St. Louis, Missouri - June 18, 2012 - Belden Inc. (NYSE:
BDC), a global leader in signal transmission solutions for
mission-critical applications, today announced that through
its wholly-owned subsidiary, it has commenced its offer to
acquire all of the outstanding common shares of Miranda
Technologies Inc. for C$17.00 per share in cash (the
"Offer") and mailed the Offer and take-over bid
circular to Miranda shareholders. The directors'
circular of the board of directors of Miranda has been
concurrently mailed with the Offer and take-over bid
After receiving the recommendation of its special
committee, and in consultation with its financial and legal
advisors, the board of directors of Miranda unanimously
determined that the Offer is fair to Miranda shareholders
and in the best interests of Miranda. Accordingly, the
Miranda board of directors is recommending to Miranda
shareholders that they accept, and tender their common
shares to, the Offer.
The Offer will be open for acceptance until 8:00 p.m.
(Eastern time) on July 24, 2012, unless extended, and is
conditional upon, among other things, customary regulatory
approvals and there having been validly deposited (and not
withdrawn) at least 66⅔% of the outstanding Miranda common
shares (on a fully-diluted basis).
The full details of the Offer are contained in the
take-over bid circular of Belden CDT (Canada) Inc. and
directors' circular of the Miranda board of directors.
Copies of the take-over bid circular and the directors'
circular are available online at www.sedar.com. Miranda
shareholders are encouraged to read both documents
carefully and in their entirety.
Computershare Investor Services Inc. is the depositary for
the Offer. Shareholders can obtain copies of the take-over
bid circular and related materials at no charge from the
depositary toll-free at 1-800-564-6253 or by email at firstname.lastname@example.org.
The information agent for the Offer is Georgeson
Shareholder Communications Canada Inc. Inquiries should be
directed to the information agent toll-free at
1-866-598-9684 or by email at email@example.com.
Additional copies of these documents may also be obtained
on request from the information agent.
St. Louis-based Belden Inc. designs, manufactures, and
markets cable, connectivity, and networking products in
markets including industrial automation, enterprise,
transportation, infrastructure, and consumer electronics.
It has approximately 6,800 employees, and provides value
for industrial automation, enterprise, education,
healthcare, entertainment and broadcast, sound and
security, transportation, infrastructure, consumer
electronics and other industries. Belden has manufacturing
capabilities in North America, South America, Europe, and
Asia, and a market presence in nearly every region of the
world. Belden was founded in 1902, and today is a leader
with some of the strongest brands in the signal