Synagro Announces Fourth Quarter and Fiscal 2006 Earnings and Conference Call Schedule
February 26 2007 - 1:44PM
Business Wire
Synagro Technologies, Inc. (NASDAQ Global Market:SYGR) (the
"Company" or �Synagro�) announced today that it will release its
fourth quarter 2006 results on Wednesday, February 28, 2007, after
the Market closes. The Company has scheduled a conference call for
10:00 a.m. Central time on Thursday, March 1, 2007, 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 1-800-588-4973 or
1-847-413-2407 and giving the operator either the host name as
Synagro or confirmation number 17038153 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 1, 2007. A telephonic replay of the call will
be available 24 hours a day through Thursday, March 15, by dialing
1-888-843-8996 or 1-630-652-3044 and entering code 17038153.
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
more than 600 municipal and industrial water and wastewater
treatment accounts with operations in 33 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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