Glenayre Technologies Schedules Fourth Quarter 2006 Earnings Release and Conference Call

Glenayre Technologies Schedules Fourth Quarter 2006 Earnings Release and Conference Call

NEW YORK, Feb. 8 /PRNewswire-FirstCall/ -- Glenayre Technologies, Inc. (NASDAQ:GEMS), (the "Company") a global provider of entertainment products and services through Entertainment Distribution Company, LLC ("EDC"), will announce its financial results for the fourth quarter ended December 31, 2006, on Tuesday, March 6, 2007, after market hours.

The company will host a conference call to discuss its fourth quarter 2006 financial results the same day at 4:30 p.m. ET. To access the conference call, please dial 973-409-9261 and reference pass code 8391944. A live webcast of the conference call and the presentation slides will also be available on the Company's corporate Web site, located at www.glenayre.com.

James Caparro, President and Chief Executive Officer, and Jordan Copland, Executive Vice President and Chief Financial Officer, of Glenayre Technologies will host the call.

A replay of the conference call will be available through Tuesday, March 13, 2007, at midnight ET. The replay can be accessed by dialing 973-341-3080. The pass code for the replay is 8391944.

About Glenayre Technologies

Glenayre Technologies (NASDAQ:GEMS) is a global provider of entertainment products through Entertainment Distribution Company, LLC (EDC). Entertainment Distribution Company is the largest provider of pre-recorded entertainment products, including CDs and DVDs, for Universal Music Group, the world leader in music sales. Headquartered in New York, EDC's operations include manufacturing and distribution facilities throughout North America and in Hanover, Germany, and a manufacturing facility in Blackburn, UK. On November 7, 2006, Glenayre Technologies announced its intent to present a proposal at the 2007 annual meeting of stockholders to change the name of the company to Entertainment Distribution Company. For more information, please visit www.glenayre.com.

Safe Harbor Statement

This news release contains statements that may be forward looking within the meaning of applicable securities laws. The statements may include projections regarding future revenues and earnings results, and are based upon the Company's current forecasts, expectations and assumptions, which are subject to a number of risks and uncertainties that could cause the actual outcomes and results to differ materially. Some of these results and uncertainties are discussed in the Company's most recently filed Annual Report on Form 10-K and the Company's most recently filed Quarterly Report on Form 10-Q. These factors include, but are not limited to restructuring activities; potential intellectual property infringement claims; potential acquisitions and strategic investments; volatility of stock price; ability to attract and retain key personnel; competition; variability of quarterly results and dependence on key customers; potential market changes resulting from rapid technological advances; proprietary technology; potential changes in government regulation; international business risks; continuation and expansion of third party agreements; sensitivity to economic trends and customer preferences; increased costs or shortages of raw materials or energy; dependence on Universal Music Group; potential inability to manage successful production; advances in technology and changes in customer demands; variability in production levels; and development of digital distribution alternatives including copying and distribution of music and video files. The Company assumes no obligation to update any forward-looking statements and does not intend to do so except where legally required.

Source: Glenayre Technologies

CONTACT: Jennifer Gery (media), or Mike Smargiassi/Brad Edwards
(investors), +1-212-986-6667, investor.relations@glenayre.com, all for
Glenayre Technologies

Web site: http://www.glenayre.com/

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