Based on the final tabulation by the depositary, the tender offer was not oversubscribed, 7,410,824 shares were validly tendered and not withdrawn, and the purchase price for the tender offer is $5.50 per share. As a result, Ditech Networks has accepted for purchase 7,410,824 shares of its common stock, representing a total purchase price of approximately $40.8 million.
The information agent for the tender offer is D. F. King & Co., Inc. The depositary is Wells Fargo Bank, N.A. For questions and information please contact the information agent toll free at (800) 488-8075. -Ditech Networks
