WVT Communications Group Commences Trading on NYSE MKT With New Ticker Symbol of WVT
06 Novembre 2012 - 2:30PM
Marketwired
Warwick Valley Telephone Company (referred to as WVT Communications
Group or the Company), the parent company of leading cloud
communications pioneers, today announced the transfer of the
listing of its common stock from the NASDAQ Global Market to the
NYSE Euronext's NYSE MKT. The Company's common stock commenced
trading today on the NYSE MKT with the new ticker symbol of "WVT"
(NYSE MKT: WVT). The common shares will no longer be traded on
NASDAQ or with the ticker symbol WWVY (NASDAQ: WWVY).
About WVT Communications Group: WVT
Communications Group is a world technology leader in providing
cloud-based Unified Communications (UC) solutions for small, medium
and enterprise businesses. The Company has maintained a tradition
of paying dividends to shareholders for 104 consecutive years.
Founded in 1902, the Company has continued to adapt and remain on
the forefront of technology, chiseling its position among the most
stable and respected communications vendors on the globe. Moving
forward, it is forging the new model that communications providers,
large and small, are striving to emulate. WVT Communications Group
is merging new innovations, such as those from Alteva and USA
Datanet, with proven technology from industry leaders like
Microsoft, Cisco, BroadSoft, Panasonic, and Polycom to build the
ideal hosting architecture for communications.
Through its USA Datanet (targeting businesses under 35
employees), Alteva (targeting businesses over 35 employees and
those with branch offices), and Warwick Valley Telephone (a
highly-respected traditional telecom provider turned premier
regional broadband company) businesses, WVT Communications Group is
enabling businesses of any size to communicate more efficiently
with hassle-free communications tools. By overlaying a UC division
on its stabile, regional broadband company, WVT Communications
Group has positioned itself in front of its peer legacy telecom
companies and created an evolutionary change in its strategy. With
this, the Company may offer its residential customers a similar
suite of UC applications and services for use in a home environment
that its business customers can enjoy. Visit www.wvtcg.com or call
855-U-GO-CLOUD.
All trademarks are the properties of their respective
owners.
Safe Harbor Statement
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, including
statements, without limitation, regarding expectations, beliefs,
intentions or strategies regarding the future. WVT Communications
Group intends that such forward-looking statements be subject to
the safe-harbor provided by the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
WVT Communications Group's actual results, performance or
achievements or industry results to be materially different from
any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include,
among others, the following: general economic and business
conditions, both nationally and in the geographic regions in which
WVT Communications Group operates; industry capacity; demographic
changes; technological changes and changes in consumer demand; the
successful integration of WVT Communication Group's acquired
businesses; existing governmental regulations and changes in, or
the failure to comply with, governmental regulations; legislative
proposals relating to the businesses in which WVT Communication
Group operates; reduction in cash distributions from the Orange
County-Poughkeepsie Limited Partnership; competition; or the loss
of any significant ability to attract and retain qualified
personnel. Given these uncertainties, current and prospective
investors should be cautioned in their reliance on such
forward-looking statements. Except as required by law, WVT
Communications Group disclaims any obligation to update any such
factors or to publicly announce the results of any revision to any
of the forward-looking statements contained herein to reflect
future events or developments. A more comprehensive discussion of
risks, uncertainties and forward-looking statements may be seen in
WVT Communications Group's Annual Report on Form 10-K and other
periodic filings with the U.S. Securities and Exchange
Commission.
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