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Charys Holding Company Announces New Microwave Contracts at Its Subsidiary CCI-Telecom, Inc.
SAN ANTONIO -- June 20, 2005 -- Charys Holding Company, Inc. ("Charys"), (OTCBB: CHYS.OB), today announced that its wholly owned subsidiary CCI Telecom, Inc. ("CCI"),
has won new contract awards for microwave installations with Alamosa Holdings, Inc. ("Alamosa").
Under the agreement, CCI will provide complete, turnkey microwave installation services for two projects. CCI will install a seven-hop microwave link between
Junction, Texas and El Paso, Texas, and separately will install a one-hop microwave link in Durango, Colorado. Both projects will be self-performed using in-house
personal, and will provide Alamosa with a complete, turnkey, end-to-end solution including verified engineering, project management, equipment supply, equipment
installation, system turn up, and final testing.
The project has special significance because it is the first microwave award from Alamosa that CCI has received. "CCI considers it a privilege to be entrusted
by Alamosa to perform this key component of their build-out program," said Dale Ponder, Chief Operating Officer of CCI. In addition to the present contract awards,
CCI has been asked by Alamosa to quote additional microwave projects in West Texas and Colorado.
About Charys Holding Company, Inc.
Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC BB:CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment
referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning,
infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities.
Charys’s principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. For more information about
Charys visit http://www.charys.com.
About CCI-Telecom, Inc.
CCI is a telecommunications infrastructure services business. Headquartered in San Antonio, Texas, the company has 135 employees and satellite offices in Dallas,
Houston, and Lee, Massachusetts. CCI specializes in the development and construction of cellular towers, telephone switching facilities, and advanced radar
installations. The services provided by the company span a broad range of capabilities including telephone system installation, structured cabling, long-haul
fiber, telecom equipment maintenance, as well as installation and services related to microwave, satellite, radar, cellular, and wireless broadband systems.
CCI has been in business since 1980 and has won many awards, including six annual recognitions as a "Top Fifty" company by the San Antonio Business Journal.
CCI enjoys a reputation for high quality and dependability in the wireless, wireline, and radar industries. Its customers include essentially every
major wireless company in the U.S. and various major defense contractors. For more information about CCI visit http://www.ccitele.com.
About Alamosa Holdings, Inc.
Alamosa Holdings, Inc. is the largest (based on number of subscribers) PCS Affiliate of Sprint (NYSE: FON), which operates the largest all-digital, all-CDMA
Third-Generation (3G) wireless network in the United States. Alamosa has the exclusive right to provide digital wireless mobility communications network services
under the Sprint brand name throughout its designated territory located in Texas, New Mexico, Oklahoma, Arizona, Colorado, Utah, Wisconsin, Minnesota, Missouri,
Washington, Oregon, Arkansas, Kansas, Illinois, California, Georgia, South Carolina, North Carolina and Tennessee. Alamosa's territory includes licensed population
of 23.2 million residents, including 15.8 million residents in Alamosa's territories and 7.4 million residents in the recently acquired AirGate properties.
NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Forward-looking statements in this release, including statements regarding management's expectations for future financial results and access to capital
markets, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these
forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including
without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the
telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products;
risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing
pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in
technology development and commercialization.
Media contact:
Stuart Smith
Red Nine PR
404 261-0707
ssmith@redninePR.com
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