CommScope, Inc. (NYSE: CTV), a world leader in cable and connectivity
solutions, held its annual stockholders meeting today.
CommScope Chairman and Chief Executive Officer Frank M. Drendel told
stockholders that he believes that the acquisition of the Connectivity
Solutions business strengthens CommScope as a leader in "last mile"
cable and connectivity solutions.
Drendel also told stockholders that he is pleased that the transition
and integration of Connectivity Solutions is progressing well and on
In other business, CommScope stockholders: (a) re-elected as directors
Boyd L. George and George N. Hutton, Jr.; (b) approved the amended and
re- stated CommScope, Inc. 1997 Long Term Incentive Plan (LTIP); (c)
re-approved the material terms of performance goals under the Annual
Incentive Plan; and (d) ratified the appointment of Deloitte & Touche
LLP as the Company's independent auditor for the 2004 fiscal year.
CommScope is a world leader in the design and manufacture of "last mile"
cable and connectivity solutions for communication networks. We are the
global leader in structured cabling systems for business enterprise
applications and the world's largest manufacturer of coaxial cable for
Hybrid Fiber Coaxial (HFC) applications. Backed by strong research and
development, CommScope combines technical expertise and proprietary
technology with global manufacturing capability to provide customers
with high-performance wired or wireless cabling solutions.
This press release includes forward-looking statements that are based on
information currently available to management, management's beliefs, as
well as on a number of assumptions concerning future events.
Forward-looking statements are not a guarantee of performance and are
subject to a number of uncertainties and other factors, which could
cause the actual results to differ materially from those currently
expected. For a more detailed description of the factors that could
cause such a difference, please see CommScope's filings with the
Securities and Exchange Commission. In providing forward-looking
statements, the company does not intend, and is not undertaking any
obligation or duty, to update these statements as a result of new
information, future events or otherwise.
Visit CommScope at our Web Site - www.commscope.com
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding CommScope's
business which are not historical facts are "forward-looking statements"
that involve risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see "Risk Factors" in the
Company's Annual Report or Form 10-K for the most recently ended fiscal