UNITED STATES |
|||
SECURITIES AND EXCHANGE COMMISSION |
|||
Washington, D.C. 20549 |
|||
|
|||
SCHEDULE 14A |
|||
|
|||
Proxy
Statement Pursuant to Section 14(a) of |
|||
|
|||
Filed by the Registrant x |
|||
|
|||
Filed by a Party other than the Registrant o |
|||
|
|||
Check the appropriate box: |
|||
o |
Preliminary Proxy Statement |
||
o |
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
||
o |
Definitive Proxy Statement |
||
x |
Definitive Additional Materials |
||
o |
Soliciting Material Pursuant to §240.14a-12 |
||
|
|||
Forgent Networks, Inc. |
|||
(Name of Registrant as Specified In Its Charter) |
|||
|
|||
|
|||
(Name of Person(s) Filing Proxy Statement, if other than the Registrant) |
|||
|
|||
Payment of Filing Fee (Check the appropriate box): |
|||
x |
No fee required. |
||
o |
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
||
|
(1) |
Title of each class of securities to which transaction applies: |
|
|
|
|
|
|
(2) |
Aggregate number of securities to which transaction applies: |
|
|
|
|
|
|
(3) |
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
|
|
|
|
|
|
(4) |
Proposed maximum aggregate value of transaction: |
|
|
|
|
|
|
(5) |
Total fee paid: |
|
|
|
|
|
o |
Fee paid previously with preliminary materials. |
||
o |
Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
||
|
(1) |
Amount Previously Paid: |
|
|
|
|
|
|
(2) |
Form, Schedule or Registration Statement No.: |
|
|
|
|
|
|
(3) |
Filing Party: |
|
|
|
|
|
|
(4) |
Date Filed: |
|
|
|
|
|
ATTENTION Asure Stockholder
VOTE THE WHITE PROXY CARD TODAY
Open now: Important information about your investment
Dear Fellow Stockholder:
As Asures Annual Meeting of Stockholders approaches on August 28, 2009, you have the opportunity to support the Asure team that has delivered for stockholders.
Working together, Asures current Board of Directors and Management team have ensured Asures continued success and implemented Asures clear strategy, which focuses on achieving growth in revenue and profitability while improving efficiency of resources.
VOTE today using the WHITE card FOR Asures continued success
or call to cast your VOTE today at 800-248-7558.
Youve recently received a Stockholders Information Packet containing important documents regarding the upcoming Annual Meeting of Stockholders. Within the packet is a WHITE proxy card as well as instructions and more information regarding the vote. Because Asures continued success and growth are important to your investment, we urge you to VOTE by signing and mailing the WHITE proxy card today. Please remember that only your latest dated proxy card counts.
The current Board of Directors has completely transformed Asure in the
past six years
- - and its growth strategy is working.
Your current Board of Directors and Management team have been completely transparent about their ambitious, long-term growth plan for the Company. More importantly, it is clear to us that
1
this strategy is working. Since 2007, Asures board has worked to increase revenue by more than 150%, improve margins, and operate more efficiently by reducing our workforce by 51%. We strongly urge you to show your support for the Board by promptly returning the WHITE proxy card sent to you by the Company and voting FOR each of the Boards director nominees Richard J. Agnich, Nancy L. Harris, Lou Mazzucchelli, Ray R. Miles, Richard N. Snyder and James H. Wells and in favor of the other proposals listed on the card.
On behalf of Asures Board of Directors, thank you for your continued support and interest in Asure Software.
Sincerely,
Nancy L. Harris
President, Chief Executive Officer and Director
The facts speak for themselves.
In the past six years, the current Board of Directors and Management team have successfully integrated two acquisitions NetSimplicity and iEmployee that serve high-growth, high-margin markets. During this transformation, we have also reduced the Companys expenses by 93% and, despite the recent harsh macroeconomic environment, we have reported solid financial and operational results in recent quarters.
Revenue has grown from $3M to $7.6M in 2009*.
Margins have improved from 76% to 80% in 2009*.
Our workforce has decreased from 190 in 2007 to 97 today.
*For the 9 months ending 4/30/07 and 4/30/09 respectively
2
Our vision is unchanged: Asures current leadership has put the company on track to be the leading provider of on-demand workforce management software solutions to the small and mid-sized business market.
The choice is clear: VOTE with the WHITE proxy card today FOR Asures current leadership and ensure the Companys long-term, continued success.
Important Information:
Asure, its directors, and certain of its officers and other employees are participants in the solicitation of proxies from Asures stockholders in connection with Asures 2009 Annual Meeting on August 28, 2009.
VOTE today FOR Asures continued success
Use the WHITE proxy card
or call at 800-248-7558.
Important Information
Forgent Networks, Inc. filed a definitive Proxy Statement with the Securities and Exchange Commission on July 17, 2009, in connection with Companys Annual Meeting of Stockholders to be held on August 28, 2009. Stockholders are strongly advised to read the Proxy Statement carefully, as it contains important information. The Company and certain other persons are deemed participants in the solicitation of proxies from stockholders in connection with the Annual Meeting of Stockholders. Information concerning such participants is available in the Companys Proxy Statement. Stockholders may obtain, free of charge, copies of the Companys Proxy Statement and any other documents the Company files with or furnishes to the Securities and Exchange Commission in connection with the Annual Meeting of Stockholders through the Securities and Exchange Commissions website at www.sec.gov and through the Companys website at www.asuresoftware.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements in this press release regarding Asures business which are not historical facts are forward-looking statements that involve risks and uncertainties. Such risks and uncertainties, which include those associated with continued listing of the Companys securities on the NASDAQ Capital Market, could cause actual results to differ from those contained in the forward-looking statements.
3