SOURCE: Legacy Communications Corporation

January 17, 2007 08:30 ET

Legacy Purchases AM Station at Tonopah, Nevada

ST. GEORGE, UT -- (MARKET WIRE) -- January 17, 2007 -- Radio 1400, LLC, a wholly owned subsidiary of Legacy Communications Corporation, filed an assignment application January 12, 2007 with the Federal Communications Commission for the purchase of KTNP(AM), a new AM radio station at Tonopah, Nevada from Eastern Sierra Broadcasting. The transaction is subject to approval of the FCC. The station will operate at 1400kHz, 1kw day and night 24/7.

Eastern Sierra Broadcasting of South Lake Tahoe, California is owned by Chris Kidd. Legacy Communications Corporation (OTCBB: LGCC) is a holding company that acquires radio station licenses and permits to develop, upgrade, operate and sell. The company seeks out broadcast properties that have significant upside potential when provided proper management, engineering, programming and marketing. Legacy owns nine (9) other stations: KPTO(AM) 1440kHz, Pocatello, Idaho, KITT(FM) 100.1MHz, Soda Springs, Idaho, KNFL(AM) 1470kHz, Tremonton, Utah, KOGN(AM) 1490kHz, Ogden, Utah, KENT(AM) 1400kHz, Parowan, Utah, KBET(AM), Winchester, Nevada (Las Vegas market), KDAN(AM), 1240kHz, Beatty, Nevada, KIFO(AM) 1450kHz, Hawthorne, Nevada and KBSP(AM) 1340kHz, Bishop, California.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

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Contact Information

  • Legacy Communications Corporation
    Morgan Skinner
    (435) 628-1000
    (435) 628-6636 (fax)

    Investor Relations:
    The Eversull Group, Inc.
    Jack Eversull
    (972) 991-1672
    (972) 991-7359 (fax)