Anteon (NYSE:ANT)
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Anteon International Corporation (NYSE:ANT) announced
today that General Dynamics has extended the April 30, 2006 deadline
for completing its proposed acquisition of Anteon to July 31, 2006,
under the terms of an acquisition agreement that was announced on Dec.
14, 2005.
The company extended the deadline because the U.S. Department of
Justice has not completed its review of the proposed transaction as
authorized by the Hart-Scott-Rodino Antitrust Improvements Act of
1976. The companies are cooperating with the Justice Department in its
review.
Anteon continues to anticipate that the transaction will be
completed by June 30, 2006, as previously announced.
About Anteon
Anteon, headquartered in Fairfax, Virginia, is a leading
information technology company serving the U.S. Federal government and
international customers. Anteon designs, integrates, maintains, and
upgrades state-of-the-art systems for national defense, intelligence,
homeland security, and other high priority government missions. Anteon
provides numerous government clients with the systems integration,
strategy and program management, systems engineering, operations
services, and simulation and training skills necessary to manage the
development and operations of their mission critical systems. The
Company was founded in 1976 and currently employs over 9,500 employees
in more than 100 offices worldwide. Anteon consistently ranks among
the top information technology integrators based on independent
surveys, and has been named to the Forbes List of the 400 Best Big
Companies in 2006, earning distinction on the Forbes Platinum List.
Anteon is listed on the Standards & Poor's MidCap 400 Index. For more
information, visit www.anteon.com.
CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS
Statements herein regarding the proposed transaction between
Anteon International Corporation and General Dynamics Corporation, the
expected timetable for completing the transaction, future financial
and operating results, benefits and synergies of the transaction,
future opportunities for the combined company and any other statements
about Anteon International Corporation management's future
expectations constitute forward looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such
statements are based upon the current beliefs and expectations of
Anteon International Corporation's management and are subject to
significant risks and uncertainties. There are a number of important
factors that could cause actual results or events to differ materially
from those indicated by such forward looking statements, including:
the ability to obtain governmental approvals of the transaction on the
proposed terms and schedule. Additional factors that may affect future
results are contained in Anteon International Corporation's filings
with the Securities and Exchange Commission ("SEC"), including its
Annual Report on Form 10-K for the year ended December 31, 2005, which
are available at the SEC's Web site (http://www.sec.gov). The
information set forth herein speaks only as of the date hereof, and
Anteon International Corporation disclaims any intention or obligation
to update any forward looking statements as a result of developments
occurring after the date hereof.
IMPORTANT ADDITIONAL INFORMATION FILED WITH THE SEC
In connection with the proposed transaction, Anteon International
Corporation has filed a definitive Proxy Statement with the SEC and
has mailed such final Proxy Statement to its stockholders. INVESTORS
AND SECURITY HOLDERS OF ANTEON INTERNATIONAL CORPORATION ARE URGED TO
READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH
THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ANTEON
INTERNATIONAL CORPORATION, THE PROPOSED TRANSACTION AND RELATED
MATTERS. Investors and security holders of Anteon International
Corporation may obtain copies of the Proxy Statement, as well as other
filings with the SEC that may be incorporated by reference into such
documents, containing information about Anteon International
Corporation, without charge, at the SEC's Internet site
(http://www.sec.gov). These documents may also be obtained for free
from Anteon International Corporation by directing a request to Anteon
International Corporation, Investor Relations, 3211 Jermantown Road,
Fairfax, Virginia 22030-2801 or at Anteon International Corporation's
Investor Relations page on its corporate website at www.anteon.com.