Carl Thoma Leaves PageNet Board of Directors.DALLAS--(BUSINESS WIRE)--Oct. 12, 1999-- PageNet (Nasdaq:PAGE) announced today that Carl D. Thoma has resigned from the company's board of directors due to time constraints caused by other commitments. Mr. Thoma has been a director of PageNet since 1981. PageNet is the leading provider of wireless messaging and information services See Information Systems. with approximately 9.8 million subscribers 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). , the U.S. Virgin Islands, Puerto Rico and Canada. The company offers a full range of paging and advanced messaging services, including assured-delivery messaging, two-way wireless e-mail, and global messaging. PageNet's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , VAST Wireless Solutions, plans to introduce a variety of customizable information services for pagers and other devices, partnering with content providers such as Yahoo!, CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. , Bloomberg, ESPN ESPN Entertainment and Sports Programming Network and others. Additionally, VAST Wireless Solutions develops integrated wireless solutions to increase productivity and improve performance for major corporations. Detailed information and coverage maps for PageNet and VAST Wireless Solutions services are available on the Internet at www.pagenet.com. PageNet is a registered trademark of Paging Network, Inc. Other names are trademarks and/or registered trademarks of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 The statements contained in this release which are not historical facts, such as those concerning the timing, performance and market acceptance of new products and services, are forward-looking statements that are subject to risks and uncertainties. Actual results could differ materially from those set forth in forward-looking statements. Among the factors that could cause actual future results to differ materially are competitive pricing pressures, the introduction of products and services by competitors of the company, the performance of the company's vendors and independent contractors, the construction, testing and placement into operation of the company's advanced messaging network, the availability of compatible hardware and software applications and the acceptance of PageNet's products and services in the marketplace. |
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