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To: milesofstyles who wrote (1775)5/29/1998 3:03:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 13094
 
how about the story itself

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IPC Information Systems Makes Announcement
Business Wire - May 29, 1998 14:43
%IPC-INFORMATION-SYSTEMS IPCX %NEW-YORK %COMPUTERS %ELECTRONICS %COMED %TELECOMMUNICATIONS %DIVIDEND V%BW P%BW

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NEW YORK--(BUSINESS WIRE)--May 29, 1998--IPC Information Systems, Inc. (Nasdaq: IPCX) today announced the declaration of a one for one stock dividend. The dividend will be issued to holders of record on June 10, 1998 and will be distributed on June 24, 1998. As a result of this stock dividend the number of shares outstanding will be increased from 4,038,094 shares to 8,076,188 shares.

IPC Information Systems, Inc. is a world leader in providing integrated telecommunications equipment and services that facilitate the execution of transactions by the financial trading community. IPC serves customers in more than 35 countries. Its patented digital Tradenet MX(R) turret is the most widely installed voice trading system in the world. Through its subsidiary, IXnet, IPC operates an international voice and data network, providing a variety of dedicated private line, managed data and switched voice services, which has been specifically designed to meet the specialized telecommunications requirements of the financial trading community. In addition, IPC installs and services the cabling infrastructure and networks which provide financial traders with desktop access to time-sensitive communications and data. For more information, visit IPC's Web site at www.ipc.com.

CONTACT: IPC Information Systems, Inc. - Investor Relations
Brian Reach, (212) 858-7808

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