CTC Announces Expanded Agenda for Today's Investor Conference Call.Business/Technology Editors WALTHAM, Mass.--(BUSINESS WIRE)--April 18, 2000 --Focus is on Fully Funded Strategic Initiatives and Tactical Plan Execution-- CTC CTC - Cornell Theory Center Communications Group (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 : CPTL CPTL Compagnie des Pétroles Total Libye (Total SA Group Affiliates) CPTL Center for Trade Policy and Law (Carleton University; Ottawa, Canada) )--a rapidly expanding provider of state-of-the-art integrated communications solutions for medium-to-large enterprises in the Northeast 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. - announced that today's investor conference call will include the Company's strategic and tactical initiatives that address the emerging communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. of the future, marketplace opportunity and the Company's plans to provide the technology, applications and skill sets necessary to keep pace with business customer needs and capture market opportunity. Robert J. Fabbricatore, Chairman 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. of CTC said, "Over the past two years, CTC has built a major business customer franchise, deployed a state-of-the art, broadband packet network and put some great numbers on the scoreboard. The Company has accomplished this through its customer focus, technological expertise and high-quality execution. To date, deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and technological advances have fueled the emergence of broadband networking, packet switching, converged services, Internet and web-based applications that are changing the telecommunications landscape significantly. However, this is just the beginning of the profound transformation." Fabbricatore continued, "The agenda for today's conference call will be to present the Company's strategies and growth initiatives that address this transformation and the market opportunities they present. Also included will be a discussion as to how the Company's recent announcements regarding financing, geographical expansion and strategic initiatives tie together and provide the cornerstones for CTC's tactical execution plans which focus on enabling its customers to transition to, and excel in, the emerging new world of web based communications, information transfer and e-business." CTC's conference call is today, Tuesday April 18, 2000, at 1:00PM ET for investors and other interested parties. The conference call number is 800-865-4460. The call will be recorded and made available at 877-375-5694 until the close of business on April 20, 2000. About CTC Communications CTC is a rapidly growing, full-service Integrated Communications Provider (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ) delivering converged voice, data, Internet and video solutions to medium and larger business customers in the most robust telecommunications region in the world--the Washington D.C. to Boston corridor. Recently designated by Bloomberg Personal Finance Magazine as one of the top "one hundred fastest growing U.S. technology companies," CTC was serving more than 12,000 customers with 269,000+ access lines as of December 31, 1999. Central to the Company's performance and future growth is its Cisco-powered IP+ATM Integrated Communications Network (ICN ICN International Council of Nurses. ) named IntelliNET(SM), which is deployed across 8 contiguous northeast states. CTC markets its full portfolio of services through its over 400 member sales and service representatives located in 30 branch offices throughout the New England States, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, Pennsylvania and Maryland. The Company, through its dedicated commitment to exceptional customer service, has achieved an industry-leading market share in the northeast and an industry-leading line retention rate in excess of 99 percent. CTC can be found on the worldwide web at www.ctcnet.com The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are, accordingly, cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. Additional information about these risks and uncertainties is set forth in the Company's most recent report on Form 10-Q Form 10-Q See 10-Q. . CTC undertakes no obligation to release publicly the results of any revisions to these forward-looking statements that may be made to reflect results, events or circumstances after the date hereof. |
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