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AWL Arch Wireless, Inc.

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Share Name Share Symbol Market Type
Arch Wireless, Inc. AMEX:AWL AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Arch Wireless Provides Notice of $15 Million Note Redemption

26/11/2003 9:01pm

PR Newswire (US)


Arch Wireless (AMEX:AWL)
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Arch Wireless Provides Notice of $15 Million Note Redemption WESTBOROUGH, Mass., Nov. 26 /PRNewswire-FirstCall/ -- Arch Wireless, Inc. , a leading wireless messaging and mobile information company, today announced that its wholly owned subsidiary, Arch Wireless Holdings, Inc. ("AWHI"), has notified The Bank of New York, as trustee, of its intention to redeem $15 million compounded value of its 12% Subordinated Secured Compounding Notes due 2009 on December 31, 2003 to holders of record as of December 16, 2003. Upon completion of the December 31, 2003 optional redemption, AWHI expects to have outstanding $60 million in aggregate compounded value of 12% Notes. The 12% Notes trade in the over-the-counter market with the CUSIP number 039392-AB-1. Arch Wireless, Inc., headquartered in Westborough, Mass., is a leading wireless messaging and mobile information company with operations throughout the United States. The company offers a full range of wireless messaging services to business and consumers nationwide, including paging, two-way wireless e-mail and messaging and mobile data solutions for the enterprise. Arch provides wireless services to customers in all 50 states, the District of Columbia, Puerto Rico, Canada, Mexico and in the Caribbean principally through its nationwide sales force, as well as through resellers, retailers and other strategic partners. Additional information on Arch Wireless is available on the Internet at http://www.arch.com/. Contact: Bob Lougee 508 870-6771 or 508-435-6117 DATASOURCE: Arch Wireless, Inc. CONTACT: Bob Lougee of Arch, +1-508 870-6771 or +1-508-435-6117 Web site: http://www.arch.com/

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