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