None of
the Company, its directors and officers, the dealer manager or the information
agent will make any recommendation to stockholders on whether or not to tender
their shares. Stockholders must decide how many shares they will
tender, if any, and the price within the anticipated offer range at which they
will offer their shares for purchase by the Company.
Georgeson
Securities Corporation is acting as the dealer manager for the tender offer and
the information agent is Georgeson Inc. The depositary is
Computershare Trust Company, N.A. The Offer to Purchase, letter of
transmittal and related documents are being mailed to stockholders of record and
will be made available for distribution to beneficial owners of Aware’s
shares. For questions or information, please call the information
agent at (800) 262-0158.
Important
Notice: This announcement is neither an offer to purchase nor a solicitation of
an offer to sell securities. The solicitation of offers to buy shares
of Aware common stock will only be made pursuant to the Offer to Purchase, dated
March 5, 2009 (as may be amended or supplemented), the related letter of
transmittal and other related documents that Aware is sending to its
stockholders. Those tender offer materials contain important
information that should be read carefully before any decision is made with
respect to the tender offer. Those materials are being distributed by
the Company to the Company's stockholders at no expense to them. In
addition, all of those materials (and all other offer documents filed with the
SEC) will be available at no charge on the SEC's web site, www.sec.gov, and from
Aware.
About
Aware, Inc.
Aware is
a leading technology supplier for the telecommunications and biometrics
industries. For more than ten years, Aware has pioneered innovations
at telecommunications standards-setting organizations and continues to develop
and market DSL silicon intellectual property and test and diagnostics
products. Its StratiPHY™ IP product line supports DSL standards,
including ADSL2+ and VDSL2, and has been broadly licensed to leading
semiconductor companies. Telecom equipment vendors and phone
companies use Aware's DSL test and diagnostics modules and Dr. DSL® software to
help provision DSL circuits globally. Aware is also a veteran of the
biometrics industry, providing biometric and imaging software components used in
government systems worldwide since 1992. Aware's interoperable,
standard-compliant, field-proven imaging products are used in a number of
applications, from border management to criminal justice to medical
imaging. Aware is a publicly held company (NASDAQ: AWRE) based in
Bedford, Massachusetts. www.aware.com
Forward-Looking
Statements
This
press release contains forward-looking statements, such as references to
completion of the tender offer and the payment for shares related
thereto. These statements, including their underlying assumptions,
are subject to risks and uncertainties and are not guarantees of future
performance. Results may differ materially due to various factors
such as the possibility that stockholders may not tender their shares in the
tender offer, or other conditions to completion of the tender offer are not
satisfied. For further details of these risks, you should read our
filings with the Securities and Exchange Commission related to the tender offer,
including our Schedule TO and the documents referred to
therein.
The
statements presented in this press release speak only as of the date of the
release. Please note that except as required by applicable law we
undertake no obligation to revise or update publicly any forward-looking
statements for any reason.
###
Aware,
Dr. DSL and StratiPHY are trademarks or registered trademarks of Aware,
Inc.
Any
other trademarks appearing herein are the property of their respective
owners.
