ARC Wireless Solutions, Inc. ("ARC") (OTCBB: ARCW) today announced that The NASDAQ Stock Market has approved its application to be listed on The NASDAQ Capital Market. Trading of ARC�s stock will commence at the market open on Tuesday, April 10, 2007, under the Company�s current ticker symbol �ARCW.� Randall P. Marx, CEO, said, �We are extremely pleased that ARC meets the very high standards of The NASDAQ Capital Market. This is an important step that will provide greater access to institutional investors and increase the Company�s visibility in the investment community. This exciting event reflects on the Company�s continued resolve to meet higher standards and enhance shareholder value.� The NASDAQ Capital Market consists of companies that have met, and continued to meet, specified financial and liquidity requirements as well as a high level of corporate governance standards. About ARC Wireless Solutions, Inc. ARC Wireless Solutions, Inc. is involved in selective design, manufacturing, marketing and selling of a broad range of wireless components and network products and accessories. The Company develops, manufactures and markets proprietary products, including Wi-Fi� and WIMAX panel antennas, mobile GPS, and cellular antennas, as well as base station antennas (for cellphone towers), through its Wireless Communications Solutions Division; it designs, manufactures and distributes cable assemblies for cable, satellite and other markets through its Starworks Wireless Inc. subsidiary; and it negotiates and manages its contract manufacturing relationships through its ARC Wireless Hong Kong Ltd. subsidiary. The Company�s products and systems are marketed through the Company�s internal sales force, OEMs, reseller distribution channels, retail, and the Internet. ARC Wireless Solutions, Inc., together with its Wireless Communications Solutions Division and its Starworks Wireless Inc. subsidiary, are headquartered in Wheat Ridge, Colorado. The Company�s Hong Kong subsidiary is located in Kowloon, Hong Kong. For more information about the Company and its products, please visit our web sites at www.arcwireless.net, www.antennas.com, www.starworkswireless.com and www.arcwirelesshk.net. This is not a solicitation to buy or sell securities and does not purport to be an analysis of the Company�s financial position. This Release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. See the Company�s most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K for additional statements concerning important factors, such as demand for products, manufacturing costs, and competition, and the Company�s ability to successfully utilize its cash, that could cause actual results to differ materially from the Company�s expectations.
ARC Group Worldwide (PK) (USOTC:ARCW)
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