Arch Wireless Honored with Best Performance in Public Markets Award at Massachusetts Telecommunications Council Annual Ceremony; 2003 Price Appreciation Led Telecom Stocks.The Massachusetts Telecommunications Council (MTC mtc - A Modula-2 to C translator. ftp://rusmv1.rus.uni-stuttgart.de/soft/Unixtools/compilerbau/mtc.tar.Z. ), an industry association of leading telecommunications companies, and Arch Wireless, Inc. a leading paging and mobile messaging service provider, today announced that the MTC honored Arch Wireless with the Best Performance in Public Markets Award at its annual ceremony last week. In 2003, Arch Wireless registered the single greatest percentage increase in stock price by a New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. telecommunications company See telecom company. . The MTC Annual Awards Ceremony, held at the Hyatt Regency Cambridge, was attended by more than 400 industry leaders, and was emceed by John Gallant John Gallant is a lacrosse player for the Colorado Mammoth in the National Lacrosse League. Before signing on with the Colorado Mammoth, Gallant played for the Washington Power for one season. , president and editorial director of Network World. "Arch Wireless' share price last year was driven by the ability of the management team to generate substantial cash flow from wireless data services, while simultaneously reducing debt and operating expenses," said Bob Schechter, chair of the MTC, and chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NMS See NetWare Management System. Communications. "In addition, investors recognized important enhancements to Arch's product offerings, services and network operations during 2003, just as they valued similar factors at other Massachusetts companies." "In today's public markets, investors evaluate telecommunications companies based on the strength of their network operations, business processes and customer service, as well as their financial health," said C. Edward Baker, Jr., chairman and chief executive officer of Arch Wireless. "Although the wireless messaging industry remains competitive, the appreciation of Arch Wireless stock in 2003 reflects our successful performance in these key operating and financial areas." About Arch Wireless 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 District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , 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/. About the Massachusetts Telecommunications Council The Massachusetts Telecommunications Council (MTC) supports voice and data communication companies as they build successful and growing businesses in Massachusetts and New England. By providing advocacy to the state and federal government, education about key technical and business trends, and visibility with customers, partners, and investors, the MTC fosters entrepreneurship and growth in the telecom sector in Massachusetts. Through our successful workforce development activities, including a unique scholarship program for high school students in Massachusetts, we help ensure a vibrant and well- trained workforce in the region long-term. The MTC Annual Awards Ceremony enjoyed the support of the following sponsors: Charles River Ventures; Ernst & Young; Testa, Hurwitz & Thibeault; and Mass High Tech. Contact: For Mass. Telecom Council: Amy Goggins 781-684-0880 amy@masstel.org For Arch Wireless: Bob Lougee 508-435-6117 bob.lougee@arch.com CONTACT: Amy Goggins of Mass. Telecom Council, +1-781-684-0880, amy@masstel.org; or Bob Lougee of Arch Wireless, +1-508-435-6117, bob.lougee@arch.com Web site: http://www.arch.com/ |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion