LICT Corporation to Participate In Sidoti & Company Virtual Investor Conference

RYE, N.Y.–(BUSINESS WIRE)–LICT Corporation (“LICT” or the “Company”; OTC Pink®: LICT) is announcing today that the Company will participate in the Sidoti & Company Virtual Investor Conference.

LICT’s presentation will take place on September 23, 2020 at 8: 30a.m.EDT, and may be accessed through the Company’s website, www.lictcorp.com.

As part of the presentation, LICT will reiterate its guidance for 2020 Revenues and EBITDA from operations of $120 million and $54 million, respectively.

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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.

Contacts

401 Theodore Fremd Avenue

Rye, N.Y. 10580

914-921-8821

www.lictcorp.com

Mario J. Gabelli

Executive Chairman and Chief Executive Officer

Stephen J. Moore

Vice President-Finance

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