WESTBOROUGH, Mass., June 29 /PRNewswire/ -- Peritus Software Services,
Inc. announced today that it has completed its merger with Rocket Acquisition
Company, Inc. pursuant to the Agreement and Plan of Merger dated as of April
18, 2001 among Peritus, Rocket Acquisition Company and Rocket Software, Inc.
Peritus had previously announced on April 18, 2001 that it had entered into
the Agreement and Plan of Merger. Peritus is a provider of solutions for
software maintenance technology and services. Rocket Acquisition Company is
an indirect subsidiary of Rocket Software.
Pursuant to the Agreement and Plan of Merger, Peritus stockholders other
than Rocket Acquisition Company and Rocket Software are entitled to be paid
$.19 per share in cash in exchange for their Peritus shares. The exchange
agent for Peritus will mail notices to the Peritus stockholders regarding the
completion of the merger and including instructions for the stockholders to
obtain payment of the merger consideration to which they are entitled. No
interest or dividends will accrue or be payable on the merger consideration.
Accordingly, the Peritus stockholders should respond promptly to the notice
from Peritus' exchange agent.
About Peritus
Founded in 1991, Peritus Software Services, Inc. offers products and
services that enable organizations to improve the productivity, effectiveness
and quality of the software evolution process. The Peritus Software Asset
Maintenance (SAM) offerings enable organizations to transform the maintenance
process into an efficient, cost-effective discipline that boosts productivity
and performance. Peritus is now headquartered in Natick, MA.
Contact: Johan Magnusson, President
Peritus Software Services, Inc.
c/o Rocket Software, Inc.
2 Apple Hill Drive
Natick, MA 01760
Phone: 508-655-4321
Facsimile: 508-652-4730
Peritus is a registered trademark of Peritus Software Services, Inc.
About Rocket
Founded in 1990, Rocket Software, Inc. is a software engineering
organization providing enterprise class software products and services.
Rocket is headquartered in Natick, MA.
SOURCE Peritus Software Services
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Related links:
http://www.peritus.com
Company News On-Call:
http://www.prnewswire.com/comp/123089.html or fax,
800-758-5804, ext. 123089
CONTACT:
Johan Magnusson, President of Peritus
Software Services, Inc., 508-655-4321
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