Connecticut Water Service, Inc. Appoints Heather Hunt as Director.CLINTON, Conn. -- The Board of Directors of Connecticut Water Service, Inc. (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 : CTWS CTWS Confederated Tribes of Warm Springs ) announces the appointment of Heather Hunt to the Board effective June 30, 2006. Heather Hunt, 40, is an attorney whose regulatory law practice in Stratford, Connecticut Stratford is a town in Fairfield County, Connecticut, United States, located on Long Island Sound at the mouth of the Housatonic River. It was founded by Puritans in 1639. The population was 49,976 at the 2000 census. focuses on utility and energy matters. She is also managing member of the w. h. Robert & h. f. Hunt, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a state and federal government relations consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . Prior to establishing her practices, Ms. Hunt was United Technologies Corporation's Director of State and Local Government Affairs, and Vice President of Regulatory and Public Policy at Southern Connecticut Gas. In addition, she has served as a Commissioner at both the Connecticut Department of Public Utility Control and the Maine Public Utility Commission. Marshall T. Chiaraluce, Connecticut Water's Chairman, said "Heather brings to our Board her vast experience in utility regulatory and public policy matters. Her knowledge in these fields will contribute substantially to the Board's deliberations and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. ." Connecticut Water Service, Inc. is a non-operating holding company listed on the NASDAQ Global Select Market under the symbol CTWS. Through its regulated water utility subsidiary, The Connecticut Water Company, CTWS serves about 82,000 customers or a population of approximately 278,000 people in 41 Connecticut towns. This press release may contain certain forward-looking statements regarding the Company's results of operations and financial position. These forward-looking statements are based on current information and expectations, and are subject to risks and uncertainties, which could cause the Company's actual results to differ materially from expected results. Our water companies are subject to various federal and state regulatory agencies state regulatory agency A state body responsible for establishing professional standards, and for certifying professionals or organizations through appropriate documentation concerning water quality and environmental standards. Generally, the water industry is materially dependent on the adequacy of approved rates to allow for a fair rate of return on the investment in utility plant. The ability to maintain our operating costs operating costs npl → gastos mpl operacionales at the lowest possible level while providing good quality water service is beneficial to customers and stockholders. Profitability is also dependent on the timeliness of rate relief, to be sought from, and granted by, the DPUC DPUC Department of Public Utility Control (Connecticut) , when necessary, and numerous factors over which we have little or no control, such as the quantity of rainfall and temperature, industrial demand, financing costs, energy rates, tax rates, and stock market trends which may affect the return earned on pension assets, and compliance with environmental and water quality regulations. The profitability of our other revenue sources is subject to the amount of land we have available for sale and/or donation, the demand for the land, the continuation of the current state tax benefits relating to the donation of land for open space purposes, regulatory approval of land dispositions, the demand for telecommunications antenna site leases and the successful extensions and expansion of our service contract work. We undertake no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. |
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