Cobham plc to Acquire Sparta, Inc.

LAKE FOREST, Calif., Jan. 16 /PRNewswire/ -- Cobham plc ("Cobham") and SPARTA, Inc. ("SPARTA") today announced a definitive agreement for Cobham to acquire SPARTA. Under the terms of the agreement, Cobham will pay $77.60 in cash for each share...


Cautionary Note Regarding Forward-looking Statements

This memo contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding potential transactions involving the company. The statements contained in this memo which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those set forth in, or implied by, such forward-looking statements. Statements about the company's future expectations, plans and prospects, including statements containing words such as "projects," "anticipates," "believes," "estimates," "expects," "plans," "intends," and similar expressions, are forward-looking statements. The risks and uncertainties involving forward-looking statements include risks relating to the integration of and expected benefits from the acquisition of the business described in the foregoing, the company's dependence on continued funding of U.S. government programs, government contract procurement and termination risks, and other risks described in the company's Securities and Exchange Commission filings. These statements reflect the company's current beliefs and are based upon information currently available to it. The company anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements in the future, it specifically disclaims any obligation to do so.

Important Additional Information will be Filed with the SEC

In connection with the proposed Merger, SPARTA will prepare a proxy statement for the stockholders of SPARTA to be filed with the Securities and Exchange Commission (the "SEC"). Before making any voting decision, the SPARTA's stockholders are urged to read the proxy statement regarding the Merger and the related transactions carefully in its entirety when it becomes available because it will contain important information about the proposed transaction. SPARTA's stockholders and other interested parties will be able to obtain, without charge, a copy of the proxy statement (when available) and other relevant documents filed with the SEC from the SEC's website at http://www.sec.gov. SPARTA's stockholders and other interested parties will also be able to obtain, without charge, a copy of the proxy statement and other relevant documents (when available) by directing a request by mail or telephone to SPARTA, Inc., 25531 Commercentre Drive, Suite 120, Lake Forest, CA 92630, telephone: (949) 768-8161.

SOURCE SPARTA, Inc.