MANKATO, Minn. – Dec. 3, 2012 – HickoryTech Corporation (NASDAQ:HTCO, news, filings) today announced it has been awarded a two-year contract extension to provide Internet, data, VoIP and video conferencing services to 64 schools and cooperative education agencies within a distance-learning network spanning across a 12-county region in south central Minnesota. SOCRATES (South Central Regional Area Telecommunications Systems), a program of the South Central Service Cooperative located in North Mankato, provides learning institutions in south central Minnesota with data and video connectivity that allows for innovative instruction techniques and educational experiences for students and educators.
The new two-year, multimillion dollar contract will be effective July 1, 2013. Within this new agreement, HickoryTech will increase Internet bandwidth at 12 library sites.
“We are pleased to continue our relationship with HickoryTech for these network services,” said Glenn Morris, director of SOCRATES. “HickoryTech has provided us with a great service and a strong support team which has resulted in an overwhelmingly positive response from our members. The services have also allowed us to enrich our educational offerings to students in a cost effective manner.”
“HickoryTech is pleased to continue this partnership with SOCRATES and all of its member schools and libraries,” said Mike Olsen, sales director at HickoryTech. “Technology is a critical educational tool for teaching and learning and we are pleased that SOCRATES continues to entrust in our partnership to provide technology solutions to its members.”
About HickoryTech HickoryTech Corporation is a leading communications provider serving business and residential customers in the upper Midwest. With headquarters in Mankato, Minn., HickoryTech has 500 employees and a five-state fiber network spanning 3,250 route miles across Minnesota and into Iowa, North Dakota, South Dakota and Wisconsin. HickoryTech’s Enventis subsidiary provides business IP voice, data and video solutions, MPLS networking, data center and managed hosted services and communication systems. HickoryTech delivers broadband Internet, Digital TV, voice and data services to businesses and consumers in southern Minnesota and northwest Iowa. The Company trades on the NASDAQ, symbol: HTCO. For more information, visit www.hickorytech.com.
Forward looking statement Certain statements included in this press release that are not historical facts are “forward-looking statements.” Such forward-looking statements are based on current expectations, estimates and projections about the industry in which HickoryTech operates and management’s beliefs and assumptions. The forward-looking statements are subject to uncertainties. These statements are not guarantees of future performance and involve certain risks, uncertainties and probabilities. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. HickoryTech undertakes no obligation to update any of its forward-looking statements, except as required by federal securities.
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