Able Telcom Subsidiary Awarded $31 Million Contract From Bell South.WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Sept. 2, 1998--Able Telcom Holding Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABTE ABTE Advanced BiCMOS Technology/Enhanced Transceiver Logic (family of logic integrated circuits) ABTE applications barrier to entry ABTE Auto Body Technology (course) ) today announced that Dial Communications, Inc., a wholly-owned subsidiary, has been awarded a five-year construction and maintenance contract from Bell South valued at more than $31.3 million. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Frazier Gaines, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Able Telcom Holding Corp., the contract covers maintenance and construction projects in Bell South's Daytona, Gainesville, Lake City and Brookesville, Florida service areas. Able Telcom Holding Corporation provides design, installation, maintenance and systems integration services for advanced voice, data and video communications networks throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally, primarily in Latin America. -0- Statements about the company's future expectations, including future revenue and earnings, and all other financial statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of theSecurities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets and profitability, the company's actual results could differ materially from expected results.
CONTACT: Eskew and Associates
Scott Eskew
(561) 681-4858.
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