Adamind Ltd
03 October 2006
3 October 2006
Adamind Ltd
("Adamind" or the "Company")
Statement Regarding Unsolicited Offer
Adamind announces that it has received an unsolicited cash offer from a third
party to acquire the entire issued and outstanding share capital of the Company.
The Board is examining this offer and is also considering alternative proposals
with a view to maximising shareholder value.
The offer is subject to various conditions and there is no certainty that the
offer will result in a transaction. A further announcement will be made in due
course.
Enquiries
Adamind
Orna Berry, Executive Chairperson +972 9 971 9111
Corfin Communications
Neil Thapar, Harry Chathli +44 20 7929 8989
About Adamind
Adamind (LSE: ADA) is a provider of software that enables mobile multimedia
content and converged communications services. The company addresses the
interoperability challenge that exists between different mobile devices to
receive and process media rich content. The Adamind Spire(TM) platform provides
media adaptation and enhancement software enabling service operators to
successfully deploy messaging, content and next generation convergence services;
generate new revenue streams; and drive key new value-added-services (VAS)
enablers such as advertising, branding, DRM and anti-abuse support. With over
110 deployments in some of the world's major mobile operator networks and
content providers such as Universal Mobile Music, Adamind is strategically
poised to enable the promise of the Mobile Lifestyle revolution. Adamind has
strategic relationships with major infrastructure vendors and system integrators
including Ericsson, HP, IBM, Accenture, LogicaCMG, Motorola, Openwave, Critical
Path and CBOSS. www.adamind.com
This information is provided by RNS
The company news service from the London Stock Exchange
EAELSKFAE
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.