US LEC Presents at the Jefferies 4th Annual Communications Conference
07 September 2006 - 4:00PM
PR Newswire (US)
CHARLOTTE, N.C., Sept. 7 /PRNewswire-FirstCall/ -- US LEC Corp.
(NASDAQ:CLEC), a full-service provider of IP, data and voice
solutions to businesses and enterprise organizations throughout the
Eastern United States, will be participating in the Jefferies 4th
Annual Communications Conference in New York City on September 11,
2006. J. Lyle Patrick, executive vice president and chief financial
officer of US LEC commented, "US LEC has continued to successfully
execute a solid business plan. Our progress in the second quarter
was highlighted by achieving record end-customer revenues of $93
million, EBITDA of $15 million and an industry leading outstanding
monthly retention rate of over 99%. In addition, we have continued
to expand the availability of our data product portfolio throughout
our footprint. Presenting at this important industry event gives us
a great opportunity to highlight our success to those looking to
invest in the competitive carrier space." In addition, there will
be a discussion of the pending merger with PAETEC Communications
that is scheduled to close in the fourth quarter of this year. A
live broadcast of the presentation will be available online at
http://www.uslec.com/. To listen to the presentation, which is
scheduled to begin at 1:45 PM Eastern Time, please visit the web
site at least 15 minutes prior to the start time to download and
install any necessary audio software. About US LEC Based in
Charlotte, N.C., US LEC is a full service provider of IP, data and
voice solutions to medium and large businesses and enterprise
organizations throughout 16 Eastern states and the District of
Columbia. US LEC offers advanced, IP-based, data and voice services
such as MPLS VPN and Ethernet, as well as comprehensive Dynamic
T(SM) VoIP-enabled services and features. The company also offers
local and long distance services and data services such as frame
relay, Multi-Link Frame Relay and ATM. US LEC provides a broad
array of complementary services, including conferencing, data
backup and recovery, data center services and Web hosting, as well
as managed firewall and router services for advanced data
networking. US LEC also offers selected voice services in 27
additional states and provides enhanced data services, selected
Internet services and MegaPOP(R) (local dial-up Internet access for
ISPs) nationwide. For more information about US LEC, visit
http://www.uslec.com/ Except for the historical information
contained herein, this report contains forward-looking statements,
subject to uncertainties and risks, including the demand for US
LEC's services, the ability of the Company to introduce additional
products, the ability of the Company to successfully attract and
retain personnel, competition in existing and potential additional
markets, uncertainties regarding its dealings with ILECs and other
telecommunications carriers and facilities providers, regulatory
uncertainties, the possibility of adverse decisions related to
reciprocal compensation and access charges owing to the Company, as
well as the Company's ability to begin operations in additional
markets. These and other applicable risks are summarized in the
"Caution Regarding Forward-Looking Statements" and "Risk Factors"
sections and elsewhere in the Company's Annual Report on Form 10-K
for the period ended December 31, 2005, and in subsequent reports,
which are on file with the Securities and Exchange Commission. US
LEC is a registered service mark of US LEC Corp. US LEC and Design
(R) is a registered service mark and trademark of US LEC Corp.
StarNet(TM) and MegaPOP(R) are service marks of US LEC Corp. Media
Contact, Brian Crenshaw, 704-319-6875, , or Investor Contact, James
Stawski, 704-319-1189, DATASOURCE: US LEC Corp. CONTACT: Media,
Brian Crenshaw, +1-704-319-6875, or , or Investors, James Stawski,
+1-704-319-1189, or , both of US LEC Corp. Web site:
http://www.uslec.com/
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