NCR Completes Tender Offer for Outstanding Shares of Radiant Systems

NCR Corporation NCR today announced the successful completion of the cash tender offer through its wholly owned subsidiary, Ranger Acquisition Corporation, for all of the outstanding shares of common stock of Radiant Systems, Inc. RADS for $28.00 per share, net to the seller in cash, without interest and less applicable withholding taxes. The tender offer and withdrawal rights expired at midnight, New York City time, on August 19, 2011. NCR has been advised by BNY Mellon Shareowner Services, the depositary for the tender offer, that a total of approximately 35,859,237 shares of Radiant common stock (including approximately 2,115,733 shares subject to guarantees of delivery) were validly tendered and not validly withdrawn as of the expiration time, representing approximately 87 percent of all outstanding shares of common stock of Radiant. All shares that were validly tendered and not validly withdrawn have been accepted for payment. Purchaser will promptly pay for such shares, at the offer price of $28.00 per share, net to the seller in cash, without interest and less applicable withholding taxes.