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RadiSys Corporation


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Total : 7 View more »

radisys collaborates with aricent and 6wind : Electronics News from ElectronicSpecifier

www.electronicspecifier.com

RadiSys collaborates with Aricent and 6WIND on its Promentum platform for the LTE market, easing development risk and shortening time-to-market for TEMS : Electronics News from Electronic Specifier

http://www.electronicspecifier.com/Industry-News/radisys-collaborates-with-aricent-and-6wind.asp

RadiSys Announces Third Quarter 2009 Results | Reuters

www.reuters.com | Oct 27, 2009

http://www.businesswire.com/news/home/20091027006182/en * Revenue of $70.4 million * GAAP Gross Margin of 29.4% up 2.8 percentage points year-over-year * Non-GAAP Gross Margin of 32.1% up 1.4 percentage

http://www.reuters.com/article/pressRelease/idUS220134+27-Oct-2009+BW20091027

RadiSys Announces Industry's First Integrated 40G ATCA Platform

www.compactpci-systems.com | Oct 26, 2009

HILLSBORO, Ore.--(BUSINESS WIRE)--RadiSys Corporation (NASDAQ: RSYS), a leading global provider of embedded computing solutions for telecommunications and other industries, today announced the RadiSys ATCA 4.0 initiative, the companys 4th generation of AdvancedTCA

http://www.compactpci-systems.com/news/Industry+News/19560

 

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STOCK MARKETING INC PRESENTS :

(OTCBB: IMCI - Infinite Group, Inc.) (NASDAQ: RSYS - RadiSys Corp.) (NASDAQ: MBLX - Metabolix, Inc.) (NASDAQ: SHLM - Schulman (A.), Inc.) (NASDAQ: SQNM - Sequenom, Inc.) (NASDAQ: VRAD - Virtual Radiologic Corp.)

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(OTCBB: IMCI - Infinite Group, Inc.)

Mississippi Department of Information Technology Services Awards Microsoft Stimulus360 Contract to Infinite Group

PITTSFORD, N.Y., Oct 26, 2009 -- Infinite Group, Inc. (OTCBB: IMCI) today announced that the Mississippi Department of Information Technology Services (ITS) has awarded the company a contract to provide installation, configuration, implementation and training services for Microsoft Stimulus360. Stimulus360 is the Microsoft solution that helps public sector agencies track, measure, and share information about federal stimulus programs.

Working with subcontractor partner Information Strategies, Inc., Infinite Group will deliver an enterprise virtual-hosted environment for the Mississippi Department of Finance and Administration (DFA), who will use Stimulus360 to comply with a number of requirements for receiving and dispersing funding received via the American Recovery and Reinvestment Act (ARRA) enacted by Congress on February 17, 2009. Per Mississippi ITS Request for Proposal (RFP) No. 3604, the project will start up in late 2009 and run for one year.

"Stimulus360 is a meaningful way for state agencies to make the most of the American Recovery and Reinvestment Act," said Jim Frost, IGI's Chief Technology Officer. "We are thrilled to be working with the State of Mississippi on this strategic initiative -- to help ensure a positive impact for stimulus funds and contribute to America's economic recovery."

About Stimulus360

The Microsoft Stimulus360 solution can help organizations that allocate and receive ARRA funds to monitor progress, submit reports, and provide intuitive views of the data for different audiences as they work to accomplish their ARRA goals. Stimulus360 enables the rapid allocation of funds to stimulate new jobs, the ability to track and manage incoming funds from various federal agencies, and empowers users to thoroughly assess, manage, and report on the progress of funded projects. The solution also supports key performance indicators (KPIs) and other government-backed performance metrics, automated workflow, and comprehensive analysis across consolidated data sources.

About Infinite Group, Inc.

Infinite Group, Inc., (IGI) is a world-class IT services and solutions provider serving a range of government and commercial organizations.

Headquartered in Pittsford, New York with regional operations offices, IGI is focused on the following, interconnected practice areas: IT Infrastructure Services, Virtualization and Consolidation, Cloud Computing, Project and Program Management, and Business and Technolog Integration. IGI is dedicated to the alignment of business and technology initiatives, and the delivery of superior results. Infinite Group is publicly traded under the symbol IMCI.OB, and more information about the company is available at www.IGIus.com.

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(NASDAQ: RSYS - RadiSys Corp.)

RadiSys Announces Industry's First Integrated 40G ATCA Platform

4th Generation ATCA Products Enable Smooth Transition to High Bandwidth Applications Such as LTE, WiMAX, Femtocell Gateways and Video

HILLSBORO, Ore., Oct 26, 2009 -- RadiSys(R) Corporation (NASDAQ: RSYS), a leading global provider of embedded computing solutions for telecommunications and other industries, today announced the RadiSys ATCA 4.0 initiative, the company's 4th generation of AdvancedTCA (ATCA) products that are designed to support the next generation of high bandwidth applications. A first in the marketplace, this fully integrated platform features the latest technology in the industry, incorporating a 10GBASE-KR and 40GBASE-KR4 capable backplane and 40G switching capability. As Telecom Equipment Manufacturers (TEMs) focus on building next generation network elements, including 4G and Broadband, the RadiSys ATCA 4.0 platform will provide them with the next generation switching, power and cooling that they require.

"As the proven leader in ATCA platform deployments, RadiSys understands the time to market pressures that our TEM customers face in the next generation mobile infrastructure market, and the technical and product decisions that they need to make now to stay in front of the market," said Anthony Ambrose, Vice President and General Manager, Communications Networks, RadiSys. "Our 4th generation 40G platform announcement reinforces our technology leadership that we delivered in our 3rd generation 10G platform, and demonstrates how we anticipate customers' future requirements better than any other company."

The ATCA 4.0 40G platform follows on the heels of the 3rd generation of market-proven RadiSys platforms that enable 10G applications. The overall demand for higher bandwidth mobile data and video services continues to sustain steady growth in 3G markets, and this demand will accelerate as mobile networks deploy broadband access speeds. TEMs striving to meet this demand for 3G services and laying the groundwork for 4G networks can leverage RadiSys' ATCA 4.0 platform solution. It is a fully backwards compatible solution, thus protecting the customer's current investment in 3G networks, while ensuring a smooth and economical transition to the ATCA 4G environment.

"With 3G, we have already seen a fundamental shift from wireline to wireless services. The next major shift in communication technology will be to high speed Internet and data access on mobile devices, driven by next generation mobile radio access and packetized core networks," said Lee Doyle, Vice President and General Manager, Network Infrastructure, IDC. "Mobility will become the number one driver of Internet usage and video services going forward and the RadiSys ATCA 4.0 platform is well positioned to provide the flexibility, scalability and performance to meet current, and future, mobile subscriber demands."

The next generation platform builds on RadiSys' existing success with 10G applications and infrastructure with deployed applications such as 3G wireless, IMS, IPTV and miscellaneous gateways. Platform integration has been a key benefit that helps RadiSys' current customers achieve a rapid time-to-market. The ATCA 4.0 platform will continue to build on the level of integration available in the existing generation of products. In addition to the complete and comprehensive platform validation including backplane and thermal validations with the 40G switch and chassis, the 4.0 platform also includes software integration including switch management, Linux and middleware. With ATCA 4.0, RadiSys is extending its 10G platform leadership in the market and providing a smooth path to fully integrated 40G platforms.

About RadiSys ATCA 4.0

RadiSys ATCA 4.0 products provide the highest scalability and density possible in an ATCA form factor with a 4x performance improvement in both switching and processing capabilities over 10G components. These 4th generation ATCA platforms combine a 40G chassis, a 40G switch and other 10G and 40G assets in a pre-integrated platform that enables the deployment of next generation 4G applications. The 40G chassis includes enhanced per-slot power and cooling capability along with true 40G backplane connectivity. The 40G switch with field-proven switch management software provides increased I/O density and native 40G switching to the node slots. The reuse of the switch management software will provide consistent API access, thereby providing reuse of any development with the existing 10G switch. Additionally, RadiSys will be expanding the switch management capabilities to include a "node router" which enables the elimination of a stand-alone router that would typically provide connectivity between an edge device and the transport network. RadiSys' investments today in next generation ATCA products ensures a smooth transition for customers from 10G products to 40G, protecting their investment in ATCA.

About RadiSys Corporation

RadiSys (NASDAQ: RSYS) is a leading provider of advanced solutions for 3G/3.5G/4G/WiMax mobile networks, networking and commercial systems markets. Through intimate customer collaboration and combining innovative technologies and industry-leading architecture, RadiSys helps OEMs, systems integrators and solution providers bring better products to market faster and more economically. RadiSys products include embedded boards, application-enabling platforms and turn-key systems, which are used in today's complex computing, processing and network intensive applications. For more information, visit http://www.radisys.com, write to info@radisys.com, or call 800-950-0044 or 503-615-1100. Editors seeking more information may contact Lyn Pangares at RadiSys Corporation at 503-615-1220 or lyn.pangares@radisys.com.

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(NASDAQ: MBLX - Metabolix, Inc.)

LATEST NEWS!!

Metabolix and ADM Appoint Stan Haftka as Director of Business Development, Europe, for Telles Joint Venture

Haftka will lead the joint venture's European business development effort and establish first international office

CAMBRIDGE, Mass., Oct 26, 2009 -- Metabolix, Inc. (NASDAQ: MBLX) and Archer Daniels Midland Company today announced the appointment of Stan Haftka, Ph.D., as Director of Business Development, Europe, for Telles, the joint venture that is commercializing Mirel(TM) bioplastics. Dr. Haftka will lead European business development with the opening of Telles' first international office at ADM's Europoort facility in the Netherlands.

Dr. Haftka has 20 years of experience in the global specialty polymer market and brings leadership assets important for the organization's international growth. "We're pleased to have Stan join the Telles team as he will play an instrumental role in the global expansion of our business," said Bob Engle, General Manager of Telles. "His technical background, management and leadership experience, as well as his prior success in leading European and Asian business development for specialty polymers businesses will greatly benefit Telles."

Dr. Haftka joins Telles from the engineering polymers business of Celanese Corporation, where he served as Global Segment Manager, GUR New Technologies, responsible for managing the business segment globally. He successfully developed and implemented new business strategies, managed numerous product and application platforms, and received patents for new polymer applications.

About Metabolix

Founded in 1992, Metabolix, Inc. is an innovation-driven bioscience company focused on providing sustainable solutions for the world's needs for plastics, chemicals and energy. The Company is taking a systems approach, from gene to end product, integrating sophisticated biotechnology with advanced industrial practice. Metabolix is now developing and commercializing Mirel(TM), a family of high performance bioplastics which are biobased and biodegradable alternatives to many petroleum based plastics. Metabolix is also developing a proprietary platform technology for co-producing plastics, chemicals and energy, from crops such as switchgrass, oilseeds and sugarcane.

For more information, please visit www.metabolix.com. (MBLX-G)

SOURCE: Metabolix, Inc.

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(NASDAQ: SHLM - Schulman (A.), Inc.)

LATEST NEWS!!

A. Schulman Announces Plans to Establish a Masterbatch Facility in India

AKRON, Ohio, Oct 26, 2009 -- A. Schulman, Inc. (Nasdaq: SHLM) announced today it plans to establish a masterbatch facility in western India to better serve its customers in the region, which is a key geographic growth market for A. Schulman. A specific location for the facility has not yet been determined.

The facility initially will consist of one line and will manufacture the Company's masterbatch products which serve the packaging, appliance and consumer products markets. Its capacity is projected to be approximately 12 million pounds per year, and production is expected to begin within the next 12 months.

"In line with our strategic direction, we are continuing our geographic expansion in growing markets across Asia," said Joseph M. Gingo,

Chairman, President and Chief Executive Officer. "The new plant, which will be our third manufacturing facility in Asia, will increase our capability to serve our growing customer base in this attractive market and will be another step in our progress toward becoming the number-one global manufacturer in the masterbatch market."

About A. Schulman, Inc.

Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,000 people and has 16 manufacturing facilities in North America, Europe and Asia. Revenues for the fiscal year ended August 31, 2009, were $1.3 billion. Additional information about A. Schulman can be found at www.aschulman.com.

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(NASDAQ: SQNM - Sequenom, Inc.)

LATEST NEWS!!

Sequenom Inc names Paul Maier as interim chief financial officer

Oct 27, 2009 -- Life sciences company Sequenom Inc (Nasdaq:SQNM) reported on Monday the appointment of Paul V. Maier as the company's interim chief financial officer with effect from 10 November 2009. A Maier will report directly to the company's interim chief executive officer and chairman of the board, Harry F. Hixson Jr PhD. Maier will act as a consultant to Sequenom until the joining date. A Previously, Maier was an independent financial consultant since February 2007, served as senior vice president and chief financial officer of Ligand Pharmaceuticals Inc from 1992 until January 2007 and spent six years in various management and finance positions at ICN Pharmaceuticals.

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(NASDAQ: VRAD - Virtual Radiologic Corp.)

LATEST NEWS!!

Virtual Radiologic Corporation Reports Record Revenue and Adjusted EBITDA for the Third Quarter 2009 and Raises Guidance Third Quarter Revenue up 9 Percent to $31.6 Million and Adjusted EBITDA up 33 Percent to $8.7 Million

MINNEAPOLIS, Oct 26, 2009 -- Virtual Radiologic Corp. (NASDAQ: VRAD), a leading global provider of teleradiology services and technology solutions, today reported financial results for its third quarter ended September 30, 2009.

Third Quarter Highlights

-- Read volume up 17% to 702,000

-- Revenue up 9% to $31.6 million

-- Adjusted EBITDA(1) up 33% to $8.7 million and 27% of revenue

-- Adjusted net income(2) up 19% to $4.3 million; adjusted diluted earnings per share(3) (EPS) up 24% to $0.26

-- GAAP operating income of $4.8 million; GAAP net income of $3.0 million; GAAP diluted EPS of $0.19

-- Cash was $47.6 million; the Company has no debt

"We are pleased with our continued growth in revenue and profitability during the third quarter," said Rob Kill, Virtual Radiologic's president and chief executive officer. "These strong results and our continued ability to generate positive cash flow reflect the sound fundamentals of our business model and we believe we are well positioned for continued profitability in the quarters ahead."

Third Quarter Results

Total revenue increased 9% to $31.6 million for the quarter ended September 30, 2009, compared to $29.0 million for the quarter ended September 30, 2008. The increase in revenue over the third quarter of 2008 resulted primarily from an 18% increase in the number of hospitals and medical facilities served to 1,154 as of September 30, 2009, representing approximately 19% of all hospitals in the United States.

Adjusted EBITDA increased 33% to $8.7 million for the quarter ended September 30, 2009, compared to $6.5 million for the quarter ended September 30, 2008 and increased to 27% of revenue compared to 22% for the same periods, respectively.

Adjusted net income increased 19% to $4.3 million for the quarter ended September 30, 2009, compared to $3.6 million for the quarter ended September 30, 2008. This resulted in a 24% increase in adjusted diluted EPS to $0.26 for the quarter ended September 30, 2009, compared to $0.21 for the quarter ended September 30, 2008.

GAAP operating income was $4.8 million for the quarter ended September 30, 2009, compared to $5.2 million for the quarter ended September 30, 2008 and GAAP net income was $3.0 million for the quarter ended September 30, 2009, compared to $3.6 million for the quarter ended September 30, 2008, resulting in diluted earnings per share of $0.19 and $0.21, respectively.

2009 Guidance Update

The Company is providing the following updated guidance for the full year of 2009:

-- Revenue ranging from $118.0 million to $120.0 million, remaining the same as the previous range

-- Adjusted EBITDA ranging from $26.0 million to $27.0 million, compared to the previous range of $24.0 million to $25.0 million

-- Adjusted net income ranging from $11.5 million to $12.1 million, compared to the previous range of $10.3 million to $11.0 million

-- Adjusted diluted earnings per share ranging from $0.71 to $0.75, compared to the previous range of $0.63 to $0.67

Conference Call Information

The Company will be hosting a conference call October 26, 2009 at 4:30 p.m. Eastern Time to discuss these results and provide a general business update. Participants can access the call by dialing (866) 543-6407 (within the United States and Canada), or (617) 213-8898 (outside the United States and Canada), using passcode 94069836. A live webcast of the conference call will be available on the Company's corporate web site at http://ir.virtualrad.com under "Events and Presentations." A replay of the call will be available from 7:30 p.m. Eastern Time on Monday, October 26, through midnight on Monday, November 9, 2009. Access the replay by dialing (888) 286-8010 or (617) 801-6888, using passcode 26441375.

About Virtual Radiologic

Virtual Radiologic Corporation (http://www.vrad.com) provides teleradiology and technology solutions to radiology practices and medical centersthroughout the United States and internationally. Utilizing market-leading, proprietary workflow technology, Virtual Radiologic's affiliatedradiologists will perform over 2.5 million preliminary and final read interpretations in 2009, for emergent and non-emergent needs, servingclients and facilities day and night, 365 days a year. Virtual Radiologic's board-certified affiliated radiologists are collectively licensedin all 50 states. Virtual Radiologic is Joint Commission-accredited and serves 658 clients supporting 1,154 medical facilities.

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Companies: Metabolix Inc (MBLX), RadiSys Corp. (RSYS), Virtual Radiologic Corp (VRAD)

 

Radisys Corporation, Including On-Site Leased Workers From Employment Trends, DB Professionals,

In accordance with Section 223 of the Trade Act of 1974, as amended ("Act"), 19 U.S.C. 2273, the Department of Labor issued a Certification of Eligibility to Apply for Worker Adjustment Assistance on August 14, 2009, applicable to workers of RadiSys Corporation, including on-site leased workers from Employment Trends, Hillsboro, Oregon. The notice was published in the Federal Register on September 22, 2009 (74 FR 48303).

At the request of the State Agency, the Department reviewed the certification for workers of the subject firm. The workers are engaged in the production of PCB boards, telecommunication systems and medical systems.

The company reports that workers leased from DB Professionals, Inc. and ProSource Network were employed on-site at the Hillsboro, Oregon location of RadiSys Corporation. The Department has determined that these workers were sufficiently under the control of the subject firm to be considered leased workers.

Based on these findings, the Department is amending this certification to include workers leased from DB Professionals, Inc. and ProSource Network working on-site at the Hillsboro, Oregon location of RadiSys Corporation.

The amended notice applicable to TA-W-71,004 is hereby issued as follows:

All workers of RadiSys Corporation, including on-site leased workers from Employment Trends, DB Professionals, Inc., and ProSource Network, Hillsboro, Oregon, who became totally or partially separated from employment on or after June 1, 2008, through August 14, 2011, and all workers in the group threatened with total or partial separation from employment on date of certification through two years from the date of certification, are eligible to apply for adjustment assistance under Chapter 2 of Title II of the Trade Act of 1974, as amended.

Signed at Washington, DC, this 13th day of October 2009.

Richard Church,

Certifying Officer, Division of Trade Adjustment Assistance.

Citation: "74 FR 55265"

Document Number: "TA-W-71,004"

Federal Register Page Number: "55265"

"Notices"

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Tags: employment   federal   labor   medical   oregon   trade   washington dc  

Companies: RadiSys Corp. (RSYS)

 

RadiSys Announces Third Quarter 2009 Results - Zibb.com

--GAAP Gross Margin of 29.4% up 2.8 percentage points year-over-year

--Non-GAAP Gross Margin of 32.1% up 1.4 percentage points year-over-year

--Operating Cash Flow of $2.3 million

RadiSys(R) Corporation (NASDAQ:RSYS), a leading global provider of advanced embedded solutions, announced revenues of $70.4 million for the quarter ended September 30, 2009, down 29.7% versus the same quarter last year. The Company's GAAP net loss was $0.8 million or $0.04 per share in the third quarter, versus a net loss of $0.5 million or $0.02 per share in the same quarter last year. Third quarter non-GAAP net income was $3.5 million or $0.13 per diluted share, versus net income of $5.5 million or $0.21 per diluted share in the same quarter last year. Non-GAAP results in the third quarter exclude the impact of restructuring charges, amortization of acquired intangible assets and stock-based compensation expense. A reconciliation of GAAP to non-GAAP results is included in the tables below.

Commenting on the third quarter results, Scott Grout, RadiSys President and CEO stated, "Revenues were in line with our projections, and we delivered better than expected gross margins, earnings, and cash flow in the third quarter as a result of continued cost improvements in our operations. In addition, we had another strong design win quarter with several notable awards including a win with a new North American Tier 1 customer that plans to use our ATCA platform for their Wireless Messaging application, and a win with a China based Tier 1 customer that plans to use our media server in a new Video Gateway application. Within our operations and engineering organizations, we are making very good progress on the previously announced initiatives to increase our operational efficiency and global capabilities that will expand our operating margins over time."

Third Quarter Financial Highlights

-- Revenue was $70.4 million, down 29.7% from the same quarter in the prior year, which was the Company's record revenue quarter. As anticipated, the Company's traditional wireless and commercial businesses were down from the prior year due to general market softness.

-- GAAP gross margin was 29.4%, up 2.8 percentage points year-over-year. Non-GAAP gross margin was 32.1%, up 1.4 percentage points year-over-year, mainly due to favorable product mix as well as improved manufacturing and operational costs.

-- Total GAAP R&D and SG&A expenses were $21.0 million, down $3.7 million or 14.9% from the same quarter last year and $0.8 million from the prior quarter. Non-GAAP R&D and SG&A expenses were $19.3 million, down $3.3 million or 14.4% from the same quarter last year and down $0.8 million from the prior quarter.

-- GAAP operating loss was $1.1 million. Non-GAAP operating income was $3.4 million or 4.8% of revenue.

-- Cash flow from operating activities was $2.3 million and cash and cash equivalents were $92.1 million at the end of the third quarter.

Third Quarter New Product Highlights

The Company had another strong design win quarter with continued growth in higher margin, next-generation product wins:

-- Media Server Product Highlights:

          -  In the third quarter, the Company was awarded a key new design win
             with an existing Tier 1 customer in China. This award was for an
             integrated media processing platform that will be used by Mobile
             Service Providers to deliver advanced 3G Video Services.
          -  In September, the Company announced the addition of new 3G features
             for its Media Server product family enabling two-way interactive
             mobile video. RadiSys Media Servers offer a broad range of IP video
             processing features for Video Telephony applications including
             Mobile Video Conferencing, Video Ringback Tones, Video Mail and
             Interactive Voice and Video Response (IVVR). With the addition of
             new media processing capabilities, the RadiSys Media Servers now
             support a service provider's 3G video processing needs with one
             common VoIP infrastructure.

-- ATCA Product Highlights:

          -  The Company announced a new ATCA 4.0 initiative in October. ATCA 4.0
             is the Company's fourth generation of AdvancedTCA (ATCA) products
             that are designed to support emerging high bandwidth communications
             applications. A first in the marketplace, this fully integrated
             platform features the latest technology in the industry,
             incorporating a 10/40G backplane and switching capability. As
             Telecom Equipment Manufacturers (TEMs) focus on building products
             for high bandwidth mobile networks, including 4G and Broadband, the
             RadiSys ATCA 4.0 platform will provide customers with the latest
             advances in switching, power and cooling required for these
             demanding new applications.
          -  The Company also announced that it is partnering with Aricent and
             6WIND to deliver application-ready platforms for the Long Term
             Evolution (LTE) Evolved Packet Core (EPC). Through this
             collaboration, the Company can deliver its market-proven ATCA
             platform, a comprehensive LTE signaling stack and efficient data
             path software in one integrated solution that lowers development
             risk for TEMs and reduces time-to-market by as much as 18 months.
          -  The Company was awarded new ATCA business in Messaging, Deep Packet
             Inspection (DPI) Security Gateways, VoIP Probe, Session Border
             Controller (SBC) and Unmanned Aerial Vehicles (UAV). Specifically,
             the Messaging win was of notable size with a new Tier 1 TEM for
             RadiSys in North America. The UAV win is for a new customer's
             Universal Ground Control Station used for Unmanned Aerial
             Reconnaissance drones.
          -  The Company's ATCA 4500 10 Gigabit compute processing module was
             production released in the second quarter and deployed in customer
             trial networks in the third quarter. This product is ideal for
             control plane and server functions for LTE wireless infrastructure,
             DPI, IPTV, IP Multimedia Subsystems and defense applications.

-- Commercial Product Highlights:

          -  The Company was awarded a sizable new COM Express win by a leading
             enterprise server provider in North America for a network switching
             application. The Company also won new COM Express business in the
             third quarter in a wide variety of applications including Military,
             Session Border Controller and Touch Panel Home Automation systems.
             Further, the Company also won new rack mount server Medical Imaging
             business with an existing Tier 1 Medical customer.

Fourth Quarter 2009 Outlook

The following statements are based on current expectations as of the date of this press release. These statements are forward-looking and actual results may differ materially. The Company assumes no obligation to update these forward-looking statements.

-- Q4 revenue is projected to be between $72 and $78 million and is expected to increase sequentially from the third quarter due to increased demand for the Company's next-generation communications products.

-- Q4 GAAP and non-GAAP gross margin percentages are expected to be around the same level as the third quarter's gross margin rate at the midpoint of the guidance range.

-- Q4 GAAP and non-GAAP total R&D and SG&A expenses are expected to be up by approximately $0.9 million sequentially at the midpoint of the guidance due to compensation related costs and the timing of project spending.

-- Q4 GAAP results are expected to be between a net loss of $0.07 per share and net income $0.01 per diluted share. Q4 non-GAAP EPS is expected to be between $0.10 and $0.16. Both GAAP and non-GAAP expectations assume an effective tax rate of 10%.

In closing, Scott Grout stated, "I continue to be pleased with the level of new awards and deployments we are seeing for our next-generation products. This year we gained entry into several new strategic Tier 1 accounts, grew our revenues and design wins in Asia and are continuing to gain market share on our next-generation communications products. I am also excited about our new product announcements in our ATCA and Media Server businesses. At the same time we continue to make substantial enhancements to our operational and financial models, and I believe we are in a great position to leverage these enhancements with our market leadership position and new product developments."

Conference Call and Web-cast Information

RadiSys will host a conference call on Tuesday, October 27, 2009 at 5:00 p.m. ET to discuss the third quarter results, and to review the financial and business outlook for the fourth quarter of 2009.

To participate in the live conference call, dial (888) 333-0027 in the U.S. and Canada or (706) 634-4990 for all other countries and reference conference ID# 35015561. The live conference call will also be available via webcast on the RadiSys investor relations website at http://investor.radisys.com/.

A replay of the conference call will be available two hours after the call is complete until 11:59 p.m. ET on Tuesday, November 10, 2009. To access the replay, dial (800) 642-1687 in the U.S. and Canada or (706) 645-9291 for all other countries with conference ID# 35015561. A replay of the webcast will be available for an extended period of time on the RadiSys investor relations website at http://investor.radisys.com/.

Forward-Looking Statements

This press release contains forward-looking statements, including statements about the Company's business strategy, outlook and guidance for the fourth quarter of 2009. Actual results could differ materially from the outlook, guidance and expectations in these forward-looking statements as a result of a number of risk factors, including, among others, (a) the Company's dependence on certain customers and high degree of customer concentration, (b) the anticipated amount and timing of revenues from design wins due to the Company's customers' product development time, cancellations or delays, (c) the current economic uncertainty and turmoil within the global financial markets, and (d) other factors listed in RadiSys' reports filed with the Securities and Exchange Commission (SEC), including those listed under "Risk Factors" in RadiSys' Annual Report on Form 10-K for the year ended December 31, 2008, and other filings with the SEC, copies of which may be obtained by contacting the Company at 503-615-1100 or from the Company's investor relations web site at http://investor.radisys.com/. Although forward-looking statements help provide additional information about RadiSys, investors should keep in mind that forward-looking statements are inherently less reliable than historical information. All information in this press release is as of October 27, 2009. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

Non-GAAP Financial Measures

To supplement its consolidated financial statements in accordance with generally accepted accounting principles (GAAP), the Company's earnings release contains non-GAAP financial measures that exclude certain expenses, gains and losses, such as the effects of (a) amortization of acquired intangible assets, (b) stock-based compensation expense recognized as a result of the Company's adoption of FAS 123R, (c) restructuring charges (reversals), (d) a deferred tax asset valuation charge, and (e) a Canadian deferred tax foreign exchange benefit. The Company believes that the use of non-GAAP financial measures provides useful information to investors to gain an overall understanding of its current financial performance and its prospects for the future. Specifically, the Company believes the non-GAAP results provide useful information to both management and investors by excluding certain expenses, gains and losses that the Company believes are not indicative of its core operating results. In addition, non-GAAP financial measures are used by management for budgeting and forecasting as well as subsequently measuring the Company's performance, and the Company believes that it is providing investors with financial measures that most closely align to its internal measurement processes. These non-GAAP measures are considered to be reflective of the Company's core operating results as they more closely reflect the essential revenue-generating activities of the Company and direct operating expenses (resulting in cash expenditures) needed to perform these revenue-generating activities. The Company also believes, based on feedback provided to the Company during its earnings calls' Q&A sessions and discussions with the investment community, that the non-GAAP financial measures it provides are necessary to allow the investment community to construct their valuation models to better align its results and projections with its competitors and market sector, as there is significant variability and unpredictability across companies with respect to certain expenses, gains and losses.

The non-GAAP financial information is presented using consistent methodology from quarter-to-quarter and year-to-year. These measures should be considered in addition to results prepared in accordance with GAAP. In addition, these non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. The Company believes that non-GAAP financial measures have limitations in that they do not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate the Company's results of operations in conjunction with the corresponding GAAP financial measures.

A reconciliation of non-GAAP information to GAAP information is included in the tables below. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for or superior to financial measures calculated in accordance with GAAP, and reconciliations between GAAP and non-GAAP financial measures included in this earnings release should be carefully evaluated. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies.

About RadiSys

RadiSys (NASDAQ:RSYS) is a leading provider of advanced embedded solutions for the communications networking and commercial systems markets. Through intimate customer collaboration and combining innovative technologies and industry leading architecture, RadiSys helps original equipment manufacturers, systems integrators and solution providers bring better products to market faster and more economically. RadiSys products include embedded boards, application enabling platforms and turn-key systems, which are used in today's complex computing, processing and network intensive applications. For more information, visit http://www.radisys.com, write to info@radisys.com, or call 800-950-0044 or 503-615-1100. Editors seeking more information may contact Lyn Pangares at RadiSys Corporation at 503-615-1220 or lyn.pangares@radisys.com.

RadiSys(R) is a registered trademark of RadiSys Corporation.

CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts, unaudited)
                                                   Three Months Ended     Nine Months Ended
                                                   September 30,          September 30,
                                                   2009       2008 (II)   2009        2008 (II)
Revenues                                           $70,448    $100,258    $226,145    $283,916
Cost of sales:
Cost of sales                                      48,086     69,652      152,192     201,191
Amortization of purchased technology               1,619      3,868       4,857       11,906
Total cost of sales                                49,705     73,520      157,049     213,097
Gross margin                                       20,743     26,738      69,096      70,819
Research and development                           10,031     11,896      31,678      37,593
Selling, general, and administrative               10,960     12,763      34,134      38,715
Intangible assets amortization                     647        1,302       1,941       3,907
Restructuring charges (reversals), net             183        (23      )  4,618       575
Income (loss) from operations                      (1,078  )  800         (3,275   )  (9,971   )
Interest expense                                   (598    )  (1,042   )  (1,784   )  (3,916   )
Interest income                                    177        605         828         2,555
Other income (expense), net                        21         27          233         (105     )
Income (loss) before income tax expense (benefit)  (1,478  )  390         (3,998   )  (11,437  )
Income tax expense (benefit)                       (646    )  871         39,050      (739     )
Net loss                                           ($832   )  ($481    )  ($43,048 )  ($10,698 )
Net loss per share:
Basic                                              ($0.04  )  ($0.02   )  ($1.84   )  ($0.48   )
Diluted (I)                                        ($0.04  )  ($0.02   )  ($1.84   )  ($0.48   )
Weighted average shares outstanding:
Basic                                              23,632     22,653      23,386      22,442
Diluted (I)                                        23,632     22,653      23,386      22,442
(I) For all periods presented, the computation of diluted
earnings per share excludes the effects of stock options, restricted
stock units and convertible notes, as they are antidilutive.
(II) As adjusted due to the implementation of the cash
conversion subsections of ASC topic 470-20 "Debt with Conversion and
Other Options - Cash Conversion."
CONSOLIDATED BALANCE SHEETS
(In thousands, unaudited)
                                                                     September 30,  December 31,
                                                                     2009           2008 (I)
ASSETS
Current assets:
Cash and cash equivalents                                            $92,112        $73,980
Short-term investments                                               55,014         --
Settlement right (UBS)                                               7,350          --
Accounts receivable, net                                             37,037         45,551
Other receivables                                                    5,145          1,090
Inventories, net                                                     28,289         29,450
Other current assets                                                 4,655          4,268
Deferred tax assets, net                                             1,393          10,297
Total current assets                                                 230,995        164,636
Property and equipment, net                                          9,037          11,556
Intangible assets, net                                               12,991         19,804
Long-term investments, net                                           --             51,213
Settlement right (UBS)                                               --             11,071
Long-term deferred tax assets, net                                   15,281         45,864
Other assets                                                         6,427          4,882
Total assets                                                         $274,731       $309,026
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable                                                     $31,359        $34,123
Accrued wages and bonuses                                            5,457          11,253
Deferred income                                                      2,871          2,274
Line of credit                                                       41,243         39,535
Other accrued liabilities                                            14,329         11,384
Total current liabilities                                            95,259         98,569
Long-term liabilities:
2013 convertible senior notes, net                                   50,000         50,000
Other long-term liabilities                                          3,071          2,989
Total long-term liabilities                                          53,071         52,989
Total liabilities                                                    148,330        151,558
Shareholders' equity:
Preferred stock -- $.01 par value, 5,664 shares authorized; none     --             --
issued or outstanding
Common stock -- no par value, 100,000 shares authorized; 23,763 and  256,142        245,748
23,033 shares issued and outstanding at September 30, 2009 and
December 31, 2008
Accumulated deficit                                                  (134,795  )    (91,747   )
Accumulated other comprehensive income:
Cumulative translation adjustments                                   4,553          4,326
Unrealized gain (loss) on hedge instruments                          501            (859      )
Total accumulated other comprehensive income                         5,054          3,467
Total shareholders' equity                                           126,401        157,468
Total liabilities and shareholders' equity                           $274,731       $309,026
(I) As adjusted due to the implementation of the cash
conversion subsections of ASC topic 470-20 "Debt with Conversion and
Other Options - Cash Conversion."
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands, unaudited)
                                                                     Three Months Ended    Nine Months Ended
                                                                     September 30,         September 30,
                                                                     2009       2008 (I)   2009        2008 (I)
Cash flows from operating activities:
Net loss                                                             ($832   )  ($481   )  ($43,048 )  ($10,698 )
Adjustments to reconcile net loss to net cash provided by operating
activities:
Depreciation and amortization                                        3,890      6,757      11,653      20,534
Inventory valuation allowance                                        618        1,395      2,623       2,872
Unrealized loss on UBS settlement right                              1,208      -          3,721       -
Unrealized gain on ARS                                               (1,302  )  -          (4,101   )  -
Non-cash interest expense from debt                                  112        511        336         2,380
Deferred income taxes                                                (758    )  838        180         (714     )
Deferred tax valuation allowance                                     -          -          42,003      -
Canadian deferred tax foreign exchange benefit                       -          -          (3,204   )  -
Net loss on early extinguishment of debt                             -          -          -           104
Stock-based compensation expense                                     1,989      2,378      6,705       7,426
Other                                                                (141    )  19         34          304
Changes in operating assets and liabilities:
Accounts receivable                                                  2,949      6,650      8,514       21,284
Other receivables                                                    (3,617  )  976        (4,055   )  683
Inventories                                                          (2,367  )  787        (966     )  (11,122  )
Other current assets                                                 1,315      618        259         2,077
Accounts payable                                                     4,246      (8,621  )  (2,764   )  (11,827  )
Accrued wages and bonuses                                            (3,468  )  (1,571  )  (5,796   )  608
Deferred income                                                      (1,182  )  (2,729  )  597         (2,294   )
Other accrued liabilities                                            (342    )  (628    )  2,185       1,607
Net cash provided by operating activities                            2,318      6,899      14,876      23,224
Cash flows from investing activities:
Proceeds from the sale of auction rate securities                    200        -          300         10,025
Capital expenditures                                                 (788    )  (1,329  )  (2,393   )  (4,951   )
Other                                                                -          51         (42      )  (280     )
Net cash (used in) provided by investing activities                  (588    )  (1,278  )  (2,135   )  4,794
Cash flows from financing activities:
Financing costs                                                      -          -          -           (2,539   )
Proceeds from issuance of 2013 convertible senior notes              -          -          -           55,000
Purchase of capped call                                              -          -          -           (10,154  )
Payments on capital lease obligation                                 (49     )  (24     )  (147     )  (101     )
Repurchase of 2023 convertible senior notes                          -          (1      )  -           (60,916  )
Net settlement of restricted shares                                  (13     )  (37     )  (332     )  (390     )
Borrowings on line of credit                                         1,443      20,000     1,708       20,000
Proceeds from issuance of common stock                               1,278      1,626      4,020       4,163
Net cash provided by financing activities                            2,659      21,564     5,249       5,063
Effect of exchange rate changes on cash                              126        (154    )  142         73
Net increase in cash and cash equivalents                            4,515      27,031     18,132      33,154
Cash and cash equivalents, beginning of period                       87,597     56,645     73,980      50,522
Cash and cash equivalents, end of period                             $92,112    $83,676    $92,112     $83,676
(I) As adjusted due to the implementation of the cash
conversion subsections of ASC topic 470-20 "Debt with Conversion and
Other Options - Cash Conversion."
REVENUE BY GEOGRAPHY
(In thousands, unaudited)
                                                  Three Months Ended Nine Months Ended
                                                  September 30,      September 30,
                                                  2009     2008      2009      2008
North America                                     $21,254  $33,140   $68,897   $87,071
Europe                                            16,619   37,274    61,558    109,526
Asia Pacific                                      32,575   29,844    95,690    87,319
Total                                             $70,448  $100,258  $226,145  $283,916
North America                                     30.2%    33.0%     30.5%     30.7%
Europe                                            23.6%    37.2%     27.2%     38.6%
Asia Pacific                                      46.2%    29.8%     42.3%     30.7%
Total                                             100.0%   100.0%    100.0%    100.0%
REVENUE BY PRODUCT GROUP (I)
(In thousands, unaudited)
                                                  Three Months Ended Nine Months Ended
                                                  September 30,      September 30,
                                                  2009     2008      2009      2008
Next-generation Communications Networks Products  $21,653  $30,655   $73,574   $77,140
Traditional Communications Networks Products      32,246   48,368    107,631   148,038
Total Communications Networks Products            53,899   79,023    181,205   225,178
Medical Products                                  6,683    8,418     18,316    21,909
Other Commercial Products                         9,866    12,817    26,624    36,829
Total Commercial Products                         16,549   21,235    44,940    58,738
Total                                             $70,448  $100,258  $226,145  $283,916
Next-generation Communications Networks Products  30.7%    30.6%     32.5%     27.2%
Traditional Communications Networks Products      45.8%    48.2%     47.6%     52.1%
Total Communications Networks Products            76.5%    78.8%     80.1%     79.3%
Medical Products                                  9.5%     8.4%      8.1%      7.7%
Other Commercial Products                         14.0%    12.8%     11.8%     13.0%
Total Commercial Products                         23.5%    21.2%     19.9%     20.7%
Total                                             100.0%   100.0%    100.0%    100.0%
(I) During the first quarter of 2009, the Company changed the
way in which it reports revenue to represent revenue by product
group instead of revenue by market to better align with the
Company's internal reporting.
RECONCILIATION OF GAAP to NON-GAAP FINANCIAL MEASURES
(In thousands, except per share amounts, unaudited)
                                                                Three Months Ended    Nine Months Ended
                                                                September 30,         September 30,
                                                                2009       2008 (III) 2009        2008 (III)
GROSS MARGIN:
GAAP gross margin                                               $20,743    $26,738    $69,096     $70,819
(a) Amortization of acquired intangible assets                  1,619      3,868      4,857       11,906
(b) Stock-based compensation                                    283        254        831         768
Non-GAAP gross margin                                           $22,645    $30,860    $74,784     $83,493
RESEARCH AND DEVELOPMENT:
GAAP research and development                                   $10,031    $11,896    $31,678     $37,593
(b) Stock-based compensation                                    (579    )  (746    )  (1,807   )  (2,343   )
Non-GAAP research and development                               $9,452     $11,150    $29,871     $35,250
SELLING, GENERAL AND ADMINISTRATIVE:
GAAP selling, general and administrative                        $10,960    $12,763    $34,134     $38,715
(b) Stock-based compensation                                    (1,127  )  (1,378  )  (3,834   )  (4,315   )
Non-GAAP selling, general and administrative                    $9,833     $11,385    $30,300     $34,400
INCOME (LOSS) FROM OPERATIONS:
GAAP income (loss) from operations                              ($1,078 )  $800       ($3,275  )  ($9,971  )
(a) Amortization of acquired intangible assets                  2,266      5,170      6,798       15,813
(b) Stock-based compensation                                    1,989      2,378      6,472       7,426
(c) Restructuring charges (reversals)                           183        (23     )  4,618       575
Non-GAAP income from operations                                 $3,360     $8,325     $14,613     $13,843
NET INCOME (LOSS):
GAAP net loss                                                   ($832   )  ($481   )  ($43,048 )  ($10,698 )
(a) Amortization of acquired intangible assets                  2,266      5,170      6,798       15,813
(b) Stock-based compensation                                    1,989      2,378      6,472       7,426
(c) Restructuring charges (reversals)                           183        (23     )  4,618       575
(d) Deferred tax asset valuation allowance charge               -          -          42,003      -
(e) Canadian deferred tax foreign exchange benefit              -          -          (3,204   )  -
(f) Income tax effect of reconciling items                      (154    )  (1,562  )  (335     )  (4,889   )
Non-GAAP net income                                             $3,452     $5,482     $13,304     $8,227
GAAP weighted average shares (diluted)                          23,632     22,653     23,386      22,442
Dilutive equity awards included in Non-GAAP earnings per share  375        608        324         624
2013 convertible senior notes dilutive shares (I)               3,837      4,221      3,837       3,528
2023 convertible senior notes dilutive shares (II)              -          1,591      -           -
Non-GAAP weighted average shares (diluted) (I) (II)             27,844     29,073     27,547      26,594
GAAP net loss per share (diluted)                               ($0.04  )  ($0.02  )  ($1.84   )  ($0.48   )
Non-GAAP adjustments detailed above                             $0.17      $0.23      $2.35       $0.82
Non-GAAP net income per share (diluted) (I) (II)                $0.13      $0.21      $0.51       $0.34
(I) For the three and nine months ended September 30, 2008,
the diluted earnings per share calculation excludes interest costs,
net of tax benefit, totaling $321,000 and $810,000 respectively,
related to dilutive equity shares underlying our 2013 convertible
senior notes. For the three and nine months ended September 30,
2009, the diluted earnings per share calculation excludes interest
costs, net of tax benefit, totaling $291,000 and $873,000,
respectively, related to dilutive equity shares underlying the 2013
convertible senior notes.
(II) For the three months ended September 30, 2008, the
diluted earnings per share calculation excludes interest costs,
net of tax benefit, totaling $329,000. For the nine months ended
September 30, 2008, 2.2 million as-if converted shares associated
with the Company's 2023 convertible senior notes were excluded
from the calculation as their effect would have been anti-dilutive.
(III) As adjusted due to the implementation of the cash
conversion subsections of ASC topic 470-20 "Debt with Conversion and
Other Options - Cash Conversion."
RECONCILIATION OF GAAP TO NON-GAAP LINE ITEMS AS A PERCENT OF
REVENUE
AND EFFECTIVE TAX RATE FOR THE QUARTER ENDED SEPTEMBER 30, 2009
(Unaudited)
                                                Gross   R&D     SG&A    Income    Income      Effective Tax
                                                Margin                  from Ops  before tax  Rate
GAAP                                            29.4%   14.2%   15.6%   -1.5%     -2.1%       43.7%
(a) Amortization of acquired intangible assets  2.3     --      --      3.2       3.2         (30.8)
(b) Stock-based compensation                    0.4     (0.8)   (1.6)   2.8       2.8         (27.1)
(c) Restructuring charges                       --      --      --      0.3       0.3         (2.5)
Non-GAAP                                        32.1%   13.4%   14.0%   4.8%      4.2%        -16.7%
The Company excludes the following expenses, reversals, gains and
losses from its non-GAAP financial measures, when applicable:
(a) Amortization of acquired intangible assets:
Amortization of acquisition-related intangible assets primarily
relate to core and existing technologies, patents, trade name and
customer relationships that were acquired with the acquisition of
Convedia and MCPD. The Company excludes the amortization of
acquisition-related intangible assets because it does not reflect
the Company's ongoing business and it does not have a direct
correlation to the operation of the Company's business. In
addition, in accordance with GAAP, the Company generally
recognizes expenses for internally-developed intangible assets as
they are incurred, notwithstanding the potential future benefit
such assets may provide. Unlike internally-developed intangible
assets, however, and also in accordance with GAAP, the Company
generally capitalizes the cost of acquired intangible assets and
recognizes that cost as an expense over the useful lives of the
assets acquired (other acquired in-process technology, which is
expensed immediately, as required under GAAP). As a result of
their GAAP treatment, there is an inherent lack of comparability
between the financial performance of internally-developed
intangible assets and acquired intangible assets. Accordingly, the
Company believes it is useful to provide, as a supplement to its
GAAP operating results, non-GAAP financial measures that exclude
the amortization of acquired intangibles in order to enhance the
period-over-period comparison of its operating results, as there
is significant variability and unpredictability across companies
with respect to this expense.
(b) Stock-based compensation: Stock-based compensation
consists of expenses recorded under the relevant GAAP, in
connection with stock awards such as stock options, restricted
stock awards and restricted stock units granted under the
Company's equity incentive plans and shares issued pursuant to the
Company's employee stock purchase plan. The Company excludes
stock-based compensation from non-GAAP financial measures because
it is a non-cash measurement that does not reflect the Company's
ongoing business and because the Company believes that investors
want to understand the impact on the Company of the adoption the
applicable GAAP surrounding share based payments; the Company
believes that the provision of non-GAAP information that excludes
stock-based compensation improves the ability of investors to
compare its period-over-period operating results, as there is
significant variability and unpredictability across companies with
respect to this expense.
(c) Restructuring charges (reversals): Restructuring and
other charges primarily relate to activities engaged in by the
Company's management to simplify its infrastructure. Restructuring
and other charges are excluded from non-GAAP financial measures
because they are not considered core operating activities and the
occurrence of such costs are infrequent. Although the Company has
engaged in various restructuring activities over the past several
years, each has been a discrete event based on a unique set of
business objectives. The Company does not engage in restructuring
activities on a regular basis or in the ordinary course of business.
As such, the Company believes it is appropriate to exclude
restructuring charges from its non-GAAP financial measures, as it
enhances the ability of investors to compare the Company's
period-over-period operating results.
(d) Deferred tax asset valuation allowance: A full valuation
allowance for the Company's U.S. deferred tax assets was triggered
by a three year cumulative jurisdictional pre-tax book loss
projected for years 2007, 2008, and 2009 based on a "more likely
than not" standard under the applicable GAAP. In the future, if the
Company determines that it is more likely than not to realize the
net U.S. deferred tax assets, the Company would reverse the
applicable portion of the previously recorded valuation allowance.
The Company believes it is appropriate to exclude this charge from
its non-GAAP financial measures, as it is a non-cash charge and its
exclusion enhances the ability of investors to compare the Company's
period-over-period operating results.
(e) Canadian deferred tax foreign exchange benefit: During
the first quarter of 2009, the Company recorded a favorable tax
benefit related to locking in a foreign exchange with Canadian tax
authorities. This exchange rate will be used to value the Company's
historical Canadian dollar denominated deferred tax assets going
forward. The Company believes it is appropriate to exclude this
charge in its non-GAAP financial measures, as it is a non-cash
benefit and its exclusion enhances the ability of investors to
compare the Company's period-over-period operating results.
(f) Income taxes: Income tax provision/ (benefit) associated
with non-GAAP adjustments.
RECONCILIATION OF GAAP TO NON-GAAP GUIDANCE
NET INCOME (LOSS) AND NET INCOME (LOSS) PER SHARE
(In millions, except per share amounts, unaudited)
                                                  Three Months Ended
                                                  December 31, 2009
                                                  Low End      High End
GAAP net income (loss) (assumes tax rate of 10%)  ($1.7     )  $0.2
Stock-based compensation                          2.1          2.1
Amortization of acquired intangible assets        2.3          2.3
Restructuring charges                             0.2          0.2
Income tax effect of reconciling items            (0.5      )  (0.5      )
Total adjustments                                 $4.1         $4.1
Non-GAAP net income (assumes tax rate of 10%)     $2.4         $4.3
GAAP weighted average shares (diluted) (I)        23,800       24,200
Non-GAAP adjustment                               4,200        3,800
Non-GAAP weighted average shares (diluted) (II)   28,000       28,000
GAAP net income (loss) per share (diluted) (I)    ($0.07    )  $0.01
Non-GAAP adjustments detailed above               0.17         0.15
Non-GAAP net income per share (diluted) (II)      $0.10        $0.16
(I) The effects of the 2013 convertible senior notes were
excluded in the computation of diluted earnings per share as the
effect would be anti-dilutive.
(II) The non-GAAP diluted weighted average shares
outstanding includes the effects of the shares underlying the 2013
convertible senior notes, and as a result the diluted earnings per
share calculation excludes the interest expense for the converts,
net of tax. Total net interest expense added back to net income
amounts to $291 thousand.
RECONCILIATION OF GAAP TO NON-GAAP GUIDANCE
RESEARCH AND DEVELOPMENT EXPENSE AND
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE
(In millions, unaudited)
                                                  Estimates at the midpoint of the
                                                  guidance range for
                                                  the Quarter
                                                  Ended December 31, 2009
                                                  R&D          SG&A
GAAP                                              $10.2        $11.9
Stock-based compensation                          (0.6      )  (1.3      )
Non-GAAP                                          $9.6         $10.6

SOURCE: RadiSys Corporation

RadiSys Corporation 
Brian Bronson, 503-615-1281 
Chief Financial Officer 
brian.bronson@radisys.com 
or 
Holly Stephens, 503-615-1321 
Finance and Investor Relations Manager 
holly.stephens@radisys.com

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Companies: RadiSys Corp. (RSYS)

 

RadiSys to Present at the TechAmerica AeA Classic Financial Conference on November 2, 2009 -

RadiSys(R) Corporation (NASDAQ:RSYS), a leading global provider of advanced embedded solutions, announced that it will be presenting at the TechAmerica AeA Classic Financial Conference in San Diego, CA. Brian Bronson, Chief Financial Officer, will present an overview of the Company's business and strategy on Monday, November 2, 2009.

A live audio webcast will be available on Monday, November 2, 2009 at 9:05 a.m. PT on the Company's investor relations website at http://investor.radisys.com/. A replay of the event will also be available on the Company's investor relations website for sixty days after the event.

About RadiSys

RadiSys (Nasdaq: RSYS) is a leading provider of advanced embedded solutions for the communications networking and commercial systems markets. Through intimate customer collaboration and combining innovative technologies and industry leading architecture, RadiSys helps OEMs, systems integrators and solution providers bring better products to market faster and more economically. RadiSys products include embedded boards, application enabling platforms and turn-key systems, which are used in today's complex computing, processing and network intensive applications. For more information, visit http://www.radisys.com, write to info@radisys.com, or call 800-950-0044 or 503-615-1100. Editors seeking more information may contact Lyn Pangares at RadiSys Corporation at 503-615-1220 or lyn.pangares@radisys.com.

RadiSys(R) is a registered trademark of RadiSys Corporation.

SOURCE: RadiSys Corporation

For RadiSys 
Brian Bronson, 1-503-615-1281 
Chief Financial Officer 
brian.bronson@radisys.com 
Holly Stephens, 1-503-615-1321 
Finance and Investor Relations Manager 
holly.stephens@radisys.com

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Companies: RadiSys Corp. (RSYS)

 

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