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Press Release -- October 24th, 2011
Source: Enventis
Tags: Earnings, MPLS

HickoryTech Named One of Forbes 100 Best Small Companies

HickoryTech is one of six Minnesota Companies on Forbes List

MANKATO, Minn., Oct. 24, 2011HickoryTech Corporation (NASDAQ:HTCO, news, filings), a leading regional telecommunications provider, today announced it has been named by Forbes as one of the Best Small Companies in America.  Forbes ranked HickoryTech number 83 on the list, one of five telecom companies and one of six Minnesota companies to make the list.

“We are honored to be included on Forbes’ 100 Best Small Companies in America list,” said John Finke, HickoryTech’s president and chief executive officer.  “We thank our loyal customers and dedicated employees for contributing to our success and helping to transform HickoryTech from a local telephone company into a leading regional communications solution provider.”

The rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over the past five years.  Companies must have been publicly traded for at least a year, have annual revenue between $5 million and $1 billion, and a stock price no lower than $5 a share. To access the full list, visit www.forbes.com/best-small-companies.

About HickoryTech
HickoryTech Corporation is a leading communications provider serving business and residential customers in the upper Midwest.  With headquarters in Mankato, Minn., the corporation has 460 employees and an expanded, multi-state fiber network spanning more than 2,750 route miles serving Minnesota, Iowa, North Dakota and South Dakota.  Enventis provides IP-based voice and data solutions, MPLS networking, data center and managed hosted services and communication systems to businesses across a five-state region.  HickoryTech delivers broadband Internet, Digital TV, voice and data services to businesses and consumers in southern Minnesota and northwest Iowa.  NASDAQ:  HTCO. For more information, visit www.hickorytech.com.

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