Alteva Elevates Brand With Ticker Symbol Change
WARWICK, NY, Feb 04, 2013 (MARKETWIRE via COMTEX) --
Warwick Valley Telephone Company, doing business as Alteva (NYSE
MKT: ALTV), a leading cloud communications pioneer, announced that
effective with the start of trading today its stock ticker symbol
will be ALTV on the NYSE MKT. The stock previously traded under the
symbol WVT. The ticker symbol change is part of the Company's
strategy to unite its branding and benefit from its continued
investment in enhancing the Alteva name, which is recognized for high
quality and innovative cloud-based Unified Communications solutions.
As previously announced, an official corporate name change to Alteva
will be effective upon receipt of shareholder approval, further
reflecting the single unified brand.
Alteva (previously referred to as 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 around the
globe. Alteva continues to forge the new model that communications
providers, large and small, are striving to emulate. Alteva continues
to integrate new innovations with proven technology from industry
leaders like Microsoft, Cisco, BroadSoft, Level 3, and Polycom to
provide best-in-class hosted unified communications solutions.
Alteva is enabling businesses of any size to communicate more
efficiently with hassle-free communications tools. By overlaying a UC
division on its stable, regional broadband company, Alteva has
positioned itself in front of its peer group of companies and created
an evolutionary change in its strategy. Visit www.wvtcg.com or call
855-U-GO-CLOUD for more information.
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. Alteva 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 Alteva'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 Alteva operates;
industry capacity; demographic changes; technological changes and
changes in consumer demand; the successful integration of Alteva'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 Alteva
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, Alteva 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
Alteva's Annual Report on Form 10-K and other periodic filings with
the U.S. Securities and Exchange Commission.
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