IPC Acquisition Corp. Extends Exchange Offer For Its 11.50% Senior Subordinated Notes Due 2009.Business EditorsNEW YORK--(BUSINESS WIRE)--June 17, 2002 IPC (1) (InterProcess Communication) The exchange of data between one program and another either within the same computer or over a network. It implies a protocol that guarantees a response to a request. Acquisition Corp. today announced that the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. for its registered exchange offer of IPC's outstanding $150 million of 11.50% senior subordinated notes due 2009 for IPC's 11.50% senior subordinated notes due 2009 which have been registered under the Securities Act of 1933 has been 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 June 21, 2002, unless further extended. The exchange offer was scheduled to expire at 5:00 p.m., New York City time, today. As of June 17, 2002, $148.5 million of the outstanding 11.50% senior subordinated notes had been tendered in the exchange offer. This announcement is neither an offer to purchase or exchange nor a solicitation of an offer to sell or exchange any outstanding notes or new notes. About IPC IPC Acquisition Corp., through its 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. , IPC Information Systems, Inc., is a leader in the delivery of integrated voice, video and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. solutions to the financial trading industry. IPC's patented digital ALLIANCE MX(TM) trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. is used by the majority of its customers, and IPC believes it is currently the industry's most widely-used voice trading system, serving customers in over 34 countries. IPC's comprehensive portfolio also includes the voice over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP)-based IQMX(TM) IP trading system, TradeSmart CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. (TM) Solutions and dedicated customer care programs. IPC focuses on the financial trading environment - designing, manufacturing, installing and servicing products that allow traders to communicate with each other instantly and in a reliable manner. IPC operates throughout the Americas, Europe, and the Asia Pacific region. For more information, visit www.ipc.com. Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute " forward looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward-looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are, among others, risks associated with substantial indebtedness, leverage and debt service, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC. |
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