Exhibit 99.1

FOR IMMEDIATE RELEASE

Contacts: David Christensen, CFO

507-387-3355

Jennifer Spaude, Investor Relations

507-386-3765

HickoryTech Reports First Quarter 2014 Results

· Operating Income increased 16 percent

· Net Income increased 27 percent

· EBITDA increased 11 percent

· Fiber and data revenue increased 6 percent

MANKATO, Minn., May 1, 2014 — HickoryTech Corporation (NASDAQ: HTCO), doing business as Enventis, today reported net income of $2.1 million for the first quarter ending March 31, 2014, an increase of 27 percent year over year.  EBITDA totaled $12.1 million in the first quarter, an increase of 11 percent.  Revenue totaled $44.2 million and was down 9 percent from first quarter 2013, primarily due to lower equipment sales, which were down 35 percent year over year. Services revenue, which accounts for 77 percent of the company's revenue, increased 2 percent year over year.

"We continue to execute on our strategy and were able to grow fiber and data revenue 6 percent in first quarter as we expanded our fiber distribution networks and built fiber to additional business customers," said John Finke, HickoryTech's president and chief executive officer.  "We delivered four consecutive quarters of consistent outcomes and growth in our fiber and data business.  We've done a good job managing our costs in the quarter and will continue to work to align our operating costs with our pace of growth, ultimately focused on delivering additional value to our results."

Fiber and Data Segment (before inter-segment eliminations)

· First quarter Fiber and Data revenue totaled $17.7 million, up 6 percent year over year.  This growth is the result of increased, high-capacity fiber and data sales within retail and wholesale customer segments.

· Costs and expenses for this segment totaled $14.8 million, a 2 percent reduction from the prior year.

· Operating income totaled $2.9 million, up 80 percent year over year.

· Net income totaled $1.7 million, an increase of 81 percent year over year.

As a reminder, first quarter 2013 results included a pre-tax impairment charge of $633,000 related to a write-off of non-strategic wireless assets acquired with the Fargo-based acquisition.  The charge, which totaled $380,000 after tax, negatively affected net income in 2013 by approximately $0.03 per share.  This non-cash charge was recorded in the Fiber and Data Segment.

Equipment Segment (before inter-segment eliminations)

· First quarter Equipment Segment revenue totaled $12.2 million, a 29 percent decrease year over year.

· Equipment sales revenue was $10 million, down 35 percent compared to a year ago. Equipment revenue tends to fluctuate quarter to quarter based on timing of sales and installation periods.

· Support Services revenue was $2.2 million, a 19 percent increase from first quarter 2013.

· Operating income totaled $486,000, a 41 percent decrease year over year.

· Net income totaled $287,000, a 41 percent decrease compared to the first quarter 2013.

Telecom Segment (before inter-segment eliminations)

· First quarter Telecom Segment revenue totaled $14.4 million, down 2 percent from a year ago. Telecom results were affected by legacy service declines primarily in network access and local service revenue.  Broadband service revenue grew 5 percent, offsetting part of the Telecom revenue decline. Competitive price compression is impacting the growth rates of broadband services.

· DSL subscribers increased 4 percent and Digital TV subscribers were up 8 percent.

· Costs and expenses totaled $12.5 million, down 3 percent year over year.

· Operating and Net income were both up 1 percent compared to the first quarter 2013.

Total Capex, Depreciation and Amortization

Total capital expenditures in the first quarter were $4.9 million, compared with $5.8 million in the comparable quarter in 2013, down primarily due to timing of projects year over year.

Depreciation and amortization expense increased $571,000, or 8 percent in the first quarter.  The increase is primarily attributed to increased capital expenditures associated with fiber network expansion and success-based capital expenditures supporting Fiber and Data revenue growth. 

Debt Position

Long-term debt and current maturities, including capitalized leases, totaled $134.8 million as of March 31, 2014. The first quarter 2014 debt balance represents a year-over-year decrease of $1.6 million and a reduction of $7.1 million since the company's acquisition of IdeaOne Telecom two years ago.  Net debt is a measure of financial balance sheet strength, which subtracts cash on hand from the total debt balance.  Net debt as of March 31, 2014 is $122.6 million, the lowest level of net debt for the company since March 2012.

Fiscal Outlook for 2014

HickoryTech confirms its previous fiscal 2014 outlook.

· Revenue in 2014 is expected to be within a range of $189 million to $199 million.  The company expects growth in business and broadband revenue to offset the majority of the declines in legacy Telecom services.

· Net income is expected to be in a range of $6.4 million to $8.4 million.

· EBITDA is expected to be in a range of $47.0 million to $49.5 million.

· Capital expenditures are expected to be between $24 million and $28 million, with approximately 60 percent of capex expected for success-based opportunities.

· The company expects its year-end 2014 debt balance to be in a range of $133 million to $135 million.

Conference Call and Webcast

HickoryTech will hold a conference call and webcast on Friday, May 2, at 9 a.m. CT to review the company's first-quarter 2014 results. The conference call dial-in number is 877-372-0867, conference ID20839064.A webcast with audio and presentation slides will be available at http://investor.hickorytech.com.

HickoryTech Shareholders Asked to Approve Corporate Name Change to Enventis

The corporate name change is the final step in the company's move to a unified brand following its change to Enventis in October 2013 when the company rebranded its telecom markets to align under its Enventis brand.  HickoryTech shareholders are asked to approve a corporate name change to Enventis Corporation, with the vote being solidified at the company's annual shareholder meeting on May 6.  Upon a successful vote, the company's stock would trade as Enventis on the NASDAQ exchange under ticker symbol "ENVE."

"Aligning our corporate name with Enventis, the brand we use to serve thousands of customers across the upper Midwest, allows us to gain full recognition as a public company and as a leading business and broadband service provider," added Finke.  "HickoryTech has transformed from a local telephone company into a leading, regional communications provider focused on growing and expanding business and broadband services."

About HickoryTech Corporation

HickoryTech Corporation is a leading communications provider serving business and residential customers in the upper Midwest and is doing business as Enventis.  With headquarters in Mankato, Minn., the corporation has 520 employees and an expanded, multi-state fiber network spanning more than 4,200 route miles serving Minnesota, Iowa, North Dakota and South Dakota. The company provides IP-based voice and data solutions, MPLS networking, data center and managed hosted services and communication systems to businesses across a five-state region.  The company also offers broadband Internet, Digital TV, voice and data services to businesses and consumers in southern Minnesota and northwest Iowa. The Company trades on the NASDAQ, symbol: HTCO, and is a member of the Russell 2000 Index.  For more information, visit www.enventis.com.

Non-GAAP Measures

To supplement the Company's financial statements presented in accordance with GAAP, the Company provides certain non-GAAP financial measures of financial performance and position. The Company's reference to these non-GAAP measures should be considered in addition to results prepared under current accounting standards, but are not a substitute for, or superior to, GAAP results.  These non-GAAP measures are provided to enhance investors' overall understanding of the Company's current financial performance, financial position and ability to generate cash flows. In many cases non-GAAP financial measures are used by analysts and investors to evaluate the Company's performance and financial position. Reconciliation to the nearest GAAP measure included in this press release can be found in the financial table included below. 

Forward-looking statement Certain statements included in this press release that are not historical facts are "forward-looking statements." Such forward-looking statements are based on current expectations, estimates and projections about the industry in which HickoryTech operates and management's beliefs and assumptions. The forward-looking statements are subject to uncertainties. These statements are not guarantees of future performance and involve certain risks, uncertainties and probabilities. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. HickoryTech undertakes no obligation to update any of its forward-looking statements, except as required by law.

# # #

Consolidated Statements of Income
(unaudited)
	Three Months Ended March 31
(Dollars in thousands, except share data)	2014			2013			% Change
Operating revenue:
Services	$	34,213		$	33,405			2	%
Equipment		10,027			15,364			-35	%
Total operating revenue		44,240			48,769			-9	%
Costs and expenses:
Cost of sales, excluding depreciation and amortization		8,544			13,222			-35	%
Cost of services, excluding depreciation and amortization		16,660			16,599			0	%
Selling, general and administrative expenses		6,963			7,449			-7	%
Asset impairment		-			633
Depreciation and amortization		7,580			7,009			8	%
Total costs and expenses		39,747			44,912			-12	%
Operating income		4,493			3,857			16	%
Interest and other income		-			2			-100	%
Interest expense		(979	)		(1,139	)		-14	%
Income before income taxes		3,514			2,720			29	%
Income tax provision		1,441			1,094			32	%
Net income	$	2,073		$	1,626			27	%
Basic earnings per share	$	0.15		$	0.12			25	%
Basic weighted average common shares outstanding		13,596,296			13,556,515
Diluted earnings per share	$	0.15		$	0.12			25	%
Diluted weighted average common and equivalent shares outstanding		13,659,827			13,578,429
Dividends per share	$	0.15		$	0.145			3	%

Consolidated Balance Sheets
(unaudited)
(Dollars and Share Data in Thousands)	March 31, 2014			December 31, 2013
Assets
Current assets:
Cash and cash equivalents	$	12,243		$	7,960
Receivables, net of allowance for doubtful accounts of $260and $370		20,172			26,073
Inventories		1,783			1,668
Income taxes receivable		138			970
Deferred income taxes, net		2,479			2,660
Prepaid expenses		3,096			2,545
Other		900			1,386
Total current assets		40,811			43,262
Investments		3,595			3,414
Property, plant and equipment		465,728			461,712
Accumulated depreciation and amortization		(286,987	)		(280,386	)
Property, plant and equipment, net		178,741			181,326
Other assets:
Goodwill		29,028			29,028
Intangible assets, net		3,865			4,088
Deferred costs and other		6,077			5,762
Total other assets		38,970			38,878
Total assets	$	262,117		$	266,880
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	2,908		$	3,163
Extended term payable		6,991			8,879
Deferred revenue		5,681			6,056
Accrued expenses and other		8,431			10,443
Financial derivative instruments		551			242
Current maturities of long-term obligations		1,551			1,586
Total current liabilities		26,113			30,369
Long-term liabilities:
Debt obligations, net of current maturities		133,289			133,621
Accrued income taxes		245			244
Deferred revenue		2,583			2,705
Financial derivative instruments		631			1,184
Accrued employee benefits and deferred compensation		12,175			12,344
Deferred income taxes		37,145			37,103
Total long-term liabilities		186,068			187,201
Total liabilities		212,181			217,570
Commitments and contingencies
Shareholders' equity:
Common stock, no par value, $0.10 stated value
Shares authorized: 100,000
Shares issued and outstanding:  13,622 in 2014 and 13,569 in 2013		1,362			1,357
Additional paid-in capital		17,148			16,462
Retained earnings		30,813			30,782
Accumulated other comprehensive income		613			709
Total shareholders' equity		49,936			49,310
Total liabilities and shareholders' equity	$	262,117		$	266,880

Fiber and Data Segment
(unaudited)
	Three Months Ended March 31
(Dollars in thousands)	2014		2013		% Change
Revenue before intersegment eliminations:
Business	$	9,663	$	8,825		9	%
Wholesale		7,815		7,646		2	%
Intersegment		221		213		4	%
Total Fiber and Data revenue		17,699		16,684		6	%
Cost of services
(excluding depreciation and amortization)		8,206		8,257		-1	%
Selling, general and administrative expenses		3,356		3,360		0	%
Asset impairment		-		633
Depreciation and amortization		3,190		2,796		14	%
Total costs and expenses		14,752		15,046		-2	%
Operating income	$	2,947	$	1,638		80	%
Net income	$	1,739	$	961		81	%
Capital expenditures (A)	$	2,588	$	2,943		-12	%
(A) Does not include change in materials and supplies.

Equipment Segment
(unaudited)
	Three Months Ended March 31
(Dollars in thousands)	2014		2013		% Change
Revenue before intersegment eliminations:
Equipment	$	10,027	$	15,364		-35	%
Services		2,221		1,873		19	%
Total operating revenue		12,248		17,237		-29	%
Cost of sales
(excluding depreciation and amortization)		8,544		13,222		-35	%
Cost of services
(excluding depreciation and amortization)		1,777		1,695		5	%
Selling, general and administrative expenses		1,303		1,414		-8	%
Depreciation and amortization		138		85		62	%
Total costs and expenses		11,762		16,416		-28	%
Operating income	$	486	$	821		-41	%
Net income	$	287	$	485		-41	%
Capital expenditures	$	109	$	558		-81	%

Telecom Segment
(unaudited)
	Three Months Ended March 31
(Dollars in thousands)	2014		2013		% Change
Revenue before intersegment eliminations:
Local Service	$	2,730	$	2,963		-8	%
Network Access		4,415		4,701		-6	%
Broadband		5,276		5,005		5	%
Other		1,513		1,579		-4	%
Intersegment		434		417		4	%
Total operating revenue	$	14,368	$	14,665		-2	%
Total Telecom revenue before intersegment eliminations
Unaffiliated Customers	$	13,934	$	14,248
Intersegment		434		417
		14,368		14,665
Cost of services (excluding depreciation and amortization)		6,809		6,847		-1	%
Selling, general and administrative expenses		1,986		2,245		-12	%
Depreciation and amortization		3,678		3,703		-1	%
Total costs and expenses		12,473		12,795		-3	%
Operating income	$	1,895	$	1,870		1	%
Net income	$	1,118	$	1,104		1	%
Capital expenditures (A)	$	1,804	$	1,760		3	%
Key Metrics
Business access lines		18,788		20,016		-6	%
Residential access lines		20,267		21,744		-7	%
Total access lines		39,055		41,760		-6	%
High-speed Internet ("DSL") customers		21,178		20,327		4	%
Digital TV customers		11,788		10,910		8	%
(A) Does not include change in materials and supplies.

Reconciliation of Non-GAAP Measures
	Three Months Ended March 31
(Dollars in thousands)	2014		2013
Reconciliation of consolidated net income to EBITDA:
Net income	$	2,073	$	1,626
Add:
Depreciation and amortization		7,580		7,009
Interest expense		979		1,139
Income taxes		1,441		1,094
EBITDA		12,073		10,868
Adjustments allowed under our credit agreement:
Asset impairment		-		633
EBITDA per our credit agreement	$	12,073	$	11,501

(Dollars in thousands)
Reconciliation of net debt:	Mar-14		Dec-13		Sep-13		Jun-13		Mar-13		Dec-12		Sep-12		Jun-12		Mar-12
Debt obligations, net of current maturities	$	133,289	$	133,621		134,018		134,324		134,723		135,133		135,519		139,874		140,272
Current maturities of long-term obligations		1,551		1,586		1,584		1,655		1,648		1,648		1,636		1,614		1,621
Total Debt	$	134,840	$	135,207		135,602		135,979		136,371		136,781		137,155		141,488		141,893
Less:
Cash and cash equivalents		12,243		7,960		6,516		5,197		4,306		8,305		10,051		14,431		20,724
Net Debt	$	122,597	$	127,247		129,086		130,782		132,065		128,476		127,104		127,057		121,169

Reconciliation of Non-GAAP Measures
	Year Ending
	December 31, 2014
(Dollars in thousands)	Guidance Range
Reconciliation of net income to 2014 EBITDA guidance:	Low		High
Projected net income	$	6,400	$	8,400
Add back:
Depreciation and amortization		31,800		31,400
Interest expense		4,500		4,100
Taxes		4,300		5,600
Projected EBITDA guidance	$	47,000	$	49,500