Network Associates Extends Offer for CyberMedia,
Inc
SANTA CLARA, Calif., Aug. 28 /PRNewswire/ -- Network
Associates (Nasdaq: NETA) today announced that they have extended
the expiration date for the previously announced $9.50 per share
cash tender offer by a Network Associates' subsidiary for all
outstanding shares of CyberMedia, Inc. (Nasdaq: CYBR), until 11:00
p.m., Eastern Daylight Time, on September 4, 1998.
This extension is the result of the previously announced
resubmission by Network Associates and CyberMedia of their Notification
and Report Forms filed under the Hart-Scott-Rodino Antitrust Improvement
Act of 1976 and the resulting extension of the waiting period
under the HSR Act. At the close of business on August 28, 1998,
approximately 11,030,576 shares of common stock of CyberMedia,
Inc., had been tendered in the tender offer. This constitutes
approximately 82 percent of the CyberMedia shares outstanding
as of the commencement of the tender offer.
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: Investor:
Michelle Wieber
408-346-3152
or
Press: Jennifer Keavney
408-346-3278
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