Compuware Extends Tender Offer for Viasoft Inc.PHOENIX--(BUSINESS WIRE)--Oct. 12, 1999-- Viasoft Inc. (Nasdaq: VIAS VIAS Victorian Institute of Animal Science VIAS Visualization Information Archival/Retrieval Service (National Center for Supercomputing Applications) VIAS Vietnam Institute for America Studies ) Tuesday announced that, pursuant to the Agreement and Plan of Merger between Compuware Corp. and Viasoft dated July 14, 1999, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , Compuware has elected to extend the Offer Period until 12 midnight, 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, Oct. 29, 1999. As a consequence of this extension, holders of Viasoft common stock may tender or withdraw shares until 12 midnight, New York City time, on Oct. 29, 1999, unless the offer is further extended. The offer was previously scheduled to expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. on Oct. 12, 1999. The extension of the tender offer is being made to obtain necessary regulatory approval of the ongoing tender offer. Based on the latest count of tendered shares, approximately 14,298,262 shares of Viasoft common stock, or approximately 80 percent of common shares outstanding, have been validly tendered and not withdrawn pursuant to the tender offer. About Viasoft Viasoft is a leader in understanding enterprise applications to help companies realize the greatest return on their information technology investments. The company provides business solutions consisting of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and award-winning software, designed to enable customers worldwide to cost-effectively manage and evolve their information technology assets. Headquartered in Phoenix, Viasoft provides sales and professional services through regional offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Australia, Europe and a growing network of international distributors and resellers. For more information on Viasoft's services and technology, please visit the company's World Wide Web site at www.viasoft.com. About Compuware Compuware productivity solutions help 14,000 of the world's largest corporations more efficiently maintain and enhance their most critical business applications. Providing immediate and measurable return on information technology investments, Compuware products and services improve quality, lower costs and increase the speed at which systems can be developed, implemented and supported. Compuware employs approximately 15,000 information technology professionals worldwide. With trailing 12-month revenues of more than $1.7 billion, Compuware is the world leader in client/server development technology. For more information about Compuware, please contact the corporate offices at 800/521-9353. You may also visit Compuware on the World Wide Web at www.compuware.com. The statements made in this press release that are not historical facts contain forward-looking information that involves risks and uncertainties. Important factors that may cause actual results to differ include, but are not limited to, market demand and acceptance, the impact of competitive products and services, risks associated with results and timing of technology development and commercialization, the company's ability to manage growth and acquisitions of technology or businesses, the effect of economic and business conditions including risks inherent in international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and the ability to attract and retain technical personnel, risks associated with, as well as the company's ability to manage, a consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" business and other risks detailed from time to time in the company's Securities and Exchange Commission filings. |
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