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Calista Board Update

Calista Corporation Board of Directors Update

Dec. 11, 2014

Recently the Calista Corporation Board of Directors held a regularly scheduled quarterly board meeting. A recap of key decisions is outlined below. As a reminder, a Calista Shareholder can write to Calista and request approved meeting minutes of previous board meetings.

Several years ago, the Board made a decision to hold one meeting each year near a subsidiary located outside of Alaska. The purpose is two-fold: have a regularly scheduled board meeting, and also learn first-hand about a Calista subsidiary's operations and meet their management. Any travel upgrades are at the personal expense of the director.

In 2013 the Board held a meeting in Seattle, allowing the Board an opportunity to tour real estate holdings owned by subsidiary Calista Real Estate. In previous years meetings were held outside of Denver, near a satellite operations center owned by subsidiary Futaris; and in Huntsville,...

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Paskvan new General Counsel

IMMEDIATE RELEASE

Dec. 19, 2014

Calista Corporation Welcomes Paskvan as General Counsel

Bonnie Paskvan Brings Extensive Alaskan Experience

(Anchorage, Alaska) - Calista Corporation is pleased to announce Bonnie J. Paskvan as the new General Counsel. As Calista's lead counsel, Paskvan will work closely with its subsidiaries, executive leadership team and the Board of Directors. She is responsible for meeting and addressing Calista's wide breadth of legal and compliance needs for the Corporation and its more than 35 subsidiaries and joint ventures.

Paskvan previously served as The Alaska Wireless Network's Vice President and Senior Legal Counsel. Additionally, she was Corporate Counsel for GCI and its subsidiaries for more than two decades.

"Calista will fully utilize Paskvan's legal and business development experience in the technology industry, and her work with state and federal regulators," said Calista Corporation President/CEO Andrew...

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