Filed by ADC Telecommunications, Inc.
Pursuant to Rule 425 under the Securities Act of 1933
And Deemed Filed Pursuant to Rule 14a-12
Under the Securities Exchange Act of 1934
Subject Company: Andrew Corporation
Commission File No. 333-135424
The following material was used by senior leaders of ADC Telecommunications, Inc. to update
employees about the merger of ADC and Andrew Corporation.
As an ADC leader, we are providing you with updates your employees MUST know to make this
combination a success. For background information on the ADC Andrew combination, click HERE.
YOUR RESPONSIBILITY
Share this IMPORTANT information with your employees. This Fast Facts sheet will assist you in
doing so.
UPDATES
Integration teams are working toward an effective combination for Day One (defined as the day the
deal between ADC and Andrew closes). Teams are driving clarity between ADC and Andrew to drive
aggressive deadlines, creating speed to value. To date, a total of 96 sub-teams are mobilized to
achieve the combinations value. The proposed deal close is anticipated for the September to
October timeframe, pending shareowner approval.
We will be translating the employee bulletins and Fast Facts sheets into Chinese, German and
Spanish. To access translated materials, visit the ADC Andrew Integration Community available
through the front page of Broadway and click on the appropriate document. Note there is a three- to
five-day delay in posting translated documents.
STATUS REPORT
(Reports on events or decisions that have been made since the last Fast Facts sheet.)
A shareowner website (www.adcandrewmerger.com) has been developed and provides combination-related
information needed for our shareowners to make an informed decision.
A website that integration team members from both ADC and Andrew can access has also been
developed. This site supports the teams in efficiently maintaining their documentation and
streamlining communication with others directly involved in the integration planning process.
Core Integration Team charters have been defined and approved. Charters ensure each team
understands its objectives and that all charters will comprehensively and efficiently enable us to
plan for a successful integration.
Core teams are also identifying all critical Day One imperatives.
ADC and Andrew Senior Executive Team Review Session takes place. Discussion topics included a
status update on planning and progress. The executive team reviewed and refined recommendations
pertaining to Day One imperatives. The executive team also reconfirmed its commitment to
providing all employees with reporting structures on Day One.
QUESTIONS
ADC is committed to answering questions employees have regarding the combination of ADC and Andrew.
Encourage your team members to raise questions through the various avenues available to them,
including the ADC Andrew Integration website available on Broadway or through a core team member.
If you receive questions from your team and would like assistance in providing an answer, please
utilize these avenues as well.
Question: When will the ADC shareowners vote on the Andrew deal?
Answer: ADC shareowners will vote at a shareowner meeting on a yet to be determined date. Once a
date is determined and approved, we will communicate it to you via the ADC Andrew Integration
Bulletin.
Question: How do we plan to integrate the two companies SAP systems?
Answer: A critical decision like this requires careful study, which is what the I.T. Applications
team, one of our many integration teams, is currently working on. The recommendation will consider
current system functionality and future system capabilities that are needed to support the vision
of our combined company.
Currently, team members are considering numerous integration options, some of which may include:
(1) creating a new version of the system and migrating data from both companies into it; (2)
migrating Andrews data into ADCs system; or (3) migrating ADCs data into Andrews system.
In the end, the team is working vigorously to ensure that on Day One, ADC Andrew can operate with
no disruption in its networks, telecommunications, and business and engineering applications.
Compared against previous business dealings, ADCs and Andrews SAP systems are fairly similar.
Both of us use the same SAP release level, 4.6c, and each system is fairly sophisticated, easing
system integration post-close.
WHAT CAN YOU DO TO HELP YOUR TEAM THROUGH THIS TIME OF CHANGE?
The old adage.....
People dont care how much you know,
until they know how much you care.
..... certainly comes into play when organizations adjust the status quo. The fact is employee
trust levels typically drop during change. People become more self-protective. Translation: you
have to be invested in your people if you want them to be invested in ADC. Commitment is a two-way
street.
Find a way to be fiercely committed in helping your people succeed in their changing roles and
responsibilities. Commit to being candid, honest and positive in your communications with them
during this time. Make it clear that they can count on you to do whatever is possible on their
behalf. Leave no doubt about your dedication to the change effort, the team and its people.
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Here are some additional ways to let people know you care:
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Clearly explain the importance and rationale for the change state the business case;
let people know why you personally support the change. |
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Identify who else in the organization is behind the initiative and why; invite these individuals to speak with your team. |
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Let employees know how the change will impact them answer the Whats in it for me? question. |
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Encourage people to openly express how they feel about the change; make it safe to experience a wide variety of emotions. |
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Highlight the roles, processes or systems that will not be affected by the change; it is
often helpful for people to know what will remain as is. |
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Create opportunities for people to learn together to grow team skills, abilities and
confidence. |
REMINDER
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Employees should remain extremely vigilant in the support we provide to our customers during
this time between announcement and close of the proposed merger. |
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Dont get distracted. Teamwork will be essential. |
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STAY FOCUSED on the business so we can successfully execute on our Q3 & Q4 goals and meet the
needs and demands of our customers. |
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We MUST remain an Andrew competitor until deal close, meaning business as usual. |
Cautionary Statement under the Private Securities Litigation Reform Act of 1995
This presentation contains statements regarding the proposed transaction between ADC and Andrew,
the expected timetable for completing the transaction, future financial and operating results,
benefits and synergies of the proposed transaction and other statements about the future
expectations, beliefs, goals, plans or prospects of the management of each of ADC and Andrew.
These statements are based on current expectations, estimates, forecasts and projections and
management assumptions about the future
performance of each of ADC and Andrew and the combined company, as well as the businesses and
markets in which they do and are expected to operate. These statements constitute forward-looking
statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words
such as expects, believes, estimates, anticipates, targets, goals, projects,
intends, plans, seeks, and variations of such words and similar expressions are intended to
identify such forward-looking statements which are not statements of historical fact. These
forward-looking statements are not guarantees of future performance and involve certain risks,
uncertainties and assumptions that are difficult to assess. Actual outcomes and results may differ
materially from what is expressed or forecasted in such forward-looking statements. Factors that
may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking
statements, include, among other things: the ability to consummate the proposed transaction;
difficulties and delays in obtaining regulatory approvals for the proposed transaction;
difficulties and delays in achieving synergies and cost savings; potential difficulties in meeting
conditions set forth in the definitive merger agreement; fluctuations in the telecommunications
market; the pricing, cost and other risks inherent in long-term sales agreements; exposure to the
credit risk of customers; reliance on contract manufacturers and other vendors to provide goods and
services needed to operate the businesses of ADC and Andrew; fluctuations in commodity prices; the
social, political and economic risks of the respective global operations of ADC and Andrew; the
costs and risks associated with pension and postretirement benefit obligations; the complexity of
products sold; changes to existing regulations or technical standards; existing and future
litigation; difficulties and costs in protecting intellectual property rights and exposure to
infringement claims by others; and compliance with environmental, health and safety laws. For a
more complete list and description of such risks and uncertainties, refer to ADCs Registration
Statement on Form S-4 filed with the United States Securities and Exchange Commission (the SEC) on
June 29, 2006 and Annual Report on Form 10-K for the year ended October 31, 2005 and Andrews
Annual Report on Form 10-K for the year ended September 30, 2005 as well as other filings made by
ADC and Andrew with the SEC. Except as required under the US federal securities laws and the rules
and regulations of the SEC, ADC and Andrew disclaim any intention or obligation to update any
forward-looking statements after the distribution of this document, whether as a result of new
information, future events, developments, changes in assumptions or otherwise.
Additional Information and Where to Find It
ADC HAS FILED A REGISTRATION STATEMENT ON FORM S-4 (REGISTRATION NO. 333-135424) IN CONNECTION WITH
ITS PROPOSED BUSINESS COMBINATION WITH ANDREW CORPORATION. SHAREHOLDERS OF ADC AND ANDREW ARE
ENCOURAGED TO READ THE REGISTRATION STATEMENT, THE JOINT PROXY STATEMENT/PROSPECTUS THAT FORMS A
PART OF THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS (WHEN IT
BECOMES AVAILABLE), BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. SHAREHOLDERS OF ADC
AND ANDREW ARE ALSO ENCOURAGED TO READ ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BECAUSE THEY
WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER. The final joint proxy statement/prospectus
will be mailed to shareholders of ADC and stockholders of Andrew. Investors and security holders
will be able to obtain the documents free of
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charge at
the SECs web site, www.sec.gov. Investors
and security holders may also obtain the documents free of charge from Investor Relations at ADC by
writing Investor Relations, ADC Telecommunications, Inc., P.O. Box 1101, Minneapolis, Minnesota
55440-1101; or calling 952-917-0991; or at
www.adc.com/investorrelations/financialinformation/secfilings/. Investors and security holders may
also obtain the documents free of charge from Investor Relations at Andrew by writing Investor
Relations, Andrew Corporation, 3 Westbrook Corporate Center, Suite 900, Westchester, Illinois
60154; or calling 800-232-6767; or at www.andrew.com/investors/sec
Participants in Solicitation
ADC, Andrew and their respective directors and executive officers and other members of management
and employees may be deemed to be participants in the solicitation of proxies in respect of the
merger. Information concerning ADCs participants is set forth in the proxy statement dated,
January 24, 2006, for ADCs 2006 annual meeting of shareholders as filed with the SEC on Schedule
14A. Information concerning Andrews participants is set forth in the proxy statement, dated
December 30, 2005, for Andrews 2006 annual meeting of stockholders as filed with the SEC on
Schedule 14A. Additional information regarding the interests of participants of ADC and Andrew in
the solicitation of proxies in respect of the merger will be included in the registration statement
and joint proxy statement/prospectus filed with the SEC (registration no. 333-135424).
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