NOME, N.D., June 26, 2014 /PRNewswire/ -- ICTC Group, Inc. ("ICTC"; Pink Sheets: ICTG) announced today that Daniel M. Miller has joined its Board of Directors.
Mr. Miller is a Managing Director of GAMCO Investors, Inc. ("GAMCO", NYSE: GBL), and Chairman of G.Research, Inc., GAMCO's institutional brokerage affiliate. Dan is also portfolio manager of the Gabelli Focus Five Fund. He joined GAMCO in 2002 after graduating Magna Cum Laude from the University of Miami.
Thomas J. Hearity, ICTC's Chairman and Chief Executive Officer, said, "We are delighted to have someone with Dan's entrepreneurial spirit join the Board of ICTC as we enter a new phase of growth targeting the infrastructure demands of North Dakota."
Mr. Miller noted: "I am looking forward to collaborating with the ICTC team to identify new areas of opportunity that will leverage already strong customer relationships and operating expertise. The need for improved high speed data, telecom services, and other infrastructure throughout North Dakota represents a very attractive area for investment."
ICTC is a holding company with subsidiaries in voice, broadband and other telecommunications services that may seek acquisitions, principally in its existing business areas.
This release contains certain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. It should be recognized that such information is based upon certain assumptions, projections and forecasts, including without limitation business conditions and financial markets, regulatory and other approvals, and the cautionary statements set forth in documents filed by ICTC on its website, http://www.ictcgroup.net. As a result, there can be no assurance that any possible transactions will be accomplished or be successful or that financial targets will be met, and such information is subject to uncertainties, risks and inaccuracies that could be material.
ICTC is listed on the Pink Sheets ® under the symbol ICTG. Its World Wide Web address is http://www.ictcgroup.net.
SOURCE ICTC Group, Inc.