IKON Announces Extension of Consent Solicitation for Its 7.75% Senior Notes Due 2015.MALVERN, Pa. -- IKON Office Solutions IKON Office Solutions (NYSE: IKN) is a Fortune 500 company based in Malvern, Pennsylvania. Formerly part of ALCO Standard. IKON integrates copy machines and fax systems to assist businesses. (NYSE NYSE See: New York Stock Exchange :IKN IKN I Know Nothing ), the world's largest independent channel for document management systems and services, today announced that it has extended until 5:00 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Friday, January 5, 2007 (the "Expiration Time Expiration time The time of day by which all exercise notices must be received on the expiration date. Technically, the expiration time is currently 11:59AM on the expiration date, but public holders of option contracts must indicate their desire to exercise no later than 5:30PM on ") the previously announced solicitation of consents from holders of its $225 million 7.75% Senior Notes due 2015 (the "Notes"). The consent solicitation, which commenced on November 30, 2006, was scheduled to expire on Wednesday, December 13, 2006. All other material terms of the consent solicitation remain unchanged. Holders of the Notes who have already properly delivered consents do not need to deliver new consents. Consents (whether previously or hereafter delivered) may only be revoked in the manner described in the consent solicitation statement. For a complete statement of the terms and conditions of the consent solicitation and the proposed amendments to the indenture, holders of the Notes should refer to the Consent Solicitation Statement dated November 30, 2006. The consent solicitation remains open to holders of record as of November 29, 2006. Questions regarding the consent solicitation may be directed to the Solicitation Agent, Wachovia Securities, Liability Management Group, at (704) 715-8341, or toll free at (866) 309-6316. Requests from holders for assistance in delivering consents or for additional copies of the Consent Solicitation Statement should be directed to D.F. King & Co., Inc., acting as Information Agent and Tabulation tab·u·late tr.v. tab·u·lat·ed, tab·u·lat·ing, tab·u·lates 1. To arrange in tabular form; condense and list. 2. To cut or form with a plane surface. adj. Having a plane surface. Agent, at 48 Wall Street - 22nd Floor, New York, New York, 10005, at telephone numbers (212) 269-5550 (banks and brokers) and toll free (800) 290-6426. This release is for informational purposes only. It does not constitute a solicitation of consents. The consent solicitation is made solely by means of the Consent Solicitation Statement dated November 30, 2006. About IKON IKON Office Solutions, Inc. (www.ikon.com), the world's largest independent channel for copier, printer and MFP (MultiFunction Printer, MultiFunction Peripheral) See all-in-one and MFD. technologies, delivers integrated document management solutions and systems, enabling customers worldwide to improve document workflow and increase efficiency. IKON integrates best-in-class systems from leading manufacturers, such as Canon, Ricoh, Konica Minolta, EFI See UEFI. EFI - Extensible Firmware Interface and HP, and document management software from companies like Captaris, Kofax, eCopy and others, to deliver tailored, high-value solutions implemented and supported by its global services organization--IKON Enterprise Services. With fiscal year 2006 revenue of $4.2 billion, IKON has approximately 25,000 employees in over 400 locations throughout North America and Western Europe. IKON Office Solutions([R]) and IKON: Document Efficiency at Work([R]) are trademarks of IKON Office Solutions West, Inc. All other trademarks are the property of their respective owners. (FIKN) |
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