Stamford Industrial Group Earnings Call Scheduled for Monday, August 17, 2009, 5:30 P.M. Eastern Daylight Time
       By: Stamford Industrial Group, Inc.
Posted: 2009-08-16 07:13:50
Stamford Industrial Group, Inc. (OTC Pink Sheets: SIDG) - Stamford Industrial Group, Inc. will conduct a conference call to review its financial results for the second quarter ended June 30, 2009. The live call is scheduled for Monday, August 17, 2009 at 5:30 p.m., Eastern Daylight Time. Al Weggeman, President and CEO, will host the call.

To access the conference call, please call (866) 939-3921 on Monday, August 17, 2009 at least 10 minutes before the call is scheduled to begin.

International participants should call (678) 302-3550 at least 15 minutes before the start of the conference call.

To accommodate our audiences in earlier time zones or anyone unable to listen, there will be a replay of the teleconference. The replay will be available shortly after the conclusion of the call and can be accessed on the Company's website.

Stamford Industrial Group, Inc. will be releasing its second quarter ended June 30, 2009 financial results to the wire services on August 17, 2009 after market close. You may visit our Website, for immediate access to this press release under the Investors section.

For further information, contact Jonathan LaBarre, Chief Financial Officer at (203) 428-2200.

This press release includes "forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may use words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions to identify forward-looking statements. These forward-looking and other statements, which are not historical facts, are based largely upon our current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among others, our inability to secure necessary financing, any inability to satisfactorily cure existing defaults under our credit agreement and continue to comply with the financial covenants and other obligations under our credit agreement or otherwise continue to operate as a going concern, our ability to implement our acquisition growth strategy and integrate and successfully manage any businesses that we acquire, our ability to continue to grow revenues in our operating divisions, our ability to use our net operating loss carry forward, changes in the Company's relationship with customers, further changes in the demand for counterweights or the growth of the construction industry, changes in our relationship with our unionized employees, the current economic downturn and its effect on the credit and capital markets as well as the industries and customers that use our products, further declines in the business of our customers, the loss of major customers, reductions to our deferred tax assets or recognition of such assets, the price of steel, and other factors described in the "Risk Factors" section of the Company's filings with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K and most recently filed Forms 8-K and 10-Q, which may be obtained at our web site.
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