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ARCHIVE 2005
Esmertec sets new date for IPO
NOT FOR DISTRIBUTION INTO THE UNITED STATES
First trading day on SWX envisaged for September 29
Duebendorf-Zurich, Switzerland – September 16, 2005 –
Esmertec™, a leading global, independent developer of software
solutions for mobile handsets and embedded devices, announced
today that the first trading day of its initial public offering
(IPO) on the Main Board of the SWX Swiss Exchange is envisaged
for September 29, 2005.
The terms of the IPO remain unchanged. Esmertec plans to place
a total of up to 5,450,000 registered shares at a price per share
ranging from CHF 15 to CHF 20. In addition, certain existing shareholders
have granted the joint bookrunners, UBS Investment Bank and Deutsche
Bank, an Over-Allotment Option of 815,000 shares. The bookbuilding
period will take place from September 22 to 28, 2005 with the
first day of trading on the Main Board of the SWX Swiss Exchange
expected on September 29, 2005. Proceeds from the offering will
be used to fuel further growth of the company – both organically
and via selective acquisitions – and engage in further product
and technology development.
Esmertec will provide an update of the company and present its
half-year results at a press conference on Wednesday, September
21, 2005 in Zurich. The Preliminary Offering Memorandum will also
be available on September 21, 2005 and can be obtained from the
joint bookrunners.
About Esmertec
Esmertec is a leading provider of software solutions for mobile
phones and embedded devices. Our high-performance solutions are
delivered to chipset and embedded devices manufacturers in mobile
and landline telecommunication, home-multimedia, machine-to-machine
and consumer electronics markets. Engineered for smallness, Esmertec's
wireless Java (Java ME) solutions, mobile applications and components,
and object-oriented software platform (OSVM™) are designed
to extract maximum performance from hardware environments. Founded
in 1999, Esmertec is a global company headquartered in Zurich,
with engineering, sales and customer support operations in Switzerland,
China, Denmark, France, Japan, Singapore, South Korea, Taiwan,
the UK and the USA.
www.esmertec.com
Contact
Leng Stricker-Wong
Phone +41 1 823 8954
lstricker@esmertec.com
This press release is not an offer of securities for sale in
the United States. No securities may be offered or sold in the
United States absent registration or an exemption from registration,
and any public offer of securities to be made in the United States
will be made by means of a prospectus that may be obtained from
Esmertec AG. Such prospectus will contain detailed information
about Esmertec and its management, as well as its financial statements.
This press release is not being made and may not be distributed
or sent into Australia, Canada or Japan.
This document is only directed at persons who: (i) are outside
the United Kingdom; or (ii) have professional experience in matters
relating to investments; or (iii) are persons falling within Article
49(2)(a) to (d) (“high net worth companies, unincorporated
associations etc”) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (all such persons being
together referred to as “relevant persons”). This
press release must not be acted on or relied on by persons who
are not relevant persons. Any investment or investment activity
to which this communication relates is available only to relevant
persons and will be engaged in only with relevant persons.
The announcement is not an offer of securities under Swiss Law.
It is not a listing prospectus according to art. 652a and/or art.
1156 Swiss Code of Obligations or art. 32 ff. Swiss Listing Rules
and is not a listing notice according to art. 45 ff. Swiss Listing
Rules.
Esmertec is a trademark of Esmertec AG. Java is a trademarks
of Sun Microsystems, Inc. Other company, product and service names
may be trademarks of their respective owners.
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