Cogent Communications Completes Conversion of Preferred Shares Into Common Shares
15 2월 2005 - 10:40PM
PR Newswire (US)
Cogent Communications Completes Conversion of Preferred Shares Into
Common Shares WASHINGTON, Feb. 15 /PRNewswire-FirstCall/ -- Cogent
Communications Group, Inc. (AMEX:COI), a leading facilities-based
provider of low-cost, high speed Internet access and Internet
Protocol Communications services, announced today that all shares
of its preferred stock have been converted into shares of its
common stock, par value $0.001 per share, pursuant to that certain
conversion and lock-up letter agreement dated February 9, 2005,
entered into by and among the company and certain of its
stockholders, a form of which is attached to the company's Form 8-K
filed with the Securities and Exchange Commission today. Upon the
conversion, the company has approximately 648 million shares of
common stock issued and outstanding. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020204/DCM032LOGO ) About
Cogent Communications Cogent Communications (AMEX:COI) is a
multinational, Tier 1 facilities- based ISP that specializes in
providing businesses with high speed Internet access and
point-to-point transport services. Cogent's facilities-based, all-
optical IP network backbone spans 11 countries and provides IP
services in markets located in North America and Europe. Since
Cogent's inception, Cogent has exploited the benefits that IP
technology provides, building one of the largest and highest
capacity IP networks in existence. This network enables Cogent to
offer large bandwidth connections at highly competitive prices.
Network ownership also enables Cogent to offer superior customer
support through the ability to control service delivery and network
monitoring end-to-end. Cogent Communications is headquartered at
1015 31st Street, NW, Washington, D.C. 20007. For more information,
visit http://www.cogentco.com/. Cogent Communications can be
reached in the United States at (202) 295-4200 or via email at .
Information in this release may involve expectations, beliefs,
plans, intentions or strategies regarding the future. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to Cogent Communications Group, Inc. as of
the date of the release, and we assume no obligation to update any
such forward-looking statement. The statements in this release are
not guarantees of future performance and actual results could
differ materially from our current expectations. Numerous factors
could cause or contribute to such differences. Some of the factors
and risks associated with our business are discussed in Cogent's
registration statements filed with the Securities and Exchange
Commission and in its other reports filed from time to time with
the SEC. http://www.newscom.com/cgi-bin/prnh/20020204/DCM032LOGO
http://photoarchive.ap.org/ DATASOURCE: Cogent Communications
Group, Inc. CONTACT: Public Relations - Jeff Henriksen,
+1-202-550-5493, , or Investor Relations - Ried Zulager,
+1-202-295-4274, , both of Cogent Web site:
http://www.cogentco.com/
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