FOR IMMEDIATE RELEASE

Contact:    Pamela L. Cox
                  Economic Development
                  (239)  338-3161  (office)
                  (239)  851-8973  (cell)

LocalTel Yellow Pages locates corporate offices in Lee County

Bonita Springs, Fla.  (January 24, 2003)---LocalTel Yellow Pages, a privately owned Internet and yellow pages print advertising company founded in 1995, has moved its corporate offices from Andover, Massachusetts to Bonita Springs, Florida. 

LocalTel Yellow Pages has leased 6,000 square-feet of office space at Riverview Corporate Center in Bonita Springs to house its corporate offices.  Fifty-eight new jobs will be created as a result of the location, with an average wage 168% above the Lee County average wage, 27 indirect jobs will be created and the community will realize a total economic impact of $3.8 million in the first year. 

“We are delighted to welcome LocalTel to Bonita Springs,” said Bonita Springs Mayor Paul Pass.   “As we continue to mature as a community, more quality businesses such as LocalTel will see the advantage of locating in Southwest Florida.”

“The move to Lee County has been an important part of our national expansion plans,” stated Ann Hargraves, LocalTel Yellow Pages Vice President of Operations.  “LocalTel is looking forward to commencing its sales operations in mid-February and plans the publication of several premier edition directories later this summer.”

The announcement of LocalTel’s move to Lee County was made during the Horizon Council of Lee County’s Annual Meeting on January 24.  LocalTel’s move to Lee County at the end of 2002 was one example of the continuing attraction of Lee County as a business location, even during a challenging national economy.

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LocalTel/Add 1-1-1-1

“LocalTel Yellow Pages is the type of business we continue to see more of in Southwest Florida,” stated Janet Watermeier, executive director of Lee County’s Economic Development Office.  “They are technically-savvy, require an educated workforce and are looking for a robust business climate and an outstanding quality of life for their employees.”

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About Lee County Economic Development Office

The Economic Development Office of Lee County works to attract new and diversified businesses resulting in high-wage, high-skilled jobs; retains and encourages the expansion of existing businesses; and improves the overall business environment in Lee County.  www.leecountybusiness.com.

About LocalTel

LocalTel Yellow Pages publishes print directories in over 250 communities, reaching approximately 2.5 million residences and businesses.  Recently, the company expanded its expertise to the Internet and launched LocalTel.com, a one-stop web community designed for local businesses and communities.  For more information visit:  www.localtel.com or call 1-888-LocaTel