswire-FirstCall/ -- Sigma-Aldrich Corporation and Sangamo BioSciences, Inc. today announced a major expansion of their existing license agreement to include the exclusive rights to develop and distribute zinc finger DNA binding protein (ZFP)-modified cell lines for commercial production of protein pharmaceuticals. Additionally, Sigma-Aldrich licensed rights to certain ZFP-engineered transgenic animals for commercial applications.

    "The zinc finger technology platform developed by Sangamo is a core component of Sigma-Aldrich's growth strategy into high-value biologic tools," said Jai Nagarkatti, Sigma-Aldrich's Chairman, President and CEO. "We have experienced tremendous interest from the academic and biotechnology research community in our CompoZr(TM) zinc finger nuclease (ZFN) platform of reagents. Expanding our capability to provide ZFN-modified cells for the commercial production of therapeutic proteins and vaccines takes us into markets with enormous commercial potential, and we fully intend to maximize the value of these assets."

    "ZFN-based gene editing is rapidly emerging as a critical tool in modern biotechnology," said David Smoller, Ph.D., President of Sigma-Aldrich's Research Biotech Business Unit. "The ability to modify genes in essentially any cell type has been established. In addition, we are now able to generate transgenic animals in species in which it was previously impossible to efficiently and specifically carry out genome modification. This opens up endless possibilities for application and commercialization of the ZFP technology platform."

    "We are delighted with our partnership with Sigma-Aldrich," said Edward Lanphier, Sangamo's President and CEO. "Sigma-Aldrich has been aggressively developing, marketing and distributing ZFP-based products through their CompoZr website, and we anticipate the same success in these expanded markets of cell line engineering and transgenic animal products. Sangamo's business model enables us to access non-dilutive funding for our core ZFP Therapeutic(TM) programs by monetizing the industrial applications of our ZFP technology with a focused and committed partner. Sigma-Aldrich has proven to be just that."

    For more information on Sigma-Aldrich's CompoZr ZFN technology platform, visit http://www.compozrzfn.com/ or contact a sales representative at zfn@sial.com.

    Terms of the License Agreement Amendment

    The expanded agreement provides Sigma-Aldrich with exclusive rights to develop and distribute ZFP-modified cell lines for commercial production of protein pharmaceuticals and ZFP-engineered transgenic animals for livestock, companion animals and therapeutic protein production. Sangamo retained all rights to ZFP-modified transgenic animals for discovery of novel therapeutics and the right to use ZFPs as therapeutic products. Under this agreement, Sigma-Aldrich will make initial payments of $20.0 million to Sangamo, consisting of an upfront license payment of $15.0 million and $5.0 million through the purchase of 636,133 shares of Sangamo common stock at market price. Market price is determined by the average closing price of Sangamo stock over the past 30 trading days, or $7.86 per share. Sangamo is eligible to earn additional contingent commercial license fees of up to $5.0 million based on certain conditions and thereafter a royalty based upon a percentage of net sales and sublicensing revenue. Sangamo is also eligible to receive commercial milestone payments ranging from $2.0 million to $10.0 million, up to a total of $25.0 million, based upon cumulative product sales.

    About Sigma-Aldrich

    Sigma-Aldrich is a leading Life Science and High Technology company. Its biochemical and organic chemical products and kits are used in scientific and genomic research, biotechnology, pharmaceutical development, the diagnosis of disease and as key components in pharmaceutical and other high technology manufacturing. The Company has customers in life science companies, university and government institutions, hospitals, and in industry. Over one million scientists and technologists use its products. Sigma-Aldrich operates in 38 countries and has 7,800 employees providing excellent service worldwide. Sigma-Aldrich is committed to Accelerating Customer Success through Innovation and Leadership in Life Science, High Technology and Service. For more information about Sigma-Aldrich, please visit its award-winning Web site at http://www.sigma-aldrich.com/.

    About Sangamo

    Sangamo BioSciences, Inc. is focused on the research and development of novel DNA-binding proteins for therapeutic gene regulation and modification. The most advanced ZFP Therapeutic(TM) development program is currently in Phase 2 clinical trials for evaluation of safety and clinical effect in patients with diabetic neuropathy and ALS. Sangamo also has two Phase 1 clinical trials to evaluate safety and clinical effect of a ZFP Therapeutic for the treatment of HIV/AIDS. Other therapeutic development programs are focused on cancer, neuropathic pain, nerve regeneration, Parkinson's disease and monogenic diseases. Sangamo's core competencies enable the engineering of a class of DNA-binding proteins known as zinc finger DNA-binding proteins (ZFPs). By engineering ZFPs that recognize a specific DNA sequence Sangamo has created ZFP transcription factors (ZFP TF) that can control gene expression and, consequently, cell function. Sangamo is also developing sequence-specific ZFP Nucleases (ZFN) for gene modification. Sangamo has established strategic partnerships with companies in non-therapeutic applications of its technology including Dow AgroSciences, Sigma-Aldrich Corporation and several companies applying its ZFP technology to engineer cell lines for the production of protein pharmaceuticals. For more information about Sangamo, visit the company's web site at http://www.sangamo.com/.

    This press release may contain forward-looking statements based on Sigma-Aldrich's and Sangamo's current expectations. These forward-looking statements include, without limitation, references to the research and development of novel ZFNs, potential therapeutic, medical research and pharmaceutical applications of the ZFN technology and the timing of initiation of clinical trials by Sangamo. Actual results may differ materially from these forward-looking statements due to a number of factors, including technological challenges, the ability of Sangamo and Sigma-Aldrich to develop commercially viable products and technological developments by our competitors. See the SEC filings, and in particular, the risk factors described in the Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q of each of Sangamo and Sigma-Aldrich. Neither Sigma-Aldrich nor Sangamo assumes any obligation to update the forward-looking information contained in this press release.

    Sigma-Aldrich and CompoZr are trademarks of Sigma-Aldrich Biotechnology LP and Sigma-Aldrich Co. ZFP Therapeutic is a trademark of Sangamo BioSciences, Inc.

    Photo: http://www.newscom.com/cgi-bin/prnh/20050215/CGSIGMAALLOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com/ Sigma-Aldrich Corporation

    CONTACT: Kirk Richter of Sigma-Aldrich, +1-314-286-8004,
    kirk.richter@sial.com; or Elizabeth Wolffe, Ph.D. of Sangamo BioSciences,
    Inc., +1-510-970-6000, ext. 271, ewolffe@sangamo.com

    Web Site: http://www.sigma-aldrich.com/
    http://www.sangamo.com/




    Genome Quebec and Montreal Heart Institute Pharmacogenomics Centre Deploys Isilon IQ in Next Generation of Drug DevelopmentLeading Biomedical Research Institution Uses Isilon Scale-out NAS to More Accurately Predict Effective Drug Therapies for Heart Disease, Cancer and Other Life-Threatening Illnesses

    SEATTLE, Oct. 5 /PRNewswire-FirstCall/ -- Isilon® Systems , the proven leader in scale-out NAS, today announced that Pharmacogenomics Centre, a partnership between Genome Quebec and the Montreal Heart Institute focused on enhancing new and existing drug development research programs through the inclusion of genetic information, has deployed Isilon IQ to accelerate its next-generation genetic sequencing operations. In its focused efforts to fight heart disease, cancer and other life-threatening diseases, Pharmacogenomics Centre is leveraging Isilon scale-out NAS to significantly increase workflow efficiency and productivity, while reducing storage management from more than 30 hours per week to less than one hour per week.

    "We're sequencing targeted segments of patients' DNA to try and identify individual mutations that can cause those patients to respond unexpectedly to specific drug therapies," said Christopher Beck, senior bioinformatician, Pharmacogenomics Centre. "Obviously the data produced by our next-generation sequencers is mission-critical but we are a scientific organization and our main focus is data analysis, not data storage. We simply can't afford the lengthy storage deployment schedules or complex system management hassles that traditional storage offerings require. With Isilon, we've been able to deploy and manage a high-performance, highly scalable, shared storage resource without having to dedicate any IT staff to managing the system."

    With Isilon scale-out NAS, Pharmacogenomics Centre has unified both its DNA sequencing and DNA analysis operations onto a single, shared pool of storage, enabling highly concurrent processing of genomic data to increase productivity and speed time-to-results. Additionally, with Isilon's OneFS® operating system providing 'pay as you grow' scalability, Pharmacogenomics Centre can scale both performance and capacity on-demand to meet the dramatic and unpredictable growth of data within its high-throughput sequencing environment.

    "Next-generation genetics research is opening entirely new ways of undertaking critical drug discovery research," said Chris Blessington, senior director of marketing and communications, Isilon Systems. "Pharamcogenomics Centre's successful use of Isilon IQ to advance this new era of drug development is demonstrative of the inherent performance, capacity, and manageability advantages of our scale-out NAS solutions for data-rich life sciences organizations."

    About Isilon Systems

    Isilon Systems is the proven leader in scale-out NAS. Isilon's clustered storage and data management solutions drive unique business value for customers by maximizing the performance of their mission-critical applications, workflows, and processes. Isilon enables enterprises and research organizations worldwide to manage large and rapidly growing amounts of file-based data in a highly scalable, easy-to-manage, and cost-effective way. Information about Isilon can be found at http://www.isilon.com/.

    The names of companies mentioned herein are the trademarks of their respective owners.

    Isilon Systems

    CONTACT: Lucas Welch of Isilon Systems, +1-206-315-7621,
    lucas.welch@isilon.com; or James McIntyre of McClenahan Bruer Communications,
    +1-503-546-1016, james@mcbru.com

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




    Patterson-UTI Reports Drilling Activity for September 2009

    HOUSTON, Oct. 5 /PRNewswire-FirstCall/ -- PATTERSON-UTI ENERGY, INC. today reported that for the month of September 2009, the Company had an average of 81 drilling rigs operating, including 77 rigs in the United States and 4 rigs in Canada. For the three months ended September 2009, the Company had an average of 73 drilling rigs operating, including 70 rigs in the United States and 3 rigs in Canada.

    Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

    About Patterson-UTI

    Patterson-UTI Energy, Inc. provides onshore contract drilling services to exploration and production companies in North America. The Company has approximately 350 marketable land-based drilling rigs that operate primarily in the oil and natural gas producing regions of Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Colorado, Arizona, Utah, Wyoming, Montana, North Dakota, South Dakota, Pennsylvania, West Virginia and western Canada. Patterson-UTI Energy, Inc. is also engaged in the businesses of pressure pumping services and drilling and completion fluid services.

    Statements made in this press release which state the Company's or management's intentions, beliefs, expectations or predictions for the future are forward-looking statements. It is important to note that actual results could differ materially from those discussed in such forward-looking statements. Important factors that could cause actual results to differ materially include, but are not limited to, deterioration in the global economic environment, declines in oil and natural gas prices that could adversely affect demand for the Company's services, and their associated effect on day rates, rig utilization and planned capital expenditures, excess availability of land drilling rigs, including as a result of the reactivation or construction of new land drilling rigs, adverse industry conditions, difficulty in integrating acquisitions, demand for oil and natural gas, shortages of rig equipment and ability to retain management and field personnel. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filings, which may be obtained by contacting the Company or the SEC. These filings are also available through the Company's web site at http://www.patenergy.com/ or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at http://www.sec.gov/. We undertake no obligation to publicly update or revise any forward-looking statement.

    Patterson-UTI Energy, Inc.

    CONTACT: John E. Vollmer III, SVP & Chief Financial Officer of
    Patterson-UTI Energy, Inc., +1-281-765-7100

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




    Noront Resources announces take-over bid for Freewest Resources- Noront's Offer of one (1) Noront share for four (4) Freewest shares represents an implied offer price of C$0.3975 per share and a 51% premium to Freewest Resources' 30-day volume-weighted average price ("VWAP").- The transaction allows all shareholders to benefit from Noront's high-grade nickel, copper, PGM Eagle's Nest discovery, while simultaneously consolidating the chromite discoveries made by both companies.- Noront's established, well-funded development team is mandated to aggressively explore and develop the Ring of Fire.Symbol: NOT:TSX-V Shares Outstanding: 163,631,957 Fully Diluted: 173,461,957

    TORONTO, Oct. 5 /PRNewswire-FirstCall/ -- Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) announced today that it intends to make a share exchange take-over bid (the "Offer") to acquire all of the outstanding common shares of Freewest Resources Canada Inc. ("Freewest") (TSX Ventures: FWR) at an implied offer price of approximately C$0.3975 per share (based on Noront's October 2, 2009 closing share price of C$1.59) in a transaction which values the fully diluted share capital of Freewest at approximately C$90 million. Under the Offer, Freewest common shareholders will be entitled to receive one (1) Noront common share for every four (4) Freewest common shares held (the "Exchange Ratio").

    Highlights of the Offer - Based on the number of fully diluted Freewest common shares, as publicly disclosed, Noront will issue under the Offer approximately 57 million common shares (equivalent to 27% of the enlarged Noront) to Freewest shareholders. - Our Offer extends to all Freewest common shares that are currently issued and outstanding or may be issued prior to the expiry of the Offer, upon conversion, exchange or exercise of any Freewest securities or entitlements. We anticipate that by their terms the outstanding convertible securities of Freewest will, if our Offer is successful, become securities convertible into Noront common shares based on the Exchange Ratio. - Based on the closing price of Noront's common shares on October 2, 2009, the implied offer price represents a premium of approximately 26% and 51% based on the latest closing price on October 2, 2009 and on the 30-day VWAP to the same date of Freewest's common shares, respectively. - Noront has a thorough understanding of the potential of Freewest's Ring of Fire discoveries and other assets and believes that the Exchange Ratio and implied premium offered represents full and fair value to Freewest shareholders. Ring of Fire Consolidation

    The acquisition of Freewest will allow the respective shareholders to benefit from the consolidation of the exploration and development potential of the Ring of Fire and the rationalization of activities, paving the way for the sharing of essential infrastructure and logistics. This will result in the capture of synergies between both companies' chrome deposits and Noront's high-grade Eagle's Nest nickel, copper and PGM deposit. Additionally, the combination of the two companies offers Freewest shareholders the benefits of an established, well-funded development team mandated to aggressively explore, and ultimately develop the Ring of Fire in the optimal and least dilutive manner.

    Wes Hanson, Chief Executive Officer of Noront stated: "Freewest shareholders are not being asked to sell out but rather are being invited to benefit from the enhanced opportunities that the Offer presents. We look forward to Freewest's shareholders participating in a larger, more liquid Company with approximately C$37 million in estimated working capital to realize the full potential of the combined properties. We believe that Noront's Management and Board has the drive, commitment, and experience, to ensure that Freewest's current Ring of Fire discoveries are advanced in the most value accretive and expeditious manner for all shareholders." Wes Hanson further added, "Freewest shareholders, if they accept the offer, can benefit from Noront's high-grade nickel, copper, PGM Eagle's Nest discovery and will essentially have doubled their chromite resource base enhancing our abilities to support the massive infrastructure required to develop the Ring of Fire."

    Offer Overview

    It was Noront's intention to proceed with a friendly Offer. On October 2, 2009, representatives of Noront approached Mackenzie Watson, the Chief Executive Officer of Freewest, and members of the Freewest Board. However, Mr. Watson indicated that he and his board were not prepared to discuss this Offer on Friday or at any time over the weekend. After this response, Noront proceeded to send written confirmation of our Offer to Freewest's Board. To date, no oral or written response has been received from any member of Freewest's board of directors. Consequently, Noront was left without any other option but to make the Offer directly to Freewest's shareholders and allow them to decide on the merits of our Offer. The Noront board strongly believes that the Offer is both compelling and is in the best interests of all shareholders.

    Noront's Offer is not a Permitted Bid for the purposes of the Freewest shareholder rights plan. Accordingly, in order for the Offer to proceed, the shareholder rights plan must be terminated or action must be taken by the Freewest board of directors or by a securities commission or court of competent jurisdiction to remove the effect of the shareholder rights plan and permit the Offer to proceed.

    Details of the Offer

    Full details of the offer will be contained in a formal offer and take-over bid circular to be filed with security regulatory authorities and mailed to Freewest shareholders. Noront expects to formally launch the Offer as soon as practicable and the Offer will remain open for at least 35 days following the commencement of the Offer.

    Noront will formally request from Freewest a list of shareholders for the purpose of disseminating the Offer documents to such holders and expects to mail the take-over bid circular and corresponding Offer documents to Freewest's shareholders as soon as reasonably practicable, following receipt of the shareholder list. The Offer will be open for acceptance for 35 days.

    The Offer will be subject to certain customary conditions of completion, including:

    - That a minimum of 66 2/3% of the outstanding common shares of Freewest on a fully diluted basis are tendered to the Offer; - Receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange; - Absence of any material undisclosed litigation or liabilities; - Absence of any material and adverse changes; - The absence of certain prohibited activities on the part of Freewest (including share issuances, material debt issuances, acquisitions and dispositions) between the date hereof and the expiry of the Offer; - No untrue statements or omissions in Freewest's public disclosure; and - Other usual and customary conditions of offers of this type.

    Additionally, Noront will require that the Freewest shareholder rights plan shall have been waived, invalidated or cease traded.

    Currently, Freewest has in place certain management change of control payments, including a one-time payment of C$4,000,000 payable to Mackenzie Watson (representing almost 6% of the pre-announcement market capitalization of Freewest and almost 27 times his current annual compensation.) Noront believes this change of control payment to Mr. Watson, is excessive and is significantly out-of-line with customary change of control payments made to executives of similar sized Canadian companies and consequently, is detrimental to Freewest shareholders' best interests. Additional undisclosed change of control payments, but less than those owing to Mr. Watson, are payable to Ronald Kay, Freewest's Vice President, and Donald Hoy, Freewest's Vice President Exploration. As a result, it will be a further condition to the Offer that the aggregate amounts payable to all officers and directors of Freewest upon a change of control will not exceed C$1,500,000.

    Noront has engaged Rothschild as financial advisor and deal manager and Fraser Milner Casgrain LLP as legal counsel in connection with the Offer.

    This press release does not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell, any of the securities of Freewest. Such an offer can only be made pursuant to an offer to purchase and accompanying offering circular filed with the securities regulatory authorities in Canada. Investors may obtain a free copy of the offer to purchase and circular when they become available at http://www.sedar.com/. In addition, you may request these documents free of charge, once they have been mailed, from Noront's information agent Laurel Hill Advisory Group. Please contact Laurel Hill at the following contact number: 1-877-304-0211. Investors and shareholders are strongly advised to read these documents, as well as any amendments or supplements to these documents, because they contain important information. You should read these materials carefully and in their entirety before making a decision concerning the Offer.

    About Noront:

    Noront Resources is focused on its significant and multiple, high-grade nickel-copper-platinum-palladium, chromite and vanadium discoveries in an area known as the "Ring of Fire", an emerging multi-metals district located in the James Bay Lowlands of Ontario, Canada. Noront is the dominant land holder at the Ring of Fire and continues to delineate and prove up its discoveries with NI 43-101 technical and economic reports and an aggressive and well financed drill plan for the remainder of 2009 and 2010. All material information on Noront can be found on the Company's website at http://www.norontresources.com/ or at SEDAR at http://www.sedar.com/

    Wesley (Wes) Hanson President & Chief Financial Officer FORWARD LOOKING STATEMENTS

    This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company's businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies.

    Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "planned", "expects" or "looking forward", "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or "belief", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

    The TSX Venture Exchange has not reviewed and does not accept

    responsibility for the adequacy or accuracy of this release.

    Noront Resources Ltd.

    CONTACT: regarding this Offer, please contact Wes Hanson, President and
    Chief Executive Officer or Joanne Jobin, Vice President Corporate
    Communications at (416) 367-1444, or visit Noront's website at:
    http://www.norontresources.com/




    Sonic Solutions CEO to Host Digital Movie Delivery Press Conference in JapanFocus on Explosive Growth in Internet Delivery of Hollywood Content to Connected CE Devices

    TOKYO, Oct. 5 /PRNewswire-FirstCall/ -- Sonic Solutions® today announced that Chief Executive Officer and President, Dave Habiger, will hold a press and market analyst conference in Japan on October 8th.

    Mr. Habiger will provide an update on the company's Roxio CinemaNow(TM) digital movie delivery service and infrastructure technologies and provide insights into market adoption trends for connected consumer electronics this holiday season. Remarks will also highlight the company's recent strategic initiatives including HD streaming, 3D movies and most recent partnerships with a number of leading consumer electronics manufacturers.

    "Premium movie content is going to be the chief driver of consumer interest in new connected electronics devices over the next year," said David Habiger, CEO of Sonic Solutions. "With the dramatic adoption of over-the-top connected movie services, we felt it is essential to calibrate the industry, our partners, and the press in Japan, on how the digital delivery of premium entertainment is going to shape the future of consumer electronics."

    The Strings by InterContinental Tokyo Banquet Room "The COLOSSUS" 26Fl. Lobby Floor Shinagawa East One Tower 2-16-1 Konan, Minato-ku, Tokyo 108-8282, Japan Date October 8, 2009 Time 11:00 (Open 10:30) Dave Habiger, Chief Executive Officer and President For More Information or to Register for the Conference Contact: Hitomi Yamaguchi Sr Marketing Manager + 81-3-6408-2811 Hitomi_Yamaguchi@sonic.com About Sonic Solutions

    Sonic Solutions® is powering the digital media ecosystem through its complete range of Hollywood to Home(TM) applications, services, and technologies. Sonic's Roxio® products enable consumers to easily manage and enjoy personal digital media content and, through Roxio CinemaNow(TM), access premium Hollywood entertainment on a broad range of connected devices. A wide array of leading technology firms, professionals, and developers rely on Sonic to bring innovative digital media functionality to next-generation devices and platforms. Sonic Solutions is headquartered in Marin County, California.

    Forward-Looking Statements

    This release may contain forward looking statements that are based upon current expectations, including the market acceptance and success of Roxio CinemaNow. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties. This press release should be read in conjunction with Blockbuster's and Sonic Solutions' most recent annual reports on Form 10-K, quarterly Forms 10-Q and other reports on file with the Securities and Exchange Commission, which contain a more detailed discussion of each company's business including risks and uncertainties that may affect future results. Neither Blockbuster nor Sonic Solutions undertakes to update any forward looking statements.

    Sonic, the Sonic logo, Sonic Solutions, Roxio, Roxio CinemaNow, and Hollywood to Home, are trademarks or registered trademarks owned by Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject to change without notice.

    Sonic Solutions

    CONTACT: Chris Taylor of Sonic Solutions, +1-408-367-5231,
    chris_taylor@sonic.com

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




    Rainmaker to Announce Third Quarter 2009 Financial Results on November 5th

    CAMPBELL, Calif., Oct. 5 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions offering hosted application software and execution services, will announce its fiscal 2009 third quarter financial results after the close of regular market trading on Thursday, November 5, 2009. A press release will be transmitted to the news media immediately following the close of the market on November 5, 2009. The Company will also hold a conference call to discuss the results at 1:30 p.m. Pacific Time (4:30 p.m. ET).

    What: Rainmaker 2009 Third Quarter Financial Results Conference Call When: Thursday, November 5th at 1:30 p.m. Pacific Time (4:30 p.m. ET) Webcast: A live and archived webcast of the conference call can be accessed from the investors section of Rainmaker's website at http://www.rmkr.com/ Dial In: To access the live conference call, dial (866) 225-8754 and request the "Rainmaker" call. Replay: An audio replay of the conference call can be accessed at (800) 406-7325. The replay will be available starting two hours after the call and remain in effect for one week. The required pass code is 4167954#. About Rainmaker

    Rainmaker Systems, Inc. delivers sales and marketing solutions, combining hosted application software and execution services designed to drive more revenue for our clients. Our Revenue Delivery Platform(SM) combines proprietary, on-demand application software and advanced analytics with specialized sales and marketing execution services. Rainmaker clients include large enterprises in a range of industries, including computer hardware and software, telecommunications, and financial services industries. For more information, visit http://www.rmkr.com/ or call 800-631-1545.

    NOTE: Rainmaker Systems, the Rainmaker logo, and Sunset Direct are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.

    This press release contains forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from current expectations. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are general market conditions, the current very difficult macro-economic environment and its impact on our business as our clients are reducing their overall marketing spending and our clients' customers are reducing their purchase of services contracts, the high degree of uncertainty and our limited visibility due to economic conditions, our ability to execute our business strategy, our ability to integrate acquisitions without disruption to our business, the effectiveness of our sales team and approach, our ability to target, analyze and forecast the revenue to be derived from a client and the costs associated with providing services to that client, the date during the course of a calendar year that a new client is acquired, the length of the integration cycle for new clients and the timing of revenues and costs associated therewith, our client concentration given that we are currently dependent on a few significant client relationships, our ability to expand our channel hosted contract solution and drive adoption of this solution by resellers, potential competition in the marketplace, the ability to retain and attract employees, market acceptance of our service programs and pricing options, our ability to maintain our existing technology platform and to deploy new technology, our ability to sign new clients and control expenses, the possibility of the discontinuation and/or realignment of some client relationships, and the financial condition of our clients' businesses, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q.

    Rainmaker Systems, Inc.

    CONTACT: Steve Valenzuela, Chief Financial Officer of Rainmaker Systems,
    Inc., +1-408-340-2560, stevev@rmkr.com; or Investor Relations, Todd Kehrli or
    Jim Byers, both of MKR Group, Inc., +1-323-468-2300, rmkr@mkr-group.com, both
    for Rainmaker Systems, Inc.

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




    Alon USA Announces Third Quarter 2009 Earnings Release and Conference Call Schedule

    DALLAS, Oct. 5 /PRNewswire-FirstCall/ -- Alon USA Energy, Inc. ("Alon") today announced plans to release its third quarter 2009 results on Wednesday, November 4, 2009 after the market closes. In conjunction with the release, Alon has scheduled a conference call, which will be broadcast live over the Internet on Thursday, November 5, 2009 at 10:00 a.m. eastern time (9:00 a.m. central).

    What: Alon USA Energy, Inc. Third Quarter 2009 Earnings Conference Call When: Thursday, November 5, 2009 - 10:00 a.m. eastern time Where: Live via phone by dialing 1-800-762-8779 or 480-629-9770, for international callers, and asking for the Alon USA Energy call at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Alon corporate website, http://www.alonusa.com/ by logging on that site and clicking "Investors."

    A telephonic replay of the conference call will be available through November 19, 2009 and may be accessed by calling 1-800-406-7325 or 303-590-3030, for international callers, and using the passcode 4167895#. A web cast archive will also be available at http://www.alonusa.com/ shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drg-e.com.

    Alon USA Energy, Inc., headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company owns four crude oil refineries in Texas, California, Louisiana and Oregon, with an aggregate crude oil throughput capacity of approximately 250,000 barrels per day. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt. Alon also operates more than 300 convenience stores primarily in West Texas and New Mexico substantially under the 7-Eleven and FINA brand names and supplies motor fuels to these stores primarily from its Big Spring refinery. In addition, Alon markets under the FINA branded name to approximately 700 additional locations.

    Contacts: Claire A. Hart, Senior Vice President Alon USA Energy, Inc. 972-367-3649 Investors: Jack Lascar/Sheila Stuewe DRG&E / 713-529-6600 Media: Blake Lewis Lewis Public Relations 214-635-3020 Ruth Sheetrit SMG Public Relations 011-972-547-555551

    Alon USA Energy, Inc.

    CONTACT: Claire A. Hart, Senior Vice President of Alon USA Energy, Inc.,
    +1-972-367-3649; or Investors, Jack Lascar or Sheila Stuewe, both of DRG&E,
    +1-713-529-6600; or Media, Blake Lewis of Lewis Public Relations,
    +1-214-635-3020; or Ruth Sheetrit of SMG Public Relations, 011-972-547-555551,
    all for Alon USA Energy, Inc.

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




    Amdocs Announces Support for Service Providers Seeking to Offer and Monetize Cloud-Based ServicesService providers can evolve their corporate business models to bill enterprise and corporate customers for cloud-based services

    GENEVA, Oct. 5 /PRNewswire-FirstCall/ -- At ITU TELECOM WORLD 2009, Amdocs , the leading provider of customer experience systems, today announced it is providing support for service providers that are delivering cloud-based services to their corporate and enterprise customers.

    Corporate customers are turning to both service providers and others companies that provide cloud-based offerings such as software-as-a-service (SaaS), infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) that allow them to source infrastructure and support for different IT applications -- such as e-mail, web conferencing, system security, system backup, disk space, and enterprise resource planning (ERP). According to an IDC report*: "Worldwide Telecom Cloud Billing 2009-2013 Forecast", revenues from Telecom cloud billing are expected to more than double by 2013, reaching more than $350 million.

    Both service providers and SaaS providers can now use the Amdocs Convergent Billing solution to provide cloud-based services for these customers. Amdocs' solution for cloud-based services incorporates Amdocs CES products, including billing, charging and mediation. The solutions are packaged with pre-defined business processes, and are offered out-of-the-box for a quick and easy deployment.

    In addition to supporting service providers' cloud-based services, Amdocs Convergent Billing solution enables service providers to offer and bill for advanced corporate services that are not delivered via a hosted business model, such as shared allowances, group-level offerings, and flexible discount mechanisms. Using Amdocs "Turbo Charging" technology, service providers can offer corporate customers real-time postpaid services such as notifications and usage information about their services consumption. As a result, service providers can offer a complete suite of corporate services to their customers, supported by one Amdocs solution.

    * IDC, Worldwide Telecom Cloud Billing 2009-2013 Forecast, Doc # 217313, May 2009

    About Amdocs

    Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience(TM) at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, services and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $3.16 billion in fiscal 2008, Amdocs has approximately 17,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.

    Forward looking statement

    This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2008, filed on December 8, 2008, and in our quarterly 6-K furnished on February 9, May 12, and August 10, 2009.

    Amdocs

    CONTACT: Garland Harwood of Weber Shandwick, +1-212-445-8373,
    gharwood@webershandwick.com, for Amdocs

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

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