DataMirror Corporation

DataMirror Corporation

August 24, 2007 15:49 ET

DataMirror Corporation Announces Results of Shareholder Vote on Acquisition by IBM Corporation

TORONTO, ON and SANTA CLARA, CALIF.--(Marketwire - Aug. 24, 2007) - DataMirror Corporation ("DataMirror") (TSX:DMC) announced today that, at its Special Meeting of Shareholders held today (the "Meeting"), shareholders approved an arrangement involving the acquisition by a subsidiary of IBM Corporation ("IBM") of all of DataMirror's outstanding common shares for cash consideration of $27 per share (the "Arrangement"). 4,706,816 DataMirror common shares (approximately 74.7% of the outstanding common shares) were represented at the Meeting, in person or by proxy, and the Arrangement was approved by 99.7% of the votes cast at the Meeting.

DataMirror, IBM and their advisors expect that the balance of the conditions to the closing of the Arrangement will be satisfied over the next week including final Court approval of the Arrangement scheduled for August 27, 2007. Depending on various factors, the closing of the Arrangement is anticipated to occur within approximately one week of Court approval.

About DataMirror

DataMirror, a leading provider of real-time data integration, protection and event detection solutions, improves the integrity and reliability of information across all of the systems that create and store data. DataMirror's flexible and affordable integration solutions allow customers to easily and continuously detect, translate, and communicate all information changes throughout the enterprise. DataMirror helps customers make better decisions by providing access to the continuous, accurate information they need to take timely action and move forward faster.

More than 2,200 companies have gained tangible competitive advantage from DataMirror software. DataMirror is headquartered in Markham, Canada, and has offices around the globe. For more information about DataMirror, visit

Note to Readers: This news release contains certain statements that constitute forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). Forward-looking statements also include, without limitation, statements regarding expectations, beliefs, intentions, circumstances or strategies regarding the future and all statements regarding possible events, conditions or results of operations that are based on assumptions about future economic conditions and courses of action. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including but not limited to DataMirror's ability to close the Arrangement transaction in the time period anticipated, if at all, which is dependent upon the parties' ability to receive the requisite regulatory approvals and to comply with the closing conditions to the transaction, some of which are beyond the control of DataMirror and IBM. These forward-looking statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such forward-looking statements. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions.

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