Published: August 13, 2008
Alcatel-Lucent Extends Tender Offer for Motive
PARIS, August 13 /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext
Paris: ALU and NYSE: ALU) today announced that its wholly owned subsidiary,
Lucent Technologies Inc., has extended its previously announced tender offer
for all of the issued and outstanding shares of common stock of Motive, Inc.
until 12:00 midnight,New York City time, at the end of Wednesday, September
10, 2008. The tender offer was previously set to expire at 12:00 midnight,
New York City time, at the end of Tuesday, August 12, 2008.
As of 12:00 midnight,New York City time, at the end of Tuesday, August
12, 2008, approximately 27.0 million shares had been tendered into the tender
offer and not withdrawn.
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that
enable service providers, enterprises and governments worldwide, to deliver
voice, data and video communication services to end-users. As a leader in
fixed, mobile and converged broadband networking, IP technologies,
applications and services, Alcatel-Lucent offers the end-to-end solutions
that enable compelling communications services for people at home, at work
and on the move. With operations in more than 130 countries, Alcatel-Lucent
is a local partner with global reach. The company has the most experienced
global services team in the industry, and one of the largest research,
technology and innovation organizations in the telecommunications industry.
Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is
incorporated inFrance, with executive offices located inParis. For more
information, visit Alcatel-Lucent on the Internet:
http://www.alcatel-lucent.com
Important Additional Information
This press release is for informational purposes only and is not an offer
to buy or the solicitation of an offer to sell any securities. The
solicitation and the offer to buy shares of Motive common stock is made only
pursuant to an offer to purchase, letter of transmittal and related materials
that Alcatel Lucent, Lucent Technologies Inc. and Magic Acquisition
Subsidiary Inc. filed with the U.S. Securities and Exchange Commission on
July 16, 2008. Motive filed with the U.S. Securities and Exchange Commission
a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 in
connection with the tender offer. Shareholders of Motive are urged to read
these materials carefully because they contain important information,
including the terms and conditions of the tender offer. Shareholders will be
able to obtain the offer to purchase, the letter of transmittal and related
documents without charge from the U.S. Securities and Exchange Commission's
Website at http://www.sec.gov or by contacting D.F. King, the information
agent for the offer, at (800)-347-4750.
Safe Harbor for Forward Looking Statements
This press release may contain forward looking information based on the
current expectations of Alcatel-Lucent. Because forward looking statements
involve risks and uncertainties, actual results could differ materially. All
statements other than statements of historical fact are statements that could
be deemed forward looking statements, including the expected benefits and
costs of the transaction with Motive, management plans relating to the
transaction, the anticipated timing of filings and approvals relating to the
transaction, the ability of Motive to satisfy all conditions to closing of
the transaction, the expected timing of the completion of the transaction,
the ability to complete the transaction, any statements of the plans,
strategies and objectives of future operations, and any statements of
assumptions underlying any of the foregoing. Risks, uncertainties and
assumptions include the possibility that expected benefits may not
materialize as expected, risks related to the timing or ultimate completion
of the transaction, that, prior to the completion of the transaction,
Motive's business may not perform as expected due to uncertainty; that the
parties are unable to successfully implement integration strategies, and
other risks that are described from time to time in the public filings of
Alcatel-Lucent and Motive with the U.S. Securities and Exchange Commission.
The forward looking statements speak only as of the date of this press
release. Alcatel-Lucent expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward looking statements
included in this press release to reflect any changes in expectations with
regard thereto or any changes in events, conditions, or circumstances on
which any such statement is based.
SOURCE Alcatel-Lucent
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