2 million and earnings of $81.
These results compare to revenues of $53.S.gif
To reference the graphic "FLEXengine Technology: End-to-End
Overlay, Converge, Compress RAN Solution,"
http://www. Carrier Access
products enable customers to consolidate and upgrade access capacity
for the implementation of converged voice, video , and data services at
lower costs. Carrier Access' technologies help our customers do more
with less.

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EDT,
2:00 p. The call, hosted by Pixar's Chairman and Chief Executive
Officer, Steve Jobs , and Executive Vice President and Chief Financial Officer,
Simon Bax, can be accessed by dialing 888-428-4480 (U. A replay of the
call will be provided through Monday, May 9, 2005 until midnight EDT,
9:00 p. The webcast will be accessible through Pixar's web
site at http://www., Finding Nemo and The Incredibles.
Pixar has won 18 Academy Awards(R) and its six films have grossed more than
$3. Factors that could cause delays in the release of the film
include, but are not limited to: (1) the uncertainties related to production
delays; (2) financing requirements or other marketing or distribution factors;
(3) personnel availability; (4) external socioeconomic and political events;
and (5) the release dates of competitive films. It is based on advanced network processing software and
custom logic developed by Carrier Access for the Axxius(R),
MASTERSeries(TM), and the new FLEXway(TM) Radio Access Network
platforms. To reference the Optical, Scaleable Overlay,
Converge and Compress RAN Solutions please access the FLEXengine
technology links below.gif
In summary , Carrier Access has introduced an end-to-end packet
radio access network solution that economically scales in bandwidth
from two T1/E1s per cell site to large "pipe" optical concentration in
switching offices.3gsmworldcongress.com).

image gif

) or 651-291-5254
(Int'l) approximately 10 minutes prior to the start time.) or
320-365-3844 (Int'l) and reference the reservation code: 778313.

About Pixar Animation Studios
Pixar Animation Studios combines creative and technical artistry to
create original stories in the medium of computer animation.

Business Editors/High-Tech Writers
3GSM World Congress 2005

BOULDER, Colo.
Software-definable functions are provided to implement progressive
levels of voice and data bandwidth upgrades and packet access
technologies, based on network readiness and service needs.

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Pixar Reports First Quarter Financial Results

"
The company will discuss its first quarter 2005 earnings results during
the conference call to be held today, Thursday, May 5, 2005, at 5:00 p. PDT. To access the replay, please call 800-475-6701 (U. This technology is designed to
allow wireless carriers to avoid spending millions of dollars to
upgrade transport networks from cell sites to mobile switching centers
when deploying new broadband and video data services. The products will be shown with
distribution partner Telmar Network Technology - Stand G34, Hall 2.

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23 per diluted share, achieved in the year-ago quarter.
Pixar will also provide live audio streaming of its first quarter 2005
results conference call. Pixar has created
six of the most successful and beloved animated films of all time: Toy Story,
A Bug's Life, Toy Story 2, Monsters , Inc. The Northern California
studio will release its next film, Cars, on June 9, 2006.

This release contains forward-looking information regarding Pixar's
targeted release date for Pixar 's next film and actual results may differ
materially.com/images/media/image_pr4.com/images/media /image_pr3.

About Carrier Access

Carrier Access (Nasdaq:CACS) provides converged access technology
designed to streamline the communication network operations within
service provider , enterprise, and government markets.

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9 million, or $0. "Cars is looking great,
and we're also very excited about the ten year anniversary re-release of Toy
Story on DVD this Fall.pixar.2 billion at the worldwide box office to date.67 $ 0.carrieraccess.carrieraccess.

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7 million, or $0.
These earnings per share calculations reflect the adjusted share count
resulting from a 2-for-1 stock split , which took effect April 19, 2005.m.com/investor/index.23

Shares used in computing basic
net income per share 117,328 111,582

Shares used in computing diluted
net income per share 122,464 117,214

Pixar Animation Studios
Condensed Balance Sheets
(Unaudited, in thousands)
April 2, January 1,
2005 2005
ASSETS

Cash and investments $ 876,063 $ 854,784
Receivables, net 192,755 81,962
Prepaid expenses and other assets 3,627 2,227
Deferred income taxes 81,115 70,424
Property and equipment, net 124,445 125,602
Capitalized film production costs 132,379 140,038

Total assets $ 1 ,410,384 $ 1,275,037

LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities:
Accounts payable $ 1,629 $ 5,392
Other accrued liabilities 16,583 26,971
Income taxes payable 52,946 14,077
Unearned revenue 8,840 8 ,502

Total liabilities 79,998 54,942

Shareholders ' equity:
Common stock 717,093 687,387
Accumulated other comprehensive loss (3,513) (2,211)
Retained earnings 616,806 534,919
Total shareholders' equity 1,330 ,386 1,220,095

Total liabilities and shareholders' equity $ 1,410,384 $ 1,275,037

FLEXengine is a new high-capacity circuit and packet processing
technology for cell site access, switching center, and transport hub
locations.
To reference the graphic "Intelligent Access Optimization with
FLEXengine," http://www.carrieraccess.
FLEXengine technology began first product shipments to North American
wireless operators this month.

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EMERYVILLE, Calif. For the quarter, Pixar reported revenues of
$161.70 $ 0.5G, 3G and IP/Ethernet
Access with Existing GSM Access Allows Network Operators to
Gain ROI in 6 to 12 Months

Carrier Access Corporation (Nasdaq:CACS), a market leader in North
American cell site access equipment, today announced the availability
of next-generation Radio Access Network (RAN) solutions based on its
newly released FLEXengine technology.com/images/media/image_pr1.carrieraccess.
Carrier Access introduces FLEXengine technology optimized for the
MASTERSeries, Axxius, and FLEXway platforms at this year's 3GSM World
Congress trade show, February 14-17, in Cannes, France
(www. For more information, visit www.com/3gsm05

gif image

, Pixar Animation
Studios (Nasdaq: PIXR) today announced financial results for its fiscal first
quarter ended April 2, 2005.67 per diluted share.m. PDT.S .

Pixar Animation Studios
Condensed Statements of Income
(Unaudited, in thousands, except per share data)

Quarter Ended
April 2, April 3,
2005 2004
Revenue:
Film $ 157,912 $ 51,092
Software 3,332 2,732

Total revenue 161 ,244 53,824

Cost of revenue 27,457 5,904

Gross profit 133,787 47,920

Operating expenses:
Research and development 2,824 3,398
Sales and marketing 762 372
General and administrative 4,375 3,076

Total operating expenses 7 ,961 6,846

Income from operations 125,826 41,074

Interest income and other 4,776 2,896

Income before income taxes 130,602 43,970

Income tax expense 48,715 17,228

Net income $ 81,887 $ 26,742

Basic net income per share $ 0.----

FLEXengine(TM) Technology for Converging 2.5G, 3G and 4G broadband data
over both existing and new packet-based broadband wireline or
microwave wireless access networks.
The Carrier Access FLEXengine technology is designed to be
software-definable. These
levels of FLEXengine software implementation are termed overlay,
converge, and compress.com/images/media/image_pr2.carrieraccess . FLEXengine technology provides a software-definable
platform that enables broadband and video data services to be added in
Radio Access Networks with minimum capital and operating expenses,
while improving service quality.

atlasgeo bissau

8 million and earnings of
$26.
"We're off to a terrific start with The Incredibles shaping up to be the
best selling DVD of 2005," said Pixar CEO Steve Jobs.m.html . Please refer to Pixar's 2004
Form 10-K, particularly the sections on risks, for important factors that
could cause actual results to differ.gif
To reference the graphic "Abis Compression: greater than 50%
Bandwidth Savings,"
http://www.

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24

Diluted net income per share $ 0.

Carrier Access Announces Next Generation FLEXengine Packet Radio Access Network Solutions at 3GSM World Congress

Carrier Access offers this
next-generation technology for both new product shipments and as an
upgrade to its installed base of over 50,000 cell sites within leading
wireless service providers that include Cingular, T-Mobile, Verizon
Wireless, and American Movile. FLEXengine is designed to integrate all critical functions
required to optimize the transport of 2. This enables wireless operators to use
downloadable software libraries, rather than replace existing
hardware , to enable network access technology upgrades.gif
To reference: Providing Complete Radio Access Network Solutions,"
http://www.