Xura Sets Date for 2016 Annual Meeting of Stockholders
July 12 2016 - 7:00AM
Xura, Inc. (NASDAQ:MESG), a leading provider of digital
communications services, today announced that it has set August 16,
2016, as the date for its 2016 annual meeting of stockholders. The
meeting will be held at 8:00 a.m. local time at 200 Quannapowitt
Parkway, Wakefield, Massachusetts 01880.
Holders of Xura’s common stock as of the close of business on
July 11, 2016 will be entitled to notice of the annual meeting and
to vote at the annual meeting. At the meeting, Xura’s stockholders
will be asked to consider and vote on, among other things, the
adoption of an agreement by which Xura will be acquired by
affiliates of Siris Capital Group, LLC.
Additional information about the 2016 annual meeting of
stockholders and the matters being considered at that meeting is
contained in Xura’s definitive proxy statement, which will be
mailed to stockholders of record as of July 11, 2016 and is
available, free of charge, through the investor relations section
of Xura’s website (http://www.xura.com).
About Xura, Inc.Xura, Inc. (NASDAQ:MESG) offers
a portfolio of digital services solutions that enable global
communications across a variety of mobile devices and platforms. We
help communication service providers (CSPs) and enterprises
navigate and monetize the digital ecosystem to create innovative,
new experiences through our cloud-based offerings. Our solutions
touch more than three billion people through 350+ service providers
and enterprises in 140+ countries. You can find us at
Xura.com.
About Siris Capital Group, LLCSiris Capital is
a leading private equity firm focused on making control investments
in data, telecommunications, technology and technology-enabled
business service companies. Integral to Siris’ investment approach
is its partnership with exceptional senior operating executives, or
Executive Partners, who work exclusively with Siris to identify,
validate and operate investment opportunities. Their significant
involvement allows Siris to partner with management to add value
both operationally and strategically. To learn more, visit
their website at www.siriscapital.com.
Additional Information and Where to Find
ItIn connection with the 2016 annual meeting of
stockholders, Xura has filed a definitive proxy statement on
Schedule 14A with the Securities and Exchange Commission (the
“SEC”), and may file additional relevant materials with the SEC
prior to the meeting. Xura will mail or otherwise make
available the definitive proxy statement and a proxy card to each
stockholder entitled to vote at the annual meeting. XURA
STOCKHOLDERS AND OTHER INVESTORS ARE ADVISED TO CAREFULLY READ
THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO)
AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN RESPECT OF
THE PROPOSED MERGER AND OTHER MATTERS SUBMITTED FOR A STOCKHOLDER
VOTE WHEN THEY BECOME AVAILABLE, AS THOSE DOCUMENTS WILL CONTAIN
IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER, THE PARTIES TO THE
PROPOSED MERGER, AND OTHER MATTERS BEING VOTED UPON. Xura
stockholders and other investors may obtain free copies of the
definitive proxy statement, the preliminary proxy statement and
other relevant materials in connection with the 2016 annual meeting
(when they become available), along with other documents filed by
Xura with the SEC, at the SEC’s website (http://www.sec.gov) or
through the investor relations section of Xura’s website
(http://www.xura.com).
Xura and its directors and executive officers may be deemed
participants under SEC rules in the solicitation of proxies from
Xura’s stockholders in favor of the proposed merger. Information
about Xura’s directors and executive officers and their interests
in the solicitation, which may, in some cases, differ from those of
Xura’s stockholders generally, is included in the definitive proxy
statement filed with the SEC in connection with the 2016 annual
meeting of stockholders. To the extent that holdings of
Xura’s securities by Xura’s directors and executive officers have
changed since the amounts printed in the latest proxy statement or
Form 10-K, such changes have been or will be reflected on
Statements of Change in Ownership on Form 4 filed with the
SEC.
Forward-Looking StatementsThis press release
includes “forward-looking statements.” In some cases,
forward-looking statements can be identified by the use of
terminology such as “may,” “expects,” “plans,” “anticipates,”
“estimates,” “believes,” “potential,” “projects,” “forecasts,”
“intends,” or the negative thereof or other comparable terminology.
By their very nature, forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could
cause actual results, performance and the timing of events to
differ materially from those anticipated, expressed or implied by
forward-looking statements. Such risks or uncertainties may give
rise to claims or regulatory issues, increase exposure to
contingent liabilities and cause pressure on Xura’s stock price.
Although Xura has entered into an agreement for sale of the
company, the closing of such transaction is subject to risks and
there can be no assurance that such transaction will ultimately be
consummated. Risks relating to the forward-looking statements
include the acquisition-related risks and other risks set forth in
the “Forward-Looking Statements” and Item 1A, “Risk Factors” and
elsewhere in the company’s Annual Report on Form 10-K, or in other
subsequently filed periodic, current or other reports. The
documents and reports Xura files with the SEC are available through
Xura’s website, www.xura.com, or through the SEC’s Electronic Data
Gathering, Analysis, and Retrieval system (EDGAR) at www.sec.gov.
Xura undertakes no commitment to update or revise any
forward-looking statements except as required by law.
Media Contact:
Maria Hudson
Xura
maria.hudson@xura.com
+44 7967813429
Investor Relations Contact:
Luke Todd
Xura
Luke.todd@Xura.com
+1-781-213-2131
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