RadView Software LTD. Announces Plans To Deregister Its Ordinary Shares

July 5, 2012 - PRLog -- Rosh Ha’ayin, Israel, July 5, 2012 – RadView Software Ltd. (the "Company", "RadView") (OTCBB: RDVWF), announced today that its Board of Directors has approved the voluntarily
deregistration of its ordinary shares under the Securities Exchange Act of 1934, thereby suspending RadView's obligation to file annual and other reports with the Securities and Exchange
Commission.
Among the factors considered by the Board of Directors in deciding to deregister the ordinary shares were the reduced expenses associated with compliance efforts and elimination of fees.
The ordinary shares are thinly traded, and RadView does not believe the benefits of being registered outweigh the costs. RadView believes that deregistration will reduce the Company's
administrative expenses and enable management to focus more of its time and resources on operational matters that more directly impact shareholder value.
The Company anticipates the termination of registration will become effective 90 days following the filing of the Form 15 with the SEC. Upon filing of Form 15, the Company's obligation to file
certain reports, including Form 20-F and Form 6-K, with the SEC, will immediately be suspended.
RadView reserves the right to delay or withdraw the filings for any reason prior to effectiveness.
RadView has not arranged for any other U.S. listing or registration on any other exchange or quotation medium within the United States.