SAN JOSE, CA -- 11/04/08 --
Secure Computing Corporation (NASDAQ: SCUR), a
leading provider of enterprise gateway security, announced today that it
has obtained clearance from the Federal Cartel Office of Germany (FCO) for
Secure Computing to be acquired by McAfee, Inc. (NYSE: MFE). The proposed
acquisition is subject to customary closing conditions, including the
receipt of Secure Computing stockholder approval, and, if approved, is
expected to close shortly after the Secure Computing special stockholder
meeting on November 14, 2008.
Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements, which include those
regarding the anticipated completion of the merger and the expected closing
date of the merger. These forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause actual
results or outcomes to be materially different from those anticipated in
this release including, among others, the inability of Secure Computing to
obtain necessary stockholder approval; material changes in the economic
environment or the industries in which Secure Computing and McAfee operate;
the satisfaction of other closing conditions contained in the Agreement and
Plan of Merger, dated as of September 21, 2008, by and among Secure
Computing, McAfee and Seabiscuit Acquisition Corporation; and other factors
relating to Secure Computing and McAfee that may impact the timing or
occurrence of closing. In addition, actual outcomes are subject to other
risks and uncertainties that relate more broadly to Secure Computing's
overall business, including those more fully described in Secure
Computing's filings with the Securities and Exchange Commission, including
its Annual Report on Form 10-K for the year ended December 31, 2007, and
its Quarterly Reports filed on Form 10-Q for the second and third quarters
of 2008. Secure Computing assumes no obligation to update these
forward-looking statements.
About Secure Computing
Secure Computing, a leading provider of enterprise gateway security,
delivers a comprehensive set of solutions that help customers protect their
critical Web, email and network assets. Over half of the Fortune 50 and
Fortune 500 are part of our more than 22,000 global customers, supported by
a worldwide network of more than 2,000 partners. The company is
headquartered in San Jose, Calif., and has offices worldwide. For more
information, see http://www.securecomputing.com.
Important Information
Secure Computing has filed with the Securities and Exchange Commission (the
"SEC") a definitive proxy statement and other relevant materials in
connection with its proposed acquisition by McAfee. The definitive proxy
statement was first mailed to the stockholders of Secure Computing on
October 16, 2008. Before making any voting or investment decision with
respect to the transaction, investors and security holders of Secure
Computing are urged to read the proxy statement and the other relevant
materials because they contain important information about the transaction,
Secure Computing and McAfee. Investors and security holders may obtain free
copies of these documents (when they are available) and other documents
filed with the SEC at the SEC's web site at www.sec.gov. In addition,
investors and security holders may obtain free copies of the documents
filed with the SEC from Secure Computing's investor relations website at
www.securecomputing.com/invest.cfm or by writing its investor relations
department at 55 Almaden Boulevard, Suite 500 San Jose, CA 95113.
Secure Computing and its officers and directors may be deemed to be
participants in the solicitation of proxies from Secure Computing's
stockholders with respect to the transaction. A description of any
interests that these officers and directors have in the transaction is
available in the proxy statement. In addition, McAfee may be deemed to have
participated in the solicitation of proxies from Secure Computing's
stockholders in favor of the adoption of the merger agreement. Information
concerning McAfee's directors and executive officers is set forth in
McAfee's proxy statement for its 2008 annual meeting of stockholders, which
was filed with the SEC on June 26, 2008. These documents are available free
of charge at the SEC's web site at www.sec.gov or by going to McAfee's
investor relations page on its corporate website at www.mcafee.com.
Press Contact:
Ally Zwahlen
925-207-4573
Email Contact
