Recommended Offer by Alterian for Mediasurface

May 20, 2008


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The boards of Alterian, an international provider of enterprise management software, and Mediasurface, provider of Web Content Management software, announced that they have reached an agreement on the terms of a recommended offer by Alterian to acquire the entire issued and to be issued share capital of Mediasurface. The Offer will be on the basis of 9 pence in cash and 0.0375 of a Consideration Share for each Mediasurface Share. The Offer values the entire issued and to be issued share capital of Mediasurface at approximately £18.1 million. The transaction is subject to customary closing conditions and is expected to close late June 2008.

(www.mediasurface.com, www.alterian.com)