Exhibit 99.1
Rocket Software, Inc.
275 Grover Street
Newton, MA 02466
February 29, 2008
| | |
BY FAX TO (408) 257-1101 | | BY FAX TO (650) 838-435 |
| |
NetManage, Inc. 20883 Stevens Creek Blvd. Cupertino, CA 95014 Attn: Zvi Alon, President, CEO & Chairman | | Perkins Coie LLP 101 Jefferson Drive Menlo Park, CA 90425 Attn: Michael R. Glaser, Esq. |
Re: | AGREEMENT AND PLAN OF MERGER dated as of December 11, 2007, by and among Rocket Software, Inc., Eastern Software, Inc. and NetManage, Inc. |
Gentlemen:
Rocket Software, Inc. (“Rocket”) hereby notifies you in accordance with Section 5.3(g) of the above agreement that it has been unable to obtain an agreement for financing from Wells Fargo Foothill, Inc.
Accordingly, Rocket hereby reluctantly terminates the above agreement pursuant to Section 6.3(a)(iv).
Sincerely,
| | |
Rocket Software, Inc |
| |
By | | Johan Magnusson Gedda |
Johan Magnusson Gedda |