/NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
MONTREAL, March 15 /CNW Telbec/ - NetMotion Wireless Inc. (the "Company") announced today that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces of Canada in connection with a proposed initial public offering of its ordinary shares. A copy of this preliminary prospectus is available on SEDAR at www.sedar.com.
The offering is being made through a syndicate of underwriters led by National Bank Financial Inc., and including CIBC World Markets Inc., Mackie Research Capital Corporation, Canaccord Financial Ltd., Genuity Capital Markets and GMP Securities L.P.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer or solicitation of sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or under the securities laws of any U.S. jurisdiction and will not be offered or sold in the United States except to a limited number of "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act) and institutional "accredited investors" (as defined in Regulation D under the U.S. Securities Act) pursuant to an exemption from the registration requirements of the U.S. Securities Act.
About NetMotion Wireless
NetMotion Wireless develops software to enable businesses and agencies to maintain and optimize connections to applications as their mobile workers move in and out of wireless coverage areas and across various networks. The award-winning mobile VPN, Mobility XE, from NetMotion Wireless, enhances mobile worker productivity at more than 1,600 of the world's most respected organizations across multiple industries including state and local government agencies, telecommunications and cable companies, insurance companies, public utilities, healthcare providers and field services and sales.
SOURCE NETMOTION WIRELESS
For further information: For further information: Brian J. Rice, Senior Vice President and Chief Financial Officer, (206) 691-5550, email@example.com