Appalachian Bancshares, Inc., to Announce Third Quarter Earnings Results on October 27th, 2006


ELLIJAY, Ga., Oct. 18, 2006 (PRIMEZONE) -- Appalachian Bancshares, Inc. (Nasdaq:APAB), today announced it will release its third quarter 2006 financial results on Friday, October 27, 2006, prior to the opening of the stock market.

The company also will hold a conference call at 11:00 a.m. ET on October 27, 2006, to discuss its financial results and strategic initiatives. The conference call can be accessed by phone at 1-877-407-9210 and by Webcast through the company's Web site, www.acbanks.net, by clicking on the Investor Relations section. A replay of the call will be archived on the company's Web site for one year.

About Appalachian Bancshares Inc.

Appalachian Bancshares Inc., based in Ellijay, Ga., is the holding company of Appalachian Community Bank, a state-chartered bank organized under the laws of the State of Georgia. Appalachian Community Bank also operates under the trade name of Gilmer County Bank. Appalachian Bancshares has assets of $675 million and through Appalachian Community Bank provides a full range of community banking services to individuals, small and medium-sized businesses, real estate developers, contractors and farmers, through its North Georgia banking offices in Ellijay, East Ellijay, Blue Ridge, Blairsville, Chatsworth, McCaysville and Dawsonville. The bank also operates loan production offices located in Ducktown, Tenn. and Murphy, N.C. The common stock of Appalachian Bancshares is traded on the Nasdaq National Market, under the symbol APAB. For more information, please visit the Company's website at www.acbanks.net.



            

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