SAN MATEO, CA - November 8, 2000 - Virage, Inc. [NASDAQ: VRGE], a leading provider of software products and application services that enable video for the Internet, announced today that its Board of Directors has adopted a Preferred Stock Purchase Rights Plan designed to enable all Virage stockholders to realize the full value of their investment and to provide for fair and equal treatment for all Virage stockholders in the event that an unsolicited attempt is made to acquire Virage. The adoption of the Plan is intended as a means to guard against any potential use of takeover tactics designed to gain control of Virage without paying all stockholders full and fair value. The distribution of the Rights is not in response to any proposal to acquire Virage. The Board is not aware of any such effort.
Under the plan, stockholders will receive one Right to purchase one one-thousandth of a share of a new series of Preferred Stock for each outstanding share of Virage Common Stock held of record at the close of business on December 5, 2000.
The Rights, which will initially trade with the Common Stock, become exercisable to purchase one one-thousandth of a share of the new Preferred Stock, at $100.00 per Right, when someone acquires 15 percent or more of Virage's Common Stock or announces a tender offer which could result in such person owning 15 percent or more of the Common Stock. Each one one-thousandth of a share of the new Preferred Stock has terms designed to make it substantially the economic equivalent of one share of Common Stock. Prior to someone acquiring 15 percent, the Rights can be redeemed for $.001 each by action of the Board. Under certain circumstances, if someone acquires 15 percent or more of the Common Stock, the Rights permit Virage stockholders other than the acquiror to purchase Virage Common Stock having a market value of twice the exercise price of the Rights, in lieu of the Preferred Stock. Alternatively, when the Rights become exercisable, the Board of Directors may authorize the issuance of one share of Virage Common Stock in exchange for each Right that is then exercisable. In addition, in the event of certain business combinations, the Rights permit purchase of the Common Stock of an acquiror at a 50 percent discount. Rights held by the acquiror will become null and void in both cases.
The Rights expire on November 7, 2010. The Rights distribution will not be taxable to stockholders and will be payable to stockholders of record on December 5, 2000.
About Virage, Inc.
Headquartered in San Mateo, CA, Virage is the leading provider of solutions that enable video for strategic online applications. The Virage Video Application Platform transforms video into an effective online medium that is easy to publish, manage and distribute on the Internet or corporate intranets. The Virage platform provides content owners with the complete infrastructure for seamlessly integrating streaming video into business, entertainment and information applications. From ABC to Yahoo! over 180 customers across a broad range of markets have turned to Virage to help them improve production efficiencies and create new revenue opportunities with video. Contact Virage at http://www.virage.com/ or (650) 573-3210.
Virage, VideoLogger and the Virage logo are registered trademarks, and SmartEncode are trademarks of Virage, Inc. Other company product and service names may be trademarks or service marks of others, and are hereby acknowledged.
Summary: ...documentation for its various fund vehicles and management companies. “Keeping track of the articles of incorporations of these companies, their board resolutions, changes in directorship, and other corporate secretarial content can become overwhelming. WorkSite gave us the granular access rights and...
Summary: ...and features are subject to change without notice. Use of Autonomy software is under license. [AUT SP] 04.08 Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955 Fax: +1 415 243 9984 Email: info@us.autonomy.com Autonomy Systems Ltd Cambridge Business Park,...
Summary: ...to make operations more efficient and to reduce our transportation and mailing costs.” The Solution After completing a productivity survey, General Services set out to find a solution to present to the TRA Board of Directors. They created workflow charts demonstrating the redundancies in the processes...
Summary: ...of our successful medical research efforts at University California, San Francisco since 1997.” —Alaric Battle, Network Administrator, Prevention Sciences Group at UCSF www.autonomy.com Autonomy Inc, an HP Company One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955...
Summary: ...GSA Advantage! realized it had to improve its information retrieval technology or risk losing frustrated customers to other online procurement sites. “The original version of Advantage! was not particularly user-friendly,” says Al Iagnemmo, GSA Advantage’s! E-business Director. “We realized we...
Summary: ...with a specific focus on front-end document capture and back-end information/content management applications. Established in 1995, ImageSource, Inc. is a privately held company with corporate headquarters in Olympia, WA and multi-site offices in Seattle, WA, San Jose, CA and Escondido, CA.
...
Summary: ...and intuitive for non-technical users to create, manage and publish web content,” says Lindkvist. “Today, our marketing people can handle 90 percent or more of their own changes to online content.” Regular webite updates scheduled through the Autonomy OpenDeploy distribution engine are supplemented...
Summary: ...associated with video reshooting •Enabled revenue generation through licensing of video content www.autonomy.com Autonomy Inc, an HP Company One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955 Fax: +1 415 243 9984 Email: info@us.autonomy.com Autonomy Systems Ltd, an...
Summary: ...documentation for its various fund vehicles and management companies. “Keeping track of the articles of incorporations of these companies, their board resolutions, changes in directorship, and other corporate secretarial content can become overwhelming. WorkSite gave us the granular access rights and...
Summary: ...48 percent maximum realized reduction. These savings are also replicated to high availability, disaster recovery, and standby database instances where configured. − Full database backup to tape duration reduced by 13 percent on an average and up to 37 percent maximum. This results in a faster restore...
This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...Product specifications and features are subject to change without notice. Use of Autonomy software is under license. [AUT VIR PB] 06.08 Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955 Fax: +1 415 243 9984 Email: autonomy@autonomy.com Autonomy Systems...
Summary: ...and total calculations • Correspondence to an approved purchase order • Partial or total purchase order matching Intelligent Processing • Payment processing authorizations/declinations • Receipt status investigations • Tracking discounts and outstanding debts • Researching payment terms • Identifying...
Summary: ...of their respective owners. Product specifications and features are subject to change without notice. Use of Autonomy software is under license. [AUT VIR PB ] 09.08 Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955 Fax: +1 415 243 9984 Email: autonomy...
Summary: ...and the properties of their respective owners. Product specifications and features are subject to change without notice. Use of Autonomy software is under license. 20100406_RL_PB_Doc_Generator_Template_Mgr Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243...
Summary: ...called customer service, and posted a Yelp review in the same month. If the company were to process the data manually, the task would take so long that the information would lose its value and become unactionable by the time they finished processing the data. But what if highly complex analytics could...
Summary: ...It provides automatic notification as soon as new tracks and relevant products are released, or location-specific information such as traffic reports and up-to-the-minute news, without the user having to search. Product Brief Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105,...
Summary: ...owners. Product specifications and features are subject to change without notice. Use of Autonomy software is under license. [20120224_RL_SB_AUT_4LegalDept] Autonomy Inc, an HP Company One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955 Fax: +1 415 243 9984 Email:
...
Summary: ...Methodology The Professional Services Offerings are available based on the features purchased with the appliance. Professional Services become engaged with the customer through the sales team as the purchase is finalized. Our team of trained consultants begin with a project kickoff call to understand:...
Summary: ...trademarks and the properties of their respective owners. Product specifications and features are subject to change without notice. Use of Autonomy software is under license. [20100812_RL_PB_eMail_Mgmt_outlook] Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415...
Summary: ...and features are subject to change without notice. Use of Autonomy software is under license. [20120126_RL_PB_LV_TurboRestore] Autonomy Inc, an HP Company One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel: +1 415 243 9955 Fax: +1 415 243 9984 Email: info@us.autonomy.com Autonomy Systems...
This is a small selection of the Autonomy Product Briefs available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...Why Email Fails: Survey of Email Outages,” December 2004 5. Network World, 2003 6. IT-Director.com, Bob McDowall, “Users Spend More Time Searching for Information than Analyzing it,” November 2005 Headquarters: Autonomy Inc. One Market, 19th Floor, Spear Tower, San Francisco, CA 94105, USA Tel:...
Summary: ...on the enterprises and in many cases specifically on the senior management of the business who may be held personally responsible for the retention and disposition of information under certain legislation. Some examples of the new legislation illustrate why information governance is now a board level...
Summary: ...Best Practices: Optimizing Web Forms - White Paper. Perhaps just giving visitors a sense of urgency (even if the actual offer was no different) prompted more people to act. Headlines that promote key benefits for subscribing or purchasing can also sway someone who is contemplating a purchase. For instance,...
Summary: ...White Paper By: Russ Yoshinaka, Esq. Senior Director of Legal Affairs; Autonomy ZANTAZ Index Introduction 1 Part I. History of FRCP Amendments and Rule 37(f ) 1 Part II. A Suggested Framework for Determining Good Faith Under FRCP 37(f ) 4 Part III: Practical Suggestions on Establishing Good Faith 8 About...
Summary: ...Best Practices for Ensuring You and Your Data Are Prepared for the Changes to the Federal Rules of Civil Procedure (FRCP). Best Practices for Ensuring You – and Your Data – Are Prepared for the Changes to the Federal Rules of Civil Procedure (FRCP) By: Russ Yoshinaka, Esq. Senior Director of Legal...
Summary: ...the properties of their respective owners. Product specifications and features are subject to change without notice. Use of Autonomy software is under license. [AUT ] 06.08 Autonomy Inc. One Market, Spear Tower, 19th Floor, San Francisco, CA 94105, USA Tel:
...
Summary: ...The Business Process Management Guide for Government. NSO initiated the automation project in December 1999, and the selection process was held from February to May 2000. Five companies made the initial selection phase, which was then narrowed to two vendors— Top Image Systems (TiS) and Cardiff. A critical...
Summary: ...terabytes 100 terabytes to 1 petabyte 1 petabyte or more One-third of respondents had fairly small backup requirements of less than one terabyte. More than one in 10 (12 percent) needed to manage over 100 terabytes of active data. Figure 24: How much active data does your organization store? (n=58) Get...
Summary: ...In this way, Virage EPOS acts as an early warning system by alerting surveillance staff to suspicious or illegal activity at the cash register, as it happens. Rules-based keyword matches, based on given requirements, allow alerts to be triggered at the POS when transactions such as voids, refunds, discounts...
Summary: ...those not in a union, may find protections under the National Labor Relations Act (NLRA)28 for some activities conducted on social media sites. In this case, the National Labor Relations Board brought a suit against American Medical Response of Connecticut after they terminated one of their employees....
Summary: ...churn, eroded stock price, etc. There is an opportunity cost to a business beyond what it costs in IT labor to attempt to recover data. A Gallup poll estimates that two percent of laptops or desktops will lose an average of 1MB per year. An industry white paper revealed U.S. businesses placed an average...
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
Related Case Studies
Find us on Facebook
Follow us on Twitter
See us on YouTube
Find us on LinkedIn
