Hanover Compressor Company Presentation Scheduled for Howard Weil 35th Annual Energy Conference
April 03 2007 - 9:42PM
Business Wire
Hanover Compressor Company (NYSE:HC), a global market leader in
full service natural gas compression and a leading provider of
service, fabrication and equipment for oil and natural gas
production, processing and transportation applications, will be
presenting at the Howard Weil 35th Annual Energy Conference on
Wednesday, April 4 in New Orleans. John Jackson, President and
Chief Executive Officer, will be presenting on Wednesday, April 4,
2007 at 2:40 p.m. Eastern. The presentation will not be webcast;
however, the presentation slides will be made available on the
company�s website at www.hanover-co.com immediately after the
presentation. About Hanover Compressor Company Hanover Compressor
Company (NYSE:HC) is a global market leader in full service natural
gas compression and a leading provider of service, fabrication and
equipment for oil and natural gas production, processing and
transportation applications. Hanover sells and rents this equipment
and provides complete operation and maintenance services, including
run-time guarantees for both customer-owned equipment and its fleet
of rental equipment. Founded in 1990 and a public company since
1997, Hanover's customers include both major and independent oil
and gas producers and distributors as well as national oil and gas
companies. More information can be found on the Internet
(www.hanover-co.com). Forward-looking Statements Certain matters
discussed in this presentation are "forward-looking statements"
intended to qualify for the safe harbors established by the Private
Securities Litigation Reform Act of 1995 and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements can generally be identified as such because of the
context of the statement or because the statement includes words
such as "believes," "anticipates," "expects," "estimates," or words
of similar import. Similarly, statements that describe Hanover's
future plans, objectives or goals or future revenues or other
financial measures are also forward-looking statements. Such
forward-looking statements are subject to risks and uncertainties
that could cause our actual results to differ materially from those
anticipated as of the date the statements were made. These risks
and uncertainties include, but are not limited to: our inability to
renew our short-term leases of equipment with our customers so as
to fully recoup our cost of the equipment; a prolonged substantial
reduction in oil and natural gas prices, which could cause a
decline in the demand for our compression and oil and natural gas
production and processing equipment; reduced profit margins or the
loss of market share resulting from competition or the introduction
of competing technologies by other companies; changes in economic
or political conditions in the countries in which we do business,
including civil uprisings, riots, terrorism, the taking of property
without fair compensation and legislative changes; changes in
currency exchange rates; the inherent risks associated with our
operations, such as equipment defects, malfunctions and natural
disasters; governmental safety, health, environmental and other
regulations, which could require us to make significant
expenditures; our inability to implement certain business
objectives, such as international expansion (including our ability
to timely and cost-effectively execute projects in new
international operating environments), integrating acquired
businesses, generating sufficient cash, accessing capital markets,
refinancing existing or incurring additional indebtedness to fund
our business, and executing our exit and sale strategy with respect
to assets classified on our balance sheet as assets held for sale;
risks associated with any significant failure or malfunction of our
enterprise resource planning system and our inability to comply
with covenants in our debt agreements and the decreased financial
flexibility associated with our substantial debt. A discussion of
these and other factors is included in the Company's periodic
reports filed with the Securities and Exchange Commission.
Additional Information In connection with the proposed merger, a
registration statement of the new company, Iliad Holdings, Inc.,
which includes proxy statements of Universal Compression Holdings,
Inc. and Hanover Compressor Company, and other materials, has been
filed with the Securities and Exchange Commission. INVESTORS AND
SECURITY HOLDERS ARE URGED TO CAREFULLY READ THE REGISTRATION
STATEMENT AND THE PROXY STATEMENT/PROSPECTUS AND THESE OTHER
MATERIALS REGARDING THE PROPOSED MERGER, BECAUSE THEY CONTAIN
IMPORTANT INFORMATION ABOUT UNIVERSAL, HANOVER, ILIAD HOLDINGS AND
THE PROPOSED TRANSACTION. Investors and security holders may obtain
a free copy of the registration statement and the proxy
statement/prospectus and other documents containing information
about Universal and Hanover, without charge, at the SEC�s web site
at www.sec.gov, Universal�s web site at
www.universalcompression.com, and Hanover�s web site at
www.hanover-co.com. Copies of the registration statement and the
proxy statement/prospectus and the SEC filings that will be
incorporated by reference therein may also be obtained for free by
directing a request to either Investor Relations, Universal
Compression Holdings, Inc., 713-335-7000 or to Investor Relations,
Hanover Compressor Company, 832-554-4856. Participants in
Solicitation Hanover Compressor Company and Universal Compression
Holdings, Inc. and their respective directors, officers and certain
other members of management may be deemed to be participants in the
solicitation of proxies from their respective stockholders in
respect of the merger. Information about these persons�and their
interests in the solicitation of proxies in respect of the merger
has been included in the registration statement of Iliad Holdings,
Inc. and the joint proxy statement/prospectus filed with the SEC in
connection with the proposed transaction.
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