UNICOM completes acquisition of NEI

MISSION HILLS, CA and CANTON, MA, September 18, 2012 – Network Engines, Inc. (NASDAQ: NEI), a leading provider of server-based application platforms, deployment solutions and lifecycle support services for software technology developers and OEMs worldwide and UNICOM Systems, Inc. (“UNICOM”), a global information technology company and part of the UNICOM group of companies, today announced that the completion of its merger with UNICOM Sub Two, Inc., a wholly owned subsidiary of UNICOM. The merger was approved by the stockholders of NEI at a special meeting held earlier today.  With the completion of the merger, NEI became a privately held company and its stock ceased trading on the NASDAQ Global Market at market close today and its shares will no longer be listed.

NEI stockholders will receive $1.45 per share in cash, without interest, for their shares. Computershare Trust Company, N.A, the paying agent for the merger, will be sending out a letter of transmittal and instructions to stockholders who hold certificates registered in their name in the next several days providing specific actions stockholders of record will need to take to surrender their shares for payment. NEI’s stockholders of record should wait until they receive the letter of transmittal before surrendering their share certificates. Stockholders who hold shares through a bank or broker will not have to take any action to have their shares converted into cash, since these conversions will be handled by the bank or broker.