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METROCALL ANNOUNCES PUBLIC OFFERING

 ALEXANDRIA, Va., June 4 /PRNewswire/ -- Metrocall, Inc. (NASDAQ: MCLL), today announced that it had filed a registration statement with the Securities and Exchange Commission for an initial public offering of 2,700,000 shares of its common stock. It is anticipated that the offering price will be between $12 and $14 per share. The sale to the public will commence immediately following final clearance of the registration statement by the Securities and Exchange Commission, expected to be in July. The managing underwriters for the offering are Raymond James & Associates, Inc., Wheat, First Securities, Inc., and Brenner Securities Corporation.
 Metrocall is one of the largest providers of paging services in the United States, providing facilities-based coverage in the Mid-Atlantic region and in California and Nevada. The company has 16 sales offices and provides local paging services in eight states and the District of Columbia and 16 Standard Metropolitan Statistical Areas. In addition to its existing paging services, Metrocall is implementing a nationwide wireless network that will allow the company to provide paging services in the largest 100 SMSAs. As of March 31, 1993, the company had 203,150 pages in service.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor any offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Copies of the prospectus may be obtained by contacting Raymond James & Associates, Inc., St. Petersburg, Fla., 33716, 813-573-3800, ext. 2400.
 -0- 6/4/93
 /CONTACT: Christopher Kidd or Vincent Kelly of Metrocall, 703-660-9343/
 (MCLL)


CO: Metrocall, Inc. ST: Virginia, District of Columbia IN: CPR SU: OFR

DC-IH -- DC022 -- 5504 06/04/93 14:24 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 4, 1993
Words:342
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