USCIS just issued another H-1B cap update. As of May 4, 2012, USCIS received approximately 32,500 H-1B cap-subject petitions. Additionally, USCIS has received 13,700 H-1B petitions for individuals with advanced degrees from U.S. universities. More than 50% of both the regular cap and the advanced degree cap petitions are gone. Companies need to get their act together and file soon otherwise the visas will be gone again.