Press Releases

The central source for the latest PAETEC news.

December 17, 2009 - PAETEC Holding Corp. Announces Early Payment of Revolving Debt
PAETEC Holding Corp. today announced it has paid down $10 million of its outstanding revolving loan under its credit facility. »

December 16, 2009 - Allworx Announces Powerful Business Communication Capabilities with Mega-Release 09
New Features Include Multi-Site Support, Automatic Call Distribution and an iPhone Application »

December 8, 2009 - PAETEC Promotes Jeff Howe to President of Central Region
PAETEC Holding Corp. today announced the promotion of Jeff Howe to its Senior Officer Team and new responsibilities for current Senior Vice Presidents Dan Reinbold and Donna Wenk. »

December 7, 2009 - Release of PINNACLE Version 6.3 Ushers in New Dimension in IT Operational Business Intelligence
PAETEC Software Corp, which provides Business Process Outsourcing and produces the award-winning PINNACLE Communication Management Suite of integrated software applications, announced today the official release of Version 6.3. »

November 13, 2009 - PINNACLE Wins 2009 Internet Telephony TEM Excellence Award
PAETEC Software Corp. announced it has been named a winner of the 2009 INTERNET TELEPHONY TEM Excellence Award. »

November 11, 2009 - PAETEC to Present at Investor Conferences
PAETEC Holding Corp. announced that senior management will be presenting at investor conferences. »

November 5, 2009 - PAETEC Holding Corp. Announces Third Quarter 2009 Results
PAETEC Holding Corp. today announced third quarter 2009 financial and operating results. "PAETEC demonstrated strong operating and financial results in third quarter 2009 in a challenging environment," said Arunas A. Chesonis, chairman and CEO. »

October 30, 2009 - PAETEC Launches Enhanced Web Site
PAETEC today announced it has launched a new, enhanced www.paetec.com Web site with an increased focus on its capabilities in serving the needs of today's businesses. »

October 22, 2009 - PAETEC Ranks in the Deloitte 2009 Technology Fast 500 List
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that is has again placed on the Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. »

October 19, 2009 - PAETEC Announces Continued Expansion of Ethernet Local Loop Access Nationwide
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that is has expanded its on-net Ethernet Local Loop (ELL) offering to seven additional on-net cities in 2009 to benefit customers with complex data needs. »

October 13, 2009 - PAETEC to Release Third-Quarter 2009 Results
PAETEC Holding Corp. (NASDAQ GS: PAET) plans to release its third-quarter 2009 results on Thursday, November 5, 2009, and will host a conference call that day at 8:30 a.m. ET. »

October 2, 2009 - PAETEC Expands Customer Reach with New Rate Centers in 25 States
Company is a national leader in geographic reach for business local service »

September 30, 2009 - PAETEC Holding Corp. Announces Early Payment of Revolving Debt
PAETEC Holding Corp. (NASDAQ GS: PAET) today announced it has paid down $10 million of its outstanding revolving loan under its credit facility. »

September 28, 2009 - PAETEC Receives Two 2009 INTERNET TELEPHONY Excellence Awards
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that it has received two "2009 INTERNET TELEPHONY Excellence Awards" for their Fixed Wireless and Allworx 9224 IP Phone and Tx 92/24 Expander solutions. »

September 22, 2009 - PAETEC Releases Full Year 2009 Financial Guidance
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet solutions to business-class customers nationwide, today announced full year financial guidance for the fiscal year ending December 31, 2009. »

September 11, 2009 - City of Seattle Optimizes Telecom and IT Operations with PAETEC's PINNACLE Software
PAETEC Software Corp, which produces the award-winning PINNACLE v6 software, today announced that the City of Seattle has purchased its PINNACLE Communication Management Suite from Shared Technologies Inc (Shared Technologies). »

September 9, 2009 - PAETEC Holding Corp. Announces Stock Repurchase Program
PAETEC Holding Corp. (NASDAQ GS: PAET) today announced that its Board of Directors has authorized a new stock repurchase program that would allow the company to repurchase up to $25 million of the company's outstanding common stock through December 31, 2010. »

September 9, 2009 - PAETEC Awarded Best of Show at ITEXPO West 2009
PAETEC Holding Corp. (NASDAQ GS: PAET) today announced that it has received a "Best of Show Award" as the Editors' Choice at Technology Marketing Corporation (TMC)'s ITEXPO West 2009 in Los Angeles. »

September 2, 2009 - NYS CIO/OFT Selects PAETEC to Deliver Voice Services
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, today announced that the New York State Office of the Chief Information Officer/Office for Technology (CIO/OFT) has selected PAETEC to deliver core voice services to the State agencies on the State's network. »

September 1, 2009 - PAETEC Announces Availability of IP Simple Solutions Product
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, today announced its voice, data and equipment bundle offering, IP Simple Solutions, is now available to a national audience where Dynamic IP voice service is available. »

September 1, 2009 - PAETEC to Present at Investor Conferences
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet solutions to business-class customers nationwide, announced that senior management will be presenting at the following investor conferences: »

August 31, 2009 - Allworx Wins Best Channel Product in Two Categories
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced today it has received awards for "Best Channel Product" in the IP PBX and IP Phones categories. »

August 13, 2009 - PAETEC Receives Voice Value Award from ATLANTIC-ACM
PAETEC Holding Corp. (NASDAQ GS: PAET) announced that the research firm, ATLANTIC-ACM, presented it with the Voice Value Award in the CLEC/Cable/Fiber category for both Enterprise and Small Medium Businesses (SMBs). »

August 5, 2009 - PAETEC Holding Corp. Announces Second Quarter 2009 Results
PAETEC Holding Corp. (NASDAQ GS: PAET) today announced second quarter 2009 financial and operating results. »

July 21, 2009 - PAETEC to Release Second Quarter 2009 Results
PAETEC Holding Corp. (NASDAQ GS: PAET) plans to release its second-quarter 2009 results on Wednesday, August 5, 2009, and will host a conference call that day at 8:30 a.m. ET. »

July 16, 2009 - PAETEC Opens Advanced 6,500 Square Foot Data Center
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, today announced the opening of an advanced data center in Bethlehem, Pa. »

July 10, 2009 - PAETEC Vice President, Larry Foster, Elected President of TEMIA
PAETEC Software Corp, which produces the award-winning PINNACLE v6 software, announced that Larry Foster, vice president and general manager for PAETEC Software Corp., was elected to the post of President of the Telecom Expense Management Industry Association (TEMIA) at their annual meeting on June 8. »

July 9, 2009 - PAETEC Commends FCC Adoption of Procedural Rules on Forbearance Petitions
PAETEC Holding Corp. (NASDAQ GS: PAET), expresses appreciation to the Federal Communications Commission ("FCC") for adoption of procedural rules on forbearance petitions which will promote fairness and lead to more informed decision-making. »

June 29, 2009 - PAETEC Holding Corp. Closes $350 Million Senior Secured Notes Offering
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced today that the Company has closed its previously announced senior secured notes offering. »

June 24, 2009 - PAETEC Announces Sale of Trader Voice Service to Speakerbus
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced an agreement for the sale of PAETEC's Trader Voice product to Speakerbus. »

June 18, 2009 - PAETEC Holding Corp. Prices $350 Million of 8.875% Senior Secured Notes due 2017
PAETEC Holding Corp. (NASDAQ GS: PAET) announced today that it has priced $350 million aggregate principal amount of its 8.875% Senior Secured Notes due 2017 in a private offering to "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933 (the "Securities Act") and outside the United States in reliance on Regulation S under the Securities Act. »

June 16, 2009 - PAETEC Holding Corp. Commences Offering of Senior Secured Notes
PAETEC Holding Corp. (NASDAQ GS: PAET) announced today that it plans to offer $350 million aggregate principal amount of senior secured notes due 2017 in a private offering to "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933 (the "Securities Act") and outside the United States in reliance on Regulation S under the Securities Act. »

June 2, 2009 - PAETEC Holding Corp. Announces an Amendment to its Credit Agreement
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers, announced an amendment to its current credit agreement pursuant to which PAETEC will be able, at its election, to use up to $100 million in cash over the next 18 months to repurchase its term loans below par. »

May 15, 2009 - PAETEC Holding Corp. Announces Investor Day
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced today that it will host an investor day in New York City on Monday, May 18, 2009 beginning at 10:00 a.m. and ending at approximately 3:30 p.m. ET. »

May 6, 2009 - PAETEC Holding Corp. Announces First Quarter 2009 Results
PAETEC Holding Corp. (NASDAQ GS: PAET), today announced first quarter 2009 financial and operating results. »

May 6, 2009 - PAETEC Expansion Offers Personalized Solutions in Northern California
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet solutions to business-class customers nationwide, announced today the expansion of its communication service offerings to Northern California including San Francisco, Oakland, San Jose and Sacramento. »

April 30, 2009 - PAETEC Holding Corp. Announces 2009 Annual Shareholder Meeting Date
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that its 2009 Annual Shareholders' Meeting will be held at 9:30 a.m. Eastern Time on Tuesday, June 9, 2009 at the Brookwood Inn, 800 Pittsford-Victor Road, Pittsford, NY 14534. »

April 24, 2009 - PAETEC Ranked in Top Ten Best Large Companies to Work For in New York State
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, has been recognized as part of the 2009 Best Companies to Work For in New York State. »

April 17, 2009 - PAETEC to Release First Quarter 2009 Results
PAETEC Holding Corp. (NASDAQ GS: PAET) plans to release its first-quarter 2009 results after the market close on Wednesday, May 6, 2009, and will host a conference call that day at 5:00 p.m. ET. »

April 2, 2009 - PAETEC Awarded Internet Contract from State of Texas
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that the company has been awarded a contract allowing it to sell Internet services to agencies that utilize the State of Texas Department of Information Resources (DIR). »

March 31, 2009 - PAETEC's Equipment for Services Program Expanded Across its 42 State Operating Area
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that the company has expanded its popular Equipment for Services (EFS) program to all of its 42 state operating territory utilizing a single pricing and quoting tool. »

March 19, 2009 - PAETEC Announces Compliance with Sarbanes Oxley Standards
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that the company has achieved compliance with Sarbanes-Oxley (SOX) standards for the 2008 fiscal year. »

March 17, 2009 - PAETEC Expands Fixed Wireless Transport Option
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers, today announced the availability of Fixed Wireless Transport solutions across its serving area, enhancing the company's position in delivering advanced communication solutions. »

March 10, 2009 - Advertising Veteran Shelley Diamond Joins the PAETEC Board
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, today announced the addition of Ms. Shelley Diamond to its Board of Directors. »

March 6, 2009 - PAETEC Founding Officer Joe Ambersley Elected as Chairman of COMPTEL
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet solutions to business-class customers nationwide, today announced that one of its founding officers, Joe Ambersley, was elected to a two year term overseeing COMPTEL as Chairman of the Board. »

March 5, 2009 - Literacy Volunteers of Rochester Announces Citizenship Scholarship Fund
Funded Primarily by PAETEC, Scholarship to Offset Rising Costs of Citizenship Test »

February 27, 2009 - PAETEC to Present at Deutsche Bank and Raymond James Conferences
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet solutions to business-class customers nationwide announced that senior management will be presenting at the following investor conferences: »

February 27, 2009 - PAETEC Announces Interoperability Between DynamicIP and Cisco's Smart Business Communications System
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet services to business-class customers nationwide today, announced that PAETEC's Dynamic IP SIP Trunking services have successfully completed interoperability testing with the Cisco Smart Business Communications System. »

February 26, 2009 - PAETEC Holding Corp Announces Fourth Quarter and Full Year 2008 Results
PAETEC Holding Corp. (NASDAQ GS: PAET) today announced fourth quarter 2008 and full year 2008 financial and operating results. »

February 13, 2009 - PAETEC Named Number 45 of Top Training Organizations in the World
PAETEC Holding Corp. (NASDAQ: PAET), which provides data, voice, and Internet services, announced that for the third consecutive year, Training magazine has named it to the Training Top 125, an exclusive list of the leading internal training organizations in the world. The company ranked 45, an improvement of 21 spots from the 2008 list. »

February 10, 2009 - PAETEC's Network Operations Center Named Back Office Customer Service Department of the Year
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet services, was presented with a Stevie Award in the Back Office Customer Service Team of the Year category during the third annual Stevie Awards for Sales and Customer Service, held last night at Caesars Palace in Las Vegas. »

February 10, 2009 - PAETEC to Release Fourth Quarter and Year End 2008 Results
PAETEC Holding Corp. (NASDAQ GS: PAET) plans to release its fourth-quarter and year-end 2008 results on Thursday, February 26, 2009, and will host a conference call that day at 9:00 a.m. ET. »

February 5, 2009 - PAETEC Announces Nationwide Product Portfolio
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet services, announced today the launch of an integrated product portfolio available to business-class customers nationwide. »

February 4, 2009 - Allworx to Feature New System 7.0 and 9224 IP Phone
Allworx showcases new offerings at IP Communications Industry's Leading Event at Miami Beach Convention Center in February »

January 22, 2009 - PAETEC Expansion Offers Innovative Communications Solutions in Portland Ore
PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet solutions to business-class customers nationwide, today announced the opening of a local sales office in Portland, Ore. »

January 19, 2009 - PAETEC Promotes Reinbold and Chapman to SVP
PAETEC Holding Corp. today announced the promotions of two executives to its Senior Team, and broadened the responsibilities for four other senior PAETEC executives. »