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Symantec Survey Identifies Canada's Safest "Cyber City"

Comprehensive study reveals that while Calgarians are conscientious, Vancouverites lack best practices for online security

TORONTO - Staying connected, protected and secure may be top of mind for the majority of Canadians, but when it comes to maintaining safety on home PCs, Calgarians stampede slightly ahead of the rest. This finding comes from a recent Symantec Corp. survey that also revealed 89 per cent of Canadians polled are concerned about online security threats, while a staggering 40 per cent of those claiming to have up-to-date security software continue to put themselves at risk by not regularly purchasing the latest versions for their home computers.

The survey examined the state of home PC security among seven major Canadian cities: Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, and Halifax. The in-depth study, conducted by Harris/Decima, was developed to gain insight into Canadians' overall knowledge of Internet security threats and their attitudes toward security software.

In a very close race (all cities were above 80 per cent), Calgary led the pack with 9 in 10 respondents (90 per cent) claiming that they have up-to-date security software installed on their PCs, while Vancouver came in last at 85 per cent. Symantec plans to present the Mayor of Calgary with an award acknowledging the city's designation as "Canada's Safest Cyber City". Moreover, the company has announced plans to implement a targeted awareness campaign in Vancouver in early 2008 to ensure Vancouverites are better protected.

The vast majority of respondents in all cities claimed to have up-to-date security software installed on their PCs. However, when further questioned, it was also revealed that an alarming four out of 10 Canadians who claim to have up-to-date security software are not taking the necessary precautions by acquiring the latest versions once a year, as is recommended by industry software security providers. In fact, of the respondents who reported that they bought a computer more than five years ago, 29 per cent stated they have not bought newer versions of security software since purchasing their PC.

"On the whole, the results of the survey are encouraging. It's great news that the vast number of those surveyed are concerned about online threats and are taking necessary precautions," said Lynn Hargrove, director, consumer solutions, Symantec (Canada) Corp. "However, as the Internet threat landscape continues to grow in scale and sophistication, consumers have no choice but to be diligent and maintain a proper level of security on their home PCs. Online fraud and identity theft cannot be left to chance. By regularly downloading the latest free updates provided by your vendor and purchasing the latest software versions at least once a year, Canadians can put the appropriate safeguards in place to protect themselves and their families from potential vulnerabilities."

Of the respondents claiming to have up-to-date software, residents in both Calgary and Toronto topped the list with 63 per cent having purchased new versions of security software in the past year. Montrealers, on the other hand, are not as conscientious, with only 54 per cent having bought updated versions in the past 12 months.

Victim Snapshot

According to the survey, almost a quarter (23 per cent) of city dwellers have fallen victim (or know someone who has fallen victim) to online fraud or identity theft. At 32 per cent, Vancouver ranks the highest in this category. Interestingly, the city also has the least number of residents who have up-to-date security software. Additionally, the survey revealed that respondents between 18 and 49 are more likely to have experienced online fraud or identity theft compared to respondents 50 plus (27 per cent vs. 20 per cent).

The ABCs of Internet Security Threats

After probing Canadians' familiarity with online security threats, the survey revealed that spam (99 per cent) is the most recognizable threat, followed closely by worms (94 per cent), Trojans (86 per cent) and phishing (78 per cent). However, botnets, which are a growing threat around the world, are less well-known, with only about a quarter (24 per cent) having heard of the new menace. A type of malicious software, bots allow an attacker to take control of multiple computers to spread viruses, generate spam and commit other types of online crime and fraud.

According to Hargrove, Canadian households need to regularly install and update their home PC security software with complete all-in-one solutions such as Symantec's Norton 360 and Norton Internet Security 2008 - which now include free downloadable product updates for one year in order to ensure up-to-date protection. With key technologies such as antispyware, antivirus, antispam, advanced phishing protection, transaction security and intrusion prevention, the Norton suite of products remove viruses and Internet worms automatically, protect against hackers and block identity theft from phishing Web sites.

<< Regional and Gender Survey Highlights:

- Montrealers (85 per cent) are the least concerned about home PC safety, while Torontonians (94 per cent) are the most concerned

- The city least familiar with botnets was Montreal (20 per cent), followed closely by Winnipeg (21 per cent) and Calgary (23 per cent). Residents of Ottawa (29 per cent), Vancouver (28 per cent), Toronto and Halifax (both 25 per cent) are most familiar with this online threat

- There are few differences between men and women in terms of who has been targeted for online fraud or identity theft. However, more women than men (25 per cent vs. 20 per cent) are unsure or unconvinced that they have fallen victim or know someone who has fallen victim to fraud or identity theft

- When it comes to having up-to-date security software, Montreal men are more diligent than their female counterparts (91 per cent vs. 81 per cent)

- Of the cities surveyed, men in Halifax outpace all other male respondents in purchasing the latest security software once a year (66 per cent) >>

Quark Launches QuarkCopyDesk 7 for Text and Picture Editing

Latest Release of QuarkCopyDesk Streamlines Content Editing and Works in Conjunction with QuarkXPress 7, Quark Publishing System 7 and Third Party Workflow Systems

DENVER - Quark Inc. today announced the launch of QuarkCopyDesk(R) 7, Quark's text and picture editing software designed for writers, editors and others who contribute to publishing workflows. QuarkCopyDesk 7 improves communication throughout the editorial workflow by providing a simple and intuitive work environment and seamless interaction with QuarkXPress(R) 7.

Built completely on the award-winning QuarkXPress 7 code base, QuarkCopyDesk 7 enables writers and editors see the same graphic-rich pages that designers see. All attributes, such as colors, article geometry, style sheets, and hyphenation and justification rules, are maintained so that formatted files move easily and accurately between the two applications. QuarkCopyDesk 7 can also exchange text with Microsoft(R) Word, WordPerfect(R), XPress Tags, HTML and other word processing formats.

Among the new features incorporated in QuarkCopyDesk 7 are:

-- Professional Image Manipulation and Picture Effects: Any image format supported by QuarkXPress, including native Photoshop(R) files, can be imported to QuarkCopyDesk 7. Pictures can be scaled, cropped, rotated, and flipped. Adjustments to brightness and contrast, as well as blur, mask, and despeckle filters can also be applied - all through easy-to-understand controls in the context-sensitive Measurements.

-- Split Views: Allows users to split article views horizontally and vertically to display the content in Galley, Full-screen and WYSIWYG views simultaneously. Content edited in one view updates the other views automatically.

-- Streamlined Output Process: Output Profiles and Output Profile Groups allow users to incorporate metadata into the output data stream using an internal placeholder framework. Output profiles for Print, PDF, and Article XML can be combined into output profile groups -- allowing output to different mediums with one mouse click.

In addition to new functionality, QuarkCopyDesk 7 features XTensions(R) for Notes, which enables users to place comments directly in the text that will travel with the article, and Redlining, which lets multiple users review an article while tracking and highlighting editorial changes. With its proven and easy-to-use authoring environment, writers, editors, and reviewers using QuarkCopyDesk 7 know the precise article geometry, so their revised copy always fits perfectly.

"QuarkCopyDesk 7 enables a more communicative and streamlined editorial workflow with features that allow those involved in the process to work simultaneously, track edits and collaborate with QuarkXPress 7," said Rainer Heckmann, director of product marketing for Quark. "We have designed it to be the tool of choice for all editors and writers who manage both text and picture content in their articles."

In addition, QuarkCopyDesk 7 works in conjunction with Quark Publishing System(R) 7 (QPS(R) 7), Quark's workflow management system launched in October 2007. Designed with a new open, standards-based architecture, QPS 7 integrates seamlessly with existing business systems and complimentary publishing solutions to simplify the editorial, creative and production processes for publishers and corporations with demanding workflows.

Xerox Canada announces new president and CEO

TORONTO - Xerox Canada Inc. announced the appointment of Kevin M. Warren to president, CEO and chairman of Xerox Canada, effective January 1, 2008. Warren replaces Doug Lord, who will assume the role of president, U.S. Solutions Group, at that time.

A 23-year veteran of Xerox Corporation, Warren previously led the transition of Xerox Corporation's $1.5 billion acquisition of Global Imaging Systems, a U.S. office technology dealer that Xerox acquired in May. He has a strong background in direct sales and sales management, previously serving as senior vice president for Xerox Corporation's U.S. Eastern Sales Operations.

In his new role, Warren will be responsible for all aspects of Xerox Canada, including sales and support of Xerox's portfolio of document technology and services, human resources, marketing, and other operations within the country. Warren will report to James Firestone, president, Xerox North America.

"Xerox Canada has a history of outstanding leaders," says Firestone. "During his tenure, Doug Lord was instrumental in driving Xerox Canada's profitable growth, with annual revenue of close to $1.2 billion. Kevin's extensive sales leadership experience makes him the logical choice to continue to lead Xerox's customer-focused success in the Canadian marketplace."

Warren holds a Bachelor of Science degree in finance from Georgetown University and graduated from the Advanced Management Program at Harvard Business School. He is on the national board of Big Brothers Big Sisters of America and is also a member of the Executive Leadership Council.

New Search Engine Confirms that Milliseconds Matter

ShipGooder.com uses speed and simplicity to attract a loyal following.

TORONTO - In the highly competitive market for web search applications, faster and simpler is better. ShipGooder.com is confident that the company's new courier search technology will do nothing short of revolutionizing the way that packages are shipped.

ShipGooder.com is a search engine that allows visitors to quickly search FedEx, UPS, DHL, the U.S. Postal Service and local couriers for the best shipping rates. ShipGooder's service is provided free of charge, and does not require visitors to create an account or register any personal information. Additionally, the designers of ShipGooder chose not to clutter its pages with advertising, which can be distracting and confusing to visitors.

"We developed ShipGooder.com after we identified that the courier search market was limited with sites that were slow and difficult to use," said Franc Vodopivec, President of ShipGooder, Inc. "When you compare ShipGooder.com, which provides results in as little as 15 milliseconds, to other sites that can take up to a minute to respond, it's very apparent that milliseconds matter."

"Previous sites attempted to provide a similar search service," said Nancy Chafee, Vice President of ShipGooder, Inc. "Most of them require that visitors pay a fee or navigate through numerous pages and forms to get to an end result. All of them are far slower than ShipGooder.com, which is now firmly established as the fastest and easiest courier search site on the Internet."

A mere three months after launching ShipGooder.com, the company's Rapid Rate Search (RRS) technology has propelled ShipGooder to the forefront as the market leader in speed and ease of use. RRS combines an AJAX-based front-end with powerful search servers to provide visitors with search results that are virtually instantaneous.

The company's strategy has been highly successful, not only from the standpoint of attracting thousands of loyal visitors, but by also attracting local, regional and national couriers who are moving quickly to have their rates displayed on ShipGooder.com.

Virtek Vision Announces the Appointment of Stephen J. Sorocky as President and Chief Executive Officer

WATERLOO - Virtek Vision International Inc. announced that Stephen J. Sorocky has been appointed to the position of President and Chief Executive Officer effective January 7, 2008.

Mr. Sorocky is an experienced senior executive who comes to Virtek with a 25-year track record of growth and value creation in technology and manufacturing businesses. Since 2000 Mr. Sorocky has been the Chief Executive Officer of Dynacon Inc. Dynacon led the Canadian Space Agency's MOST Project, a partnership to create the world's smallest space telescope. While at Dynacon Mr. Sorocky also led the development of an innovative new laboratory automation product which now has an established and rapidly growing market as a best practice in clinical laboratories.

Before joining Dynacon Mr. Sorocky was a Vice President with EDS Canada where he had P&L responsibility for the Manufacturing Industry Division. In that role Mr. Sorocky led the development of several significant new IT outsourcing accounts.

Mr. Sorocky began his career at Spar Aerospace where he held a number of positions of increasing responsibility over sixteen years. In 1992 he was appointed to the position of Assistant Vice President to the President and Chief Executive Officer where he played an important role in managing Spar's relationship with the Canadian Space Agency. He was then promoted to Vice President and General Manager of Spar's Space Robotics Division where he managed the space shuttle Canadarm, Canadarm 2, SPDM and space station projects.

Mr. Sorocky holds a Bachelor's degree in Engineering Science from the University of Toronto and an MBA in International Business and Finance from McGill University. He is currently completing the Chartered Directors program at The Directors College, McMaster University. He is the former Chair of Vistar, a Spar-BCE joint venture in the area of satellite to ground communications. He is currently a member of the Board of Directors of Dynacon.

Bob Nally, Chairman of the Board of Directors, said, "Virtek's Board is very pleased to have someone of Steve's ability and experience to lead the company. Virtek has a clear agenda that includes aggressive growth in the Marking and Engraving business and significant improvements to profitability and return on assets. We are confident that Steve brings the business leadership, managerial talent and engineering acumen that Virtek needs to deliver against these goals."

Mr. Sorocky replaces Bob Sandness who is completing his term as Virtek's President and Chief Executive Officer at the end of the year. "The board extends its thanks to Bob for his commitment and contribution to Virtek over the past eight years," said Mr. Nally.

COM DEV Announces US$ 17 Million Commercial Order

CAMBRIDGE - COM DEV International Ltd. (TSX: CDV), a leading manufacturer of space hardware subsystems, today announced that it has been awarded a contract to provide advanced payload electronics for a major commercial satellite constellation. The full contract is valued in excess of US$24 million, of which approximately US$7 million was previously awarded in the form of an Authorization to Proceed and subsequent amendments. The incremental US$17 million award has been booked as a new order in COM DEV's 2007 fiscal fourth quarter. All work on the program will be completed at COM DEV's Cambridge, Ontario facility.

"This order is the result of several months of negotiations, and I am pleased to see our commercial space electronics and surface acoustic wave filter product lines benefit from such a contract win," said John Keating, CEO of COM DEV International Ltd.

Orange and RIM Introduce the BlackBerry Curve 8320 and BlackBerry 8120 Smartphones With Wi-Fi to the UK

London UK and Waterloo, ON - Orange UK and Research In Motion (RIM) announced the launch of two new Wi-Fi®-enabled BlackBerry® smartphones to customers in the UK – the BlackBerry® Curve™ 8320 and the BlackBerry® Pearl™ 8120.

The BlackBerry Curve 8320 with built-in Wi-Fi offers an exceptional design and rich combination of features. It is as perfect for staying close to friends and family as it is for a busy day at work. Available in a stylish liquid silver finish, the BlackBerry Curve 8320 is RIM’s smallest and lightest full-QWERTY keyboard smartphone and includes a two megapixel digital camera, music and video player, a standard 3.5mm stereo headset jack and a microSD/SDHC card slot for expandable memory storage.

In its small, stylish and elegant design, the BlackBerry Pearl 8120 with built-in Wi-Fi is ideal for people who want business-grade functionality in an ultra-sleek phone. In addition to renowned BlackBerry® smartphone functionality such as phone, email, messaging, organizer, web browsing and more, the BlackBerry Pearl 8120 features the Orange Signature Home Screen, providing users with a familiar “Orange user-experience.” It enables users to customise the Home Screen with shortcuts to frequently used business applications, as well as providing convenient and quick ways to trial games, ringtones and more from Orange Downloads. It also comes complete with a two megapixel digital camera, music and video player, a standard 3.5mm stereo headset jack and a microSD/SDHC card slot for expandable memory storage.

Nick Horton, Head of Devices, Orange Business Services, said: “Orange is committed to providing the best range of devices to ensure that all our customers’ wide-ranging needs are met, whether that be the ability to connect to Wi-Fi services on the move or to access their emails wherever they are. By launching the stylish BlackBerry Curve 8320 and the BlackBerry Pearl 8120, we are continuing our reputation of delivering the technology that our customers want in order to be successful.”

COM DEV Establishes Special Committee

CAMBRIDGE - COM DEV International Ltd.announced November 27, 2007 that it has established a special committee comprised of two independent directors to commence a review of historical stock option granting practices. The Special Committee is being assisted by independent legal counsel and independent accounting consultants. The Company along with counsel for the Special Committee and independent legal counsel have met with staff of the Ontario Securities Commission to advise them of the review process to be undertaken by the Special Committee. The Company is not aware of any investigation by the OSC at this time. The Special Committee will make recommendations to the Board of Directors of COM DEV with respect to reviewing and revising its stock option granting procedures and corporate governance policies as may be required following completion of the review.

Until the review has been completed, the Company cannot determine if there will be any material adjustment to its historical financial statements. Since November 1, 2003, the Company has recognized the cost for all stock options granted to employees and directors under its stock option plan as a compensation expense.

Sierra Systems to Acquire Calgary-based RIS

VANCOUVER - Sierra Systems Group Inc., a leading information technology and management consulting services company, announced today that it will acquire privately-held RIS, Inc. - a top provider of applications support and maintenance services (ASM).

RIS supports, maintains and enhances critical computer applications for some of North America's largest companies. Founded in 1979, the Calgary-based company's portfolio of ASM-specific services range from IT staffing to full application outsourcing.

RIS' expertise in the managed service provider market, particularly in the areas of ASM and staff augmentation, will enable Sierra Systems to provide private and public sector customers across North America with a full range of IT services - from management consulting and project implementation, to support and maintenance of those solutions over time. The acquisition will also provide Sierra Systems with an enhanced presence across Canada - especially in Calgary and Toronto but also in other areas where RIS has a presence including Regina and Edmonton, as well as Bucharest, Romania and the United States.

"RIS brings thought and market-leadership in the managed service provider space, as well as a strong service delivery track record in enterprise resource planning, business intelligence and data warehousing," explains Joe Campbell, Sierra Systems' President and CEO. "Together with Sierra Systems' expertise in delivering large projects, linking strategy with results and offering a flexible delivery model, we will be able to build upon our exceptional customer satisfaction levels and enhance our service offering to our clients."

"Today's announcement opens an exciting new chapter in a story that began more than a quarter-century ago," says RIS President, CEO and Founder Dr. Peter Thompson. "It's a natural extension of our vision for applications support and maintenance, and our strategy for leadership in niche IT services. For our clients and our team - many of whom have been with us from day one - it means even greater resources, services and opportunities."

Golden Gate Capital, the San Francisco-based private equity investment firm that took Sierra Systems private earlier this year, supported Sierra in the acquisition. According to Golden Gate Capital Managing Director David Dominik, "We look for information technology services companies with world-class cultures and sustained track records of delivering superior results for their clients. Sierra and RIS have both. The opportunities created by combining these two organizations with very complementary services offerings, vertical expertise, and geographical presence will position the combined company to achieve the next stage in its growth."

The acquisition is expected to close on November 30, 2007. Effective January 1, 2008, RIS' operations and its over 250 employees and 350 subcontractors will operate under the Sierra Systems' name.


MKS Announces Quarterly Profits on Record Revenues for Second Quarter Fiscal 2008

Waterloo, ON – MKS Inc. announced its financial results for the second quarter of fiscal 2008 ended October 31, 2007. All amounts are reported in US dollars under United States Generally Accepted Accounting Principles.

Financial & Operational Highlights: Q2 2008 (compared with Q2 2007)

Total revenue increased 18 percent to a record $13.6 million from $11.5 million.

Net income increased to $0.2 million or $0.00 per share from a net loss of ($0.7) million or ($0.01) per share.

Application lifecycle management (ALM) revenues increased 23 percent to $11.9 million from $9.7 million.

ALM license revenue rose 23 percent to $4.2 million from $3.4 million.

ALM maintenance revenues increased 19 percent to $5.6 million from $4.7 million.

ALM service revenues increased 33 percent to $2.1 million from $1.6 million.

New business was won at Chase Paymentech, ING, Medtronic, Migaro and Professional Data Solutions, and follow-on wins with Continental, Fortis Bank, HSBC, IT Frontier, Torstar, Northrop Grumman, TietoEnator and Trading Technologies.

Closing cash balance at October 31, 2007 was $9.9 million, down from $11.9 million at July 31, 2007.

"We are pleased to report another quarter of record revenues as well as a return to overall profitability," said Philip Deck, CEO of MKS. "Solid improvements in ALM licensing, maintenance and services and focused cost control contributed to our profitability in spite of substantial currency-related cost increases."

"We accomplished our record revenue this quarter based on a series of relatively modest transactions from both long term accounts and new ones," said Michael Harris, MKS President and COO. "We continue to invest substantial field resources on several long term customer initiatives that are steadily maturing. We believe that the combination bodes well for growth looking forward."

Financial Review

Total revenue for the second quarter of fiscal 2008 was $13.6 million, an increase of 18 percent over the second quarter of fiscal 2007. Net income for the second quarter of fiscal 2008 was $0.2 million, or $0.00 per share, compared to a net loss of ($0.7) million or ($0.01) per share in the second quarter of fiscal 2007.

Six month revenues for fiscal 2008 increased 13 percent to $27.2 million compared with revenues of $24.1 million for the same period in fiscal 2007. Six month net loss was ($0.1) million, a decrease from a net loss of ($1.2) million for the same period in fiscal 2007.

Second quarter fiscal 2008 application lifecycle management (ALM) revenues increased 23 percent to $11.9 million, compared to revenues of $9.7 million reported in the second quarter of fiscal 2007.

Six month ALM revenues for fiscal 2008 increased 17 percent to $23.6 million from $20.2 million for the first six months of fiscal 2007.

Outlook & Guidance

MKS expects that ALM license revenue will improve in fiscal 2008 from the levels of fiscal 2007 which, combined with continued increases in maintenance and services revenue, will result in higher total revenue for the fiscal year compared to fiscal 2007, more than offsetting expected declines in Interoperability revenue.

MKS is managing its cost base to sustain current sales and marketing capacity and is making further investments in sales resources only to the extent that consistent profitability can be expected throughout its planning horizon. MKS expects full year profitability for fiscal 2008 based on increasing revenue and carefully managed costs. For the fiscal year 2008, the significant volatility in MKS operating currencies has represented a substantial planning challenge.

MKS expects to maintain more than sufficient cash balances through fiscal 2008 through the combination of expected improvements in net income, reduced capital expenditures over those in fiscal 2007 and an expected continuation of lower overall receivables days net of current dividend policy. The Company expects that seasonal factors will cause inflows of cash in the second half of the fiscal year as the Company’s annual maintenance renewals are more heavily weighted to the last two quarters of the fiscal year.

Amika Mobile Wins Business Achievement Award

OTTAWA - Amika Mobile, the pioneer in the delivery of key content to any mobile phone, receives Ottawa Chamber of Commerce Best Small Business Silver Award for 2007. Winners are selected based on business growth opportunities, job creation, innovation, customer focus, community contribution and strong sense of corporate responsibility.

In eight short months Amika Mobile has been launched as a wireless start-up with an experienced team that led a successful multi-million dollar exit of their compliance business unit to Entrust in June 2004 entrust.com. The company has already released the Amika Mobility Server- Enterprise and ISP editions as well as the amikamobile.net portal, which delivers critical email content to any mobile phone anywhere in the world. Amika Mobile's CEO, Dr. Sue Abu-Hakima, was also named Canada's 2007 Advanced Technology Woman Entrepreneur (www.cata.ca). As a two-time Founder/CEO she has a demonstrated strong track record of innovation and business leadership.

Amika Mobile sells its products through distributors, system integrators and platform vendors focusing on India, North America and Europe.

Open Text Announces Completion by Jazz Pharmaceuticals, Inc. of FDA Electronic Pilot Submission Using Livelink ECM - Collaborative Submissions

Comprehensive Compliance Solution Meets Industry's Electronic Common Technical Document (eCTD) Requirements, Streamlines Processes and Reduces Delays

CHICAGO - Open Text(TM) Corporation announced that Jazz Pharmaceuticals, Inc. has successfully completed its pilot submission to the U.S. Food and Drug Administration (FDA) using Open Text's Livelink ECM - Collaborative Submissions. This initial step is required to ensure that an electronic submission in the eCTD (Electronic Common Technical Document) format can be prepared according to published guidelines and successfully received by the FDA prior to the January 1, 2008 deadline.

Livelink ECM - Collaborative Submissions is designed to manage and support the assembly, review, approval and release of large document sets (submissions) made to government regulatory agencies around the world that are responsible for drugs, biologics and related products. The comprehensive Livelink ECM - Collaborative Submissions solution manages documents through their lifecycles and reduces time-to-market by enabling companies to prepare and make submissions in the industry's standard eCTD format.

Developed by the International Conference on Harmonization (ICH), the eCTD was designed to be a common format for company-to-regulatory agency transfer of information and is acceptable across the United States, Japan, the European Union and Canada. However, since the eCTD is still an evolving standard, with a number of different interpretations and region-specific guidelines, the FDA established the pilot submission process to certify the technology platform used for eCTD submissions.

Like many pharmaceutical companies today, Jazz Pharmaceuticals, Inc. has embraced the eCTD format as a way to improve its regulatory processes. Using Livelink ECM - Collaborative Submissions, Jazz Pharmaceuticals prepared and sent to the FDA a very sophisticated pilot submission that was composed of more than 500 documents, including SAS-format statistical information, supplied in native form; the FDA's required Study Tagging File (STF); and the FDA's Structured Product Labeling (SPL). In addition, the company provided several hundred PDF links between the submitted documents.

The pilot submission was thoroughly verified by the FDA and passed with no issues.

"We selected Open Text's Collaborative Submissions for our eCTD submissions because we wanted a tightly integrated solution to our Livelink ECM document management system," said Lynn Ferguson Lewis, Project Manager, Information Technology, at Jazz Pharmaceuticals. "We are very pleased that our pilot submission was confirmed by the FDA."

"Being able to submit documents according to the FDA's rules is obviously a business-critical issue for any pharmaceutical company," said John Wilkerson, Executive Vice President of Global Sales, Services and Support at Open Text. "The team at Jazz Pharmaceuticals planned ahead and has deployed a solution that has worked well for a successful pilot submission that met regulatory guidelines. The success at Jazz Pharmaceuticals validates the work we've done in the life sciences industry, with customers and partners, to create solutions that are addressing the latest compliance requirements from the FDA and other regulatory agencies around the globe."

Livelink ECM - Collaborative Submissions offers life sciences companies a single, end-to-end system to help manage eCTD-compliant submissions to the FDA, the European Agency for the Evaluation of Medicinal Products (EMEA) and other regulators worldwide. The solution combines documents, forms and records management software, content publishing tools and the ability to automate a wide range of processes, from ad hoc to tightly sequenced workflows. Integrated tools such as check-in/check-out, version history, event auditing, signing controls, alternate renditions and compound documents make it easy to manage documents, their constituent documents and related components to ensure accuracy.

MKS Declares Quarterly Dividend

Waterloo – MKS Inc. announced November 26, 2007 that its Board of Directors has declared a quarterly cash dividend of US $0.02 per share on the Company's outstanding common shares in accordance with its dividend policy. The cash dividend will be payable on January 15, 2008 to shareholders of record at the close of business on December 31, 2007.

The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada).

RDM Corporation reports record revenues and earnings in fiscal 2007

Company achieves 39% revenue growth

WATERLOO RDM Corporation reported its financial results for the three and twelve-month periods ended September 30, 2007.

Fiscal 2007 Financial Highlights

- Total revenues were $33.9 million in fiscal 2007, an increase of 39% from $24.3 million in 2006.

- The Digital Imaging segment, which represented 85% of revenues, grew by 69% to $28.7 million of revenues.

- Gross profit was $13.5 million or 40% of revenues, compared to $10.0 million or 41% of revenues in 2006.

- Net earnings were $5.8 million or $0.26 per share (fully diluted) in 2007, compared to $2.1 million or $0.10 per share in the previous year. Approximately $2.7 million of 2007 earnings or $0.13 per share were attributable to a gain on the sale of RDM's minority stake in Xign Corporation.

- Cash and equivalents grew to $17.4 million at September 30, 2007, from $6.2 million one year earlier.

Fiscal 2007 Operating Highlights

- Transaction volumes for RDM's Image & Transaction Management System (ITMS) averaged 1,755,000 items per week during the fourth quarter of 2007 and exited the year at 2,081,000 items, compared to 792,000 items per week in Q4 2006.

- Ten new bank distributors were signed during the year, bringing the total to 25 banks.

- ITMS end user locations increased to 8,400 from 3,300 at the start of the year.

- Shipments of proprietary scanner units grew to 55,000 in 2007, compared to 34,000 the prior year.

- Product announcements included the CaptureOne (tm) batch scanner which is co-branded with Epson Corporation, and a new version of ITMS Web Client.


"A 39% increase in revenues and the second year in a row of record earnings are a great testament to the employees of RDM who have worked with great dedication and creativity over the past 12 months," said Douglas Newman, President and CEO of RDM Corporation. "RDM continues to be one of the leaders in remote deposit capture and we have established a great foundation for long term growth. Industry estimates are that only 2% of U.S. businesses are using RDC with the potential for 5 million seat deployments over the next five years." Mr. Newman continued: "RDM is well positioned with our positive cash flow and cash in the bank to take advantage of acquisition and consolidation opportunities as they arise in our industry. We expect our revenue growth rates to continue at the same pace as over the past two years. Over the next year, gross margins may be impacted by fluctuation in the exchange rate between the Canadian and U.S. dollar. At current exchange rates, gross margins achieved are likely to be similar to those of Q4 2007."

Financial Review

RDM's revenues grew year-over-year by $9.6 million or 39% to $33.9 million in fiscal 2007. As RDM generates virtually all of its revenues in U.S. dollars, the Company was negatively impacted by the continued strengthening of the Canadian dollar during 2007.

The revenue increase was attributable to strong growth in the Digital Imaging segment, which comprises both scanner sales and the ITMS transaction revenue. Digital Imaging revenues grew by 69% to $28.7 million from $17.0 million in 2006, driven by increasing adoption of remote deposit capture services. The vast majority of Digital Imaging revenues were derived from scanner sales, which increased to 54,000 units from 34,000 units in 2006. Management anticipates continued volatility of units shipped on a quarterly basis, but expects to see an upward trend in scanner sales over the longer term.

Revenues in the Electronic Payments Solutions segment, comprised of custom development projects for government agencies and financial institution customers, were $3.2 million in 2007 compared to $5.5 million the previous year. The Quality Assurance segment, comprised of quality control products sold to commercial check printers and processors, generated revenues of 2.0 million, compared to $1.8 million in 2006. Results in the two smaller segments were in line with management expectations, and both segments made a positive contribution to operating income.

Gross profit grew by $3.5 million or 35% to $13.5 million in fiscal 2007. Expressed as a percentage of revenue, gross margin was 40% in 2007 compared to 41% last year, with the change attributable to business mix.

Sales and marketing expense increased 44% to $4.2 million, due to higher investment in sales activities related to the rapidly growing Digital Imaging segment, a focus on signing new ITMS banks, and marketing activities to prepare for the introduction of a batch scanner. Research and development expenses, net of investment tax credits, were unchanged at $3.0 million, as the Company continued to invest in Digital Imaging new product development. General and administration expenses increased 33% to $2.1 million as a result of increased regulatory compliance requirements, staff recruiting, SAS 70 audit fees and insurance due to the growth of the Company.

In 2007 RDM recorded a $2.7 million gain on sale of long term investment related to the sale of its minority interest in Xign Corporation. The Company recorded a $657,000 foreign exchange gain in 2007 compared to a $168,000 loss the prior year. Income tax expense for the year was $1.2 million, compared to a tax recovery of $784,000 in 2006. Net earnings of $5.8 million, or $0.26 per share (fully diluted), represented significant growth compared to $2.1 million or $0.10 per share in 2006.

Operating activities provided $2.4 million of cash flow in 2007, compared to $0.9 million in 2006. Investing activities provided $7.6 million of cash, comprised primarily of proceeds from the sale of the Company's minority interest in Xign Corporation. Cash and equivalents were $17.4 million at September 30, 2007.

Certain RIM Executives Adopt Automatic Securities Disposition Plans

Waterloo - Research In Motion Limited announced November 23, 2007 that it has amended its Insider Trading Policy to enable its directors, officers and employees (each an "insider") to adopt automatic securities disposition plans ("ASDPs") pursuant to the United States Securities and Exchange Commission's Rule 10b5-1 ("Rule 10b5-1") and applicable Canadian provincial securities legislation, including the guidance under Ontario Securities Commission's Staff Notice 55-701 (the "Canadian Legislation").

Rule 10b5-1 and the Canadian Legislation permit insiders to adopt written ASDPs (generally referred to in the United States as "Rule 10b5-1 Plans") to sell, donate or otherwise transfer shares in the future (including upon exercise of stock options) according to the ASDP on an automatic basis regardless of any subsequent material non-public information they receive. Once an ASDP is established, the insider is not permitted to exercise any further discretion or influence over how dispositions will occur under the ASDP. RIM recognizes that insiders may have reasons unrelated to their assessment of a company or its prospects in determining to effect transactions in that company's common shares under an ASDP. These reasons might include, for example, charitable donations, tax and estate planning, retirement planning, the purchase of a home, the payment of university tuition for a child, the establishment of a trust, the balancing of assets and diversification of investments in an orderly manner, or other personal reasons. RIM also recognizes that many of its officers and employees have a substantial portion of their personal net worth represented by securities of the Company, and that a number of RIM's officers have been subject to lengthy restrictions on their ability to effect trades in RIM's common shares because of regular and special trading blackouts imposed on such officers under the Company's Insider Trading Policy and the management cease trade order (MCTO) issued by the Ontario Securities Commission in October 2006 at the Company's request.

In addition to meeting the basic requirements of Rule 10b5-1 and Canadian Legislation, RIM has established additional measures designed to conform with "best practices" relating to ASDPs. Those measures include the following: (i) ASDPs may only be adopted during a trading window; (ii) a "cooling-off" period of three months (30 days for pre-existing charitable commitments) will generally be required between the adoption of the ASDP and the first sale under the ASDP; (iii) an ASDP should generally have a duration of 12-24 months; (iv) the ASDP must contain meaningful restrictions on the ability of the insider to modify or terminate the ASDP; and (v) the ASDP should generally provide for regular sales of smaller amounts (relative to an insider's holdings) over a period of time rather than large sales during a short period of time after adoption of the ASDP. In addition, RIM's Insider Trading Policy requires all ASDPs to be pre-cleared by the Board of Directors or a designated committee thereof. The Board of Directors will also consider such other "best practices" as they exist at the time an insider adopts an ASDP and may impose such additional requirements, or grant such exceptions, as it determines are necessary or appropriate.

Following the amendment to RIM's Insider Trading Policy, the following officers of the Company have opted to establish ASDPs prior to the closing of RIM's current trading window today:

• Jim Balsillie (Co-Chief Executive Officer) – Mr. Balsillie's ASDP provides for the donation of Cdn$38 million of common shares of RIM to certain charitable organizations and educational or research institutions, as well as the sale of Cdn$86 million of common shares of RIM over the 13-month term of the ASDP (including in each case common shares issuable upon exercises of stock options held by Mr. Balsillie). These amounts represent a small portion of Mr. Balsillie's beneficial ownership of RIM's shares.

• Mike Lazaridis (President and Co-Chief Executive Officer) – Mr. Lazaridis' ASDP provides for the donation of up to Cdn$75 million of common shares of RIM by Mr. Lazaridis (or companies controlled by Mr. Lazaridis) to certain charitable organizations and educational or research institutions, as well as the sale of up to Cdn$100 million of common shares of RIM over a minimum 14-month term (maximum 18-month) of the ASDP. These amounts represent a small portion of Mr. Lazaridis' beneficial ownership of RIM's shares.

• Larry Conlee (Chief Operating Officer – Product Development and Manufacturing) – Mr. Conlee's ASDP provides for the sale of 578,500 common shares of RIM upon exercises of options held by Mr. Conlee over the 12-month term of the ASDP.

• Dennis Kavelman (Chief Operating Officer – Administration and Operations) – Mr. Kavelman's ASDP provides for the transfer of 240,000 common shares of RIM upon the exercise of options held by Mr. Kavelman to a charitable foundation established by Mr. Kavelman and his wife and the subsequent sale of such shares by the foundation pursuant to its ASDP, as well as the sale of up to 500,000 common shares upon exercises of stock options held by Mr. Kavelman over the 18-month term of his ASDP. In addition to the options subject to the ASDPs, Mr. Kavelman has 492,000 vested and unvested RIM stock options as well as RIM shares.

• Don Morrison (Chief Operating Officer – BlackBerry) – Mr. Morrison's ASDP provides for the donation of 95,000 common shares of RIM upon exercises of stock options held by Mr. Morrison to certain charitable organizations and a charitable foundation established by Mr. Morrison and his wife, as well as the sale of 265,000 common shares upon exercises of options held by Mr. Morrison over the 12-month term of the ASDP.

• Karima Bawa (Vice President, Legal) – Ms. Bawa's ASDP provides for the sale of up to 275,750 common shares of RIM (including common shares issuable upon exercises of options held by Ms. Bawa) over the 12-month term of the ASDP.

• Norm Lo (Vice President, Asia/Pacific) – Mr. Lo's ASDP provides for the sale of up to 210,000 common shares of RIM upon exercises of options held by Mr. Lo over the 13-month term of the ASDP.

• Elizabeth Roe Pfeifer (Vice President, Organizational Development) – Ms. Roe Pfeifer's ASDP provides for the sale of up to 50,350 common shares of RIM (including common shares issuable upon exercises of options held by Ms. Roe Pfeifer) over the 8-month term of the ASDP. In light of the smaller number of shares to be sold by Ms. Roe Pfeifer, RIM's Board of Directors granted Ms. Roe Pfeifer an exemption from the requirement that the ASDP have a minimum 12-month term.

Dispositions by the insiders under their respective ASDPs will be reported in accordance with applicable Canadian securities laws (RIM's insiders are exempt from filing insider reports under U.S. securities laws) and on Forms 144 filed with the Securities and Exchange Commission by any officers or directors who sell such securities on the Nasdaq Stock Market. Each such filing will bear a notation to advise readers that the dispositions relate to an ASDP.

Other insiders of the Company may from time to time adopt ASDPs during trading windows. RIM will issue a press release to announce the adoption of any other ASDPs by its directors or officers.

As previously announced, in May 2007, RIM completed a management-initiated review of its historical stock option granting practices, which resulted in a restatement of its previously filed U.S. GAAP financial statements. The section of RIM's MD&A for fiscal 2007 titled "Explanatory Note Regarding the Restatement of Previously Issued Financial Statements" describes the background, scope and findings of the internal review of stock option practices that was completed by a Special Committee of RIM's Board of Directors, summarizes the accounting impact of the restatement adjustments on the Company's U.S. GAAP financial statements, and outlines the measures implemented by the Company in response to the recommendations of the Special Committee. The Company has also disclosed that the United States Attorney for the Southern District of New York, the Securities and Exchange Commission and the Ontario Securities Commission are conducting investigations in connection with the Company's historical stock option granting practices. While it is not possible to predict at this time what action may result from the investigations, the Company anticipates that RIM or certain of its directors or officers may be subject to potential enforcement action, and could be subject to other potential risks and outcomes, which are described in greater detail under the heading "Restatement of Previously Issued Financial Statements" in RIM's MD&A for the three months and six months ended September 1, 2007, and under the heading "Risk Factors – Risks Related to the Company's Stock Option Granting Practices – Matters relating to the Company's internal review of its stock option granting practices, the restatement of the Company's previously filed financial statements as a result of the review, and regulatory investigations or litigation relating to those matters may have a material adverse effect on the Company" in RIM's Annual Information Form for fiscal 2007 (filed as part of RIM's Annual Report on Form 40-F). Copies of such filings may be obtained at www.sedar.com and www.sec.gov. Such actions or outcomes could have a material adverse effect on the Company.

Communitech launches Titan Learning Series

WATERLOO REGION - On Tuesday November 27th, Communitech launches the 2007-2008 Titan Learning Series, designed to fill specific knowledge and skills gaps within Waterloo Region technology companies.

The workshops will provide tech professionals with unprecedented access to high-level business leadership and skills development in areas where Communitech members have identified a specific knowledge gap.

As part of its annual Listening Survey, Communitech asked companies to identify "pain points." The message came through clearly - tech companies want to strengthen their team members' skills in:
* sales
* marketing
* talent recruitment and retention, and
* rapid growth management techniques.

"We're bringing in the best in the business to coach our tech companies," says Iain Klugman, president and CEO, Communitech. "It's the first time this level of thought leadership will be here in Waterloo Region, providing real, hands-on learning opportunities. And we're making this accessible to all kinds of companies - big and small."

The series kicks off November 27 with "The Dynamics of Technology Market Development: Lessons from Silicon Valley" presented the Chasm Group, a consulting firm founded by Geoffrey A. Moore, groundbreaking author of the best-selling Crossing the Chasm. The experience-based full day workshop is designed to help high tech entrepreneurs position their products to fully exploit their business opportunities. The Chasm Group is presented in partnership with Acetech.

Titan Learning Series workshops are $150 for Communitech members; $250 for non-members. The Series includes:

* The Chasm Group, November 27, Bingemans
* Pragmatic Marketing, January 22, The Waterloo Inn and Conference Centre
* Brad Smart, TopGrading, April 9, Holiday Inn Kitchener
* Verne Harnish, Gazelles Inc., June 4, Delta hotel Kitchener

The Series is named for the association's Titans of Technology sponsors, whose commitment and participation makes the workshops possible. 2007-2008 Titans include: Atria Networks LP, Christie Digital Systems, COM DEV, Data Perceptions, eSolutions Group, Gowlings, INO, KPMG, MapleSoft, Navtech, Ontario Centres of Excellence, Open Text, Research In Motion, Sandvine, SpencerStuart, St Jacobs Country Inns, Tech Capital Partners, Laurier School of Business and Economics, 570 News, and The Record.
Golden Telecom Selects ECtel's Fraud Management Solution To Reduce Fraud Losses

Next- Generation Service Providers Can Eliminate Up to 90% of Fraud Losses

ROSH HA'AYIN, ISRAEL – Golden Telecom, a leading provider of integrated telecommunications and Internet services in Russia and the Commonwealth of Independent States (“CIS”), has selected FraudView®, the fraud management solution of ECtel Ltd., a leading provider of Integrated Revenue Management™ (IRM ™) solutions.

ECI Telecom, a global provider of networking infrastructure equipment and a long time supplier of SDH, DWDM and NGN solutions to Golden Telecom, represents ECtel in the region.

With telecom fraud accounting for up to 8% of lost annual revenue, operators are constantly striving to manage this problem and improve their bottom line. FraudView® enables operators to protect their revenues through real-time detection and prevention of fraud losses across all business lines and services. Through a feature-rich back-office application, it provides an innovative and comprehensive solution designed to meet the needs of wireline and 2.0/2.5/3G wireless, VoIP/IP, convergent and next-generation communications service providers.

"We are excited to add Golden Telecom to our growing installed base of operators who are successfully using our solution for fraud prevention," said Mr. Itzik Weinstein, President and CEO of ECtel. "Our continued investment in the development of state-of-the-art solutions paired with our significant presence through our long-term channel partner ECI Telecom, has enabled us to sustain the industry's largest installed base of wireline and wireless operators, and the market's first solutions supporting 3G and VoIP networks."

Sleek and Stylish BlackBerry Pearl 8120 Smartphone Launched in Australia

Sydney, Australia and Waterloo, ON - Research In Motion announced the new BlackBerry® Pearl™ 8120 smartphone in Australia. “BlackBerry smartphones are well received in Australia and we are pleased to be working with our partners to introduce another RIM innovation to the Australian market,” said Norm Lo, Vice President of Asia Pacific at RIM. “The new BlackBerry Pearl 8120, with its elegant design, advanced multimedia features and Wi-Fi capabilities, is perfect for both personal and professional use.”

Multimedia to Go

The BlackBerry Pearl 8120 comes with a 2 megapixel camera with 5x digital zoom and enhanced flash. The camera also supports video capture in two resolutions: 240x180 or 176x144 for sharing via MMS.

The media player now allows users to create and edit playlists right on the handset. Alternatively, users can manage their media files from their PC with the Roxio® Media Manager for BlackBerry®, which is included with the BlackBerry® Desktop Manager software.

The BlackBerry Pearl 8120 supports the Bluetooth® stereo audio profile (A2DP/AVRCP) and comes with a 3.5 mm stereo headset jack so users can plug in their preferred headphones or speakers. The smartphone also provides the convenience of an externally accessible microSD/SDHC memory card slot for additional storage of music, videos and pictures.

The BlackBerry Pearl 8120 supports high-speed USB for transferring files between the handset and a PC at data throughput rates of up to 10MB/sec.

Ultra-Sleek and Stylish

The BlackBerry Pearl 8120 smartphone is available in a stylish titanium-colored finish and adds many new enhancements while maintaining the ultra-sleek form -- measuring only 107mm x 55mm x 14mm and weighing approximately 91g -- that has already garnered international recognition and accolades.

The BlackBerry Pearl 8120 provides an exceptional user experience through the trackball navigation system and RIM's popular SureType® keyboard system that makes message typing and phone dialing fast and easy. The SureType keyboard system has been enhanced to provide word completion, easier editing of misspelled words and a built-in spell checker.

Enhanced Visual Interface

The BlackBerry Pearl 8120 features an updated visual interface and integrates a new font rendering technology. The new technology is evident throughout the visual interface, complementing the new look of the BlackBerry® email client, calendar, address book, task list, memo pad and web browser, while also enhancing other applications. The BlackBerry® Browser is further improved with a new "Page View" option that displays a full web page on the screen along with a magnifying glass that allows the user to quickly and accurately point and zoom in on a specific area of the web page.

Wi-Fi and Quad-Band Connectivity

In addition to quad-band GSM/GPRS/EDGE support, customers can also enjoy the BlackBerry Pearl 8120 with faster web browsing and expanded wireless data coverage via Wi-Fi (802.11 b/g) networks. To meet various security requirements for users accessing a Wi-Fi connection, the BlackBerry Pearl 8120 is compliant with Wi-Fi security protocols including WEP (Wireless Equivalency Protocol), WPA (Wi-Fi Protected Access) and WPA2.

Advanced Phone Features

The BlackBerry Pearl 8120 offers many convenient phone features including Speaker Independent Voice Recognition (SIVR) for Voice Activated Dialing (VAD), Bluetooth 2.0 support for hands-free use with headsets, car kits and other Bluetooth peripherals, a low-distortion speakerphone and support for polyphonic, mp3 and MIDI ring tones. The smartphone also includes new features that enhance phone audio quality including enhanced background noise, wind and echo cancellation for better performance in loud environments like airports, restaurants or busy downtown streets. An 'enhance call audio' feature also allows the user to boost the phone audio's bass or treble while on a call.

The BlackBerry Pearl 8120 is supported on BlackBerry® Internet Service, giving users access to up to 10 supported work or personal email accounts (including most popular ISP email accounts), as well as BlackBerry® Enterprise Server, enabling advanced security and IT administration within IBM® Lotus® Domino®, Microsoft® Exchange and Novell® GroupWise® environments.

CRC Demonstrates World's Smallest Software Defined Radio -- Tiny radio on GumstixTM Makes SCA Applicable to New Industries

OTTAWA - The Communications Research Centre Canada (CRC), an agency of Industry Canada, in partnership with DSO National Laboratories of Singapore, have demonstrated the world's smallest SDR radio compliant with the Software Communications Architecture (SCA) specification, for use in commercial and consumer applications.

Showcased earlier this month at the 2007 SDR Technical Conference and Product Exhibition in Denver, the radio is based on DSO's Gumstix™ micro-computer. The radio implements a complete analog FM transceiver, interoperable with Commercial-Off-The-Shelf (COTS) FM handheld radios such as those used by public safety organizations and the popular Family Radio Service (FRS). Central to the unit is the CRC's flagship product SCARI++, the most widely used SCA Core Framework implementing the Joint Tactical Radio System (JTRS) specifications. The SCA FM waveform runs on the XScale processor of the Gumstix, a 20 mm by 100 mm board.

"We have once again pushed the limits of innovation," says Veena Rawat, President of CRC. "By partnering with DSO Laboratories we have demonstrated the feasibility of using the SCA specification to develop tiny radios. We have long proven SCA's applicability to military radios, but with this project we are making the technology applicable to many more products within the vehicular, robotics, and consumer industries."

The Gumstix Audio Pack includes an Intel XScale processor, an audio card for A/D and D/A functions, and an Ethernet port. An external RF unit has been developed by CRC's engineers to provide wireless access in the 150 and 460 MHz bands. All the SCA devices to control the processor, the audio card, and RF unit have also been developed to make the Gumstix Audio Pack a real SCA-ready transceiver. Using the SCA ArchitectTM modeling tool, the team easily converted an FM waveform to the SCA specification to provide communications with commercial radios.

"DSO is happy to have partnered with CRC on this new technological innovation," said Boon-Chong Ng, Head of Advanced Communications Laboratory at DSO National Laboratories. "We have gained new experience and insight into the potential of the SCA to operate in the embedded sector."

No shortcuts were taken in the software implementation for this small device. The SCA Core Framework used on the Gumstix platform is the same one being used and deployed for the military and commercial markets.

"The design decisions made by our technical team, led by Mr. Steve Bernier, have always been made to maximize performance and portability of both our SCARI++ Core Framework and of the waveforms generated from SCA Architect," says Dr. Rawat. "This has allowed us to support the widest range of operating environments and to become the first COTS Core Frameworks to be deployed in a high capacity military radio."

The SCARI Software Suite is available for multiple operating systems (Linux, VxWorks™, Integrity™, YellowDog, LynxOS™, and soon DSP/Bios™), ORBs (ORBexpress™, TAO) and processors (x86, PowerPC, ARM, XScale) and has been integrated on multiple SCA-ready COTS platforms such as SDR-4000 from Spectrum Signal Processing, SFF-SCA-DP from Lyrtech, IDP-100 from ISR Technologies and SCA 2510 from Pentek.

Independent Analyst Firm Cites Open Text as a Leader in Enterprise Content Management

Comprehensive Report Evaluates Vendors' Strategies and Products Across 60 Criteria

CHICAGO - Open Text(TM) Corporation, a global leader in enterprise content management (ECM), announced that analyst firm Forrester Research, Inc. has named Open Text a Leader in The Forrester Wave(TM): Enterprise Content Management Suites, Q4 2007, published on November 9, 2007 and authored by Kyle McNabb with Connie Moore and Diana Levitt. Open Text was the only pure-play ECM software vendor to be named a leader of the 11 companies included in the study.

Forrester's report takes a comprehensive look into the ECM space, offering particular focus on key industry trends that directly affect the need for ECM solutions within organizations. According to the report, "Developing a strategy for enterprise content is tough enough for I&KM (Information and knowledge management) pros who have to prioritize IT consolidation needs, content risk concerns, and the transactional, business, and persuasive content needs of the enterprise."

Open Text's ECM strategy and offering was evaluated against approximately 60 criteria. In a summary, the report states that: "Open Text Livelink ECM shows great breadth and depth, with strong scoring in core ECM capabilities - document imaging, document management, records management, and content archiving - plus good support for web content management and digital asset management...Livelink ECM provides good business process management, enterprise search, email archiving, and collaboration technology to help make it an ECM suites Leader."

Additionally, the report states that, "Open Text's combination of core ECM capabilities, including content integration and email archiving technology make it a good choice for enterprises wanting to archive and retain their content. Open Text created additional integration with Microsoft Office SharePoint Server to tackle the content archiving and retention needs of enterprises wanting to deploy SharePoint to their employees. And Open Text has a substantial portfolio addressing the document management and archival needs manufacturers have with their SAP implementations."

"Our strategy of delivering an integrated product offering with strong ties to the IT ecosystem including Microsoft, SAP and Oracle is providing great ROI for our customers," said Kirk Roberts, President, Livelink ECM Division at Open Text. "It is the unique combination of a leading product set along with unparalleled expertise on exploiting the value of business content that continues to separate us from our peers. We are pleased to see recognition of our status in the Forrester Wave."

Continued Industry Recognition

Forrester's recognition follows Open Text's positioning in the Leaders Quadrant in Gartner, Inc.'s most recent Magic* Quadrant for Enterprise Content Management, 2007, co-authored by Karen Shegda, et al, which was released in September. Open Text was also recognized as one of the Companies that Matter most in the digital content industry in EContent Magazine's just-released EContent 100 list.

Google Critics Miss the Mark on Ad Deal

Buyout of DoubleClick Would Offer Benefits to Consumers

Washington, D.C. — Google’s proposed acquisition of online advertising firm DoubleClick was criticized this week by U.S. Senators and antitrust committee members Orrin Hatch (R-UT) and Herb Kohl (D-WI). Google is seeking to acquire DoubleClick to enhance its advertising business, but Kohl and Hatch contend that the purchase will threaten competition.


The following is a statement on opposition to the Google DoubleClick deal by Cord Blomquist, Technology Policy Analyst at the Competitive Enterprise Institute:


“Kohl and Hatch overlook the merger’s benefits to consumers. A Google-DoubleClick merger would offer a vastly improved product to content-driven websites. One of the greatest challenges on the web is generating ad clicks, which are a crucial revenue source. With individualized information, Google-DoubleClick would be able to deliver tailored ads, better informing consumers of products they might actually purchase and giving fledgling websites a shot at establishing a strong online presence.


“The Senators’ concerns about market consolidation are unfounded. They depict the web advertising market as static—yet the last decade has shown the dynamic nature of Internet commerce. The history of the Internet is littered with former giants like AOL, AltaVista, and Lycos that lost significant market share or went bust because they couldn’t keep innovating. The real competition to Google-DoubleClick may not even exist yet—Google itself was a grad student science project a decade ago. Startups can grow exponentially in a short time on the web. Facebook, a $10-billion gorilla today, didn’t even exist four years ago. Established advertising powerhouses like Microsoft and Yahoo also pose a threat to Google in the marketplace. Both have recently bought ‘ad serving’ companies in anticipation of competing with Google.


“The efficiency of the free market is nowhere more evident than on the Web, where creativity matters far more than market leverage. Government intervention would undermine this innovative spirit, just as antitrust prosecutions against Microsoft retarded the pace of progress. If federal regulators reject the proposed Google acquisition, Internet users will be the ultimate victims.”

CHRISTIE APPOINTS ZORAN VESELIC VICE PRESIDENT, VISUAL ENVIRONMENTS GROUP

Accelerates Product Development and Innovation, Establishing Dominance in Emerging Markets Worldwide

WATERLOO REGION - Christie, a global leader in visual solutions for business, entertainment and industry, has announced the appointment of industry veteran Zoran Veselic to vice president, Visual Environments Group. A driving force behind Christie's world-class reputation for product excellence during his 13 years with the company, Veselic's new role reflects Christie's increased commitment to strengthening its product lines and solutions, accelerating innovation in advanced visualization/3D, simulation, and control rooms, and developing global strategies to increase penetration into emerging markets worldwide.

Veselic brings extensive knowledge of Christie product lines and diverse customer base, most recently as vice president of global quality. He is widely recognized for a customer-centric approach to business that has contributed to Christie's reputation for delivering quality, award-winning products and solutions backed by an unprecedented level of customer support. Working on several fronts, he will set market strategies and create new product and solution roadmaps for simulation, advanced visualization/3D, and control room customers globally. Veselic and his team will help drive Christie's system integration and fulfillment of complex visualization solutions and accelerate product development cycles to ensure a continuous influx of new products that leapfrog the competition.

"Zoran is responsible for some of Christie's major developments in a wide range of markets. For example, he helped introduce the renowned 'Roadie' series of powerful DLP(r) projectors that revolutionized the fixed installation and rental/staging markets," notes Gerry Remers, president and COO, Christie Digital Systems Canada, Inc. "As Christie's international initiatives continue to accelerate, and our company achieves new industry milestones, Zoran will be an integral part of our continued success aggressively pursuing new opportunities and establishing our leadership worldwide."

"As the leader in visual display solutions, Christie introduced the world's first purpose-built DLP projection products and solutions for 3D/virtual reality, simulation, and control rooms," observed Veselic. "I am proud to be part of a team of world-class experts who consistently deliver the most innovative systems and solutions for visual environments."

Veselic notes that in recent years Christie has taken the leadership as a system provider and integrator of complex visual displays, including multi-sided, immersive environments. Christie's TotalVIEW(tm) solutions have ushered in a new age of sophistication for medical, education, oil and gas exploration, and entertainment applications, as well applications in the manufacturing and government sectors.

Survey Says 62 Percent of Companies Believe Missing Computers Go Unnoticed; Consumers Fear Identity Theft

Company Surveys Corporate and Consumer Customers

VANCOUVER - Absolute(R) Software Corporation recently polled its customers about their attitudes toward computer and data security. Absolute surveyed two groups: corporate customers of Absolute's Computrace(R) solutions and customers that had purchased Computrace(R) LoJack(R) for Laptops, Absolute's computer tracking and recovery solution for consumers.

"Consumers, as well as corporations, need to have a multi-layered approach to computer and data security," says John Livingston, chairman and CEO of Absolute Software. "Most of us store personal information, banking records, credit card information, passwords and other sensitive data that could be used to harm us if it falls into the wrong hands. For businesses, a lost or stolen computer can lead to the intense media scrutiny associated with a data breach. Consumers who experience the loss of a computer may be at increased risk for identity theft and often lose irreplaceable photos, records and music collections."

Absolute's survey of its consumer customers had 1842 qualified respondents while 402 companies responded to the corporate survey. A summary of each can be found below. For additional results from both surveys, please visit:

http://www.absolute.com/resources/computer-theft-statistics-complete-survey.as p

Corporations Fear Data Breach: Corporate Survey Highlights:

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Corporations should be fearful of a data breach. By their own estimates, 16% believe a significant breach can cost $1 million dollars or more, 20% believe it can cost close to $100,000 and 22% believe it will cost nearly $10,000. More than half of companies (62%) surveyed believe that historically, computers have been lost or stolen that no one is even aware of.

Corporate customers leverage Computrace to recover missing computers (82%) and deter theft (73%). In addition, 8 out of 10 (83%) companies said they are better able to manage their computer assets with Computrace.

One in five (20%) companies reported experiencing a data breach in the past and believe that the majority (61%) of data breaches are perpetrated by internal employees. However, one in five (20%) also believe that sensitive data has been breached that no one in the company is aware of. What kind of data is being exposed? 39% have had confidential business information lost, 22% have had employee information breached, 22% have had customer information misplaced and 16% have had Social Security numbers stolen.

Consumers are Concerned About Identity Theft: Consumer Survey Highlights:

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Absolute's consumer survey found that one in five (20%) people knew of a friend, family member or co-worker that had their computer lost or stolen. Approximately one in 10 (8%) reported having their own personal or work computer lost or stolen.

The majority (62%) of consumers had spent between $1000-$2000 on their computer. One-fourth (25%) spent between $2000-$3000 and approximately one in 10 (7%) spent more than $3000. Although the vast majority (84%) of consumers purchased Computrace LoJack for Laptops to recover their computer if it is lost or stolen, one-fourth (25%) made the purchase to prevent identity theft.

Consumers are concerned about more than the cost of the hardware when a computer is lost or stolen. Their top four concerns (in order of diminishing importance) are losing their computer, having someone steal their identity, losing files/data and having unauthorized persons access their files.

Consumers are taking steps to protect themselves but lag behind corporations in their approach to computer security. Although all the participants in this study are currently using asset tracking and recovery solutions from Absolute Software, many are not implementing the most basic forms of protection; 7% are not using anti-virus software; 16% do not have a firewall; 46% are not backing up their data; 69% are not password-protecting files; 72% do not use any form of cable lock to prevent theft; and more than 80% do not use any type of encryption or authentication software.

99% percent of consumer customers would recommend LoJack for Laptops to a friend.

How Computrace Works

When a Computrace-equipped computer is reported stolen, the embedded Computrace agent sends a silent signal to Absolute's Monitoring Center providing critical location information. Absolute then works with local law enforcement to recover the computer, and, if necessary, assists with search warrant applications and subpoenas to ISP's. The stealthy Computrace software agent can survive accidental or deliberate attempts at removal or disablement. With embedded support in the BIOS(1) firmware of a computer, the Computrace agent is capable of surviving operating system re-installations, as well as hard-drive reformats, replacements and re-imaging.

Exact Completes Acquisition of Longview Solutions

Delft, the Netherlands and Toronto, Canada - Exact Software has successfully completed the strategic acquisition of leading CPM Software provider Longview Solutions to enrich Exact's solution portfolio beyond traditional ERP.

On September 17, 2007 Exact Software, one of the world's leading providers of business software and Longview Solutions, a leading provider of corporate performance management (CPM) software, jointly announced the signing of an agreement for Exact to acquire Longview.

This strategic acquisition strengthens Exact's business empowerment solution portfolio by adding Longview's powerful CPM platform and accelerates Exact's expansion into the higher end of the mid-market. In turn, Longview benefits from Exact's financial strength and geographic footprint as it continues to deliver best-in-class CPM software and services to the enterprise market and further expands into the mid-market.

Reiteration of Guidance for 2007

For 2007 Exact has given a guidance of organic license revenue growth of 6-8% and an EBIT margin of at least 20% excluding acquisitions. Subject to finding the right acquisition targets Exact has given a guidance of annualized revenue of € 300 million by the end of 2007 and at least 20% EBIT margin. These acquisitions will be in line with its defined M&A strategy and will be funded by using current cash availability and if necessary, leverage on the balance sheet. Acquisitions may initially have a limited negative impact on the EBIT margin due to the required amortization of acquired customer bases under IFRS.


Apple Releases Final Cut Express 4

New Final Cut Express Features AVCHD Support and iMovie ‘08 Integration

CUPERTINO, California - Apple® released Final Cut® Express 4, a significant upgrade to its powerful video editing software based on Apple’s award-winning Final Cut Pro 6, with a new low price of $199. Final Cut Express 4 adds support for the latest AVCHD cameras, allows mixing of standard and high definition content on a single timeline, includes the ability to import iMovie® ‘08 projects, and gives users access to hundreds of sophisticated FxPlug cinematic effects and filters.

“Almost a million digital filmmakers have made Final Cut their editing application of choice,” said Rob Schoeben, Apple’s vice president of Applications Product Marketing. “With the introduction of Final Cut Express 4, Apple makes it easy for anyone to join the rapidly growing community of Final Cut editors worldwide.”

The new Open Format Timeline in Final Cut Express 4 allows users to mix and match DV, HDV and AVCHD material*, all in realtime using the same industry-leading editing and trimming tools found in Final Cut Pro. Supporting both 1080i and 720p HD resolutions, Final Cut Express 4 automatically performs the necessary scaling, cropping and frame rate adjustments. When starting projects from scratch, the new simplified setup automatically configures everything based on the first clip dropped on the Timeline.

Final Cut Express 4 makes it easy to import iMovie ‘08 projects and enhance them with advanced editing capabilities such as multiple layers of video and graphics, picture in picture effects and animated titles. It includes over 50 new FxPlug filters, including Soft Focus, Vignette and Light Rays, with hundreds more available from a rapidly expanding FxPlug developer community. With enhanced audio controls, users can automatically raise any clip to its maximum level without distortion using the new Soft Normalize and Gain controls. Final Cut Express 4 also features LiveType 2, which provides an intuitive environment for creating dynamic and fun animated titles and includes an extensive library of animated fonts, textures, templates and effects.

Pricing & Availability

Final Cut Express 4 is available immediately for a suggested retail price of $199 (US) through the Apple Store® (www.apple.com), Apple’s retail stores and Apple Authorized Resellers. Owners of previous versions of Final Cut Express can upgrade to Final Cut Express 4 for just $99 (US). Full system requirements and more information on Final Cut Express 4 can be found at www.apple.com/finalcutexpress.

ProElite, Inc. and LiveHive Systems Introduce Fantasy Fight Game to Mixed Martial Arts Fans

-- NanoGaming allows MMA fans to play alongside favorite fighters --

WATERLOO - LiveHive Systems today announced that it has signed an agreement with ProElite, Inc. to enhance the television and Internet viewing experience for fans of Mixed Martial Arts (MMA) by introducing the ProElite Fantasy Fight Game, a fun, interactive offering.

The ProElite Fantasy Fight Game debuts with the upcoming MMA fight being held in New Jersey on Saturday, November 17, 2007. In order to play, MMA fans must go to http://fantasy.proelite.com before the event begins at 10:00 p.m. EST/7:00 p.m. PST.

"This is a game that allows fans to experience the raw energy of MMA and interact with matches broadcast on television or ProElite.com," says Dave Bullock, President and Co-Founder of LiveHive Systems. "On ProElite.com, MMA fans can play alongside their favorite fighters by making predictions on what will happen next. They can also answer trivia questions and chat with other fans, and have the option of playing the game while watching the fight concurrently through a live video stream on ProElite.com, which is a first."

Kelly Perdew, President of ProElite.com, says partnering with LiveHive Systems gives ProElite.com members a high-quality, interactive experience that further connects them to this burgeoning sport.

"Our integration of the LiveHive NanoGaming platform further demonstrates our commitment to provide MMA fans with the highest quality entertainment every time they visit ProElite.com," Perdew said. "This will help build a community of fans around a variety of MMA events, not just one fight brand. Fans can chat and compete with each other, which makes the viewing experience far more engaging. The ProElite Fantasy Fight Game allows fans to become a part of the action."

Fans who play the game will be eligible for prizes based on accumulating points for accurate predictions

O2 and RIM Launch the New BlackBerry Pearl 8120 Smartphone in Germany

O2 Germany to offer enterprise customers the BlackBerry Pearl 8120 smartphone on a Business Systems tariff. The BlackBerry Pearl 8120 combines business-grade communications and multimedia functionality in a small and stylish smartphone

Munich, Germany and Waterloo, ON - O2 Germany and Research In Motion (RIM) introduced the new BlackBerry® Pearl™ 8120 smartphone in Germany. Research In Motion has teamed with O2 to provide enterprise customers with advanced mobile voice and data solutions and the new BlackBerry Pearl 8120 features a comprehensive suite of rich communications and multimedia features in an impressively small and stylish design.

New enhancements, like a 2 megapixel digital camera that can capture both video clips and still images, an externally accessible memory card slot, Wi-Fi® connectivity support and an improved visual interface add to the renowned BlackBerry® smartphone experience that encompasses email, phone, SMS, IM, MMS, web browsing, multimedia and organiser applications.

Users can quickly type messages thanks to the BlackBerry Pearl 8120 smartphone’s easy-to-use SureType® keyboard, which allows a narrower handset design while maintaining easy phone dialing and message typing in a familiar QWERTZ layout. The high resolution display provides clear and crisp viewing of video clips, pictures and web browsing.

The new BlackBerry Pearl 8120, which is available in a stylish blue finish, is another powerful addition to O2’s BlackBerry smartphone portfolio. It enhances the benefits of mobile communications and connectivity for both enterprises and individuals. The BlackBerry solution's ‘push-based’ technology allows email messages and other data to be automatically delivered to mobile workers, enabling smooth, timely and efficient communications that enhances personal productivity and improves workflow within the enterprise. The BlackBerry solution enables smooth, timely and efficient communications that maintains workflow within the enterprise.

NCR and NRT Announce Global Agreement to Serve the Gaming Industry

Units Running up to 1,000 Transactions a Day at Detroit's Greek Town Casino Benefit from NCR's Service and Uptime Capability

DAYTON, OHIO - NCR Corporation announced November 13, 2007, it has signed a global reseller agreement with NRT Technology Corporation, a leading provider of hardware and applications for the gaming industry, headquartered in Toronto. The partnership with NRT will provide NRT's worldwide casino and gaming industry customers the opportunity to select NRT's industry-leading QuickJack and QuickJack Plus systems, now integrated with NCR's Personas(TM) 77 automated teller machine (ATM) platform.

John Dominelli, president and chief operating officer for NRT, said, "It's all about giving our customers choices. We want to give our customers the option of selecting the hardware/software solution that best suits their needs. We were impressed with the NCR hardware, as well as the extensive service capability NCR brings to the table. We are very pleased to be able to offer NRT customers the choice to work with NCR, starting in Greektown and then as we move forward with additional casino customers in North America, Macau, Europe, Australia and South Asia."

NCR Chairman and Chief Executive Officer Bill Nuti, said, "This is an exciting time for NCR as we take steps to expand our current footprint, while building on the excellence and solid foundation we have in self-service and assisted-service technology innovation that empowers customer interactions. NCR already has a strong presence and experience within the gaming industry, from ATMs to hotel self-check-in and other ancillary services, so growing our presence within gaming delivery systems is a natural step."

The industry-leading NRT QuickJack automated dispensing systems include a secure ATM cash dispensing unit, a network monitoring system that monitors and provides alerts for proactive servicing and support, as well as a comprehensive BackOffice system for control and reporting. It allows for the redemption of slot tickets for cash, the redemption of player points, money exchange, cash withdrawal and breakage of bills into smaller denominations.

Following a successful pilot of the combined NCR and NRT technology, the new QuickJacks are now live at Greek Town Casino in Detroit, Michigan. Each unit at Greek Town performs up to 1,000 transactions per day, placing high demands on parts, service and uptime capabilities. These transaction volumes far exceed typical ATM usage, yet NCR's robust technology passed the usability, service and parts availability test.

Globalstar, Inc. Announces Results for Third Quarter of 2007

Quarterly Highlights Include Continued Subscriber Growth, Signing of Second-generation Constellation Launch Contract, Introduction of New Simplex Data Modem and Purchase of Additional Ground Station Appliques to Expand Simplex Data Network

Post-quarter Activities Include Receipt of FCC Notice (NPRM) for ATC Authority, an Agreement With Open Range Communications, Initial Shipping of SPOT Satellite Messenger, Launch of Four Spare Satellites, and Expansion Into West Africa

MILPITAS, Calif. - Globalstar, Inc., a provider of mobile satellite voice and data services to businesses, government and individuals, today announced its financial and operational results for the three and nine months ended September 30, 2007.

"Our third quarter was highlighted by signing an agreement with Arianespace for the launch of our second-generation satellite constellation, thereby completing the last major contractual step necessary to securing our long-term space segment," said Jay Monroe, Chairman and CEO of Globalstar, Inc. "The successful 2007 launches of eight Globalstar satellites not only augment our current constellation but are fully inter-operable with our second-generation constellation scheduled to be deployed beginning in 2009. This contract provides us with the flexibility to support early satellite launches consistent with the accelerated delivery schedule of our second-generation satellite manufacturer, Thales Alenia Space."

Mr. Monroe added, "As demonstrated by the third quarter introduction of the Tracer 3 Simplex data modem by Guardian Mobility as well as the more recent announcement of Numerex Orbit One's SX-1, the world's smallest satellite asset tracking modem, Globalstar integrators continue to introduce new and innovative Simplex data products to the growing marketplace. During the third quarter we also signed an agreement with AeroAstro to purchase four Simplex data appliques, which provide us with the ability to continue geographically expanding our network into areas not currently served."

Mr. Monroe stated, "Throughout the third quarter, Globalstar's wholly owned subsidiary Spot Inc. continued to prepare for the November 1st ship date of our advanced satellite product known as the SPOT(tm) Satellite Messenger. Many retailers, media and outdoor enthusiasts who were introduced to this affordable consumer-oriented and innovative handheld personal safety device have reacted to SPOT with enthusiasm. SPOT allows users to send their GPS coordinates and selected messages to notify friends and family of their location and status, and to send for emergency assistance in time of need."

"Since the conclusion of the quarter, a number of compelling events have taken place which have advanced Globalstar's ATC opportunity, Simplex data and international strategy initiatives," said Mr. Monroe. "Late last week the FCC released an NPRM proposing the expansion of Globalstar's ATC authority to 19.275 MHz of its licensed spectrum. Globalstar is today announcing an agreement with Open Range Communications permitting Open Range to deploy high-speed wireless broadband service in select rural American markets under Globalstar's ATC authority. The SPOT satellite messenger began shipping to retail locations across the United States on November 1st. An agreement was signed with GlobalTouch West Africa to provide service to Nigeria and the surrounding portion of West Africa. Finally we successfully orbited four additional spare satellites on October 21. We will provide further details regarding these accomplishments during our earnings call later this afternoon."

In early November 2007, Thermo Funding Company completed its purchase of an aggregate of $200 million of Globalstar common stock pursuant to its standby stock purchase agreement. On November 7, Thermo Funding Company agreed to assume by December 17, 2007 all of the obligations of the lenders under Globalstar's credit agreement. Mr. Monroe said, "We expect to amend certain of the financial covenants in the credit agreement to ensure that Globalstar will have access to the entire $150 million credit facility and provide Globalstar with the ability to draw the funds as and when required. By agreeing to assume the lenders' commitments, Thermo is again demonstrating our continued belief in Globalstar's future."

Company Highlights in Q3 2007 Included:

-- Second-Generation Constellation and Current Space Segment:
- In early September Globalstar announced it had signed a launch agreement with Arianespace for the launch of Globalstar's second-generation LEO (low earth orbit) satellite constellation. The agreement provides Globalstar with the ability to conduct launch campaigns for its second-generation satellites from either Arianespace's Guiana Space Center located in French Guiana or the Baikonur Cosmodrome in Kazakhstan.

-- International Expansion of Satellite Coverage:
- In September Globalstar announced it had signed an agreement with the Radyne Corporation business unit AeroAstro to purchase four AeroAstro Appliques to further expand Globalstar's geographic coverage and grow its Simplex data customer capacity in Asia and Latin America.

-- Simplex Data Products and Services:
- In July Globalstar announced that Simplex data integrator Guardian Mobility Corporation had introduced a new group of satellite data modems known as the Tracer 3 Product Family. The data modems are designed to communicate via the Globalstar Simplex network, and are capable of providing data monitoring and GPS-based asset tracking information to customers from remote regions. The Tracer 3 Product Family joins Guardian Mobility's suite of Simplex data products, which includes the company's Skytrax Family of general aviation automated flight following solutions.

Mr. Monroe stated, "Throughout the third quarter Globalstar continued to increase its subscribers. We ended the quarter with 285,268 subscribers, a net increase of about 30,000 from those we had at the end of the third quarter last year. The quarterly increase of approximately 7,600 net subscribers enables us to maintain our position as North America's market share leader and most widely used satellite service provider. We have been able to accomplish this through aggressive marketing and pricing of our two-way products and services which use our S-band even as our first-generation constellation ages, and the introduction of Simplex products which use only our L-band."

Service Revenue for the third quarter of 2007 was $21.3 million compared to $27.6 million during the same period of 2006. During the third quarter of 2007 Globalstar recorded an operating loss of $0.3 million, and Adjusted EBITDA of $7.8 million compared to operating income of $8.8 million and Adjusted EBITDA of $10.1 million during the same period in 2006. Net income for the third quarter of 2007 was $0.7 million compared to $2.7 million in the same period of 2006. These decreases were due primarily to lower retail ARPU (average revenue per unit) related to the introduction of unlimited satellite airtime price plans and lower equipment sales. (For details concerning Adjusted EBITDA, please see the chart titled "Definition of Terms and Reconciliation of Non-GAAP Financial Measures" found later in this release.)

Service Revenue for the first nine months of 2007 was $58.7 million compared to $69.9 million during the same period of 2006. During the first nine months of 2007 Globalstar recorded an operating loss of $16.8 million and Adjusted EBITDA of $18.0 million compared to operating income of $14.5 million and Adjusted EBITDA of $23.8 million during the same period of 2006. Net loss for the first nine months of 2007 was $11.6 million compared to net income of $24.4 million in the same period of 2006. Results for the nine months ended September 30, 2007 included a $17.3 million non-cash asset impairment related to our first-generation inventory compared to a $17.5 million tax deferred benefit was recognized during the same period in 2006.

Total revenue in the third quarter of 2007 was $25.7 million compared to $38.7 million during the same period in 2006. Total revenue in the first nine months of 2007 was $74.7 million compared to $107.4 million during the same period in 2006. This decrease is attributable in part to lower equipment sales and decreased ARPU compared to the same period last year.

Key financial performance measures (see the chart titled "Definition of Terms and Reconciliation of Non-GAAP Financial Measures" found later in this release) for the three and nine months ended September 30, 2007 were as follows:

* Gross additions during the third quarter of 2007 and the nine-month period ended September 30, 2007 were approximately 15,900 and 40,900, respectively, compared to approximately 22,600 and 69,900, respectively during the same periods in 2006.

* Net additions during the third quarter of 2007 and the nine-month period ended September 30, 2007 were approximately 7,600 and 22,500, respectively, compared to approximately 19,200 and 59,800, respectively, during the same periods in 2006.

Cyberplex Revenue Increases 280 Percent

TORONTO - Cyberplex Inc. announced its financial results for the third quarter ended September 30, 2007.

Revenue for the three month period ended September 30, 2007 was $4.72 million up 280% from the $1.24 million generated a year earlier and an increase of 6% from the $4.44 million recognized in the previous quarter. On an operational basis, the loss before amortization and interest income for the quarter was $145,000, after accounting for a foreign exchange loss of $210,000 and one-time non-recurring stock compensation expense of $103,000. This figure compares to a $114,000 operating loss for the same period a year earlier and a loss of $4,000 generated in the previous quarter.

Gross margin for the quarter was 41%, consistent with the 42% recorded in the previous quarter and the Company's top five clients accounted for approximately 30% of the quarterly revenue. The company finished the quarter with cash and cash equivalents of $1.27 million.