Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers, and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business. In short, don't blame the accountants if the company files for bankruptcy protection.

You¿d reckon that a going-concern statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know more than the bean counters.

During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.

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Thursday, May 15, 2008

REDLINE COMMUNICATIONS GROUP INC - Best of WiMAX World EMEA 2008 Awards

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Comtex

May 15, 2008 (PR Newswire Europe via COMTEX News Network) ----

Redline Communications and MTN Cameroon Selected as Finalists for Best of WiMAX World EMEA 2008 Awards' Industry Choice
TORONTO, May 15 /CNW/ - Redline Communications Group Inc. ("Redline" or "the Company"), (TSX/AIM: RDL), a leading provider
of WiMAX and wireless broadband solutions, today announced the Company and its WiMAX customer, MTN Cameroon, a major African
telecommunications provider and subsidiary of the MTN Group, have each been selected by xchange magazine as finalists to receive
the Best of WiMAX World EMEA 2008 Industry Choice Awards. Redline's nomination is for its RedMAX 4C(TM) Mobile WiMAX products
and MTN Cameroon have been selected for the roll out of its WiMAX network using Redline's WiMAX Forum Certified(R) RedMAX(R)
products. "We are honoured to be selected as a finalist for this prestigious award and are proud that the efforts of our customer,
MTN Cameroon, are being recognized by the WiMAX industry," said Kevin Suitor, Vice President, Marketing and Business Development,
Redline Communications Inc. The Best of WiMAX World awards recognize leaders in the development and deployment of WiMAX technologies.
Nominations were open to exhibitors, sponsors and presenters of the WiMAX World EMEA Conference, May 19-21, in Munich, Germany.
A select judging panel of experts from the WiMAX community chose 22 Industry Choice finalists among the nominees, including
Redline and MTN Cameroon. It is now up to their peers to determine the winner. To place your vote online, go to http://trendsmedia2.com/tmsurveys/2008/04/best-of-wimax-world-emea-indus.php.
Conference delegates will vote for the Industry Choice Award at the WiMAX World EMEA Conference. The winner will be announced
May 20 during the Best of WiMAX World EMEA Awards presentation hosted by Eliot Weinman, conference co-chair and president
of Trendsmedia, the events and publishing division of Yankee Group that produces WiMAX World Conferences & Expos, and
Mike Saxby, group publisher of xchange. Awards also will be given to outstanding WiMAX technology innovators in five additional
categories. All winners will be featured in the July issue of xchange as well as on the WiMAX World and xchange Web sites.
RedMAX 4C(TM) Mobile WiMAX The RedMAX 4C(TM), which is based on the WiMAX industry's 802.16e-2005 standards for mobile WiMAX,
supports a wide range of fixed, portable and mobile wireless services including support Voice and Video over IP, broadband
Internet access used to support highly valued education, medical, transportation and municipal applications, VPNs (Virtual
Private Networks) and other advanced communications services. The RedMAX 4C(TM) Mobile WiMAX platform is designed to enable
operators to maximize their reach and customer density for a profitable carrier business model. The RedMAX 4C(TM) includes
a modular, standardized (micro)TCA (micro Telecommunications Computing Architecture) chassis base station that is small, lightweight
and easy to deploy. RedMAX 4C(TM) will also include a suite of indoor and outdoor fixed and portable end-user devices including
laptops, mobile handsets and PDAs. Redline's new WiMAX offering is also designed to facilitate the integration of its existing
RedMAX(TM) products with its RedMAX 4C(TM) technologies. MTN Cameroon's RedMAX Deployment MTN Cameroon, a subsidiary of the
MTN Group, a multinational telecommunications group operating in 21 countries in Africa and the Middle East, chose Redline's
WiMAX Forum Certified(TM) RedMAX(TM) products for its 16 city WiMAX network. The first phase of the MTN Cameroon's WiMAX roll-out
will include the cities of Douala and Yaounde, with 14 additional cities planned by the end of 2008. During this phase, MTN
Cameroon will install base stations with capacity to serve thousands of users and will offer VLAN services to more than 700
corporate customers. The company has extended its services to more than 12,000 residential users in Douala and Yaounde. MTN
Cameroon chose Redline's RedMAX products after a two year tender process during which the company evaluated WiMAX products
from several companies. "xchange congratulates the finalists in this contest," said Mike Saxby, group publisher of xchange.
"The Industry Choice nominees are among the best and brightest in the field, showcasing the rapid advancement of WiMAX technology."
Finalists for the Best of WiMAX World awards were selected by an independent judging panel, including Craig Mathias, principal,
Farpoint Group; Will Strauss, principal analyst, Forward Concepts; Adlane Fellah, CEO and founder, Maravedis Inc.; Caroline
Gabriel, lead research analyst, Rethink Research; Philip Marshall, vice president of enabling technologies, Yankee Group;
and representatives from xchange and Trendsmedia. For more information on the Best of WiMAX World EMEA Awards, visit www.xchangemag.com/wimaxaward2008.
About xchange Founded in 1996, xchange is a monthly magazine for facilities-based service providers offering voice, data,
wireless, IP, WiMAX and content. Its seasoned editors do more than simply report on industry news; they dig beneath the surface
to provide analysis on what new equipment, new services, new regulatory activities and other new developments mean to xchange's
readers. The publication has an online buyer's guide; a companion Web site, www.xchangemag.com; a weekly newsletter; and it
hosts Webinars and publishes eBooks on special topics on a periodic basis. About Trendsmedia Trendsmedia is an integrated
media firm serving emerging technology markets. Trendsmedia's mission is to help their clients stay ahead of the major technology
trends that are likely to impact their businesses significantly. Trendsmedia provides their clients with independently researched
and produced media products that target emerging technology markets in depth, including focused conferences, independently
produced online media, and in-depth newsletters and market intelligence studies. For more, see www.trendsmedia.com. About
WiMAX World Conference & Expo WiMAX World Conference & Expo is the largest event series in the world focused on WiMAX
and mobile broadband. WiMAX World Conference & Expo is dedicated to providing a balanced view of where WiMAX stands today
and what role it will play in the future of one of the fastest-growing market segments in the world - wireless and mobile
broadband. WiMAX World incorporates all of today's converging and diverging issues surrounding WiMAX and mobile broadband.
WiMAX World provides a comprehensive view of all the related technologies, as well as regulatory and spectrum challenges,
and the business opportunities and risks as they relate to all the key constituencies involved in this critical marketplace.
In 2008, WiMAX World will be produced in Asia, Europe and the United States. For more information, visit www.wimaxworld.com.
About Redline Communications Redline Communications (www.redlinecommunications.com) is the leading provider of fixed and mobile
standards-based wireless broadband solutions. Redline's RedMAX(TM) WiMAX Forum Certified(TM) system, RedMAX 4C(TM) Mobile
WiMAX products, and its award-winning broadband wireless infrastructure family of products - RedCONNEX(TM) and RedACCESS(TM)
- enable service providers and other network operators to cost-effectively deliver high-bandwidth services, including voice,
video and data communications. Redline is committed to maintaining its wireless industry leadership with the continued development
of WiMAX and other advanced wireless broadband products. With more than 100,000 systems in 85 countries, and a global network
of over 170 partners, Redline's experience and expertise helps service providers, enterprises and government organizations
roll out wireless broadband networks to support advanced communications. NOTE: All registered and unregistered trademarks
mentioned in this release are the property of their respective owners. For further information: Redline Communications, Tom
Hearne, Carolyn Anderson, thearne(at)redlinecommunications.com, canderson(at)redlinecommunications.com, Tel: (905) 479-8344;
Equicom Group, Craig Armitage, Vanessa Beresford, carmitage(at)equicomgroup.com, vberesford(at)equicomgroup.com, (416) 815-0700
(RDL) END