Avista Capital Partners Extends Tender Offer to Acquire Telular for $12.61/Share

Avista Capital Partners today announced that ACP Tower Merger Sub, Inc. ("Purchaser") has extended the expiration of the previously announced tender offer to acquire all of the outstanding shares of common stock of Telular Corporation

("Telular") for $12.61 per share, net to the seller in cash without interest and less any applicable withholding taxes thereon, until 12:00 midnight (New York City time) at the end of the day on Friday, June 14, 2013, unless further extended or earlier terminated. The tender offer was previously scheduled to expire at 12:00 midnight (New York City time) at the end of the day on Friday, June 7, 2013.  All other terms and conditions of the tender offer remain unchanged, including, without limitation, the tender of at least two-thirds of the outstanding shares of common stock of Telular and the approval of the Federal Communications Commission. Continental Stock Transfer & Trust Company, the depository for the tender offer, has advised that, as of the close of business on Tuesday, June 4, 2013, approximately 575,596 shares of common stock of Telular were validly tendered and not validly withdrawn from the tender offer. As previously disclosed, early termination of