UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of July 2008
Commission File Number: 000-51694
IncrediMail Ltd.
(Translation of
registrant’s name into English)
4 HaNechoshet
Street, Tel-Aviv, Israel 69710
(Address of principal
executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
IncrediMail Ltd.
Attached as Exhibit 1 is a copy of the registrant's press release dated July 23, 2008
| Exhibit 1 | Press release dated July 23, 2008 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 24, 2008. |
IncrediMail Ltd. By: /s/ Yacov Kaufman —————————————— Yacov Kaufman Title: Chief Financial Officer |
Exhibit 1
IncrediMail Commences Stock Repurchase Program
TEL AVIV, Israel (July 23, 2008)-IncrediMail Ltd., (NASDAQ:MAIL) (http://www.incredimail-corp.com), an Internet content and media company, today announced that it has commenced its stock repurchase program.
In January 2008, IncrediMail’s Board of Directors approved and announced an investment of up to $3.75 million to repurchase the Company’s ordinary shares, including an initial purchase of up to $1 million as soon as practicable. From that time until now, the plan’s execution was delayed due to regulatory and legal limitations.
The Company also announced today that its CEO, Mr. Ofer Adler, has recently purchased over 470,000 IncrediMail shares in the open market, increasing his ownership of the Company to slightly above 20%.
“The Company’s repurchase program, as well as my personal increased investment in IncrediMail, are concrete demonstrations of our confidence in the Company’s long-term prospects and our belief that the current level of our share price is far below the business’s true value. As such, we believe strongly that the purchase of our stock is an appropriate use of our cash, and that it serves the long-term interests of our shareholders,” commented Ofer Adler, IncrediMail’s CEO.
About IncrediMail Ltd.
IncrediMail is an Internet content
and media company. Founded in 1999, IncrediMail’s products bring a new level of fun,
personality and convenience to email, desktops and screen savers, and have been downloaded
more than eighty million times. Having secured more than ten million active users,
IncrediMail is now branching out into Instant Messaging, Web 2.0 and social networking
applications, using its unique content and approach to enhance the user experience.
Forward Looking Statements
This press release contains
historical information and forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the business, financial condition
and results of operations of the Company. The words “believe,”
“expect,” “intend,” “plan,” “should” and similar
expressions are intended to identify forward-looking statements. Such statements reflect
the current views, assumptions and expectations of the Company with respect to future
events and are subject to risks and uncertainties. Many factors could cause the actual
results, performance or achievements of the Company to be materially different from any
future results, performance or achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the markets in which the
Company operates and in general economic and business conditions, loss of key customers
and unpredictable sales cycles, competitive pressures, market acceptance of new products,
inability to meet efficiency and cost reduction objectives, changes in business strategy
and various other factors, both referenced and not referenced in this press release.
Various risks and uncertainties may affect the Company and its results of operations, as
described in reports filed by the Company with the Securities and Exchange Commission from
time to time. The Company does not assume any obligation to update these forward-looking
statements.
Contact:
IncrediMail NY
Mr. Jeff Holzmann, President, 212-682-1995
jeff@incredimail.com