Rye, NY – May 9, 2012 – LICT Corporation (Pink Sheets®: LICT) today announced its earnings for the fourth quarter of 2011 (see Exhibit A). Audited Financial Statements are expected to be available next week.

On March 13, 2012, the Company announced preliminary fourth quarter and full year earnings. Two significant adjustments were made to the preliminary results including a $3.1 million impairment of goodwill and a $1.4 million reduction in equity income.

Continue reading LICT Corporation Announces Fourth Quarter Earnings and Corrections to Preliminary Results

Rye, NY – March 13, 2012 – LICT Corporation (Pink Sheets®: LICT) today announced its preliminary earnings for the fourth quarter of 2011 (see Exhibit A). All data are subject to final closing adjustments, including completion of the Company’s internal goodwill valuation. Audited Financial Statements are expected to be available by April 30, 2012.

Continue reading LICT Corporation Announces Preliminary Fourth Quarter Earnings

Rye, New York – February 16, 2012 – LICT Corporation (“LICT”) today closed the previously-announced sale of its eight 700MHz licenses, which cover Catron County, New Mexico; Chautauqua County, New York; Dubuque, Iowa; Elmira, New York; Gogebic County, Michigan; Grant County, New Mexico; Las Cruces, New Mexico; and San Juan County, New Mexico. The transaction will result in a net gain of $7.7 million to LICT, or approximately $325 per share, after transaction costs and income taxes.

Continue reading LICT Closes Sale Of 700 MHz Licenses

Rye, New York – January 12, 2012 — On January 4, 2012, the Federal Communications Commission approved a transaction whereby LICT Corporation would sell its eight (8) 700MHz licenses. The licenses cover Catron County, New Mexico; Chautauqua County, New York; Dubuque, Iowa; Elmira, New York; Gogebic County, Michigan; Grant County, New Mexico; Las Cruces, New Mexico; and San Juan County, New Mexico. The transaction is expected to close on or about February 13, 2012 and would result in a net gain of $7.7 million, or $325 per share, after transaction costs and income taxes.

Continue reading LICT Receives Approval to Sell Licenses