2007
| July 10, 2007
Voltaire Files Registration Statement with the SEC for Proposed Initial Public Offering Herzeliya, ISRAEL and Billerica, MA - July 10, 2007 - Voltaire Ltd. announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of 7,693,000 of its ordinary shares.
Voltaire is offering 5,770,000 shares and the selling shareholders are offering 1,923,000 ordinary shares. In addition, Voltaire and the selling shareholders have granted the underwriters a 30-day option to purchase an additional 865,462 ordinary shares from Voltaire and 288,488 ordinary shares from the selling shareholders, respectively, solely to cover overallotments. J.P. Morgan Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as joint book-running managers for the offering and Thomas Weisel Partners LLC and RBC Capital Markets are acting as co-managers.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy ordinary shares of Voltaire, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Copies of the preliminary prospectus relating to the offering may be obtained, when available, from JPMorgan, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, Attention: Chase Distribution & Support Service Northeast Statement Processing or from Merrill Lynch, 4 World Financial Center, New York, NY 10080, attention: Prospectus Department (4th Floor).
About Voltaire
Voltaire designs and develops server and storage switching and software solutions that enable high-performance grid computing within the data center. Voltaire refers to its server and storage switching and software solutions as the Voltaire Grid BackboneTM. Voltaire’s products leverage InfiniBand technology and include director-class switches, multi-service switches, fixed-port configuration switches, Ethernet and Fibre Channel routers and standards-based driver and management software. Voltaire has sold its solutions to a wide range of end customers including governmental, research and educational organizations, as well as enterprises in the manufacturing, oil and gas, entertainment, life sciences and financial services industries.
Founded in 1997, Voltaire Ltd. is headquartered in Herzeliya, Israel, and has its U.S. headquarters in Billerica, Massachusetts.