Lightyear Network Solutions to Release Q2 2011 Financial Results on Aug. 15

-- Company’s Conference Call set for Aug. 17 at 11 a.m. EDT --

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Lightyear Network Solutions, Inc. (OTCBB: LYNS), a provider of data, voice and wireless telecommunication services to business and residential customers throughout North America, today announced that it will release its financial results for the second quarter ended June 30, 2011, on Monday, August 15, 2011.

Management of Lightyear Network Solutions will host a conference call on Wednesday, Aug. 17, 2011, at 11 a.m. EDT. Those who wish to participate in the conference call may dial 877-597-2663 (conference code: 5351842) from the United States; international callers may dial 678-809-2332.

An audio replay and transcript of the conference call will be available. For details, visit www.lightyear.net.

About Lightyear Network Solutions, Inc.

Through its wholly owned subsidiaries, Lightyear Network Solutions provides telecommunication services to large, medium and small businesses and to residential consumers throughout North America. Lightyear’s product offerings include enhanced Internet services, MPLS, Ethernet, Voice over Internet Protocol (VoIP), local and long-distance service, local PRI and digital T1, and conferencing. Lightyear also offers wireless services to customers in the U.S. through wholesale contracts with multiple wireless providers. Lightyear built its own VoIP network in 2004 to enhance its product offerings and has partnered with some of the most prominent names in telecom including: Sprint, Verizon, AT&T, Level 3, PAETEC, CenturyLink, XO Communications, Intelliverse, BroadSoft, Cisco and ADTRAN. Lightyear Network Solutions is headquartered in Louisville, Ky. Additional information can be found at: www.lightyear.net.

Forward-Looking Statements

This press release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Lightyear’s actual results to differ materially from those currently anticipated. These forward-looking statements may include, without limitation, statements about our marketing and acquisition opportunities, business strategies, competition, expected activities and expenditures as we pursue our business plan. Although we believe that the expectations reflected in any forward-looking statements are reasonable, the risks and uncertainties which could cause our actual results to differ materially from those currently anticipated includes changes in market conditions, our ability to integrate acquired operations, the ability to obtain additional financing on satisfactory terms, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and risk factors described in our filings with the Securities and Exchange Commission. Lightyear undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

CONTACT:

Lightyear Network Solutions, Inc.
Steve Rush, Marketing Manager, 502-410-1397
steve.rush@lightyear.net

KEYWORDS:   United States  North America  Kentucky

INDUSTRY KEYWORDS:   Technology  Internet  Telecommunications  Mobile/Wireless  VoIP

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