ALEXANDRIA, Va., Feb. 23 /PRNewswire/ -- Metrocall, Inc. (Nasdaq: MCLLC) announced that its common stock listing has been transferred from the Nasdaq National Market to the Nasdaq SmallCap Market and will be listed via a temporary exception from the minimum bid price requirement.

Metrocall fell out of compliance with the minimum bid requirement on September 29, 2000, but has been granted a temporary exception to the minimum bid requirement subject to the Company meeting certain conditions. The exception will expire on May 10, 2001. In the event the Company is deemed to have met the terms of the exception, it shall continue to be listed on the Nasdaq SmallCap Market. The Company believes that it can meet these conditions, however, there can be no assurance that it will do so. If at some future date the Company's securities should cease to be listed on the Nasdaq SmallCap Market, they may continue to be listed on the OTC-Bulletin Board. For the duration of the exception, the Company's Nasdaq symbol will be MCLLC.

Metrocall, Inc., headquartered in Alexandria, Virginia, is one of the largest wireless data and messaging companies in the United States providing both products and services to more than six million business and individual subscribers. The Company offers two-way interactive messaging, wireless e-mail and Internet connectivity, cellular and digital PCS phones, as well as one-way messaging services. Metrocall operates on many nationwide, regional and local networks, including a new Two-Way Interactive Network (TWIN), and can supply a wide variety of customizable Internet-based information content services. For more information on Metrocall please visit the Web site and Online store at http://www.metrocall.com .

The statements set forth above that are not historical facts are forward- looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions about the Company that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the ability of the Company to comply with the required listing standards for the Nasdaq SmallCap Market System, including the minimum bid price required by Nasdaq, and other risk factors as described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the forward-looking statements in this press release.

SOURCE Metrocall, Inc.