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Technology Stocks : Ampex Corp. -- Ignore unavailable to you. Want to Upgrade?

To: duke of axc who wrote (5825)	2/2/2009 11:06:25 PM
From: slaxc	Respond to of 5839

New today. Comments? Dear Valued Client, You currently hold shares of Ampex Corp. (AMPXQ) in your [broker] account ending in xxxx. At this time there is a voluntary exchange offer for shares of Ampex Corp. The terms of the offer are as follows: - By surrendering their common stock, holders who held common stock as of July 31, 2008 may be eligible to receive a distribution right, which will entitle them to receive a prorated percentage of certain future net cash proceeds, if any, from licensing and other monetization initiatives related to the debtor’s intellectual property, in excess of specified amounts - This offer is subject to being amended, extended, prorated or withdrawn by the offering company. - Requests submitted after February 3, 2009, will be processed on a best- efforts basis. The exchange offer is set to expire on February 6, 2009, unless extended by Ampex Corp. What you need to know: - This offer is for the surrender of shares for the right of distribution. There is no guarantee of a future distribution or a time frame for receiving the proceeds. Once the proceeds are received, they will automatically post to accounts due. - Please keep in mind that once the shares are tendered, they are non- negotiable. They will not be eligible for withdrawal, transfer or removal as a non-marketable security. - This offer does not have withdrawal privileges. Once instructions have been submitted, they cannot be withdrawn. - [broker] will charge a voluntary reorganization fee of $30 to participate in the offer. What you need to do: - If you do not wish to participate in this voluntary offer, no action is required on your part. - If you wish to participate in this voluntary offer, we must receive your instructions on or before February 3, 2009. - To submit instructions to participate in the voluntary offer by email, please follow these steps: