DGAP-News: Utimaco Safeware AG: Sophos announced a takeover offer for Utimaco

 | Source: EQS Group AG EQS Group AG 

Utimaco Safeware AG / Miscellaneous

28.07.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Sophos announced a takeover offer for Utimaco

Oberursel, Germany, 28. July 2008 – Sophos Holdings GmbH, a wholly owned
subsidiary of Sophos Plc. Oxford, UK, today announced its intend to make a
voluntary takeover offer in cash for all outstanding shares in Utimaco
Safeware AG at the price of EUR14,75 per share.
Initial conversations regarding this potential takeover offer have taken
place between the senior management of Sophos and Utimaco. Based on these
conversations Utimaco has allowed Sophos to conduct a limited Due
Diligence.

The Management Board and the Supervisory Board of Utimaco now await the
details of the takeover offer in order to provide a statement according to
§ 27 WpÜG (Wertpapiererwerbs- und Übernahmegesetz - German Securities
Acquisition and Takeover Act).

As soon as the complete bidding documents are available, they will be
posted on the Utimaco homepage under www.utimaco.de  Investor Relations.

Independent from a potential takeover offer by Sophos, Utimaco and Sophos
entered into a reseller agreement regarding SafeGuard Enterprise and a
mutual referral agreement for all products of both companies. According to
the reseller agreement, Sophos is entitled to sell the product SafeGuard
Enterprise to its customer base via its sales channels similar to the other
sales partners of Utimaco.


About Utimaco Safeware AG – The Data Security Company.
Utimaco is a leading global provider of data security solutions, enabling
mid- to large-size organizations to safeguard their data assets against
intentional or accidental data loss, and to comply with privacy laws.
Utimaco’s complete range of data security solutions provide full 360 degree
data protection for data at rest, data in motion and data in use. Utimaco
offers its customers comprehensive on-site support via a world-wide network
of certified partners and subsidiaries. Utimaco Safeware AG, with
headquarters in Oberursel, near Frankfurt, Germany, is listed on the
Frankfurt Stock Exchange (ISIN DE0007572406). For more information please
visit www.utimaco.com.

For more information on Sophos please refer to: www.sophos.com


Additional information:
Utimaco Safeware AG
Jutta Stolp, CIRO
Investor Relations
Tel.: +49 (61 71) 88 - 11 17
jutta.stolp@utimaco.de


DGAP 28.07.2008 
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Language:     English
Issuer:       Utimaco Safeware AG
              Hohemarkstraße 22
              61440 Oberursel
              Deutschland
Phone:        +49 (0)6171 88 - 0
Fax:          +49 (0)6171 88 - 1290
E-mail:       info@utimaco.de
Internet:     www.utimaco.de
ISIN:         DE0007572406
WKN:          757240
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
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