IDG's Computerworld Recognizes Verizon Wireless CIO As One Of Its 2008 Premier 100 IT Leaders and ADRs in Focus: Vimpel-Communications

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City of Industry, CA --(www.USEquityNews.com)-- 12/12/2007 - Wireless Communications industry alert provided by U.S. Equity News. IDG's Computerworld magazine has recognized Verizon Wireless' (NYSE: VZ) Chief Information Officer Ajay Waghray as one of Computerworld's 2008 Premier 100 IT Leaders in its annual survey released recently. Computerworld's 2008 Premier 100 IT Leaders honors one hundred IT executives who have led their organizations by mentoring and motivating employees; envisioning innovative solutions to business challenges; and effectively managing and executing IT strategies. Waghray will be recognized at Computerworld's upcoming Premier 100 IT Leaders Conference held March 9-11, 2008, at the Rosen Shingle Creek Resort in Orlando, Fla.


Telespree Communications, the leading device based self-service platform provider for wireless carriers and Mobile Virtual Network Operators (MVNOs), announced that Virgin Mobile USA has deployed Telespree's Over-The-Air (OTA) solution to automate its mobile handset programming process. Virgin Mobile USA (NYSE: VM), a leading national provider of wireless communications services without annual contracts serving nearly five million customers, implemented Telespree's solution to further improve its customer experience. Virgin Mobile USA deployed Telespree technology for first time programming of new devices as well as for existing users who want to change or upgrade their mobile phones.

Shares of Russian wireless provider Vimpel-Communications (NYSE: VIP) sank recently, retreating from all-time highs, after a Bear Stearns analyst downgraded the stock, saying the share price is high and competition is set to increase. Vimpel shares have more than doubled in value this year, and reached a high of $41.65 recently. That led analyst Alex Kuznetsov, who said he thinks the stock will be worth $31 per share at the end of 2008, to downgrade shares to "Underperform" from "Peer Perform."

Diamond I, Inc. (OTCBB: DMOI) announced recently that its free Poker web site, www.islandbluecasino.net, will add prizes for its top winners at its Island Blue Casino beginning December 1, 2007. "By adding prizes for our best players, we expect to capitalize on the overwhelmingly positive response to our Island Blue Casino free Poker web site," said DMOI's CEO David Loflin. "The volume of traffic to Island Blue Casino continues and we expect to begin soon to generate revenues through click-through advertising programs."

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