The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Convio, Inc. ("Convio") (NasdaqGS: CNVO) and other violations of state law by the board of directors of Convio relating to the proposed acquisition of the company by Blackbaud, Inc. ("Blackbaud") The firm's investigation seeks to determine, among other things, whether the board breached their fiduciary duties by failing to maximize shareholder value.

On January 17, 2012, Blackbaud announced that it had agreed to acquire Convio for $16.00 per share in a cash tender offer followed by a merger. However, according to Yahoo! Finance, at least one analyst has set a high price target of $17.00 per share.

If you currently own shares of Convio and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at hoffman@browerpiven.com, by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.

Brower Piven, A Professional Corporation
Stevenson, Maryland
Charles J. Piven, 410-415-6616
hoffman@browerpiven.com