RADVISION LTD. ANNOUNCES SHAREHOLDER APPROVAL OF
PARTIAL CASH SELF TENDER OFFER
Tel Aviv, Israel, August 31, 2010 -- RADVISION Ltd. (Nasdaq & TASE: RVSN) announced today that at
an Extraordinary General Meeting of Shareholders held on Tuesday, August 31, 2010, its shareholders approved
a self tender offer to purchase 5.0% of its voting power (currently, 976,906 RADVISION shares) for $7.30 per
share, net to the seller in cash, less any required withholding taxes and without interest. In accordance with Israeli
law, the offer was approved by a special majority, which required the affirmative vote of the holders of a majority
of the RADVISION shares present, in person or by proxy, and voting on the matter, and such majority included
at least one-third of the votes of disinterested shareholders voting on the matter (not including abstentions).
The initial period of the tender offer and withdrawal rights are scheduled to expire at 10:00 a.m., Eastern Time, or
5:00 p.m., Israel time, on Thursday September 2, 2010, unless the initial period is extended by RADVISION.
As required by Israeli law, if the conditions to the offer have been satisfied (or waived, to the extent permitted by
applicable law) as of the completion of the initial offer period, RADVISION will provide an additional period of
five calendar days during which shareholders may tender their shares. However, shareholders will have no
withdrawal rights during such additional five calendar day period.
The complete terms and conditions of the tender offer, including important U.S. and Israeli income and
withholding tax considerations relating to the tender offer, are contained in the Offer to Purchase, as amended,
included as an exhibit to the Tender Offer Statement on Schedule TO, as amended, filed with the U.S. Securities
and Exchange Commission (SEC) and with the Israeli Securities Authority (ISA). American Stock Transfer &
Trust Company is the U.S. Depositary for the offer and Clal Finance