Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of RAE Systems Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of RAE Systems Inc. (“RAE” or the “Company”) (AMEX: RAE) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Battery Ventures. The proposed transaction offers RAE shareholders to only receive $1.60 in cash for each share they own.

Whether the RAE’s Board of Directors breached their fiduciary duties to RAE’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues RAE’s shares and by how much this proposed transaction undervalues the Company to the detriment of RAE shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in RAE and wish to obtain additional information, please visit us at www.faruqilaw.com/rae or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:

Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: Juan E. Monteverde, Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212) 983-9330

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Rae (AMEX:RAE)
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