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| April 18, 2005 09:07 PM EDT | Reads: |
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WEST POINT, Ga., April 18 /PRNewswire-FirstCall/ -- ITC^DeltaCom, Inc. , a leading provider of integrated communications services to customers in the southeastern United States, today announced that Richard E. Fish has been appointed the Company's Chief Financial Officer. Mr. Fish joined ITC^DeltaCom in February 2005 as Chief Administrative Officer and brings more than seventeen years of diverse financial and strategic management, business development and operational experience to the Company.
Before joining the Company, Mr. Fish served from November 2000 to October 2004 as Executive Vice President and Chief Financial Officer for ICG Communications, Inc., a telecommunications service provider. Prior to assuming that role, Mr. Fish served from September 1999 to November 2000 as ICG's Senior Vice President of Finance. Before his service with ICG, Mr. Fish served from 1994 to 1999 in various finance, regulatory, operational and business development positions with AT&T Local Services and Teleport Communications Group, a telecommunications service provider that became a subsidiary of AT&T. Prior to his service with AT&T and Teleport Communications Group, Mr. Fish was employed as a certified public accountant at the accounting firm of Arthur Andersen & Co.
"Rich brings a wealth of proven telecommunications experience in both finance and operations to ITC^DeltaCom and he was instrumental in the restructuring of the Company's senior debt last month," said Randall E. Curran, ITC^DeltaCom's Chief Executive Officer. "Having worked with him at ICG, I know he will bring a fresh perspective and committed leadership to ITC^DeltaCom."
Douglas A. Shumate resigned as Chief Financial Officer at the time of Mr. Fish's appointment. "Doug is a highly talented and dedicated executive who has been an integral part of the team that built ITC^DeltaCom these past fourteen years," said Mr. Curran. "I know he's looking forward to pursuing new challenges and we wish him the best."
ABOUT ITC^DELTACOM, INC.
ITC^DeltaCom, headquartered in West Point, Ga., provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and consumers in the southeastern United States. ITC^DeltaCom has a fiber optic network spanning approximately 14,500 route miles, including more than 10,900 route miles of owned fiber, and offers a comprehensive suite of voice and data communications services, including local, long distance, enhanced data, Internet, colocation and managed services, and sells customer premise equipment to end-user customers. The Company operates approximately 29 voice switches and 74 data switches, and is one of the largest competitive telecommunications providers in its primary eight-state region. ITC^DeltaCom has interconnection agreements with BellSouth, Verizon, SBC, CenturyTel and Sprint for resale and access to unbundled network elements and is a certified competitive local exchange carrier (CLEC) in Arkansas, Texas, Virginia and all nine BellSouth states. For more information about ITC^DeltaCom, visit the Company's Web site at http://www.itcdeltacom.com/ .
FORWARD-LOOKING STATEMENTS
Except for the historical and present factual information contained herein, this 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. When used in this release, the words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions as they relate to ITC^DeltaCom, Inc. or its management are intended to identify these forward-looking statements. All statements by the Company regarding its expected financial position, revenues, liquidity, cash flow and other operating results, business strategy, financing plans, forecasted trends related to the markets in which it operates, legal proceedings and similar matters are forward-looking statements. The Company's actual results could be materially different from its expectations because of various risks. These risks, some of which are discussed under the caption "Business-Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2004, and in subsequent reports, include the Company's debt service and other cash requirements, liquidity constraints, dependence upon rights of way and other third-party agreements, dependence on new product development, rapid technological and market change, and risks related to future growth and rapid expansion. Other important risk factors that could cause actual events or results to differ from those contained or implied in the forward-looking statements include, without limitation, customer reductions in services, delays or difficulties in deployment and implementation of colocation arrangements and facilities, appeals of or failures by third parties to comply with rulings of governmental entities, inability to meet installation schedules, general economic and business conditions, failure to maintain underlying service/vendor arrangements, competition, adverse changes in the regulatory or legislative environment, and various other factors beyond the Company's control. ITC^DeltaCom disclaims any responsibility to update these forward-looking statements.
Investor Contact: Media Contact: Richard E. Fish Lee Kimball Chief Financial Officer Vice President, Marketing (256) 382-3827 (919) 863-7149 richard.fish@itcdeltacom.comlee.kimball@itcdeltacom.com
ITC^DeltaCom, Inc.CONTACT: Investor Richard E. Fish, Chief Financial Officer,
+1-256-382-3827, or richard.fish@itcdeltacom.com , or Media, Lee Kimball, Vice
President, Marketing, +1-919-863-7149, or lee.kimball@itcdeltacom.com , both
of ITC^DeltaCom, Inc.
Web site: http://www.itcdeltacom.com/
Published April 18, 2005 Reads 17,943
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