Forgent Networks (d/b/a Asure Software) Letter to Stockholders
May 22 2009 - 1:41PM
Marketwired
Asure Software (NASDAQ: ASUR)
Dear Stockholder:
The June 2, 2009 Special Meeting of Stockholders of Asure
Software is fast approaching, and, if you have not had a chance to
vote your proxy we encourage you to vote now.
Your Board of Directors recommends that stockholders vote for
each of the items on the agenda.
We are in favor of the going private proposal because:
(1) The Company currently faces delisting from NASDAQ, which reduces the
benefits of being publicly traded while continuing the high cost of
being public which will lengthen the time to profitability.
(2) The Company will save an estimated $1 Million a year in costs
associated with being public and thus expects to achieve profitability
sooner.
(3) To preserve share liquidity the company intends to trade its stock on
the Over the Counter Pink Sheet market.
Once private, the company plans to continue to provide timely
information to shareholders regarding the performance of the
business.
Please refer to the proxy materials that were previously sent to
you if you have any questions or require any additional
information.
Your vote is important. To make sure that your shares are
represented at the meeting, please follow the simple instructions
on your proxy card to vote today by telephone, via the internet or
by mail.
Very truly yours,
Richard N. Snyder
Chairman and Chief Executive Officer
Asure Software (NASDAQ:ASUR)
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