MERANT Reports on Stock Movement.Business Editors ROCKVILLE, Md.--(BUSINESS WIRE)--Dec. 8, 2000 www.merant.com-- MERANT (London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (LSE LSE - Language Sensitive Editor ): MRN MRN Motor Racing Network MRN Medical Record Number MRN Magnetic Resonance Neurography MRN Medicare Remittance Notice MRN Matières Radioactives Naturelles MRN Meteorological Rocket Network MRN Manufacturers Resource Network ; Nasdaq National Market (NASDAQ:MRNT)), today made the following announcement on the London Stock Exchange as required by U.K. regulatory authorities. "The Board of Directors of MERANT notes the recent rise in the MERANT share price," said Gary Greenfield, MERANT president and chief executive officer. "MERANT has received expressions of interest in the Company. However, discussions are at a very preliminary stage and may or may not lead to an offer being made for the Company." About MERANT MERANT is a leading global e-business software solutions company. Founded in 1976, MERANT has approximately $350 million in annual revenues, 2,000 employees and more than 500 technology partners. More than 5 million professionals use MERANT technology solutions at 35,000 customer sites, including the entire Fortune 100, the majority of the Global 500 and over 400 leading dotcoms. MERANT provides Egility solutions, which combine expertise, market-leading technology, best practices and an extensive network of partners, to help companies develop, integrate, transform and manage e-business applications. Building on MERANT Egility, MERANT also develops complete B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. Internet applications. For additional information, visit www.merant.com. Investor inquiries can be forwarded to Investor.Relations@merant.com. 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. The following statement is made in accordance with the U.S. 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: This announcement contains forward-looking statements regarding the possibility of an offer being made for some or all of the Company. Such statements are subject to inherent risks and uncertainties including specifically the risk that no offer may in fact be made or, if made, be consummated. Further information on potential risk factors is included in MERANT's Annual Report on Form 20-F for the year ended April 30, 2000, and Quarterly Report on Form 6-K for the quarter ended July 31, 2000, each as submitted to the SEC and as may be updated and amended with future filings or submissions. MERANT undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this announcement that may reflect events or circumstances occurring after the date of this announcement. |
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