Novadigm (NASDAQ:NVDM)
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Novadigm Announces Special Stockholder Meeting on March 30
MAHWAH, N.J., March 10 /PRNewswire-FirstCall/ -- Novadigm, Inc. , today
announced that it will hold a special meeting of stockholders on Tuesday, March
30, 2004, at 10:00 a.m., local time, at One International Boulevard, Mahwah, New
Jersey, 07495, for the purpose of voting upon a proposal to approve the
previously announced merger agreement among Novadigm, Hewlett-Packard Company
("HP") and a wholly-owned subsidiary of HP, and the merger of Novadigm into that
subsidiary, as contemplated by the merger agreement. Stockholders of record of
Novadigm at the close of business on February 26, 2004 will receive notice of,
and are entitled to vote at, the special meeting. Under the terms of themerger
agreement, HP will pay $6.10 in cash for each outstanding share of Novadigm
common stock.
Novadigm and HP are working toward completing the merger as quickly as possible
after the special meeting. In addition to obtaining Novadigm stockholder
approval, the parties must also obtain clearance under applicable antitrust laws
and satisfy other conditions before the merger can be completed.
Where To Find Additional Information About The Merger
On March 9, 2004, Novadigm filed with the Securities and Exchange Commission a
definitive proxy statement, and has filed and will file other relevant
materials, in connection with the merger. Before making any decision with
respect to the merger, stockholders of Novadigm are urged to read the definitive
proxy statement and the other relevant materials filed with the SEC because they
contain important information about the merger. The proxy statement and other
relevant materials may be obtained free of charge at the SEC's web site at
http://www.sec.gov/. In addition, stockholders of Novadigm may obtain free
copies of the documents filed with the SEC by contacting Novadigm Investor
Relations at 201-512-7809, or Novadigm at 210-512-1000. Stockholders may also
read and copy any reports, statements and other information filed by Novadigm at
the SEC public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549
or call the SEC at 1-800-SEC-0330 for further information on public reference
rooms.
Information regarding the identity of the personswho may, under SEC rules, be
deemed to be participants in the solicitation of stockholders of Novadigm in
connection with the merger, and their interests in the solicitation, is set
forth in the definitive proxy statement.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based on
management's beliefs, as well as assumptions made by, and information currently
available to, management. The forward looking-statements are subject to
certain risks, uncertainties and other factors that could cause actual results
to differ materially from those expressed in or applied by the forward looking
statements, including the risk that Novadigm's merger with HP will not be
consummated on a timely basis or at all and other risks related to the pendency
of the merger. Except as expressly required by the federal securities laws,
Novadigm undertakes no obligation to update or revise these forward-looking
statements or forecasts to reflect new events or changed circumstances or for
any other reason.
DATASOURCE: Novadigm, Inc.
CONTACT: Wallace Ruiz, Chief Financial Officer of Novadigm, Inc.,
+1-201-512-7809, or
Web site: http://www.novadigm.com/