CommScope, Inc. (NYSE: CTV), a world leader in cable and connectivity solutions, announced today that it has filed a registration statement on Form S-3 with the Securities and Exchange Commission for the resale by selling security holders of CommScope's $250 million aggregate principal amount of 1.00% convertible senior subordinated debentures due 2024 (including the common stock issuable upon conversion of the debentures). The debentures were originally issued in March 2004 in a private placement pursuant to Rule 144A under the Securities Act of 1933. CommScope will not receive any proceeds from any resale by the selling security holders of the debentures.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities 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.
CommScope is a world leader in the design and manufacture of 'last mile' cable and connectivity solutions for communication networks. Through our SYSTIMAX(R) Solutions and Uniprise(TM) brands we are the global leader in structured cabling systems for business enterprise applications. We are also 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 -- http://www.commscope.com
CommScope, Inc.
Phil Armstrong, Investor Relations, +1-828-323-4848
or Betsy Lambert, APR, Media Relations, +1-828-323-4873
Web site: http://www.commscope.com /