Friday, November 30, 2007

Alfred Angelo Knit Bridesmaids Collection - The Bridesmaids Dress You'll Want to Wear Again and Again


D
o you ever wonder why you still hold on to your bridesmaids dress?

Is it because somewhere deep inside, you hope to have an occasion to wear that beautiful dress again and look as lovely as you did that day? Perhaps, but that day never comes. Because in the end, even with the best intentions, a bridesmaid dress outside of a wedding always looks like, well, a bridesmaid dress ... until now!

Alfred Angelo unveils its latest collection of bridesmaid's dresses, the Knit Collection. Short and sassy or long and lean, made of ultra flattering knit jersey fabrics, this IS the bridesmaid dress you'll wear well beyond the wedding.

The new knits feature six versatile bridesmaid dress silhouettes, answering an increasing desire for bridesmaids to find a dress that is wedding appropriate, yet fashionable and wearable long after the wedding "I Do's" are said. More importantly, the fabric moves with a woman's body, and the supple knit jersey is smooth to the touch, adding an extra level of comfort not seen before in a bridesmaid collection.

"The fabric drapes beautifully and really flatters every body type," says designer Michael Shettel. "The combination of a unique fabric and trendy styling means these dresses truly can be worn again and again. Whether to a summer cocktail party, fancy dinner out, or next year's Holiday parties, they're that exceptional."

The collection is also the perfect choice for destination weddings. The jersey fabric packs beautifully, with minimal wrinkling during long flights, and is light weight, making for easy traveling to far away locales.

The new knit collection is available in nine beautiful colors: azure, midnight sky, scarlet, olive, azalea, chocolate, deep apple, lilac, and black, in sizes 2-28W to fit everyone in the party. The collection will be available in over 1000 bridal boutiques nationwide, as well as 37 Alfred Angelo company- owned boutiques, beginning February 2008.

To view all of the 2008 Alfred Angelo collections, find a location nearest you, and view the latest happenings in your area, log on to http://www.alfredangeloatores.com/.

Natasha Talks Accessories: A Teen's Guide to Fashion, Clothes, Jewelry and Makeup


T
he easiest way to change your look is through accessories, says Natasha Darras, 16, a rising star on the high school golf circuit in southern California.

"When it comes to fashion, clothes, jewelry and make up, shop inexpensive places and splurge only on important pieces," Natasha says. "I only buy expensive things that I can wear and use for a long time."

Natasha offers some inexpensive ways to update a wardrobe for minimal cost and maximum value.

-- Add scarves. You can wear them on your head, around your neck and
they look great.
-- One quick and easy look that really works is layering your jewelry.
Bargains I find in vintage and thrift stores are my prettiest pieces
and long necklaces look great layered.
-- When wearing short necklaces, just wear one at a time.
-- If you wear a uniform, dress it up with accessories and make sure you
don't break the dress code.



"Makeup has been a hurdle for me," says Natasha. "I think it is really important even though some of my friends don't wear it. They think it takes too much time. Since I like my look to be natural and light, applying just a little can make a big difference and it doesn't take any time at all."

Natasha has learned that buying makeup at the drug store is the best value. Expensive makeup never worked any better for her and the long-lasting lipstick is much cheaper too. Because she likes to experiment, it makes sense to buy 2 or 3 shadows for a few dollars.

She says mascara all works about the same, so she suggests that you save your money and get it at the drugstore too.

"My skin is more normal than perfect. Since I really have to work to have good skin, I spend more and buy the bare mineral type of cover up, base, foundation or powder," says Natasha. "When I use that as a barrier, it keeps my skin from reacting to other products and it allows me to have good looking skin without spending a fortune."

Actress Colleen Zenk Pinter Partners with the Oral Cancer Foundation to Raise Public Awareness


T
wo time Emmy nominated actress Colleen Zenk Pinter, best known for her long running role as Barbara Ryan on CBS's As the World Turns, has teamed up with the Oral Cancer Foundation to share the story of her battle against oral cancer, and raise public awareness of a disease which kills more Americans each year than more commonly known cancers.

Zenk Pinter's first stop was CBS's The Early Show. In an interview with co-anchor Hannah Storm, Zenk Pinter revealed how a seemingly stubborn canker sore turned out to be a stage-two malignant oral cancer, requiring several surgeries to reconstruct her tongue, and months of radiation treatments. Zenk Pinter explained to Storm that she believes that her cancer was caused by the human papillomavirus. "I had absolutely none of the historic risk factors for this cancer, I never used tobacco and only drank socially," she said, referring to the two other common causes of the disease.

"In fact, young Americans who have none of the historic risk factors are the fastest growing segment of oral cancer patients in the country," Brian Hill, executive director of the Oral Cancer Foundation says, "and we believe the culprit behind the surge in cases is HPV16, the same virus that causes cervical cancer."

Dr. Mark Lingen, Professor of Pathology at the University of Chicago School of Medicine says, "Colleen was very typical of most Americans in their lack of knowledge of oral cancer. Awareness and routine screening is particularly important, since early discovery is directly correlated to positive outcomes from treatment." HPV is the most common sexually transmitted disease in the United States. At least 50 percent of American adults will acquire the virus at some point in their lives. HPV16, one of the most destructive strains of the virus, was definitively linked to oral cancer in 2001. Research has also established that the virus, which can easily be transferred, may even be a more significant risk factor than tobacco in the younger portion of the population.

"Colleen is an amazing woman", said Hill. "Even BEFORE she had begun her treatments for the cancer, she contacted me and wanted to become an advocate for early detection and increased awareness. She was clearly taken by surprise to have developed this cancer. Most people at that point in the process are only thinking of themselves, and getting through the really tough treatments successfully. Her willingness to talk publicly about her very personal and painful battle with oral cancer is certainly courageous, and the desire to help others is palpable when you speak with her. Her story and high profile celebrity as a well-known TV actress will have enormous impact educating the public about this deadly and disfiguring disease. This is one of the purest examples of altruistic, celebrity power being used to better other people's lives. We are lucky to have this partnership with Colleen."

Now cancer-free, Zenk Pinter urged viewers of The Early Show to get regular oral cancer screenings. "Your dentist should be doing an oral cancer exam at every visit," Zenk Pinter said. "It's a simple 5 minute, painless exam that may save your life."

The Early Show was only the first of what is on the public awareness schedule for Zenk Pinter. A recent interview with Soap Opera Digest is already on the newsstands, and interviews with other magazines have been scheduled. In December she will film a TV Public Service Announcement on the need for early detection through annual screenings. OCF will distribute the PSA to TV stations across the country at the beginning of 2008.

About Colleen Zenk Pinter

Ms. Zenk Pinter has worked professionally since the age of nine as an actress. Besides her long time association with As the World Turns, in which she has appeared in over 250 episodes, Colleen made her Broadway debut in Bring Back Birdie. Her film debut was in John Huston's adaptation of Annie. Her benevolent and philanthropic association with health causes is not new, and for decades she has donated time to work with the Easter Seals, the March of Dimes, the Cystic Fibrosis Foundation and Bread to Roses, one of the first AIDS hospice programs. For more information about Colleen's background, go to http://www.astheworldturns.net/

The Oral Cancer Foundation, founded in 2000, is a national non-profit charity based in California. The foundation advocates for better public understanding of the disease and engages the medical and dental communities to be more involved in early detection. The foundation maintains a Web site with information for patients, the public, and health care providers at www.oralcancerfoundation.org. It is supported through tax-deductible public donations which can be made at http://www.oralcancerfoundation.org/membership/membership.htm

Cord Blood America Announces Financing


C
ord Blood America, Inc. (BULLETIN BOARD: CBAI) , the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com/) focused on bringing the life saving potential of stem cells to families nationwide and internationally, announced today that it has completed a private placement with institutional investors of 0% Senior Convertible Notes, at an original issue discount of 20%, in an aggregate principal amount of $1.9 Million. Midtown Partners & Co., LLC, was the placement agent in the transaction.

In addition, the Company has also secured a $1 million acquisition line of credit, to be used strictly for acquisition and asset purchases.

"We are enormously pleased by these financings as they allow for us to continue our strategic organic growth focused on exclusive relationships with approved insurance providers," said Matthew Schissler, CEO. "The financings also allow Cord Blood America to move forward with its aggressive accretive acquisition program."

"This is a major milestone for Cord Blood America," Mr. Schissler said. "We are looking forward to keeping our shareholders up-to-date on our achievements now and in the future."

The purchase price for the Convertible Notes consisted of $1M cash and the cancellation of $544K of accrued interest currently due. The Convertible Notes are junior to all outstanding debt, but will have a priority over future debt and are convertible into common stock at $0.03 per share. Pursuant to this transaction, the Company also issued warrants to purchase an additional 48,277,655 shares of its common stock exercisable at $0.037 per share. The details of the financing are contained in the filing with the Securities & Exchange Commission on Form 8-K, which will be available at http://www.sec.gov/.

The securities issued by Cord Blood have not been registered under the Securities Act of 1933 or any state securities laws. Therefore, such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933 and any applicable state securities laws. This press release does not constitute an offer to purchase any securities or a solicitation of an offer to sell any securities.

About Midtown Partners & Co., LLC

Originally founded in May 2000, Midtown Partners & Co., LLC is an investment bank focused on private placement investment banking opportunities. The investment banking group at Midtown Partners & Co., LLC was founded on the premise that client relationships and industry focus are keys to the success of emerging growth companies. Such companies require investment banking services from a firm with a unique understanding of the marketplace and the nature of these transactions. Midtown Partners was the 5th leading U.S. placement agent in number of closed PIPE transactions for 2006 (source Placementtracker.com). Additional information can be found at http://www.midtownpartners.com/.

About Cord Blood America, Inc.

Cord Blood America (BULLETIN BOARD: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (BULLETIN BOARD: CBAI) , visit our website at http://www.corcell.com/. For investor information, visit http://www.cordblood-america.com/.


J
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.Crew Group, Inc. (NYSE:JCG) today announced financial results for the three months (Third Quarter) and nine months (First Nine Months) ended November 3, 2007.

  Third Quarter highlights:

-- Revenues increased 21% to $332.7 million. Store sales (Retail and
Factory) increased 16% to $233.6 million, with comparable store sales
increasing 8%. Realigning last year's calendar weeks to be consistent
with the current year retail calendar weeks would result in a
comparable store sales increase of 5% in the third quarter of fiscal
2007. Comparable store sales increased 19% in the third quarter of
fiscal 2006. Direct sales (Internet and Catalog) rose by 36% to $90.3
million. Direct sales increased 18% in the third quarter of fiscal
2006.
-- Operating income increased 44% to $47.7 million, or 14.3% of revenues,
compared to $33.2 million, or 12.0% of revenues, in the third quarter
of fiscal 2006.
-- Net income available to common stockholders was $26.8 million, or
$0.42 per diluted share, compared to $26.0 million, or $0.40 per
diluted share, in the third quarter of fiscal 2006. The current year
period reflects an effective tax rate of 39.8% as compared to an
effective tax rate of 7.1% in the third quarter of fiscal 2006.
-- Adjusted net income for the third quarter of fiscal 2006 totaled $17.2
million, or $0.27 per diluted share. A reconciliation of net income
on a GAAP basis to adjusted net income is included in Exhibit (3) of
this press release.

Millard Drexler, J.Crew's Chairman and CEO stated: "We are pleased with our third quarter results, which reflect the strength of both our Store and Direct businesses and our ongoing commitment to great style, quality and design. Our focus continues to be on driving high quality earnings growth by investing in the areas where we get superior returns -- improving quality and design, differentiating our assortments and expanding our Store and Direct businesses."

  First Nine Months highlights:

-- Revenues increased 19% to $934.8 million. Store sales (Retail and
Factory) increased 15% to $654.2 million, with comparable store sales
increasing 8%. Realigning last year's calendar weeks to be consistent
with the current year retail calendar weeks would result in a
comparable store sales increase of 6% in the first nine months of
fiscal 2007. Comparable store sales increased 16% in the first nine
months of fiscal 2006. Direct sales (Internet and Catalog) rose by
29% to $251.4 million in the first nine months of fiscal 2007. Direct
sales increased 12% in the first nine months of fiscal 2006.
-- Operating income increased 46% to $129.2 million, or 13.8% of
revenues, compared to $88.3 million, or 11.2% of revenues, in the
first nine months of fiscal 2006.
-- Net income available to common stockholders was $72.1 million, or
$1.13 per diluted share, compared to $27.7 million, or $0.62 per
diluted share, in the first nine months of fiscal 2006.
-- Adjusted net income for the first nine months of fiscal 2006 totaled
$44.7 million, or $0.70 per diluted share. A reconciliation of net
income on a GAAP basis to adjusted net income is included in Exhibit
(3) of this press release.

Balance Sheet highlights as of November 3, 2007:

-- Inventories at the end of the quarter were $210.8 million, reflecting
the impact of 29 net stores opened since the end of the third quarter
of fiscal 2006. Additionally, the 53rd week in fiscal 2006 causes
each quarter in 2007 to begin and end one week later, resulting in
non-comparable point in time inventory increases. The impact of the
calendar shift increased inventory by approximately $15 million at the
end of the quarter.
-- Long-term debt was reduced to $125 million, which reflects the
Company's voluntary principal prepayments of $75 million and $50
million made during the first nine months of fiscal 2007 and the
fourth quarter of fiscal 2006, respectively.

Guidance

The Company's long-term annual financial targets include comparable store sales growth in the mid single-digit range, Direct sales growth in the high single-digits, net square footage expansion in the 7% to 9% range, and diluted EPS growth in excess of 20%.

Based on better than anticipated third quarter results, the Company currently expects fiscal 2007 diluted earnings per share in the range of $1.50 to $1.52, as compared to its previous guidance range of $1.42 to $1.46.

Use of Non-GAAP Financial Measures

In addition to providing financial results in accordance with GAAP, the Company has provided non-GAAP adjusted interest expense, income taxes, net income, preferred stock dividends and earnings per share information for the three and nine months ended October 28, 2006 in this release. This information reflects, on a non-GAAP adjusted basis, the Company's adjusted interest expense, income taxes, net income, preferred stock dividends, weighted average shares outstanding and earnings per share after considering the effects of transactions which resulted from the Company's initial public offering, refinancings and adjusted tax rates. This non-GAAP financial information is provided to enhance the user's overall understanding of the Company's current financial performance. Specifically, the Company believes the non-GAAP adjusted results provide useful information to both management and investors by adjusting the items discussed above that the Company believes are not indicative of future results. The non-GAAP financial information should be considered in addition to, not as a substitute for or as being superior to, net income, earnings per share or other measures of financial performance prepared in accordance with GAAP. This non-GAAP information and a reconciliation of this information to GAAP amounts for the three and nine months ended October 28, 2006 are included in Exhibit (3).

Conference Call Information

A conference call to discuss third quarter results is scheduled for today, November 29, 2007, at 4:30 PM Eastern Time. Investors and analysts interested in participating in the call are invited to dial (888) 802-8577 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.jcrew.com. A replay of this call will be available until December 5, 2007 and can be accessed by dialing (877) 519-4471 and entering code 9473389.

About J.Crew Group, Inc.

J.Crew Group, Inc. is a nationally recognized multi-channel retailer of women's and men's apparel, shoes and accessories. As of November 24, 2007, the Company operates 198 retail stores (including four crewcuts and six Madewell stores), the J.Crew catalog business, jcrew.com, and 61 factory outlet stores. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website www.jcrew.com.

Westinghouse N-Vision Announces 2007-08 Winners of Brighter Future Grant Program


W
estinghouse Electric Company today announced the 2007-08 winners of its N-Visioning a Brighter Future grant program, which awards funding to middle and high schools for creative, hands- on projects.

Administered by the company's speakers bureau, N-Vision, the grant program is designed to encourage both teachers and students to develop projects based on energy, math, science or technology.

The competition is open to all middle and high schools where Westinghouse has a presence. Five schools are awarded $1,000 each to carry out their proposed projects. Winners of the 2007-08 grants are:

  -- Bloomfield High School, Bloomfield, CT
An 11th grade chemistry project, "Nuclear Medicine," will help students
develop an understanding of nuclear chemistry through classroom
activities, lab work and interactive simulations. The students will
apply the knowledge they have gained as they research career
opportunities within the nuclear field.

-- McKeesport High School, McKeesport, PA
The "Green With Envy" project will look at two different energy sources
that can lower carbon dioxide emissions: nuclear power and solar power.
Students will tour a nuclear power plant, assemble solar panels to run
a filter for a classroom pond, and attend a field trip to learn about
"green" buildings.

-- Seneca Valley Intermediate High School, Harmony, PA
Students in 10th grade honors chemistry and algebra will participate in
the project, "Radioactive Decay: An Interdisciplinary Approach."
Lessons will include collecting experimental data on radioactive decay,
determining the half-life of an isotope both algebraically and
graphically, and comparing the results of the two methods.

-- Sharpsville Area Middle School, Sharpsville, PA
In the "Heat of Fusion: I'm Melting, I'm Melting" project, students
will conduct an experiment to determine how much heat is needed to melt
one gram of ice. They will learn to use a temperature probe/sensor to
gather data, and will prepare a lab report that explains their findings.


-- Yough High School, Herminie, PA
Students will measure radon in the lowest level of their homes as part
of the project, "Radiation From the Ground Up!" They will use maps and
geological data to determine if radon levels are related to the
location of the structures, and also conduct research on remediation
strategies.

Westinghouse, a group company of Toshiba Corporation, is the world's pioneering nuclear power company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse technology today is the basis for approximately one-half of the world's operating nuclear plants.

Source: Westinghouse Electric Company

Craft Beer, Signature Cocktails and Organic Wine Top List of Restaurant Beverage Trends, National Restaurant Association Research Finds


N
ew National Restaurant Association research shows that alcohol is among the hottest culinary trends in restaurants. A survey of more than 1,000 professional chefs -- American Culinary Federation members -- ranks craft beer, energy drink cocktails, martinis, mojitos, artisan liquors, organic wine and specialty beer in the top 20 trends. In addition to cocktails and bar drinks, alcohol is also used as an ingredient in cooking and as part of meals and menus through food-alcohol pairings.

"While wine, beer and spirits have always been part of the culinary arts and restaurant menus, specialty alcohol is increasingly popular right now," said Dawn Sweeney, President and CEO of the Association. "As American diners are growing increasingly sophisticated, adult beverages can be an important part of both recipes and meals. Alcohol tasting menus, or flights, are served by more restaurants, and pairing beer and wine with complementary flavors on your plate can very much enhance the dining experience. Our new International Wine, Spirits & Beer Event next spring will highlight all of these trends and allow restaurateurs to explore new ways to please their guests' palates in both dining rooms and bar areas."

"Specialty alcohol, craft and specialty beer in particular, is a very hot trend," said Chef John Kinsella, CMC, CCE, AAC, President of the American Culinary Federation and senior chef instructor at Midwest Culinary Institute in Cincinnati. "Organic wine is also very popular now, and ties into the overall growing trend of organic foods. I'm also seeing additional, innovative culinary uses of alcohol now, including flavoring items with alcohol essence, like we currently are developing with chardonnay-, cabernet- and merlot-flavored iced teas for example."

The overall top trends in culinary uses of alcohol are signature cocktails, closely followed by deglazing/reductions/sauces, food-beer parings and beer sommeliers, as well as food-wine pairings and wine sommeliers.

Conducted in October 2007, the Association's "What's Hot... What's Not" survey asked 1,282 chefs (members of the American Culinary Federation) to rate 194 individual food/beverage items, cuisines and preparation methods as "hot," "cool/passe," or "perennial favorites." The survey reveals that the hottest menu trends include -- in addition to adult beverages -- bite-size desserts and small plates, alternative source ingredients (such as organics, local produce, sustainable seafood, grass-fed and free-range items, and alternative red meats), and ethnic cuisines and flavors.

In this second annual survey, types of alcohol ranked high on the list of cool/passe items -- items that used to be hot trends, but are not anymore -- include fruit/flavored wine, vermouth, mescal and rose/blush wine.

Next year, the National Restaurant Association will debut the International Wine, Spirits & Beer Event -- the industry's first and only professional event focused exclusively on beverage alcohol. The Event will highlight vintners, distillers and brewers in exhibits, food-alcohol pairing demonstrations, and education programming focused on trends in alcohol, and will be held May 19-20, 2008, in conjunction with the 2008 National Restaurant Association Restaurant, Motel-Motel Show(R). For more information, visit http://www.winespiritsbeer.org/.

As the restaurant and hospitality industry's leading trade show, the 2008 Show will offer first-hand opportunities to experience and explore food and beverage trends. The Show's 2,100+ exhibiting companies will provide a window to the future of the restaurant industry, including food and beverage items, innovative equipment and technology. In addition, the Show will feature top culinary competitions, celebrity chefs, and culinary-focused educational opportunities unparalleled by any other industry event. The 2008 Show will be held May 17-20 at McCormick Place in Chicago. For more information, visit http://www.restaurant.org/show.

For full 2007 "What's Hot... What's Not" survey results -- and other consumer and menu trends -- visit the Association's Web site at http://www.restaurant.org/pressroom .

The National Restaurant Association, founded in 1919, is the leading business association for the restaurant industry, which is comprised of 935,000 restaurant and foodservice outlets and a work force of 12.8 million employees -- making it the cornerstone of the economy, career opportunities and community involvement. Along with the National Restaurant Association Educational Foundation, the Association works to represent, educate and promote the rapidly growing industry. For more information, visit our Web site at http://www.restaurant.org/.

The American Culinary Federation, Inc., established in 1929, is the premier professional organization for culinarians in North America. With nearly 20,000 members spanning more than 230 chapters nationwide, ACF is the culinary leader in offering educational resources, training, apprenticeship and accreditation. In addition, ACF operates the most comprehensive certification program for chefs in the United States. ACF is home to ACF Culinary Team USA, the official representative for the United States in major international culinary competitions, and also holds the presidium for the World Association of Chefs Societies, the largest international network of chef associations with more than eight million members globally. For more information, please visit http://www.acfchefs.org/.

As 2007 Atlantic Hurricane Season Ends, Questions Remain


A
s the 2007 Atlantic hurricane season officially comes to a close on November 30, NOAA scientists are carefully reviewing a set of dynamic weather patterns that yielded lower-than-expected hurricane activity across the Atlantic Basin. As a result, the United States was largely spared from significant landfalling storms. However, several noteworthy events took place, including two back-to-back Category 5 hurricanes hitting Central America and the rapid near-shore intensification of the single U.S. landfalling hurricane.


As a whole, the 2007 Atlantic hurricane season produced a total of 14 named storms, including six hurricanes, two of which became major hurricanes. NOAA's August update to the seasonal forecast predicted 13 to 16 named storms - of which seven to nine would be hurricanes, including three to five major hurricanes of Category 3 strength or higher. An average season has 11 named storms, with six becoming hurricanes, including two major hurricanes.

"The 2007 Atlantic hurricane season produced the predicted number of named storms, but the combined number, duration and intensity of the hurricanes did not meet expectations," said Gerry Bell, Ph.D., lead seasonal hurricane forecaster at NOAA's Climate Prediction Center. "The United States was fortunate this year to have fewer strong hurricanes develop than predicted. Normally, the climate patterns that were in place produce an active, volatile hurricane season."

The climate patterns predicted for the 2007 hurricane season - an ongoing multi-decadal signal (the set of oceanic and atmospheric conditions that have spawned increased Atlantic hurricane activity since 1995) and La Nina - produced the expected below-normal hurricane activity over the eastern and central Pacific regions. However, La Nina's impact over the Atlantic was weaker than expected, which resulted in stronger upper-level winds and increased wind shear over the Caribbean Sea during the peak months of the season (August-October). This limited Atlantic hurricane formation during that period. NOAA's scientists are investigating possible climate factors that may have led to this lower-than-expected activity.

All in all, one hurricane, one tropical storm and three tropical depressions struck the United States: Tropical Depression Barry came ashore near Tampa Bay, Fla., on June 2; Tropical Depression Erin hit southeast Texas on August 16 and Tropical Depression Ten came ashore along the western Florida panhandle on Sept. 21; Tropical Storm Gabrielle hit east-central North Carolina on Sept. 9, and Hurricane Humberto hit the upper Texas coast on Sept. 13.

Also this year, the U.S. was reminded of the dangers of inland flooding. "Texas and Oklahoma experienced deadly flooding when Erin dumped up to 11 inches of rain. Fresh water flooding is yet another deadly aspect of tropical cyclones," said Ed Rappaport, acting director of NOAA's National Hurricane Center.

Other noteworthy statistics of the season include:

-- Eight storms formed in the Atlantic Basin during September - tying September 2002 for having the most storm formations during any given month.

-- For the first time in recorded history, two Category 5 hurricanes made landfall in the Atlantic Basin during the same season. Hurricane Dean hit the Yucatan Peninsula near Costa Maya on Aug. 21 with 165 mph winds, followed by Hurricane Felix on Sept. 2, near Punta Gorda, Nicaragua, with 160 mph winds.

-- With a central pressure of 906 millibars, Hurricane Dean had the third lowest pressure at landfall - behind the Labor Day 1935 Hurricane in the Florida Keys and Hurricane Gilbert of 1988 in Cancun, Mexico. Dean is also the first Category 5 hurricane to make landfall in the Atlantic Basin since Hurricane Andrew hit South Florida in 1992.

-- Hurricane Humberto grew from a tropical depression with top winds of 35 mph into a hurricane with winds of 85 mph within 24 hours - only three others storms (Celia 1970, Arlene and Flora 1963) intensified faster during a 24-hour period from below tropical storm strength.

-- NOAA's Climate Prediction Center will release an official summary of the 2007 Atlantic Hurricane Season in January 2008. NOAA will announce its 2008 hurricane outlooks for the Atlantic, East Pacific and Central Pacific in May.

NOAA's Atlantic and East Pacific hurricane outlooks are official products of its Climate Prediction Center in collaboration with scientists at the National Hurricane Center, Hurricane Research Division and the Hydrometeorological Prediction Center. NOAA's Central Pacific Outlook is an official product of the Central Pacific Hurricane Center in Honolulu, Hawaii, and in collaboration with the Climate Prediction Center.

NComputing Announces Availability of $70 Virtual PC Solutions on Ubuntu Linux Operating System


N
Computing, the leading provider of virtual PC solutions, today announced the availability of its products on the open-source Ubuntu Linux operating system. Joining its Windows-based offerings, the NComputing open-source solution allows schools and businesses worldwide to deploy full virtual PC stations, complete with hardware, software, the Ubuntu operating system and the OpenOffice.org productivity suite, at unprecedented low costs by leveraging the excess power of their PCs and open-source license-free software.

This innovative solution, winner of the Wall Street Journal Technology Innovation Award for computer systems, allowed the Republic of Macedonia to fully deploy 180,000 student seats - complete with 15" monitors, shared PCs and all software (including OpenOffice.org), peripherals, installation and training - for less than 25% of the cost of the least expensive PC per-seat deployment.

Counting both Windows and Linux deployments, NComputing is already responsible for almost 5 percent of all new student seat computing purchases in United States K-12 public schools, a remarkable achievement for a company in only its second year of shipping products.

"NComputing has dramatically reduced the cost of PC computing to empower a new generation of users in underserved markets worldwide with affordable PC solutions," said Stephen Dukker, CEO and Chairman of NComputing. "Our virtual PC solutions, when combined with open-source software such as Ubuntu Linux and OpenOffice.org, are hard to beat. Macedonia may represent the largest global educational Linux rollout, but momentum is building rapidly in the US, with major Linux commitments by school districts in such locations as San Diego, Ohio, Indiana, and New York."

"Like most school districts around the world, Macedonia's education system has limited financial and infrastructural resources to address its need to provide all students with access to computers and technology," said Ivo Ivanovski, Macedonia's Minister for the Information Society. "By adopting NComputing's low-cost virtual PC technology bundled with Ubuntu software, Macedonia is taking the lead in providing computer-based education for school children."

The NComputing solution, available with both Linux and Windows operating systems, capitalizes on a simple fact: Today's PCs are so powerful that the vast majority of applications only use a small fraction of their computing capacity. NComputing's virtualization software taps this unused capacity so that it can be simultaneously shared by multiple users. Each user's monitor, keyboard, and mouse are connected to a very small and highly reliable access device, which is then connected to the shared PC. The access device itself has no CPU, memory, or moving parts, and the solution is easy to deploy and maintain. NComputing systems start at $70 per seat and in the past 18 months, over 500,000 NComputing systems have been deployed around the world.

About NComputing, Inc.

Winner of the Wall Street Journal's 2007 Technology Innovation Award, NComputing, Inc. was founded with the goal of making computing affordable for everyone. NComputing is a privately held software and hardware technology design and manufacturing company with offices in Australia, Canada, China, Germany, India, Korea, Mexico, Poland, Russia, the United Kingdom, and the United States. Headquartered in Redwood City, CA, the company's patented technologies drastically lower costs, improve manageability and reduce energy consumption. The current product lines deliver virtual PC computing solutions that are as low as $70 per user, affordable enough for even the smallest organization yet powerful enough for enterprise-scale applications.

Channel 7 is the #1 Station in New York and the Nation in the November 2007 Nielsen Sweep


W
ABC-TV is New York's most watched broadcast station in both Households and Adults 25-54 for the 36th consecutive ratings survey period, delivering a 3.8 rating/10 share in DMA Households, Monday-Sunday Sign-On to Sign-Off in Nielsen's November 2007 sweep, providing WABC-TV with a 23% lead over its nearest competitor. With each rating point representing 73,920 Tri-State area TV households, Channel 7 attracts a larger audience than any other station in the nation.

WABC-TV leads the market in news broadcasts all day long, beginning with the morning news race. WABC-TV's "Eyewitness News This Morning" with Lori Stokes, Ken Rosato and Bill Evans dominates its competition, beating both of its closest competitors at 5am (WCBS-TV & WNBC-TV) by 55% in DMA Households. At 6am, WABC-TV tops its closest competitor (WNBC-TV) by 23% in DMA Households. The margins of victory are larger than in November 2006, when WABC-TV topped WNBC-TV by 6% at 5am and by 3% at 6am.

"Eyewitness News This Morning" is equally dominant among Adults 25-54, where its 5am rating is more than any two competitors combined, and its 6am rating is 91% greater than that of its closest competitor (WCBS-TV).

At Noon, "Eyewitness News" with Lori Stokes, Ken Rosato and Bill Evans is more than double its competition on WCBS-TV in DMA Households, and draws more than three times as many Women 25-54 viewers.

WABC-TV's "Eyewitness News at 5pm" with Diana Williams, Sade Baderinwa and Lee Goldberg outdelivers 2nd-place WCBS-TV by +40% in DMA Households and 115% among Adults 25-54. WABC-TV's rating among Adults 25-54 is higher than the combined deliveries of "CBS2 News at 5," WNYW-TV's "Fox News at 5" and WNBC-TV's "Newschannel 4 at 5:30."

"Eyewitness News" continues its domination of the competition at 6pm with the Mon-Fri "Eyewitness News at 6pm" with Bill Ritter, Liz Cho, Lee Goldberg and Scott Clark. WABC-TV tops closest competitor "CBS2 News at 6pm" by 76% in DMA Households and more than doubles WCBS-TV's delivery in Adults 25-54. November 2007 marks the 47th consecutive ratings survey period that WABC-TV finished an outright #1 in Households for M-F 6pm newscasts.

The Mon-Fri "Eyewitness News at 11pm" featuring Bill Ritter, Liz Cho, Lee Goldberg and Scott Clark completes the total weekday victory for WABC-TV's "Eyewitness News". WABC-TV wins the 11pm Late News race in DMA HH and Adults 25-54, beating WCBS-TV by 21% and 68%, respectively; and beating WNBC-TV by 43% and 106%, respectively. These margins of victory for WABC-TV at 11pm are all higher than in November 2006, when WABC-TV topped WCBS-TV in DMA HH & A25-54 by 15% and 27%, respectively, and beat WNBC-TV by 7% in DMA HH and 10% in Adults 25-54.

Source: NY Nielsen LPM Live Only Overnights 11/1/07-11/28/07 & 11/2/06-
11/29/06.


On weekend mornings, "Eyewitness News" with Michelle Charlesworth, Phil Lipof and Jeff Smith delivers the key Adult 25-54 demographic. On Saturday, "EWN" from 6-8am posts a 1.3 A25-54 rating, 63% more than WCBS-TV's 6-7am newscast and 333% more than WNBC-TV's 6am newscast. On Sunday morning, the "EWN" combination of 6-8am and 9-10a delivers a 1.1 A25-54 rating, 57% greater than WCBS-TV's Sunday morning 6-9am news programming and 38% more than WNBC- TV's 7-8:30am news programming.

At 11pm on Sunday nights, "Eyewitness News at 11pm," featuring Joe Torres, Sandra Bookman, Heidi Jones and Marvell Scott, continues the dominance that WABC-TV and "Eyewitness News" demonstrate during the week. WABC-TV outdelivers 2nd-place WCBS-TV by 56% in DMA Households. In Adults 25-54, WABC-TV holds a 125% advantage over "CBS2 News at 11pm."

On Mon-Fri 6:30-7pm, "ABC's World News Tonight" with Charles Gibson holds a commanding lead over its network news competitors with a 73% Household advantage over WNBC-TV's "NBC Nightly News," and a 113% lead over WCBS-TV's "CBS Evening News."

In Primetime, WABC-TV is #1 with 6 of the top 10 regularly scheduled programs in Households. WABC-TV also boasts 7 of the top 10 regularly scheduled Primetime shows among Adults 25-54, and 8 of the top 10 among Women 25-54. WABC-TV's overall Primetime average of a 7.0 in Households tops 2nd-ranked WCBS-TV by 8%. Among Adults 25-54, WABC-TV's 3.8 rating ranks #1 and is 23% higher than #2 WCBS-TV.

In the daytime hours, "Live! with Regis & Kelly" continues to lead all others with a Household rating that is higher than any other non-news program from 9am-4pm. "Live!" joins WABC-TV's syndicated programs "Rachel Ray", "Millionaire", "Oprah", "Jeopardy" and "Wheel of Fortune" in continuing to be the #1 programs in their respective time periods in Households and most key demographics, including Adults and Women 25-54.

WABC-TV, Channel 7, is the ABC, Inc. Owned Television Station in New York City.

Source: NY Nielsen LPM Live Only Overnights 11/1/07-11/28/07 & 11/2/06-
11/29/06.



WABC-TV HH RATING
Nov'07 Nov'07 % ADVANTAGE OVER
Program DMA HH RANK WCBS-TV WNBC-TV WNYW-TV
RTG/SHR
Sign-on to

Sign-off M-Su 6:00-2:00am 3.8/10 #1 23% 52% 111%

Eyewitness
News This
Morning 5am M-F 5:00-6:00am 1.7/12 #1 55% 55% 325%
Eyewitness
News This
Morning 6am M-F 6:00-7:00am 3.2/14 #1 52% 23% 220%
Good Morning
America M-F 7:00-9:00am 3.8/13 #2 124% --- 245%
Live! with
Regis &
Kelly M-F 9:00-10:00am 4.3/16 #1 291% 59% 760%
Rachael Ray M-F 10:00-11:00am 3.1/12 #1 288% 82% 675%
The View M-F 11:00am-12:00pm 4.2/17 #1 83% 282% 740%
Eyewitness
News at
Noon M-F 12:00-12:30pm 4.9/19 #1 104% NA* 880%
Afternoon
Rotation M-F 12:00-4:00pm 2.5/9 #1 19% 127% 108%
Oprah
Winfrey M-F 4:00-5:00pm 5.3/14 #1 4% 657% 194%
Eyewitness
News 5pm M-F 5:00-6:00pm 6.6/15 #1 40% 187%* 340%
Eyewitness
News 6pm M-F 6:00-6:30pm 6.5/14 #1 76% 97% 400%
Eyewitness
News 6pm M-Su 6:00-6:30pm 6.3/13 #1 70% 91% 320%
ABC's World
News
Tonight M-F 6:30-7:00pm 6.4/13 #1 113% 73% NA*
Jeopardy! M-F 7:00-7:30pm 7.5/14 #1 79% 188% 369%
Wheel of
Fortune M-F 7:30-8:00pm 7.3/13 #1 70% 170% 265%
Primetime M-Sa 8:00-11:00pm/
Su 7:00-11:00pm 7.0/11 #1 8% 56% 84%**
Eyewitness
News 11pm M-F 11:00-11:35pm 6.3/12 #1 21% 43% 110%**
Eyewitness
News 11pm M-Su 11:00-11:35pm 6.7/13 #1 31% 49% 123%**

* WNBC-TV does not air news at Noon or 5pm, and its 5:30pm news is listed
here as being at 5pm; WNYW-TV does not air network news
** WNYW-TV Prime airs M-Sa 8-10pm/Su 7-10pm & Late News airs 10-11pm

Source: NY Nielsen LPM Live Only Overnights 11/1/07-11/28/07.



FINAL NIELSEN AVERAGES


NOV'07 NOV'06
DMA HH DMA HH
MON.- FRI. PROGRAMMING RTG/SHR RTG/SHR

WABC-TV M-Su 6am-2am 3.8/10 4.3/11
WCBS-TV M-Su 6am-2am 3.1/8 3.3/8
WNBC-TV M-Su 6am-2am 2.5/7 3.2/8
WNYW-TV M-Su 6am-2am 1.8/5 1.9/5
WPIX-TV M-Su 6am-2am 1.6/4 1.7/4
WWOR-TV M-Su 6am-2am 0.7/2 0.9/2

WABC Eyewtns News-Early 5-6am 1.7/12 1.7/11
WCBS CBS2 News Morning 5-6am 1.1/8 0.7/4
WNBC Today New York 1 5-6am 1.1/8 1.6/10
WNYW Good Day Wakeup 5-6am 0.4/3 0.5/3
WPIX WB11 Morning News 5-6am 0.8/5 1.4/9

WABC Eyewtns News-Morn 6-7am 3.2/14 3.1/14
WCBS CBS2 News Morning 6-7am 2.1/9 1.3/6
WNBC Today New York 2 6-7am 2.6/12 3.0/13
WNYW GDNY 1st Edition 6-7am 1.0/5 1.7/7
WPIX WB11 Morning News 6-7am 1.4/6 1.6/7

WABC Good Morning America 3.8/13 4.0/13
WCBS CBS Early Show 7 & 7:30am 1.7/6 1.2/4
WNBC Today Show 4.3/15 4.0/13
WNYW Good Day NY 1.1/4 1.9/6
WPIX WB11 Morning News 1.4/5 1.6/5
WABC Live! With Regis & Kelly 9am 4.3/16 4.7/17
WABC Rachael Ray 10am 3.1/12 3.4/13
WABC The View 11am 4.2/17 4.1/16
WCBS ET/Insider 9am/9:30am 1.1/4 1.0/4
WNBC Today Show 2 9am 2.7/10 2.4/9
WNBC Today Show 3 10am 1.7/7 1.6/6*
WNBC Ellen 11am 1.1/4 0.6/2*
WNYW Morning Show 9am 0.5/2 1.0/3*

WABC Eyewitness News at Noon 4.9/19 4.7/17
WCBS CBS2 News Noon 2.4/9 2.9/11
WNYW Fox 5 Live 11am 0.5/2 0.8/3
WABC Who Wants To Be A Millionaire 4.2/16 3.7/14
WNBC Martha 1pm 0.8/3 1.8/6*

WABC Oprah Winfrey 5.3/14 6.9/17
WCBS Judge Judy 4-5pm 5.1/14 3.9/10
WNBC Crosswords/Acc Hollywood 0.7/2 2.0/5*
WCBS Dr Phil 3pm 3.1/10 3.8/12
WNBC Judge Joe Brown 3pm 1.2/4 1.7/5

* denotes that a different show aired in the time period

Source: NY Nielsen LPM Live Only Overnights 11/1/07-11/28/07 & 11/2/06-
11/29/06



FINAL NIELSEN AVERAGES

NOV'07 NOV'06
DMA HH DMA HH
MON.- FRI. PROGRAMMING RTG/SHR RTG/SHR

WABC 5pm Eyewitness News 6.6/15 6.7/15
WCBS CBS2 News at 5 4.7/11 3.1/7
WNBC Extra 1.3/3 3.9/9
(Nov'06 5-6p
news)*
WNBC Newschannel 4 at 530p 2.3/5 3.9/9
(Nov'06 5-6p
news)*
WNYW Fox5 News at 5 1.5/3 1.9/4

WABC 6pm Eyewitness News 6.5/14 6.9/14
WCBS CBS2 News at 6 3.7/8 3.3/7
WNBC NewsChannel 4 at 6 3.3/7 4.0/8
WNYW Fox5 News at 6 1.3/3 1.7/4

WABC ABC World News Tonight 6.4/13 7.0/13
WCBS CBS Evening News 3.0/6 3.1/6
WNBC NBC Nightly News 3.7/7 4.8/9

WABC Jeopardy! 7.5/14 9.7/18
WABC Wheel of Fortune 7.3/13 8.5/15
WCBS Insider 4.2/8 3.8/7
WCBS Entertainment Tonight 4.3/8 4.5/8
WNBC NY Nightly News 2.6/5 3.8/7*
WNBC Access Hollywood 2.7/5 3.6/6
WNYW The Simpsons 1.6/3 2.4/4
WNYW Seinfeld 2.0/4 2.5/4
WWOR King of Queens 1.4/3 1.7/3
WWOR King of Queens 1.8/3 1.9/3
WPIX Two and a Half Men 3.2/6 1.9/3*
WPIX Family Guy 2.8/5 2.4/4*

WABC M-Su. Prime 7.0/11 7.6/12
WCBS M-Su. Prime 6.5/11 7.3/12
WNBC M-Su. Prime 4.5/7 6.4/10

WABC 11pm Eyewtns News M-F 6.3/12 6.2/11
WCBS CBS2 News at 11 M-F 5.2/10 5.4/10
WNBC NewsChannel 4 at 11 M-F 4.4/8 5.8/11

WABC 11pm Eyewtns News M-Su 6.7/13 6.6/12
WCBS CBS2 News at 11 M-Su 5.1/10 5.3/10
WNBC NewsChannel 4 at 11 M-Su 4.5/9 5.7/11

* denotes that a different show aired in the time period

Fred Thompson Joins Major Business Groups for Presidential Town Hall


T
he National Federation of Independent Business, the National Restaurant Association and Associated Builders and Contractors host former Tennessee Sen. Fred Thompson for the fourth of their 2008 presidential election "Town Halls" on Monday, Dec. 3 at 2:00 p.m. Eastern Time.

U.S. Sen. John McCain kicked off the series on Oct. 16, followed by former New York Mayor Rudy Giuliani on Oct. 30 and former Massachusetts Gov. Mitt Romney on Nov. 6.

The Presidential Town Halls are an exciting new venture for NFIB, NRA and ABC, utilizing teleforums that provide an effective way for the organizations' members to hear from and interact with candidates and elected officials. The town halls function much like a radio call-in show, and members who join the call will have a chance to ask presidential candidates questions live on the air. The events are for members only.

In addition to the four confirmed participants, U.S. Sen. Hillary Clinton, former U.S. Sen. John Edwards, U.S. Sen. Barack Obama and New Mexico Gov. Bill Richardson were also invited to speak in the series. The host organizations continue to work to secure these candidates' participation.

The National Federation of Independent Business

NFIB is the nation's leading small-business advocacy association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small- and independent-business owners a voice in shaping the public policy issues that affect their business. NFIB's powerful network of grassroots activists send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America's free enterprise system. NFIB's mission is to promote and protect the right of our members to own, operate and grow their businesses. More information about NFIB is available online at www.NFIB.com/newsroom.

The National Restaurant Association

The National Restaurant Association, founded in 1919, is the leading business association for the restaurant industry, which is comprised of 935,000 restaurant and foodservice outlets and a work force of 12.8 million employees - making it the cornerstone of the economy, career opportunities and community involvement. Along with the National Restaurant Association Educational Foundation, the Association works to represent, educate and promote the rapidly growing industry. For more information, visit our Web site at www.restaurant.org.

Drew Industries Announces Stock Buyback Program


D
rew Industries Incorporated (NYSE:DW) today announced that its Board of Directors authorized a stock repurchase of up to 1,000,000 shares of the Company's Common Stock.

The Company is authorized to purchase shares from time to time in the open market, or privately negotiated transactions, or block trades. The number of shares ultimately repurchased, and the timing of the purchases, will depend upon market conditions, share price, and other factors. The Company has 21,932,849 shares of Common Stock outstanding.

"The stock repurchase authorization demonstrates the confidence of our Board and Management in the growth of our Company. Because of our strong balance sheet and cash flow, the repurchase should not affect our ability to make acquisitions and generate internal growth," said Leigh J. Abrams, President and Chief Executive Officer.

It is anticipated that the stock repurchase will be funded using the Company's available cash. As of November 29, 2007, the Company had cash and cash equivalents in excess of $50 million and debt of $41 million.

About Drew

Drew, through its wholly owned subsidiaries, Kinro and Lippert Components, supplies a broad array of components for RVs and manufactured homes. Drew's products include vinyl and aluminum windows and screens, doors, chassis, chassis parts, RV slide-out mechanisms and power units, leveling devices, bath and shower units, axles, bed lifts, steps, electric stabilizer jacks, ramp doors, exterior panels, and suspension systems, as well as trailers for hauling equipment, boats, personal watercraft and snowmobiles, and chassis and windows for modular homes and offices. Currently, from 35 factories located throughout the United States, Drew serves most major national manufacturers of RVs and manufactured homes in an efficient and cost-effective manner. Additional information about Drew and its products can be found at http://www.drewindustries.com/.

ViewPoint Financial Group Completes Stock Repurchase Program


V
iewPoint Financial Group (NASDAQ:VPFG) (the "Company"), the holding company for ViewPoint Bank, today announced the completion of its program to repurchase up to 580,247 shares of its outstanding common stock in the open market. These shares were purchased at prevailing market prices from October 30, 2007, through November 27, 2007.

As of September 30, 2007, the Company had consolidated total assets of $1.63 billion and shareholders' equity of $211.6 million.

About ViewPoint Financial Group

ViewPoint Financial Group is the holding company for Plano-based ViewPoint Bank. ViewPoint Bank is the largest bank based in Collin County and operates 30 branches and 9 loan production offices, including 6 offices added in a September 2007 acquisition by the Bank's mortgage subsidiary. For more information, please visit http://www.viewpointbank.com/.

This report may contain statements relating to the future results of the Company (including certain projections and business trends) that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Such forward-looking statements, in addition to historical information, which involve risk and uncertainties, are based on the beliefs, assumptions and expectations of management of the Company. Words such as "expects," "believes," "should," "plans," "anticipates," "will," "potential," "could," "intend," "may," "outlook," "predict," "project," "would," "estimates," "assumes," "likely," and variations of such similar expressions are intended to identify such forward-looking statements. Examples of forward-looking statements include, but are not limited to, possible or assumed estimates with respect to the financial condition, expected or anticipated revenue, and results of operations and business of the Company, including earnings growth; revenue growth in retail banking, lending and other areas; origination volume in the Company's consumer, commercial and other lending businesses; current and future capital management programs; non-interest income levels, including fees from banking services as well as product sales; tangible capital generation; market share; expense levels; and other business operations and strategies. For this presentation, the Company claims the protection of the safe harbor for forward-looking statements contained in the PSLRA.

Factors that could cause future results to vary from current management expectations include, but are not limited to, changing economic conditions; legislative and regulatory changes; monetary and fiscal policies of the federal government; changes in tax policies; rates and regulations of federal, state and local tax authorities; changes in interest rates; deposit flows; the cost of funds; demand for loan products; demand for financial services; competition; changes in the quality and composition of the Company's loan and investment portfolios; changes in management's business strategies; changes in accounting principles, policies or guidelines; changes in real estate values and other factors discussed elsewhere in this report and factors set forth under Risk Factors in our Annual Report on Form 10-K.

Bionovo Describes a New Class of Therapeutic Compounds


B
ionovo, Inc. (NASDAQ:BNVI) announced today the publication of a groundbreaking paper in the journal Molecular and Cellular Endocrinology covering the isolation, identification and description of a pure chemical compound, liquiritigenin, which represents a new class of therapeutic compounds showing promise for the safe treatment of menopausal symptoms. Liquiritigenin is an active ingredient in Bionovo's drug candidate, MF101, which just successfully completed a Phase 2 study, and is now being prepared for pivotal Phase 3 testing.

The paper, entitled "Liquiritigenin is a plant-derived highly selective estrogen receptor beta agonist" provides details of the selective transcriptional activation of liquiritigenin to the estrogen receptor beta, highlights the advantages of an estrogen receptor beta targeted drug and discusses the isolation and structural identification of the pure chemical compound from Bionovo's MF101.

In brief, the currently available estrogen therapies used to treat menopausal symptoms are non-selective to both of the two known estrogen receptors, alpha and beta. Because of this non-selectivity, all estrogens marketed to treat menopausal symptoms have the potential to cause elevated risks for breast and uterine cancers due to the proliferative effects on breast and uterine tissues mediated through the estrogen receptor alpha. Selective activation of the estrogen receptor beta, however, does not lead to proliferation of MCF-7 breast cancer cell lines or an increase for uterine cancer in mouse xenograph models. Bionovo is taking advantage of the differential effects caused by the two estrogen receptors on cancer formation by developing selective estrogen receptor beta drugs. The mechanism of action of MF101 as a selective estrogen receptor beta therapy may provide a safer, long-term alternative to treat menopausal symptoms.

"Our study findings show a pure chemical compound from MF101 that is selective to the estrogen receptor beta which could lead to multiple novel therapies for the treatment of common conditions such as menopausal hot flashes, vaginal dryness and osteoporosis," said Dale Leitman, M.D., Ph.D., Center for Reproductive Sciences, University of California, San Francisco, principal investigator of the study and member of Bionovo's Scientific Advisory Board. "Unlike any of the drugs we currently prescribe to women, MF101 and liquiritigenin are highly selective to the estrogen receptor beta, and from a mechanistic standpoint, they could be safer drugs to treat many symptoms of menopause."

"We are very pleased to have advanced our ability to characterize MF101 by isolating this chemical compound and this new discovery will significantly strengthen our intellectual property position for our lead compound," added Isaac Cohen, chairman and CEO of Bionovo. "Given the increasing population of women entering menopause, and the lack of safe and effective treatments for these women, we are excited to be on the forefront of developing more selective and safer alternative drugs for this enormous indication."

About MF101

MF101 is an oral drug designed for the treatment of hot flashes and night sweats in peri-menopausal and menopausal women. MF101 is a novel estrogen receptor beta selective agonist and unlike currently available hormone therapies, does not activate the estrogen receptor alpha, known to be implicated in tumor formation. Two hundred and seventeen women were enrolled into a double-blind, placebo-controlled, randomized Phase 2 clinical trial under the directorship of Dr. Deborah Grady in early 2007. Trial results showed that MF101 10 grams/day was statistically superior to placebo at reducing hot flashes and was extremely well tolerated with no serious side effects.

Bionovo, Inc.

Bionovo is a pharmaceutical company focused on the discovery and development of safe and effective treatments for women's health and cancer, markets with significant unmet needs and billions in potential annual revenue. The company applies its expertise in the biology of menopause and cancer to design new drugs derived from botanical sources which have novel mechanisms of action. Based on the results of early and mid-stage clinical trials, Bionovo believes they have discovered new classes of drug candidates within their rich pipeline with the potential to be leaders in their markets. Bionovo is headquartered in Emeryville, California and is traded on the NASDAQ Capital Market under the symbol, "BNVI". For more information about Bionovo and its programs, visit: http://www.bionovo.com/.

TouchStone Announces Dealer Expansion


T
ouchStone Accent Lighting(R) announced today that it has recently added to its exclusive dealer network in both the Kansas City and St. Louis markets. TouchStone Accent Lighting of Kansas City and TouchStone Accent Lighting of St. Louis are independent dealers selling TouchStone products exclusively, while offering full-service design and installation capabilities.


Ralf Schlaefli, principal of TouchStone Accent Lighting of St. Louis, commented: "TouchStone provided a great fit for us, offering premium quality products combined with the training to successfully operate a landscape lighting business. We are very pleased with the result and the outlook." John Steeb from Kansas City echoed: "TouchStone has already done what they teach. Great products focusing on the effects, and years of proven applications. I saw this as a great opportunity."

TouchStone - St. Louis (Ralf Schlaefli, principal) 314-486-0867
TouchStone - Kansas City (John Steeb, principal) 913-789-7283


The company continues to expand its dealer network in key markets across the US with only the best candidates in the industry.

TouchStone Accent Lighting(R), Inc. manufactures and markets premium low voltage landscape lighting products for the residential market and select commercial markets. In addition to distributing nationally through its wholesale division, TouchStone is the only manufacturer of landscape lighting systems that also operates a retail installation division in Minnesota and Arizona, boasting several thousand residential and commercial installations. TouchStone trained Illuminologists(TM) provide a full range of landscape lighting capabilities including design, installation and service. http://www.touchstonelights.com/ or 888-475-2112.

AtriCure to Present at BMO Capital Markets 2007 Healthcare Conference


A
triCure, Inc. (NASDAQ:ATRC) , a medical device company and leader in cardiac surgical ablation systems, announced today that David J. Drachman, President and Chief Executive Officer, is scheduled to present at the BMO Capital Markets 2007 Healthcare Conference at the Millennium Broadway Hotel in New York City on Tuesday, December 4th, at 10:00 a.m. ET.

A live web cast and recording of the presentation will be available for 30 days following the presentation on AtriCure's Investor Relations page at www.atricure.com.

About AtriCure, Inc.

AtriCure, Inc. is a medical device company and leader in developing, manufacturing and selling innovative cardiac surgical ablation systems designed to create precise lesions, or scars, in cardiac, or heart, tissues. Medical journals have described the adoption by leading cardiothoracic surgeons of the AtriCure Isolator(R) bipolar ablation clamps as a treatment alternative during open-heart surgical procedures to create lesions in cardiac tissue to block the abnormal electrical impulses that cause atrial fibrillation, or AF, a rapid, irregular quivering of the upper chambers of the heart. Additionally, leading cardiothoracic surgeons have described the AtriCure Isolator(R) clamps as a promising treatment alternative for patients who may be candidates for sole-therapy minimally invasive procedures. AF affects more than 2.5 million Americans and predisposes them to a five-fold increased risk of stroke.

The FDA has cleared the AtriCure Isolator(R) bipolar ablation system, including the new Isolator Synergy(TM) ablation clamps, for the ablation, or destruction, of soft tissues in general and cardiac related surgical procedures, but to date has not cleared or approved the system for the treatment of AF. The FDA has cleared the AtriCure multifunctional bipolar Pen for the ablation of cardiac tissue and for temporary pacing, sensing, stimulating and recording during the evaluation of cardiac arrhythmias, but the multifunctional bipolar Pen has not been approved for the treatment of AF. AtriCure's left atrial appendage clip system has not been approved for commercial use. It is currently being used in clinical evaluations in Europe.

ViewSonic Launches Globalization Initiative

ViewSonic(R) Corporation, a leading global provider of visual display products, announced today a new initiative designed to streamline its leadership and operations to maximize its global efficiency, responsiveness and growth. The consolidation and integration of the leadership and support functions of ViewSonic's three operating regions will better leverage the company's global brand strength, operations and competitiveness.

As part of the initiative, Alan Chang, the managing director of ViewSonic Asia Pacific, assumes the duties of managing director of ViewSonic EMEA and ViewSonic Americas. Chang takes on his new responsibilities from Matthew Milne, who recently left ViewSonic, and Jan Jensen who will be leaving the company. Chang brings more than 20 years of technology marketing and business management experience, including the last six at ViewSonic Corporation.

In each region, Chang will be supported by strong and experienced sales and marketing executive teams that have helped build ViewSonic into a display leader and reseller channel advocate in more than 100 countries around the world.

"In order to compete and succeed in this day and age, a global vision and approach is imperative. We will focus on integrating the Americas, European and Asia Pacific regions into one cohesive operation that utilizes global best practices in sales, marketing and back office support," said James Chu, Chairman and CEO of ViewSonic Corporation. "We believe this three-to-one integration will not only lower operating costs and increase competitiveness, but also better serve our local markets and customers."

In addition, ViewSonic has created a focused division, VTV, to expand upon its initial success and increase its growth in the LCD TV and digital signage markets. The VTV group will leverage ViewSonic's heritage as a leader in the traditional computer display market and its customer intimacy and deep-seated relationships with a select number of key suppliers to deliver leading technology, performance and value in the highly competitive TV market. Steve Woo, technology industry veteran, will lead the VTV group as vice president and general manager.

Last, Rebecca Tsen, managing director of ViewSonic China, will now also manage the ViewSonic Global Support Center in Wuhan, China. The consolidation of ViewSonic's global back office support and other functions in the center is designed to allow the company to realize improved costs and efficiencies, while yielding better response times and communication due to its proximity to the company's supply base.

This new structure is designed to allow the company to respond more quickly to the needs of customers and partners, develop and commercialize new and emerging technologies, and bring products to market more quickly and efficiently.

About ViewSonic

ViewSonic(R) Corporation is a leading global provider of visual display products. ViewSonic develops, markets and supports a broad range of innovative products including LCD monitors, LCD TVs, projectors, digital signage displays and other display products. For further information, please contact ViewSonic Corporation at 800.888.8583 or 909.444.8888; or visit www.ViewSonic.com.

Pennsylvania American Water's Rate Case Approved

Today, the Pennsylvania Public Utility Commission (PUC) approved a settlement of Pennsylvania American Water's rate case.

The settlement, which was reached among the company and the PUC's Office of Trial Staff, the Office of Consumer Advocate, Office of Small Business Advocate and other parties, calls for an overall increase of $36 million per year, or an 8.9 percent increase. This includes a portion of a surcharge that customers have already been paying related to the Distribution System Improvement Charge (DSIC). When factoring in the higher level of DSIC that customers are currently paying, the effective overall increase of the settlement is 6.5 percent. This is the first increase the company has received in base rates since 2004.

"Delivering quality water service requires continued investment to replace aging infrastructure and make the necessary system upgrades to meet drinking water standards," said Kathy Pape, president, Pennsylvania American Water. "It has been four years since we have had a change in our base rates, and we have invested nearly a half billion dollars in that time frame. With the Commission's decision today, we will be able to recover costs related to those investments."

The need for a rate change was driven primarily by the $490 million the company has invested in its treatment and distribution facilities from January 2004 through the end of 2007 to assure the delivery of high-quality water service.

Examples of projects completed across the state during that time frame include:

  -- replacing more than 260 miles of pipeline
-- building new storage facilities to ensure reliability of service
-- constructing improvements to our treatment plants
-- installing pump stations to improve water pressure
-- replacing two treatment plants with one facility
-- enhancing municipal fire service by installing new or replacement
fire hydrants
-- installing new or replacement customer meters
-- implementing or upgrading the company's monitoring control systems,
which enables plant operations and distribution facilities to be
monitored from a centralized location.

For the average residential customer who uses 4,500 gallons per month, the settlement will result in an increase of $2.70 per month in current rates. The new rates will become effective on November 30, 2007. "Even with this rate adjustment, at less than a penny a gallon, water will remain a good value for our customers," said Pape.

As part of the settlement, the company is enhancing its customer assistance program, called the H2O-Help to Others program, by increasing the company match from $100,000 to $150,000.

For more than 15 years, Pennsylvania American Water has been assisting low-income customers who qualify for its H2O program, which comprises three main components:

  -- Grants of up to $500 per year: In 2006, the company provided a combined
$197,000 in assistance grants to 526 individuals and families.
-- Discount on the monthly service fee: By December 2006, more than 4,800
customers were enrolled in this program. Currently, the discount is 50
percent of the monthly service fee. As part of the settlement, the
company will be increasing the discount to 65 percent.
-- Water-saving devices and education.

MSExchange.org Readers Choose Captaris RightFax as Preferred Exchange Fax Connector

Captaris, Inc. (NASDAQ:CAPA) , a leading provider of software products that automate document-centric processes, today announced that Captaris RightFax is the winner in the Exchange Fax Connectors category of the MSExchange.org Readers' Choice Awards. RightFax was chosen by readers of the publication who are specialists in working with Exchange solutions.

"Our Readers' Choice Awards give visitors to our site the opportunity to vote for the products they view as the very best in their respective category," said Sean Buttigieg, MSExchange.org manager. "MSExchange.org users are specialists in their field who encounter various solutions for Exchange Server at the workplace. Their vote serves as a solid peer-to-peer recommendation of the winning product."

Regular polls are conducted to discover which product is preferred by Exchange administrators in a particular category of third party solutions for Microsoft Exchange Server. The awards draw a huge response per category and are based entirely on the visitors' votes.

"We are extremely pleased by the recognition given to RightFax by these Microsoft Exchange Server experts," said Paul Yantus, Captaris executive vice president of marketing and product development. "Captaris products, including RightFax, Alchemy and Workflow, are designed to integrate easily into a Microsoft environment enabling end users to more efficiently manage their business processes.

About Captaris Inc.

Captaris, Inc. is a leading provider of software products that automate business processes, manage documents electronically and provide efficient information delivery. The products of Captaris and its subsidiary Castelle, including Captaris RightFax, Captaris Workflow, Captaris Alchemy and the Castelle FaxPress line of products, are distributed through a global network of leading technology partners. We have customers in financial services, healthcare, government and many other industries, and our products are installed in all of the Fortune 100 and many Global 2000 companies. Headquartered in Bellevue, Washington, Captaris was founded in 1982 and is publicly traded on the NASDAQ Global Market under the symbol CAPA. For more information please visit http://www.captaris.com/.

Planet Organic Health Corp Announces First Quarter Financial Results

PLANET ORGANIC HEALTH CORP (TSX Venture Exchange - POH), Canada's leading natural products retailer announces their financial results for the quarter ended September 30, 2007. Sales increased 130.2% to $25.7 million for the quarter versus $11.2 million for the same period last year. EBITDA increased 47.1% to $1.4 million compared to $927,064 for the same period last year. These increases were driven by acquisitions, store expansions, and same-store sales growth.

"Our retail divisions continue to focus on gaining market share," reports Darren Krissie, CFO of the Company.

  Summary of Q1 Fiscal 2008 Financial Results

Fiscal 2008 Fiscal 2007

Sales 25,742,373 11,182,096
Cost of Goods Sold 15,484,307 6,845,321
Gross Profit 10,526,638 4,553,163
SGA 9,163,138 3,626,099
Amortization 348,443 230,190
Interest 1,010,343 48,964
Stock Based Compensation 305,912 0
Foreign Exchange Gain 877,517 0
EBITDA 1,363,500 927,064
Earnings before Tax 576,319 647,910
Net Income 460,479 397,910
Cash Flow from Operations
(before changes in non-cash working
capital accounts) 749,017 609,014

Please see the Company's Q1 consolidated financials for further data. EBITDA reported above is a non-GAAP measure and is earnings before interest, taxes, depreciation, amortization, stock-based compensation and foreign exchange gains or losses.

For further financial information and a copy of our first quarter report, please visit our website at www.planetorganichealthcorp.com or www.sedar.com.

ABOUT PLANET ORGANIC

Planet Organic Health Corp. (TSX-V: POH), is a natural products industry company, comprising manufacturing, distribution and retail. Planet is listed on the TSX Venture Exchange as a Tier One company. Planet operates eight natural food supermarkets throughout Canada under the Planet Organic Market banner and eleven natural food supermarkets in the U.S. under the Mrs Green's Natural Markets banner. The Company also operates 48 natural health outlets under the Sangster's Health Centre banner and seven natural health outlets under the Healthy's banner. Another POHC company, Trophic Canada is the country's leading manufacturer of natural supplements. The Company has a total of 63 stores throughout Canada and 11 in the U.S.

Thomson Scientific Publishes its Third Quarter Issue of the Ones to Watch Reviewing the Most Promising Drugs in the Pharmaceutical Pipeline

homson Scientific, part of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information solutions to the worldwide research and business communities, has issued its quarterly The Ones-to-Watch report. It provides expert insight into the five most promising drugs entering each new phase of clinical development between July and September 2007.

"Bookending this quarter's list are three potential treatments for Alzheimer's disease, two of which are just entering clinical trials and one that has already received FDA approval," said Peter Robins, editorial and content manager, Thomson Scientific. "This quarter's The Ones to Watch report showcases the ongoing drive to find therapies for diseases that impact on ageing and sedentary populations."

Which are the Ones-to-Watch this Quarter?

Topping this quarter's approval list is Exelon TDS, a new transdermal patch formulation of rivastigmine, which looks like a winner for Novartis. In the seven years since its launch, the oral formulation of rivastigmine has seen year-on-year US dollar growth as a treatment of Alzheimer's disease - and Parkinson's disease- associated dementia. The FDA approved Exelon TDS for mild to moderate dementia in July 2007. The EU approval followed two months later. The U.S. launch is expected imminently.

Second on the list is AZOR, which was developed by Daiichi Sankyo for the treatment of hypertension and includes a combination of two component drugs. In previous Phase III trials, all doses of the combination produced greater mean reductions in blood pressure than either drug alone. This, along with its favorable side-effect profile, should make AZOR an attractive treatment option for patients whose blood pressure does not respond to either component drug in isolation. U.S. approval was granted in September 2007.

While the reason for menopause remains unknown, KV Pharmaceutical believes EvaMist, which takes the third spot on the list, may offer significant advantages to women experiencing menopause. This product is a small, easy-to- use hand-held applicator that delivers a pre-set metered dose via the skin, releasing estradoil into the bloodstream over 24 hours. EvaMist gained FDA approval in July 2007.

The first of two potential treatments for cancer on the list of notable drugs gaining approval this quarter is Yondelis, developed by PharmaMar for patients who have not responded to previous regimens in their treatment of soft tissue sarcoma. Yondelis is the first approved product from PharmaMar, a Spanish biotech specializing in cancer drugs derived from marine organisms and has Orphan Drug status in both the EU and U.S., securing extended protection against generic competition.

The second approval win for Novartis this quarter, Tasigna, is an orally available inhibitor of Bcr-Abl, c-Kit, PDGF-R and related receptor tyrosine kinases for the potential treatment of various types of leukemia. Though the drug has been approved only in Switzerland for chronic myeloid leukemia, it is awaiting approval in the U.S. and Japan and has been recommended for approval across the EU.

Following are the top five drugs in each category of phase changes:


The Five Most Promising Drugs Entering Phase III Trials
* bevasiranib sodium, (Wet AMD), Opko
* recombinant active glucocerebrosidase, (Gaucher's disease), Protalix
* odanacatib, (osteoporosis), Merck & Co
* laquinimod, (multiple sclerosis), Active Biotech/Teva
* elesclomol, (solid tumors), Synta

The Five Most Promising Drugs Entering Phase II Trials

* CPP-109, (addiction to cocaine and methamphetamine), Catalyst
Pharmaceuticals
* intranasal insulin formulation, (diabetes), Nastech
* LCP-AtorFen, (cholesterol), Life Cycle
* EC-145, (ovarian and lung cancer), Endocyte
* TG-100801, (AMD, diabetic macular edemia, diabetic retinopathy),
TargeGen

The Five Most Promising Drugs Entering Phase I Trials

* affitope AD-01, (Alzheimer's disease), AFFiRiS
* MEM-63908, (Alzheimer's disease, CNS disorders), Memory/Roche
* TC-5619, (schizophrenia, depression), Targacept
* RDEA-806, (HIV infection), Ardea Biosciences
* APD-791, (arterial thrombosis), Arena Pharmaceuticals

About This Quarterly Report:


Data for this report was compiled and analyzed using Thomson Pharma(R), a comprehensive global pharmaceutical information solution that covers the entire drug discovery and development pipeline. Its competitive intelligence and strategic data can justify and speed decision-making, facilitate more focused collaboration, and encourage innovation.

For a copy of the full report with analysis, visit: http://scientific.thomson.com/thomsonpharma/media/pdfs/tpqr/tp_qr_jul- sep2007.pdf Due to length of URL, please cut and paste into browser

About The Thomson Corporation

The Thomson Corporation (www.thomson.com) is a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, CT, Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research, and healthcare. The corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

Thomson Scientific is a business of The Thomson Corporation. Its information solutions assist professionals at every stage of research and development - from discovery to analysis to product development and distribution. Thomson Scientific information solutions can be found at scientific.thomson.com.

Arrow and Telit to Host Technical Seminar on Machine-to-Machine Communications Modules in Southern China

Arrow Asia Pac Ltd., a business unit of Arrow Electronics, Inc., announced that it will host a technical seminar in Fuzhou, China, on Dec. 5, with Telit Wireless Solutions Co., Ltd, the Korean-based "machine-to-machine" (m2m) mobile technology arm of Telit Communications.Telit is a global leader in m2m communications. Its cellular modules for m2m applications can streamline business processes by enabling machines, devices and vehicles to communicate via mobile networks.

"Leveraging on our high penetration in China's m2m market, we are working with Telit to explore the high potential for growth," said CC Lim, vice president of marketing for Arrow Asia Pac. "The seminar will provide information on Telit's wide range of cutting-edge and competitive wireless solutions. It will also demonstrate how Arrow can provide complementary engineering experiences in helping engineers in the Southern region with their research and development work on wireless m2m applications."

About Arrow Asia Pac

A business unit of Arrow Electronics, Inc. (NYSE:ARW) , Arrow Asia Pac is one of Asia-Pacific's leading electronic component distributors. In addition to its regional headquarters in Hong Kong, Arrow Asia Pac operates 52 sales offices, four primary distribution centers and 13 local warehousing facilities in 12 countries/territories across Asia.

Providing a full range of semiconductors, passive, electromechanical and connector products from over 200 leading international and local suppliers, Arrow Asia Pac serves more than 10,000 original equipment and contract manufacturers and commercial customers in Asia-Pacific. Visit http://www.arrowasia.com/ .

About Telit

Telit is a leading global wireless technology company. It develops, manufactures and markets GSM/GPRS, UMTS/HSDPA and CDMA/EVDO enterprise communication modules for machine-to-machine (m2m) applications which streamline business processes by enabling machines, devices and vehicles to communicate via mobile networks. Telit's products are sold and deployed worldwide through offices in China, Denmark, France, Germany, Great Britain, Israel, Italy, Korea, Spain, Taiwan, and the United States. Telit Communications PLC is listed on the AIM (Ticker: TCM). For more information about the company, please visit http://www.telit.com/ .

Eaton Expands Power Quality Business with New Small Systems Division

Diversified industrial manufacturer Eaton Corporation has expanded its global Power Quality business by acquiring Schneider Electric's small systems business of MGE, becoming the world's second largest supplier of power protection solutions.

Eaton completed its acquisition of the small systems business of MGE, known as MGE Office Protection Systems, on Nov. 1 for ?425 million ($612 million at current exchange rates).

"This transaction is exciting news for Eaton and MGE Office Protection Systems customers," said Tom Gross, vice president and president, Power Quality and Control Operations of Eaton's Electrical Group. "This acquisition enhances our position in the power quality business by increasing scale and geographic scope in key areas including Europe. We will build on MGE Office Protection Systems' impressive track record of relationships in distribution channels and increase our global manufacturing capabilities in Asia."

MGE Office Protection Systems designs and manufactures a wide range of electrical power protection and solutions for enterprises, small business and homes. MGE Office Protection Systems is one of the largest suppliers of uninterruptible power supplies (UPS) in Europe and has significant presence in the Asia/Pacific, African, Latin American, Russian and North American markets. MGE Office Protection Systems employs approximately 800 people worldwide, maintains offices in more than 40 countries and serves customers in more than 60 countries.

MGE Office Protection Systems consists of the single-phase UPS and surge suppression products to addresses power protection, distribution and management needs in the office, networking and industrial markets. Distribution channels include mainstream information technology (I.T.), datacomm, electrical and industrial distributors as well as IT/telecom original equipment manufacturers (OEMs).

"Our market-leading products and continuous innovation will bring many strategic benefits to Eaton and its customers," said Hervé Tardy, former general manager MGE Office Protection Systems and now vice president and general manager, Small Systems Division of Eaton. "Both MGE Office Protection Systems and Eaton have earned reputations for excellence, and we look forward to joining with Eaton in that ongoing commitment."

Eaton's electrical business is a global leader in electrical control, power distribution, uninterruptible power supply and industrial automation products and services. Eaton's global electrical brands, including Cutler-Hammer®, Powerware®, Holec® and MEM®, provide customer-driven PowerChainT Management solutions to serve the power system needs of the industrial, institutional, government, utility, commercial, residential, IT, mission critical and OEM markets worldwide.

Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 63,000 employees and sells products to customers in more than 140 countries. For more information, visit www.eaton.com or www.mgeops.com

In India Lipi Data Systems Ltd is the authorized sales and service partner for the single-phase UPS and surge suppression products.

Anuratna Chadha Appointed Country Business Manager for CITI Private Bank

Anuratna Chadha has been appointed as Country Business Manager - India for Citi Private Bank and onshore Head of Citi Global Wealth Management businesses in India.

With effect from 1st January 2008, Mr Chadha will manage Citi Private Bank's business in India and will also have additional supervisory responsibility for the Citi Smith Barney business. Based in Mumbai, he will report to Mr Sanjay Nayar, Chief Executive Officer for Citi India and Mr. Ajay Sondhi, Region Head - Global India, Citi Global Wealth Management, Singapore.

Citi Private Bank delivers holistic wealth management services to clients with a net worth in excess of USD 10 million (about 40 Indian crores).

Citi Smith Barney offers a comprehensive range of financial planning and investment services underpinned by an equity brokerage platform for high net worth and mass affluent clients.

"The appointment of Anuratna, one of Citi India's most experienced managers, underscores the importance that Citi and its senior leadership attach to the wealth management business in India. We have already invested significant amounts of human and capital resources with the ambition of becoming a market leader in the wealth management sector in India. We are confident that under Anuratna's leadership, Citi will strengthen its market leadership and capture a growing proportion of the wealth management business in India," said Mr Nayar.

Mr Sondhi added: "India's break-taking economic expansion is giving rise to one of the region's biggest - and fastest growing - pool of high net worth individuals. They are demanding a more sophisticated range of financial instruments to help them meet their wealth management needs and goals. Since 2005, Citi Private Bank has built an extensive onshore products platform and assembled a team of experienced private bankers, product specialists and support staff in the key cities of Mumbai and Delhi. Citi Smith Barney has also established itself as a premier and innovative wealth management provider for the high net worth and mass affluent segment."

India was the second fastest-growing wealth market in the world last year, according to the Merrill Lynch Cap Gemini World Wealth Report 2007. The number of US dollar millionaires grew 20.5% to 100,000, outpacing the overall Asia Pacific and global growth rates. High net worth wealth in India was worth a collective US$350 billion. Forbes magazine estimates that India has 54 billionaires, the single largest collection in the Asia Pacific.

Mr Chadha is a well-regarded banking professional with nearly two decades of industry experience, including 17 years with Citi. He is Citi's Head of Asia Pacific Corporate Banking for the Indian Sub-Continent Cluster where he oversaw significant growth in the business.

Citi has the largest footprint among wealth managers in the Asia Pacific with more than 20 offices across the region. Over 2,000 wealth management professionals, including 600-plus private bankers, financial advisors and investment specialists, serve 6000 high net worth individuals and families, including half of all billionaires in Asia ex-Japan.

Citi Global Wealth Management


The Global Wealth Management division at Citi comprises three of the most respected brands in wealth management: Citi Private Bank, Citi Smith Barney and Citi Investment Research. Citi Global Wealth Management is a top-tier global wealth manager providing some of the best institutional capabilities available today. Serving both private and institutional clients, Citi Global Wealth Management taps the strength and resources of Citigroup to maximize value and service.

Citi


Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citi's trademark red arc include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com
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