Cook Inlet Housing’s Centennial Village Grows to Meet Seniors’ Housing Needs, Eklutna Estates Grand Opening – August 3

Alaska News

Cook Inlet Housing Authority (CIHA) will celebrate the grand opening of Eklutna Estates, located at 8850 Centennial Circle on Tuesday, August 3rd at 1:30 p.m. Eklutna Estates is a fifty-nine unit facility located within CIHA’s existing senior community, Centennial Village, in east Anchorage.

Eklutna Estates consists of 46 one-bedroom/one-bath units and 13 two-bedroom/two-bath units and is open to Alaskans aged 55 and older. Eklutna Estates is a mixed-income property with most rental units available based on income eligibility guidelines and a limited number of units available at market rate without income restrictions.

The total cost for the development of Eklutna Estates is $23.837 million. Funding for the development includes:

Wells Fargo Low-Income Housing Tax Credit Investment (LIHTC)     $ 13,183,539*
AHFC Supplemental Grant Program Funding                                       $   2,712,200
AHFC SCHDF (Senior Housing) Grant                                                 $   2,132,283
1st Deed (AHFC)                                                                                       $      900,000
2nd Deed (AHFC)                                                                                      $      597,000
CIHA deferred developer fee                                                                $      107,305
3rd Deed (CIHA NAHASDA loan)                                                         $   2,700,000
4th Deed (ARRA HOME T-CAP funds)                                                 $      505,641
*Wells Fargo also provided a $5.6 million commercial real estate loan to CIHA.

Eklutna Estates was designed using sustainable building practices and will exceed the State of Alaska Building Energy Efficiency Standard (BEES) with a 5 Star energy rating.  Eklutna Estates also features Energy Star certified appliances, in-floor radiant heat and exterior glazing and insulated windows, which allow for minimal heat loss while allowing maximum daylight.

Every unit in Eklutna Estates is accessible and designed to the guidelines of the Uniform Federal Accessibility Standards.  The building has many common spaces including a craft area, recreation/game room, library and one of the most dynamic common spaces, the rooftop “green” garden, which is accessible from the fourth floor gathering space and community kitchen.

CIHA is proud to announce that Eklutna Estates is a smokefree building. “More and more Alaskans want to live in a smokefree environment,” says Carol Gore, President and CEO of CIHA. “It is our goal to provide quality, affordable and healthy homes.”

The Alaska Tobacco Control Alliance will present CIHA with a Letter of Commendation for their efforts in providing healthy housing options. This is CIHA’s first smokefree property. As of September 1 CIHA will implement a smokefree housing policy in all of our properties – all new leases will be smokefree and expired leases will become smokefree as they come up for renewal.

The Grand Opening Celebration will include a speaking program with remarks by Carol Gore, President and CEO, CIHA; Mayor Dan Sullivan; Margie Brown, CEO, CIRI; Michael Fredericks, President and Owner, RIM First People; Susanne Fleek, State Director, Office of Senator Mark Begich; Sandra Henriquez, Assistant Secretary for the Office of Public and Indian Housing, HUD; Mike Buller, Deputy Executive Director, AHFC; Kevin Gardiner, Vice President Investment Manager Wells Fargo Community Lending and Investment and Pita Benz, Senior Vice President Wells Fargo Commercial Real Estate Group. There will be self-guided tours of the property immediately following the program and ribbon cutting ceremony.

Cook Inlet Housing Authority’s mission is to create housing opportunities that empower our
people and build our communities.

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Fact Sheet

More about Eklutna Estates

· Eklutna Estates is a “green” building. The design incorporates sustainable building practices and was designed following LEED – Leadership in Energy and Environmental Design.
· Eklutna Estates will exceed the State of Alaska BEES (4 Star+) with a 5 Star Energy rating.
· Every unit in the building is fully accessible and designed in accordance with the Uniform Federal Accessibility Standard (UFAS).
· One of the most unique features of the design is the rooftop garden terrace.
·  Eklutna Estates is 100% smokefree.

The Senior Population in Alaska

· For the second year in a row, Alaska has the fastest growing senior population of the 50 states, with an increase of almost 50% among individuals age 65 and older during the past ten years.
· Older Alaskans are a highly diverse group of individuals, living a great variety of lifestyles in communities large and small.
· Over 20% of Alaskans age 65 and older are receiving a modest monthly cash supplement from the Senior Benefits Program, a percentage which varies greatly by location, from 13 percent in the North Slope region to 59% in the Bethel/Wade Hampton region. (19% in Southcentral)
· Senior (60+) food stamp recipients up 22% since November 2008.

Senior Snapshot: Older Alaskans in 2009 from Alaska Commission on Aging

CIHA and Senior Housing

· Cook Inlet Housing Authority has been providing senior housing to Alaskans since 1983, with five properties, totaling 308 housing units, located in our Centennial Village community in east Anchorage and three senior properties located on the peninsula, 10 units in Ninilchik, 24 units in Kenai and 18 units in Seldovia.

·With the addition of Eklutna Estates to Centennial Village, CIHA’s total affordable senior housing portfolio will grow to 419 housing units.

CIHA and Affordable Housing

· In addition to senior housing, CIHA also develops and manages affordable individual and family housing rental properties.
· CIHA currently manages 253 units of affordable individual and family housing located throughout Anchorage.
· CIHA’s total affordable property management portfolio is 672 housing units.

Bristol Design Build Services Recognized by OSHA’s Premiere Safety and Health Program

Alaska News

July 30, 2010 - Bristol Design Build Services, LLC was accepted into the Occupational Health and Safety Administration’s (OSHA) Voluntary Protection Program (VPP) on June 23, 2010 in recognition of the company’s stringent dedication to safety at all levels of operations. The VPP acceptance is a result of Bristol’s role as Prime Contractor in the development of a Tactical Equipment Maintenance Facility (TEMF) for the U.S. Army Corps of Engineers on Ft. Lewis, WA.

NIT Expands Facility and More News

Alaska News

A campus expansion is underway at NIT. Construction on a new state-of the-art, 8,000ft2 began in July 2010. The construction efforts are led by the leadership and vision of NIT Owner, Chris Crum, and President Joe Crum who have dedicated their lives to educating Alaskans. With the addition of this specialized facility NIT will now be able to offer certified welding and testing programs open to the public. There will be 12 welding stations all equipped with state of the art equipment. NIT will expand Pipefitting, Roustabout, Electrical, Carpentry, and Mechanics courses when construction is completed. The new building will be located next to NIT’s main campus on the Palmer-Wasilla Hwy. Students will receive classroom instruction and hands-on training at the same location. The Crum family and the NIT team strive to provide all Alaskans with innovative programs and curriculum that lead to a career path in Alaska. Thank you to the Mat-Su Borough, City of Palmer, and City of Wasilla for your continued support. Watch for regular updates on construction progress at www.nitalaska.com

Small Businesses to Senators: Pass Jobs Act Now

Alaska News

Statement by John Arensmeyer, CEO, Small Business Majority:

July 30, 2010 -- America's 28 million small businesses have been hit especially hard during this deep recession. H.R. 5297, the bipartisan Small Business Jobs Act, would do more to support them than any bill has in years. We're disappointed the Senate failed to pass it when it had the chance on Thursday, especially considering the broad support it has from local, state and national business groups. But we're hopeful that senators will focus on our struggling entrepreneurs rather than political gamesmanship, and, over the next couple of days, pass this crucial bill.   The Small Business Jobs Act addresses several fundamental problems facing small businesses-a lack of access to loans and a heavy tax burden. Big banks are still not lending to small businesses, which is one of the main reasons small businesses have been unable to put some of the 15 million unemployed Americans back to work.   There are a number of wide-ranging provisions in the bill that would help small businesses, including:  

• Expanded and enhanced SBA loan programs
• An expansion of community bank lending for small businesses
• $12 billion in tax cuts
• Tax equity for the 22 million self-employed to help them afford health insurance
• Export promotion support for small businesses
• Business expansion incentives

Only when we get small businesses back to business will we truly jumpstart our economy and fortify our financial future. We're counting on the Senate to do what's right for small businesses and pass this bill now.    

Small Business Majority is a national nonprofit organization focused on solving the biggest problems facing America's 28 million small businesses. We conduct extensive opinion and economic research and work with small business owners, policy experts and elected officials nationwide to bring nonpartisan small business voices to the public policy table.

VSE Reports Financial Results for Second Quarter 2010

Alaska News

Quarterly Revenue and Income Decline; Operating Margin Improves

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated financial results for its second quarter ended June 30, 2010.

Financial Results
		Three months ended June 30,									Six months ended June 30,
(in thousands, except per-share data and percentages)		2010		2009			% Change				2010		2009			% Change
Revenues		$212,473		$255,109			(16.7)%				$440,649		$495,564			(11.1)%
Operating income		$9,953		$10,489			(5.1)%				$18,604		$17,933			3.7%
Operating margin		4.7%		4.1%			Up 60 bp				4.2%		3.6%			Up 60 bp
Net income		$6,103		$6,442			(5.3)%				$11,501		$11,082			3.8%
Diluted EPS		$1.18		$1.25			(5.6)%				$2.22		$2.16			2.8%

For the second quarter of 2010, revenues were $212.5 million compared to $255.1 million in the second quarter of 2009. For the first six months of 2010, revenues were $440.6 million compared to $495.6 million for the first six months of 2009.

The primary reason for the decrease in revenues for the second quarter and the first six months of 2010 as compared to the second quarter and first six months of 2009, is a decrease in the amount of "pass-through" work that is performed by our subcontractors under the R2 Contract. Our strategic efforts to improve our profit margins include increasing direct labor revenue, which is performed by our own employees and carries a higher profit margin, as well as diversifying our service offerings and customer base. Growth in direct labor revenue which is performed by our employees has partially offset the declines in pass-through, resulting in higher operating margins on lower revenue.

Operating income for the second quarter of 2010 was $10.0 million (4.7% of revenue) compared to $10.5 million (4.1% of revenue) in the second quarter of 2009. For the first six months of 2010, operating income was $18.6 million (4.2% of revenue) compared to $17.9 million (3.6% of revenue) for the first six months of 2009.

Operating income declined for the second quarter but increased for the first six months of 2010 compared to 2009. The changes in our year over year operating income levels were driven primarily by changes in the levels and composition of our revenues for these periods. Our revenues in 2010 were comprised of an increased amount of direct labor generated revenues and lesser amounts of low margin subcontractor revenues. The resulting improvement in our operating margins had a mitigating effect on the second quarter decline in operating income and resulted in an increase in operating income for the first six months.

Net income for the second quarter of 2010 was $6.1 million, or $1.18 per diluted share, compared to $6.4 million, or $1.25 per diluted share, in the second quarter of 2009. Net income for the first six months of 2010 was $11.5 million, or $2.22 per diluted share, compared to $11.1 million, or $2.16 per diluted share for the first six months of 2009.

The IT, Energy and Management Consulting Group segment delivered strong results in the second quarter and first six months of 2010. For the second quarter of 2010, revenues for the segment increased 15% and operating income increased 10% compared to the second quarter of 2009. For the first six months of 2010, revenues for the segment increased 18% and operating income increased 30% compared to the first six months of 2009.

Funded contract backlog at June 30, 2010 was $491 million, up 7% compared to $457 million at March 31, 2010 and up 3% compared to $476 million at December 31, 2009.

Operational Highlights in Second Quarter 2010

• Our FSS Division received the Supplier of the Year award for 2009-2010 from Letterkenny Army Depot (LEAD) for the services it provided on the LEAD Forward team supporting the Route Clearance Vehicle Modernization Program in Kuwait. Through VSE's successful performance, the LEAD Forward operation has become a benchmark for future programs that support the nation's Warfighters.
• Our GLOBAL Division received several contract awards for its ship reactivation and transfer services.
  
  -- A $35.8M In-Country Technical Assist award to provide Management, Engineering, Technical, Training and Logistics support for the Egyptian Navy FMS programs and ex-United States Navy transferred ships either in port or at sea, as necessary to support ship operations, training and maintenance.
  
  -- Two awards totaling $12.3 million to support the reactivation and transfer of the USS McInerney (FFG-8) to Pakistan.

• Our subsidiary ICRC was awarded a $28.5 million task order under the U.S. Maritime Administration's Port of Anchorage Intermodal Expansion Project to perform construction management services on the North Extension Bulkhead in Anchorage, Alaska.
• Our Fleet Maintenance Division received a $42.5 million cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract for decontamination and demolition support services for the U.S. Navy's industrial revitalization program.
• Our Fleet Maintenance Division was awarded a $5 million, two-year recompete contract by the U.S. Air Force to support the Basic Expeditionary Airfield Resources program (BEAR) at three U.S. Air Force bases.

Commenting on VSE's financial results for the second quarter of 2010, Maurice "Mo" Gauthier, VSE's CEO said, "Last year's government transition significantly delayed the pace of Federal contract awards and the contract funding process. We have experienced continued award delays in 2010 but we remain focused on our strategy of generating more profitable revenues from direct labor performed by our own employees, and becoming less reliant on revenues from subcontractor labor. Our backlog has increased compared to December 31, 2009 and we have added 78 employees, continuing our strategy of expanding our direct labor workforce in our core areas of expertise - sustainment of legacy systems, operational support for the warfighter, engineering support for foreign military sales and IT, energy and management consulting services. Our continued operating margin improvement in the second quarter is the result of a more profitable mix of federal services work. Our IT, Energy and Management Consulting business, which performs professional services for federal civilian agencies, has performed well from a revenue standpoint and we are pleased with its continued margin improvement."

About VSE

VSE is a diversified Federal Services company of choice with over 50 years of experience in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making our clients successful by delivering talented people and innovative solutions for logistics, engineering, IT services, construction management and consulting. For additional information on VSE services and products, please see the Company's web site at www.vsecorp.com or contact Randy Hollstein, VSE Corporate Vice President of Sales and Marketing, at (703) 329-3206.

VSE encourages investors and others to review the detailed reporting and disclosures contained in VSE's public filings with the U.S. Securities and Exchange Commission for further information and analysis of VSE's financial condition and results of operations. The public filings include additional discussion about the status of specific customer programs and contract awards, risks, revenue sources and funding, dependence on material customers, and management's discussion of short and long term business challenges and opportunities.

Safe Harbor

This news release contains statements that to the extent they are not recitations of historical fact, constitute "forward looking statements" under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE's public filings with the Securities and Exchange Commission, including VSE's annual report on Form 10-K for the year ended December 31, 2009 and subsequent reports filed with the Securities and Exchange Commission.

VSE Corporation and Subsidiaries
Consolidated Balance Sheets (unaudited)
(in thousands except share and per share amounts)
			June 30,					December 31,
			2010					2009
Assets
Current assets:
Cash and cash equivalents					$7,097			$8,024
Receivables, principally U.S. Government, net					138,533			175,185
Deferred tax assets					1,421			2,036
Other current assets					7,426			7,979
Total current assets					154,477			193,224
Property and equipment, net					23,947			24,683
Intangible assets					8,417			9,336
Goodwill					20,930			19,530
Other assets					6,975			7,217
Deferred tax assets					342			-
Total assets					$215,088			$253,990
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable					$69,056			$112,995
Accrued expenses					28,991			34,069
Dividends payable					312			258
Total current liabilities					98,359			147,322
Deferred compensation					3,558			3,934
Deferred income taxes					-			324
Other liabilities					1,088			1,100
Total liabilities					103,005			152,680
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.05 per share,					260			258
authorized 15,000,000 shares; issued and
outstanding 5,192,202 and 5,170,190,
respectively
Additional paid-in capital					15,562			15,720
Retained earnings					96,261			85,332
Total stockholders' equity					112,083			101,310
Total liabilities and stockholders' equity					$215,088			$253,990

VSE Corporation and Subsidiaries
Consolidated Statements of Income (Unaudited)
(in thousands except share and per share amounts)
			For the three months							For the six months
			ended June 30,							ended June 30,
			2010				2009			2010				2009
Revenues			$	212,473		$	255,109			$	440,649		$	495,564
Contract costs				202,063			244,440				421,290			477,249
Selling, general and administrative expenses				457			180				755			382
Operating income				9,953			10,489				18,604			17,933
Interest expense (income), net				19			(60	)			14			(119	)
Income before income taxes				9,934			10,549				18,590			18,052
Provision for income taxes				3,831			4,107				7,089			6,970
Net income				6,103			6,442				11,501			11,082
Basic earnings per share			$	1.18		$	1.26			$	2.22		$	2.16
Basic weighted average shares outstanding				5,191,909			5,130,372				5,186,191			5,121,414
Diluted earnings per share			$	1.18		$	1.25			$	2.22		$	2.16
Diluted weighted average shares outstanding				5,191,909			5,142,799				5,186,191			5,134,759
Dividends declared per share			$	0.060		$	0.050			$	0.110		$	0.095

VSE Corporation and Subsidiaries
Consolidated Statements of Cash Flows (Unaudited)
(in thousands)
		For the six months
		ended June 30,
			2010					2009
Cash flows from operating activities:
Net income		$	11,501				$	11,082
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			4,267					3,518
Loss (gain) on sale of property and equipment			10					(130	)
Deferred taxes			(51	)				(413	)
Stock-based compensation			392					625
Excess tax benefits on stock-based compensation			-					(13	)
Changes in operating assets and liabilities:
Receivables, net			36,652					59,545
Other current assets and noncurrent assets			738					1,381
Accounts payable and deferred compensation			(44,315	)				(61,567	)
Accrued expenses			(5,181	)				(3,763	)
Other liabilities			(12	)				79
Net cash provided by operating activities			4,001					10,344
Cash flows from investing activities:
Purchases of property and equipment			(2,565	)				(4,891	)
Proceeds on the sale of property and equipment			-					150
Contingent consideration payments			(1,845	)				(1,612	)
Net cash used in investing activities			(4,410	)				(6,353	)
Cash flows from financing activities:
Borrowings on loan arrangement			120,366					112,860
Repayments on loan arrangement			(120,366	)				(116,890	)
Dividends paid			(518	)				(460	)
Excess tax benefits on stock-based compensation			-					13
Proceeds from the exercise of stock options			-					31
Net cash used in financing activities			(518	)				(4,446	)
Net decrease in cash and cash equivalents			(927	)				(455	)
Cash and cash equivalents at beginning of period			8,024					638
Cash and cash equivalents at end of period			7,097					183

State Investment in Seed Potatoes Paying Off

Alaska News

July 30, 2010, Anchorage, Alaska – A years-long public-private partnership aimed at creating a potential $1.5 billion export market for Alaska-grown seed potatoes is bearing fruit for the state and its agriculture sector.

Representatives from the Governor’s Office, Department of Commerce, Community and Economic Development, and Division of Agriculture met this week with business representatives from China and Idaho to discuss the progress of arrangements for lab-tested, disease-free seed potatoes grown on farms in Delta Junction and the Mat-Su valleys to be exported to China.

Idaho agribusiness Larsen Farms, one of the largest producers and exporters of potatoes in the United States, has agreed to use its contacts within China to facilitate the export process. Larsen has signed contracts with Alaska farmers to produce mini-tubers and seed potatoes for export and will cover the remainder of the logistical trail required to get the seed potatoes to farms in China.

“This is a great opportunity, with tremendous economic potential, for local farmers and the state of Alaska,” said Susan Bell, commissioner of the Department of Commerce, Community and Economic Development. “The return on investment of public money that went toward the testing and development of viable seed stock will be substantial. We appreciate the Alaska Manufacturing Extension Partnership for recognizing the importance of this project and the job-creating potential of Alaska farmers expanding their acreage up to tenfold to meet export needs.”

AMEP appropriated $250,000 from a DCCED grant to cover the costs of phytosanitary lab testing at the University of Alaska Fairbanks. AMEP will be working with Larsen Farms, the importer in China, Alaska farmers and UAF scientists to develop a funding mechanism to make the export program self-sustaining.

Current year expectation is to produce 500 tons of Alaska seed potatoes and mini-tubers for export. This is a fraction of the approximately 1.5 million tons needed each year to meet the needs of China and Taiwan, which allow only Alaska seed potatoes to be imported because of strict phytosanitary standards.

“We are pleased to partner with the state in this worthwhile economic development project,” said Mark Stearns, chairman of the AMEP Board of Directors and president of Alaska Wood Moulding and TaskKlock, Inc. “This is part of our mission to strengthen Alaska communities and improve the competitiveness of small manufacturers.”

USCIS National Children's Art Project

Alaska News

Introduction

U.S. Citizenship and Immigration Services (USCIS) has commissioned an art project for children across the United States to create images depicting their interpretation of the theme, "We Are America." This project asks children to draw pictures that answer the question "People have come from all over the world to become Americans. Why does that make us great?" USCIS will collaborate on this project with public libraries and other community-based organizations serving America's immigrant communities this summer. USCIS will display submissions in offices across the country and will recognize participants during the 2010 celebration of the "September 11 National Day of Service and Remembrance."

Project Guidelines

To obtain a submission form, children may either stop by the nearest USCIS office or print one from the USCIS website at www.uscis.gov/childrensartproject.

To participate in the project, children must be between 5-12 years of age as of Sept. 11, 2010.

All art submissions must be:

• On 8.5 x 11 or 11 x 17 inch paper in any medium including: paint, crayons, markers, colored pencils or collage
• Accompanied by a short paragraph (2-3 sentences) that explains how the picture relates to the project theme, "We Are America" and answers the question "People have come from all over the world to become Americans. Why does that make us great?"
• Submitted to USCIS from June 12, 2010 to Aug. 16, 2010

If you are unable to obtain the official submission form, you may send your art to any USCIS field office in the United States, via mail, accompanied with the following information:

• Artist Name
• Age
• Birth Date
• Phone
• Email (optional)
• Street Address (optional)
• City/State/Zip
• Name(s) and signature of parents or guardian
• Are your parents or other family members employees of USCIS?
• How did you hear about this project?

Please note that USCIS will be unable to return submissions; they will become property of USCIS. Artwork will be displayed at USCIS Headquarters in Washington D.C., in USCIS offices nationwide and a select number of submissions will be posted on www.uscis.gov/childrensartproject.

You can mail or drop off submissions at your local USCIS office. To find the address of your local office please visit our website at: www.uscis.gov/childrensartproject or call USCIS at 1-800-375-5283. You must address all mailed entries to the "USCIS National Children's Art Project." Mailed entries should be postmarked no later than Aug. 16.

For questions or inquiries about the USCIS National Children's Art Project please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Brice, Inc. is Calista Corporation’s Newest Subsidiary

Alaska News

Calista Corporation today announced it has completed its acquisition of Brice, Inc. and its family of companies. The Brice companies provide civil construction, marine, environmental, materials and equipment rental services. Founded by family matriarch helenka Brice, the company has a long and distinguished heritage with over 40 years successfully building in Alaska. In the last four decades they have worked with Native villages, focusing on the improvement of rural communities and obtaining the highest Native hire rates of any construction company in the state.

This announcement was made at Calista's 2010 Business Reception and with this acquisition Calista Corporation obtains additional construction capacity and Brice gains access to new capital, operating efficiencies and contracting advantages as a Native-owned business. This relationship will help clients lower costs and improve overall construction services; as well as provide additional job opportunities to Calista Shareholders.

"This is a historic day for Calista Corporation, Brice, Inc., our Shareholders and the clients we serve," said Matthew Nicolai, Calista president and CEO. "Independently, each company is an industry leader but together Calista and Brice are even more ready to perform. Our clients will benefit from the breadth and depth of our respective talents."

"Today marks the beginning of an exciting new era," said Sam Robert Brice, Brice, Inc. president. "With the resources of Calista's experience, capital and access to a highly-trained Native workforce, we have an opportunity to re-define construction services in Alaska." Brice is known for its innovative engineering solutions and in 2001 won the Small Business of the Year Award from the U.S. Small Business Administration for remediation work at the Amchitka mud pits for the U.S. Department of Energy. Brice managers will remain in place and continue to provide customers with superior workmanship and excellent attention to detail.


The second largest of the original 13 Native corporations, Calista was established under the Alaska Native Claims Settlement Act of 1971 and represents over 13,000 shareholders. The Calista region encompasses over 6.5 million acres and includes 56 villages, which are incorporated into 46 individual village corporations. Calista Corporation is the parent company of numerous wholly-owned subsidiaries in the areas of aerospace and technology services; construction, engineering and telecommunications; hospitality, camp and support services; and marketing and communications.

Video On Demand Now Available in the Fairbanks Region from GCI

Alaska News

FOR IMMEDIATE RELEASE

GCI subscribers in the greater Fairbanks area now have access to a much anticipated cable feature, Video On Demand (VOD).

The feature allows subscribers to watch free and pay-per-view movies at the touch of the remote control. This service allows users to select the program they want to watch, when they want to watch it. It also features concerts, specials and replays of live events. The new video library combines thousands of hours of free and paid programming with the ability to pause, rewind and fast forward hundreds of programs.

In the Fairbanks region, GCI will offer 44 categories of free Video on Demand service. Customers with GCI Preferred Service or higher will be able to view free on-demand programming from Disney, CNN, A&E, ESPN and a host of other broadcast channels. Subscribers of premium channels such as HBO, Showtime and STARZ will have access to additional on-demand movies and program libraries with their subscription.

“Video on Demand gives GCI subscribers complete control when it comes to programming,” said Paul Landes, Vice President and General Manager, Consumer Services for GCI. “With thousands of hours of free and paid programming, subscribers can enjoy everything from concerts to family programming and never have to leave the comfort of their home.”

The service is now available to subscribers in Fairbanks, Fort Wainwright, North Pole and Eielson Air Force Base. Customers can access this new slate of options by tuning in to channel 777 or accessing the “On Demand” icon in the quick menu.

For a full list of GCI Video On Demand channels offered in these communities visit www.gci.com <http://www.gci.com> .

GCI (Nasdaq: GNCMA) is an Alaska-based integrated communications provider that delivers voice, video and data services through its fiber optic, satellite, hybrid fiber coaxial and metropolitan area network facilities. More information about GCI can be found at www.gci.com <http://www.gci.com>

Christine M. Ward Promoted at KeyBank

Alaska News

ANCHORAGE, ALASKA, July 30, 2010 – Christine M. Ward has been promoted to assistant vice president of KeyBank in Alaska. As manager of the Wasilla branch, she is responsible for day-to-day operations as well as providing financial services, including investments and mortgages, to both small business and consumer clients.

Since joining KeyBank in 2002 as a teller in the Wasilla branch, she has completed assignments at three different Key branches in Idaho. She was nominated for Key’s Achieve Club in 2005 and Signature Circle award in 2007. Ward holds life and health insurance licenses, as well as the series 6 and 63 licenses.

About KeyCorp

KeyBank in Alaska provides investment management, retail and commercial banking, consumer finance, mortgage lending, and investment banking products and services to individuals and companies throughout Alaska, the United States and, for certain businesses, internationally. It is affiliated with KeyCorp, one of the nation’s largest financial services companies with assets of approximately $94 billion at June 30, 2010. The Alaska District provides 24-hour client account access through its extensive branch, ATM and call center networks, as well as internet-based services at www.Key.com.