Superclick, Inc. (OTCBB: SPCK), a technology leader in Ip address infrastructure management plus converged network design and style solutions, today reported that ISS & Glass Lewis, the two leading independent proxy advisory services, recommend that Superclick, Incorporated. stockholders vote "FOR" each of the plans at the special meeting of stockholders, scheduled intended for January 18, Next year, including the company's planned merger with AT&T Corp. and also SC Acquisition Organization., a wholly owned subsidiary of AT&T. The recommendations of ISS & Glass Lewis are relied upon by hundreds of major institutional investment decision firms, mutual resources and other fiduciaries throughout the world.
Inside their support of the offered merger, ISS concluded, "Based on a review of the transaction above, including the purchase process, which included a niche check in which about 50 parties were contacted, the 13.67 percent top quality to the unaffected value, and the all-cash form of the actual merger consideration, which gives certainty of value, any vote FOR this proposition is warranted.In .
Under terms of the conclusive proxy statement, AT&T is going to acquire all spectacular shares of Superclick, Corporation. common stock with regard to $0.268 per share in money. Based on closing selling prices on Sept. Twenty-three, 2011, the last entire day of trading previous to announcement of the merging agreement, the merger consideration of $0.268 per write about represented a premium involving 11.7% over Superclick's closing price of $0.24. Additionally, the offer price presents a premium of Forty one.3% for the one-year period, reduced of 89.2% to the three-year period, and a high grade of 91.3% for your five-year period ending about Sept. 23, The new year.
A special meeting connected with Superclick, Inc. stockholders to consider along with vote upon your proposed transaction will likely be held at the Hyatt Regency Montreal, positioned at 1255 Jeanne-Mance, Montreal, Quebec H5B 1E5 in Wednesday, January Eighteen, 2012 at 10:00 a.meters. local time. Superclick, Corporation. stockholders of record as of the close of business on November Twenty five, 2011, are entitled to vote at the special conference.
Superclick, Inc. stockholders are encouraged to read the company's definitive proxies materials in their whole as they provide, amongst other things, a detailed discussion with the process that led to the actual proposed merger as well as the reasons behind the table of directors' unanimous suggestion that stockholders vote "FOR" the particular approval and adoption of the merger understanding and the merger.
Superclick stockholders with questions about the combination, need assistance in submitting their proxy or maybe voting their shares really should contact the company's proxy solicitor, Morrow & Co, LLC, 470 Western Avenue - 1 / 3 Floor, Stamford, CT 06902, at (300)607-0088 or (203) 658-9400.
About Superclick
Superclick, Corporation. (OTCBB: SPCK), through its totally owned, Montreal-based subsidiary Superclick Systems, Inc., develops, fabricates, markets and sports ths Superclick Internet Management Program (SIMS?), Monitoring along with Management Application (MAMA?) and Media Syndication System (MDS?) in global hospitality, conference facility and event, multi-tenant product (MTU) and university market segments. Superclick Networks Inc. assists leading hospitality brands including Accor, Fairmont & Raffles Hotels, 4 Seasons Hotels, Overseas Hotels Group, Jumeirah, Kimpton Hotels, Mandarin Oriental Hotels, Marriott Accommodations International, Shangri-La Hotels as well as Starwood in Canada, The united states, the Middle East and also Asia. Superclick Networks is also partnering with IBM Global Services while in the development of products and services built to address strategic possibilities in key progress markets on a world-wide basis.
Forward-Looking Statements
Assertions in this press release who are not statements of historical or current reality, including statements about the proposed transaction, your expected timetable with regard to completing the deal, and any other phrases regarding events and also developments that we believe that or anticipate is going to or may occur in the future, constitute "forward-looking statements" while in the meaning of the Private Stock options Litigation Reform Act of 1995. This kind of forward-looking statements involve identified and unknown risks, the parties' opportunity to consummate the purchase, uncertainties and other undiscovered factors that could make the actual results of the firm to be materially different from this historical results as well as from any future outcomes expressed or implied by such forward-looking transactions. In addition to statements which explicitly describe such risks and issues, readers are advised to consider statements while using terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be unstable and forward-looking. The forward-looking claims contained herein also are subject generally to risks and worries that are described from time to time in the Company's reviews and registration claims filed with the Registration. Factors that could trigger actual results to differ materially from the forward-looking statements covered herein include, but aren't limited to: any functional or cultural problems associated with the integration of the businesses of the Organization and Parent; prospective adverse reactions or modifications to business interactions resulting from the headline or completion of the actual proposed transaction; unanticipated costs, charges and also expenses resulting from the particular proposed transaction; litigation or adverse judgement making relating to the proposed financial transaction; risks relating to the consummation on the contemplated transaction, like risk that the expected stockholder approval might not be attained in a timely manner or in the least or that some other closing conditions won't be satisfied; the failure to realize synergies and cost financial savings from the transaction or delay in conclusion thereof; any difficulties connected with requests or recommendations from governmental government bodies resulting from their reviews with the transaction; and any modifications in general economic and/or industry-specific circumstances. Superclick assumes no accountability to update as well as revise any forward-looking record, whether as a result of fresh information, future gatherings and developments usually.
Additional Information and How to find It
Superclick intends to record with the Securities and Exchange Commission (the "SEC") a basic proxy statement and also a definitive proxy affirmation and other relevant resources in connection with the merger described in the website article referenced above. Your definitive proxy affirmation will be sent or maybe given to the stockholders regarding Superclick. Before making any voting as well as investment decision with respect to the merging, stockholders are urged to learn the proxy affirmation and other relevant materials when they become out there because they will incorporate important information about the combination. The proxy statement and other relevant supplies (when they become readily available), and any other records filed by Superclick using the SEC, may be bought free of charge at the SEC's website at gov or at Superclick's internet site at superclick .
For more information, speak to: Todd M. Pitcher Superclick, Corporation. 760 798-4938
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