Purchaser and Parent are controlled by Avista Capital Partners. The Telular board of directors unanimously approved the proposed acquisition by Avista Capital Partners and recommends that Telular's stockholders accept the offer and tender their shares to Purchaser in the tender offer. The tender offer and withdrawal rights are scheduled to expire at 12:00 midnight ( New York City time) at the end of the day on Friday, June 7, 2013, unless the tender offer is extended or earlier terminated. Complete terms and conditions of the tender offer are set forth in an Offer to Purchase, Letter of Transmittal and other related materials that will be filed by Parent and Purchaser with the Securities and Exchange Commission ("SEC") on May 10, 2013. In addition, on May 10, 2013, Telular will file a solicitation/recommendation statement on Schedule 14D-9 with the SEC relating to the tender offer.