Enterasys Sets Record Date and Distribution Date for Aprisma Spin-Off; Aprisma Expected to Begin Trading Independently on February 13, 2002.Business/Technology Editors PORTSMOUTH, N.H.--(BUSINESS WIRE)--Jan. 28, 2002 Enterasys Networks This article or section contains information about scheduled or expected future events. It may contain tentative information; the content may change as the event approaches and more information becomes available. , Inc. (NYSE NYSE See: New York Stock Exchange : ETS ETS Educational Testing Service (nonprofit private educational testing and measurement organization) ETS Emergency Telecommunications Service ETS Electronic Trading System ETS Engineering (&) Technical Services ), a leader in enterprise network solutions, announced today that it has established February 13, 2002 as the date for the distribution of Aprisma Management Technologies Aprisma Management Technologies was created after Cabletron Systems was broken up into 5 smaller pieces, as the business unit to continue the highly successful SPECTRUM network management suite. It was acquired in early 2005 by Concord, which in turn was acquired by Computer Associates. common stock and February 5, 2002 as the record date for the distribution. The distribution ratio, which will be finally established on the record date, is expected to be approximately .068 Aprisma shares for each Enterasys share. Enterasys shareholders will receive whole shares of Aprisma and cash payments for fractional shares. In addition, an information statement will be mailed shortly which will provide Enterasys stockholders with information regarding Aprisma and the distribution. This information statement will also be available on the Enterasys website at http://www.enterasys.com/corporate/ir/ and the Aprisma website at www.aprisma.com beginning January 30, 2002. Aprisma Management Technologies, Inc. common stock is expected to begin trading independently on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol APRM APRM African Peer Review Mechanism APRM Automatic Partition Resource Manager APRM Average Power Range Monitor (Nuclear Power) APRM Anti-Plug Reversing Module APRM Advanced Planning and Risk Management APRM African Peer Review Commission on February 13, 2002. For further information on the Aprisma spin-off, please contact Aprisma's information agent, Georgeson Shareholder Communications at 866-431-8979 or visit http://www.enterasys.com/corporate/ir/ or www.aprisma.com. About Enterasys Networks Enterasys Networks (NYSE: ETS) is a leading worldwide provider of communications infrastructures for enterprise-class customers. Enterasys' networking hardware Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, access points, network interface cards and other related hardware. and software offerings deliver the innovative security, availability and mobility solutions required by Global 2000 organizations coupled with the industry's strongest service and support. For more information, visit www.enterasys.com. About Aprisma Management Technologies Aprisma Management Technologies is the leader in intelligent service assurance solutions. Aprisma's SPECTRUM suite of integrated applications delivers Service Level Intelligence(TM) across multi-vendor network, system, application, and security infrastructures. SPECTRUM software is deployed by over 2,800 leading enterprises and service providers that are reducing costs while exceeding customers' service delivery expectations. Aprisma proudly acknowledges that over 50 of the Fortune Global 100 rely on SPECTRUM for intelligent service assurance. Additional information on SPECTRUM and related Aprisma solutions are available at http://www.aprisma.com or by contacting Aprisma sales at +1 (877)-437-0291 Domestic U.S, 1(603)-334-2100 International, as well as authorized SPECTRUM resellers worldwide. 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. DISCLOSURE This press release contains projections and other forward-looking statements regarding the future financial performance of the Company or other future events and circumstances, and actual results, events and circumstances could differ materially. These forward-looking statements are not historical facts or guarantees of future performance, and are based on current estimates and numerous assumptions. These estimates and assumptions reflect subjective judgments concerning future events and circumstances and may be incomplete or incorrect, and unanticipated events or circumstances may occur causing these estimates and assumptions to be wrong. Risks that could cause actual events or results to differ materially from those described in the projections or forward-looking statements include business disruption, market perceptions and economic trends associated the recent terrorist activity experienced in the United States and any possible continuation or repercussions repercussions npl → répercussions fpl repercussions npl → Auswirkungen pl thereof or responses thereto, as well as risks associated with competitive conditions, pricing and margin pressures as a result of product shifts and changes in market dynamics, greater use of, and expenses associated with, distributors and resellers, limited management resources, the Company's acquisition strategy, extension or deterioration of prevailing economic conditions, volatility in the stock markets and market valuations being placed on communications infrastructure and service companies, technological changes, intellectual property protection and related issues, dependence on suppliers and contract manufacturers, and potential volatility in operating results, among others. For a more detailed discussion of these and other risks and uncertainties related to the company's business, please refer to the most recent filings of Enterasys Networks, Inc. and Cabletron Systems Inc. with the Securities and Exchange Commission, including Cabletron's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended March 3, 2001 and their other more recent reports on Form 10-Q Form 10-Q See 10-Q. and Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . |
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