Metrologic Announces Extension of Expiration Date in Connection with its Offer to Purchase Outstanding Eligible Options from Eli
December 18 2006 - 5:00PM
PR Newswire (US)
BLACKWOOD, N.J., Dec. 18 /PRNewswire-FirstCall/ -- Metrologic
Instruments, Inc. (NASDAQ:MTLG) today announced that it will extend
until December 21, 2006 the expiration date of its offer to
purchase from eligible employees all of their outstanding eligible
options to purchase shares of Metrologic common stock granted under
Metrologic's 1994 Equity Incentive Plan. The tender offer will now
expire at 5:00 p.m. Eastern Time on December 21, 2006, unless
extended. Tenders of options must be made prior to the expiration
of the tender offer and may be withdrawn at any time prior to that
time. As of 12:00 noon on December 18, 2006, options exercisable
for 318,133 shares, representing 100% of the total eligible
options, had been tendered. Additional Information and Where to
Find It In connection with the tender offer, Metrologic filed an
offer to purchase with the Securities and Exchange Commission on
November 21, 2006. In connection with the proposed merger,
Metrologic filed a definitive proxy statement with the Securities
and Exchange Commission on November 29, 2006. INVESTORS AND
SECURITY HOLDERS ARE STRONGLY ADVISED TO READ BOTH THE OFFER TO
PURCHASE AND THE PROXY STATEMENT, AS AMENDED OR SUPPLEMENTED,
BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors and security
holders may obtain a free copy of the offer to purchase, the proxy
statement and other documents filed by Metrologic at the Securities
and Exchange Commission's website at http://www.sec.gov/. The offer
to purchase, proxy statement and other documents may also be
obtained for free by directing such request to Metrologic, Investor
Relations Department at . DATASOURCE: Metrologic Instruments, Inc.
CONTACT: Dale Fischer, Vice President, Metrologic Instruments,
Inc., +1-856-228-8100, X5505, Email: Web site:
http://www.metrologic.com/
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