ENGLEWOOD, Colo., June 2 /PRNewswire-FirstCall/ -- CSG Systems
International, Inc. (Nasdaq: CSGS) today announced that the Board of directors
has authorized an additional 5 million shares of common stock to be available
for repurchase under the company's stock repurchase plan. This brings the
total number of outstanding shares of common stock available under the plan to
15 million. To date, the company has repurchased 8.4 million shares since its
inception.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO)
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer, solicitation or
sale is unlawful. The Securities and the common stock issuable upon
conversion of the Securities have not been registered under the Securities Act
of 1933 or applicable state securities laws and, unless so registered, may not
be offered or sold in the United States except pursuant to an exemption from
the registration requirements of the Securities Act and applicable state
securities laws.
About CSG Systems International
Headquartered in Englewood, Colorado, CSG Systems International
(Nasdaq: CSGS) is a leader in next-generation billing and customer care
solutions for the cable television, direct broadcast satellite, advanced IP
services, next generation mobile, and fixed wireline markets. CSG's unique
combination of proven and future-ready solutions, delivered in both outsourced
and licensed formats, empowers its clients to deliver unparalleled customer
service, improve operational efficiencies and rapidly bring new
revenue-generating products to market. CSG is an S&P Midcap 400 company. For
more information, visit our Web site at http://www.csgsystems.com.
SOURCE CSG Systems International, Inc.
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Related links:
http://www.csgsystems.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Liz Bauer, Senior Vice President, IR and
Corporate Communications of CSG Systems International, Inc.,
+1-303-804-4065, liz_bauer@csgsystems.com
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