[March 02, 2015]

MAVENIR ALERT: Johnson & Weaver, LLP Investigates the Fairness of Price and Process in Proposed Sale of Mavenir Systems, Inc. to Mitel Networks Corporation

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of Mavenir Systems (News - Alert), Inc. (NYSE: MVNR) breached their fiduciary duties in connection with the planned merger of the Company with Mitel Networks Corporation. Mavenir provides software-based telecommunications networking solutions.

On March 2, 2015, Mavenir and Mitel (News - Alert) announced that they had entered into a definitive merger agreement. Under the terms of the merger agreement, Mitel will commence an exchange offer pursuant to which Mavenir stockholders will be entitled to elect to receive either all-cash or all-stock consideration for each share of Mavenir common stock, subject to proration, in either case with a value of $11.08 plus 0.675 of a Mitel common share, or $17.94 based on the closing price of a Mitel common share on February 27, 2015.

The investigation concerns whether the Mavenir board failed to satisfy their duties to the Company sharehoders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for the Company's shares of common stock. Nationally recognized Johnson & Weaver, which focuses its practice on shareholder rights, is investigating whether the proposed deal price represents adequate consideration, especially given Mavenir's recent success and promise of future growth. Moreover, one Wall Street analyst has a $24.00 price target on Mavenir stock which is more than the $17.94 offer price. Last year Mavenir stock traded over $18.00 per share.

If you are a shareholder of Mavenir and believe that the proposed buyout price is too low and you are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

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