Valor Computerized Systems Ltd. / AGM/EGM 04.02.2010 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Yavne, Israel - February 3, 2010 - Valor Computerized Systems [Prime Standard: VCR, WKN 928731], announces that in a special shareholders meeting that was held today the shareholders of Valor approved all items on the agenda, including the Agreement and Plan of Merger (the 'Merger Agreement'), dated as of October 12, 2009 by and among Valor, Mentor Graphics (Netherlands) BV ('Mentor'), a corporation formed under the laws of the Netherlands which is a wholly owned subsidiary of Mentor Graphics Corporation, an Oregon, U.S.A. corporation, and VR Acquisition Ltd., a company formed under the laws of the State of Israel and a wholly owned subsidiary of Mentor; and (b) the transactions contemplated by the Merger Agreement, including the merger of VR Acquisition Ltd. Into Valor in a court-approved arrangement between Valor and its shareholders under the provisions of Sections 350 and 351 of the Israeli Companies law, 5759 - 1999, so that Valor will become a wholly owned subsidiary of Mentor, and including the inherent capital reduction of Valor as a result thereof. It should be noted that the actual merger contemplated under the Merger Agreement is pending, inter alia, the completion of all conditions precedent to such merger in accordance with the terms of the Merger Agreement (or the waiver thereof) and the approval of the Israeli courts of such Merger. About Valor Valor is a global provider of productivity improvement software solutions for the printed circuit board, or PCB, manufacturing supply chain. PCBs are the principal electronic interconnect technology used in the vast majority of electronic products sold today. Valor's solutions target three key segments in the PCB manufacturing market: design of the physical layout of the PCB, fabrication of the bare PCB, and assembly of PCB components. For further information, please contact: Valor Corporate Alon Erlich alon.erlich@valor.com Tel: +972-(0)8-943-2430 Certain statements included herein are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include statements regarding the size and timing of the proposed offering. These forward-looking statements are only predictions based on our current expectations and projections about future events. Many factors, including those indicated in the press release, as well as general market conditions, could impact the realization of these forward-looking statements. Valor wishes to caution prospective investors not to rely on any such forward-looking statements as predictions of future events. Valor does not undertake, and specifically disclaims any obligation, to update any forward-looking statements, which speak only as of the date made. 04.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Valor Computerized Systems Ltd. 4 Faran Street 70600 Yavne Israel Phone: +972-(0)3 - 9432430 Fax: +972-(0)3 - 9432429 E-mail: IR@valor.com Internet: www.valor.com ISIN: IL0010845324 WKN: 928731 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Valor Computerized Systems Ltd.: Resolution of Valor Shareholders Meeting
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