In connection with the proposed transaction, Telanetix will prepare an Information Statement for its stockholders to be filed with the Securities and Exchange Commission (the "SEC") on Form Schedule 14C. The Information Statement will contain information about Telanetix, the proposed transaction and related matters. Stockholders are urged to read carefully the Information Statement and any other relevant documents filed by Telanetix with the SEC when they become available, as well as any amendments or supplements to those documents, because they will contain important information about Telanetix and the transaction. In addition to receiving the Information Statement from Telanetix by mail, stockholders will be able to obtain the Information Statement, as well as other filings containing information about Telanetix, without charge, from the SEC's website at www.sec.gov or without charge from Telanetix website at www.telanetix.com or by directing such request to Telanetix, Inc. at 11201 SE 8th Street, Suite 200, Bellevue, Washington 98004.
FORWARD LOOKING STATEMENTS RELATING TO TELANETIX
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, Telanetix's expectations regarding the timing of expected transaction closing, as well as anything relating or referring to future financial results and plans for future business development activities, including anticipated effects of distribution relationships, and are thus prospective. In addition, the per share price to be paid to the stockholders of Telanetix if and when the transaction closes, as set forth in this press release, is an estimate, and will decrease if there are decreases to the aggregate amount of merger consideration payable in the transaction or if there are changes in the Company's capitalization prior to the closing. Such estimated per share price is also therefore a forward-looking statement. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations and generally include statements that are predictive in nature and depend upon or refer to future events or conditions. Such risks and uncertainties include, without limitation, statements regarding expected benefits, value and synergies resulting from the contemplated merger; risks related to the failure of the proposed transaction to be consummated, including risks relating to failure to obtain required regulatory approvals, and the possibility that other closing conditions for the transaction may not be satisfied or waived and the possibility that the closing won't occur or the termination of the merger agreement; the diversion of management time on merger-related activities; and other uncertainties pertaining to Telanetix; general economic conditions, in addition to those risks and uncertainties set forth from time to time in reports filed by Telanetix with the SEC. Such risks and uncertainties could materially and adversely affect the business, operating results and financial condition of Telanetix. Telanetix can give no assurance that such expectations will prove to have been correct. Many of the factors that will determine the outcome of the subject matter of this press release are beyond Telanetix's ability to control or predict. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward looking statements contained herein. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which should be evaluated with the many uncertainties that face Telanetix's business. Our forward-looking statements speak only as of the date of this press release. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof or update or revise publicly any forward looking statements, whether as a result of new information, future events or otherwise.
Intermedia contact information:
Matthew Della Croce
Telanetix contact information:
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