5th Oct 2006 07:01
Adamind Ltd05 October 2006 5 October 2006 Adamind Ltd ("Adamind" or "the Company") Further to the announcement made on 3 October, Adamind announces thatdiscussions in relation to the indicative offer have now terminated. The Boardconsiders that the indicative offer was opportunistic, and did not reflect thecompany's value and prospects. The Board is actively exploring other alternatives for maximising shareholdervalue. The Board believes that the recent actions taken to strengthen managementand to improve the Company's efficiency will deliver benefits going forward. Enquiries AdamindOrna Berry, Executive Chairperson +972 9 971 9111 Corfin CommunicationsNeil Thapar, Harry Chathli +44 20 7929 8989 About Adamind Adamind (LSE: ADA) is a provider of software that enables mobile multimediacontent and converged communications services. The company addresses theinteroperability challenge that exists between different mobile devices toreceive and process media rich content. The Adamind SpireTM platform providesmedia adaptation and enhancement software enabling service operators tosuccessfully deploy messaging, content and next generation convergence services;generate new revenue streams; and drive key new value-added-services (VAS)enablers such as advertising, branding, DRM and anti-abuse support. With over110 deployments in some of the world's major mobile operator networks andcontent providers such as Universal Mobile Music, Adamind is strategicallypoised to enable the promise of the Mobile Lifestyle revolution. Adamind hasstrategic relationships with major infrastructure vendors and system integratorsincluding Ericsson, HP, IBM, Accenture, LogicaCMG, Motorola, Openwave, CriticalPath and CBOSS. www.adamind.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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