Alaska Communications Systems Launches Fiber Facility Marine Survey.ANCHORAGE, Alaska -- Alaska Communications Systems This article is about the current telecommunications company. For the historical "Alaska Communications System", see AT&T Alascom. Alaska Communications Systems, (or ACS) is a telecommunications corporation, headquartered in Anchorage, Alaska. Group, Inc. ("ACS (Asynchronous Communications Server) See network access server. ") (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 :ALSK), today announced continuing progress on its fiber facility project to link Alaska to the Pacific Northwest. Saturday, August 25th, will mark the launch of the project's marine survey, beginning in Anchorage. "This is an important milestone for our project of building a fiber link between Alaska and the Pacific Northwest," said Liane li·an·a also li·ane n. Any of various climbing, woody, usually tropical vines. [Alteration of French liane, probably from lier, to bind, from Old French; see liable.] Pelletier, ACS president, chief executive officer and chair. "This strategic investment will serve Alaska with the newest technology and a diverse route." The survey process begins with the exploration of routes between Anchorage and the Kenai Peninsula, progressing south towards Southeast Alaska, and concludes in the Pacific Northwest. ACS has previously announced an anticipated commercial launch date for the fiber facility of early 2009. About Alaska Communications Systems ACS is the leading integrated communications provider in Alaska, offering local telephone service, wireless, long distance, data, and Internet services to business and residential customers throughout Alaska. More information can be found on the company's website at www.acsalaska.com or at its investor site at www.alsk.com. Forward-Looking Statements This press release includes certain "forward-looking statements," 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. These forward-looking statements are based on management's beliefs as well as on a number of assumptions concerning future events made using information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance or a commitment to make any further investment other than the marine survey described above. Factors that may affect future events subject to the forward-looking statements in this press release are, without limitation, whether the company undertakes the strategic investment described above as well as the company's ability to complete, manage, integrate, market, maintain, and attract sufficient customers to the products and services it may derive from this strategic investment. The company cannot assure you that the strategic investment, if made, will generate sufficient revenue at acceptable cost. For further information regarding risks and uncertainties associated with ACS' business, please refer to the company's SEC filings, including, but not limited to, the sections entitled "Risk Factors" and "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations" in our annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2006, and on Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30, 2007. Copies of the company's SEC filings may be obtained by contacting its investor relations Investor relations The process by which the corporation communicates with its investors. department at 907-564-7556 or by visiting its investor relations website at www.alsk.com. |
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