Tumbleweed Stockholders Approve Merger With Axway Inc.
09 8월 2008 - 2:54AM
PR Newswire (US)
REDWOOD CITY, Calif., Aug. 8 /PRNewswire-FirstCall/ --
Tumbleweed(R) Communications Corp. (NASDAQ:TMWD) announced that at
a special meeting of stockholders held today, the stockholders of
Tumbleweed approved and adopted the Agreement and Plan of Merger,
dated June 5, 2008, by and between Tumbleweed and Axway Inc., an
indirect wholly owned subsidiary of Sopra Group SA. As previously
announced, consummation of the transaction is expected during the
third quarter, subject to the satisfaction of various other closing
conditions, including the expiration of the review process under
Exon-Florio. Tumbleweed Relocates Headquarters Effective
immediately, Tumbleweed has relocated its headquarters to: 1600
Seaport Blvd. Suite 400, South Building Redwood City, CA 94063
Telephone: 650-216-2000 Toll-free: 877-988-6253 Driving directions
are available at http://www.tumbleweed.com/ About Tumbleweed
Tumbleweed Communications Corp. (NASDAQ:TMWD), an industry leader
in managed file transfer, email security and identity validation,
provides enterprise-class solutions to organizations of all sizes.
Tumbleweed's innovative products enable organizations to
effectively manage and protect business-critical Internet
communications, with capabilities that span secure file transfer,
encryption, data loss prevention, and email security. Tumbleweed
has approximately 3,500 customers worldwide, including blue-chip
companies across an array of industries such as Technology, Retail,
Finance, Healthcare, Manufacturing, Consumer Packaged Goods,
Telecom, Energy, and the U.S. Government. The world's most security
conscious organizations rely upon Tumbleweed technology including
Bank of America Securities, JP Morgan Chase & Co., the U.S.
Food and Drug Administration, and the U.S. Department of Defense.
Our award-winning products build on 15 years of R&D and 31
security patents in the U.S. alone -- many of which are licensed by
other security vendors. More information can be found at
http://www.tumbleweed.com/. Tumbleweed, SecureTransport, Secure
Messenger and MailGate are either registered trademarks or
trademarks of Tumbleweed Communications Corp. in the United States
and/or other countries. All other trademarks are the property of
their respective owners. Safe Harbor Statement Except for the
historical information contained herein, the matters discussed in
this press release may constitute forward-looking statements that
could cause actual results to differ materially from those
currently expected, particularly with respect to the consummation
of the merger. In some cases, forward-looking statements can be
identified by terminology such as "may," "will," "should,"
"potential," "continue," "expects," "anticipates," "intends,"
"plans," "believes," "estimates," and similar expressions. For
further cautions about the risks of investing in Tumbleweed, we
refer you to the documents Tumbleweed files from time to time with
the Securities and Exchange Commission, particularly Tumbleweed's
Proxy Statement for the 2008 Annual Meeting of Stockholders on Form
14A, the Form 10-K filed March 17, 2008 and such filings for the
periods referred to above, to be filed subsequently. Tumbleweed
assumes no obligation to update information contained in this press
release. Although this release may remain available on Tumbleweed's
website or elsewhere, its continued availability does not indicate
that Tumbleweed is reaffirming or confirming any of the information
contained herein as of a later date. Contact: Tumbleweed
Communications Corp. Matt Clawson 949-474-4300 (Investor Relations)
or SHIFT Communications Dan Gould, 415-591-8428 (Media Relations)
DATASOURCE: Tumbleweed Communications Corp. CONTACT: Investor
Relations, Matt Clawson of Tumbleweed Communications Corp.,
+1-949-474-4300, ; or Media Relations, Dan Gould of SHIFT
Communications, +1-415-591-8428, , for Tumbleweed Communications
Corp. Web site: http://www.tumbleweed.com/
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