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CE Computer Equipment AG Announces the Completion of Exchange Offer.


Business Editors

BIELEFELD, Germany--(BUSINESS WIRE)--Jan. 22, 2001

CE Computer Equipment AG announced today that it has completed its offer to acquire all outstanding TREEV employee stock options and TREEV warrants to acquire shares of TREEV common stock (Nasdaq: TREV).

The offer expired at 5:00 p.m. (New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 time), on Friday, January 19, 2001.

Based on the latest count of tendered options and warrants, approximately 2,581,731 TREEV employee stock options and 965,784 TREEV warrants were tendered and not withdrawn pursuant to the exchange offer, representing approximately 99% of the outstanding TREEV employee stock options and approximately 100% of the outstanding TREEV warrants.

All options and warrants validly tendered and not properly withdrawn prior to the expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute.
     2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created
 of the offer have been accepted for payment.

Investors are urged to read the proxy statement/prospectus that was filed with the Securities and Exchange Commission by CE and TREEV in connection with the exchange offer, because it contains important information.

Investors may obtain a free copy of the proxy statement/prospectus at the Commission's website: http://www.sec.gov. Investors may also obtain a free copy of the proxy statement/prospectus by contacting Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 at TREEV at: 703-476-2260, 13900 Lincoln Park Lincoln Park, city (1990 pop. 41,832), Wayne co., SE Mich., a suburb adjacent to Detroit, on the Detroit River; inc. 1921. It is a residential community in an area marked by a significant decline in industry.  Drive, Suite 300, Herndon, Virginia Herndon is a town in Fairfax County, Virginia, United States. The population was 21,655 at the 2000 census, which makes it the largest of three towns in the county.[1] History  20171 or investor@treev.com.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 22, 2001
Words:216
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