Pervasive Software® Inc. PVSW, a global leader in cloud-based and
on-premises data innovation, today announced that its Board of Directors has
met to consider the advice of its independent financial advisor, Shea &
Company, LLC, with respect to the evaluation of an unsolicited, non-binding
proposal the company received from Actian Corporation on August 13, 2012. The
Board of Directors has instructed Shea & Company to solicit potential bids
from interested parties and engage with those parties, including Actian
Corporation, regarding their interest in acquiring Pervasive Software.
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