Computer Access Technology Corporation Stockholders Approve Merger at Special Meeting
27 Outubro 2004 - 4:45PM
PR Newswire (US)
Computer Access Technology Corporation Stockholders Approve Merger
at Special Meeting SANTA CLARA, Calif., Oct. 27
/PRNewswire-FirstCall/ -- Computer Access Technology Corporation
("CATC") (NASDAQ:CATZ) today announced that its stockholders
overwhelmingly approved the proposed acquisition of the company by
LeCroy Corporation during a special meeting held earlier in the day
at the company's Santa Clara, California headquarters. 99 percent
of the shares voted were in favor of the merger. The acquisition
will be effected by the merger of a wholly-owned subsidiary of
LeCroy with CATC. CATC expects the merger to close on October 29,
2004. About CATC CATC is a global communication protocols expert
company, providing test and measurement solutions for Computer I/O,
Storage and Networking protocols, enhancing productivity and time
to market. CATC develops, manufactures and markets advanced
protocol analysis expert systems for established and emerging
digital communications standards including 1394, Bluetooth, Fibre
Channel, InfiniBand, PCI Express, SAS (Serial Attached SCSI), SATA
(Serial ATA), SCSI, and USB. Semiconductor, device, system and
software companies use CATC's products during each phase of their
products' lifecycles from development through production and market
deployment. CATC's expert protocol analysis systems allow customers
to monitor communications traffic, diagnose design and operational
problems and confirm interoperability and standards compliance.
Technicians also use CATC's test and analysis products on
production lines and for maintenance of deployed systems and
networks. CATC was founded in 1992 and is headquartered in Santa
Clara, California. For more information regarding CATC and its
products, please visit http://www.catc.com/ . CATC Safe Harbor This
press release contains forward-looking statements based on CATC's
current expectations, such as the expected closing date of the
merger. The forward-looking statements in this press release
involve risks and uncertainties including, but not limited to, the
ability to satisfy or have waived all conditions to the closing of
the merger, LeCroy's ability to fund the merger purchase price, and
other unexpected delays in closing the merger. These and other
factors that could cause actual results to differ materially, are
discussed in more detail in CATC's Proxy Statement filed September
28, 2004, Form 10K filed February 20, 2004, Form 10-K/A filed March
3, 2004, Form 10-Q filed August 13, 2004, and subsequent filings
CATC may make with the SEC, as amended, which can be viewed at the
SEC's website at http://www.sec.gov/ . DATASOURCE: Computer Access
Technology Corporation CONTACT: Jason LeBeck, Vice President and
CFO of Computer Access Technology Corporation, +1-408-727-6600 Web
site: http://www.catc.com/
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