July 27 (Reuters) -
* ALL CASH OFFER TO ACQUIRE SUBORDINATED VOTING SHARES OF OPTIVA INC.
* ESW CAPITAL - INTENDS TO MAKE TENDER OFFER TO ACQUIRE SUBORDINATE VOTING SHARES OF OPTIVA INC AT A PRICE OF C$60.00 IN CASH PER SHARE
* ESW CAPITAL SAYS OFFER VALUES OPTIVA'S EQUITY AT APPROXIMATELY CAD$379 MILLION ON A FULLY DILUTED BASIS