ARC Wireless Solutions Announces Filing of Definitive Proxy Statement; Sets Record, Annual Meeting, and Target Closing Dates for Acquisitions

DENVER--(BUSINESS WIRE)--The board of directors of ARC Wireless Solutions, Inc. (NASDAQCM: ARCW) (“ARC”) is pleased to announce it has filed the definitive proxy statement regarding its reverse acquisition by Quadrant Metals Technologies, LLC (“QMT”) and simultaneous acquisition of Advanced Forming Technology (“AFT”; collectively the “Acquisitions”) to create ARC Group Worldwide, Inc., a diversified manufacturing holding company with operations in Colorado, Florida, Pennsylvania, Texas, Minnesota, China and Hungary.