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TMWD Tumbleweed Communications Corp (MM)

2.39
0.00 (0.00%)
20 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tumbleweed Communications Corp (MM) NASDAQ:TMWD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.39 0 01:00:00

Tumbleweed Stockholders Approve Merger With Axway Inc.

08/08/2008 6:54pm

PR Newswire (US)


Tumbleweed Communications Corp (MM) (NASDAQ:TMWD)
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REDWOOD CITY, Calif., Aug. 8 /PRNewswire-FirstCall/ -- Tumbleweed(R) Communications Corp. (NASDAQ:TMWD) announced that at a special meeting of stockholders held today, the stockholders of Tumbleweed approved and adopted the Agreement and Plan of Merger, dated June 5, 2008, by and between Tumbleweed and Axway Inc., an indirect wholly owned subsidiary of Sopra Group SA. As previously announced, consummation of the transaction is expected during the third quarter, subject to the satisfaction of various other closing conditions, including the expiration of the review process under Exon-Florio. Tumbleweed Relocates Headquarters Effective immediately, Tumbleweed has relocated its headquarters to: 1600 Seaport Blvd. Suite 400, South Building Redwood City, CA 94063 Telephone: 650-216-2000 Toll-free: 877-988-6253 Driving directions are available at http://www.tumbleweed.com/ About Tumbleweed Tumbleweed Communications Corp. (NASDAQ:TMWD), an industry leader in managed file transfer, email security and identity validation, provides enterprise-class solutions to organizations of all sizes. Tumbleweed's innovative products enable organizations to effectively manage and protect business-critical Internet communications, with capabilities that span secure file transfer, encryption, data loss prevention, and email security. Tumbleweed has approximately 3,500 customers worldwide, including blue-chip companies across an array of industries such as Technology, Retail, Finance, Healthcare, Manufacturing, Consumer Packaged Goods, Telecom, Energy, and the U.S. Government. The world's most security conscious organizations rely upon Tumbleweed technology including Bank of America Securities, JP Morgan Chase & Co., the U.S. Food and Drug Administration, and the U.S. Department of Defense. Our award-winning products build on 15 years of R&D and 31 security patents in the U.S. alone -- many of which are licensed by other security vendors. More information can be found at http://www.tumbleweed.com/. Tumbleweed, SecureTransport, Secure Messenger and MailGate are either registered trademarks or trademarks of Tumbleweed Communications Corp. in the United States and/or other countries. All other trademarks are the property of their respective owners. Safe Harbor Statement Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that could cause actual results to differ materially from those currently expected, particularly with respect to the consummation of the merger. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed's Proxy Statement for the 2008 Annual Meeting of Stockholders on Form 14A, the Form 10-K filed March 17, 2008 and such filings for the periods referred to above, to be filed subsequently. Tumbleweed assumes no obligation to update information contained in this press release. Although this release may remain available on Tumbleweed's website or elsewhere, its continued availability does not indicate that Tumbleweed is reaffirming or confirming any of the information contained herein as of a later date. Contact: Tumbleweed Communications Corp. Matt Clawson 949-474-4300 (Investor Relations) or SHIFT Communications Dan Gould, 415-591-8428 (Media Relations) DATASOURCE: Tumbleweed Communications Corp. CONTACT: Investor Relations, Matt Clawson of Tumbleweed Communications Corp., +1-949-474-4300, ; or Media Relations, Dan Gould of SHIFT Communications, +1-415-591-8428, , for Tumbleweed Communications Corp. Web site: http://www.tumbleweed.com/

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