RYE, N.Y., December 18, 2024--(BUSINESS WIRE)--LICT Corporation (OTC Pink: LICT) is pleased to announce that it will further extend our version of the Affordable Connectivity Program ("ACP") discount through June 2025 to aid the people of the communities we serve. LICT continues its focus on our customers who counted on this program, which was terminated by the government in May 2024.

In April 2024, LICT announced that it would extend the defunded ACP credit through January 2025.

LICT continues to look for ways to support those individuals requiring assistance in securing their broadband needs.

This release contains certain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, including without limitation anticipated financial results, financing, capital expenditures and corporate transactions. 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. As a result, there can be no assurance that any possible transactions will be successful or that financial or other targets will be met. Such forward-looking information is subject to uncertainties, risks and inaccuracies, which could be material.

LICT is a holding company with subsidiaries in broadband and other telecommunications services that actively seeks acquisitions, principally in its existing business areas. LICT is listed on the OTC Pink ® under the symbol LICT. For further information, please visit our website listed above.

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Contacts

Stephen J. Moore
Vice President-Finance
914-305-3312