Redwood City, Calif. (March 22, 2004) - SEVEN Networks, Inc announced today that the company has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock to be sold by both the company and selling stockholders. UBS Securities LLC will act as sole book running manager for the offering, with co-manager Needham & Company, Inc.
When available, copies of the preliminary prospectus relating to this offering may be obtained from UBS Securities LLC, 299 Park Avenue, New York, NY 10171, Telephone (212) 821-3000.
A registration statement related to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About SEVEN
SEVEN® is a leading global provider of software that
enables mobile operators to offer their subscribers secure,
low-cost, real-time access to critical information
including business and personal email and applications.
SEVEN is available as Personal Edition for individuals, and
Server Edition and Enterprise Edition for businesses. Our
software supports a wide variety of device platforms,
including BREW-, J2ME-, Microsoft Pocket PC-, Microsoft
Smartphone 2003-, Palm OS- and Symbian-based phones-, and
is currently compatible with handheld devices manufactured
by Hitachi, HTC, Motorola, palmOne, Sanyo, Samsung, Sony
Ericsson and Toshiba-, SEVEN is available today across
major international network standards, and is sold by
Cingular Wireless, KDDI Corp., NTT DoCoMo, O2, Orange, The
SingTel Group and Sprint. SEVEN is a global company
headquartered in Redwood City, CA.
Investor Relations Contact:
Kate O'Sullivan - SEVEN
+1 650 381-2517
kate@seven.com