Metrocall and Arch Receive FCC Consent for Merger
09 November 2004 - 2:52PM
PR Newswire (US)
Metrocall and Arch Receive FCC Consent for Merger ALEXANDRIA, Va.,
and WESTBOROUGH, Mass., Nov. 9 /PRNewswire-FirstCall/ -- Metrocall
Holdings, Inc. (NASDAQ:MTOH) and Arch Wireless, Inc.
(NASDAQ:AWINNASDAQ: BSE:NASDAQ:AWL) today announced that they have
received consent from the Federal Communication Commission (FCC)
for their proposed merger. In granting its consent, the FCC
approved applications for the transfer of control of the licenses
to USA Mobility, Inc., the name under which the newly combined
companies will operate. The FCC's consent is the final regulatory
approval required for the merger, and, pending satisfaction of all
other conditions, the merger is expected to close the week of
November 15, 2004. "We are pleased to receive today's support and
approval from the FCC," said Vincent D. Kelly, president and chief
executive officer of Metrocall and USA Mobility. "With this
approval, we look forward to completing the merger and beginning
the process of integrating our two companies." Metrocall and Arch
announced a definitive merger agreement on March 29, 2004, subject
to shareholder and regulatory approvals. Shareholders of each
company voted to approve the merger on November 8, 2004, and the
U.S. Department of Justice informed Metrocall and Arch on November
5, 2004 that it had closed its investigation of the transaction.
Arch Wireless, Inc., headquartered in Westborough, Mass., is a
leading wireless messaging and mobile information company with
operations throughout the United States. It offers a full range of
wireless messaging and wireless e-mail services, including mobile
data solutions for the enterprise, to business and retail customers
nationwide. Arch provides services to customers in all 50 states,
the District of Columbia, Puerto Rico, Canada, Mexico and in the
Caribbean principally through a nationwide direct sales force, as
well as through indirect resellers, retailers and other strategic
partners. Additional information on Arch is available on the
Internet at http://www.arch.com/. Metrocall Wireless, Inc.,
headquartered in Alexandria, Virginia, is a leading provider of
paging products and other wireless services to the business,
government and healthcare communities. In addition to its reliable,
nationwide one-way networks, Metrocall's two-way network has the
largest high- powered terrestrial ReFLEX footprint in the United
States with roaming partners in Canada, Mexico and the Caribbean.
Metrocall Wireless is the preferred ReFLEX wireless data network
provider for many of the largest telecommunication companies in the
United States that source network services and resell under their
own brand names. In addition to traditional numeric, one-way text
and two-way paging, Metrocall also offers wireless e-mail
solutions, as well as mobile voice and data services through
AT&T Wireless and Nextel. Also, Metrocall offers Integrated
Resource Management Systems with wireless connectivity solutions
for medical, business, government and other campus environments.
Metrocall focuses on the business-to-business marketplace and
supports organizations of all sizes. Additional information on
Metrocall is available on the Internet at
http://www.metrocall.com/. Statement under the Private Securities
Litigation Reform Act: Statements contained herein or in prior
press releases which are not historical fact, such as statements
regarding Arch and Metrocall's expectations for completing their
pending merger, are forward-looking statements for purposes of the
safe harbor provisions under the Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve risks
and uncertainties that may cause Arch and Metrocall's actual
results to be materially different from the future results
expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially from those
expectations include, but are not limited to, declining demand for
their paging products and services, Arch and Metrocall's ability to
continue to reduce operating expenses, Arch and Metrocall's future
capital needs, competitive pricing pressures, competition from both
traditional paging services and other wireless communications
services, government regulation, reliance upon third party
providers for certain equipment and services, as well as other
risks described from time to time in Arch and Metrocall's periodic
reports and registration statements filed with the Securities and
Exchange Commission. Although Arch and Metrocall believe the
expectations reflected in the forward-looking statements are based
on reasonable assumptions, they can give no assurance that their
expectations will be attained. Arch and Metrocall disclaim any
intent or obligation to update any forward-looking statements.
Contacts: For Arch: Bob Lougee (508) 435-6117 For Metrocall: Brett
Mankey (703) 660-6677 Ext.6231 DATASOURCE: Arch Wireless, Inc.
CONTACT: Bob Lougee of Arch, +1-508-435-6117; or Brett Mankey of
Metrocall, +1-703-660-6677 Ext.6231 Web site: http://www.arch.com/
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