InterDigital to Expand Technology Development and Licensing, Realign SlimChip Business to Monetize IP

InterDigital Inc ( Nasdaq:IDCC ) today announced the company’s decision to expand its technology development and licensing business through targeted new investment in both cellular and non-cellular wireless technologies. InterDigital^® also intends to cease further product development of its SlimChip^™ HSPA technology and proceed to monetize the product investment through technology licensing. As a result of the alignment of activities, the company anticipates that its core operating expenses, excluding arbitration and litigation expenses, will decline by approximately $33 million pre-tax on an annualized basis compared to 2008.

Soapstone Networks Engages Morgan Stanley

Soapstone Networks Inc. (NasdaqGM:SOAP) today announced that it has engaged Morgan Stanley & Co. Incorporated ("Morgan Stanley") as its advisor to assist the Company in exploring strategic alternatives available to the Company for enhancing shareholder value, including but not limited to, continued execution of the Company's business plan, the payment of a cash dividend to the Company's shareholders, a repurchase by the Company of shares of its capital stock, the sale or spin off of Company assets, partnering or other collaboration agreements, a merger, sale or liquidation of, or acquisition by, the Company or other strategic transaction. There can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions, or that, if completed, any agreements or transactions will be successful or on attractive terms. The Company's strategic review is underway, but no timetable has been set for its completion.

AT&T Business Solutions and WebTech Wireless Help Largest U.S. Ports Curb Air Pollution

The Ports of Los Angeles and Long Beach Adopt Innovative Wireless Vehicle Tracking Solution to Reduce Truck-Related Emissions by up to 80 Percent

AT&T Business Solutions and WebTech Wireless Inc. (TSX: WEW), a leading provider of location-based and fleet telematics services, have teamed up to help the Port of Los Angeles and the Port of Long Beach improve air quality. Under the terms of the agreement, AT&T Business Solutions and WebTech will provide a wireless vehicle tracking and monitoring solution that supports the ports' Clean Trucks Program. The initial phase of the tracking system includes the installation of 600 WebTech Locators(TM) in new trucks and is available immediately to program applicants.

Global Crossing Announces Third Quarter 2008 Financial Results

- Consolidated revenue grew for the tenth consecutive quarter.

- "Invest and grow" revenue improved 17 percent year over year and 3 percent sequentially to $560 million.

- Consolidated revenue grew 12 percent year over year and 2 percent sequentially to $667 million.

- "Invest and grow" adjusted gross margin improved 19 percent year over year and 3 percent sequentially to $344 million.

- Adjusted cash EBITDA grew 14 percent sequentially to $88 million.

Global Crossing (Nasdaq: GLBC), a leading global IP solutions provider, today reported its unaudited consolidated financial and operational results for the third quarter of 2008.