Investor Relations -Press Release

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USA Mobility Reports Fourth Quarter and 2006 Operating Results
Subscriber Trends Improve, Expenses Reduced and Capital Returned to Shareholders; Key Verticals of Healthcare, Government and Large Enterprise Targeted
ALEXANDRIA, Va., March 7, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- USA Mobility, Inc. (Nasdaq: USMO), a leading provider of wireless messaging and communications services, today announced operating results for the fourth quarter and year ended December 31, 2006.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061010/NETU024LOGO )

Reported revenue was $497.7 million for 2006, compared to $618.6 million in 2005. EBITDA (Earnings before interest, tax, depreciation, amortization and accretion) for 2006 was $140.4 million, or 28.2 percent of revenue, while operating income was $67.1 million. Net income for 2006 was $40.2 million, or $1.46 per fully diluted share, compared to $12.9 million, or $0.47 per fully diluted share, for 2005.

For the fourth quarter, reported revenues totaled $116.0 million, compared to $119.6 million in the third quarter of 2006 and $143.4 million in the fourth quarter of 2005. EBITDA for the fourth quarter of 2006 was $30.8 million, or 26.6 percent of revenue, and operating income was $13.6 million. Net income for the fourth quarter was $8.3 million, or $0.30 per fully diluted share, compared to $7.9 million, or $0.29 per fully diluted share, in the year-earlier quarter.

    Key results in 2006 included:

     - Quarterly net unit losses slowed significantly during the year to
       154,000 in the fourth quarter from 252,000 in the first quarter, while
       the quarterly rate of unit erosion improved to 3.6 percent in the
       fourth quarter from 5.2 percent in the first quarter of 2006.  The
       annual rate of unit erosion declined to 16.0 percent in 2006 from 18.1
       percent in 2005.  Total units in service at year-end 2006 were
       4,105,000, compared to 4,886,000 at year-end 2005.
     - The rate of revenue decline continued to show improvement during 2006.
       The quarterly rate of revenue erosion narrowed to 2.9 percent in the
       fourth quarter, compared to 5.9 percent in the first quarter of 2006.
       The year-over-year rate of revenue decline improved to 19.5 percent in
       2006 from 21.6 percent in 2005.
     - Operating expenses, excluding depreciation, amortization and accretion,
       were $85.2 million for the fourth quarter, a reduction of $16.4
       million, or 16.1 percent, from $101.6 million in the fourth quarter of
       2005.  For 2006, operating expenses were $357.3 million, a decrease of
       $102.8 million, or 22.3 percent, from 2005.  Lower expenses were
       largely the result of the Company's ongoing network rationalization
       initiative, coupled with staff reductions and numerous other company-
       wide cost efficiency initiatives.
     - Average revenue per unit (ARPU) was $8.57 for the fourth quarter of
       2006, compared to $8.60 in the third quarter and $8.90 in the fourth
       quarter of 2005.
     - EBITDA as a percentage of revenue was 26.6 percent in the fourth
       quarter, compared to 27.8 percent in the third quarter and 29.2 percent
       in the fourth quarter of 2005.
     - Capital expenses totaled $21.0 million in 2006, compared to $13.5
       million in 2005, with the increase due largely to replenishing of pager
       equipment inventories.
     - The Company generated $127.9 million in cash during the year from
       operating and investing activities and had a cash balance of $66.5
       million at December 31, 2006.
     - The Company paid a special distribution of $3.00 per share of common
       stock in July and its first quarterly cash distribution of $0.65 per
       share in December.  Combined, the cash distributions represented a
       return of capital to shareholders totaling $99.8 million.
     - In 2006 the Company made substantial progress in rationalizing its
       paging network by eliminating redundant locations, consolidating
       equipment within each site and removing excess capacity.  These efforts
       yielded a net reduction of 1,980 transmitters, or 12.8 percent since
       December 31, 2005.
     - Consolidation and related expense control efforts reduced the number of
       equivalent employees from 1,617 at the beginning of the year to 1,235
       at year end.  As a result, workforce productivity increased 7.6 percent
       to $369,000 of annualized revenue per employee in the fourth quarter of
       2006 from $343,000 in the fourth quarter of 2005.

"We made significant progress during 2006 toward reducing costs and enhancing operating efficiencies despite continued competitive challenges," said Vincent D. Kelly, president and chief executive officer. "In addition, we continued to see improvement in subscriber trends -- including quarterly increases in gross pager placements -- and generated a sufficient level of cash flow to return capital to shareholders in the form of cash distributions."

Kelly said USA Mobility redefined its sales and marketing strategy during the year to highlight its capabilities as a provider of multiple wireless services. "We reorganized and began to enhance our sales and marketing organizations while launching a corporate re-branding program to more effectively communicate the scope and depth of our service offerings beyond basic paging and two-way messaging," he noted. "Under our new corporate logo and tagline, 'One Source for Wireless,' we've successfully created greater awareness of the Company's expanded services within our customer base as well as generated considerable visibility among a wider set of potential enterprise customers."

The Company also refocused its sales and marketing strategy around its core business segments of healthcare, government and large enterprises during 2006. "By concentrating on these key vertical markets," Kelly said, "we hope to solidify our existing customer relationships and leverage our accumulated knowledge of these industries to broaden our presence and create new sales and service opportunities."

Thomas L. Schilling, chief financial officer, said: "We continued to strengthen our financial position in 2006, principally through numerous cost reduction initiatives including our network rationalization program. In addition, we paid out $99.8 million in cash distributions during 2006 and ended the year with $66.5 million in cash."

Schilling added: "We are pleased the financial guidance we provided for 2006 was on target. Revenue of $497.7 million was within the guidance range of $495 million to $500 million; operating expenses (excluding depreciation, amortization and accretion) of $357.3 million were slightly above the revised guidance range of $354 million to $356 million but well below the original guidance range of $370 million to $380 million; and capital expenditures of $21.0 million were within the guidance range of $20 million to $22 million. With respect to financial guidance for 2007, the Company expects revenue to be in a range from $400 million to $410 million, operating expenses, excluding depreciation, amortization and accretion, to be in a range from $295 million to $300 million, and capital expenses in a range from $18 million to $20 million."

USA Mobility plans to host a conference call for investors on its fourth quarter and 2006 results at 11:00 a.m. Eastern Time on Thursday, March 8, 2007. The call-in number is 866-409-1555 (toll-free) or 913-312-1235 (toll). The pass code for the call is 2684172. A replay of the call will be available from 3:00 p.m. on March 8 until 11:59 p.m. on Thursday, March 22, 2007. The replay number is 888-203-1112 (toll-free) or 719-457-0820 (toll). The pass code for the replay is 2684172.

About USA Mobility

USA Mobility, Inc., headquartered in Alexandria, Virginia, is a comprehensive provider of reliable and affordable wireless communications solutions to the healthcare, government, large enterprise and emergency response sectors. As a single-source provider, USA Mobility's focus is on the business-to-business marketplace and supplying wireless connectivity solutions to more than 80 percent of the Fortune 1000 companies. The Company operates nationwide networks for both one-way paging and advanced two-way messaging services. In addition, USA Mobility offers mobile voice and data services through Sprint Nextel, including BlackBerry devices and GPS location applications. The Company's product offerings include customized wireless connectivity systems for the healthcare, government and other campus environments. USA Mobility also offers M2M (machine-to-machine) telemetry solutions for numerous applications that include asset tracking, utility meter reading and other remote device monitoring applications on a national scale. For further information visit http://www.usamobility.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act: Statements contained herein or in prior press releases which are not historical fact, such as statements regarding USA Mobility's expectations for 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 USA Mobility'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, the ability to continue to reduce operating expenses, future capital needs, competitive pricing pressures, competition from both traditional paging services and other wireless communications services, government regulation, reliance upon third-party providers for certain equipment and services, as well as other risks described from time to time in periodic reports and registration statements filed with the Securities and Exchange Commission. Although USA Mobility 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. USA Mobility disclaims any intent or obligation to update any forward-looking statements.

                               Tables to Follow



                               USA MOBILITY, INC.
                CONDENSED CONSOLIDATED RESULTS OF OPERATIONS (a)
        (unaudited and in thousands, except share and per share amounts)


                                          For the three months ended
                                  3/31/05     6/30/05     9/30/05     12/31/05

    Revenue:
      Paging service             $156,588    $148,399    $141,832    $133,582
      Cellular                      1,507       2,122       1,877       2,336
      Product sales                 6,527       6,054       6,940       6,361
      Other                         1,055         962       1,305       1,125
    Total revenue                 165,677     157,537     151,954     143,404

    Operating expenses:
      Cost of products sold         1,279         929         945       1,330
      Service, rental and
       maintenance                 56,450      56,156      53,782      49,460
      Selling and marketing        10,462      11,182      11,328      10,399
      General and
       administrative              49,655      47,010      43,437      39,682
      Depreciation,
       amortization and
       accretion                   40,595      35,224      28,876      26,633
      Severance and
       restructuring                5,137       9,904         855         713
    Total operating expenses      163,578     160,405     139,223     128,217
       % of total revenue           98.7%      101.8%       91.6%       89.4%

    Operating income (loss)         2,099      (2,868)     12,731      15,187
       % of total revenue            1.3%       -1.8%        8.4%       10.6%

      Interest income
       (expense), net              (1,214)       (499)        (18)        408
      Loss on extinguishment
       of long-term debt             (594)       (432)       (312)          0
      Other income (expense),
       net                            137         (73)         76      (1,144)
    Income (loss) before
     income tax expense               428      (3,872)     12,477      14,451
      Income tax benefit
       (expense)                     (291)         61      (3,750)     (6,598)
    Net income (loss)                $137     $(3,811)     $8,727      $7,853

    Basic net income (loss)
     per common share               $0.01      $(0.14)      $0.32       $0.29
    Diluted net income (loss)
     per common share               $0.01      $(0.14)      $0.32       $0.29

    Basic weighted average
     common shares outstanding 27,108,034  27,226,076  27,365,701  27,396,187
    Diluted weighted average
     common shares outstanding 27,320,212  27,226,076  27,465,990  27,459,261


    Reconciliation of
     operating income to
     EBITDA (b):
    Operating income (loss)        $2,099     $(2,868)    $12,731     $15,187
    Add back: Depreciation,
     amortization and
     accretion                     40,595      35,224      28,876      26,633
    EBITDA                        $42,694     $32,356     $41,607     $41,820
       % of total revenue           25.8%       20.5%       27.4%       29.2%

    (a) Slight variations in totals are due to rounding.
    (b) EBITDA or Earnings before interest, taxes, depreciation and
    amortization is a non-GAAP measure and is presented for analytical
    purposes only.



                               USA MOBILITY, INC.
                CONDENSED CONSOLIDATED RESULTS OF OPERATIONS (a)
        (unaudited and in thousands, except share and per share amounts)


                                          For the three months ended
                                  3/31/06     6/30/06     9/30/06     12/31/06

    Revenue:
      Paging service             $125,673    $118,872    $112,129    $107,520
      Cellular                      2,026       2,096       1,728       1,877
      Product sales                 6,131       5,180       4,851       5,393
      Other                         1,063       1,057         846       1,253
    Total revenue                 134,892     127,205     119,553     116,044

    Operating expenses:
      Cost of products sold           786       1,169       1,184         698
      Service, rental and
       maintenance                 48,092      44,769      42,489      41,770
      Selling and marketing        11,059      11,118      10,929      10,797
      General and
       administrative              36,142      32,208      30,994      28,533
      Depreciation,
       amortization and
       accretion                   18,794      18,900      18,361      17,243
      Severance and
       restructuring                  170         321         682       3,413
    Total operating expenses      115,043     108,485     104,639     102,454
       % of total revenue           85.3%       85.3%       87.5%       88.3%

    Operating income (loss)        19,849      18,720      14,914      13,590
       % of total revenue           14.7%       14.7%       12.5%       11.7%

      Interest income
       (expense), net                 549       1,023         717       1,579
      Loss on extinguishment
       of long-term debt                0           0           0           0
      Other income (expense),
       net                             62         988         103        (353)
    Income (loss) before
     income tax expense            20,460      20,731      15,734      14,816
      Income tax benefit
       (expense)                   (8,195)     (9,779)     (7,075)     (6,511)
    Net income (loss)             $12,265     $10,952      $8,659      $8,305

    Basic net income (loss)
     per common share               $0.45       $0.40       $0.32       $0.30
    Diluted net income (loss)
     per common share               $0.45       $0.40       $0.31       $0.30

    Basic weighted average
     common shares outstanding 27,397,307  27,399,533  27,400,853  27,401,492
    Diluted weighted average
     common shares outstanding 27,503,230  27,587,958  27,575,039  27,597,919


    Reconciliation of
     operating income to
     EBITDA (b):
    Operating income (loss)       $19,849     $18,720     $14,914     $13,590
    Add back: Depreciation,
     amortization and
     accretion                     18,794      18,900      18,361      17,243
    EBITDA                        $38,643     $37,620     $33,275     $30,833
       % of total revenue           28.6%       29.6%       27.8%       26.6%

    (a) Slight variations in totals are due to rounding.
    (b) EBITDA or Earnings before interest, taxes, depreciation and
    amortization is a non-GAAP measure and is presented for analytical
    purposes only.



                              USA MOBILITY, INC.
                       UNITS IN SERVICE ACTIVITY (a)(b)
                      (unaudited and units in thousands)


                                              For the three months ended
                                          3/31/05  6/30/05  9/30/05 12/31/05
    Units in service

    Beginning units in service
        Direct one-way                      4,464    4,272    4,114    3,977
        Direct two-way                        422      398      382      365
      Total direct                          4,886    4,670    4,496    4,342
        Indirect one-way                      987      859      762      685
        Indirect two-way                       94       91       90       89
      Total indirect                        1,081      951      852      774
    Total beginning units in service        5,967    5,621    5,348    5,116

    Gross placements
        Direct one-way                        142      134      125      125
        Direct two-way                         23       29       17       17
      Total direct                            165      163      142      142
        Indirect one-way                      108       92       26       24
        Indirect two-way                        7        7        5       17
      Total indirect                          115       99       31       41
    Total gross placements                    280      262      173      183

    Gross disconnects
        Direct one-way                       (334)    (292)    (262)    (267)
        Direct two-way                        (48)     (44)     (34)     (34)
      Total direct                           (381)    (337)    (296)    (301)
        Indirect one-way                     (235)    (189)    (104)    (105)
        Indirect two-way                      (10)      (9)      (6)      (6)
      Total indirect                         (245)    (198)    (109)    (111)
    Total gross disconnects                  (626)    (535)    (405)    (413)

    Net gain (loss)
        Direct one-way                       (192)    (159)    (137)    (142)
        Direct two-way                        (24)     (15)     (17)     (17)
      Total direct                           (216)    (174)    (154)    (159)
        Indirect one-way                     (128)     (97)     (77)     (82)
        Indirect two-way                       (2)      (1)      (1)      11
      Total indirect                         (130)     (99)     (78)     (71)
    Total net change                         (346)    (273)    (233)    (230)

    Ending units in service
        Direct one-way                      4,272    4,114    3,977    3,835
        Direct two-way                        398      382      365      348
      Total direct                          4,670    4,496    4,342    4,183
        Indirect one-way                      859      762      685      603
        Indirect two-way                       91       90       89      100
      Total indirect                          951      852      774      703
    Total ending units in service           5,621    5,348    5,116    4,886

    (a) The third quarter 2005 unit in service adjustment has been reflected
    in the first quarter 2005 beginning units in service balance.
    (b) Slight variations in totals are due to rounding.



                              USA MOBILITY, INC.
                       UNITS IN SERVICE ACTIVITY (a)(b)
                      (unaudited and units in thousands)


                                              For the three months ended
                                          3/31/06  6/30/06  9/30/06 12/31/06
    Units in service

    Beginning units in service
        Direct one-way                      3,835    3,678    3,547    3,429
        Direct two-way                        348      324      307      292
      Total direct                          4,183    4,002    3,854    3,721
        Indirect one-way                      603      535      483      449
        Indirect two-way                      100       96       94       89
      Total indirect                          703      631      577      538
    Total beginning units in service        4,886    4,634    4,431    4,259

    Gross placements
        Direct one-way                        108      119      120      112
        Direct two-way                         15       15       15       15
      Total direct                            123      134      135      127
        Indirect one-way                       24       18       24       36
        Indirect two-way                        4        5        6        6
      Total indirect                           28       23       29       42
    Total gross placements                    151      157      165      169

    Gross disconnects
        Direct one-way                       (265)    (250)    (239)    (222)
        Direct two-way                        (39)     (32)     (30)     (28)
      Total direct                           (304)    (282)    (269)    (250)
        Indirect one-way                      (92)     (70)     (58)     (68)
        Indirect two-way                       (7)      (8)     (10)      (5)
      Total indirect                         (100)     (78)     (68)     (73)
    Total gross disconnects                  (404)    (360)    (337)    (323)

    Net gain (loss)
        Direct one-way                       (157)    (131)    (118)    (111)
        Direct two-way                        (24)     (17)     (15)     (13)
      Total direct                           (181)    (148)    (133)    (123)
        Indirect one-way                      (68)     (52)     (34)     (32)
        Indirect two-way                       (4)      (2)      (4)       1
      Total indirect                          (72)     (55)     (39)     (31)
    Total net change                         (252)    (203)    (172)    (154)

    Ending units in service
        Direct one-way                      3,678    3,547    3,429    3,318
        Direct two-way                        324      307      292      279
      Total direct                          4,002    3,854    3,721    3,598
        Indirect one-way                      535      483      449      417
        Indirect two-way                       96       94       89       90
      Total indirect                          631      577      538      507
    Total ending units in service           4,634    4,431    4,259    4,105

    (a) The third quarter 2005 unit in service adjustment has been reflected
    in the first quarter 2005 beginning units in service balance.
    (b) Slight variations in totals are due to rounding.



                              USA MOBILITY, INC.
                 AVERAGE REVENUE PER UNIT (ARPU) AND CHURN (a)
                                  (unaudited)


                                              For the three months ended
                                          3/31/05  6/30/05  9/30/05 12/31/05

    ARPU
      Direct one-way                        $8.65    $8.61    $8.48    $8.27
      Direct two-way                        23.98    23.65    24.28    23.76
    Total direct                             9.96     9.89     9.81     9.57

      Indirect one-way                       4.07     4.11     4.36     4.66
      Indirect two-way                       9.16     8.71     8.42     7.80
    Total indirect                           4.53     4.57     4.81     5.06

      Total one-way                          7.85     7.88     7.85     7.76
      Total two-way                         21.25    20.83    21.22    20.42
    Total paging ARPU                       $9.01    $9.02    $9.04    $8.90


    Gross disconnect rate (b)
      Direct one-way                        -7.5%    -6.8%    -6.4%    -6.7%
      Direct two-way                       -11.4%   -11.1%    -8.9%    -9.4%
    Total direct                            -7.8%    -7.2%    -6.6%    -6.9%

      Indirect one-way                     -23.8%   -22.0%   -13.6%   -15.3%
      Indirect two-way                     -10.2%    -9.7%    -6.4%    -7.2%
    Total indirect                         -22.6%   -20.8%   -12.8%   -14.4%

      Total one-way                        -10.4%    -9.4%    -7.5%    -8.0%
      Total two-way                        -11.1%   -10.8%    -8.4%    -9.0%
    Total paging gross disconnect rate     -10.5%    -9.5%    -7.6%    -8.1%


    Net gain / loss rate (c)
      Direct one-way                        -4.3%    -3.7%    -3.3%    -3.6%
      Direct two-way                        -5.8%    -3.8%    -4.5%    -4.8%
    Total direct                            -4.4%    -3.7%    -3.4%    -3.7%

      Indirect one-way                     -12.9%   -11.3%   -10.2%   -11.9%
      Indirect two-way                      -2.6%    -1.5%    -1.2%    12.2%
    Total indirect                         -12.0%   -10.4%    -9.2%    -9.1%

      Total one-way                         -5.9%    -5.0%    -4.4%    -4.8%
      Total two-way                         -5.2%    -3.4%    -3.9%    -1.4%
    Total paging net gain / loss rate       -5.8%    -4.9%    -4.3%    -4.5%

    (a) The third quarter 2005 unit in service adjustment has been
    reflected in the first quarter 2005 beginning units in service balance.
    (b) Gross disconnect rate is current period disconnected units divided
    by prior period ending units in service.
    (c) Net gain / loss rate is net current period placements and
    disconnected units in service divided by prior period ending units in
    service



                              USA MOBILITY, INC.
                 AVERAGE REVENUE PER UNIT (ARPU) AND CHURN (a)
                                  (unaudited)


                                              For the three months ended
                                          3/31/06  6/30/06  9/30/06 12/31/06

    ARPU
      Direct one-way                        $8.17    $8.06    $7.95    $7.86
      Direct two-way                        23.61    23.75    23.27    23.61
    Total direct                             9.44     9.32     9.16     9.09

      Indirect one-way                       4.53     4.59     4.49     4.56
      Indirect two-way                       6.93     6.99     6.53     6.63
    Total indirect                           4.89     4.97     4.82     4.92

      Total one-way                          7.69     7.63     7.54     7.49
      Total two-way                         19.85    19.87    19.35    19.55
    Total paging ARPU                       $8.80    $8.74    $8.60    $8.57


    Gross disconnect rate (b)
      Direct one-way                        -6.9%    -6.8%    -6.7%    -6.5%
      Direct two-way                       -11.1%    -9.8%    -9.8%    -9.5%
    Total direct                            -7.3%    -7.0%    -7.0%    -6.7%

      Indirect one-way                     -15.3%   -13.1%   -12.0%   -15.1%
      Indirect two-way                      -7.1%    -8.2%   -10.6%    -5.8%
    Total indirect                         -14.2%   -12.4%   -11.8%   -13.5%

      Total one-way                         -8.1%    -7.6%    -7.4%    -7.5%
      Total two-way                        -10.2%    -9.5%   -10.0%    -8.6%
    Total paging gross disconnect rate      -8.3%    -7.8%    -7.6%    -7.6%


    Net gain / loss rate (c)
      Direct one-way                        -4.1%    -3.6%    -3.3%    -3.2%
      Direct two-way                        -6.8%    -5.2%    -4.9%    -4.4%
    Total direct                            -4.3%    -3.7%    -3.5%    -3.3%

      Indirect one-way                     -11.3%    -9.8%    -7.1%    -7.1%
      Indirect two-way                      -3.5%    -2.6%    -4.5%     1.0%
    Total indirect                         -10.2%    -8.7%    -6.7%    -5.7%

      Total one-way                         -5.1%    -4.3%    -3.8%    -3.7%
      Total two-way                         -6.1%    -4.6%    -4.8%    -3.1%
    Total paging net gain / loss rate       -5.2%    -4.4%    -3.9%    -3.6%

    (a) The third quarter 2005 unit in service adjustment has been
    reflected in the first quarter 2005 beginning units in service balance.
    (b) Gross disconnect rate is current period disconnected units divided
    by prior period ending units in service.
    (c) Net gain / loss rate is net current period placements and
    disconnected units in service divided by prior period ending units in
    service



                               USA MOBILITY, INC.
                SUPPLEMENTAL INFORMATION BY CUSTOMER SEGMENT (a)
                                  (unaudited)


                                             For the three months ended
                                         3/31/06  6/30/06  9/30/06  12/31/06

    Gross placement rate
      Healthcare                            3.8%     4.5%     4.1%     4.2%
      Government                            2.2%     2.3%     2.6%     2.1%
      Large enterprise                      2.6%     3.0%     3.8%     3.9%
      Other                                 2.7%     3.0%     3.3%     3.1%
    Total direct                            2.9%     3.3%     3.5%     3.4%
    Total indirect                          4.0%     3.7%     5.1%     7.8%
    Total                                   3.1%     3.4%     3.7%     4.0%

    Gross disconnect rate
      Healthcare                           -4.6%    -4.7%    -5.3%    -4.6%
      Government                           -5.7%    -6.3%    -5.9%    -5.8%
      Large enterprise                     -7.7%    -7.4%    -6.9%    -6.8%
      Other                               -10.3%    -9.5%    -9.3%    -9.5%
    Total direct                           -7.3%    -7.0%    -7.0%    -6.7%
    Total indirect                        -14.2%   -12.4%   -11.8%   -13.5%
    Total                                  -8.3%    -7.8%    -7.6%    -7.6%

    Net loss rate
      Healthcare                           -0.7%    -0.2%    -1.1%    -0.4%
      Government                           -3.5%    -4.1%    -3.3%    -3.6%
      Large enterprise                     -5.1%    -4.3%    -3.0%    -2.9%
      Other                                -7.5%    -6.6%    -6.1%    -6.4%
    Total direct                           -4.3%    -3.7%    -3.5%    -3.3%
    Total indirect                        -10.2%    -8.7%    -6.7%    -5.7%
    Total                                  -5.2%    -4.4%    -3.9%    -3.6%

    End of period units in service % of
     total
      Healthcare                           29.0%    30.5%    31.5%    32.5%
      Government                           16.4%    16.4%    16.6%    16.5%
      Large enterprise                     10.2%    10.2%    10.1%    10.3%
      Other                                30.8%    29.9%    29.2%    28.4%
    Total direct                           86.4%    87.0%    87.4%    87.6%
    Total indirect                         13.6%    13.0%    12.6%    12.4%
    Total                                 100.0%   100.0%   100.0%   100.0%

    (a) Slight variations in totals are due to rounding.



                                USA MOBILITY, INC.
         SUPPLEMENTAL INFORMATION - DIRECT UNITS IN SERVICE AND CELLULAR
                                 ACTIVATIONS (a)
                                   (unaudited)


                                             For the three months ended
                                     12/31/05 3/31/06 6/30/06 9/30/06 12/31/06

    Account size ending units in
     service (000's)
      1 to 3 units                        388     358     327     300     275
      4 to 10 units                       221     203     188     175     163
      11 to 50 units                      527     489     456     426     398
      51 to 100 units                     285     265     249     238     226
      101 to 1,000 units                1,134   1,068   1,027     999     967
      >1,000 units                      1,628   1,619   1,608   1,582   1,568
    Total                               4,183   4,002   3,854   3,721   3,598

    End of period units in service %
     of total direct
      1 to 3 units                       9.3%    8.9%    8.5%    8.1%    7.7%
      4 to 10 units                      5.3%    5.1%    4.9%    4.7%    4.5%
      11 to 50 units                    12.6%   12.2%   11.8%   11.4%   11.1%
      51 to 100 units                    6.8%    6.6%    6.5%    6.4%    6.3%
      101 to 1,000 units                27.1%   26.7%   26.7%   26.9%   26.9%
      >1,000 units                      38.9%   40.4%   41.7%   42.5%   43.6%
    Total                              100.0%  100.0%  100.0%  100.0%  100.0%

    Account size net loss rate
      1 to 3 units                              -7.8%   -8.7%   -8.0%   -8.3%
      4 to 10 units                             -8.2%   -7.5%   -6.9%   -6.6%
      11 to 50 units                            -7.2%   -6.8%   -6.5%   -6.6%
      51 to 100 units                           -7.0%   -6.2%   -4.2%   -5.2%
      101 to 1,000 units                        -5.8%   -3.8%   -2.7%   -3.2%
      >1,000 units                              -0.5%   -0.7%   -1.6%   -0.9%
    Total                                       -4.3%   -3.7%   -3.5%   -3.3%

    Account size ARPU
      1 to 3 units                     $14.30  $14.02  $14.14  $14.07  $14.16
      4 to 10 units                     13.11   13.02   13.08   12.99   13.03
      11 to 50 units                    10.89   10.88   10.81   10.72   10.73
      51 to 100 units                    9.71    9.59    9.53    9.39    9.27
      101 to 1,000 units                 8.44    8.34    8.29    8.21    8.15
      >1,000 units                       8.19    8.18    8.05    7.89    7.88
    Total                               $9.57   $9.44   $9.32   $9.16   $9.09


    Cellular revenue
    Number of activations               8,682   6,829   6,969   6,374   5,818
    Revenue from cellular services
     (000's)                           $2,336  $2,026  $2,096  $1,728  $1,877

    (a) Slight variations in totals are due to rounding.



                              USA MOBILITY, INC.
         CONSOLIDATED OPERATING EXPENSES SUPPLEMENTAL INFORMATION (a)
                         (unaudited and in thousands)


                                               For the three months ended
                                         3/31/05   6/30/05   9/30/05  12/31/05

    Cost of products sold                $1,279      $929      $945    $1,330

    Service, rental and maintenance
      Lease payments for transmitter
       locations                         33,041    32,067    30,347    29,118
      Telecommunications related
       expenses                          10,286    11,821    10,585     9,614
      Payroll and related expenses        8,915     7,600     7,488     7,127
      Stock based compensation               97        52        43        68
      Other                               4,111     4,617     5,319     3,530
    Total service, rental and
     maintenance                         56,450    56,156    53,782    49,460

    Selling and marketing
      Payroll and related expenses        7,736     7,363     7,626     6,704
      Commissions                         2,261     3,058     2,731     2,266
      Stock based compensation               60        25        52        89
      Other                                 405       736       919     1,341
    Total selling and marketing          10,462    11,182    11,328    10,399

    General and administrative
      Payroll and related expenses       18,677    17,926    14,796    12,046
      Stock based compensation            1,228       519       176       423
      Bad debt                            1,527       963     2,440     3,899
      Facility expenses                   6,111     5,288     5,160     4,601
      Telecommunications                  2,898     2,416     2,495     2,292
      Outside services                    6,768     7,988     5,391     7,962
      Taxes, licenses and permits         5,309     4,855     6,169     2,871
      Other                               7,137     7,055     6,810     5,590
    Total general and administrative     49,655    47,010    43,437    39,682

    Depreciation, amortization and
     accretion                           40,595    35,224    28,876    26,633
    Severance and restructuring           5,137     9,904       855       713

    Operating expenses                 $163,578  $160,405  $139,223  $128,217

    Capital expenditures                  2,565     2,818     3,944     4,172

    (a) Slight variations in totals are due to rounding.



                              USA MOBILITY, INC.
         CONSOLIDATED OPERATING EXPENSES SUPPLEMENTAL INFORMATION (a)
                         (unaudited and in thousands)


                                               For the three months ended
                                         3/31/06   6/30/06   9/30/06  12/31/06

    Cost of products sold                  $786    $1,169    $1,184      $698

    Service, rental and maintenance
      Lease payments for transmitter
       locations                         26,099    25,021    24,314    24,204
      Telecommunications related
       expenses                           9,099     8,481     7,343     7,184
      Payroll and related expenses        7,046     6,578     6,517     6,136
      Stock based compensation               81        83        78        78
      Other                               5,767     4,606     4,237     4,167
    Total service, rental and
     maintenance                         48,092    44,769    42,489    41,770

    Selling and marketing
      Payroll and related expenses        7,709     7,317     6,996     6,902
      Commissions                         2,226     2,373     2,407     2,577
      Stock based compensation              171       166       178        56
      Other                                 953     1,263     1,348     1,262
    Total selling and marketing          11,059    11,118    10,929    10,797

    General and administrative
      Payroll and related expenses       12,330    11,412     9,517     9,286
      Stock based compensation              431       462       484       461
      Bad debt                            1,790     1,705     2,035     1,975
      Facility expenses                   4,104     3,973     3,467     3,408
      Telecommunications                  2,248     1,982     1,857     1,714
      Outside services                    6,419     5,631     6,162     7,123
      Taxes, licenses and permits         4,149     2,708     3,035      (501)
      Other                               4,670     4,335     4,436     5,068
    Total general and administrative     36,142    32,208    30,994    28,533

    Depreciation, amortization and
     accretion                           18,794    18,900    18,361    17,243
    Severance and restructuring             170       321       682     3,413

    Operating expenses                 $115,043  $108,485  $104,639  $102,454

    Capital expenditures                  4,424     4,595     5,153     6,819

    (a) Slight variations in totals are due to rounding.



                               USA MOBILITY, INC.
                    CONDENSED CONSOLIDATED BALANCE SHEETS (a)
                                 (in thousands)

                                                   12/31/05         12/31/06

    Assets
      Current assets:
        Cash and cash equivalents                   $37,547          $66,507
        Accounts receivable, net                     38,177           26,364
        Prepaid expenses and other                   10,660           12,294
        Deferred income tax assets                   18,895           18,399
      Total current assets                         $105,279         $123,564
      Property and equipment, net                   127,802           91,562
      Goodwill                                      149,478          159,438
      Intangible assets, net                         40,654           26,339
      Deferred income tax assets                    207,150          180,244
      Other assets                                    3,430            7,067
    Total assets                                   $633,793         $588,214

    Liabilities and stockholders' equity
      Current liabilities:
        Current maturities of long-term debt            $13             $-
        Accounts payable and accrued
         liabilities                                 65,719           63,979
        Distributions payable                           -                435
        Customer deposits                             3,104            2,250
        Deferred revenue                             17,924           16,194
      Total current liabilities                     $86,760          $82,858
      Other long-term liabilities                    14,040           29,384
    Total liabilities                              $100,800         $112,242
    Stockholders' equity:
      Preferred stock                                  $-               $-
      Common stock                                        3                3
      Additional paid-in capital                    521,298          475,969
      Retained earnings                              11,692              -
    Total stockholders' equity                      532,993          475,972
    Total liabilities and stockholders'
     equity                                        $633,793         $588,214

    (a) Slight variations in totals are due to rounding.



                                USA MOBILITY, INC.
               CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (a)
                                  (in thousands)


                                               For the year ended December 31,
                                                       2005             2006

    Cash flows from operating activities:
      Net income                                     $12,907          $40,181
      Adjustments to reconcile net income
       to net cash provided by operating
       activities:
        Depreciation, amortization and
         accretion                                   131,328           73,299
        Deferred income tax expense                    7,461           16,197
        Loss on extinguishment of long-term
         debt                                          1,338              -
        Amortization of deferred financing
         costs                                           714              -
        Amortization of stock based
         compensation                                  2,832            2,728
        Provisions for doubtful accounts
         and service credits                          25,055           17,204
        (Gain) loss on disposals of
         property and equipment                        1,287              601
      Changes in assets and liabilities:
        Accounts receivable                          (23,439)          (6,816)
        Prepaid expenses and other                     5,109             (395)
        Intangibles and other long-term
         assets                                        7,978           (2,746)
        Accounts payable and accrued
         expenses                                    (21,276)          (2,651)
        Customer deposits and deferred
         revenue                                      (6,911)          (2,584)
        Other long-term liabilities                   (5,129)          12,224
    Net cash provided by operating
     activities                                     $139,254         $147,242

    Cash flows from investing activities:
      Purchases of property and equipment            (13,499)         (20,990)
      Proceeds from disposals of property
       and equipment                                     168              200
      Receipts from long-term notes
       receivable                                        285            1,425
    Net cash used in investing activities           $(13,046)        $(19,365)

    Cash flows from financing activities:
      Repayment of long-term debt                    (95,045)             (13)
      Cash distributions                             (40,691)         (98,904)
      Exercise of options                                 80              -
    Net cash used in financing activities          $(135,656)        $(98,917)


    Net increase (decrease) in cash and
     cash equivalents                                 (9,448)          28,960
    Cash and cash equivalents, beginning of
     period                                           46,995           37,547
    Cash and cash equivalents, end of
     period                                          $37,547          $66,507

    Supplemental disclosure:
      Interest paid                                   $2,245              $34

    (a) Slight variations in totals are due to rounding.



                                USA MOBILITY, INC.
                 CONDENSED CONSOLIDATED RESULTS OF OPERATIONS (a)
                (in thousands, except share and per share amounts)


                                               For the year ended December 31,
                                                    2005                2006

    Revenue:
      Service, rental and maintenance
       revenues                                  $592,690            $476,138
      Product sales                                25,882              21,556
    Total revenues                                618,572             497,694

    Operating expenses:
       Cost of products sold                        4,483               3,837
       Service, rental and maintenance            215,848             177,120
       Selling and marketing                       43,371              43,902
       General and administrative                 179,784             127,877
       Depreciation, amortization and
        accretion                                 131,328              73,299
      Severance and restructuring                  16,609               4,586
    Total operating expenses                      591,423             430,621

    Operating income                               27,149              67,073

      Interest expense                             (2,412)                (34)
      Interest income                               1,089               3,902
      Loss on extinguishment of long-
       term debt                                   (1,338)                -
      Other income (expense), net                  (1,004)                800
    Income before income tax expense               23,484              71,741
      Income tax expense                          (10,577)            (31,560)
    Net income                                    $12,907             $40,181

    Basic net income per common share               $0.47               $1.47
    Diluted net income per common
     share                                          $0.47               $1.46

    Basic weighted average common
     shares outstanding                        27,275,040          27,399,811
    Diluted weighted average common
     shares outstanding                        27,427,120          27,582,377


    Reconciliation of operating income
     to EBITDA (b):
    Operating income                              $27,149             $67,073
    Add back: Depreciation,
     amortization and accretion                   131,328              73,299
    EBITDA                                       $158,477            $140,372


    (a) Slight variations in totals are due to rounding.
    (b) EBITDA or Earnings before interest, taxes, depreciation and
    amortization is a non-GAAP measure and is presented for analytical
    purposes only.

Contact: Bob Lougee (703) 721-3080

SOURCE USA Mobility, Inc.

Bob Lougee of USA Mobility, Inc., 1-703-721-3080

http://www.usamobility.com