BOULDER, Colo., May 29, 2015 /PRNewswire/ -- Rally (NYSE:
RALY), a leading global provider of software and services to drive
agility, today announced that it intends to issue a press release
reporting financial results for the first quarter of fiscal 2016,
as planned, immediately following the close of market on
Thursday, June 4, 2015. However,
following the announcement on May 27,
2015 of CA Technologies' proposed acquisition of Rally,
Rally has elected not to conduct a conference call to discuss the
quarterly financial results. The call was previously scheduled
for June 4, 2015 at 5:00 p.m. Eastern Time. Rally has also
elected not to host its Analyst Day, which was previously scheduled
for June 16, 2015 at 3:00 p.m. Eastern Time.
About Rally
Rally delivers software and services that drive agility.
Organizations worldwide use Rally's solutions to navigate evolving
market demands, improve performance, and accelerate the pace of
innovation to deliver value faster. Rally's enterprise-class
cloud-based platform transforms the way organizations manage the
software development lifecycle by aligning software development
with strategic business objectives, facilitating collaboration, and
increasing transparency. By applying Agile and Lean approaches,
Rally's consulting and training services help companies innovate,
lead, adapt, and deliver.
Notice to Investors
A wholly-owned subsidiary of CA Technologies has agreed to
commence a cash tender offer to acquire all of the shares of
Rally's common stock (the "Offer"). The Offer has not
commenced. This communication is for informational purposes
only and is not an offer to buy or the solicitation of an offer to
sell any securities. The solicitation and the Offer will only be
made pursuant to a tender offer statement on Schedule TO, including
an offer to purchase and other related materials that CA
Technologies intends to file with the SEC. In addition, Rally will
file with the SEC a Solicitation/Recommendation Statement on
Schedule 14D-9 with respect to the Offer. Once filed, Rally's
stockholders will be able to obtain the tender statement on
Schedule TO, the offer to purchase, the Solicitation/Recommendation
Statement on Schedule 14D-9 and related materials with respect to
the Offer, free of charge, at the website of the SEC at
www.sec.gov.
RALLY'S STOCKHOLDERS ARE ADVISED TO READ THESE DOCUMENTS, ANY
AMENDMENTS TO THESE DOCUMENTS AND ANY OTHER DOCUMENTS RELATING TO
THE OFFER THAT ARE FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY PRIOR TO MAKING ANY DECISIONS WITH RESPECT TO THE OFFER
BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE TERMS AND
CONDITIONS OF THE OFFER.
© 2015 Rally Software Development Corp. All rights reserved.
Rally, Rally Software, and the Rally logo are trademarks or
registered trademarks of Rally Software Development Corp. in
the United States and other
countries. All other trademarks are properties of their respective
owners.
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SOURCE Rally