Contact:
Craig
Cook, Chief Administrative Officer
Cardinal
Communications, Inc.
303-285-5348
FOR
IMMEDIATE RELEASE: NEWS
July
21,
2006 OTCBB: CDNC
Cardinal
Communications Board Members Resign
BROOMFIELD,
Colo., July 21, 2006- Cardinal Communications, Inc. (OTC Bulletin Board: CDNC),
a diversified provider of bundled digital communications and video-on-demand
services, and a specialized developer of residential real estate, today
announced that Robert Hale and Byron Young have resigned from the Company’s
board of directors.
According
to Dick Wilson, chairman, Mr. Hale’s resignation was a result of increasing
personal commitments and the geographic challenges associated with his residing
on the East Coast.
Mr.
Young’s resignation will provide him with more time to focus on addressing the
operational and financial issues related to Get-A-Phone’s declining performance.
About
Cardinal Communications, Inc.
Cardinal
Communications operates a suite of vertically integrated businesses that provide
both bundled digital communications services (voice, video and high-speed
Internet) and high-quality real estate to the residential marketplace. The
Company’s expertise in communication infrastructure and turnkey residential
development allows Cardinal to capitalize on growing demand among homebuyers
for
modern residences that are pre-equipped with a range of digital communications
options. The Company is also partnering with other developers that seek
Cardinal’s expertise in designing, building and operating residential
communication networks that will deliver long-term revenue opportunities.
Cardinal
also operates Get-A-Phone, a provider of specialized local and long-distance
calling programs in select U.S. markets. Based in Broomfield, Colo., publicly
traded Cardinal trades on the Bulletin Board under the symbol “CDNC.” For more
information, visit the Company’s website at www.cardinalcomms.com.
SAFE
HARBOR STATEMENT: Some information in this release is forward looking. These
forward-looking statements may be affected by the risks and uncertainties in
Cardinal Communications and its subsidiaries and divisions. This information
is
qualified in its entirety by cautionary statements and risk factors disclosure
contained in certain of Cardinal Communications' Securities and Exchange
Commission filings. Cardinal Communications wishes to caution readers that
certain important factors may have affected and could in the future affect
its
actual results and could cause actual results for subsequent periods to differ
materially from those expressed in any forward-looking statement made by or
on
behalf of Cardinal Communications. There are many factors that will determine
whether Cardinal Communications will be successful in its endeavors, including,
without limitation, access to adequate capital and consumer acceptance of its
telecommunications service offerings. Cardinal Communications undertakes no
obligation to update forward-looking statements to reflect events or
circumstances after the date hereof.
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