ADC Announces Effectiveness Of Its Registration Statement For Convertible Subordinated Notes Issued In June 2003.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--Oct. 10, 2003 ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. (Nasdaq:ADCT ADCT Adaptive Discrete Cosine Transform , www.adc.com) today announced that its registration statement on Form S-3 has been declared effective by the U.S. Securities and Exchange Commission. The registration statement was filed pursuant to a registration rights agreement entered into in June 2003 upon the private placement of ADC's $200 million principal amount of 1% Convertible Subordinated Notes due 2008 and $200 million principal amount of Floating Rate Convertible Subordinated Notes due 2013 under Rule 144A Rule 144A A Securities & Exchange Commission rule modifying a two-year holding period requirement on privately placed securities to permit qualified institutional buyers to trade these positions among themselves. of the Securities Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these debentures in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Copies of the registration statement, including the prospectus are available on the SEC's web site at www.sec.gov and may also be obtained on ADC's web site at www.adc.com/investor under Financial Information, SEC Filings. About ADC ADC is The Broadband Company(TM). ADC offers high-quality, value-added solutions of network equipment, software and systems integration services that enable communications service providers A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. to deliver high-speed Internet See broadband. , data, video and voice services to consumers and businesses worldwide. ADC (Nasdaq:ADCT) has sales into more than 100 countries. Learn more about ADC Telecommunications ADC Telecommunications (NASDAQ: ADCT) is a communications company located in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. History In 1935, Ralph Allison founded ADC Telecommunications in the basement of his south Minneapolis home, inventing ADC's very , Inc. at www.adc.com. |
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