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Tucows To Commence its Previously Announced Dutch Auction Tender on November 29, 2012
TORONTO, Nov. 21, 2012 /PRNewswire/ - Tucows Inc. (NYSE AMEX:TCX, TSX:TC) a
global provider of domain names, email and other Internet services,
today announced that, further to its news release of November 13, 2012,
the commencement of its "modified Dutch Auction" tender offer (the
"Tender Offer") has been postponed to November 29, 2012 due to
challenges coordinating the Tender Offer around the Thanksgiving
holidays. The Tender Offer had previously been expected to commence
the week of November 19, 2012.
Tender Offer Statement
The Tender Offer described in this release has not yet commenced. This
release is for informational purposes only and is not an offer to buy
or the solicitation of an offer to sell any shares of the Company's
common stock. The solicitation and offer to buy the Company's common
stock will only be made pursuant to the offer to purchase and related
materials that the Company will send to its shareholders. Shareholders
should read those materials carefully because they will contain
important information, including the various terms and conditions of
the Tender Offer.
About Tucows
Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over fourteen million domain names and millions of value-added
services through a reseller network of over 13,000 web hosts and ISPs.
Hover (http://hover.com) is the easiest way for individuals and small businesses to manage
their domain names and email addresses. Ting.com (https://ting.com) is a mobile phone service provider dedicated to bringing clarity and
control to US mobile phone users. YummyNames (http://yummynames.com) owns and operates premium domain names that generate revenue through
advertising or resale. More information can be found on Tucows'
corporate website (http://tucows.com).
This news release contains, in addition to historical information,
forward-looking statements related to the proposed tender offer,
including the timing, total number of shares to be purchased under the
proposed tender offer and the process for the proposed tender offer.
Such statements are based on management's current expectations and are
subject to a number of uncertainties and risks, which could cause
actual results to differ materially from those described in the
forward-looking statements. Information about potential factors that
could affect Tucows' business, results of operations and financial
condition is included in the Risk Factors sections of Tucows' filings
with the Securities and Exchange Commission. All forward-looking
statements included in this document are based on information available
to Tucows as of the date of this document, and except to the extent
Tucows may be required to update such information under any applicable
securities laws, Tucows assumes no obligation to update such
forward-looking statements.
TUCOWS is a registered trademark of Tucows Inc. or its subsidiaries. All
other trademarks and service marks are the properties of their
respective owners.
SOURCE Tucows Inc.
Tucows Inc.
CONTACT: Contact:
Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com
Tucows To Commence its Previously Announced Dutch Auction Tender on November 29, 2012
TORONTO, Nov. 21, 2012 /PRNewswire/ - Tucows Inc. (NYSE AMEX:TCX, TSX:TC) a
global provider of domain names, email and other Internet services,
today announced that, further to its news release of November 13, 2012,
the commencement of its "modified Dutch Auction" tender offer (the
"Tender Offer") has been postponed to November 29, 2012 due to
challenges coordinating the Tender Offer around the Thanksgiving
holidays. The Tender Offer had previously been expected to commence
the week of November 19, 2012.
Tender Offer Statement
The Tender Offer described in this release has not yet commenced. This
release is for informational purposes only and is not an offer to buy
or the solicitation of an offer to sell any shares of the Company's
common stock. The solicitation and offer to buy the Company's common
stock will only be made pursuant to the offer to purchase and related
materials that the Company will send to its shareholders. Shareholders
should read those materials carefully because they will contain
important information, including the various terms and conditions of
the Tender Offer.
About Tucows
Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over fourteen million domain names and millions of value-added
services through a reseller network of over 13,000 web hosts and ISPs.
Hover (http://hover.com) is the easiest way for individuals and small businesses to manage
their domain names and email addresses. Ting.com (https://ting.com) is a mobile phone service provider dedicated to bringing clarity and
control to US mobile phone users. YummyNames (http://yummynames.com) owns and operates premium domain names that generate revenue through
advertising or resale. More information can be found on Tucows'
corporate website (http://tucows.com).
This news release contains, in addition to historical information,
forward-looking statements related to the proposed tender offer,
including the timing, total number of shares to be purchased under the
proposed tender offer and the process for the proposed tender offer.
Such statements are based on management's current expectations and are
subject to a number of uncertainties and risks, which could cause
actual results to differ materially from those described in the
forward-looking statements. Information about potential factors that
could affect Tucows' business, results of operations and financial
condition is included in the Risk Factors sections of Tucows' filings
with the Securities and Exchange Commission. All forward-looking
statements included in this document are based on information available
to Tucows as of the date of this document, and except to the extent
Tucows may be required to update such information under any applicable
securities laws, Tucows assumes no obligation to update such
forward-looking statements.
TUCOWS is a registered trademark of Tucows Inc. or its subsidiaries. All
other trademarks and service marks are the properties of their
respective owners.
SOURCE Tucows Inc.
Tucows Inc.
CONTACT: Contact:
Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com