RadiSys Announces Results of Offer to Purchase 2023 Convertible Senior Notes

HILLSBORO, Ore.--(BUSINESS WIRE)--RadiSys^® Corporation (NASDAQ: RSYS), a leading global provider of advanced embedded solutions, announced the results of its offer to purchase its 1-3/8% Convertible Senior Notes due 2023. The note holders' option to surrender their notes for purchase by the Company expired at 5:30 p.m. ET, on November 13, 2008. Approximately $37.5 million in aggregate principal amount of the notes were outstanding and subject to the repurchase offer. RadiSys has been advised by the paying agent, The Bank of New York Mellon Trust Company, N.A., that all of the note holders presented their notes for purchase by the Company and that, upon payment of the optional purchase price, none of the notes will remain outstanding.

About RadiSys

RadiSys (Nasdaq: RSYS) is a leading provider of advanced embedded solutions for the communications networking and commercial systems markets. Through intimate customer collaboration and combining innovative technologies and industry leading architecture, RadiSys helps OEMs, systems integrators and solution providers bring better products to market faster and more economically. RadiSys products include embedded boards, application enabling platforms and turn-key systems, which are used in today's complex computing, processing and network intensive applications. For more information, visit http://www.radisys.com, write to info@radisys.com, or call 800-950-0044 or 503-615-1100. Editors seeking more information may contact Lyn Pangares at RadiSys Corporation at 503-615-1220 or lyn.pangares@radisys.com.

RadiSys® is a registered trademark of RadiSys Corporation.