Measurement Specialties, Inc. Sets Schedule to Announce Second Quarter Results
October 27 2003 - 1:15PM
PR Newswire (US)
Measurement Specialties, Inc. Sets Schedule to Announce Second
Quarter Results FAIRFIELD, N.J., Oct. 27 /PRNewswire-FirstCall/ --
Measurement Specialties, Inc. , a designer and manufacturer of
sensors and sensor-based consumer products, announced today that it
will report earnings for the three and six month periods ended
September 30, 2003, on Tuesday, November 4, 2003. Earnings will be
released after 4:00 PM EST. Additionally, the company reiterates
its guidance for the second quarter given at the Annual Meeting of
Shareholders on September 23, 2003. To access that presentation
visit the company's website at http://www.msiusa.com/ and click on
the September 23, 2003 recording under the Vcall icon or visit
http://www.vcall.com/. A conference call reviewing second quarter
results will be held on Wednesday, November 5, 2003 beginning at
11:00 AM EST. To participate, please dial 888 423-3276 prior to the
start time. International callers should dial 651 224-7497. A
recording of the call will be available for 30 days by dialing 800
475-6701 and entering access code 704604. The call will be
simultaneously broadcast over the Internet and available for 30
days thereafter at http://www.vcall.com/. Measurement Specialties
is a designer and manufacturer of sensors, and sensor-based
consumer products. Measurement Specialties produces a wide variety
of sensors that use advanced technologies to measure precise ranges
of physical characteristics, including pressure, motion, force,
displacement, angle, flow, and distance. Measurement Specialties
uses multiple advanced technologies, including piezoresistive,
application specific integrated circuits (ASICs),
micro-electromechanical systems (MEMS), piezopolymers, and strain
gages to allow their sensors to operate precisely and cost
effectively. This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities and Exchange Act of
1934, as amended, including but not limited to, statements
regarding the continued production of current product lines.
Forward-looking statements may be identified by such words or
phases as "intends," "are expected to," "will continue," "is
anticipated," "estimated," "projected," "may," "we believe,"
"future prospects," "potential growth prospects," or similar
expressions. The forward-looking statements above involve a number
of risks and uncertainties. Factors that might cause actual results
to differ include, but are not limited to, success of any
reorganization; consummation of any contemplated sale of assets;
ability to raise additional funds; the outcome of the class action
lawsuits filed against the Company; the outcome of the current SEC
investigation of the Company; conditions in the general economy and
in the markets served by the Company; competitive factors, such as
price pressures and the potential emergence of rival technologies;
interruptions of suppliers' operations affecting availability of
component materials at reasonable prices; timely development and
market acceptance, and warranty performance of new products;
changes in product mix, costs and yields, fluctuations in foreign
currency exchange rates; uncertainties related to doing business in
Hong Kong and China; and the risk factors listed from time to time
in the Company's SEC reports. Forward-looking statements do not
include the impact of acquisitions or dispositions of assets, which
could affect results in the near term. Actual results may differ
materially. The Company assumes no obligation to update the
information in this release. Company contact: Frank Guidone, CEO -
973 808-3020 Investor/media contact: Aimee Boutcher - 973 239-2878
DATASOURCE: Measurement Specialties, Inc. CONTACT: Frank Guidone,
CEO, +1-973-808-3020, or Aimee Boutcher of Boutcher & Boutcher
Investor Relations, +1-973-239-2878, for Measurement Specialties,
Inc. Web site: http://www.msiusa.com/ http://www.vcall.com/
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