RAE Systems Stockholders Approve Merger Agreement With Vector Capital

RAE Systems Inc. RAE announced the results of the Company's Special Meeting of Stockholders held today. The RAE stockholders voted to approve the merger agreement entered into on January 18, 2011, as amended, with an affiliate of Vector Capital and the merger of a subsidiary of this affiliate with RAE. The merger received the approval of holders of over 75% of the Company's outstanding shares, including a majority of the shares owned by the Company's unaffiliated stockholders, and over 95% of the shares voting at the Special Meeting. The merger is expected to close on or about June 16, 2011 subject to satisfaction of customary closing conditions.