SurfControl Shareholders Approve Acquisition by Websense, Inc.


SAN DIEGO, Aug. 16 /-- Websense, Inc. (NASDAQ:WBSN) today announced SurfControl PLC shareholders approved Websense's proposed acquisition of SurfControl, a provider of on-demand and software-based Web and email security solutions.

At the shareholder meetings held today, holders of more than 99% of the ordinary shares outstanding present at the meetings in person or by proxy, voted in favor of the transaction. Under the terms of the agreement announced on April 26, 2007, SurfControl shareholders will receive 700 pence in cash for each SurfControl share. The proposal values SurfControl's existing issued share capital at approximately 201 million pounds Sterling.

As previously announced, it is anticipated that a court hearing to sanction the acquisition will be held on or around October 2, 2007, and that the acquisition will become effective the following day, October 3, 2007.

"The combination of Websense and SurfControl is expected to benefit customers, partners and shareholders by creating an IT security solutions company with the scale and product portfolio to compete more effectively with large global security software companies," said Websense CEO Gene Hodges. "We thank the SurfControl board and management team for their ongoing support leading to the shareholder vote. We're pleased SurfControl shareholders have approved the acquisition, and we look forward to closing in October."

About Websense, Inc.

Websense, Inc. (NASDAQ:WBSN), protects more than 25 million employees from external and internal computer security threats. Using a combination of preemptive ThreatSeeker(TM) malicious content identification and categorization technology and information leak prevention technology, Websense helps make computing safe and productive. Distributed through its global network of channel partners, Websense software helps organizations block malicious code, prevent the loss of confidential information and manage Internet and wireless access. For more information, visit www.websense.com/.

Source: Websense, Inc.

CONTACT: Media, Cas Purdy, +1-858-320-9493, cpurdy@websense.com, or
Rebecca Zarkos, +44-1932-895187, rzarkos@websense.com, or Investors, Kate Patterson, +1-858-320-8072, kpatterson@websense.com, all of Websense, Inc.

Web site: www.websense.com/

All Topics