Local.com (LOCM) Reports Preliminary Third Quarter 2010 Financial Results

IRVINE, Calif.–(BUSINESS WIRE)– Local.com Corporation (NASDAQ:LOCM – News), a leading local search site and network, today announced that based on unaudited preliminary results for the three months ended Sept. 30, 2010, the company expects revenue to be between $22.5 million and $22.7 million.

The company also said it expects record Adjusted Net Income to be between $4.7 million and $5.0 million or $0.27 to $0.29 per diluted share, which is higher than its previous guidance and primarily due to the higher margins achieved from sales of newly launched products utilizing the recently acquired OCTANE360 platform.

The company has received significant interest in its new product portfolio from existing and potential partners. Since these products have a limited record in the marketplace, the company cautions that there may not be similar transactions in future periods; and even if there are, those transactions may not have similar financial characteristics.

In accordance with normal procedures, these unaudited preliminary revenue and earnings results are subject to further review and completion by the company and its auditors.

“We believe our third quarter sales of OCTANE360-based products represent early validation of this acquisition. Integration of the OCTANE360 product suite into our sales and business development channels is ahead of schedule, and we continue to orient the company towards the sale of these higher volume, higher value ad products for our small business customers,” said Local.com chief executive officer, Heath Clarke. “Revenue came in slightly lower than expected due to lower traffic, almost entirely offset by increased monetization over the second quarter.”

Key Third Quarter Operating Highlights:

• Traffic – In Q3 2010, Owned & Operated (O&O) traffic was 50 million monthly unique visitors (MUVs), up 15 percent from the year ago period.
• Organic Traffic – O&O organic traffic was 5 million MUVs, flat from the year ago period. Organic traffic is defined as all non-SEM sourced traffic on O&O websites.
• Monetization of Traffic – Revenue per thousand visitors was $266 for the quarter, down 1 percent from the year ago period.
• Network Sites – The company ended Q3, 2010 with over 1,000 Network sites, and over 82,000 local domains under management.
• Small Business Subscribers – The company ended Q3 2010 with over 60,000 small business subscribers.

The preliminary third quarter 2010 financial results are being disclosed because Adjusted Net Income is expected to be significantly higher than previously announced guidance. The company does not intend to release preliminary financial results in future periods unless such results differ materially from prior guidance.

The regularly scheduled conference call to discuss the company’s third quarter 2010 financial results will be announced at a later date.

Adjusted Net Income is defined as net income excluding: provision for income taxes; interest and other income (expense), net; depreciation; amortization; stock-based compensation charges; gain or loss on warrant revaluation and non-recurring items.

An explanation of the company’s use of non-GAAP financial measures, including the limitations of such measures relative to GAAP measures is included below, along with a table that reconciles expected net income to expected Adjusted Net Income for the company’s third quarter 2010 financial results.

For more information on the company please visit: http://corporate.local.com.

About Local.com^®

Local.com Corporation (NASDAQ:LOCM – News) owns and operates a leading local search site and network in the United States. The company uses patented and proprietary technologies to provide over 20 million consumers each month with relevant search results for local businesses, products and services on Local.com and over 1,000 partner sites. Local.com owns or manages over 100,000 geo-category domain sites, and tens of thousands of small business customers use Local.com products and services to reach consumers using a variety of subscription, performance and display advertising and website products. To advertise, or for more information visit: www.local.com.

Forward Looking Statements

All statements other than statements of historical fact included in this document regarding our anticipated financial position, business strategy and plans and objectives of our management for future operations, are forward-looking statements. When used in this report, words such as ‘anticipate,’ ‘believe,’ ‘estimate,’ ‘plans,’ ‘expect,’ ‘intend,’ ‘projects,’ ‘feel’ and similar expressions and phrases, as they relate to Local.com or our management, identify forward-looking statements. Any forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to our management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including, but not limited to, our ability to monetize the Local.com domain, our ability to incorporate our local-search technologies, our ability to market the Local.com domain as a destination for consumers seeking local-search results, our ability to grow our business by enhancing our local-search services, including through businesses we acquire, the possibility that the information and estimates used to predict anticipated revenues and expenses associated with the businesses we acquire are not accurate, difficulties executing integration strategies or achieving planned synergies, the possibility that integration costs and go-forward costs associated with the businesses we acquire will be higher than anticipated, our ability to increase the number of businesses that purchase our subscription advertising and other business products, our ability to expand our advertiser and distribution networks, our ability to integrate and effectively utilize our acquisitions’ technologies, our ability to develop our products and sales, marketing, finance and administrative functions and successfully integrate our expanded infrastructure, as well as our dependence on major advertisers, competitive factors and pricing pressures, changes in legal and regulatory requirements, and general economic conditions. Any forward-looking statements reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this paragraph. Unless otherwise stated, all site traffic and usage statistics are from third-party service providers engaged by the company.

Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

Non-GAAP Financial Measures

This press release includes the non-GAAP financial measure of “Adjusted Net Income” which we define as net income excluding: provision for income taxes; interest and other income (expense), net; depreciation; amortization; stock based compensation charges; gain or loss on warrant revaluation; and non-recurring items. Adjusted Net Income, as defined above, is not a measurement under GAAP. Adjusted Net Income is reconciled to net income which we believe is the most comparable GAAP measure. A reconciliation of net income to Adjusted Net Income is set forth at the end of this press release.

Management believes that Adjusted Net Income provides useful information to investors about the company’s performance because it eliminates the effects of period-to-period changes in income from interest on the company’s cash and marketable securities, expense from the company’s financing transactions and the costs associated with income tax expense, capital investments, stock-based compensation expense, warrant revaluation charges and non-recurring items which are not directly attributable to the underlying performance of the company’s business operations. Management uses Adjusted Net Income in evaluating the overall performance of the company’s business operations.

A limitation of non-GAAP Adjusted Net Income is that it excludes items that often have a material effect on the company’s net income and earnings per common share calculated in accordance with GAAP. Therefore, management compensates for this limitation by using Adjusted Net Income in conjunction with net income and net income per share measures. The company believes that Adjusted Net Income provides investors with an additional tool for evaluating the company’s core performance, which management uses in its own evaluation of overall performance, and as a base-line for assessing the future earnings potential of the company. While the GAAP results are more complete, the company prefers to allow investors to have this supplemental metric since, with reconciliation to GAAP; it may provide greater insight into the company’s financial results. The non-GAAP measures should be viewed as a supplement to, and not as a substitute for, or superior to, GAAP net income or earnings per share.

SIGA Technologies (SIGA) Selected for the Procurement of Smallpox Antiviral Drug for the Strategic National Stockpile

NEW YORK, Oct. 13, 2010 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (Nasdaq:SIGA), a company specializing in the development of pharmaceutical agents to combat bio-warfare pathogens, announced today that the U.S. Department of Health and Human Services (HHS) has announced HHS’s intention to make an award to SIGA of a contract to deliver 1.7 million courses of its smallpox antiviral for the Strategic National Stockpile, pending resolution of issues relating to SIGA’s status with the Small Business Administration. The award relates to a Request for Proposal issued by HHS’s Biomedical Advanced Research and Development Authority (RFP-BARDA-09-35). The base contract, if finalized, is expected to generate revenues of approximately $500 million, and the entire contract, if all options are exercised, is expected to generate revenues of approximately $2.8 billion.

The Small Business Administration issues noted above derive from HHS notification to SIGA that Chimerix, Inc. (Chimerix) has filed a small business size protest against SIGA after receiving pre-award notice from HHS that Chimerix was an unsuccessful bidder. HHS designated the proposed contract as a small business set-aside at the time of the original solicitation in March 2009. SIGA intends to respond promptly to the Small Business Administration concerning Chimerix’s protest.

Dr. Eric A. Rose, SIGA’s Chairman and Chief Executive Officer, stated, “We are very proud that HHS has selected our groundbreaking drug, ST-246^®, for this important acquisition and believe that SIGA appropriately qualified as a small business concern for this procurement.”

Details of HHS’s March 11, 2009 request for proposal and subsequent amendments can be found on the Federal Business Opportunities website at www.fbo.gov/index?s=opportunity&mode=form&id=61e7acbe316f2c52bfe0cc8c4b4852fd&tab=core&_cview=1. SIGA expects the proposed contract to be executed following resolution of the Chimerix protest; however, there can be no assurance concerning the outcome of the small business size protest.

About SIGA Technologies, Inc.

SIGA Technologies is applying viral and bacterial genomics and sophisticated computational modeling in the design and development of novel products for the prevention and treatment of serious infectious diseases, with an emphasis on products for biological warfare defense. SIGA believes that it is a leader in the development of pharmaceutical agents to fight potential bio-warfare pathogens. SIGA has antiviral programs targeting smallpox and other Category A pathogens, including arenaviruses (Lassa fever, Junin, Machupo, Guanarito, Sabia, and lymphocytic choriomeningitis), dengue virus, and the filoviruses (Ebola and Marburg). For more information about SIGA, please visit SIGA’s web site at http://www.siga.com/.

The SIGA Technologies, Inc. logo is available at www.globenewswire.com/newsroom/prs/?pkgid=4504

Forward-looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding SIGA’s ability to offer its products for sale to the U.S. government and statements regarding execution of the contract described above or the timing or outcome of the pending protest. Statements other than statements of historical fact are forward-looking statements, and may be identified by, among other things, forward-looking language such as the words or phrases “expect,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “project,” “scheduled to,” “seek,” “should,” “would,” “will be,” “will continue,” “will likely result,” “targeted,” or the negative of those terms, or other similar words and phrases or by discussions of intentions or plans. Forward-looking statements are based on management’s estimates, assumptions and projections, and are subject to uncertainties, many of which are beyond the control of SIGA. Actual results may differ materially from those anticipated in any forward-looking statement. Factors that may cause such differences include (i) the risk that potential products that appear promising to SIGA or its collaborators cannot be shown to be efficacious or safe in subsequent pre-clinical or clinical trials, (ii) the risk that SIGA or its collaborators will not obtain appropriate or necessary governmental approvals to market these or other potential products, (iii) the risk that SIGA may not be able to obtain anticipated funding for its development projects or other needed funding, (iv) the risk that SIGA may not be able to secure funding from anticipated government contracts and grants, (v) the risk that SIGA may not be able to secure or enforce sufficient legal rights in its products, including patent protection for its products, (vi) the risk that any challenge to our patent and other property rights, if adversely determined, could affect our business and, even if determined favorably, could be costly, (vii) the risk that regulatory requirements applicable to SIGA’s products may result in the need for further or additional testing or documentation that will delay or prevent seeking or obtaining needed approvals to market these products, (viii) the risk that BARDA may not complete the procurement set forth in its solicitation for the acquisition of smallpox antiviral for the strategic national stockpile, or may complete it on different terms, (ix) the risk that the pending protest or another future protest may cause a contract award to us through the RFP process to be delayed or overturned, (x) the risk that the volatile and competitive nature of the biotechnology industry may hamper SIGA’s efforts, and (xi) the effect of federal, state, and foreign regulation on SIGA’s businesses. More detailed information about SIGA and risk factors that may affect the realization of forward-looking statements, including the forward-looking statements in this press release, is set forth in SIGA’s filings with the Securities and Exchange Commission, including SIGA’s Annual Report on Form 10-K for the fiscal year ended December 31, 2009, and in other documents that SIGA has filed with the SEC. SIGA urges investors and security holders to read those documents free of charge at the SEC’s Web site at http://www.sec.gov. Interested parties may also obtain those documents free of charge from SIGA. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the United States of America federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

Cheviot Financial Corp. (CHEV) to Acquire First Franklin Corporation (FFHS)

CINCINNATI — Cheviot Financial Corp. (Nasdaq: CHEV), the parent company of Cheviot Savings Bank, today announced that it has entered into an agreement to purchase First Franklin Corporation (Nasdaq: FFHS), the Blue Ash-based parent company of The Franklin Savings and Loan Company.  Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, stockholders of First Franklin will be entitled to receive $14.50 in cash for each share they hold.

The deal will double Cheviot Savings Bank’s branch network and increase its asset size by approximately $250 million to over $600 million.

“The purchase of First Franklin allows us to expand our footprint while transforming our company into the largest publicly-held community bank in Hamilton County,” said Thomas J. Linneman, President and CEO of Cheviot Financial and Cheviot Savings Bank.  “In completing this acquisition, we reached agreement with another historic Cincinnati financial institution, both of which have focused on providing personal, quality customer service.  We believe the transaction will be accretive to Cheviot Financial’s earnings per share and, following completion of the acquisition, the bank will have capital of over two times the minimum regulatory requirement.”

Jack Kuntz, First Franklin’s Chairman, President and CEO said, “With the dramatic changes occurring in the banking industry, we think this merger is an excellent result for our stockholders.  The purchase price of $14.50 per share provides a return to the First Franklin stockholders of 1.85 times the October 12, 2010 closing market price of $7.82 per share and 112% of the June 30, 2010 book value of $12.95 per share.  The First Franklin board followed a structured process with the guidance of an experienced investment banking firm to seek a qualified buyer able to deliver a solid return for our stockholders.  The combination of these two great Cincinnati financial institutions also provides increased opportunities for our customers and our employees.”

Following completion of the transaction, Cheviot Savings Bank will move up to 8th in deposit market share in Hamilton County and will rank 12th in deposit market share in the Cincinnati Metropolitan Statistical Area (MSA), based on the most recently available FDIC data.

The transaction is subject to certain conditions, including requisite regulatory approval and the approval of First Franklin’s stockholders, but is not subject to any financing contingency.  It is expected the merger will close during the first quarter of 2011.  Cheviot Financial is being advised on the transaction by RP Financial, LC. and Luse Gorman Pomerenk & Schick, P.C.  First Franklin is being advised on the transaction by ParaCap Group, a subsidiary of Paragon Capital Group, LLC, and by Vorys, Sater, Seymour and Pease LLP.

Once approved, Linneman added, “Cheviot Savings Bank is committed to bringing its best banking practices to new and current customers throughout Southwestern Ohio, Southeastern Indiana, and Northern Kentucky.”

Cautionary Notice Regarding Forward Looking Statements

Certain statements in this press release contain forward-looking statements. These forward-looking statements are based on current expectations, estimates, forecasts and projections of future company or industry performance based on management’s judgment, beliefs, current trends and market conditions. Actual outcomes and results may differ materially from what is expressed, forecasted or implied in any forward-looking statement. Forward-looking statements made by First Franklin or Cheviot Financial may be identified by the use of words such as “will,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “seeks,” “estimates,” and similar expressions. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this document. For example, (1) First Franklin may be unable to obtain stockholder approval required for the transaction; (2) regulatory approvals required for the transaction may not be obtained, or required regulatory approvals may delay the transaction or result in the imposition of conditions that could have a material adverse effect on First Franklin or Cheviot Financial or cause the parties to abandon the transaction; (3) conditions to the closing of the transaction may not be satisfied; (4) the business of First Franklin or Cheviot Financial may suffer as a result of uncertainty surrounding the transaction; and (5) First Franklin or Cheviot Financial may be adversely affected by other economic, business, and/or competitive factors.  First Franklin and Cheviot Financial undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.  Readers are cautioned not to place undue reliance on these forward-looking statements.

Additional Information and Where to Find It

In connection with the proposed transaction, a proxy statement of First Franklin and other materials will be filed with the Securities Exchange Commission (“SEC”).  INVESTORS ARE URGED TO READ THE PROXY STATEMENT AND THESE OTHER MATERIALS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FIRST FRANKLIN CORPORATION AND THE PROPOSED TRANSACTION.  Investors will be able to obtain free copies of the proxy statement (when available) as well as other filed documents containing information about First Franklin on the SEC’s website at http://www.sec.gov.  Free copies of First Franklin’s SEC filings are also available from First Franklin Corporation, 4750 Ashwood Drive, Cincinnati, Ohio 45241, Attention: Secretary.

Participants in the Solicitation

First Franklin and its executive officers, directors, other members of management, employees and Cheviot Financial may be deemed, under SEC rules, to be participants in the solicitation of proxies from First Franklin’s stockholders with respect to the proposed transaction. Information regarding First Franklin’s executive officers and directors is set forth in First Franklin’s definitive proxy statement for its 2010 annual meeting of stockholders, which was filed with the SEC on April 22, 2010. More detailed information regarding the identity of potential participants, and their direct or indirect interests, by securities holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC in connection with the proposed transaction.

RightNow (RNOW) Announces Preliminary Third Quarter 2010 Financial Results

Oct. 12, 2010 (Business Wire) — RightNow® Technologies (NASDAQ: RNOW), today announced unaudited preliminary financial information for the third quarter ended September 30, 2010. Based on preliminary information and subject to the quarterly accounting close and review procedures, the Company currently expects to report revenue of approximately $48 million, GAAP earnings per share of approximately $0.07, and non-GAAP earnings per share, which excludes stock-based compensation, of approximately $0.14 for the third quarter of 2010. These preliminary anticipated results exceed the Company’s previous guidance for the third quarter of revenue of approximately $45 million, GAAP earnings per share of approximately $0.05, and non-GAAP earnings per share of approximately $0.12 as provided on July 28, 2010.

“We had a great third quarter demonstrating our continued momentum in the market,” stated Greg Gianforte, CEO and founder. “As organizations focus more attention on customer experience across the web, contact center and social, we believe we are in a unique position to seamlessly serve their mission critical needs. We are looking forward to the kick-off of our annual customer summit in Colorado Springs tomorrow, where we bring together hundreds of our customers and partners to share ideas, promote the RightNow community and drive our vision of ridding the world of bad experiences.”

RightNow will be hosting a meeting with analysts at its annual user conference today at 8:30 a.m. MT (10:30 a.m. ET) during which the company will discuss these preliminary results and other related business matters. The analyst meeting and question and answer session will be webcast at http://investor.rightnow.com/index.cfm.

In addition, RightNow will release its final earnings results for the third quarter ended September 30, 2010 after the market close on Thursday, October 28, 2010. The company will host a conference call to discuss the results at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) on the same day. To access the call on October 28, 2010, please dial (877) 638-9569, or outside the U.S. (914) 495-8536, at least five minutes prior to the 2:30 p.m. MT start time. A live webcast of the call will also be available at http://investor.rightnow.com/index.cfm under the Investor Webcasts menu. An audio replay will be available between 5:30 p.m. MT October 28, 2010 and 9:59 p.m. MT November 11, 2010 by calling (800) 642-1687 or (706) 645-9291, with Conference ID 16293024. The replay will also be available on our website at http://investor.rightnow.com.

About RightNow Technologies

RightNow is helping rid the world of bad experiences one consumer interaction at a time, eight million times a day. RightNow CX, the customer experience suite, helps organizations deliver exceptional customer experiences across the web, social networks and contact centers, all delivered via the cloud. With more than eight billion customer interactions delivered, RightNow is the customer experience fabric for nearly 2,000 organizations around the globe. To learn more about RightNow, go to www.rightnow.com.

RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ is a registered trademark of The NASDAQ Stock Market LLC.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions, and variations or negatives of these words and include, but are not limited to, statements regarding projected results of operations and management’s future strategic plans. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

The risks and uncertainties referred to above include, but are not limited to, the risk that the preliminary financial information in this press release will differ from the completed third quarter final results; our success in transitioning to a new President and Chief Operating Officer; general economic conditions; fluctuations in foreign currency exchange; our business model; our ability to develop or acquire and gain market acceptance for new products and enhancements to existing products in a cost-effective and timely manner; fluctuations in our earnings as a result of potential changes to our valuation allowance(s) on our deferred tax assets; the success of our efforts to integrate HiveLive’s personnel and processes, following our acquisition of that entity; the risk of asset impairment associated with the acquisition of HiveLive; the gain or loss of key customers; competitive pressures and other similar factors such as the availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; our ability to expand or contract operations, manage expenses and grow profitability; the rate at which our present and future customers adopt our existing and future products and services; fluctuations in our operating results including our revenue mix and our rate of growth; fluctuations in backlog; the risk that our investments in partner relationships and additional employees will not achieve expected results; interruptions or delays in our hosting operations; breaches of our security measures; our ability to protect our intellectual property from infringement, and to avoid infringing on the intellectual property rights of third parties; any unanticipated ambiguities in fair value accounting standards; the amount and timing of any stock repurchases under our stock repurchase program; fluctuations in our operating results from the impact of stock-based compensation expense; our ability to manage and expand our partner relationships; our ability to hire, retain and motivate our employees and manage our growth; the impact of potential future acquisitions, if any; and various other factors. Further information on potential factors that could affect our financial results is included in our Annual Report on Form 10-K, quarterly reports of Form 10-Q, and in other filings with the Securities and Exchange Commission. The forward-looking statements in this release speak only as of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

Reconciliation of Preliminary Non-GAAP Earnings Per Share

[a] Estimated stock-based compensation expense to be recorded for the periods indicated in accordance with FASB Accounting Standards Codification, Topic 718, Compensation-Stock Compensation, which is effective for periods beginning January 1, 2006.

About Non-GAAP Financial Measures

Non-GAAP net income and diluted net income per share are supplemental measures of our performance that are not required by, or presented in accordance with GAAP. These non-GAAP financial measures are not intended to be used in isolation and should not be considered a substitute for net income and net income per share or any other performance measure determined in accordance with GAAP. We present non-GAAP net income and net income per share because we consider each to be an important supplemental measure of our performance.

Management uses these non-GAAP financial measures to make operational decisions, evaluate the Company’s performance, prepare forecasts and determine compensation. Further, management believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing the Company’s performance when planning, forecasting and analyzing future periods. Our stock-based compensation expenses are expected to vary depending on the number of new grants issued, changes in our stock price, stock market volatility, expected option lives and risk-free rates of return, all of which are difficult to estimate. In calculating non-GAAP net income and net income per share, management excludes stock-based compensation expenses to facilitate its review of the comparability of the Company’s operating performance on a period-to-period basis because such expenses are not, in management’s view, related to the Company’s ongoing operating performance. Management uses this view of its operating performance for purposes of comparison with its business plan and individual operating budgets and resource allocation.

Management further believes that these non-GAAP financial measures are useful to investors in providing greater transparency to the information used by management in its operational decision making. We believe that the use of non-GAAP net income and net income per share also facilitate a comparison of RightNow’s underlying operating performance with that of other companies in our industry, which use similar non-GAAP financial measures to supplement their GAAP results.

Calculating non-GAAP net income and net income per share have limitations as an analytical tool, and readers should not consider these measures in isolation or as substitutes for GAAP net income and GAAP net income per share. In the future, we expect to incur additional stock-based compensation expenses and the exclusion of these expenses in the presentation of our non-GAAP financial measures should not be construed as an inference that these costs are unusual, infrequent or non-recurring. Investors and potential investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool, which include:

• Other companies inside and outside of our industry may calculate non-GAAP net income and net income per share differently than we do, limiting their usefulness as a comparative tool; and
• The Company’s income tax expense or benefit will be ultimately based on its GAAP taxable income and actual tax rates in effect, which may differ significantly from the effective tax rate used in our non-GAAP financial measures.

In addition, the adjustments to our GAAP financial measures reflect the exclusion of stock-based compensation expenses that are recurring and will be reflected in the Company’s financial results for the foreseeable future. The Company compensates for these limitations by providing specific information regarding the GAAP amount excluded from the non-GAAP financial measures. The Company further compensates for the limitations of our use of non-GAAP financial measures by presenting comparable GAAP measures more prominently. The Company evaluates the non-GAAP financial measures together with the most directly comparable GAAP financial measures.

Investors and potential investors are encouraged to review the reconciliation of non-GAAP financial measures contained within this press release with our GAAP net income and net income per share. For more information, see the consolidated operating statements and reconciliation of non-GAAP measurements contained in this press release.

FRNOW

Investor Relations:

The Blueshirt Group

Todd Friedman or Stacie Bosinoff

415-217-7722

todd@blueshirtgroup.com

stacie@blueshirtgroup.com

or

Corporate Communications:

RightNow Technologies

Jaia Zimmerman

650-653-4441 (Office)

650-464-8462 (Cell)

jzimmerman@rightnow.com

Johns Manville to Install Ascent Solar (ASTI) CIGS Modules

Oct. 12, 2010 (Business Wire) — Ascent Solar Technologies, Inc. (NASDAQ:ASTI) and Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B) (JM), announced today, after extensive internal product development and testing, thin-film copper indium gallium (di)selenide (CIGS) laminated modules from Ascent Solar are ready for beta test deployment at the JM Technical Center (JMTC) in Littleton, Colo. The Ascent Solar IEC 61646 (20 year life expectancy) certified and UL certification (safety test) pending modules will be compared side-by-side against existing thin-film modules currently installed at JMTC.

“This is an important step forward in our ongoing collaboration with Ascent Solar,” noted Dr. Tim Swales, Johns Manville vice president of Research and Development. “The installation at our test site will provide the performance data we need in order to demonstrate the readiness of Ascent’s emerging high-power lightweight CIGS modules in order to make it available to our customers. As valued partners, we look forward to further collaboration and assessment of their product and ensuring our customers are successful.”

The test installation is done to collect performance data, evaluate architecture aesthetics and showcase the potential of Ascent Solar’s CIGS high-power modules against the current thin-film technology. For the pilot, installation modules have been applied to the top surface of the roofing membrane. The long-term objective is to integrate the modules into the roofing material itself as a factory-applied solution that JM markets under the Power Blanket brand. This external deployment will help set a standard for the integration and installation of lightweight flexible CIGS modules going forward as this will be the first time a CIGS monolithically integrated module manufactured using a plastic substrate has been integrated onto an existing commercial roofing installation for competitive commercial evaluation.

Ascent Solar President and CEO Farhad Moghadam added: “We are pleased that our product development with Johns Manville has progressed to this stage. Our lightweight, durable and high-power CIGS modules are an ideal match for true integration into the Johns Manville commercial roofing material product line. Installation onto the test site is a real indication that our product development is progressing and is crucial to our viability for larger system installations down the road.”

“Now that we have established IEC 61646 certification and have UL certification pending, we are pleased to launch pilot project installations with an industry leader like JM. Ascent Solar’s entry to the BAPV market with the highest power density flexible solutions and highest power modules will enable a new level of power production for flexible commercial applications,” stated Rafael Gutierrez, senior vice president of Sales and Marketing for Ascent Solar.

About Johns Manville

Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality products for building insulation, mechanical insulation, commercial roofing, and roof insulation, as well as fibers and nonwovens for commercial, industrial, and residential applications. JM serves markets that include aerospace, automotive and transportation, air handling, appliance, HVAC, pipe and equipment, filtration, waterproofing, building, flooring, interiors, and wind energy. In business since 1858, the Denver-based company holds leadership positions in all of the key markets that it serves. JM employs approximately 6,500 people and operates 41 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.

About Ascent Solar Technologies

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand-alone modules for large scale terrestrial deployment. Ascent Solar is headquartered in Thornton, Colorado. For more information, go to www.AscentSolar.com.

Forward Looking Statements

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with the Securities and Exchange Commission.

Interactive Intelligence (ININ) Announces Preliminary 2010 Third-Quarter Results

Oct. 12, 2010 (Business Wire) — Interactive Intelligence (Nasdaq: ININ), a global provider of unified IP business communications solutions, has announced preliminary results for its third quarter ended Sept. 30, 2010.

The company expects to report total revenues of between $41.0 million and $42.0 million, with net income on a GAAP basis of between $3.3 million and $3.8 million, and diluted earnings per share (EPS) on a GAAP basis of $0.18 to $0.20. Net income on a non-GAAP* basis is expected to be between $6.5 million and $7.3 million, with EPS of $0.35 to $0.39. Non-GAAP net income and EPS exclude stock-based compensation expense of approximately $1.0 million, or EPS of $0.06, and non-cash income tax expense of approximately $2.1 million to $2.4 million, or EPS of $0.11 to $0.13.

In the third quarter of 2009, the company reported revenues of $33.2 million, with GAAP net income and EPS of $2.8 million and $0.15, respectively, and non-GAAP net income and EPS of $5.7 million and $0.31, respectively. The 2009 third-quarter non-GAAP net income and EPS excluded stock-based compensation expense of $975,000, or EPS of $0.05, and non-cash income tax expense of $1.9 million, or EPS of $0.11.

Cash and investment balances as of Sept. 30, 2010 are expected to be about $85.5 million.

“We’re achieving better operating leverage from revenue growth driven by an increasing number of large transactions,” said Interactive Intelligence founder and CEO, Dr. Donald E. Brown. “We continue to execute on our strategy of moving up market, with nine orders over $1 million, including two of about $2 million each, and an additional 16 orders greater than $250,000 in the quarter. This growth is coming from both new and current premise-based customers, and from continued strong demand for our cloud-based communications offering. We currently anticipate annual revenue growth for 2010 of approximately 20 percent.”

The company has not completed preparation of its financial statements for the quarter ended Sept. 30, 2010. These preliminary results may be subject to adjustments and could change materially.

Interactive Intelligence plans to issue a press release announcing its final 2010 third-quarter results Nov. 1 at 4 p.m. Eastern daylight time. It will host a conference call Nov. 1 at 4:30 p.m. EDT, featuring Dr. Brown and the company’s CFO, Stephen R. Head. A live Q&A session will follow opening remarks.

To access the teleconference, please dial 1.877.324.1969 at least five minutes prior to the start of the call. Ask for the teleconference by the following name: “Interactive Intelligence third-quarter earnings call.”

The teleconference will also be broadcast live on the company’s investor relations’ page at http://investors.inin.com. An archive of the teleconference will be posted following the call.

About Interactive Intelligence

Interactive Intelligence Inc. (Nasdaq: ININ) is a global provider of unified business communications solutions for contact center automation, enterprise IP telephony, and business process automation. The company was founded in 1994 and has more than 3,500 customers worldwide. Interactive Intelligence is among Software Magazine’s top 500 global software and services suppliers, is a BusinessWeek “hot growth 50” company, and is among Fortune Small Business magazine’s top 100 fastest growing companies. The company is also positioned in the leaders’ quadrant of the Gartner Magic Quadrant for Contact Center Infrastructure, Worldwide report (Feb. 22, 2010). Interactive Intelligence employs approximately 800 people and is headquartered in Indianapolis, Indiana. It has 16 offices throughout North America, Latin America, Europe, Middle East, Africa and Asia Pacific. Interactive Intelligence can be reached at +1 317.872.3000 or info@inin.com; on the Net: www.inin.com.

* Non-GAAP Measures

The non-GAAP measures shown in this release exclude non-cash stock-based compensation expense for stock options and non-cash income tax expense. These measures are not in accordance with, or an alternative for, GAAP and may be different from non-GAAP measures used by other companies. Stock-based compensation expense is non-cash and income tax expense is primarily non-cash. Management believes that the presentation of non-GAAP results, when shown in conjunction with corresponding GAAP measures, provides useful information to management and investors regarding financial and business trends related to the company’s results of operations. Further, management believes that these non-GAAP measures improve management’s and investors’ ability to compare the company’s financial performance with other companies in the technology industry. Because stock-based compensation expense and non-cash income tax expense amounts can vary significantly between companies, it is useful to compare results excluding these amounts. Management also uses financial statements that exclude stock-based compensation expense related to stock options and non-cash income tax amounts for its internal budgets.

This release contains certain forward-looking statements that involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially are the following: rapid technological changes in the industry; the company’s ability to maintain profitability; to manage successfully its growth; to manage successfully its increasingly complex third-party relationships resulting from the software and hardware components being licensed or sold with its solutions; to maintain successful relationships with certain suppliers which may be impacted by the competition in the technology industry; to maintain successful relationships with its current and any new partners; to maintain and improve its current products; to develop new products; to protect its proprietary rights adequately; to successfully integrate acquired businesses; and other factors described in the company’s SEC filings, including the company’s latest annual report on Form 10-K.

Interactive Intelligence Inc. is the owner of the marks INTERACTIVE INTELLIGENCE, its associated LOGO and numerous other marks. All other trademarks mentioned in this document are the property of their respective owners.

Motricity (MOTR) Announces Its End-to-End, Mobile as a Service Offering

BELLEVUE, Wash., Oct. 12, 2010 (GLOBE NEWSWIRE) — Motricity (Nasdaq:MOTR), a leading provider of mobile Internet services announced its end-to-end Mobile as a Service offering, a comprehensive solution that combines the mCore Platform and solution suite, cloud-based infrastructure, managed and professional services into one integrated offering to empower every aspect of the operator’s mobile data services business. Through Motricity’s end-to-end Mobile as a Service offering, operators are able to fully capitalize on the unmatched opportunities available in rapidly growing, emerging markets where availability of a true mobile Internet experience is still in its early stages.

“In today’s competitive mobile marketplace, operators are increasingly reliant on mobile data experts, like Motricity, to remain at the forefront of innovation. This is especially true in emerging markets where they are faced with the dual challenge of limited resources, and exploding demand for mobile data services,” said Ryan Wuerch founder and chief executive officer of Motricity. “Motricity’s end-to-end solution enables these operators to quickly and cost-effectively deliver a branded mobile experience that increases user adoption and allows them to attract and retain their highest value customers.”

Motricity’s Mobile as a Service offering includes the following four key components:

• mCore Product Suite – Motricity’s mCore Product Suite is designed as an integrated set of products that work together to offer open access to the Internet through a highly-personalized and mobile-optimized experience. mCore integrates the best of the Web, offering commerce, social networking, information, entertainment, and Web discovery. mCore also provides powerful communications and advertising functionality. These capabilities, coupled with mCore’s deep user insight and recommendation engine, allow the operator to offer a compelling, user-centric experience, providing relevant information, communications, marketing and services to each subscriber, in real time.
• Cloud-Based Infrastructure – Motricity delivers its end-to-end Mobile as a Service offering through the cloud. Cloud computing provides a more flexible and cost-effective model for mobile data services, one that allows mobile data services teams to operate much more efficiently and respond faster to consumer demands. This operator grade infrastructure includes SLA backed hosting facilities and geo-redundant data centers located across the globe and includes managed network operations, information security management, application services, data management and application hosting. This approach enables rapid development and implementation cycles for new offerings and global leverage with regard to investment, innovation and best practices.
• Professional Services – Motricity’s Professional Services provide expert project management, encompassing everything required to implement the operator’s mobile data experience. By providing customization, design, implementation, integration and roll-out of the mCore Platform and solution suite into the operator’s network, Motricity is able to deploy the largest and most complex mobile data environments across multiple operators and geographies with an operator-grade level of quality and reliability.
• Managed Services – Motricity’s Managed Services deliver all the support an operator needs to effectively optimize and run their overall mobile data experience. Ranging across application, infrastructure and business management on an ongoing basis, these services include everything from application monitoring and content merchandising, to program management and marketing support. Motricity manages the operator’s mobile data services infrastructure on behalf of its customers providing a comprehensive end-to-end solution.

This unified offering sets Motricity apart in the competitive mobile data services industry. Companies worldwide depend on Motricity’s products, services and expertise to reinforce their brand, drive revenue and ensure secure and effective delivery of their mobile content. Motricity will continue to focus on integrating and delivering innovative technology through this comprehensive offering of rich mobile applications, robust hosting and infrastructure services and expertise in professional and managed services.

“Our end-to-end Mobile as a Service offering allows Motricity to attract and retain a global portfolio of operator customers and expand upon these relationships as they experience our product’s measurable results,” said Wuerch. “Motricity sits at the center of the mobile ecosystem and will continue to deliver on its vision of empowering your mobile experience.”

About Motricity

Motricity (Nasdaq:MOTR) is a leading mobile data solutions provider exclusively focused on the rapidly growing mobile Internet market. It serves some of the world’s largest mobile operators, simplifying the mobile Internet and creating a personalized mobile experience for subscribers. Motricity helps companies leverage the power of mobility to make direct, personalized connections with their customers. For more information, visit www.motricity.com or follow the company on Twitter @motricity.

The Motricity, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7813

CONTACT:  Motricity
          Media Contact:
          Jennifer Morgan, Director, Public Relations
          (425) 638-8375
          (206) 931-4559 - mobile
          jennifer.morgan@motricity.com

China Marine Food Group Ltd. (CMFO) Provides Analyst and Investor Day Summary

SHISHI, China, Oct. 11 /PRNewswire-Asia-FirstCall/ — China Marine Food Group Ltd. (NYSE Amex: CMFO), a China-based manufacturer of Mingxiang® seafood-based snack foods, “Hi-Power” marine algae-based beverages, and distributor of frozen marine catch, today provided a summary of its Analyst and Investor Day held in Xiamen and Shi Shi on September 30th, 2010.

As announced in the press on September 8, 2010 and previous SEC filing, China Marine hosted an Analyst and Investor Day held on September 30 in Xiamen and Shi Shi in conjunction with the Company’s 2010 Shareholder meeting at the Seaview Resort in Xiamen, China. Several investors and analysts attended the events, which included visits to retail stores in Xiamen where the Company’s products are sold, tours of the Company’s food and beverage manufacturing plants and a visit to the construction site at the Company’s planned cold storage facility.  China Marine has posted pictures of the events that day on its Website, www.china-marine.cn under the “Investor Day” section of the “Product Centre” tab. Specific links to each picture are also provided in the summary below.

Retail Site Visits with Mingxiang® and “Hi-Power“ Distributors and Sales Teams:

The Analyst and Investor Day began with a guided tour by the Company management team, China Marine sales managers and one of the Company’s Xiamen-based distributors. The group was lead through the aisles of Zhongmin Baihui Department Store, a retail food and beverage location in Xiamen, China which sells Mingxiang®-branded foods. Mingxiang® snack-foods were prominently displayed in the snack food isle of the location.  As is the case in most food retail stores, snack foods represent one of the highest margin products that Zhongmin Baihui Department Store sells to consumers. China Maine sales teams detailed which products are sold in the store and the price points for each product compared to other snack food choices available for consumers.

Retail Outlet – Mingxiang® Snack Foods.

China Marine sales teams and their distributor also explained the “healthy snack food” sales and marketing approach the Company has successfully used to differentiate its products on retail shelves.  By advertising the benefits of seafood snack foods as a healthy alternative to other high-carbohydrate and high-calorie snack foods for sale, Mingxiang® is one of the only seafood-based foods on the shelves of snack food aisles in retail stores in Xiamen.

Following the overview of Mingxiang® snack foods, the group was escorted to Walmart® and Hualian Department Store in Xiamen, which are two of the 10,000-plus retail stores selling “Hi-Power” marine algae-based beverages. Located toward the front of each store and prominently featured, a “Hi-Power” end cap display was on display compete with “Hi-Power” signage and single serve and case-pack of “Hi-Power” beverages for sale.

“Hi-Power” End Cap.

“Hi-Power” beverages sell for approximately RMB 3.50 per can and RMB 42.0 per case of 12 cans.

Manufacturing Facility Tours

China Marine manufacturers its seafood snacks at its dedicated 20,000 ton production facility in Shi Shi. Seafood harvested from the local port are cleaned, portioned, seasoned, dried and packaged at the Shi Shi facilities by approximately 300 factory workers working for two shifts, 7 days a week. The 20,000 ton facility is currently operating at about 50% utilization rate. As a HAACP approved facility, workers are required to work in a clean environment with strict control at decontamination stations. From an observation deck overlooking the factory floor, analysts and investors were able to see workers completing production runs on the processing floor.

Mingxiang Foods Factory Floor.

Also located on the observation deck is a showroom used to demonstrate to distributors and retailers suggested point of sale and promotion ideas for Mingxiang® foods and “Hi-Power” beverages. In total, China Marine produces 29 varieties of seafood jerky at its facilities which it sells to 19 exclusive distributors in 7 provinces throughout China.

China Marine Mingxiang® Foods Product Line.

Guests were encouraged to try a variety of China Marine foods and beverages. The most popular for international guests from the US has been the dried BBQ Shrimp Mingxiang® product.

“Hi-Power” beverages are manufactured and canned at two of Fujian‘s top bottling facilities.  In one of these bottling facilities, a factory production manager showed investors the sorting phase of the production run of “Hi-Power” beverages.

Sorting Line at “Hi-Power” Bottling Facility.

“Hi-Power” beverages are then palletized and shipped to distributors directly from the bottling facility. Orders received are produced and shipped within a month.

“Hi-Power” Orders Preparing for Shipment.

Cold Storage Facility Tour and Update

China Marine experienced a delay to its previously reported construction schedule due to the building approval process and registration with the local government and provincial representatives. As reported on the Company’s second quarter conference call, the Company now expects the cold storage facility to be operational in the second half of 2011. Construction of the foundation of the facility is underway beginning with the foundation of the multi-storey cold storage facility.

Prepping for Laying the Foundation at the Cold Storage Facility.

The cold storage facility will provide chipped ice, ambient cold storage and blast freezing services for business in the local fishing port and serve as a main cold storage facility for China Marine‘s current operations and frozen marine catch business segments.  Once fully operational, the Company anticipates additional earnings of $4.0 million on an annual basis from their new business segment.

“We appreciate everyone who joined us for our Shareholders’ Meeting and Investor Day last month,” began Chairman Liu of China Marine. “For some of the attendees, it was their first time in Fujian province and probably the first time they have visited one of their investments in Asia. I hope they left with a better understanding of why we’re so excited about our future. In addition to meeting with investors in the US, we are happy to host any current or prospective shareholders in China. We look forward to updating all of our investors on the Company’s progress again soon,” Liu concluded.

About China Marine

China Marine Food Group Ltd. is a food and beverage manufacturer of Mingxiang® seafood-based snack foods and “Hi-Power” marine algae-based health drinks, and a wholesaler of frozen marine catch in seven provinces in the PRC. Founded in 1994, China Marine has grown steadily and positioned its Mingxiang® brand as a category leader in 2,900 retail sales points in the PRC. The Company has received “The Famous Brand” and “Green Food” awards. Located in Fujian province, it is one of the largest coastal provinces in the PRC and a vital navigation hub between the East China Sea and the South China Sea. The Company is committed to the highest standard of quality control with the ISO9001, ISO14001, HACCP certification and EU export registration.

FORWARD LOOKING STATEMENTS

This release contains certain “forward-looking statements“ relating to the business of China Marine Food Group Limited and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “believes, expects“ or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, concentration in a single customer, raw material costs, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. China Marine Food Group Limited is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

For more information, please contact:

China Ritar Power Corp. (CRTP) Announces Major Supply Contracts with American Power Conversion Corp.

SHENZHEN, China, Oct. 11 /PRNewswire-Asia-FirstCall/ — China Ritar Power Corporation (Nasdaq:CRTP – News), a leading supplier of innovative nano gel battery products and solutions, today announced that the company was awarded a new contract to supply VRLA batteries to American Power Conversion Corporation (APC), a global leader in the UPS (Uninterruptible Power Supply) markets.

As per supply agreement, China Ritar Power will supply VRLA batteries to be used in APC’s UPS products.  The management expects to receive more orders from APC in the future as the strategic relationship between the 2 companies develops.

“We are very pleased to become a supplier to APC, a world leader in UPS sector,” commented Mr. Hu Jiada, CEO of CRTP. “As the infrastructure investment grows globally, the demand for high-quality, reliable and cost-competitive power supplies will increase substantially. The strategic relationship with APC is a demonstration of China Ritar Power’s product, reliability and our manufacturing capability. We look forward to building a long-term, mutually beneficial relationship with all of our clients.”

About China Ritar Power Corporation

China Ritar Power Corporation (NASDAQ:CRTP – News) (“China Ritar”) is the leading supplier of innovative nano gel and environmentally friendly battery products and solutions for power applications and power storing systems. China Ritar’s products and solutions are used in Alternative Energy (solar and wind power), Telecommunications (3G), Uninterrupted Power Source (UPS) and Light Electrical Vehicles (LEV) industries. In 2009, China Ritar had sales of $98.6 million and currently employs about 1,800 people worldwide. Ritar (R) is a registered trademark of China Ritar in China and other countries. All product names are trademarks of China Ritar (including its subsidiaries).

Cancer Treatment Centers of America Purchases BSD-2000 Hyperthermia System from BSD Medical (BSDM)

SALT LAKE CITY–(BUSINESS WIRE)– BSD Medical Corporation (NASDAQ:BSDM – News) (the “Company” or “BSD”) announced today that the Cancer Treatment Centers of America (CTCA), located in Tulsa, Oklahoma, has purchased a BSD-2000 Hyperthermia System (BSD-2000). CTCA in Tulsa is a state-of-the-art hospital that is totally focused on treating cancer patients and provides the most advanced therapeutic resources in cancer treatment (http://www.cancercenter.com/southwestern-hospital.cfm). CTCA is a network of hospitals and one of the premier providers of cancer care in the world. The CTCA hospitals were recently recognized by the Commission on Cancer of the American College of Surgeons as “offering the very best in cancer care.” This advanced cancer treatment facility was designed in cooperation with cancer patients and their care givers.

“CTCA already offers hyperthermia treatment with the BSD-500 Hyperthermia System to our patients, and we are excited to add the BSD-2000 to our hyperthermia program. CTCA is always searching for powerful therapies to offer our patients, and we look forward to participating in the clinical evaluation of this innovative technology,” said Oneita Taylor, MD, Radiation Oncologist at CTCA.

CTCA physicians specialize in treating many types of cancer, including complex and advanced stage cases. The cancer experts employed by CTCA work as a team across multiple disciplines to provide an individualized cancer treatment plan designed to treat the whole person. CTCA is committed to revolutionizing cancer care by providing the most advanced and effective cancer treatments and supportive therapies available in order to treat the cancer and improve the patient’s treatment experience and quality of life.

The BSD-2000 – developed and patented exclusively by BSD – delivers localized therapeutic heating (hyperthermia) by applying radiofrequency (RF) energy. The BSD-2000 creates a central focusing of energy that can be electronically focused to target the 3-dimensional shape, size, and location of the tumor, thus providing dynamic control of the heating delivered to the tumor region. The BSD-2000 is restricted to investigational use in the US, and the Company is currently conducting a clinical study to evaluate the safety and efficacy of hyperthermia using the BSD-2000 combined with radiotherapy for the treatment of patients suffering from locally advanced, persistent, or recurrent deep tumors of the pelvis: i.e., cervical, prostate, rectal, and bladder. BSD has also applied for a Humanitarian Device Exemption (HDE) approval for its BSD-2000 Hyperthermia System and this submission is still under review by the FDA.

About BSD Medical Corporation

BSD Medical Corporation develops, manufactures, markets and services systems to treat cancer and benign diseases using heat therapy delivered using focused radiofrequency (RF) and microwave energy. BSD’s product lines include both hyperthermia and ablation treatment systems. BSD’s hyperthermia cancer treatment systems, which have been in use for several years in the United States, Europe and Asia, are used to treat certain tumors with heat (hyperthermia) while increasing the effectiveness of other therapies such as radiation therapy. BSD’s microwave ablation system has been developed as a stand-alone therapy to employ precision-guided microwave energy to ablate (destroy) soft tissue. The Company has developed extensive intellectual property, multiple products in the market and established distribution in the United States, Europe and Asia. Certain of the Company’s products have received regulatory approvals and clearances in the United States, Europe and China. For further information visit BSD Medical’s website at www.BSDMedical.com.

Statements contained in this press release that are not historical facts are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to risks and uncertainties detailed in the Company’s filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date on which such statements are made, and the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date.

The Gymboree Corp. (GYMB) to Be Acquired By Bain Capital

SAN FRANCISCO and BOSTON, Oct. 11 /PRNewswire-FirstCall/ — The Gymboree Corporation (Nasdaq:GYMB – News) (“Gymboree” or the “Company”) and Bain Capital Partners, LLC (“Bain Capital”) today announced that they have entered into a definitive agreement under which affiliates of Bain Capital will acquire all the outstanding stock of Gymboree for $65.40 per share, or $1.8 billion.

Under the terms of the agreement, which has been unanimously approved by Gymboree’s Board of Directors, Gymboree stockholders will receive $65.40 in cash for each outstanding share of Gymboree common stock they own, which represents a 57.4% premium to the Company’s unaffected share price on September 30, 2010, before recent market rumors of a transaction, and a 23.5% premium to Gymboree’s closing stock price on October 8, 2010, the last full trading day before today’s announcement.

“We are pleased to announce this transaction as it delivers significant value to our shareholders,” said Matthew McCauley, Chairman and Chief Executive Officer of Gymboree. “We want to thank our employees for their hard work and dedication to Gymboree. Bain Capital is a world-class asset management firm with substantial resources and investment experience in the retail industry, and we believe they will be a great partner as we go forward as a private company.”

“Gymboree is a terrific company with incredible brand strength and a large population of extremely satisfied customers,” said Jordan Hitch, a Managing Director at Bain Capital. “We look forward to working with Matthew McCauley and the company’s proven and experienced management team.”

Under the terms of the agreement, it is anticipated that affiliates of Bain Capital will commence a tender offer for all of the outstanding shares of Gymboree shortly following the execution of the agreement.

If the tender offer is successfully completed, Gymboree expects the transaction to close by year end. Completion of the transaction is subject to, among other things, the satisfaction of the minimum tender condition of at least 66% of the Company’s common shares, the receipt of the Federal Trade Commission’s approval under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 and other customary closing conditions. In the event that the minimum tender condition is not met, and in certain other circumstances, the parties have agreed to complete the transaction through a one-step merger after receipt of shareholder approval. Bain Capital has committed financing from Credit Suisse and Morgan Stanley in an amount necessary to complete the transaction. Under certain circumstances, Bain Capital may delay the closing date in order to complete this financing.

Under the terms of the agreement, Gymboree may solicit acquisition proposals from third parties for a period of 40 calendar days continuing through November 20, 2010. It is not anticipated that any developments will be disclosed with regard to this process unless the Company’s Board of Directors makes a decision with respect to a potential superior proposal. There are no guarantees that this process will result in a superior proposal.

Goldman, Sachs & Co. is acting as exclusive financial advisor to the Special Committee of the Board of Directors of Gymboree and Skadden, Arps, Slate, Meagher & Flom LLP is acting as its counsel. Both Goldman, Sachs & Co. and Peter J. Solomon Company provided fairness opinions to the Gymboree Special Committee and Board of Directors. Wilson Sonsini Goodrich & Rosati is acting as counsel to Gymboree. Ropes & Gray LLP is acting as Bain Capital’s legal advisor.

About The Gymboree Corporation

The Gymboree Corporation’s specialty retail brands offer unique, high-quality products delivered with personalized customer service. As of October 2, 2010, the Company operated a total of 1,037 retail stores: 635 Gymboree® stores (594 in the United States, 37 in Canada, 2 in Puerto Rico and 2 in Australia), 147 Gymboree Outlet stores, 122 Janie and Jack® shops and 133 Crazy 8® stores in the United States. The Company also operates online stores at www.gymboree.com, www.janieandjack.com and www.crazy8.com, and offers directed parent-child developmental play programs at 671 franchised and Company-operated Gymboree Play & Music® centers in the United States and 32 other countries.

About Bain Capital

Bain Capital, LLC (www.baincapital.com) is a global private investment firm that manages several pools of capital including private equity, venture capital, public equity, high-yield assets and mezzanine capital with approximately $64 billion in assets under management. Since its inception in 1984, Bain Capital has made private equity investments and add-on acquisitions in more than 300 companies in a variety of industries around the world. Bain Capital private equity investments have included such leading businesses as Toys “R” Us, Bright Horizons Family Solutions, Michaels Stores, Dollarama, Burlington Coat Factory, Dunkin’ Brands and Lilliput Kidswear. Headquartered in Boston, Bain Capital has offices in New York, Chicago, London, Munich, Hong Kong, Shanghai, Tokyo, and Mumbai.

Notice to Investors

The tender offer for the outstanding common stock of the Company referred to in this press release has not yet commenced. This press release is neither an offer to purchase nor a solicitation of an offer to sell any securities. The solicitation and the offer to buy shares of the Company common stock will be made pursuant to an offer to purchase and related materials that affiliates of Bain Capital Partners, LLC intends to file with the Securities and Exchange Commission. At the time the offer is commenced affiliates of Bain Capital Partners, LLC will file a tender offer statement on Schedule TO with the Securities and Exchange Commission, and thereafter the Company will file a solicitation/recommendation statement on Schedule 14D-9 with respect to the offer. The tender offer statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully and considered before any decision is made with respect to the tender offer. These materials will be sent free of charge to all stockholders of the Company when available. In addition, all of these materials (and all other materials filed by the Company with the Securities and Exchange Commission) will be available at no charge from the Securities and Exchange Commission through its website at www.sec.gov. Free copies of the offer to purchase, the related letter of transmittal and certain other offering documents will be made available by an affiliate of Bain Capital Partners, LLC when available. Investors and security holders may also obtain free copies of the documents filed with the Securities and Exchange Commission by the Company by contacting the Company Investor Relations at 500 Howard Street, San Francisco, CA 94105, telephone number 415-278-7933 or investor_relations@gymboree.com.

Additional Information about the Merger and Where to Find It

In connection with the potential merger, the Company would file a proxy statement with the Securities and Exchange Commission. Additionally, the Company would file other relevant materials with the Securities and Exchange Commission in connection with the proposed acquisition of the Company by affiliates of Bain Capital Partners, LLC pursuant to the terms of an Agreement and Plan of Merger by and among the Company and affiliates of Bain Capital Partners, LLC. The materials to be filed by the Company with the Securities and Exchange Commission may be obtained free of charge at the Securities and Exchange Commission’s web site at www.sec.gov. Investors and stockholders also may obtain free copies of the proxy statement from the Company by contacting the Company Investor Relations at 500 Howard Street, San Francisco, CA 94105, telephone number 415-278-7933 or investor_relations@gymboree.com. Investors and security holders of the Company are urged to read the proxy statement and the other relevant materials when they become available before making any voting or investment decision with respect to the proposed merger because they will contain important information about the merger and the parties to the merger.

The Company and its respective directors, executive officers and other members of their management and employees, under the Securities and Exchange Commission rules, may be deemed to be participants in the solicitation of proxies of the Company’s stockholders in connection with the proposed merger. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of certain of the Company’s executive officers and directors in the solicitation by reading the Company’s proxy statement for its 2010 annual meeting of stockholders and the proxy statement and other relevant materials which may be filed with the Securities and Exchange Commission in connection with the merger when and if they become available. Information concerning the interests of the Company’s participants in the solicitation, which may, in some cases, be different than those of the Company’s stockholders generally, will be set forth in the proxy statement relating to the merger when and if it becomes available. Additional information regarding the Company’s executive officers and directors in the solicitation is available by reading the Company’s proxy statement for its 2010 annual meeting of stockholders.

Forward Looking Statements

This press release contains forward-looking statements relating to the potential acquisition of The Gymboree Corporation by affiliates of Bain Capital Partners, LLC, including the expected date of closing of the acquisition and the potential benefits of the merger. These are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The actual results of the acquisition could vary materially as a result of a number of factors, including: uncertainties as to how many of The Gymboree Corporation’s stockholders will tender their stock in the offer; the possibility that competing offers will be made; and the possibility that various closing conditions for the transaction may not be satisfied or waived. Other factors that may cause actual results to differ materially include those set forth in the reports that we file from time to time with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended January 30, 2010 and quarterly and current reports on Form 10-Q and 8-K. These forward-looking statements reflect The Gymboree Corporation’s expectations as of the date of this press release. The Gymboree Corporation undertakes no obligation to update the information provided herein.

Art’s Way Manufacturing (ARTW) Announces 88.9% Increase in Revenues Over the Third Quarter of 2009

ARMSTRONG, Iowa, Oct. 11 /PRNewswire-FirstCall/ — Art’s Way Manufacturing Co., Inc. (Nasdaq:ARTW – News), a leading manufacturer and distributor of agricultural machinery, equipment and services announces its financial results for the three and nine months ended August 31, 2010.

In conjunction with the release, the Company has scheduled a conference call for October 13, 2010 at 10:00 AM CT. J. Ward McConnell, Jr., Executive Chairman of the Board of Directors of Art’s Way Manufacturing, will be leading the call and discussing third quarter and nine month financial results and an outlook for the balance of 2010.

What: Art’s Way Manufacturing Third Quarter & Nine Month Financial Results.

When: October 13, 2010 10:00 AM CT.

How: Live via phone by dialing (800) 624-7038. Code: Art’s Way Manufacturing. Participants to the conference call should call in at least 5 minutes prior to the start time.

Financial Highlights For the Three and Nine Months Ended August 31, 2010:

• Net sales for the three months ended August 31, 2010 were $10.6 million.
• Operating income for the three months ended August 31, 2010 increased 495.9% over 2009.
• Operating income for the nine months ended August 31, 2010 increased 166.8% over the same period in 2009.
• Earnings Per Share for the nine months were $0.22 versus $0.05 for the same period in 2009.

Revenue: Our consolidated corporate sales for the three- and nine- month periods ended August 31, 2010 were $10,582,000 and $22,910,000 respectively, compared to $5,600,000 and $19,407,000 during the same respective periods in 2009, a $4,982,000 increase for the quarter and $3,503,000 increase year-to-date, or 88.9%, and 18.0% respectively.  While all three divisions had increases in year-to-date sales, the largest increase can be attributed to our modular buildings segment.

Art’s Way Manufacturing, our agricultural products segment, had sales for the third fiscal quarter of $7,725,000, compared to $4,993,000 during the same period of 2009, a 54.7% increase.  Year-to-date sales were $15,927,000, up from $15,868,000 as of August 31, 2009, a 0.4% increase and a significant improvement over year-to-date results as of the end of the second fiscal quarter.  Although we have experienced decreased sales of Miller Pro products and OEM blowers, we have increased our sales of augers and beet equipment which yield higher profit margins.  Our year-to-date gross profit was $4,348,000 compared to $4,145,000 for the same period in 2009.

Art’s Way Vessels, our pressurized tank segment, had sales for the third fiscal quarter of $502,000, compared to $242,000 for the same period in 2009, a 107.7% increase.  Year-to-date sales were $1,245,000 in fiscal 2010, compared to $616,000 for the same period in 2009, a 101.9% increase. Our year-to-date gross profit was –$55,000 compared to –$131,000 for the same period in 2009

Art’s Way Scientific, our modular buildings segment, had third fiscal quarter sales of $2,355,000, compared to $365,000 for the same period in fiscal 2009, a 544.2% increase.  Year-to-date sales were $5,738,000 in fiscal 2010, compared to $2,923,000 for the same period in 2009, a 96.3% increase.  These increases are primarily due to higher demand during 2010, which we believe has resulted from improved economic conditions.  Our year-to-date gross profit was $1,180,000 compared to $72,000 for the same period in 2009

Income: Consolidated operating income increased 495.9%, from $213,000 for the three months ended August 31, 2009 to $1,271,000, for the three months ended August 31, 2010, while net income for the three months ended August 31, 2010 increased 1061.5%, from $65,000 in 2009 to $752,000.  Operating income for the nine months ended August 31, 2010 increased 166.8%, to $1,606,000 from $602,000 for the same period in 2009.   Net income for the nine months ended August 31, 2010 increased 389.3% to $887,000 from $181,000 for the same period in 2009.

Earnings per Share: Earnings per basic and diluted share increased 850% for the three months ended August 31, 2010 to $0.19 per share from $0.02 per share for the same period in 2009.

J. Ward McConnell Jr., Executive Chairman of the Board of Directors said, “Factors including stronger demand from customers, the expansion of our customer base, the introduction of new products, improved operational efficiency and reduced costs from increased productivity, and continued overall economic recovery have propelled our third quarter and nine months performance. Agricultural product prices continued to improve last quarter giving a large boost to U.S. farm income. With the higher incomes and robust prices we saw significantly more interest in new and replacement equipment than we have in some time, all of which creates sales opportunities for our expanding agricultural equipment line. We are seeing a longer-term trend as farmland and product prices improve, and we think more capital will be spent in the agricultural sector over the next few years. So while we are pleased with short-term results at Art’s Way we think the trends will be positive for ARTW’s operations longer term.

“We are pleased with the strong sales growth achieved during the quarter and nine months at Art’s Way Vessels and the continuing strength in our vessel sales. Our goal is to continue to improve the leverage in our operating model and generate higher profitability.

“As for Art’s Way Scientific – Buildings For Science – the increase in revenue was a result of our team aggressively working on the installation of several larger projects. Although the Government Economic Stimulus package never really materialized, there are institutions that have found alternative financing and we are now in discussions about scaled back versions of their intended projects. Additionally, Scientific has remained nimble during this time period and is now able to provide customers with temporary lease space for their expanding program needs or to support research during a major renovation project. We now have 3 modular building units that will be leased for a 12-month to 24-month term, which in the future can be re-leased or sold to other institutions.

“We are confident in our business strategy and believe we have positioned the Company well to take advantage of the market opportunities and to reap the rewards of our foresight in the coming years.”

About Art’s Way Manufacturing, Inc.

Art’s Way manufactures and distributes farm machinery niche products including animal feed processing equipment, sugar beet defoliators and harvesters, land maintenance equipment, crop shredding equipment, round hay bailers, plows, hay and forage equipment, manure spreaders and top and bottom drive augers. After-market service parts are also an important part of the Company’s business. The Company has two wholly owned subsidiaries. Art’s Way Vessels, Inc. manufactures pressurized tanks and vessels; Art’s Way Scientific, Inc. manufactures modular animal confinement buildings and modular laboratories.

For More Information, Contact:  Jim Drewitz, Investor Relations

830-669-2466 jim@jdcreativeoptions.com

Or visit the Company’s website at www.artsway-mfg.com/

This news release includes “forward-looking statements” within the meaning of the federal securities laws. Statements made in this release that are not strictly statements of historical facts, including: (i) our expectation that long-term demand for farming equipment will increase; (ii) our goal to improve leverage and profitability; (iii) our expectations relating to projects for Art’s Way Scientific; and (iv) our belief that we are well-positioned for market opportunities, are forward-looking statements. Statements of anticipated future results are based on current expectations and are subject to a number of risks and uncertainties, including, but not limited to, quarterly fluctuations in results, customer demand for the Company’s products, domestic and international economic conditions, the cost of raw materials, the management of growth, the availability of investment opportunities, and other factors detailed from time to time in the Company’s Securities and Exchange Commission filings. Actual results may differ markedly from management’s expectations. The Company cautions readers not to place undue reliance upon any such forward-looking statements.

General Moly (GMO) Announces Hanlong’s Receipt of Key Chinese Governmental Approval

LAKEWOOD, Colo.–(BUSINESS WIRE)– General Moly (NYSE Amex: GMO)(TSX:GMO.to – News) announced that the Company has been informed by Sichuan Hanlong Group (Hanlong) that it has received formal approval from the Chinese National Development and Reform Commission (NDRC) to invest in General Moly as a component of an overall structure to fully finance General Moly’s 80%-owned share of the Mt. Hope project.

Bruce D. Hansen, Chief Executive Officer of General Moly, said, “The NDRC approval represents another key milestone reached in the overall finance and development plan for our world-class Mt. Hope molybdenum project. The NDRC approval is by far the most important Chinese approval and signifies that the transaction is in alignment with China’s strategy. We anticipate the receipt of a Certificate of Overseas Investment as approval from the Ministry of Commerce and filing of that Certificate with the State Administration of Foreign Exchange (SAFE) to be forthcoming, within the next few days. We have agreed with Hanlong that formal approval from SAFE is not practical nor required at this time, as funds will not be required to be transferred until later in the year.”

Once completed, and following the publication of the Mt. Hope project’s Draft Environmental Impact Statement (DEIS), the Company will close on the initial 12.5% fully-diluted share sale to Hanlong for $40 million. General Moly continues to anticipate both publication of the DEIS and Hanlong’s equity investment to occur prior to year end. The Company will resume engineering and procurement upon receipt of these funds. The DEIS publication in the Federal Register will begin the public review period and signifies the final stages of federal permitting.

Under the agreement with Hanlong, Hanlong will increase its interest in General Moly to 25% on a fully-diluted basis, through an additional $40 million equity investment, following General Moly’s receipt of its Record of Decision (ROD) and Hanlong’s delivery of a $665 million Hanlong-guaranteed loan to be sourced from a Prime Chinese Bank. General Moly currently anticipates ROD receipt by mid-2011 and anticipates loan availability and initiation of construction within three months of permit receipt. General Moly has already initiated discussions with several Prime Chinese Banks, including the Import Export Bank of China.

WATER RIGHTS UPDATE

The Nevada State Engineer’s office has set a hearing for December 6th to the 10th to review the Company’s water applications. The Company now anticipates the State Engineer’s office to issue its ruling approximately three months following the conclusion of the hearings.

General Moly is a U.S.-based molybdenum mineral development, exploration and mining company listed on the NYSE Amex (formerly the American Stock Exchange) and the Toronto Stock Exchange under the symbol GMO. Our primary asset, our interest in the Mt. Hope project located in central Nevada, is considered one of the world’s largest and highest grade molybdenum deposits. Combined with our second molybdenum property, the Liberty project that is also located in central Nevada, our goal is to become the largest primary molybdenum producer by the middle of the decade. For more information on the Company, please visit our website at http://www.generalmoly.com.

Forward-Looking Statements

Statements herein that are not historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and are intended to be covered by the safe harbor created by such sections. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected, or implied by the Company. These risks and uncertainties include, but are not limited to, metals price and production volatility, global economic conditions, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, exploration risks and results, political, operational and project development risks, including the Company’s ability to obtain required permits to commence production and its ability to raise required financing, adverse governmental regulation and judicial outcomes. The closing of the Hanlong transaction and obtaining bank financing are subject to a number of conditions precedent that may not be fulfilled. For a detailed discussion of risks and other factors that may impact these forward looking statements, please refer to the Risk Factors and other discussion contained in the Company’s quarterly and annual periodic reports on Forms 10-Q and 10-K, on file with the SEC. The Company undertakes no obligation to update forward-looking statements.

TeleCommunication Systems (TSYS) Receives $9.3 Million World-Wide Satellite Systems Order From U.S. Army

ANNAPOLIS, MD–(Marketwire – 10/08/10) – TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS – News), a world leader in highly reliable and secure mobile communication technology, today announced that it has been awarded a new order with a ceiling value of $9.3 million to provide satellite terminal spare parts to the U.S. Army. The order is initially funded at $5.3 million and will be funded up to a total of $9.3 million if the options are fully exercised through August 2011. This award was made under the Army’s $5 billion World-Wide Satellite Systems (WWSS) Indefinite Delivery Indefinite Quantity (IDIQ) contract vehicle in support of the Project Manager for the Warfighter Information Network-Tactical (PM WIN-T). Under the WWSS procurement vehicle, customers may place orders through August 2011 for delivery up to a year thereafter.

“Continuing to deliver reliable and secure communications equipment to the U.S. Army is a top priority for TCS. We know that every system that we deliver is an integral part of the programs that support the success of each mission,” said Michael Bristol, senior vice president and general manager of government solutions for TCS.

TCS has established a proven track record for more than two decades as a trusted provider of communication technology solutions to solve the government’s toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS offers a family of deployable communications solutions, SwiftLink®, and complete end-to-end managed services for converged (IP-based) voice, video and data solutions to organizations requiring seamless, highly secure connectivity between fixed sites and remote operations.

About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS – News) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS’ cyber security expertise and professional services. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit www.telecomsys.com.

Except for the historical information contained herein, this news release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These statements are subject to risks and uncertainties and are based upon TCS’ current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include without limitation the possibility that the contract options will not be exercised, or that the total value of the order will not be fully funded, and those detailed from time to time in the Company’s SEC reports, including the reports on Form 10-K for the year ended December 31, 2009, and on Form 10-Q for the quarter ended June 30, 2010.

Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.

TearLab Corp. (TEAR) Reports Reimbursement for Osmolarity Test

SAN DIEGO, Oct. 8, 2010 (GLOBE NEWSWIRE) — TearLab Corporation (Nasdaq:TEAR – News) (TSX:TLB – News) announced today that the Committee for Medicare and Medicaid Services (CMS) has published their recommended payment determination for new test codes, which includes a proposed reimbursement rate for the TearLab Osmolarity Test, effective January 2011. The new Current Procedural Terminology (CPT) code that will apply to the TearLab Osmolarity test will be reimbursed by CMS at $24.01 per eye (National Limit). The actual CPT code will be published by the American Medical Association in December 2010.

Reimbursement by CMS will only be available for offices that have a Moderate Complex CLIA certificate until TearLab receives a CLIA Waiver categorization from the Food and Drug Administration (“FDA”). This waiver is currently under review by the FDA.

“With FDA approval last year, reimbursement marks the achievement of the second of our three key milestones for U.S. commercialization. We look forward to receiving our CLIA waiver certificate which will make it much simpler for individual doctors to provide the test for their patients,” commented Elias Vamvakas, TearLab’s Chief Executive Officer.

About The TearLab(TM) Osmolarity System

The TearLab(TM) Osmolarity System uses a novel lab-on-a-chip approach that requires less than 50 nL (nanoliters) of tear fluid in order to measure tear Osmolarity. The TearLab(TM) Osmolarity System eliminates the challenges that previously prevented point-of-care Osmolarity testing. The TearLab(TM) System can produce a sample-to-answer result in less than 30 seconds.

About Dry Eye Disease

DED is a common condition in which the eye does not produce enough tears to keep the surface of the eye sufficiently lubricated. It affects approximately 40 million people in the U.S. and 100 million people worldwide. In its mild to moderate forms, it can impact vision and the ability to go about daily activities. In its more severe forms, DED can lead to permanent loss of vision.

About TearLab Corporation

TearLab Corporation (www.tearlab.com) develops and markets lab-on-a-chip technologies that enable eye care practitioners to improve standard of care by objectively and quantitatively testing for disease markers in tears at the point-of-care. The TearLab Osmolarity Test, for diagnosing Dry Eye Disease, is the first assay developed for the award winning TearLab Osmolarity System. Headquartered in San Diego, CA, TearLab Corporation’s common shares trade on the NASDAQ Capital Market under the symbol ‘TEAR’ and on the Toronto Stock Exchange under the symbol ‘TLB’.

Forward-Looking Statements

This press release may contain forward-looking statements. These statements relate to future events and are subject to risks, uncertainties and assumptions about the Company. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. Many factors may cause our actual results to differ materially from any forward-looking statement, including the factors detailed in our filings with the Securities and Exchange Commission and Canadian securities regulatory authorities, including but not limited to our Forms 10-K and 10-Q. We do not undertake to update any forward-looking statements.

LML (LMLP) Settles Litigation With the Bank of New York Mellon and First National Bank of Omaha

VANCOUVER, British Columbia, Oct. 8, 2010 (GLOBE NEWSWIRE) — LML Patent Corp. (“LML”), a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (the “Corporation”) (Nasdaq:LMLP – News) announced today that it has received total payment in the amount of $5,150,000 and has entered into Settlement and License Agreements (the “Agreements”) with each of The Bank of New York Mellon (“BNYM”) and First National Bank of Omaha and First National Merchant Solutions, LLC (collectively, “First National”) with respect to litigation filed by LML in the U.S. District Court for the Eastern District of Texas alleging that each of BNYM and First National infringed U.S. Patent No. RE40,220.

The Agreements provide each of BNYM and First National with a fully paid-up license to certain LML patents for electronic check conversion transactions including “ARC,” “WEB,” “POP,” “TEL” and “BOC.”

“We are extremely pleased to have settled our litigation with both BNYM and First National and we welcome them as valued licensees,” said Patrick H. Gaines, chief executive officer.

About LML Payment Systems Inc. (www.lmlpayment.com)

LML Payment Systems Inc., through its Canadian subsidiary Beanstream Internet Commerce Inc., and its U.S. subsidiaries Beanstream Internet Commerce Corp and LML Payment Systems Corp., is a leading provider of financial payment processing solutions for e-commerce and traditional businesses. We provide credit card processing, online debit, electronic funds transfer, automated clearinghouse payment processing and authentication services, along with routing of selected transactions to third party processors and banks for authorization and settlement. Our intellectual property estate, owned by subsidiary LML Patent Corp., includes U.S. Patent No. RE40,220, No. 6,354,491, No. 6,283,366, No. 6,164,528, and No. 5,484,988 all of which relate to electronic check processing methods and systems.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all passages containing verbs such as “aims,” “anticipates,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects” or “targets” or nouns corresponding to such verbs. Forward-looking statements also include any other passages that are primarily relevant to expected future events or that can only be evaluated by events that will occur in the future. Forward-looking statements are based on the opinions and estimates of the management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect the Corporation’s actual results include, among others, the impact, if any, of stock-based compensation charges, the potential failure to establish and maintain strategic relationships, inability to integrate recent and future acquisitions, inability to develop new products or product enhancements on a timely basis, inability to protect our proprietary rights or to operate without infringing the patents and proprietary rights of others, and quarterly and seasonal fluctuations in operating results. More information about factors that potentially could affect the Corporation’s financial results is included in the Corporation’s quarterly reports on Form 10-Q and our most recent annual report on Form 10-K filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Except as required by law, the Corporation undertakes no obligation to update any forward-looking or other statements in this press release, whether as a result of new information, future events or otherwise.

Global Education & Technology Group Ltd. (GEDU) Announces Pricing of Initial Public Offering on NASDAQ

BEIJING, Oct. 8, 2010 (GLOBE NEWSWIRE) — Global Education & Technology Group Ltd. (Nasdaq:GEDU – News) (“Global Education” or the “Company”), the largest test preparation provider for the International English Language Testing System (“IELTS”) and a leading provider of educational courses and related services in China, today announced that it has priced its initial public offering of 6,375,000 American depositary shares (“ADSs”), each representing four ordinary shares of the company, at US$10.50 per ADS, with a total offering size of US$66.9 million, assuming no exercise of the over-allotment option. The ADSs will begin trading on the Nasdaq Global Select Market on October 8, 2010 under the symbol “GEDU.”

The Company has granted the underwriters a 30-day option to purchase up to an additional 956,250 ADSs.

Credit Suisse Securities (USA) LLC and BofA Merrill Lynch acted as joint bookrunners, and Piper Jaffray & Co. and William Blair & Company, L.L.C. acted as co-managers, for the offering.

Global Education’s registration statement relating to the initial public offering has been declared effective by the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful under the securities laws of any such state or jurisdiction.

The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the offering may be obtained by contacting Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, Eleven Madison Avenue, New York, NY 10010; phone +1-800-221-1037; or by contacting BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Preliminary Prospectus Department or emailing Prospectus.Requests@ml.com.

About Global Education

Global Education & Technology Group Ltd. (Nasdaq:GEDU – News) is the largest test preparation provider for IELTS and a leading provider of educational courses and related services in China. Under its “Global” brand, the Company also offers diversified services that span a student’s educational life cycle, including after-school courses, overseas study consulting, and professional certification test preparation. As of June 30, 2010, the Company’s network comprised 66 directly operated and 226 franchised learning centers across China, as well as an online course delivery platform with more than one million registered members. For more information, please visit www.globaleducation.cn.

China Housing & Land Development (CHLN)

Located in Xi’an, China Housing & Land Development is a leading real estate developer of residential and commercial buildings and land in northwest China. For nearly two decades the company has been acquiring, developing, managing and selling residential and commercial real estate properties and land through its wholly-owned subsidiaries in China.

Leveraging strong relationships with China’s local state authorities, China Housing & Land Development has been able to capitalize on the supply of available land and develop residential and commercial properties. The company has proven its ability to outperform competitors in medium size residential and commercial real estate developments in greater Xi’an.

Currently three analysts track the stock. One says it’s a “strong buy”, while the other two say it’s a “buy”. The average price target is $5.50. The company currently holds $318.5 million in assets and $227.5 million in liabilities. With $68.3 million cash on hand and a market cap of only $66.83 million, the company’s stock trades below total cash per share.

Highlights include:

• The number 1 residential real estate development company in Xi’an, Shaanxi Province, China
• Preeminent position permits increased penetration in the residential and commercial property development market
• Eight year history of market leadership, brand recognition, and established relationships with key decision makers
• Company leaders own significant shares and anticipate gradually accelerating long-term revenue and earnings growth
• The company reports using U.S. GAAP accounting and complies with all SEC reporting requirements

Key statistics (5/3/11):

Market cap: $76.82 Million
P/S Ratio: 0.54 versus industry average of 11.92
Price/Cash Flow: 3.60 versus industry average of 11.80
Price/Book Value: 0.70 versus industry average of 3.44

Return on Equity: 3.5% versus industry average of 5.1%
Return on Assets: 5.6% versus industry average of 3.1%
Return on Capital: 8.7% versus industry average of 3.3%
5-Year average ROE: 13.0% versus industry average of 4.3%

Alexco (AXU) Intersects 10.4 Meters of 44.3 Ounces Per Ton Silver

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/06/10 — Alexco Resource Corp. (TSX: AXR)(NYSE Amex: AXU) (“Alexco” or the “Company”) is pleased to announce additional results from its 2010 core drilling program at the Keno Hill Silver District in Canada’s Yukon Territory. Exploration and infill drilling in the area of the historical Onek underground and open pit mine has identified an upper silver rich zone of mineralization with associated high grade zinc, and locally lead, over significant widths. The 2010 drill program, combined with earlier Alexco work, confirms that high grade zinc-silver mineralization extends at least 400 meters along strike, 220 meters down dip, and remains open to the southwest and down plunge. Importantly, the historical Onek mine area is located approximately 1.5 kilometers northwest of the Bellekeno silver-lead-zinc deposit, and approximately 1 kilometer from the newly completed Bellekeno mill currently being commissioned for commercial silver production in 2010.

Highlights

Complete and partial assay results have been received for 18 of 20 holes drilled in the area of the historical Onek mine, located in the eastern part of the Keno Hill district. Results include the following:

--  DDH K10-265 cut an interval grading: 1,518.6 grams per tonne silver
    (44.3 ounces per ton), 1.003 grams per tonne gold, 17.93% lead and 3.15%
    zinc over 10.42 meters from 53.79 to 64.21 meters.
--  DDH K10-254 cut an interval grading: 834.4 grams per tonne silver (24.3
    ounces per ton), 1.194 grams per tonne gold, 6.68% lead and 21.84% zinc
    over 7.30 meters from 122.10 to 129.40 meters.
--  DDH K10-253 cut an interval grading: 411.5 grams per tonne silver (12.0
    ounces per ton), 1.545 grams per tonne gold, 3.11% lead and 21.09% zinc
    over 5.49 meters from 98.30 to 103.79 meters.
--  DDH K10-250 cut an interval grading: 202.1 grams per tonne silver (5.9
    ounces per ton), 0.422 grams per tonne gold, 2.05% lead and 27.96% zinc
    over 8.86 meters from 127.34 to 136.20 meters.
--  DDH K10-267 cut an interval grading: 301.1 grams per tonne silver (8.8
    ounces per ton), 1.985 grams per tonne gold, 0.28% lead and 34.60% zinc
    over 2.82 meters from 106.48 to 109.30 meters.
--  DDH K10-262 cut an interval grading: 527.8 grams per tonne silver (15.4
    ounces per ton), 0.550 grams per tonne gold, 7.03% lead and 13.81% zinc
    over 2.77 meters from 60.51 to 63.28 meters.
--  DDH K10-255 cut an interval grading: 359.0 grams per tonne silver (10.5
    ounces per ton), 0.589 grams per tonne gold, 0.41% lead and 20.77% zinc
    over 1.14 meters from 94.57 to 95.71 meters.

These recent drill results continue to confirm the presence of high-grade zinc-silver-lead and local gold mineralization in the area of the historical Onek mine, which was first drill tested by Alexco in 2007. The 2010 exploration and infill drill program focused mainly on confirming and expanding the upper, more silver-rich mineralization, as defined in the historical Onek resource by the property’s former owner, United Keno Hill Mines Limited (“UKHM”). In addition to silver, lead, zinc and gold, the 2010 Onek drilling also encountered significant indium mineralization in multiple drill holes including 8.86 meters grading 472 ppm indium in DDH K10-250 from 127.34 to 136.20 meters.

Onek Drilling, Production and Historical Resource

The 2010 Onek drilling, covering a strike length in excess of 400 meters along the Onek structural zone, has confirmed the upper, silver-rich mineralization within and adjacent to the historical Onek mine where reported past production totaled 93,000 tons averaging 13.77 ounces per ton silver, 5.54% lead and 3.43% zinc. An historical resource estimate for the area encompassing the existing underground workings was calculated by the staff of UKHM in approximately 1997. This historical resource estimate, including proven, probable and inferred mineralization, totals 85,734 tons grading 12.63 ounces per ton silver, 4.71% lead, 16.41% zinc and 0.01 ounces per ton gold. Although believed by Alexco management to be relevant and reliable, this historical resource estimate pre-dates National Instrument 43-101 (“NI 43-101”) and is not compliant with NI 43-101 resource categories. Alexco plans to complete an interim NI 43-101 compliant resource estimate from data collected from Onek through October 2010, primarily to rank the deposit as part of an ongoing district-wide strategic development plan. The importance of the Onek deposit is enhanced by its proximity to the newly constructed Bellekeno mill, ease of underground access, and the identification of newly defined areas of the deposit with significant silver credits. Additionally, the extents of the deposit remain open.

A composite table listing those Onek 2010 drill holes having complete and partial assay results is available for review along with a drill hole location map on the Company website at www.alexcoresource.com.

Notes

True widths have not been determined for all the above reported drill intercepts but are believed to be representative of actual drill thicknesses.

The 2010 exploration drill program and sampling protocol has been reviewed, verified and compiled by Alexco’s geologic staff under the oversight of Stan Dodd, Vice President, Exploration for Alexco and a Qualified Person as defined by NI 43-101. A rigorous quality control and quality assurance protocol is used on the project, including blank, duplicate and standard reference samples in each batch of 20 samples that were delivered to the lab. All drill core samples were shipped to Agat Labs at Whitehorse, Yukon Territory for preparation, with fire assay and multi-element ICP analyses done at Agat Labs facility at Mississauga, Ontario. The scientific and technical information about Alexco’s mineral projects contained in this news release has also been reviewed and verified by Mr. Dodd.

Continued 2010 District Exploration

Alexco is actively expanding exploration work at Keno Hill, recently adding two more drills (one diamond drill, one reverse circulation drill) to bring the total exploration drilling operation to seven drills, including one underground drill. Initial follow-up drill programs have been completed at the historical Lucky Queen and Silver King mines, as well as the Onek mine. Core drilling is currently underway near the historical Galkeno and Bermingham mines on Galena Hill, and at the Flame & Moth prospect immediately adjacent to the new Bellekeno mill. Additional surface core drilling is also underway in the vicinity of the Bellekeno deposit, and is planned for the Elsa/Husky areas later this year. In addition to the core drilling program, a reverse circulation drill is currently drilling in the McQuesten Valley mainly to capture stratigraphic information. The Keno Hill exploration program is currently projected to continue in to the winter, and a decision will be made in November or December regarding the number of drills to be retained for continuing winter-spring operations in 2011.

Keno Hill Silver District History

Between 1921 and 1988, the Keno Hill Silver District produced more than 217 million ounces of silver with average grades of 40.5 ounces per ton silver, 5.6% lead and 3.1% zinc (Yukon Government’s Minfile database). The historical production grades would rank Keno Hill in the top 3% by grade of today’s global silver producers. The Keno Hill district is the second-largest historical silver producer in Canada.

About Alexco

Alexco’s business is to unlock value and manage risk at mature, closed or abandoned mine sites through integration and implementation of the Company’s core competencies which include management of environmental services, execution of mine reclamation and closure operations and if appropriate, rejuvenation of exploration and development of new mining opportunities.

Some statements in this news release contain forward-looking information concerning the Company’s anticipated results and developments in the Company’s operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future, made as of the date of this press release. Forward-looking statements may include, but are not limited to, statements with respect to future remediation and reclamation activities, future mineral exploration, the estimation of mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, the timing of activities and the amount of estimated revenues and expenses, the success of exploration activities, permitting time lines, requirements for additional capital and sources and uses of funds. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of remediation and reclamation activities; actual results of exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold, silver and other commodities; possible variations in ore bodies, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development activities.

Contacts:
Alexco Resource Corp.
Clynton R. Nauman
President and Chief Executive Officer
604-633-4888
604-633-4887 (FAX)
info@alexcoresource.com
www.alexcoresource.com

Cadence Financial Corporation (CADE) Agrees to Be Acquired by Community Bancorp LLC

Oct. 6, 2010 (Business Wire) — Cadence Financial Corporation (NASDAQ: CADE), the parent company of Cadence Bank, N.A., a bank holding company whose principal subsidiary is Cadence Bank, N.A., today announced that it has agreed to be acquired by Community Bancorp LLC (“CBC”), a Delaware limited liability company formed to invest in community banks. CBC has agreed to acquire Cadence through the merger of a newly formed subsidiary of CBC with and into Cadence, with Cadence as the surviving corporation. Cadence also announced that it has terminated its previously announced agreement with Trustmark Corporation (NASDAQ: TRMK).

Under the agreement, Cadence shareholders will receive $2.50 in cash per Cadence common share. CBC has offered to purchase the $44.0 million of Cadence preferred stock and the associated warrant issued to the U.S. Department of the Treasury (“Treasury”) under the Capital Purchase Program (“CPP”) for $38 million in cash. Treasury has indicated its willingness to agree to sell its Cadence preferred stock and warrant for such cash consideration subject to the entry into definitive documentation acceptable to Treasury in its sole discretion.

“I am pleased to announce this transaction with CBC will deliver more value to our shareholders,” said Lewis F. Mallory Jr., Chairman and Chief Executive Officer of Cadence. “The cash price per share represents a premium to our current trading price and represents a higher, more certain price than what had been previously offered. We are excited about the opportunity to join with CBC to continue our operations under the Cadence Bank name and the Cadence charter while continuing to serve our communities with our existing employee team.”

“We are delighted to have reached agreement on our transaction with Cadence,” said Paul B. Murphy, Jr., Chief Executive Officer and President of CBC. “Cadence has a talented management team, highly-dedicated employees and a loyal customer base. We believe we can support Cadence with expanded access to capital to fund Cadence’s future growth including loans to local businesses and individuals. We are also excited about the potential of expanding Cadence’s involvement in existing communities and developing new markets. As CBC fully deploys the capital we have raised, we expect to use the Cadence platform as the backbone for our operations as we grow regionally using the Cadence name, providing for future employment and economic growth in the region. We believe this transaction is a win-win situation for Cadence’s shareholders, employees and customers, as well as the members of its local communities.”

The consummation of the transaction is subject to satisfaction or waiver of customary closing conditions. The transaction is expected to close by the first quarter of 2011.

Goldman Sachs served as financial advisor and Wachtell, Lipton, Rosen & Katz served as legal advisor to CBC. Keefe, Bruyette & Woods served as financial advisor and Jackson Walker L.L.P. served as legal advisor to Cadence.

About Cadence Financial Corporation

Cadence Financial Corporation is a $1.9 billion bank holding company providing full financial services, including banking, trust services, mortgage services and investment products in Mississippi, Tennessee, Alabama, Florida and Georgia. Cadence’s stock is listed on the NASDAQ Global Select Market under the symbol CADE.

About Community Bancorp LLC

Community Bancorp LLC is a bank holding company, headquartered in Houston, Texas. CBC has raised equity capital commitments in excess of $900 million for the purpose of making investments in the U.S. banking sector, with a particular focus on community banks that are well positioned to benefit from the equity capital and industry expertise CBC can provide.

CBC is led by:

Paul B. Murphy, Jr., Chief Executive Officer and President. Mr. Murphy was Chief Executive Officer and President of Amegy Bank of Texas, an $11 billion bank headquartered in Houston, Texas, until joining CBC. Mr. Murphy is a director of the Mississippi State University Foundation, Federal Reserve Bank of Dallas, Houston branch and Hines Real Estate Investment Trust.

William B. Harrison, Jr., Chairman. Mr. Harrison is the former Chairman and Chief Executive Officer of JPMorgan Chase where he retired as Chairman at year-end 2006. Previously he had held the position of Chief Executive Officer of Chase Manhattan Corporation from June 1, 1999 and presided over the mergers with J.P. Morgan in 2000 and Bank One in 2004. Mr. Harrison is a director of Merck & Co. and Cousins Properties.

Not an Offer:

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any state or jurisdiction.

Additional Information and Where to Find It:

This document may be deemed solicitation material in respect of the proposed transaction between CBC and Cadence.

In connection with the proposed transaction, Cadence intends to file with the U.S. Securities and Exchange Commission (the “SEC”) a proxy statement to its shareholders. Cadence shareholders are urged to read the proxy statement regarding the proposed transaction when it becomes available because it will contain important information regarding Cadence, CBC, the proposed transaction and related matters. You may obtain copies of all documents regarding this proposed transaction and other documents filed by Cadence with the SEC, free of charge, at the SEC’s website (www.sec.gov) or by sending a request to Cadence Financial Corporation, 301 East Main Street, Starkville, Mississippi 39760, or by calling Cadence at 662-323-1341.

Cadence and its directors and officers may be deemed to be participants in the solicitation of proxies from the shareholders of Cadence in respect of the proposed transaction. Information regarding the officers and directors of Cadence is available in Cadence’s definitive proxy statement filed with the SEC on April 16, 2010. Additional information regarding the interests of such potential participants will also be included in the definitive proxy statement for the proposed transaction and the other relevant documents filed with the SEC.

Forward-Looking Statements:

This press release contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Accordingly, these statements are only predictions and involve estimates, known and unknown risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed in them. Our actual results could differ materially from those anticipated in such forward-looking statements, including as a result of factors outside CBC’s or Cadence’s control, such as economic and other conditions in the markets in which CBC and Cadence operate; inability to complete the transaction announced today; managements’ ability to effectively execute their respective business plans, including any changes in management or employees; regulatory enforcement actions to which Cadence is currently and may in the future be subject; changes in capital classification; changes in the economy affecting real estate values; inability to attract and retain deposits; changes in the level of non-performing assets and charge-offs; changes in the financial performance and/or condition of borrowers; inflation, interest rate, cost of funds, securities market and monetary fluctuations; changes in laws and regulations; and competition. All forward-looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will not differ materially from expectations, and, therefore, you are cautioned not to place undue reliance on such statements. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

ICOP (ICOP) Wins Multiple Orders for US Air Force Bases

LENEXA, KS — (Marketwire) — 10/06/10 — ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advancing digital surveillance technology solutions, today announced the initial order to deploy ICOP Model 20/20-W® mobile video systems to 11 Air Force Bases in the Southern US, stretching from Arizona to Florida. The units will be installed in vehicles operated by the Air Force Security Forces at their respective bases. The initial order was valued at over $200,000, with up to $1.4M in total fleet deployment.

The sale originated at Randolph Air Force base, a long standing ICOP customer for both police and fire vehicles. Located north of San Antonio, Texas, the Base serves as headquarters of the Air Education and Training Command (AETC) as well as the Air Force Personnel Center (AFPC). Randolph AFB operates parallel runways on either side of its main installation facilities and conducts 24-hour-a-day flight training operations. Their mission is to develop America’s Airmen today, for tomorrow. Tenant units of Randolph AFB include the Air Force Personnel Center (AFPC), Air Force Manpower Agency, Air Force Office of Special Investigations Field Investigations Region 4 and the Air Force Recruiting Service.

ICOP is also pleased to announce that ICOP recently secured an initial order from Langley Air Force Base in Virginia through one of its strategic channel partners, for use by the Air Force Security Forces. Located close to Hampton, Virginia, it is the home of the United States Air Force’s 633d Air Base Wing (633 ABW), 1st Fighter Wing (1 FW) and the 480th Intelligence Surveillance and Reconnaissance Wing (480 ISRW). It also hosts the Global Cyberspace Integration Center field operating agency, the 192D Fighter Wing of the Virginia Air National Guard and Headquarters Air Combat Command (ACC).

About ICOP Digital, Inc.
ICOP Digital, Inc. (NASDAQ: ICOP) is a leading provider of in-car video and mobile video solutions for Law Enforcement, Fire, EMS, Military, and Homeland Security markets worldwide. ICOP solutions help the public and private sectors mitigate risks, reduce losses, and improve security through the live streaming, capture and secure management of high quality video and audio. www.ICOP.com

Forward-Looking Statements
This document contains forward-looking statements. You should not rely too heavily on forward-looking statements because they are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. The Company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. This, plus other uncertainties and factors described in our most-recent annual report and our most-recent prospectus filed with the Securities and Exchange Commission, could materially affect the Company and our operations. These documents are available electronically without charge at www.sec.gov.

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For more information, contact:
Melissa K. Owen
Dir. of Communications
16801 West 116th Street
Lenexa, KS 66219 USA
Phone: (913) 338-5550
Fax: (913) 312-0264
Email Contact
www.ICOP.com

For Investor Relations:
DC Consulting, LLC
Daniel Conway
Chief Executive Officer
Phone: (407) 792-3332
Email Contact
Email Contact

TeleCommunication Systems (TSYS) Announces Enhanced Feature Set for TCS Workforce Locator(TM)

ANNAPOLIS, MD and SAN FRANCISCO, CA — (Marketwire) — 10/06/10 — CTIA Booth # 309 — TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced significant enhancements to its leading mobile resource management (MRM) solution. TCS Workforce Locator™ is a web-based location application that heightens an organization’s visibility into its mobile workforce, thereby increasing productivity. Using this economical and easy-to-use MRM solution, which is proven and tested through tier-1 U.S. carrier experience, decision makers can employ mobile location technology to efficiently manage mobile teams.

Delivered to enterprise users by wireless providers, TCS Workforce Locator gives organizations the ability to locate field workers in real time, communicate with them via text messaging, and direct their mobile workforce and resources in order to lower customer response times and save valuable resources.

This release of TCS Workforce Locator introduces several advanced features:

• Tracking Scheduler allows organizations to schedule tracking to automatically run over multiple days without logging in each day.
• Reporting Scheduler keeps management informed about workforce whereabouts via location reports sent automatically via email.
• Local Search gives mobile workers the ability to find businesses and customer locations using a leading hyper-local search engine.
• Delegated Admin Role enables the primary account administrator to allow one or more managers full access to the service.

With the enhanced functionality, subscribed organizations enjoy a wider array of benefits as well:

• Locate workers either by address on a web-based display with satellite, birds-eye or standard map views.
• Send messages to individuals, groups, or entire teams.
• Give workers directions to the next job or back to the office from their current location.
• Create custom locations such as office or customer locations for easy dispatch.
• Find points of interest near the worker’s current location (e.g., nearest gas station, ATM, restaurant).

“More organizations today manage a mobile workforce and they need ready access to their employees in order to efficiently run their operations,” said Drew Morin, senior vice president and chief technology officer for TCS. “Businesses are clearly demanding solutions for managing their mobile assets; TCS’ Workforce Locator enables organizations to do just that by automatically locating remote workers, communicating with them efficiently, and dispatching them using the industry’s most up-to-date location data.”

TCS offers this white-label solution to wireless carriers, who deliver it to its business subscribers. Reliable, scalable, and secure, TCS Workforce Locator works with all major wireless network technologies, including 2G, 3G, and WiMAX/LTE for CDMA and GSM solutions. Morin adds, “It’s easy for carriers to implement because, as a standards-based solution, it offers seamless integration with existing infrastructure and is simple to manage. It fills a market demand which makes it easy to sell. Finally, with no software to install and an intuitive interface for the business subscribers, we’ve made it simple for carriers to support.”

As pioneers of the world’s first wireless location platform, TCS offers a world-class LBS portfolio that includes branded and private-label applications, infrastructure, mapping, and content for leading consumer brands, content providers, voice service providers and more than 40 mobile operators worldwide. Offering 99.999% reliability, TCS leads the industry in deployed mobile applications. For more information on LBS offerings, go to www.telecomsys.com/LBS.

About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS’ cyber security expertise and professional services. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit www.telecomsys.com.

Except for the historical information contained herein, this news release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These statements are subject to risks and uncertainties and are based upon TCS’ current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include without limitation those detailed from time to time in the Company’s SEC reports, including the reports on Form 10-K for the year ended December 31, 2009 and Form 10-Q for the quarter ended June 30, 2010.

Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.

Company Contact:
TeleCommunication Systems, Inc.
Meredith Allen
410-295-1865
Email Contact

Media Contact:
Welz & Weisel Communications
Nicole Nolte
703-218-3555
Email Contact

Investor Relations:
Liolios Group, Inc.
Scott Liolios
949-574-3860
Email Contact

Old National Bancorp (ONB) to Acquire Monroe Bancorp (MROE)

EVANSVILLE, Ind. and BLOOMINGTON, Ind., Oct. 6, 2010 (GLOBE NEWSWIRE) — Old National Bancorp (NYSE:ONB) and Monroe Bancorp (Nasdaq:MROE) of Bloomington, Indiana, jointly announced today the execution of a definitive agreement under which Old National will acquire Monroe Bancorp through a merger.

Monroe Bancorp is an Indiana bank holding company whose wholly owned subsidiary, Monroe Bank, is the largest bank headquartered in Bloomington with nearly $850 million in assets. Monroe Bank was established in Bloomington in 1892 and currently has 15 banking centers in central and south central Indiana.

Founded in Evansville in 1834, with $7.7 billion in assets and 165 branches, Old National is the largest financial services holding company headquartered in Indiana. This acquisition will strengthen Old National’s position as the third largest branch network in Indiana. Old National also has branches in southern Illinois and western Kentucky.

“This is an exciting day and a tremendous partnership opportunity for Old National,” commented Old National Bancorp President & CEO Bob Jones. “Monroe Bank is a true community bank and a leader in the Bloomington market with a focus on basic banking and a legacy of outstanding client service and passionate community involvement. This partnership will enable Monroe Bank’s loyal client base to continue to do business with a community-focused, Indiana-based financial institution with a similar culture and vision.”

Mark Bradford, Monroe Bancorp/Monroe Bank President & CEO, added: “Monroe Bank is proud to partner with a like-minded, Indiana-based financial institution that will enable our clients and associates to continue a very successful community-banking model. With 176 years of service to Hoosier families and businesses and an existing presence in Bloomington and several of our other markets, Old National is the ideal partner for us at this pivotal time.”

The merger agreement was approved by the boards of both companies. Under the terms of the merger agreement, shareholders of Monroe Bancorp common stock will receive 1.275 shares of Old National Bancorp common stock for each share of Monroe Bancorp common stock held by them. Based upon yesterday’s closing price of $10.47 per share of Old National Bancorp common stock, the transaction is valued at approximately $83.5 million. The transaction value will likely change due to fluctuations in the price of Old National common stock. The exchange ratio will adjust if the price of Old National common stock (calculated near the closing time) exceeds $10.98 per share. In such event, the Monroe shareholders will receive $14.00 of Old National common stock for each share of Monroe common stock held by them. The exchange ratio is subject to other adjustments under certain circumstances if loan delinquencies at Monroe exceed specified amounts or if the Consolidated Shareholders’ Equity of Monroe as adjusted is below the amount as of June 30, 2010.

The transaction is expected to close by the end of this year, or early in the first quarter of 2011, and is subject to approval by federal and state regulatory authorities and Monroe Bancorp’s shareholders and the satisfaction of the closing conditions provided in the merger agreement. The merger agreement also provides that Monroe Bank, the bank subsidiary of Monroe Bancorp, will be merged into Old National Bank, the bank subsidiary of Old National Bancorp, at a future date, which is as yet undetermined.

Old National was advised by Sandler O’Neill + Partners, L.P., as well as the law firm of Krieg DeVault LLP. Monroe was advised by the investment banking firm of Howe Barnes Hoefer & Arnett, Inc., and the law firm of Barnes and Thornburg LLP.

About Old National

Old National Bancorp, which celebrated its 175^th anniversary in 2009, is the largest financial services holding company headquartered in Indiana and, with $7.7 billion in assets, ranks among the top 100 banking companies in the United States. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued partnerships with clients in its primary footprint of Indiana, Illinois and Kentucky. In addition to providing extensive services in retail and commercial banking, wealth management, investments and brokerage, Old National also owns one of the largest independent insurance agencies headquartered in Indiana, offering complete personal and commercial insurance solutions. For more information and financial data, please visit the Investor Relations section of the company’s website at oldnational.com.

About Monroe Bancorp

Monroe Bancorp, headquartered in Bloomington, Indiana, is an Indiana bank holding company with Monroe Bank as its wholly owned subsidiary. Monroe Bank was established in Bloomington in 1892, and offers a full range of financial, trust and investment services through its locations in central and south central Indiana. The company’s common stock is traded on the NASDAQ® Global Stock Market under the symbol MROE.

The Monroe Bancorp logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4316

Additional Information for Shareholders

In connection with the proposed merger, Old National Bancorp will file with the Securities and Exchange Commission a Registration Statement on Form S-4 that will include a Proxy Statement of Monroe Bancorp and a Prospectus of Old National, as well as other relevant documents concerning the proposed transaction. Shareholders are urged to read the Registration Statement and the Proxy Statement/Prospectus regarding the merger when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. A free copy of the Proxy Statement/Prospectus, as well as other filings containing information about Old National and Monroe, may be obtained at the SEC’s Internet site (http://www.sec.gov). You will also be able to obtain these documents, free of charge, from Old National at www.oldnational.com under the tab “Investor Relations” and then under the heading “Financial Information” or from Monroe by accessing Monroe’s website at www.monroebank.com under the tab “Shareholder Relations” and then under the heading “Financial Reports.”

Old National and Monroe and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Monroe in connection with the proposed merger. Information about the directors and executive officers of Old National is set forth in the proxy statement for Old National’s 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on March 19, 2010. Information about the directors and executive officers of Monroe is set forth in the proxy statement for Monroe’s 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on March 29, 2010. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the Proxy Statement/Prospectus regarding the proposed merger when it becomes available. Free copies of this document may be obtained as described in the preceding paragraph.

Conference Call

Old National will hold a conference call at 2:00 p.m. Eastern on Wednesday, October 6, 2010, to discuss the pending acquisition of Monroe Bancorp. The live audio web cast of the call, along with the corresponding presentation slides, will be available on the Company’s Investor Relations web page at www.oldnational.com and will be archived there for 12 months. A replay of the call will also be available from 11:00 a.m. Eastern on October 7 through October 20. To access the replay, dial 1-800-642-1687, conference code 15779212.

Forward-Looking Statement

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, descriptions of Old National’s and Monroe’s financial condition, results of operations, asset and credit quality trends and profitability and statements about the expected timing, completion, financial benefits and other effects of the proposed merger. Forward-looking statements can be identified by the use of the words “anticipate,” “believe,” “expect,” “intend,” “could” and “should,” and other words of similar meaning. These forward-looking statements express management’s current expectations or forecasts of future events and, by their nature, are subject to risks and uncertainties and there are a number of factors that could cause actual results to differ materially from those in such statements. Factors that might cause such a difference include, but are not limited to; expected cost savings, synergies and other financial benefits from the proposed merger might not be realized within the expected time frames and costs or difficulties relating to integration matters might be greater than expected; the requisite shareholder and regulatory approvals for the proposed merger might not be obtained; market, economic, operational, liquidity, credit and interest rate risks associated with Old National’s and Monroe’s businesses, competition, government legislation and policies, ability of Old National and Monroe to execute its business plan, including acquisition plans, changes in the economy which could materially impact credit quality trends and the ability to generate loans and gather deposits, failure or circumvention of either Old National’s or Monroe’s internal controls, failure or disruption of our information systems, significant changes in accounting, tax or regulatory practices or requirements, new legal obligations or liabilities or unfavorable resolutions of litigations, other matters discussed in this press release and other factors identified in each Company’s Annual Report on Form 10-K and other periodic filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date of this press release, and neither Old National nor Monroe undertakes an obligation to release revisions to these forward-looking statements to reflect events or conditions after the date of this release.

CONTACT:  Old National Bancorp
          Financial Community:
          Lynell J. Walton
            (812) 464-1366
          Media Relations:
          Kathy A. Schoettlin
            (812) 465-7269
            (812) 319-2711

          Monroe Bancorp
          Mark Bradford, President & CEO
          (812) 331-3455

Indiana National Guard Base Awards Contract to Intellicheck Mobilisa (IDN)

Oct. 4, 2010 (Business Wire) — Intellicheck Mobilisa, Inc. (NYSE Amex: IDN), a global leader in access control and wireless security systems, received a contract from the US Army National Guard at Camp Atterbury to provide them with the Fugitive Finder access control equipment. The value of the contract is approximately $250,000 for equipment, software, installation, training and warranties. This is the first full deployment of the company’s latest addition to the Defense ID system, Fugitive Finder.

Utilizing Intellicheck Mobilisa’s patented ID reading technology, Defense ID quickly scans various forms of IDs, such as Drivers Licenses, Military ID’s or Passports, and instantly compares the data to over 100 “bad guy” lists.

Camp Atterbury is located near Edinburgh, Indiana, and is the training home for the Indiana National Guard. The Camp Atterbury Joint Maneuver Training Center serves thousands of reserve and regular forces who receive training prior to deployment to Iraq and Afghanistan. Camp Atterbury is one of only two National Guard bases serving this vital training mission.

“Camp Atterbury has the distinction of being one of only two National Guard bases charged with training our troops prior to deployment overseas,” said Dr. Nelson Ludlow, CEO of Intellicheck Mobilisa. “They are clearly an important asset to our nation’s military forces, providing key training to our troops. They recognized the importance of using our Defense ID system to help secure their facility, and we are pleased to be working with them.”

About Intellicheck Mobilisa

Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial sectors. Products include the Defense ID system, an advanced ID card access control product currently protecting over 80 military and federal locations, and ID-Check, patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from U.S. and Canadian jurisdictions for the financial, hospitality and retail sectors.

Safe Harbor Statement

Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. When used in this press release, words such as “will,” “believe,” “expect,” “anticipate,” “encouraged” and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company’s management identify forward-looking statements. Actual results may differ materially from the information presented here. Additional information concerning forward looking statements is contained under the heading of risk factors listed from time to time in the company’s filings with the SEC. We do not assume any obligation to update the forward-looking information.

Intellicheck Mobilisa

Kenna Pope, 360-344-3233

Dreams, Inc. (DRJ) Announces New Alliance with Sears

Oct. 4, 2010 (Business Wire) — Dreams, Inc. (NYSE Amex: DRJ) the vertically integrated leader in the licensed sports products industry, announced another major agreement today, this time with Sears, one of the nation’s largest and oldest retailers. This new initiative approves Dreams as a key vendor for the Sears marketplace, an innovative on-line community, and by doing so, allows Dreams to offer a wide array of licensed team merchandise including hard goods and soft goods to Sears’ customers. The deal becomes effective fourth quarter of 2010.

DREAMS, INC. trades under the ticker symbol: NYSE Amex: DRJ

www.dreamscorp.com

Statements contained in this press release, which are not historical facts, are forward looking statements. The forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements are indicated by words or phrases such as “anticipates,” “projects,” “management believes,” “Dreams believes,” “intends,” “expects,” and similar words or phrases. Such factors include, among others, the following: competition; seasonality; success of operating initiatives; new product development and introduction schedules; acceptance of new product offerings; franchise sales; advertising and promotional efforts; adverse publicity; expansion of the franchise chain; availability, locations and terms of sites for franchise development; changes in business strategy or development plans; availability and terms of capital including the continuing availability of our credit facility with Regions Bank or a similar facility with another financial institution; labor and employee benefit costs; changes in government regulations; and other factors particular to the Company.

Dreams, Inc.

Investor Relations:

David M. Greene, Senior Vice-President, 954-377-0002

Fax: 954-475-8785

dgreene@dreamscorp.com

or

Public Relations:

Boardroom Communications

Jennifer Clarin and/or Caren Berg, 954-370-8999

Fax: 954-370-8892

cberg@boardroompr.com

Microsemi Corp. (MSCC) to Acquire Actel Corp. (ACTL)

IRVINE, Calif. and MOUNTAIN VIEW, Calif., Oct. 4, 2010 (GLOBE NEWSWIRE) — Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog mixed-signal integrated circuits, high reliability semiconductors and RF subsystems, announced today that it has entered into a definitive agreement to acquire Actel Corporation (Nasdaq:ACTL) for $20.88 per share through a cash tender offer. The total transaction value is approximately $430 million, net of Actel’s projected cash balance at closing.

Headquartered in Mountain View, California, Actel is a leading supplier of low-power, mixed-signal, and radiation-tolerant field programmable gate arrays (“FPGAs”) serving the Mil/Aero, Industrial, Communication, and Consumer markets. The company is the leader in the Satellite and Space markets as a result of its deep knowledge of radiation tolerance, space-level qualifications, and its long history of service excellence.

“We believe the addition of Actel will deliver compelling synergies to Microsemi,” stated James J. Peterson, Microsemi President and Chief Executive Officer. “Actel will bring the most widely-used mixed-signal, radiation tolerant FPGA products in the Aerospace & Defense markets today, and the company’s products will allow Microsemi to extend its growing system-level capabilities. As Microsemi continues to move up the value chain in offering its customers system solutions that are better, faster, and more-cost effective than they can build themselves, Actel’s highly-integrated solutions will be an integral component in enabling this growth.”

“The proposed acquisition of Actel by Microsemi will create a powerful combination,” said John C. East, Actel President and Chief Executive Officer.  “I can think of no company more complementary and better equipped to take Actel’s solutions to new heights.”

Microsemi expects significant synergies from this immediately accretive transaction.  Based on current assumptions, Microsemi expects the acquisition to be $0.22 to $0.28 accretive in its first full calendar year ending December 2011.

For the September quarter, net sales for Microsemi are expected to range from $146 to $150 million. As of this date, Microsemi remains comfortable with its previously announced non-GAAP diluted earnings per share guidance for its fourth Fiscal quarter 2010 of $0.33 to $0.35.

Tender Offer and Closing

Under the terms of the definitive acquisition agreement, Microsemi will commence a cash tender offer to acquire Actel’s outstanding shares of common stock at $20.88 per share, net to each holder in cash. Upon satisfaction of the conditions to the tender offer and after such time as all shares tendered in the tender offer are accepted for payment, the agreement provides for the parties to effect, subject to customary closing conditions, a merger to be completed following completion of the tender offer which would result in all shares not tendered in the tender offer being converted into the right to receive $20.88 per share in cash. The transaction is subject to customary closing conditions, including the tender of a majority of the outstanding shares of Actel’s common stock and regulatory approvals, and is expected to close in Microsemi’s fiscal first quarter, ending January 2, 2011. No approval of the shareholders of Microsemi is required in connection with the proposed transaction. Terms of the agreement were unanimously approved by the boards of directors of both Microsemi and Actel.

The transaction is not subject to a financing condition as Microsemi has received a financing commitment from Morgan Stanley Senior Funding, Inc. in connection with the acquisition. The financing commitment includes a $375 million seven year senior term loan facility as well as a $50 million revolving credit facility to replace the Company’s existing revolver. Stifel Nicolaus Weisel is acting as financial advisor to Microsemi in the acquisition and its legal advisor is O’Melveny & Myers LLP. Goldman, Sachs & Co. is acting as financial advisor to Actel and its legal advisor is Wilson Sonsini Goodrich & Rosati, PC. Additional financial advisory services were provided to Microsemi by Oppenheimer & Co. Inc.

Conference Call

James J. Peterson, Microsemi’s President and Chief Executive Officer, John W. Hohener, Executive Vice President and Chief Financial Officer, and Executive Vice President and Chief Strategy Officer Steven G. Litchfield will host a brief conference call at 8:15 am Eastern Time on Monday, October 4, 2010 to discuss the proposed acquisition.

To access the webcast, please log on to: www.microsemi.com and go to Investors and then to Events and Presentations. To listen to the live webcast, please go to this website approximately fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live webcast, a replay will be available shortly after the call on the website for 90 days.

To participate in the conference call by telephone, please call: (877) 264-1110 or (706) 634-1357 at approximately 8:05 am EDT (5:05 am PDT). Please provide the following ID Number: 15871152.

A telephonic replay will be available from 10:00 am EDT (7:00 am PDT) on Monday, October 4, 2010 through 9:59 am EDT (6:59 am PDT) on Monday, October 11^th. To access the replay, please call (800) 642-1687, or (706) 645-9291. Please enter the following ID Number: 15871152.

About Microsemi Corporation

Microsemi Corporation, with corporate headquarters in Irvine, California, is a leading designer, manufacturer and marketer of high performance analog and mixed-signal integrated circuits, high reliability semiconductors and RF subsystems. The company’s semiconductors manage and control or regulate power, protect against transient voltage spikes and transmit, receive and amplify signals.

Microsemi’s products include individual components as well as integrated circuit solutions that enhance customer designs by improving performance and reliability, battery optimization, reducing size or protecting circuits. The principal markets the company serves include implanted medical, defense/aerospace and satellite, notebook computers, monitors and LCD TVs, automotive and mobile connectivity applications. More information may be obtained by contacting the company directly or by visiting its website at http://www.microsemi.com.

The Microsemi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1233

About Actel

Actel is the leader in low power, mixed signal and system critical FPGAs, offering the most comprehensive portfolio of system and power management solutions. Power Matters. Learn more at www.actel.com.

This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.  The reader is cautioned not to put undue reliance on these forward-looking statements, which are not a guarantee of future performance and are subject to a number of uncertainties and other factors, many of which are outside the control of Microsemi and Actel.  The forward-looking statements in this release address a variety of subjects including, for example, the expected date of closing of the acquisition, the potential benefits of the merger, including the potentially accretive and synergistic benefits, Microsemi’s revenue and earnings guidance, and any other statements of belief or about the Microsemi’s plans, beliefs or expectations.  The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the risk that Actel’s business will not be successfully integrated with Microsemi’s business or to complement its products, including product mix and acceptance, gross margins and operational and other cost synergies, costs associated with the merger, tender offer and financing; the unsuccessful completion of the tender offer; matters arising in connection with the parties’ efforts to comply with and satisfy applicable regulatory approvals and closing conditions relating to the transaction; increased competition and technological changes in the industries in which Microsemi and Actel compete; Microsemi’s failure to continue to move up the value chain in its customer offerings; continued negative or worsening worldwide economic conditions or market instability; downturns in the highly cyclical semiconductor industry; intense competition in the semiconductor industry and resultant downward price pressure; inability to develop new technologies and products to satisfy changes in customer demand or the development by Microsemi’s competitors of products that decrease the demand for Microsemi’s products; unfavorable conditions in end markets; inability of Microsemi’s compound semiconductor products to compete successfully with silicon-based products; production delays related to new compound semiconductors; variability of Microsemi’s manufacturing yields; the concentration of the factories that service the semiconductor industry; delays in beginning production, implementing production techniques, resolving problems associated with technical equipment malfunctions, or issues related to government or customer qualification of facilities; potential effects of system outages; inability by Microsemi to fulfill customer demand and resulting loss of customers; variations in customer order preferences; difficulties foreseeing future demand; rises in inventory levels and inventory obsolescence; potential non-realization of expected orders or non-realization of backlog; failure to make sales indicated by the Microsemi’s book-to-bill ratio; Microsemi’s reliance on government contracts for a portion of its sales; risks related to the Microsemi’s international operations and sales, including availability of transportation services, political instability and currency fluctuations; increases in the costs of credit and the availability of credit or additional capital only under more restrictive conditions or not at all; unanticipated changes in Microsemi’s tax provisions or exposure to additional income tax liabilities; changes in generally accepted accounting principles; principal, liquidity and counterparty risks related to Microsemi’s holdings in securities, environmental or other regulatory matters or litigation, or any matters involving contingent liabilities or other claims; the uncertainty of litigation, the costs and expenses of litigation, the potential material adverse effect litigation could have on Microsemi’s business and results of operations if an adverse determination in litigation is made, and the time and attention required of management to attend to litigation; difficulties in determining the scope of, and procuring and maintaining, adequate insurance coverage; difficulties and costs of protecting patents and other proprietary rights; the hiring and retention of qualified personnel in a competitive labor market; acquiring, managing and integrating new operations, businesses or assets, and the associated diversion of management attention; uncertainty as to the future profitability of acquired businesses, and delays in the realization of, or the failure to realize, any accretion from acquisition transactions; any circumstances that adversely impact the end markets of acquired businesses; and difficulties in closing or disposing of operations or assets or transferring work from one plant to another. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in Microsemi’s most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi’s future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

Guidance is provided only on a non-GAAP basis due to the inherent difficulty of forecasting the timing or amount of certain items that have been excluded from the forward-looking non-GAAP measures, and a reconciliation to the comparable GAAP guidance has not been provided because certain factors that are materially significant to Microsemi’s ability to estimate the excluded items are not accessible or estimable on a forward-looking basis.

Notice to Investors

The tender offer for the outstanding shares of common stock of Actel has not yet commenced.  This press release is for informational purposes only and no statement in this press release is an offer to purchase or a solicitation of an offer to sell securities.  At the time the tender offer is commenced, Microsemi Corporation and a wholly-owned subsidiary of Microsemi Corporation will file a tender offer statement on Schedule TO with the Securities and Exchange Commission, and Actel will file a solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer.  The tender offer statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully before any decision is made with respect to the tender offer.  Such materials will be made available to Actel’s shareholders at no expense to them.  In addition, such materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC’s Web site: www.sec.gov.

CONTACT:  Microsemi Corporation
          Financial Contact:
          John W. Hohener, Executive Vice President and CFO
          Investors:
          Robert C. Adams, Vice President of Corporate Development
          (949) 221-7100

ADA-ES (ADES) Signs $19 Million Contract with DOE to Scale up Clean Coal Technology

Oct. 4, 2010 (Business Wire) — ADA-ES, Inc. (NASDAQ: ADES) (“ADA”) today announced that it has signed a new contract with the Department of Energy (DOE) to continue development of clean coal technology to capture carbon dioxide from coal-fired power plants and industrial sources. ADA will be the prime contractor for the $19 million project that will be administered by DOE’s National Energy Technology Laboratory (NETL) which is providing $15 million of the funding. ADA expects $4 million in co-funding and support to be provided by several major utility companies including Southern Company (NYSE: SO), Luminant and the Electric Power Research Institute (EPRI).

The project provides funding to advance ADA’s commercialization plan for regenerable solid-sorbent technology, which is designed to capture carbon dioxide generated by coal-fired power plants. In 2010, ADA began the first field tests of this technology on a $3.2 million program co-funded by DOE, as well as several major forward-thinking utility companies, and the initial results confirmed the promising performance ADA had demonstrated in the laboratory. Once captured, the carbon dioxide could be either stored underground (sequestration) or beneficially used in processes such as enhanced oil recovery. This technology appears to offer potential cost and energy advantages over competing liquid-solvent-based technologies.

Work will begin immediately on this contract which is expected to run for 51 months to scale-up the technology to the 1 megawatt level, a key step in the technology development process. This contract will not only fund R&D on this technology, but it will also provide significant contributions to ADA’s revenues and margins over the next four plus years.

Dr. Michael Durham, President and CEO of ADA, commented, “ADA has an established track record of engaging in collaborative partnerships with DOE-NETL and our power generating customers to develop and commercialize innovative solutions to reduce emissions from coal, a low-cost, abundant and secure fuel.”

About ADA-ES

ADA-ES is a leader in clean coal technology and the associated specialty chemicals, serving the U.S. and Canadian coal-fueled power plant industry. Our proprietary environmental technologies and specialty chemicals enable power plants to enhance existing air pollution control equipment, minimize mercury, CO2 and other emissions, maximize capacity, and improve operating efficiencies, to meet the challenges of existing and pending emission control regulations.

With respect to mercury emissions:

• We supply activated carbon (“AC”) injection systems, mercury measurement instrumentation, and related services.
• We are also a joint venture participant in ADA Carbon Solutions (“ADA-CS”), which has commenced operations on its state-of-the-art AC production facility.
• Under an exclusive development and licensing agreement with Arch Coal, we are developing and commercializing an enhanced Powder River Basin (“PRB”) coal with reduced emissions of mercury and other metals.
• Through our consolidated subsidiary, Clean Coal Solutions, LLC (“CCS”), we provide our patented refined coal technology, CyClean, to enhance combustion of and reduce emissions from burning PRB coals in cyclone boilers.

In addition, we are developing CO₂ emissions technologies under projects funded by the U.S. Department of Energy (“DOE”) and industry participants.

You are cautioned not to place undue reliance on our forward-looking statements. Our forward-looking statements are presented as of the date made, and we disclaim any duty to update such statements unless required by law to do so.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a “safe harbor” for such statements in certain circumstances. The forward-looking statements are statements regarding our expectations concerning funding for and participation in the project, expected results and timeframe of the project and impact of the project on ADA’s revenues and margins. These statements are based on current expectations, estimates, projections, beliefs and assumptions of our management. Such statements involve significant risks and uncertainties. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors, including but not limited to, lack of government funding or co-funding by industry partners; termination or cancellation of the project by DOE; failure of the project to meet its objectives; failure of the DOE to approve subcontracts; changes in laws and regulations, prices and economic conditions; technical, start-up and operational difficulties; availability of raw materials and equipment; loss of key personnel; and other factors discussed in greater detail in our filings with the Securities and Exchange Commission (SEC). You are cautioned not to place undue reliance on our forward-looking statements and to consult filings we make with the SEC for additional risks and uncertainties that may apply to our business and the ownership of our securities. Our forward-looking statements are presented as of the date made, and we disclaim any duty to update such statements unless required by law to do so.

ADA-ES, Inc.

Mark H. McKinnies, CFO, 303-734-1727

www.adaes.com

or

Investor Relations Counsel

The Equity Group Inc.

www.theequitygroup.com

Melissa Dixon, 212-836-9613

MDixon@equityny.com

Linda Latman, 212-836-9609

LLatman@equityny.com

BIOLASE (BLTI) Announces Appointment of Dmitri Boutoussov to Chief Technology Officer

IRVINE, CA — (Marketwire) — 10/04/10 — BIOLASE Technology, Inc. (NASDAQ: BLTI), the world’s leading dental laser company, announced today that Vice President of Engineering Dmitri Boutoussov, Ph.D., has been promoted to Chief Technology Officer, effective immediately. In the newly created position, Boutoussov will report directly to Federico Pignatelli, Chairman and CEO.

Boutoussov, 47, has more than 18 years in developing laser technologies for dentistry and medical applications in the U.S. and Europe. He has authored and co-authored more than 20 U.S. and international patents and patent applications, and more than 25 publications in peer reviewed magazines and conferences. He also has lectured in the U.S. and internationally on Laser Physics and Laser Medical Applications.

He joined BIOLASE in 2000 as Director of Engineering and was appointed Vice President of Engineering in 2004. In this position, Boutoussov was responsible for the development of all current and new BIOLASE products, was a key participant in expanding the Company’s intellectual property portfolio, directed the education and training of sales and service personnel and established strategic partnerships with international suppliers.

Pignatelli said, “Dmitri has been integral to the development of our product offerings and will continue to play a key role in the future success of constant innovation at BIOLASE. Dmitri has played a critical role in our product and technology success, serving for over 10 years at the Company with great dedication and high competence. His knowledge and expertise in laser technology is profound and his contributions will be important to not only the introduction of new products, but also to the development of our technology roadmap and the direction the Company will take in medical applications other than dentistry.”

Prior to his tenure at BIOLASE, Boutoussov among others was also a technical manager with Laser Medical Systems, GmbH, in Vienna, Austria, and a research engineer with Ioffe Institute, Academy of Sciences, in St. Petersburg, one of the most recognized science schools worldwide.

Boutoussov holds both a Ph.D. and a Master of Science degree in Physics from the Polytechnic University in St. Petersburg.

About BIOLASE Technology, Inc.
BIOLASE Technology, Inc., the world’s leading dental laser company, is a medical technology company that develops, manufactures and markets lasers and related products focused on technologies that advance the practice of dentistry and medicine. The Company’s products incorporate patented and patent pending technologies designed to provide clinically superior performance with less pain and faster recovery times. BIOLASE’s principal products are dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications. Other products under development address ophthalmology and other medical and consumer markets.

For updates and information on laser and Waterlase dentistry, find BIOLASE at http://www.biolase.com, Twitter at http://twitter.com/GoWaterlase, and YouTube at http://www.youtube.com/user/Rossca08.

This press release may contain forward-looking statements within the meaning of safe harbor provided by the Securities Reform Act of 1995 that are based on the current expectations and estimates by our management. These forward-looking statements can be identified through the use of words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” and variations of these words or similar expressions. Forward-looking statements are based on management’s current, preliminary expectations and are subject to risks, uncertainties and other factors which may cause the Company’s actual results to differ materially from the statements contained herein, and are described in the Company’s reports it files with the Securities and Exchange Commission, including its annual and quarterly reports. No undue reliance should be placed on forward-looking statements. Such information is subject to change, and we undertake no obligation to update such statements.

For further information, please contact:
Jill Bertotti (investors)
Len Hall (media)
Allen & Caron
+1-949-474-4300

Richardson Electronics (RELL) Agrees to Sell Its RF, Wireless and Power Division

Oct. 1, 2010 (Business Wire) — Richardson Electronics, Ltd. (NASDAQ: RELL) today announced the signing of a definitive agreement to sell its RF, Wireless and Power Division (RFPD) and certain other assets to Arrow Electronics, Inc. (NYSE: ARW) for $210 million in cash.

RFPD is a leading global provider of engineered solutions and a global distributor of electronic components to the RF and wireless communications market and the industrial power conversion market. RFPD designs, manufactures and distributes discrete devices, components, and assemblies used in RF and wireless infrastructure communications networks, digital broadcasting, defense applications and power conversion. RFPD generated revenue of $356 million during fiscal year 2010.

Arrow intends to operate RFPD, which will be called “Richardson RFPD,” as a separate business unit of Arrow Electronics. Richardson RFPD headquarters will remain in LaFox, Illinois.

“The decision to divest the RFPD division was not an easy one; however, this transaction provides an excellent return on our investment,” said Edward J. Richardson, chairman and CEO of Richardson Electronics, Ltd.

The transaction is subject to the approval of shareholders of Richardson Electronics as well as customary closing conditions and regulatory approvals. The companies expect the transaction to close in early 2011.

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a global provider of engineered solutions and a global distributor of electronic components to the radio frequency (“RF”), wireless and power conversion, electron device, and display systems markets. Utilizing its core engineering and manufacturing capabilities, the Company’s strategy is to provide specialized technical expertise and value-add, or “engineered solutions.” The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, and logistics for end products of its customers. More information is available online at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Market under the ticker symbol RELL.

FORWARD-LOOKING STATEMENTS

This release includes certain “forward-looking” statements as defined by the Securities and Exchange Commission. Statements in this press release regarding the Company’s business which are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s 2010 Annual Report on Form 10-K. The Company assumes no responsibility to update the forward-looking statements in this release as a result of new information, future events, or otherwise.

Richardson Electronics, Ltd.

Edward J. Richardson

Chairman and CEO

Phone: (630) 208-2340

E-mail: info@rell.com

or

Kathleen S. Dvorak

EVP & CFO

(630) 208-2208

Chelsea Therapeutics (CHTP) Prices Public Offering of Common Stock

CHARLOTTE, N.C., Oct. 1, 2010 (GLOBE NEWSWIRE) — Chelsea Therapeutics International, Ltd. (Nasdaq:CHTP) announced today that it has priced a public offering of approximately 7.14 million shares of its common stock at a price of $4.90 per share which will result in gross proceeds of $35 million. Net proceeds to the company, after underwriting discounts and commissions and expenses, will be approximately $32.8 million. Chelsea has granted the underwriters a 30-day option to purchase up to approximately 1.07 million additional shares to cover over-allotments, if any. The offering is expected to close on or about October 6, 2010, subject to satisfaction of customary closing conditions.

Chelsea intends to use the net proceeds from the offering to fund its droxidopa programs, including commercialization and marketing activity for Northera™ (droxidopa), to fund its study of CH-4501 for the treatment of rheumatoid arthritis, to fund development of its other product candidates and for general corporate purposes.

Deutsche Bank Securities Inc. was the sole book-running manager for the offering with Needham & Company, LLC acting as a co-manager. Roth Capital Partners, LLC served as a financial advisor for the offering. Chelsea has filed a shelf registration statement on Form S-3, as well as a prospectus supplement and accompanying prospectus, with the Securities and Exchange Commission (SEC). The prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, by sending a request to Deutsche Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311, Telephone number: +1-800-503-4611, Email: prospectusrequest@list.db.com.

About Chelsea Therapeutics

Chelsea Therapeutics is a biopharmaceutical development company that acquires and develops innovative products for the treatment of a variety of human diseases, including droxidopa, an orally active synthetic precursor of norepinephrine initially being developed for the treatment of neurogenic orthostatic hypotension, and CH-4051, a metabolically inert oral antifolate engineered to have potent anti-inflammatory and anti-tumor activity to treat a range of immunological disorders.

This press release contains forward-looking statements regarding future events. These statements are just predictions and are subject to risks and uncertainties that could cause the actual events or results to differ materially. These risks and uncertainties include risks relating to the completion of the registered public offering, including the satisfaction of customary closing conditions, the use of anticipated proceeds, our need to raise additional operating capital in the future, our history of losses, risks and costs of drug development, risk of regulatory approvals, our reliance on our lead drug candidates droxidopa and CH-4051, reliance on collaborations and licenses, intellectual property risks, competition, market acceptance for our products if any are approved for marketing, reliance on key personnel including specifically Dr. Pedder and other risks set forth in our public filings made with the Securities and Exchange Commission, including, without limitation, our Annual Report on Form 10-K.

CONTACT:  Chelsea Therapeutics
          Nick Riehle, Chief Financial Officer 	
            704-973-4201
          Investor/Media Relations
          Kathryn McNeil
            704-973-4231