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Alcatel-Lucent Extends Tender Offer for Motive
Aug 13, 2008 (08:08 AM EDT)
PARIS, August 13 /PRNewswire-FirstCall/ -- Alcatel-Lucent today announced that its wholly owned subsidiary, Lucent Technologies Inc., has extended its previously announced tender offer for all of the issued and outstanding shares of common stock of Motive, Inc. until 12:00 midnight, New York City time, at the end of Wednesday, September 10, 2008. The tender offer was previously set to expire at 12:00 midnight, New York City time, at the end of Tuesday, August 12, 2008.
As of 12:00 midnight, New York City time, at the end of Tuesday, August 12, 2008, approximately 27.0 million shares had been tendered into the tender offer and not withdrawn.
Alcatel-Lucent http://www.alcatel-lucent.com provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet:
Important Additional Information
This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities. The solicitation and the offer to buy shares of Motive common stock is made only pursuant to an offer to purchase, letter of transmittal and related materials that Alcatel Lucent, Lucent Technologies Inc. and Magic Acquisition Subsidiary Inc. filed with the U.S. Securities and Exchange Commission on July 16, 2008. Motive filed with the U.S. Securities and Exchange Commission a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 in connection with the tender offer. Shareholders of Motive are urged to read these materials carefully because they contain important information, including the terms and conditions of the tender offer. Shareholders will be able to obtain the offer to purchase, the letter of transmittal and related documents without charge from the U.S. Securities and Exchange Commission's Website at http://www.sec.gov or by contacting D.F. King, the information agent for the offer, at (800)-347-4750.
Safe Harbor for Forward Looking Statements
This press release may contain forward looking information based on the current expectations of Alcatel-Lucent. Because forward looking statements involve risks and uncertainties, actual results could differ materially. All statements other than statements of historical fact are statements that could be deemed forward looking statements, including the expected benefits and costs of the transaction with Motive, management plans relating to the transaction, the anticipated timing of filings and approvals relating to the transaction, the ability of Motive to satisfy all conditions to closing of the transaction, the expected timing of the completion of the transaction, the ability to complete the transaction, any statements of the plans, strategies and objectives of future operations, and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected, risks related to the timing or ultimate completion of the transaction, that, prior to the completion of the transaction, Motive's business may not perform as expected due to uncertainty; that the parties are unable to successfully implement integration strategies, and other risks that are described from time to time in the public filings of Alcatel-Lucent and Motive with the U.S. Securities and Exchange Commission.
The forward looking statements speak only as of the date of this press release. Alcatel-Lucent expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statements included in this press release to reflect any changes in expectations with regard thereto or any changes in events, conditions, or circumstances on which any such statement is based.
CONTACT: Alcatel-Lucent Press Contacts: Regine Coqueran: Tel: email@example.com+33(0)1-40-76-49-24: or Mary Ward, Tel:+1-908-582-7658, . Alcatel-Lucent InvestorRelations: Remi Thomas, Tel: +33(0)1-40-76-50-61,; Tom Bevilacqua, Tel: +1-908-582-7998,; Tony Lucido, Tel: +33(0)1-40-76-49-80,; Don Sweeney, Tel: +1-908-582-6153,