Network Associates Resubmits HSR Filing for CyberMedia, Inc
SANTA CLARA, CA– August 26, 1998 – Network
Associates (Nasdaq: NETA), and CyberMedia, Inc. (Nasdaq: CYBR)
announced that based on discussions with the Antitrust Division
of the Department of Justice, they have today voluntarily withdrawn
and then resubmitted their Notification and Report Forms filed
under the Hart-Scott-Rodino Antitrust Improvements Act of 1976
concerning the previously announced $9.50 per share cash tender
offer by a Network Associates' subsidiary for all outstanding
shares of CyberMedia, Inc. The withdrawals and resubmissions effectively
extends the initial 15 day waiting period under the HSR Act to
September 9, allowing additional time for the Antitrust Division
to request and evaluate information concerning the proposed transaction.
With headquarters in Santa Clara, California, Network
Associates, Inc. is a leading supplier of enterprise network security
and management software. Network Associates' NetTools Secure and
NetTools Manager offer best-of-breed, suite-based network security
and management solutions.
NetTools Secure and NetTools Manager suites combine
to create Net Tools which centralizes these point solutions within
an easy-to-use, integrated systems management environment. For
more information, Network Associates can be reached at 408- 988-3832
or on the Internet at http://www.nai.com.
CONTACT: Investors, Michelle Wieber, 408-346-3152,
or press, Jennifer Keavney, 408-346-3278, both of Network Associates.