Trading Symbol: SOLN
CUSIP Number: 83171V100 & OPTIONS
TERMS OF THE SETTLEMENT: The Partial Settlement consists of $462,500 in cash and 1,500,000 shares of Smart Online, Inc. common stock, valued at $1.05 per share, 06/08/2010 closing price, and will include interest on the Settlement Fund prior to distribution.
CLASS DESCRIPTION: On behalf of all persons who purchased or otherwise acquired publicly traded securities of Smart Online, Inc. during the period of May 02, 2005 to September 28, 2007, inclusive.
IMPORTANT DATES:
DATE TO SEEK EXCLUSION
FROM THE CLASS: MARCH 15, 2011
DATE FOR SUBMISSION OF
PROOF OF CLAIM FORMS: APRIL 25, 2011
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