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DataMirror Bid for Idion Extended.


Business/Technology Editors

TORONTO--(BUSINESS WIRE)--May 28, 2002

DataMirror (Nasdaq:DMCX}(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:DMC DMC Devil May Cry (video game)
DMC Detroit Medical Center
DMC Darryl McDaniels (rapper)
DMC Destination Management Company
DMC Del Mar College (Corpus Christi, TX) 
), the single largest shareholder in Idion Technology Holdings Limited ("Idion"), today announced that its offer to Idion shareholders for R1.80 per ordinary ("common") Idion share is now unconditional. The offer is therefore no longer conditional upon DataMirror receiving valid acceptances for 50% plus one share of the Idion issued share capital, and has been extended until further notice.

DataMirror currently owns 35.2% of Idion common shares acquired at an average cost of R1.16/share and has acceptances for another 1.5% at the offer price of R1.80, to bring its total holdings in Idion to 36.7% acquired for a total cost of approximately Cdn. $7.4 million.

About DataMirror

DataMirror (Nasdaq:DMCX; TSE:DMC) delivers LiveBusiness(TM) software solutions that let customers integrate data in real-time across their enterprises. DataMirror's comprehensive product family unlocks the experience of now(TM) by providing the instant data access, integration and availability customers demand today across all computers in their business.

Over 1,600 companies use DataMirror to integrate their data. Real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided.

Some uses of this term confuse it with the term dynamic data.
 drives all business. DataMirror is headquartered in Toronto, Canada, and has offices worldwide. DataMirror has been ranked in the Deloitte and Touche Fast 500 as one of the fastest growing technology companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For more information, call 1-800-362-5955 or visit the DataMirror web site at www.datamirror.com.

Media and Financial Contacts:

Peter Cauley

Chief Financial Officer

DataMirror Corporation

E-mail: pcauley@datamirror.com

Phone: 905-415-0310 ext. 271

Fax: 905-415-0340

Tracy Staniland

Director of Marketing

DataMirror Corporation

E-mail: tstaniland@datamirror.com

Phone: 905-415-0310 ext. 274

Fax: 905-415-5196

Karen Quatromoni

PR Contact

Rainier Rai·nier   , Mount

A volcanic peak, 4,395.1 m (14,410 ft) high, of the Cascade Range in west-central Washington. It is the highest point in the range and the highest elevation in the state.
 Corporation

E-mail: karenq@rainierco.com

Phone: 978-464-5302 ext. 150

Fax: 978-464-2968

Forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 in this press release, including statements regarding DataMirror Corporation's business which are not historical facts, are made pursuant to the "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" provisions of 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.  Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking statements include statements of estimates, expectations, objectives and plans (financial and otherwise). The words "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Numerous factors affect DataMirror's operating results and could cause DataMirror's actual results to differ materially from the results indicated by this press release or by any forward-looking statements made by, or on behalf of, DataMirror, and there can be no assurance that future results will meet expectations, estimates or projections. These factors include, but are not limited to, the following: variability of quarterly operating results; dependence upon the continued growth and success of DataMirror's software products; competition; the ability to develop, market, support and acquire new products in an environment of rapidly changing technology; dependence upon continued growth in the database and enterprise data integration markets; dependence upon relationships with complementary vendors and distribution channels; the ability to recruit and retain key personnel; risks of 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. , currency exchange rate fluctuations and global economic conditions; possible software errors or defects; possible infringement claims by third parties; and other factors discussed in the Company's Annual Information Form and other periodic filings with the United States Securities and Exchange Commission and other regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest
regulatory agency

administrative body, administrative unit - a unit with administrative responsibilities
.

Copyright 2002 DataMirror Corporation. All rights reserved. DataMirror, LiveAudit, LiveBusiness, iReflect, Transformation Server, iCluster and The experience of now are trademarks or registered trademarks of DataMirror Corporation. All other brand or product names are trademarks or registered trademarks of their respective companies.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 28, 2002
Words:570
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