CALGARY, Alberta, Dec. 13, 2010 (GLOBE NEWSWIRE) -- SMART Technologies Inc. ("SMART") (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces that it has become aware of the filing of two putative class action law suits ("Suits") in the United States District Court for the Southern District of New York on behalf of purchasers of shares of SMART in the July 2010 initial public offering of 38.8 million shares.
SMART believes that such Suits are without merit and is confident that SMART has complied with all applicable securities laws requirements. SMART intends to vigorously defend such Suits.
About SMART
SMART Technologies is a leading provider of collaboration solutions that transform the way the world works and learns. We believe that collaboration and interaction should be easy. As the global leader in interactive whiteboards, we bring more than two decades of collaboration research and development to a broad range of easy-to-use, integrated solutions that free people from their desks and computer screens, so collaborating and learning with digital resources are more natural.
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CONTACT: SMART Technologies Laurie Long, Senior Public Relations Specialist +1.403.407.5085 laurielong@smarttech.com smarttech.com