Pervasive Software Will Solicit Bids from Interested Parties

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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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