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Davel Communications, Inc. Reports Senior Management and Board Changes.


Business Editors

CLEVELAND--(BUSINESS WIRE)--Sept. 5, 2003

Davel Communications, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DAVL DAVL Data Available-Low ) (the "Company") today announced that, effective August 29, 2003, Mr. Woody McGee, of McGee and Associates, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. has replaced Mr. John Chichester The of this article or section may be compromised by "peacock terms".
You can help Wikipedia by removing peacock terms.
 as Chief Executive Officer of the Company. Mr. McGee has served Davel in a senior management capacity as a consultant since December 2002, and has become well regarded as a "turn-around" specialist, with over 30 years of experience in leading the restructuring of more than 15 different companies over that time. Mr. McGee was also elected as a member of the Board of Directors to succeed Mr. Bruce Renard, who had announced in June 2003 his intention to resign from the Board at the end of August. Mr. Renard tendered his resignation in conjunction with his assuming the Executive Director/President posts with the Florida Public Telecommunications Association ("FPTA FPTA Florida Physical Therapy Association
FPTA Field-Programmable Transistor Array
FPTA Florida Public Telecommunications Association
FPTA Federation of Paper Traders Association (India)
FPTA Frequency Pilot Time Average
") and its for-profit subsidiary, FPTA-Technologies. Mr. Chichester has resigned his position as a member of the Board of Directors of the Company. Mr. Renard will continue to be available to consult with the Company on legal and regulatory affairs Regulatory Affairs (RA), also called Government Affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory Affairs professionals usually have responsibility for the following general areas:
.

Mr. James Chapman James Chapman could be:
  • James Chapman (explorer) (1831-1872)
  • James Chapman (author) (born 1955), American novelist
  • James Chapman (historian), British media historian
  • James Chapman (Bishop of Colombo) (born 1799), First Anglican Bishop of Colombo
, a member of the Davel board, stated: "The independent payphone payphone
Noun

a coin-operated telephone

payphone pay nMünztelefon nt;
(card phone) → Kartentelefon nt

 industry in general, and Davel in particular, have been confronted with numerous financial and operational challenges over these past few years. The appointment of Mr. McGee introduces an individual with significant experience outside of the industry, which the Company's board and significant stakeholders have been seeking. With Mr. McGee at the helm, Davel should now be well positioned to evolve with the rapidly changing public communications market and address the financial issues that have previously constrained the Company."

Mr. McGee commented: "I am honored to have been asked to lead the Davel team and I intend to immediately begin maximizing the significant assets and market position that this Company is fortunate enough to hold. I am very familiar with the circumstance in which Davel now finds itself, having confronted similar conditions in the past, and I look forward to beginning to redirect the organization toward a more positive course. The recent Northeast U.S. power outage demonstrated the continued importance of public payphones, which worked when cellular service did not. As the leading independent provider of payphone service in the U.S., I understand the importance of what we do--and will work hard to place the business on a more solid financial and operational footing."

Founded in 1979, the Company is the largest independent provider of pay telephones and related services in the United States, with operations in 48 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The Company serves a wide array of customers operating principally in the shopping center, hospitality, health care, convenience store, university, service station, retail and restaurant markets.

Forward-Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the Company's 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, 2002 and its Form 10-Q Form 10-Q

See 10-Q.
 for the quarter ended June 30, 2003 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.
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Publication:Business Wire
Date:Sep 5, 2003
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