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APB Financial Group LLC, and Hedge Fund Solutions to Host Webcast on Friday, May 17 at 11:00AM EDT to Discuss GAMCO's Activist Investment in Telephone & Data Systems, Inc.

NEW YORK, May 14, 2013 (GLOBE NEWSWIRE) -- APB Financial Group today announced that Damien Park, Managing Partner at Hedge Fund Solutions, will interview Mario Gabelli, the Chairman and CEO of GAMCO Investors and Ryan Morris, GAMCO's nominee for election to Telephone & Data Systems' (NYSE:TDS) Board of Directors as part of APB's ongoing series of interviews on shareholder activism.

GAMCO, an 8.69% shareholder, is seeking to replace one of the Company's twelve directors at TDS's 2013 Annual Shareholders Meeting, which is scheduled for Friday May 24, 2013.

Steven Abernathy, CEO of APB Financial Group stated, "We are pleased to offer this forum in which TDS's current and prospective investors can hear directly from Mario Gabelli and his nominee - Ryan Morris, about how they intend to increase shareholder value if elected to the Company's board next week."

In addition to the webcast interview, qualified investors will receive a complimentary copy of Hedge Fund Solutions' activist investing research for TDS. The 30-minute webcast is scheduled to take place on Friday, May 17, at 11:00 AM EDT.

To receive more information about APB Financial Group's activist investing broker-dealer services and activist investing research, or, to be considered for an invitation to this webcast, please contact Brian Luster at 212-293-3463 or email bluster@abbygroup.com.

About APB Financial Group

APB Financial Group is a full service, independent broker dealer, offering independent research, discreet sales and trading, selective capital introduction and commission management. The Shareholder Rights Division of APB Financial is a Fundamental-Value and Catalyst-Driven independent research provider, dedicated to offering financial services, hedging strategies and other resources to the activist and investment community. APB Financial Group is a member of FINRA, SIPC. For additional information contact Steven Abernathy at 212-293-3469 or by email at sabernathy@abbygroup.com.

About Hedge Fund Solutions, LLC

Hedge Fund Solutions is a specialized research and consulting firm focused on providing substantive solutions for investors and companies on issues relating to activist investing. Hedge Fund Solutions issues Catalyst Investment Research™ – research that singles out companies with extraordinary value potential where activist investors have taken sizeable investment positions and are pressing management to unlock hidden pockets of value. For additional information contact Damien Park at 215-325-0514 or by email at dpark@hedgerelations.com.

About the Moderator

Damien Park, Hedge Fund Solutions

Mr. Park is a leading expert in the area of shareholder activism and corporate governance and is regularly retained by investment professionals and boards of directors seeking dependable counsel in this area. He is the co-chairman of The Conference Board's Expert Committee on Shareholder Activism, the past chairman of the Hedge Fund Activism & Shareholder Value Summit, and is often quoted in The Wall Street Journal, The New York Times, Financial Times, BusinessWeek, CFO Magazine, The Nikkei and Newsweek Japan.

About the Individuals from GAMCO Being Interviewed

Mario J. Gabelli, Chairman & CEO GAMCO Investors

Mr. Gabelli is the Chairman and Chief Executive Officer of GAMCO Investors, Inc., the firm he founded in 1977. A 1965 summa cum laude graduate of Fordham University's College of Business Administration, he also holds an M.B.A. from Columbia University Graduate School of Business, and honorary doctorates from Fordham University and Roger Williams University.

Mr. Gabelli serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, the Foundation for Italian Art & Culture and is a Trustee of the Winston Churchill Foundation of the United States and of the E.L. Wiegand Foundation. He was Morningstar's Portfolio Manager of the Year in 1997. He was named Money Manager of the Year by Institutional Investor for 2011 and is a member of Barron's All Star Century Team.

Ryan J. Morris, GAMCO Nominee to TDS Board

Mr. Morris is the Managing Member of Meson Capital Partners LLC ("Meson LLC"), a San Francisco-based investment manager, which he founded in February 2009. Mr. Morris is currently Executive Chairman of the Board of InfuSystem Holdings, Inc. ("InfuSystem"), a leading supplier of infusion services to oncologists and other outpatient treatment settings. Mr. Morris was elected Chairman of the Board of Lucas Energy, Inc., an oil and gas company, in December 2012, and has served as a director since October 2012. From June 2011 through July 2012, Mr. Morris served as a member of the equity committee responsible for maximizing value to the stockholders of HearUSA, Inc. (subsequently HUSA Liquidating Corporation), an NYSE Amex-listed company in Chapter 11 bankruptcy, which has since liquidated its assets and ceased operations. Prior to founding Meson LLC, in July 2008, Mr. Morris co-founded VideoNote LLC, a small and profitable educational software company with customers including Cornell University and The World Bank, and he continues to serve as its Chief Executive Officer. Mr. Morris has a Bachelor's of Science and Masters of Engineering degree in Operations Research & Information Engineering from Cornell University. Mr. Morris is a Chartered Financial Analyst.

CONTACT: Brian Luster 212-293-3463 bluster@abbygroup.comSource:APB Financial Group, LLC