Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Zareba Systems, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Zareba Systems, Inc. (“Zareba”) (Nasdaq:ZRBA) related to the Company’s agreement to merge with a subsidiary of Woodstream Corporation (“Woodstream”), which is majority owned by private equity firms Brockway Moran & Partners, Inc. and Code Hennessy & Simmons LLC. The cash transaction is valued at approximately $23 million.

Under the terms of the definitive agreement entered into by the parties, Zareba shareholders would receive $9.00 in cash for each outstanding share of Zareba common stock, a newly-formed subsidiary of Woodstream will merge with and into Zareba, and Zareba will become a wholly-owned subsidiary of Woodstream. The merger is expected to be completed in the first half of 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the merger agreement by the Zareba board of directors.

If you own shares of Zareba, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Zareba Systems (MM) (NASDAQ:ZRBA)
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