ROCHESTER, N.Y., July 16, 2009 (GLOBE NEWSWIRE) -- Transcat, Inc. (Nasdaq:TRNS - News), a leading global distributor of professional grade test, measurement and calibration instruments and accredited provider of calibration, parts inspection, production model engineering and repair services, announced today that it will release its first quarter 2010 results after market close on Monday, July 27, 2009.
The release of the financial results will be followed by a company-hosted teleconference on Tuesday, July 28, 2009, at 11:00 a.m. ET. During the teleconference, Charles P. Hadeed, President, CEO and COO, and John J. Zimmer, Vice President Finance and CFO, will review the financial and operating results for the period and discuss Transcat's corporate strategy and outlook. A question-and-answer session will follow.
The Transcat, Inc. conference call can be accessed the following ways:
-- The live webcast can be found at www.transcat.com. Participants should go to the website 10 - 15 minutes prior to the scheduled conference in order to register and download any necessary audio software.
-- The teleconference can be accessed by dialing (201) 689-8560, and entering conference ID number 328141 approximately 5 - 10 minutes prior to the call.
Schedule this webcast into MS-Outlook calendar (click open when prompted):http://apps.shareholder.com/PNWOutlook/t.aspx?m=37837&k=88B5164F
To listen to the archived call:
-- The archived webcast will be at www.transcat.com. A transcript will also be posted once available.
-- A replay can also be heard by calling (201) 612-7415, and entering conference ID number 328141 and account number 3055. The telephonic replay will be available from 2:00 p.m. on Tuesday, July 28, until 11:59 p.m. ET Tuesday, August 4, 2009.
ABOUT TRANSCAT
Transcat, Inc. is a leading global distributor of professional grade test and measurement instruments and accredited provider of calibration, parts inspection, production model engineering and repair services primarily for the pharmaceutical and FDA regulated, industrial manufacturing, energy and utilities, chemical process, and other industries. Through its distribution product segment, Transcat markets and distributes national and proprietary brand instruments to approximately 13,600 global customers. The Company's Master Catalog offers access to more than 25,000 test and measurement instruments. Transcat delivers precise, reliable, fast calibration, parts inspection, production model engineering and repair services across the United States, Canada and Puerto Rico through its 12 strategically located Calibration Centers of Excellence. Transcat's calibration laboratories are ISO 9001:2000 registered and the scope of accreditation for ISO/IEC 17025 is one of the broadest in the industry. Transcat's growth strategy is to expand both its distribution products and calibration services in markets that value product breadth and availability and rely on accredited calibration services to maintain the integrity of their processes.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that Transcat, Inc. expects or anticipates will occur in the future, including but not limited to statements relating to anticipated revenue, profit margins, sales operations, its strategy to build its sales representative and reseller channels, customer preferences and changes in market conditions in the industries in which Transcat operates are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Transcat's Annual and Quarterly Reports filed with the Securities and Exchange Commission, including under the heading entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.
Transcat, Inc.
John Zimmer, Chief Financial Officer
585-352-7777
jzimmer@transcat.com
Kei Advisors LLC
Investor Relations
Deborah Pawlowski
716-843-3908
dpawlowski@keiadvisors.com
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