Alpha Microsystems calls warrants.SANTA ANA, Calif.--(BUSINESS WIRE)--May 14, 1996--Alpha Microsystems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM:ALMI ALMI Application Level Multicast Infrastructure ALMI Automated Listing and Mapping Instrument (US Census Bureau) ) Tuesday announced that it has set June 17, 1996, as the redemption date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. for its Warrants (NASDAQ NM:ALMIW). Warrant holders desiring to exercise the Warrants must do so prior to 5 p.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT on June 17, 1996. The Information Agent for the exercise and/or redemption of the warrants is South Coast Communications Group, 2010 Main St., Irvine, Calif. 92714, telephone 800/452-1346 (from 8:30 a.m. to 5:30 p.m. PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del PacĂfico PDT ). Warrant holders may obtain a prospectus pertaining to the shares of common stock to be issued upon exercise of the Warrants from South Coast Communications Group. Each Warrant entitles the holder to purchase one share of common stock at an exercise price of $2.50. All Warrants not exercised prior to the redemption date will be redeemed by the company for $0.05 each, and will be null and void after the redemption date, except for the right of the holder to receive the $0.05 redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. . The Warrant Agent for the exercise and/or redemption is Chemical Mellon Shareholder Services, L.L.C., Reorganization Department, P.O. Box 845, Midtown Station, New York, N.Y. 10018. The Warrants are traded on the Nasdaq National Market under the symbol "ALMIW." The company's common stock is traded on the Nasdaq National Market under the symbol "ALMI." Alpha Microsystems is an information technology products and services provider concentrating on software market niches served both directly and through value-added resellers and distributors. The company also provides consulting, networking, software support and maintenance services, with approximately 46 locations in North America and the United Kingdom. CONTACT: South Coast Communications Group Kent Broussard (investors) or Owen Daley (media) 714/252-8440 |
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