Synagro Technologies, Inc. Announces Fourth Quarter 2005 Earnings and Conference Call Schedule
March 13 2006 - 6:16PM
Business Wire
Synagro Technologies, Inc. (NASDAQ:SYGR)(ArcaEx:SYGR), ("the
Company") announced today that it will release its fourth quarter
2005 results on Wednesday, March 15, 2006, after the Market closes.
The Company has scheduled a conference call for 10:00 a.m. Central
time on Thursday, March 16, 2006, to discuss the fourth 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 1-877-704-5379 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 1:30 p.m. Central
time, Thursday, March 16, 2006. A telephonic replay of the call
will be available 24 hours a day through Thursday, March 30, by
dialing 1-888-203-1112 or 1-719-457-0820 and entering code 4844510.
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; loss of
significant customers; our level of debt and our ability to service
our debt; our ability to obtain additional financing; our ability
to maintain sufficient insurance; and the effect of the
restrictions in our senior secured credit agreement on our
operation. Other factors are discussed in Synagro's periodic
filings with the Securities and Exchange Commission.
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