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Exhibit (a)(10)
NOKIA EXTENDS TENDER OFFER FOR RAMP NETWORKS
Mountain View, Calif., January 17, 2001 - Nokia Corporation (NYSE: NOK)
announced that Blackbird Acquisition, Inc., a wholly owned subsidiary of Nokia,
has extended its offer to acquire all outstanding shares of common stock of Ramp
Networks, Inc. (Nasdaq: RAMP), a leading provider of purpose built Internet
security appliances specifically designed for small office applications. The
offer, which was previously scheduled to expire at 12:00 midnight, New York City
time, on Tuesday, January 16, 2001, has been extended until 5:00 p.m., New York
City time, on Friday, January 19, 2001.
Nokia has been advised by Citibank N.A., the depositary for the offer, that as
of 12:00 midnight, New York City time, on Tuesday, January 16, 2001,
approximately 19,576,443 shares of Ramp Networks' common stock had been tendered
into the offer and not withdrawn (including through notice of guaranteed
delivery). Such shares constitute approximately 89.6% of the outstanding shares
of Ramp Networks' common stock. The proposed merger will occur following
successful completion of the offer and will be effected, under applicable law,
without a meeting of stockholders of Ramp Networks provided that Blackbird
Acquisition obtains at least 90 % of the outstanding shares of Ramp Networks'
common stock. As a consequence of the extension of the expiration date, holders
of Ramp Networks' common stock may tender or withdraw shares until 5:00 p.m.,
New York City time, on Friday, January 19, 2001, unless the offer is further
extended.
Questions or requests for additional information may be directed to Georgeson
Shareholder Communications Inc. ((212) 440-9800 or (800) 223-2064), which is
acting as Information Agent with respect to the tender offer.
Investors and security holders should read the Tender Offer Statement on
Schedule TO, as amended, filed with the Securities and Exchange Commission by
Nokia and Blackbird Acquisition and the Solicitation/Recommendation Statement on
Schedule 14D-9 filed by Ramp Networks and any subsequent amendments all
containing important information about the tender offer. The documents can be
obtained free of charge from the Securities and Exchange Commission's website
http://www.sec.gov.
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About Ramp Networks
Ramp Networks is a leading provider of Internet security and broadband access
solutions for the small office and enterprise remote office. The WebRamp family
of affordable, high-performance appliances brings enterprise-class security to
the edge of the network. These highly integrated platforms offer an expanding
array of value-added services, including virtual private networking and firewall
protection, and can be deployed through value-added resellers, Internet Service
Providers or Managed Security Providers as part of a complete security solution.
Ramp Networks is headquartered in Santa Clara, CA.
About Nokia
Nokia is the world leader in mobile communications. Backed by its experience,
innovation, user-friendliness and secure solutions, the company has become the
leading supplier of mobile phones and a leading supplier of mobile, fixed and IP
networks. By adding mobility to the Internet Nokia creates new opportunities for
companies and further enriches the daily lives of people. Nokia is a broadly
held company with listings on six major exchanges.
Further information:
Nokia Internet Communications
Laurie Armstrong, Media Relations Manager
Tel. +1 650 704 4652
Email: [email protected]
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www.nokia.com
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