Market Overview

Spok Authorizes New $10 Million Stock Repurchase Program


Holdings, Inc.
(NASDAQ:SPOK), a global
leader in healthcare communications
, today announced that its Board
of Directors has authorized the repurchase of up to $10 million of the
Company's common stock on the open market or in privately negotiated
transactions. The new program is expected to be funded from Spok's cash
on hand and is not expected to have a material impact on the Company's

"Today's announcement reflects our commitment to disciplined capital
management and the desire to balance investments in our businesses to
generate profitable growth while at the same time returning capital to
shareholders in the form of stock repurchases and dividends," said
Vincent D. Kelly, president and chief executive officer. "Our stock
repurchase program helps us deliver on that commitment while providing
flexibility for the future."

The timing and the amount of any repurchases of common stock will be
determined by Spok's board based on its evaluation of market conditions
and other factors. Repurchases of common stock will be made under a Rule
10b5-1 plan, which would permit common stock to be repurchased when the
Company might otherwise be precluded from doing so under insider trading
laws. The repurchase program may be suspended or discontinued at any
time. Any repurchased common stock will be available for use in
connection with the Company's stock plans and for other corporate

About Spok

Spok Holdings, Inc. (NASDAQ:SPOK), headquartered in Springfield, Va.,
is proud to be the global leader in healthcare communications. We
deliver clinical information to care teams when and where it matters
most to improve patient outcomes. Top hospitals rely on the Spok Care
Connect® platform to enhance workflows for clinicians, support
administrative compliance, and provide a better experience for patients.
Our customers send over 100 million messages each month through their
Spok® solutions. When seconds count, count on Spok. For more
information, visit or follow @spoktweets on Twitter.

Spok is a trademark of Spok Holdings, Inc. Spok Care Connect and Spok
Mobile are trademarks of Spok, Inc.

Safe Harbor Statement under the Private Securities Litigation Reform
Statements contained herein or in prior press releases which
are not historical fact, such as statements regarding Spok's future
operating and financial performance, are forward-looking statements for
purposes of the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995. These forward-looking statements involve
risks and uncertainties that may cause Spok's actual results to be
materially different from the future results expressed or implied by
such forward-looking statements. Factors that could cause actual results
to differ materially from those expectations include, but are not
limited to, declining demand for paging products and services, continued
demand for our software products and services, our ability to develop
additional software solutions for our customers and manage our
development as a global organization, the ability to manage operating
expenses, future capital needs, competitive pricing pressures,
competition from both traditional paging services and other wireless
communications services, competition from other software providers,
government regulation, reliance upon third-party providers for certain
equipment and services, unauthorized breaches or failures in
cybersecurity measures adopted by us and/or included in our products and
services, as well as other risks described from time to time in our
periodic reports and other filings with the Securities and Exchange
Commission. Although Spok believes the expectations reflected in the
forward-looking statements are based on reasonable assumptions, it can
give no assurance that its expectations will be attained. Spok disclaims
any intent or obligation to update any forward-looking statements.

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