AWIN AERWINS Technologies Inc

Arch Wireless Redeems $20 Million of 12% Notes WESTBOROUGH, Mass., April 30 /PRNewswire-FirstCall/ -- Arch Wireless, Inc. , a leading wireless messaging and mobile information company, today announced that its wholly owned subsidiary, Arch Wireless Holdings, Inc. ("AWHI"), has completed the optional redemption of $20 million compounded value of 12% Subordinated Secured Compounding Notes due 2009. Under terms of the 12% Notes indenture, holders of record as of April 14, 2004 received cash distributions in connection with the April 30 redemption. With completion of today's $20 million redemption, AWHI has outstanding $20 million in aggregate compounded value of 12% Notes. As previously announced, AWHI intends to redeem the remaining $20 million in aggregate compounded value of the 12% Notes on May 28, 2004 to holders of record as of May 13, 2004. Upon completion of the optional redemption on May 28, 2004, AWHI will have fully redeemed its 12% Notes issued on May 29, 2002 and have no long-term debt outstanding. The 12% Notes trade in the over-the- counter market with the CUSIP number 039392-AB-1. Arch Wireless, Inc., headquartered in Westborough, Mass., is a leading wireless messaging and mobile information company with operations throughout the United States. The company offers a full range of wireless messaging services to business and consumers nationwide, including paging, two-way wireless e-mail and messaging and mobile data solutions for the enterprise. Arch provides wireless services to customers in all 50 states, the District of Columbia, Puerto Rico, Canada, Mexico and in the Caribbean principally through its nationwide sales force, as well as through resellers, retailers and other strategic partners. Additional information on Arch Wireless is available on the Internet at http://www.arch.com/. Contact: Bob Lougee 508-435-6117 DATASOURCE: Arch Wireless, Inc. CONTACT: Bob Lougee for Arch Wireless, Inc., +1-508-435-6117 Web site: http://www.arch.com/

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