Synagro Announces Third Quarter 2005 Earnings and Conference Call Schedule
October 27 2005 - 6:01PM
Business Wire
Synagro Technologies, Inc. (NASDAQ SmallCap and ArcaEx
Markets:SYGR), ("the Company") announced today that it will release
its third quarter 2005 results on Wednesday, November 2, 2005,
after the Market closes. The Company has scheduled a conference
call for 10 a.m. Central time on Thursday, November 3, 2005, to
discuss the third quarter results. The conference call will be
broadcast live over the Internet and can be accessed by all
interested parties through a link in the Investor Relations section
of the Company's website at www.synagro.com or by dialing
1-800-263-8506 ten minutes prior to the beginning of the call. A
replay will be available for 24 hours a day for 14 days on the
Company's website after 1 p.m. Central time, Thursday, November 3,
2005. A telephonic replay of the call will be available 24 hours a
day through Thursday, November 17, by dialing 1-888-203-1112 or
1-719-457-0820 and entering code 1342025. Synagro Technologies,
Inc. believes that it is the largest recycler of biosolids and
other organic residuals in the United States and it believes that
it is the only national company focused exclusively on the
estimated $8 billion organic residuals industry, which includes
water and wastewater residuals. The Company serves approximately
600 municipal and industrial water and wastewater treatment
accounts with operations in 37 states and the District of Columbia.
The Company offers a broad range of water and wastewater residuals
management services focusing on the beneficial reuse of organic,
nonhazardous residuals resulting from the wastewater treatment
process, including drying and pelletization, composting, product
marketing, incineration, alkaline stabilization, land application,
collection and transportation, regulatory compliance, dewatering,
and facility cleanout services. Safe Harbor Statement This press
release contains certain forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995,
which involve known and unknown risks, uncertainties or other
factors not under Synagro's control which may cause the actual
results, performance or achievement of Synagro to be materially
different from the results, performance or other expectations
implied by these forward-looking statements. These factors include,
but are not limited to: the risk that our stockholders may not
receive the level of dividends provided for in the dividend policy
adopted by our board or any dividends at all; unseasonable weather;
changes in government regulations; the ability to find, timely
close, and integrate acquisitions; changes in federal wastewater
treatment and biosolid regulation; our ability to comply with
federal, state and local environmental regulations or to maintain
and obtain necessary permits; competition in the wastewater
residuals management business; the risk of early termination of
customer contracts; our level of debt; our ability to obtain
additional financing; our ability to maintain sufficient insurance;
the effect of the restrictions in our senior secured credit
facility on our operation; and our ability to service our debt.
Other factors are discussed in Synagro's periodic filings with the
Securities and Exchange Commission.
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