Aladdin Knowledge Systems Comments on Media Reports About Jasmine Discussions
January 06 2009 - 12:51PM
Marketwired
Aladdin Knowledge Systems Ltd. (NASDAQ: ALDN) today released an
update regarding the ongoing discussions with Jasmine Holdco LLC,
an affiliate of Vector Capital.
In response to a January 6th article published in the Israeli
Newspaper "The Marker" and other media reports, Aladdin announced
that it is continuing discussions with Jasmine Holdco regarding a
possible strategic transaction. There can be no assurance that a
definitive transaction between Aladdin and Jasmine can be
negotiated or the timing or terms of any such transaction.
Aladdin and Jasmine have extended the previously announced
standstill agreement, which originally expired on October 30, 2008,
during the pendency of these negotiations.
Aladdin intends to make a further announcement upon the
execution of any definitive agreement with Jasmine or the
termination of negotiations with Jasmine.
About Aladdin
Aladdin Knowledge Systems (NASDAQ: ALDN) is an information
security leader with offices in 15 countries, a worldwide network
of channel partners, and numerous awards for innovation. Aladdin
eToken is the world's #1 USB-based authentication solution,
offering identity and access management tools that protect
sensitive data. Aladdin SafeWord two-factor authentication
technology protects companies' important information assets and
applications. Aladdin HASP SRM boosts growth for software
developers and publishers through strong anti-piracy protection, IP
protection, and secure licensing and product activation. Aladdin
eSafe delivers real-time intelligent Web gateway security that
helps protect data and networks, improves productivity, and enables
compliance. Visit www.Aladdin.com.
�2009 Aladdin Knowledge Systems, Ltd. All rights reserved.
eToken, eSafe, Aladdin Knowledge Systems and the Aladdin logo are
trademarks or registered trademarks of Aladdin Knowledge Systems,
Ltd. All other product and brand names mentioned in this document
are trademarks or registered trademarks of their respective
owners.
Press Contact: Matthew Zintel Zintel Public Relations
matthew.zintel@zintelpr.com 310.574.8888 Investor Relations
Contact: Debbie Kaye Corporate Communications Manager
debbie.kaye@aladdin.com 646.468.0481
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