Mpower Retains Cameron Associates as
Investor Relations Advisor
ROCHESTER, NY—May 29, 2003—Mpower Holding Corporation (AMEX:MPE), the parent company of Mpower Communications Corp., a provider of broadband high-speed Internet access and telephone services to business customers today announced that it has retained Cameron Associates, Inc. as its investor relations advisor. Cameron Associates is a 27-year-old New York-based, full-service investor relations firm that represents a wide variety of publicly-held companies in the U.S.
Cameron will assist Mpower in broadening its financial market presence and establishing new relationships within the investment community and financial media. The firm has a wealth of experience representing rapidly growing, emerging health care and technology companies.
Rolla P. Huff, Mpower Communications Chairman and Chief Executive Officer commented, "I am very pleased with our appointment of Cameron Associates. We expect our relationship with Cameron to enhance the visibility and value of Mpower as we increase the recognition of our products and business strategies to a wider investment audience. We believe Cameron's experience and knowledge of the financial industry, and particularly its experience with small public companies, will serve Mpower and our shareholders well."
Founded in 1976, Cameron Associates, Inc. is a New York City-based, full-service investor relations firm providing strategic counsel to a select group of public companies. Additional information about Cameron Associates can be obtained on the Web at www.cameronassoc.com.
About Mpower Holding Corporation
Mpower Holding Corporation (AMEX:MPE) is the parent company of Mpower Communications, a facilities-based broadband communications provider offering a full range of data, telephony, Internet access and Web hosting services for small and medium-size business customers. Further information about the company can be found at www.mpowercom.com.
Forward-Looking Statements
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Mpower Holding Corporation cautions investors that certain statements contained in this press release that state management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. Management wishes to caution the reader these forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to, receipt of all remaining payments from the previously announced asset sales, future sales growth, market acceptance of our product offerings, our ability to secure adequate financing or equity capital to fund our operations, network expansion, our ability to manage growth and maintain a high level of customer service, the performance of our network and equipment, our ability to enter into strategic alliances or transactions, the cooperation of incumbent local exchange carriers in provisioning lines and interconnecting our equipment, regulatory approval processes, changes in technology, price competition and other market conditions and risks detailed from time to time in our Securities and Exchange Commission filings. The company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise.
