WVT Communications Group Declares Dividend
17 Agosto 2012 - 4:00PM
Marketwired
The Board of Directors of Warwick Valley Telephone Company (NASDAQ:
WWVY), referred to as WVT Communications Group or the Company, the
parent company of leading cloud communications pioneers, declared a
regular quarterly dividend of $0.27 per share on the Company's
common stock. The dividend is payable on September 28, 2012 to
shareholders of record as of September 18, 2012.
In addition, the Board of Directors declared the regular
quarterly dividend of $1.25 per share on the outstanding 5,000
shares of the Company's 5% preferred shares to be paid on September
28, 2012 to shareholders of record as of September 18, 2012.
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. 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.
Investor contact: Jordan Darrow Darrow Associates, Inc.
(631) 367-1866 jdarrow@darrowir.com PR Contact: Melissa
Lande Lande PR 212-706-9003 mlande@landepr.com
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