News Tabs -Free Module for Joomla 1.0 and 1.5
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ImageNews Tabs module for Joomla 1.5 and Joomla 1.0 is is the ultimate way to display your featured articles, stories or even products in your Joomla! website, like Time.com, or Yahoo! do. News Tabs has many parameters to chose from and is adaptable to any Joomla template.

Parameters screen shoot

http://www.demo.youjoomla.com/News_Tabs.gif