Rainbow (NASDAQ:RNBO)
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Proposed Merger Between Rainbow and SafeNet Receives Recommendation From
Institutional Shareholder Services
IRVINE, Calif., March 4 /PRNewswire-FirstCall/ -- Rainbow Technologies, Inc. ,
a leading provider of digital content and transaction securityfor the Internet,
software protection, SSL VPNs and secure remote access, today announced that
Institutional Shareholder Services (ISS) has recommended that Rainbow
Technologies' shareholders vote for the proposed merger between Rainbow and
SafeNet, Inc. .
The special meeting of stockholders of Rainbow to vote on the proposed merger
with SafeNet will be held at 9:00 am PST, Monday, March 15th, at the offices of
Rainbow Technologies, located at 50 Technology Drive, Irvine, CA 92618.
About Rainbow Technologies
Making security simple since 1979, Rainbow Technologies, a leading provider of
proven information security solutions for mission-critical data and applications
used in business, organization and government computing environments, has been
breaking the security paradigm by making complex security simple to implement
and use for more than two decades.
Rainbow is the market leader in several critical security technologies
including: USB authentication tokens that eliminate user names and passwords;
SSL acceleration devices that provide fast and secure online transactions;
software security and licensing products that prevent software piracy; and high
assurance security products used by the U.S. government for applications in the
DoD, NSA and Homeland Security. Rainbow has leveraged these market
share-leading technologies to develop a new breed of secure remote access
control appliance known as the NetSwift iGate, which provides secure access to
legacy applications in an SSL-VPN and Web-enabled applications.
With headquarters in Irvine, CA, Rainbow maintains offices and authorized
distributors throughout the world. For more information, visit the Web site at
http://www.rainbow.com/.
Additional Information About the Merger and Where You Can Find It
In connection with the proposed merger of SafeNet and Rainbow, SafeNet has filed
with the SEC a Registration Statement on Form S-4 (File No. 333-110520)
containing a joint proxy statement/prospectus and SafeNet and Rainbow have filed
and may file other relevant materials in connection with the merger transaction.
The joint proxy statement/prospectus has been mailed to the stockholders of
SafeNet and Rainbow. Investors and security holders of SafeNet and Rainbow are
urged to read thejoint proxy statement/prospectus and the other relevant
materials when they become available because they contain important information
about SafeNet, Rainbow and the transaction. The joint proxy
statement/prospectus and other relevant materials, and any other documents filed
by SafeNet or Rainbow with the SEC, may be obtained free of charge at the SEC's
web site at http://www.sec.gov/. In addition, investors and security holders
may obtain free copies of the documents filed with the SEC by SafeNetby
contacting Michelle Layne, SafeNet Investor Relations, 4690 Millennium Drive,
Belcamp, Maryland 21017, (443) 327-1239. Investors and security holders may
obtain free copies of the documents filed with the SEC by Rainbow by contacting
Rainbow Investor Relations, 50 Technology Drive, Irvine, California 92718 (949)
450-7377. Investors and security holders are urged to read the joint proxy
statement/prospectus and the other relevant materials before making any voting
or investment decision.
Rainbow Technologies, Rainbow Mykotronx, NetSwift iGate, Luna and iKey are
trademarks of Rainbow Technologies, Inc. SafeNet is a registered trademark and
SecureIP Technology is a trademark of SafeNet, Inc. All other trademarks are the
property of their respective owners.
For further information, please contact Dan Chmielewski of Rainbow Technologies,
Inc., +1-949-450-7377, ; or Deborah Jones of Strategies, +1-714-957-8880 ext.
113, , for Rainbow Technologies, Inc.
DATASOURCE: Rainbow Technologies, Inc.
CONTACT: Dan Chmielewski of Rainbow Technologies, Inc., +1-949-450-7377,
; or Deborah Jones of Strategies, +1-714-957-8880 ext. 113,
, for Rainbow Technologies, Inc.
Web site: http://www.sec.gov/
Web site: http://www.rainbow.com/