TORONTO, April 27 /CNW/ - Workbrain Corporation ("Workbrain") (TSX:WB)
announced today that on April 27, 2007 it mailed a Management Information
Circular to its shareholders relating to the annual and special meeting of
Workbrain shareholders scheduled for May 23, 2007 (the "Meeting"). As
previously announced, the Meeting will be convened in connection with the
proposed acquisition of Workbrain's issued and outstanding common shares by
Infor Global Solutions European Finance, S.a.R.L. ("Infor") pursuant to a
statutory plan of arrangement (the "Arrangement"). Workbrain also announced
that on April 19, 2007, it obtained an interim order from the Ontario Superior
Court of Justice (Commercial List) concerning the Arrangement. Further,
Workbrain announced that on April 20, 2007 Infor received Hart-Scott-Rodino
Antitrust Improvements Act clearance in the United States, and that on
April 23, 2007 Infor received an Advanced Ruling Certificate pursuant to the
Competition Act (Canada), both in respect of the proposed Arrangement. The
Management Information Circular is available at www.sedar.com.
About Workbrain
Workbrain provides the most widely deployed web-based workforce
management solution for large enterprises. The company is the only provider of
Total Workforce Management that helps organizations plan, deploy, and manage
their workforce to reduce costs, increase sales, and boost employee
satisfaction. Clients such as British Airways, General Mills, Target
Corporation, and Lifespan choose Workbrain's industry-focused workforce
management solutions to integrate workforce planning, labor forecasting,
workforce scheduling, time and attendance, absence management and workforce
analytics on a single platform. For more information, please visit
www.workbrain.com.
For further information: Pat Ladisa, Corporate Communications, (416)
421-6700 extension 2579, pladisa@workbrain.com
