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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Convio, Inc. (aConvioa or the aCompanya) (Nasdaq: CNVO) relating to the proposed acquisition by Blackbaud, Inc. (aBlackbauda).

Under the terms of the transaction, Convio shareholders would receive $16.00 in cash for each share of Convio stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Convio for not acting in the Companyas shareholders' best interests in connection with the sale process to Blackbaud. The transaction, which is valued at approximately $275 million, may undervalue Convio as Convio currently holds more than $70 million in cash and receivables. In addition, an analyst has set a price target of $17.00 per share of Convio stock.

If you own shares of Convio stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], visiting [ http://brodsky-smith.com/379-cnvo-convio-inc.html ], or by calling toll free 877-LEGAL-90.