Iowa Telecom Announces New Members to Company's Board of Directors.NEWTON, Iowa -- Iowa Telecommunications Services, Inc. (NYSE NYSE See: New York Stock Exchange :IWA IWA International Water Association IWA International Webmasters Association IWA Inland Waterways Association (UK) IWA International Windsurfing Association IWA Williams-Gateway Airport ) today announced that during its regularly scheduled board meeting on August 2, 2005, Craig A. Lang and Kendrik E. Packer were elected to the company's Board of Directors, effective immediately. Mr. Lang has been the president of the Iowa Farm Bureau Federation (IFBF IFBF Iowa Farm Bureau Federation ) since 2001 and has been affiliated with the IFBF board since 1992 when he was elected as a district representative. In addition, he also serves as chairman of the board of FBL FBL Full Bell Lines (coin grading) FBL Fly by Light FBL FIATA Bill of Lading FBL Functional Baseline FBL Foundation for a Better Life FBL Federal Barge Lines, Inc. Financial Group, Inc. (NYSE:FBL) and as president of Farm Bureau Life Insurance. Mr. Lang also serves on the Iowa Department of Economic Development board and the American Farm Bureau Federation The American Farm Bureau Federation (AFBF) is a nonprofit, nonpartisan organization dedicated to promoting, protecting, and representing the interests of U.S. farmers. More than five million members in 50 states and Puerto Rico belong to the AFBF, making it the largest U.S. board of directors, representing the Midwest Region, and is director of Farm Bureau Bank. For six years, he served as a director on the GROWMARK board and three years as a director on the Cattlemen's Beef Board. He is also past chairman of the Iowa Values Fund Board. Mr. Packer is a Managing Partner with Financial Advisory Partners, Inc., which he founded in 1997, where he consults with clients on merger and acquisition transactions and private financings. Prior to forming Financial Advisory Partners, Mr. Packer held several positions in corporate finance since 1984, including serving as a senior vice president with Everen Securities, Kemper Securities and R.G. Dickinson & Company. Alan L. Wells, Iowa Telecom president and chief executive officer, stated, "The addition of Craig Lang and Ken Packer to our Board brings two experienced, well-respected Iowa business leaders to our Board of Directors. We are extremely pleased both have accepted the offer to join our Board, and look forward to their contributions to our future success." About Iowa Telecom Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) is a telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. that offers local telephone, long distance, Internet, broadband and network access services to business and residential customers. Today, the Company serves over 440 communities and employs over 600 people throughout the State of Iowa. The Company's headquarters are in Newton, Iowa. The Company trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol IWA. For further information regarding Iowa Telecom, please go to www.iowatelecom.com and select "Investor Relations Investor relations The process by which the corporation communicates with its investors. ." The Iowa Telecom logo is a registered trademark of Iowa Telecommunications Services, Inc. in the United States. |
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