KMG America Reports Net Income for First-Quarter 2005
MINNEAPOLIS, May 12 /PRNewswire-FirstCall/ -- KMG America Corporation
(NYSE:KMA) will hold its quarterly conference call to discuss first quarter
results for 2005. The conference call will be held on Monday, May 16, 2005 at
10:00 a.m. EDT. KMG America is a holding company which acquired Kanawha
Insurance Company and its operating subsidiaries in December 2004. KMG America
provides group and voluntary benefits and administrative solutions to employees
nationwide.
This call is being webcast by Thomson/CCBN and can be accessed from KMG
America's website, http://www.kmgamerica.com/ . Please click on
"Analyst/Investor" and there will be a link on the top right for the "Q1 2005
KMG AMER CORP Earnings Conference Call". Please register approximately 5
minutes prior to the call. A rebroadcast will be available after noon on May 16
and may be accessed using the same instructions.
The webcast is also being distributed through the Thomson StreetEvents Network
to both institutional and individual investors. Individual investors can
listen to the call at http://www.fulldisclosure.com/ , Thomson/CCBN's
individual investor portal, powered by StreetEvents. Institutional investors
can access the call via Thomson's password-protected event management site,
StreetEvents ( http://www.streetevents.com/ ).
This press release contains forward-looking statements that are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. The accuracy of such statements is subject to a number of risks,
uncertainties and assumptions that may cause KMG America Corporation's actual
results to differ materially from those expressed in the forward- looking
statements including, but not limited to: implementation of our business
strategy; hiring and retaining key employees; predicting and managing claims
and other costs; fluctuations in our investment portfolio; financial strength
ratings of our insurance subsidiary; government regulations, policies and
investigations affecting the insurance industry; competitive insurance products
and pricing; reinsurance costs; fluctuations in demand for insurance products;
possible recessionary trends in the U.S. economy; and other risks that are
detailed from time to time in reports filed by the company with the Securities
and Exchange Commission. DATASOURCE: KMG America Corporation CONTACT: Sylvia Knight of KMG America Corporation, +1-888-313-4534, ext.
5956, Web site: http://www.kmgamerica.com/
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