Invu, Inc. (OTC:INVU) announced that Invu shareholders have approved, among other proposals, the merger of a subsidiary of Invu plc, a United Kingdom company, with and into Invu, and the Merger has become effective under Colorado law. Pursuant to the Merger Agreement, dated November 6, 2007, shareholders of Invu who are US Persons, as of the effective time of the Merger, will be entitled to receive $0.532 per share in cash. Shareholders of Invu who are non-US Persons, as of the effective time of the Merger, will be entitled to receive 1 ordinary share of 1 pence each in Invu plc for each common share owned by such Invu shareholder. The Merger Agreement provides that Invu shareholders are to complete and return the prescribed Form of Representation to the appropriate registrar of Invu indicating, among other things, their status as either a US Person or a non-US Person. Invu shareholders who fail to return a validly completed Form of Representation by March 31, 2008 shall be entitled only to receive $0.532 per share in cash. The foregoing is a brief, general summary of the Merger, and important details are set forth in the Proxy Statement and the Form of Representation. All capitalized terms used in this press release, including the term US Person, are as defined in the Proxy Statement. The issuance of Invu PLC shares in the Merger is not intended for Invu shareholders in the United States. The shares of Invu plc to be issued in the Merger will not be, nor have been, registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from such registration requirements. The Proxy Statement and Merger Agreement provide that no Invu plc shares may be issued pursuant to the Merger to any person who is in the United States at either (i) the time of receipt of the Proxy Statement, (ii) the time the completed Form of Representation, if any, is sent to the appropriate Invu registrar or (iii) at the effective time of the Merger. The Proxy Statement further states that it does not constitute an offer to any person in the United States, and any attempt by any person in the United States to obtain Invu plc shares through the return of the Form of Representation will be rejected.
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