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January 24, 2013
Vicor Extends Offer of $20M in Common Shares
BOSTON, Mass., Jan. 24 – Vicor Corporation announced today it is extending its previously announced "Modified Dutch Auction" tender offer to repurchase shares of its Common Stock valued at up to $20 million, at a price no greater than $5.38 per share and no less than $4.30 per share, until 5:00 P.M., Eastern Standard Time, on Friday, March 1, 2013.
Except as set forth herein, the complete terms and conditions of the tender offer remain the same as set forth in the Offer to Purchase dated November 26, 2012, and the related Letter of Transmittal.
As of 11:59 P.M., Eastern Standard Time, on January 23, 2012, the former expiration date for the tender offer, 746,504 shares of Common Stock had been validly tendered.
The Information Agent for the tender offer is Georgeson Inc., and the Depositary is Computershare Trust Company, N.A.
About Vicor Corporation
Vicor designs, develops, manufactures and markets modular power components, power management and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products primarily to customers in the higher performance, higher power segments of the power systems market, including aerospace and defense electronics, enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, and vehicles and transportation markets.
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Source: Vicor
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