BEA Schedules Special Meeting of Stockholders
25 Febrero 2008 - 3:30PM
PR Newswire (US)
SAN JOSE, Calif., Feb. 25 /PRNewswire-FirstCall/ -- BEA Systems,
Inc. (NASDAQ:BEAS), a world leader in enterprise infrastructure
software, today announced that it has called a special meeting of
its stockholders, to be held at 10:00 a.m. Pacific time on Friday,
April 4, 2008 at Techmart, located at 5201 Great America Parkway,
Santa Clara, California, to consider and vote on the proposal to
adopt the previously disclosed Agreement and Plan of Merger, dated
as of January 16, 2008, by and among BEA, Oracle Corporation and
Bronco Acquisition Corporation under which BEA would be acquired by
Oracle Corporation. Stockholders of record as of the close of
business on Thursday, February 28, 2008 will be entitled to vote at
the special meeting. About BEA Systems, Inc. BEA Systems, Inc.
(NASDAQ:BEAS) is a world leader in enterprise infrastructure
software. Information about how BEA helps customers build a Liquid
Enterprise(TM) that transforms their business can be found at
http://www.bea.com/. Copyright 1995-2007, BEA Systems, Inc. All
rights reserved. BEA, BEA AquaLogic, BEA eLink, BEA WebLogic, BEA
WebLogic Portal, BEA WebLogic Server, Connectera, Compoze Software,
Jolt, JoltBeans, JRockit, SteelThread, Think Liquid, Top End,
Tuxedo, and WebLogic are registered trademarks of BEA Systems, Inc.
BEA Blended Application Development, BEA Blended Development Model,
BEA Blended Strategy, BEA Builder, BEA Guardian, BEA Manager, BEA
MessageQ, BEA microService Architecture, BEA SOA 360, BEA Workshop,
BEA WorkSpace 360, Signature Editor, Signature Engine, Signature
Patterns, Support Patterns, Arch2Arch, Arch2Arch Advisor, Dev2Dev,
Dev2Dev Dispatch, Exec2Exec, Exec2Exec Voice, IT2IT, IT2IT Insight,
Business LiquidITy, and Liquid Thinker are trademarks of BEA
Systems, Inc. BEA Mission Critical Support, BEA Mission Critical
Support Continuum, BEA SOA Self Assessment, and Fluid Framework are
service marks of BEA Systems, Inc. All other company and product
names may be the subject of intellectual property rights reserved
by third parties. All other trademarks are the property of their
respective companies. Cautionary Statement Regarding
Forward-Looking Statements This document contains certain
forward-looking statements about BEA that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in the forward-looking statements.
These factors include, but are not limited to, the risk that Nasdaq
may delist BEA's common stock for failure to comply with any Nasdaq
listing requirement; the occurrence of any event, change or other
circumstances that could give rise to the termination of the merger
agreement; the outcome of any legal proceedings that may be
instituted against BEA and others following announcement of the
proposal or the merger agreement; the inability to complete the
merger due to the failure to obtain stockholder approval; the
inability to obtain necessary regulatory approvals required to
complete the merger; the risk that the proposed transaction
disrupts current plans and operations and the potential
difficulties in employee retention as a result of the merger; the
ability to recognize the benefits of the merger or of any
combination of BEA and Oracle; the timing of the initiation,
progress or cancellation of significant contracts or arrangements,
the mix and timing of services sold in a particular period; and the
possibility that BEA may be adversely affected by other economic,
business, and/or competitive factors. BEA is under no duty to
update any of the forward-looking statements after the date of this
document to conform to actual results. These and other risks are
set forth in the "Risk Factors," "Legal Proceedings" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" sections of and elsewhere in BEA's Form 10-K
for the year ended January 31, 2007 that was filed with the
Securities and Exchange Commission on November 15, 2007. Many of
the factors that will determine the outcome of the subject matter
of this release are beyond BEA's ability to control or predict.
Important Additional Information Regarding the Merger. In
connection with the proposed merger, on February 7, 2008, BEA filed
a preliminary proxy statement with the Securities and Exchange
Commission (the "SEC"). Investors and security holders are advised
to read the preliminary proxy statement and, when it becomes
available, the definitive proxy statement as well as any other
relevant documents filed with the SEC when they become available
because they will contain important information about the merger
and the parties to the merger. Investors and security holders may
obtain a free copy of the proxy statements and other documents
filed by BEA at the SEC website at http://www.sec.gov/. The proxy
statements and other documents filed by BEA with the SEC also may
be obtained for free at BEA's Internet website at
http://www.bea.com/investors or by writing to BEA Systems, Inc.,
2315 North First Street, San Jose, CA 95131, Attn: Investor
Relations Department. In connection with the special meeting of BEA
stockholders to approve the adoption of merger agreement, BEA will
mail copies of the definitive proxy statement to BEA stockholders
who are entitled to attend and vote at the special meeting. The
information in the preliminary proxy statement is not complete and
may be changed. Before making any voting or investment decisions
with respect to the proposed acquisition or any of the other
matters with respect to which BEA's stockholders will be asked to
vote pursuant to the proxy statement, BEA's stockholders are urged
to read the definitive proxy statement and other documents filed by
BEA when they become available. DATASOURCE: BEA Systems, Inc.
CONTACT: Investor Contact, Kevin Faulkner, +1-408-570-8293, , or
Media and Industry Analyst Contact, Kevin Hayden, +1-408-570-8017,
, both of BEA Systems, Inc. Web site: http://www.bea.com/
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