Press Releases

LOS ANGELES, Feb. 9, 2010 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP announces that all persons or entities who purchased the securities of Rentech, Inc. ("Rentech" or the "Company") (AMEX: RTK) between February 8, 2008 and December 15, 2009, inclusive (the "Class Period"), have only 20 days until the March 1, 2010, deadline to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit. The case filed by Glancy Binkow & Goldberg LLP, Ben-Ami v. Rentech, Inc., et al., No. 09‑cv‑09555-GHK, has been assigned to the Honorable George H. King, United States District Judge for the Central District of California.

A copy of the Complaint is available from the court or from Glancy Binkow & Goldberg LLP. Please contact us by phone to discuss this action or to obtain a copy of the Complaint at (310) 201‑9150 or Toll Free at (888) 773‑9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

The Complaint charges Rentech and certain of the Company's current and former executive officers with violations of federal securities laws. Rentech provides clean energy solutions to produce ultra‑clean synthetic fuels and chemicals. The Company owns and licenses a proprietary technology which converts carbon-bearing gases derived from various biomass, waste and fossil resources into hydrocarbons, which can be processed and upgraded into ultra‑clean synthetic fuels, such as military and commercial jet fuels, and ultra low sulfur diesel fuel, as well as specialty waxes, feedstocks and chemicals. The Complaint alleges that throughout the Class Period defendants knew or recklessly disregarded that their public statements concerning Rentech's business, prospects and financial performance were materially false and misleading. Specifically, defendants made false and/or misleading statements and/or failed to disclose: (1) that during the Class Period the Company improperly classified cash deposits required by forward gas purchase contracts as inventory; (2) that, as a result, the Company's financial results were overstated during the Class Period; (3) that the Company's financial results were not prepared in accordance with Generally Accepted Accounting Principles ("GAAP"); (4) that the Company lacked adequate internal and financial controls; and (5), as a result of the above, the Company's financial statements were materially false and misleading at all relevant times.

On December 14, 2009, Rentech shocked investors when it announced that the Company would restate its previously reported annual and quarterly results for fiscal year 2008 and for the first three quarters of fiscal year 2009, to correct "a prior incorrect classification of cash deposits required by forward gas purchase contracts as inventory, and reclassifies them as deposits on gas purchase contracts within current assets on the balance sheet."

As a result of this news, Rentech stock fell approximately 11%, on unusually heavy trading volume, from its December 14, 2009 closing price of $1.64 per share, to close on December 16, 2009 at $1.47 per share. Since the Company's December 14, 2009 disclosure, the price of Rentech stock has declined $0.50 per share, or approximately 30%, as of February 8, 2010.

The Private Securities Litigation Reform Act of 1995 ("PSLRA") requires the Court to appoint a "Lead Plaintiff" in this case. Any person or group who suffered a loss as a result of purchasing Rentech securities between February 8, 2008 and December 15, 2009, may ask the Court to be appointed as Lead Plaintiff, but must file a motion no later than the March 1, 2010 deadline.

Glancy Binkow & Goldberg LLP is a law firm with significant experience in prosecuting class actions, substantial expertise in actions involving corporate fraud, and is representing shareholders of Rentech in this litigation.

If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, California 90067, by telephone at (310) 201‑9150, Toll Free at (888) 773‑9224, by e‑mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

CONTACT:  Glancy Binkow & Goldberg LLP, Los Angeles, CA
          Lionel Z. Glancy
          Michael Goldberg
          (310) 201-9150
          (888) 773-9224
          shareholders@glancylaw.com
          www.glancylaw.com

BOISE, Idaho and GENEVA, Feb. 9, 2010 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), and Numonyx Holdings B.V. announced today that the companies have signed a definitive agreement under which Micron has agreed to acquire privately held Numonyx in an all-stock transaction valuing Numonyx at approximately $1.27 billion USD.

Under the terms of the agreement, Micron will issue 140 million Micron common shares to Numonyx shareholders, Intel Corporation, STMicroelectronics, N.V. and Francisco Partners. Up to 10 million additional Micron common shares will be issued ratably to Numonyx shareholders to the extent the volume weighted average price of Micron shares for the 20 trading days, ending two days prior to the close of the transaction, ranges between $7.00 and $9.00 per share.

The transaction further strengthens Micron's position as one of the world's leading memory companies, with a broad portfolio of DRAM, NAND and NOR memory products and strong expertise in developing and supporting memory system solutions. Micron would also gain increased manufacturing scale globally and access to Numonyx's customer base, providing significant opportunities to increase multi-chip offerings in the embedded and mobile markets.

"Acquiring Numonyx brings together two memory leaders and positions Micron to offer the most comprehensive, cost-competitive solutions in the industry to a broad range of customers and end-markets," said Steve Appleton, Chairman and CEO of Micron.

"We believe the opportunity for Numonyx to join with Micron will deliver a clear advantage for our customers and our employees," said Brian Harrison, President and CEO of Numonyx. "This announcement is a strong testimony to the value of Numonyx technologies, products and people. The result will be a strong company that can best serve our target market segments and customers by delivering enhanced memory solutions, strength and scale. It is good for Numonyx and good for Micron."

Micron currently estimates that the transaction would be accretive to the company on both free-cash flow and non-GAAP earnings beginning fiscal year 2011. In addition, it is anticipated that the Numonyx balance sheet will be debt-free following closing.

The transaction is subject to regulatory review and other customary closing conditions and is currently anticipated to close within three to six months.

Conference Call Details

Micron will host a conference call today at 6:00 p.m. MST to discuss the transaction. The call, audio and slides will be available online at http://www.micron.com/investors/conference. A webcast replay will be available on the company's web site until Feb. 9, 2011. Information regarding the taped audio replay of the conference call will also be available on www.micron.com beginning at 9:00 p.m. MST.

About Micron

Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron's common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.

The Micron Technology, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6950

About Numonyx

Numonyx provides a full complement of integrated NOR, NAND, RAM and Phase Change non-volatile memory technologies and products to meet the increasingly sophisticated needs of customers in the cellular, data and embedded markets. Numonyx is dedicated to providing high density, low power memory technologies and packaging solutions to a global base of customers. Additional information about Numonyx is available at www.numonyx.com.

Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.

This press release contains forward-looking statements regarding the impact of the acquisition on Micron's results and operations and the timing of the closing. Actual events or results may differ materially from those contained in the forward-looking statements. Please refer to the documents Micron files on a consolidated basis from time to time with the Securities and Exchange Commission, specifically Micron's most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause the actual results for Micron on a consolidated basis to differ materially from those contained in our forward-looking statements (see Certain Factors). Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

CONTACT:  Micron Technology
          Daniel Francisco
          208-368-5584
          dfrancisco@micron.com

          Numonyx B.V.
          Mark Miller
          916-380-2090
          mark.miller@numonyx.com

          Intel Corporation
          Chuck Mulloy
          408-765-3484
          cmulloy@intel.com

          Francisco Partners
          Tom Ludwig
          415-418-2930
          ludwig@franciscopartners.com

SEATTLE, Feb. 9, 2010 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) announces that the Court has ruled that Plaintiffs in Vercellono v. Gerber Prods. Co., No. 09-02350 (D.N.J.) and Levinson v. Johnson and Johnson Consumer Cos., Inc., No. 09-03317 (D.N.J.), may proceed with their class action claims against Defendants Johnson & Johnson (NYSE: JNJ) and Wal-Mart Stores Inc. (NYSE: WMT) for selling children's shampoo and baby wash that contains methylene chloride, a banned ingredient in cosmetics that is linked to increased cancer risk.

The Court held that Plaintiffs in both putative class actions stated viable claims under Missouri and Nevada law against Defendants for violations of state consumer protection acts and breaches of implied warranties. In the complaints that are pending in the U.S. District Court, District of New Jersey, Plaintiffs allege that, despite Defendants' representations that Johnson's(R) Baby Shampoo and Wal-Mart's Equate Tearless Baby Wash are "as gentle to the eyes as pure water" and "extra mild" for babies, these products are actually contaminated with methylene chloride. Methylene chloride is one of only 11 chemicals that the Food and Drug Administration has banned as an ingredient in cosmetics, out of more than 12,500 ingredients currently used. See 21 C.F.R. Section 700.19 (1989). Plaintiffs further allege that methylene chloride can be removed through a simple and cost-effective process of vacuum-stripping.

Two additional cases regarding similar allegations are also are pending in U.S. District Court, District of New Jersey: Crouch v. Johnson & Johnson Consumer Cos., Inc., No. 09-02905 and Boyd v. Johnson & Johnson Consumer Cos., Inc., No. 09-03135.

Keller Rohrback is continuing its investigation regarding certain children's personal care products that may contain methylene chloride including:

  --  Johnson's(R) Baby Shampoo;
  --  Equate Tearless Baby Wash; and
  --  Target Night-time Bath and Body Wash.

Independent testing revealed that these products may be contaminated with methylene chloride. According to Keller Rohrback Attorney Lynn Sarko, "The last place this dangerous chemical should be is in products intended for babies."

If you purchased one of these products and you wish to learn more about our investigation or the pending litigations, please contact paralegal Natalie Stephenson or attorneys Gretchen Cappio, Laura Gerber, or Lynn Sarko at 800.776.6044 or 206.623.1900 or via email at consumer@kellerrohrback.com.

Keller Rohrback, with offices in Seattle, Phoenix, and New York, has successfully pursued claims against product manufacturers and distributors, pharmaceutical companies, and medical device makers on behalf of our injured clients. We have achieved multi-million dollar settlements on behalf of nationwide classes of consumers.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

CONTACT:  Keller Rohrback L.L.P.
          Natalie Stephenson, Paralegal
          (800) 776-6044
          consumer@kellerrohrback.com
          www.krclassaction.com

Greener Gadgets Design Competition Opens for Public Vote

ARLINGTON, Va.--(BUSINESS WIRE)-- The Consumer Electronics Association (CEA)(R) today announced new speakers and a panel session focused on sustainable design for the home at the upcoming Greener Gadgets conference. Tom Hadfield, chief operating officer, LaboGroup and Leonardo Bonanni, founder and director of SourcemapTM join the world's foremost green innovators, thought-leaders and environmental stewards for the event, which will take place on Thursday, February 25, 2010 at the McGraw-Hill Conference Center in New York City.

"This year's Greener Gadgets conference is a must-attend event for green technology and design professionals," said Karen Chupka, senior vice president of CEA, organizers of the Greener Gadgets conference. "Our speaker lineup and design competition entrants will showcase incredible innovation in sustainable design and demonstrate its impact on the consumer electronics industry."

As COO of LaboGroup, a French innovation company, Hadfield worked on the development of the Andrea, a plant-based air purifier. The company is a member of the ArtScience Labs network of art and design labs experimenting on the frontiers of science. Hadfield is also the founder of the first commercial soccer website, Soccernet.com, later sold to ESPN, as well as Schoolsnet.com, an online education company. In 2001, Hadfield was named one of the 100 Global Leaders of Tomorrow by the World Economic Forum.

Bonanni is a PhD candidate at the MIT Media lab where he researches and teaches sustainable design. He is the founder and director of the open source project Sourcemap.org, a social network and tool for Life Cycle Assessment and Supply Chain Transparency. Sourcemap(TM) emerged from a curriculum he developed and currently teaches at MIT on radical sustainability in product design. He also independently practices architecture, industrial and interaction design.

Greener Gadgets also will feature a panel session titled, "Green Living Begins at Home," with a focus on sustainable design strategies in urban and rural locations. Moderated by Sarah Rich, senior editor, Dwell, the panel will feature sustainable design innovators and technology leaders including, Ellen Honigstock, Architect P.C., residential green building advocate, Urban Green Council, NY Chapter of the U.S. Green Building Council; Sarah Krasley, industry manager of sustainability, Autodesk; Kimberly Lancaster, founder, Green Life Smart Life Project and Jay McLellan, president and CEO, Home Automation Inc. (HAI).

The Greener Gadgets Design Competition, an attendee favorite, is officially open for public vote. This year's competition highlights a new class of standout sustainable products, including those that reduce carbon footprint, support sustainable lifestyles or aid in energy conservation. Finalists will be judged in front of a live audience at the Greener Gadgets Conference in New York City on February 25, 2010, for a chance at $5,000 in prizes. Voting is live at on the Greener Gadgets website: http://www.greenergadgets.com/index.php/design-competition/

For more information about Greener Gadgets 2010, or to register, please visit www.GreenerGadgets.com.

About CEA:

The Consumer Electronics Association (CEA) is the preeminent trade association promoting growth in the $165 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also sponsors and manages the International CES - Where Entertainment, Technology and Business Converge. All profits from CES are reinvested into CEA's industry services. Find CEA online at www.CE.org.

UPCOMING EVENTS

    --  Digital Music Forum East
        February 24-25, 2010, New York, NY
    --  Greener Gadgets
        February 25, 2010, New York, NY

    --  EHX Spring 2010
        March 24-27, 2010, Orlando, FL
    --  CES on the Hill
        April 20-21, 2010, Washington, DC
    --  Digital Patriots Dinner
        April 21, 2010, Washington, DC
    --  LA Games Conference
        April 29, 2010, Los Angeles, CA
    --  CEA Line Shows
        June 22-23, 2010, New York, NY
    --  2010 SINOCES
        July 8-11, 2010, Qingdao, China
    --  2010 CEA Industry Forum
        October 17-20, 2010, San Francisco, CA
    --  i-stage
        October 18, 2010, San Francisco, CA

    --  Digital Hollywood Fall
        October 18-21, 2010, Santa Monica, CA

    --  Future of Television East
        November 19, 2010, New York, NY

    Source: Consumer Electronics Association (CEA)