Yahoo CEO remains upbeat despite lackluster quarter and Microfield's Energy Connect Launches Relationship with Yahoo!

City of Industry, CA --(www.USEquityNews.com)-- 07/23/2008 - Internet Information Provider industry alert provided by U.S. Equity News. With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's (NASDAQ: YHOO) CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look. "This company is doing just fine in a tough economy and a tough environment," Yang told The Associated Press in an interview late Tuesday. "We think there are a lot of good things to come still." Yahoo Inc.'s second-quarter results didn't provide much reason for enthusiasm. But at least they weren't as bad as many investors feared after Yahoo spent months sparring with Microsoft Corp. and dissident shareholder Carl Icahn while also trying to cope with a weakening U.S. economy that's make it tougher to sell online advertising -- the company's lifeblood.


Move, Inc. (NASDAQ: MOVE), today announced that it will issue its earnings release for the second quarter ended June 30, 2008 after market close on Thursday, August 7, 2008. Move will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Please dial (866) 543-6407, or if outside the U.S., (617) 213-8898 with passcode 71989706 to access the conference call at least five minutes prior to the 2:00 p.m. PT start time. A live webcast and replay of the call will also be available at http://investor.move.com under the Event Calendar menu. An audio replay will be available between 7:00 p.m. PT, August 7, 2008, and 11:59 p.m. PT, August 21, 2008, by calling (888) 286-8010, or (617) 801-6888, with passcode 99842063. Move, Inc. is the leader in online real estate with 7.4 million(1) monthly visitors to its online network of websites.

EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. (OTCBB: MICG), and industry leader in innovative demand response technologies, today announced a partnership to provide demand response services to Yahoo! Inc., a leading global Internet company. During a demand response event, companies that have previously committed to reduce their electricity usage are called upon to ease the strain on the power grid by responding quickly and decreasing their electricity consumption. By cutting back on its electricity use, Yahoo! helps balance the electric grid by freeing up power it would have otherwise been using, helping to prevent rolling blackouts, and limiting the need to bring additional green house gas generating plants on-line. "Yahoo! is committed to environmental stewardship and we are constantly searching for effective ways to decrease our carbon footprint," said Christina Page, Director of Climate and Energy Strategy at Yahoo! Inc. "We are pleased to partner with EnergyConnect and see this important program as a complement to our larger commitment to be an environmentally responsible company."

IAS Energy, Inc. (OTCBB: IASCA) is pleased to announce that www.video1314.com had record web site traffic with over 14.3 million monthly hits to its site in June, 2008. "We are on track to becoming one of the top destination sites in Asia," said Samuel Kam, Vice President of Internet Development for IAS Energy, Inc. "We are now averaging more than half a million clicks to our site each day and expect this to increase substantially in the coming months through the introduction of more user-friendly interfaces in the future." Video1314.com is a fast growing Chinese Web 2.0 platform (similar to www.youtube.com) that allows users to share videos, music, audio as well as sell goods and services using videos in its marketplace. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan.

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