The company achieved record booking levels in the fourth quarter with a 1.6 book-to-bill ratio. Increased orders came from Africa, Europe, Middle East and Russia as well as North America. Demand for the companys Eclipse product line was particularly strong when compared with prior periods.
However, expense levels in the quarter increased by approximately $13 million to $14 million compared with previous estimates, as a result of higher orders-based sales compensation expense, increased allowance for doubtful accounts charges, project charges, and outside
professional services. As a result, non-GAAP earnings per share for fiscal 2008 will not meet the companys previously announced target of $0.82 per diluted share.

• Press release  7.30.08