Advanced Photonix, Inc. Reports Fourth Quarter and Fiscal 2008 Results

ANN ARBOR, Mich., June 30 /PRNewswire-FirstCall/ -- Advanced Photonix, Inc.(R) (the "Company") today reported its fourth quarter and fiscal year 2008 results ended March 31, 2008.

The Company's revenues were approximately flat for fiscal 2008, in line with revised third quarter guidance. Revenues were $23.2 million, a slight decrease of 1.6% from prior year revenues of $23.6 million. This decrease was primarily the result of delays in certain telecommunication and defense product shipments from the latter half of fiscal 2008 to fiscal 2009.

Non-GAAP net loss for fiscal 2008 was $(2,410,000) or $(.11) per diluted share as compared to $(287,000) or $(.02) per diluted share for fiscal 2007. This loss was primarily due to unfavorable product mix due to lower sales to the telecommunications and defense markets. Non-GAAP net income (loss) is considered non-GAAP financial information, and reconciliation between net income (loss) on a GAAP basis and non-GAAP net income (loss) is provided in the attached table.

On an EBITDA basis (GAAP earnings/loss before interest, taxes, depreciation, and amortization), the Company reported negative EBITDA of ($2,815,000) for fiscal 2008. This compares to a positive EBITDA of $40,000 for fiscal 2007. The fiscal 2008 negative EBITDA included $1.8 million of non-recurring expenses associated with the wafer fabrication consolidation and closure of the Dodgeville facility.

Gross Profit was $8.9 million (or 38% of revenue), compared to the prior year of $10.9 million (or 46% of revenue), a reduction of 18%. The Company does not believe this is a trend, and anticipates improved gross margins in fiscal 2009 as a result of the facilities consolidation that has been largely completed in fiscal 2008, the selective elimination of low margin products in the industrial sensing market, increasing revenues from the telecommunication market driven by 40G products, and the ramp up of our T-Ray 4000(TM) sales beginning in fiscal 2009.

Richard Kurtz, Chairman and Chief Executive Officer, commented, "This past year marked a year of transition for API, one from cost reduction and product development the past few years to revenue and profit growth as we enter fiscal 2009. Fiscal 2008 was a year of some successes, unexpected surprises, and delays; but overall making substantial progress in positioning API for growth in our three product platforms. Looking to fiscal 2009, we are expecting to grow revenues 25% to $29 million and report strong revenue and earnings growth starting in our first quarter. We expect that our gross margins will move closer to our strategic goal of 50% in fiscal 2009 as the benefits of our cost reduction programs in our custom optoelectronics product platform and the revenue growth in our HSOR and THz product platforms increase our capacity utilization".

This press release, the financial tables, as well as other supplemental information including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, will also be available on our website under the "Investor Relations" link.

The Company will hold a conference call to discuss the results for the fourth quarter and fiscal year ended March 31, 2008 on Monday, June 30, 2008, at 5:00 PM ET. Participants can dial into the conference call at 888-679-8038 (617-213-4850 for international) using the passcode 16220111. The call will be webcast live by CCBN and can be accessed at Advanced Photonix's web site at http://investor.advancedphotonix.com/or at http://www.earnings.com/. An audio replay of the call will be available shortly thereafter the same day and will remain on-line for two weeks. The replay number is 888-286-8010 (617-801-6888 for international) using pass code 50452591.

The information contained herein includes forward looking statements that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, risks associated with the integration of newly acquired businesses, technological obstacles which may prevent or slow the development and/or manufacture of new products, limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company and a decline in the general demand for optoelectronic products.

Condensed Consolidated Balance Sheets Assets March 31, 2008 March 31, 2007 Current Assets: Cash and cash equivalents $1,582,000 $3,274,000 Accounts receivable, net of allowance 3,202,000 3,587,000 Inventories, net of allowances 4,131,000 4,439,000 Prepaid expenses and other current assets 195,000 377,000 Total current assets 9,110,000 11,677,000 Equipment & Leasehold Improvements, at cost 10,847,000 10,301,000 Accumulated depreciation (6,090,000) (5,565,000) Net Equipment and Leasehold Improvements 4,757,000 4,736,000 Goodwill, net of accumulated amortization 4,579,000 4,579,000 Patents, net 538,000 355,000 Intangible assets, net 10,333,000 12,285,000 Deferred tax asset, net of current portion - 1,225,000 Other assets 386,000 385,000 Total assets $29,703,000 $35,242,000 Liabilities and shareholders' equity Current liabilities Line of credit $1,300,000 $741,000 Accounts payable and accrued expenses 2,066,000 2,336,000 Compensation and related withholdings 527,000 1,091,000 Current portion of long-term debt-related parties 900,000 550,000 Current portion of long-term debt 522,000 4,535,000 Total current liabilities 5,315,000 9,253,000 Long term debt, less current portion 3,706,000 3,015,000 Long term debt, less current portion-related parties 951,000 1,851,000 Total liabilities 9,972,000 14,119,000 Class A redeemable convertible preferred stock, $.001 par value; 780,000 shares authorized; 40,000 shares issued and outstanding; liquidation preference $32,000. - 32,000 Shareholders' equity Class A common stock, $.001 par value, 50,000,000 shares authorized 2008 - 23,977,678 shares issued and outstanding; 2007 - 19,226,006 shares issued and outstanding 24,000 19,000 Additional paid-in capital 52,150,000 43,887,000 Accumulated deficit (32,443,000) (22,815,000) Total shareholders' equity 19,731,000 21,091,000 Total liabilities and shareholders' equity $29,703,000 $35,242,000 Consolidated Statement of Operations Three months ended Twelve months ended March 31, March 31, March 31, March 31, 2008 2007 2008 2007 Net Sales $5,236,000 $6,161,000 $23,215,000 $23,588,000 Cost of Sales 3,451,000 3,508,000 14,340,000 12,693,000 Gross Margin 1,785,000 2,653,000 8,875,000 10,895,000 Other Operating Expenses Research & Development 1,272,000 1,019,000 4,218,000 4,012,000 General & Administrative 1,035,000 1,168,000 4,593,000 5,020,000 Amortization 493,000 430,000 1,963,000 1,676,000 Goodwill/Intangible impairment - 489,000 - 489,000 Wafer Fab Consolidation 224,000 427,000 1,256,000 720,000 Dodgeville Consolidation - - 534,000 - Sales & Marketing 645,000 667,000 2,312,000 2,174,000 Total Other Operating Expenses 3,669,000 4,200,000 14,876,000 14,091,000 Net Operating Loss (1,884,000) (1,547,000) (6,001,000) (3,196,000) Other (Income) & Expense Other (Income)/Expense (49,000) (2,000) (23,000) 5,000 Income tax - deferred 1,225,000 (921,000) 1,225,000 (920,000) Interest Income (14,000) (49,000) (96,000) (213,000) Interest Expense-Related Parties 34,000 56,000 162,000 224,000 Interest Expense - Warrant discount - 480,000 1,672,000 1,528,000 Interest Expense 59,000 213,000 687,000 826,000 Other (Income) & Expense 1,255,000 (223,000) 3,627,000 1,450,000 Net Loss $(3,139,000) $(1,324,000) $(9,628,000) $(4,646,000) Net earnings per share $(0.13) $(0.07) $(0.44) $(0.24) Diluted earnings per share $(0.13) $(0.07) $(0.44) $(0.24) Weighted number of shares outstanding 23,926,000 19,165,000 21,770,000 19,065,000 Anti-diluted weighted number of shares 24,352,000 22,625,000 22,195,000 22,525,000 Non-GAAP Financial Measures

The Company provides Non-GAAP Net Income (Loss) and EBITDA as supplemental financial information regarding the Company's operational performance. These Non-GAAP financial measures are not in accordance with, or an alternative for, generally accepted accounting principles in the United States. Non-GAAP Net Income and EBITDA should not be considered in isolation from or as a substitute for financial information presented in accordance with generally accepted accounting principles, and may be different from similar measures used by other companies. Reconciliation of Non-GAAP Net Income and EBITDA to GAAP net income and loss are set forth in the financial schedule section below.

Reconciliation of Non-GAAP Income to GAAP Income Three months ended Twelve months ended March 31, March 31, March 31, March 31, 2008 2007 2008 2007 Net Income (Loss) $(3,139,000) $(1,324,000) $(9,628,000) $(4,646,000) Add Back: Interest Expense - Convertible notes - 126,000 268,000 504,000 Interest expense - Warrant (Fair Value) - 480,000 1,672,000 1,528,000 Amortization - prepaid finance expense 70,000 48,000 70,000 148,000 Amortization - intangibles/patents 493,000 382,000 1,963,000 1,528,000 Goodwill/Intangible impairment - 489,000 - 489,000 Stock Option Compensation Expense 28,000 84,000 230,000 361,000 Income Taxes - deferred 1,225,000 (921,000) 1,225,000 (920,000) Other Expense - DV Consolidation - - 534,000 - Other Expense - Wafer Fabrication 224,000 427,000 1,256,000 721,000 Subtotal - Add backs 2,040,000 1,115,000 7,218,000 4,359,000 Non-GAAP Income $(1,099,000) $(209,000) $(2,410,000) $(287,000) Net earnings per share $(0.05) $(0.01) $(0.11) $(0.02) Diluted earnings per share $(0.05) $(0.01) $(0.11) $(0.02) Weighted Number of shares outstanding 23,926,000 19,165,000 21,770,000 19,065,000 Diluted shares outstanding 24,352,000 22,625,000 22,195,000 22,525,000 Reconciliation of EBITDA to GAAP income/(loss) Three months ended Twelve months ended March 31, March 31, March 31, March 31, 2008 2007 2008 2007 Net Income (Loss) $(3,139,000) $(1,324,000) $(9,628,000) $(4,646,000) Add Back: Net Interest expense (income) 80,000 221,000 753,000 837,000 Interest expense - Warrant (Fair Value) - 480,000 1,672,000 1,528,000 Depreciation Expense 272,000 323,000 1,130,000 1,076,000 Income Taxes - deferred 1,225,000 (921,000) 1,225,000 (920,000) Goodwill/Intangible impairment - 489,000 - 489,000 Amortization - prepaid finance expense 70,000 48,000 70,000 148,000 Amortization 493,000 382,000 1,963,000 1,528,000 Subtotal - Add backs 2,140,000 1,022,000 6,813,000 4,686,000 EBITDA $(999,000) $(302,000) $(2,815,000) $40,000

Advanced Photonix, Inc.(R) is a leading vertically integrated optoelectronic semiconductor manufacturer of optoelectronic solutions, high-speed optical receivers and terahertz instrumentation to a global OEM customer base. Products include patented silicon (Si), indium phosphide (InP) and gallium arsinide (GaAs) based APD, PIN, and FILTRODE(R) photodetectors; high-speed optical receivers; and the T-Ray 4000(TM) THz product platforms. More information on Advanced Photonix can be found at http://www.advancedphotonix.com/.

Advanced Photonix, Inc.

CONTACT: Richard Kurtz, Advanced Photonix, Inc., +1-734-864-5600, or
Richard Moyer, Cameron Associates, +1-212-554-5466, for Advanced Photonix,
Inc.

Web site: http://www.advancedphotonix.com/
http://investor.advancedphotonix.com/
http://www.earnings.com/

EMCORE Corporation Sells a Portion of its WorldWater Preferred Stock Investment

ALBUQUERQUE, N.M., June 30 /PRNewswire-FirstCall/ -- EMCORE Corporation , a leading provider of semiconductor-based components and subsystems for the broadband, fiber-optic, satellite and terrestrial solar power markets, announced today that it had agreed to sell 2,000,000 shares of Series D Preferred Stock of WorldWater & Solar Technologies Corporation (BULLETIN BOARD: WWAT.OB) , together with 200,000 Warrants, to The Quercus Trust, a major shareholder of both EMCORE and WorldWater, at a price equal to $6.54 per share of the Series D Preferred Stock. The Series D Preferred Stock is convertible into WorldWater Common Stock at a ratio of 10 to 1, and each of the Warrants entitles the holder to purchase a share of Series D Preferred Stock for a price of $3.17 per share. The sale will take place through two closings, one for 1,000,000 shares and 100,000 warrants, which closed on Friday, June 27, 2008, and one for an equal number of shares and warrants which should close before July 31, 2008. Total proceeds from the sale approximates $13.1 million.

EMCORE purchased 4,892,857 shares of Series D Preferred Stock, together with 505,044 Warrants, in November 2006, and has a contractual right to purchase additional shares and warrants. In summary, EMCORE sold 2.2 million of its 5.4 million shares and warrants of WorldWater, which represents a 130% return on investment.

About EMCORE

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

Safe Harbor

Statements in this press release that are not historical facts, and the assumptions underlying such statements, constitute "forward- looking statements" and assumptions underlying "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and involve a number of risks and uncertainties, including whether the second closing with the Quercus Trust will occur. Readers should also review the risk factors set forth in EMCORE's Annual Report on Form 10-K for the fiscal year ended September 30, 2007. These forward-looking statements are made as of the date hereof, and EMCORE does not assume any obligation to update these statements.

CONTACT: EMCORE Corporation Adam Gushard - Interim Chief Financial Officer (505) 332-5000 info@emcore.com TTC Group Vic Allgeier (646) 290-6400 vic@ttcominc.com

EMCORE Corporation

CONTACT: Adam Gushard, Interim Chief Financial Officer of EMCORE
Corporation, +1-505-332-5000, info@emcore.com; or Vic Allgeier of TTC Group,
+1-646-290-6400, vic@ttcominc.com, for EMCORE Corporation

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

JoAnn M. Laing Joins First Advantage Corporation as Group President -- Employer Services

POWAY, Calif., June 30 /PRNewswire-FirstCall/ -- First Advantage Corporation , a global risk mitigation and business solutions provider, today announced the appointment of JoAnn M. Laing as president of its Employer Services segment. According to Todd L. Mavis, executive vice president - operations, to whom she will report, Laing brings a blend of business-to-business (B2B) and business-to-consumer (B2C) experience that will prove invaluable as the company's Employer Services segment seeks opportunities to expand its talent acquisition solutions to directly engage consumers.

"As the 'war for talent' continues to accelerate, we are seeing job candidates take far greater control in not only the recruitment process but also in the overall management of their careers," Mavis said. "This strengthening trend represents a unique opportunity for First Advantage to leverage our Employer Services' B2B talent acquisition offerings and our subsidiary LeadClick Media's B2C online advertising and lead generation services to reach employment candidates.

"JoAnn's diverse background in finance, e-commerce, marketing, technology and vertical markets globally make her ideally suited to oversee these business units and maximize the synergies between them to successfully execute this expanding vision for First Advantage."

Most recently, Laing was president and chief executive officer of Information Strategies, Inc., a marketing and media company with headquarters in New Jersey. Prior to that she was senior vice president and chief administrative officer at Sara Lee Apparel, where she oversaw the successful diversification of a B2B business to a B2C focus. Previously, she was part of the executive teams of Clay-Webster Associates, Olivetti and Chase Manhattan Bank after starting her career with Citicorp. Laing also served on multiple boards.

Laing is a graduate of Syracuse University's Whitman School of Management and holds an M.B.A. from the Harvard Business School. Author of three books, Laing is a nationally-recognized thought leader in health savings accounts (HSAs) and B2B marketing. She also co-founded the National Robotics Education Foundation (the-NREF.org), a non-profit organization dedicated to advancing robotics at all educational levels.

Bart Valdez, former president of the Employer Services segment, will remain with the company to assist Laing with the transition, as well as continue to play an important role in pursuing critical business development opportunities.

About First Advantage Corporation

First Advantage Corporation combines industry expertise with information to create products and services that organizations worldwide use to make smarter business decisions. First Advantage is a leading provider of consumer credit information in the mortgage, automotive and specialty finance markets; business credit information in the transportation industry; lead generation services; motor vehicle record reports; supply chain security consulting; employment background verifications; occupational health services; applicant tracking systems; recruiting solutions; skills and behavioral assessments; business tax consulting services; litigation investigations; computer forensics; electronic discovery; data recovery; due diligence reporting; resident screening; property management software and renters insurance. First Advantage ranks among the top companies in all of its major business lines. First Advantage is headquartered in St. Petersburg, Fla., and has more than 4,800 employees in offices throughout the United States and abroad. More information about First Advantage can be found at http://www.fadv.com/ .

First Advantage is a majority-owned subsidiary of The First American Corporation , a FORTUNE 500(R) company that traces its history to 1889. First American is America's largest provider of business information, supplying businesses and consumers with valuable information products to support the major economic events of people's lives. Additional information about the First American Family of Companies can be found at http://www.firstam.com/ .

Contacts: Henri Van Parys Corporate Communications Manager of First Advantage Corporation 727-214-1072 henri.vanparys@FADV.com Cindy Williams Investor Relations Manager of First Advantage Corporation 727-214-3438 clwilliams@FADV.com

First Advantage Corporation

CONTACT: Henri Van Parys, Corporate Communications Manager, +1-727-214-
1072, henri.vanparys@FADV.com, or Cindy Williams, Investor Relations Manager,
+1-727-214-3438, clwilliams@FADV.com, both of First Advantage Corporation.

Web site: http://www.fadv.com/
http://www.firstam.com/

Audiovox Corporation Sets Date for Its Fiscal 2009 First Quarter Results and Conference Call

HAUPPAUGE, N.Y., June 30 /PRNewswire-FirstCall/ -- Audiovox Corporation , today announced that it will be reporting its fiscal 2009 first quarter results for the period ended May 31, 2008 on Thursday, July 10, 2008 after market close. The Company also disclosed that it will be hosting a conference call and webcast on Friday, July 11, 2008 at 10 a.m. Eastern.

Conference Call Information Toll-free call-in number: (866) 831-6247 International call-in number: (617) 213-8856 Participant pass code: 21172509

Interested parties can also participate on the webcast by visiting the Audiovox website at http://www.audiovox.com/ and clicking on "Investor Relations".

For those who will be unable to participate, a webcast and teleconference replay will be available approximately one hour after the completion of the call.

Replay Information Replay Number: (888) 286-8010 International replay number: (617) 801-6888 Access code: 45691993

Audiovox is a recognized leader in the marketing of automotive entertainment, vehicle security and remote start systems, consumer electronics products and consumer electronics accessories. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the lines marketed by Audiovox are its mobile electronics products including mobile video systems, auto sound systems including satellite radio, vehicle security and remote start systems; consumer electronics products such as MP3 players, digital camcorders, DVRs, clock radios, portable DVD players, portable GPS, flat-panel TV's, extended range two-way radios, multi media products like digital picture frames and home and portable stereos; consumer electronics accessories such as indoor/outdoor antennas, connectivity products, headphones, speakers, wireless solutions, remote controls, power & surge protectors and media cleaning & storage devices; Energizer-branded products for rechargeable batteries and battery packs for camcorders, cordless phones, digital cameras and DVD players, as well as for power supply systems, automatic voltage regulators and surge protectors. The company markets its products through an extensive distribution network that includes power retailers, 12-volt specialists, mass merchandisers and an OE sales group. The company markets products under the Audiovox, RCA, Jensen, Acoustic Research, Energizer, Advent, Code Alarm, TERK, Prestige and SURFACE brands. For additional information, visit our web site at http://www.audiovox.com/.

Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the wireless business; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K for the fiscal year ended February 28, 2007 and form 10-Q for the fiscal third quarter ended November 30, 2007.

Investor Relations Contact: Glenn Wiener, GW Communications (212) 786-6011 or gwiener@GWCco.com

Audiovox Corporation

CONTACT: Investor Relations Contact, Glenn Wiener, GW Communications,
+1-212-786-6011, gwiener@GWCco.com, for Audiovox Corporation

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

Hologic to Present at the Collins Stewart Fourth Annual Growth Conference

BEDFORD, Mass., June 30 /PRNewswire-FirstCall/ -- Hologic, Inc. today announced that Glenn Muir, Chief Financial Officer, will be presenting at the Collins Stewart Fourth Annual Growth Conference being held July 8 - 10, 2008, at the Mandarin Oriental Hotel in New York, NY.

Interested parties are invited to listen to a live audio webcast of Hologic's investor presentation on Wednesday, July 9, 2008, at 11:00 AM, Eastern Time on the investor section of the Company's website at http://www.hologic.com/investor. An archive of the presentation will be available for replay following the conference.

About Hologic, Inc.

Hologic, Inc. is a leading developer, manufacturer and supplier of premium diagnostics, medical imaging systems and surgical products dedicated to serving the healthcare needs of women. Hologic leads the industry in digital mammography systems and offers the most advanced technology for breast imaging and breast biopsy. Hologic's core business units are focused on breast health, diagnostics, GYN surgical, and skeletal health. Hologic provides a comprehensive suite of technologies with products for mammography and breast biopsy, radiation treatment for early-stage breast cancer, cervical cancer screening, treatment for menorrhagia, osteoporosis assessment, preterm birth risk assessment, and mini C-arm for extremity imaging. For more information visit http://www.hologic.com/.

Contact: Glenn P. Muir Frances Doria Executive Vice President & CFO Director, Investor Relations Hologic, Inc. Hologic, Inc. (781) 999-7300 (781) 999-7377

Hologic, Inc.

CONTACT: Glenn P. Muir, Executive Vice President & CFO, +1-781-999-7300,
Frances Doria, Director, Investor Relations, +1-781-999-7377, both of Hologic,
Inc.

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

CSC Named Premier Value Provider for Community Bankers' SmartLender Program

FALLS CHURCH, Va., June 30 /PRNewswire/ -- CSC today announced that ICBA SmartLender LLC has selected CSC as its provider of merged mortgage credit and automated valuation reports. These reports, used to streamline the mortgage underwriting process, are now available to Independent Community Bankers of America (ICBA) members at prices traditionally available only to high-volume financial organizations.

CSC will provide ICBA SmartLender's bank customers these reports using a technology platform that interfaces with major underwriting engines and loan origination systems to speed loan processing. Member banks can access the reports, and related services, directly from CSC through numerous loan origination interfaces. They also will be available through the ICBA SmartLender portal by the end of the year.

"The SmartLender program levels the playing field for community banks because it offers pricing and service levels generally offered only to the largest mortgage originators," said Ed Pinto, president, ICBA SmartLender. "Joining forces with CSC to deliver these critical reports will empower our community banks to serve their mortgage loan customers more efficiently and economically."

"As the program's exclusive report provider, CSC can help member banks capitalize on efficiencies in the mortgage underwriting process," said John Dickson, president of CSC's Credit Services Division. "We welcome the opportunity this program provides to extend CSC's products and services to independent community bankers across the country."

As one of the largest consumer reporting agencies in the U.S., CSC provides consumer credit reporting, mortgage credit reporting, real-estate-related services, and account portfolio management to more than 20,000 clients.

About Independent Community Bankers of America

The Independent Community Bankers of America (ICBA) represents the largest constituency of community banks of all sizes and charter types in the nation, and is dedicated exclusively to protecting the interests of the community banking industry. This constituency is dedicated exclusively to enhancing the franchise value of the nation's community banks for the benefit of their customers and the communities they serve. Visit the ICBA on the Web at http://www.icba.org/.

About ICBA SmartLender

ICBA SmartLender offers a suite of products that can help a member bank offer more attractive mortgage loans to target groups in its community, reduce origination costs for it and its borrowers, and enhance a bank's execution options through established programs with investors to enable it to compete more effectively in the marketplace.

About CSC

CSC is a leading IT services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.

With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in Falls Church, Va., CSC reported revenue of $16.5 billion for the 12 months ended March 28, 2008. For more information, visit the company's Web site at http://www.csc.com/.

CSC

CONTACT: Marian Kelley, Director of Media and Analyst Relations,
Financial Services Sector, +1-512-275-5722, mkelley3@csc.com, or Janet Herin,
Manager, Media Relations, Corporate, +1-310-615-1693, jherin@csc.com, both of
CSC

Web site: http://www.csc.com/
http://www.icba.org/

Verizon Wireless Opens New Store in Westfield'Evolutionary' Design Provides Hands-on Experience with The Latest Voice, Data, Music and Video Services

MORRISTOWN, N.J., June 30 /PRNewswire/ -- Verizon Wireless, the leading wireless company with the most reliable voice and data network, recently opened its newest "evolution" Communications Store in Westfield, N.J.

The store, located at 100 North Avenue West, is the fourth Verizon Wireless store in New Jersey to incorporate a new interactive retail design inviting consumers to experience wireless voice, data, music and video services in a sleek, full-service environment. Store hours are Monday through Saturday from 9 a.m. to 9 p.m., and Sunday from 11 a.m. to 7 p.m. The store phone number is 908-789-1201. Features of the new store include:

-- More than 3,000 square-feet of retail, technical support and customer service space.

-- Interactive product and service demos available throughout the store.

-- Integrated systems and operational enhancements designed to streamline the sales process and increase customer satisfaction.

-- A check-in kiosk inviting customers to sign in on arrival and stay informed via monitors that track their place in the queue for service

-- Roomy and easy to locate technical assistance and customer support area.

Staffed by knowledgeable wireless professionals who offer consumers a broad range of equipment and services, including a new line-up of devices that combine V CAST music capabilities with full QWERTY keyboards for the "thumb" generation; the new LG Decoy, the world's first phone with a built-in, detachable Bluetooth(R) hands-free headset; and VZ Navigator (Verizon 4.0) which adds traffic and gas station information to audible turn-by-turn directions.

Demand for Verizon Wireless services continued during the first quarter of 2008 when the company added 1.5 million new customers, and continued its industry-leading customer loyalty rates. Verizon Wireless now serves more than 67.2 million customers nationwide.

Store Manager Pedro Valentin encourages area residents to join the company in its efforts to help survivors of domestic violence by bringing no-longer-used wireless phones to the new store for donation to the company's HopeLine(R) phone recycling program. HopeLine collects used cell phones to be recycled or sold and donates the proceeds in the form of cash grants and pre-paid wireless handsets to advocacy groups for use by survivors. Verizon Wireless was the first wireless carrier in the nation to collect and recycle old cell phones, and has done so on behalf of survivors of domestic violence since January 1999 -- first in New Jersey and then across the U.S.

The Westfield Communications Store is one of more than 140 Verizon Wireless retail locations in the New York Metro area.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/ . To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

Verizon Wireless

CONTACT: Gisela Lopez, +1-973-830-7397, gisela.lopez@vivianipr.com, or
David Samberg, +1-845-365-7212, David.Samberg@VerizonWireless.com, both of
Verizon Wireless

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

Lockheed Martin Wins $89 Million U.S. Defense Contract to Converge Distribution Information SystemsLM Team will Transform Distribution Systems to Boost War Fighter Confidence in Delivery of Supplies

MOUNTAIN VIEW, Calif., June 30 /PRNewswire/ -- Lockheed Martin has won an initial $89-million information convergence contract from the U.S. Transportation Command (USTRANSCOM) and the Defense Logistics Agency (DLA) to help enhance the performance of the military's distribution network. The Lockheed Martin team, including SAIC, Data Networks Corporation, PRTM, BearingPoint, Rainbow Data Systems, Innolog, Business Objects, Teradata and Oakland Consulting, was awarded the fixed-price, multi-year contract, which includes provisions for supplemental task orders in future years.

The contract calls on the Lockheed Martin team to merge DLA's Integrated Data Environment (IDE) distribution system with USTRANSCOM's Global Transportation Network (GTN) into a unified system called IDE/GTN Convergence (IGC). Lockheed Martin built and maintains GTN and will synchronize the systems with other information systems.

IGC will provide a common information platform that enables the military to more collaboratively and cost-effectively improve end-to-end supply visibility, responsiveness, decision-making, service and logistics processes. The platform includes a single repository and universal access to logistics data so that any user or developer can easily find, access or manage supply chain information.

"We're honored to continue our partnership with DLA and USTRANSCOM and to help meet the challenge of creating a more responsive and reliable distribution system," said Angie Heise, director of Lockheed Martin's Savi Logistics Systems. "By seamlessly fusing information from myriad systems, IGC will provide a single data source for distribution information."

The Lockheed Martin proposal incorporates a Services Oriented Architecture (SOA) framework, which allows the IGC platform to enrich and expand its support capabilities through integration with other software systems. The solution also allows for the development of user communities on the IGC platform to collaborate on best practices that can continuously reinforce improvements throughout the information platform. These "self-service" capabilities enable program managers, developers, data partners, and the war fighter to build, discover, customize, and better supply transportation information.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion. For additional information, visit http://www.lockheedmartin.com/.

Lockheed Martin

CONTACT: Mark Nelson, +1-650-316-4872, mnelson@savi.com, or Kimberly
Jaindl, +1-301-240-5631, kimberly.jaindl@lmco.com, both of Lockheed Martin

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

SAND Technology Announces Third Quarter Results

MONTREAL, June 30 /PRNewswire-FirstCall/ -- SAND Technology Inc. (BULLETIN BOARD: SNDTF) , an international provider of intelligent enterprise information management software, today reported results for the nine-month period ended April 30, 2008. The Company reported a net income for the third quarter of fiscal year 2008 of $8,441 on revenues of $1,905,984 compared with a net loss of $753,440 on revenues of $1,559,407 for the third quarter of fiscal year 2007.

"SAND is delighted to report that the company has had a profitable third quarter. The improvement in our net results in comparison to the same period last year reflects the changes we have made to the company to position it for growth in the years ahead," said Arthur Ritchie, President and Chief Executive Officer of SAND. "With the new array of functionality introduced in our product line, we are anticipating increased market interest in our SAND/DNA products, including the new SAND/DNA for SAP BI offering. We are particularly encouraged by the signing of Procter and Gamble for our SAND/DNA for SAP BI product, and the recent multi-million dollar contracts signed in the Financial Services sector. Also, we have been notified that SAND/DNA is one of the software components included in a very large award that has been granted to one of the world's largest Systems Integrators for a solution to be installed in US government organizations over the next decade," Mr. Ritchie added. "We are optimistic that the continued growth of our global partner ecosystem, along with more aggressive marketing efforts including participation in events such as SAP Sapphire with Sun, TDWI, Storage Expo with Sun, and various webinars and seminars with other partners such as SAP, HP, Cap Gemini, and Sapient, will help us to realize our potential," he concluded.

About SAND Technology

SAND is an international provider of intelligent information management software. The SAND/DNA product suite scales to help any size enterprise cope with exploding data requirements, now and into the future. SAND/DNA Access allows for retaining all potentially relevant data in a tiny footprint while providing instant access to just what's required. SAND/DNA Analytics allows for complex what-if analysis to meet any planned and unplanned business need.

SAND/DNA solutions include CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors. SAND/DNA has achieved "Certified for SAP NetWeaver" status and SAND Nearline Integration Controller has achieved "Powered by SAP NetWeaver" status.

SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe.

SAND Technology, Nucleus, N-Vector, and MPSO are registered trademarks, and SAND/DNA, SAND/DNA Access, SAND/DNA Analytics, SAND/DNA aCRM, SAND Analytic Server, SAND Searchable Archive, SAND Extensible Warehouse, and all related SAND-, SAND/DNA, and Nucleus-based marks and designs, are trademarks of SAND Technology Inc. Other trademarks remain the property of their respective owners.

Certain statements contained in this press release are "forward looking statements" within the meaning of the United States Securities Act of 1933 and of the United States Securities Exchange Act of 1934. The forward-looking statements are intended to be subject to the safe harbour protection provided by these Acts. We have based these forward-looking statements on our current expectations and projections about future results, levels of activity, events, trends or plans. Such forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SAND to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward looking statements included in this press release are based on current expectations and on information available to SAND on the date of this press release. For a more detailed discussion of these risks and uncertainties and other business risks, see SAND's current Annual Report and SAND's reports to the Securities and Exchange Commission. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. We undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

SAND TECHNOLOGY INC. Consolidated Balance Sheet (Unaudited) IN CANADIAN DOLLARS As at As at Apr 30, 2008 July 31, 2007 Assets Current Assets Cash and cash equivalents $1,434,056 $330,711 Accounts Receivable, Net $1,368,827 $1,582,957 Unbilled receivables $245,184 $- Prepaid Expenses $120,519 $150,964 $3,168,586 $2,064,632 Capital Assets, Net $128,492 $181,669 Other Assets, Net $27,712 $110,847 $3,324,790 $2,357,148 Liabilities Current Liabilities Accounts Payable and Accrued $1,202,295 $1,076,116 Liabilities Deferred Revenue $1,500,687 $1,305,270 Due to Shareholder $1,196,195 $750,144 Deferred Credits $85,567 $107,569 $3,984,744 $3,239,099 Long term Liabilities Convertible Debentures $461,781 $- Shareholders' deficiency Common Stock $38,530,441 $38,530,441 Equity component of convertible debentures $548,038 $- Contributed Surplus $305,110 $305,110 Deficit $(40,505,324) $(39,717,50) ($1,121,735) $(881,951) $3,324,790 $2,357,148 SAND TECHNOLOGY INC. Consolidated Statement of Operations (Unaudited) IN CANADIAN DOLLARS 3 Months 9 Months 3 Months 9 Months Ended Ended Ended Ended Apr. 30, 2008 Apr. 30, 2008 Apr. 30, 2007 Apr. 30, 2007 Revenues $1,905,984 $5,110,430 $1,559,407 $4,891,472 Operating expenses Cost of Sales and Product Support $(333,900) $(1,133,254) $(398,322) $(1,298,312) Research and Development Costs $(355,133) $(1,445,810) $(598,337) $(1,758,289) Amortization of capital assets and acquired technology $(46,147) $(141,907) $(49,296) $(151,165) Selling, general and administrative expenses $(1,105,980) $(3,025,993) $(1,227,570) $(3,722,920) Total operating expense $(1,841,160) $(5,746,964) $(2,273,525) $(6,930,686) Operating Income (Loss) $64,824 $(636,534) $(714,118) $(2,039,214) Interest Income, Net $(56,383) $(151,288) $(39,322) $(39,853) Net Earnings (Loss) $8,441 $(787,822) $(753,440) $(2,079,067) Earnings (Loss) per share $0.00 ($0.06) ($0.06) ($0.16) Weighted average number of shares outstanding 14,318,189 14,318,189 12,818,189 12,818,189

SAND Technology Inc.

CONTACT: Investor Relations, de Jong & Associates, +1-760-943-9065,
sndt@dejong.org, for SAND Technology Inc.

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

Video: HowStuffWorks.com Launches Inaugural Marketing Campaign Encouraging People to 'Keep Asking'New Site Design Offers Engaging User Experience and Innovative Cross-Platform Sponsorship Opportunities

ATLANTA, June 30 /PRNewswire/ -- Today, the award-winning website HowStuffWorks.com launched its first-ever marketing campaign, using unique and attention-grabbing video to compel people to "Keep Asking" -- to dig deeper and get a better understanding of how the world actually works. Whether it be everyday, obscure, historical or news-related information, visitors to the site will find what they need to satisfy their curiosity online. The break-through campaign will run across Discovery Communications' online and TV assets.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080630/NYM139 )

To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/convex-group/33834/

Discovery Communications acquired HowStuffWorks six months ago to further strengthen the company's global position as the number-one nonfiction media company dedicated to providing knowledge and satisfying curiosity across all platforms. The launch of the new marketing campaign demonstrates the natural alignment between the brands. HowStuffWorks will now reach Discovery's audience of information seekers and introduce them to an extensive library of high-quality and easy to understand explanations spanning from solar cells to skyscrapers, from hybrid cars to HDTV, and countless other topics. Consumers can view the commercials and get behind-the-scenes information at http://www.howstuffworks.com/.

"This new campaign supports the site's core value proposition of 'making you smarter' by motivating people to go beyond the first layer of information and get the underlying explanation, which they can find at HowStuffWorks.com," said Jeff Arnold, CEO of HowStuffWorks.com. "In addition to the launch of the campaign, we've continued to make good progress since the acquisition closed. HowStuffWorks has contextually integrated content from Discovery's assets, launched a new site design, and experienced a 50 percent growth in its web traffic."

The combination of narrative, images and video creates an unrivaled multimedia experience on the company's newly redesigned website. With more intuitive navigation, simplified design, and enhanced search results, the site is a more engaging experience for consumers, making it easier for them to find the information they seek.

The "Keep Asking" theme and the new site design coupled with HowStuffWorks' trusted, editorially vetted content create an ideal environment for advertisers to move beyond the standard banner buy and into deeper consumer engagement through customizable content strategies. HowStuffWorks' quality-driven editorial strategy enables advertisers to be confident of the accuracy and relevancy of the information with which they are associating their brands. For automotive marketers this could mean reaching people who want information on hybrid cars, car financing and everything in between. For home improvement marketers it could mean exposure to large-scale home remodelers and do-it-yourself novices.

"By combining two of the highest-quality content producers in their respective formats, who effectively own knowledge and curiosity online and on-air, we are creating vast potential for advertisers," said Kathy Kayse, Executive Vice President, Digital Media Sales, Discovery Communications. "HowStuffWorks' innovative advertising platform and contextual relevance will position our clients in front of the right consumers, at the right time, and in the right way."

HowStuffWorks' marketing campaign was developed by its creative agency, Preston Kelly, Inc.

About HowStuffWorks.com

HowStuffWorks.com (http://www.howstuffworks.com/) is an online source of credible, unbiased and easy-to-understand explanations of how the world actually works. The site has won hundreds of awards since its inception, including multiple Webby awards, Time Magazine's "25 Web Sites We Can't Live Without" and PC Magazine's "Top 100 Web Sites." In December 2007, HowStuffWorks.com joined with Discovery Communications as part of Discovery's digital media strategy. Headquartered in Atlanta, Ga., HowStuffWorks.com was a subsidiary of The Convex Group, a media and technology company, from 2003 to 2007.

About Discovery Communications

Discovery Communications is the world's number-one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170 countries. Discovery empowers people to explore their world and satisfy their curiosity through 100-plus worldwide networks, led by Discovery Channel, TLC, Animal Planet, Science Channel, Planet Green, Investigation Discovery and HD Theater, as well as leading consumer and educational products and services, and a diversified portfolio of digital media services including HowStuffWorks. Discovery Communications is owned by Discovery Holding Company (Nasdaq: DISCA; DISCB), Advance/Newhouse Communications and John S. Hendricks, Discovery's founder and chairman. For more information, please visit http://www.discoverycommunications.com/ .

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080630/NYM139
PRN Photo Desk, photodesk@prnewswire.com Video: http://www.prnewswire.com/mnr/convex-group/33834 HowStuffWorks.com

CONTACT: Anne Braidish of HowStuffWorks.com, +1-404-926-0620,
abraidish@howstuffworks.com; or Blake Ross of Sunshine, Sachs & Associates,
+1-212-691-2800, Ross@sunshinesachs.com

Web site: http://www.howstuffworks.com/
http://www.discoverycommunications.com/

Microsoft and SVOX to Provide Speech Technology for Automotive Infotainment SolutionsSVOX and Microsoft will join forces to speech enable in-vehicle communication, entertainment, information and navigation products.

ZURICH, Switzerland and REDMOND, Wash., June 30 /PRNewswire/ -- SVOX AG and Microsoft Corp. will join forces to speech enable in-vehicle communication, entertainment, information and navigation products. This new generation of in-car speech solutions will be designed to meet the automotive industry's growing demand for innovative, multi-lingual and high quality text-to-speech solutions. Working together, SVOX and Microsoft will be able to turn around projects much faster than the typical automotive industry's product development cycle. The latest Microsoft Auto 3.0 SDK with SVOX text-to-speech is available now.

Martin Thall, general manager of Microsoft's Automotive Business Unit, said: "SVOX text-to-speech enhances the user experience of automotive infotainment systems. Our expertise in software for multimedia, entertainment and communications solutions in combination with SVOX's long years of speech technology experience forms the ideal basis for a successful collaboration. SVOX has highly recognized know-how in the design of speech solutions for infotainment systems and their responsiveness and customer focus are unmet in the industry. SVOX has pioneered the development of mixed-lingual speech technology, which enables for example an English voice read the name of a Spanish city or a French street with proper pronunciation. This is particularly useful for navigation applications where names often originate from a variety of different languages and mispronunciations can lead to an unpleasant user experience."

"We are pleased that SVOX is part of Microsoft Auto 3.0 as our speech technology partner," said Martin Thall. "The extremely flexible and modular nature of our offerings makes it perfectly suited to provide a range of innovative infotainment solutions that transform the user experience by connecting drivers seamlessly to the people, information and entertainment they care about while keeping their hands on the wheel and eyes on the road."

"Thanks to this great partnership with Microsoft, we will be able to incorporate the rapidly changing trends in consumer electronics into the world of automotive electronics in a meaningful way," said Volker Jantzen, CEO of SVOX AG. "Working together, we will deliver a new breed of speech technology enabled vehicle generations."

About SVOX AG

SVOX AG is the leading provider of embedded speech solutions for the automotive and mobile device industries. The SVOX Text-to-Speech system, the company's signature product, is part of a full product suite of small, fast and multilingual applications that enable computers and other electronic devices to convert written text into natural-sounding and easily comprehensible speech. SVOX's focus on embedded speech allows for specifically optimized solutions, and its software architecture provides customers with a speech engine that can be easily tailored to their technical requirements and market needs. Visit http://www.svox.com/.

Microsoft Automotive Business Unit

The Microsoft Automotive Business Unit is a dedicated partner to the auto industry, providing innovative technologies and flexible software platforms to help deliver simple, more reliable and cost-effective in-car infotainment systems. Developed closely with automakers and automotive suppliers, the award-winning Microsoft Auto and Windows Automotive software platforms connect drivers with a wide range of devices, services and technology while on the go, including hands-free communication, mobile device integration, customized navigation and high-fidelity digital entertainment. More information can be found at http://www.microsoft.com/windowsautomotive/default.mspx.

About Microsoft

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

SVOX AG

CONTACT: Phil Lichtenberg, +41-43-544-0623, lichtenberg@svox.com

Web site: http://www.svox.com/
http://www.microsoft.com/windowsautomotive/default.mspx

Harris Corporation to Announce Fourth Quarter Results on Tuesday, August 5, 2008

MELBOURNE, Fla., June 30 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, will host a conference call on Tuesday, August 5, 2008, at 4:30 p.m. ET to discuss its fourth quarter fiscal year 2008 financial results. The company will issue a press release reporting its fourth quarter earnings results at approximately 4:00 p.m. ET.

The dial-in number for the teleconference is (719) 325-4756 and the access code is 1862497. Please allow at least 10 minutes prior to the scheduled start time to connect to the teleconference. Harris encourages you to listen via web cast, which will be broadcast live at http://www.harris.com/conference-call .

A replay of the teleconference will be available beginning at 8:00 p.m. ET on August 5 and will run until midnight ET on Tuesday, August 12. To access the replay, please call (719) 457-0820, access code 1862497. A recording of the call will also be available on the Harris website beginning at 7:00 p.m. ET on August 5.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of more than $5 billion and 16,000 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R); products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/ .

Harris Corporation

CONTACT: Investor Relations: Pamela Padgett, +1-321-727-9383,
pamela.padgett@harris.com, Media: Jim Burke, +1-321-727-9131,
jim.burke@harris.com, both of Harris Corporation

Web site: http://www.harris.com/
http://www.harris.com/conference-call

Calypso Wireless, Inc. Announces Nine Month Note Extension

MIAMI, June 30 /PRNewswire-FirstCall/ -- Calypso Wireless, Inc. , a leading innovator in advanced wireless telecommunications technologies announced today that the company has extended its note with Drago Daic.

Calypso Wireless President Richard Pattin says, "This nine month extension will give us the ability to build shareholder value and the flexibility we need to execute our business plan. With the recently announced European and Mexican patents and now financing flexibility, I believe, we are poised to make significant progress in building our company."

About Calypso Wireless, Inc.

Calypso Wireless' patented ASNAP(TM) technology enables the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers and short-range Internet access points (such as Wi-Fi, Blue tooth, etc). ASNAP(TM) also enables greatly enhances services such as broadband connectivity, real time two way video conferencing, VoIP and network-based gaming applications via Calypso's cellular phones, PDAs or any mobile device powered with ASNAP(TM). Another of Calypso's technologies enables cellular phones and PDAs to convert any incoming text messages to voice messages and vice versa. Calypso plans to begin licensing its technologies to mobile operators, OEMs and ISPs. For more detailed about Calypso Wireless, please visit: http://www.calypsowireless.com/.

Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward- looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words 'planned,' 'expects,' 'believes,' 'strategy,' 'opportunity,' 'anticipates,' 'hopes' or other similar words. There can be no assurance that the forward-looking statements made herein will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward-looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

Contact: Calypso Wireless, Inc. Richard Pattin 305-477-8722 rpattin@calypsowireless.com http://www.calypsowireless.com/

Calypso Wireless, Inc.

CONTACT: Richard Pattin of Calypso Wireless, Inc., +1-305-477-8722,
rpattin@calypsowireless.com

Web site: http://calypsowireless.com/

Micromem ships first production level hall sensors for client testing

TORONTO, June 30 /PRNewswire-FirstCall/ -- Micromem Technologies Inc. (OTC BB: MMTIF) is pleased to announce the first production level shipments of its patented magnetic sensor which is based on the Hall Effect. The sensors have been produced in traditional package configuration and are being distributed to key clients for field evaluation. This is an integral component of the company's MRAM product line.

Micromem recently completed a 4-way evaluation using competitive hall sensors. During this evaluation the company's device produced superior results in the areas of sensitivity, lower power requirements and consistent and linear performance of Hall Voltage versus Magnetic flux density in the targeted temperature range.

Micromem is focused on the design of nanotechnology arrays of micron-sized magnetic sensors on a single chip that will be used to detect very small magnetic fields with very high spatial resolution. The company's patented sensor technology includes a memory component that allows for frequency tuned pattern recognition of very small magnetic fields. In addition it can detect changes in magnetic fields that are associated with magnetic biosensors, non-destructive test, inspection and evaluation and for other medical and homeland security applications.

Listing: NASD OTC-Bulletin Board - Symbol: "MMTIF" Shares issued: 79,661,879 SEC File No: 0-26005 About Micromem Technologies Inc. --------------------------------

Micromem Technologies, Inc. (http://www.micromeminc.com/) is focused on the development of magnetic random access memory (MRAM) and sensor technology.

Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties, which may cause Micromem's actual results in future periods to differ materially from those expressed or suggested herein. These uncertainties and risks include, without limitation, the inherent uncertainty of research, product development and commercialization, the impact of competitive products and patents, our ability to fund our current and future business strategies and respond to the effect of economic and business conditions generally as well as other risks and uncertainties detailed from time to time in Micromem's filings with the Securities & Exchange Commission. There can be no guarantee that Micromem will be able to enter into any commercial arrangements on terms that are favorable to it, or at all. For more information, please refer to Micromem's Annual Report on Form 20-F and its Form 6-Ks as filed with the U.S. Securities and Exchange Commission. Micromem is under no obligation (and expressly disclaims any obligation) to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Micromem Technologies Inc.

CONTACT: Jason Baun, Chief Information Officer, 1-877-388-8930

J.D. Power and Associates Reports: Kia.com Ranks Highest Among Manufacturer Web Sites in Satisfying New-Vehicle ShoppersRegular Enhancements to Manufacturer Sites Can be as Effective as Redesigns in Increasing Usefulness

WESTLAKE VILLAGE, Calif., June 30 /PRNewswire/ -- Kia.com ranks highest among automotive manufacturer Web sites for usefulness in new-vehicle shopping, according to the J.D. Power and Associates 2008 Manufacturer Web Site Evaluation Study(SM) (MWES) - Wave 2 released today.

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

The semi-annual study measures the usefulness of automotive manufacturer Web sites during the new-vehicle shopping process. New-vehicle shoppers evaluate Web sites in four key areas: appearance, speed, navigation and information/content.

Kia ranks highest with an index score of 872 on a 1,000-point scale -- marking a nine-point increase from the last wave of the study, which was released in January 2008. Closely following Kia in the rankings are Ford (871) and Mazda (870), with Ford performing particularly well in the appearance factor. Also performing significantly above the industry average are Honda, Jeep, Lincoln, Porsche, BMW, Cadillac and Subaru.

"Over the years, Kia has successfully satisfied shoppers with its straightforward, intuitive Web site by providing pages that load quickly and that are easy to navigate," said Arianne Walker, director of marketing/media research at J.D. Power and Associates. "By focusing on these key aspects of the Web site experience, Kia has continually met the expectations of its customers. In fact, this marks the fourth time in 10 reporting waves that Kia has ranked highest."

On average, most manufacturer Web sites undergo a major redesign every two to three years. While redesigns can eventually lead to increased satisfaction, small updates to improve critical areas on a manufacturer Web site -- such as information and content and ease of navigation -- can also positively impact the customer experience in a more cost-effective manner.

In particular, Ford and Porsche have made frequent tweaks and updates to their sites, all leading to a steady increase in satisfaction scores during the past four years, without a major redesign. Specifically, after enhancing navigation following the second wave of MWES in 2007, these manufacturers have also made significant improvements in speed since January 2008.

"Ford and Porsche provide a great example of how targeted, consistent improvements to a site can really pay off," said Walker. "With limited resources at many of the manufacturers and their advertising agencies, choosing to stick with a well-thought-out master design while consistently improving site content, framework and behind-the-scenes programming can prove not only more cost effective, but just as successful as a major site redesign in meeting the needs of shoppers."

The study also finds the following key patterns:

-- Satisfaction with a manufacturer Web site tends to increase shopper visits to the dealership, as 75 percent of shoppers who give high ratings on a site are more likely to go to a dealership to test drive a vehicle.

-- Overall satisfaction with manufacturer Web sites has increased to 849 -- eight points more than the previous wave of the study. In particular, satisfaction with loading speed has increased as manufacturer Web sites have employed a variety of techniques -- such as better navigation schemes, more aggressive caching, better page load order and pre-loading of content -- to offer rich content that loads quickly.

The 2008 Manufacturer Web Site Evaluation Study - Wave 2 is based on evaluations gathered in April 2008 from more than 11,400 new-vehicle shoppers who indicated they would be in the market for a new vehicle within the next 24 months.

Manufacturer Web Site Ranking (Based on a 1,000-point scale) Manufacturer Index Score Kia 872 Ford 871 Mazda 870 Honda 868 Jeep 867 Lincoln 867 Porsche 867 BMW 864 Cadillac 864 Subaru 863 Toyota 858 MINI 857 Acura 855 HUMMER 854 Lexus 854 Saab 853 GMC 852 Nissan 852 Infiniti 851 Mitsubishi 850 Land Rover 849 Suzuki 849 Industry Average 849 Mercury 848 Mercedes-Benz 846 Chrysler 845 Chevrolet 843 Jaguar 842 Saturn 842 Volvo 842 Hyundai 838 Buick 836 Dodge 832 Volkswagen 832 Pontiac 816 Audi 807 Scion 802 About J.D. Power and Associates

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

About The McGraw-Hill Companies

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com/.

J.D. Power and Associates Media Relations Contacts: John Tews Syvetril Perryman Troy, Mich. Westlake Village, Calif. (248) 312-4119 (805) 418-8103 john.tews@jdpa.com syvetril.perryman@jdpa.com

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

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

CONTACT: John Tews, Troy, Mich., +1-248-312-4119, john.tews@jdpa.com, or
Syvetril Perryman, Westlake Village, Calif., +1-805-418-8103,
syvetril.perryman@jdpa.com, both of J.D. Power and Associates

Web site: http://www.jdpower.com/
http://www.mcgraw-hill.com/

Computerworld Magazine Names Aflac as One of the Best Places to Work in Information Technology

COLUMBUS, Ga., June 30 /PRNewswire/ -- Today, Aflac was selected as a top employer for Information Technology professionals by IDG's Computerworld magazine. The leading insurer ranked Number 34 on the 15th annual Best Places to Work in IT listing. In the publication's July edition Aflac's flexible work schedule and work/life balance for employees was cited as a determining factor in continuing its nine-year run on the coveted list.

"It is an honor to have a reputation as an employer of choice for IT professionals," said Gerald Shields, senior vice president, CIO. "Aflac's IT team is committed to being leaders in innovation because we understand the added value that technology can bring to our sales force's ability to perform their jobs while providing quality service to our customers. We are proud of the critical role we have within the organization."

This year, businesses completed a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings.

"Being among the Best Places to Work in IT means crafting a blend of employee advantages that includes the potential for flexible hours, competitive pay, excellent benefits, a supportive leadership environment, opportunities for ongoing training and advancement, and ultimately, the feeling that you'd like to stay with the company a long, long time," said Scot Finnie, editor in chief of Computerworld.

Aflac's IT department developed SmartApp(TM) software, a laptop computer system designed to enable its sales associates to electronically transmit policy applications for same-day processing. Currently, this technology is a part of the permanent research collection at the Smithsonian National Museum of American History. Today, Aflac's innovation still continues as the company's IT creates technology that allows its agents to receive real-time updates to better serve their customers. Earlier this month, CIO magazine recognized Aflac's paramount innovation in information technology during its annual CIO 100 symposium and awards listing.

About Computerworld

Computerworld is the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site ( http://www.computerworld.com/ ), weekly publication, focused conference series and custom research form the hub of the world's largest (40+ edition) global IT media network. In the past five years alone, Computerworld has won more than 100 awards, including Folio Magazine's 2006 Gold EDDIE Award for the best technology/computing magazine, the 2004 and 2006 Magazine of the Year Award, and 2006 Best Overall Web Publication from the American Society of Business Publication Editors (ASBPE). In addition, in 2007 Computerworld's then editor in chief, Don Tennant, received the prestigious Timothy White Award from American Business Media. Computerworld leads the industry with an online audience of over 2 million unique, monthly visitors and a print audience of 1,222,000 readers each week (IntelliQuest CIMS Spring 2007).

About Aflac

For more than 50 years, Aflac products have given policyholders the opportunity to direct cash where it is needed most when a life-interrupting medical event causes financial challenges. Aflac is the number one provider of guaranteed-renewable insurance in the United States and the number one insurance company in terms of individual insurance policies in force in Japan. Its insurance products provide protection to more than 40 million people worldwide. Aflac has been included in Fortune magazine's listing of America's Most Admired Companies for seven years and in Fortune magazine's list of the 100 Best Companies to Work For in America for ten consecutive years. Aflac also has been recognized three times by both Fortune magazine's listing of the Top 50 Employers for Minorities and Working Mother magazine's listing of the 100 Best Companies for Working Mothers. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com

(Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO ) Media Contacts: Yolonda Stephen Mechell Clark Aflac Incorporated Aflac Incorporated (706) 243-8547 Voice (706) 243-8004 Voice (706) 320-2288 Fax (706) 320-2288 Fax yking@aflac.com meclark@aflac.com

Photo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Aflac

CONTACT: Yolonda Stephen, +1-706-243-8547, or fax, +1-706-320-2288,
yking@aflac.com; or Mechell Clark, +1-706-243-8004, or fax, +1-706-320-2288,
meclark@aflac.com, both of Aflac Incorporated

Web site: http://www.aflac.com/
http://www.computerworld.com/

Morningstar, Inc. to Announce Second-Quarter 2008 Financial Results on July 31

CHICAGO, June 30 /PRNewswire-FirstCall/ -- Morningstar, Inc. today announced that it plans to report its second-quarter 2008 financial results after the market closes on Thursday, July 31, 2008. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 270,000 investment offerings, including stocks, mutual funds, and similar vehicles. The company has operations in 18 countries and minority ownership positions in companies based in three other countries.

(C)2008 Morningstar, Inc. All rights reserved.

Morningstar, Inc.

CONTACT: Nadine Youssef, +1-312-696-6601,
nadine.youssef@morningstar.com, or Investors: Please submit questions to
investors@morningstar.com or by fax to 312-696-6009.

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

CarMax Named One of Computerworld's 100 Best Places to Work in Information TechnologyCompany Enters List at No. 57

RICHMOND, Va., June 30 /PRNewswire/ -- CarMax, Inc. , the nation's largest retailer of used cars, has been named by IDG's Computerworld Magazine as one of the 100 Best Places to Work in Information Technology (IT) in 2008. This was the first year CarMax applied to and placed on the prestigious list.

The Best Places to Work in Information Technology (IT) list is an annual ranking of the top 100 work environments for technology professionals compiled by IDG's Computerworld Magazine, the "Voice of IT Management." The list is compiled based on a comprehensive questionnaire regarding company offerings in many categories, such as benefits, diversity, career development, training and retention. In addition, Computerworld conducts extensive surveys of IT workers with responses factoring heavily in determining the rankings.

"Our unique culture includes a commitment to developing our associates by offering exceptional training and recognition programs," said Richard Smith, senior vice president and chief information officer of CarMax. "The Certified CarMax Analyst (CCA) program is one of our in-house career development opportunities. This training focuses on three areas of growth: business processes, technical skills and leadership traits. Almost 20% of our IT associates have obtained their CCA designation and this helps them bring a robust set of skills to their teams."

The CarMax IT department also conducts the CarMax Training Academy, a training program for recent college graduates who are just beginning their IT careers. Newly hired associates undergo three months of technical training along with a mentoring program that provides a structured development path from college to practical business skills. In addition, the CarMax CarBucks program allows IT associates to recognize their peers for exceptional service. The IT department's commitment to the development and recognition of associates leads to a high retention rate; 90 percent of the IT leadership has been with CarMax for more than five years and 77 percent have been with CarMax for more than 10 years.

About CarMax

CarMax, a FORTUNE 500 company, and one of the FORTUNE 2008 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 97 used car superstores in 45 markets. The CarMax consumer offer provides our customers the opportunity to shop for vehicles the way they shop for items at other national retailers, and it is structured around four customer benefits: low, no-haggle prices; a broad selection; high quality vehicles; and a customer-friendly sales process. During the fiscal year ended February 29, 2008, we retailed 377,244 used cars and sold 222,406 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at http://www.carmax.com/.

(Logo: http://www.newscom.com/cgi-bin/prnh/20011214/CARMAXLOGO )

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20011214/CARMAXLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com CarMax, Inc.

CONTACT: Trina H. Lee, Director, Public Relations, +1-804-747-0422 ext.
4197, or Elia C. Imler, Assistant Manager, Public Affairs, +1-804-747-0422
ext. 4029, both of CarMax, Inc.

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

Prologic Launches Latest Integrated-Channel Software for Fashion & Lifestyle

BERKHAMSTED, England, June 30 /PRNewswire-FirstCall/ -- - CIMS V7.6 Delivers 80 New Enhancements to Prologic's Integrated System for the Fashion & Lifestyle Sector

Fashion business systems provider, Prologic, has announced the latest release of CIMS, the integrated-channel software for fashion & lifestyle companies. CIMS V7.6 includes over 80 new enhancements to the core CIMS system. Examples of important new capabilities include:

- Major extensions to CIMS channel capabilities with new sub-channel structures - Channel calculations and prioritisation down to warehouse bin level - New SOA/XML infrastructure to deliver modular business services - Transparent stock visibility at unit, pack, carton and pallet level - Extensions to CIMS Cube reporting to deliver world class data aggregation

Early adopters of CIMS V7.6 include Ted Baker, Paul Smith and Turner Bianca.

Sam Jackson, Chief Executive of Prologic, says, "CIMS is specifically designed to help fashion & lifestyle companies adapt quickly and cost effectively to new business opportunities, whilst maintaining strong control over processes and operations. With CIMS V7.6 we are releasing over 80 new enhancements, all of which are relevant to the fashion sector."

Commenting on the benefits of using a single version, single database product such as Prologic CIMS, Jackson explains, "The implementation of centralised information systems and integrated business processes has helped many of our customers to be more successful and to leap ahead of their peers. Whether you retail through your own stores, franchise, wholesale, or sell through mail order or the web, CIMS can manage every aspect of your business operation, from merchandise planning, through supply chain management to the point of sale and the consumer website. All delivered as a single integrated whole."

The Prologic CIMS model is based on responsive and continuous improvement to a single version, single database product. Because all Prologic customers operate within the fashion & lifestyle sector, functional improvements are of value to most customers. This means that the rate of functionality enhancement is far greater than could be achieved by each customer making their own bespoke improvements. The model also means that customers benefit from the stability, low cost and robustness associated with a single version software product.

About Prologic

Prologic is a specialist provider of software, services and consultancy to the fashion & lifestyle sector. The company's flagship enterprise application, CIMS, is a single solution multi-channel business system designed to meet the varied and complex needs of the sector. Modules include planning, merchandising, store systems, sourcing, warehousing, wholesale, franchise, concessions and reporting.

The single version, single database approach is based on continuous customer-driven improvement, which provides distinct advantages over the traditional practice of interfacing disparate point solutions.

With a track record extending over 2 decades, Prologic has been quoted on the AIM market of the London Stock Exchange since 2004.

Prologic works with many of the UK's best known and most successful fashion & lifestyle brands. Customers include Ted Baker, Paul Smith, Aquascutum, Hobbs, LK Bennett, TM Lewin, Liberty, Fat Face, White Stuff and many more.

For further information, please contact: Manuela Spinnler Head of Marketing Prologic plc +44-(0)1442-876277 http://www.prologic.com/

Prologic plc

CONTACT: For further information, please contact: Manuela Spinnler,
Head of Marketing, Prologic plc, +44-(0)1442-876277

Vidshadow Partners With Next New Networks

PLACENTIA, Calif., June 30 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Pink Sheets: VSHD) (http://www.vidshadow.com/), an online video platform that partners with content providers, third party websites, and advertisers, today announced an agreement with Next New Networks, the leading independent new media company that creates, produces and super-distributes online television networks for targeted communities. This partnership will allow Vidshadow to syndicate Next New Networks' market-leading programming across the Vidshadow network, which includes both affiliate sites and company owned online destinations such as http://www.vidshadow.tv/.

Next New Networks currently operates twelve successful networks within the automotive, entertainment, pop culture, fashion and politics categories, including hit networks such as: Channel Frederator, Barely Political, Fast Lane Daily, Garage 419 and VOD Cars.

This agreement propels Vidshadow into the elite categories of online syndicated networks, providing a valuable outlet for brand advertisers and giving Vidshadow a boost in its efforts to expand its automotive affiliate sites for their syndication network.

"This strategic partnership is another important step for Vidshadow in broadening our library to include category driven content," said Jordan Hudgens, Chief Executive Officer, Vidshadow. "Our partnership with Next New Networks will ensure that our network has premium automotive, political and high quality animated online content. When we reach out to automotive viewers, affiliates and advertisers, we will be able to offer niche centric content that is relevant to viewers' expectations."

"Vidshadow's fast growing network provides us with several avenues through which to super-distribute our content," said Herb Scannell, Chairman and Chief Executive Officer, Next New Networks. "We are excited to have our content distributed through the Vidshadow platform and the opportunity to expand our audience reach through their robust network of targeted affiliates."

Vidshadow possesses best-in-class technology and a rapidly growing library of content, giving it an advantage over competitors in the space. The deal comes on the heels of Vidshadow's partnership announcements with FullTurn Media and National Lampoon.

About Vidshadow

Founded in 2006 by CEO Jordan Hudgens and based in Orange County, CA, Vidshadow (Pink Sheets: VSHD) is one of the Internet's fastest growing video distribution networks providing solutions to advertisers, content providers and affiliate web sites. Vidshadow offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit http://www.vidshadow.com/.

About Next New Networks

Next New Networks is a new kind of media company, creating and programming online television networks for targeted communities, incorporating the best elements of television and the web. Since its start in March 2007, the company has launched sixteen networks, and its video programming has been viewed over 250 million times via the company's "super-distribution" strategy, which includes formal content partnerships with leading destinations including YouTube, iTunes, MySpace TV, AOL Video, Amazon Unbox, Veoh, Tivo, and Yahoo! Video.

Hit programming from Next New Networks includes Channel Frederator (home of "Internet People" and popular series The Meth Minute 39), Barely Political (the creators of Obama Girl), daily auto news network Fast Lane Daily, and Indy Mogul, a network for the YouTube generation of DIY filmmakers. The company, headquartered in New York, is privately owned, with investors including Spark Capital, Goldman Sachs and Velocity Interactive. For more information, please visit http://www.nextnewnetworks.com/.

Forward-Looking Statements

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward- looking statements.

Contact: 5W Public Relations Christina Oh 212-584-4270 coh@5wpr.com

Vidshadow, Inc.

CONTACT: Christina Oh of 5W Public Relations, +1-212-584-4270,
coh@5wpr.com, for Vidshadow, Inc.

Web site: http://www.vidshadow.com/
http://www.nextnewnetworks.com/

NVIDIA Appoints First CUDA Center of ExcellenceUniversity of Illinois at Urbana-Champaign Selected for its Pioneering Work in Parallel Computing Education

SANTA CLARA, Calif., and URBANA, Ill., June 30 /PRNewswire-FirstCall/ -- NVIDIA Corporation , the worldwide leader in visual computing technologies, and the University of Illinois at Urbana-Champaign (UIUC) today announced that UIUC has been named as the world's first CUDA Center of Excellence. In addition to the appointment, NVIDIA has donated $500,000 to UIUC for the development of parallel computing facilities and the continuation of its research programs.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)

"The CUDA Center of Excellence program rewards schools that truly embrace the concept of parallel processing as the future of computing," said Dr. David Kirk, chief scientist at NVIDIA. "Schools receiving this accreditation integrate the CUDA software environment into their curriculum to help their students harness the capabilities of these new parallel processing architectures. As one of the country's leading schools in this field, I am personally delighted to appoint UIUC as our first CUDA Center of Excellence."

The Theoretical and Computational Biophysics Group at UIUC was one of the first research groups to leverage the parallel architecture of the GPU to accelerate their research in the field of computational biophysics. They have successfully accelerated NAMD/VMD -- a popular parallel molecular dynamics application that analyzes large biomolecular systems. It is hoped that this donation will aid this group, and others at the university, to further their work and speed them down the path to great discovery.

"We're very excited to partner with NVIDIA and anticipate that together we will achieve breakthroughs in biomedicine, leading to a better understanding of disease and more effective treatments," said Klaus Schulten, Swanlund Professor of Physics and director of the Theoretical and Computational Biophysics Group at Illinois (http://www.ks.uiuc.edu/). "This generous gift will be a great stimulus for Illinois' team of outstanding young programmers. It will help to extend their ranks and equip them with the necessary tools to advance computing in decades to come."

Universities wishing to become CUDA Centers of Excellence must teach a CUDA(TM) class and use CUDA technology in their research, usually across several labs. In return, NVIDIA supports the school through funding and equipment donations, including help to set up a GPU computing cluster. The appointment of UIUC follows on from the donation last year of 32 QuadroPlex model 4 systems, containing 64 GPUs for a 16-node CUDA technology cluster. The cluster, that has an $800K value, is administered by NCSA (http://www.ncsa.uiuc.edu/).

The Principal Investigator of the first CUDA Center of Excellence is Prof. Wen-mei Hwu, Sanders-AMD Endowed Chair in Electrical & Computer Engineering at Illinois. Prior to this appointment, Prof. Hwu and Dr. Kirk collaborated to teach one of the nation's first courses for advanced students in massively parallel processing (http://courses.ece.uiuc.edu/ece498/al1/). According to Hwu, "Future increases in computational performance are directly rooted in massively parallel hardware such as many-core GPUs. The biggest challenge today is in parallelizing code to take advantage of the hardware most successfully. NVidia's groundbreaking CUDA solution is a significant step in this direction. We are very proud to host the first CUDA Center of Excellence at Illinois and to be able to partner with an industry leader like NVidia as we move forward."

NVIDIA(R) CUDA technology is an award-winning C-compiler and software development kit (SDK) for developing computing applications on graphics processing units (GPUs).

For more information, visit http://www.nvidia.com/cuda About NVIDIA

NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, California, and has offices throughout Asia, Europe, and the Americas. NVIDIA's inaugural NVISION 08 conference will be held August 25-27, 2008 in San Jose, California. For more information, visit http://www.nvidia.com/ and http://www.nvision2008.com/.

About the Coordinated Science Laboratory

The Coordinated Science Laboratory at the University of Illinois is one of the nation's premier, multidisciplinary research laboratories, focusing on information technology at the crossroads of computing, control and communications. Created by NASA nearly 60 years ago, CSL continues to transform society by developing and deploying new technologies in areas such as defense, medicine, environmental sciences, robotics, life-enhancement for the disabled and aeronautics. For more information, visit http://www.csl.uiuc.edu/.

Certain statements in this press release including, but not limited to, statements as to: the CUDA Center of Excellence Program; uses, benefits and impact of NVIDIA's donation and CUDA software; and future increases in computational performance are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: our reliance on third parties to manufacture, assemble and test our products; design, manufacturing or software defects; development of faster or more efficient GPU or CPU technology; unexpected loss of performance of our products or technologies when integrated into systems; the impact of technological development and competition; customer adoption of competitors' products as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, GeForce, Quadro, Tesla, and CUDA are trademarks or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NVIDIA Corporation

CONTACT: Andrew Humber of NVIDIA Corporation, +1-408-486-8138,
ahumber@nvidia.com

Web site: http://www.nvidia.com/
http://www.ks.uiuc.edu/
http://www.ncsa.uiuc.edu/
http://www.nvision2008.com/

CBS Corporation Completes Acquisition of CNET Networks; Merges Operations Into New, Expanded CBS Interactive Business UnitNew CBS Interactive Represents Premier Online Content Network for Information and Entertainment- CBS Interactive Becomes the 8th Largest Web Network Worldwide;- Top Five Premium Content Ad-Supported Network;- The Number One Technology Network Led by CNET.com;- The Number Two Entertainment and Sports Network for Men 18-34Quincy Smith Named Chief Executive Officer and Neil Ashe Named President of CBS Interactive

NEW YORK and SAN FRANCISCO, June 30 /PRNewswire-FirstCall/ -- CBS Corporation announced today that it has completed its acquisition of CNET Networks, Inc. and merged its operations into a newly expanded CBS Interactive division. The new division incorporates all of the premium online brands of both CBS and CNET Networks into one business unit.

The announcement was made by Leslie Moonves, President and Chief Executive Officer, CBS Corporation, following the Company's acquisition of CNET Networks, Inc.

"This marks day one for the new CBS Interactive," said Moonves. "From entertainment, news and sports to technology, games and business, the combination of CBS and CNET Networks gives us the content and scale to be leaders on a platform that is gaining audience share faster than any other. Our unparalleled collection of sites will be an extremely powerful vehicle for advertisers to reach highly attractive demographics. At the same time, CBS Interactive will extend and leverage the power of our traditional businesses, as well as serve as a platform to launch the next generation of leading interactive properties that will play a central role in CBS's future. I couldn't be happier to welcome all the people of CNET to the new CBS Interactive group. I know we'll all do great things together."

The combined assets of CBS Interactive now make CBS the eighth largest web property worldwide in terms of monthly unique users, according to comScore (May 2008). In addition, CBS Interactive becomes a top five premium content advertiser-supported online network, the number one online technology network led by CNET.com and the number two entertainment and sports online network among Men 18-34.

The newly expanded business unit will comprise five vertical categories designed to appeal to like-minded audiences and offer advertisers scale across targeted demographics:

-- Technology: CNET.com is the number one Web site in the computer and consumer electronics category, reaching more than 18 million people every month with daily premium content offerings. From the latest product reviews to breaking news from the digital world, as well as video and program downloads, CNET.com has become the leading destination for people looking to navigate today's digital world.

-- Entertainment: Representing the third largest online entertainment group on the web, the collective reach of CBS Interactive's entertainment portfolio will now exceed 24 million users each month, and include many of the leading brands on the web today, including: TV.com, CBS.com, The CBS Audience Network, theInsider.com, GameSpot.com, Last.fm, and CHOW.com, among others. These are among the most visited entertainment destinations on the web today, each with their own identity and audience profile, and they continue to grow in users and time spent visiting. This past year, for instance, CBS.com market share grew a category-leading 41 percent. Combined with the power of America's most watched network -- CBS Television -- CBS Interactive offers unparalleled consumer reach online and offline.

-- Sports: CBS Interactive is a leader in athletic coverage, from sites devoted to professional sports to the largest collection of collegiate brands. Among its top destinations are CBSSports.com, CBSCollegeSports.com, NCAA.com, and MaxPreps.com, representing one of the digital world's largest sports footprints. Working with its leading broadcast and radio properties, CBS offers the unique opportunity to reach a wide group of people who are passionate about sports across the internet, television and radio.

-- News: Two of the strongest news sites in their own right, CBSNews.com, a leader in world news, and CNET News.com, the leader in technology news, combine to create the sixth largest property in the Current Events/Global News category. From breaking news and international reports to coverage of business, politics and technology, the combination of these two destinations gives users a global perspective they cannot find anywhere else.

-- Business: Eighteen million users each month have come to rely on CBS Interactive's business properties, which include BNET.com, the cornerstone of the business category, and leading sites like ZDNet and TechRepublic. Collectively, these assets are among the fastest growing destinations in the expanding business category and offer users the latest and most insightful business coverage, with unique perspectives on management and technology.

Moonves also announced today that Quincy Smith is named Chief Executive Officer and Neil Ashe is President of CBS Interactive. Smith has been at the helm of CBS Interactive since joining the Company in November 2006, and Ashe has led CNET Networks since October 2006.

"Quincy's unique understanding of the interactive space has pushed CBS to the forefront of new media," said Moonves. "There are so many more promising market opportunities before us and I greatly look forward to his continued leadership as we evolve our company at this exciting time."

"Neil brings a broad range of experience to this important new role," said Moonves. "His strong background as both a strategic executive and a results-oriented operator will add significant energy to this increasingly vital part of the CBS Corporation."

"Today CBS Interactive becomes a world-class player in online content with leading brands across information and entertainment," said Smith. "We now have the new media reach that clients want, and the content that audiences expect from CBS. Simultaneously, CBS Interactive also gets even more complementary and additive to the Company's core established businesses. I couldn't be happier to work with my friend Neil who will be instrumental in driving this business with me."

"We now have an amazing opportunity to realize the full potential of CNET Networks' premium brands by gaining access to the kind of mass market reach that only CBS can provide," said Ashe. "Our expertise and our market-leading brands will propel CBS into leadership positions on the internet. I'm very excited about being a part of this fantastic leadership team, which is one of the most talented and experienced in the interactive business. I look forward to working closely with Leslie and Quincy and the whole team to drive more audience to our industry-leading businesses and creating new revenue opportunities for CBS."

Smith has been President of CBS Interactive for CBS Corporation since November, 2006. In this role, he was responsible for overseeing the Company's entire interactive strategy and helping to guide its implementation across CBS Corporation's varied divisions and online businesses. Smith works in tandem with each CBS division to formulate new media strategies and partnerships involving all interactive platforms, including internet, mobile and video gaming. Reporting to Smith is the wide variety of interactive media company-wide, including its wholly-owned Websites. In addition, Smith works closely with CBS's corporate team to identify new businesses that could complement CBS's core assets and build its presence in the fast-growing digital counterpart to its existing programming platforms.

Ashe joined CNET Networks in 2002 as Senior Vice-President, Corporate Strategy and Development. In 2005, Ashe assumed the role of Executive Vice-President and his responsibilities expanded to include day-to-day management of the Community and Lifestyle, Business, Channel and International divisions. Ashe has led the company's content expansion strategy, including numerous acquisitions to develop its existing products and expand into new categories both domestically and internationally, which helped attract new audience and customer segments. During his tenure, the company acquired or launched MP3.com, Chow, BNET, UrbanBaby and China-based ZOL, PC Home and X-Car. This strategy has resulted in new product development, audience growth and revenue streams for the company. In addition, Ashe is a key spokesperson to both the investment and advertising communities and has been instrumental in CNET Networks' growth and success.

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

Cautionary Statement Concerning Forward-looking Statements

This release contains forward-looking information. All statements in this release, other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that are difficult to predict which could cause actual outcomes and results to differ materially from these statements, including those factors described in the news releases and filings with the Securities and Exchange Commission including but not limited to the most recent Annual Report on Form 10-K and other period reports on Forms 10-Q and 8-K filed by CBS Corporation. The forward-looking statements included in this release are made only as of the date of this release, and under section 27A of the Securities Act and section 21E of the Exchange Act, CBS Corporation does not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

CBS Corporation

CONTACT: Gil Schwartz, NY, +1-212-975-2121, Dana McClintock, NY,
+1-212-975-1077, Sarah Cain, SF, +1-415-344-2218

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

Company News On-Call: http://www.prnewswire.com/comp/965075.html

Hifn Earns VMware Certification for Swarm Secure Unified Storage Software

LOS GATOS, Calif., June 30 /PRNewswire-FirstCall/ -- Hifn(TM) , the catalyst behind storage and networking innovation, today announced that its award-winning Swarm(TM) Series has been certified with VMware ESX 3.5 and VMware ESX 3i, expanding the customer options for iSCSI SAN storage in a VMware virtual environment.

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Hifn's Swarm Series Software is now listed in the VMware "Storage/SAN Compatibility Guide For ESX Server 3.5 and ESX Server 3i", highlighting the Swarm's functionality and support for three VMware environments: ESX 3.5, ESX 3i Embedded and ESX 3i Server Installable. The VMware Storage/SAN Compatibility Guide enables VMware users to quickly determine which storage solutions have passed the company's stringent requirements for iSCSI SAN connectivity and compatibility with hosts running VMware ESX 3.x environments.

"Hifn's certification gives customers an officially sanctioned option for creating a fully virtualized infrastructure under VMware without the complexity and cost of a Fibre Channel SAN," said John Matze, Vice President Business Development at Hifn. "iSCSI SAN technology, combined with the full-featured data protection suite built into every Swarm system, have made it affordable for small and medium businesses to take full advantage of a VMware virtualized server and storage environment. We expect VMware deployments to play an increasingly important role for us and our customers."

Amcom Software, the leader in mission-critical communications, is one of the first Hifn customers to deploy the Swarm appliance in a VMware Infrastructure environment. The company selected a Hifn Swarm system as part of a data center server and storage consolidation project implemented with VMware Infrastructure 3. Amcom chose the Hifn Swarm to meet its stringent data center requirements for assured data availability and reliability based on the high-availability design with standard RAID 6 and RAID 61 data protection with active/active failover, multiple data paths to the storage, and the integrated remote data replication feature.

About Swarm Software from Hifn

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