RADVISION SUCCESSFULLY COMPLETES PARTIAL CASH SELF
Tel Aviv, Israel, September 7, 2010 -- RADVISION Ltd. (Nasdaq & TASE: RVSN) announced today that
it has successfully completed its self tender offer to purchase 5.0% of its voting power for $7.30 per share, net to
the seller in cash, less any required withholding taxes and without interest. The tender offer, which commenced on
July 27, 2010, expired on Tuesday, September 7, 2010 at 10:00 a.m., Eastern time, or 5:00 p.m., Israel time.
RADVISION has been advised by the depositaries for the tender offer that, as of the final expiration of the
tender offer, a total of 6,545,541 RADVISION shares, or approximately 33.5% of the outstanding
RADVISION shares, had been validly tendered and not properly withdrawn pursuant to the offer. As
contemplated in the offer to purchase, RADVISION has accepted for purchase 976,906 of the RADVISION
shares tendered, which represent 5% of the RADVISION shares issued and outstanding as of immediately prior
to the completion of the tender offer. RADVISION will purchase such shares from the tendering shareholders
on a pro rata basis. RADVISION will pay for the tendered shares accepted for purchase approximately $7.13
million in the aggregate. RADVISION will have 18,561,199 shares issued and outstanding immediately following
the payment for the tendered shares accepted for purchase (excluding 3,955,024 RADVISION shares held in
treasury). The tendered shares not accepted will be returned promptly to their respective tendering shareholders.
Payment for the shares accepted will be made promptly through American Stock Transfer & Trust Company or
Clal Finance Batucha Investment Management Ltd., the depositaries for the tender offer.
After payment for the shares tendered in the offer and accepted for payment, Mr. Zohar Zisapel, the Chairman of
the Board of Directors of RADVISION and its pr