EX-99.3 3 y85678exv99w3.txt WITHDRAWAL LETTER May 2, 2003 CONFIDENTIAL ---------------- Michael W. Nelson Vice President and Chief Financial Officer Click Commerce, Inc. 200 East Randolph Drive Suite 4900 Chicago, Illinois 60601 Mark A. Harris McDermott, Will & Emery 227 West Monroe Street Chicago, Illinois 60606 Board of Directors Click Commerce, Inc. 200 East Randolph Drive Suite 4900 Chicago, Illinois 60601 Dear Sirs and Madam: This is to notify you that Insight Venture Management, LLC (together with its affiliates, "Insight") is withdrawing its offer of April 9, 2003 regarding a proposed merger transaction between Insight and Click Commerce, Inc. ("Click Commerce"). Please note that this letter shall also serve as written notification to you under that certain confidentiality letter, dated as of March 14, 2003 between Click Commerce and Insight (the "Confidentiality Letter"), that Insight has decided not to pursue a transaction as contemplated by the Confidentiality Letter. We thank you for your consideration. Sincerely, INSIGHT VENTURE MANAGEMENT, LLC By: /s/ Deven Parekh --------------------------- Deven Parekh Managing Director