CARRIER ACCESS (CACS)

[Kirk]

Public Offering of 6,000,000 Shares of Common Stock

"Carrier Access (CACS: news, chart, profile), which makes equipment to boost telecom network performance, said late Friday that it filed to offer 6 million shares of stock with an overallotment provision for 900,000 additional shares. That would increase its shares outstanding by about one-fourth from the present 24.8 million."

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...

Press Release Source: Carrier Access Corporation


Carrier Access Corporation Announces Proposed Public Offering of 6,000,000 Shares of Common Stock
Friday November 14, 7:08 pm ET


BOULDER, Colo.--(BUSINESS WIRE)--Nov. 14, 2003--Carrier Access Corporation (Nasdaq: CACS - News) today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 6,000,000 shares of common stock.
Credit Suisse First Boston LLC, Deutsche Bank Securities Inc. and Needham & Company, Inc. will be the managing underwriters of the offering. Credit Suisse First Boston LLC will serve as the sole book runner. The underwriters have an option to purchase up to 900,000 additional shares of common stock from the company solely to cover over-allotments, if any.

Carrier Access designs, manufactures and sells next-generation broadband access equipment to wireline and wireless communications service providers.

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 shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state.

Copies of the preliminary prospectus relating to the offering are not yet available; when available they may be obtained from the offices of Credit Suisse First Boston Corporation Prospectus Department, 11 Madison Avenue, New York, NY 10010, telephone [phone].

 
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 Contact:  
      Carrier Access Corporation 
      Jane Salance, 303-442-5455 
      Fax: [phone] 
      [e-mail] 
      www.carrieraccess.com 
  
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Source: Carrier Access Corporation
http://biz.yahoo.com/bw/031114/145658_1.html