Glenayre Technologies, Inc. (Nasdaq: GEMS), will announce its financial results for the second quarter ended June 30, 2006, on Tuesday, August 8, 2006, before market hours.
The company will host a conference call to discuss its second quarter 2006 financial results the same day at 9 a.m. ET. To access the conference call, please dial 973-633-6740 and reference pass code 7576840. A live webcast of the conference call and the presentation slides will also be available on the Company's corporate Web site, located at http://www.glenayre.com.
Clarke Bailey, Chairman and Chief Executive Officer, Debra Ziola, Chief Financial Officer, Bruce Bales, President of Glenayre Messaging, James Caparro, President and Chief Executive Officer of EDC, and Tom Costabile, Chief Operating Officer of EDC, will host the call.
A replay of the conference call will be available through Tuesday, August 15, 2006, at midnight ET. The replay can be accessed by dialing 973-341-3080. The pass code for the replay is 7576840.
About Glenayre Technologies
Comprised of two divisions, Glenayre Technologies (Nasdaq: GEMS) is a global provider of messaging solutions through the Glenayre Messaging business and entertainment products through Entertainment Distribution Company, LLC (EDC). Headquartered in Atlanta, GA, Glenayre Messaging is an international supplier of next-generation messaging solutions and enhanced services for wireless and wireline carriers and MSO/cable companies. Glenayre Messaging provides solutions for voice, fax and e-mail messaging, including voice mail, video mail, multimedia messaging (MMS), and short message service (SMS). Entertainment Distribution Company is the largest provider of pre-recorded entertainment products, including CDs and DVDs, for Universal Music Group, the world leader in music sales. Headquartered in New York, EDC's operations include manufacturing and distribution facilities throughout North America and in Hanover, Germany. For more information, please visit http://www.glenayre.com.
Safe Harbor Statement
This news release contains statements that may be forward looking within the meaning of applicable securities laws. The statements may include projections regarding future revenues and earnings results, and are based upon the Company's current forecasts, expectations and assumptions, which are subject to a number of risks and uncertainties that could cause the actual outcomes and results to differ materially. Some of these results and uncertainties are discussed in the Company's most recently filed Annual Report on Form 10-K and the Company's most recently filed Quarterly Report on Form 10-Q. These factors include, but are not limited to restructuring activities; potential intellectual property infringement claims; potential acquisitions and strategic investments; volatility of stock price; ability to attract and retain key personnel; competition; variability of quarterly results and dependence on key customers; potential market changes resulting from rapid technological advances; proprietary technology; potential changes in government regulation; international business risks; continuation and expansion of third party agreements; sensitivity to economic trends and customer preferences; increased costs or shortages of raw materials or energy; dependence on Universal Music Group; potential inability to manage successful production; advances in technology and changes in customer demands; variability in production levels; and development of digital distribution alternatives including copying and distribution of music and video files. The Company assumes no obligation to update any forward-looking statements and does not intend to do so.