WARWICK, NY -- (MARKET WIRE) -- January 29, 2007 -- Warwick Valley Telephone Company (NASDAQ: WWVY)
(the "Company") announced today that the Company entered into an employment
agreement on January 25, 2007 with Kenneth H. Volz, age 57, as Interim Vice
President, CFO and Treasurer. Mr. Volz has been a principal of the Telecom
Expert Group since 2002. From 2000 to 2001, Mr. Volz was a consultant to
SBC Communications. Prior to 2000, Mr. Volz was employed at Ameritech in a
number of positions, most notably as Vice President of Marketing and
Business Development at Ameritech Information Industry Services, Vice
President of Business Development at Ameritech Development, and Vice
President of Strategic Investments at Ameritech International. Mr. Volz
has over 30 years' experience in finance, business development, planning
and marketing in U.S. and international communications markets. He has
served as Treasurer and board member of MagyarCom, the Ameritech and
Deutsche Telecom holding company formed as a result of the acquisition of
Matav (now Magyar Telekom). In addition to being a CPA, Mr. Volz holds an
MBA from the Kellogg School of Management and a B.S.I.E from the University
of Illinois.
Contact Information: Contact:
Warwick Valley Telephone Co.
Thomas H. Gray
Interim President & Chief Executive Officer
(845) 986-8080