InfoVista Repurchases 700,000 Shares Under Share Buy-Back Program
13 September 2006 - 9:00AM
PR Newswire (US)
PARIS, France and HERNDON, Virginia, September 13
/PRNewswire-FirstCall/ -- InfoVista (Euronext: IFV, ISIN:
FR0004031649, NASDAQ: IVTA), the leading service-centric
performance management software company, today announced that the
Company completed a transaction to purchase a block of 700,000
ordinary shares of InfoVista SA. The purchase was conducted as part
of the Company's share repurchase program, approved by the
Shareholders' Meeting of December 9, 2005. Following this
transaction, the Company owns approximately 1.9 million treasury
shares, which represents less than 10% of all shares outstanding.
About InfoVista InfoVista is the Service-Centric Performance
Management Software Company that assures the optimal delivery of
business-critical IT services. Driven by a uniquely adaptive and
real-time technology foundation, InfoVista solutions improve
business effectiveness, reduce operating risk, lower cost of
operations, increase agility and create competitive advantage.
Eighty percent of the world's largest service providers as ranked
by Fortune(R), as well as leading Global 2000 enterprises, rely on
InfoVista to enhance the business value of their technology assets.
Representative customers include ABN AMRO, Allstream, Banques
Populaires, AXA, Banque de France, Bell Canada, British Telecom,
Broadwing Communications, Cable & Wireless, Com Hem, Defense
Information Systems Agency (DISA), Deloitte, Deutsche Telekom,
France Telecom, Savvis Corporation, SingTel, Telefonica, and US
Cellular. A Software Magazine 500 company, InfoVista stock is
traded on the NASDAQ (IVTA) and on Eurolist by Euronext
(FR0004031649). For more information about the company, please
visit http://www.infovista.com/. Cautionary Statement for Purposes
of the "Safe Harbor" Provisions of the Private Securities
Litigation Reform Act of 1995: Except for historical information
contained herein, the matters discussed in this news release are
"forward looking statements." These statements involve risks and
uncertainties which could cause actual results to differ materially
from those in such forward-looking statements; including, without
limitation, risks and uncertainties arising from the rapid
evolution of our markets, competition, market acceptance of our
products, our dependence upon spending by the telecommunications
industry and our ability to develop and protect new technologies.
For a description of other factors which might affect our actual
results, please see the "Risk Factors" section and other
disclosures in InfoVista's public filings with the US Securities
& Exchange Commission and French Autorite des Marches
Financiers. Readers of this news release are cautioned not to put
undue reliance on any forward-looking statement. The Company
undertakes no obligation to publicly update any forward-looking
statements, whether as a result of new information, future events
or otherwise. InfoVista is the registered trademark of InfoVista,
S.A. DATASOURCE: InfoVista CONTACT: Contact: Karena D'Arcy,
Investor Relations Manager, InfoVista, +33-1-64-86-85-65,
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