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	MANKATO, Minn., Aug. 3, 2009 — HickoryTech Corporation (Nasdaq: HTCO) announced today that it has completed its acquisition of CP Telecom, a privately held facilities-based telecom provider, serving Minneapolis, St. Paul and northern Minnesota, for the purchase price of $7 million, plus routine working capital adjustments. HickoryTech funded this acquisition with cash on hand and did not incur any additional debt. “We are excited to complete the CP Telecom acquisition and grow our small to medium sized business (SMB) customer segment,” said John Finke, HickoryTech president and chief executive officer. “CP Telecom customers will continue to experience high quality services and support. We look forward to integrating the experienced CP Telecom team into our operations as we continue to expand our focus on the SMB customer segment.” CP Telecom provides voice, data and Internet services in the Minneapolis and Duluth, Minn. areas. CP Telecom’s assets include: long-term rights to a fiber network encompassing Minneapolis and St. Paul, IP, mid-band Ethernet and voice soft switching technologies. HickoryTech’s subsidiary, Enventis, operates in the Minneapolis, St. Paul and Duluth markets today. The Company plans to utilize the Enventis brand for its business services in these markets and will phase out the CP Telecom name in the future. About HickoryTech Corporation HickoryTech Corporation (dba HickoryTech and Enventis) is a leading integrated communications provider in the markets it serves. With headquarters in Mankato, Minn., the corporation has approximately 450 employees and a regional fiber network with facilities-based operations in Minnesota and Iowa. Enventis serves businesses of all sizes across a five-state region with IP-based voice, data and network solutions. HickoryTech provides bundled residential and business services including high-speed Internet, Digital TV and voice services in its legacy telecom markets. The Company trades on the Nasdaq Stock Exchange, symbol: HTCO, and is a member of the Russell 2000 index. For more information, visit www.hickorytech.com.
	About CP Telecom CP Telecom was founded in 1994 and is a facilities based full service integrated communications provider serving customers in the state of Minnesota. CP Telecom is a privately held profitable company providing local phone service and long distance phone service to business customers and Internet access and web site hosting to business and residential customers. CP Telecom is one of the fastest growing telecommunications companies in Minnesota. Founded in 1994 by its Chairman, Chad Braafladt, and Mary McClernon, CP Telecom has grown into one of the leading telecommunications companies in Minnesota. Originally founded as an IT consulting enterprise, the company became an Internet Service Provider in 1995 and grew rapidly as the Internet expanded. The company expanded its growth across the state of Minnesota through five acquisitions of other ISPs in 2000, 2001 and 2002 in Minneapolis, Southern Minnesota, North-Eastern Minnesota and Western Minnesota to serve over 20,000 customers. In 2002, CP Telecom installed Class 5 local phone switches in Minneapolis and Duluth, Minnesota to serve the entire state of Minnesota. CP Telecom began offering facilities based telephone service in January, 2003 via its Lucent Class V. After experiencing rapid initial growth primarily focusing on the wholesale and carrier market, the company expanded its service offerings and introduced integrated local, long distance and Internet access service via digital T1 facilities to small and medium sized business customers in October 2003. A strong underlying value evident throughout CP Telecom is the knowledge and actions of the people who support, service and communicate with customers. The CP Telecom culture supports valued customers by staffing locally based customer care, technical, and account management professionals whose goal is to provide high-level, personalized client service and satisfaction.

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