Salvatore M. Salibello Is Appointed to LICT Board of Directors and Will Serve as Chairman of the Audit Committee

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RYE, N.Y.--(BUSINESS WIRE)--Salvatore M. Salibello has been appointed to the LICT Corporation Board of Directors and will serve as the Chairman of the Audit Committee. He was a director of Nine West, Inc., a group of companies in the ladies’ footwear and accessories business and served as Chairman of its Audit Committee. Sal brings a vast amount of experience to the LICT Board and will fill a key role as Chairman of the Audit Committee. It should be recognized that such information is based upon certain assumptions, projections and forecasts, including without limitation business conditions, financial markets and the cautionary statements set forth in documents filed by LICT on its website, www.lictcorp.com. LICT is a holding company with subsidiaries in broadband and other telecommunications services that actively seeks acquisitions, principally in its existing business areas.

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