Press Releases

LOS ANGELES--(BUSINESS WIRE)-- Arden Group, Inc. (Nasdaq: ARDNA) today released its sales and income figures for the third quarter ended October 3, 2009.

Arden Group, Inc. is the parent company of Gelson's Markets which operates 18 full-service supermarkets in Southern California carrying both perishable and grocery products.

(TABULAR INFORMATION ATTACHED)

ARDEN GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

THIRD QUARTER EARNINGS RELEASE

(UNAUDITED)

                         Thirteen Weeks Ended        Thirty-Nine Weeks Ended

                         October 3,   September 27,  October 3,   September 27,

(In Thousands,
Except Share and         2009         2008           2009         2008
Per Share Data)

Sales               (a)  $ 103,754    $ 114,156      $ 320,452    $ 349,588

Operating income    (b)    7,821        6,342          25,436       27,355

Interest, dividend
and other income    (c)    57           600            170          1,766
(expense), net

Income before              7,878        6,942          25,606       29,121
income taxes

Income tax                 3,210        2,828          10,434       11,864
provision

Net income               $ 4,668      $ 4,114        $ 15,172     $ 17,257

Basic and diluted
net income per           $ 1.48       $ 1.30         $ 4.80       $ 5.46
common share

Basic and diluted
weighted average           3,161,098    3,161,098      3,161,098    3,161,098
common share
outstanding

     Same store sales decreased 9.1% and 8.3% during the thirteen and
     thirty-nine weeks ended October 3, 2009, respectively, compared to the same
(a)  periods of 2008. Sales have been negatively impacted by economic conditions
     and increased competition in our trade area; however, the Company has
     implemented new marketing programs in an effort to retain and attract
     customers.

     Operating income increased during the third quarter of 2009, compared to
     the third quarter of 2008, primarily due to a significant reduction in
     stock appreciation rights (SARs) compensation expense partially offset by
(b)  the negative impact of reduced sales and an increase in hourly union wage
     rates. During the third quarter of the prior year, the Company recorded
     SARs compensation expense of $2,489, whereas in the same period of the
     current year, the Company reversed previously recognized SARs compensation
     expense of $135.

     On a year-to-date basis, the Company experienced a decrease in operating
     income as the result of lower sales and higher hourly wage rates as
     discussed above. Lower operating income was partially offset by a decrease
     in SARs compensation expense. The Company recognized SARs compensation
     expense of $286 and $2,300 for the first thirty-nine weeks of fiscal 2009
     and 2008, respectively.

     Net interest and dividend income is substantially lower for the thirteen
     and thirty-nine weeks ended October 3, 2009 compared to the same periods in
(c)  2008 due to significantly lower interest rates and cash available for
     investment due to a special cash dividend totaling $79,027 paid on December
     8, 2008.

    Source: Arden Group, Inc.

AUSTIN, Texas--(BUSINESS WIRE)-- Texas Mutual Insurance Company, the state's leading provider of workers' compensation insurance, has begun distributing approximately $1 million in dividends among nearly 2,600 first-year policyholders across the state.

"We have a permanent, vested interest in helping Texas businesses thrive," said Bob Barnes, chairman of Texas Mutual's board of directors. "We have pumped more than $670 million into our state's economy through our individual policyholder dividend plans since 1999. Our policyholders have used those funds to expand their businesses, create jobs, pay skilled employees and improve their safety programs."

Dividends are based largely on each policyholder's loss ratio. Policyholders who focus on preventing workplace accidents and helping injured workers get well and back on the job improve their chances of earning a dividend.

The first-year policyholder dividends represent the final component of Texas Mutual's $75 million 2009 dividend distribution. Approximately 38,000 business owners across the state, representing 79 percent of the company's policyholders, earned a dividend.

Texas Mutual notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends. For more information about dividends, visit www.texasmutual.com.

About Texas Mutual Insurance Company

Austin-based Texas Mutual Insurance Company is the state's leading provider of workers' compensation insurance. Since 1991, the company has provided a stable, competitively priced source of workers' comp insurance for Texas employers.

    Source: Texas Mutual Insurance Company

NEW YORK, Nov. 11 /PRNewswire-FirstCall/ -- With 1.2 million American students dropping out of high school every year, AT&T* and Junior Achievement continue to team up for the second year of the AT&T / JA Worldwide Job Shadow Initiative.

(Photo: http://www.newscom.com/cgi-bin/prnh/20091111/CG09507)

Three high schools will be hosted by AT&T employees in enterprise sales, AT&T owned retail channel and NY-NJ network on November 10 in New York City and Woodbury, N.Y.; part of a multimillion dollar, multiyear national job shadow program to help strengthen student success and workforce readiness. Students will go back to "work" with AT&T colleagues during their regular day to see firsthand the educational background and skills they will need to succeed on the job.

Students from the Academy of Hospitality and Tourism Enterprise, Business and Technology High School will "shadow" AT&T employees at company-owned locations in the following Brooklyn communities:

    --  Bayridge store on 86th Street
    --  Bensonhurst store on 86th Street
    --  Flatbush store on Flatbush Avenue
    --  Montague store on Montague Street
    --  Sunset Park store on 5th Avenue

    --  Fulton Street store on Fulton Street

Students from the Academy of Hospitality and Tourism Enterprise Erasmus Hall Campus will "shadow" with AT&T employees at company-owned stores in the following areas of Manhattan:

    --  Madison Avenue and 48th Street
    --  Rockefeller Center
    --  Park Avenue

    --  Broadway

Employees working in AT&T's administration building in Woodbury, NY will host students from the Kings Park High School, who will get a chance to see and hear real-life work experiences from employees in enterprise sales, local wireless network and AT&T company-owned retail channel.

"Based on the tremendous success of previous Job Shadow events held earlier this year; we decided to widen the program with network and enterprise sales colleagues who can give additional perspective on future careers in wireless, education requirements, what it takes to succeed and most important, sharing their personal stories," said Tom DeVito, vice president and general manager for AT&T in New York and New Jersey and NYC Junior Achievement board member.

"Competition for good paying jobs will continue to be fierce and that makes it more important than ever for us to prepare our young people for the workforce," said John Jefferson, Vice President, AT&T External Affairs, NYC. "This partnership between leaders in business, education and the local community will provide a meaningful stepping stone to area students."

Recent findings from a report evaluating students who participated in the first year of the AT&T / JA Worldwide Job Shadow Initiative show the program is making an impact and changing attitudes about staying in school:

    --  All students felt that it is important to graduate from high school, and
        ninety-nine percent felt confident in their ability to do so months
        after participating in the program.
    --  Eighty-nine percent of students felt that participating in Job Shadow
        made them realize the importance of staying in school.
    --  Ninety-four percent indicated that they had improved their ability to
        set goals as a result of Job Shadow and 90 percent reported that they
        utilized this skill months after the program.

    --  Ninety-four percent agreed that their ability to identify occupations
        that interest them had improved as a result of Job Shadow and ninety-two
        percent had researched careers that interest them months after the
        program.

Many of the students dropping out of high school are dropping out despite the fact they have passing grades. They simply don't see the relevance of their school work today to a future career. That's why the $5.5 million Job Shadow initiative is a key pillar of the AT&T Aspire program, one of the largest-ever corporate commitments to high school retention and workforce readiness. It provides a chance for students to explore potential future careers and connect classroom learnings to real life opportunities.

The initiative is committed to reaching 100,000 high school students over 5 years. During the 2008-2009 school year, over 13,000 students in over 100 cities participated in the initiative.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE® magazine's list of the World's Most Admired Companies. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.

About Philanthropy at AT&T

For 25 years, AT&T and the AT&T Foundation have been committed to advancing education, strengthening communities and improving lives. Through its philanthropic initiatives and partnerships, AT&T supports projects that create learning opportunities; promote academic and economic achievement; and address community needs. As the AT&T Foundation celebrates its 25th anniversary in 2009, more than $160 million was contributed through corporate-, employee- and AT&T Foundation-giving programs in 2008 alone.

© 2009 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

About Junior Achievement® (JA)

Junior Achievement is the world's largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Through a dedicated volunteer network, Junior Achievement provides in-school and after-school programs for students which focus on three key content areas: work readiness, entrepreneurship, and financial literacy. Today, 131 individual area operations reach more than four million students in the United States, with an additional five million students served by operations in 123 other countries worldwide. For more information, visit www.ja.org.

SOURCE AT&T Inc.

DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/cad2be/global_milk_dair) has announced the addition of the "Global Milk & Dairy Products Market Report: 2009 Edition" report to their offering.

Dairy industry represents a major segment of the food industry. Every individual consumes dairy products daily in various forms like curd, cheese, milk, and their increased attention towards health and nutrition has increased the demand of dairy products. The dairy farming has been transformed from traditional farming to advanced farming where more tools and equipments are used to fulfil the increasing demand of the customers and has enabled the manufacturers to present the dairy products in different forms like condensed milk, powdered milk, homogenized milk, and pasteurized milk.

Government of every country has provided various provisions for subsidies to producers which have helped in encouraging surplus production. Export subsidies have been paid by governments to utilize the excess production in the worldwide markets. Tariff and non-tariff barriers have also been erected by the governments both in developed and developing countries to protect the dairy sector from unfair competition.

Production and consumption of cheese is the most amongst all dairy products worldwide. The cheese segment has shown significant growth in the last few years. Japan is the leading cheese importer and accounts for than forty percent of worldwide imports.

By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

The report discusses the various segments of the dairy industry and presents an analysis of the milk and dairy products market in India, China, US, European Union, GCC Countries and Japan. It discusses the key growth drivers of the dairy industry related to various countries. The report further analyzes the major trends prevalent in the market. The report also profiles the major companies operating in the industry, with a focus on their business strategies.

Key Topics Covered:

    --  Dairy Products - Market Overview
    --  Worldwide Milk & Dairy Products Industry
    --  Market Segmentation
    --  Regional Dairy Markets
    --  Company Profiles
    --  Outlook of World Milk & Dairy Market
    --  List of Tables
    --  List of Charts

Companies Mentioned:

    --  Nestle SA
    --  American Dairy, Inc.
    --  Danone SA
    --  Fonterra Co-operative Group

For more information visit http://www.researchandmarkets.com/research/cad2be/global_milk_dair

    Source: Research and Markets

LOS ANGELES, CA -- (MARKET WIRE) -- 11/11/09 -- Healthcare Advisory Partners is pleased to introduce one of the finest Medicare Certified Home Health Agencies in Central Indiana. The agency has established an excellent management team that runs day-to-day operations and maintains relationships with a diverse range of referral sources. Most of the revenue is generated through the Medicare program, but the agency also does a small amount of private duty and Medicaid business.

The current revenue run rate is about $4 Million and the agency is very profitable. The company has grown continuously from the beginning and the infrastructure is in place to support further expansion within their growing service area. The owners have been able to step away from the business because they brought in highly capable managers who would be expected to stay on with the new owner. The seller feels that the time is right for a larger operator to take the company to the next level.

If you would like to learn more about this opportunity, please contact us at 310.857.6883 or info@healthcareadvisorypartners.com.

About Healthcare Advisory Partners:

Healthcare Advisory Partners is a leading mergers & acquisitions advisory firm that specializes in the healthcare services industry. We are a multidimensional firm offering a suite of complementary services to middle market healthcare providers. Not only do we provide sell side and buy side representation, but we also offer dedicated search services, valuation services, and access to corporate finance, as well as management consulting services including non-transactional M&A advisory, expert witness services, and fairness opinions.

Contact:
Healthcare Advisory Partners
310.857.6883
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